E Fund Management () is a Chinese

asset management company An asset management company (AMC) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more ...

founded in 2001. It is considered the largest asset management company in China.

History

The company was established in April 17, 2001. The initial shareholders were GF Securities, Guangdong Yuecai Trust, Guangdong Securities (liquidated in 2005), Chongqing International Trust, Tianjin Trust and Northern International Trust. In 2004, the

Midea Group Midea Group () is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan, Guangdong and listed on Shenzhen Stock Exchange. As of 2021, the firm employs approximately 150,000 people in China and oversea ...

acquired the company's shares from Tianjin Trust and Northern International Trust and in 2005, increased its ownership to 25% after acquiring Guangdong Securities' stake. In 2007, the Midea group transferred its entire stake in the company to the Infore Group. He Jianfeng (son of Midea Group founder

He Xiangjian He Xiangjian (, born October 5, 1942) is the co-founder of Midea, one of China's largest appliance makers. In September 2021, his net worth was estimated to be $28.8 billion by ''Bloomberg Billionaires Index'', positioning him at the 51st plac ...

) is considered to be the owner of the Infore Group. In 2008, the company established a Hong Kong Subsidiary named

E Fund Management (Hong Kong) Co., Limited E Fund Management (Hong Kong) Co., Limited is a Hong Kong-based asset management company and a subsidiary of E Fund Management. As of 2015, it is licensed by the Securities and Futures Commission of Hong Kong and the U.S. Securities and Exchang ...

References

External links

Corporate website
{{Major asset management companies Financial services companies of China Financial services companies established in 2001 Investment management companies of China