(Incorporated in Hong Kong with limited liability)
Guotai Junan International Received Three Awards Including "Excellence in Risk Management" from "Bloomberg Businessweek"
[25 May 2018, Hong Kong] Guotai Junan International Holdings Limited ( "Guotai Junan International" or the "Company", Stock code: 1788.HK) is pleased to announce that the Company has won three awards in the Financial Institution Awards 2018 held by Bloomberg Businessweek, namely:
- Excellence Award in Risk Management
- Excellence Award in Corporate Finance
- Outstanding Award in Derivative Provider of the Year
The Financial Institution Awards, presented by Bloomberg Businessweek, had appraised enterprises in banking, insurance and investment banking through evaluation from authorities, and selected prominent players in aspects of market performance, business growth, development and strategy during the year, aiming to motivate the sectors with greater efforts to Hong Kong's economic stability and prosperity.
Since its listing, every year has been a historical year for Guotai Junan International, with a CAGR of 32%, a CAGR of net profit of 34% and a payout ratio of over 50% for the past 5 years. In the meantime, the Company has reached an industry leading return on equity (ROE) of 15% last year. "High growth, high dividend and high sustainability" has become the highlights of the Company's development. More importantly, Guotai Junan International put forward "Risk Management Creates Value" ahead of its peers, encouraging the industry to value the profit from the sight of risk management and to focus on the quality and stability of earning. Besides gaining the highest level of credit ratings among all the Mainland Chinese financial institutions in Hong Kong, the Company actively adjusted its business structure in 2017 to enhance its net asset quality by prioritizing the quality, rather than the scale of the business as the Company's development goal. Guotai Junan International also early-adopted HKFRS 9 in 2017 Interim Report, defining the Company as a pioneer in risk management among overseas financial institutions, which was highly recognized by the domestic and overseas capital market.
In sight of Corporate Financing, the Company successfully assisted and completed the H shares IPO deal for its parent company Guotai Junan Securities Company Limited ("Guotai Junan", Stock Code: 601211.SH; 2611.HK) as the Joint Sponsor, Joint Global Coordinator, Joint Book runner and Joint Lead Manager in the deal. The listing of the parent company was well recognized by capital market, while both public offering in Hong Kong and international placing were significantly oversubscribed, marking an important milestone for the Hong Kong market.
According to the Company's 2017 Annual Report, Guotai Junan International's income from financial product increased significantly by 162% to approximately HK$300 million. Under its constantly optimized risk management system, the Company's outstanding financial product team carried on providing comprehensive and customized derivative products to cater to clients' various investment needs in the stock and bond markets, while clients' demand continued to thrive. Meanwhile, thanks to the Company's leading credit ratings, Guotai Junan International further consolidated its business cooperation with major international financial institutions with a view of; actively exploring and developing diversified financing channels, lowering the funding cost, and thus successfully increasing the competitiveness of our financial products.
Junhong Wang, Head of Group's CEO office accepted the Risk Management Award on behalf of the Company
Anthony Wong, Deputy General Manager of Group's Corporate Finance team accepted the Corporate Finance Award on behalf of the Company
About Guotai Junan International Holdings Limited
Guotai Junan International is the market leader and first mover for internationalization of Chinese Securities Company. The Company is the first Chinese securities broker to list on the Main Board of The Hong Kong Stock Exchange by way of initial public offering. Based in Hong Kong, the Company provides diversified integrated financial services. The five core services include: (i) brokerage, (ii) corporate finance, (iii) loans and financing, (iv) asset management, (v) financial products, market making and investments.
The Company is one of the constituents of HSCI, Hang Seng Composite LargeCap & MidCap Index, FTSE HK index and FTSE HK ex H share index. Guotai Junan International has been assigned "Baa2 / Prime-2" and "BBB+ / A-2" rating from Moody's Investor Service and Standard & Poor's Global Ratings respectively.
Our controlling shareholder, Guotai Junan Securities Company Limited ("Guotai Junan", Stock Code: 601211.SH; 2611.HK), is one of the China's leading securities houses. Backed by strong operational support, the Company will be able to further explore the HK and the Asia-Pacific market.
For more information about Guotai Junan International: http://www.gtjai.com.
28/05/2018 Dissemination of a Marketing Press Release, transmitted by EQS Group.
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