Meng Chen

Capital Securities Co., Ltd. (Capital Securities) is the brokerage subsidiary of Beijing Capital Group Co., Ltd., itself a subsidiary of Beijing State-Owned Assets Supervision & Administration in China. Established in 2000, the firm is based in Beijing and provides a range of investment management services to institutional and individual investors. They have branches and security exchanges in Shanghai, Shenzhen and other large and medium-sized cities.

Minsheng Securities Co., Ltd. is a subsidiary of Minsheng Securities Co. that was established in 2012 and is a Chinese private equity investment fund management company approved by the China Securities Regulatory Commission. The company is based in Beijing, China. and has subsidiaries in China. It has a full range of business qualifications approved by the China Securities Regulatory Commission, including securities brokerage, underwriting, and sponsorship. The company was founded in 1986 and has a registered capital of 4,580,607,669 yuan. The CEO is Xiao Quan Zhou. Minsheng Securities Co. was acquired by Minsheng Securities Co. Ltd. /Private Group/ from Oceanwide Holdings Co., Ltd. (Beijing) on October 21, 2020 for $616.93 million.