Core Viewpoint - Sunshine Asset has been approved to establish a private securities fund management company, Sunshine Hengyi, with an initial investment of 10 million yuan, aiming to enhance its capital market participation and long-term investment capabilities [2][5]. Group 1: Company Establishment and Approval - The Financial Regulatory Bureau has granted approval for Sunshine Asset to fully establish Sunshine Hengyi Private Fund Management Co., Ltd. with its own funds of 10 million yuan [2]. - Sunshine Asset is a subsidiary of Sunshine Insurance, which plans to invest 20 billion yuan in the Sunshine Heyuan Private Securities Investment Fund, representing 100% of the fund's issuance [2][5]. Group 2: Fund Characteristics and Investment Strategy - The Sunshine Heyuan Fund is a pilot fund for long-term insurance capital investment, designed as a contractual open-end fund focused on equity investments, aiming for long-term asset preservation and appreciation while controlling risks [3][5]. - The investment scope includes stocks from the CSI 300 Index, Hang Seng Stock Connect Index, related index ETFs, and index funds, utilizing various investment methods such as continuous bidding and private placements [4]. Group 3: Industry Context and Other Approved Funds - Sunshine Hengyi is the fifth insurance-related private securities fund management company approved, following others like Honghu Zhiyuan and Taikang Asset [6][7]. - The total approved pilot amount for insurance capital investment through private securities funds has reached 222 billion yuan, with previous batches already fully invested or in progress [7].
又一险资系私募基金获批