Desheng Fund Research Center

The "Desheng" brand in the Chinese fund market was primarily associated with Desheng Allianz Fund Management Co., Ltd., a joint venture established in 2003 between Guotai Junan Securities (GTJA) and Allianz SE of Germany. The Desheng Fund Research Center operated as its internal department, responsible for conducting in-depth market analysis, macroeconomic research, and securities valuation to support the investment decisions for the funds under management. The entire company, including its research functions, underwent a strategic rebranding in 2012 to become GTJA Allianz Funds (国联安基金管理有限公司), and the "Desheng" brand is no longer actively used by this successor entity.