Shanghai Donghao Lansheng Establishes HR Industry Fund

On 18 December, under the banner of creating an“Innovative Ecology, and Funding a Sustainable Future”, Shanghai Donghao Lansheng held a formal press conference announcing the official kick-off of Shanghai Donghao Lansheng Human Resources Industry Fund, and the official establishment of the Shanghai Overseas Service Investment Management Co., Ltd. The press conference was attended by Cheng Wei, Deputy Director of Shanghai State-owned Assets Supervision and Administration Commission., Yao Jiayong, Deputy Secretary of Shanghai Financial Work Committee of the CCP, Tan Shangwei, Member of the Standing Committee of Shanghai Pudong New Area Committee, Minister of Organization Department, , Wang Qiang, Party Secretary of Donghao Lansheng (Group) Co., Ltd., Chairman of the Board, President Cao Wei, Deputy Secretary of the Party Committee of Dong Hao Lansheng (Group ) Co., Ltd., Zheng Shanhe, Chairman of the Board of Supervisors of Donghao Lansheng (Group) Co., Ltd. General Manager Hu Hongwei, Party Secretary of Shanghai Life Insurance Co., Ltd. Shanghai Branch, Yu Bin, Vice President of China Pacific Insurance (Group) Co., Ltd., Jiang Ying, Vice Chairman of Deloitte China, Customer and Market Leader, Asia Pacific, Li Dong,Vice President of Donghao Lansheng (Group) Co., Ltd., Party Secretary of Shanghai Overseas Service (Group) Co., Ltd. among others.
Shanghai Donghao Lansheng HR Industry Fund was established by Donghao Lansheng Shanghai Overseas Service in partnership with strategic partners from local investment fields. The fund size totals 5 billion yuan, with 1 billion yuan slated for the first phase, which is one of the largest human resources private equity investment funds in the industry. On the same occasion, there was also an official unveiling of the Fund Management Company - Shanghai Foreign Service Investment Management Co., Ltd.