Guolian Securities : COMPLETION OF THE A SHARE OFFERING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(a joint stock limited company established in the People's Republic of China with limited liability)

(Stock Code: 01456)

COMPLETION OF THE A SHARE OFFERING

This announcement is made by Guolian Securities Co., Ltd. (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 16 May 2016, 19 September 2016, 23 December 2016, 29 June 2017, 30 October 2017, 15 November 2017, 13 April 2018, 15 June 2018, 26 October 2018, 13 June 2019, 27 December 2019, 8 May 2020, 10 June 2020, 3 July, 13 July, 17 July, 20 July, 22 July, 23 July, 27 July and 30 July 2020 and the circulars of the Company dated 18 August 2016, 15 May 2017, 30 April 2018, 29 April 2019 and 22 April 2020 in relation to, amongst others, the proposed initial public offering of

1. shares by the Company (the "A Share Offering"). Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the circular of the Company dated 22 April 2020.

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The Board is pleased to announce that the Company has completed the A Share Offering. The A Shares of the Company will be listed and commence trading on the Shanghai Stock Exchange on 31 July 2020. Certain important information in respect of the A Share Offering is as follows:

Place of listing:	the Shanghai Stock Exchange
Date of listing:	31 July 2020
Stock abbreviation:	Guolian Securities
Stock code:	601456
Total number of shares of the	2,378,119,000 shares (comprising 442,640,000 H
Company in issue after	Shares and 1,935,479,000 A Shares)
the A Share Offering:

In accordance with the requirements of the relevant regulatory authorities approving the A Share Offering, all Domestic Shares of the Company issued before the A Share Offering have been registered with China Securities Depository and Clearing Corporation Limited as A Shares subject to trading restrictions. Save for the lock-up period, such shares shall be ranked pari passu with other A Shares issued by the Company.

By order of the Board

Guolian Securities Co., Ltd.

Yao Zhiyong

Chairman

Wuxi, Jiangsu Province, the PRC

30 July 2020

As of the date of this announcement, the executive director of the Company is Mr. Ge Xiaobo; the non-executive directors of the Company are Mr. Yao Zhiyong, Mr. Hua Weirong, Mr. Zhou Weiping, Mr. Liu Hailin and Mr. Zhang Weigang; and the independent non-executive directors of the Company are Mr. Lu Yuanzhu, Mr. Wu Xingyu and Mr. Chu, Howard Ho Hwa.

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