2016-08-26 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1.54 RMB per 10 shares, totaling approximately 894.45 million RMB, which represents 39.90% of the net profit attributable to shareholders for the first half of 2016 [2]. - The company distributed a cash dividend of RMB 2.47 per 10 shares, totaling RMB 1,434.6 million, which represents 13.15% of the net profit attributable to the parent company for 2015 [125]. Financial Performance - The company's operating revenue for the first half of 2016 was ¥5,197,797,181.63, a decrease of 67.23% compared to ¥15,863,491,420.23 in the same period last year [23]. - The net profit attributable to shareholders of the parent company was ¥2,241,825,030.22, down 69.35% from ¥7,314,665,463.76 year-on-year [23]. - The net profit for the first half of 2016 was ¥624 billion, a decrease of 59.2% compared to the previous year [35]. - The company's net income from brokerage fees decreased by 66.78% to ¥2.46 billion [33]. - The company's interest income fell by 85.62% to ¥278.64 million [33]. - The company's net profit after deducting non-recurring gains and losses was ¥2,217,691,442.78, down 69.61% from ¥7,297,048,467.96 year-on-year [23]. - The company's operating income for the first half of 2016 was RMB 5.198 billion, a decrease of 67.23% compared to the previous year [38]. - The net profit attributable to shareholders was CNY 2.242 billion, down 69.35% compared to the same period last year [38]. - The company's total profit for the first half of 2016 was CNY 2,844,734,503.51, down 69.54% from CNY 9,331,218,514.93 year-on-year [194]. - The net profit attributable to shareholders was CNY 2,241,825,030.22, a decrease of 69.32% compared to CNY 7,314,665,463.76 in the previous year [194]. Assets and Liabilities - The company's net capital decreased to approximately 33.90 billion RMB at the end of the reporting period, down from 37.15 billion RMB at the end of the previous year [9]. - Total assets decreased by 15.91% to ¥245,264,621,145.67 from ¥291,655,584,780.67 at the end of the previous year [24]. - Total liabilities decreased by 18.85% to ¥197,377,523,367.54 from ¥243,223,795,575.42 at the end of the previous year [24]. - The company's cash and cash equivalents decreased to ¥73.24 billion from ¥81.62 billion, a reduction of about 10.4% [187]. - The company's derivative financial liabilities decreased to ¥977.76 million from ¥1.87 billion, a reduction of approximately 47.6% [187]. - Total liabilities decreased from CNY 243.22 billion at the beginning of the period to CNY 197.38 billion at the end, a reduction of approximately 18.9% [188]. - Total assets decreased from CNY 291.66 billion to CNY 245.26 billion, representing a decline of about 15.9% [190]. - Total equity attributable to shareholders decreased from CNY 48.35 billion to CNY 47.81 billion, a reduction of approximately 1.1% [188]. Cash Flow - The net cash flow from operating activities increased by 4.25% to ¥14,562,935,786.86, compared to ¥13,969,638,812.19 in the previous year [23]. - The net cash flow from investment activities is -RMB 1,996,614,872.51, a significant decrease from RMB 1,678,865,979.68 in the previous period [198]. - Cash inflow from financing activities is RMB 133,330,726.65, while cash outflow is RMB 27,920,722,516.05, leading to a net cash outflow of -RMB 27,787,391,789.40 [199]. - The total cash and cash equivalents at the end of the period is RMB 84,759,863,638.87, down from RMB 152,873,481,726.77 in the previous period [199]. Market Position and Business Development - The company has maintained its leading position in the industry with the highest number of custody and outsourcing service accounts [37]. - The company ranked second in asset securitization underwriting amount and fourth in bond underwriting amount in the industry [37]. - The company aims to enhance its marketing efforts and improve its market share in the stock market in the second half of 2016 [54]. - The company launched a new "WeChat Securities" service in June 2016, enhancing its online service capabilities [49]. - The company plans to establish up to 50 new securities branches in 2016, with 26 already approved for setup [49]. Regulatory Compliance and Governance - The board of directors and senior management have confirmed the accuracy and completeness of the financial report, ensuring no significant omissions or misleading statements [4]. - The company has not violated any decision-making procedures in providing guarantees to external parties [4]. - The company has not reported any significant litigation or arbitration matters during the reporting period [129]. - The company has been penalized by the China Securities Regulatory Commission for failing to implement effective customer identity verification procedures, and has completed the required corrective actions [140]. Shareholder Information - The total number of shareholders at the end of the reporting period is 107,567 [156]. - The top two shareholders are Shenzhen Zhaorong Investment Holding Co., Ltd. with 1,435,110,665 shares (24.71%) and Shenzhen Jisheng Investment Development Co., Ltd. with 1,341,378,000 shares (23.09%) [157]. - China Ocean Shipping (Group) Company holds 428,046,935 shares, representing 7.37% of the total shares [158]. Risk Management - The company emphasizes the importance of investment risk awareness regarding forward-looking statements and future plans [3]. - The company has adjusted its impairment standards for financing-related businesses to better reflect asset recoverability and risk status, based on customer credit conditions and collateral securities [148]. - The company has changed the bad debt provision ratio for financing business, which is an accounting estimate change and will not affect previously disclosed financial data [149].