Financial Performance - Total operating revenue for Q1 2022 was ¥843,439,055.60, a decrease of 57.10% compared to ¥1,966,019,980.38 in the same period last year[3] - Net profit attributable to shareholders was ¥46,844,151.38, down 93.32% from ¥701,424,884.14 year-on-year[3] - Net profit excluding non-recurring gains and losses was ¥32,570,489.85, a decline of 95.29% from ¥691,365,563.32 in the previous year[3] - Net profit for Q1 2022 was CNY 49,776,782.08, down 92.9% from CNY 700,325,664.47 in Q1 2021[14] - The company reported a decrease in comprehensive income total to CNY 15,576,003.71, compared to CNY 630,921,532.60 in Q1 2021[14] - The total operating expenses for Q1 2022 were CNY 835,984,335.79, down 19.0% from CNY 1,032,508,164.73 in the previous year[13] Cash Flow - Net cash flow from operating activities increased by 340.66% to ¥5,033,522,668.00 from ¥1,142,256,798.93 in the same period last year[3] - The net cash flow from operating activities was CNY 5,033,522,668.00, a decrease from CNY 1,142,256,798.93 in the previous period[16] - Total cash outflow from operating activities amounted to CNY 9,173,665,953.37, compared to CNY 12,097,859,853.06 previously[16] - The net cash flow from investing activities was CNY -302,963,531.37, a decline from CNY -99,063,425.40 in the prior period[16] - Cash inflow from financing activities totaled CNY 7,333,800,000.00, down from CNY 8,083,882,592.00 in the previous period[16] - The net cash flow from financing activities was CNY -389,637,437.64, compared to an increase of CNY 3,955,154,300.61 previously[16] - The cash flow from operating activities showed a significant decrease, indicating potential challenges in operational efficiency[16] - The company’s cash and cash equivalents increased by CNY 4,332,165,412.30 during the period, reflecting a positive cash management strategy despite operational challenges[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥170,067,804,735.34, reflecting a 6.52% increase from ¥159,665,458,593.41 at the end of the previous year[3] - The total assets at the end of the reporting period amounted to 170,067,804,735.34 RMB, an increase from 159,665,458,593.41 RMB at the beginning of the year[12] - The total liabilities at the end of the reporting period were 139,077,516,385.17 RMB, up from 128,690,793,942.10 RMB at the beginning of the year[12] - The company reported a decrease in trading financial assets from 27,862,388,486.68 RMB to 24,524,629,761.12 RMB[12] - The company’s total equity at the end of the reporting period was 30,990,288,350.17 RMB[12] Shareholder Information - Total number of common shareholders at the end of the reporting period was 174,715[9] - New Li Yi Group Limited held 14.89% of shares, totaling 823,332,320 shares, with 285,449,000 shares pledged[9] - Hubei Energy Group Co., Ltd. held 9.58% of shares, totaling 529,609,894 shares[10] Investment Income - The company reported a significant decrease in investment income, which fell by 90.94% to ¥55,718,018.92 from ¥615,121,344.09 year-on-year[7] - The company reported a significant decline in investment income, which fell to CNY 55,718,018.92 from CNY 615,121,344.09, a decrease of 90.9%[13] Interest Income - The net interest income for the period was ¥477,635,356.27, an increase of 43.01% compared to ¥333,976,450.38 in the same period last year[7] - Net interest income increased to CNY 477,635,356.27, up 42.9% from CNY 333,976,450.38 year-over-year[13] Equity and Earnings - The weighted average return on equity decreased to 0.16%, down 2.31 percentage points from 2.47% in the previous year[3] - The total equity attributable to shareholders of the parent company was CNY 30,876,058,800.08, a slight increase from CNY 30,862,925,894.11 at the beginning of the year[13] - The basic earnings per share for Q1 2022 was CNY 0.01, down from CNY 0.13 in the same period last year[14]

Financial Performance - Total operating revenue for 2021 was ¥8,623,165,139.08, an increase of 10.78% compared to 2020[37]. - Net profit attributable to shareholders for 2021 was ¥2,409,539,473.91, representing a 15.54% increase from the previous year[37]. - Net profit after deducting non-recurring gains and losses for 2021 was ¥2,353,505,891.83, up 14.99% year-over-year[37]. - The net cash flow from operating activities for 2021 was ¥9,000,930,601.88, a significant increase of 300.07% compared to 2020[37]. - Total assets at the end of 2021 reached ¥159,665,458,593.41, an 18.79% increase from the end of 2020[37]. - Total liabilities at the end of 2021 were ¥128,690,793,942.10, reflecting a 22.38% increase from the previous year[37]. - The weighted average return on net assets for 2021 was 8.34%, an increase of 0.76 percentage points from 2020[37]. - The basic earnings per share for 2021 was ¥0.44, a 15.79% increase compared to ¥0.38 in 2020[37]. - The company reported a total of 247 business departments across various regions[33]. - The net assets attributable to shareholders of the listed company were 30.863 billion yuan, which is a 6.12% increase year-on-year[50]. Capital Structure and Shareholder Information - The company reported a total registered capital of CNY 5,529,467,678 and a net capital of CNY 27,430,744,034.99 as of December 31, 2021[7]. - The profit distribution plan includes a cash dividend of CNY 3.00 per 10 shares, amounting to a total cash dividend of CNY 1,658,985,148.80 based on the total share capital[2]. - The company has a remaining undistributed profit of CNY 3,879,590,652.81 to be carried forward to future years[2]. - The total share capital increased to 5,529,950,496 shares after the conversion of convertible bonds[7]. - The company has no controlling shareholder, indicating a diversified ownership structure[11]. Business Operations and Services - The company underwent a significant business transformation in December 2007, changing its main operations from petrochemical products to securities-related services, including brokerage and asset management[11]. - The company holds multiple business qualifications, including securities brokerage, investment consulting, and underwriting, all approved by the China Securities Regulatory Commission (CSRC)[12]. - The company is actively involved in various financial services, including securities investment fund management and private equity fund management, reflecting its broad market engagement[16]. - The company has established qualifications for participating in the North Exchange, expanding its market reach[17]. - The company is authorized to conduct various financial activities, including futures brokerage and financial consulting, showcasing its comprehensive service offerings[15]. Risk Management and Compliance - The company has detailed risk factors described in the report, which investors are advised to review[6]. - The company maintains a robust regulatory compliance framework, with all business qualifications approved by relevant authorities, ensuring operational integrity[12]. - The company has established a comprehensive risk management system in place, ensuring all types of risks are measurable, controllable, and bearable[198]. - The company’s risk management culture promotes proactive risk management and emphasizes that "everyone is a risk officer"[198]. - The company has implemented a risk response mechanism that includes strategies for risk avoidance, reduction, transfer, and acceptance[199]. Organizational Structure and Governance - The company has established a comprehensive organizational structure to support its operations, including various departments focused on different financial services[22]. - The company has a total of 32 branches across various provinces, including 2 in Hubei, Guangdong, and Liaoning each, and 1 in Beijing[25]. - The company has a total of 279 branches across 158 cities in 31 provinces, with 247 of them being securities business departments[32]. - The company has established a performance management system for senior management, with bonuses based on annual performance evaluations[156]. - The company has maintained an independent governance structure, ensuring no significant differences from the Company Law and relevant regulations from the China Securities Regulatory Commission[132]. Future Outlook and Strategic Initiatives - The company plans to enhance its comprehensive financial services by focusing on investment management, wealth management, and corporate services[49]. - The company’s future outlook includes further market expansion and potential mergers and acquisitions[29]. - The company is committed to digital transformation and enhancing operational efficiency to support high-quality business development[111]. - The company plans to strengthen its capital management and utilize various financing tools to support business development and ensure the successful execution of its operational plans in 2022[113]. - The company aims to enhance its risk management and internal control processes to ensure comprehensive risk coverage, addressing market, credit, liquidity, operational, compliance, and reputational risks[114]. Employee and Management Information - The total number of employees in the company is 6,649, with 5,774 in the parent company and 875 in major subsidiaries[167]. - The salary structure is based on a total control management model, linking total salary to the previous year's overall business performance[169]. - The company emphasizes employee welfare, providing five insurances and one fund, as well as supplementary medical insurance[169]. - The training program for 2022 aims to enhance employee growth and development across four dimensions: talent, business, party affairs, and culture[170]. - The company has established a comprehensive management system for securities brokers to ensure compliance and protect investor rights[171].

Financial Performance - Total revenue for the third quarter was ¥2,383,706,367.17, a decrease of 7.33% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥774,777,444.18, down 21.74% year-on-year[4]. - Net profit excluding non-recurring gains and losses was ¥773,332,097.18, a decrease of 21.55% compared to the previous year[4]. - The total profit for the current period is CNY 2,913,925,133.06, an increase of 11.96% compared to CNY 2,602,484,096.61 in the previous period[16]. - Net profit attributable to shareholders of the parent company is CNY 2,199,197,039.13, up from CNY 1,931,673,245.77, reflecting a growth of 13.84%[16]. - The net profit for the first nine months of 2021 was ¥2.91 billion, compared to ¥2.61 billion in the same period of 2020, showing an increase of about 11.5%[15]. Cash Flow and Liquidity - Cash flow from operating activities showed a significant increase, reaching ¥9,190,197,776.15, up 332.74% year-on-year[4]. - The net cash flow from operating activities is CNY 9,190,197,776.15, a significant recovery from a negative cash flow of CNY -3,948,718,790.94 in the previous period[18]. - The company reported a net increase in cash and cash equivalents of CNY 12,360,677,004.24, compared to CNY 4,344,305,467.76 in the previous period[19]. - The company's cash and cash equivalents amounted to ¥45.22 billion as of September 30, 2021, compared to ¥34.51 billion at the end of 2020, marking an increase of about 31.5%[12]. Assets and Liabilities - Total assets at the end of the reporting period were ¥163,561,364,943.93, an increase of 21.69% from the end of the previous year[4]. - The total liabilities as of September 30, 2021, were ¥132.94 billion, up from ¥105.16 billion at the end of 2020, which is an increase of approximately 26.5%[13]. - The company's total liabilities increased significantly, with other liabilities rising by 974.71% to 5,970,818,571.74 RMB, mainly due to increased payments to other participants in structured entities[8]. - Total liabilities rose from ¥105,156,204,422.99 to ¥105,586,494,944.61, an increase of ¥430,290,521.62[24]. Shareholder Equity - Shareholders' equity attributable to the parent company was ¥30,477,297,277.02, up 4.79% from the previous year[4]. - The company's total equity reached ¥30.62 billion as of September 30, 2021, compared to ¥29.25 billion at the end of 2020, representing a growth of approximately 4.7%[14]. - The company’s total equity attributable to shareholders decreased by ¥179,680.19 from ¥29,083,435,536.33 to ¥29,083,255,856.14[24]. Investment and Other Income - Investment income for the period was ¥1,237,658,596.22, reflecting normal business operations[6]. - The investment income for the first nine months of 2021 was ¥1.36 billion, down from ¥1.68 billion in the same period of 2020, indicating a decrease of about 19.4%[15]. - The company's other business income surged by 338.79% to 306,243,262.43 RMB, driven by increased sales revenue from subsidiaries[8]. Changes in Financial Standards - New lease accounting standards impacted the recognition of lease liabilities, which amounted to 435,308,732.97 RMB[8]. - The company has implemented a new leasing standard starting January 1, 2021, which requires adjustments to the financial statements[20].

Financial Performance - Total operating revenue for the first half of 2021 reached ¥4,264,355,556.07, an increase of 28.10% compared to ¥3,328,954,295.56 in the same period last year[11]. - Net profit attributable to shareholders was ¥1,424,419,594.95, representing a growth of 51.27% from ¥941,625,419.82 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was ¥1,379,922,749.53, up 51.36% from ¥911,674,781.24 in the previous year[11]. - Basic earnings per share increased to ¥0.26, a rise of 52.94% from ¥0.17 in the same period last year[11]. - The total operating revenue for the reporting period was 4.26 billion yuan, an increase of 9.35 billion yuan year-on-year, representing a growth of 28.10%[41]. - The net profit margin for the first half of 2021 was impacted by a significant loss in certain regions, with Jiangxi province showing a loss of CNY 1,606,685.03, a decrease of 537.66% year-on-year[55]. - The company reported a total profit of RMB 1,891,628,458.16, up from RMB 1,515,582,446.23 in the first half of 2020[137]. - The company’s total comprehensive income for the first half of 2021 is approximately RMB 1.42 billion[140]. Assets and Liabilities - The total assets increased by 19.13% to ¥160,128,110,089.11 from ¥134,409,613,584.04 at the end of the previous year[11]. - The total liabilities rose by 23.86% to ¥130,242,915,681.60 compared to ¥105,156,204,422.99 at the end of the previous year[11]. - The total assets at the end of the reporting period amounted to CNY 160,000,000,000, with cash and cash equivalents accounting for 23.99% of total assets[57]. - The company reported a debt-to-asset ratio of 75.59% after excluding client funds, an increase of 4.47 percentage points from the previous year[58]. - The total liabilities amounted to CNY 130.243 billion, increasing by CNY 25.087 billion or 23.86% year-on-year[58]. Cash Flow - The net cash flow from operating activities was negative at -¥1,302,829,678.70, a decline of 196.65% compared to ¥1,348,000,373.64 in the previous year[11]. - The total cash flow from financing activities increased by 177.27% to CNY 5,417,939,189.90, driven by net fundraising from bond issuance and income certificates[40]. - The net cash flow from financing activities was 5.42 billion yuan, an increase of 177.27% year-on-year, attributed to increased fundraising through bond issuance[47]. - The cash flow from the issuance of bonds was 18,069,492,592.00 RMB, slightly down from 18,089,358,000.00 RMB in the first half of 2020[138]. Market Position and Growth - The number of customers exceeded 7.4 million, indicating a continuous growth in the customer base[21]. - The company's market share in stock trading volume was 1.75% during the reporting period[21]. - The company achieved a market ranking of 7th in IPO underwriting with a total underwriting amount of CNY 5.298 billion during the reporting period[34]. - The company plans to enhance its market expansion strategies and product development to address the regional performance disparities noted in the report[55]. Investment and Underwriting - The company completed 11 IPO underwriting projects, with an underwriting amount of ¥5,297,537.00, a significant increase from ¥845,776.20 in the same period last year[24]. - The net income from the company's underwriting business reached ¥446,662.80, compared to ¥228,741.40 in the previous year, marking a growth of 95.73%[26]. - The company launched 82 new products with a total issuance scale of ¥14,723,000,000 during the reporting period[28]. - The company’s bond underwriting business included 28 bonds with a total scale of ¥15.498 billion, ranking 13th in the industry[27]. Risk Management - The report includes a detailed description of risk factors faced by the company and corresponding countermeasures[2]. - The company emphasizes the importance of effective risk management and internal controls to ensure sustainable development, addressing various risks including market, credit, and liquidity risks[72]. - The company implemented multiple measures to strengthen credit risk management, including optimizing the customer credit rating system and enhancing the risk monitoring process[76]. - The company has established a long-term risk management mechanism for new business ventures to effectively control various risks[72]. Corporate Governance and Compliance - The company did not face any major administrative penalties related to compliance risks during the reporting period[79]. - The company has not engaged in any major non-operating fund occupation by controlling shareholders or related parties during the reporting period[97]. - The company has not faced any administrative penalties or criminal investigations involving its current directors, supervisors, or senior management during the reporting period[99]. - The company has established a special working leadership group to support rural revitalization efforts, focusing on compliance, integrity, professionalism, and stability[87]. Community and Social Responsibility - The company has made progress in rural revitalization, leveraging its financial platform to assist underdeveloped regions in capital market financing[88]. - The company successfully underwrote 2 billion RMB in poverty alleviation bonds and helped issue 1 billion RMB in urban investment bonds, with 800 million RMB directed towards the "Binhai New District" project in Hubei[89]. - The company has committed to ongoing charitable activities, including educational support initiatives, to improve rural conditions and enhance community welfare[93]. - The company has been recognized as an "Advanced Collective in Poverty Alleviation" by the Hubei provincial government for its outstanding performance in poverty alleviation efforts[91]. Future Outlook - Future guidance indicates a projected revenue growth rate of 10% for the next fiscal year, driven by increased demand and market expansion strategies[1]. - The company plans to enhance its investment banking services and expand its asset management business in the upcoming quarters[137]. - The company aims to improve operational efficiency, targeting a reduction in costs by 5% over the next year[1]. - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings in the coming quarters[145].

Financial Performance - Total operating revenue for 2020 was CNY 7,784,121,537.42, an increase of 10.68% compared to 2019[36] - Net profit attributable to shareholders for 2020 was CNY 2,085,377,418.25, representing a growth of 25.19% year-over-year[36] - The net profit after deducting non-recurring gains and losses was CNY 2,046,696,136.97, up 26.96% from the previous year[36] - Total assets as of the end of 2020 reached CNY 134,409,613,584.04, a 22.92% increase from 2019[36] - Total liabilities increased by 29.52% year-over-year, amounting to CNY 105,156,204,422.99[36] - Basic earnings per share for 2020 were CNY 0.38, a rise of 26.67% compared to 2019[36] - The weighted average return on equity was 7.58%, an increase of 1.23 percentage points from the previous year[36] Shareholder Returns - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares, totaling approximately 829.44 million RMB based on the total share capital of 5,529,623,307 shares as of December 31, 2020[2] - The cash dividend total (including other methods) accounted for 100% of the total profit distribution amount[159] - The company has committed to returning 50% of net profits to shareholders over the next three years (2020-2022)[150] - The cash dividend amount (including tax) was ¥829,443,496.05, representing 39.77% of the net profit attributable to ordinary shareholders of the listed company of ¥2,085,377,418.25[158] Business Operations - The company’s main business includes securities brokerage, proprietary trading, underwriting, and asset management, among others[9] - The company operates 279 branches across 158 cities in 31 provinces, with 247 of these being brokerage offices[32] - The company has established a total of 32 subsidiaries across various regions, including 2 in Hubei, 2 in Guangdong, and 2 in Liaoning[25] - The company added qualifications for securities investment fund custody and the ChiNext refinancing business during the reporting period[15] Risk Management - The company has a comprehensive risk management strategy in place to identify, assess, and monitor various types of risks including liquidity, market, credit, and operational risks[26] - The company implemented a comprehensive risk management mechanism to cover various risks, ensuring that overall risk is measurable, controllable, and bearable[134] - The company maintained a proactive approach to credit risk management, implementing a unified credit risk management system and enhancing the credit rating system to monitor and control exposure[137] - The liquidity risk management strategy included unified fund management, optimizing the maturity structure of liabilities, and maintaining a reasonable level of liquidity indicators[139] Compliance and Governance - The financial report has been audited by Zhongshen Zhonghuan Accounting Firm, which issued a standard unqualified opinion[2] - The company has established a comprehensive governance structure, including a board of directors, supervisory board, and specialized committees for strategic development, risk management, audit, and compensation[20] - The company has not faced any major administrative penalties during the reporting period, indicating a strong compliance culture[142] - The company has implemented a reputation risk management system, which includes real-time monitoring of potential reputation risks and has not experienced any significant reputation risk events[142] Investment and Financing - The company completed a non-public offering of 787 million shares, raising a net amount of 8.269 billion RMB in July 2016, increasing its registered capital to 5.529 billion RMB[18] - The company raised a total of RMB 1,089,824.20 million for operational funding, with the entire amount utilized by the end of the reporting period[106] - The company raised long-term operational funds through public issuance of corporate bonds, enhancing its financing capabilities[92] - The total amount raised in 2020 through three phases of bond issuance was RMB 10,898,242,000, with full utilization reported[101] Social Responsibility - The company actively engaged in social responsibility initiatives, donating CNY 10 million to hospitals in Wuhan during the pandemic[53] - The company completed poverty alleviation goals by helping 7 national-level poverty-stricken counties to exit the poverty list[180] - The company has launched over 400 financial poverty alleviation projects in 25 poverty-stricken counties since 2016, with a total financing scale exceeding 9 billion RMB[181] - The company invested CNY 103.31 million in supporting impoverished students, benefiting 4,898 students[185] Future Outlook - The company plans to enhance its investment management, wealth management, and corporate services platforms to strengthen its core competitiveness[125] - The company anticipates continued growth in its investment banking business, supported by over 2,000 companies currently undergoing listing guidance[123] - The wealth management market is expected to maintain a rapid compound growth rate, driven by increasing disposable income and a shift towards equity assets[122] - The company is focusing on improving its risk management system to ensure operational safety and compliance[124]

Financial Performance - Total operating revenue for Q1 2021 was CNY 1,966,019,980.38, representing a 43.91% increase compared to CNY 1,366,108,706.47 in the same period last year[3] - Net profit attributable to shareholders was CNY 701,424,884.14, up 64.53% from CNY 426,313,988.38 year-on-year[3] - Net profit excluding non-recurring gains and losses reached CNY 691,365,563.32, a 61.59% increase from CNY 427,860,826.64 in the previous year[3] - Basic earnings per share increased to CNY 0.13, reflecting a 62.50% rise from CNY 0.08 in the same quarter last year[3] - Total income from other business surged by 1540.74% to ¥64,380,913.44 from ¥3,923,890.08, primarily due to increased revenue from subsidiary trade sales[11] - The company reported a significant increase in brokerage business net income, which reached RMB 925,085,262.36, up from RMB 730,671,324.82, indicating a growth of about 26.5%[24] - Operating profit for the quarter was RMB 933,511,815.65, up from RMB 588,529,016.84, indicating an increase of approximately 58.6%[24] - The company reported a loss of RMB 346.92 million from fair value changes in its securities investments during the reporting period[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 145,205,378,985.46, an 8.03% increase from CNY 134,409,613,584.04 at the end of the previous year[3] - The total assets of the consolidated entity amounted to RMB 145.21 billion, up from RMB 134.41 billion at the end of 2020, indicating an increase of about 8%[23] - The total liabilities of the consolidated entity were RMB 115.32 billion, an increase from RMB 105.16 billion, showing a rise of about 9.8%[23] - The company's financial liabilities decreased by 44.36% to ¥43,922,380.29 from ¥78,937,816.19, reflecting a reduction in payable amounts to structured entities[11] - Total liabilities reached CNY 105,586,494,944.61, reflecting an increase of CNY 430,290,521.62[30] - The total liabilities decreased by CNY 338,292,904.38 compared to the previous period[34] Cash Flow - Net cash flow from operating activities was CNY 1,142,256,798.93, a significant decrease of 75.88% from CNY 4,735,657,259.16 in the same period last year[3] - The company's cash flow from operating activities showed a significant decrease of 75.88% to ¥1,142,256,798.93 from ¥4,735,657,259.16, influenced by changes in customer transaction settlement funds[12] - The total cash inflow from operating activities reached CNY 13,240,116,651.99, compared to CNY 11,789,232,145.84 in the same period last year, indicating an increase of about 12.3%[27] - The cash outflow from operating activities was CNY 12,097,859,853.06, up from CNY 11,140,855,933.88 in Q1 2020, reflecting a rise of approximately 8.6%[27] - The net cash flow from financing activities was CNY 3,955,154,300.61, compared to CNY 2,707,620,273.25 in Q1 2020, marking an increase of approximately 46.2%[27] Shareholder Information - The top shareholder, New Liyi Group Co., Ltd., holds 14.89% of shares, amounting to 823,332,320 shares, with 354,149,000 shares pledged[7] - The total equity attributable to shareholders of the parent company was RMB 29.72 billion, compared to RMB 29.08 billion at the end of 2020, reflecting a growth of approximately 2.2%[23] - Total shareholder equity amounted to CNY 28,117,509,521.28[34] Regulatory and Compliance - The company obtained approval from the China Securities Regulatory Commission to issue bonds totaling up to RMB 15 billion, with the first phase of issuance completed at RMB 4.1 billion at a coupon rate of 3.74%[13] - The company did not have any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[15] - There were no violations regarding external guarantees during the reporting period[20] - The first quarter report was unaudited[35] - The company did not apply the new leasing standards for retrospective adjustment[34] Investment Activities - The company raised RMB 4.1 billion from the public bond issuance, primarily for working capital and repaying maturing debts, with RMB 4.099 billion already utilized[18] - The total initial investment cost of the company's securities investments was approximately RMB 59.92 billion, with a year-end book value of about RMB 59.93 billion[16] - The company’s total financial assets at fair value amounted to approximately RMB 49.33 billion at the end of the reporting period[16]

Financial Performance - Total revenue for the reporting period reached CNY 2.57 billion, a year-on-year increase of 72.64%[3] - Net profit attributable to shareholders increased by 163.33% to CNY 990.05 million for the reporting period[3] - Basic earnings per share rose by 157.14% to CNY 0.18 per share[3] - The weighted average return on equity increased by 2.19 percentage points to 3.60%[3] - Total operating revenue for Q3 2020 reached RMB 2,572,259,470.52, a 21.0% increase from RMB 2,126,621,862.51 in Q3 2019[26] - Net profit attributable to shareholders was RMB 990,047,825.95, up from RMB 375,970,936.62, indicating a substantial growth of 163.0%[26] - The net income attributable to shareholders of the parent company was RMB 1,931,673,245.77, compared to RMB 1,462,709,469.34 in the previous year, reflecting a growth of 32.1%[28] - The company reported a total profit of RMB 2,602,484,096.61, up from RMB 1,877,617,786.08 in the same period last year, indicating an increase of 38.5%[28] Assets and Liabilities - Total assets increased by 22.84% to CNY 134.32 billion compared to the end of the previous year[3] - As of September 30, 2020, the total assets of the company reached approximately CNY 134.32 billion, an increase from CNY 109.34 billion as of December 31, 2019, representing a growth of about 22.9%[24] - The total liabilities of the company were CNY 134.32 billion, compared to CNY 109.34 billion in the previous year, marking an increase of approximately 22.9%[24] - The company's equity attributable to shareholders was CNY 28.94 billion, up from CNY 27.96 billion, representing a growth of about 3.5%[24] - The company's total liabilities and equity amounted to CNY 134.32 billion, consistent with the total assets, indicating a balanced financial position[24] Cash Flow - The company reported a net cash flow from operating activities of CNY -3.95 billion, a decrease of 94.31% compared to the same period last year[3] - The company's cash outflow from operating activities significantly increased by 94.31% to RMB -3,948,718,790.94, indicating higher cash expenditures[11] - The net cash flow from operating activities for the first nine months of 2020 was -3,948,718,790.94 RMB, compared to -4,037,304,885.93 RMB in the same period of 2019, indicating a slight improvement[30] - Total cash inflow from operating activities reached 21,119,412,174.28 RMB, up from 18,668,785,476.95 RMB year-on-year[30] - The cash outflow from operating activities totaled 25,068,130,965.22 RMB, compared to 22,706,090,362.88 RMB in the previous year, reflecting an increase of approximately 10.5%[30] Investments - Investment income from normal business operations was CNY 1.63 billion[4] - The company's other debt investments surged by 115.04% to RMB 12,764,215,906.43, indicating a significant expansion in bond investments[10] - The company’s total investment in financial assets was RMB 51.39 billion, with a year-end book value of RMB 40.75 billion[18] - The company achieved net investment income of RMB 1,684,398,378.85, compared to RMB 1,465,368,625.07 in the previous year, an increase of 14.9%[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 189,008[6] - The top shareholder, New Liyi Group Co., Ltd., holds 14.89% of the shares[6] - Basic earnings per share rose by 34.62% to RMB 0.35, reflecting an increase in net profit[11] Regulatory and Compliance - The company was rated as Class A in the securities company classification regulatory rating for 2020[15] - The company has not undergone an audit for the third quarter report[36] Government Support and Donations - The company received government subsidies amounting to CNY 43.47 million during the reporting period[4] - The company donated RMB 10 million to support the fight against COVID-19 in Wuhan[14] Bond Issuance - The company completed the issuance of corporate bonds totaling RMB 63 billion, with the first two phases raising RMB 40 billion and RMB 23 billion respectively[13] - The company received approval from the China Securities Regulatory Commission to issue bonds totaling up to RMB 15 billion, with the first phase completed within 12 months of approval[14] - The company issued bonds of RMB 30 billion and RMB 42 billion in the first and second phases, with interest rates of 3.53% and 3.99% respectively[15] - The company reported a total of RMB 1.35 billion raised through four phases of bond issuance, with RMB 1.19 billion already utilized for operational funding and debt repayment[19]