- Business
- Nanjing Securities Co., Ltd. (601990.SS) operates as a comprehensive securities firm in China, providing securities and futures brokerage services including agency trading, margin financing, securities lending, repurchase agreements, stock pledge repurchase, and commodity and financial futures brokerage; securities investment activities encompassing equity securities, bonds, derivatives, and alternative products; investment banking offerings such as equity and debt financing, structured financing, and financial advisory; as well as asset management and investment management through collective, targeted, special asset management, and private equity funds. Founded in 1990 and headquartered at No. 389 Jiangdong Middle Road, Nanjing, Jiangsu Province, the company primarily serves institutional and retail clients across China with a focus on capital markets, credit trading, financial derivatives, and internet financial services. In recent developments, Nanjing Securities received China Securities Regulatory Commission approval in November 2025 for a 5 billion yuan private placement to specific investors, with proceeds allocated to upgrading investment banking, wealth management, proprietary trading, and asset management businesses; replenishing liquidity; expanding alternative and private equity subsidiaries; and enhancing information technology and risk control systems, following Shanghai Stock Exchange acceptance in May 2025 and amid a 48% net profit increase to 1 billion yuan in 2024.