JC Master has recently received the Notice for Filing Purpose on the Membership of the National Association of Financial Market Institutional Investors (the “NAFMII”). JC Master has been admitted by the NAFMII to become its formal member. The NAFMII, located in Beijing, is a self-disciplinary organization of the inter-bank market, formed by market participants voluntarily and covering the fields of the inter-bank bonds market, the inter-bank borrowing market, the foreign exchange market, the bill market and the gold market. The NAFMII was founded on 3 September 2007 with the approval of the State Council and the Ministry of Civil Affairs. The NAFMII is a non-profit corporate organization, with People’s Bank of China as its competent administrative department. Membership includes various types of financial or non-financial institutions, such as policy banks, commercial banks, credit cooperatives, insurance companies, securities companies, trust companies, investment funds, financial companies, credit rating companies, law firms, industrial and commercial enterprises of large and medium size. |
