freepokercasinoworld| Rongxin Capital was ordered by supervision to correct due to excessive reduction of Asikai's shares

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Beijing Business News (Reporter Liu Yuyang Hao Yan) May 20freepokercasinoworld, the Guangdong Securities Regulatory Bureau issued an announcement sayingfreepokercasinoworldAfter investigation, as of December 17, 2023, Rongxin Capital Excellence No. 1 private equity fund managed by Rongxin Capital Investment (Shenzhen) Co., Ltd.(hereinafter referred to as "Rongxin Capital") holds Aisikai (300521) Technology Co., Ltd.(hereinafter referred to as "Aisikai") 6freepokercasinoworld. 53% shares, Rongxin Capital Zhuoyue No. 1 Private Equity Fund reduced its holdings of 2.88 million shares of Asikai through a block transaction on December 18, 2023. After the reduction, Rongxin Capital Zhuoyue No. 1 Private Equity Fund held Asikai 4.freepokercasinoworld.53% of the shares.

Rongxin Capital did not stop buying and selling Asikai shares when Rongxin Capital Excellence No. 1 Private Equity Fund's proportion of Asikai shares fell to 5%, and reduced its holdings by 0.47% over the proportion. The above behaviors violated many regulations. Therefore, the Guangdong Securities Regulatory Bureau decided to take administrative supervision measures against Rongxin Capital to order corrections.