Fixed Income Department is the platform to conduct proprietary investment of fixed income products on behalf of Huarong International Financial Holdings Limited, According to our guideline, we will focus on China credits both on the primary and secondary market. As a major investment platform of Huarong Group, we have strong support from the group in terms of capital and policies which will give us an edge in investment on China credits. With more and more market talents joining in, Fixed income investment will play an important role in the business of Huarong International Financial Holdings Limted.