Established in June 2005, SDIC UBS Fund Management Co., Ltd. is one of the first Sino-foreign joint venture fund management companies approved in China. It was co-founded by SDIC Capital Co., Ltd. (a subsidiary of the State Development & Investment Corp., Ltd. of China) and UBS Asset Management (a subsidiary of UBS AG). The company is dedicated to providing professional, high-quality investment products and services to both institutional and individual investors, focusing on long-term, value-based investment principles. Its business scope covers mutual fund establishment and management, segregated account management, and other services permitted by the China Securities Regulatory Commission (CSRC).