China galaxy Securities Co., Ltd. was approved by the State Council. On the basis of acquiring the securities brokerage business, investment banking business and related assets of the former china galaxy Securities Co., Ltd., china galaxy Financial Holdings Co., Ltd. was the main sponsor, and was jointly established by Beijing Qingyuan Defeng Venture Capital Co., Ltd., Chongqing Water Group Co., Ltd., China General Technology (Group) Holdings Co., Ltd. and China National Building Materials Co., Ltd. on June 26, 2007. The registered capital of the company is RMB 6 billion.
The business scope of the company includes: securities brokerage, securities investment consulting, financial consulting related to securities trading and investment activities, securities underwriting and sponsorship, securities self-operation, securities asset management, margin trading and other businesses approved by China Securities Regulatory Commission.