On May 28, 2007, China Guangda Holding Company announced that Guangda Securities was planning to go public. On July 24, 2009, the media reported that one year after passing the review meeting, Guangda Securities officially received IPO approval from the China Securities Regulatory Commission (CSRC) and would commence its listing work immediately. It became the first brokerage firm to formally obtain listing qualifications since the implementation of the new rules and the resumption of IPOs this year. According to the prospectus disclosed earlier...