The company is one of the oldest, most fully licensed and large-scale comprehensive brokerage firms in China. It was founded on August 18, 1999 by the former Cathay Pacific Securities and the former Junan Securities, both founded in 1992, through new mergers, capital increases and stock expansion. The company was listed on A-shares in June 2015, and H-shares were listed in April 2017, achieving an A+H international capital structure. Shanghai State-owned Assets Management Co., Ltd. is the controlling shareholder of the company, and Shanghai International Group Co., Ltd. is the actual controller of the company. The main business segments include wealth management business, investment banking business, institutional and trading business, investment management business, and international business. Corporate honors: 1st prize of the Shanghai Financial Innovation Achievement Award, the first large-scale brokerage firm to achieve centralized trading and centralized clearing, the first domestic exclusive issuance consultant for ABS securities, etc. It has received the highest AA regulatory rating in the industry for 16 consecutive years. The MSCIESG rating jumped to BBB, and won honors such as Best Brand Value Award of the Year, ESG Financial Award of the Year, China Fund Industry Yinghua Award - Public Fund Sales Model Broker for 25 Years, 2023 Securities Industry Golden Bull Award “Golden Bull Wealth Management Team”, Fintech Development Award, ESG Finance Annual Award, Securities Company of the Year, and Golden Bull Securities. By the end of the reporting period, the Group had 37 securities branches, 27 futures branches, and 346 securities sales departments in China.