On November 11, China Post Securities Co Ltd (China Post Securities) was approved by China Securities Regulatory Commission (CSRC) of its qualifications for engaging in alternative investment business through its subsidiary.

According to the provisions of relevant regulations, the establishment of an alternative investment subsidiary is a precondition for securities companies to undertake IPO sponsorship on the STAR Market and some types of ChiNext. The alternative investment subsidiary, as an important part of China Post Securities’ license layout, is a solid foundation for the company to expand into investment banking and other related businesses and also opened up new market opportunities for the future growth of the company's performance.

As the only securities company under China Post Group, China Post Securities has always stuck to the mission of jointly developing the postal financial ecosystem, continually carried out in-depth financial business collaboration, and conscientiously provided capital market services for all postal customers. Through establishing the alternative investment subsidiary, China Post Securities will better implement the decisions and plans around the strategy of strengthening the country through science and technology as well as the innovation-driven development strategy, and facilitate greater self-reliance in science and technology. In this way, it will promote numerous technology-based and innovative corporate clients served by the postal system to go public on the STAR and ChiNext markets, strengthen the company's comprehensive and specialized capabilities in financial service so as to better cooperate with other postal financial business sections to provide comprehensive financial services for sci-tech companies.