Brief introduction of Caitong Securities, a shareholder of China New yongan futures Co., Ltd.

Caitong Securities Co., Ltd. was registered in Hangzhou, China, formerly known as Zhejiang Financial Securities Company, and was established in May 1993. In June 2003, according to the spirit of relevant documents in the State Council, it was restructured into Caitong Securities Brokerage Co., Ltd. From June 5438, 2006 to 2006 10, the company absorbed and merged Tianhe Securities Brokerage Co., Ltd. ... On June 29, 2007, the provincial party committee and provincial government made it clear that the company was a provincial state-owned enterprise, and the provincial government authorized the provincial SASAC to supervise it. In September 2007, the company controlled yongan futures Brokerage Co., Ltd., and in March 2009, with the approval of China Securities Regulatory Commission, it was renamed Caitong Securities Co., Ltd., with a registered capital of165438+27 million and 36 business outlets (mainly distributed in cities and counties in the province).

The company's business scope includes: securities brokerage, securities proprietary trading, securities underwriting, securities investment fund consignment and sponsorship, securities asset management, securities investment consulting, providing intermediary services for futures companies and other businesses approved by China Securities Regulatory Commission.

Business philosophy: Caitong Securities will adhere to the concept of "standardized operation and steady development", rely on Zhejiang's rich financial resources and good financial ecology, base itself on and serve Zhejiang, and strive to expand securities underwriting and sponsorship and securities investment consulting business based on brokerage business, and strive to develop into an enterprise with standardized governance, moderate scale, comprehensive business, sufficient capital, flexible mechanism, abundant talents, strong risk control and regional competitive advantages, and obvious business characteristics and core competitiveness.

IB business: Caitong Securities (2008. 10.29) indicated that the qualification of the company to provide intermediary business for futures companies has been approved by China Securities Regulatory Commission.

It is understood that Caitong Securities started the preparations for IB business as early as after holding yongan futures, Zhejiang. In September 2007, the company held part of the equity of Zhejiang yongan futures. According to the policy of China Securities Regulatory Commission on actively and steadily developing stock index futures, the company started the preparation of IB business focusing on risk control, technical construction and training, and conducted several rounds of technical testing and training activities.

Zheshang (here should be Caitong, not Zheshang) Securities said that it will take this IB business qualification as an opportunity to join hands with yongan futures to vigorously carry out technical preparation and related research work. Strive to provide more professional services for stock index futures customers after the introduction of stock index futures.