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Is Qilu Securities Private or State-owned?
Qilu Securities Co., Ltd. (hereinafter referred to as Qilu Securities) is a large-scale comprehensive securities company approved by China Securities Regulatory Commission and funded by Laiwu Iron and Steel Group Co., Ltd., Yankuang Group Co., Ltd. and Jigang Group Co., Ltd., with a registered capital of 52120,000 yuan and more than 5,000 employees in Beijing, Shanghai, Tianjin, Chongqing, Guangzhou, Shenzhen, Nanjing, Fuzhou, Xiamen, Wuhan and Nanjing. By the end of 2009, the company had total assets of 44.9 billion yuan and net assets of 1 1 billion yuan.
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