In 1998, the first batch of domestic companies were established, and after that, the first industry began to develop rapidly. With the development of the domestic economy, after 25 years, as of December 31, 2023, there are 157 managers in the industry that have obtained public offering qualifications, with a total scale of more than 27 trillion yuan. In the development process of the public offering industry, the service ability of the first manager has been continuously improved, and the public offering product has become one of the important choices for domestic investors to manage their finances.
2023 is the 25th year of the establishment of the public offering industry, which has grown from scratch, from small to large, from supporting the real economy to serving investors, and has become the backbone of inclusive finance. From 1998 to the present, many first-class managers have been deeply cultivating the capital market and have become important participants and builders of the capital market. Many managers have contributed to social welfare undertakings by setting up public welfare associations, carrying out public welfare activities, and donating money.
**Managers practice inclusive finance, and charity meetings and special projects are the two major starting points
In 1998, the first batch of domestic ** companies were established, and 25 years later, by the end of 2023, the number of domestic public offering ** managers has reached 157, the number of public ** has reached 11,485, and the scale of public offering ** has reached 27,454$1.8 billion.
With the continuous development of the industry and the continuous expansion of the scale, the inclusiveness of public offering is becoming increasingly prominent, and its role in serving the wealth of residents is also increasing.
The boat is big, and the horse gallops away. In recent years, more and more managers have continued to increase their investment in public welfare and charity in multiple dimensions, focusing on education, medical care, poverty alleviation, disaster relief and other fields, carrying out charity and public welfare actions from various aspects and practicing social responsibility.
According to the "Social Responsibility Report of the Public Offering Industry (2023)" released by the ** Industry Association on December 19, 2023, the establishment of charity ** associations and special ** are the two main ways for ** managers to manage and operate charity and public welfare undertakings.
According to the data of the Social Responsibility Report of the Public Offering Industry (2023), as of the end of 2022, among the 142 ** managers surveyed, 17 ** managers have set up special charity associations, and 14 have set up special ** for the management and operation of charity and public welfare undertakings.
As of the end of 2022, 17 charity associations have donated a total of 58.3 billion yuan, donated 2 in the past three years8.4 billion yuan;14 special projects for the management and operation of charity and public welfare undertakings** have donated a total of 07.1 billion yuan, 01.7 billion yuan.
In addition to the establishment of charity associations or special charities, some public fundraising managers also directly donate to public welfare activities. In 2022 alone, the total amount of donations made by **managers through public welfare charities**, special projects** and direct donations has exceeded 14.7 billion yuan.
It is worth noting that in order to better practice social responsibility, many managers have formulated relevant systems for public welfare and charity to ensure the effective operation of the association or special project.
According to the "Social Responsibility Report of the Public Offering Industry (2023)", among the 142 ** managers surveyed, 67 ** managers indicated that they have established public welfare and charity-related systems. On the one hand, the establishment of a complete public welfare and charity-related system by the manager can ensure the effective operation of the meeting or special project at the institutional level, which is conducive to the manager to enhance the professionalism and execution of the staffOn the other hand, this is conducive to promoting the formation of a sustainable, systematic and professional public welfare development model.
In terms of maintaining and increasing the value of charitable assets, the Interim Measures for the Administration of Investment Activities of Charitable Organizations to Maintain and Increase Their Value, which came into effect on January 1, 2019, further regulate the investment activities of charitable organizations at the institutional level. The "Interim Measures for the Administration of Investment Activities of Charitable Organizations to Maintain and Increase the Value of Charitable Organizations" stipulates that charitable organizations are allowed to entrust their assets to professional investment institutions such as managers for investment, which has played a guiding role in the use and management of charitable funds in the industry, and is conducive to promoting the sustainable development of public welfare and charity.
Actively respond to the advocacy of charity and public welfare, and practice social responsibility in various aspects and perspectives
Over the past 25 years, the public offering industry has achieved sustained, stable and healthy development, and the public offering industry has become one of the important forces to promote domestic economic development.
In the context of the gradual development of the practice of social responsibility, as an important part of the financial market, the public offering industry has assumed more and more social responsibilities.
The report of the 20th National Congress of the Communist Party of China proposed to "guide and support enterprises, social organizations and individuals who are willing and able to actively participate in public welfare and charity", which pointed out the direction of progress and provided fundamental guidance for domestic public welfare and charity. The advocacy of public welfare and charity in the report of the 20th National Congress of the Communist Party of China has also received a positive response from the industry.
In recent years, the manager has continued to increase its investment in public welfare and charity in multiple dimensions, and has begun to practice public welfare and charity from multiple perspectives and perspectives.
According to the "Social Responsibility Report of the Public Offering Industry (2023)", from the content point of view, rural development, education revitalization, medical health, helping farmers increase income, caring for the elderly and widows, deepening love and assistance, and improving welfare are all ways for managers to carry out public welfare and charity.
In addition, some managers also give full play to their professional advantages, integrate resources from all walks of life, and establish various public welfare charity associations and special projects to promote the professional operation of public welfare and charity from their own professional perspective.
In 2023, the Guangdong E Fund Public Welfare Association, which was established in 2007, donated to the Education Development Association of Guangdong Pharmaceutical University, Guangzhou University of Traditional Chinese Medicine, Shaoguan University, and Guangzhou Health Vocational and Technical College to support the Guangdong Province Order-oriented Training of Medical College StudentsDonated to the Red Cross Society of Luhe County, which was specially used for the training project of grassroots rural doctors in Luhe CountyDonated to the Red Cross Society of Fengkai County, which was specially used for the special construction project of the Second People's Hospital of FengkaiDonated to the First Affiliated Hospital of Sun Yat-sen University, which was specially used to support the hospital to carry out activities such as primary medical assistance and free clinics.
In addition to medical and health projects, Guangdong E Fund Charity Association will also support education and grassroots social work in many places in Guangdong Province in 2023.
It is worth noting that since its establishment, Hongde and other managers have taken the initiative to shoulder social responsibilities, firmly implement the concept of "responsibility", constantly improve the social welfare program, and enhance internal cohesion by taking the lead of the company's senior management, mobilizing full participation, and cultivating a sense of responsibility, so as to better fulfill their social responsibilities, base themselves on the society, and give back to the society.
Founded in 2015, Hongde** has launched its charity project at the beginning of its establishment. From September 2015 to April 2016, Hongde continued to launch initiatives to the company's employees and the public, donating winter clothes and stationery to poor students in Ali area. From 2017 to 2023, Hongde has visited 315 families in 114 villages in Lhasa, Nagqu, Shigatse and other regions, sending warmth to more than 1,000 Tibetan compatriots.
In August 2023, Hongde visited the site for the seventh time and sent a lot of warmth to the children in the children's welfare home.
This time in Tibet, Hongde donated to the Children's Welfare Institute, mainly to provide education and training, inspirational encouragement funds and other education-related funding for the orphans of the orphanage, so as to help the children build a more warm home, enhance their sense of belonging, and enhance their ability to live independently, so that they can better adapt to and go to society in the future.
In addition to donating to education, medical and health projects, and orphans, some managers also carry out public welfare and charity by supporting rural education and animal husbandry projects.
Founded in 2011, the Southern Charity Association launched the "Walk with Love Children" program in 2011, focusing on rural education. As of June 2011, the "Walk with Love Children" program of the Southern Charity Association has spread to Guangdong, Guizhou, Sichuan, Anhui, Heilongjiang, Hubei and other places.
In November 2011, the Southern Charity Association donated funds to support the entrepreneurship and development of characteristic planting projects for returned youth. In 2023, at the call of the National Social Security Council, the Southern Charity Association plans to donate to the fruit carrot processing project in Xinghe County, Inner Mongolia, the construction project of the grassland campsite in Lili Seascape Area, Xinghe County, Inner Mongolia, and the large-scale cherry planting project in Xinghe County, Inner Mongolia.
Philanthropy is one of the important symbols of social civilization and progress. In recent years, the first manager has increased resource investment, actively participated in public welfare undertakings, and carried out different characteristic practices and volunteer activities with public welfare and charity as the main line, focusing on different aspects such as student assistance, agricultural assistance, funding medical and health undertakings, poverty relief, disaster relief and disaster relief. Under the positive action of the first manager, the domestic charity covers a wider range and is more targeted, and the continuous investment of the first manager in charity and public welfare has made great contributions to improving the level of social welfare.
In the future, all managers will continue to actively practice social responsibility, assume social responsibility, continuously enrich the practice of social responsibility, continue to contribute to the society, and promote sustainable economic and social development.