1. CITIC Securities is one of the largest securities companies in China, with a wide business network and customer base at home and abroad, while Zhongtai Securities is a medium-sized securities company with a small scale.

2. The business scope of CITIC Securities covers securities brokerage, investment banking, asset management, research and consulting, etc. , the business structure is comprehensive, while Zhongtai Securities pays more attention to securities brokerage and asset management, with a single business structure.