Penghua Fund belongs to ten established fund companies. The top ten fund management companies are the earliest Public Offering of Fund established in China, generally established in 1998 and 1999. They are Huaxia, Jiashi, Nanfang, Guo Fu, Bosera, Cathay Pacific, Changsheng, Huaan, Dacheng and Penghua (in no particular order).

Securities investment fund management company (fund company) refers to an enterprise legal person established in China with the approval of China Securities Regulatory Commission and engaged in securities investment fund management business.