2016 6 30 2016 6 30 2016 2016 2016 9 www.hkexnews.hk www.ebscn.com 2016 8 29 1

... 3... 4... 8... 12... 15... 37... 44... 49... 51... 57 2

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70% 30% 2016 2016 1 1 2016 6 30 PPP FICC ABS 5

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. Everbright Securities Company Limited EBSCN 2016 6 30 2015 12 31 3,906,698,839.00 3,906,698,839.00 33,047,503,732.15 36,574,371,144.01 8

A IB 9

. 1508 1508 021-22169914 021-22169914 021-22169964 021-22169964 ebs@ebscn.com ebs@ebscn.com. 1508 200040 1508 200040 33 24 http://www.ebscn.com ebs@ebscn.com 10

. A http://www.sse.com.cn http://www.hkexnews.hk 1508. A 601788 H 6178. 2016 6 23 91310000100019382F 11

. 2016 2015 1 6 1 6 6,735,679 12,828,154 (47.49)% 1,913,020 6,302,376 (69.65)% 1,514,708 4,878,026 (68.95)% 13,986,533 (23,634,761) (159.18)% 0.39 1.43 (72.83)% 0.39 1.43 (72.83)% (%) 3.80 17.20 13.4 12

2016 2015 6 30 12 31 173,733,566 197,072,821 (11.84)% 133,971,253 154,649,205 (13.37)% 66,945,084 71,102,044 (5.85)% 38,412,487 40,482,599 (5.11)% 39,762,313 42,423,616 (6.27)% 3,906,699 3,906,699 9.83 10.36 (5.11)% (%) 62.79 66.34 3.55 = 13

2016 2015 6 30 12 31 ( ) 33,047,504 36,574,371 37,783,009 39,327,888 1,027% 1,119% 87% 93% 67% 56% 77% 60% 52% 54% 38% 33%. 2016 1 6 2015 1 6 2016 6 30 2015 12 31 14

. 2016 GDP 6.7% 6 300 15% 0.4% 5,744 8,536 27% 2.9 2.3 2016 2016 PPP PPP 49% 15

2016 A AA 2016 67.4 15.1 3.8% 1. 2,102,046 1,250,437 40.51% (62)% (47)% 17.05 1,482,520 813,483 45.13% (44)% (57)% 17.48 906,560 494,598 45.44% (63)% (5)% 33.10 1,120,113 671,400 40.06% (12)% 61% 27.08 496,791 593,249 (19.42)% 50% 120% 38.15 16

(1) 2016 21 62% 8 2016 AA 17

(2) 14.8 44% 2016 6265 3.1% 223 74% 2.5% 14 2016 5 35 (3) 2016 907 63% 2016 6 119 13 789 8 574 3.7% 5 18

PPP PPP 2016 6 3.4% 12% 0.13% 8% FICC + (4) 2016 11.2 12% 19

2016 6 2,778 18% 989 2015 76%36% 20164 10 9708% 514 1.5 5 32 20

(5) 2016 49% 2016 2 IPO IPO 0.26% 19 (6) 21

2. (1) 2016 1 6 2015 1 6 3,523,640 52.31% 6,689,576 52.15% (3,165,936) (47.33)% 2,570,972 38.17% 3,490,288 27.21% (919,316) (26.34)% 379,419 5.63% 2,529,940 19.72% (2,150,521) (85.00)% 261,648 3.88% 118,350 0.92% 143,298 121.08% 6,735,679 100.00% 12,828,154 100.00% (6,092,475) (47.49)% 2016 67.4 47%35.2 47% 25.7 26% 37985% 22

(2) 2016 2015 1 6 1 6 596,647 1,144,303 (547,656) (47.86)% 1,889,295 2,126,493 (237,198) (11.15)% 1,335,560 1,994,443 (658,883) (33.04)% 194,058 218,654 (24,596) (11.25)% 182,631 520,253 (337,622) (64.90)% 19,169 (16,228) 35,397 625,558 589,985 35,573 6.03% 4,842,918 6,577,903 (1,734,985) (26.38)% 2016 48.4 26% 59748% 19 11% 13.4 33% 23

3. 2016 6 30 139.87 236.35 2016 6 30 0.86 27.75 2016 6 30 128.31 374.92 4. (1) 24

2016 6 30 2015 12 31 22,898,116 20,186,145 2,711,971 13.43% 866,424 0.50% 879,372 0.45% (12,948) (1.47)% 1,440,056 0.83% 1,411,783 0.72% 28,273 2.00% 806,124 0.46% 885,817 0.45% (79,693) (9.00)% 1,426,890 0.82% 874,763 0.44% 552,127 63.12% 132,328 0.08% 129,531 0.07% 2,797 2.16% 7,865,643 4.53% 7,864,984 3.99% 659 0.01% 1,357,342 0.78% 1,344,690 0.68% 12,652 0.94% 5,203,189 2.99% 3,995,018 2.03% 1,208,171 30.24% 392,568 0.23% 79,969 0.04% 312,599 390.90% 2,377,805 1.37% 2,450,900 1.24% (73,095) (2.98)% 1,029,747 0.59% 269,318 0.14% 760,429 282.35% 150,835,450 176,886,676 (26,051,226) (14.73)% 2,875,727 1.66% 2,069,298 1.05% 806,429 38.97% 1,018,623 0.59% 1,450,942 0.74% (432,319) (29.80)% 4,022,282 2.32% 3,692,973 1.87% 329,309 8.92% 31,476,687 18.12% 43,404,467 22.02% (11,927,780) (27.48)% 7,393,830 4.26% 9,777,815 4.96% (2,383,985) (24.38)% 3,690,672 2.12% 5,003,931 2.54% (1,313,259) (26.24)% 21,720,127 12.50% 25,539,897 12.96% (3,819,770) (14.96)% 136,401 0.08% 168,519 0.09% (32,118) (19.06)% 1,361,140 0.78% 360,034 0.18% 1,001,106 278.06% 63,316,567 36.44% 70,327,108 35.69% (7,010,541) (9.97)% 13,823,394 7.96% 15,091,692 7.66% (1,268,298) (8.40)% 173,733,566 100.00% 197,072,821 100.00% (23,339,255) (11.84)% 25

2016 6 30 2015 12 31 111,029,223 130,898,344 (19,869,121) (15.18)% 4,421,190 3.30% 3,014,161 1.95% 1,407,029 46.68% 871,193 0.65% 2,100,000 1.36% (1,228,807) (58.51)% 4,632,400 3.46% 500,000 0.32% 4,132,400 826.48% 205,238 0.15% 205,238 66,945,084 49.97% 71,102,044 45.98% (4,156,960) (5.85)% 1,658,925 1.24% 2,642,761 1.71% (983,836) (37.23)% 7,403,687 5.53% 9,347,420 6.04% (1,943,733) (20.79)% 468,283 0.35% 1,627,768 1.05% (1,159,485) (71.23)% 13,586,732 10.14% 20,555,441 13.29% (6,968,709) (33.90)% 349,870 0.26% 1,022,572 0.66% (672,702) (65.79)% 10,486,621 7.83% 18,986,177 12.28% (8,499,556) (44.77)% 62,704,343 66,174,477 (3,470,134) (5.24)% 22,942,030 23,750,861 (808,831) (3.41)% 2,140,068 1.60% 2,262,341 1.46% (122,273) (5.40)% 18,439,816 13.76% 18,853,355 12.19% (413,539) (2.19)% 373,361 0.28% 551,184 0.36% (177,823) (32.26)% 230,000 0.15% (230,000) (100.00)% 1,988,785 1.48% 1,853,981 1.20% 134,804 7.27% 133,971,253 100.00% 154,649,205 100.00% (20,677,952) (13.37)% 39,762,313 42,423,616 (2,661,303) (6.27)% 26

2016 6 30 228.98 13.43% 2016 6 30 1,508.35 14.73% 2016 6 30 1,110.29 15.18% 2016 6 30 229.42 3.41% 2 27

1. 2015 500 2. 3. 2011 51%2015 70% 2016 49% 28

4. 5. 6. 20 1. 5.94 14.27 29

(1) (%) 1 5,856,800 5,117,991 17.20% 2 999010 6 2,038,716 1,047,346 2,050,474 6.89% 34,857 3 999015 5 1,627,503 1,627,503 1,631,246 5.48% 40,382 4 002085 292,262 35,391 608,371 2.04% 39,583 5 360003 516,333 516,333 516,333 1.74% 3,559 6 200103 B 500,000 500,000 500,000 1.68% 66 7 865040 B 143,423 381,097 422,408 1.42% 8 350004 400,000 400,000 400,000 1.34% 47 9 000211 B 350,000 350,000 350,000 1.18% 602 10 511820 B 300,105 3,001 300,069 1.01% 83 17,564,347 17,853,890 60.01% (32,804) (303,105) 29,589,489 29,750,782 100.00% (216,730) 1. 2. 30

3. 4. (2) A A (%) (%) 600809 481,668 2.95% 3.12% 599,103 (2,343) 64,491 600999 671,974 0.52% 0.54% 515,629 (16,124) (92,887) 600893 542,763 0.51% 0.67% 454,731 (2,278) (74,951) 300362 200,000 7.32% 5.21% 432,881 174,661 002239 132,500 2.71% 2.71% 414,153 (22,161) 603999 77,000 4.38% 4.38% 389,718 1,288 (170,762) 601211 274,235 0.26% 0.26% 355,800 9,811 (91,650) 000568 250,385 0.75% 0.71% 297,000 21,647 22,972 300015 245,587 0.75% 0.79% 292,240 1,922 31,622 002230 297,739 0.54% 0.67% 284,905 (5,273) (7,394) 2,220,275 2,175,956 16,788 (314,278) 5,394,126 6,212,116 25,438 (480,337) 1. 2. 31

(3) (%) (%) 25,000 1% 1% 25,000 200,000 5% 5% 200,000 50,000 25% 25% 483,897 13,222 (4,683) 275,000 708,897 13,222 (4,683) 1. 2. 2. (1) 2015 796,853.83 146,853.83 796,853.83. 32

(2) (3) (4) 2016 1 2016-005 3. (1) 1993 4 8 10 2016 6 3024 1 111.58 13.99 1.11 (2) 2012 4 25 2 2016 6 30 14.85 11.26 1.42 33

(3) 2008 11 7 20 2016 6 30 77.55 31.52 0.28 (4) 2012 9 26 20 2016 6 30 27.29 20.34 0.19 (5) 2010 11 19 20 2016 6 30 232.31 1.39-0.97 (6) 2014 10 10 85% 2016 6 30 39.21 11.04 0.11 (7) 2004 4 22 1.6 55% 34

2016 6 30 1 2 7.33 6.31 0.58 (8) 2015 4 2 40% 2016 6 30 24.30 1.97 439 (9) 2015 9 1 40% 2016 6 30 28.58 1 29 (10) 1999 4 12 2 25% 2016 6 30 26.23 19.35 0.71 4. 35

. 2016 3 21 2015 2015 2016 5 11 2015 2016 5 17 2016 5 18 2016 5 18 2015 2016 36

. 1,000 10%.. 49% 2016-037 2016-040.. 3,000 5% 49% 53. 37

2016 8 2016 8 8H. 1 2 15 55.20 2016 6 30 2015 13.01% 12. A H. 2016 8 29 2016 2016 38

. 5% 5%.. H 2016 6 30 H2016 8 18 39

2 5 3 11 2 4. 2016 6 30 H H. 40

. 2016 6 30. H 2016 7 11 [2016]1547 78,000 2016 7 28 2016 8 8 H H680,000,000 12.68 2016 8 11 30 100,000,000 H 2016 8 18 06178 2016-038 042 044 045 047 048 049 2016 8 8 H 2016 6 15 Action Globe Limited 49% 9.3 51%2016 6 29 100% 2016-037 040 57 [2016]35 57 5 52 41

2016 8 26 502 816 499 95 50 354 4,113 75 5 330 2016 1 2016 1 26 3,939 2016 6 6 8 26 2016 3 30 500,222,330.75 2016 7 21 500,471,208.29 2016 8 10 42

2015 2 4 (1) 4,190 (2) 2015 7 2 2016 3 4 2016 4 8 2016 5 19 2016 6 7 1.5 930 2016 7 8 43

. 1. 2. 2016 8 18 H 680,000,000 (%) (%). 488,698,839 12.51% 488,698,839 10.65%. 3,418,000,000 87.49% 680,000,000 4,098,000,000 89.35% 1. A 3,418,000,000 87.49% 3,418,000,000 74.52% 2 H 680,000,000 680,000,000 14.83%. 3,906,698,839 100.00% 680,000,000 4,586,698,839 100.00% 488,698,839 2016 9 1 H 2016 44

. H A 104,069 A A % 0 1,159,456,183 29.68 0 0 1,139,250,000 29.16 0 0 152,718,387 3.91 152,718,387 10,996,587 74,762,817 1.91 0 1 0 61,087,354 1.56 61,087,354 2 0 54,978,619 1.41 54,978,619 0 54,978,619 1.41 54,978,619 0 54,978,619 1.41 54,978,619 0 37,568,900 0.96 0 69 0 21,991,448 0.56 21,991,448 45

A 1,159,456,183 1,139,250,000 74,762,817 37,568,900 13,064,614 11,875,631 10,494,266 10,170,640 9,534,975 9,289,260 46

A 152,718,387 2016 9 1 12 1 61,087,354 2016 9 1 12 54,978,619 2016 9 1 12 54,978,619 2016 9 1 12 2 54,978,619 2016 9 1 12 69 21,991,448 2016 9 1 12 18,821,017 2016 9 1 12 77 10,568,112 2016 9 1 12 70 5,491,753 2016 9 1 12 1 4,886,988 2016 9 1 12 4,886,988 2016 9 1 12 55.67% 47

. 2016 6 30 H 2016 6 30 XV 2 3 336. 2016 6 30 H XV 7 8352 2016 6 30 XV XV 7 8 352. 48

.. 2015 [2016]20 2016 2 2 2016 4 19 49

2016 4 22 2016 2016 8 18 12. 7,447 MD 50

. 2014 2015 2015 2015 2015 2015 2015 14 01 123375 2014/6/11 2016/6/11 5.99% 15 02 123260 2015/1/29 2017/7/29 5.30% 15 01 123259 2015/1/29 2018/1/29 40 5.85% 15 03 123216 2015/3/30 2017/3/30 5.40% 15 04 123085 2015/4/27 2020/4/27 60 5.70% 15 05 123070 2015/5/26 2017/5/26 4.80% 15 06 123071 2015/5/26 2018/5/26 60 5.30% 51

2016 2016 2016 2016 16 01 135434 2016/4/27 2017/10/27 15 3.45% 16 02 135435 2016/4/27 2018/10/27 25 3.66% 16 03 135493 2016/5/26 2017/11/26 30 3.35% 16 04 135494 2016/5/26 2018/11/26 30 3.59% 2015 84.5 2015-062 52

. 15 01 15 04 A 38 45 0755-82944669 15 06 16 01 16 02 16 03 16 04 268 021-38565891 156 D 8.. 14 01 15 01 15 02 15 03 15 04 15 05 15 06 53

... 15 06 16 01 16 02 16 03 16 04 15 04 15 04 15 06 2015 2016 6 30 16 01 16 02 16 03 16 04 2016 2017 6 30 54

. 2016 2015 6 30 12 31 (%) 2.57 2.72 (5.51)% 1.25 1.23 1.63% 62.79% 66.34% (3.55)% 2016 2015 1 6 1 6 (%) EBITDA 3.18 7.10 (55.21)% 221.83% 40.12% 181.71%. 2016 6 301,737.34 384.1262.79% EBITDA 3.18 55

.. 38 1,630 164.. 56

. 2016 6 30 2410. 57