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Yongan futures's internal organization
Internally, Yongan has five types: fully equipped professional R&D institutions, marketing business departments, off-site business departments, offices and functional support departments. Professional R&D institutions include Futures Research Center, Financial Engineering Headquarters and North Research Institute. The marketing business department consists of three first-level departments, such as marketing headquarters, industrial development headquarters and international business headquarters, and four second-level departments, such as institutional business I, business I, business II and business III. There are 25 foreign business offices in Beijing, Shanghai, Shenyang, Shijiazhuang, Jinan, Qingdao, Changsha, Fuzhou, Wuxi, Nanchang, Anshan, Wenzhou, Ningbo, Shaoxing, Taizhou, Jiaxing, Yiwu, Jinhua, Yuyao, Xiaoshan, Ruian, Zibo, Changchun, Chongqing and Weifang. Functional support departments include financial enterprise headquarters, trading operation headquarters, planning financial headquarters, comprehensive management headquarters, institutional management headquarters and audit supervision headquarters. In addition, there are three offices in Shanghai, Dalian and Zhengzhou.

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.