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, Zhejiang Province, Fujian Province and Jiangxi 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 2014, our major businesses maintained their leading positions in China’s securities industry. The traditional fee-based business maintained and consolidated its market leading position. In 2014, the trading turnover of equities and funds handled by the Group was RMB9.8 trillion, ranking the second highest in the industry. The equity lead underwriting amount of the Company was RMB95,919 million, ranking the highest in the industry. The bond lead underwriting amount of the Company was RMB334,757 million, ranking the highest in the industry. The amount of merger and acquisition transactions was USD51,336 million (approximately RMB316,861 million), ranking the second highest among global investment banks in merger and acquisition transactions involving PRC enterprises. The size of AUM entrusted to the Company was RMB755,007 million, ranking the highest in the industry.

The scale of flow-based business increased significantly. In 2014, the Company’s interbank bond transactions amounted to RMB4.1 trillion, ranking the highest among peers in the industry. As at the end of 2014, the balance of domestic margin financing and securities lending business amounted to RMB72,126 million, ranking No. 1 in the industry. The size of stock-pledged repo business was RMB42.4 billion, ranking No.1 in the industry. There was also a significant progress in equity swap business and commodities business.

As of 31 December 2014, CITIC Group is the shareholder holding more than 5% of the total shares of the Company (percentage to the total number of shares is 20.30%). Leveraging the synergy of CITIC Group, 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 seven principal subsidiaries, namely: CITIC Securities (Zhejiang) Co., Ltd, CITIC Securities(Shandong) Limited, CITIC Securities International Co., Ltd, GoldStone Investment Co., Ltd., CITIC Securities Investment Co., Ltd, CITIC Futures Co., Ltd, and China Asset Management 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 tow 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. As of 31 December 2014, the Company remained as the largest securities company in China, with a total asset of RMB479.6billion, equity of RMB99.1 billion, and net capital of RMB44.3 billion.