Hualong Securities Co., Ltd. is a comprehensive securities operation institution sponsored by Gansu Provincial People's Government and approved by China Securities Regulatory Commission in May 1. In 2006, the company increased its capital and shares with a registered capital of1553.39 million yuan. The main shareholders are the State-owned Assets Supervision and Administration Commission of Gansu Provincial People's Government, Lanzhou Bank Co., Ltd., Shanghai Jiulongshan Co., Ltd., Gansu Electric Power Investment Group Corporation, jiuquan iron and steel (Group) Co., Ltd., China Spark Co., Ltd., Gansu Qilian Mountain Building Materials Holding Co., Ltd., Chongqing Jiangnan Financial Consultant Co., Ltd. and Yangpu Pulong Property Development Co., Ltd.