Xin Lang Cai Jing·2025-11-06 07:53Core Viewpoint - The company, China International Capital Corporation (CICC), is experiencing positive performance indicators, including significant projected profit growth and a stable market position as a state-owned enterprise [2][3]. Financial Performance - CICC's projected net profit for the period from January 1, 2025, to June 30, 2025, is estimated to be between 3.453 billion yuan and 3.966 billion yuan, representing a growth of 55% to 78% compared to the previous year's net profit of 2.228 billion yuan [2]. - For the first nine months of 2025, CICC reported a net profit of 6.567 billion yuan, marking a year-on-year increase of 129.75% [8]. Company Overview - CICC, established on July 31, 1995, and listed on November 2, 2020, operates in various financial sectors, including investment banking, equity sales and trading, fixed income, wealth management, and asset management [7]. - The company's revenue composition includes wealth management (32.58%), equity business (25.78%), fixed income (13.38%), investment banking (11.26%), and other services [7]. Shareholder and Market Activity - As of September 30, 2025, CICC had 118,900 shareholders, a decrease of 4.10% from the previous period, with an average of 24,662 shares held per shareholder, an increase of 4.28% [8]. - The stock's average trading cost is 36.24 yuan, with the current price approaching a resistance level of 36.60 yuan, indicating potential for upward movement if the resistance is broken [6]. Institutional Holdings - As of September 30, 2025, major shareholders include Hong Kong Central Clearing Limited, which holds 123 million shares, and various ETFs, indicating a diversified institutional interest in CICC [10].