In 2004, the company was incorporated in Kunming, Yunnan to mitigate risks in Yunnan securities, and in 2007, the company was listed on the Shanghai Stock Exchange. In recent years, Pacific Securities has continuously strengthened its capital strength through business accumulation and various financing and capital increase methods, and has successively successfully implemented targeted increases and allocations of shares. The company's main business currently includes securities brokerage business, credit business, securities investment business, investment banking business, asset management business, equity investment business, and securities research business. Corporate honors: On February 21, 2019, Pacific Securities won the 2018 Outstanding Non-Bank Institutional Trader of the Year by the Shanghai Bills Exchange. On December 22, 2018, Pacific Securities won the “2018 Most Promising Broker Asset Management” award during the annual financial industry list “2018 Oriental Wealth Ranking” selection event hosted by Dongfang Wealth Network and Tiantian Fund Network. By the end of the reporting period, the company had 100 branches, including 23 branches and 77 securities sales departments; a total of 1,704 employees, including 11 senior managers.