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Tangding Yaohua Granted Securities Investment Fund Sales Qualification Under Guidance of Dacheng

On March 3 2014, Beijing Tangding Yaohua Investment Consulting Co., Ltd. (hereinafter referred to as “Tangding Yaohua”) was granted securities investment fund sales qualification by CSRC Beijing Bureau, joining the rank of financial institutions with independent fund sales qualifications in China. This is one of a series of successes in which Dacheng attorneys assist a wide range of clients, including commercial banks, securities companies, securities investment consulting agencies and independent fund sales agencies, in acquiring such qualifications.

Tangding Yaohua was established in August 2013 with RMB20mln registered capital. Its shareholders and management team, with a strong background in finance and wealth management, are committed to building a top-notch fund sales agency in China, offering the best possible service and maximizing the clients’ interest. The company maintains broad cooperation with fund companies and renowned securities companies and, based on a thorough understanding of these companies’ analytical, research and investment management capabilities and assisted by a three-level risk control mechanism, selects investment products and devises comprehensive assets allocation plans for clients to preserve value and create added value for their assets.

The advisory work is undertaken by Dacheng’s attorneys from the headquarters and branch offices, including partners Liu Shijie, Cen Junjie, Zhu Kunjian and Xiang Wujun. At the same time, Tangding Yaohua will continue to work with Dacheng’s client—Datang Wealth Investment Management Co., Ltd.—to improve its service quality, create core competitiveness and help more high net worth individuals realize wealth management targets and plans. This will also further expand the depth and breadth of Dacheng’s services in relation to wealth management.

Securities investment fund sales qualifications are granted by CSRC to commercial banks, securities companies, securities investment consulting agencies and independent fund sales agencies for engaging in fund marketing and promotion, offering and sales of fund units and fund units subscription and redemption.