China Southern Asset Management Group Co., Limited

China Southern Asset Management Co., Ltd. (Southern Asset Management) was founded on March 6, 1998, as one of the first regulated asset management companies in China. Headquartered in Shenzhen, it has branch offices in Beijing, Shanghai, Shenzhen, Nanjing, Chengdu, and Hefei. The company also has two subsidiaries: Southern Capital Management Co., Ltd. (Shenzhen subsidiary) and CSOP Asset Management Limited (Hong Kong subsidiary). Southern Asset Management has a leading position in terms of asset management scale and cumulative profit. The product range covers equity, hybrid, bond, monetary, index, QDII, FOF and more. Southern Asset Management has developed into one of the leading fund management companies with diverse products, comprehensive business areas, outstanding operating results and a large AUM scale. Its shareholders are Huatai Securities Co., Ltd. (41.16%), Shenzhen Investment Holdings Co., Ltd. (27.44%), Xiamen International Trust Co., Ltd. (13.72%) and Industrial Securities Co., Ltd. (9.15%).