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Is harvest fund a state-owned enterprise?
The company is not a state-owned enterprise.
Harvest fund is a Sino-foreign joint venture limited liability company, which is not a state-owned enterprise in essence, but only some investment shareholders have the background of state-owned enterprises. At present, Harvest's shareholders are CITIC Trust Co., Ltd., Lixin Investment Co., Ltd. and Deutsche Asset Management Company.
Harvest fund Management Co., Ltd. was established in March 1999 and is one of the first ten fund management companies in China. Adhering to the concept of "foresight and steady progress", harvest fund owns many businesses such as fund offering, special account investment, insurance investment, pension business and overseas investment.
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