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What is the relationship between CITIC and CITIC Jiantou?
CITIC has nothing to do with CITIC Jiantou. CITIC Securities and CITIC Securities are two different securities companies with independent financial accounting, and they are both securities companies in essence.

Citic securities was established on June 5438+065438+1October 2, 2005. It is a national large-scale comprehensive securities company approved by China Securities Regulatory Commission. The company is registered in Beijing with a registered capital of 66,543.8 billion yuan. It has 65,438+092 business outlets in 30 provinces, municipalities and autonomous regions, and four subsidiaries, namely CITIC Jiantou Futures Co., Ltd., CITIC Jiantou Investment Management Co., Ltd., CITIC Jiantou (International) Financial Holdings Co., Ltd. and CITIC Jiantou Fund Management Co., Ltd. CITIC Securities Co., Ltd. is one of the first comprehensive securities companies approved by China Securities Regulatory Commission. Its predecessor was CITIC Securities Co., Ltd., which was established in Beijing on125, with a registered capital of 6,630,467 yuan. On June 5438+February 65438+March 2002, with the approval of the China Securities Regulatory Commission, CITIC Securities publicly issued 400 million ordinary A shares to the public, and listed on the Shanghai Stock Exchange on June 65438+1October 6, 2003 with the stock code "600030".

"Broker" refers to a company or securities company engaged in securities trading. There are CITIC, CITIC Jiantou, Shen Yin Wanguo, Qilu, Yinhe, Huatai, Guo Xin and Guangfa in China. In fact, it is the agent of Shanghai Stock Exchange and Shenzhen Stock Exchange. At present, there are 106 brokers in China, of which 20 entered AA level in 20 14. Many of the 20 brokers who have obtained AA grade, including Beijing Gaohua, Huaxi Securities, orient securities, Shen Yin Wanguo, Guangfa Securities, Southwest Securities, Guo Jin Securities, Industrial Securities, CDB Securities, Galaxy Securities, Guotai Junan and so on, are on the AA rating list for the first time. It is worth noting that no brokerage firm was rated as the highest AAA, and no brokerage firm was rated as a D or E company. It is reported that the classification and level of securities companies only reflect the relative level of the company's risk management ability in the industry.