The corporate governance structure is standardized and the equity ratio is reasonable. Yongan has standardized the shareholders' meeting, the board of directors, the board of supervisors, independent directors and the chief risk officer, and has a system of checks and balances and rules of procedure. The shareholders are composed of seven companies, namely Caitong Securities Brokerage Co., Ltd., Zhejiang Economic Construction Investment Company, Zhejiang Cooperation Building Co., Ltd., Zhejiang International Trade Group Co., Ltd., Zhejiang Oriental Group Co., Ltd. (shareholder qualification is being submitted for approval), Zhejiang Ruihe, Zhejiang Debon, etc. Among them, the company's equity owned by Zhejiang Dongfang, a listed company, was obtained through public bidding in February 2009. The shareholding ratio of state-owned shareholders and listed companies is 94.57%, and that of private enterprises is 5.43%.
The company's business platform is complete, and it has the ability to combine the current period and cross-border services. Zhejiang Zhongbang Industrial Co., Ltd., established by Yongan, is mainly engaged in spot trading of varieties listed in the futures market. Yongan is also one of the first three pilot futures companies approved by the State Council to set up branches in Hongkong. In Hong Kong, we have China New yongan futures Co., Ltd., which is controlled by us and cooperates with Sun Hung Kai Group, mainly engaged in futures trading and consulting, as well as overseas commodity and financial futures brokerage business recognized by Hong Kong local and Hong Kong Securities Regulatory Commission. As one of the first overseas opening pilots of mainland companies, China Xinyongan has been in a leading position among similar enterprises since its establishment.