Service Profile
With Securities Company Self-operated Stock Shares Hypothecated Loan service, a securities company obtains financing from the bank with their self-operated stock shares as hypothecation.

Target Clients
Securities companies with legal personality and comprehensive qualification (or other qualification similar to it)

Requirements on Hypothecation

1.	Stock shares in hypothecation should be self-operated by the borrower;
2.	Borrower should not hold more than 5 percent of the issued shares of this public company, the situation where the securities company purchases all remaining shares after an exclusive sales and thus holding over 5 percent of the total shares is an exception;
3.	The price fluctuation margin (highest quotation over lowest quotation) of the stock to be hypothecated should be less than 200 percent during the six months prior to the loan application.
4.	The stock has not been suspended, terminated or specially treated by the securities exchange;
5.	The public company issuing the shares to be hypothecated did not report loss for the previous financial year.

Service Features and Advantages
1.  Offering another new channel for securities companies to enter capital market for financing;
2.  More stable source of medium and long-term funds for securities companies;
3.  Conducive to fund risk control and higher liquidity of assets at securities companies.