Dividend Distribution - The company plans to distribute a cash dividend of RMB 5.40 per 10 shares, totaling approximately RMB 4.70 billion based on the total shares of 8,696,526,806 as of December 31, 2021[4]. - The company will announce the specific dates for the dividend distribution and related shareholder registration details in due course[4]. - The company did not allocate statutory surplus reserves for the year 2021, maintaining the total distribution amount unchanged even if the total share capital changes[4]. Financial Performance - The company's operating revenue for 2021 was CNY 29.43 billion, an increase of 21.22% compared to CNY 24.28 billion in 2020[42]. - Net profit attributable to shareholders for 2021 reached CNY 11.65 billion, reflecting a growth of 22.69% from CNY 9.49 billion in 2020[42]. - The total assets at the end of 2021 amounted to CNY 597.22 billion, representing a year-on-year increase of 19.51%[42]. - The total liabilities increased by 23.03% to CNY 484.63 billion in 2021, up from CNY 393.90 billion in 2020[42]. - Basic earnings per share for 2021 were CNY 1.25, a rise of 17.92% compared to CNY 1.06 in 2020[44]. - The weighted average return on equity for 2021 was 11.52%, an increase of 0.67 percentage points from 10.85% in 2020[44]. - The net cash flow from operating activities for 2021 was negative CNY 41.19 billion, worsening from negative CNY 9.80 billion in 2020[42]. - The company's net capital at the end of 2021 was CNY 72.74 billion, up from CNY 58.65 billion at the end of the previous year[45]. Risk Management - The company faces various risks including regulatory changes, credit risk from counterparties, market risk from adverse market changes, and liquidity risk related to funding needs[8]. - The company emphasizes the importance of compliance with legal and regulatory frameworks to mitigate potential legal and compliance risks[8]. - The company has a robust risk management framework in place, addressing organizational structure, systematization, and information technology systems to manage identified risks[8]. - The company has established a comprehensive risk management system covering various types of risks, including market risk, credit risk, operational risk, liquidity risk, reputation risk, and anti-money laundering risk[168]. - The company has implemented a multi-level business authorization management system to control credit risk in financing-related businesses[186]. - The company emphasizes the importance of liquidity risk management, with measures including maintaining a reserve of high-quality liquid assets[195]. Market Expansion and Qualifications - The company has been actively involved in market expansion, acquiring qualifications for various derivative trading and market-making activities since 2014[18]. - The company obtained qualifications for various business operations, including credit protection bond repurchase and fund investment advisory services, in June 2021[17]. - The company has expanded its qualifications to include participation in the Sci-Tech Innovation Board's securities lending business as of July 2019[18]. - The company is positioned to leverage its qualifications for future growth in the rapidly evolving financial market[18]. - The company continues to focus on enhancing its service offerings and expanding its market reach through strategic qualifications and partnerships[18]. Client and Asset Management - The number of new accounts opened reached a historical high, with a year-on-year growth of 81.77%, resulting in approximately 14.79 million customers by the end of 2021, a 29.07% increase year-on-year[67]. - The company's managed client assets reached 4.45 trillion yuan, reflecting a year-on-year growth of 16.51%[67]. - The wealth management client base grew to 563,500, with managed assets of 1.67 trillion yuan, representing year-on-year increases of 24.12% and 21.90%, respectively[68]. - The company's private fund custody product count reached 3.54 million, with a scale of 3.60 trillion yuan, reflecting a year-on-year growth of 34.74% and 25.55% respectively[79]. Investment Banking and Underwriting - The company ranked 7th in A-share IPO underwriting amount and number of cases, and 9th in refinancing underwriting amount and cases[83]. - The company completed 14 IPO projects in the Hong Kong market with an underwriting amount of USD 750 million, ranking 5th among Chinese securities firms[83]. - The company's domestic bond underwriting amount reached CNY 489.54 billion in 2021, a year-on-year increase of 18.81%, ranking 7th in the industry[88]. - In 2021, the total scale of A-share equity financing reached CNY 1,596.04 billion, a year-on-year increase of 15.70%[82]. Digital Transformation and Technology - The company plans to enhance its digital transformation and improve core business competitiveness while maintaining stable growth in operating performance[105]. - The company has established a financial technology center and upgraded its digital capabilities, including the launch of a cloud-native core trading system[150]. - The company's APP monthly active users (MAU) increased by 15.45% year-on-year, ranking among the top 5 large brokerages[69]. Compliance and Governance - The company has a comprehensive approach to maintaining a good market image and compliance with regulatory requirements in both mainland China and Hong Kong[200]. - The governance structure of the company complies with relevant laws and regulations, ensuring a balanced separation of powers among shareholders, the board, and management[200]. - The company has engaged Deloitte as its domestic and international accounting firm for the reporting period[41].

CMS ூ 招商证券 (於中華人民共和國註冊成立的股份有限公司) 股份代號: 6099 2020 年度報告 TI 2020 年度報告 霍達 董事長 不負時代向未來 霍達董事長2020年年報致辭 2020年，兩個「一百年」奮鬥目標歷史交匯，世紀疫情和百年變局交織。在這個極不平凡的年份裡，招商 證券牢固樹立「金融報國」的價值追求，戰疫情，推改革，控風險，創業績，全力打好疫情防控阻擊戰、復工 復產陣地戰和年度目標攻堅戰。在既定的戰略軌道上，公司發展穩中有進、變中有新。 這一年來，公司直面疫情挑戰，迎難而上，拓收增效，實現營業收入242.78億元（中國會計準則），歸屬 於上市公司股東的淨利潤94.92億元，均取得公司歷史第二好的經營業績，同比分別增長29.77%和30.34%。 公司核心業務指標中，經紀業務代理買賣淨收入份額這一「基本盤」業務指標躍升至行業第2，託管業務穩居行 業第1，機構業務、主動資產管理規模等關鍵業務指標穩步提升。同時，公司堅持合規穩健經營，較好地控制 了各類風險，連續13年獲得分類監管A類AA級評級。 這一年來，我們保持戰略定力，搶抓市場機遇，扎扎實實擴優勢、補短板、強弱項，著力做好打基礎、 管 ...