Can securities companies join?

Securities companies do not implement the franchise system. A securities company refers to a limited liability company or a joint stock limited company with independent legal personality, which is established with the approval of the the State Council securities regulatory authority in accordance with the provisions of the Company Law and the Securities Law and specializes in securities business.

Conditions for establishing a securities company:

1. Having articles of association that comply with laws and administrative regulations;

2. The major shareholders are profitable continuously, have a good reputation, have no record of major violations of laws and regulations within 3 years, and have net assets of not less than 200 million yuan;

3. Having registered capital that meets the requirements of this Law;

Tips: The above contents are for reference only.

Reply time: 202 1-09- 17. Please refer to the latest business changes announced by Ping An Bank in official website.

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