中国银河证券股份有限公司（以下简称"公司"）已于 2023 年 8 月 31 日发 布公司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半 年度经营成果、财务状况，公司计划于 2023 年 9 月 13 日下午 15:00-16:00 举行 2023 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 | 证券代码：601881 | 证券简称：中国银河 公告编号：2023-058 | | --- | --- | | 债券代码：113057 | 债券简称：中银转债 | 中国银河证券股份有限公司 关于召开2023年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带 责任。 重要内容提示： 总裁：王晟 副总裁/财务负责人：薛军 独立董事：刘瑞中 四、投资者参加方 ...

Financial Performance - The company's operating revenue for the first half of the year was CNY 17.41 billion, a decrease of 4.38% compared to the same period last year[29]. - Net profit attributable to shareholders was CNY 4.94 billion, representing an increase of 14.15% year-on-year[29]. - The net cash flow from operating activities was CNY 1.76 billion, a significant decline of 96.85% compared to the previous year[29]. - Total assets at the end of the reporting period reached CNY 690.49 billion, an increase of 10.44% from the end of the previous year[29]. - The basic earnings per share for the first half was CNY 0.45, up 15.38% from the same period last year[30]. - The weighted average return on equity increased to 5.10%, up 0.90 percentage points year-on-year[30]. - The company's total liabilities increased to CNY 572.90 billion, reflecting a growth of 9.62% compared to the previous year[29]. - The company's total revenue for the reporting period was approximately RMB 17.41 billion, representing a year-over-year decrease of 4.38%[69]. - The operating income from wealth management was RMB 4.96 billion, accounting for 28.46% of total revenue[69]. - The international business generated RMB 1.06 billion in revenue, which is 6.09% of total revenue[69]. Risk Management - The company faces significant risks due to reliance on the overall economic and market conditions in China and other regions[6]. - The company emphasizes risk management strategies across organizational structure, management mechanisms, and information technology[6]. - The company is committed to monitoring risks associated with innovative businesses and products[6]. - The company's overall risk management remains effective, with no significant risks reported during the period[81]. - The company maintains a controllable liquidity risk, with sufficient high-quality liquid assets and reserves[90]. - The company employs various measures to manage operational risks, including a clear organizational structure and risk awareness training[90]. - The company has established a comprehensive risk management system, enhancing risk management tools and methods to ensure stable operations[92]. Shareholder Information - The company holds 50.13% of its issued share capital by its controlling shareholder, China Galaxy Financial Holdings[12]. - The largest shareholder, China Galaxy Financial Holdings Co., Ltd., held 5,186,538,364 shares, representing 50.13% of the total shares[163]. - The second-largest shareholder, Hong Kong Central Clearing Limited, held 3,688,353,546 shares, accounting for 35.65% of the total shares[163]. - The total number of ordinary shareholders was 121,427, including 120,769 A-share ordinary shareholders and 658 H-share registered shareholders[162]. Corporate Governance - The company has not experienced any non-operational fund occupation by controlling shareholders or related parties[5]. - The company has not reported any significant changes in its board of directors or supervisory board members[4]. - The company’s governance structure ensures compliance with laws and regulations, maintaining a good corporate image[150]. - The board of directors held 4 meetings and reviewed 26 proposals, enhancing decision-making efficiency[151]. - The company reported that all risk control indicators remained compliant with regulatory requirements throughout the reporting period[103]. Business Operations - The company holds various business qualifications, including securities brokerage, investment consulting, and asset management, which are crucial for its operational capabilities[19][20]. - China Galaxy Securities has maintained its status as a member of both the Shanghai Stock Exchange and the Shenzhen Stock Exchange, enhancing its market presence[20]. - The company is actively involved in various financial services, including securities investment fund distribution and margin trading, which are essential for its growth strategy[19]. - The company has established a comprehensive information disclosure system, utilizing multiple financial newspapers and online platforms for transparency[25]. Capital and Financing - The registered capital of China Galaxy Securities Co., Ltd. remains at CNY 10,137,258,757, while net capital increased to CNY 91,700,845,962.39 from CNY 79,078,332,752.04 year-over-year, representing a growth of approximately 15.5%[18]. - The company has completed the conversion of 209,837,449 shares from its A-share convertible bonds, increasing the total share capital to 10,347,117,125 shares[18]. - The company issued a total of 50 billion RMB in perpetual subordinated bonds in 2023, with interest rates of 3.63% and 3.58% for the first and second phases respectively[181]. - The total interest-bearing debt of the company reached RMB 385 billion as of the end of the reporting period, an increase of 11.73% compared to the end of the previous year[189]. Social Responsibility - The company allocated RMB 8.26 million for poverty alleviation and rural revitalization efforts, including RMB 6.8 million for projects in Jingning County[117]. - The company helped sell agricultural products worth RMB 3.91 million and donated winter clothing to 454 students in need[117]. - The company has committed to controlling greenhouse gas emissions and waste generation in its operations[116]. Strategic Initiatives - The company aims to enhance its international business, particularly in Southeast Asia, where it has established a significant presence through acquisitions[45]. - The company is committed to a new strategic plan for 2023-2025, focusing on integrated services and digital transformation[39]. - The company plans to acquire a 50% stake in Galaxy Fund Management, pending approval from the Ministry of Finance and the China Securities Regulatory Commission[137].

Financial Performance - China Galaxy Securities reported an unaudited interim revenue of RMB 78 billion for the six months ended June 30, 2023, reflecting a year-on-year increase of 15%[1]. - The company achieved a net profit of RMB 12 billion during the same period, representing a growth of 20% compared to the previous year[1]. - Total revenue for the first half of 2023 was RMB 23,006,833 thousand, a decrease of 0.61% compared to RMB 23,148,616 thousand in the same period of 2022[8]. - Profit before tax increased by 3.16% to RMB 5,156,233 thousand from RMB 4,998,454 thousand year-on-year[8]. - Net profit attributable to the company's owners rose by 14.15% to RMB 4,939,222 thousand, up from RMB 4,327,003 thousand in the previous year[8]. - Basic earnings per share increased by 15.38% to RMB 0.45 from RMB 0.39 in the previous year[8]. - The total comprehensive income for the period was RMB 4,568,391 thousand, down from RMB 6,742,041 thousand year-over-year, representing a decline of about 32.3%[134]. - The profit attributable to equity holders of the company for the six months ended June 30, 2023, was RMB 4,567,612, an increase from RMB 3,989,935 for the same period in 2022, representing a growth of approximately 14.5%[166]. Client and Market Expansion - User data indicates an increase in active clients by 25%, reaching a total of 1.5 million clients as of June 30, 2023[1]. - The company has set a target for a 10% increase in revenue for the second half of 2023, driven by enhanced trading services and market expansion strategies[1]. - Market expansion efforts include entering two new provinces in China, aiming to increase market share by 5% in these regions by the end of 2024[1]. - The total number of customers exceeded 15 million, with a total market value of customer-held securities amounting to RMB 3.81 trillion, capturing a market share of 5.32% and ranking 4th in the industry[19]. - The number of institutional clients increased by 4.32% to 29,700, with PB business scale reaching RMB 273.3 billion[25]. Technology and Innovation - The company is investing RMB 5 billion in technology development to enhance its trading platform and improve user experience[1]. - A strategic partnership has been established with a leading technology firm to leverage AI in trading analytics, expected to enhance decision-making capabilities[1]. - New product offerings include a range of innovative financial products aimed at retail investors, expected to launch in Q4 2023[1]. - The company has successfully developed a new electronic swap trading system, enhancing transaction execution efficiency and user experience[29]. Financial Position and Assets - Total assets as of June 30, 2023, reached RMB 690,490,545 thousand, reflecting a growth of 10.44% from RMB 625,222,928 thousand at the end of 2022[8]. - Total liabilities increased by 9.62% to RMB 572,899,193 thousand from RMB 522,601,017 thousand at the end of 2022[8]. - The company's equity attributable to owners rose by 14.59% to RMB 117,567,959 thousand from RMB 102,598,726 thousand at the end of 2022[8]. - The company's financial assets held for trading increased by 29.97% to RMB 223.442 billion, primarily due to an increase in bond and fund investments[17]. - The company's net assets were RMB 117.568 billion, with a weighted average return on net assets of 5.10%, an increase of 0.90 percentage points year-on-year[20]. Risk Management - The company's overall risk is manageable, with no significant risks reported during the period, despite external events affecting the market[71]. - The company has established a liquidity risk indicator system, monitoring liquidity risk daily and conducting regular stress tests to assess liquidity risk levels under pressure scenarios[78]. - The company's credit risk preference remains relatively stable, with approximately 95.99% of credit bond investments rated AA+ or above, indicating a low default risk[77]. - The company has implemented a comprehensive risk management system, focusing on continuous improvement and the application of risk management tools[81]. Bond Issuance and Financing - The company issued A-share convertible bonds totaling RMB 7.8 billion, with a maturity of six years and a coupon rate increasing from 0.2% to 2.0% over the term[45]. - The company has issued various bonds, including a total of RMB 30 million with a 3.70% interest rate, maturing on October 23, 2023[52]. - The company has plans for future bond issuances to enhance capital structure and liquidity[57]. - The company raised a total of RMB 25 billion from the public issuance of bonds, with all funds fully utilized[62]. Corporate Governance and Compliance - The company strictly complies with the Corporate Governance Code and has met most of the recommended best practices[115]. - The audit committee reviewed the company's accounting policies and discussed risk management and internal controls[119]. - The company has not received any administrative penalties or regulatory measures from financial regulatory authorities during the reporting period[94]. - The board of directors consists of 11 members, including 2 executive directors and 4 independent non-executive directors[117]. Social Responsibility and Environmental Impact - The company allocated a total of RMB 8.26 million for poverty alleviation and rural revitalization efforts, including RMB 6.8 million for targeted assistance in Jingning County[101]. - The company has committed to reducing greenhouse gas emissions and has implemented energy-saving measures in office areas, including the installation of sensor faucets and timed lighting systems[100]. - The company has actively participated in green finance initiatives, including assisting local governments in issuing green bonds for ecological protection projects[99]. - The company has established a system for waste management, achieving 100% recycling of certain office materials to minimize environmental pollution[100].

| 证券代码：601881 | 证券简称：中国银河 | 公告编号：2023-054 | | --- | --- | --- | | 债券代码：113057 | 债券简称：中银转债 | | 中国银河证券股份有限公司2023年面向专业投资者 公开发行公司债券（第二期）发行结果公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带 责任。 根据中国证券监督管理委员会《关于同意中国银河证券股份有限公司向专业 投资者公开发行公司债券注册的批复》（证监许可[2022]1487 号），中国银河证 券股份有限公司（以下简称"发行人"）获准向专业投资者公开发行面值不超过 人民币 300 亿元公司债券。 根据《中国银河证券股份有限公司 2023 年面向专业投资者公开发行公司债 券（第二期）募集说明书》，中国银河证券股份有限公司 2023 年面向专业投资 者公开发行公司债券（第二期）（以下简称"本期债券"）的发行规模不超过人 民币 50 亿元（含 50 亿元），分为两个品种：品种一发行期限为 3 年期；品种 二发行期限为 5 年期，两个品种间可互拨。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內 容而引致之任何損失承擔任何責任。 中國北京 2023年8月16日 於本公告日期，本公司執行董事為陳亮先生（董事長）及王晟先生（副董事長及總裁）；非執行董事為楊 體軍先生、李慧女士、劉昶女士、劉志紅先生及江月勝先生；以及獨立非執行董事為劉瑞中先生、 王珍軍先生、劉淳女士及羅卓堅先生。 （在中華人民共和國註冊成立之股份有限公司） （股份代號：06881） 董事會會議通告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.43條而作出。 中國銀河證券股份有限公司（「本公司」）董事會（「董事會」）謹此公告將於2023年8月30日（星期三）舉行 董事會會議，藉以（其中包括）考慮及批准本公司及其附屬公司截至2023年6月30日止六個月的中期業 績及其發佈。 承董事會命 中國銀河證券股份有限公司 陳亮 董事長及執行董事 ...

| 证券代码：601881 | 证券简称：中国银河 公告编号：2023-051 | | --- | --- | | 债券代码：113057 | 债券简称：中银转债 | 中国银河证券股份有限公司 第四届董事会第十八次会议（临时）决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带 责任。 同意聘任刘冰先生担任公司业务总监、执行委员会委员，聘期自董事会审议 通过之日起，至公司第四届董事会届满之日止。 2023 年 8 月 10 日，中国银河证券股份有限公司（以下简称"公司"）以通 讯方式召开第四届董事会第十八次会议（临时）。本次会议通知已于 2023 年 8 月 4 日以电子邮件方式发出，全体董事一致同意豁免本次会议通知期限。本次会 议应参加表决董事 11 名，实际参加表决董事 11 名。董事会全体董事按照董事 会议事规则的相关规定参加了本次会议的表决。本次会议的召集、召开及表决程 序符合《中华人民共和国公司法》和《公司章程》的规定。 会议形成如下决议： 通过《关于提请聘任刘冰先生担任公司业务总监、执行委员会委员的议案》 特此 ...

特此公告。 中国银河证券股份有限公司董事会 | 证券代码：601881 | 证券简称：中国银河 | 公告编号：2023-052 | | --- | --- | --- | | 债券代码：113057 | 债券简称：中银转债 | | 中国银河证券股份有限公司 关于高级管理人员任职的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带 责任。 中国银河证券股份有限公司（以下简称"公司"或"银河证券"）于 2023 年 8 月 10 日召开第四届董事会第十八次会议（临时），审议通过了《关于提请 聘任刘冰先生担任公司业务总监、执行委员会委员的议案》，同意聘任刘冰先生 担任公司业务总监、执行委员会委员，聘期自本议案审议通过之日起，至公司第 四届董事会届满之日止。 截至本公告披露日，刘冰先生未持有公司股份，与公司其他董事、监事、高 级管理人员、实际控制人及持股 5%以上的股东之间不存在关联关系，其任职资 格符合《公司法》《公司章程》《证券基金经营机构董事、监事、高级管理人员 及从业人员监督管理办法》相关规定，不存在《上海证券交易所上市公司 ...

任程序规范，符合《公司章程》等有关规定；同意刘冰先生担任 公司业务总监、执行委员会委员。 《关于提请聘任刘冰先生担任公司业务总监、执行委员 会委员的议案》的独立意见 经审阅刘冰先生的个人履历、任职资格等有关情况，基于独 立判断的立场，未发现其存在《公司法》、公司股票上市地相关 法律法规规范性文件及《中国银河证券股份有限公司章程》规定 的不得担任高级管理人员的情形，亦未发现其存在被中国证监会 确定为市场禁入者或者禁入尚未解除的情形；任职资格符合《公 司法》、《证券基金经营机构董事、监事、高级管理人员及从业人 员监督管理办法》等相关法律法规规范性文件以及《中国银河证 券股份有限公司章程》的规定，具备担任公司高级管理人员的条 件。刘冰先生的教育背景、任职经历、专业能力和职业素养能够 满足履行公司业务总监、执行委员会委员的要求；刘冰先生的聘 独立董事对于中国银河证券股份有限公司 第四届董事会第十八次会议（临时）相关事项的独立意见 根据《上市公司独立董事规则》《上市公司治理准则》《中国 银河证券股份有限公司章程》（以下简称《公司章程》）及《中国 银河证券股份有限公司独立董事工作细则》等相关规定，作为中 国银河证券股份有 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 8,697,432,828.40, representing an increase of 18.54% compared to the same period last year[4]. - The net profit attributable to shareholders for Q1 2023 was CNY 2,249,061,846.86, reflecting a growth of 44.23% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,255,680,832.50, up by 45.24% from the previous year[4]. - The basic earnings per share for Q1 2023 increased to CNY 0.21, a rise of 50.00% compared to the same period last year[6]. - The diluted earnings per share for Q1 2023 was CNY 0.19, marking a 35.71% increase year-on-year[6]. - The weighted average return on equity for Q1 2023 was 2.36%, an increase of 0.72 percentage points compared to the previous year[6]. - Total operating revenue for Q1 2023 was CNY 8,697,432,828.40, an increase of 18.6% from CNY 7,337,087,526.07 in Q1 2022[18]. - Net profit for Q1 2023 reached CNY 2,248,818,409.08, up 44.2% compared to CNY 1,559,340,428.19 in Q1 2022[19]. - Earnings per share for Q1 2023 were CNY 0.21, compared to CNY 0.14 in Q1 2022[19]. - The company reported a significant increase in fair value gains of CNY 830,966,534.51, compared to a loss of CNY 272,559,149.58 in Q1 2022[18]. - The company’s total operating expenses for Q1 2023 were CNY 6,122,922,489.17, an increase from CNY 5,632,376,750.93 in Q1 2022[18]. - Other comprehensive income after tax for Q1 2023 was CNY 722,699,413.70, compared to a loss of CNY 83,610,916.86 in Q1 2022[19]. - Net profit for Q1 2023 was CNY 1,915,726,305.91, compared to CNY 1,318,383,877.81 in Q1 2022, reflecting a 45.3% increase[27]. - Investment income for Q1 2023 was CNY 1,182,305,828.10, significantly up from CNY 505,325,182.82 in the same period last year, marking a 133.4% increase[26]. Cash Flow and Investments - The net cash flow from operating activities decreased by 69.00% to CNY 5,404,471,130.60 compared to the same period last year[6]. - In Q1 2023, the net cash flow from operating activities was ¥5,404,471,130.60, a decrease of 69.0% compared to ¥17,432,704,552.09 in Q1 2022[21]. - Total cash inflow from investment activities was ¥2,078,689,236.06, down from ¥2,535,823,951.20 in the same period last year[21]. - The net cash flow from financing activities was -¥4,746,143,462.41, compared to a positive cash flow of ¥2,232,897,163.96 in Q1 2022[22]. - The company reported a net cash outflow from investing activities of CNY 11,139,764,826.05 in Q1 2023, compared to a net outflow of CNY 16,843,040,778.76 in Q1 2022[28]. - The company issued long-term corporate bonds and received cash of CNY 11,358,090,000.00 in Q1 2023, an increase from CNY 5,420,910,000.00 in Q1 2022[28]. - The net cash flow from investment activities was significantly negative at -¥14,312,653,182.83, compared to -¥23,404,561,129.90 in the same period last year[21]. Assets and Liabilities - Total assets as of March 31, 2023, were CNY 656,073,418,853.59, representing a 4.93% increase from the end of the previous year[6]. - Total assets as of March 31, 2023, reached RMB 656,073,418,853.59, an increase from RMB 625,222,928,196.19 at the end of 2022, reflecting a growth of approximately 4.3%[16]. - The total liabilities as of March 31, 2023, were RMB 656,073,418,853.59, compared to RMB 625,222,928,196.19 at the end of 2022, showing an increase of around 4.3%[16]. - Total liabilities increased to CNY 550,479,936,879.23 in Q1 2023 from CNY 522,601,017,700.09 in Q1 2022[17]. - The total equity attributable to shareholders rose to CNY 105,570,540,862.22, compared to CNY 102,598,725,946.18 in the previous year[17]. - Total liabilities increased to CNY 466,290,120,109.26 in Q1 2023 from CNY 438,573,210,059.09 in Q1 2022, representing a growth of 6.1%[24]. - The company’s total assets reached CNY 568,247,294,097.09 in Q1 2023, up from CNY 537,820,549,482.53 in Q1 2022, reflecting a growth of 5.7%[24]. Shareholder Information - The number of A-share ordinary shareholders was 89,510, while H-share registered shareholders totaled 661 as of the end of the reporting period[14]. - The company appointed a new non-executive director, Ms. Li Hui, during the first extraordinary general meeting of 2023[15]. - The company issued RMB 62,000 worth of convertible bonds during the reporting period, converting into 6,204 shares, with a total of RMB 271,000 converted since September 30, 2022[15]. - The total amount of outstanding convertible bonds not yet converted was RMB 7,799,729,000, which is 99.996526% of the total issued amount[15]. Cash and Equivalents - Cash and cash equivalents amounted to RMB 111,807,092,832.25, down from RMB 115,995,340,538.15, indicating a decrease of about 3.5%[16]. - The company's cash and cash equivalents at the end of Q1 2023 were ¥120,934,342,774.54, down from ¥134,685,625,232.25 at the beginning of the quarter[22]. - The beginning balance of cash and cash equivalents was ¥102,466,223,484.17, while the ending balance was ¥92,447,840,171.83[29]. - The net decrease in cash and cash equivalents was ¥10,018,383,312.34, compared to an increase of ¥6,531,017,996.48 in the previous period[29]. Accounting Standards - The company did not apply new accounting standards or interpretations for the first quarter of 2023[30].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 8,697,432,828.40, representing an increase of 18.54% compared to CNY 7,337,087,526.07 in the same period last year[2]. - Net profit attributable to shareholders for Q1 2023 was CNY 2,249,061,846.86, a 44.23% increase from CNY 1,555,288,063.74 in the previous year[2]. - The basic earnings per share for Q1 2023 was CNY 0.21, reflecting a 50.00% increase from CNY 0.14 in the same period last year[2]. - Total comprehensive income for Q1 2023 was ¥2,971,517,822.78, compared to ¥1,475,729,511.33 in Q1 2022, reflecting a strong growth[21]. - The company reported a total profit of ¥2,097,385,212.82 for Q1 2023, compared to ¥1,366,482,404.34 in Q1 2022, reflecting a growth of 53.5%[30]. Assets and Liabilities - The total assets as of March 31, 2023, were CNY 656,073,418,853.59, marking a 4.93% increase from CNY 625,215,724,194.40 at the end of the previous year[2]. - The total liabilities as of March 31, 2023, were RMB 550,479,936,879.23, compared to RMB 522,601,017,700.09 at the end of 2022, indicating an increase of approximately 5.3%[15]. - The total equity attributable to shareholders increased to ¥105,593,481,974.36 as of March 31, 2023, from ¥102,621,910,496.10 at the end of 2022[17]. Cash Flow - Cash flow from operating activities for Q1 2023 was CNY 5,404,471,130.60, a significant decrease of 69.00% from CNY 17,432,704,552.09 in the previous year[2]. - The net cash flow from financing activities was impacted by a reduction in cash received from issuing short-term financing bonds, which fell to ¥5,287,380,000.00 from ¥20,888,480,000.00 in Q1 2022[24]. - The net cash flow from investment activities was -$11.14 billion, an improvement from -$16.84 billion in Q1 2022[33]. Investments - The company reported a 192.28% increase in long-term equity investments, indicating a significant expansion in investment scale[5]. - Investment income for Q1 2023 was ¥1,583,079,903.38, significantly higher than ¥837,950,183.75 in Q1 2022[18]. - The company reported a significant increase in fair value gains of ¥830,966,534.51 in Q1 2023, compared to a loss of ¥272,559,149.58 in Q1 2022[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 90,171, with no preferred shareholders with restored voting rights[7]. - The number of A-share ordinary shareholders was reported at 89,510, while H-share registered shareholders totaled 661 as of the reporting period[10]. - The company has not disclosed any significant changes in its major shareholders or their participation in financing activities during the reporting period[10].