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To: Tianjin Office of the China Securities Regulatory Commission
Our Ref: No.41 [2003] CSRC
June 20, 2003
We are in receipt of your “Report on Preliminary Review of the Preparation of Establishment of Tianjin Jintou Futures Co., Ltd.” (No.14 [2003] Tianjin Office CSRC). Pursuant to the Administrative Measures for Futures Companies, the official reply is hereby given after our review of the foregoing documents.
1. We approve the establishment of Tianjin Jintou Futures Co., Ltd., but the name of this Company shall be approved by the State Administration of Industry and Commerce.
2. We approve the registered capital of CNY 85 million for Tianjin Jintou Futures Co., Ltd. as well as the qualification of Tianjin Economic Construction and Investment (Group) Co., Ltd., Tiianjin Tianshi Group Co., Ltd., Tianjin Hi-Tech Holding Group Co., Ltd. and Tianjin Supply and Marketing Corporation as the shareholders of Tianjin Jintou Futures Co., Ltd.
3. Upon receiving this approval, please notify the applicant of completing the preparation of establishment on schedule in compliance with the Company Law of the People’s Republic China and Administrative Measures on Futures Brokerage Houses.
The China Securities Regulatory Commission
(This English version by Shenzhen Securities Information Co., Ltd. is for your reference only. In case any discrepancy exists between the Chinese and English context, the Chinese version shall prevail.) | 
