Hong Yuan Securities Co., Ltd is a China-based securities company, engaged in brokerage business, investment banking business, securities investment business, fixed income business and asset management business. The Company's businesses include acting purchase and sale of securities, including foreign capital stocks listed in China; deputy principal and dividends payment of securities; keeping and authenticating of securities on others鈥?behalf; acting as an agent to make registrations and open accounts; trading of securities; underwriting (including lead underwriting) of securities, including foreign capital stocks listed in China; asset management for clients; as well as consultation of securities investments, including financial consultation. As of December 31, 2010, the Company had two major subsidiaries, involved in futures business, as well as project investment, asset management and financial consulting.