1. Joint shareholder: CITIC Securities and CITIC Jiantou are jointly owned by CITIC Group. CITIC Group is a large comprehensive enterprise group with a wide range of business, covering finance, resources and energy, manufacturing, real estate and other fields. CITIC Securities and CITIC Jiantou are both members of the financial sector under CITIC Group.
2. Similar business: CITIC Securities and CITIC Jiantou are both well-known domestic securities companies, mainly engaged in securities brokerage, investment banking, asset management, securities investment and other businesses. There are some similarities in business between the two companies, but there are some differences in specific business strategies and priorities.
3. Market competition: As important participants in the China securities market, CITIC Securities and CITIC Construction Investment have both cooperation and competition in the market competition. The two sides need to cooperate in securities underwriting and asset management to jointly expand their business and market share. At the same time, the two sides are also competing for customer resources and market share.
4. Equity relationship: CITIC Securities and CITIC Jiantou once had an equity relationship. 20 10 citic securities acquired part of the equity of citic jiantou and became its shareholder. However, in 20 15, CITIC Securities transferred its equity of CITIC Jiantou to Central Huijin Company, thus ending the equity relationship between the two parties.
In a word, the relationship between CITIC Securities and CITIC Construction Investment is mainly reflected in common shareholders, business similarity, market competition and pre-equity relationship. Although there is no direct equity relationship between the two parties, they still maintain close ties in business and market competition.