2. Huijin is a financial holding company, focusing on financial investment and investing in key domestic financial enterprises. It is a wholly state-owned company and a quasi-government organization.
3. The correlation between the above two is that CIC holds 0/00% equity of Huijin/KLOC, and Huijin holds equity of CIC.
4. The securities company is China Securities Finance Co., Ltd., a securities financial institution jointly established by Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository and Clearing Co., Ltd. with the approval of the state and the securities regulatory authorities in China .. The company was established on 201654381October 28th with a registered capital of 7.5 billion yuan. The main business responsibilities include: providing refinancing services for securities companies' margin financing and securities lending business, monitoring the operation of securities companies' margin financing and securities lending business, monitoring and analyzing the margin financing and securities lending transactions in the whole market, using market-oriented means to prevent and control risks, and other duties approved by China securities regulatory authorities.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.