DFZQ — Capital/Financing Update 2021

Dec 21, 2021

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company 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.

(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)

ANNOUNCEMENT OF ACCEPTANCE BY THE CSRC OF THE APPLICATION FOR RIGHTS ISSUE

References are made to the announcement of proposed Rights Issue of A Shares and H Shares of 東方 證券股份有限公司 (the “ Company ”) dated March 30, 2021, the notices of the annual general meeting (the “ AGM ”) and the class meeting of H Shareholders (the “ H Shares Class Meeting ”) dated April 15, 2021 and the circular of the AGM and the H Shares Class Meeting (the “ Circular ”) dated April 22, 2021 in relation to, among other things, the proposed Rights Issue of A Shares and H Shares by the Company. Unless the context otherwise requires, terms used in this announcement shall have the same meanings as those defined in the Circular.

Relevant matters of the A Share Rights Issue Plan and H Share Rights Issue Plan were considered and approved at the AGM, the class meeting of A Shareholders dated May 13, 2021 and the H Shares Class Meeting of the Company. The Company has recently submitted to the China Securities Regulatory Commission (the “ CSRC ”) the application materials for approval of public offering of shares by a listed company for the A Share Rights Issue and the application materials for approval of overseas issuance of additional shares for the H Share Rights Issue.

The board of directors of the Company (the “ Board ”) announces that the Company has recently received the CSRC’s Acceptance Notices of the Application for Administrative Permission (No. [213403] and No. [213390]) (《中國證監會行政許可申請受理單》（[213403] 號及 [213390] 號）) issued by the CSRC. According to the above acceptance notices, the CSRC has reviewed the application materials submitted by the Company for approval of public offering of shares by a listed company for the A Share Rights Issue and the application materials for approval of overseas issuance of additional shares for the H Share Rights Issue in accordance with relevant laws and considered that the application materials for the Company’s A Share Rights Issue Plan and H Share Rights Issue Plan are complete, and decided to accept such application for further processing.

– 1 –

The A Share Rights Issue and the H Share Rights Issue are subject to the approval by the CSRC. The Company will perform the obligation of information disclosure in a timely manner in strict accordance with relevant laws and regulations based on the progress of the above matters. Investors are advised to pay attention to the investment risks thereof.

By order of the Board of Directors JIN Wenzhong Chairman

Shanghai, PRC December 21, 2021

As at the date of this announcement, the Board of Directors comprises Mr. SONG Xuefeng and Mr. JIN Wenzhong as executive Directors; Mr. YU Xuechun, Mr. LIU Wei, Mr. ZHOU Donghui, Mr. CHENG Feng, Mr. REN Zhixiang and Ms. ZHU Jing as non-executive Directors; and Mr. XU Zhiming, Mr. JIN Qinglu, Mr. WU Hong, Mr. FENG Xingdong and Mr. LUO Xinyu as independent non-executive Directors.

– 2 –