Guotai Haitong(02611): Approval from the China Securities Regulatory Commission for publicly issuing perpetual subordinated bonds to professional investors.

Guotai Haitong (02611) has announced that the company has received approval from the China Securities Regulatory Commission (CSRC) for the registration of the issuance of perpetual subordinated bonds to professional investors (CSRC permit [2026] No. 618). The approval includes the following: 1. Approval for the company to publicly issue registered perpetual subordinated bonds with a total face value not exceeding 35 billion RMB to professional investors. 2. The issuance of perpetual subordinated bonds in this case must strictly adhere to the fundraising prospectus submitted to the Shanghai Stock Exchange. 3. This approval is valid for 24 months from the date of registration approval by the CSRC. The company can issue perpetual subordinated bonds in installments within the valid registration period. 4. In the event of significant changes occurring within the validity period of the registration approval by the CSRC until the completion of the issuance of perpetual subordinated bonds, the company must promptly report and handle them in accordance with relevant regulations.