中信证券 www.cs.ecitic.com

CITIC Securities Co., Ltd. (CITICS) was incorporated in Beijing on October 25, 1995.Upon approval of Chinese Securities Regulatory Commission (CSRC) on December 13, 2002, CITICS undertook an initial public offering (IPO) of 400 million common A shares. On January 6, 2003, CITICS (Ticker: 600030) was listed on the Shanghai Stock Exchange. On October 6, 2011, CITICS (Ticker: 6030) was listed on the Hong Kong Exchange.

The business scope of the Company covers: securities brokerage (for areas other than Shandong Province, Henan Province, Tiantai and Cangnan Counties of Zhejiang Province); securities investment consulting; financial advisory services related to securities trading and securities investment activities; securities underwriting and sponsorship; securities proprietary business; securities asset management; margin financing and securities lending; securities investment fund sales agency; provision of brokerage services to futures companies; distribution of financial products; and stock options market making.

In 2016, the Company recognized total revenue of RMB38 billion and profit attributable to owners of the parent of RMB10.4 billion, and return on equity of 7.36%, and continued to rank the first among the domestic securities companies and all of its businesses stayed ahead of the market. The Company had steadfastly focused on serving the real economy and further improved its five major roles as financing arranger, wealth manager, trading service and liquidity provider, significant market investor and risk manager, and hence its core competitiveness has been re-invented and consolidated continuously.

In 2016, the principal business maintained its market leading position. The equity financing lead underwriting size amounted to RMB240.8 billion with a market share of 11.76%, ranking the first in the industry. The bond lead underwriting size amounted to RMB379.7 billion, with a market share of 2.55%, ranking the second in the market share. The transaction size of completed domestic merger and acquisition (issuance of share to purchase assets and material asset restructuring) amounted to RMB119.7 billion, with a market share of 14.15%, ranking the first in the industry. The trading volume of stock and funds was RMB14.92 trillion, with a market share of 5.72%, ranking the second in the industry. The size of AUM entrusted was RMB1.8 trillion, with a market share of 10.5%, ranking the first in the industry. The balance of margin financing and securities lending amounted to a market share of 6.67%, ranking the first in the industry. Share issuance on New OTC Board amounted to RMB14.1 billion, with a market share of 10.15%, ranking the first in the industry.

As of 31 December 2016, CITIC Corporation Limited is the shareholder holding more than 5% of the total shares of the Company (percentage to the total number of shares is 16.50%). Leveraging the synergy of CITIC Limited, CITIC Bank, CITIC Trust, and CITIC Prudential, the Company provides comprehensive financial services home and abroad, together with CITIC International Financial Holdings Limited.

CITICS holds controlling stakes in six principal subsidiaries, namely: CITIC Securities(Shandong) Limited, CITIC Securities International Co., Ltd, CITIC Futures Co., Ltd, GoldStone Investment Co., Ltd., China Asset Management Co., Ltd, and CITIC Securities Investment Co., Ltd, and holds non-controlling stakes in two principal non-controlling subsidiaries, namely CITIC PE Fund, and Jiantou Zhongxin Asset Management Co., Ltd.

Since the A share IPO, the Company completed two secondary offerings. The Company issued 500,000,000 A Shares by private placement and 334,000,000 A shares by public offering respectively in 2006 and 2007, and raised around RMB4.6 billion and RMB 25 billion subsequently. After two capitalization issue, the total number of issued Share of the Company increased to 6,630,467,600 in April 2008 and 9,945,701,400 in June 2010. The Company completed the H-share IPO in September and October of 2011, and the total number of issued Shares of the Company increased from 9,945,701,400 to 11,016,908,400, of which 9,838,580,700 Shares were A Shares and 1,178,327,700 Shares were H Shares. In June 2015, the Company completed its non-public issuance of H shares and the total share capital of the Company increased to RMB12,116,908,400. As of 31 December 2016, the Company remained as the largest securities company in China, with a total asset of RMB597.4 billion, equity of RMB142.7 billion, and net capital of RMB93.5 billion.