长江证券半年报披露：持续彰显功能价值，战略赋能业绩增长

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with total revenue reaching 4.705 billion yuan, a year-on-year growth of 64.79%, and net profit attributable to shareholders at 1.737 billion yuan, up 120.76% [1] - The company emphasizes its commitment to serving the real economy and enhancing its service capabilities through strategic focus areas including technology finance, green finance, inclusive finance, pension finance, and digital finance [1][4] Financial Performance - Total assets amounted to 175.088 billion yuan, reflecting a growth of 1.93% from the beginning of the year, while net assets attributable to shareholders increased by 3.10% to 40.415 billion yuan [1] - The bond underwriting scale reached a record high for the same period in nearly a decade, with 89 bonds underwritten, a 71.15% increase, and a total scale of 23.558 billion yuan, up 87.64% [3] Regional Development Strategy - The company is focused on deepening its strategy in Hubei, contributing to local economic development and the central region's rise, with two completed projects and one under review in Hubei during the reporting period [2] - Longjiang Securities has established five industry research teams to enhance its service capabilities and optimize regional collaboration mechanisms [2] Service Functionality - The company aims to enhance its core functions and competitiveness by focusing on four service areas: supporting the real economy, technological innovation, social wealth management, and major regional strategies [4] - It is actively involved in providing comprehensive lifecycle services for innovation and investment, collaborating with research institutions and enterprises [4] Investment and Asset Management - The company has successfully launched a 10 billion yuan humanoid robot and AI fund, as well as various innovative bond products, including green bonds and rural revitalization bonds [6] - The asset management subsidiary achieved a strategic breakthrough in ABS business in Hubei, marking the first green ABS project in the province [3] Shareholder Structure - In August, the company underwent a shareholding change, with Hubei Industrial Group becoming the largest shareholder, which is expected to enhance its operational capabilities in the context of Hubei's economic development [6]