I. CITIC Jiantou Securities Co., Ltd. was established on June 2, 2005, 1 1. It is a national large-scale comprehensive securities company approved by China Securities Regulatory Commission. CITIC Jiantou Securities is headquartered in Beijing. By the end of 20 10, the company had 125 securities business offices in Beijing, Shanghai, Tianjin, Chongqing and more than 80 large and medium-sized cities in nearly 20 provinces in North China, Northeast China, East China, South China, Southwest China and Northwest China. It owns two wholly-owned companies, CITIC Jiantou Futures Brokerage Co., Ltd. and CITIC Jiantou Investment Management Co., Ltd.
2. China Yin Jian Investment Securities Co., Ltd. (hereinafter referred to as "CIC Securities") was formally established on the basis of the former Southern Securities Co., Ltd. (hereinafter referred to as "Southern Securities") on September 28, 2005. The company is a national comprehensive securities firm wholly owned by China Yin Jian Investment Co., Ltd., with a registered capital of1500 million yuan. Southern Securities was established in 1992. It was once one of the old securities firms in China, and has created brilliant historical achievements in brokerage, investment banking and many other fields. CIC Securities inherited the excellent assets, business qualifications and talent team of the former Southern Securities, and achieved good development in the past two years. At present, the company has many business lines such as brokerage business, enterprise financing, asset management, securities investment and financial derivatives, as well as middle and back office support departments such as research institutes and operation centers, and has a complete information technology and risk management system. The company is also actively preparing to set up subsidiaries such as futures companies, Hong Kong companies and direct investment companies to further expand business space. In April 2007, the company obtained the qualification of innovative pilot securities companies, and was rated as Class A and Class A in the first classified supervision review of securities companies in August of the same year. 20 1 1 was officially renamed as "China CIC Securities Co., Ltd.".