Donghai Futures, formerly known as Jian Zheng Futures Brokerage Co., Ltd., was formed by the merger and reorganization of two futures companies, Jiangsu Changxin and Changzhou Jian Zheng, on1June 1999 10, and was acquired by donghai securities on1October 20, 2006, becoming a wholly-owned subsidiary of donghai securities. The relationship between Donghai Futures and donghai securities is parent-subsidiary relationship.