2nd batch of Qualified Domestic Limited Partner (QDLP) overseas investment pilot enterprises in the Hainan FTP listed

Post Reply
User avatar
TropicalHainan
Site Admin
Posts: 280
Joined: Tue May 18, 2021 5:36 am

2nd batch of hainan FTp Qualified Domestic Limited Partner (QDLP) listed.jpg

2nd batch of Qualified Domestic Limited Partner (QDLP) overseas investment pilot enterprises in the Hainan Free Trade Port listed.

August 16th, 2021, the Hainan Local Financial Supervision and Administration accepted application materials from enterprises for being listed in the 2nd batch of Qualified Domestic Limited Partner (or QDLP) overseas investment pilot enterprises in the Hainan Free Trade Port.

The Qualified Domestic Limited Partnership (QDLP) is a pilot program developed by Chinese government to allow foreign asset managers to raise RMB from wealthy and institutional investors in China for overseas investment.

Under the QDLP program, foreign asset managers can establish an investment entity in China as a general partner.

They can also set up a Qualified Domestic Investment Fund to feed into the master fund managed by an overseas management group. This pilot program requires the RMB Fund Enterprise to appoint a qualified commercial bank as a custodian bank, which will operate the business of RMB and foreign exchange settlement within the quota approved by the Hainan authorities.

Hainan reviewed and published the second batch of overseas investment qualified domestic limited partners (qdlp) in Hainan Province. The list of pilot projects (including controlling shareholders, actual controllers or tentative names) is as follows:

Equity investment

诺安资本管理有限公司 / Lion Capital Management Co., Ltd.

Website: https://www.lionfund.com.cn/en/index.jsp

Email: yangy@lionscapital.com.cn

Telephone: (+86) 028-83390058

Investor: Beijing Lion Enterprise Management Co., Ltd. Investment Organization: Lion Capital Business Scope: Asset Management ); Investment Management ; Investment Consulting;.

浦银国际投资管理有限公司 / SPDB International Investment Management Co., Ltd.

Website: No

Email: No

Telephone: No

北京厚生投资管理中心(有限合伙) / Beijing Housheng Investment Management Center (Limited Partnership)

Website: http://www.hosencapital.com/

Email: legal@hosencapital.com

Telephone: (+86) 010-51208208

西藏禹泽投资管理有限公司 Tibet Yuze Investment Management Co., Ltd.

Website: No

Email: 13599057958@139.com

Telephone: 0591-83858102

Tibet Yuze Investment Management Co., Ltd. was established on July 08, 2015. The legal representative is Zheng Zheng, the registered capital is 20 million yuan, and the unified social credit code is 9154009132132759X5.

The company business scope includes: investment management (excluding financial and brokerage business); equity investment management; asset management (excluding financial asset management and insurance asset management); Financial consulting (not to be engaged in bookkeeping), business consulting, and corporate management consulting, for projects that are subject to approval in accordance with the law, the project can only be operated after being approved by the relevant departments.

海南天堃私募股权投资基金管理有限公司 / Hainan Tiankun Private Equity Investment Fund Management Co., Ltd.

Website: No

Email: No

Telephone: (+86)

Hainan Tiankun Private Equity Investment Fund Management Co., Ltd. was established on January 20, 2021.

The legal representative is Yuan Jian, the registered capital is 10 million yuan, and the unified social credit code is 91460000MA5TUK9H71.

The company address is located in Jiangdong New District, Haikou City, Hainan Province No. 63-1, Qiongshan Avenue, Hefeng Homeland Relocation Headquarters-86, the industry belongs to the capital market service.

The business scope includes: general projects: private equity investment fund management, venture capital fund management services (must be in the China Securities Investment Fund Association Business activities can only be carried out after completing the registration and filing) (except for licensed businesses, they can independently operate projects that are not prohibited or restricted by laws and regulations in accordance with the law).

景泰创业投资私募基金管理(海南)合伙企业(有限合伙)/ Jingtai Venture Capital Private Equity Fund Management (Hainan) Partnership Enterprise (Limited Partnership)

Website: No

Email: No

Telephone: No

Relocation Headquarters, No. 63-1, Qiongshan Avenue, Jiangdong New District, Haikou City, Hainan Province -269, Hefeng Homeland, Meilan District, Haikou City

Executive Partner: Shenzhen Jingtai Lifeng Investment Development Co., Ltd.

合盛元(海南)私募基金管理有限公司 / Heshengyuan (Hainan) Private Equity Fund Management Co., Ltd.

Website: No

Email: zhouli01@shandagames.com

Telephone: 021-50504740

Non-equity investment

瑞士联合资产管理亚洲有限公司 Swiss United Asset Management Asia Co., Ltd.

Website: No

Email: No

Telephone: No

冠通北纬资产管理(北京)有限公司 / Guantong North Latitude Asset Management (Beijing) Co., Ltd.

Website: http://www.gtfutures.com.cn/

Email: LWZQUQU@163.COM

Telephone: (+86) 010-62638590

Guantong North Latitude Asset Management (Beijing) Co., Ltd. was established on May 15, 2007, the legal representative is Qu Xiurong, the registered capital is 20 million yuan, the unified social credit code is 91110108662173779D, and the company address is located in Zhichun, Haidian District, Beijing 1210, 12th Floor, No. 111 Road,

The industry belongs to the business service industry, and the business scope includes: investment management. ("1. It is not allowed to raise funds in public without the approval of relevant departments; 2. It is not allowed to openly conduct securities products and financial derivatives trading activities; 3. It is not allowed to issue loans; 4. Guarantee; 5. Don’t promise investors that the investment capital will not be lost or promise the lowest return”; the enterprise chooses its own business projects according to law and carries out business activities; projects subject to approval according to law shall be operated in accordance with the approved content after approval by relevant departments Activities; it is not allowed to engage in business activities that are prohibited and restricted by the city’s industrial policies.).

复星资产管理有限公司 / Fosun Asset Management Co., Ltd.

Website: No

Email: No

Telephone: No

Company Number: 1933831

浙江玉皇山南投资管理有限公司 / Zhejiang Yuhuang Shannan Investment Management Co., Ltd.

Website: http://www.ohfi.com.cn

Email: fuduo@ohfi.com.cn

Telephone: (+86) 0571-81591285

Zhejiang Yuhuang Shannan Hedge Fund Investment Management Co., Ltd. was registered and established in Zhejiang Administration for Industry and Commerce on October 22, 2014, with a paid-in capital of 100 million yuan. The company's affiliates Dunhe Asset Management, Yongan Futures, and Silicon Valley Paradise are all industry leaders. The company focuses on incubation investment and strategic cooperation in the field of hedge funds.

上海佳期投资管理有限公司 / Shanghai Jiaqi Investment Management Co., Ltd.

Website: http://www.jqinvestments.com

Email: schen@jqinvestments.com

Telephone: (+86) 021-61620400

Shanghai Jiaqi Investment Management Co., Ltd. was established on November 28, 2014. The legal representative is Ji Qiang, the registered capital is 50 million yuan, and the unified social credit code is 91440400324820937J.

The company address is located in Lingang, China (Shanghai) Pilot Free Trade Zone Room 3721, Building 2, Lane 1800, Xinyang Road, New Area, belongs to the business service industry, and its business scope includes: general projects: investment management, asset management. (Except for items subject to approval in accordance with the law, the business license shall be used to carry out business activities independently in accordance with the law).

Pinpoint Asset Management (Singapore) Pte. Ltd

Website: www.pinpointfund.com

Email:

Telephone: +852 31922328

1 WALLICH STREET #24-05 GUOCO TOWER 078881

What is a qdlp?

Qualified domestic limited partner (qdlp) refers to the pilot fund management enterprises that have passed the qualification examination and obtained a quota, which can raise funds from domestic qualified investors and set up pilot funds to invest in overseas primary and secondary markets.

What are the applicable objects?

Qdlp enterprises are divided into pilot fund management enterprises and pilot funds. Qualified new fund management enterprises and existing fund management enterprises can apply for pilot qualification.

What are the main contents and highlights?

There are 11 chapters and 54 articles in the Interim Measures for qdlp.

The main contents include the interpretation of relevant definitions, responsibilities of relevant pilot units, access conditions and business scope of relevant market entities, establishment of pilot fund management enterprises and procedures of pilot quota application, access conditions and business responsibilities of custodians, process for foreign exchange purchase and foreign investment of enterprises, etc.

The administrative personnel's access conditions and business responsibilities, enterprise quota management, information disclosure requirements, supervision and management requirements, ownership of interpretation rights and implementation date, etc.

The main highlights include:

First, the threshold is low: It is required that the registered capital of the pilot fund management enterprise shall not be less than RMB 5 million or equivalent in foreign currency. Any entity among the controlling shareholder, actual controller or executive partner of the pilot fund management enterprise or the related entity of any of the above entities has not been severely punished by the local regulatory authority in the past year.

The second is investment is wide ranging: the scope of overseas investment by pilot funds includes: equity and bonds of overseas non-listed companies, stocks and bonds non-publicly issued and traded by overseas listed companies, overseas securities markets (including financial instruments traded in overseas securities markets, etc.), overseas equity investment funds and securities investment funds, overseas commodities and financial derivatives, etc.

The third is unrestricted: on the premise that the total amount of QDLP in Hainan Province is not exceeded, the quota application of a single pilot fund management company and the investment quota of a single project are unlimited. The relevant pilot units will determine the approved pilot quota according to the actual needs of the project.

The fourth is more flexible: QDLP pilot companies implement balance management for foreign investment quotas, and pilot fund management companies can initiate the establishment of multiple pilot funds, and can flexibly adjust the foreign investment quotas of a single pilot fund among the funds established by them. The sum of the foreign investment quota of a single pilot fund shall not exceed the foreign investment quota of the pilot fund management enterprise approved by the relevant pilot unit.
Post Reply