Xiao Yu Yuan

Penghua Asset Management Co., Ltd. (Penghua Assets) is the asset management subsidiary of Penghua Fund Management Co., Ltd. in China. Founded in 2013, the firm is headquartered in Shenzhen and has branch offices in Beijing and Shanghai. Penghua Assets is the first batch of professional asset management companies approved by the China Securities Regulatory Commission to engage in specific customer asset management businesses and other businesses.

Part of Tebon Securities Co., Ltd., Tebon Securities Asset Management Co. Ltd. is a Chinese company that provides investment advice. The company is based in Shanghai, China. The company was founded in 2020. Chang Zuo has been the CEO of the company since 2020.

Chasing Securities Co. Ltd. is an independent brokerage firm headquartered in Changsha, China. The firm was founded in 2002 and their business scope covers securities brokerage, investment banking, asset management, investment consulting, margin financing and securities lending, fixed income, securities investment, over-the-counter market, futures brokerage, alternative investment, funds Investment, etc.