Tian Hong Fund Management Co., Ltd. was established on June 8, 2004 with a registered capital of110.80 billion yuan. The shareholders of the company are Tianjin Trust Co., Ltd. (holding 48%), Inner Mongolia Zheng Jun Energy and Chemical Co., Ltd. (holding 36%) and Wuhu Gaoxin (holding 16%). In 2008, the company won the most potential fund company award selected by Financial Weekly; In the same year, it was selected as the gold medal growth fund company in 2008 by Beijing Youth Daily. The company manages three funds: Tian Hong Select Hybrid Fund, Tian Hong Li Yong Bond Fund and Hotan Hongyongding Equity Fund, with total assets of over 7.5 billion.