Is Qilu Bank related to Qilu Securities?
There must be a relationship in equity, and there must be overlap and aggregation in the whole Shandong SASAC system. But it certainly doesn't matter much. They are two completely independent companies. Of course, they are all local financial institutions, and there must be many general contacts in pure business. In addition, Qilu Securities owns Zheng Lu Futures Company, Wanjia Fund Management Company and Zheng Lu Investment Management Company; The above shareholders are Laiwu Iron and Steel Group Co., Ltd., Yankuang Group Co., Ltd. and Jigang Group Co., Ltd. The largest shareholder of Jinan Bank is the Commonwealth Bank of Australia, a foreign shareholder. In addition, Linuo Group, Agricultural Development Bank, Jiangquan, Jinan Economic Development, Shandong Chen Zhong, Shandong Jianbang, etc. In fact, when you see today's news, you have such questions. Your question is whether Qilu Bank and Qilu Securities are parent companies and subsidiaries, affiliated companies under the control of the same group, and so on. The answer is no, it is not close.