First Capital Investment Banking Co., Ltd. (hereinafter referred to as “FCIB”) is formerly known as J.P. Morgan First Capital Securities Co., Ltd. (“JPMFC”), which was incorporated in 2011 as a joint venture between First Capital Securities Co., Ltd. (“First Capital”) and J.P. Morgan. The Beijing Branch of the China Securities Regulatory Commission issued a no objection letter on July 3, 2017 regarding the equity transfer that J.P. Morgan to transfer the entire 33.3% equity interests held by it in JPMFC to First Capital. The name of JPMFC changed to FCIB, a wholly-owned subsidiary of First Capital. There are totally two branches of FCIB which are FCIB Shanghai branch and FCIB Shenzhen branch.
FCIB will adhere to the core values of “integrity, enterprise and innovation” of First Capital, upheld its vision to “pursue sustainable growth, and diligently create a competitive first class investment bank with a unique business model and excellent performance”. FCIB is customer-oriented, innovation-driven, and dedicated to becoming a well-respected top investment bank in China.