Securities brokerage business, also known as agent buying and selling securities business, refers to the business that securities companies buy and sell securities on behalf of customers. In securities brokerage business, securities companies only charge a certain percentage of commission as business income. At present, China's public offering and listing of stocks, corporate bonds, warrants and other securities are conducted in an open and centralized way. Securities companies engage in brokerage business mainly through the stock exchange to buy and sell securities on behalf of customers. Securities underwriting refers to the behavior of securities companies issuing securities on behalf of securities issuers. Where the securities publicly issued by the issuer to unspecified objects should be underwritten by a securities company according to laws and administrative regulations, the issuer shall sign an underwriting agreement with the securities company. Securities underwriting business can be commissioned or underwritten. Securities underwriting refers to the underwriting method in which a securities company buys all the securities of the issuer according to the agreement or buys all the remaining securities after selling by itself at the end of the underwriting period. The former is underwritten in full, and the latter is underwritten in balance. Securities consignment refers to the underwriting method in which securities companies sell securities on behalf of issuers and return all unsold securities to issuers at the end of the underwriting period.
Financial consulting business refers to consulting, suggesting and planning business related to securities trading and securities investment activities. Specifically, it includes: providing consulting services such as restructuring, asset restructuring and early counseling for enterprises to apply for securities issuance and listing; Providing consulting services for major investments, mergers and acquisitions, related transactions and other businesses of listed companies; Provide consulting services for legal persons, natural persons and other organizations to acquire listed companies and related asset restructuring and debt restructuring; Provide consulting services for listed companies to improve corporate governance structure, design executive stock options, employee stock ownership plans, investor relations management, etc. Provide consulting services in financing planning, scheme design and roadshow promotion for capital operations such as refinancing, asset restructuring and debt restructuring of listed companies; Provide consulting services for creditors and debtors in debt restructuring, asset restructuring and related equity restructuring of listed companies, as well as other business forms recognized by China Securities Regulatory Commission.