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Why did China Investment Consortium Co., Ltd. change after dissolution?
After the dissolution of China Investment Consortium Co., Ltd., it is now called CIC Securities. China Investment Corporation (CIC) was formally established in Shenzhen on September 28th, 2005. China CIC Securities Co., Ltd. is a national comprehensive securities company approved by China Securities Regulatory Commission with a registered capital of 8 billion yuan. The direct controlling shareholder of the company is Central Huijin Investment Co., Ltd., and the ultimate controlling shareholder is China Investment Co., Ltd., which has more than 100 business institutions in more than 50 large and medium-sized cities across the country. CIC is a wholly state-owned securities company, with excellent asset quality and strong economic strength, and it is one of the most complete securities companies in China. In April 2007, it obtained the qualification of innovative pilot securities company. Holding Tianqi Futures Co., Ltd., Ruishi Investment Management Co., Ltd. and China Investment (Hong Kong) Financial Holdings Co., Ltd. ..