GF Securities Co., Ltd. (stock codes 000776.SZ, 1776.HK) originated from the Securities Department of Guangdong Development Bank, established on September 8, 1991. The company was founded at the end of 1993 and restructured into GF Securities Co., Ltd. in 2001. It is one of the first comprehensive securities companies in China and obtained the innovation pilot qualification in December 2004. As of December 31, 2007, the company had a registered capital of 2 billion yuan, total consolidated assets of 97.430 billion yuan, and equity attributable to shareholders of the parent company of 14.241 billion yuan. Through multiple acquisitions and mergers, the company's total system business outlets reached 223, ranking among the top in China; the total number of employees in the entire system exceeded 4,000, serving nearly 3 million customers, with custodied customer assets exceeding 400 billion yuan. The company owns 4 subsidiaries including GF Securities Asset Management (Guangdong) Co., Ltd., GF Futures Co., Ltd., and GF Holdings (Hong Kong) Co., Ltd., and holds a controlling stake in GF Fund Management Co., Ltd. and a minority stake in E Fund Management Co., Ltd., initially forming a financial holding group structure spanning securities, funds, and futures. Since 1994, the company has consistently ranked among the top ten securities firms nationwide.
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