2022-03-24 16:00Financial Performance - The company's operating revenue for 2021 was CNY 2,966,631,400.54, representing a 58.11% increase compared to CNY 1,876,340,313.32 in 2020[36]. - The net profit attributable to shareholders of the parent company for 2021 was CNY 888,639,753.44, up 51.16% from CNY 587,871,418.22 in 2020[36]. - The total assets at the end of 2021 reached CNY 65,939,237,816.69, a 42.66% increase from CNY 46,219,949,000.19 in 2020[37]. - The total liabilities at the end of 2021 were CNY 49,558,169,528.79, reflecting a 39.11% increase from CNY 35,625,778,979.10 in 2020[37]. - The basic earnings per share for 2021 was CNY 0.36, an increase of 28.57% compared to CNY 0.28 in 2020[38]. - The weighted average return on equity for 2021 was 7.27%, an increase of 0.86 percentage points from 6.41% in 2020[38]. - The company's net capital at the end of the reporting period was CNY 14,800,608,556.14, up from CNY 9,978,325,325.97 at the end of the previous year[39]. - The liquidity coverage ratio for 2021 was 219.28%, down from 322.37% in the previous year[39]. - The total of trading financial assets at the end of 2021 was CNY 27,710,091,437.19, with a change of CNY 10,755,000,067.20 during the year[44]. - The company achieved a market share of 0.49% in securities brokerage, with a trading volume of RMB 2.723 trillion, a 27.96% increase from 2020[58]. Capital Structure and Shareholder Returns - The registered capital of Guolian Securities increased to RMB 2,831,773,168 at the end of the reporting period, up from RMB 2,378,119,000 at the end of the previous year, representing a growth of approximately 19%[16]. - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares (including tax), pending approval at the shareholders' meeting[5]. - The company completed a non-public offering of 453.65 million A-shares at a price of RMB 11.22 per share, increasing its registered capital from RMB 237.81 million to RMB 283.18 million[25]. - The company issued 475.72 million A-shares at a price of RMB 4.25 per share, raising its registered capital from RMB 190.24 million to RMB 237.81 million[25]. - In 2021, the company distributed cash dividends of RMB 1.20 per 10 shares, totaling RMB 285,374,280.00, based on a total share capital of 2,378,119,000 shares[193]. - For the fiscal year 2021, the company plans to distribute cash dividends of RMB 1.00 per 10 shares, amounting to RMB 283,177,316.80, with retained earnings of RMB 2,265,049,501.30 to be carried forward[195]. Business Operations and Expansion - The company operates a range of services including securities brokerage, investment consulting, and asset management, with a focus on expanding its market presence[16]. - Guolian Securities has obtained new business qualifications in 2021, including the qualification for foreign stock business and the qualification for agreed repurchase securities trading[17]. - The company has a total of 88 securities business departments distributed across 11 provinces, autonomous regions, and municipalities[27]. - The company is focusing on market expansion through the establishment of new business units in key regions[30]. - The company completed 12 equity underwriting projects with a total underwriting amount of RMB 13.461 billion, a 300.15% increase compared to the previous year[62]. - The company plans to enhance retail sales capabilities and explore personalized asset allocation services in 2022[59]. - The investment banking business aims to expand IPO activities and strengthen collaboration with its parent company[64]. - The company plans to enhance its bond sales network and improve sales capabilities in 2022[69]. - The company is transitioning from a channel-based investment bank to an industry-focused investment bank, emphasizing wealth management and active asset management to meet growing client needs[134]. Risk Management - The company has established a comprehensive risk management system, including a four-tier management structure to ensure effective risk management operations[139]. - The company has implemented strict risk control measures and established a risk control indicator system for dynamic monitoring and early warning of various business risks[139]. - The company employs sensitivity analysis and stress testing to maintain risk control indicators within regulatory limits[140]. - The company has established measures to manage liquidity risk, including efficient management of funding sources and maintaining adequate liquidity reserves[151]. - The risk management committee is responsible for overall risk monitoring and management, with the chief risk officer overseeing the implementation of risk management practices[145]. Governance and Compliance - The company has maintained a strong governance structure, with all board members present at the board meeting[4]. - The audit report issued by Deloitte confirmed the accuracy and completeness of the financial statements, providing a standard unqualified opinion[4]. - The company has established a compliance management organization to oversee compliance risks effectively[153]. - The company has implemented measures to monitor and manage reputation risks dynamically, responding to external events and internal behaviors that may affect its brand value[154]. - The company has established a salary system based on job levels, with fixed salaries adjusted according to performance and market standards[188]. Employee and Management - The company employed a total of 2,269 staff, with 1,819 in the parent company and 450 in major subsidiaries[185]. - The professional composition includes 1,259 in brokerage and wealth management, 432 in investment banking, and 116 in asset management[185]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to CNY 2,088.01 million[164]. - The company has a comprehensive employee welfare system, including paid leave and health check-ups, in compliance with national regulations[188]. - The company has implemented a training program that includes 24 business seminars to enhance employee skills and support business needs[190].