Haitong Securities Co. Ltd. Reports 2020 Preliminary Results1 Despite

Press Release – March 4, 2021

Haitong Securities Co. Ltd. reports 2020 Preliminary Results1

Despite the pandemic, the ultimate Shareholder of Haitong Bank registered a remarkable Net Profit growth of 14.2% in 2020 to EUR 1.4 billion

2020 Performance Highlights

 Total revenue: RMB 38.2bn (EUR 4.7bn); +9.5% YoY

 Profit before income tax: RMB 15.8bn (EUR 2.0bn); +14.6% YoY

 Net profit: RMB 10.9bn (EUR 1.4bn) vs. RMB 9.5bn (EUR 1.2bn) in 2019; +14.2% YoY

 Total assets: RMB 694bn (EUR 86.5bn); +8.9% YoY

Note: Exchange rate of EUR/RMB 8.0225 as of December 31th, 2020.

Financials

The ultimate Shareholder of Haitong Bank – Haitong Securities Co. Ltd. (“Haitong Securities”) – reported a 2020 Net Profit of RMB 10.9bn (EUR 1.4bn) vs. RMB 9.5bn (EUR 1.2bn) in 2019. Profit before income tax was RMB 15.8bn (EUR 2.0bn), 14.6% above last year. Total revenues reached RMB 38.2bn (EUR 4.7bn, +9.5% YoY), benefitting from the good performance of the main stock markets and trading, and also from the increase in the volume of transactions.

Despite the COVID-19 pandemic, the securities markets in Shanghai and Shenzhen fluctuated with an upward trend and increased volumes YoY: the Shanghai Stock Exchange Composite Index gained 14% and the Shenzhen Stock Exchange Component Index jumped by 39% in 2020.

1 Preliminary consolidated and unaudited accounting data prepared in accordance with GAAP of the People’s Republic of China 1

Press Release – March 4, 2021

Haitong Group maintained a stable operating performance in all its business lines with a solid asset structure and strong liquidity levels. By the end of 2020, Total Assets reached RMB 694bn (EUR 86.5bn), which represents an 8.9% increase YoY.

About Haitong Securities

Haitong Securities is a listed company in the Shanghai and Hong Kong Stock Exchanges, with a total market cap of RMB 135.6bn, equivalent to EUR 17.4bn.

Haitong Securities has an outstanding comprehensive financial platform ranking at the top 3 brokerage and financial companies in China. The Group’s branch network covers six international financial centres in New York, London, Tokyo, Shanghai, Singapore, and Hong Kong. The Group has 344 securities and futures branches (including 304 securities branches and 40 futures branches) spanning across 30 provinces, municipalities, and autonomous regions in the PRC. The Company also established branches and subsidiaries in 14 countries and regions in five continents (Asia, Europe, North America, South America, and Oceania). With a nationwide branch network and a strategic international presence, the Group serves approximately 17 million domestic and overseas customers.

Through Haitong International, Haitong Bank and a Branch in the Shanghai Free Trade Zone (“FTZ”), the Group has been growing internationally, outside of China, particularly in the Asian- Pacific, Europe, US and LatAm regions.

For further information please contact AMP Associates: João Costa Pereira + 351 211 921 396 / +351 927 489 394 [email protected]