China Asset Management Association (hereinafter referred to as "China Foundation" or "AMAC" in English) was established on June 6, 20 12. It is a national non-profit social organization approved by the State Council and registered in the Ministry of Civil Affairs. Accept the business guidance, supervision and management of China Securities Regulatory Commission and the Ministry of Civil Affairs.

The main responsibilities of the China Foundation include:

1. Provide industry services: provide business training, policy consultation, information support and other services for members to promote the healthy development of the industry.

2. Maintaining industry order: formulating and implementing industry self-discipline rules, supervising the behavior of members, maintaining industry order and protecting the legitimate rights and interests of investors.

3. Strengthen industry self-discipline: establish industry self-discipline mechanism, promote industry credit construction and improve industry service level.

4. Play a bridge role: strengthen communication and coordination with the government, regulatory authorities, other industry associations and members, and provide a communication platform for members.

5. Promote industry development: conduct industry research, provide industry development suggestions, promote industry innovation and promote industry sustainable development.

The members of the China Foundation mainly include fund management companies, fund custodian banks, fund sales organizations and other institutions related to the fund industry. The association promotes the healthy development of the fund industry by formulating industry norms, organizing industry training and conducting industry research, and plays an active role in maintaining the stability of the capital market and protecting the interests of investors.