CITIC(HK:00267) Zhi Tong Cai Jing·2025-08-29 08:47Core Viewpoint - 中信股份 reported strong mid-year results for 2025, with significant growth in revenue and net profit, indicating robust performance across its financial subsidiaries and core businesses [1][2] Financial Performance - The company achieved operating revenue of 368.8 billion yuan and net profit of 59.8 billion yuan in the first half of 2025, with attributable net profit reaching 31.2 billion yuan [1] - The board proposed an interim dividend of 0.20 yuan per share, reflecting a year-on-year increase of 5.3%, totaling 5.818 billion yuan in dividends [1] - The current price-to-book ratio is significantly below 1, suggesting potential for market value recovery as valuations normalize [1] Business Development - Financial subsidiaries have optimized their business structures, focusing on key areas to achieve comprehensive profit growth [2] - The banking sector continues to show positive net profit growth, with the establishment of a financial asset investment company to enhance service diversification [2] - The securities business capitalized on domestic and international market opportunities, achieving substantial year-on-year growth in revenue and profit, maintaining a leading position in domestic equity and bond underwriting [2] Strategic Initiatives - The company initiated a technology finance special action, enhancing its service capabilities across the entire financial chain, benefiting over 14,100 specialized and innovative enterprises [1] - Green credit balance increased by 16.79% since the beginning of the year, with a leading position in green bond underwriting [1] - Progress in inclusive finance, pension finance, and digital finance has been notable, contributing to overall business performance [1]