Tsung Hao Cheng

Invesco Taiwan Ltd. (ITW) is the wholly-owned subsidiary of Invesco Hong Kong Ltd., ultimately held by Invesco Ltd. (NYSE: IVZ) in the US. Formerly known as CITIC Securities Investment Trust Co. Ltd., the firm was established in 1998 and was acquired by Invesco in 2001. ITW is located in Taipei and manages a range of mutual funds.

Capital Investment Trust Corp. (CITC) is an independent fund management firm headquartered in Taipei, Taiwan. The firm was founded by Tien-Wen Chen in 1995. CITC provides comprehensive and professional financial services in public mutual funds, discretionary investments, and private funds for retail, high net worth individuals, government, and corporate investors.