With the decision of State Council and the approval of China Securities Regulatory Commission (hereinafter “CSRC”), China Securities Finance Co., Ltd. (hereinafter “CSF”), as a financial institution specialized in securities, was jointly founded by Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited. At its incorporation on October 28, 2011, CSF had an initial registered capital of RMB7.5 billion yuan. After the first capital expansion, it now has a registered capital of RMB12 billion yuan, with shareholders as Shanghai Stock Exchange, Shenzhen Stock Exchange, China Securities Depository and Clearing Corporation, Shanghai Futures Exchange, China Financial Futures Exchange, Dalian Commodity Exchange, and Zhengzhou Commodity Exchange.

 

As the only institution that provides margin financing loan services to qualified securities companies in China’s capital market, CSF aims to facilitate the margin transactions of securities companies in market operation methods, improve China’s margin transactions system, complete the functions of China’s capital market, and promote the stable development of the same. Our business activities include the margin financing loan services that provide funds and securities for margin transactions, the raising of funds and securities to facilitate such services, and other businesses approved by CSRC.