On March 18 this year, the Regulations on the Management of Foundations promulgated by the Ministry of Civil Affairs of China clearly gave a green light to charitable foundations that were still hovering before the threshold of "entering the market", encouraged public welfare funds to enter the capital market in a planned way, and gave tax support to the preservation, appreciation and operation of foundation funds!

Banks used to be the first choice for the foundation to deposit funds, but relying only on bank interest is enough to maintain daily operations. In order to ensure the safety of funds, charitable foundations mainly entrust investment through professional institutions, so now the major shareholders of many listed companies are charitable foundations. For example, Shanghai Charity Foundation is the seventh largest shareholder of Kangyuan Pharmaceutical.

Regarding the income of the entrusted investment institution: "If the foundation and the investment institution agree on a 6% return on investment, if it can reach 8%, the other 2% will be owned by them."

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