If Hui, a reporter from China's ** newspaper, has just started in 2024, there will be ** companies that may "change hands". On the evening of January 5, the China Securities Regulatory Commission (CSRC) disclosed the feedback on the change of the actual controller of NORDNORD** needs to change the actual controller of the companyThe changes in the participation of Tianfu Qingyuan Holdings, the controlling shareholder, in corporate governance, were explained. According to public information, NORD was founded in 2006, and the previous major shareholder was Tsinghua Holdings, which was also the only public offering management company with a university background at that time. With the reform of the university enterprise management system, Tsinghua University transferred 100% of the shares of Tsinghua Holdings to Sichuan Energy Investment and changed its name to Tianfu Qingyuan Holdings, and Nord** will also usher in the change of actual controller. Wind data shows that as of the end of the third quarter of last year, the scale of non-goods managed by NORD ** was 2487.1 billion yuan, ranking around 100th in the industry. NORD** ushered in regulatory feedbackIn 2024, the industry's first regulatory feedback will "fall" to NORD. On the evening of January 5, the China Securities Regulatory Commission (CSRC) disclosed the feedback on the change of the actual controller of NORD, and asked NORD to report on the change of the actual controller of the companyThe controlling shareholder Tianfu Qingyuan Holdings***Explain the changes in participation in corporate governance (including but not limited to changes in the right to nominate directors, the right to recommend executives, etc.). NORD** is requested to implement the following questions one by one within 30 working days and provide written responses and electronic documents. 
According to public information, NORD was founded in 2006, headquartered in Shanghai, with a registered capital of 100 million yuan, and is the 57th ** management company approved by the China Securities Regulatory Commission. At present, the two major shareholders of Tianfu Qingyuan Holdings, Beijing Tianlang Yunchuang Information Technology, respectively hold the first % equity of Nord. As early as 2006, at the beginning of the company's establishment, NORD was the first company controlled by a foreign institution in the industry at that time, and the veteran co-owner Abbett from Wall Street held 49% of the shares of NORD, and the overall operation and management of NORD was also led by foreign shareholders at that time. Changjiang** and Tsinghua Holdings hold 30% and 21% of Nord**, respectively. The shareholding structure of NORD at the beginning of its establishment
In 2012, foreign shareholders began to consider withdrawing from the Chinese market, and after the official completion of the equity change in 2015, Changjiang ** transferred 30% of the equity held by Nord** to Tsinghua Holdings, and Lord Abbett transferred the other 49% equity held by it to CreditEase Huimin Investment Management (Beijing)** is now renamed: Beijing Tianlang Yunchuang Information Technology*** Tsinghua Holdings' shareholding ratio has risen to 51%, and it has officially become the owner of Nord**. The shareholding structure of NORD after the shareholding change in 2015
or will focus on public REITs businessIf the change of the actual controller is finally approved by the regulator, it will become the second change of the actual controller since 2015. In accordance with the state's unified deployment of the reform of the university enterprise management system, in April 2022, Tsinghua University, Sichuan Provincial State-owned Assets Supervision and Administration Commission, and Sichuan Energy Investment signed the "Supplementary Agreement on the Supplemental Agreement", under which Tsinghua University intends to transfer 100% of the equity of Tsinghua Holdings held by it to the State-owned Assets Supervision and Administration Commission of Sichuan Province free of charge. In June of the same year, the State-owned Assets Supervision and Administration Commission of Sichuan Province issued an approval to increase the capital of Sichuan Energy Investment with 100% equity of Tsinghua Holdings, and agreed to inject 100% of the equity of Tsinghua Holdings into Sichuan Energy Investment, and Sichuan Energy Investment increased its registered capital accordingly and finally held 100% of the equity of Tsinghua Holdings. Since then, Tsinghua Holdings has changed its name to Tianfu Qingyuan Holdings. In the future, if the change of the actual controller obtains regulatory approval, the actual controller of NORD** will be changed from Tsinghua University to Sichuan Energy Investment Group, a subsidiary of Sichuan State-owned Assets Supervision and Administration Commission. Pan Fuxiang, chairman of NORD, previously said in an interview with China ** Daily that Sichuan Energy Investment has great advantages in many fields such as clean energy, cultural tourism, and ecological and environmental protection industries. In the "Opinions on Accelerating the High-quality Development of the Public Offering Industry" issued by the China Securities Regulatory Commission, it is also clearly encouraged to differentiate the development of ** companies, including assetization and REITs. In the future, NORD will also combine the advantages of shareholders to open up new areas. According to him, the company is currently actively planning to apply for a special business subsidiary license, develop REITs products, and strive to provide investors with more diversified choices. It is foreseeable that REITS, assetization and other businesses will have a large space for development in the capital market in the future. At the end of the third quarter of last year, the non-cargo scale was 2487.1 billion yuanWind data shows that as of the end of the third quarter of last year, the scale of non-goods managed by NORD ** was 2487.1 billion yuan, ranking around 100th in the industry. 
From the perspective of product structure, driven by the slow bull market in the last one or two years, the scale of bonds reached 162 at the end of the third quarter of last year3.4 billion yuan, surpassing the equity, becoming the largest category of NORD. Affected by the A**field**, the equity (mixed) scale managed by NORD ** is 830.2 billion yuan, down from the high point in 2021. Talking about the future development plan, Pan Fuxiang previously said that the direction of Nord's differentiation route is clear. In his opinion, as an asset management company, it should not be too eager for quick success, and even try to make "short-term" money. Whether it is cultivating talents, building a team or promoting business, the company needs to form its own unique competitiveness in a certain field through long-term accumulation and diligent cultivation. In the next three to five years, NORD will further improve its overall investment management capabilities on the existing basis, continuously enrich the company's product categories and deepen the products with advantages to meet the financial needs of different investors. Editor: Captain Review: Xu Wen.