To open up overseas markets, China Merchants Securities Co., Ltd. ("China Merchants Securities", Stock Code: 6099.HK/600999.SH) incorporated a wholly-owned subsidiary China Merchants Securities International Company Limited ("CMSI" or "we") in Hong Kong in July 1999. In 2021, CMSI successfully completed a capital increase amounting to HK$2.35 billion and received a Baa2/P-2 rating from Moody's, the internationally recognized credit rating agency. Additionally, CMSI issued US dollar bonds in overseas markets for the first time, thereby further strengthening its capital base and enhancing its resilience against risks. From 2022 to 2024, Moody's has reaffirmed its Baa2 rating while maintaining a "stable" long-term outlook.

CMSI is the main overseas business platform of China Merchants Securities and has subsidiaries in Hong Kong, London and Seoul. Through its Hong Kong subsidiary, it is involved in a full range of integrated financial services, including stocks and futures brokerage, corporate finance, sales and trading, asset management, private equity and OTC derivatives, etc. Through CMSI's respective Hong Kong subsidiaries, we have obtained a number of licenses, including those qualify us to carry on Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), Type 5 (advising on futures contracts), Type 6 (advising on corporate finance), and Type 9 (asset management) regulated activities under the Securities and Futures Ordinance. Our subsidiary in UK regulated by Financial Conduct Authority (FCA) is mainly engaged in advisory and research services through stock markets and fixed income markets covering Mainland China, Hong Kong, Europe and world worldwide market. Our subsidiary in South Korea regulated by Financial Supervisory Services is mainly focused on multi-securities business.

In recent years, CMSI has hired, and will continue to hire, high caliber senior managers and talents with international background in finance industry, which has further strengthened our capabilities to provide our customers with better financial services on corporate financing, brokerage, sales and trading, and asset management, responding to the vision "To Become A Leading Chinese Investment Bank" set by China Merchants Securities.

As a Chinese securities firm in Hong Kong bearing the corporate culture and corporate responsibility, CMSI has taken root in Hong Kong and served for many years, actively fulfilling the social corporate responsibilities, linking up with local charity organizations to help the needed, inheriting love and contributing to the community.

CMSI has been awarded the honour of "Caring Company" consecutively by The Hong Kong Council of Social Service, in recognition of CMSI's unremitting efforts in fulfilling corporate social responsibility over a few years, indicating CMSI recognize the concept of corporate social responsibility and is dedicated in developing a sustainable society.