Core Viewpoint - The announcement details the public issuance of the third phase of corporate bonds by GF Securities Co., Ltd., which will be listed on the Shenzhen Stock Exchange starting August 29, 2025, and will merge with existing bonds for trading purposes [1] Group 1 - The bond issuance is aimed at professional investors, specifically institutional investors [1] - The existing bond scale is 3.9 billion yuan, while the new issuance has a face value of 800 million yuan [1] - The full name of the bond is "GF Securities Co., Ltd. 2025 Public Issuance of Corporate Bonds for Professional Investors (Phase III)", with the abbreviation "25 GF 05" and the code "524393" [1] Group 2 - The trading methods for the bonds include matching transactions, click transactions, inquiry transactions, competitive bidding, and negotiated transactions [1] - The specific terms and conditions can be found in the bond issuance prospectus or the issuance announcement [1]

Core Viewpoint - Guangfa Securities (000776.SZ) reported significant growth in its financial performance for the first half of 2025, indicating strong operational efficiency and market positioning [1] Financial Performance - The company achieved operating revenue of 15.398 billion yuan, representing a year-on-year increase of 34.38% [1] - The net profit attributable to shareholders reached 6.47 billion yuan, marking a year-on-year growth of 48.31% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 6.311 billion yuan, reflecting a year-on-year increase of 44.51% [1] - Basic earnings per share stood at 0.79 yuan [1]

Group 1 - The company reported total revenue and other income of 19.916 billion yuan for the six months ending June 30, 2025, representing an increase of 18.43% year-on-year [1] - The net profit attributable to shareholders was 6.47 billion yuan, an increase of 48.31% year-on-year, with basic earnings per share of 0.79 yuan [1] - As of June 30, 2025, the total assets of the company were 815.839 billion yuan, an increase of 7.52% from the end of 2024 [1] Group 2 - The company completed five A-share equity financing projects with a total underwriting amount of 15.622 billion yuan during the reporting period [2] - The company was recognized with multiple awards, including "Best Local Investment Bank" and "Best Equity Underwriting Investment Bank" by New Fortune in 2025 [2] - The company completed 11 overseas equity financing projects, all of which were Hong Kong IPOs, with a total issuance scale of 42.773 billion Hong Kong dollars [2]

智通财经APP讯，广发证券(01776)发布截至2025年6月30日止6个月中期业绩，该集团取得收入及其他收 益总额199.16亿元，同比增加18.43%;归属于本公司股东的净利润64.7亿元，同比增加48.31%;基本每股 收益0.79元。 2025年上半年，在董事会指导下，公司坚守功能性定位，持续推动高质量发展，扎实推进业务转型。在 全体员工的共同努力下，公司取得了良好的经营业绩，主要经营指标保持行业前列。截至2025年6月30 日，本集团总资产为8158.39亿元，较2024年末增加7.52%;归属于本公司股东的权益为1509.47亿元，较 2024年末增加2.27%;报告期本集团收入及其他收益总额为199.16亿元，同比增加18.43%;支出总额为 120.97亿元，同比增加 2.35%;归属于本公司股东的净利润为64.7亿元，同比增加48.31%。 报告期内，境内股权融资方面，公司完成A股股权融资项目5单，主承销金额156.22亿元;完成新三板挂 牌2单。截至2025年6月末，公司作为主办券商持续督导挂牌公司共计47家，其中"专精特新"企业占比达 82.98%。2025年上半年，公司荣获2025新财 ...

Group 1 - The core viewpoint of the article is that Guangfa Securities reported significant growth in its financial performance for the first half of 2025, with notable increases in both revenue and net profit [1] - The company achieved an operating income of 15,398,122,178.83 yuan, representing a year-on-year growth of 34.38% [1] - The net profit attributable to shareholders reached 6,469,747,569.48 yuan, marking a year-on-year increase of 48.31% [1] - The basic earnings per share were reported at 0.79 yuan per share [1] - The profit distribution plan for the first half of 2025 includes a cash dividend of 1.0 yuan (tax included) for every 10 shares to all shareholders [1]

Group 1 - The core viewpoint of the article highlights the announcement made by GF Securities regarding its board meeting and the composition of its revenue for the year 2024 [1] - The board meeting took place on August 29, 2025, in Guangzhou, where the company reviewed its semi-annual report for 2025 [1] - As of the report, GF Securities has a market capitalization of 166.4 billion yuan [1] Group 2 - For the year 2024, the revenue composition of GF Securities is as follows: wealth management business accounts for 43.17%, asset management for 27.94%, securities investment for 25.63%, investment banking for 2.89%, and other businesses for 0.37% [1]

EF001 對內地企業投資者通過深港通投資本公司H股取得的股利，本公司對內地企業投資者不代 扣股息紅利所得稅款，應納稅款由企業自行申報繳納。其中，內地居民企業連續持有H股 滿12個月取得的股利，依法免徵企業所得稅。 有關進一步詳情請見本公司日期為2025年8月29日之截至2025年6月30日止六個月之中期 業績公告。 EF001 免責聲明 | 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，概不對因 | | | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 廣發証券股份有限公司 | | 股份代號 | 01776 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止六個月之中期股息 | | 公告日期 | 2025年8月29日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 ...

Dividend Distribution - The company announced an interim cash dividend of RMB 1.00 per 10 shares, which is approximately HKD 1.096296 per 10 H shares, including tax [3]. - The interim dividend will be distributed to H shareholders on October 22, 2025, with the record date set for September 18, 2025 [5]. - A withholding tax of 10% will be applied to non-resident corporate shareholders receiving the interim dividend [4]. - Individual H shareholders from regions with a 10% dividend tax rate agreement with China will also have a 10% withholding tax applied [7]. - The company will suspend H share transfer registration from September 15 to September 18, 2025, to determine eligible shareholders for the dividend [5]. - The interim dividend distribution is part of the profit allocation authorized by the 2024 Annual General Meeting [3]. - The company has appointed Hong Kong Central Securities Trust Company as the payment agent for the dividend distribution [5]. - Shareholders must ensure that their shares and transfer documents are submitted by September 12, 2025, to qualify for the dividend [5]. - The company will follow the tax regulations for individual shareholders based on their residency and applicable tax treaties [6]. - The board of directors is responsible for determining the interim profit distribution plan as authorized by the shareholders [3]. - The company will withhold individual income tax at a rate of 20% on dividends received by mainland individual investors through the Stock Connect for H-shares [9]. - Mainland corporate investors are not subject to withholding tax on dividends from H-shares, and tax payments are to be self-reported by the enterprises [9]. Financial Performance - Total revenue and other income for the first half of 2025 reached RMB 19,916 million, an increase of 18.43% compared to RMB 16,817 million in the same period of 2024 [32]. - Profit before tax for the first half of 2025 was RMB 8,319 million, reflecting a significant growth of 62.57% from RMB 5,117 million in the first half of 2024 [32]. - Net profit attributable to shareholders for the first half of 2025 was RMB 6,470 million, up 48.31% from RMB 4,362 million in the same period last year [32]. - Basic earnings per share increased to RMB 0.79, representing a growth of 51.92% compared to RMB 0.52 in the first half of 2024 [32]. - Total assets as of June 30, 2025, amounted to RMB 815,839 million, a rise of 7.52% from RMB 758,745 million at the end of 2024 [33]. - Total liabilities increased by 8.85% to RMB 659,259 million from RMB 605,660 million at the end of 2024 [33]. - The return on equity (ROE) for the first half of 2025 was 4.83%, an increase of 1.44 percentage points from 3.39% in the same period of 2024 [32]. - The debt-to-asset ratio rose to 74.90%, an increase of 1.14 percentage points from 73.76% at the end of 2024 [33]. - Core net capital at the end of the reporting period was RMB 70,023 million, reflecting a slight increase of 0.81% from RMB 69,460 million at the end of the previous year [37]. - The liquidity coverage ratio decreased to 170.78%, down 12.39 percentage points from 183.17% at the end of the previous year [37]. Market Overview - In the first half of 2025, the GDP of China grew by 5.3% year-on-year, providing a solid economic foundation for the stable operation of the capital market [42]. - The total issuance of various bonds in the first half of 2025 reached 44.34 trillion yuan, an increase of 15.82% year-on-year [42]. - The A-share market completed 120 equity financing transactions in the first half of 2025, raising 669.318 billion yuan, which represents a year-on-year increase of 10.09% and 562.05% respectively [42]. - The total scale of public funds in China reached 34.39 trillion yuan by the end of June 2025, an increase of 4.75% compared to the end of 2024 [42]. - The stock market indices, including Wind All A, Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, increased by 5.83%, 2.76%, 0.48%, and 1.46% respectively in the first half of 2025 [40]. Business Segments - The company focuses on four main business segments: investment banking, wealth management, trading and institutional business, and investment management [45]. - The company has established a comprehensive business system with four major business segments: investment banking, wealth management, trading and institutional services, and investment management [52]. - The company is committed to providing comprehensive financial solutions to meet the diverse needs of enterprises, individual and institutional investors, and government clients [45]. Risk Management - The company has established a comprehensive risk management system to address various risks, including liquidity, market, credit, compliance, operational, IT, and reputational risks [13]. - The liquidity risk management strategy includes multi-layered liquidity reserves and daily monitoring of liquidity risk indicators to ensure sufficient liquidity under normal and stressed conditions [139]. - Market risk management involves setting risk limits based on the company's risk tolerance and using advanced models for monitoring potential losses under normal and extreme conditions [140]. - Credit risk management focuses on identifying and managing credit risks across all products and businesses, including new products and services [141]. - The company has implemented a risk alert system to optimize stress testing scenarios and enhance daily risk monitoring [141]. - The company emphasizes compliance and risk management, being one of the first brokerages to implement comprehensive risk management strategies [56]. Corporate Governance - The company has a stable shareholding structure with major shareholders maintaining their positions for 26 years, providing strong support for overcoming development challenges [51]. - The company has no controlling shareholders or actual controllers, and there were no non-operating fund occupations by the largest shareholder and its related parties during the reporting period [180]. - There were no violations regarding external guarantees during the reporting period [181]. - The company has made commitments to ensure compliance with information disclosure and risk management standards following its public listing [179]. Employee and Social Responsibility - As of June 30, 2025, the total number of employees is 13,650, including 11,298 from the parent company and 2,352 from subsidiaries [166]. - The company has implemented a comprehensive training program focusing on professional capabilities, with initiatives in areas such as FICC business transformation and AI training camps [169]. - The company has committed over 300 million yuan to public welfare initiatives, focusing on rural revitalization, education, financial empowerment, and medical assistance [148]. - The company has actively engaged in poverty alleviation efforts, with over 3.3 million yuan spent on purchasing local agricultural products to support local farmers [176]. - The company donated 5 million yuan to support rural revitalization development in Guangdong Province, receiving recognition with a silver cup for poverty alleviation efforts [177]. Environmental Initiatives - The company emphasizes green management practices and has made improvements in energy conservation and waste management during the reporting period [171]. - The company processed approximately 30 tons of recyclable waste during the reporting period, including paper, metal, and plastic products [172]. - The company has implemented a digital asset management system to reduce carbon emissions throughout the asset lifecycle, promoting green office practices [172]. - The company has focused on enhancing ESG governance levels and has complied with mandatory disclosure regulations in its environmental, social, and governance report [173]. Compliance and Legal Matters - The company received a warning letter from the China Securities Regulatory Commission due to a loss in the first year of a sponsored company's securities issuance [191]. - As of June 30, 2025, the group has a total of 1,224 ongoing litigation and arbitration cases, with a total amount involved of approximately RMB 13.231 billion [189]. - The group has recognized a related liability of approximately RMB 0.11 billion for the aforementioned litigation or arbitration matters [190]. - The company reported no significant unfulfilled court judgments or large debts due during the reporting period [192].

Core Viewpoint - Guangfa Securities reported significant growth in its half-year financial results for 2025, indicating a strong performance in the investment banking sector [1] Financial Performance - The company achieved total operating revenue of 15.398 billion yuan, representing a year-on-year increase of 34.38% [1] - Net profit attributable to shareholders reached 6.47 billion yuan, marking a year-on-year increase of 48.31% [1] - Basic earnings per share were reported at 0.79 yuan [1] Dividend Distribution - The company proposed a cash dividend of 1 yuan per 10 shares (including tax) [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，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )及中國報章刊發的《廣發証券股份有限公司關 於會計政策變更的公告》。茲載列如下，僅供參閱。 承董事會命 廣發証券股份有限公司 林傳輝 董事長 中國，廣州 2025年8月30日 於本公告日期，本公司董事會成員包括執行董事林傳輝先生、秦力先生、孫曉燕 女士及肖雪生先生；非執行董事李秀林先生、尚書志先生及郭敬誼先生；獨立非 執行董事梁碩玲女士、黎文靖先生、張闖先生及王大樹先生。 证券代码：000776 证券简称：广发证券 公告编号：2025-034 广发证券股份 ...