Zhong Guo Jin Rong Xin Xi Wang·2025-08-28 13:36Core Insights - CITIC Securities reported robust growth in its 2025 interim results, achieving an operating income of 33.039 billion yuan, a year-on-year increase of 20.44%, and a net profit attributable to shareholders of 13.719 billion yuan, up 29.80%, marking the best mid-year performance in history [1][2] Business Performance - Brokerage business revenue reached 9.319 billion yuan, a year-on-year increase of 21.11% [1] - Asset management business revenue was 6.017 billion yuan, up 22.32% year-on-year [1] - Securities investment business revenue totaled 14.497 billion yuan, reflecting an 8.15% increase [1] - Securities underwriting business revenue amounted to 2.054 billion yuan, a rise of 19.16% [1] Market Position - CITIC Securities completed 36 A-share underwriting projects with an underwriting scale of 148.528 billion yuan, capturing a market share of 19.19%, ranking first in the market [1] - The company underwrote 2,821 domestic bonds with a total scale of 1,038.725 billion yuan, a year-on-year growth of 11.61%, representing 6.65% of the total market underwriting and 14.15% of the underwriting by securities firms [1] International Business Growth - CITIC Securities International achieved an operating income of 1.49 billion USD, a 53% year-on-year increase, and a net profit of 390 million USD, up 66% [2] - The company completed 30 overseas equity projects with an underwriting scale of 2.989 billion USD, a significant year-on-year increase of 132.07% [2] - CITIC Securities has approximately 140 Hong Kong IPO sponsorship projects, with 66 A1 applications submitted, achieving the industry's first position [2] Profit Distribution - The company announced a cash dividend plan for the 2025 interim period, distributing 2.90 yuan per 10 shares, totaling approximately 4.298 billion yuan, which accounts for 32.53% of the net profit attributable to shareholders [2] - This marks the second consecutive year of mid-term dividends, with the distribution amount increased from 2.40 yuan per 10 shares in 2024 to 2.90 yuan in 2025, representing a more than 20% year-on-year increase in total cash dividends [2] Asset Growth - As of June 30, 2025, CITIC Securities' total assets exceeded 1.8 trillion yuan, and net assets attributable to shareholders surpassed 300 billion yuan [3]