Learn About Tianhong Asset Management and Its Services

Tianhong Asset Management is a Chinese investment management company that offers a range of asset management services to its clients.

The company was founded in 2004 and is headquartered in Shanghai, China. Tianhong Asset Management has over 15 years of experience in the industry.

One of the key services offered by Tianhong Asset Management is its flagship product, Tianhong Yu'e Bao, which is a money market fund that allows individuals to invest in a diversified portfolio of high-quality assets.

Tianhong Asset Management has a strong focus on innovation and has developed a range of digital investment products and services to cater to the needs of its clients.

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Tianhong Asset Management is a leading Chinese asset management company. It was established in 2004.

The company is headquartered in Shanghai and has a significant presence in the Chinese financial market. Tianhong Asset Management has a strong team of experienced professionals.

Tianhong Asset Management offers a range of financial products and services, including mutual funds and wealth management services.

Tianhong Asset Management was set up on November 8, 2004.

The company had its fair share of changes in ownership, with the Alibaba Group acquiring a 51% stake in 2013 for 1.18 billion RMB from its original shareholders.

This acquisition made Tianhong a subsidiary of Ant Financial, an affiliate of Alibaba. However, a dispute arose between Ant Financial and Inner Mongolia Junzheng Energy & Chemical Group over the treatment of Tianhong's retained profits, which was later resolved in favor of Ant Financial in 2015.

Tianhong's partnership with Alipay led to the launch of Yu'e Bao, a financial product platform, in June 2013. This platform allowed Alipay customers to convert idle cash in their accounts into units of a money market fund, known as the Tianhong Yu’e Bao fund.

The popularity of the fund made Tianhong the largest asset management company in China, with over 588 million users contributing cash to it by 2019. This was a significant milestone, as it accounted for more than a third of China's population.

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In 2020, however, the company faced tighter regulation and growing competition, causing it to lose its title as the world's largest money market fund.

On September 9, 2023, Wang Dengfeng, the portfolio manager of the Yu’e Bao fund for over 10 years, resigned from his role. The fund would then be jointly managed by three portfolio managers.

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Our company was founded in 2010 by a team of passionate entrepreneurs who wanted to make a positive impact on the world. We're proud to have been in business for over a decade.

We're a privately-owned company, which allows us to make decisions quickly and focus on what matters most - our customers and employees. We're headquartered in a small town in the United States.

Our mission is to provide innovative solutions to real-world problems, and we're committed to delivering high-quality products and services that meet our customers' needs. We're dedicated to making a difference in our community and beyond.

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We're a team of over 50 employees, each with their own unique skills and expertise. We work together to achieve our goals and support each other every step of the way.

Our company culture is built on values of teamwork, integrity, and innovation. We believe in fostering a positive and inclusive work environment that encourages collaboration and creativity.

Our company has been making waves in the industry with some exciting developments. We've recently launched a new product line that's been well-received by customers.

The new product line has helped us increase our revenue by 25% in the past quarter. This growth is a testament to our team's hard work and dedication.

We've also been expanding our operations to new markets, with a focus on sustainability and social responsibility. Our commitment to these values has earned us a spot on the list of top 10 most environmentally friendly companies.

The company's founder, John Smith, has been instrumental in shaping our company culture and values. He's been with the company since its inception and has a deep understanding of our mission and goals.

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Our team has been working tirelessly to improve our processes and efficiency, resulting in a 30% reduction in production time. This has enabled us to meet the increasing demand for our products while maintaining high quality standards.

We're proud to say that our company has been recognized for its innovation and leadership in the industry, with several awards and accolades to our name.

Tianhong Asset Management has achieved significant financial performance. The company's assets under management (AUM) have grown rapidly, reaching 1.3 trillion yuan in 2020, up from 500 billion yuan in 2015.

This growth is a testament to the company's successful strategies and strong market presence. Tianhong's AUM has increased by over 160% in just five years, indicating a consistent and impressive performance.

The company's financial performance is also reflected in its revenue growth, which has increased by 25% annually from 2015 to 2020. This steady growth demonstrates the company's ability to adapt to changing market conditions and capitalize on new opportunities.

Tianhong's strong financial performance has enabled the company to maintain a high level of profitability, with a net profit margin of 30% in 2020. This is a significant achievement, especially considering the competitive nature of the asset management industry.

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