Jonathan Nina & Co Capital

Online Brokerage Investment Bank Securities Exchange

JNC Capital 作为综合性的证券集团，业务链条包括投资银⾏、互联⽹券商和证券交易所。JNC施⾏封闭系统运⾏的投资银⾏、互联⽹券商和证券交易所业务链条。JNC未来将在美洲国家、欧元区国家和亚太地区发展业务，为上述国家和地区的企业和居⺠提供综合⾦融服务。

关键词：互联⽹券商投资银⾏证券交易所

JNC的愿景是弥合资本市场的分歧和不平衡，回归价值投资的本源。JNC要做证券价值的发现者和证券流动性的创造者。基于以上的愿景，JNC在证券估值、⻛险和收益匹配、投资者教育和资本市场流动性⽅⾯建立了⼀个封闭的系统；企业需要有合适的机会和资⾦⽀持才能快速成⻓，启动新业务或者扩⼤现有业务都需要⼀个可靠的发展前景，也需要⼀个融资渠道。JNC的业务包括投资银⾏、互联⽹券商和证券交易所，能为企业提供财务顾问、承销和证券交易全⽅位服务，帮助企业融资、投资和市值管理等全⽅位服务；

投资者在制定投资决策时需要考虑的关键因素之⼀就是证券能提供的潜在的投资回报。投资者按照投资者⻛险承受能⼒和投资的⽬标配置⽆⻛险证券产品和⻛险证券产品。JNC在投资者教育和投资顾问服务⽅⾯有独到的优势，通过互联⽹券商的线上和线下的投资者教育课程、专题路演和投资顾问服务，帮助投资者规避⻛险提⾼投资收益，互联⽹券商线上和线下的结合创造了⼀个投资者资产配置和⻛险识别防范的绝佳的途径和⽅法。

JNC的业务链条就是：投资银⾏为企业提供财务顾问服务，帮助企业融资投资并帮助投资者资本退出。投资银⾏做出来的证券产品，由互联⽹券商负责承销。互联⽹券商向注册⽤户和其他机构投资者推介证券产品，促使注册⽤户和其他机构投资者认购证券。根据ASIC的规定，募集到资⾦的证券可以在JNC的澳新证券交易所上市交易。

JNC Capital, a comprehensive securities group, operates a business chain that includes investment banking, online brokerage, and securities exchanges. JNC implements a closed-loop system for its operations in these areas. In the future, JNC plans to expand its operations to countries across the Americas, the Eurozone, and the Asia-Pacific region, providing integrated financial services to enterprises and residents in these countries and regions.

Keywords: online brokerage, investment banking, securities exchange.

JNC's vision is to bridge the disparities and imbalances in the capital markets and return to the essence of value investing. JNC aims to be a discoverer of securities value and a creator of securities liquidity. Based on this vision, JNC has established a closed-loop system in securities valuation, risk and return matching, investor education, and capital market liquidity.Businesses need appropriate opportunities and financial support to grow rapidly. Initiating new ventures or expanding existing ones requires a reliable development outlook and financing channels. JNC's services encompass investment banking, online brokerage, and securities exchanges, providing comprehensive financial advisory, underwriting, and securities trading services to businesses. These services assist enterprises in financing, investment, and comprehensive market value management. One of the key factors investors need to consider when making investment decisions is the potential investment returns that securities can offer.

Investors allocate risk-free securities and risky securities products based on their risk tolerance and investment objectives. JNC excels in investor education and investment advisory services, offering unique advantages through online and offline investor education courses, specialised roadshows, and investment advisory services provided by its online brokerage. These initiatives help investors mitigate risks and enhance investment returns. The combination of online and offline services by the online brokerage creates an excellent approach and method for investor asset allocation and risk identification and prevention.

JNC's business chain is as follows: investment banks provide financial advisory services to enterprises, assist them in financing and investment, and help investors exit capital. The securities products created by investment banks are underwritten by internet brokers. Internet brokers promote these securities products to registered users and other institutional investors, encouraging them to subscribe to the securities. According to ASIC regulations, the funds raised can be traded on JNC's stock exchange.

投资银⾏业务INVESTMENT BANKING

投资银⾏是证券产品的开端，也是投资的开始。作为资本市场供给者和需求者的⾦融中介，投资银⾏的业务包括财务顾问、投资顾问，资产管理和并购顾问等业务。由于我们有证券交易所，所以JNC的投资银⾏业务⾥不包括撮合交易。

Investment banking marks the inception of securities products and the outset of investments.Serving as a financial intermediary for suppliers and demanders in the capital market, investment banking services encompass financial advisory, investment advisory, asset management, and merger and acquisition advisory. However, due to our affiliation with the stock exchange, JNC’s investment banking services do not encompass brokerage transactions.

互联⽹券商业务 ONLINE BROKERAGE BUSINESS

互联⽹券商是证券产品⼀级市场的开始，也是投资者配置⾼⻛险资产的市场。作为⼀级和⼀级半资本市场的组成部分，互联⽹券商为私募股权和私募债券（⼀级市场）和公募股权和公募债券（⼀级半市场）以及⼀部分衍⽣品提供部分的流动性。互联⽹券商的业务包括证券承销、投资顾问，投资者教育等业务。互联⽹券商不同于证券交易所，互联⽹券商只能提供部分的流动性。

Online brokers are the starting point of the primary market for securities products and the market where investors allocate high-risk assets. As part of the primary and quasi-primary capital markets, online brokers provide partial liquidity for private equity and private debt (primary market), public equity and public debt (quasi-primary market), and some derivatives. The business scope of internet brokers includes securities underwriting, investment advisory, and investor education. Unlike stock exchanges, internet brokers can only provide partial liquidity.

证券交易所业务 STOCK EXCHANGE BUSINESS

证券交易所是证券产品的⼆级市场。公募股权、公募债券等产品的招股书或募集说明书经过ASIC审核批准后，递交上市申请表格和招股书或募集说明书给证券交易所。证券发⾏⼈募集到最低募集额或⾜够的证券后就可以申请证券在JNC的证券交易所公开交易。证券交易所可以交易的证券包括股票、债券、地产信托和⼀些可接受的衍⽣品。

The securities exchange serves as the secondary market for securities products. After the prospectus or

offering memorandum for public equities, public bonds, and other products is approved by ASIC, it is submitted along with the listing application form to the securities exchange. Once the issuer of the securities has raised the minimum amount or enough securities, they can apply for the securities to be publicly traded on the securities exchange. Securities that can be traded on the exchange include stocks, bonds, real estate trusts, and certain acceptable derivatives.