Gong is a securities company under the China Merchants Group, which has a history of 100 years. It inherits the innovative spirit, market-based management philosophy, international operation model, and steady management style that the China Merchants Group has accumulated over a long period of time. After more than 30 years of development, it has become a first-class domestic brokerage firm with a full license for securities market business. China Merchants Securities initially publicly issued A shares in November 2009 and listed on the main board of the Shanghai Stock Exchange. In October 2016, it initially issued H shares and was listed on the main board of the Hong Kong Stock Exchange. The company's main business segments include wealth management and institutional business, investment banking business, investment management business, investment and trading business. Corporate honors: Best Cross-border ETF Market Maker, 2019 “Excellent Corporate Bond Underwriter”, CMS-RISK Smart Group's Integrated Risk Management Platform won the “2nd Prize of the 2019 Shenzhen Financial Innovation Award”, etc. As of June 30, 2024, the Company has established 265 approved securities sales departments and 13 branches in Beijing, Shanghai, Guangzhou, Shenzhen and other cities; it has 5 wholly-owned subsidiaries, namely China Merchants Securities International Co., Ltd., China Merchants Futures Co., Ltd., China Merchants Zhiyuan Capital Investment Co., Ltd., China Merchants Securities Investment Co., Ltd., and China Merchants Asset Management Co., Ltd.