On February, Fortune Orient Equity Investment Fund Management Co., Ltd., the wholly-owned subsidiary of China Orient Asset Management (International) Holding Limited, was registered and set up in Qianhai Modern Cooperation Zone for Service Industry in Shenzhen. Through this subsidiary, China Orient International is qualified to use offshore-raised RMB for domestic equity investment.

Only 17 institutions in Qianhai district got the RQFLP (RMB Qualified Foreign Limited Partner) qualification. With this qualification and under the management of the general partners (GP), qualified foreign limited partners (LP) can bring offshore-raised RMB to China and invest on different private equities. Different from RQFII (RMB Qualified Foreign Institutional Investors), RQFLP allows companies with this qualification to invest not only in the stock markets and bond markets, but also on companies that are not listed in the stock market yet, convertible bonds, industrial funds, and non-public shares of listed companies. RQFLP offers another channel for RMB inflow back to China apart from FDI (Foreign Direct Investment) and ROFII, which will bring more opportunities for foreign capital, especially offshore RMB capital to invest in China.

Since it has acquired the RQFLP qualification, China Orient International will undertake offshore RMB investment on domestic equities and other cross-border RMB asset management business according to its blueprint for business expansion. Thus COAMC can connect the domestic and overseas financing channels and make itself an internationalized financial holding group that is professional, market-oriented and standardized.