Formed in 2015 through the merger of Shenyin & Wanguo Securities and Hongyuan Securities, Shenwan Hongyuan Group Co., Ltd. is a major state-owned financial enterprise in China. It operates as a comprehensive investment holding group with a core securities subsidiary, offering a wide array of financial services such as securities brokerage, investment banking (underwriting and M&A), asset management, futures brokerage, private equity investment, and alternative investments. The company is committed to serving the real economy and national strategies, aiming to be a modern investment bank with domestic leadership and international competitiveness.