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China Southern Asset Management published its 2019 CSR report

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China Southern Asset Management published its 2019 CSR report

June 11
07:30 2020

Recently China Southern Asset Management has published its 2019 CSR report, introducing its green finance and ESG investing situation.

Company Overview

On March 6th, 1998, China Southern Asset Management Co., Ltd. (“Southern Asset Management”) was officially established as one of the first domestic asset management companies approved and regulated by the China Securities Regulatory Commission (“CSRC”), which symbolizes the start of our nation’s “New Golden Era for Funds”.

Southern Asset Management has stood the tests of time throughout periodic shifts between bull and bear market in Chinese capital market. By showing stable and sustainable performances and providing improved and professional services, Southern Asset Management managed to continuously build the trust and recognition of a wide range of investors, including mutual fund investors, the National Council for Social Security Fund, corporate annuity clients and high-net-worth clients.

Southern Asset Management has grown into one of the industry leaders that boasts diverse range of products, comprehensive type of business activities, exceptional investment performance and a large scale of assets under management. As of March 31st, 2020, Southern Asset Management and its subsidiaries have a scale of combined assets under management (AUM) that totaled USD 160.8 billion.

Company  History

Timeline Events Approval by the CSRC
March 1998 EstablishmentRegistered capital:CNY 50 millionShareholders structure:

  • China Southern Securities Co., Ltd. (60%)
  • Xiamen International Trust Co., Ltd. (20%)
  • Guangxi Trust and Investment Co., Ltd. (20%)
CSRC [1998] No.4
November 2000 Shares TransformationShareholders structure:

  • China Southern Securities Co., Ltd. (60%)
  • Xiamen International Trust Co., Ltd. (20%)
  • Shaanxi International Trust Co., Ltd. (20%)
CSRC [2000] No.79
November 2000 Capital Increase and Shares expansionRegistered capital: CNY 100 millionShareholders structure:

  • China Southern Securities Co., Ltd. (30%)
  • Xiamen International Trust Co., Ltd. (10%)
  • Shaanxi International Trust Co., Ltd. (10%)
  • China Great Wall Securities Co., Ltd. (10%)
  • Haitong Securities Co., Ltd. (10%)
  • Industrial Securities Co., Ltd. (10%)
  • Huaxi Securities Co., Ltd. (10%)
  • Huatai Securities Co., Ltd. (10%)
CSRC [2000] No.78
March 2003 Shares TransformationShareholders structure:

  • China Southern Securities Co., Ltd. (30%)
  • Huatai Securities Co., Ltd. (30%)
  • Xiamen International Trust Co., Ltd. (10%)
  • Shaanxi International Trust Co., Ltd. (10%)
  • Industrial Securities Co., Ltd. (10%)
  • Huaxi Securities Co., Ltd. (10%)
CSRC [2003] No.32
September 2003 Shares TransformationShareholders structure:

  • Huatai Securities Co., Ltd. (45%)
  • Shenzhen Airport Co., Ltd. (30%)
  • Xiamen International Trust Co., Ltd. (15%)
  • Industrial Securities Co., Ltd. (10%)
CSRC [2003] No.106
December 2005 Capital IncreaseRegistered capital: CNY 150 millionShareholders structure:

  • Huatai Securities Co., Ltd. (45%)
  • Shenzhen Airport (Group) Co., Ltd. (30%)
  • Xiamen International Trust Co., Ltd. (15%)
  • Industrial Securities Co., Ltd. (10%)
CSRC [2005] No.201
August 2010 Shares TransformationShareholders structure:

  • Huatai Securities Co., Ltd. (45%)
  • Shenzhen Investment Holdings Co., Ltd.(30%)
  • Xiamen International Trust Co., Ltd. (15%)
  • Industrial Securities Co., Ltd. (10%)
CSRC permit [2010] No.1073
November 2014 Capital IncreaseRegistered capital: CNY 300 million  
November 2018 Restruct to be Co., Ltd.Registered capital: CNY 300 millionShare capital: of 300 million shares  
July 2019 ESOPRegistered capital: 361.72 million CSRC permit [2019] No.1361

Media Contact
Company Name: China Southern Asset Management
Contact Person: Si Chen
Email: Send Email
Country: China
Website: http://www.southernfund.com/en/