Xin Lang Cai Jing·2025-12-29 09:51Core Viewpoint - The company, China International Capital Corporation (CICC), is experiencing a decline in stock price and trading volume, while also projecting significant profit growth for the upcoming year [1][2][3]. Company Overview - CICC is a state-owned enterprise controlled by Central Huijin Investment Ltd, and it operates under the category of "中字头" stocks, indicating its ties to central state-owned enterprises [3]. - The company was established on July 31, 1995, and listed on November 2, 2020. Its main business areas include investment banking, equity sales and trading, fixed income, wealth management, and asset management [6]. Financial Performance - For the period from January to September 2025, CICC reported a revenue of 20.76 billion yuan, representing a year-on-year growth of 54.36%. The net profit attributable to shareholders was 6.57 billion yuan, showing a significant increase of 129.75% [7]. - The company expects its net profit for the first half of 2025 to be between 3.45 billion yuan and 3.97 billion yuan, reflecting a growth rate of 55% to 78% compared to the previous year [3]. Shareholder and Market Activity - As of September 30, 2025, the number of shareholders decreased by 4.10% to 118,900, while the average number of circulating shares per person increased by 4.28% to 24,662 shares [7]. - The stock has seen a net outflow of 857.21 million yuan from major investors today, with a total net outflow of 867.07 million yuan over the last three days [4][5]. Technical Analysis - The average trading cost of the stock is 36.15 yuan, with the current price approaching a support level of 35.14 yuan. A breach of this support could lead to further declines [5].