Are Zhong Da Securities Overseas or Domestic?

Overseas. Zhong Da Securities Investment Co., Ltd. (hereinafter referred to as Zhong Da Securities) is a member enterprise of Zhong Da Group Holdings Limited, a Hong Kong listed company. Zhong Da Securities is an overseas company because it is under the jurisdiction of the Hong Kong Securities Regulatory Commission and conducts business in Hong Kong. Generally speaking, the definition of "overseas" is not in China or its own region, so Zhong Da Securities is classified as an overseas company.