State-owned enterprises mean that the actual controller is the State Council or the local people's government. A central enterprise refers to a central state-owned enterprise or a central state organ whose actual controller is SASAC. Since state-owned enterprises include central enterprises and central enterprises belong to state-owned enterprises, the actual controllers of the two are different. However, the ultimate controller of Great Wall Securities is the State Council State-owned Assets Supervision and Administration Commission, which holds 28.39% of the shares of Great Wall Securities Co., Ltd. Therefore, Great Wall Securities is actually controlled by SASAC and belongs to a state-owned enterprise.

The main businesses of Great Wall Securities include asset management, brokerage business, margin trading, investment banking, internet finance, over-the-counter market, asset custody and fund services, and stock options. The company has a professional research team to provide investors with research reports on macroeconomics, investment strategy, industry analysis and individual stock rating.