On May 14, Ye Fan, head of the asset business and managing director of JD Finance visited TTGG, and the two parties conducted an in-depth discussion about fund business cooperation. TTGG’s President Zhang Sheng, Managing Partner Cai Xiaofei, Senior Partner Wang Wei, Fund Product Director Yuan Weilin, and Fund Second Deputy Manager of Handzhou He Yichao attended the meeting. President Zhang expressed warm welcome to JD Finance on behalf of the company.
At the meeting, TTGG made a thorough review and exchanges of the relevant funds that have been invested with JD Finance, and patiently responded to every question. It was from 2017 that JD Finance launched the first fund cooperation with TTGG, which opened a bridge of cooperation of the two companies. There has been multiple fund cooperation nowadays, expanding the breadth and depth of cooperation.
The epidemic of COVID-19 becomes the most serious global crisis since World War II. Although China has been effectively controlled, it has spread rapidly around the world, making the risk of global economic downside higher. However, danger means opportunity.
Private placement known as the 'transfusion channel' outside IPO, is an important finance channel for listed companies. TTGG believes that the capital market of China is ushering in new opportunities for supply-side reform of the private placement. New regulations for refinancing were introduced in February this year. Two months later, 344 additional plans of private placement have been issued, making an increase of 30.3%. At the same time, the Chinese market has withstood this epidemic test, showing a strong social governance capability. Over the past 40 years of reform and opening，China has gradually established a complete modern industrial system and a multi-layered capital market system. It has unlimited potential and vitality in the future，becoming the chase object of global long-term capital. The allocation of A-share equity assets is of great appeal and the private placement will usher in a configuration window of at least 2-3 years.
Ye Fan expressed a high recognition of TTGG’s investment philosophy of 'value creation, incremental sharing', professional and standardized asset management capabilities, and excellent investment performance. As one of the most experienced private placement investment institutions in the A-share market, TTGG has been gone through it for 13years, and was once awarded the “ Top5 of the Best Private Placement Investment Institution in China” and the “Top 10 of the Best M&A Investment Institution in China”. In the future, the two sides will further strengthen cooperation and make full use of advantages, thus providing more professional asset allocation services for high-net-worth people.