I. Outstanding International Business

1.1 All-around Domestic and Overseas Services

Shenyin & Wanguo (HK) Ltd. based overseas and International Business Division (IBD) at home are the two main arms of SYWG to operate international business. Shenyin & Wanguo (HK) Ltd. is licensed to do all kinds of business including brokerage and agency, issuance and assets management. SYWG is the only domestic securities company in China that holds an overseas-listed company.

Major business of IBD includes: brokerage and agency for foreign institutional investors in B-share market; brokerage and agency for QFII; approved inter-bank foreign exchange lending business; foreign market research; furthermore, in coordination with Investment Banking Division and Merger & Acquisition Division, it also provides services for foreign institutions' hunt for listing resource, acquisition of listed and non-listed companies and direct investment.

1.2 Leading Position in Securities Industry

SYWG has accumulatively acted as lead underwriter for B shares of 38 companies, accounting for 33% in terms of the amount of company. It always holds a leading position in B-share brokerage business and ranked the first consecutively for many years in brokerage business of Shanghai B shares. As a domestic securities company, SYWG has developed the most foreign brokers of B shares. Most of them are world-famous financial institutions, including UBS, Deutsche Bank, Merrill Lynch, Societe Generale, BNP Paribas, Goldman Sachs, Morgan Stanley, HSBC and Nomura Securities. In addition, it has also acted as the local financial advisor and lead underwriter for many companies' H shares.

In respect of QFII business, based on strong comprehensive strength, SYWG not only became the first domestic agent for QFII, but also holds a leading position in investment quota and trading volume in the agency business for QFII.

1.3 Distinctive Competitive Advantages

Broad Domestic and Overseas Business Networks
With 109 domestic business departments, SYWG has expanded its business networks and branches in 44 major large and mid-size cities in China. It also holds Shenyin & Wanguo (HK) Ltd. (0218).

Strong Research Capability
Shenyin & Wanguo Securities Research Institute is the best comprehensive securities research institute in China's securities market, holding a leading position. Based on the strong research capacity of its research institute, SYWG enjoys its professional advantage in providing services for institutional investors, and has been ranked the first in terms of commission paid by domestic fund clients for three consecutive years.

Leading Mindset of Financial Innovation
SYWG is always cherishing foresight for developing international business. With ceaseless pursuit of innovation, the company has obtained series of creative achievements.

Rich Experience in Servicing Foreign Institutional Investors
While promoting the internationalization of China's securities market, the company has also accumulated rich experience in servicing foreign institutional investors.

A Team with Honesty, Expertise and Pursuit of Innovation
IBD is an sincere, professional and innovative group, whose remembers are of high quality, have rich experience in domestic market and are also familiar with the operations of international financial market.

Stable and Efficient Trading System
SYWG has developed an independent overseas trading platform; the mode of the trading system is basically internationalized. It meets the needs of foreign investors, who can efficiently and conveniently trade domestic shares on this platform

II. Precise Risk Control System

SYWG has set up a complete and effective three-level risk management system. (see the following diagram)

III. Systematic OFII Service

3.1 OFII Service Team

3.2 Prompt and Accurate Trading Service

SYWG has developed an independent trading system and arranged special trading seats for QFII. QFII clients may place orders or inquiry information by telephone, fax, email, electronic data transfer or Bloomberg system. Following kinds of orders can be handled: At market, CD, Limit Order, Basket, VWAP, MOC, MOO, GTC, OR Better, OR Nothing, etc.

3.3 Standard Error-handling Procedures

SYWG has always conducted error-handling procedures which meet the requirements of international common practice. Professionals experienced in foreign client services are responsible for communication and co-ordination. Step by step rules and reporting system are also established.

3.4 Series of OFII Research Products

SYWG will update and increase its research products in future.

Other Services for OFII

Series of market services include holding periodical seminar, arranging investigation of listed companies, teleconference and participation in IPO road show.