• Robust Revenue Growth: Total revenue grew to RMB 20.98 billion, up 5.86% year-on-year, reinforcing its top-tier position in the industry.
• Prominent Net Profit Growth: Net profit attributable to shareholders reached RMB 7.55 billion, a year-on-year increase of 42.16%, demonstrating high-quality development.
• Capital Markets Leadership: The company ranked #2 in IPO underwriting by value in the A-share market, and #1 in both M&A advisory volume and ABS issuance.

Reflecting its strong performance, the company has declared an interim dividend of RMB 1.5 per 10 shares, continuing its commitment to delivering shareholder value.

As China's economy advances through innovation and further opens to the world, the demand for sophisticated global financial services is accelerating. Huatai is dedicated to delivering world-class financial solutions with client-centric approach, combined with deep capital markets expertise and advanced digital platforms. By aligning its professional strengths with key economic priorities, the company is committed to providing the financial catalyst for China's next phase of growth.

Powering China's Innovation Economy

Huatai's growth is deeply intertwined with China's innovation-driven economy. This leadership was evident in the first half of 2025, where the company demonstrated its full-service capabilities in supporting enterprises in key sectors like technology, healthcare, and green energy:

• Capital Markets Dominance: Equity underwriting included 14 deals valued at RMB 49 billion. The company ranked #2 in IPO underwriting by value in the A-share market and #1 by volume of disclosed regulatory-registered M&A deals as independent financial advisor.
• Financing Innovation: Huatai underwrote 108 technology and innovation bonds totaling RMB 37.1 billion and 27 green bonds amounting to RMB 6.9 billion, channeling capital towards sustainable development.
• Private Equity: Huatai's private equity arm, Huatai Zijin, managed 32 active funds and completed 15 new investments in the first half, fostering regional economic growth and strategic synergies.
• Asset Securitization and REITs: Huatai Asset Management led the industry by issuing 77 new ABS products and launching the market's first manager-led ABS index. The company also ranked #1 in public REITs issuance, with a total scale of RMB 4.7 billion.
• Public Finance Leadership: The company also ranked #1 in the industry for local government bond underwriting, with successful bids totaling RMB 12.8 billion, according to the Securities Association of China.

Strengthening a Seamless Cross-Border Network

To meet evolving market and client demands, Huatai is strategically enhancing its cross-border capabilities to power the globalization of Chinese enterprises. This momentum was clear in the first half of the year:

• Strategic Licensing: Huatai secured a Mainboard Sponsor license in Singapore, a non-U.S. sovereign debt broker-dealer qualification in the U.S., and, in July 2025, an FPI license to access India's capital markets.
• Hong Kong Market Leadership: The company cemented its top-tier position in Hong Kong, executing multiple landmark projects and acting as a sponsor on 9 IPOs, ranking #2 by number of deals.
• Global Research & Sales: The company's research coverage of overseas-listed companies surged by 125%, and the number of overseas reports grew 96%.

Driving Next-Generation Finance with AI

With its "All In AI" vision, Huatai is fundamentally reshaping financial services. The company has deployed a proprietary, full-stack AI platform that leverages its deep financial data and scenario expertise to drive intelligent upgrades across investment research, advisory, banking, and operations. The next phase of Huatai's AI strategy marks a strategic shift from isolated "scenario breakthroughs" to comprehensive "system building," focusing on two objectives: enhancing efficiency and optimizing services.

• Enhancing Efficiency: Internally, the company is actively pioneering the use of AI agents as a 'digital workforce,' moving from 'Q&A' interactions and content generation to sophisticated task execution. This approach aims to amplify employee capabilities and boost organizational efficiency by improving work productivity, convenience, and data insights.

• Optimizing Services: By embracing the latest technological trends and deeply integrating AI into its financial services, Huatai is moving beyond mere efficiency gains toward a fundamental reinvention of its service model, helping to pioneer the next phase of the industry's AI+digital development.

Looking ahead, Huatai will continue to use its deep industry insight and technological foresight to champion industrial growth and guide Chinese enterprises through an increasingly uncertain global market.

Hashtag: #HuataiSecurities

The issuer is solely responsible for the content of this announcement.

About Huatai Securities

Incorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.

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