“北京证券”，回来了

Core Viewpoint - Beijing Securities has officially returned after nearly 19 years, with Credit Suisse Securities (China) Co., Ltd. rebranded as Beijing Securities Limited Liability Company, marking a significant shift in the Chinese brokerage landscape [1]. Group 1: Company Background and Ownership Changes - Beijing Securities is now controlled by Beijing State-owned Assets Management Co., Ltd., which acquired 85.01% of the shares from Founder Securities and UBS Group, while UBS retains 14.99% [1]. - The original Beijing Securities was established in 1993 with a registered capital of 1.515 billion yuan, and underwent restructuring in 2006, eventually becoming a wholly foreign-owned entity under UBS [1][2]. - The transition to Beijing Securities reflects a strategic adjustment and change in ownership structure amid increasing competition in the financial market [1]. Group 2: Financial Transactions and Agreements - In June 2024, Founder Securities announced a deal to transfer 85.01% of Credit Suisse Securities to Beijing State-owned Assets Management Co., with the total transaction value amounting to approximately 1.24 billion USD (about 8.85 billion yuan) and 913.5 million USD (about 6.505 billion yuan) for the respective shares [3]. - The acquisition was approved by the China Securities Regulatory Commission in March 2023, allowing Beijing State-owned Assets to become the main shareholder and actual controller of Credit Suisse Securities [3]. Group 3: Future Prospects and Strategic Goals - Following the acquisition, Beijing State-owned Assets Management Co. aims to leverage its advantages in the financial sector to support the development of Beijing Securities and contribute to the high-quality growth of the capital's financial industry [4][5]. - UBS Group's CEO indicated that the sale of shares to a long-term partner like Beijing State-owned Assets was the optimal solution, allowing UBS to maintain its focus on expanding its business in the Chinese market [5].