The National Financial Supervision Administration issued the "Notice on Further Expanding the Pilot Program for Private Equity Investments by Financial Asset Investment Companies." It supports Insurance funds to participate in the pilot program for Private Equity investments by financial asset investment companies. The notice clarifies that it supports Insurance funds to legally and compliantly invest in financial asset investment companies through private equity investment funds issued by affiliated Institutions, Bonds issued by financial asset investment companies, or Shareholding in financial asset investment companies. This is beneficial for leveraging the long-term investment advantages of Insurance funds, broadening the funding sources for the pilot program of Private Equity investments, and further enriching the diversified financing system for Technology enterprises.

The National Financial Supervision Administration released a notice on "Further Expanding the Pilot Program for Private Equity Investments by Financial Asset Investment Companies." The notice mentions support for qualified commercial Banks to initiate the establishment of financial asset investment companies. Currently, the financial asset investment companies established by five major commercial Banks have explored important models for financial support of Technology innovation through the pilot program. Gradually and orderly increasing the number of institutions participating in the pilot is conducive to mobilizing more funds and resources for participation, further increasing support for Technology innovation and private enterprises.

The National Financial Regulatory Administration issued a notice on "Further Expanding the Pilot Program for Private Equity Investment Companies in Financial Assets."