Why did fund companies transfer money to other companies in the past?
Improve the speed of capital turnover. In the past, fund companies transferred funds to other companies. In order to improve the speed of capital turnover, fund companies are securities investment fund management companies, providing securities business and other services. It is an enterprise legal person established in People's Republic of China (PRC) and engaged in the management of securities investment funds with the approval of China Securities Regulatory Commission. The board of directors of the company is the highest authority of the fund company.