Ueda Yagi Securities Co., Ltd. was established in June 1918 and is headquartered in Tokyo and Osaka, Japan. After more than 100 years of operation, it has accumulated a wealth of experience in currency brokerage, covering the interbank money market, foreign exchange market and bond business. It has been playing an important role as a bridge between financial institutions, supporting the base of the Japanese financial market.

Mr. Motohiko Ueda, President of Ueda Yagi Securities Co., Ltd., said that since the opening of its representative office in Shanghai in 1996, Ueda Yagi has witnessed the development of China's financial market over the past 30 years, especially the impressive breadth and depth of China's financial market opening to the outside world in recent years.

The Office of the Financial Stability Development Commission of the State Council has launched eleven measures to open up the financial sector to the outside world, including "supporting foreign investors to establish wholly-owned or participate in currency brokerage companies". After learning this information, Ueda Yagi responded to the call and built a team to prepare the application for the establishment of a Chinese subsidiary of a money broker. During the application period, coinciding with the epidemic, the Beijing Municipal Government and Beijing City Sub-center, Municipal Finance Bureau, Tongzhou District Government and Finance Office, and relevant institutions, overcame difficulties and operated efficiently, and completed the examination and approved the preparation for establishment in a very short period of time. China's vast market, favorable investment environment and open posture are continuously attracting foreign institutions, including Ueda Yagi , to enter China. Ueda Yagi is confident in expanding the currency brokerage market in China. The new company will implement the "customer-centric" service concept, apply its 100 years of brokerage experience and technology, operate prudently, and provide the industry's most cutting-edge and thoughtful services to both domestic and foreign clients by improving its currency brokerage product lines and business systems.