Headquartered in Beijing, J.P. Morgan First Capital Securities Co., Ltd. (“JPMFC”) is a joint venture between First Capital Securities Co., Ltd. (“First Capital) and J.P. Morgan. The Chairman and Legal Representative of JPMFC is Mr. Liu Xuemin and its CEO is Mr. Wang Yong.

JPMFC is a securities joint venture established by First Capital and J.P. Morgan on shared corporate values and development visions with benefits to both. It is a reflection of the two parties’ long-term commitment to the Chinese capital market. JPMFC leverages First Capital’s extensive experience with the local capital market which is gained through long-term participation in the market, and utilizes the vision and platform provided by J.P. Morgan, a time-honored global leading financial institution. The company makes steadfast commitment to conducting first-class business in a first-class way, with dedication to the philosophy of developing in open, innovative, all-inclusive and cooperative environment. It strives to become an important force in promoting the development of the Chinese capital market.

JPMFC is dedicated to becoming a well-respected top investment bank in China.

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