Yu Long Yang

Morgan Stanley Huaxin Fund Management Co. Ltd. (Morgan Stanley Huaxin Funds) is an independent Chinese fund management firm which was founded in 2003 as Jutian Fund Management Co. Ltd. through the joint venture of Morgan Stanley International Holdings, Inc. (34%), Huaxin Securities Co., Ltd. (36%), Hantang Securities Co., Ltd. (15%), China Merchants Finance Holdings Co., Ltd. (10%) and Shenzhen China Technology Industry Group Co., Ltd. (5%). In 2008, they were renamed Morgan Stanley Huaxin Fund Management Co. after Morgan Stanley became their largest shareholder. Headquartered in Shenzhen with additional offices in Beijing and Shanghai, Morgan Stanley Huaxin Funds provides asset management services and products for individual and institutional clients.

Gfund Management Co., Ltd. (Gfund) is a fund management firm headquartered in Beijing, China. The firm was founded in 2011 and is a subsidiary of Sinolink Securities Co., Ltd. (SHA: 600109). Gfund provides fund management services for individual and institutional investors.