2022-03-30 16:00Financial Performance - As of the end of 2021, the total assets of the company reached RMB 452.8 billion, and the net assets attributable to shareholders increased by 18% to RMB 79.8 billion[4]. - The company achieved an operating income of RMB 29.9 billion in 2021, representing a growth of 28%, while the net profit attributable to shareholders was RMB 10.2 billion, up 8%[4]. - The company's total revenue for 2021 was approximately CNY 29.87 billion, representing a year-over-year increase of 27.93% compared to CNY 23.35 billion in 2020[45]. - The net profit attributable to shareholders for 2021 was approximately CNY 10.24 billion, an increase of 7.67% from CNY 9.51 billion in 2020[45]. - The total assets of the company at the end of 2021 were approximately CNY 452.79 billion, reflecting a 21.97% increase from CNY 371.23 billion at the end of 2020[45]. - The total liabilities at the end of 2021 were approximately CNY 372.79 billion, which is a 22.97% increase from CNY 303.16 billion at the end of 2020[45]. - The basic earnings per share for 2021 was CNY 1.25, up 4.17% from CNY 1.20 in 2020[46]. - The weighted average return on equity for 2021 was 15.80%, down 2.38 percentage points from 18.18% in 2020[46]. Business Segments and Growth - The wealth management business saw significant growth, with a steady increase in market share and a notable rise in the average monthly active users of the "Dragonfly Point Gold" app[5]. - The investment banking segment generated operating income of RMB 5.53 billion, a decrease of 5.39% year-on-year[64]. - The wealth management segment achieved operating income of RMB 6.38 billion, marking a year-on-year growth of 17.36%[64]. - The company completed 100 equity financing projects in 2021, with a total underwriting amount of RMB 139.28 billion, ranking second in the industry[65]. - The company was involved in 2,467 bond underwriting projects in 2021, with a total underwriting scale of RMB 1,529.37 billion, maintaining a top position in the industry for seven consecutive years[69]. - The company aims to enhance its equity financing business in 2022 by supporting strategic emerging industries and improving project quality control[68]. Digital Transformation and Technology - The company is advancing digital transformation, leveraging technologies such as cloud computing, big data, artificial intelligence, and blockchain to enhance operational efficiency[7]. - The company emphasizes continuous digital transformation, integrating AI, big data, and blockchain technologies into its business operations[116]. Risk Management and Compliance - The company has a robust risk management and compliance system, being one of the first six pilot enterprises for consolidated supervision in the domestic securities industry[117]. - The company emphasizes the importance of compliance and risk management, continuously improving its systems and expanding its compliance personnel[151]. - The company has established a risk management committee under the board to oversee overall risk and ensure effective risk management related to business activities[158]. - The company has implemented a pre-risk control mechanism, setting specific risk limits and control standards for major business lines[161]. Corporate Governance - The company has established a comprehensive corporate governance structure, including a board of directors, supervisory board, and executive committee, ensuring clear responsibilities and compliance with regulations[179]. - The company has maintained a stable governance structure with no significant changes in the board composition[185]. - The company has established a compensation and nomination committee to oversee the remuneration policies for its directors and senior management[198]. Awards and Recognition - The company received various awards in 2021, including recognition as an outstanding bond underwriter and for excellence in investor education[53]. - The company was recognized as the Best A-share Underwriter and Best A-share IPO Underwriter in the 2021 Wind Awards[58]. - The company achieved significant recognition in the 2021 New Fortune Best Analyst Awards, ranking 1st in the Communication sector[59]. Future Outlook and Strategy - The company plans to expand its international business to accommodate the needs of current and future developments, including the return of Chinese concept stocks and cross-border acquisitions[68]. - The company aims to enhance customer service capabilities and improve service quality while focusing on risk management and digital transformation[146]. - The company is focusing on expanding its investment in hard technology, integrated circuits, and biopharmaceuticals, aiming to enhance its market position[110].