--- title: "Hongxin Securities has renamed again, and the change of actual controller is pending approval from the China Securities Regulatory Commission" description: "Hongxin Securities has been renamed \"Tianfu Securities\" on May 29, marking its transition from a private enterprise to a local state-owned enterprise. The acquiring entity, Shudao Investment Group, pl" type: "news" locale: "en" url: "https://longbridge.com/en/news/242694266.md" published_at: "2025-05-31T23:59:11.000Z" --- # Hongxin Securities has renamed again, and the change of actual controller is pending approval from the China Securities Regulatory Commission > Hongxin Securities has been renamed "Tianfu Securities" on May 29, marking its transition from a private enterprise to a local state-owned enterprise. The acquiring entity, Shudao Investment Group, plans to accelerate the construction of the Tianfu financial brand and is expected to promote the renaming and rebranding of branches within the next six months Recently, a reporter checked the National Enterprise Credit Information Publicity System and found that Hongxin Securities Co., Ltd. has quietly completed its name change on May 29, with the new name being "Tianfu Securities Co., Ltd." After Sichuan Trust completed its restructuring, it and its holding subsidiary Hongxin Securities transitioned from a private enterprise to a local state-owned enterprise, entering a new stage of development. Shudao Investment Group Co., Ltd., which took over the two financial institutions, has previously stated that it will accelerate the promotion of the Tianfu financial brand construction. Now, Hongxin Securities has taken the lead in adopting the "Tianfu" brand identifier. A previous interview with a reporter from Securities China revealed that Sichuan Trust is also advancing its name change. Under the strategic push of Shudao Group, the two financial institutions are expected to achieve a transformative change from the inside out. As of May 31, the official website of the aforementioned securities firm has not updated its name and still retains the "Hongxin Securities" name and identifier. It is expected that within the next six months, the securities firm will promote the renaming of its branches and the renewal of online and offline identifiers ### Related Stocks - [300959.CN - ONLINE OFFLINE](https://longbridge.com/en/quote/300959.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Quanta Services Stock: Is Wall Street Bullish or Bearish? | Quanta Services Stock: Is Wall Street Bullish or Bearish? | [Link](https://longbridge.com/en/news/276125597.md) | | Huatai Securities Reaffirms Their Buy Rating on Hong Kong Exchanges & Clearing (HKXCF) | In a report released yesterday, from Huatai Securities maintained a Buy rating on Hong Kong Exchanges & Clearing, with a | [Link](https://longbridge.com/en/news/275995421.md) | | Plug Power wins shareholder approval to boost its share count, avoiding reverse split and paving the way for more dilution | Plug Power has received shareholder approval to increase its share count, avoiding a reverse stock split and enabling fu | [Link](https://longbridge.com/en/news/275891858.md) | | Envestnet Asset Management Inc. Cuts Stock Position in Edwards Lifesciences Corporation $EW | Envestnet Asset Management Inc. reduced its stake in Edwards Lifesciences Corporation by 23.1% in Q3, now holding 261,58 | [Link](https://longbridge.com/en/news/275999995.md) | | Public Storage’s Global Operations Face Rising Risks From Political Shifts and Foreign Partner Reliance | Public Storage (PSA) has identified new risks in its international operations due to political, economic, legal, and soc | [Link](https://longbridge.com/en/news/275969225.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.