绩效新规|华夏基金8年给外资股东分红14.35亿元，迈凯希金融公司91亿元的投入成本已收回15.78%

Core Viewpoint - The recent draft of the "Guidelines for Performance Assessment Management of Fund Management Companies" has sparked significant discussion in the industry, indicating a shift towards a performance-driven era in public fund management, with nearly a thousand fund managers facing potential salary reductions [1][4]. Group 1: Guidelines and Performance Assessment - The guidelines stipulate that fund companies must prudently determine dividend frequency and ratio based on the long-term performance of fund products and investor profit and loss situations [1][4]. - For fund products with poor performance and significant investor losses over the past three years, the guidelines recommend a reduction in both dividend frequency and ratio [1][4]. Group 2: Financial Performance of Huaxia Fund - According to CITIC Securities' 2024 annual report, Huaxia Fund reported an operating income of 8.031 billion yuan and a net profit of 2.158 billion yuan, with a total dividend payout of 1.4 billion yuan and a dividend rate of 64.87% [1][4]. - Over the past decade (2015-2024), Huaxia Fund has accumulated revenues of 56.312 billion yuan and net profits of 16.824 billion yuan, distributing a total of 7.099 billion yuan in dividends to shareholders [1][4]. Group 3: Mackay Financial's Investment in Huaxia Fund - Mackay Financial acquired a 3.9% stake in Huaxia Fund for 936 million yuan in 2017, along with a previous 10% stake for 2.4 billion yuan, totaling 3.336 billion yuan for a 13.9% ownership [2][5]. - In December 2022, Mackay Financial was approved to acquire an additional 13.9% stake from the Canadian Power Group for 5.758 billion yuan, bringing its total investment to approximately 9.094 billion yuan for a 27.8% stake [2][5][6]. Group 4: Dividend Earnings of Mackay Financial - From 2017 to 2024, Mackay Financial received a total of 1.435 billion yuan in dividends from Huaxia Fund, which represents a recovery of 15.78% of its initial investment based solely on dividends [2][6][7]. - The annual dividend earnings for Mackay Financial are as follows: 0.056 billion yuan in 2017, 0.061 billion yuan in 2018, 0.052 billion yuan in 2019, 0.067 billion yuan in 2020, 0.14 billion yuan in 2021, 0.319 billion yuan in 2022, 0.352 billion yuan in 2023, and 0.389 billion yuan in 2024 [3][7].