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What is the difference between CITIC Securities and CITIC Construction Investment?

CITIC Construction Investment was formerly known as China Securities, and was later acquired by CITIC Securities and CCB Investment, with CITIC holding 60%.

Now CITIC Securities is subject to one participation and one control, and it has to sell some shares. The plan is still awaiting approval.

In the future, CITIC Securities will only invest in CITIC Construction Investment, instead of holding the current controlling stake in CITIC Construction Investment, and it should still be within the CITIC family.

The LOGO of CITIC Construction Investment Corporation has been replaced by the LOGO of CITIC Group.

The current general manager of CITIC Construction Investment is the former general manager of CITIC Securities.

The main business scope of the expanded information product service company is: agency trading of securities (including domestically listed foreign-invested stocks); agency for securities principal and interest payment, dividend distribution; agency custody and authentication of securities; agency registration and account opening; self-operated trading of securities

; Underwriting (including lead underwriting) of securities (including domestically listed foreign shares); client asset management; securities investment consulting (including financial advisory).

The company has long been adhering to the principle of "sound operation and courage to innovate" and has maintained or achieved leading positions in several business fields.

In 2007, the company's stock underwriting market share was 20%, ranking second; the corporate bond and financial bond underwriting market share was 20%, ranking first; the company and its holding company's combined stock fund transaction volume market share was 8.08%, ranking first;

The total assets managed by the company's holding funds accounted for 8.07% of the market share, ranking first; the RMB collective financial management net asset value market share was 15.7%, ranking first; the total market share of warrant creation was 29%, ranking first; the research team continues

Ranked first by a large margin.

CITIC Securities' subsidiaries include CITIC Construction Investment Securities Co., Ltd., CITIC Jintong Securities Co., Ltd., CITIC Wantong Securities Co., Ltd., CITIC Securities International Co., Ltd., China Asset Management Co., Ltd., CITIC Fund Management Co., Ltd., and China Securities Futures Co., Ltd.

The company, Jinshi Investment Co., Ltd., CITIC Industrial Investment Fund Management Co., Ltd., CITIC S&P Index Information Services (Beijing) Co., Ltd. and other subsidiaries.

Including its subsidiaries, CITIC Securities has a total of 165 securities business departments, 61 securities service departments and 4 futures business departments in China.

In 2008, the company's stock underwriting market share was 17.39%, ranking first; the bond underwriting market share was 12.15%, ranking first; the company and its holding company's combined stock fund trading volume market share was 8.56%, ranking first; the company's holding fund exchange

The combined market share of assets under management is 10.29%, ranking first; the research team continues to rank first.