I spent most of the night answering questions for points. . My answer is original, absolutely the latest data~the only one~

Guangfa Fund has nothing to do with Guangfa Bank, but has a lot to do with Guangfa Securities.

Guangfa Fund was established by GF Securities in 2003 and is headquartered in Guangzhou. The registered capital is 120 million, and its subsidiaries currently include: GF Jufu, GF Steady Growth, GF Small Cap, GF Currency, GF Jufeng, GF Select, GF Large Cap, GF Core, GF Strong Debt, GF Jurui, GF CSI 300 One ***11 funds. The scale of management has increased rapidly in the past year, surpassing Dacheng in the total amount of open-end funds managed, ranking sixth, reaching 98.208 billion (June 30, 2009).

GF Securities is currently the largest shareholder of GF Fund, holding 48.33%. Four other companies hold the remaining shares, including Guangdong Technology Venture Capital Co., Ltd., Guangdong Kangmei Pharmaceutical Co., Ltd., Xiangjiang Investment Co., Ltd., and Fiberhome Communications Technology Co., Ltd.

The predecessor of GF Securities was the Securities Department of Guangdong Development Bank established on September 8, 1991. The company was established in 1993 and restructured into GF Securities Co., Ltd. in 2001. It is one of the first comprehensive securities firms in China. The company controls four subsidiaries, namely GF Fund Management Co., Ltd., GF Huafu Securities Co., Ltd., GF Northern Securities Brokerage Co., Ltd. and GF Futures Brokerage Co., Ltd., and holds shares in E Fund Management Company.