Zhejiang Foreland Investment Management Co., Ltd. (hereinafter referred to as “Zhejiang Foreland”) is a wholly-owned subsidiary of Foreland Wealth Management Co., Ltd. which is registered in Hangzhou with its registration capital of RMB 50,000,000. Zhejiang Foreland qualified as a private fund manager with the Asset Management Association of China on July, 2016, with a registration number of P1032547. As a private fund management platform devoted to addressing the needs of family clients when it comes to investment banks, it provides stable asset allocation services for customers via fixed-income products.

As a joint-venture company established by Foreland and a private equity platform of Zhejiang Houxin Asset Management Co., Ltd., Zhejiang Yuhua Investment Management Co., Ltd. (hereinafter referred to as “Zhejiang Yuhua”) qualified as private fund manager with the Asset Management Association of China on November 2017, registration number of P1065699. Zhejiang Yuhua, registered in Ningbo with registered capital of RMB 200,000,000, mainly provides active financing services via equity-based investment products.