2012年12月中央经济工作会议点评-追求全新意义的增长

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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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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. “ ” ъ Z20374000 1934 л 15a-6(a) (2) 15a-6 л “ ”