Beijing/ Hong Kong, 18 March 2021 – CITIC Securities Company Limited (“CITIC Securities” or “the Company”; 600030.SH, 6030.HK) announced earlier its FY2020 annual results. Based on China Accounting Standards for Business Enterprises, the Company reported RMB 54.383 billion in revenue, up 26.06% year-on-year. Net profit attributable to owners of the parent company increased 21.86% year-on-year to RMB 14.902 billion. Earnings per share were RMB 1.16. In the financial year of 2020, CITIC Securities continued to be the top-ranked securities company in China in terms of revenue and net profit, and achieved stable growth across its various business lines.

2020 marked the 25th anniversary of the founding of the Company. CITIC Securities continuously strengthened its corporate governance framework; enhanced its overall strategic planning and core competitiveness of each business line; built up robust capital strength and client services capabilities; and continued to practice excellence in corporate culture and core values. The Company maintained market-leading positions across its business lines. The Company’s domestic equity underwriting amount was RMB 313.599 billion (including the private placement of assets) with a market share of 18.94%, the highest in the industry. The Company’s bond underwriting amount was RMB 1,298.944 billion with a market share of 12.93%, also the highest in the industry. The domestic trading turnover of equity funds handled by the Company, CITIC Securities (Shandong) and CITIC Securities South China was RMB 28.6 trillion; distribution of financial products amounted to RMB 944.7 billion; while the size of its wealth management and investment business exceeded RMB 10 billion. The AUM entrusted in the Company was RMB 1,366.401 billion. Under the new asset management rules, the Company’s new privately offered asset management business (excluding pensions business, publicly offered large scale collective products and asset securitization products) achieved a market share of approximately 13.5%, the largest in the industry.

CITIC Securities has celebrated many ‘firsts’ over the course of the past 25 years, during which it continuously explored and developed new business models. In 2003, the Company became the first domestically-listed securities firm in China following the completion of its A-share listing. In 2005, CITIC Securities established CITIC Securities (Hong Kong), and became the first within the industry to obtain the approval to establish a wholly-owned subsidiary in Hong Kong. In 2011, it was successfully listed in Hong Kong, becoming the first Chinese securities firm to be listed on both A-share and H-share markets, enabling the Company to build up a globalized business, through a Hong Kong listing and overseas M&A. CITIC Securities has now grown to be a leading large-scale investment bank in China, with over RMB 180 billion in net assets, 19,000 employees, 30 business lines and departments, 7 key subsidiaries and over 400 sub-branches. In terms of its clientele, CITIC Securities has accumulated over 10 million retail clients and 75,000 domestic corporate and institutional clients, covering key economic areas, and spanning across major central and local state-owned enterprises, as well as influential listed companies. In addition, the Company has over 2,000 overseas institutional clients from 13 different r countries and regions, including the United Kingdom, the United States, Australia and Southeast Asia.

Mr. ZHANG Youjun, Chairman of CITIC Securities, said, “2020 was a year in which we saw the remarkable feat in the achievement of ‘a moderately prosperous society in all aspects’ and the conclusion of the 13th Five-Year Plan. Everyone has come together to overcome the unprecedented challenges brought about by the pandemic. As China reaches the historical intersection of the “Two Centenaries”, CITIC Securities is committed to supporting the national strategy and serving the real economy, in embrace of the mission to create greater value for the society. Advancing the new ‘dual circulation’ development paradigm, the Company will focus on driving forward domestic circulation, supplemented by efforts in promoting international circulation. The Company will continue to strengthen the integrated business model between its domestic and overseas businesses, expand its client and market coverage, create a growth pathway encompassing strategic, innovative and internationalized developments, and continue on its journey to becoming a domestically leading and internationally first-class Chinese investment bank most trusted by clients around the world.”

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About CITIC Securities Company Limited (SSE: 600030, SEHK: 6030)

CITIC Securities Company Limited is a leading full service investment bank in China. Its A shares and H shares are listed on the Shanghai Stock Exchange and the Main Board of The Stock Exchange of Hong Kong Limited, respectively. CITIC Securities maintains top rankings across its principal business areas of securities brokerage, investment banking, and asset management.

CITIC Securities is a composition stock of the SSE 180, SSE 50, CSI 300, SSE Corporate Governance Index, FTSE Xinhua China A50 Index, Dow Jones China 88 Index and SSE Social Responsibility index. It is also a constituent stock of the Hang Seng China H-Financials Index, Hang Seng China AH Index Series, Hang Seng Global Composite Index, Hang Seng Composite Index, Hang Seng Composite Industry Index - Financials, the Hang Seng Composite MidCap Index, Hang Seng China Enterprises Index, Hang Seng Mainland 100 Index, Hang Seng CSI Shanghai-Hong Kong AH Smart Index, SSE SH Equities Index, FTSE China 25 Index, MSCI China Index, and Hang Seng (China A) Corporate Sustainability Index. Since the launch of the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.

For more information about CITIC Securities, please visit http://www.citics.com

You may access CITIC Securities’ A-share annual report via the official website of the Shanghai Stock Exchange http://www.sse.com.cn

You may access CITIC Securities’ H-share annual report via the official website of The Stock Exchange of Hong Kong Limited http://www.hkexnews.hk