长江证券披露半年报！持续彰显功能价值

Core Insights - Changjiang Securities reported a significant increase in revenue and net profit for the first half of 2025, with total operating income 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 emphasized its commitment to serving the real economy and enhancing its strategic focus on technology finance, green finance, inclusive finance, pension finance, and digital finance [1] Financial Performance - Total assets of Changjiang Securities reached 175.088 billion yuan, a 1.93% increase from the beginning of the year, while net assets attributable to shareholders grew by 3.1% to 40.415 billion yuan [1] - The company achieved a record high in bond underwriting, with 89 bonds underwritten, a 71.15% increase year-on-year, and a total underwriting scale of 23.558 billion yuan, up 87.64% [3] Strategic Initiatives - Changjiang Securities is focusing on deepening its strategy in Hubei province, contributing to local economic development and the rise of central China [2] - The company has established five industry research teams to enhance its service capabilities and has completed multiple projects in Hubei, including two completed projects and seven in guidance [2] Service Functionality - The company is committed to four service functions: supporting the real economy, promoting technological innovation, managing social wealth, and addressing major regional strategies [4] - Changjiang Securities is enhancing its core competencies and competitiveness by providing comprehensive lifecycle services for innovation and investment in key sectors [4] Investment Focus - The company is actively investing in emerging industries such as new materials, carbon neutrality, military equipment, digital intelligence, and life health, with a steady increase in fund management scale [5] - Recent successful projects include the launch of a humanoid robot and AI fund, as well as various bonds aimed at supporting small and medium enterprises and rural revitalization [5] Ownership Changes - In August 2023, the ownership structure changed, with Changjiang Industrial Group becoming the largest shareholder, which is expected to accelerate the company's contributions to the development of Hubei province [5]