Yongying Fund, a public fund managing over 620 billion yuan, has successfully rolled out its employee shareholding plan.

Recent public filings reveal that Yongying Fund has added three limited partnerships as new shareholders, collectively holding a 3.51% stake. These shares were transferred by OCBC Bank (Oversea-Chinese Banking Corporation Limited). Post-transaction, Bank of Ningbo remains the largest shareholder with a 71.49% stake, while OCBC Bank’s ownership adjusts to 25%, retaining its position as a major shareholder.

The equity adjustment supports Yongying Fund’s employee shareholding initiative, covering approximately 100 employees. Notably, this marks the first implementation of such a plan by a public fund following the China Securities Regulatory Commission’s (CSRC) "Action Plan to Promote High-Quality Development of Public Funds" issued on May 7, 2025. The policy encourages fund houses to adopt long-term incentives like employee shareholding to enhance core team stability.

The three new limited partnerships are: Shanghai Wenjin Tongying Enterprise Management Center, Shanghai Ruijin Tongying Enterprise Management Center, and Shanghai Juxin Tongying Enterprise Management Center. Analysts highlight that employee shareholding helps retain talent, strengthen governance, and bolster competitiveness—key to sustainable growth.

**Assets Surpass 620 Billion Yuan** Established in 2013, Yongying Fund has seen rapid expansion. Wind data shows its AUM exceeded 620 billion yuan by Q3 2025, with non-money market funds nearing 430 billion yuan—a 780 billion yuan increase year-to-date, lifting its industry ranking to 18th.

While traditionally strong in fixed income, Yongying’s equity-focused "Smart Select" series has gained traction, targeting high-growth sectors like humanoid robotics, biopharma, and cloud computing. Active equity products surged by 76.6 billion yuan this year, the highest growth in the market. The firm emphasizes that "scale reflects capability, not a target."

With nearly 180 funds, Yongying now operates across active equity, fixed income, absolute return, and passive strategies. Its long-term vision is to become "a platform-based asset manager with top-tier asset allocation capabilities."