国海证券：2025年上半年实现归母净利润3.7亿元 同比增长159.26%

Core Viewpoint - Guohai Securities reported strong financial performance for the first half of 2025, with significant growth in revenue and net profit, indicating a successful transformation and strategic initiatives in wealth management and investment management sectors [1][2]. Financial Performance - The company achieved operating revenue of 1.586 billion yuan, a year-on-year increase of 15.48% [1]. - The net profit attributable to shareholders reached 370 million yuan, marking a substantial year-on-year growth of 159.26% [1]. - A cash dividend of 0.12 yuan per 10 shares (including tax) is proposed, totaling 77 million yuan [1]. Wealth Management Business - Wealth management revenue for the first half was 743 million yuan, reflecting a growth of 35.55% [1]. - The company is enhancing its customer acquisition system through a "Tian Di Ren Wang" model and is focusing on a buyer-oriented product service system [1]. - New effective accounts increased by 77.92%, and new customer asset growth surged by 205.76% [1]. Investment Management Business - Investment management revenue reached 367 million yuan, with a year-on-year increase of 17.71% [2]. - The standardized active management scale in asset management was 39.978 billion yuan, up 11.09% year-on-year [2]. - The company’s public and private funds are diversifying into sectors such as healthcare, new energy, and aerospace, with significant increases in investment amounts [2]. Strategic Initiatives - Guohai Securities is the only comprehensive securities company registered in Guangxi and is actively contributing to local economic development [2]. - The company facilitated over 15.7 billion yuan in financing for local enterprises and achieved a bond underwriting scale of 3.941 billion yuan, more than doubling year-on-year [3]. - The establishment of the ASEAN Research Institute aims to enhance the company's intellectual contributions and strengthen its brand as a broker covering both national and ASEAN markets [3].