Founded in 1988, Haitong Securities Co., Ltd. (the “Company”) has been persevering with the business philosophy of “pragmatism, development, prudence and excellence” and the risk control brand of “being prudent and even conservative”, and has made progresses stably during the past more than 30 years. The Company had total assets of RMB694.1bn and net assets attributable to the parent company of RMB153.4bn at the end of Dec 2020, ranking the second in the securities industry. The Company has an excellent comprehensive business platform, a mature overseas business platform, a number of business outlets across 14 countries and regions on 5 continents covering the six international financial centers, namely New York, London, Tokyo, Shanghai, Singapore and Hong Kong, 343 securities and futures business outlets in China, more than 10,000 employees, nearly 18mn clients within and outside China and over RMB5.3tn of assets under its custody or management. In 2020, it generated revenue of RMB38.22bn, ranking the second in the securities industry, and made net profits attributable to the parent company of RMB10.88bn, ranking the third in the securities industry. It maintained the highest rating of A-AA from the CSRC.