Xin Lang Cai Jing·2025-09-10 07:49Core Viewpoint - The company, China International Capital Corporation (CICC), is experiencing a projected significant increase in net profit for the first quarter of 2025, with expectations of a growth rate between 50% to 70% compared to the previous year [3]. Company Overview - CICC is a state-owned enterprise controlled by Central Huijin Investment Ltd, and it operates primarily in investment banking, wealth management, and asset management [2][3]. - The company was established on July 31, 1995, and listed on November 2, 2020, with its main business segments including investment banking, equity sales and trading, fixed income, wealth management, and investment management [7]. Financial Performance - For the first half of 2025, CICC reported a net profit of 4.33 billion yuan, representing a year-on-year increase of 94.35% [8]. - The projected net profit for the period from January 1, 2025, to March 31, 2025, is estimated to be between 1.858 billion yuan and 2.106 billion yuan, compared to 1.239 billion yuan in the same period last year [3]. Shareholder and Market Activity - As of June 30, 2025, the number of shareholders decreased by 11.17% to 124,000, while the average number of circulating shares per person increased by 12.62% to 23,649 shares [8]. - The company has distributed a total of 4.924 billion yuan in dividends since its A-share listing, with 2.607 billion yuan distributed over the past three years [9]. Institutional Holdings - As of June 30, 2025, major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 21.63 million shares, and Huatai-PB CSI 300 ETF, which also saw an increase in holdings [10].