CLS(SZ:002945) 经济观察报·2025-11-05 10:49Core Viewpoint - Huayin Securities is experiencing a performance harvest period driven by its technology finance strategy, showcasing significant growth in both revenue and net profit in the first three quarters of 2025 [2][4]. Financial Performance - In the first three quarters of 2025, Huayin Securities achieved an operating income of 1.2 billion yuan, representing a year-on-year growth of 18.08%. The net profit attributable to shareholders reached 440 million yuan, a substantial increase of 45.66% year-on-year [2][4][5]. - The net profit growth rate significantly outpaced the revenue growth rate, indicating enhanced profitability under the technology finance transformation strategy [2]. Industry Comparison - Among 42 listed securities firms, Huayin Securities' revenue growth rate of 18.08% surpassed the industry average growth of 17.02% in the same period [4]. - The operating income of 1.2 billion yuan set a record for the highest revenue in the same period since the company's listing in 2019 [4]. Strategic Transformation - The impressive performance is attributed to the multi-dimensional strategic layout, with the deep implementation of the technology finance transformation serving as the core growth engine. The company initiated this transformation in 2021, aiming to become a new generation of youthful technology finance company [8]. - The online business coverage capability has significantly improved, leading to explosive growth in wealth management services. The net income from brokerage fees reached 569 million yuan, with a year-on-year increase of 79.76%, becoming a key pillar for revenue and profit growth [8]. Operational Enhancements - In addition to technological empowerment, the wealth management regional reform and nationwide talent recruitment have injected important momentum into performance growth. The regional reform optimized the layout and resource allocation of wealth management services, enhancing frontline service efficiency [11]. - The nationwide talent pool further strengthened the team's professional capabilities, providing better asset allocation and investment consulting services, which contributed to the steady expansion of client and asset scales [11]. Future Outlook - With the continuous deepening of the technology finance transformation and further expansion of wealth management services, the company is expected to achieve sustained performance breakthroughs. The focus on standardized operations and high-quality services aims to gradually improve market image and provide a practical model for high-quality industry development [11].