Zheng Quan Zhi Xing·2025-08-29 16:40Core Viewpoint - The report highlights the financial performance of Everbright Securities Co., Ltd. for the first half of 2025, showcasing significant growth in revenue and net profit, alongside a proposed cash dividend distribution to shareholders [1][2]. Financial Performance - Total assets at the end of the reporting period amounted to approximately CNY 295.12 billion, reflecting a 0.74% increase from the previous year [2]. - Operating revenue reached approximately CNY 5.12 billion, representing a year-on-year growth of 22.49% [2]. - Total profit was approximately CNY 2.04 billion, up 29.74% compared to the same period last year [2]. - Net profit attributable to shareholders was approximately CNY 1.54 billion, marking a 10.09% increase year-on-year [2]. Dividend Distribution - The proposed profit distribution plan suggests a cash dividend of CNY 1.095 per 10 shares for both A and H shareholders, totaling approximately CNY 504.88 million [1]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 156,717, with major shareholders including China Everbright Group Co., Ltd. holding 25.15% and China Everbright Holdings Co., Ltd. holding 20.73% [3][4]. Business Segments - The company operates several business clusters, including wealth management, corporate financing, institutional client services, investment trading, asset management, and equity investment [8][9]. - Wealth management services have seen a 7% increase in total clients year-on-year, with significant growth in retail and financing services [9][10]. - The corporate financing segment reported a total of CNY 9.9 billion in equity financing, with CNY 4.62 billion from IPOs and CNY 5.27 billion from refinancing [13]. Debt Financing - The debt financing services supported a total of CNY 485.4 billion, with a 3.3 percentage point increase in market share [13][14]. - The company has successfully issued various bonds, including technology innovation bonds and green bonds, contributing to its reputation in the market [13]. Investment and Asset Management - The asset management division managed a total of CNY 322.5 billion in assets, reflecting a 3.6% growth since the beginning of the year [18]. - The fund management segment reported a total of CNY 955.68 billion in assets under management, with a focus on enhancing research capabilities and product offerings [18][19].