Most small securities companies with poor management disappeared after a few years.

1 Guo Xin Securities Co., Ltd.

China galaxy Securities Co. Ltd.

China Merchants Securities Company Limited

4 Guotai Junan Securities Co., Ltd.

5 GF Securities Limited Liability Company

Haitong Securities Co. Ltd.

Huatai securities company limited

8 CITIC Securities Limited by Share Ltd

9 Shen Yin Wanguo Securities Co., Ltd.

10 Everbright Securities Co., Ltd.