The next Regal Fund? There was also Chen Guangming's old partner who killed back the carbine

Big move!

There are also DongfangHong "old generals" partners who apply to establish a public fund.

On September 30, the CSRC released feedback on the application documents for the establishment of Quanguo Fund Management Co., Ltd. showed that Wang Guobin, former chairman of Dongfanghong Asset Management, and Ren Li, former general manager of Dongfanghong Asset Management, were among the applicants. This means that these two former "Oriental Reds" have joined hands to set up a public fund company.

Previously, Chen Guangming left Dongfanghong Asset Management to set up Ruiyuan Fund.

The Quanguo Fund is coming

Feedback on the application documents for the establishment of Quanguo Fund Management Co., Ltd. shows: "Wang Guobin, Ren Li, Jiang Heze, Li Yunliang, Shanghai Quanzhiqing Enterprise Management Center (limited partnership), Shanghai Quanzhiche Enterprise Management Center (limited partnership), Shanghai Quanzhicheng Enterprise Management Center (limited partnership), Shanghai Guozhixing Enterprise Management Center (limited partnership): I hereby submit feedback on your application to establish Quanguo Fund Management Co., Ltd. (hereinafter referred to as Quanguo Fund). ”

Feedback mainly includes the following:

First, supplement the provision of asset certification documents that match the amount of Wang Guobin's proposed capital contribution.

Second, supplementary provision of Wang Guobin issued a commitment to complete the capital contribution and withdrawal of the 6 equity management enterprises invested before the on-site inspection of the opening of the Quanguo Fund.

Third, supplement the explanation issued by the Golden Eagle Fund on the compliance of the subsidiary's business conducted during his tenure at the special account subsidiary and Li Yunliang's performance of his duties.

Fourth, supplementary submission to Shanghai Quanzhiqing Enterprise Management Center (Limited Partnership) and other four institutional shareholders in accordance with their own decision-making procedures to agree to contribute to the establishment of Quanguo Fund.

Fifth, supplementary submission of copies of wang Guobin and Jiang Heze securities investment legal knowledge examination pass certificate, as well as the appraisal opinion issued by Jiang Heze and Li Yunliang in the past 3 years.

Sixth, supplementary explanation of Wang Guobin's current position in other enterprises, and issue a commitment to resign from the position held concurrently in other operating institutions within 30 days from the date of approval of the Quanguo Fund.

A review found that the application for the Quanguo Fund and the rate of receiving feedback were very fast. On May 13, the CSRC received the materials for the company's application for establishment, corrected the materials on May 20, and received the first feedback on September 30.

Wang Guobin and Ren Li joined hands

According to the data, Wang Guobin was once one of the leaders of Dongfanghong Asset Management. He joined Orient Securities in 1998 and served as vice president of Orient Securities and chairman of Orient Red Asset Management, and after taking over the headquarters of asset management business, he launched the "Oriental Red" series of collective asset management plans.

In 2016, Wang Guobin left Dongfanghong Asset Management and ended his 18-year investment career in Orient Securities. Subsequently, Chen Guangming served as the chairman. Wang Guobin, who turned away, became the founder of Junhe Capital. According to the official website of the Asset Management Association, Junhe Capital is a private equity and venture capital fund manager, with a management scale of more than 10 billion yuan.

Ren Li was also one of the core figures of Dongfanghong Asset Management.

On August 20, the exchange website and the company's announcement showed that Ren Li, general manager of Shanghai Orient Securities Asset Management Co., Ltd. (hereinafter referred to as Dongfanghong Asset Management), left his post for personal reasons. After Ren Li leaves, the position of general manager will be taken over by Zhang Feng, deputy general manager and chief investment officer.

Before Ren Li's departure, Dongfanghong Asset Management announced a new upgrade to the brand system, focusing on "better investment experience" to help investors achieve what they see is what they get, and what they get as expected. At that time, the China Securities News reporter interviewed Ren Li, Ren Li said, "Looking back at the history of China's capital market for more than 30 years, we found that there are actually a large number of fund products with considerable long-term returns, but the vast majority of investors do not have such rich long-term returns." Chasing up and killing down, short holding periods, cognitive biases and behavioral biases brought about by human weaknesses are the core problems to be solved in the service work of the entire industry. ”

Ren Li said that she hopes that investors can achieve "what they see is what they get, and what they get as expected." Among them, the "expectation" is very important, that is, the expected return of investors. If the investor has irrational and excessive expectations, it will make him dissatisfied most of the time, and psychological dissatisfaction will lead to irrational investment behavior.

"Guiding investors to establish reasonable return expectations and correct cognitive and behavioral biases requires professional services. Professional services such as family-like intimate companionship can help customers establish a healthy, rational and long-term investment concept and reduce the loss of customers' income. Ren Li said.

After Ren Li left office, there were market rumors that she would join Wang Guobin.

In fact, before the Quanguo Fund, which attracted attention this time, ruiyuan fund was the place where these former "oriental reds" gathered.

Pan Xinjun, the chairman of Orient Securities, who left office last year, has decided to join the Ruiyuan Fund created by Chen Guangming as the chairman of the Shanghai Ruiyuan Public Welfare Foundation.

Before the establishment of Ruiyuan Fund, Chen Guangming served as the chairman of Orient Securities Asset Management. In 2018, after Chen Guangming left his post to establish Ruiyuan Fund, Pan Xinjun took over the position of chairman of Orient Securities Asset Management. In October 2020, Pan Xinjun left the post of chairman of Orient Securities and resigned from all positions held in the company.

In March this year, Rao Gang, deputy general manager of Dongfanghong Asset Management, also handled his resignation and officially joined Ruiyuan Fund in May. Three months after joining the company, Rao Gang began to prepare for the issuance of Ruiyuan's third public fund product.

This article originated from China Securities News