Ant Financial holds 5 1% of the shares of Tian Hong Fund. Tian Hong Fund Management Co., Ltd. is a holding subsidiary of Ant Financial. In 20 13, Tian Hong Fund cooperated with Alipay to launch Yu 'ebao, and was the fund manager of Yu 'ebao. Except that Ant Financial holds 565,438+0% shares of Tian Hong Fund, Tianjin Trust, Zheng Jun Group and Wuhu Gaoxin hold 65,438+06.8%, 65,438+05.6% and 5.6% shares of Tian Hong Fund respectively, and the remaining 65,438+065,438+0% shares are made up of.