Jun 'an Incident-Introduction to Jun 'an

Judging from the company's profits and shareholders' income, the net profit of 1997 reached a record 7 1 1 billion yuan, which is the highest among domestic securities firms (there are rumors that the actual profit level is much higher than this). By the end of 1997, the company's total assets had reached 175 billion yuan and more than 2,300 employees.

1996165438+10, Jun 'an Securities Company's application for capital increase and share expansion was approved by the People's Bank of China, and its registered capital was increased from 50 million yuan to 700 million yuan, which was controlled by Shenzhen Xinchangying Investment Development Co., Ltd. and Shenzhen Taidong Industrial Co., Ltd. After the capital increase and share expansion, the original shareholders of China Agricultural Bank Shenzhen Trust and Investment Company and CITIC Industrial Bank Shenzhen Branch withdrew.