CITIC Securities : 2022 FIRST QUARTERLY RESULTS

About this update from Citic Securities Co. Ltd. Class A

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (A joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock Code: 6030) 2022 FIRST QUARTERLY RESULTS This announcement is made pursuant to the disclosure obligations under Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the " Listing Rules ") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). The unaudited results of the Group for the first quarter ended 31 March 2022 are summarized as follows: The Group recorded an operating revenue of RMB15,216,257,790.55; the net profit attributable to owners of the parent amounted to RMB5,229,072,056.83. This report was prepared in accordance with the relevant disclosure requirements applicable to quarterly reports of listed companies issued by the China Securities Regulatory Commission. The financial information contained in this report was prepared in accordance with the PRC GAAP. The contents of this announcement are consistent with the relevant announcement published by the Company on the Shanghai Stock Exchange. This announcement is published simultaneously in Hong Kong and Mainland China. 1 §1 Important Notice The board of directors (the " Board ") and the supervisory committee (the " Supervisory Committee "), together with the directors (the " Directors "), supervisors and senior management of CITIC Securities Company Limited (the " Company ") warrant the truthfulness, accuracy and completeness of this report and that there is no false representation, misleading statement contained herein or material omission from this report, and for which they will assume joint and several legal liabilities. This report was considered and approved at the 39th Meeting of the Seventh Session of the Board of the Company with all the Directors attended. None of the Directors raised any objection to this report. The person in charge of the Company, and the person in charge of and head of the Company's accounting department warrant that the financial statements set out in this report are true, accurate and complete. This report is unaudited and prepared in accordance with the disclosure requirements for, and in the required form of financial statements under the Generally Accepted Accounting Principles in the People's Republic of China (the " PRC GAAP "). The Company prepared this report in both English and Chinese languages. In the event of any discrepancy between the English version and Chinese version of this report, the Chinese version shall prevail. "Reporting Period" refers to the three months ended 31 March 2022. "Group" refers to the Company and its subsidiaries. 2 §2 Basic Information of the Company 2.1 Key financial data In RMB Yuan Change as compared to the same Three months ended period of 31 March 2022 last year (%) Operating revenue 15,216,257,790.55 -7.20 Net profit attributable to owners of the parent 5,229,072,056.83 1.24 Net profit attributable to owners of the parent excluding extraordinary gains and losses 5,168,940,448.64 1.66 Net cash inflow/(outflow) from operating activities 77,422,190,258.81 537.02 Basic earnings per share (RMB/share) 0.36 -10.00 Diluted earnings per share (RMB/share) 0.36 -10.00 Decreased by 0.55 percentage Return on weighted average equity (%) 2.26 point Change as compared to the end of 31 March 2022 31 December 2021 last year (%) Total assets 1,362,130,539,501.33 1,278,664,775,096.62 6.53 Equity attributable to owners of parent 244,320,199,544.30 209,171,333,355.47 16.80 3 Items and amounts of extraordinary gains and losses In RMB Yuan Three months ended Items 31 March 2022 Notes Profits or losses from disposal of non-current assets 7,304,046.49 Mainly profits from disposal of fixed assets Government subsidies accounted for current period 86,008,439.17 Mainly profit and loss except for government subsidies government closely related to the Company's ordinary subsidies business, which are in line with national policies, calculated according to certain standards or continuously granted in fixed amount Non-operating income/expenses other than -11,436,573.44 - the above items Less: Effect on income tax 19,769,534.39 - Effect on non-controlling interests, after tax 1,974,769.64 - Total 60,131,608.19 - 2.2 Significant changes in major accounting data and financial indicators of the Company and the reasons thereof Increase/Decrease Items (%) Main reason Gains and losses arising from 194.63 Change of fair value of financial instruments due to changes in the fair value fluctuation in the securities market Foreign exchange gains and losses -97.47 Change in foreign exchange rate Gains from disposal of assets 523.35 Increase in gain of disposal of non-current assets Impairment losses on other assets -131.80 Decrease in provision for inventory depreciation by subsidiaries Expected credit losses -219.08 Decrease in provision for expected credit losses on financing business 4 Increase/Decrease Items (%) Main reason Non-operating income -47.46 Decrease in government subsidies not relating to the daily operation of the Company Non-operating expenses 183.33 Increase in charity donations Other comprehensive income, 82.20 Change in fair value of other debt instruments net of tax investments and foreign currency translation Net cash inflow/(outflow) from 537.02 Increase in net cash inflow from financial assets held operating activities for trading, financing and repurchase business Net cash inflow/(outflow) from 33.20 Increase in net cash inflow from financing activities financing activities due to rights issue and issuance of perpetual bonds Note: Increases/decreases stated in this statement are changes as compared to the same period of last year §3. Information on Shareholders 3.1 Total number of shareholders and shareholdings of the top 10 shareholders and top 10 holders of tradable shares (or shareholders whose shares are not subject to trading moratorium) as at the end of the Reporting Period Total number of shareholders 628,510 5 This is an excerpt of the original content. To continue reading it, access the original document here .

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