Analyst Certification
ウ ウ i ウ к ii н о ウ The analysts primarily responsible for the preparation of all or part of the research report contained herein hereby certify that: (i) the views expressed in this research report accurately reflect the personal views of each such analyst about the subject securities and issuers; and (ii) no part of the analyst’s compensation was, is, or will be directly or indirectly, related to the specific recommendations or views expressed in this research report.
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6
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300
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300 ъ
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к ь ц 1568
22 200122 й 8 518048 300 20% к 300 5% 20% 300 -10% 5% 300 10% к 300 10% к 300 -10% 10% 300 10% к 俉 1 26 傜 48
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Foreign Broker-Dealer Disclosures for Distributing to the U.S. ガ -
This report has been produced in its entirety by CITIC Securities Limited Company (“CITIC Securities”, regulated by the China Securities Regulatory Commission. Securities Business License Number: Z20374000). This report is being distributed in the United States by CITIC Securities pursuant to Rule 15a-6(a) (2) under the U.S. Securities Exchange Act of 1934 exclusively to “major U.S. institutional investors” as defined in Rule 15a-6 and the SEC no-action letters thereunder. ā ā ъ Z20374000 1934 л 15a-6(a) (2) 15a-6 л ā ā