Haitong Securities Company Limited is principally engaged in securities businesses. The Company' major 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’ 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; consultation of securities investments, including financial consultation; as well as asset management on others' behalf. During the year ended December 31, 2008, the Company completed lead underwriting for 11 stocks.