The Relationship between Zhongtai Securities and Guotai Junan

There is no direct relationship between the two. According to the query, the enterprise views the public information display. Zhongtai Securities and Guotai Junan are two independent securities companies, and there is no direct equity relationship between them. Zhongtai Securities was established in 2003 by a joint venture between Taikang Group in China and Bank of China Group in Thailand. Guotai Junan Securities was established in 1995. It is a joint venture between China International Capital Corporation (IFC) and Taiwan Province Junan Securities Co., Ltd. Although the names of the two companies both contain the words "Thailand" and "An", there is no substantive relationship or cooperative relationship between them.