Group 1 - The core viewpoint of the articles highlights Huaxing Capital's strong mid-year performance in 2025, with total revenue and net investment income reaching RMB 460 million, a year-on-year increase of 27% [1] - The investment management business contributed 52% of the total revenue, with a total exit amount of RMB 1.3 billion from managed fund projects, enhancing the fund investment return ratio (DPI) [1] - The total carried interest recognized in the financial statements was RMB 150 million, with net carried interest of RMB 60 million, surpassing the entire previous year's carried interest income [1] Group 2 - The investment banking business remained robust, generating approximately RMB 70 million in revenue, with transaction amounts increasing by 74.6% year-on-year [2] - Huaxing Securities reported total revenue and net investment income of RMB 130 million, a 25% increase year-on-year, with retail brokerage business revenue growing by 110% [2] - The company plans to enter the Web 3.0 and cryptocurrency asset sectors, approving a budget of USD 100 million for development over the next two years [2]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 智通财经6月18日讯（记者 王晨）"盛大的老朋友聚会啊！"面对即将召开的2025年智通财经第四届财富管理论坛，有券商财富管理人士如此赞叹。 是的，2025年智通财经第四届财富管理论坛已进入倒计时2天。 今年，智通财经再度携手华夏基金倾力打造2025年第四届财富管理论坛，以"望海笃行，财富致远"为主题，与行业掌舵者共探新形势下的发展路径。作为 论坛核心环节之一，今日正式解锁圆桌对话嘉宾阵容——由12位券商或财富管理业务掌舵者，围绕两大重磅议题展开思想碰撞。 从扬州到宁波，从苏州到珠海，智通财经与华夏基金连续携手打造财富管理交流平台，每一届都以强大的嘉宾阵容和前瞻议题设置引领行业风向，成为推 动财富管理大发展的重要力量。 今年珠海财富管理论坛，整体参会嘉宾近300位，与会高管近70位，超百位券商财富管理业务部门负责人及核心骨干出席，不仅仅因为强大的主讲与圆桌 嘉宾阵容，财富管理新老朋友的面对面交流，思想碰撞更是每届财富管理论坛的吸引所在。智通财经与华夏基金联手打造的财富管理论坛，已成为行业的 年度重磅盛会。 | | | ◆ 6月19日/星期 ...

Core Viewpoint - The appointment of Wang Lixing as Chairman and Ma Gang as General Manager of Huaxing Securities indicates a strategic focus on investment banking and wealth management, aiming to leverage market opportunities and enhance service capabilities in the new economy sector [1][2][5]. Group 1: Leadership Changes - Wang Lixing, the new Chairman, has a strong background in mergers and acquisitions, having participated in numerous high-profile transactions and IPOs since joining Huaxing Capital in 2007 [3]. - Ma Gang, with 30 years of experience in the securities industry, has been instrumental in developing digital wealth management solutions and has led significant growth in Huaxing's wealth management business since joining in 2021 [3][5]. Group 2: Business Strategy - Huaxing Securities aims to capitalize on favorable market conditions and deepen its focus on the new economy by enhancing the integration of shareholder resources and improving asset and capital matching capabilities [4][5]. - The company has established a dual-driven strategy focusing on large investment banking and wealth management, with a commitment to serving new economy enterprises and expanding its financing capabilities [5]. Group 3: Financial Performance - Huaxing Securities has experienced rapid growth in its wealth management sector, with a projected explosive growth in retail brokerage business in 2024, including a 130% increase in client numbers and over 90% growth in brokerage revenue [5]. - The company reported a total asset value of approximately 335.42 million yuan as of the end of 2023, with a workforce of 262 employees [7]. Group 4: Technological Advancements - The recent deployment of the AI model DeepSeek aims to enhance business processes and improve personalized service through intelligent analysis of customer profiles and real-time market data [6]. - The strategic focus will be on creating a digital service platform that integrates intelligent advisory, asset allocation, and investor education, thereby increasing user value [6][7].

华兴资本董事长许彦清表示："在这个充满机遇与挑战的时代，华兴证券迎来了新的发展阶段，作为 华兴资本董事长，我对新管理层表示热烈欢迎和诚挚祝贺。 华兴证券自成立以来，始终致力于为客 户提供卓越的金融服务。新管理层肩负着引领华兴证券迈向新高度的重任，我相信，在新管理层的带 领下，华兴证券将继续保持在新经济领域的领先地位，团结协作，勇于担当，在创新、风控、客户服 务等方面取得新的突破，为股东、客户和社会创造更大价值。" 华兴资本首席执行官兼华兴证券董事长王力行表示："当前，资本市场改革持续深化，利好政策频 出，A股市场呈现稳中向好态势。华兴证券将牢牢抓住市场机遇，整合股东资源，聚焦新经济领域全 生命周期服务，提升资产端与资金端的精准对接能力。同时，我们将在合规风控、科技赋能和人才培 养等核心领域夯实基础，全面提升综合服务能力。" 助力提升综合金融服务能力。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，华兴证券有限公司于2月27日宣布，经公司董事会审议通过，选举王力行出任董 事长，聘任马刚担任公司总经理。 新任董事长王力行，现任华兴证券控股股东——华兴资 ...