Mission Statement, Vision, & Core Values (2026) of Caitong Securities Co.,Ltd.

Caitong Securities Co., Ltd., founded in 1993 and listed on the Shanghai Stock Exchange as 601108.SS, combines a strong regional heritage-as the only securities firm directly under the Zhejiang provincial government-with a national footprint of over 210 branches and major operations in Beijing, Shanghai and Shenzhen; managing more than ¥300 billion in its wealth management division and holding over ¥120 billion in mutual funds, the firm grounds its mission in client-centric integrity, technological innovation and social responsibility, pursues a vision to become a first-class modern investment bank delivering personalized, comprehensive services across China, and embraces core values of awe, gratitude, innovation, responsibility, sound operation and teamwork that aim to create customer value, employee wellbeing and societal impact

Caitong Securities Co.,Ltd. (601108.SS) - Intro

• Founded: 1993
• Headquarters: Hangzhou, Zhejiang Province
• Branches: >210 nationwide (late 2023)
• Stock listing: Shanghai Stock Exchange - 601108.SS

• Deliver professional, reliable financial services that enable clients to achieve long-term wealth preservation and growth.
• Leverage regional strengths and institutional support to deepen market access and product innovation.

• To be the leading provincially anchored securities firm in China, recognized for client trust, product breadth, and excellence in risk-controlled innovation.
• To expand national footprint and digital capabilities while maintaining strong ties to Zhejiang's economic development.

• Client-centricity - prioritize client outcomes and suitability across advisory and discretionary services.
• Integrity & Compliance - adhere to regulatory standards and transparent governance as a listed entity.
• Professionalism - invest in talent, research, and technology to deliver institutional-grade solutions.
• Local Commitment - support Zhejiang's economic and financial ecosystem while scaling service reach nationwide.
• Innovation with Prudence - pursue product and channel innovation under strict risk control frameworks.

• Brokerage: extensive retail and institutional distribution through 210+ branches and electronic channels.
• Investment banking: underwriting, M&A advisory, and capital markets services focused on mid-market corporates and provincial champions.
• Asset & wealth management: diversified product mix with >¥300 billion in wealth AUM and >¥120 billion in mutual funds under management.
• Research & advisory: sector and equity research supporting trading, investment banking, and asset allocation decisions.

• Supports Zhejiang economic initiatives through financing, capital markets access, and local corporate advisory.
• Community and investor education programs leveraging branch network and digital platforms.

Caitong Securities Co.,Ltd. (601108.SS) Overview

• Mission focus: Delivering professional financial services with integrity and measurable client outcomes.
• Client-centricity: Tailored advisory and product solutions across retail, institutional and wealth-management segments.
• Innovation: Development of structured products, asset management solutions and digital trading platforms to improve access and efficiency.
• Integrity & trust: Transparent compliance, risk controls and ethical conduct across trading, underwriting and advisory services.
• Social responsibility: Targeted community, ESG and financial-literacy initiatives to support sustainable development.

• Client-first product roadmap: expand advisory penetration to retail clients (target +15% client coverage year-on-year) and increase fee-based income share to reduce reliance on volatile trading revenue.
• Technological modernization: ongoing investments in low-latency trading, cloud-based risk engines and digital wealth platforms - targeted IT capex representing ~4-6% of annual operating expense.
• Product innovation: scale structured products, index-linked offerings and cross-border investment solutions; target AUM growth in structured solutions of +12% annually.
• Governance & compliance: maintain CET1-equivalent capital buffers in line with regulatory guidance and strengthen daily compliance monitoring to reduce operational incidents below industry median.
• ESG & social impact: allocate a portion of annual profits to community programs and green finance initiatives; aim to increase green-lending / sustainable-asset exposure within AUM to >10% over a rolling three-year horizon.

• Digital wealth platform rollout: increased online account openings by ~28% in first year, improving client onboarding speed and reducing servicing cost per account.
• Product innovation labs: pilot structured-note programs delivered incremental fee income growth of ~14% among targeted segments.
• Sustainability commitments: issuance and underwriting participation in RMB-denominated green bonds totaling several billion yuan, contributing to diversified investment channels for clients.

Caitong Securities Co.,Ltd. (601108.SS) Mission Statement

• Build and sustain a first-class modern investment bank offering integrated securities, wealth management, asset management, and investment banking services across China.
• Deepen regional strength in Zhejiang while expanding national coverage to serve institutional and retail clients with localized expertise.
• Deliver personalized, client-understanding service models designed to increase client lifetime value and loyalty.
• Operate with integrity and harmony - embedding ethical standards into compliance, risk management, and corporate governance.
• Create measurable value for customers, improve employee well-being, and fulfill social responsibilities through community and ESG initiatives.

• Market position: Target to be recognized among China's leading regional full-service securities firms and a top-tier player in selected national bond and equity advisory segments.
• Client focus: Aim to increase high-net-worth and institutional client share year-over-year through tailored advisory and digital channels.
• Digital transformation: Scale digital channel penetration and platform-enabled assets under management (AUM) to improve service personalization and operational efficiency.
• ESG & stewardship: Integrate ESG considerations into investment research, underwriting, and advisory to align corporate purpose with long-term societal outcomes.

• Client-centric KPIs: client retention rate, revenue per client, cross-sell ratio.
• Financial KPIs: fee-based income growth, return on equity (ROE) improvement, cost-to-income ratio reduction.
• Risk & compliance KPIs: regulatory compliance incidents (target: zero major incidents), capital adequacy metrics aligned with prudential supervision.
• ESG & social KPIs: percentage of products with ESG screening, community investments, employee satisfaction indices.

• Recruitment & development: emphasize professional ethics, client service capabilities, and continuous upskilling in digital and advisory domains.
• Compensation alignment: incentive structures that reward client outcomes, compliance adherence, and long-term value creation.
• Governance: strengthen board oversight, internal controls, and transparent disclosure practices to safeguard stakeholders.

Caitong Securities Co.,Ltd. (601108.SS) - Vision Statement

• Awe and gratitude: respect for market discipline, clients, and regulation.
• Innovation: continuous product, technology, and business-model development.
• Responsibility: prudent risk management, compliance, and social contribution.
• Integrity and harmony: ethical conduct and balanced stakeholder relationships.

• Sound operation: strict compliance, capital adequacy, and liquidity management.
• Collaboration: cross-departmental product development and joint underwriting syndicates.
• Practicality and realism: KPI-driven execution and measurable performance targets.
• Stakeholder focus: customer value, employee happiness, and public responsibility.

• Risk & compliance: maintain strong capital ratios and conservative liquidity buffers.
• Innovation roadmap: invest in digital platforms, algorithmic trading, and data analytics.
• Human capital: training, career-path clarity, and welfare programs to enhance employee happiness.
• Social responsibility: ESG integration in products and corporate philanthropy.