The financial business of Guangfa Holdings covers banking, securities, funds, futures, asset management and other fields. Although both Guangfa Bank and Guangfa Securities (a securities company) belong to Guangfa Holdings, they are independent legal persons and there is no direct holding relationship.
Guangfa Securities is a well-known domestic securities company, mainly engaged in securities brokerage, investment banking, asset management, investment consulting and other businesses. Guangfa Securities and Guangfa Bank both belong to Guangfa Holdings, so there is a certain strategic cooperative relationship between them, but they are independent in law and operation.