中信证券整合子公司 进一步优化业务范围

Core Viewpoint - CITIC Securities has submitted two applications to the China Securities Regulatory Commission (CSRC) to reduce certain business types, which is part of the follow-up actions after acquiring Guangzhou Securities, now renamed CITIC Securities South China [3] Group 1: Business Adjustments - CITIC Securities aims to avoid competition between itself and its subsidiaries by delineating business operations, as required by regulations [1] - The company plans to adjust its business scope in the South China region, specifically in Guangdong (excluding Shenzhen), Guangxi, Hainan, Yunnan, and Guizhou, to mitigate potential conflicts of interest [2] - The specific arrangements for the business scope changes will depend on the final approval from the CSRC [2] Group 2: Financial Performance - CITIC Securities South China, which was integrated into CITIC Securities in January 2020, reported a revenue of 1.113 billion yuan in 2024, marking a growth of 33.95% [4] - The operating profit for CITIC Securities South China reached 431 million yuan in 2024, reflecting a growth of 17.76% [4]