WESTERN SECURITIES CO.,LTD. is a China-based securities company. The Company mainly operates through four segments. Securities Brokerage segment is mainly engaged in agent trading of stocks, funds, bonds and financial products. Asset Management segment mainly provides financial products, oriented asset management services and direct investment services. Investment Banking segment is mainly engaged in initial public offering (IPO) securities underwriting and bonds underwriting. Securities Proprietary Trading Segment is mainly engaged in the self-operated trading of stocks, bonds, warrants and securities investment funds. The Company is also involved in credit transactions business, fixed income businesses and the over-the-counter businesses, among others.