NSC(SH:601990)2025-03-21 09:30Financial Performance - The proposed cash dividend distribution for 2024 is CNY 0.80 per 10 shares, totaling CNY 294,908,882.72 based on the total share capital of 3,686,361,034 shares as of December 31, 2024[6]. - 南京证券在2024年度报告中显示，营业收入同比增长15%，达到人民币50亿元[33]. - 净利润同比增长20%，达到人民币10亿元，反映出公司盈利能力的提升[33]. - The company's operating revenue for 2024 reached CNY 3,147,484,383.73, an increase of 27.12% compared to CNY 2,476,059,703.15 in 2023[37]. - Net profit attributable to shareholders for 2024 was CNY 1,001,644,895.54, reflecting a growth of 47.95% from CNY 677,014,894.30 in 2023[37]. - The total assets increased by 19.25% to CNY 69,768,126,275.81 at the end of 2024, up from CNY 58,507,626,370.07 in 2023[37]. - The total liabilities rose by 25.76% to CNY 51,544,808,949.45, compared to CNY 40,988,213,770.85 in 2023[37]. - Basic earnings per share for 2024 were CNY 0.27, a 50% increase from CNY 0.18 in 2023[38]. - The weighted average return on equity increased to 5.70% in 2024, up from 4.03% in 2023, representing an increase of 1.67 percentage points[38]. - The company's net capital at the end of the reporting period was CNY 15,224,917,552.18, compared to CNY 15,068,453,525.06 at the end of the previous year[38]. Business Expansion and Strategy - The company has expanded its business scope significantly since its establishment in 1990, with multiple qualifications acquired over the years, enhancing its market presence[25]. - The company is focused on developing new technologies and products to enhance its service offerings in the financial sector[19]. - Future outlook includes continued expansion in the securities market and enhancement of digital services to meet client needs[19]. - 公司计划在未来一年内扩展至10个新城市，预计将增加市场份额[33]. - 新产品推出计划包括智能投顾服务，预计将于2025年第一季度上线[33]. - The company plans to continue focusing on expanding its trading and investment activities, leveraging its increased asset base for future growth[42]. - The company aims to deepen its business transformation and improve internal management systems to adapt to the evolving market environment[47]. - The company is actively exploring new strategies to adapt to changing market conditions and customer needs[139]. Risk Management and Compliance - The company emphasizes that its operating performance is highly correlated with macroeconomic conditions and capital market trends, facing risks such as market risk, credit risk, liquidity risk, operational risk, compliance risk, and reputational risk[10][11]. - The company is committed to compliance with regulatory requirements, having obtained various qualifications from relevant authorities over the years[19]. - The company has established a comprehensive risk management system that covers all business lines and subsidiaries, ensuring effective risk control and compliance[110]. - The company invested 71.108 million yuan in compliance risk control, accounting for 3.59% of the previous year's revenue, and 176 million yuan in information technology, representing 8.89% of the previous year's revenue[120]. - The company maintained overall market risk control during the reporting period, with no significant market risk events occurring[112]. - Credit risk primarily stemmed from fixed income investment, margin financing, and stock pledge repurchase transactions, with no major credit risk events reported[113]. - The liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) consistently met regulatory requirements, with the company issuing bonds totaling 8 billion yuan and short-term financing notes of 5.5 billion yuan during the year[115]. Corporate Governance - The company has a governance structure that includes a board of directors, supervisory board, and management team, ensuring clear responsibilities and effective operation[129]. - The company has implemented a comprehensive account management system to ensure orderly and compliant account operations[123]. - The board of directors held 4 meetings during the reporting period, ensuring compliance with legal and regulatory requirements[132]. - The company has a clear governance structure with independent directors and supervisors, ensuring compliance with regulations[138]. - The company is actively involved in the nomination of independent directors, ensuring governance standards are upheld[162]. - The board has proposed a mid-year profit distribution plan for 2024, indicating a commitment to shareholder returns[160]. Technology and Innovation - The company is focusing on technology-driven transformation, utilizing cloud computing, big data, and blockchain to enhance service levels[54]. - The company is committed to improving internal mechanisms and compliance risk control to ensure stable development[103]. - The company is enhancing internal management efficiency by optimizing performance management and fostering collaboration across business lines[109]. - The company is investing in technology development, with a budget allocation of 100 million RMB for R&D in the upcoming year[142]. - 新产品研发方面，南京证券推出了基于区块链技术的交易平台，预计将在2024年下半年上线[147]. Social Responsibility and Sustainability - The company invested a total of 1,138.91 million CNY in social responsibility projects, benefiting approximately 40,000 people[200]. - The company actively promotes green finance and sustainable development, assisting enterprises in issuing sustainable development-linked bonds and green corporate bonds[196]. - The company has been recognized for its charitable contributions, receiving awards such as the "Nanjing Charity Award" and the "Chinese Red Cross Contribution Medal"[200]. - The company encourages low-carbon practices among employees, promoting public transportation and paperless office initiatives[198]. - The company is committed to environmental protection and has established mechanisms to promote energy conservation and reduce environmental impact[195].