Guotai Junan Securities: Major shareholder transfers A-shares internally

Guotai Junan Securities Co., Ltd. has announced an internal equity change involving its actual controller, Shanghai International Group Co., Ltd. (International Group). Shanghai International Group Asset Management Co., Ltd. (Asset Management Company), a wholly-owned subsidiary of International Group, will transfer 931,505 A-shares (approximately 0.01% of the company's total shares) to Shanghai International Group Asset Management Co., Ltd. (International Group Asset Management Company), another wholly-owned subsidiary of International Group. This gratuitous transfer is driven by internal management needs.

The transfer will not result in any change to the company's controlling shareholder or actual controller, nor will it affect the total number of shares held by International Group and its concert parties. The transaction does not involve any increase or decrease in shareholding, does not trigger a tender offer, and therefore does not require the disclosure of an equity change report.

Post-transfer, International Group and its concert parties will continue to hold a total of 3,320,499,533 A-shares (approximately 18.84% of the total share capital) and 276,000,000 H-shares (approximately 1.57% of the total share capital), maintaining a combined shareholding ratio of 20.40%. The transfer is pending registration with China Securities Depository and Clearing Corporation Limited.