Shengang Securities

Shengang Securities Co., Ltd. (hereinafter referred to as the "Company") was approved by the China Securities Regulatory Commission on March 14, 2016, and officially opened on October 18 of the same year. It is the first joint venture full-licensed securities established under the CEPA agreement in China. The company, the first fully licensed securities company approved by the China Securities Regulatory Commission since 1998, and the first joint venture fully licensed securities company registered in the Free Trade Zone. The establishment of the company was rated as "Finance Innovation Case of Shanghai Free Trade Zone". Headquartered in Shanghai Free Trade Zone, the company has 18 branches in Shanghai, Beijing, Shenzhen, Hubei, Sichuan, Tianjin, Chongqing, Shandong, Fujian, Dalian, Guangdong, Zhejiang, Jiangsu, Hunan, Henan, Anhui, Shaanxi and Guangxi. Branches and 5 sales offices. The company has more than 800 employees, mainly engaged in securities brokerage, securities underwriting and sponsorship, securities self-operation, securities asset management, securities investment consulting, financial consultants related to securities trading and securities investment activities, margin financing and securities lending, stock option brokerage, RMB interest rate swap, IB, agency securities pledge registration, stock pledge repurchase, entrusted management of insurance funds, inter-bank lending transactions, market making in the inter-bank bond market, etc. The company has a registered capital of 4.315 billion yuan, and was jointly established by 3 Hong Kong-licensed financial institutions and 11 domestic institutional investors, of which Hong Kong shareholders hold a total of 29.32%. Shareholders mainly include Maochen Group Holdings Co., Ltd. (Hong Kong-owned), Yucheng Global Markets Co., Ltd. (Hong Kong-owned), Shanghai Changjia Investment Co., Ltd., China Chengxin Investment Group Co., Ltd., etc.