Financial Investment is the new major sector for Yatai Group’s economic increase.
Northeast Securities (Ticker: 000686) controlled by Yatai Group is the largest comprehensive securities in NE China, providing services such as trading, investment banking, investment management and assets management. On Aug. 27th, 2007, it went public listing in Shenzhen Stock Exchange and has 104 stock exchange center and 46 branch offices. Its current total asset is 65 billion Yuan with investment in Oriental Fund Management, Bohai Futures, etc., becoming a financial group integrating securities, funds and futures. In 2018, it ranked No. 18 national wide with its operating revenue.
Yatai Group also invested in Bank of Jilin, which is the only regional commercial bank in Jilin Province. Yatai Group is its forth largest shareholder. Bank of Jilin has 394 branches in northeast of China, with total assets of 361.7 billion Yuan, ranking 316 in Top Global 1000 banks in The Banker. It also fulfilled its development strategy to be unique, distinct, intellectual and comprehensive, aiming to become an influential financial group. Bank of Jilin has rewarded as Good Service Bank with Gold Reputation, Top 10 Small and Medium Commercial Bank in China, etc.