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 2015, the Company recorded a revenue of RMB56 billion (according to China GAAP), net profits of RMB19.8 billion, both striking new record high, and maintaining the leading position among domestic securities companies. The major businesses of the Company continue to rank in the forefront in the market.

The traditional business maintained and consolidated its market leading position. In 2015, the trading turnover of equities and funds handled by the Group was RMB33.8 trillion, ranking the second highest in the industry. The market share of its divided commission from mutual funds was 6.2%, ranking the highest in the industry. The number of QFII trading clients was over 139 with a client coverage of 48%. The equity lead underwriting amount of the Company was RMB177,333 million, with a market share of 10.72%, ranking the highest in the industry. The bond lead underwriting amount of the Company was RMB385,694 million, ranking the highest in the industry. The amount of merger and acquisition transactions was USD70 million, ranking the third highest among global investment banks in merger and acquisition transactions involving PRC enterprises. The size of AUM entrusted to the Company was RMB1.1 trillion, ranking the highest in the industry.

The scale of flow-based business maintained its competitive edge. The market share of the Company’s sales of fixed and floating rate bonds was 4.72%, ranking the highest in the industry. The scale of margin financing amounted to RMB74 billion with a market share of 6.3%, ranking the highest in the industry. The size of stock-pledged repo business was RMB33.1 billion with a market share of 12.2%, ranking the second highest in the industry.

As of 31 December 2015, CITIC Group is the shareholder holding more than 5% of the total shares of the Company (percentage to the total number of shares is 15.59%). 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 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. 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 2015, the Company remained as the largest securities company in China, with a total asset of RMB616.1 billion, equity of RMB139.1 billion, and net capital of RMB89.4 billion.