There are currently 128 fund companies in China. Since 1998, the fund industry in China has developed for 22 years. With the ups and downs of the market, the fund industry has maintained rapid growth, especially in the last two years, with the improvement of living standards, the investment demand of residents is also increasing, and the scale of China's fund market is also growing.

While the fund market is growing steadily and rapidly, the number of fund companies is also increasing. By 20021year, there were 28 fund management companies in China, including 44 Sino-foreign joint venture fund companies and 84 wholly-owned domestic fund companies. Among the 123 fund companies, there are 65 securities companies or asset management subsidiaries of securities companies that have obtained Public Offering of Fund management qualifications.