Hongcheng invests in the relationship between Zhang Tao and Fiona Fang.

Zhang Tao of Hongcheng Investment Management Co., Ltd. has no direct relationship with Fiona Fang.

Zhang Tao is the legal person of Hongcheng Investment Management Co., Ltd. Fiona Fang is the head and fund manager of the big consumption research team of the research department. They are responsible for different departments and responsibilities of Hongcheng Investment Management Co., Ltd. ..

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