Xiao Fan Guo

JPMorgan Asset Management (China) Co., Ltd. (JPMAM China) is a fund management firm headquartered in Shanghai, China. The firm was founded as China International Fund Management Co., Ltd. in 2004 through a joint venture between Shanghai International Trust Co., Ltd. and JPMorgan Asset Management (UK) Ltd. In 2023, they became a subsidiary of JPMorgan Asset Management (UK) Ltd., which is ultimately owned by JPMorgan Chase & Co. (NYSE: JPM) in the US. JPMAM China provides investment advisory and mutual fund management services to Chinese individual and retail investors as well as international institutions.

China Merchants Securities Co., Ltd. (Broker) (CMS) is the securities brokerage division of China Merchants Securities Co., Ltd. (SHA: 600999) in China. Headquartered in Shenzhen, CMS was founded in 1991 and provides comprehensive securities service platform for private, corporate, and institutional clients in domestic and international capital markets.

Yingda Asset Management Co., Ltd. (YDAMC) is an independent mutual fund manager headquartered in Beijing, China. The firm was founded in 2012 as Yingda Fund Management. YDAMC manages a variety of mutual funds for individual and institutional investors.