Group 1: Brokerage Business and Internet Development - The company's brokerage business market share for stock-based transactions is 2.75% of the total market, with continuous improvement in client account numbers and quality [2] - The company emphasizes both new and existing clients, particularly leveraging internet methods to enhance operational efficiency and transform offline outlets [2] - There will be increased investment in digital operations to meet diverse client needs [2] Group 2: Wealth Management Ecosystem - For individual clients, the company has established a professional investment advisory team and various wealth management service brands, enhancing product offerings and quality [2] - For institutional clients, the company provides customized comprehensive financial services, addressing their investment pain points through an integrated service platform [2] Group 3: Proprietary Investment Business - The company employs a major asset allocation strategy to manage investments, utilizing stocks, bonds, derivatives, convertible bonds, and funds to mitigate volatility and market risks [3] - The focus is on dividend investment, value growth investment, and discount protection investment strategies, with a strong emphasis on stable fixed-income investments [3] - The derivatives business is conducted with a focus on compliance and risk control, aiming for high-quality development [3] Group 4: Acquisition of Wanhe Securities - The acquisition of Wanhe Securities has been approved by the Shenzhen Stock Exchange's merger and reorganization review committee, pending completion of registration and other procedures [4] - Post-acquisition, the company aims to leverage Wanhe Securities' advantages in cross-border asset management within the Hainan Free Trade Port [4] Group 5: Investment Banking Development Strategy - The investment banking division focuses on core responsibilities, enhancing professional capabilities, and increasing the scale of equity financing projects [4] - There is a push for business innovation, particularly in mergers and acquisitions, Hong Kong stock business, and technology innovation bonds [4] - Long-term planning is emphasized to develop an industrial investment banking model and enhance service capabilities for technology enterprises [4]

Economic Overview - The domestic economy is expected to operate steadily with a GDP growth of 5% in 2024, reflecting a significant recovery in social confidence [3] - The industry revenue is projected to grow by 11.2% year-on-year, while net profit is expected to increase by 21.3% [25] Company Performance - Guosen Securities has maintained steady development across its main business areas, reinforcing a stable growth trend [5] - The company’s total assets reached 5,015 billion yuan in 2024, up from 4,630 billion yuan in 2023 [27] Retail Business - The retail business has established a professional investment advisory team of nearly 3,700 members, providing comprehensive wealth management services [7] - The company’s brokerage business client custody assets exceeded 24 trillion yuan, marking an 11% increase from the previous year [7] - The market share in equity funds increased by 14% to 2.75% [7] Institutional Business - Institutional client trading volume and market share in equity funds reached historical highs [8] - The company has enhanced support for the real economy through various services, including special trading commissions and asset allocation [10] Research and Capital Intermediation - The research department has strengthened its professional capabilities, enhancing market position and internal collaboration [12] - The financing and securities lending balance grew by over 20% year-on-year [12] Financial Performance - Operating revenue for 2024 is projected at 201.7 billion yuan, up from 173.2 billion yuan in 2023 [24] - The net profit attributable to shareholders is expected to reach 82.2 billion yuan in 2024, compared to 64.3 billion yuan in 2023 [24] - Return on equity (ROE) is anticipated to rise to 8.23% in 2024, up from 6.57% in 2023 [24] Asset Management - The asset management subsidiary has been established to enhance professional operations and achieve high-quality development [18] - The company ranks third in the industry for newly added public fund custody products [12] Future Outlook - Guosen Securities aims to continue its commitment to high-quality development and contribute to the construction of a strong financial nation, aligning its operational achievements with economic and social development goals [21]

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！ 证券代码：002736 证券简称：国信证券 公告编号：2025-020 第一节 重要提示 本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投资者 应当到中国证监会指定媒体仔细阅读年度报告全文。 本年度报告摘要经公司第五届董事会第四十次会议（定期）审议通过。所有董事均已出席了审议本报告 的董事会会议。未有董事、监事、高级管理人员对本报告提出异议。 公司2024年度财务报告已经容诚会计师事务所（特殊普通合伙）审计，并出具了标准无保留意见的审计 报告。 经公司第五届董事会第四十次会议（定期）审议通过的利润分配预案为：以2024年12月31日总股本 9,612,429,377股为基数，向全体股东每10股派发现金红利3.50元（含税），不进行送股或以公积金转增 股本。 一、公司简介 2024年，党的二十届三中全会就进一步全面深化改革、推进中国式现代化作出全面部署，为经济长期向 好注入强劲动力。在国内经济转型升级、金融市场改革深入推进的新形势下，随着新"国九条"出台和资 本市场"1+N"政策体系逐步落地，各方预期 ...