Core Viewpoint - The recent trend of mid-term dividends among securities firms reflects their strong profitability and a regulatory push for companies to reward investors with cash dividends [2][6][7]. Group 1: Dividend Distribution - Huaxin Co. has implemented a mid-term dividend totaling 41.3751 million yuan, with several other securities firms also set to distribute dividends soon [1]. - From October 22 to 28, eight securities firms, including GF Securities and Dongfang Securities, plan to distribute a total of 5.2 billion yuan in mid-term dividends [1]. - A total of 29 securities firms are expected to distribute over 18 billion yuan in mid-term dividends this year, with CITIC Securities leading at 4.298 billion yuan [1][3]. Group 2: Market Conditions and Profitability - The positive market conditions and increased trading volumes have allowed many securities firms to achieve significant profits, enabling them to distribute dividends [2][5]. - Dongwu Securities has projected a net profit of 2.748 billion to 3.023 billion yuan for the first three quarters, representing a year-on-year increase of 50% to 65% [5]. Group 3: Regulatory Encouragement - Regulatory bodies are actively encouraging listed companies to enhance cash dividends and share buybacks as a means to reward investors [6][7]. - The Shanghai Stock Exchange has initiated actions to promote high-quality development among listed companies, emphasizing the importance of cash dividends [7].