Recently, the Asset Management Association of China (“AMAC”) has approved the application by Hangzhou Anhua Asset Management Co., Ltd. (“Anhua AMC”) for registration as privately-offered securities investment fund manager, on which Deputy Director of branch office and Senior Partner Zheng Liping and Senior Partner Liao Xiangzheng of ZhongYin (Hangzhou) issued legal opinions. Anhua AMC is now a privately-offered securities investment fund manager registered with AMAC, under the registration number P1070970.

Anhua AMC was established in January 2017 and is headquartered in Raffles City, Hangzhou. Its business scope is asset management and investment management for principals. Its main business is privately-offered securities investment fund management. The company's key management teams all have more than ten years of experience in banking, securities brokerage, privately-offered fund, and securities investment.

Zheng Liping has been focusing on privately-offered funds, capital markets, and resolution of major and difficult civil/commercial disputes for many years. She serves as a mediator of CCPIT/CCOIC and a member of M&A and Investment Committee of Hangzhou Lawyers Association. Liao Xiangzheng has been focusing on non-litigation practice and dispute resolution in the areas of privately-offered fund, investment and M&A for many years. He has handled a large number of cases of civil/commercial dispute and is good at resolving complex and difficult disputes. He serves as regular legal counsel to dozens of state-owned enterprises, listed companies, well-known enterprises, and individuals.