真实翻译：Private equity industry upgrades "supporting the best and restricting the worst". Recently, the China Securities Investment Fund Industry Association issued disciplinary decisions to three private equity management institutions. At the same time, Hunan Fengshi Private Equity Investment Fund Management Co., Ltd. was ordered to correct its irregularities. Industry insiders believe that under the background of stricter regulation, the private equity industry is gradually entering a phase of healthy competition. (Shanghai Securities News)