Is Wanlian Securities a state-owned enterprise?

Yes According to the quick search encyclopedia, Wanlian Securities Co., Ltd. was approved by the securities regulatory authority of China Securities Regulatory Commission on August 23rd, 20001year. It is a wholly state-owned enterprise funded by powerful state-owned asset management companies and investment companies, and is the first standardized securities company in Guangdong Province. The business scope of the company includes: acting as an agent to buy and sell securities (including domestic listed foreign shares); Acting as an agent to repay the principal and interest of securities and pay dividends; Securities custody and certification; Agency registration and account opening; Securities proprietary trading; Securities underwriting (including main underwriting); Securities investment consulting (including financial consultants); Other businesses approved by China Securities Regulatory Commission.