Wei Lu

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.

Essence Securities Co. Ltd. (Broker) (Essence Securities-Broker) is the broke/dealer division of Essence Securities Co. Ltd., an investment bank headquartered in Shenzhen, China. It was founded in 2006 and is owned by SDIC Capital Co., Ltd. (SHA: 600061). The firm provides securities broking and trading services to retail clients.