CITIC Group has 36 branches across China and offers services in securities brokerage, as an agent for the payment of principal, interest and dividends, securities custody and notarization. It also acts as an agent for registration and account opening, proprietary securities trading, securities underwriting and lead underwriting, and it provides asset management and securities investment advisory. It holds controlling stakes in CITIC Wantong Securities and CITIC Fund Management and is listed on the Shanghai Stock Exchange. At the end of 2004, it had net assets of over RMB5.3 billion.