FountainCap Research & Investment (Hong Kong) Co., Ltd. ("FountainCap") is a long-only equity fund manager focusing on global long-term opportunities that benefit from China's fundamental transformation. FountainCap has a relentless focus on researching and understanding the dynamic changes of the Chinese economy. We read China not as a large homogenous country but a composition of 33 states (provinces), each with its own economics and demographics as well as its own cultural status. Having an in-depth understanding of the varying social and economic development factors within different tier cities in China not only can help validate the growth prospect of existing industry leaders but can also lead to the discovery of opportunities that are often not understood or not identified by the public. We employ a bottom-up approach in selecting stocks of quality companies with strong fundamentals that we can hold over the long run. All of these translate into an investment portfolio that is well positioned to capture China’s ongoing growth and transformation. Led by veteran China investor, Frank Ding, the investment team are sector/industry specialists with a combined China investment experience of over 60 years and across eight global market cycles. All investment professionals in FountainCap are equipped with both global investment knowledge and expertise and have a deep understanding of China’s economy and market. The company’s objective aims to generate consistent long-term investment results and provide the best services to its clients.