GF Securities Co., LTD. (000776) issued an announcement on September 17, 2021: Cheng Yuan, director of Cinda Securities Research Institute, Wang Xizhao, chief analyst of non-Bank Finance, and Wang Rui, a researcher of non-Bank Finance, investigated our company on September 15, 2021. The survey was received by Yi Xinyu, the head of the board of directors office, and Wang Qiang, the board of directors office.

The main contents of this survey are as follows:
1. What is the company's future development strategy and management ideas? A: in the future, the company will adhere to strategic leadership, adapt to market changes, take high-quality development as the theme, reform as the starting point, and promote the development of various businesses. In the medium and long term, the company will focus on the main responsibility of the main business, focus on deepening and strengthening the core business; improve and optimize the company's business structure, balanced development of various businesses; take reform as the starting point, so that the company's governance structure has the ability to cope with change. The key work arrangements in the second half of 2021 are as follows: first, to continue to promote the transformation of the "customer-centered" mode of operation. The second is to optimize the construction of the platform and enhance the comprehensive competitiveness of the company. The third is to enhance the strengths and offset the weaknesses and enhance the overall strength of the company.
2. How is the development of the company's wealth management business? A: with China's economic growth, the total wealth of residents continues to accumulate and continue to grow, the proportion of financial assets in China's household asset allocation is increasing, and there is a huge room for the development of wealth management business and asset management industry in country 2. In the first half of 2021, the company strengthened marketing and technology finance, with a substantial increase in the number of new customers and assets; deepened the transformation of wealth management and maintained rapid development in the business of consignment of financial products; continuously strengthened institutional brokerage and focused on expanding quantitative private placement; built a unified service portal for institutional customers; continued to promote integrated operation and collaborative services, focusing on promoting related businesses of listed companies and major shareholders. WeCom's customer scale continues to grow, private flow operation and service exhibition industry compliance and efficient, company-level platform effect initially appears; tamp compliance risk control management, support business transformation and development, and further enhance the company's competitiveness. By the end of June 2021, the holding scale of the company's consignment of financial products increased by 44.84% compared with the same period last year, and the holding scale of non-money market public offering funds ranked third among securities firms (data source: China Fund Industry Association, 2021) the company attaches importance to wealth management business and will continue to adhere to the traditional brokerage business and steadily transform its wealth management business to professional service and high-quality investment and research ability. Provide customized asset allocation services according to customer needs.
3. How can the company coordinate the development of asset management and public fund management business? A: the company carries out asset management business through the management of Guangfa Capital, a wholly-owned subsidiary, and mainly through the holding subsidiary Guangfa Fund and the shareholding company Yifangda Fund to carry out public fund management business. The company will work with Guangfa Capital Management, Guangfa Fund and Yifangda Fund to create a Guangfa Capital Management system with brand advantages. The company will continue to create a differentiated competitive advantage in the asset management business sector, in order to enhance active management capabilities, enrich a wide range of assets, further expand the scale of asset management, and work together to become bigger and stronger in the field of asset management.
4. How does the company layout the over-the-counter derivatives business? 3 A: in the first half of 2021, the company steadily carried out over-the-counter derivatives business on the basis of compliance and risk control. As a primary dealer in over-the-counter derivatives business, the company pays attention to team and system construction, fosters core competitiveness around product creation, strategy innovation and trading sales, and continues to provide institutional clients with investment strategies and risk management solutions based on over-the-counter derivatives through cross-border income swaps and over-the-counter options. During the reception, the reception staff of the company had full communication and communication with investors, in strict accordance with the "Information Disclosure Management system" and other provisions, to ensure that the information disclosure is true, accurate, complete, timely and fair. There has been no leakage of major undisclosed information, and a research "commitment" has been signed in accordance with the requirements of the Shenzhen Stock Exchange.

GF Securities Co., LTD. 's main business: Securities brokerage; securities investment consulting; financial advisers related to securities trading and securities investment activities; securities underwriting and recommendation; securities self-management; margin trading; securities investment fund consignment; securities investment fund trusteeship; provide intermediary introduction business for futures companies; consignment of financial products; stock option market-making business. (for projects that must be approved according to law, business activities can only be carried out after being approved by the relevant departments.)

According to GF Securities Co., LTD. 's 2021 medium report, the company's main income was 18.007 billion yuan, up 26.76% from the same period last year; the net profit returned to the mother was 5.888 billion yuan, up 2.38% from the same period last year; the non-net profit was 5.418 billion yuan, up 4.21% from the same period last year; the debt ratio was 79.38%, and the investment income was 4.11 billion yuan.