China Galaxy Securities

China Galaxy Securities established on January 26, 2007 with a registered capital of RMB6 billion and a business scope covering securities brokerage, securities investment consulting, financial advisory for securities trading and securities investment, securities underwriting and sponsoring, securities proprietary trading and securities assets management. The promoters of their Company were Galaxy Financial Holdings, Beijing Tsinghua Venture Capital (currently known as Qingyuan Defeng), Chongqing Water, China General and CNBM. As of the date of establishment of their Company, Galaxy Financial Holdings contributed approximately RMB5,993 million to the registered capital of their Company and held approximately 99.89% of their Shares, while the other four promoters collectively contributed approximately RMB7 million of the registered capital of their Company and held approximately 0.11% of their Shares.

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