According to the Regulation on Classified Supervision of Securities Companies, securities companies are classified into five categories: A(AAA, AA, A), B(BBB, BB, B), C(CCC, CC, C), D and E, with the level of 1 1.
Companies at all levels in categories A, B and C are normal operating companies, and the division of categories and levels only reflects the relative level of risk management ability and compliance management level of companies in the industry. Class D and E companies are companies whose potential risks may exceed the company's tolerable range and take risk disposal measures according to law.