The latest Taurus Award in 2006:

Harvest, Morgan Stanley, Jing Shun Great Wall, Huaxia and other 10 fund management companies won the title of "Golden Bull Fund Management Company" in 2006, and also produced other 10 awards. Among them, ICBC Credit Suisse and Huitianfu, two fund management companies, won the newcomer award in 2006.

Assets exceed10 billion. The threshold of Jinniu Company this year.

Judging from the selection results, the Golden Bull Award has many old faces, which is commendable in the case that new companies and new funds emerged continuously last year.

Among the top ten Taurus fund companies, Harvest, Yin Hua, Dacheng, Haifutong and Nanfang were the winners last year, while Jing Shun Great Wall and Penghua were the winners of Taurus the year before.

This also proves that the Golden Bull Award has indeed selected a group of outstanding companies with sustainable return ability for investors. Among the Taurus funds, seven funds, such as Shangtou Morgan China Advantage, Guo Futianyi Value and Guangfa Jufu, won the prize last year, accounting for 35% of the prize-winning funds last year. It is worth mentioning that since the first Golden Bull Award, Kijinkehui has won four consecutive awards, and Harvest Finance has won three consecutive awards. It is indeed a frequent visitor to the Golden Bull Award.

According to our statistics, 38 Golden Bull Awards were all divided by 19 fund companies. It is worth noting that the net asset management value of these 19 fund companies exceeded10 billion yuan at the end of 2006, while there were 26 companies with net asset management value exceeding10 billion yuan in the same period.

Only companies with assets exceeding 10 billion can win the Golden Bull Award, which shows that after several years of development, the fund industry has stepped out of the era of single-handedly creating performance, and winning in the competition will rely more on the comprehensive strength of the company. Without a relatively perfect corporate governance structure and an experienced and adequately staffed investment management team, it is impossible to continuously beat the market.

Choose the best fund carefully.

Taurus is not an ox. You should walk steadily and for a long time.

In 2006, the fund industry had a bumper harvest, and its performance scale increased significantly. A number of outstanding fund companies have made rapid progress while bringing rich returns to their holders. This makes the competition for this year's Golden Bull Award unprecedentedly fierce, and the organizers and co-organizers have painstakingly selected the Golden Bull according to what criteria.

In this year's China Golden Bull Awards, while putting "performance and return" in the first place, we also adopted a more "prudent" attitude in the face of dazzling high growth, paying more attention to the compliance of fund operation, risk control and investor protection. We should not only examine whether its performance is excellent enough, but also examine where this excellent performance comes from, so as to strip off potential risks as much as possible. We strive to explore the ability of holders to continuously return while evaluating the past performance of funds, and realize the important selection purpose of "providing important reference for investors to choose funds" while displaying a number of excellent funds and excellent fund management companies.

Fine-tune the rules to adapt to market development

It is a principle that this newspaper has always adhered to in the selection process of the Golden Bull Award.

At the same time, in order to adapt to the rapid growth of China's fund industry, the Golden Bull Award can be appropriately adjusted on the basis of maintaining the overall stability and continuity of the original selection rules.

This year's selection has added the award of "Open Index Taurus Fund". The average net growth rate of index funds last year was 125.83%, which was the best among all fund categories. With the listing of a large number of blue-chip index stocks, passive index investors will be paid more and more attention by investors. At the same time, the number of index funds that met the evaluation conditions reached 10 last year. As a whole category, index funds have met the evaluation conditions.

Different from other types of funds, index funds focus on their effectiveness as investors' trading tools, tracking errors of funds relative to the underlying index, fund size, trading convenience and market influence. According to the comprehensive evaluation results, SSE 50ETF won this new award.

This year's selection also fine-tuned the selection criteria for "continuously winning Taurus Fund". The award-winning Jinniu Fund inspected the fund's operation in the past two complete fiscal years. However, with the growth of China's fund industry, more and more funds have three years or even longer operating experience. Therefore, in this selection, two years of operation only means that the fund has reached the threshold of entering the candidate list. In the selection process, we will not only examine the performance of the fund in the past two fiscal years, but also examine the historical performance and stability of the fund since its establishment.

The success of this year's China Golden Bull Award is inseparable from the strong support of all parties. A powerful selection steering committee was formed by regulators, experts and scholars, industry celebrities and relevant leaders of major co-organizers, including relevant leaders from CSRC, CBRC, CIRC, Ministry of Labor and Social Security, National Social Security Fund Council and China Securities Association.

Winner list: (in no particular order)

Top Ten Taurus Fund Companies in 2006

Harvest fund management company

Shangtou Morgan fund management company

Jing Shun Great Wall Fund Management Company

Huaxia fund management company

Yin Hua fund management company

Dacheng fund management company

Haifutong fund management company

Penghua fund management company

Southern fund management company

Guo Fu fund management company

2006 Newcomer Award

ICBC Credit Suisse Bank Fund Management Company

Huitianfu fund management company

Closed-end sustainable winning Taurus fund

Ji Jinkehui (1847 12) Fund of Jinsheng (184703)

Jijinke Lane (1847 13)

Open-ended Equity Taurus Fund with Sustained Success

Jiashi Licaitong Grow Up (070002)

Guo Fu Tianyi Value (100020)

Open mixed sustainable winning Taurus fund

Huabao Xingye Baokang Configuration (240002)

Closed Taurus fund in 2006

Fund Anjiu (184709) Fund Jiufu (184720) Fund Taihe (500002) Fund Puhua (18471) Fund Jinyuan (5000 10)

Open-ended Equity Taurus Fund in 2006

Jing Shun Great Wall domestic demand growth (260 104) Investment in Morgan China Advantage (3750 10) Yin Hua Core Value Optimization (5 1900 1) Penghua China 50( 160605) TEDA ABN Amro.

Open hybrid Taurus fund in 2006

Huaan Bao Li Configuration (040004) Guangfa Jufu (27000 1) Rich Tian Rui Strong Area (100022) Dacheng Selected Value-added (090004) Huitianfu Advantage Selection (5 19008).

Open Bond Taurus Fund in 2006

Huaxia Bond (00 100 1)

Open money market Taurus fund in 2006

Invest in Morgan Currency (3700 10), Huaxia Cash Increase (003003), Harvest Currency (070008)

Open Index Taurus Fund in 2006

Huaxia SSE 50ETF(5 10050)

2006 Innovation Award (Vacancy)