GJ Warrants

The Structured Products are Non-collateralised

Terms & Indicator

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23250 GJ-HKEX@EC2606A Real Time Quote

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Volume

Implied Volatility Data (10D)

Date (Y-M-D)	Last	Implied Volatility (%)	Warrants Avg IV (%)
2026-01-14	0.156	31.67	32.51
2026-01-13	0.151	31.98	32.66
2026-01-12	0.138	32.23	32.62
2026-01-09	0.144	32.31	32.40
2026-01-08	0.140	32.26	32.88
2026-01-07	0.150	31.65	32.71
2026-01-06	0.155	31.43	32.35
2026-01-05	0.126	31.96	32.97
2026-01-02	0.116	31.73	32.78
2025-12-31	0.102	32.12	33.93

Related GTJA Warrants and CBBCs

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Information Provided by DB Power Online Limited [Disclaimer]

Structured Products are non-collateralised products. If the issuer or guarantor is insolvent or defaults,
investors may not recover part or all of the amount due.

We will make available the listing documents and announcements in printed form during usual business hours on any weekday (Saturdays, Sundays and holidays excepted) at 27/F., Low Block, Grand Millennium Plaza, 181 Queen’s Road Central,Hong Kong to holders of our listed structured products free of charge upon request.

Guotai Junan International is a member of the Guotai Haitong Group.