CICC is a non-bank financial institution in China, mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital and project financing. The largest shareholder of CICC is central huijin Investment Co., Ltd., which makes CICC have an important position and influence in the capital market. According to the administrative level of China municipal government, CICC belongs to the vice-ministerial unit. This means that CICC is in a higher position in China's administrative system and enjoys corresponding rights and responsibilities.