Collective asset management plan: as the name implies, it is a collection of customer assets and is managed by professional investors (brokers/fund subsidiaries). It is an innovative financial service product developed by a securities company/fund subsidiary for high-end customers, and it is an asset invested in equity or fixed-income investment products agreed in the product.

The main contents include: collective asset management business is a value-added wealth management service provided by securities companies approved for innovation pilot. The collective asset management plan shall be promoted to qualified investors, and the cumulative number of qualified investors shall not exceed 200. Only innovative securities companies are qualified to carry out this business. Innovative securities companies require the net capital of comprehensive brokers to be above 800 million yuan, and the net capital of economic brokers to be above 1 100 million yuan. Only after passing the examination and approval can they be qualified to engage in various innovative activities.

Tips: The above contents are for reference only.

Reply time: 2022-0 1- 14. Please refer to the latest business changes announced by Ping An Bank in official website.