From June 5438 to February 2005, China's first money brokerage company, Shanghai Guoli Money Brokerage Co., Ltd., was officially approved to start business. Up to now, there are five money brokerage companies in China, namely Shanghai Guoli Money Brokerage Company, Shanghai International Money Brokerage Co., Ltd., Ping An Li Shun International Money Brokerage Company, Zhongcheng Baojiesi Money Brokerage Company and Tianjin Xintang Money Brokerage Company.