Yongying Fund Management Co., Ltd. was established in November 2013, with legal person shareholders being Bank of Ningbo Co., Ltd. and Overseas-Chinese Banking Corporation Limited (OCBC), with a registered capital of 900 million yuan, of which Bank of Ningbo contributed 71.49% and OCBC contributed 28.51%. It is one of the 15 bank-affiliated public fund management companies in China. In 2014, the company established a wholly-owned subsidiary, Yongying Asset Management Co., Ltd., to engage in specific client asset management business. As of June 30, 2020, the net asset value of Yongying Fund excluding money market funds and short-term wealth management bond funds was 138.121 billion yuan (source: Galaxy Securities).
As a Sino-foreign joint venture fund management company with a high starting point and high standards, Yongying Fund has accumulated and consolidated the brand, experience, resources, and technical advantages of two major financial institutions. Its strong capital strength drives the company's business towards diversified development. Yongying Fund always adheres to the principle of "customer first" as its business foundation, taking compliance with laws, regulations, and regulatory provisions as the standard, and follows the concept of research-driven investment. Every major investment decision is based on sufficient research, striving to obtain long-term stable investment returns for investors while controlling risks.
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