Investors: institutional investors and individual investors.

Institutional investors: government agencies, financial institutions, enterprises and institutions, and various funds.

Government agencies: Central Bank, China State-owned Assets Management Department and designated specialized agencies.

Financial institutions: securities institutions, banking financial institutions, insurance institutions, qualified foreign institutional investors, sovereign wealth funds and other financial institutions (including trust and investment companies, enterprise group finance companies, financial leasing companies).

Various funds: securities investment funds, social security funds, enterprise annuities and social welfare funds.

Intermediaries: securities companies, securities service agencies (including securities investment consulting agencies, financial consulting agencies, credit rating agencies, asset appraisal agencies, accounting firms and law firms).

Self-regulatory organizations: stock exchanges, securities associations and securities registration and settlement institutions.

5 Regulator: China Securities Regulatory Commission and its dispatched offices.