CITIC Securities Company Limited

CITIC Securities Company Limited is one of the first comprehensive securities brokerage firm in China approved by China Securities Regulatory Commission (CSRC). It was formerly known as CITIC Securities Limited. The company offers services like securities brokering; payment of principal, interest and dividends of shares; securities custody and authentication; account registration and opening; proprietary trading; underwriting (including domestic-listed foreign shares); asset management; and securities investment advice (including financial consulting). The company also carry out research business in relation to industries like transportation, petrochemical, electric power, construction, non-ferrous metal, auto-mobile and household electric appliances. The company operate its business in domestic market China. The company is headquartered at Beijing, China.The company reported revenues of (Renminbi) CNY 19,796.10 million during the fiscal year ended December 2008, a decrease of 39.88% from 2007. The operating profit of the company was CNY 9,542.67 million during the fiscal year 2008, a decrease of 51.94% from 2007. The net profit of the company was CNY 7,305.00 million during the fiscal year 2008, a decrease of 41.03% from 2007.