Core Viewpoint - China International Capital Corporation (CICC) reported strong financial performance for the year ending December 31, 2024, with total assets of RMB 674.716 billion, operating revenue of RMB 21.333 billion, and net profit attributable to shareholders of RMB 5.694 billion, emphasizing its commitment to serving national strategies and the real economy [1] Group 1: Business Performance - CICC maintained a leading position in investment banking, ranking first in global IPOs for Chinese enterprises and in Hong Kong IPOs, with significant participation in major projects [2] - The company ranked first among Chinese brokers in offshore debt underwriting and maintained a strong position in various segments, including real estate ABS and public REITs [2] - CICC's stock business continued to deepen its institutional client base, achieving the highest market share for QFII clients for 21 consecutive years [2] Group 2: Asset Management - CICC's public fund management scale grew by 63% year-on-year to RMB 207.3 billion, maintaining industry leadership in public REITs [3] - The private equity business solidified its market-leading position with managed assets reaching RMB 457.6 billion [3] - Wealth management services expanded significantly, with total clients nearing 8.5 million and total client asset value around RMB 3.18 trillion [3] Group 3: Dividends and Shareholder Returns - CICC announced a mid-term profit distribution plan, distributing approximately RMB 434 million in cash dividends to shareholders, reflecting its commitment to enhancing dividend stability and predictability [4] - Since its A-share listing in 2020, CICC has distributed a total of RMB 4.489 billion in cash dividends to shareholders [4] Group 4: Support for Real Economy - CICC supported direct financing exceeding RMB 12 trillion in 2024, focusing on key national strategic areas such as technology innovation and green development [5][6] - The company facilitated transactions in the technology sector amounting to RMB 470 billion and established 36 new funds totaling over RMB 55 billion [6] - CICC assisted small and micro enterprises in achieving capital market transactions exceeding RMB 270 billion [7] Group 5: Digital and Green Finance - CICC provided significant support to digital enterprises, completing transactions worth over RMB 50 billion and launching a digital economy fund [8] - The company actively promoted green finance, assisting in transactions exceeding RMB 450 billion in green-related fields and establishing new funds for green investments [6][8] Group 6: Internationalization and Future Outlook - CICC completed cross-border and overseas project transactions exceeding RMB 900 billion, enhancing its international presence [9] - The company expressed confidence in the future, focusing on serving national development and enhancing its core competitiveness [9]
中金公司2024年各项业务稳健运营,持续深化服务国家战略质效