GD-450

```plaintext Changjiang Securities was founded in 1991 and is a nationwide, fully-licensed securities company approved by the China Securities Regulatory Commission (CSRC). It listed on the main board of the Shenzhen Stock Exchange in 2007 (stock code: 000783), becoming the 6th listed brokerage firm in China. After 27 years of relentless efforts, the company has developed into a comprehensive financial service provider with substantial strength, comprehensive functions, standardized management, and outstanding performance. As one of the first securities companies established in the Chinese capital market, Changjiang Securities has always been committed to putting customers at the center. Relying on its full range of business qualifications and leading industry service capabilities, it provides diversified, differentiated, and precise financial services to enterprises, individual investors, institutional investors, financial institutions, and government entities. The company has formed a securities finance holding group structure covering areas such as securities, funds, futures, asset management, private equity investment funds, alternative investments, and cross-border businesses. Under this structure, it owns seven wholly-owned or controlling/participating subsidiaries including Changjiang Brokerage, Changjiang Asset Management, Changjiang Capital, Changjiang Innovation Investment, Changjiang Futures, Changzhi International, and Changxin Fund. As of April 2018, the company has established 41 branch offices, 253 securities branches, and 21 futures branches across 135 major cities in all 31 provinces, autonomous regions, and municipalities directly under the Central Government of China, deeply expanding its domestic business market while expanding its international business network through its subsidiaries in Hong Kong. In recent years, the company has actively seized opportunities from the deepening reform and industry innovation development of the capital market. In an environment that is intensely competitive and rapidly changing, it has steadily advanced and innovated, significantly enhancing its overall strength. All major business lines have shown positive growth trends: it independently developed and continuously iterated China's first intelligent wealth management system for securities firms (iVatarGo), driving the digital transformation of retail customer services; its brokerage business market share has continuously increased, maintaining a stable ranking in the industry; its investment banking business has effectively fulfilled its role in direct financing, with IPO reserve projects reaching a record high; credit business scale has continued to increase, ranking among the top in the industry; businesses like the New Third Board and corporate bonds have entered the top ten in their respective markets; research strength and public fund commission market share have already ranked among the top echelons in the industry. Over the years, the company has consistently adhered to the compliance and risk management principles, establishing a comprehensive risk management system adapted to its business development. This has formed a standardized and systematic compliance and risk management process that effectively covers various departments, subsidiaries, branches, and business lines, spanning decision-making, execution, supervision, and feedback processes. All key risk control indicators have continuously met regulatory requirements, demonstrating strong risk resistance capabilities. During more than two decades of steady operation, the company has firmly positioned itself as a practitioner, advocate, and promoter of social responsibility. While creating wealth lawfully and compliantly, it has also given back to society. Leveraging the country’s first securities company charity foundation, the "Hubei Changjiang Securities Public Welfare and Charity Foundation," it has continuously engaged in charitable causes and actively participated in the national poverty alleviation campaign, earning the reputation of a responsible securities firm. It has won numerous honors such as "One of the Top Ten Influential Brands in the Chinese Securities Industry," "Best Social Responsibility Securities Firm," "One of the Top 100 Valuable Listed Companies in China," and "The Most Influential Securities Company in the Chinese Securities Market over 20 Years." These achievements have established a positive brand image for the company in the industry and the market. ```