 It has the second highest total assets and net assets in the sector, with the net asset reaching RMB 45 bn by the end of 2011.The company has 220 securities offices nationwide, 4mn retail customers, over 10,000 institutional and high-end customers, and customers’ assets up to nearly RMB 1 trillion.Haitong has an investment banking division, known for financial and high-tech enterprise underwritings as well as M&A and restructuring of cultural media enterprises.