Group 1 - The core viewpoint of the article highlights the significant growth in Guolian Minsheng's financial performance for the first half of the year, with a notable increase in revenue and net profit [1][2] - Guolian Minsheng reported a revenue of 4.011 billion yuan, representing a year-on-year growth of 269.40% [1] - The net profit attributable to shareholders reached 1.127 billion yuan, showing a remarkable year-on-year increase of 1185.19% [1] Group 2 - The company's securities investment business emerged as the largest revenue contributor, generating 1.687 billion yuan, with a staggering year-on-year growth of 14052.11% [1] - Brokerage and wealth management services, as well as investment banking, also experienced over 200% growth, with revenues of 1.195 billion yuan and 544 million yuan, reflecting year-on-year increases of 215.76% and 214.94% respectively [1] - Credit trading business revenue reached 300 million yuan, marking a year-on-year growth of 136.1% [1] - However, asset management and investment business saw a decline, with revenues of 294 million yuan, down 8.23% year-on-year [1] Group 3 - Guolian Minsheng added 117,600 new clients in the first half of the year, bringing the total client base to 3.4559 million [1] - The company announced plans to establish the "Guolian Tongzhi Fund" in partnership with Guolian Life Insurance, with a fund size of 1.22 billion yuan, focusing on private equity investments in new productivity and smart technology sectors [2]

Core Insights - The company reported a total revenue, net investment income, and other income of RMB 5.31 billion for the six months ending June 30, 2025, representing a year-on-year increase of 188.54% [1] - The net profit attributable to shareholders reached RMB 1.13 billion, showing a significant year-on-year growth of 1,185.19% [1] Revenue Breakdown - Brokerage and wealth management business generated revenue of RMB 1.58 billion, up 238.07% year-on-year [1] - Investment banking business achieved revenue of RMB 581 million, reflecting a year-on-year increase of 223.02% [1] - Asset management and investment business reported revenue of RMB 299 million, which is a decline of 8.58% year-on-year [1] - Credit trading business earned revenue of RMB 482 million, marking a year-on-year growth of 58.69% [1] - Securities investment business saw revenue of RMB 2.19 billion, with a substantial year-on-year increase of 515.02% [1]

Group 1 - The company Guolian Minsheng (01456.HK) announced the establishment of a limited partnership fund with Guolian Life Insurance, with a total fund size of RMB 1.22 billion [1] - Guolian Life Insurance will contribute RMB 740 million, accounting for 60.66% of the fund, while Guolian Tongbao will contribute RMB 480 million, accounting for 39.34% [1] - The fund's operational scope includes venture capital (limited to investments in unlisted companies), investment activities using its own funds, and private equity investments, investment management, and asset management activities [1]

Core Viewpoint - The company Guolian Minsheng (601456) has established a partnership with Guolian Life Insurance to create a limited partnership fund focused on private equity investments in new productivity and smart technology sectors [1] Group 1: Fund Establishment - Guolian Tongbao, a wholly-owned subsidiary of Guolian Minsheng, has signed a partnership agreement with Guolian Life Insurance to set up a limited partnership fund [1] - Guolian Tongbao will act as the fund manager and general partner, providing asset management services for the fund [1] Group 2: Investment Focus - The fund will primarily invest in private equity within the new productivity and smart technology sectors [1] - This investment strategy aims to expand the company's private equity business management scale and generate investment returns and management fee income [1] Group 3: Strategic Collaboration - The establishment of the fund represents a business collaboration between the company's private investment fund subsidiary and insurance capital [1] - The partnership focuses on jointly developing project resources around "digital intelligence empowering technology assets," which is expected to yield long-term investment returns [1] - This collaboration will enhance the company's experience in working with insurance institutions, strengthen its private equity asset management capabilities, and improve brand recognition [1] Group 4: Operational Principles - The investment process adheres to principles of fairness, justice, and openness, ensuring no adverse impact on the company's operations [1]

Core Insights - The company reported a total revenue, net investment income, and other income of RMB 5.31 billion for the six months ending June 30, 2025, representing a year-on-year increase of 188.54% [1] - Shareholders' profit reached RMB 1.127 billion, a significant year-on-year increase of 1185.19% [1] - Basic earnings per share stood at RMB 0.2 [1] Financial Performance - Total assets amounted to RMB 185.397 billion as of June 30, 2025, reflecting a growth of 90.72% compared to December 31, 2024 [1] - Equity attributable to shareholders was RMB 51.088 billion, an increase of 174.90% from December 31, 2024 [1] - The company achieved total revenue, net investment income, and other income of RMB 5.31 billion, marking a year-on-year growth of 188.54% [1] - Net profit attributable to shareholders was RMB 1.127 billion, showing a year-on-year increase of 1185.19% [1] Business Segments - Brokerage and wealth management business generated revenue of RMB 1.58 billion, up 238.07% year-on-year [1] - Investment banking business reported revenue of RMB 581 million, a year-on-year increase of 223.02% [1] - Asset management and investment business saw revenue of RMB 299 million, down 8.58% year-on-year [1] - Credit trading business achieved revenue of RMB 482 million, reflecting a year-on-year growth of 58.69% [1] - Securities investment business generated revenue of RMB 2.187 billion, a substantial year-on-year increase of 515.02% [1]

Core Insights - The company reported a total revenue, net investment income, and other income of RMB 5.31 billion for the six months ending June 30, 2025, representing a year-on-year increase of 188.54% [1] - Shareholder profit reached RMB 1.127 billion, marking a significant year-on-year increase of 1185.19% [1] - Basic earnings per share were RMB 0.2 [1] Financial Performance - Total assets amounted to RMB 185.397 billion as of June 30, 2025, reflecting a growth of 90.72% compared to December 31, 2024 [1] - Equity attributable to shareholders was RMB 51.088 billion, an increase of 174.90% from December 31, 2024 [1] - The company achieved total revenue, net investment income, and other income of RMB 5.31 billion, with a year-on-year growth of 188.54% [1] - Net profit attributable to shareholders was RMB 1.127 billion, showing a year-on-year increase of 1185.19% [1] Business Segments - Brokerage and wealth management business generated revenue of RMB 1.58 billion, up 238.07% year-on-year [1] - Investment banking business revenue reached RMB 581 million, increasing by 223.02% year-on-year [1] - Asset management and investment business reported revenue of RMB 299 million, a decline of 8.58% year-on-year [1] - Credit trading business generated revenue of RMB 482 million, reflecting a year-on-year increase of 58.69% [1] - Securities investment business achieved revenue of RMB 2.187 billion, a substantial year-on-year growth of 515.02% [1]

北京商报讯（记者 郝彦）8月28日，国联民生证券发布半年报，上半年实现营业收入40.11亿元，同比增长269.4%；归母净利润11.27亿元，同比增长 1185.19%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何 部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 （股份代號：01456） （於中華人民共和國成立的股份有限公司） 中期業績公告 截至2025年6月30日止六個月 國聯民生證券股份有限公司（「本公司」）董事會（「董事會」）謹此公佈本公司及其附 屬公司截至2025年6月30日止六個月未經審核中期業績。本公告列載本公司2025年中 期報告全文，並符合香港聯合交易所有限公司證券上市規則有關中期業績初步公告 的相關規定。本公司2025年中期報告將適時刊載於香港聯合交易所有限公司的網站 www.hkexnews.hk及本公司的網站www.glsc.com.cn，並按本公司H股股東選擇收取公 司通訊的方式寄發予本公司H股股東。 承董事會命 國聯民生證券股份有限公司 董事長 顧偉 中國江蘇省無錫市 2025年8月28日 截至本公告日期，本公司執行董事為葛小波先生；本公司非執行董事為顧偉先生、 周衛平先生、吳衛華先生、楊振興先生及劉海林先生；及本公司獨立非執行董事為 ...

Group 1 - The company reported a revenue of 4.011 billion yuan for the first half of 2025, representing a year-on-year increase of 269.40% [1] - The net profit attributable to shareholders reached 1.127 billion yuan, showing a significant year-on-year growth of 1185.19% [1] - The net profit excluding non-recurring items was 1.121 billion yuan, reflecting a year-on-year increase of 1355.70% [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 （股份代號：01456） （於中華人民共和國成立的股份有限公司） 關連交易 成立有限合夥基金 董事會宣佈，本公司全資附屬公司國聯通寶（作為普通合夥人）已於2025年8月28日 與國聯人壽（作為有限合夥人）訂立合夥協議，共同設立有限合夥基金。國聯通寶 作為基金管理人及執行事務合夥人為基金提供資產管理服務。 於本公告日期，由於國聯集團直接及間接持有本公司38.52%的股份，其為上市規 則定義下本公司的控股股東。由於國聯人壽由國聯集團直接持有其33.33%股份， 國聯人壽為本公司於上市規則第14A章下的關連人士，成立基金構成上市規則第 14A章下本公司之關連交易。 由於根據上市規則第14.07條計算之本次交易的最高適用百分比率超過0.1%但低 於5%，故成立基金須遵守上市規則第14A章下申報及公告的規定，但獲豁免遵守 獨立股東批准的規定。 董事會宣佈，本公司全資附屬公司國聯通寶（作為普通合夥人）已於2025年 ...