华安证券：书写高质量发展金融答卷

Core Insights - Huaan Securities has demonstrated significant growth and development, achieving total assets of 106.655 billion and net assets of 23.676 billion by September 2025, with net profit and return on equity ranking in the top quartile of the industry [1] - The company has actively engaged in regional development, focusing on serving Anhui province and facilitating financing for local enterprises [3][5] - Huaan Securities has established a comprehensive service model integrating investment banking, investment, and research to support technological innovation and the real economy [6][8] Regional Development - Over the past five years, Huaan Securities has facilitated 34.7 billion in financing for local enterprises and achieved the first IPOs on the provincial Sci-Tech Board and Growth Enterprise Market [3] - The company has attracted 45 enterprises to settle in Anhui, injecting new momentum into regional economic development [3] - Huaan Securities has set up a capital market special team and an industry research center to provide support for government departments and tech enterprises [3] Innovation and Investment - The company has launched multiple funds focusing on strategic emerging industries in Anhui, providing integrated services of technology, capital, and scenarios [5] - Huaan Securities has assisted 154 tech enterprises in financing through IPOs and refinancing, and has underwritten 1.1 billion in tech innovation bonds [6] - The establishment of the "Eagle Antelope Acceleration Growth Plan" aims to create a hard technology evaluation system and promote collaboration between scientists and the capital market [8] Social Responsibility and Investor Protection - Huaan Securities has been recognized for its social responsibility efforts, including the launch of the "Insurance + Futures" project benefiting 300,000 farmers [9] - The company has established a stable investor return mechanism, with cumulative dividends of 2.674 billion and share buybacks of 119 million over five years [9] - Continuous improvement in investor education has led to recognition as an A-level institution for four consecutive years, serving over 100,000 people annually [9] Cultural and Governance Development - The company emphasizes cultural development as a foundation for growth, promoting a corporate culture of unity and collaboration [10] - Huaan Securities integrates party leadership into corporate governance, establishing various platforms for ideological education and professional development [10] - The company focuses on enhancing professional capabilities and ethical standards among employees through structured training programs [10]