CITIC Securities: The approval of the China Securities Regulatory Commission for the public issuance of corporate bonds not exceeding RMB 60 billion to professional investors.

China Securities Regulatory Commission Announcement, the company has received approval from the China Securities Regulatory Commission for the public issuance of corporate bonds to professional investors by CITIC Securities Co., Ltd. According to this approval, the company can publicly issue corporate bonds with a total face value not exceeding 60 billion yuan to professional investors. This approval is valid for 24 months from the date of registration approval, and the company can issue the bonds in installments during the validity period of registration. The board of directors and management team of the company will carry out the issuance of corporate bonds in accordance with relevant laws and regulations and the requirements of the aforementioned approval, based on the authorization of the company's 2023 shareholders' meeting.