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Guosen Securities

Guosen Securities Company Limited ("Guosen Securities", "GSEC" or Chinese: 国信证券) is a Chinese state-owned financial services company headquartered in Shenzhen, China, with more than 70 branches and 11,500 employees nationwide. It has offices in 47 major cities in China including Shenzhen, Beijing, Guangzhou, Foshan, Nanjing, Shanghai, Tianjin and Hong Kong. Guosen Securities provides sales and trading, investment banking, research, asset management, private equity, and other financial services with both institutional and retail clients in China and Hong Kong. It also operates a trading platform called GuoXin TradingStation.

The company's heritage can be traced back to 1989, when it was originated from the Shenzhen International Trust and Investment Securities Business Division. In 1996, it became an independent corporation and was renamed as Guosen Securities. As of 2011, 40% of its shares are held by Shenzhen International Holdings as the major shareholder, an investment holding institution jointly owned by Shenzhen provincial government and Cheung Kong Holdings.

In 2011, Guosen Securities gained the second largest market share of 8.8 percent in domestic equity offerings and the 18th market share of 0.9 percent in global equity offerings.

1989 – Guosen Securities was originated from the Shenzhen International Trust and Investment Securities Business Division ("SITIS Business Division"), which was one of the three earliest securities business divisions in China's securities market.

Early 1990s – SITIS Business Division accounted for more than 30 percent of the total trading volume of the Shenzhen Stock Exchange.

1994 – Shenzhen International Trust and Investment Securities Company Limited ("SITIS Company") was officially established with registered capital of RMB 100 million. In spite of a two-year bearish market in China, the company still operated without suffering losses.

1996 – As Shenzhen government aimed to stimulate local securities market, SITIS Company underwent a restructuring and was renamed as Guosen Securities.

1997-1999 – Guosen Securities' registered capital was raised to RMB 2 billion after twice capital injections from shareholders in 1997 and 1999.

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