Da Ji Nian

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.

Founder Securities Co. Ltd. (Invt Mgmt) (FS-IM) is the investment management division of Founder Securities Co. Ltd. (SHA: 601901), which is headquartered in Beijing, China. FS-IM was founded in 2008 and offers securities brokerage, asset management, investment banking and other comprehensive financial services, as well as the securities proprietary and investment services.

SWS Research Co., Ltd. is the investment research subsidiary of Shenwan Hongyuan Securities Co., Ltd., which is owned by Shenwan Hongyuan Group Co., Ltd. (SHE: 000166) in China. Headquartered in Shanghai, the firm was founded in 1992 to offer a wide range of products and services to global investors who want to invest in Chinese equity market. SWS Research provides clients with securities research service that covers over 500 key stocks in Asian market, as well as economics, strategy, bond, fund and derivatives research. Their clients include almost all major domestic institutional investors such as mutual funds, insurance companies, banks and trusts. They also serve QFII and other overseas institutional investors.

Shanghai Daoren Asset Management Ltd. is an independent investment management firm headquartered in Shanghai, China. The firm was founded in 2015 and manages the assets of individual and institutional clients.

Yimin Asset Management Co., Ltd. (YAM) is an independent Chinese asset management firm which was established in 2005. Registered in Chongqing with their main offices in Beijing, the firm manages mutual funds. YAM's shareholders include Chongqing International Trust, China Xin Ji yuan Co. Ltd. and Zhongshan Securities Co. Ltd.

Fortune & Royal Asset Management Co., Ltd. (FRAM) is an independent investment adviser headquartered in Shenzhen, China and was founded in 2016. The firm provides investment advisory services to their clients.

Hwabao WP Fund Management Co., Ltd. (Hwabao FM) is an independent Chinese fund management firm which was founded as a joint venture between Baosteel Group (HWABAO Trust Co. Ltd.) and Societe Generale Group in 2003. It is now owned by Hwabao Trust Co., Ltd. (51%), Warburg Pincus Asset Management LP (29%) and Jiangsu Railway Group Co., Ltd. (20%). Headquartered in Shanghai, Hwabao FM manages funds for institutional investors.

Part of Sinvo Capital Holding Co. Ltd., Sinvo Fund Management Co. Ltd. is a Chinese company that provides investment advice. The company is based in Beijing, China. The company was founded in 2015. The CEO is San Qi Ku.

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.