Hartcourt Companies (fka HRCT)

[nev_investor]

About Huatai Securities Co

http://www.htsc.com.cn/zjhtyw/gsyg.htm

　Granted by People's Bank of China, Huatai Securities Co., Ltd. (Huatai) was established on Dec 30, 1990, and formally operated for business on May 26 in Nanjing. The registration capital of company is RMB2.2 billion (about US$266 million) up to date. Huatai is one of the first batch of comprehensive securities firms approved by China Securities Regulatory Commission (CSRC).
　　Over more than decade, we always persist in taking our core values "Efficiency, Honesty, Steadiness, Innovation", hereby have enjoyed increasing scale of company. Our net asset reached RMB1349 million (about US$165 million) and total asset was RMB14.33 billion (about US$1.75 billion) at the end of 2001. On another hand, the quality of asset is always in perfect situation. In 2001, Dept. of Intermediary Supervision of CSRC released a list of securities firms that have not peculated deposits of customers and have enough net capital. Huatai was one of the firms, and was approved as a member of national interbank bond market.
　　Huatai has strict management, prudential and standardized operation, then our business have gained rapid development. Many business-indexes were in leading group in the industry in successive years such as stock trade volume, net asset return, etc. And online trade volume won champion in three successive years. Huatai website always has good reputation among industry and customers. Huatai website won the No.1 in "top ten excellent securities website in China" competition in 2000, gained the first position of "excellent securities firm's website" in the second contest in 2001, and got the title of "the best investment consulting website". In the third contest in 2002, Huatai website won the NO.1 again, and got the awards of " the best securities website CEO" and " the best marketing achievement". In 2001, Huatai still achieved good performance in a bear market background. According report of China Securities, on the billboard of securities firms ranking along stock and fund business volume in 2001, Huatai reached the eighth position. According report of Securities Times, on the billboard of brokerage branch ranking along stock and fund average trade volume in 2001, Huatai took the sixth position, and online trade volume was RMB32.6 billion (about US$3.95 billion) which occupied 9.11% of online trade volume all over the country.
　　At present, Huatai has three headquarters in Beijing, Shanghai and Shenzhen, and 33 brokerage branches in large and medium cities in China. Huatai established two investment-banking sub-headquarters in Nanjing and Shanghai, two investment-banking offices in Shengyang and Chengdu, and an asset management sub-headquarter in Shanghai.
　　Experienced turbulence and development of stock market in China, Huatai has accumulated rich experience in terms of deploitation, innovation, standardization and self-discipline, optimized mechanism of internal control and risk defense, and trained a competitive team. Huatai has more than 1000 qualified employees. 49% of Huatai employees has bachelor degree and above.
　　Coming into new century, Chinese stock market come into a new era, Huatai also start a new canto. Facing new internal and external situation, Huatai has strong creative idea, set "the second establishment of business" goal in time. Huatai will keep enterprising deploitation, enforcing international cooperation, and enhancing core strength and sustainable development capacity, in order to make more contribution to prosperity of stock market and sustainable, healthy development of economy.