Dongguan Securities Co., Ltd.(hereinafter referred to as “Dongguan Securities”), established in June 1988 with a registered capital of RMB 550 million, is a national comprehensive and standard securities company and is among the first underwriting sponsors nationwide. The Company holds 40% equity of the Dongguan Securities, ranked as the largest shareholder. As of December 31st, 2009, the Dongguan Securities has had total assets of RMB 13.005 billion and net assets of RMB 2.055 billion.
As a comprehensive securities company, the Dongguan Securities engages its business in agent securities distribution business, self-operated or proxy securities trading business, debt clearance services and dividend business of proxy securities, securities underwriting and listing recommendation, securities investment consulting and financial advisory, asset management, establishment of securities investment funds and fund management companies initiation and other business approved by the China Securities Regulatory Commission. Covering a business scope of securities brokerage, asset management, investment banking, proprietary trading, research and business information and other fields, the Dongguan Securities holds over 60% market share of brokerage business in Dongguan area. Currently, it has 25 affiliated securities business departments, covering all economically developed towns in Dongguan as well as in Beijing, Shanghai, Shenzhen, Dalian and other cities.