

Core Insights - In the first half of 2025, CITIC Securities maintained stable growth with operating revenue of 10.74 billion yuan, a year-on-year increase of 19.93%, slightly below the industry average [1] - CITIC Securities' net profit attributable to shareholders reached 4.509 billion yuan, up 57.77% year-on-year, maintaining its ninth position in the industry [1] Revenue and Ranking Changes - CITIC Securities ranked ninth in revenue among A-share listed brokers with 10.74 billion yuan, a growth of 1.212 billion yuan compared to the previous year [2] - The top three brokers by revenue were CITIC Securities (33.039 billion yuan), Guotai Junan (23.872 billion yuan), and Huatai Securities (16.219 billion yuan) [2] Net Profit and Ranking Changes - Guotai Junan led the net profit rankings with 15.737 billion yuan, followed by CITIC Securities with 13.719 billion yuan [5] - CITIC Securities' net profit growth rate was 29.80%, with an increase of 3.149 billion yuan year-on-year [5]