Guotai Haitong Securities reduces capital, share count after buyback

Guotai Haitong Securities Co., Ltd. has completed the market entity change registration for its registered capital, following a share buyback and cancellation of restricted A-shares. This action, approved at the 2024 annual general meeting on May 29, 2025, involved the repurchase and cancellation of 782,867 restricted A-shares. The shares were held by 24 incentive recipients whose employment contracts were terminated or whose performance evaluations did not meet required standards.

As a result of this transaction, the company's registered capital has decreased from RMB 17,629,708,696 to RMB 17,628,925,829. Similarly, the total number of issued shares has been reduced from 17,629,708,696 shares to 17,628,925,829 shares. A-shareholdings now total 14,123,165,981 shares, representing 80.11% of the total, while H-shareholdings remain at 3,505,759,848 shares, or 19.89% of the total.

The company has obtained a new business license from the Shanghai Market Supervision and Administration Bureau, reflecting these changes, and has also completed the necessary amendments and filings for its Articles of Association with the same authority. The updated registration details confirm the company’s unified social credit code as 9131000063159284XQ and its registration in the China (Shanghai) Pilot Free Trade Zone.