Founder Securities(SH:601901)2016-04-28 16:00Financial Performance - The company's operating revenue for 2015 reached ¥10,914,989,706.62, representing a 122.77% increase compared to ¥4,899,699,230.06 in 2014[34]. - The net profit attributable to shareholders was ¥4,064,211,991.64, a 126.28% increase from ¥1,796,097,769.62 in the previous year[34]. - The basic earnings per share increased to ¥0.49, up 88.46% from ¥0.26 in 2014[35]. - The total assets grew by 77.66% to ¥154,425,206,383.05 from ¥86,923,857,305.14 in 2014[34]. - The total liabilities increased by 111.87% to ¥118,900,482,963.43, compared to ¥56,119,289,943.98 in 2014[34]. - The company's total comprehensive income for the year was ¥4,868,328,392.91, reflecting a 127.15% increase from ¥2,143,263,719.83 in 2014[44]. - The company's net profit for 2015 was CNY 4.12 billion, reflecting a 150.39% growth compared to CNY 1.65 billion in 2014[48]. - The company achieved an operating income of CNY 10.91 billion, a profit before tax of CNY 5.45 billion, and a net profit attributable to shareholders of CNY 4.06 billion, reflecting significant growth[65]. Capital and Dividends - The proposed cash dividend distribution is CNY 0.90 per 10 shares, totaling CNY 740,889,125.55, with remaining undistributed profits of CNY 5,138,364,696.56 to be carried forward[4]. - The company reported a net capital of CNY 18,139,286,463.31 as of December 31, 2015, an increase of 37.9% from CNY 13,140,496,593.91 at the end of 2014[12]. - The registered capital of the company increased to CNY 8,232,101,395 after acquiring 100% equity of Minzu Securities in August 2014[22]. - The company underwent a transformation from a limited liability company to a joint-stock company in September 2010, with a new registered capital of CNY 4.6 billion[21]. Assets and Liabilities - The company's total assets increased by 59.68% to CNY 121.67 billion from CNY 76.20 billion[46]. - The company's liabilities increased by 90.00% to CNY 87.83 billion from CNY 46.22 billion[46]. - The company's goodwill increased significantly by 1911.73% to CNY 45.23 billion, mainly due to the acquisition of Minzu Securities[127]. - The company's total liabilities at the end of the reporting period amounted to 71.662 billion RMB, excluding client transaction settlement funds of 47.239 billion RMB[135]. Business Operations and Growth - The company has expanded its operations to include various subsidiaries focused on investment management and financial services[28]. - The number of regional subsidiaries reached 10, with 295 securities business departments and 26 futures business departments across 28 provinces[56]. - The company achieved a 463.10% increase in long-term equity investments, rising to CNY 16.40 billion from CNY 2.91 billion[46]. - The average daily trading volume in the secondary market reached CNY 1.10 trillion, marking a 239.62% increase year-on-year[59]. Risk Management - The company has established a liquidity management system to enhance fund management efficiency and monitor liquidity risks[137]. - The company has implemented a risk limit system, including scale limits and stop-loss limits, to manage market risks effectively[170]. - Credit risk exposure is primarily from margin financing and securities lending, with measures in place to control risks through customer education and daily monitoring[165]. - The company has established an emergency mechanism for liquidity risk, with clear trigger conditions and corresponding emergency plans[167]. Compliance and Governance - The company has established a unified compliance and risk management system, ensuring the safety of funds and improving the level of fund management[163]. - The company is committed to ensuring that its controlled enterprises do not engage in competing businesses with the company[183]. - The company faced a lawsuit from Zhengquan Holdings regarding the validity of a company resolution, with the court set to hear the case on June 3, 2015[192]. - The company appointed Tianjian Accounting Firm (Special General Partnership) as the annual audit institution for 2015, with a remuneration not exceeding 1.2 million RMB[5]. Strategic Initiatives - The company aims to enhance its internet finance capabilities by establishing an Internet Finance Research and Engineering Institute, focusing on self-research and improving customer experience[91]. - The company plans to strengthen its investment strategies in 2016, including stock index futures and options, while expanding into foreign exchange and commodity markets[95]. - The integration of Fangzheng Securities and Minzu Securities is progressing smoothly, focusing on optimizing management mechanisms and enhancing risk control standards[163]. - The company aims to balance its business development across retail and institutional clients while enhancing capital intermediary services[57].