Penghua Overview Penghua Fund Management Co., Ltd was established on December 22,1998, with registered capital being 150 million Yuan. Headquartered in Shenzhen, it has branches in Beijing, Shanghai, Guangzhou and Wuhan. In the January of 2013, it established its controlling subsidiary, Penghua Asset Management Co., Ltd, which locates in Qianhai of Shenzhen. Shareholders of Penghua Fund Management Co., Ltd include Guosen Securities Co., Ltd, Eurizon Capital SGR S.p.A. and Shenzhen Brillic Investment Co., Ltd, with their respective capital contribution proportion being 50%, 49% and 1%. Its business scope covers fund raising, fund sales, asset management and other businesses allowed by CSRC. As of March 31,2017, the total AUM of Penghua Fund Management Co., Ltd was RMB 433.074 billion Yuan, with 137 mutual funds and 10 NSSF portfolios under management https://www.phfund.com.cn/web/en/index