What is the relationship between CITIC Securities and CITIC Jiantou Securities?

CITIC Jiantou, the former Huaxia Securities, was acquired by CITIC Securities and China Yin Jian due to violation of regulations, with CITIC Securities accounting for 60% of the shares. CITIC Jiantou has been merged into CITIC.

The main shareholders of CITIC Jiantou Securities are: Beijing State-owned Capital Management Center, Central Huijin Investment Co., Ltd., Century Jinyuan Investment Group Co., Ltd. and CITIC Securities Co., Ltd.

On June 1992, Huaxia Securities Co., Ltd. was established. 12 in August 2005, CITIC Securities and CCB Investment jointly invested to establish CITIC Jiantou Securities Co., Ltd., and in 20 10, CITIC Jiantou Securities Co., Ltd. was renamed CITIC Jiantou Securities Co., Ltd.

The latter is a holding subsidiary of CITIC Securities. CITIC Jiantou, originally Huaxia Securities, was jointly acquired by CITIC Securities and China Yin Jian Investment due to violation of regulations.

CITIC Jiantou, formerly known as Huaxia Securities, was later acquired by CITIC Securities and CCB Investment, with CITIC Holdings holding 60% of the shares. At present, CITIC Securities wants to sell some shares. At present, the plan is still waiting for approval. In the future, CITIC Securities will only participate in CITIC Construction Investment, not CITIC Construction Investment, which is currently controlled, and the latter should still be in CITIC Department.

The LOGO of CITIC Jiantou has been replaced by the LOGO of CITIC Group. Now the general manager of CITIC Jiantou is the former general manager of CITIC Securities.

The company's main business scope is: acting as an agent to buy and sell securities (including domestic listed foreign shares); Acting as an agent to repay the principal and interest and pay dividends; Preservation and verification of securities.

Agency registration and account opening; Securities proprietary trading; Securities underwriting (including domestic listed foreign shares) (including lead underwriting); Customer asset management; Securities investment consulting (including financial consultant).