刚刚备案，中国太保出手了！

Core Insights - Taibao Zhiyuan has completed the registration as a private fund manager, marking a significant step for China Taibao in participating in the long-term stock investment pilot program for insurance funds [2][6][7] - The company is wholly owned by Taiping Asset Management and has launched a private securities investment fund with a target size of 20 billion yuan [2][7] Company Information - Taibao Zhiyuan (Shanghai) Private Fund Management Co., Ltd. was established on May 21, 2025, and completed its registration on June 23, 2025 [3][4] - The registered capital of the company is 10 million yuan, with a paid-in capital ratio of 100% [4] - The company has 5 full-time employees and is classified as a domestic private securities investment fund manager [4][5] Management Team - The legal representative and general manager is Xiang Tao, who has extensive experience in investment and research roles within the industry [5][6] - The compliance and risk management head is He Jiacheng, who has been with Taiping Asset Management since 2017 [5][6] Industry Context - The long-term stock investment pilot program allows insurance companies to establish private securities funds primarily targeting the secondary market for stocks [7] - The total scale of the second batch of long-term stock investment pilot programs approved by the National Financial Regulatory Administration is 52 billion yuan, with Taibao Life Insurance allocated 20 billion yuan [7]