On September 27, 2019, Shenzhen Municipal Committee for Qualified Foreign Limited Partners (QFLP) was established and held its first meeting in Shum-Yip Upper Hills Tower Fund Industrial Park. DeHeng lawyer Lin Peihua, a partner of the Shenzhen Office, was invited to the event as an industry expert and was appointed an advisor to the QFLP Committee.

The QFLP Committee was initiated by Shenzhen Asset Management Association under the guidance of Shenzhen Municipal Financial Regulatory Bureau. Lin was joined by other attendees including Liao Ruipeng, Director of the Policy Planning Division of the Municipal Financial Regulatory Bureau, Zeng Wenwen, Deputy Director of the Third Division of Institutional Affairs of Shenzhen Bureau of China Securities Regulatory Commission, 15 Committee members and industry experts.

The QFLP Committee will work to promote the development of QFLP programs, regulate the behaviors of QFLPs, improve their operational efficiency, maximize the service capability of self-regulatory organizations, and contribute its expertise to industry management and regulation. As the government is amending the QFLP policy, the QFLP Committee will actively support the work of the Municipal Financial Regulatory Bureau and Shenzhen Asset Management Association, live up to its mission, and play its due part in formulating standards and promoting exchange and compliance for development, in uniting and developing the industry, and in building Shenzhen into a pilot and demonstration area under the Guangdong-Hong Kong-Macao Greater Bay Area initiative.

Lawyer Lin Peihua has made revision suggestions on Shenzhen's pilot measures governing the QFLPs, and served several QFLP institutions in their incorporation application, administrator registration, fund filing, special investment, dividend remittance, capital reduction, liquidation and deregistration, accumulating rich experience in QFLP and QDIE services.


Name of QFLP




CIF Investment Fund Management Co., Ltd.

Zhong Xiaofeng

Executive Director


Shenzhen Qianhai CCT Asset Management Co., Ltd.

Fang Yiding

Head of the Business



Hony Zhiyuan Equity Investment Management (Shenzhen) Co., Ltd.

Wang Xuesong

Deputy General Manager


Invesco Asia Pacific Private Equity Investment and Fund Management

Yu Kaiyan

General Manager


Value Partners (Shenzhen) Equity Investment Management Company Limited

Zhai Yudong

Legal Director


Qianhai Wanhui Equity Investment Management (Shenzhen) Co., Ltd.

Che Yizhong

Compliance Director


Shenzhen Jida Equity Investment Management Co., Ltd.

An Jingsheng



CITIC City Development Equity Investment Fund Management (Shenzhen) Co., Ltd.

Guo Jin

General Manager


BOCOM International Equity Investment Management (Shenzhen) Co., Ltd.

Chang Weijun

General Manager


United Gain (Shenzhen) Fund Management (LP)

Liu Zhiyao

Executive Partner


ICBC (Asia) Equity Investment Management (Shenzhen) Co., Ltd.

Liu Ximeng

Board Chairman and

General Manager


Fude Equity Investment Fund Management (Shenzhen) Co., Ltd.

Shang Shijun

General Manager


Shenzhen Baitu Equity Investment Fund Management Co., Ltd.

Long Xiaobo

General Manager


Zhongbang International Co., Ltd.

Zhang Rujie

Deputy General Manager


Shenzhen Mingcheng Financial Services Co., Ltd.

Zhao Fuping

Managing Director of the

Investment Department