Vanguard Investment Advisors (Shanghai) Investment Consultancy Company Limited

Vanguard Investment Advisors (Shanghai) Investment Consultancy Company Limited (“Vanguard Investment Advisors”) Vanguard Investment Advisors is the first independent fund investment advisory agency approved by the China Securities Regulatory Commission，co-founded by the largest Mutual Fund Company in the world-The Vanguard Group, and Ant Financial Services Group. On April 2nd, 2020, Vanguard Investment Advisors officially launched a new wealth management service “Bang Ni Tou” (Help You Invest) available to everyone on the Alipay App. “Bang Ni Tou”" aims to provide investors with a new one-stop fund investment advisory service. It inherits years of professional investment advisory experiences of The Vanguard Group in the U.S.，and based off its exclusive model “Global Capital Markets Model” (VCMM ®) to conduct 10,000 simulations, it can generate portfolio that fits investor’s risk profile, select funds, do redemption and other transactions on behalf of the investors, continuously track market dynamics, and automatically rebalance according to market conditions, making your investment simpler and more worry-free.