Financial Performance - The company achieved a cash dividend distribution of RMB 3.91926 billion, accounting for 30.56% of the net profit attributable to shareholders for 2021[2]. - Total revenue for 2021 reached RMB 57,809,561, an increase of 6.51% compared to RMB 54,277,200 in 2020[41]. - Pre-tax profit for 2021 was RMB 18,543,799, reflecting a growth of 17.68% from RMB 15,757,310 in 2020[41]. - Net profit attributable to shareholders for 2021 was RMB 12,826,517, up 17.94% from RMB 10,875,396 in 2020[41]. - Total assets as of December 31, 2021, amounted to RMB 744,925,149, a 7.33% increase from RMB 694,073,351 in 2020[42]. - Total liabilities increased by 7.84% to RMB 567,170,363 in 2021 from RMB 525,947,039 in 2020[42]. - The company's equity attributable to shareholders rose to RMB 163,137,964, marking a 6.31% increase from RMB 153,448,468 in 2020[42]. - Basic earnings per share for 2021 were RMB 0.98, an increase of 8.89% compared to RMB 0.90 in 2020[41]. - The weighted average return on equity for 2021 was 8.09%, up from 7.88% in 2020[45]. - The company's total revenue for 2021 reached RMB 700 billion, with a net profit attributable to shareholders of RMB 128.27 billion, reflecting a steady growth trend[51]. Business Development and Strategy - Haitong Securities plans to focus on high-quality development in 2022, emphasizing stability and reform to enhance its market position[6]. - The company aims to accelerate high-quality sustainable development in 2022, promoting the "One Haitong" concept for unified growth[11]. - The company is committed to creating shared value for shareholders, clients, employees, and society, while enhancing its governance framework[6]. - The company is actively supporting the "dual carbon" strategy by innovating green development paths and expanding financial services for green projects[4]. - The company aims to enhance its service capabilities and optimize its financing business structure moving forward[106]. - The company anticipates a trend of increasing competition and market concentration in the securities industry, with a shift towards capital-based intermediary models and enhanced compliance and risk management[139]. - The company expects the capital market to open further, with foreign investment increasing competition and driving internationalization in the industry[139]. Risk Management - The company faces significant risks including legal and compliance risks, credit risks, market risks, operational risks, liquidity risks, and reputational risks, which could impact its financial performance[15]. - The company has implemented specific measures to address the identified risks, as detailed in the board report[16]. - Haitong Securities is committed to maintaining compliance with regulatory standards and managing operational processes effectively to mitigate risks[15]. - The company emphasizes compliance and risk management in response to stringent regulatory policies in the capital market[10]. - The company has established a risk management department led by the Chief Risk Officer to oversee risk management policies and procedures[147]. - The company has developed a comprehensive anti-money laundering management system, including basic regulations and operational procedures[151]. - The company has established a comprehensive management system for market risk, including risk identification, assessment, measurement, monitoring, and reporting[163]. Customer and Market Engagement - The company has over 14 million customers in wealth management, focusing on long-term value creation and enhancing service quality[9]. - The number of wealth management clients reached 14.268 million, an increase of 8.50% compared to the beginning of the period, with total client assets amounting to RMB 2.82 trillion, up 16.40%[58]. - The company has established a comprehensive financial service platform covering multiple business areas, with a strong client base in brokerage and investment banking[94]. - The company has established a reputation risk management system and actively monitors public sentiment to protect its brand image[170]. Capital and Investment - The registered capital of Haitong Securities remained at RMB 13,064,200,000.00, unchanged from the previous year[19]. - The net capital increased to RMB 85,222,467,669.07, up from RMB 84,129,715,034.91 in the previous year, reflecting a growth of approximately 1.30%[19]. - The company raised a total of RMB 20 billion through a private placement of 1,562,500,000 shares at RMB 12.80 per share, with a net amount of RMB 19.84 billion after deducting issuance costs[131]. - The funds were allocated as follows: RMB 6 billion for developing capital intermediary services, RMB 10 billion for expanding FICC investment scale, RMB 1.5 billion for enhancing information system construction, RMB 2 billion for increasing investment banking business funding, and approximately RMB 340 million for supplementing working capital[132]. Technological Advancements - The company invested RMB 1.85 billion in technology in 2021, maintaining a leading position in the industry[99]. - The unified institutional client service platform "e海通达" has integrated various business resources, enhancing service efficiency for institutional clients[99]. - The self-developed integrated intelligent trading platform "e海方舟" achieved a trading volume exceeding RMB 2 trillion for the year[99]. - The total number of installed users for the "e海通财" APP and PC platform reached 41 million, with an average monthly active user count exceeding 5.75 million[99]. Corporate Governance - The company has a clear organizational structure with defined responsibilities among its governance bodies[33]. - The board confirmed compliance with relevant laws and regulations during the reporting period, with no violations by directors or senior management[198]. - The audit committee reviewed the audited financial statements for the year ended December 31, 2021, with no objections to the accounting policies adopted by the company[199].
海通证券(06837) - 2021 - 年度财报