1. Different business scope: CITIC Securities' business scope includes securities investment consulting, professional financial consulting, securities underwriting and sponsorship, and securities self-operation. CITIC Jiantou is mainly engaged in corporate financing, mergers and acquisitions, securities brokerage, securities finance, fixed income, asset management, stock and derivatives trading. Generally speaking, the business scope of CITIC Securities is far wider than that of CITIC Jiantou.
2. Different time of establishment: CITIC Securities was established on June 25th, 1995, while CITIC Jiantou was established on October 2nd, 2005.
3. Different shareholders: CITIC Securities, the full name of the company is CITIC Securities Co., Ltd., the main shareholder of the company is China CITIC Co., Ltd., Mr. Zhang Youjun, the chairman, and CITIC Jiantou, the full name of the company is CITIC Jiantou Securities Co., Ltd., and the main shareholder of the company is Beijing Financial Holding Group Co., Ltd., Mr. Wang Changqing, the chairman.