HTSC Tables 2025 AGM Agenda: 400% Net-Asset Debt Mandate, RMB4.96 Billion Cash Dividend

Huatai Securities Co., Ltd. (HTSC) will hold its 2025 annual general meeting on 26 June 2026 in Nanjing. Key resolutions to be voted on include:

• General mandate for onshore and offshore debt financing – The Board seeks approval to issue a range of debt instruments, with the outstanding balance capped at 400% of the Company’s latest net assets. The mandate covers bonds, notes, asset-backed securities and bank facilities with maturities of up to 15 years and will remain valid until the 2028 AGM.

• 2025 profit distribution – Total cash dividend proposed is RMB4.96 billion, equal to RMB0.55 per share and 30.30% of 2025 consolidated net profit. Of this, RMB0.15 has already been paid as an interim dividend; the final cash dividend of RMB0.40 per share will be distributed within two months of AGM approval.

• Interim dividend authorisation – The Board requests authority to determine the 2026 interim cash dividend, limited to 30% of interim net profit.

• Proprietary investment ceiling – Management may invest up to 100% of net capital in equity securities and up to 500% of net capital in non-equity securities during 2026.

• Estimated 2026 related-party transactions – Routine business dealings with major state-owned shareholders and other related parties will be carried out on market terms, with actual amounts to be disclosed after year-end.

• Change of business scope – Bond underwriting for non-financial enterprise debt and most financial bonds will be transferred to subsidiary Huatai United Securities; HTSC will focus on government and policy financial bonds.

• Board and governance items – – Re-appointment of Deloitte as auditor for 2026 with a fee cap of RMB5.58 million. – Nomination of Professor Ye Jinqiang as independent non-executive director, replacing Mr Wang Jianwen. – Adoption of a Basic Remuneration Management System; updates to independent director, related-party transaction, external guarantee and proceeds management rules.

Other ordinary business includes the 2025 annual report, work reports of the Board and independent directors, and renewal of general share-issue authority.

Shareholders registered by 26 June 2026 may vote in person or by proxy; the proxy deadline is 25 June 2026.