Guosen Securities has outstanding market positions and competitive advantages in various businesses. In 2008, the brokerage business stock fund transaction volume ranked third in the industry, the investment banking business ranked first in the number of issuers, and the asset management business scale and realized profits ranked first. At the forefront of the industry. In the operating performance ranking of national securities companies hosted by the Securities Association of China, Guosen Securities was the only company with total assets, net assets, net capital, operating income, net profit, return on net assets, total principal amount of funds under entrusted management, and customers in 2007. All eight indicators of transaction settlement fund balance rank among the top ten securities companies, among which net profit ranks third. The market status of each business is as follows: Adhering to the development path of "high-quality business departments", the number of sales departments ranked 30th in the industry and ranked third in transaction volume; from 2005 to 2007, the total number of stock fund transactions ranked firmly Fourth, it entered the top three in 2008; its market share has been rising, reaching 3.22% in 2005, 3.76% in 2006, 4.36% in 2007, and 4.58% in 2008; the profitability of a single business department has always ranked high in the industry In the top two places, Guosen Securities accounted for 4 of the top 10 sales departments in the Shanghai Stock Exchange in 2008, and Guosen Securities accounted for 7 of the top 10 sales departments in the Shenzhen Stock Exchange. Since 2007, Guosen Securities has been the first in the industry to independently develop and promote mobile securities. By the end of 2008, the number of registered users of Guosen "Golden Sun" mobile securities has exceeded 500,000, making it a leading brand in the market.

3. Proprietary investment business

After Guosen Securities established the strategy of developing into low-risk and controllable risk areas, it moderately controlled the scale of its proprietary business. Under this premise, we actively explore investment models with the characteristics of securities companies, implement the investment manager responsibility system, and have basically formed a set of investment management systems and operating mechanisms that are different from fund companies and absorb the expertise of securities companies, and have strong investment capabilities. . In 2006, the return rate of investment business ranked among the top among securities companies; in 2007, the return rate continued to rank among the best among securities companies, ranking fourth compared with funds; in 2008, the risk was well controlled despite the huge market decline. Guosen Securities also actively explores alternative investment businesses and has achieved good returns in derivatives business such as warrant creation. Guosen Securities takes the lead in standardizing asset management business among domestic securities companies, manages customer assets with international standards and fund models, has standardized and stable operations, and has high investment returns, forming a good reputation in the market. Guosen "Golden Financial Management" has become a well-known and well-known brand in the market. A reputable financial management brand. From 2006 to 2008, the asset management business scale and product return rate ranked among the top three in the industry. In 2008, the scale of asset management business grew against the market trend and ranked among the top in the industry; the investment performance of six of the eight financial products ranked in the top quarter compared with funds. Among them, "Golden Financial Management" No. 3 ranked first among similar products of securities companies. 1. The profit realized by asset management business ranks first in the industry. At the same time, it is the first company in the industry to pilot the electronic integration of financial management products, and this innovation has been identified as an industry standard by the China Securities Regulatory Commission.

. The company has explored an operating model to obtain stable returns through risk arbitrage. In 2006, the company's business was at the forefront of the industry in terms of scale and profitability.

In 2007, the company established an alternative investment headquarters on the basis of the derivatives headquarters. It took the lead in the industry to try to develop alternative investment business and look for investment opportunities for risk arbitrage and steady returns on a larger scale.

In 2007, the alternative investment business achieved income of 2.21 billion yuan, including 1.121 billion yuan in warrant creation income. 13 warrant projects were created throughout the year, and the creation rate of return ranked among the top three in the industry.