Ping An Securities Limited is an important part of PING AN OF CHINA (601318.SH; 2318.HK) Comprehensive Financial Service Group, the predecessor of Ping An Insurance Securities House, which was established in August, 1991. In 2006, according to the evaluation of countries securities association, the company became a new kind experiment broker in the filed of securitization. The wholly-owned subsidiaries Ping An smart fortune founded in 2008 does the direct investment business, meanwhile it was also established a branch company called Ping An Securities (Hong Kong) in 2009. By virtue of its abundant capital, trademark and clients advantage and in accordance with the management ideas of "thinking change with stability, being pragmatic and innovate", laws and regulations with the risk control system were perfectly established in this company. All businesses kept their powerful growth situation, therefore it became one of the comprehensive mainstream brokers in China. It was awarded as AA Security Company in category A for the first time during the time of brokers classification rating in 2011, therefore it accessed to the highest rating brokers of domestic securities industry. Till the end of December 31, 2011, its registered capital was 3 billion yuan, net assets was 7.133 billion yuan, while the total assets was 27.409 billion yuan.