On August 13, Hefu Wenhua Securities was established. Because Wenhua Futures, a subsidiary of Wenhua Holdings, was approved by the China Securities Regulatory Commission, the Hefei Business Department of Wenhua Futures Co., Ltd. was established in Hefei on August 16, and its address is on the third floor of the office building of China Mobile Hefei Branch, Tibet Road, Baohe District, Anhui Province. So on August 13, Hefu Wenhua Securities was established.