DFZQ — Capital/Financing Update 2025

Sep 29, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities law of any state of the United States or other jurisdiction. The securities are being offered and sold outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act (the "Regulation S") and may not be offered, sold or otherwise transferred within the United States or to, or for the account and benefit of, U.S. Persons (as defined in Regulation S) absent registration or an exemption from registration under the Securities Act. No public offering of the securities will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited.

NOTICE OF LISTING ON THE STOCK EXCHANGE OF HONG KONG LIMITED

Orient ZhiSheng Limited

(incorporated in the British Virgin Islands with limited liability)

(the "Issuer")

Issue of U.S.$300,000,000 Floating Rate Guaranteed Bonds due 2028 (the "Bonds")

(Stock Code: 5953)

Unconditionally and Irrevocably Guaranteed by

东方证券
—DFZQ—

(a joint stock company incorporated in the People's Republic of China with limited liability under the Chinese corporate name “東方證券股份有限公司” and carrying on business in Hong Kong as “東方證券” (in Chinese) and “DFZQ” (in English))

(Stock Code: 03958)

(the "Guarantor")

Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers

| Orient Securities
(Hong Kong) | ICBC (Asia) | ICBC International | ICBC Singapore | Shanghai Pudong Development Bank Hong Kong Branch |
| --- | --- | --- | --- | --- |
| Standard Chartered Bank | HSBC | China Minsheng Banking Corp., Ltd. Hong Kong Branch | China CITIC Bank International | ABC International |
| | | CMB Wing Lung Bank Limited | | |

---

2

Joint Bookrunners and Joint Lead Managers

DBS Bank Ltd.	Industrial Bank Co., Ltd. Hong Kong Branch	Bank of China (Hong Kong)	Guotai Junan International
Haitong International	Shenwan Hongyuan (H.K.)	Hua Xia Bank Co., Limited Hong Kong Branch	Huatai International
	CMBC Capital	Dongxing Securities (Hong Kong)

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of, and permission to deal in, the Bonds by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited) only, as described in the offering circular dated 24 September 2025. The listing of, and permission to deal in, the Bonds on The Stock Exchange of Hong Kong Limited is expected to become effective on 30 September 2025.

In addition, application has also been made to the Luxembourg Stock Exchange to list the Bonds on the official list of the Luxembourg Stock Exchange and for the Bonds to be admitted to trading on the Professional Segment of the Euro MTF Market of the Luxembourg Stock Exchange. The listing and admission to trading of the Bonds on the Luxembourg Stock Exchange is expected to become effective on 30 September 2025.

Shanghai, PRC
29 September 2025

As at the date of this announcement, the sole director of the Issuer is Ms. Lu Yuanyuan.

As at the date of this announcement, the Board of Directors of the Guarantor comprises Mr. Gong Dexiong, Mr. Lu Weiming and Mr. Lu Dayin as Executive Directors; Mr. Yang Bo, Mr. Shi Lei, Ms. Li Yun, Mr. Xu Yongmiao and Mr. Ren Zhixiang as Non-executive Directors; Mr. Wu Hong, Mr. Feng Xingdong, Mr. Luo Xinyu, Mr. Chan Hon and Mr. Zhu Kai as Independent Non-executive Directors; and Mr. Sun Weidong as Employee Director.