Is Guolian Securities a state-owned enterprise or a private enterprise?

Guolian Securities is a state-owned enterprise. Guolian Securities Co., Ltd. was established in September, 1992, formerly known as Wuxi Securities Company. In May 2008, it was renamed Guolian Securities Co., Ltd. through restructuring, with a registered capital of 65,438.05 billion yuan. In June 2005, Guolian Securities obtained the qualification of normative securities company, and in September 2007, it obtained the qualification of innovative securities company. From 2008 to 2009, it was rated as Class A brokerage for two consecutive years. The company has over 300 employees/kloc-0, and has 48 securities business departments in Jiangsu, Shanghai, Beijing, Zhejiang, Guangdong, Guangxi, Chongqing, Shandong, Jiangxi, Hunan and other important regions.