Chao Fang

Da Cheng Fund Management Co., Ltd. (DCFM) is an independent fund management firm headquartered in Shenzhen, China. The firm was founded in 1999 and their main shareholders are Zhongtai Trust and Investment Co. Ltd., China Everbright Securities Co. Ltd., China Galaxy Securities Co. Ltd., and Guangdong Securities Co. DCFM manages the Da Cheng range of open-end mutual funds and the Jing range of closed-end investment funds for institutional clients and private investors.

CS Richland Asset Management Co., Ltd. (CS Richland Asset) is the asset management subsidiary of Guangdong Science & Merchants Venture Capital Management Co., Ltd., ultimately held by China Science & Merchants Investment Management Co., Ltd. in China. Founded in 2015, CS Richland Asset is headquartered in Guangzhou and provides asset management services to individual and institutional clients.

Morgan Stanley Huaxin Fund Management Co. Ltd. (Morgan Stanley Huaxin Funds) is an independent Chinese fund management firm which was founded in 2003 as Jutian Fund Management Co. Ltd. through the joint venture of Morgan Stanley International Holdings, Inc. (34%), Huaxin Securities Co., Ltd. (36%), Hantang Securities Co., Ltd. (15%), China Merchants Finance Holdings Co., Ltd. (10%) and Shenzhen China Technology Industry Group Co., Ltd. (5%). In 2008, they were renamed Morgan Stanley Huaxin Fund Management Co. after Morgan Stanley became their largest shareholder. Headquartered in Shenzhen with additional offices in Beijing and Shanghai, Morgan Stanley Huaxin Funds provides asset management services and products for individual and institutional clients.

Part of CITIC Securities Co., Ltd., CITIC Securities South China Co., Ltd. is a Chinese company that provides securities brokerage and related online research services. The company is based in Guangzhou, China. CITIC Securities South China Co. was acquired by CITIC Securities Co., Ltd. from Guangzhou Yuexiu Capital Holdings Group Co. Ltd. on January 14, 2020 for $3,047.18 million. The company was founded in 2002. The CEO is Yong Heng Zhang.

Guangzhou Securities Co., Ltd. (Investment Management) is the investment management division of Guangzhou Securities Co., Ltd.in China. Established in 1988, the firm is located in Guangzhou and provides investment management services for Guangzhou Securities Co., Ltd.

Baijia Fund Management Co., Ltd. provides investment advice. The private company is based in Guangzhou, China. The Chinese company was founded in 2020 by Song Mao Zhan, Qun Hang Wang. Song Mao Zhan has been the CEO since 2020.

CITIC Private Equity Funds Management Co Ltd (CITICPE) is a private equity subsidiary of CITIC Securities Co., Ltd. (Broker) founded in 2008. The firm is headquartered in Beijing, China.

AVIC Securities Co., Ltd. (Investment Management) is the investment management division of AVIC Securities Co., Ltd., ultimately held by AVIC Capital Co., Ltd. (SH: 600705) in China. Established in 2003, the firm is based in Beijing and provides a range of investment management services to individual and institutional clients.

Origin Asset Management Co. Ltd. provides investment advice. The private company is based in Shanghai, China. The Chinese company was founded in 2022 by Guo Bin Wang, He Ze Jiang, Yun Liang Li. Guo Bin Wang has been the CEO since 2022.

Ping An Securities Co. Ltd. (Invt Mgmt) is the investment management division of Ping An Securities Co. Ltd., ultimately held by Ping An Insurance (Group) Co. of China Ltd. (SH: 601318; ADR: PIGCY). Established in 1991, the firm is located in Shenzhen provides investment management services for their parent company.

Yinhua Fund Management Co., Ltd. (Yinhua) is an independent asset management firm headquartered in Beijing, China. Founded in 2001, Yinhua offers professional investment management services to a diverse clientele that includes financial institutions, social security fund, corporate pension schemes, high-net-worth individuals, and retail investors through mutual funds and segregated accounts.

Rongtong Fund Management Co., Ltd. (Rongtong) is the investment advisory subsidiary of New Times Securities Co. Ltd. in China. Headquartered in Shenzhen, the firm was founded in 2001 and has a partnership with Nikko Asset Management Co., Ltd. Rongtong manages a range of open-end mutual funds and closed-end investment funds for various investors.

Shenzhen Qingshuiyuan Investment Management Co. Ltd. is a professional institution that focuses on securities investment management. The private company is based in Shenzhen, China, and has subsidiaries in China. It is officially registered as a private equity fund manager. The Chinese company's products have ranked among the top ten among nearly 1,000 similar trust products. The company was founded in 2011 and is approved as a special member of the Asset Management Association of China. The CEO is Wen Guang Feng.

Penghua Fund Management Co., Ltd. (Penghua) is an independent Chinese investment management firm which was founded in 1998 to manage third party asset, principally through equities and fixed-income. In 2007 they set up a joint venture with Eurizon Financial Group (Intesa Sanpaolo), selling half of their capital to the Italian firm and Guosen Securities Co. Ltd. Headquartered Shenzhen, Penghua manages a range of mutual funds, including open- and closed-end funds, for institutional and retail investors.

Shanghai University of Finance and Economics engages in the provision of educational services. It offers courses under the following school and departments: business, accountancy, finance, international business administration, economics, public economics and administration, humanities, law, information management and engineering, statistics, foreign languages, mathematics, international cultural exchange, professional and international education and continuing education. The company was founded in 1917 and is headquartered in Shanghai, China.

China Merchants Fund Management Co., Ltd. (CMFM) is a Chinese fund management firm which was founded in 2002 as a joint venture between China Merchants Securities Co., Ltd. (45 percent) and China Merchants Bank Co., Ltd. (55 percent). Headquartered in Shenzhen with branch offices in Beijing, Shanghai and Chengdu, the firm was the first joint venture established between a domestic asset manager and a foreign firm in China. CMFM manages a diverse range of funds including the AnTai umbrella fund for institutions and private individuals. They also manage part of the national social security fund as well as pension funds for the government.

BOC International (China) Ltd. (Broker) (BOC Broker) is the brokerage division of BOC International (China) Ltd. The firm is headquartered in Shanghai and was founded in 2002. BOC Broker provides brokerage services to their clients.

Ping An Securities Co. Ltd. is the securities brokerage subsidiary of Ping An Trust Co., Ltd., which is owned by Ping An Insurance (Group) Co. of China Ltd. (SHA: 601318; HKG: 2318). Headquartered in Shenzhen, the firm was founded in 1991 and provides institutional brokerage services based on the needs of professional investors such as private equity, public equity, trust, asset management, general corporate institutions, and high-net-worth clients.

JX Asset Management Co.,Ltd provides investment advice. The private company is based in Shenzhen, China. and has subsidiaries in China. The Chinese company was founded in 2015. The CEO is Ke Sheng Yin.