Established in March of 1993, with registered capital of RMB 1.1 billion, GF Futures Co., Ltd. was one of the first large-scale, domestic, industrial and commercially managed futures company in China. The Company is a wholly-owned subsidiary of GF Securities. The company is based in Guangzhou, with respective branches in Beijing, Shanghai, Zhengzhou, Zhuhai, Qingdao, Dalian, Nanning, Fuzhou, Wuhan, Xian, Foshan, Dongguan, Zhaoqing, Jiangmen, Zhongshan, Guangzhou, Harbin, Hangzhou, Wuxi, Shenzhen, Shantou, Chengdu, Guiyang, Kunming, Ningbo, and Xiamen.
In 2006, as approved by the regulatory bodies, a fully owned subsidiary of GF Futures Co., Ltd. was established in Hong Kong; in April of 2013, the Company also established a fully owned subsidiary in Shanghai; in July of 2013, through the Hong Kong subsidiary, the Company acquired a subsidiary commodity futures trading company (London) of the French Foreign Trade Bank: now GF Financial Markets (U.K.) Ltd., a Category 1 member of the London Metal Exchange (LME), with ICE, and LIFFE execution and clearing qualifications on all of the worlds major commodity exchanges.
GF Futures Co., Ltd. has a strong base in the Pearl River Delta, covers all of the major financial districts in China, and has a business network of global derivatives markets radiating from the Hong Kong subsidiary; the Company’s main services are: commodity futures brokerage, financial futures brokerage, futures investment advisory services, and asset management. Hong Kong and international commodity futures, foreign exchange, interest rates and index derivative services are all provided through the Hong Kong subsidiary.
GF Holdings (Hong Kong) Co., Ltd. was established in 2006, registered both in China and Hong Kong, with registered capital of HKD 1.44 billion.GF Holdings (Hong Kong) Co., Ltd., is comprised of: GF Securities (Hong Kong) Brokerage Co., Ltd., GF Financing (Hong Kong) Co., Ltd., GF Asset Management (Hong Kong) Co., Ltd., and GF Investments (Hong Kong) Co., Ltd. In accordance with the Hong Kong Securities Commission, the main business services provided are: brokerage, corporate financing, asset management, and investment services.
In 2014, the brokerage services, total entrusted assets, and the margin financing department all experienced substantial growth; the investment banking division completed 9 IPOs, and 3 successful merger and acquisitions; the asset management department and the scale of assets under management have all experienced sharp growth; direct investments, and the IT education training project were successfully listed on the NASDAQ exchange.
GF Securities (Canada) Co. Ltd., wholly owned by GF Securities, is the first Chinese securities company to establish subsidiary in Canada. Setting up our North American headquarter in Vancouver marks another key step in the process of our globalization. China and Canada are strongly complementary to each other in economy and trade. The prospects for Chinese companies investing in Canada and Canadian companies developing the Chinese market are both promising, and there is an increasing demand for investment banking services from the two sides. In recent years, a large number of Chinese immigrants have invested, studied and settled in Canada. In particular, Vancouver has been home to a large number of overseas Chinese, with great demand for wealth management and other financial services.
As the first Chinese securities firm to establish a subsidiary in Canada, We have successfully received a securities business license based on our growing business needs to serve the Chinese community in the areas of North America Securities Investment and other wealth management services, with an aim to develop into a full wealth management service provider.
Meanwhile, we strive to become a securities dealer with strong local market influence. Our long term strategy is to serve as a bridge connecting Chinese personal investment in Canada or the investment in Canada by Chinese enterprises and Canadian personal and corporate investment in the securities market in China and Hong Kong, and providing solutions for the capital markets.
GF Securities (Canada) Co. Ltd. became a member of the Canadian Investor Protection Fund (CIPF) and a member of Investment Industry Regulatory Organization of Canada (IIROC) in May 2015. GF Securities (Canada) Co. Ltd. provides services including North American securities trading, and consulting on products covering Canadian and US stocks, funds and bonds. GF Securities (Canada) Co. Ltd. "concentrates on, professional service for you" concept, by providing customized wealth management solution to our clients and offering bridge and consulting services to high net worth clients from the China mainland, Hong Kong and Canada in North American capital markets.
GF Xinde Investment Management Co., Ltd. was established in 2008 through the approval of the China Securities Commission on Direct Investment, with registered capital of RMB 2.3 billion.
GF Xinde is one of the leading direct investment brokerages in China. Through a deep understanding of capital markets, known for integrity, professional service, and possessing an abundance of industry resources; GF Xinde not only provides strong financial support to investing corporations, but imparts a wealth of advanced management experience and access to a national business network. Supported by the comprehensive strengths of GF Securities, GF Xinde will assist the invested enterprise with establishing a strategic, long-term plan for growth by increasing their management efficiency, building the ideal capital structure, and a strong platform necessary for a successful IPO.
All possible types of investments, merger and acquisitions, business, and technical cooperation opportunities will be provided for the invested enterprise. This will ensure the mutual benefits of both the Company and the invested enterprise are financially sound and increase the overall investment value through business synergies.
As a direct investment brokerage, GF Xinde provides distinct advantages in regards to investment resources, market research, professional expertise, mergers and acquisitions and IPO experience. As of December 2014, GF Xinde’s accumulated total assets under management exceeded RMB 5 billion, with 16 successful IPOs, ranking first amongst the industry in both scale and number of successful public offerings.
Currently, the Company has successfully created a number of diverse management funds: mezzanine funds, merger and acquisition funds, private equity funds, and other investment funds, covering but not limited to a wide range of industries, such as medicine, consumer stocks, and the internet.
Guangfa Qianhe Investments Co., Ltd. was established in May 2012 with registered capital of RMB 500 million. The Company was one of the earliest alternative investment companies to gain approval by the Securities Commission of China, and as of March 2015, the Company’s working capital had increased to RMB 2 billion.
Since the Company’s incorporation, great strides towards progressive management, diversifying income sources, private equity investments, and expanding into new industries have been taken: including equity industry funds, hedge funds, derivative products, exchange traded funds, and increasing equity shares in public and private companies; open market investments and non-standard bonds.
Exceptional industry performance has been GF Qianhe’s most sincere form of gratitude shown to customers and the parent company alike. Through a management philosophy guided by systematic, rational, and steady business growth, our investment platform as a securities company will continue to increase our brand recognition and competitive strengths as a leading alternative investment company.
As of the end of 2014, the Company had an accumulated total of 27 investment projects, with a total investment value of RMB 1.983 Billion; an actualized investment revenue of RMB 340.83 million, and a total of RMB 232.30 million in net profits; total assets of RMB 1.354 billion, and RMB 1.304 billion in net assets.
GF Securities Asset Management (Guangdong) Co., Ltd. is a fully owned subsidiary of GF Securities, with registered capital of RMB 500 million, and was the first subsidiary asset management company in South China. GF Asset Management was previously the asset management department of GF Securities and having engaged in the asset management industry since 2002, it was one of the first securities company to domestically develop their asset management services.
GF Asset Management Co. fully undertook all of the responsibilities and business of GF Securities’ Asset Management department. The Company has actively engaged in applying for all of the certifications necessary to issue public funds, including but not limited to a variety of equity investments, asset securitization, project financing, financial trade, diverse fixed-asset investments, QDII services, and quantitative investment.
As of December 2014, total assets under management reached RMB 196.777 billion, with consolidated assets of RMB 48.043 billion, ranking 3rd in the industry based on scale, and ranking 6th based on net profits.
GF Fund Management Co., Ltd. was established in 2003 with registered capital of RMB 126.88 million. As approved by the Securities Commission of China, the Company has become a professional asset management company with the headquarters situated in Guangzhou. GF Securities has the largest equity stake at 51.135%, making it the largest shareholder.
GF Fund adheres to a management philosophy of “professionally created value, and always putting the customer first”. Equity funds and active investment, paired with fixed-income capabilities, and an independent research team, contributes to our exceptional results, aiming to be a respected industry leader amongst comprehensive asset management firms.
As of the end of 2014, the scale of public funds under GF Fund was 127.6 billion units, with total fund assets valued at RMB 133.5 billion, ranking 8th among 94 asset management companies.
E Fund Management Co., Ltd., was established in 2001 in accordance with the approval of the Securities Commission of China, with registered capital of RMB 120 million. The main headquarters is situated in Guangzhou, and GF Securities is the largest shareholder holding 25% of the equity shares.Through a management philosophy of solid regulation and steady growth, equity investments, fixed-income, derivative products, and alternative investment strategies are combined to give investors the best returns on their investments. E Fund continues to expand its retail and institutional client base, providing