The company was approved by the China Securities Regulatory Commission and registered by the State Administration for Industry and Commerce with a registered capital of 4.5 billion yuan. The company is a wholly state-owned company, with People's Republic of China (PRC) and the Ministry of Finance as investors. From August 2000 to March 2003, the Central Financial Working Committee was the superior department in charge of the company. In March 2003, after the Central Financial Working Committee was abolished, the company was headed by China Securities Regulatory Commission. The board of supervisors stationed in key state-owned financial institutions in the State Council supervises the major business matters of the company.
The business scope of the company includes: securities brokerage; Securities investment consulting; Financial advisers related to securities trading and securities investment activities; Securities underwriting and sponsorship; Securities self-management; Securities asset management.
Headquartered in Beijing, the company has 167 securities business departments, 47 service departments and 2 14 business outlets. The marketing network is distributed in 62 central cities in 29 provinces, autonomous regions and municipalities directly under the Central Government, directly serving more than 4 million customers with total assets exceeding 500 billion yuan. It owns galaxy futures brokerage company.