Hai Dong Chen

Morgan Stanley Huaxin Fund Management Co. Ltd. (Morgan Stanley Huaxin Funds) is an independent Chinese fund management firm which was founded in 2003 as Jutian Fund Management Co. Ltd. through the joint venture of Morgan Stanley International Holdings, Inc. (34%), Huaxin Securities Co., Ltd. (36%), Hantang Securities Co., Ltd. (15%), China Merchants Finance Holdings Co., Ltd. (10%) and Shenzhen China Technology Industry Group Co., Ltd. (5%). In 2008, they were renamed Morgan Stanley Huaxin Fund Management Co. after Morgan Stanley became their largest shareholder. Headquartered in Shenzhen with additional offices in Beijing and Shanghai, Morgan Stanley Huaxin Funds provides asset management services and products for individual and institutional clients.

China Reform Securities Co. Ltd. (Invt Mgmt) (CRS-IM) is the investment management division of China Reform Securities Co. Ltd., which is ultimately held by government-owned China State-Owned Assets Supervision and Administration in China. The firm is headquartered in Beijing and was founded in 2007. CRS-IM provides investment advisory services to individual and institutional clients.