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What is the level of China Rongtong Group?

The group is at the level of central enterprises.

China Rongtong Group is a large comprehensive state-owned enterprise group approved by the State Council, which belongs to the central enterprise management. As a central enterprise, China Rongtong Group plays an important role in the development of national economy.

China Rongtong Asset Management Group Co., Ltd. is a wholly state-owned commercial company directly managed by the central government, and SASAC of the State Council performs the responsibilities of investor. Rongtong Fund Management Co., Ltd. was established on May 22nd, 20001year, with its registered place in Shenzhen.