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What is the relationship between CITIC Securities and CITIC Jiantou Securities?
CITIC Jiantou, the former Huaxia Securities, was invested and acquired by CITIC Securities and China Yin Jian due to violation of regulations, with CITIC Securities accounting for 60%. CITIC Jiantou has been merged into CITIC.

The main shareholders of CITIC Jiantou Securities are: Beijing State-owned Capital Management Center, Central Huijin Investment Co., Ltd., Century Jinyuan Investment Group Co., Ltd. and CITIC Securities Co., Ltd.

1June, 992, Huaxia Securities Co., Ltd. was established. On August 12, 2005, CITIC Securities and CCB Investment jointly established CITIC Jiantou Securities Co., Ltd., and on August10, CITIC Jiantou Securities Co., Ltd. was renamed CITIC Jiantou Securities Co., Ltd.

The latter is a holding subsidiary of CITIC Securities. It turns out that CITIC Jiantou is Huaxia Securities, which was jointly acquired by CITIC Securities and China Yin Jian Investment due to violation of regulations.

CITIC Jiantou, formerly known as Huaxia Securities, was later acquired by CITIC Securities and Jianxin Investment, with 60% of CITIC Holdings. At present, CITIC Securities is a shareholder and wants to sell some shares. At present, the plan is still waiting for approval. In the future, CITIC Securities will only participate in CITIC Jiantou, instead of CITIC Jiantou, which is currently controlled. CITIC Jiantou should still be in the CITIC Department.

The LOGO of CITIC Jiantou has been replaced by the LOGO of CITIC Group. Now the general manager of CITIC Jiantou is the former general manager of CITIC Securities.

The company's main business scope is: acting as an agent to buy and sell securities (including domestic listed foreign shares); Acting as an agent to repay the principal and interest and pay dividends; Preservation and verification of securities.

Agency registration and account opening; Securities proprietary trading; Securities underwriting (including domestic listed foreign shares) (including lead underwriting); Customer asset management; Securities investment consulting (including financial consultant).