What are the financial cooperation activities with banks or securities companies?

1. There are many financial-related cooperation activities with banks or securities companies. For example, the most common ones are grass-roots cooperation, third-party depository business cooperation between bank outlets and the business department of securities companies, securities companies entrusting bank outlets to sell securities wealth management products, and both parties sending personnel to open accounts and handle cards. On the next level, the IPO department of the securities company cooperates with the bank to provide IPO listing services for a major customer; The self-operated investment department of securities companies cooperates with banks to design wealth management products and sell them through bank channels; Securities companies own and customer funds through bank custody and other means.

2. A securities company refers to a limited liability company or a joint stock limited company with independent legal personality, which is approved by the securities regulatory authority of the State Council in accordance with the provisions of the Company Law and the Securities Law.

3. The essence of finance is value circulation. There are many kinds of financial products, including banks, securities, insurance, trusts and so on. Finance involves a wide range of academic fields, including accounting, finance, investment, banking, securities, insurance, trust and so on.