Caitong Securities Co., Ltd. is registered in Hangzhou, China, and its predecessor is Zhejiang Finance Securities Company, which was established in May 1993. In June 23, according to the spirit of relevant documents of the State Council, it was restructured into Caitong Securities Brokerage Co., Ltd. In October 26, the company absorbed Tianhe Securities Brokerage Co., Ltd.. On June 29th, 27, the provincial party committee and government made it clear that the company was a state-owned enterprise directly under the province, and the provincial government authorized the provincial SASAC to supervise it. In September, 27, the company controlled yongan futures Brokerage Co., Ltd. In March 29, with the approval of China Securities Regulatory Commission, it was renamed Caitong Securities Co., Ltd. The registered capital of the company is 1.127 billion, and there are 36 business outlets (mainly distributed in cities and counties in the province).
the business scope of the company is: securities brokerage, securities self-management, securities underwriting, securities investment fund consignment and sponsorship, securities asset management, securities investment consulting, providing intermediary services for futures companies and other businesses approved by China Securities Regulatory Commission.
business philosophy: Caitong Securities will adhere to the concept of "standardized operation and steady development", rely on Zhejiang's rich financial resources and good financial ecology, base itself on and serve Zhejiang, focus on expanding securities underwriting and sponsorship and securities investment consulting business based on brokerage business, and strive to develop into a standardized governance, moderate scale, comprehensive business, sufficient capital, flexible mechanism, rich talents, strong risk control and regional competitive advantage.
IB business: Caitong Securities said on October 29th, 28 that its qualification to provide intermediary services for futures companies has been approved by China Securities Regulatory Commission.
It is understood that Caitong Securities started the preparatory work for IB business as early as after holding yongan futures, Zhejiang. In September 27, the company held a stake in yongan futures, Zhejiang Province. According to the policy of China Securities Regulatory Commission on actively and steadily developing stock index futures, the company focused on risk control, technical construction and training, and began to carry out the preparatory work for IB business, and conducted several rounds of technical testing and training activities.
Zheshang (this should be Caitong, not Zheshang) Securities said that it would take this IB business qualification as an opportunity to join hands with yongan futures to vigorously carry out technical preparation and related research work. Strive to provide more professional services for stock index futures customers after the introduction of stock index futures.