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.
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 top 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.