（住所：广东省广州市黄埔区中新广州知识城腾飞一街 2 号 618 室） （股票简称：广发证券；股票代码：000776.SZ、1776.HK） 2026年面向专业投资者公开发行公司债券 （第一期） 发行公告 牵头主承销商/簿记管理人/债券受托管理人 （住所：上海市黄浦区中山南路 119 号东方证券大厦） 联席主承销商 （住所：中国（上海）自由贸易试验区商城路 618 号） （住所：广东省深圳市福田区中心三路 8 （住所：深圳市福田区福田街道益田路 号卓越时代广场（二期）北座） 5023 号平安金融中心 B 座第 22-25 层） （住所：成都市青羊区东城根上街 95 号） 2026 年 月 日 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。 重要事项提示 1、广发证券股份有限公司（以下简称"发行人"或"公司"）已于 2026 年 1 月 19 日 获得中国证券监督管理委员会"证监许可〔2026〕100 号"文获批可面向专业投资者公开 发行面值总额不超过 700 亿元（含）的公司债券（以下简称"本次债券"）。 2、本期债券品种一简称为"26 广发 02"，债券代码 ...

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（第二次） 更名公告 广发证券股份有限公司（以下简称"发行人"）于 2026 年 1 月 19 日获得中 国证券监督管理委员会证监许可〔2026〕100 号注册批复，获批可面向专业投资 者公开发行面值总额不超过 700 亿元（含）的公司债券。 因涉及跨年及分期发行，本期债券名称调整为"广发证券股份有限公司 2026 年面向专业投资者公开发行公司债券（第一期）"，本次债券后续发行名称 依次为"广发证券股份有限公司 2026 年面向专业投资者公开发行公司债券（第 二期）"（如有）、"广发证券股份有限公司 2026 年面向专业投资者公开发行公 司债券（第三期）"（如有）等，如后续涉及跨年，则本次债券后续发行名称依 次为"广发证券股份有限公司 2027 年面向专业投资者公开发行公司债券（第一 期）"（如有）、"广发证券股份有限公司 2027 年面向专业投资者公开发行公司债 券（第二期）"（如有）等，不再另行公告。 本期债券名称变更不改变原签订的与本次公司债券发行相关的法律文件效 力，原签署的相关法律文件对更名后的公司债券继续具有法律效力。前述法律文 件包 ...

Group 1: Quantitative Research Position - The company is hiring for a quantitative research position located in Shanghai, Shenzhen, and Beijing, with a resume submission deadline of April 30, 2026 [1] - Responsibilities include developing and tracking financial engineering strategy models such as factor stock selection, industry rotation, and timing strategies [1] - Candidates are required to have a master's degree or higher in relevant fields such as mathematics, statistics, computer science, physics, or financial engineering [2][3] Group 2: Fund Research Position - The company is also recruiting for a fund research position in Shanghai, Shenzhen, and Beijing, with the same resume submission deadline of April 30, 2026 [4] - Responsibilities involve conducting research on fund managers, selecting funds, and related thematic strategy research [4] - Similar to the quantitative position, candidates must hold a master's degree or higher in financial engineering or related fields [5][6] Group 3: Internship Position - An internship position is available in Shenzhen, Guangzhou, Shanghai, and Beijing, with a minimum internship duration of three months and at least three days of work per week [7] - Interns will be responsible for data processing, analysis, and assisting researchers with quantitative investment-related projects [8] - Candidates should have a master's degree or higher in relevant fields and be proficient in programming languages such as Python or Matlab [9] Group 4: Application Process - Interested candidates should submit their resumes in PDF format to specified email addresses, following a specific naming format for the email subject [10] - The company will arrange written tests and interviews for qualified candidates after the resume collection deadline [10]

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的內容概不負責，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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )刊發的《廣發証券股份有限公司2026年面向專 業投資者公開發行公司債券（第一期）發行公告》。茲載列如下，僅供參閱。 承董事會命 廣發証券股份有限公司 林傳輝 董事長 中國，廣州 2026年3月3日 於本公告日期，本公司董事會成員包括執行董事林傳輝先生、秦力先生、孫曉燕 女士及肖雪生先生；非執行董事李秀林先生、尚書志先生及郭敬誼先生；獨立非 執行董事梁碩玲女士、黎文靖先生、張闖先生及王大樹先生。 （住所：广东省广州市黄埔区中新广州知识城腾飞一街 2 号 6 ...

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的內容概不負責，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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 林傳輝 董事長 中國，廣州 2026年3月3日 於本公告日期，本公司董事會成員包括執行董事林傳輝先生、秦力先生、孫曉燕 女士及肖雪生先生；非執行董事李秀林先生、尚書志先生及郭敬誼先生；獨立非 執行董事梁碩玲女士、黎文靖先生、張闖先生及王大樹先生。 广发证券股份有限公司 2026 年面向专业投资者公开发行 公司债券（第一期）信用评级报告 中诚信国际信用评级有限责任公司 | 编号:CCXI-20260372D-01 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )刊發的《廣發証券股份有限公司2026年面向 ...

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的內容概不負責，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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )刊發的《廣發証券股份有限公司2025年面向專 業投資者公開發行公司債券（第二次）更名公告》。茲載列如下，僅供參閱。 承董事會命 廣發証券股份有限公司 林傳輝 董事長 中國，廣州 2026年3月3日 於本公告日期，本公司董事會成員包括執行董事林傳輝先生、秦力先生、孫曉燕 女士及肖雪生先生；非執行董事李秀林先生、尚書志先生及郭敬誼先生；獨立非 執行董事梁碩玲女士、黎文靖先生、張闖先生及王大樹先生。 因涉及跨年及分期发行，本期债券名称调整为"广发证券股份有限公 ...

Group 1: Geopolitical Impact on Energy and Shipping - The Strait of Hormuz, which carries approximately 20% of global oil supply (about 20 million barrels per day), has been closed by Iran, leading to a rise in Brent crude oil prices from $72.9 per barrel on February 27 to $77.7 on March 2[3]. - The escalation of conflict has disrupted shipping routes, particularly through the Red Sea and Suez Canal, which accounts for over 15% of global goods trade and more than 30% of container traffic[3]. - Major shipping companies have suspended routes and redirected vessels to avoid conflict zones, significantly increasing shipping costs and operational risks[3]. Group 2: Economic and Market Reactions - The geopolitical tensions have raised inflation risks in the US and Europe, with the Federal Reserve's recent meeting indicating a higher threshold for interest rate cuts due to rising inflation uncertainties[4]. - The US dollar index increased to 98.5 on March 2, up from 97.6 on February 27, reflecting a stronger dollar amidst geopolitical tensions[6]. - Gold and silver prices rebounded significantly, with COMEX gold rising 9.7% and silver 23.7% from their respective lows on February 17[5]. Group 3: Sector-Specific Impacts - The aviation and tourism sectors have faced structural impacts due to airspace closures and flight cancellations, leading to increased operational risks for airlines[4]. - China's exports to the Arab League, particularly in machinery and automotive sectors, saw a 22% increase in the first seven months of 2025, indicating resilience despite geopolitical tensions[8]. - South Korea's stock market experienced significant declines, with the KOSPI index dropping over 4%, highlighting the vulnerability of trade-dependent economies to external shocks[8].

Investment Rating - The report maintains an "Overweight" rating for the brokerage sector [7] Core Insights - The brokerage sector has experienced a mismatch between performance growth and valuation, influenced by funding constraints and market preferences. The report emphasizes four dimensions for sector allocation opportunities: strong reality and stable expectations, increased contribution from international business profits, capital enhancement through mergers and refinancing, and low valuations and positions that suggest strong upside potential [2][4][5] Summary by Sections Strong Reality & Stable Expectations - The breadth and depth of China's capital market have significantly improved over the past decade, with the number of A-share listed companies nearing that of the US and total market capitalization ranking second globally. The trading volume in the A-share market has become a new norm, with a daily average turnover rate of 4.2% as of February 25, 2026. The report forecasts that many brokerages will achieve record net profits in 2025, with a projected increase in industry ROE from 7.7% to 9.1% for 2026 [2][13][16] Increased Contribution from International Business - The international business of leading brokerages has shown higher leverage, broader markets, and stronger profitability. For instance, CITIC's Hong Kong subsidiary achieved an annualized ROE of 23%, significantly higher than the group's overall ROE of 9.8%. The report highlights that the contribution of net profits from Hong Kong subsidiaries is on the rise, with major brokerages actively increasing capital in these subsidiaries [3][35][33] Capital Utilization Still Has Expansion Space - Capital leverage is a core indicator constraining brokerage expansion, with many leading brokerages experiencing capital consumption acceleration. As of Q3 2025, capital leverage ratios were at historical lows for some firms. However, there is still room for capital utilization expansion due to recent mergers and regulatory support for quality institutions [4][39] Low Valuations and Positions - The average P/B ratios for large and small brokerages are at 1.41x and 1.65x, respectively, indicating low valuations compared to historical levels. The H-share index for Chinese brokerages stands at 0.84x, also reflecting low absolute valuations. The report suggests that the current low allocation of brokerage stocks in equity funds presents a high cost-performance opportunity [5][24][30] Key Recommendations - The report recommends focusing on high-cost performance opportunities within the sector, particularly on leading brokerages such as CITIC, Guotai Junan, and Guangfa, as well as quality regional brokerages [9][5]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01776 | 說明 | 廣發証券H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,920,796,200 | RMB | | 1 | RMB | | 1,920,796,200 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | | 本月底結存 | | | 1,920,796,200 | RMB | | 1 | RMB | | 1,920,796,200 | | 2. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01776 | 說明 | 廣發証券H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,920,796,200 | RMB | | 1 | RMB | | 1,920,796,200 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | | 本月底結存 | | | 1,920,796,200 | RMB | | 1 | RMB | | 1,920,796,200 | | 2. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | - ...