Huatai (06886) clarifies that the report on the suspension of the fund sales business for 12 months is false information. We reserve the right to pursue legal responsibility.

Huatai (06886) Announcement: Recently, according to market media reports, Huatai Securities Co., Ltd. (hereinafter referred to as the "Company") paid attention to reports that Huatai was ordered by regulators to correct violations in fund sales and suspend operations for 12 months. In order to avoid misleading investors and to protect the company's reputation and legitimate rights and interests, in accordance with the Shanghai Stock Exchange Stock Listing Rules and other relevant regulations, we hereby clarify the relevant matters as reported. The board of directors of the company took the above-mentioned reports very seriously, and after verifying with all parties, as of now, the company has not received any administrative regulatory measures from the China Securities Regulatory Commission Jiangsu Regulatory Bureau regarding the suspension of fund sales activities for 12 months. The aforementioned media reports are inaccurate information, and the company has requested the relevant media platforms to immediately delete the above-mentioned false information reports and eliminate any impact. The company is closely monitoring the progress of the event and reserves the right to pursue its legal responsibilities. Currently, the company's operations are normal, and there are no major issues that should be disclosed but have not been disclosed in accordance with regulations such as the Shanghai Stock Exchange Stock Listing Rules. The company does not violate other provisions of fair information disclosure.