GTJAI Assisted ATRenew 

with its Debut on NYSE

Private Equity Robustly Synergizes with Investment Banking, Offering Corporate Clients with All-round Integrated Financial Services

[18 June 2021, Hong Kong] Guotai Junan International Holdings Limited(“Guotai Junan International”, “GTJAI” or the “Company”, stock code: 1788.HK) today successfully assisted ATRenew (also known as “All Things Renew 万物新生” or “Aihuishou 爱回收”, Stock code: RERE), the largest pre-owned consumer electronics transactions and services platform in China, to list on The New York Stock Exchange (NYSE). Endorsed as the “first ESG-related China concept stock”, ATRenew has swept along investors, oversubscribed by more than 10 times. GTJAI participated as one of the major underwriters.

 “All Things Renew 万物新生” Physical Store

Private Equity Robustly Synergizes with Investment Banking Business while Offering Corporate Clients All-round Integrated Financial Services

ATRenew is both GTJAI’s 10^th completed equity market deal this year and its first listed private equity investment. Last year the Company’s Private Equity Investment team participated in ATRenew’s series-E funding as a guidance on sustainable financial development, successfully fostering its steady growth and diversified development and driving it towards the goal of the NYSE.

During the groundwork for the listing, GTJAI further provided ATRenew with capital market services to back its debut on the global market. Through the full coverage from pre-IPO to successful listings of ATRenew, the Company demonstrated its strength in integrated financial services and all-round business synergy again, not only offering corporate clients thorough value extension and comprehensive service coverage but also bringing in excellent issuers to the capital market.

Practicing Social Responsibilities through Green Finance and Striving Towards Model of Sustainable Finance

ATRenew integrates the entire value chain of pre-owned electronics from customers to retailers to enterprises, playing a critical role in China’s green industry, which also matches GTJAI’s strategies and policies of sustainable finance. While diversified strategies have been utterly implemented in recent years, the Company has transformed from a “broker-like” security firm into a large-scale “integrated financial service provider” driven by multi businesses, and it has been taking more important social responsibilities. In 2020, among its Chinese peers, GTJAI pioneered the ESG Committee to support the Board in formulating, overseeing and monitoring execution of ESG-related matters, for example, prioritizing green investment and financing to bring an inclusive and low-carbon economy together with all parties.

About ATRenew (also known as “All Things Renew” or “Aihuishou”)

ATRenew is the current largest pre-owned mobile phone recycling and online trading platform globally, integrating the entire value chain from C2B recycling, B2B wholesale trading to B2C retailing, thus eliminating the intermediaries. It also provides high-quality and publicly accessible quality-control (QC) reports generated by its proprietary automatic QC system, to a certain extent tackling information asymmetry and significantly enhancing the industry’s efficiency. The value chain of pre-owned mobile phones mainly includes C-side recycling, multi-layered circulation of recyclers and retailer-to-consumer sales, causing inefficiency and opaque information. As the largest platform, ATRenew greatly improves the transparency of recycling and has tackled such pain points of the market.

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About GTJAI

Guotai Junan International (“GTJAI”, Stock Code: 1788.HK) is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. It has also been included in FTSE4Good Index by London Stock Exchange. Based in Hong Kong, GTJAI provides diversified integrated financial services. Core business includes seven categories of brokerage, corporate finance, asset management, loans and financing, financial products, market making and investments, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance service) and investment management. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively. The controlling shareholder, Guotai Junan Securities (Stock Code: 601211.SS; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the Chinese securities industry. For more information about GTJAI, please visit http://www.gtjai.com

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