Introduction of Penghua Fund Management Co., Ltd.

company profile

Penghua Fund Management Co., Ltd. was established on February 22nd, 1998, with a registered capital of RMB10.50 billion yuan. Penghua Fund Management Co., Ltd. is headquartered in Shenzhen, with branches in Beijing, Shanghai, Guangzhou and Wuhan. 20 13, Penghua Asset Management (a wholly-owned subsidiary) was established in Qianhai, Shenzhen. The shareholders are Guoxin Securities Co., Ltd. and Eurizoncapitalsgrs. P.A. and Shenzhen Beirongxin Investment Development Co., Ltd., with the capital contribution ratio of 50%, 49% and 65,438+0% respectively. Its business scope includes fund raising, fund sales, asset management and other businesses permitted by China Securities Regulatory Commission. As of March 3, 201March 5, the total assets managed by the company reached 2146.23 million yuan, and 6 1 open-end funds and 10 national social security investment portfolios were managed.

Name: Penghua Fund Management Co. Ltd.

Registered address: 43rd floor, Shenzhen International Chamber of Commerce Center, No.3 Hua Fu Road 168, Futian District, Shenzhen.

Company category: limited liability company (Sino-foreign joint venture)

Legal Representative: He Ru

Business license number: 440301501121373.

Legal Person LicenseNo.: A007

Approval CertificateNo.: Foreign-invested enterprise: Shangwai Shenzi [2007] No.0259

Business scope: 1, fund raising 2, fund sales 3, asset management 4, other businesses licensed by China Securities Regulatory Commission.

Penghua honor

20 12

201212 In February, at the awarding ceremony of "201-2012 China Financial Excellence Award", Penghua Fund won the "Outstanding Risk Management Fund Company Award of the Year". This is the second time that Penghua Fund has won the title of "Excellent Enterprise in Risk Intelligence List" in Deloitte China Enterprise Risk Intelligence List and the authoritative award in risk control category.

20 12,65438 February, at the 13th Financial it Innovation Summit Forum and Award Ceremony of Excellent Financial Websites, Penghua Fund won two awards, namely "Best Financial IT Service Organization in China in 20 12" and "Best Online Trading Fund Platform in 2012", and it was also the only fund that won comprehensive awards.

20 12 In March, Penghua Fund won the "Golden Bull Fund Management Company of 201/kloc-0" in the "Golden Bull Award of China Fund Industry" sponsored by china securities journal, and Penghua Value Advantage Stock (LOF) Fund and Penghua Harvest Bond Fund won the "20 165438" respectively.

20 12 In March, Penghua Fund won the "201kloc-0/China Fund Industry Star Fund Award" sponsored by Securities Times. Penghua China 50 Hybrid Fund won the "Five-year Continuous Return Positive Hybrid Star Fund Award"; Penghua Putian's expected annualized expected return hybrid fund won the "three-year continuous return positive hybrid star fund award"; Penghua Value Advantage Stock (LOF) Fund won the "20 1 1 Stock Star Fund Award"; Penghua Harvest Bond Fund won the "20 1 1 Active Bond Star Fund Award".

20 1 1 year

20 1 1 In April, Penghua China 50 Fund won the "20 10 Five-year Winning Hybrid Taurus Fund" in china securities journal.

20 1 1 In March, Penghua China 50 Fund won the "Five-year Continuous Return Positive Hybrid Star Fund Award" issued by Securities Times.

20111/in October, Penghua Fund won the title of "Excellent Enterprise in Risk Intelligence List" in the first China Enterprise Risk Intelligence List, and Penghua Fund is the only listed company in the securities fund industry.

20 10 year

20 10 September, Penghua Fund's "Two 500 are equally wonderful" Penghua CSI 500 marketing example won the "Top Ten Marketing Examples of China Fund Brands" in China Financial Brand Forum.

20 10 In August, Penghua Fund won the award of "Shenzhen Business Card-a well-known financial brand that best represents the image of Shenzhen for 30 years".

20 10 August, Penghua Fund held a seminar on "Science and Technology Leading the Future" sponsored by Securities Times. The 11th Financial IT Innovation and Excellent Financial Website Selection won the "Top Ten IT Innovations of Financial Institutions in 20 10".

20 10 in may, penghua fund won the golden bull fund management company of 2009 in the China golden bull award jointly awarded by china securities journal lianyin galaxy securities, tianxiang investment, China merchants securities and Haitong securities. Penghua Harvest Bond Fund, Penghua Value Advantage Fund (LOF) and Penghua China 50 Hybrid Fund won the 2009 Open Bond Taurus Fund, the 2009 Open Stock Taurus Fund and the 2009 Hybrid Fund respectively.

20 10 April, in the 2009 "China Fund Industry Star Fund Award" sponsored by Securities Times and supported by Morningstar Information (Shenzhen) Co., Ltd., Penghua Fund won the "Top Ten Star Fund Companies in 2009" and Penghua Harvest Bond Fund won the "Active Bond Star Fund in 2009" award.

On March 20 10, penghua China 50 fund won the five-year flexible hybrid fund award of Lipper China fund award.

In 2009

In September 2009, Penghua Fund won the titles of "Most Respected Fund Company in 2009" and "Best Corporate Governance Fund Company in 2009" in the "2009 Most Respected Fund Company and the Second China Fund Industry Leaders Summit" hosted by Financial Weekly.

In July 2009, Penghua Fund won the "Best Customer Service Management Award in China" in the "Fourth China Best Customer Service Selection" sponsored by Securities Times.

In March 2009, Penghua's industry growth was rated as "all five stars" by Galaxy.

On June 5438+ 10, 2009, the 6th China Golden Bull Award was announced, and Penghua won the title of "Industry Leading Open Hybrid Fund in 2008" for its industry growth.

the year of 2008

From June, 5438 to February, 2008, the first China E-finance Golden Goblet Awards was announced, and Penghua Fund Pengyou E-home, an e-finance brand with satisfactory users, won the Best Customer Service Standard Award in China.

June 5438+October 2008 10, Penghua China 50 Fund won the "Three-year Sustained Return Star Fund Award" in the "2007 China Star Fund" selection activity of the Securities Times.

Development history

2013201365438+1On October 4th, Penghua Asset Management (Shenzhen) Co., Ltd., a wholly-owned subsidiary of Penghua Fund, was incorporated in Shenzhen Qianhai. 201220121kloc-0/2 With the approval of the China Insurance Regulatory Commission, Penghua Fund Management Co., Ltd. obtained the qualification of insurance fund investment manager. 201020101013. Penghua Fund Management Co., Ltd. Guangzhou Branch was incorporated in Guangzhou.

On April 2010/6, Penghua Fund Management Co., Ltd. Wuhan Branch was incorporated in Wuhan.

On August 6, 2009, with the approval of China Securities Regulatory Commission, the original shareholder of the company, Olesen Financial Group Co., Ltd. of Italy, transferred 49% of its shares to Olesen Capital Asset Management Co., Ltd.

On June 22, 2007, with the approval of China Securities Regulatory Commission, the original shareholders of the company, Shenzhen Beirongxin Investment Development Co., Ltd., Founder Securities Co., Ltd. and Anhui Guoyuan Trust and Investment Co., Ltd., transferred their shares accounting for 49% of the company's total share capital to EurozonFinancialGroups.P.A. On June 27th, the Ministry of Commerce of China issued the approval letter for foreign-invested enterprises to the company.

2002-2002 12 13 The National Social Security Fund Council officially issued the document "Notice on Issues Concerning the Evaluation of Investment Managers" (No.53 of the Social Security Fund Office [2002]), and Penghua Fund was identified as the first batch of investment managers of the National Social Security Fund.

65438+In May 2002, Shanghai Branch of Penghua Fund Management Co., Ltd. was incorporated in Shanghai.

On August 12, 2002, Penghua Fund Management Co., Ltd. Beijing Branch was incorporated in Beijing.

On September 26th, 200012001year, the registered capital of the company increased from 80 million yuan to150 million yuan.

1998199865438+On February 22nd, Penghua Fund Management Co., Ltd. was formally established with the approval of China Securities Regulatory Commission, with a registered capital of 80 million yuan.

Risk management implementation framework

Relying on the company's organizational structure, the company has formed a mature risk control responsibility system. The board of directors and management of the company promise to take the ultimate responsibility for the improvement of the company's risk control system and the overall operational risk control; The person in charge of each business department is responsible for controlling the business risks within the scope of management responsibilities; The risk control functional departments such as Inspector General, Supervision and Audit Department re-supervise on the basis of risk control of all business departments and employees, and assume corresponding risk control responsibilities within the determined functional scope. Finally, the company realized the "embedded" risk management mode, and the company's risk control measures were mainly implemented by all employees in the details of their respective business processes, and they assumed corresponding risk control responsibilities.

Risk management concept

After years of practice and summary, the company has formed the concept and method of internal control and risk management with the functions of supervision, control and standardization, in order to promote the company to continuously and effectively strengthen risk management in the ever-changing capital market environment and continuously improve the value created for investors, and define business policies, business processes, personnel and organizations, management reports, methods, systems and data as the basic six elements of internal control and risk management. Emphasis is placed on fully integrating the company's policies, processes, personnel, technology and knowledge, unifying and coordinating the three-level measurement indicators of companies, processes and individuals, fully understanding and utilizing the diversified influence effects of various risk categories, balancing risks and expected annualized expected returns, and ensuring the effective implementation of risk response measures.

The company regards system construction as the core of risk management, and the implementation and supervision of the system as the key to risk management. It tracks and uses advanced risk management techniques and methods as much as possible to provide reasonable guarantee for realizing organizational goals and safeguarding investors' interests.

Peng Hua believes that the process of total enterprise risk management is essentially a process of implementing education, building awareness, strengthening identity, finally dividing the scope of responsibility and forming employees' sense of responsibility. The company regards risk management as a continuous improvement activity, not a commitment to a single event, and emphasizes the continuous concern and continuous investment of all employees in risk management.

Investment and research team

Clear investment concept

Penghua Fund has been adhering to the investment philosophy of insisting on value investment and long-term investment, advocating fundamental stock selection, and is committed to discovering and investing in outstanding listed companies with growth potential through in-depth research, and sharing the development achievements of companies through long-term investment. Companies with undervalued investment value will get expected annualized income beyond expectations.

Systematic investment strategy

Penghua Fund believes that investment strategy is the implementation of investment ideas and a systematic method for screening investment opportunities. Although investment opportunities are different in different stages of economic development and different market conditions, their inherent methods of finding investment opportunities are unchanged.

Combination of top-down and bottom-up: portfolio allocation focuses on the global and domestic macroeconomic situation, and carries out top-down industry allocation according to the business cycle and policy influence of various departments and industries, so as to share economic growth and avoid the risk of industry decline. At the same time, in the selection of specific stocks in various industries, we adhere to our consistent investment philosophy. Listed companies pay equal attention to performance and growth, and choose specific investment stocks according to market position, valuation level and growth.

On the basis of balanced allocation, seek the expected annualized return that exceeds expectations: Penghua Fund believes that the effective way to provide the long-term expected annualized expected return of the portfolio is to reduce the volatility of the portfolio, so effective risk management is an important prerequisite for improving the long-term expected annualized expected return. Pay attention to the balanced allocation of various industries when building a portfolio to avoid the huge losses that may be caused by excessive exposure of a single risk factor. On the basis of balanced allocation, by adjusting the weight allocation of various industries and departments and the selection of specific varieties in the industry, the expected annualized income beyond expectations can be obtained.

Dynamic optimization of portfolio: in the process of market game, the directional convergence of institutional investors' investment structure adjustment has contributed to the long-term structural differentiation of the market. Penghua Fund tries its best to keep the dynamic optimization of its portfolio in order to obtain better risk expectation and annualized expected return characteristics of its portfolio. According to the continuous evolution of economic development, policy adjustment and system reform, it will switch between offensive and defensive strategies in portfolio allocation and shift between consumer goods, investment goods and raw materials in tactics.

Band Operation Based on Long-term Trend: Peng Hua believes that it is difficult for institutional investors to obtain satisfactory returns by grasping the short-term running trend of the market for a long time, so they attach importance to the judgment of the long-term running trend of the market and relatively ignore the short-term fluctuation of the market in portfolio operation. In the process of combined operation, the operation of increasing or decreasing positions will generally be maintained for a long time.

Perfect investment decision-making process

According to the experience of asset management, Penghua Fund has formed its own investment decision-making process, which embodies good risk control characteristics and efficient investment efficiency in investment operation.