China Industrial Securities International Financial Group Limited (CISI FIN) disclosed that its wholly owned subsidiary, CISI Investment Limited, sold China Taiping Insurance Holdings Company Limited’s 6.40% perpetual subordinated capital securities between 17 June and 15 July 2026.

Cumulative transaction details • Principal disposed: US$22.10 million (≈ HK$173.49 million) • Total consideration: US$23.24 million (≈ HK$182.44 million) • Average price: 105.16% of par value • Resulting gain: US$0.62 million (≈ HK$4.84 million), subject to audit

Transaction breakdown – 17 Jun 2026: US$1.10 million principal, consideration US$1.16 million – 24 Jun 2026: US$4.00 million principal, consideration US$4.20 million – 9 Jul 2026: US$2.00 million principal, consideration US$2.10 million – 15 Jul 2026: US$15.00 million principal, consideration US$15.78 million

Instrument profile The securities are US$2.00 billion 6.40% perpetual subordinated capital securities issued by China Taiping Insurance Holdings, listed in Hong Kong and without a maturity date.

Strategic rationale Management stated that the disposals align with CISI FIN’s investment policy of reallocating assets to optimise returns and portfolio diversification. Net proceeds of US$23.24 million are earmarked for general working capital, with potential deployment into future investments.

Regulatory classification The aggregated disposals exceed the 5% but remain below the 25% thresholds under Rule 14.07 of the Hong Kong Listing Rules, qualifying them as a discloseable transaction. No shareholder approval is required.

Corporate background CISI FIN provides wealth management, corporate finance, asset management and proprietary investment services. The Issuer, China Taiping Insurance Holdings, is a Hong Kong-based insurance conglomerate with a 61.25% stake held by state-owned China Taiping Insurance Group Ltd.