广发证券（中信证券）-中报点评-债券承销大幅增长,直投业务进入收获期-110823.pdf

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25.0025.00?Analyst Certification?i?ii?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 analysts compensation was,is,or will be directly or indirectly,related to the specific recommendations or views expressed in this research report.?/?(?)?(1)?(2)?/?/?2011?300?20%?300?5%?20%?300?-10%?5%?300?10%?300?10%?300?-10%?10%?1.?6?6?300?2.?6?300?300?10%?48?100125?1568?22?200122?8?518048?1?26?Foreign Broker-Dealer Disclosures for Distributing to the U.S.?-?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.?Z20374000?1934?15a-6(a)(2)?15a-6?