Tian Hong Fund is a fund management company established in China, which was established in June 2004 +065438+ 10. Its main shareholders include Ant Technology Group Co., Ltd., with a shareholding ratio of 5 1.0%. Tian Hong Fund is committed to building an all-round asset management company with customer first and steady operation, with professional investment management as its basic goal, and creating stable and reliable positive returns for customers. Tian Hong Fund cooperated with Alipay to launch Yu 'ebao, which is a money market fund and a common financial management tool for Alipay users. Yu 'ebao is characterized by no subscription fee and redemption fee, and its security is guaranteed. By the end of the second quarter of 2023, the asset management scale of Tian Hong Fund had reached1133.625 billion yuan, including Public Offering of Fund Management10701780 million yuan, and its * * * management operation 180 Public Offering of Fund. The characteristics and categories of risk and return of each fund are clear. The active equity investment research team of Tian Hong Fund has 32 people, with an average working life of more than 7 years, including 9 fund managers, with an average working life of more than 12 years. The fixed income business of Tian Hong Fund is mainly composed of fixed income department, mixed assets department, credit research department and macro research department.