Is Guolian Securities a state-owned enterprise or a private enterprise?

Securities companies are state-owned monopolies, so Guolian Securities is a state-owned enterprise. Guolian Securities Co., Ltd. was established in September 1992, formerly known as Wuxi Securities Company, and was renamed Guolian Securities Co., Ltd. through restructuring in May 2008.

As a state-controlled modern financial service enterprise, the company has been adhering to the business philosophy of "honesty, stability, openness and innovation" for many years. At present, it has four subsidiaries, Huaying Securities Co., Ltd., Guolian Bao Tong Capital Investment Co., Ltd., Wuxi Guolian Innovation Investment Co., Ltd. and Guolian Securities Co., Ltd., and shares in China Shipping Fund Management Co., Ltd., and the structure of securities financial holding group has begun to take shape.

Guolian Securities Co., Ltd. was established in June 1992 1 1, formerly Wuxi Securities Company, and was renamed Guolian Securities Co., Ltd. through restructuring in May 2008. It was listed on the Hong Kong Stock Exchange on July 6, 20 15 and on the Shanghai Stock Exchange on July 30, 2020.

Operating performance of Guolian Securities:

In 2003, the company ranked fourth in operating profit, first in operating profit margin and seventh in return on net assets. In 2004, the company ranked 13 in operating profit, 14 in operating profit rate and 16 in net profit. In 2005, the company ranked ninth in operating profit, eighth in operating profit margin and eighth in net profit.