Established in 1991, GF Securities is one of the first, full-service securities companies in China. It was successfully listed on the main boards of the Shenzhen Stock Exchange (000776.SZ), and the Hong Kong Stock Exchange (1776.HK), in 2010 and 2015 respectively. GF Securities is positioned as a comprehensive capital market service provider that focuses on China's outstanding enterprises and high-net-worth individuals with industry-leading innovation capabilities.
The group provides diverse financial services to enterprises, individuals (primarily high-net-worth individuals), institutional investors, financial service organizations and government entities. To meet various service needs of our clients, we are fully licensed to provide comprehensive coverage across four major business lines: investment banking, wealth management, trading and institutional client services, and investment management. The various main businesses of GF Securities have achieved balanced development and rank among the top in the industry for years in terms of main operating indicators, especially the number of equity financing projects for which the Company acted as a lead underwriter, as well as the research capability. As of December 31, 2018, GF Securities operates 264 brokerage branches, providing extensive services to cities and autonomous regions of 31 provinces throughout China.
GF Securities has formed a financial group structure, enabling itself to boost the customer service continuously: It holds GF Futures., GF Fund Management, GF Holdings (Hong Kong), GF Xinde, GF Qianhe and GF Asset Management, participating stock in E Fund (the largest shareholder), E-Capital Transfer Co., Ltd, China Securities Credit Investment Co., Ltd., and China Securities Interagency Quotation System Co., Ltd.
GF Securities is reputed as: "The Legion Ph.D." amid capital markets. Its benign corporate culture strengthens the company's cohesion. GF Securities' risk management capabilities are at the forefront of the industry and have been repeatedly confirmed along with its development. It is one of the first batch of pilot compliance management securities companies selected by China Securities Regulatory Commission, and one of the industry's earliest securities companies to implement the comprehensive risk management strategy. GF Securities also attaches importance to the significance of innovation on the company's long-term and sustainable development. It has been committed to various innovations such as management, business, service, and technological innovations, and has gained sound performance.
GF Securities always upholds the core values of "Inquisitiveness and Integrity, Client-focused and Cooperation", and implements the business management philosophy of "Steady Growth, Continuous Innovation; Result Orientated, and Efficient Collaboration". It has strived to explore, forged ahead, and withstood the tests along with development. For many years, we have continuously been one of the most influential capital market player throughout China, for the outstanding performance and steady growth thanks to our thorough risk management and exceptional services.
Since 1994, main operating indicators of the group including total assets, net assets, net capital, operating revenue and net profit have been ranked top ten among all securities companies in China. As of December 31, 2018, the group's total assets reached RMB 389.106 billion, and equity attributable to owners of the Company was RMB 85.018 billion. The operating revenue of 2018 reached RMB 15.270 billion; the net profit attributable to owners of the Company was RMB 4.3 billion. We have always ranked among the top of the securities industry in terms of capital strength and profitability, and our market capitalization tops the list among all listed securities companies in China.
While pursuing the exceptional business performance and the improvement of market standings, GF Securities simultaneously continues to enhance its reputation and brand influence. From 2015 to 2018, GF Securities has been in the front rank among Chinese securities companies appraised by Hurun Report for 4 consecutive years. The reputation and brand influence of GF Securities have been further enhanced through actively fulfilling social responsibilities via GF Securities Social Charity Foundation in Guangdong Province, dedicated to poverty relief and promoting financial support for education.