Yaocai Securities was founded in 1995 and listed on the main board of the Stock Exchange in 2010 (Yaocai Securities Financial Group Limited, Hong Kong stock code: 01428). Through its wholly-owned subsidiaries, Yaocai Securities International (Hong Kong) Limited and Yaocai Futures & Commodities Limited, it provides customers with comprehensive and professional brokerage services. The business covers Hong Kong stocks, US stocks, Chinese B shares, Singapore stocks and Taiwan stock trading, Hong Kong stock options, global futures, IPO, and margin financing. With an efficient and stable online trading platform, diversified trading channels and ultra-low commission fees, the company has developed rapidly. It has branches all over Hong Kong, Kowloon and the New Territories, and has more than 200 employees. The company aims to be “customer first, service first”, and is committed to providing “tea restaurant fees, six-star service” securities and futures trading services. Since the Hong Kong government abolished the “minimum commission system” in 2003, the company immediately took the lead in drastically reducing the commission fee from 0.25% to 0.05%. Since then, the number of customers has grown rapidly. In 2006, it became a member of Group B of the Stock Exchange (ranked 15th to 65th brokerage firm in terms of market turnover), and its market share has continued to grow. The number of customers has now exceeded 0.08 million. The company implements low commission charges, which greatly saves customers transaction costs. Currently, the commission fee for the company's online securities trading service is as low as 0.01%, and the commission fee for online trading of Bull and Bear Securities and Warrant Loans is a flat rate of HK$4.88 per transaction, which has stabilized the status of “Equal Broker”. The company invests a large amount of resources to develop an online trading system, and has multiple backup lines to ensure stability and security to meet the huge transaction volume. Our customer service team has more than 100 account directors to answer hotlines and quickly handle customer transaction instructions and inquiries, so that customers can invest with peace of mind. Successfully listed on the main version of the exchange, listing number: 1428 Branches span the entire Hong Kong Yaocai Securities branch network covering the core area of Hong Kong. Most of them operate for seven days, breaking industry traditions and striving to improve customer service and bring convenience to customers. Branches often hold various types of investment seminars to provide customers with the latest investment information free of charge and add value to customers. In 2010, the company launched the live webcast channel “Yaocai Finance Channel” (www.bschannel.com). The program was hosted by senior stock critic Mr. Guo Sizhi (Executive Director and Marketing Director of the Company) and a number of analysts to broadcast the latest financial information and analysis through the website and branch TV screens, and answer the audience's investment questions, so that the audience can thoroughly grasp market trends and invest more easily. The long-term goal of Yaocai Securities is to develop into a leading financial institution serving the world. We will continue to actively expand our business and customer base, and strive to increase diversified and international services and investment products to bring innovation to the peak of the company's future development. The company is currently looking for opportunities to develop the domestic market, and is also preparing to develop asset management and precious metals business.