Hubei fund industry in action

category:Finance
 Hubei fund industry in action


75 public offering, 88 private offering, etc

Accumulative donation of the institution is RMB 330 million

According to the incomplete statistics of China Securities Investment Fund Industry Association (hereinafter referred to as the association), as of 20:00 on January 30 this year, there were 75 public fund companies, 88 private fund managers, 6 private fund managers, 1 wholly foreign-owned private securities investment fund manager, 1 rqfii organization to Hubei charity Federation, Wuhan Charity Federation and Wuhan Red Cross Foundation , Shanghai Charity Federation and other charity organizations and related hospitals decide or realize the donation amount of 330 million yuan; private equity and venture capital fund management institutions guide and promote the investment of ecological chain institutions decide or realize the donation amount of 760 million yuan; through the way of donation of materials, the company has donated 20.9866 million masks, 1.917 million special medical materials to relevant charities and hospitals once There are 10 thousand surgical gowns, 154 thousand and 500 pairs of goggles, 515 thousand and 600 protective clothing, 15 negative pressure isolation ambulances, 15 disinfectant vehicles, 15 tons of disinfectants, 17 thousand and 700 disinfectant and disinfectant gels, 500 cases of disinfectant hand washing liquid, 2 tons of sodium hypochlorite and 2 tons of hydrogen peroxide, 20 thousand medicines for examination preparations, 20 thousand bottles of medical alcohol, interfering spray aerosol, interfering spray aerosol, air purifier, Taiwan testing equipment, etc. A large number of medical materials in short supply, such as 10000 pairs of medical gloves, 2000 pieces of portable mattresses, 2 million yuan worth of monitoring products, 27 million yuan worth of CT equipment, 44.7 million yuan worth of drugs and pharmaceutical preparations, are about 160 million yuan.

In addition, the Association recently released the initiative on donation of fund industry to key epidemic areas in Hubei Province, such as Wuhan. It proposed that fund industry institutions with ability, conditions and willingness should take active actions, give full play to the advantages of resources and platforms, consciously practice social responsibility, donate to key epidemic areas in Hubei Province, such as Wuhan, demonstrate the strong power of the fund, and fight to prevent and control the epidemic And make due contributions to the overall victory.

It is reported that in order to support the work of industry institutions in the epidemic area and improve the docking efficiency, China Securities Investment Fund Association, together with Hubei Securities Investment Fund Association, has strengthened communication and coordination with Hubei Province, Wuhan Municipal Peoples government and Hubei Charity Federation, further confirmed and unblocked the donation channels. After receiving the donations from the fund industry institutions, Hubei Charity Federation will, at the first time, include them into the scope of use required by the epidemic fighting work in Wuhan and other key epidemic areas in Hubei Province.

Implementation of epidemic prevention and control requirements

Public offering and emergency management plan

The prevention and control of the epidemic is in full swing, and the capital market is about to open. In order to seriously implement the requirements of epidemic prevention and control, and strive to maintain the smooth and orderly operation of capital market and fund business, each public offering company also makes emergency management plan for epidemic prevention and control, makes every effort to do its own epidemic prevention work, protect the rights and interests of investors, maintain the smooth operation of market and business, and do a good job in stabilizing and gatekeeper of capital market.

According to the statistical data of the association, as of 18:00 on January 31, 2020, the fund industry association has received emergency management plans on epidemic prevention and control from 133 public fund managers, and each company has made relevant preparations in terms of organizational mechanism, personnel management, site and system arrangement, investor rights and interests protection, business problem investigation, logistics support, etc.

In terms of organizational mechanism, since the outbreak of the new type of pneumonia, the company has been continuously and highly concerned about its development, and has established an emergency working group for epidemic prevention and control in a timely manner, most of which are senior managers of the company, and the heads of all departments are team members to coordinate the epidemic prevention and control of the company. The working group closely communicates and discusses the follow-up measures of epidemic prevention and control through email, wechat group, telephone conference and other ways every day.

In terms of personnel management, the company has developed a statistical table of employees, established a mechanism of epidemic collection and notification, and registered and updated the travel and health conditions of employees and their families every day. In order to ensure the normal operation of the companys businesses after the festival, determine the AB post arrangement of investment, risk control, trading, operation, it and other key positions, and ensure that there are personnel replacement in special circumstances; at the same time, according to the corresponding holiday arrangement, it is proposed to implement the on-site rotation arrangement during the holiday, except for some on-site personnel, the rest of the off-site personnel on duty will work remotely, so as to maximize the process Reduce the risk of personnel infection and prepare for the continuous operation of subsequent business.

In terms of site and system arrangement, laws and regulations clearly require the establishment of relevant backup systems to ensure the data security of the industry. In terms of office form, some companies backup each other through multiple different office places, some companies have multiple self built computer rooms, and important information technology systems can be accessed and backed up in multiple office places. On the premise of meeting regulatory requirements, the company also provides technical system support for remote office to ensure business continuity.

In terms of the protection of investors rights and interests, most companies have issued relevant suggestive announcements, suggesting that investors conduct trading activities through off-site means, and at the same time analyze the impact of the epidemic situation rationally and objectively, adhere to the concept of long-term investment and rational investment, and carry out investment activities in accordance with laws and regulations; in view of the business impact of the extension of the Spring Festival holiday, the company has also issued announcements and cooperated with sales agencies Form linkage. At the same time, the company also said it would further improve the communication and handling of investor complaints.

In terms of specific business, some companies have investigated possible problems and formulated corresponding plans according to product types, and some companies have sorted out and predicted problems for investment, sales, operation and other business lines, and formulated targeted emergency measures.

In order to do a good job in logistics support during the epidemic prevention and control period, most companies have formulated relevant measures on site disinfection, temperature measurement, mask supply, travel, catering and other aspects.

It is understood that China Securities Regulatory Commission has recently issued the notice on the prevention and control of pneumonia caused by new coronavirus. In order to maintain the smooth and orderly operation of the capital market and ensure the normal operation of production and operation activities and various services in the capital market, the managers of public funds resolutely implement the decision-making and deployment of the Party Central Committee and the State Council and the requirements of the notice of the China Securities Regulatory Commission, seriously and timely formulate the implementation plan, and strive to do a good job in the prevention and control of pneumonia caused by the new coronavirus infection.

Information management in the field of epidemic prevention and control

Provide green channel for product filing

In addition to public funds, in order to better play the role of private funds and other asset management institutions in fighting against the epidemic, on February 1, the Association issued the notice on relevant work arrangements of private fund registration and filing during the epidemic prevention and control period, which will establish a green channel for the filing of asset management products in the field of epidemic prevention and control.

The notice pointed out that in order to encourage more private fund managers to raise and set up more private funds to participate in the epidemic Resistance War, and better and faster invest in the medical equipment and vaccine drug production and research and development enterprises related to epidemic prevention and anti epidemic, from the date of the notice, the Association proposed the filing application for the private equity fund and venture capital fund of the medical and health category required to participate in the epidemic resistance Green channel for filing private fund products.

At the same time, since the issuance of the notice, the securities and futures business institutions shall set up private asset management products that meet the above requirements, and the above green channel for filing service shall be applied. The association provides green channel services for the funds raised are mainly used for epidemic prevention and control as well as for the filing of asset-backed securities products issued by financial institutions and enterprises in areas with severe epidemic.

In addition, in order to adapt to the current situation of private fund industry in special period and relieve the pressure of newly registered private fund managers to develop their business, from the date of issuance of the notice, the filing time limit of newly registered and registered private fund managers who have not yet filed the first product has been extended from 6 months to 12 months.

Considering the special situation of business operation of private fund managers during the epidemic prevention and control period, in order to ensure that private fund managers have sufficient time to implement the epidemic prevention and control requirements, and conduct business in a safe and orderly manner, the association also appropriately extended the time limit for submission and update of various information of private fund managers and their management of private fund.

The notice also shows that the association will continue to optimize the work arrangements related to the registration and filing reform of private funds. According to the association, first, the pilot project of separation system + spot check system for the registration of private fund products of the association will be officially launched on February 7, 2020; second, the first credit information report of private equity and venture capital fund managers will be officially launched on February 7, 2020, and will be pushed to the members of private equity and venture capital fund managers one-to-one through the ambers system; third, the private fund letter The investors directional disclosure function of the information disclosure backup system will be officially launched on February 14, 2020. In addition, the association has temporarily adjusted the arrangement of private fund related business consulting services. Since the issuance of the notice, the association has suspended the on-site consulting work of private fund related businesses, the hotline service, and the private fund business consulting mailbox and wechat consulting service as usual. Source: responsible editor of Securities Times: Ren Hui ufe63 nbj9607

The notice also shows that the association will continue to optimize the work arrangements related to the registration and filing reform of private funds. According to the association, first, the pilot project of separation system + spot check system for the registration of private fund products of the association will be officially launched on February 7, 2020; second, the first credit information report of private equity and venture capital fund managers will be officially launched on February 7, 2020, and will be pushed to the members of private equity and venture capital fund managers one-to-one through the ambers system; third, the private fund letter The investors directional disclosure function of the information disclosure backup system will be officially launched on February 14, 2020.

In addition, the association has temporarily adjusted the arrangement of private fund related business consulting services. Since the issuance of the notice, the association has suspended the on-site consulting work of private fund related businesses, the hotline service, and the private fund business consulting mailbox and wechat consulting service as usual.