Introduction of Shanghai Securities Co., Ltd.

Shanghai Securities Co., Ltd. was established in May, 20001.It is a national comprehensive securities company newly established by the merger of the former Shanghai Finance Securities Company and the securities headquarters of Shanghai International Trust Co., Ltd. The registered capital of the company is 26 1 000,000 yuan, and the shareholders are Shanghai International Group Co., Ltd. and Shanghai International Trust Co., Ltd. from June 5438, 2005 to 2005. At the same time, the company is also one of the core member enterprises of Shanghai International Group.