Dear Registered Shareholder(s), GF Securities Co., Ltd. (the "Company") - Notice of Publication of 2025 Interim Report ("Current Corporate Communication") 廣發証券股份有限公司（「本公司」） –2025 年中期報告（「本次公司通訊文件」）之發佈通知 The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at www.gf.com.cn and the HKEXnews website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk. If you want to receive future notices of publication of Corpo ...

（於中華人民共和國註冊成立的股份有限公司） 重要提示 公司董事會、監事會及董事、監事、高級管理人員保證半年度報告內容的真實、準確、完整，不存在虛假記 載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 公司負責人林傳輝先生、主管會計工作負責人孫曉燕女士及會計機構負責人（會計主管人員）余莉紅女士聲 明：保證本半年度報告中財務報告的真實、準確、完整。 公司所有董事均已出席了審議本次半年報的董事會會議。 公司按照國際會計準則編製的2025年半年度財務報告未經審計，但已經安永會計師事務所審閱。除特別說明 外，本報告所列數據以人民幣為單位。 本半年度報告涉及未來計劃等前瞻性陳述，不構成公司對投資者的實質承諾，投資者及相關人士均應當對此 保持足夠的風險認識，並且應當理解計劃、預測與承諾之間的差異。 本公司以中英文兩種語言編製本半年度報告。在對本報告的中英文版本理解上發生歧義時，以中文為準。 公司經營過程中面臨各類風險，主要包括：流動性風險、市場風險、信用風險、合規風險、操作風險、信息 技術風險、聲譽風險等。針對上述風險，公司建立並持續完善內部控制體系、合規及全面風險管理體系， 確保公司在風險可控、可測、可承受的範圍內 ...

投教内容总是枯燥难懂，难以引发共鸣？市场信息纷繁复杂，令人无所适从？别担心！这场分享会将为 你带来满满干货！ 9月24日，广东证券期货业协会联合南方都市报社、湾财社举办投教微视频创作分享交流会活动。届 时，将对广东证券期货业首届微视频比赛获奖单位进行表彰，并由获奖单位代表分享创作心得。同时， 南都湾财社还将围绕投资领域热点舆情事件展开深度交流与探讨，帮助投资者增强风险辨识能力，助力 机构投教内容更具针对性和前瞻性。 19部投教微视频作品获奖 为破解"自说自话"的投教视频宣传情况，助力机构投教工作更好地"走出去"，2024年11月，由广东证券 期货业协会、南方都市报社、湾财社主办的广东证券期货业首届微视频比赛在广州启动。活动获得广东 （不含深圳）证券期货业金融机构积极响应，踊跃参与。这些机构围绕服务实体经济、践行投资者保 护、履行社会责任等比赛主题类别创作了近百部微视频作品。 经过专家评审，最终19部作品脱颖而出。其中，《老吴期遇记 陪伴是最好的防范常回家看看》(广发期 货有限公司）获一等奖；《AI算法?人性算法!》(中粮期货有限公司广东分公司)、《学投资，找正规军 投教基地》(广发证券股份有限公司)、《擦亮双 ...

Group 1 - The global manufacturing investment is expected to rise, with a focus on overseas resource products, industrial goods, consumer goods in Europe and the US, and supply chain companies [1] - Resources with global pricing power include oil and gas, marine engineering, mining, and shipbuilding sectors [1] - Industrial goods with increasing overseas market share include engineering machinery, forklifts, and high-tech equipment [1] - Consumer goods, particularly hand tools in the US, showed significant performance during the last interest rate cut cycle [1] - Companies deeply involved in the global industrial supply chain are also highlighted as potential investment opportunities [1] Group 2 - The global PMI reached a 14-month high in August, with 18 out of 33 countries showing growth, particularly in Southeast Asia, Europe, and the US [2] - Germany's fiscal stimulus has significantly impacted its manufacturing sector, with the manufacturing PMI rising above the 50 mark for the first time in August [2] - The US is promoting manufacturing return through external tariffs and internal tax cuts, leading to increased construction spending, with a focus on traditional industries like metal manufacturing [2] Group 3 - US manufacturing inventory levels are at historical lows, initiating a replenishment cycle after 20 months of active destocking [3] - Retailers are leading the destocking process, which is now transitioning into a replenishment trend, positively affecting manufacturing and wholesale sectors [3] - Different sub-sectors of machinery are experiencing varying levels of expansion, with construction machinery showing the strongest recovery [3] - The recovery in industrial goods is expected to be resilient and sustainable, while consumer goods are more sensitive to interest rates and have a stronger recovery potential [3]

Group 1 - The company held an analyst meeting on September 17, 2025, with participation from analysts of GF Securities [1] - Major clients of the company include Tianshan Aluminum, Henan Shenhuo Coal and Electricity Co., Ltd., and Glencore [1] - The funds raised from the issuance of convertible bonds will primarily be used for the Guinea transshipment project, supplementing working capital, and repaying bank loans [1] Group 2 - The company reported a main revenue of 662 million yuan for the first half of 2025, a year-on-year increase of 49.12% [2] - The net profit attributable to the parent company was 40.81 million yuan, up 3.18% year-on-year [2] - The company’s second-quarter revenue reached 402 million yuan, reflecting a 73.13% year-on-year increase [2] Group 3 - The company has established a comprehensive risk prevention system for its warehousing business, which includes storage, handling, and transfer of ownership of bulk commodities [1] - As of now, the company has been approved for 10 futures delivery warehouse qualifications across four major futures exchanges [1] - The company’s debt ratio stands at 51.19%, with financial expenses amounting to 10.97 million yuan and a gross profit margin of 16.64% [2]

债券"22 广发 11"的票面利率为 2.55%，本次兑付兑息每手(面值 1,000元)"22 广发 11"兑付本息人民币 1,025.50 元(含税)。扣税后个人、证券投资基金债券持有人取得的实际每手派发利息为 1,020.40 元；非 居民企业(包含QFII、RQFII)取得的实际每手派发利息为 1,025.50 元。债券"22 广发 12"的票面利率为 2.95%，本次付息每手(面值 1,000 元)"22 广发 12"派发利息人民币 29.50 元(含税)。扣税后个人、证券投 资基金债券持有人取得的实际每手派发利息为 23.60 元；非居民企业(包含 QFII、RQFII)取得的实际每 手派发利息为 29.50 元。 相关事件 格隆汇9月17日丨广发证券(01776.HK)公告，由广发证券股份有限公司发行的广发证券股份有限公司 2022年面向专业投资者公开发行公司债券(第五期)将于2025年9月19日支付本期债券品种一"22广发 11"自2024年9月19日至2025年9月18日期间的利息及其本金，支付本期债券品种二"22广发12"自2024年9 月19日至2025年9月18日期间的利息。本期债券品种 ...

格隆汇9月17日丨广发证券(01776.HK)公告，由广发证券股份有限公司发行的广发证券股份有限公司 2022年面向专业投资者公开发行公司债券（第五期）将于2025年9月19日支付本期债券品种一"22广发 11"自2024年9月19日至2025年9月18日期间的利息及其本金，支付本期债券品种二"22广发12"自2024年9 月19日至2025年9月18日期间的利息。本期债券品种一发行期限为3年，发行规模为10亿元，票面利率为 2.55%；品种二发行期限为5年，发行规模为5亿元，票面利率为2.95% 债券"22 广发 11"的票面利率为 2.55%，本次兑付兑息每手(面值 1,000元)"22 广发 11"兑付本息人民币 1,025.50 元(含税)。扣税后个人、证券投资基金债券持有人取得的实际每手派发利息为 1,020.40 元；非 居民企业(包含QFII、RQFII)取得的实际每手派发利息为 1,025.50 元。债券"22 广发 12"的票面利率为 2.95%，本次付息每手(面值 1,000 元)"22 广发 12"派发利息人民币 29.50 元(含税)。扣税后个人、证券投 资基金债券持有人取得的实际每手 ...

Group 1 - The issuer, GF Securities Co., Ltd., has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds with a total face value of no more than 20 billion yuan [1] - The current bond issuance is the second phase under the approved registration, with a planned issuance scale of up to 5 billion yuan [1] - The interest rate inquiry for the bonds showed a range of 1.30%-2.30% for the first type and 1.40%-2.40% for the second type, with final rates set at 1.93% and 1.95% respectively [1]

Core Viewpoint - Guangfa Securities has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds totaling up to 20 billion yuan, with a planned issuance scale of no more than 5 billion yuan for the current phase [1] Group 1: Bond Issuance Details - The company plans to issue the fourth phase of corporate bonds aimed at professional institutional investors, with a total face value not exceeding 20 billion yuan [1] - The current bond issuance is the second under the approved registration, with a planned issuance scale of up to 5 billion yuan [1] Group 2: Interest Rate Inquiry - On September 17, 2025, the company and the lead underwriter conducted an interest rate inquiry for the bonds, with the first type's interest rate range set between 1.30% and 2.30%, and the second type's range between 1.40% and 2.40% [1] - The final interest rates for the bonds were determined as follows: Type One (bond abbreviation: "25 Guangfa 07", bond code: "524436") at 1.93%, and Type Two (bond abbreviation: "25 Guangfa 08", bond code: "524437") at 1.95% [1]

证券代码：524436 证券简称：25 广发 07 证券代码：524437 证券简称：25 广发 08 广发证券股份有限公司 2025 年面向专业投资者公开发行公司债券（第四期） 票面利率公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广发证券股份有限公司（以下简称"发行人"）面向专业机构投资者公开发 行面值总额不超过 200 亿元（含）的公司债券已获得中国证券监督管理委员会证 监许可〔2025〕1214 号文同意注册。广发证券股份有限公司 2025 年面向专业投 资者公开发行公司债券（第四期）（以下简称"本期债券"）为前述注册批复项下 的第二期发行，计划发行规模合计不超过 50 亿元（含）。 2025 年 9 月 17 日，发行人和主承销商在网下向专业机构投资者进行了票面 利率询价，品种一利率询价区间为 1.30%-2.30%；品种二利率询价区间为 1.40%-2.40%。根据网下向专业机构投资者询价结果，经发行人与簿记管理人按 照有关规定，在利率询价区间内协商一致，最终确定本期债券品种一（债券简称： "25 广发 07"，债券代码："524436"） ...