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Guotai Junan Securities

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Guotai Junan Securities
Company typepartial state-owned enterprise
SSE: 601211
IndustryFinancial services
Founded1992
HeadquartersShanghai, China
Key people
YANG Dehong, Chairman of the Board
WANG Song,President
SHANG Hongbo,Chairman of the Supervisory Board[1]
ProductsInvestment banking, asset management, prime brokerage, investment management, retail brokerage, commodities
RevenueIncrease RMB 37.6 billion(2015)[2]
Increase RMB 22.1 billion(2015)
Increase RMB 16.7 billion(2015)
Total assetsIncrease RMB 454.3 billion(2015)
Total equityIncrease RMB 101.6 billion(2015)
WebsiteGTJA.com

Guotai Junan Securities Co., Ltd. (GTJA) is one of the largest[according to whom?] investment banks in the People's Republic of China.

Overview

Guotai Junan Securities Co. Ltd., was established on August 18, 1999 after the merger of former Guotai Securities Co. Ltd. (founded on September 10, 1992) and Junan Securities Co. Ltd. (founded on August 25, 1992), currently with registered capital of RMB 6.1 billion.

Since the beginning, Guotai Junan have based its services on clients’ needs. It is among leaders with most extensive business coverage, most widely distributed agencies and most customers served. Guotai Junan has 5 subsidiaries: Guotai Junan Financial Holding Co., Ltd. (registered in Hong Kong), Guotai Junan Futures Co., Ltd., Shanghai Guotai Junan Securities Asset Management Co., Ltd., GTJA Innovation Investment Co., Ltd. and Guotai Junan Allianz Fund Management Co., Ltd. The company has set up 26 branches, 193 securities outlets in 30 provinces, municipalities and autonomous regions across China.

Innovation-wise, Guotai Junan has led the trend in the industry. All over these years, its achievements have included: launching the first asset management business in 1993; firstly starting operation in Hong Kong in 1995; initiating research institute among securities companies in 1996; obtaining the first securities dealer qualification for agency share transfer and hosting offer in 2001; were among the first to have been approved to conduct QFII business in 2003; beginning to serve as primary dealer of the central bank open market, becoming a market maker in inter-bank bond market; the first ones that have got QDII qualifications and financial futures business qualifications in 2007; taking the lead in getting the qualification of equity investment and futures IB business in 2008; firstly obtaining the margin trading & securities lending qualification in 2010. In the same year, Guotai Junan International Holdings Limited (HKSE: 1788) under the administration of Guotai Junan Financial Holding Co., Ltd. was listed in the Hong Kong Stock Exchange, becoming the first public company under the Mainland brokers in Hong Kong, breaking the barrier. In March 2011, Guotai Junan International Holdings was selected in the Index constituent stock according to Hang Seng Hong Kong Composite Index, being the only one constituent stock of Chinese securities firms.

Guotai Junan is one of the first securities companies engaged in a variety of innovative services. As the exclusive financial consultant in realizing overall listing of SAIC Group: the first A+H IPO; the first bond product with a guaranteed floating return; the first asset backed security product; and, the first non-guaranteed local enterprises bond. It has also been the first to introduce quantitative investment concepts and trading strategies, managing the first hedge fund in China, leading the ways in derivatives products. We are the first investment bank conducting cross-border business and the first to gain the approval for RQFII. Furthermore, the number one brand in wealth management, Junhong Wealth Club, is under Guotai Junan as well.

During 2004–2011, the company has been top-ranked in World Brand Lab-China's 500 Most Valuable Chinese Securities Brands. While in 2008–2012, it has obtained Class A AA-level according to the securities classification of the China Securities Regulatory Commission for five consecutive years.

Subsidiaries

Business Scope

  • Brokerage
  • Proprietary Investment
  • Securities Underwriting and Sponsors
  • Securities Investment Consultancy
  • Finance Consultancy on Securities Investment and Trading
  • Fund Distribution
  • Margin Trading and Securities Lending
  • IB for Futures Companies
  • Asset Management (Subsidiary)
  • Equity Investment (Subsidiary)
  • Commodity/Financial Futures Brokerage (Subsidiary)
  • Fund Management and Establishment (Subsidiary)
  • Oversea Business(Subsidiary)
  • Other business approved by China Securities Regulatory Commission

See also

References