华林证券：立业集团累计质押股数约为5.5亿股

Company Overview - Hualin Securities announced that as of the date of the announcement, Liyue Group has pledged approximately 550 million shares, accounting for 31.62% of its total holdings [1] Financial Performance - For the first half of 2025, Hualin Securities' revenue composition is as follows: Wealth management accounts for 60.28%, proprietary trading for 26.39%, other businesses for 11.54%, investment banking for 0.98%, and asset management for 0.81% [1] - As of the report, Hualin Securities has a market capitalization of 45.8 billion yuan [1] Market Context - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology as the main driver reshaping the market and initiating a "slow bull" new pattern [1]