On 20 1 1 year, Cheng Baoliang left the China Merchants Fund, which he had struggled for nine years, and joined Shanghai International Group in the same year. On September 20 1 1, Shanghai Ruili investment fund was established and served as the chairman of Ruili investment fund. 2012121,Mr. cheng baoliang, as the head of Shanghai international global M&A fund, announced that Shanghai international group is preparing the first global M&A fund in China.