Ralph Cheng

Caitong Securities Ltd

Caitong Securities Co., Ltd is registered in Hangzhou, China. The Company owns the registered capital of 18 billion RMB, more than 80 brokerage outlets (spreading over Beijing, Shanghai, Shenzhen, Fuzhou, Qingdao, Dalian, Nanjing, Wuxi, Chongqing and across the Zhejiang Province), and over 2000 employees. The Company has a controlling stake in Yongan Futures Co., Ltd., Caitong Fund Management Co., Ltd. and Caitong International (Hong Kong). Moreover, the Company shares Zhejiang Equity Exchange. The company's business covers securities brokerage, securities proprietary, securities underwriting and sponsor services, asset management, investment advisory service, margin trading and securities lending, securities investment fund distribution, intermediary service for futures companies and other businesses approved by China Securities Regulatory Commission.