On 14th April, HWAS Assets won a new round of strategic financing of tens of millions of dollars. This round of financing is led by Zhengping Capital, a multi-family office and multi-license holder. China soft capital participated in A and B round investment respectively in 2016 and 2017 and became the strategic stockholder of the company.
Before this round of financing, HWAS Assets has finished 4 rounds of financing. The stockholders include several powerful listed companies, national institutions, investment institutions and financial institutions. Jiang Weiyan, chairman of HWAS Assets declared that by the new round of financing, the experience of Zhengping Capital in serving family offices, the powerful resources brought by People United Communication, the subsidiary of People’s Daily Online on the information and technology industries, HWAS can provide clients of high net worth with better assets and financial services and actively develop the worldwide strategic plan of the family offices. The objects are to help clients achieve long-term wealth preservation, strategic as well as tactical investment management, centralized control, improved risk management and intergenerational wealth inheritance.
In 2020, due to the COVID-19, the global financial market is in turmoil, and the capital environment is facing a dark moment. However, HWAS Assets bucked the trend and gained recognition and favor from well-known institutions. This is not only affirmation of Huashe's past achievements and future development strategies, but also positive outlook of the domestic asset management industry, it will boost HWAS Assets to become a comprehensive wealth management service platform with global perspectives.
As a strategic investor, China Soft Capital will continue to support HWAS Assets’ compliant and stable operations, insist on investing within its own capability, and continue to expand its capability to seek innovation and break through development. Through continuous optimization of its product system and customer service experience, China Soft Capital strive to build HWAS Assets as a comprehensive, one-stop and global platform of asset allocation and wealth management.