Yuexiu Capital: Intends to sell up to 1% of the total share capital of Citic Securities.
Yuexiu Capital announced that the 33rd meeting of the 10th Board of Directors of the company agreed to sell no more than 1.00% of the total share capital of Citic Securities on the secondary market through the company and its controlling subsidiaries, with the authorization period lasting until December 31, 2026. As of January 16, 2026, the company and its subsidiaries collectively held 1.266 billion shares of Citic Securities, accounting for 8.54% of the total share capital. This transaction falls within the decision-making authority of the board of directors, does not require approval from the shareholders' meeting, and does not involve related-party transactions or significant asset restructuring. The transaction is expected to generate investment income and optimize the asset structure, but there are market and operational risks involved.
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