CITIC Securities Co., Ltd. (CITICS) was incorporated in Beijing on October 25, 1995.Upon approval of Chinese Securities Regulatory Commission (CSRC) on December 13, 2002, CITICS undertook an initial public offering (IPO) of 400 million common A shares. On January 6, 2003, CITICS (Ticker: 600030) was listed on the Shanghai Stock Exchange. On October 6, 2011, CITICS (Ticker: 6030) was listed on the Hong Kong Exchange.
The business scope of the Company covers: securities brokerage (for areas other than Shandong Province, Henan Province, Tiantai and Cangnan Counties of Zhejiang Province); securities investment consulting; financial advisory services related to securities trading and securities investment activities; securities underwriting and sponsorship; securities proprietary business; securities asset management; margin financing and securities lending; securities investment fund sales agency; distribution of financial products; and stock options market making.
As of 31 December 2018, CITIC Corporation Limited is the shareholder holding more than 5% of the total shares of the Company (percentage to the total number of shares is 16.50%). Leveraging the synergy of CITIC Limited, CITIC Bank, CITIC Trust, and CITIC Prudential, the Company provides comprehensive financial services home and abroad, together with CITIC International Financial Holdings Limited.
CITICS holds controlling stakes in six principal subsidiaries, namely: CITIC Securities(Shandong) Limited, CITIC Securities International Co., Ltd, CITIC Futures Co., Ltd, GoldStone Investment Co., Ltd., China Asset Management Co., Ltd, and CITIC Securities Investment Co., Ltd, and holds non-controlling stakes in two principal non-controlling subsidiaries, namely CITIC PE Fund, and Jiantou Zhongxin Asset Management Co., Ltd.
Since the A share IPO, the Company completed two secondary offerings. The Company issued 500,000,000 A Shares by private placement and 334,000,000 A shares by public offering respectively in 2006 and 2007, and raised around RMB4.6 billion and RMB 25 billion subsequently. After two capitalization issue, the total number of issued Share of the Company increased to 6,630,467,600 in April 2008 and 9,945,701,400 in June 2010. The Company completed the H-share IPO in September and October of 2011, and the total number of issued Shares of the Company increased from 9,945,701,400 to 11,016,908,400, of which 9,838,580,700 Shares were A Shares and 1,178,327,700 Shares were H Shares. In June 2015, the Company completed its non-public issuance of H shares and the total share capital of the Company increased to RMB12,116,908,400. As of 31 December 2018, the Company recorded a total asset of RMB653.1 billion, equity of RMB153.1 billion, and net capital of RMB92 billion.