HHTG(SH:600095) Xin Lang Cai Jing·2025-08-28 21:03Core Viewpoint - Xiangcai Co., Ltd. reported a total operating revenue of 1.144 billion yuan for the first half of 2025, reflecting a year-on-year growth of 4.63% and a net profit attributable to shareholders [1] Business Performance - The securities business, as the core segment of Xiangcai Co., Ltd., performed well, with its wholly-owned subsidiary, Xiangcai Securities, achieving an operating revenue of 792 million yuan, a year-on-year increase of 9.29% [1] - Brokerage business revenue reached 445 million yuan, showing a year-on-year growth [1] Strategic Focus - The company aims to create a competitive advantage in wealth management by integrating brokerage, credit business, and financial technology, including AI advisory services, leading to significant performance growth in the first half of the year [1] - In investment banking, the company focuses on regional development, emphasizing a customer-centric approach [1] Operational Efficiency - The company continues to prioritize cost reduction and efficiency improvement in its industrial segment, optimizing asset management through adjustments in personnel structure, product offerings, and operational models [1] - Xiangcai Co., Ltd. has actively reduced trade scale to enhance the competitiveness of its existing assets [1] Technological Advancements - The company is strategically investing in artificial intelligence, data mining, and next-generation information technology to build a financial technology ecosystem, which supports the digital transformation of Xiangcai Securities [1] Mergers and Acquisitions - In March, Xiangcai Co., Ltd. announced a plan to issue A-shares to all shareholders of Dazhihui as part of a stock swap merger, aiming to integrate Dazhihui's product, technology, and traffic advantages with Xiangcai Securities' licenses, operational capabilities, and network layout [1] Future Outlook - The company plans to continue focusing on its securities business, promoting digital transformation and technological empowerment, while enhancing collaboration with strategic partners like Dazhihui to optimize service structure and improve comprehensive financial service capabilities [1]