Xinhua News Agency, April 15, Shenzhen Tiger Exchange Asset Management Co., Ltd. (hereinafter referred to as Shenzhen Tiger Exchange) is suspected of engaging in illegal acts. The membership was cancelled by the China Foundation Association and its manager registration was revoked. It is reported that there are some problems in Shenzhen Tiger Exchange, such as the registration information of the manager is not updated in time, the registration information is not in line with the actual situation, the obligation of information disclosure is not fulfilled in accordance with the contract, and the self-discipline inspection of the China Foundation Association is not cooperated with, and the organization is missing. According to the public information of the China Foundation Association, Shenzhen Tiger Huihui, founded in November 2015, is a private equity investment fund manager, with business types including private equity investment funds and private equity investment FOF funds.