Beijing, People’s Republic of China – August 4, 2026

TSFC Securities Public Company Limited (TSFC), led by Mr. Aphisak Kiewkarnkha, Chairman of the Board, alongside Mr. Udomkarn Udomsab, President, paid an official visit and held high-level discussions with the executive management of China Securities Depository and Clearing Corporation Limited (CSDC). The delegation received a warm welcome at the CSDC headquarters in Beijing, led by Deputy General Managers Mr. WANG Rui and Mr. SONG Xiaodong, together with their executive team. 

CSDC serves as a core market infrastructure entity, playing a pivotal role in driving the stability and growth of China’s capital market through comprehensive, end-to-end securities services, including: 

Depository Services: Safeguarding and managing scripless securities in strict adherence to the highest international security standards. 

Clearing & Settlement Services: Acting as the central counterparty (CCP) for clearing, settlement, and delivery versus payment (DVP) across major exchanges, including the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE). 

Registrar Services: Managing investor entitlements, maintaining securities ownership records, and executing dividend distributions with optimum efficiency and transparency. 

The bilateral discussions provided TSFC with valuable institutional insights into large-scale depository and clearing operations within the Chinese capital market. Key topics also centered on the adoption of advanced financial technologies (FinTech) to enhance risk management and drive seamless post-trade processing. 

This visit marks a significant milestone in fostering cross-border institutional knowledge and strengthening capital market infrastructure ties between Thailand and China. The insights and global best practices gained will provide a solid foundation for future strategic collaboration, facilitating the development of innovative financial products and cross-border securities services to support the long-term advancement of Thailand's capital market.