2023-03-28 16:00Capital Structure and Financial Performance - The registered capital of Guolian Securities remains at CNY 2,831,773,168, unchanged from the previous year[16]. - The net capital increased to CNY 16,359,290,951.82, up from CNY 14,800,608,556.14, representing a growth of approximately 10.5%[16]. - The company has not implemented a profit distribution plan for 2022, considering long-term interests and sustainable development[4]. - The company is actively pursuing a specific stock issuance to enhance its capital structure, which is currently in progress[4]. - The company completed its initial public offering of 47,571.90 million A shares at a price of RMB 4.25 per share, increasing its registered capital to RMB 237,811.90 million[26]. - The company has been approved for the issuance of H shares, totaling 40,240 million shares at a price of HKD 8.00 per share, increasing its registered capital to RMB 190,240 million[25]. - The company's operating revenue for 2022 was ¥2,622,939,104.01, a decrease of 11.59% compared to ¥2,966,631,400.54 in 2021[38]. - The net profit attributable to shareholders for 2022 was ¥767,284,571.89, down 13.66% from ¥888,639,753.44 in 2021[38]. - The basic earnings per share for 2022 was ¥0.27, a decline of 25.00% compared to ¥0.36 in 2021[40]. - The total assets at the end of 2022 amounted to ¥74,381,996,357.05, reflecting a 12.80% increase from ¥65,939,237,816.69 at the end of 2021[38]. - The total liabilities increased by 16.27% to ¥57,621,443,646.32 in 2022 from ¥49,558,169,528.79 in 2021[38]. - The liquidity coverage ratio decreased to 160.06% in 2022 from 219.28% in 2021[41]. Business Operations and Market Presence - The company operates 87 securities business departments across 11 provinces, with 58 located in Jiangsu Province[30]. - The company has established a total of 15 branches as of the end of the reporting period[32]. - The company has branches in major cities including Beijing, Shanghai, and Shenzhen, enhancing its market presence[32]. - The company has a significant presence in the southwestern region with the establishment of the Southwest branch in September 2016[32]. - The total number of clients increased to 1.5838 million, a growth of 14.30% compared to the previous year[64]. - The brokerage and wealth management business generated revenue of 777 million RMB, down 8.35% year-on-year[59]. - The company achieved a market share of 0.49% in stock and fund trading, remaining stable compared to 2021[64]. Risk Management and Compliance - The company emphasizes that its main business is highly correlated with the domestic macroeconomic environment and capital market trends, which poses significant operational risks[6]. - The company is focused on risk management due to potential impacts from economic and financial policy changes[6]. - The company has established a comprehensive risk management system to ensure risks are measurable, controllable, and bearable, aiming for long-term value maximization[150]. - The risk management structure includes a board of directors, senior management, and dedicated risk management departments to oversee and implement risk governance[151]. - Credit risk is managed through an internal credit rating system and timely monitoring of counterparties' credit quality[158]. - The company has developed a liquidity risk management plan, including daily position management and emergency liquidity plans[159]. - The company has implemented a comprehensive compliance monitoring and training system[162]. Investment and Financial Products - The company has qualifications for various financial services, including trading qualifications for the Shanghai Stock Exchange and the Shenzhen Stock Exchange[18]. - The company has qualifications for asset management and investment advisory services, including the Qualified Foreign Institutional Investor (QFII) qualification[20]. - The asset management product sales from self-developed products surged by 122.61% to 45.670 billion RMB[65]. - The company achieved a total underwriting amount of 39.392 billion yuan in 2022, a decrease from 43.138 billion yuan in 2021, representing a decline of approximately 8.1%[74]. - The total scale of assets under management reached 1020.48 billion yuan by the end of 2022, remaining relatively stable compared to 1024.12 billion yuan in 2021[84]. Future Outlook and Strategic Initiatives - The company plans to enhance its sales team and digital transformation efforts in 2023[66]. - The company aims to transform into a leading investment bank focused on providing comprehensive financial solutions, emphasizing customer-centric services[146]. - The company plans to shift its focus from "shortcomings" to "strengths," aiming to establish differentiated advantages in specific market segments[147]. - The company aims to improve its asset management capabilities and digital transformation in 2023, focusing on various investment strategies[86]. - The company is focusing on sustainability initiatives, with a goal to reduce carbon emissions by 30% over the next five years[182]. Management and Governance - The total pre-tax remuneration for the board of directors and senior management during the reporting period amounted to 22.06 million CNY[178]. - The company has appointed new independent directors and supervisors as part of the board restructuring, including Wu Weihua and Li Shuo[190][191]. - The company has maintained a consistent leadership structure with key personnel holding their positions since at least 2015[186]. - The company held a total of 8 board meetings during the year, with 7 conducted via a combination of in-person and communication methods[196]. - The Audit Committee is chaired by Wu Xingyu, with members Zhu Hehua and Gao Wei[197].