CITIC Securities : VOLUNTARY ANNOUNCEMENT - INCREASE OF SHAREHOLDING IN THE COMPANY BY THE PARTY ACTING IN CONCERT WITH THE LARGEST SHAREHOLDER

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(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6030)

VOLUNTARY ANNOUNCEMENT

INCREASE OF SHAREHOLDING IN THE COMPANY BY

THE PARTY ACTING IN CONCERT WITH

THE LARGEST SHAREHOLDER

This announcement is made by CITIC Securities Company Limited (the "Company") on a voluntary basis.

On 30 April 2021, the Company received the Notice of Increase of Shareholding in CITIC Securities Company Limited by CITIC Limited from the largest shareholder of the Company, CITIC Corporation Limited, in which it is mentioned that: CITIC Limited holds 100% equity interest in CITIC Corporation Limited. During the period from 22 March to 29 April 2021, CITIC Limited increased its shareholding in the Company by an aggregate of 259,000,000 H shares via centralized bidding trading (the "Increase of Shareholding"), representing 2% of the issued shares of the Company. Upon completion of the Increase of Shareholding, CITIC Limited (directly and indirectly through CITIC Corporation Limited) holds a total of 1,999,695,746 A shares and 259,000,000 H shares of the Company, representing a total of 17.47% of the issued shares of the Company. The Increase of Shareholding of CITIC Limited is an operation made with reference to the policy environment, market conditions, share price performance and other factors, and based on a comprehensive decision of its own operating conditions. The Increase of Shareholding does not cause change in the largest shareholder of the Company.

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The shareholdings of the Company's largest shareholder and its party acting in concert both before and after the Increase of Shareholding are as follows:

			Shares of the Company	Shares of the Company
			held directly before the	held directly after the
			Increase of Shareholding	Increase of Shareholding
			Number of		Number of
Name of			shares	Shareholding	shares	Shareholding
shareholder	Nature of shares	(shares)	percentage	(shares)	percentage
CITIC Corporation	Total number of	1,999,695,746	15.47%	1,999,695,746	15.47%
Limited		shares held
	Including: shares not	1,999,695,746	15.47%	1,999,695,746	15.47%
		subject to trading
		moratorium
CITIC Limited	Total number of	156,000,000	1.21%	259,000,000	2.00%
		shares held
	Including: shares not	156,000,000	1.21%	259,000,000	2.00%
		subject to trading
		moratorium
Total	Total number of	2,155,695,746	16.68%	2,258,695,746	17.47%
		shares held
	Including: shares not	2,155,695,746	16.68%	2,258,695,746	17.47%
		subject to trading
		moratorium

Note: After the Increase of Shareholding, shares of the Company held by CITIC Corporation Limited and CITIC Limited shall carry voting rights and there is no restriction of rights due to entrustment or restriction of voting rights, and no restriction on transfer of shares.

By order of the Board

CITIC Securities Company Limited

ZHANG Youjun

Chairman

Beijing, the PRC

30 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. ZHANG Youjun and Mr. YANG Minghui; the non-executive director is Mr. WANG Shuhui; and the independent non-executive directors are Mr. LIU Ke and Mr. ZHOU Zhonghui.

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