Introduction of Japan Daiwa Securities SMBC Co., Ltd.

Daiwa Securities SMBC Co., Ltd. is a top investment bank in Japan jointly funded by Daiwa Securities Group, one of Japan's three largest securities companies, and Sumitomo Mitsui Financial Group, one of Japan's most influential commercial banks. It is the core enterprise of Daiwa Securities Group. Daiwa Securities, the predecessor of Daiwa Securities Group, was founded 100 years ago. It is one of the oldest securities companies in Japan and has been in the leading position in the industry since its birth. As the largest bank-securities joint venture in Japan, Daiwa Securities SMBC Co., Ltd. combines the advantages of securities companies and commercial banks, and provides our customers with the most innovative, high-quality and all-round financial services with its strong comprehensive strength.