Bohai securities brokerage business started earlier and has a solid foundation. Up to now, there are 48 securities business departments in economically developed areas such as Tianjin, Shanghai, Beijing, Guangzhou, Shenzhen, Zhengzhou, Xi, Taiyuan, Suzhou, Jinan, Chongqing, Shenyang, Fuzhou, Shantou and Yantai. All business departments have opened the business of buying and selling A-shares, B-shares, funds, bonds and other securities of Shanghai and Shenzhen Stock Exchanges, providing customers with various entrustment methods such as transaction card self-help, hot key self-help, telephone self-help, remote self-help and online self-help.
investment banking
Investment banking is one of the core businesses of Bohai Securities.
Bohai Securities Investment Banking mainly includes:
● Serve as the lead underwriter and listing recommender for the initial public offering of joint stock limited companies and the issuance of new shares by listed companies.
● Being the lead underwriter and listing recommender of convertible corporate bonds issued by listed companies.
● Being the lead underwriter and listing recommender of corporate bond issuance.
● Served as financial consultant for enterprise restructuring, standardized operation, acquisition and merger, capital operation, etc.
● Being the initiator of the share-trading reform of listed companies.
As a sponsor, lead underwriter, listing recommender and issuer, he has completed the stock issuance and underwriting, listing recommendation and bond issuance of dozens of companies, and completed the financial consulting work of dozens of enterprises.
Fixed income business
Since its establishment, Bohai Securities has always attached great importance to the bond market, and established a fixed income headquarters to be responsible for the primary and secondary bond market business, with four sub-departments: underwriting department, investment department, research department and comprehensive department.
Since its establishment, the fixed income headquarters has followed the guiding principle of "high starting point and high standard" and formulated a set of rules and regulations for bond business in accordance with the principles of soundness, independence, mutual restraint, firewall and cost-effectiveness; According to the department's own operating characteristics, it has set up three monitoring lines of defense, which are progressive, unified in power and responsibility, strict and effective, and established a strict and effective risk management system. Through strict risk management, we can find the weak links of internal control in time, plug loopholes, eliminate hidden dangers, and maximize profits on the premise of ensuring asset safety.
Our company has initially established a set of bond marketing network and system based in Tianjin and radiating to Beijing, Shanghai, Shenzhen, Guangzhou, Suzhou, Xi, Zhengzhou, Taiyuan, Fuzhou, Chongqing, Jinan and other places, and has formed a customer group that has maintained a long-term cooperative relationship with our company. In recent years, the company has not only underwritten nearly10 billion yuan of national debt, but also actively intervened in the corporate bond market. Not only successfully completed the issuance of corporate bonds of Shenhua Group, Guangdong Nuclear Power, Ministry of Railways, Henan Expressway, BTG Group, citic guoan, Yankuang Group, Shanghai Chengtou, Wuhan Chengtou, Beijing Subway and Capital Airport, but also successfully issued Tianjin TEDA corporate bonds of 654.38+0.5 billion yuan as the lead underwriter. While completing the underwriting business, the company has made good achievements in the fields of treasury bonds, corporate bonds, short-term financing bonds, convertible bonds, treasury bond derivatives, capital market arbitrage and so on based on low-risk investment varieties in the securities market. Since the establishment of 200 1, the self-operated bond business has been profitable, and the spot and repurchase transactions of government bonds have been among the best in recent years.
Risk control business
The establishment of the company's risk control system is based on the Guidelines for Internal Control of Securities Companies and relevant national laws and regulations. The company has established a company-wide risk management system covering all businesses, improved the risk early warning and evaluation mechanism, developed and applied risk quantitative evaluation methods and models, and formulated systems, procedures and methods for identifying, measuring, monitoring and managing risks; We have established a risk control evaluation system, adhered to the dynamic and real-time risk supervision mode, comprehensively and continuously monitored all kinds of risks, and realized early warning and evaluation of business risks. It has created a risk management culture that strictly abides by the law and operates in compliance.
TEDA shares (000652) announced that the company intends to subscribe for additional shares of Bohai Securities according to the existing shareholding ratio, and subscribe for the share of capital increase abandoned by other shareholders. The company needs to increase its capital by 406 million yuan and subscribe for the capital increase share of Bohai Securities according to the existing shareholding ratio. According to Bohai Securities' calculation of shareholders' subscription intention, the board of directors is requested to authorize the management of the company to handle the capital increase within the limit of 450 million yuan.
If the capital increase of Bohai Securities can be completed, it is estimated that its share of the company's equity will be no higher than 27.74% and no lower than 27.04%.
According to the announcement, Bohai Securities plans to carry out a new round of capital increase and share expansion according to the needs of business development, and plans to issue 65.438 billion shares to existing shareholders at 654.38+0.5 yuan/share. TEDA shares hold 27.04% equity of Bohai Securities. In 20 10, Bohai Securities achieved a net profit of 337 million yuan, and the company's investment income from Bohai Securities was 90,735,300 yuan, accounting for 3 1.68% of the company's net profit.
At the same time, the company announced that according to the needs of the company's development strategy, in order to concentrate on the development of regional and financial equity investment industries, the company intends to sell 65,438+000% equity of Tianjin TEDA Garden Construction Co., Ltd., a wholly-owned subsidiary, to Tianjin TEDA Investment Holdings Co., Ltd., the actual controller. If this transaction can be completed, the company will no longer hold the equity of TEDA Garden.