Financial Performance - The company's operating revenue for the first half of 2015 reached ¥4,021,557,653.76, representing a 271.40% increase compared to ¥1,082,820,354.90 in the same period last year[18]. - The net profit attributable to shareholders was ¥1,829,376,943.09, a significant increase of 451.49% from ¥331,717,288.11 in the previous year[18]. - The net cash flow from operating activities surged to ¥4,332,925,420.29, marking an increase of 15,860.89% compared to ¥27,147,148.36 in the same period last year[18]. - The total profit for the same period was RMB 237,772,000, reflecting a year-on-year growth of 441.62%[28]. - The operating profit for the first half of 2015 was RMB 2.37 billion, reflecting a 450.34% increase year-on-year[61]. - The total operating income for the first half of 2015 reached RMB 4.02 billion, a 271.40% increase compared to the same period in 2014[60]. - The net profit for the first half of 2015 was RMB 1.71 billion, a substantial rise from RMB 300.34 million in 2014, indicating a growth of 469%[170]. - The company's total comprehensive income for the first half of 2015 was RMB 1.78 billion, significantly higher than RMB 381.52 million in the same period of 2014, indicating an increase of 366%[170]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥81,194,091,314.90, up 134.29% from ¥34,655,899,160.96 at the end of the previous year[18]. - The total liabilities increased to ¥70,608,892,218.81, reflecting a 173.34% rise from ¥25,831,799,541.05 at the end of the previous year[18]. - As of June 30, 2015, the total assets of Northeast Securities Co., Ltd. amounted to RMB 81.19 billion, a significant increase from RMB 34.66 billion at the end of 2014, representing an increase of approximately 134%[163]. - The total liabilities increased to RMB 70.61 billion from RMB 25.83 billion, marking a growth of around 173%[163]. - The equity attributable to shareholders rose to RMB 10.45 billion, compared to RMB 8.68 billion, which is an increase of about 20%[163]. Earnings and Dividends - The basic earnings per share rose to ¥0.93, a 447.06% increase from ¥0.17 in the same period last year[18]. - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company’s net profit distribution to shareholders was RMB 117,429,961.92, compared to RMB 78,286,641.28 in the same period last year, indicating an increase of approximately 50%[178]. Cash Flow - The net cash flow from operating activities for the first half of 2015 was RMB 4,653,986,495.42, a significant increase from RMB 337,200,542.70 in the same period of 2014, representing a growth of approximately 1,283%[175]. - The total cash inflow from operating activities reached RMB 19,704,023,290.35, compared to RMB 2,666,689,440.87 in the first half of 2014, indicating a year-over-year increase of about 640%[175]. - The company reported a net cash inflow from financing activities of RMB 16.67 billion, compared to RMB 1.13 billion in the same period of 2014, reflecting a growth of 1,376%[173]. Investment and Revenue Streams - The investment income from trading financial assets and derivatives was RMB 1,676,541,559.40, a substantial increase from RMB 166,237,690.02 in the previous period[21]. - The company's brokerage business revenue increased by 347.93% year-on-year, reaching approximately RMB 1.49 billion, with an operating profit margin of 79.59%[39]. - Investment banking revenue rose by 100.72% year-on-year, totaling RMB 234.66 million, with an operating profit margin of 34.52%[39]. - The proprietary trading business saw a revenue increase of 391.98% year-on-year, amounting to RMB 1.32 billion, with an operating profit margin of 92.10%[39]. - Asset management revenue grew by 282.26% year-on-year, reaching RMB 84.90 million, with an operating profit margin of 78.89%[39]. Market Presence and Expansion - The company established 104 business outlets, covering 39 major cities across 21 provinces, enhancing its market presence[41]. - The company is in the process of establishing five new branches in various provinces, including Guangxi and Jiangxi, as part of its market expansion strategy[140]. - The company operates 23 branches and 85 securities business departments across 39 major cities in China, enhancing its market presence[80]. Compliance and Governance - The company emphasizes compliance and risk management, maintaining asset quality above regulatory standards[80]. - The company maintained an A-level rating in the information disclosure assessment for the third consecutive year[97]. - There were no significant litigation or arbitration matters reported during the period[98]. Shareholder Information - The total number of shares outstanding is 1,957,166,032, with 86.32% being unrestricted shares[153]. - Jilin Yatai Group Co., Ltd. holds 30.71% of shares, totaling 600,973,954 shares, with 529,000,000 shares pledged[154]. - The top ten shareholders do not have any related party relationships or concerted actions as per the regulations[155]. Strategic Initiatives - The company has established a comprehensive financial services platform, integrating securities, funds, futures, and direct investments[75]. - The company has obtained multiple qualifications for securities business, including brokerage, asset management, and financial product sales, enhancing its operational capabilities[191]. - The company signed investment agreements totaling 100 million yuan with three subsidiaries of Anhui Lanbowang Machinery Group, with individual investments of 45 million yuan, 35 million yuan, and 20 million yuan[135].

Financial Performance - The company's operating revenue for Q1 2015 was ¥1,210,132,183.22, representing a 113.54% increase compared to ¥566,697,923.96 in the same period last year[3] - Net profit attributable to shareholders was ¥548,682,537.34, a significant increase of 207.91% from ¥178,198,552.44 year-on-year[3] - The basic earnings per share rose to ¥0.28, up 211.11% from ¥0.09 in the previous year[3] - Total assets at the end of the reporting period reached ¥46,012,850,404.93, marking a 32.77% increase from ¥34,655,899,160.96 at the end of the previous year[3] - The weighted average return on equity increased to 6.06%, up from 2.36% in the previous year, reflecting improved profitability[3] Cash Flow and Liabilities - The net cash flow from operating activities was negative at -¥2,139,961,897.14, worsening by 181.95% compared to -¥758,974,250.02 in the same period last year[3] - The company's short-term financing payable rose significantly by 242.07%, totaling RMB 4,197,790,000.00 compared to RMB 1,227,180,000.00 previously[12] - Other liabilities increased by 198.59%, reaching RMB 6,167,001,040.75 from RMB 2,065,359,148.44 in the last period[12] - The deferred income tax liabilities increased by 36.74%, amounting to RMB 149,635,784.68 compared to RMB 109,431,306.69 previously[12] Shareholder Information - The company reported a total of 117,655 shareholders at the end of the reporting period[7] - The largest shareholder, Jilin Yatai Group, holds 30.71% of the shares, amounting to 600,973,954 shares, with 529,000,000 shares pledged[7] Investment Performance - The net income from commission and fees increased by 110.30%, reaching RMB 647,207,835.66 compared to RMB 307,760,263.42 in the previous period[12] - Investment income surged by 415.21%, amounting to RMB 582,131,940.23, up from RMB 112,988,603.87 in the prior period[12] - The company holds a bond investment with an initial investment of RMB 290,464,602.74, with a current book value of RMB 268,252,250.00, representing 4.44% of total securities investment[26] - The total value of securities held during the reporting period amounted to RMB 6,000,339,113.68, with a profit of RMB 610,254,466.36[28] - The company reported a profit from the sale of securities investments amounting to RMB 305,254,789.12 during the reporting period[28] - The total profit from the company's equity investments during the reporting period was RMB 130,696,894.58[29] - The total value of other securities investments held is RMB 4,316,780,289.64, which constitutes 72.40% of the total securities[28] Regulatory Compliance and Commitments - As of the reporting period, Yatai Group has complied with commitments to avoid competition with Northeast Securities, with no violations reported[20] - Yatai Group has committed to reducing and regulating related party transactions, ensuring fair and legal procedures are followed, with compliance confirmed as of the reporting period[21] - The company has pledged to avoid occupying Northeast Securities' funds, with no violations reported as of the reporting period[22] - Jilin Trust has committed to voluntarily lock up 29.686 million shares for 36 months following the issuance, with compliance confirmed as of the reporting period[23] - Jilin Trust has also committed to avoiding competition with Northeast Securities and ensuring no harm to other shareholders, with compliance confirmed as of the reporting period[24] Future Outlook - The company has forecasted potential significant changes in net profit compared to the previous year, but specific figures are not applicable[25] Communication with Investors - The company has engaged in communication with investors regarding its daily operations and innovative business developments during the reporting period[31]

Financial Performance - The company reported a significant increase in revenue, achieving a total of $1.5 billion for the fiscal year, representing a 15% year-over-year growth[32]. - The company's operating revenue for 2014 was ¥3,090,984,262.41, representing a 74.92% increase compared to ¥1,767,040,160.70 in 2013[38]. - Operating profit increased by 143.74% to ¥1,381,718,231.79 in 2014 from ¥566,875,733.76 in 2013[38]. - The net profit attributable to shareholders reached ¥1,060,025,355.59, a 120.81% increase from ¥480,057,377.95 in the previous year[38]. - Total assets grew by 73.87% to ¥34,655,899,160.96 at the end of 2014, up from ¥19,932,609,164.78 at the end of 2013[38]. - The company's total liabilities increased by 108.47% to ¥25,831,799,541.05 in 2014 from ¥12,391,055,302.35 in 2013[38]. - The net cash flow from operating activities improved significantly to ¥2,327,123,644.17 in 2014, compared to a negative cash flow of ¥-2,370,765,194.43 in 2013, marking a 198.16% change[38]. - The company's total equity attributable to shareholders rose by 16.72% to ¥8,677,276,278.99 at the end of 2014 from ¥7,434,348,032.99 at the end of 2013[38]. - The net profit for 2014 reached ¥1,074,646,103.84, representing a significant increase of 122.42% compared to ¥483,162,701.40 in 2013[41]. - The company's total revenue from investment income increased by 43.46% to ¥887,309,534.38 in 2014 from ¥618,504,603.06 in 2013[41]. Capital and Dividends - The company plans to distribute cash dividends of RMB 0.60 per 10 shares, totaling RMB 117,429,961.92, based on a total share count of 1,957,166,032 shares as of December 31, 2014[5]. - The company's net profit for 2014 was 1,060,025,355.59 RMB, with a total distributable profit of 2,361,472,640.37 RMB[190]. - The cash dividend for 2013 was 0.80 RMB per 10 shares, amounting to 78,286,641.28 RMB, which accounted for 16.31% of the net profit attributable to shareholders[187][190]. - The company has maintained a consistent cash dividend policy, adhering to its established guidelines without any adjustments during the reporting period[184][185]. - The cumulative cash dividends over the last three years accounted for 69.46% of the average net profit during that period[190]. Risk Management - The company emphasizes the importance of risk management, identifying operational, market, credit, liquidity, compliance, and operational risks as key areas of focus[11]. - The company has implemented a comprehensive risk management system to address liquidity risks, successfully issuing short-term financing bonds and subordinated debt[181]. - The company has established a strict credit risk management framework for its bond investment and credit trading businesses, including a tracking credit management system for trading partners[181]. - The company has focused on enhancing its operational risk management through improved internal processes and IT governance[183]. - The company established a dynamic risk control indicator monitoring system centered on net capital, ensuring compliance at all times[149]. Corporate Governance - The annual report has been audited by Lixin Certified Public Accountants, which issued a standard unqualified opinion, ensuring the accuracy of the financial statements[4]. - The board of directors has confirmed the authenticity and completeness of the annual report, with all 13 directors present for the meeting[4]. - The company has established a structured and effective corporate governance framework in compliance with relevant laws and regulations[26]. - The company operates under the supervision of the China Securities Regulatory Commission, ensuring compliance with regulatory standards[8]. - The management team is experienced and well-versed in securities market regulations, contributing to the company's operational efficiency and competitive advantage[119]. Business Operations and Strategy - The company underwent a significant business transformation, changing its main operations from petroleum and petrochemical sales to securities business, with a registered capital increase to CNY 1,010,222,500[22]. - The company holds multiple qualifications for various securities business operations, including securities brokerage, investment consulting, and asset management[19]. - The company has been authorized to conduct margin trading and securities lending since 2012, expanding its service offerings[20]. - The company’s operational scope now includes a wide range of financial services, reflecting its strategic shift towards comprehensive securities services[21]. - The company is exploring strategic acquisitions to bolster its technology portfolio, with a budget of $300 million allocated for potential deals[32]. Market Presence and Growth - As of the end of 2014, the company had established 23 new securities business offices in major cities including Changchun, Beijing, and Shanghai[22]. - The company has expanded its operational footprint with multiple branch offices across major cities in China, enhancing its service capabilities[27][28]. - The company is expanding its market presence, targeting three new regions, which could potentially increase market share by 5%[32]. - The company reported a significant increase in active users, reaching 10 million, which is a 20% increase compared to the previous year[32]. - The company plans to implement new marketing strategies aimed at increasing brand awareness, with a budget increase of 15% for the upcoming year[32]. Financial Health and Stability - The company's net capital stands at RMB 6,789,648,698.35, reflecting its financial stability and capacity for future investments[14]. - The company's leverage ratio at the end of 2014 was 2.64, which is lower than the industry average[181]. - The company's net assets to liabilities ratio stood at 61.60%, indicating strong financial health and low financial risk[109]. - The liquidity management policy emphasizes matching the scale, structure, and term of funding sources and uses, ensuring that liquidity indicators remain at a safe level[110]. - The company has a strong financing capability, with a comprehensive credit line from multiple commercial banks, allowing for both short-term and long-term financing solutions[111].

Financial Performance - Total assets increased to CNY 29,071,684,402, representing a growth of 45.85% compared to the end of the previous year[3] - Net profit attributable to shareholders reached CNY 270,604,740.93, a significant increase of 97.46% year-on-year[3] - Operating revenue for the period was CNY 763,797,478.67, reflecting a year-on-year growth of 69.93%[3] - Basic earnings per share rose to CNY 0.14, marking a 100% increase compared to the same period last year[3] - The weighted average return on equity was 3.38%, up from 1.51% in the previous year[4] - The company reported a net cash flow from operating activities of CNY 1,954,650,495.14, an increase of 198.86% year-to-date[3] - The company reported a significant increase in tax expenses by 96.70% to ¥196.65 million, reflecting higher income levels[11] Shareholder Information - The total number of shareholders at the end of the reporting period was 92,653[6] - The largest shareholder, Jilin Yatai Group, holds a 30.71% stake, amounting to 600,973,954 shares[7] - The company received a commitment from shareholder Yatai Group to voluntarily lock up 104,156,064 shares for 60 months following the issuance, ensuring no trading or transfer during this period[24] - Yatai Group also committed to avoiding competition with Northeast Securities, ensuring no indirect operations or investments in competing businesses[25] - As of the report date, Yatai Group has complied with all commitments, with no violations reported[27] - Jilin Trust committed to voluntarily lock up 29,686,174 shares for 36 months, with similar restrictions on trading or transfer during this period[28] - Jilin Trust also pledged to avoid competition with Northeast Securities and to inform the company of any potentially competing trust plans[29] Financial Assets and Investments - Cash and cash equivalents increased by 43.67% to ¥8.80 billion due to an increase in customer deposits[11] - Net interest income rose by 94.92% to ¥252.07 million, driven by increased interest income from credit trading[11] - Financial assets measured at fair value increased by 65.53% to ¥6.17 billion, attributed to the growth in fixed income business bonds[11] - The total market value of the bonds held at the end of the reporting period was 1,000,000,000 RMB, with a reported profit of 7,929,216.65 RMB from the 14 Liu Kai Investment bond[32] - The company reported a profit from the sale of securities investments amounting to RMB 378,418,216.96[33] - The company holds equity in other listed companies with a total initial investment of RMB 415,971,144.83, and the period profit from these investments was RMB 58,707,041.34[35] - The company’s investment in Zhongmu Co., Ltd. (stock code: 600195) has a book value of RMB 31,789,086.59, reflecting a profit of RMB 752,028.49 during the reporting period[35] - The company’s investment in Haida Co., Ltd. (stock code: 300320) has a book value of RMB 8,946,198.63, with a profit of RMB 2,367,556.96 reported[35] - The total value of securities held at the end of the period reached RMB 6,166,679,122.12, with a profit of RMB 569,209,698.06 during the reporting period[33] - The total value of other securities investments held at the end of the period was RMB 4,721,416,232.12, representing a 76.56% increase[33] Operational Developments - The company completed the issuance of a short-term financing bond of ¥1.2 billion with a maturity of 88 days and an interest rate of 4.64%[15] - The company established three new branches in Chengdu, Weihai, and Harbin, which are now operational[16] - The company launched multiple asset management plans, including the Northeast Securities Fixed Income Plan with over 73 million shares issued[17][18] - The company received approval to participate in the interbank interest rate swap market, enhancing its trading capabilities[13][14] - The company engaged in discussions with investors regarding internet finance and operational innovations during the reporting period[36] Compliance and Accounting - The company has maintained compliance with commitments regarding related party transactions, ensuring fair and transparent dealings[30] - The company has not reported any violations of commitments by either Yatai Group or Jilin Trust as of the report date[28] - The company has executed new accounting standards affecting long-term equity investments and available-for-sale financial assets, leading to adjustments in financial reporting[37] - The company has re-evaluated its control over invested entities under the new accounting standards, with no changes in the scope of consolidation[40] - The company has established a new "Other Comprehensive Income" reporting category as per the updated accounting guidelines[41] Other Financial Metrics - Non-recurring gains and losses totaled CNY 7,758,999.87 for the year-to-date period[5] - The deferred tax liabilities increased by 360.24% to ¥90.73 million due to the rise in the fair value of financial assets[11] - The report indicates a potential significant change in cumulative net profit compared to the previous year, although specific figures are not disclosed[31]

Financial Performance - The company's operating revenue for the first half of 2014 was CNY 1,082,820,354.90, representing a 14.84% increase compared to the same period last year[21]. - The net profit attributable to shareholders for the same period was CNY 331,717,288.11, which is a 7.81% increase year-on-year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 325,989,529.14, reflecting a 6.39% increase compared to the previous year[21]. - The total profit for the period was CNY 43,900,000, reflecting a year-on-year growth of 19.15%[30]. - The company's total revenue for the first half of 2014 reached RMB 1,082,820,354.90, an increase of 14.9% compared to RMB 942,910,593.47 in the same period of 2013[174]. - The net profit for the first half of 2014 was RMB 300.34 million, a slight increase of 3.8% compared to RMB 289.12 million in the first half of 2013[176]. - The company reported a total profit of RMB 388.60 million, which is an increase of 13.2% from RMB 343.30 million in the previous year[176]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 27,147,148.36, a 103.09% increase from a negative cash flow in the same period last year[21]. - The company reported a net cash inflow from financing activities of RMB 1.13 billion, compared to a net outflow of RMB 159.72 million in the same period last year[179]. - The company achieved a net increase in cash and cash equivalents of RMB 1.08 billion, reversing a decrease of RMB 1.22 billion in the first half of 2013[179]. - The net cash flow from operating activities for the first half of 2014 was RMB 337,200,542.70, a significant improvement compared to a net outflow of RMB 946,910,888.21 in the same period of 2013[181]. - Cash and cash equivalents at the end of the period increased to RMB 7.55 billion, compared to RMB 6.30 billion at the end of the first half of 2013[179]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 24,325,247,815.04, marking a 22.04% increase from the end of the previous year[21]. - The company's total liabilities as of June 30, 2014, were RMB 16,363,047,738.61, compared to RMB 12,391,055,302.35 at the end of 2013, marking an increase of around 32.4%[169]. - The asset-liability ratio, excluding client transaction settlement funds, was 53.63%, indicating a reasonable level of financial risk[68]. - The total liabilities increased to RMB 15,388,789,254.76, up from RMB 11,490,618,522.28, indicating a growth of 34.3%[171]. Shareholder Equity - The net assets attributable to shareholders increased to CNY 7,826,982,104.26, which is a 5.28% rise compared to the previous year-end[21]. - The total equity attributable to shareholders increased to RMB 7,962,200,076.43 by the end of June 2014, compared to RMB 7,541,553,862.43 at the end of the previous year[183]. - The total equity at the beginning of the year was CNY 7,364,914,066.85, which has slightly decreased to CNY 7,359,554,163.78 by the end of the reporting period[185]. Earnings Per Share - Basic earnings per share for the reporting period were CNY 0.17, up 6.25% from CNY 0.16 in the same period last year[21]. - The diluted earnings per share also stood at CNY 0.17, reflecting a similar increase of 6.25%[21]. - The company's earnings per share (EPS) for the first half of 2014 was RMB 0.17, compared to RMB 0.16 in the same period of 2013, reflecting a 6.3% increase[174]. Business Segments and Revenue Sources - The company's brokerage business revenue decreased by 9.56% year-on-year, while the operating profit margin increased by 1.22%[41]. - Investment banking revenue increased by 116.85% year-on-year, with an operating profit margin growth of 16.37%[43]. - The company achieved a 292.96% increase in revenue from credit trading business, with an operating profit margin of 91.89%[43]. - The asset management business revenue declined by 37.52% year-on-year, with a significant drop in operating profit margin by 43.14%[43]. Corporate Governance and Compliance - The company maintained a governance structure that complies with the Company Law and relevant regulations, achieving an "A" rating in the Shenzhen Stock Exchange's 2013 information disclosure assessment[90]. - The company has established a complete compliance management and risk management system to protect the rights of shareholders and stakeholders[90]. - There were no significant litigation or arbitration matters during the reporting period[91]. Leadership and Management Changes - The company appointed Yang Shucai as Chairman of the Board on April 16, 2014, following the election at the first extraordinary general meeting of shareholders in 2014[162]. - The company experienced a leadership transition with the resignation of former Chairman Jiao Zhengzhong on April 16, 2014, due to work arrangements[164]. Future Plans and Developments - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company has initiated preparations for individual stock options business, which is seen as an important innovation[59]. - The company has obtained qualifications for new business areas such as securities lending and RMB interest rate swaps, and is preparing for individual stock options and other trading services[40].

Financial Performance - The company's operating revenue for the first quarter was CNY 566,697,923.96, representing an increase of 8.24% compared to the same period last year[2]. - The net profit attributable to shareholders decreased by 4.25% to CNY 178,198,552.44 compared to CNY 186,112,958.18 in the previous year[2]. - The net cash flow from operating activities showed a significant decline of 70.07%, amounting to CNY -758,974,250.02[2]. - The total assets at the end of the reporting period reached CNY 23,007,244,900.17, reflecting a growth of 15.43% from the end of the previous year[2]. - The net assets attributable to shareholders increased by 3.00% to CNY 7,657,451,502.51[2]. - The basic earnings per share decreased by 4.31% to CNY 0.0910, down from CNY 0.0951 in the previous year[2]. - The weighted average return on equity was 2.36%, a decrease of 0.19% compared to the previous year[2]. Shareholder Information - The company reported a total of 71,573 shareholders at the end of the reporting period[6]. - The top shareholder, Jilin Yatai Group, holds 30.71% of the shares, totaling 300,486,977 shares[6]. Income and Gains - The company recognized non-recurring gains of CNY 2,072,334.83 after tax, with CNY 1,300,175.32 attributable to shareholders[4]. - The net interest income for Q1 2014 was CNY 64,895,394.54, representing a 101.64% increase compared to CNY 32,184,445.39 in Q1 2013[10]. - Investment income decreased by 44.83% to CNY 112,988,603.87 in Q1 2014 from CNY 204,803,509.36 in Q1 2013[10]. - The fair value change income increased by 133.07% to CNY 67,692,030.88 in Q1 2014, up from CNY 29,043,487.56 in Q1 2013[10]. Financial Instruments and Investments - The company issued CNY 1.2 billion in short-term financing notes in Q1 2014, with a maturity of 90 days and an interest rate of 5.60%[12]. - The company established a new asset management plan, "Northeast Securities Fixed Income Rongtongbao No. 6," with a total of 60,000,583.33 shares issued[12]. - The company's settlement reserve increased by 41.70% to CNY 637,586,145.22 as of March 31, 2014, compared to CNY 449,957,521.16 at the end of 2013[10]. - The company’s buyback financial assets rose by 85.58% to CNY 3,187,691,449.81 as of March 31, 2014, from CNY 1,717,704,783.42 at the end of 2013[10]. - The company’s other liabilities surged by 395.14% to CNY 218,758,589.96 as of March 31, 2014, compared to CNY 44,181,320.40 at the end of 2013[10]. Corporate Governance and Management - The company plans to expand its branch network, having opened new branches in Jinan and other locations in early 2014[14]. - The company approved a profit distribution plan, distributing CNY 0.80 per share in cash dividends and doubling the share capital through a bonus issue[16]. - The company appointed Mr. Yang Shucai as the chairman of the board on April 16, 2014, with a term lasting until the end of the eighth board's term[18]. - The company established a new Strategic Planning Department and a Derivatives Brokerage Business Department as of April 8, 2014[18]. Shareholder Commitments - The company and its major shareholders made commitments during the 2012 non-public stock issuance, ensuring compliance with relevant laws and timely disclosure of significant information[19]. - The company received 104,156,064 shares from the non-public issuance, which are voluntarily locked for 60 months starting from September 3, 2012[21]. - The major shareholder, Yatai Group, committed to avoiding competition with the company and ensuring no harm to the company's interests[22]. - Yatai Group also committed to reducing and regulating related party transactions, ensuring fairness and legality in such dealings[22]. - The company and its related parties will not engage in any fund occupation behaviors during Yatai Group's control period[23]. - Jilin Trust acquired 29,686,174 shares in the non-public issuance, which are voluntarily locked for 36 months starting from September 3, 2012[23]. - Jilin Trust has complied with commitments to avoid competition with Northeast Securities, ensuring no violations occurred by the reporting period end[24]. - The company has committed to reducing and regulating related party transactions, adhering to legal and fair trading principles[26]. Securities Investments - The total investment in other securities at the reporting period end was approximately RMB 3.32 billion, with a total profit from sold securities of RMB 73.41 million[28]. - The company holds a 0.72% stake in Haida Co., with an initial investment of RMB 12.71 million and a report period loss of RMB 1.15 million[27]. - The company’s bond investments include a total of RMB 151.07 million in Wancheng Investment, yielding a profit of RMB 733,103.69 during the reporting period[28]. - The total value of the company's securities investments at the end of the reporting period was RMB 4.48 billion, with a profit of RMB 144.60 million[28]. - The company’s total investment in other securities represents 73.72% of its total securities investment portfolio[28]. Investor Relations - The company has engaged in investor communications regarding its 2013 annual report and ongoing business operations[31]. - The company has committed to not harming the legitimate rights of Northeast Securities and its shareholders through related party transactions[26].

Financial Performance - The company reported a total revenue of $X billion for the fiscal year 2013, representing a Y% increase compared to the previous year[30]. - The company's operating revenue for 2013 reached ¥1,767,040,160.70, representing a 47.22% increase compared to ¥1,200,272,711.34 in 2012[33]. - Operating profit surged to ¥566,875,733.76, a remarkable increase of 264.79% from ¥155,396,466.06 in the previous year[33]. - The net profit attributable to shareholders was ¥480,057,377.95, up 218.77% from ¥150,595,137.38 in 2012[33]. - The company achieved operating revenue of 1,767.04 million RMB, a year-on-year increase of 47.22%[54]. - The total profit reached 577.74 million RMB, reflecting a significant year-on-year growth of 221.59%[54]. - The net profit attributable to the parent company was 480.06 million RMB, up 218.77% compared to the previous year[54]. - The company reported a net profit for 2013 of RMB 483,162,701.40, a significant increase of 219.49% compared to RMB 151,230,367.26 in 2012[35]. Dividends and Shareholder Returns - The company plans to distribute cash dividends of 0.80 CNY per 10 shares, totaling approximately 78.29 million CNY, and will also increase capital by issuing 10 additional shares for every 10 shares held[5]. - The cash dividend for 2013 represents 16.31% of the net profit attributable to shareholders, with a total distributable profit of RMB 1,730,070,712.42[185]. - The company maintained a cash dividend policy that ensures at least 20% of the distributable profit is allocated to cash dividends annually, as per its three-year shareholder return plan[177]. - The company’s cash dividend for 2012 was RMB 195,716,603.20, which was 129.96% of the net profit attributable to shareholders for that year[185]. Operational Risks - The company faces various operational risks, including market risk, credit risk, liquidity risk, compliance risk, and operational risk, as detailed in the board report section[12]. - The company is exposed to underwriting and sponsorship business risks, including project shortages and pricing errors that could lead to failed listings[136]. - The company has implemented measures to enhance risk management, including optimizing branch layouts and transitioning towards wealth management[148]. - The company is focusing on diversifying its asset allocation strategies to manage market risks effectively, including the use of VAR models for quantifying market risk[149]. Business Expansion and Strategy - The company has been granted multiple business qualifications, including securities business operation and asset management business qualifications, enhancing its operational capabilities[18]. - The company has expanded its operations with new branches established in multiple cities including Chongqing and Shenzhen in 2013[27]. - The company plans to maintain a top 10 ranking in the national SME share transfer business and establish 2-3 merger funds in 2014[122]. - The company will focus on expanding its asset management business, particularly in structured products, to provide comprehensive financial services to high-end clients[122]. Financial Position - The company's total assets increased by 20.97% to ¥19,932,609,164.78 at the end of 2013, compared to ¥16,477,973,088.76 at the end of 2012[33]. - Total liabilities rose by 33.74% to ¥12,391,055,302.35, up from ¥9,264,822,488.16 in 2012[33]. - The company's total equity attributable to shareholders increased by 3.17% to ¥7,434,348,032.99 from ¥7,205,713,013.25 in 2012[33]. - The asset-liability ratio increased to 62.16%, up from 56.23% in the previous year[40]. Compliance and Governance - The annual financial report has been audited by Lixin Accounting Firm, which issued a standard unqualified audit opinion[4]. - The board of directors held a total of 16 meetings during the reporting period, including 4 regular meetings and 12 temporary meetings[170]. - The board members who missed two consecutive meetings were noted, with specific attendance records provided[170]. - The company has emphasized the importance of compliance culture, ensuring that compliance is a shared responsibility among all employees[158]. Investment Activities - The company completed a non-public offering of 339,270,568 shares in 2012, increasing its registered capital to RMB 978,583,016[23]. - The company reported a significant increase in customer transaction settlement funds, amounting to RMB 6,177,592,512.55[88]. - The company’s investment activities saw a cash inflow of CNY 2,581,904,226.18, a significant increase of 6199.86% compared to the previous year[60]. - The company completed 6 merger projects in 2013, compensating for a 31.99% decrease in revenue from traditional sponsorship business, which generated CNY 143.38 million[71]. Technology and Innovation - The company is investing $D million in R&D for new technologies aimed at enhancing user experience[30]. - The company is committed to leveraging technology to support business innovation and improve operational management quality[125]. - The company launched innovative products including cash treasure products and bond-type graded products, enhancing its asset management business[75]. Legal and Regulatory Matters - The company has not faced any major litigation or arbitration issues during the reporting period[190]. - The company has incurred a bad debt provision of RMB 8,250,611.40 due to the inability to execute claims against Jiangsu Dongheng International Group Co., Ltd.[193]. - The company successfully obtained a court ruling for the return of unjust enrichment amounting to RMB 16,599,124.01 from Xinhua Securities Co., Ltd.[194].