|Structure of Shareholder
The registered capital of HFT Investment is RMB 150 million RMB. HFT
Investment is 51% owned by Haitong Securities Co., Ltd. The other
49% is owned by BNP Paribas Investment Partners BE Holding, which is
the result of a lift of the stake from its original 33% to 49% in
December 2005. Both partners are recognized for their respective
strengths, experience, and presence in domestic and international
Haitong Securities Co., Ltd. (¡°Haitong Securities¡± or ¡°Haitong¡±) was
founded in 1988 as one of the earliest securities companies in
mainland China. Haitong was transformed to a limited liability
company in 1994 and gradually developed itself into a national
securities firm. Haitong Securities is deemed to be one of the
finest and most successful firms in domestic securities industry.
On June 7, 2007, Haitong Securities gained approval from CSRC for
its back-door listing through Urban Agro-Business (600837.CH), and
was officially listed on July 31 with the new registered capital of
BNP Paribas Investment Partners BE Holding (BNPP IP BE Holding)
BNPP IP BE Holding (originally named Fortis Investments£©is the
fully-owned subsidiary of BNP Paribas Investment Partners (BNPP IP).
The alteration procedure of foreign party¡¯s name now is on progress.
BNPP IP is the dedicated, autonomous asset management business line
of the BNP Paribas Group. BNPP IP offers a full range of investment
management services to institutional and retail clients around the
world. Central to the way it works is the concept of partnership ¨C
both in terms of how it behaves as a family of companies and the
relationships with clients. BNPP IP now has 60 investment centres,
each responsible for the management of a specific asset class or
type of product, and over 800 investment professionals. With total
assets under management of EUR 546 billion as of 31 December 2010,
BNPP IP is the fifth-largest asset manager in Europe and the
thirteenth-largest in the world.