Courses:
1997 is an important watershed in the brokerage industry. Although the salary and welfare of the employees of SEZ Securities are in the first echelon in China, the advantages of SEZ Securities-related businesses in the industry are not significant. In addition, at the end of 1990s, special economic zone securities occupied 800 million yuan in customer deposits, and there were a considerable number of entrusted financial management.
200 1, SEZ Securities increased its capital and shares to 600 million yuan, becoming a comprehensive brokerage firm. Later, it was renamed Jutian Securities, which means "a huge experimental field". Although the intention is good, the new name has not got rid of the old troubles. Jutian Securities is burdened with historical burdens such as entrusting financial management and occupying security funds, and it is faltering.
After five years of tossing, on May 8, 2006, Jutian Securities failed to complete the rectification on schedule, and there was a big funding gap in customer transaction settlement. The CSRC took measures to restrict its business and suspended its sponsorship and underwriting business. Since July 3, 2006, the company's securities account opening agency business has also been suspended.
After the market closed on June 3, 2006 at 5438+00 and/kloc-0, Jutian securities brokerage business and its securities business department were entrusted by China Merchants Securities. At this point, the first securities company in China suddenly withdrew from the market.