What are the requirements for margin financing and repayment of my account opened with Guotai Junan?

Hello! In response to your questions, we have made the following detailed answers for you:

After the investor raises the capital, he can repay the funds to the company by selling securities or repaying the loan directly. Selling securities repayment refers to a repayment method in which investors declare selling securities through their credit account, and the funds obtained from selling ** are directly transferred to the special account for financing of ** company at the time of settlement, and the corresponding "repayment of selling bonds" logo needs to be added when declaring. If the integrated funds are repaid by direct repayment, the specific operation shall be handled in accordance with the agreement between the company and the investor.

The investor must repay the financing debt first with the proceeds from the sale of the credit account.

I hope that our Guotai Junan ** Shanghai Branch can satisfy you!

Personnel: Guotai Junan**Account Manager Manager Hong (employee number 009301) Guotai Junan**——Know that the enterprise platform is willing to serve you!

Hello, Guotai Junan ** Jiangxi Branch is happy to answer for you!

After the investor borrows and sells securities, he can repay the integrated securities to the company by buying securities and repaying the securities or directly repaying the bonds. Buying and repaying securities refers to a way for investors to apply for buying securities through their credit account, and when they settle down, they are directly transferred to the special account for securities lending and borrowing of **company, and the corresponding "buy and return coupons" logo needs to be added when declaring. If the repayment is made in the form of direct repayment of bonds, it shall be handled in accordance with the agreement between the company and the investor and the relevant provisions of the registration and clearing institution designated by the exchange.

Before the relevant securities lending transaction is concluded, the proceeds from the sale of securities borrowing and selling by investors shall not be used for any other purpose other than buying and repaying securities. The company shall agree with the customer on the cash and other repayment methods and their processing procedures in the special case that the specific subject matter cannot be repaid.

The threshold for opening an account varies from region to region:

The customer has opened a ** account in Guotai Junan for more than 18 months, and has no bad records, and is not limited to the business department.

If the market value of the assets in the customer's account reaches more than RMB 500,000, it only meets the requirements at the time of account opening.

The process of handling margin financing and securities lending:

Meet the admission conditions and submit application materials.

Credit rating, determine the credit line.

Risk warning, sign the "Business Contract".

Open a credit account and handle a tripartite depository.

Transfer collateral and start margin trading.

Information required for margin account opening:

Personal identification materials, A-share ordinary ** account card, margin financing and securities lending business knowledge test papers, and proof of residence (including but not limited to the customer's fixed ** fee, mobile communication fee, water, electricity, gas (gas) fee, cable TV fee, property management fee and other payment vouchers, valid property lease contract, etc.

The items to be submitted are as follows:

Credit report, employment certificate, income certificate, proof of other financial assets other than A-share account, proof of non-financial assets (such as real estate, car, etc.) of the People's Bank of China, and other including academic qualifications, professional titles and family support.

The three banks that handle margin account opening are:

Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, Industrial Bank, Bank of China. The same bank can be designated for both the credit account and the regular account.

The process of opening a margin account is as follows:

Individual investors are eligible to apply, pass the basic knowledge test of margin trading, fill in the application form for margin trading and submit materials, and can apply for it at any time. Within 10 working days, the business department confirms the credit result, and the individual investor signs the relevant contract and opens a credit account during the trading period after the application is approved. On T day of margin account opening, investors can activate their accounts, including:

NetEase mailbox password change, third-party bank confirmation.