China Huarong Asset Management Co., Ltd. (“China Huarong”) is a large public and non-banking financial enterprise which was approved by the State Council and co-established by the Ministry of Finance and the China Life Insurance (Group) Company (China Life Group) on September 28, 2012. China Huarong was previously known as China Huarong Asset Management Corporation (“CHAMC”) which was established in 1999. The company is one of China’s four major financial asset management companies.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $58 billion in assets under management, our active portfolio of more than 190 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $81 billion in over 890 companies in more than 40 countries.