According to the national enterprise credit information publicity system, two equity incentive platforms, Shanghai Weiyuan and Shanghai Yingyuan, have been added to the list of shareholders of Ruiyuan Fund. Among them, Rao Gang, the general manager, has invested 3.5 million yuan and holds 3.5% equity of Ruiyuan Fund.
After the completion of this equity incentive, Chen Guangming's equity in Ruiyuan Fund was reduced from 53 million yuan to 49,965,438 yuan +0.98 million yuan, and he remained the actual controller and the largest shareholder of the company.
In fact, this is the third time that Ruiyuan Fund has implemented equity incentives. With the gradual advancement of equity incentives, the coverage of equity incentives of Ruiyuan Fund has further covered the "Mesozoic" of investment research from the core business backbones such as executives and investment research.
Ruiyuan Fund implemented the third equity incentive.
Although the capital market has fluctuated greatly since this year, the growth of equity funds is quite challenging, but there are still fund companies pushing the employee equity incentive plan "unswervingly" against the trend.
According to the national enterprise credit information publicity system, Ruiyuan Fund has recently completed the change of investor (equity), adding two employee stock ownership platforms, namely Shanghai Weiyuan Enterprise Management Center (Limited Partnership) and Shanghai Yingyuan Enterprise Management Center (Limited Partnership), while the contributions of other shareholders, including Chen Guangming, the largest shareholder, have decreased.
Specifically, Chen Guangming's capital contribution decreased from 53 million yuan to 499 1.98 million yuan, and its shareholding ratio decreased from 53% to 49.92%, and it remained the largest shareholder of Ruiyuan Fund. This is the second time that Chen Guangming has transferred its equity since Ruiyuan Fund was established more than three years ago.
Chen Guangming once said that the core of a company's development is to do a good job, and the core competence of value investment is to evaluate the intrinsic value of an enterprise. Investment research should be more comprehensive and solid, and we should spare no effort to strengthen the construction of research teams. Among them, the core of research team building is to find the right person, do the right thing, do it for a long time, and fully empower them, including providing a good platform and mechanism for researchers, and constantly cultivating and precipitating professionals who have been engaged in research for a long time. This is a process of continuous accumulation and long-term evolution, which requires.
Ruiyuan Fund was established on 20 18 1 1 and launched the equity incentive plan twice on 202 1. In February, 20021year, Ruiyuan Fund first promoted employee equity incentive. At that time, there were more than 10 company investment and research personnel, including Zhao Feng, who were the core shareholders of the new company.
By February of 20021,12, that is, when Ruiyuan Fund was established for three years, Chen Guangming, the major shareholder of the company, and Liu Guifang, the chairman of the board of directors, personally took out their own shares to increase the incentive for employees to share in Ruiyuan Fund. At that time, new employees, including Yang, Chen Baochun and Li _, held stock lists.
Equity incentive covers the "Mesozoic" power of investment and research
Different from the previous two equity incentive plans, the main targets of the third equity incentive of Ruiyuan Fund are "Mesozoic" investment and research forces except Rao Gang, the new general manager.
According to Tianyancha's information, Shanghai Weiyuan Enterprise Management Center (Limited Partnership) invested 3.6 million yuan in the new employee stock ownership platform, including 3.5 million yuan from Rao Gang, the general manager, and 654.38+million yuan from Dong, holding a total of 3.6% equity of Ruiyuan Fund. Shanghai Weiyuan Enterprise Management Center (Limited Partnership) is also the new sixth largest shareholder of Ruiyuan Fund.
Shanghai Yingyuan Enterprise Management Center (Limited Partnership) contributed 700,654,38+0,000 yuan, Chen Yeyuan and Chen Shuzi contributed 200,000 yuan respectively, Zhou Ruiyang, Yang Weizhou and Qin Wei contributed 654,38+0,000 yuan respectively and Chen Guangming contributed 0,654,38+0,000 yuan respectively.
In addition, Liu Du has invested RMB 6,543,800+to another employee stock ownership platform, Shanghai Zhuo Yuan Enterprise Management Center (Limited Partnership), and is also one of the employees who recently entered the equity incentive.
In the third phase, employees' equity incentive targets are all investment researchers. Rao Gang is not only the new general manager, but also the director of the mixed asset investment decision-making committee of Ruiyuan Fund.
Dong is currently a member of the mixed assets investment decision-making committee of Ruiyuan Fund, and Chen Yeyuan is the investment manager of the investment department of Ruiyuan Fund's special account. Chen Shuzi, Zhou Ruiyang, Yang Weizhou, Qin Wei, Liu Du and others often appear in the survey list of listed companies. From the previous investigation and summary of listed companies, Qin Wei's research direction mainly covers biotechnology and other industries, Chen Shuzi mainly covers chemical industry, electrical components and equipment, metals and nonmetals, Zhou Ruiyang covers chemical industry, electronic components and semiconductors, and Yang Weizhou mainly covers communication equipment, electronic components, electronic equipment and instruments.
Judging from the entry time, most of the employees with equity incentive are old employees who joined at the end of 20 18 or the beginning of 20 19.
Help to enhance the attraction to outstanding talents.
On June 1 2003, the revised "New Fund Law" came into effect, allowing Public Offering of Fund companies to implement the professional stock ownership plan and establish a long-term incentive and restraint mechanism. This directly activated the enthusiasm of the industry's equity incentives, and equity incentives also started from point to point.
According to the statistics of China Fund News, there are currently 38 fund companies with equity incentives (only through the mode of establishing employee stock ownership platform through partnership enterprises).
There are two directions for equity incentives in the industry. First of all, established fund companies have started "equity incentive" to activate their internal enthusiasm. Among the top ten fund companies in the industry, E Fund, Guangfa, Huitianfu and southern fund all set up employee "equity incentive".
Second, the newly established fund companies have become the main force to promote equity incentives. Many new fund companies set up equity or business unit incentive plans when they were established, which has formed an "industry standard". For example. Quanguo Fund, a newly established "individual" fund company in February this year, set up four employee stock ownership platforms, including Shanghai Quanzhiqing, Shanghai Quanzhiche, Shanghai Quanzhicheng and Shanghai Guozhixing.
An executive of a fund company once said that an excellent fund management company should have a stable governance structure, stable management and a good incentive mechanism. Employee stock ownership plan not only reflects the recognition of employees by shareholders and companies, but also becomes a long-term mechanism to retain talents. Equity incentive system establishes a more direct connection between the treatment of fund managers and core employees and their contribution to the company. It should be said that the combination of long and short mechanisms makes the investment and research team more stable, and the stability of investment and research personnel also improves the stability of performance and investment style.
A person from a fund company in Beijing also bluntly said that equity incentive is indeed a very important way for Public Offering of Fund industries to attract talents. In particular, the current industry is becoming more and more mature, and the phenomenon of turning around is serious. Small and medium-sized fund companies and new fund companies set up equity incentives, which will also help to enhance their attraction to outstanding talents.
"Overall, the fund industry is an industry composed of professionals, and employee equity incentives can establish a long-term mechanism to enhance comprehensive investment and research capabilities." The above-mentioned people said that if equity incentives are given to core personnel or management, the stability of the company's operation can be guaranteed to a certain extent, which is conducive to the company's long-term development. Of course, in addition to talents, the strength of shareholders and channel advantages are also important factors affecting the development of fund companies.