Everbright Securities Co., Ltd. engages in the securities brokerage business. It operates through the following segments: Brokerage and Wealth Management, Credit Business, Institutional Securities, Investment Management, Overseas Business, and Other. The Brokerage and Wealth Management segment provides brokerage and investment advisory services to retail clients, interest income from holding cash on behalf of clients, and fees from selling financial products developed by the group and other financial institutions. The Credit Business segment provides margin financing and securities lending, reverse repurchase transactions and other credit granting business, as well as income from the financial lease business. The Institutional Securities segment provides underwriting and financial advisory services, investment gains and interest income from market-making and proprietary activities, as well as fees and commission from providing investment research and prime brokerage services to institutional clients. The Investment Management segment provides asset management, fund management and private equity investment management services to clients, as well as investment gains from the group's private equity and alternative investments. The Overseas Business segment engages in overseas businesses. The Other segment includes interest income and interest expense incurred for general working capital purpose. The company was founded on April 23, 1996 and is headquartered in Shanghai, China.