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Changxin Fund Management Co. Ltd.

By Fund China
Published: 15:54, July 6th, 2007

Compiler: http://www.fundcn.org

Changxin Fund Management Co. Ltd. , Changjiang Securities Co. Ltd. , on the Haixin (Group) Co., Ltd., Wuhan Iron and Steel Corporation co-sponsored the establishment, on April 28, 2003 by the China Securities Regulatory Commission approved the establishment. Registered capital of 100 million yuan, the company’s operating areas including the launching of the establishment of the Fund. Fund management business and the China Securities Regulatory Commission for approval in other business.

Currently Changxin Fund under which there are four open-end securities investment funds.

Changxin Interest Income Fund (Money Market Fund),which was established in March 19, 2004. The inception of the Fund is working well. 2005 achieved 1.95% annual rate of return, the Morning Star fund rankings in terms of similar funds in ninth place, the “Value” magazine elected in 2005 fluctuations smallest and the most suitable one of the investment funds. January 2007 Changxin fund interest income in 2006 was rated the most cattle money market funds.

Changxin bank rates Featured Fund (equity funds), which was established in January 17, 2005. First scale 1.18 billion. 06 in the second half of a large Ling Zhang prices, and big profits. 2006 net growth of 120.56%; Changxin bank interest rates since the founding of the selected investors cash dividend of 10 per cumulative 11.3 yuan; Since 2007, deadline May 28, according to China Galaxy Securities open-end fund net dynamic performance monitoring data Since the beginning of this year the growth rate of net 113 Equity Fund was ranked No. 20 (net growth since the beginning of this year : 76.66%). Meanwhile, the interest rate banks Changxin Selections sound performance of the Galaxy was rated five-star funds, Securities Times, 6 Star Fund.

Changxin Jinli trend Fund (equity funds), which was established in April 30, 2006. First size 613 million, after the establishment of the Fund significantly increased performance. The inception of the Fund, set up in the same period of more than 30 funds, performance has always ranked forefront Since the founding of the net compound growth rate of 145.33% (as at May 17, 2007 wind information) ; By May 28, 2007, the 113-stock funds, Since the beginning of this year net growth of 93.62% in terms of section 3 (Galaxy rankings).

Changxin Zengli Dynamic Strategy Fund (Equity Fund), which was established in November 9, 2006. First size 583 million, the Fund on November 9, 2006 the establishment of closed period will achieve three times dividends closed session to create the fastest and most numerous dividends records; Since the founding of the short half year break time accumulated net worth of two yuan, the establishment of the net to become the fastest exceed 2 billion fund, as at May 17, 2007. Since the founding of the net compound growth rate of 115.19% (wind information); By May 28, 2007, the Fund at 113 Equity Fund, Since the founding of the net growth rate ranked No. 9 this year, the net growth rate of 87.83% (Galaxy rankings).

Fund management companies alone Fund ranked in the forefront of the market is a normal thing, Fund management in a large number of cases, there is always a certain funds performed better relative performance. Changxin fund under all funds, including all equity funds and money market funds from the National Day last year and have been ranked in the forefront of the market. and the stability of the former 20% percentile, the fund industry is unique.

The four years since Changxin fund — have an ambitious dream, with a strong sense of initiative and the spirit of exploration industry as a gradually rising stars, the new generation of fund companies as examples. “Sincere, serious and responsible” corporate culture of promotion, the first letter entered into a profitable state of a new fund company. With funds under the overall outstanding performance, Galaxy Securities published in the “2006 fund management company stock investment management capabilities Comprehensive Assessment Report”, Changxin fund to posture dark horse among the first seven, entered into before 10 of the only four-invested fund management companies.

Introduction Shareholders

Changjiang Securities Co. Ltd., founded in 1991, is headquartered in Wuhan, the existing registered capital of 2 billion yuan. Through 16 years of development, has become a fully owned domestic securities business qualifications, business outlets throughout the country, for nearly 1 million customers with service innovation pilot securities company. Companies for four consecutive years was rated triple-credit enterprises were repeatedly State Administration for Industry and Commerce as a “heavy contract honored “enterprises. December 1, 2004, through the China Securities Association accreditation become the country’s first batch of eight innovative pilot one of the brokerage firms. January 14, 2005, commissioned by the China Securities Regulatory Commission, the company Mirs custodian of the original securities brokerage business, create an innovative pilot brokerages involved in the disposition risks brokerages precedent. 2006, the “second (2005) Top 10 influential brand” Community selection, companies, “the China Securities industry influence Brand X” title. 2007, in the 21st century China Securities Innovation Summit Forum on “Chinese brokerages Award” Kanu, companies “in 2006 most of the brokerage firms Development Award.” The company has completed initial securities Holdings, the structure, which owns the Yangtze securities underwriting sponsors Limited, Changxin Fund Management Limited, Yangtze futures brokers Nuodeji Limited and the Management Limited (with the United States Lord ABBETT fund management companies Secretary joint venture).

Shanghai Haixin Group Company Limited, Shanghai Stock Exchange A and B shares listed companies (600,851, 900917), on samples of 180 Index stocks. Haixingubin is the biggest in Asia and one of the giant animal production, is a production operator woolen products, to the pharmaceutical industry and the financial sector and develop a comprehensive enterprise groups. As of the end of 2006, Haixin total assets of about 3.9 billion yuan, net assets of about 2 billion yuan.

Wuhan Iron and Steel Co. Ltd., Shanghai Stock Exchange A-share listed companies (600,005), 180 samples shares index, on the evidence samples 50 index stocks, domestic founded in 1952 and large enterprise Listed second largest steel company, Shanghai and Shenzhen stock markets one of the top 10 listed companies, with total assets of about 370 billion yuan, net assets of about 20 billion yuan.

Website: http://www.cxfund.com.cn

Copyright Fund China 2008.

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