Technology, Financials May 23, 2022 10:34 PM (GMT+8) · EqualOcean
Recently, Wuhan Shengdao venture capital fund management Co., Ltd. had a number of violations and was issued a warning letter by Hubei securities regulatory bureau. Among them, there are four major problems in many funds managed by Shengdao venture capital, including the promise to investors that the principal will not be lost and the minimum return, as well as the failure of some funds to go through fund filing procedures. Statistics show that Shengdao venture capital, established in 2016, is a private equity fund management platform under Wuhan contemporary group. Its investment projects include fresh fruit, hot fitness, Jiangzhong food therapy, etc.