CSRC: Approved China Investment Corporation to become the actual controlling shareholder of several companies including Great Wall Guorui Securities and Dongxing.

On June 5th, the China Securities Regulatory Commission issued a reply approving Central Huijin Investment Limited Liability Company as the actual controller of Longcheng Guorui Securities Limited Company, Dongxing Co., Ltd., Cinda Co., Ltd., Dongxing Fund Management Co., Ltd., Xinda Australia Fund Management Co., Ltd., Longcheng Futures Co., Ltd., Dongxing Futures Limited Liability Company, and Xinda Futures Co., Ltd. The relevant companies must handle business registration changes in a timely manner, improve corporate governance structure, and safeguard the legitimate rights and interests of the company and investors. The original text is as follows: Reply on the Approval of Changing the Actual Controller of Longcheng Guorui Securities Limited Company, Dongxing Co., Ltd., Cinda Co., Ltd., Dongxing Fund Management Co., Ltd., Xinda Australia Fund Management Co., Ltd., Longcheng Futures Co., Ltd., Dongxing Futures Limited Liability Company, and Xinda Futures Co., Ltd. Longcheng Guorui Securities Limited Company, Dongxing Co., Ltd., Cinda Co., Ltd., Dongxing Fund Management Co., Ltd., Xinda Australia Fund Management Co., Ltd., Longcheng Futures Co., Ltd., Dongxing Futures Limited Liability Company, and Xinda Futures Co., Ltd.: Your company's application for changing the actual controller has been received. In accordance with the relevant regulations such as the Securities Law of the People's Republic of China, the Company Law of the People's Republic of China, the Securities Investment Fund Law of the People's Republic of China, the Futures and Derivatives Law of the People's Republic of China, the Regulations on the Supervision and Administration of Securities Companies, the Regulations on the Administration of Futures Trading, the Regulations on Equity Management of Securities Companies (CSRC Order No. 183, as amended by CSRC Order No. 227), the Measures for the Supervision and Administration of Publicly Offered Securities Investment Fund Managers (CSRC Order No. 198, as amended by CSRC Order No. 227), and the Measures for the Supervision and Administration of Futures Companies (CSRC Order No. 155), the following reply is hereby granted: 1. Approval for Central Huijin Investment Limited Liability Company to become the actual controller of your company. 2. Your company and related entities must handle business registration changes and other related matters in a timely manner, improve corporate governance structure, and safeguard the legitimate rights and interests of the company and investors. 3. In case your company encounters significant issues during the change process, you must report to the CSRC and the CSRC office in the location of your company's registered address in a timely manner. This article is excerpted from the official website of the China Securities Regulatory Commission, edited by GMTEight: Jiang Yuanhua.