Headquartered in Shanghai, the company successfully managed and acquired the northern securities brokerage business and its subordinate business departments in 2005, and set up more than 50 branches in 20 cities including Shanghai, Beijing, Tianjin, Changchun, Shenyang, Fushun, Chengdu, Wuhan, Changsha, Nanjing, Suzhou, Hangzhou, Guangzhou, Shenzhen, Shantou, Nanning, Guilin, Beihai, Jinan and Fuzhou, forming a Shanghai-based company.