Haitong Securities Company Limited (Haitong Securities) is the only large-scale securities company among the earliest securities companies in China that has not been renamed or capitalized, and was founded in 1988. The company's predecessor was Shanghai Haitong Securities Company, which was restructured into a limited liability company in 1994 and developed into a nationwide securities company.At the end of 2001, the company was restructured as a joint stock limited company as a whole.In 2002, the company completed a capital increase, and its registered capital increased to 8.734 billion yuan, making it the largest comprehensive securities company with the largest capital in the domestic securities industry at that time.In August 2015, Haitong Securities was investigated for allegedly failing to review and understand the identity of clients in accordance with regulations and other violations; in September, the CSRC proposed to order Haitong Securities to make corrections, give a warning, confiscate the illegal income of 28.6530 million yuan, and impose a fine of 85.9590 million yuan; on November 26, it received a notification of the investigation by the CSRC, which was filed for investigation by the CSRC for allegedly violating the relevant securities rules and regulations. In 2005, the company successfully hosted Gansu Securities and Xing'an Securities, realizing low-cost rapid expansion, and in the same year the company became an innovative pilot brokerage. Haitong Securities' A shares were listed on the Shanghai Stock Exchange in 2007 and completed a directional issue, and its H shares were listed on the Hong Kong Stock Exchange in 2012, increasing the company's registered capital to 9.584 billion yuan. Since 2007, the company's total assets and net assets have been ranked second in the domestic securities industry. Based on the Internet platform, the company builds an Internet business model, promotes the synergistic development of online and offline business, and promotes the transformation of retail brokerage business; develops the company's eHaitongcai Internet financial brand, and improves the construction of Internet accounts, platforms, and product systems; carries out cooperation in the Internet business channels, and does a good job of providing customer service on Internet platforms relying on the Internet big data system, and improves the customer experience.