Financial Performance - In 2021, CITIC Securities achieved total revenue and other income of RMB 97.324 billion, a year-on-year increase of 35.42%[36]. - The net profit attributable to shareholders reached RMB 23.1 billion, representing a year-on-year growth of 55.01%, with a return on equity of 12.07%, up by 3.64 percentage points[36]. - Operating profit for 2021 was RMB 31,004 million, reflecting a 55.92% increase from RMB 19,885 million in 2020[82]. - Basic earnings per share for 2021 were RMB 1.77, a 52.59% increase from RMB 1.16 in 2020[84]. - The total assets as of December 31, 2021, amounted to RMB 1,278,665 million, a 21.44% increase from RMB 1,052,962 million in 2020[83]. - The total liabilities as of December 31, 2021, were RMB 1,064,857 million, representing a 22.81% increase from RMB 867,080 million in 2020[83]. - The liquidity coverage ratio for 2021 was 140.76%, slightly down from 141.83% in 2020[86]. - The total equity attributable to shareholders as of December 31, 2021, was RMB 209,171 million, a 15.11% increase from RMB 181,712 million in 2020[83]. Business Expansion and Strategy - The company raised approximately RMB 27.33 billion through an A+H share placement at the beginning of 2022, enhancing its capital strength for business expansion and optimization[36]. - CITIC Securities expanded its international strategy, establishing a presence in 13 countries with over 2,000 overseas institutional clients, becoming a leading Chinese securities firm in the "Belt and Road" region[39]. - The company aims to enhance its global business management and risk compliance systems to ensure sustainable development[96]. - The company plans to expand its domestic and overseas client coverage and increase project reserves in 2022, focusing on emerging industries and key clients[107]. - The company aims to enhance its capabilities in cross-border M&A and overseas listings, leveraging its global network[114]. Sustainable Finance and Social Responsibility - CITIC Securities serviced 71 enterprises in issuing green bonds totaling RMB 136.2 billion, and completed the issuance of market-leading products such as the first batch of carbon-neutral green bonds[37]. - The company has set specific goals for "carbon neutrality" and has become a significant participant in China's green finance services[37]. - The company contributed RMB 50 million in public donations throughout the year, including RMB 12 million for disaster relief in Henan and Shanxi[38]. - The company has established a strong reputation in the green finance sector, receiving awards for its green bond issuance and carbon neutrality initiatives[71]. - The company is committed to promoting common prosperity and supporting the new development pattern in China[41]. Awards and Recognition - The company received multiple awards in 2021, including "Best Local Investment Bank" and "Best Equity Underwriter" from New Fortune, highlighting its strong market position[70]. - The company was recognized as a leading institution in the bond market, receiving accolades such as "Outstanding Bond Underwriter" and "Market Development Award" from the National Development Bank[70]. - The company was awarded the "Best Investment Bank" in various sectors, including pharmaceuticals and renewable energy, indicating its diversified expertise[71]. - The company was recognized as the "Best Bond Underwriter" in Asia and received accolades for its contributions to the Sci-Tech Innovation Board[73]. - The company achieved significant recognition in the asset management sector, winning awards for its comprehensive asset management capabilities and specific asset management plans[72]. Client and Market Engagement - As of the end of 2021, the company has over 12 million clients, with total client assets under custody amounting to RMB 11 trillion, a 29% increase from the end of 2020[120]. - The number of clients with assets over RMB 2 million reached 158,000, with total assets of RMB 1.8 trillion, representing a 25% and 21% increase respectively from the end of 2020[120]. - The company’s wealth management revenue accounted for 30% of the total revenue in the wealth management segment in 2021, indicating a diversification of income sources[120]. - The total trading volume for the company's brokerage business reached RMB 38.4 trillion in 2021, a 34% increase year-on-year[121]. - The company has maintained a leading position in investment banking, wealth management, asset management, and financial markets[152]. Operational Efficiency and Infrastructure - The company has established a comprehensive financial service capability, covering investment, financing, trading, payment, and custody functions[151]. - The company has a competitive cross-border comprehensive customer service network, covering over 60 major markets and serving more than 2,000 global institutional investors[154]. - The company continues to expand its branch network to improve service accessibility and client engagement[200]. - The company is committed to enhancing its operational efficiency through strategic branch placements across key economic regions[200]. - The company has a strong shareholder background and a complete corporate governance structure, ensuring sustainable and healthy development[150].
中信证券(06030) - 2021 - 年度财报