Guosen Securities(SZ:002736)2022-12-07 08:41Group 1: Market Position and Performance - As of October 2015, the company's margin financing and securities lending market share is approximately 4%, ranking seventh in the market [1] - From January to October 2015, the company ranked fifth in trading volume market share and first in commission market share [2] - The company's commission rate has remained above the industry average and the top ten brokers, although it has decreased compared to 2014, with the decline being less than the industry average [2] Group 2: Branch and Client Management - As of September 2015, the company has 42 branches and 151 business offices located in 102 major cities and regions across the country [2] - Since 2013, the company has accelerated its network expansion, establishing 76 new small-scale business offices [2] - The company does not have a unified asset scale standard for client classification in its brokerage business, as local offices must adapt to local market conditions [2] Group 3: Financial Management and Capital Use - The margin financing and securities lending balance decreased from approximately 100 billion yuan at the end of June 2015 to over 40 billion yuan by the end of September 2015, with the returned funds primarily used for repaying previous debt financing, new fixed-income investments, and special stabilization funds from the China Securities Finance Corporation [3] - The company's share placement for 2015 is still under review by the China Securities Regulatory Commission [3]