Financial Performance - In 2024, the company achieved operating revenue of 20.89 billion, a year-on-year increase of 5.40% compared to 19.82 billion in 2023 [3] - The net profit attributable to shareholders reached 10.39 billion, reflecting an 18.51% increase from 8.76 billion in the previous year [3] - The net profit after deducting non-recurring gains and losses was 10.38 billion, up 18.84% from 8.73 billion in 2023 [3] - The net cash flow from operating activities was 54.73 billion, a significant increase of 101.97% compared to 27.10 billion in 2023 [3] Business Segmentation - The wealth management and institutional business accounted for the highest revenue share at 48.98%, followed by investment banking at 4.11%, investment management at 4.42%, trading and investment at 30.32%, and other businesses at 12.17% [2] - Wealth management and institutional business generated revenue of 10.23 billion, with a year-on-year growth of 2.22% [4] - Investment banking revenue was 857.64 million, down 33.75% due to a slowdown in the A-share equity financing market [5] - Investment management revenue was 924.04 million, showing a slight decrease of 0.30% [6] - The trading and investment business saw a substantial increase in revenue to 6.33 billion, up 79.14% [6] User Metrics - As of the end of 2024, the company had approximately 19.30 million active trading clients, an increase of 8.68% year-on-year [4] - The total assets under custody reached 4.27 trillion, reflecting a growth of 14.78% [4] - The company's app ranked fifth in terms of monthly active users among securities firms, with the highest average daily usage time per user [4] Executive Compensation - The total compensation for the company's directors and senior management decreased by 30.64% to 17.47 million from 25.19 million in 2023 [7] - Only three executives received salaries exceeding 2 million, with the chairman earning 2.47 million, the president 2.36 million, and a vice president 2.01 million [7]

Group 1 - The meeting of the Supervisory Board of China Merchants Securities Co., Ltd. was held in Shenzhen, with all six supervisors present [1] - The Supervisory Board approved the 2024 Annual Report, which includes both A-share and H-share reports, prepared according to relevant listing rules and accounting standards [1] - The meeting also approved the 2024 Annual Business Report, 2024 Internal Control Evaluation Report, 2024 Compliance Report, 2024 Sustainable Development Report, 2024 Compliance Management Effectiveness Assessment Report, and 2024 Supervisory Board Work Report, all with unanimous approval [2][2][2][2][2][2] Group 2 - All resolutions passed by the Supervisory Board are subject to review at the 2024 Annual General Meeting of Shareholders [2][3]

Profit Distribution Plan - The company plans to distribute a cash dividend of 0.377 RMB per share (including tax) [1] - The total cash dividend to be distributed amounts to 4,156,939,813.27 RMB, which represents 40.02% of the net profit attributable to shareholders for the year [1][2] - The total share capital as of December 31, 2024, is 8,696,526,806 shares [1] Historical Comparison - The cash dividend for 2024 is significantly higher than previous years, with 2,191,524,755.11 RMB in 2023 and 1,608,857,459.11 RMB in 2022 [2] - The net profit attributable to shareholders for 2024 is reported at 10,385,872,410.71 RMB, compared to 8,763,959,184.96 RMB in 2023 [2] Decision-Making Process - The profit distribution plan was approved during the 16th meeting of the 8th Board of Directors held on March 27, 2025 [3] - The plan aligns with the company's profit distribution policy and previously disclosed shareholder return plans [3]

招商证券股份有限公司 2024 可持续发展报告 中国广东省深圳市福田街道 福华一路111号招商证券大厦 邮编: 518046 如需进一步了解，请致电: 0755-82943666 全国统一客服热线:95565 招商证券官方网站：www.cmschina.com 目 录 CONTENTS | 关于本报告 | 01 | 13 可持续发展治理 01 | | --- | --- | --- | | 董事会声明 | 03 | | | | | 15 1.1 利益相关方识别与沟通 | | 走进招商证券 | 05 | 1.2 重要性议题识别与分析 17 | | 公司概况 | 07 | 1.3 可持续发展治理体系 23 | | 主要业务及服务内容 | 09 | 25 1.4 可持续发展战略 | | 年度关键绩效 | 10 | 1.5 管理ESG风险和机遇 30 | | 奖项及荣誉 | 11 | | | 2.1 数字金融赋能 | 39 | | --- | --- | | 2.2 数据与隐私保护 | 43 | | 2.3 保障客户权益 | 46 | | 2.4 助力国民投教 | 51 | | 附录 | | | | | | | | ...

招商证券股份有限公司董事会审计委员会 对会计师事务所2024年度履行监督职责情况的报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理 准则》以及财政部、国务院国有资产监督管理委员会、中国证券监督管理委员会 《国有企业、上市公司选聘会计师事务所管理办法》等规定和要求，招商证券股 份有限公司（以下简称"公司"）董事会审计委员会本着勤勉尽责的原则，恪尽 职守，认真履职。现将董事会审计委员会对会计师事务所 2024 年度履行监督职 责情况报告如下： 一、2024 年度会计师事务所基本情况 1. 毕马威华振会计师事务所（特殊普通合伙）（以下简称"毕马威华振"） 毕马威华振会计师事务所于 1992 年 8 月 18 日在北京成立，于 2012 年 7 月 5 日获财政部批准转制为特殊普通合伙的合伙制企业，更名为毕马威华振会计师 事务所（特殊普通合伙），2012 年 7 月 10 日取得工商营业执照，并于 2012 年 8 月 1 日正式运营。 毕马威华振总所位于北京，注册地址为北京市东城区东长安街 1 号东方广 场东 2 座办公楼 8 层。毕马威华振的首席合伙人邹俊，中国国籍，具有中国注册 会计师资 ...

关于招商证券股份有限公司 KPMG Huazhen LLP 8th Floor, KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing 100738 China Telephone +86 (10) 8508 5000 Fax +86 (10) 8518 5111 Internet kpmg.com/cn 毕马威华振会计师事务所 (特殊普通合伙) 中国北京 东长安街 1 号 东方广场毕马威大楼 8 层 邮政编码:100738 电话 +86 (10) 8508 5000 传真 +86 (10) 8518 5111 网址 kpmg.com/cn 关于招商证券股份有限公司 控股股东及其他关联方资金占用情况的专项说明 毕马威华振专字第 2500871 号 招商证券股份有限公司董事会： 招商证券股份有限公司 关于招商证券股份有限公司 控股股东及其他关联方资金占用情况的专项说明 2024年12月31日止年度 关于招商证券股份有限公司 控股股东及其他关联方资金占用情况的专项说明(续) 我们接受委托，按照中国注册会计师审计准则审计了招商证券股份有限公司（以下简称"招 ...

证券代码：600999 证券简称： 招商证券 编号： 2025－011 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 监事会会议召开情况 招商证券股份有限公司（以下简称公司）第八届监事会第十一次会议通知于 2025 年 3 月 14 日以电子邮件方式发出，会议于 2025 年 3 月 27 日以现场结合通 讯方式在广东省深圳市召开。 本次会议由监事会召集人朱立伟先生召集并主持，应出席监事 6 人，实际出 席 6 人，其中朱立伟、孙献、马蕴春、彭陆强监事通讯参会。公司副总裁（财务 负责人）、董事会秘书刘杰先生、证券事务代表张欢欢女士列席会议。 二、 监事会会议审议情况 经审议，会议通过以下决议： （一）审议通过《公司 2024 年年度报告》 招商证券股份有限公司 第八届监事会第十一次会议决议公告 2、公司 2024 年年度报告的内容和格式符合中国证监会、上海证券交易所、 1 香港联合交易所的各项规定，所包含的信息能够从各个方面真实地反映出公司当 年度的经营管理和财务状况等事项； 3、未发现参与报告编制和审议的人员有违反保 ...

招商证券股份有限公司（以下简称公司）第八届董事会第十六次会议通知于 2025 年 3 月 13 日以电子邮件方式发出。会议于 2025 年 3 月 27 日在广东省深圳 市以现场结合通讯方式召开。 本次会议由霍达董事长召集并主持，应出席董事 15 人，实际出席董事 15 人（其中：以通讯方式出席会议的董事 6 人）。公司全体监事和部分高级管理人 员列席了会议。 本次会议的召集、召开及表决程序符合有关法律、行政法规、部门规章、规 范性文件和《公司章程》的规定。 二、 董事会会议审议情况 证券代码：600999 证券简称： 招商证券 编号： 2025－010 招商证券股份有限公司 第八届董事会第十六次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 董事会会议召开情况 （一）关于公司 2024 年度董事会工作报告的议案 议案表决情况：同意 15 票，反对 0 票，弃权 0 票。 本议案尚需提交公司股东大会审议。 （二）关于公司董事会审计委员会 2024 年度履职情况报告的议案 议案表决情况：同意 15 票，反对 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company achieved a total operating revenue of RMB 20.891 billion, with a net profit attributable to shareholders reaching RMB 10.386 billion[16]. - The company achieved a significant increase in annual revenue and profit, with net profit surpassing 10 billion yuan, marking the best performance in nearly three years[24]. - Total revenue for 2024 reached RMB 30,622,282, an increase of 2.00% compared to RMB 30,020,438 in 2023[84]. - Net profit attributable to shareholders for 2024 was RMB 10,385,872, reflecting an 18.51% increase from RMB 8,763,960 in 2023[84]. - Basic earnings per share for 2024 were RMB 1.13, a 20.21% increase from RMB 0.94 in 2023[85]. - The pre-tax profit reached RMB 11.22 billion, representing a year-on-year growth of 20.70%[165]. - The annual profit attributable to shareholders was RMB 10.39 billion, up 18.51% compared to the previous year[165]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.77 per 10 shares, amounting to a total profit distribution of approximately RMB 3.279 billion based on the total share count of 8,696,526,806 shares[8][9]. - The company's profit attributable to shareholders for the year was RMB 10.39 billion, with dividends declared amounting to RMB 3.07 billion[195]. Strategic Initiatives - The company has initiated a new five-year strategic plan aimed at sustainable growth and innovation in response to market opportunities[16]. - The company is committed to advancing its new five-year strategic plan, focusing on technology finance, green finance, inclusive finance, pension finance, and digital finance[28]. - The company is actively pursuing digital transformation, particularly in building an "AI securities company" to enhance operational efficiency[20]. - The company is focused on high-quality development and reform, aligning with national economic policies to enhance market confidence and operational efficiency[16]. Risk Management and Compliance - The company is committed to risk management and compliance, addressing potential regulatory changes that may impact its business strategies[12][13]. - The company maintained a strong risk management framework, with no new default losses reported throughout the year[27]. - The company emphasizes the importance of party building and corporate culture in driving its operational strategies and employee behavior[17]. - The company maintains a robust risk management culture, continuously enhancing its risk prediction and response capabilities to ensure long-term stable development[164]. Market Position and Growth - The company aims to solidify its position as a leading investment bank in China, with a clear vision for the future[24]. - The company has successfully navigated market volatility, resulting in continuous improvement in quality and efficiency of operations[16]. - The company has made significant progress in investment banking, with key indicators showing comprehensive service capability improvements[16]. - The company’s wealth management indicators ranked among the top five in the industry, demonstrating strong performance in financial market investments[16]. - The company’s wealth management and institutional business generated RMB 16.349 billion in revenue, accounting for 53.39% of total operating income[98]. Business Qualifications and Expansion - The company has obtained various business qualifications, including stock option trading rights from Shenzhen Stock Exchange in December 2019 and foreign exchange settlement business from the State Administration of Foreign Exchange in August 2019[14]. - The company has expanded its business qualifications significantly since its inception, reflecting a strategic focus on diversifying its financial services[58][65]. - The company is actively pursuing market expansion through new business qualifications and services[45]. - The company has established qualifications for conducting gold spot contract proprietary trading in March 2015, indicating its diversification into precious metals trading[35]. Client Engagement and Digital Transformation - The number of active trading clients reached approximately 19.298 million, an increase of 8.68% year-on-year, with total client assets under custody amounting to RMB 4.27 trillion, up 14.78%[101]. - The company’s digital transformation efforts have led to a notable increase in user engagement, with the 招商证券 APP ranking fifth among securities companies in terms of monthly active users[101]. - The company plans to enhance its wealth management transformation by strengthening product capabilities and improving digital service levels in 2025[112]. Financial Health and Assets - The net capital increased to CNY 87,411,626,102.24, up from CNY 79,370,429,988.47, representing a growth of approximately 10.5%[44]. - Total assets as of the end of 2024 amounted to RMB 721,160,331, a 3.64% increase from RMB 695,852,992 at the end of 2023[84]. - The company's equity attributable to shareholders increased to RMB 130.18 billion, a growth of RMB 8.22 billion or 6.74% from the previous year[195]. - The company's asset-liability ratio, excluding accounts payable to brokerage clients, was 77.13%, a decrease of 1.76 percentage points from the end of 2023[193]. Market Trends and Industry Position - The global M&A market announced 52,700 transactions with a total value of $3.33 trillion, a year-on-year increase of 16.03%[116]. - In China, the M&A market (excluding overseas acquisitions) reported 8,612 transactions valued at RMB 2.14 trillion, a year-on-year increase of 7.03%[116]. - The company ranked 7th in A-share underwriting amount with RMB 91.26 billion from 10 projects, while the IPO underwriting amount ranked 8th, an increase of 4 places year-on-year[118]. - The company’s domestic bond underwriting amount reached RMB 4,265.24 billion, a year-on-year increase of 30.91%[125].

公司不触及《上海证券交易所股票上市规则（2024 年 4 月修订）》（以 下简称《股票上市规则》）第 9.8.1 条第一款第（八）项规定的可能被实施其他 风险警示的情形。 证券代码：600999 证券简称： 招商证券 编号： 2025－012 招商证券股份有限公司 2024年年度利润分配方案公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 每股分配比例：每股派发现金红利 0.377 元（含税）。 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日 期将在权益分派实施公告中明确。在实施权益分派的股权登记日前招商证券股份 有限公司（以下简称公司）总股本发生变动的，拟维持分配总额不变，相应调整 每股分配比例，并将在相关公告中披露。 一、 利润分配方案内容 （一）利润分配方案的具体内容 截至 2024 年 12 月 31 日，公司母公司报表中期末未分配利润为人民币 27,524,486,995.59 元。经董事会决议，公司 2024 年年度拟以实施权益分派股 权登记日登记的总股本为基数分配利润。本次利润 ...