Is Great Wall Guorui Securities a state-owned enterprise?

China Great Wall Asset Management Co., Ltd. (referred to as China Great Wall Asset) was established on December 11, 2016 with a registered capital of 43.15 billion yuan. It is jointly funded by the Ministry of Finance of the People’s Republic of China and the National Social Security Fund. The Board of Directors and China Life Insurance (Group) Company jointly initiated the establishment. The company's predecessor was China Great Wall Asset Management Company, which was established with approval from the State Council in 1999.

Is Great Wall Guorui Securities a state-owned enterprise?

It is not a state-owned enterprise. Great Wall Guorui Securities Co., Ltd. (Great Wall Guorui Securities for short) was established in 1988. It is a securities platform under China Great Wall Asset Management Co., Ltd., and its business scope includes securities brokerage, securities asset management, securities investment consulting, securities investment fund agency sales, Distribution of financial products.

Introduction to Great Wall Guorui Securities

Great Wall Guorui Securities has established 23 securities business departments, 19 branches and 4 subsidiaries across the country. Great Wall Guorui Securities has formed the four major business positionings of "big asset management, big investment banking, big wealth, and big synergy", comprehensively promoted various business upgrades and brand creation, and has now become one of the fastest growing new securities companies in the industry.