valuation of southern military-industrial hybrid A (4224): type scale 1.7237 hybrid 3,937.3 million yuan 1.7%(221-12-8), income in recent March 7.6% and income in recent year 36.34%. On March 6, 1998, with the approval of China Securities Regulatory Commission, southern fund Management Co., Ltd. was formally established as the first batch of standardized fund management companies in China, which became the starting symbol of China's "new fund era". Southern fund is headquartered in Shenzhen with a registered capital of 3 million yuan. Shareholder structure: Huatai Securities Co., Ltd. (45%); Shenzhen Investment Holding Co., Ltd. (3%); Xiamen International Trust Co., Ltd. (15%); Industrial Securities Co., Ltd. (1%). At present, the company has branches in Beijing, Shanghai, Hefei, Chengdu and Shenzhen, and subsidiaries in Hong Kong and Shenzhen Qianhai-Southern Dongying Asset Management Co., Ltd. (Hong Kong subsidiary) and Southern Capital Management Co., Ltd. (Shenzhen subsidiary).

1. Among them, Southern Dongying is the first overseas branch approved by a domestic fund company. The company has a professional team with high quality and rich experience. There are 545 employees, more than 68% of whom have master's degree or above, and nearly 55% of whom have more than 5 years' experience in securities industry. Among them, the average experience of investment researchers in securities industry is 6 years, and 39% of them have overseas study or work experience. The company has experienced the long-term test of bull-bear alternation in China stock market for many times, and won the recognition and trust of fund investors, social security council, enterprise annuity customers and special account customers with its continuous excellent investment performance and perfect customer service. By the end of the third quarter of 216, the company managed assets of 635.5 billion yuan, ranking first in the industry.

2. It manages 17 Public Offering of Fund * *, and its products cover stock type, hybrid type, index type, capital preservation type, bond type, currency type, QDII and so on. Public Offering of Fund's asset management scale is 389.8 billion yuan, ranking fifth in the industry, with accumulated dividends of over 78.2 billion yuan to fund holders and nearly 24 million customers. The management scale of private equity business is 245.7 billion yuan, and it continues to maintain a leading position in the industry. Southern fund has developed into one of the fund management companies with the richest products, the most comprehensive business fields, excellent operating performance and the largest asset management scale in China.