[the fourth wholly foreign-owned public offering came to unveil the Schroeder Fund in Shanghai] the unveiling ceremony of Schroeder Fund Management (China) Co., Ltd. (referred to as "Schroeder Fund") was held in Shanghai on June 8. This is the fourth wholly foreign-owned public fund management company to be established in China after BlackRock, Fidelity and Lubermai set up wholly foreign-owned public fund management companies in Shanghai since the lifting of the restriction on foreign equity shares in public fund management companies in April 2020.