China Everbright Limited, a company incorporated in Hong Kong, operates through various subsidiaries and affiliates. One of its wholly-owned subsidiaries, Shanghai Angui, is primarily involved in industrial investment and business management consulting. Additionally, China Everbright Limited holds a minority stake of approximately 29.17% in Everbright Jiabao, an affiliate engaged in real estate development and asset management, whose A shares are traded on the Shanghai Stock Exchange. Another affiliate, Shanghai Anyi, provides asset and investment management services and is controlled by EBA (Beijing) Investment Management Co., Ltd, with Everbright Jiabao and China Everbright Limited holding 51% and 49% stakes, respectively. These entities collectively contribute to the company's cross-border macro asset management strategy, with a focus on fund and investment business.