| Company Profile | Beijing Jingguan Taifu Fund Management Co., Ltd. was formally established with the approval of the China Securities Regulatory Commission on June 28, 2013. The company is registered in Beijing, with a registered capital of 360 million yuan, of which Beijing State owned Capital Operation Management Co., Ltd. contributed 66.7%, and Cathay Pacific Securities Investment Trust Co., Ltd. contributed 33.3%. The actual controller of the company is the State owned Assets Supervision and Administration Commission of Beijing Municipal People's Government, and the company's equity is not pledged or frozen. On September 12, 2010, the formal entry into force of the Cross Strait Economic Cooperation Framework Agreement (ECFA) marked another milestone in the normalization, institutionalization and liberalization of cross Strait economic relations. Jinguan Taifu is an international asset management company born under the "new era of ECFA" of mutual benefit and win-win cooperation and development. On June 21, 2013, the two sides of the Taiwan Straits signed the Agreement on Trade in Services across the Taiwan Straits, putting forward a number of opening commitments to Taiwan's financial services sector, which brought opportunities for the business development of the soon to be established Beijing Management Pacific. As a bridge and link connecting the capital markets across the Straits, Jinguan Taifu will fully integrate and give full play to the advanced management experience and market resource advantages of shareholders of both sides, explore and innovate, actively practice and explore cross-border financial model innovation, and constantly push the capital market cooperation across the Straits to new heights. "The tide is flat and the two sides are wide, and the wind is blowing", bearing the enthusiasm and hope of the financial industry on both sides of the Taiwan Straits. Jingguan Taifu will adhere to the business philosophy of "focus, responsibility, stability and innovation", take a differentiated development path, and form a unique core competitiveness. The company will adhere to the principle of putting the interests of investors first, constantly deepen and enrich the product system, improve service ability, strengthen risk control, strive to improve the scale of asset management and profitability, strive to lead the industry development, and gradually build an international brand in the field of fixed income investment. On July 28, 2022, the company's name was changed from "Guokai Taifu Fund Management Co., Ltd." to "Beijing Jingguan Taifu Fund Management Co., Ltd.". |
