Core Viewpoint - Nanjing Securities reported steady growth in net profit for the first half of 2025, building on last year's performance, while enhancing its professional capabilities and seeing positive developments across multiple business lines [1][2]. Group 1: Financial Performance - In the first half of 2025, Nanjing Securities achieved significant growth in new account openings, stock fund agency trading volume, and the scale of client wealth management products [1]. - The company’s securities investment business improved its research capabilities, optimizing asset allocation and exploring high dividend strategies, resulting in favorable investment returns [1]. Group 2: Business Development - Nanjing Securities focused on enhancing its functional role in supporting the real economy, successfully facilitating the issuance of innovative bonds and strengthening its business layout in various debt sectors [2]. - The company’s subsidiary, Jushi Venture Capital, launched Nanjing's first talent sub-fund to provide long-term financial support for technology enterprises [2]. Group 3: Investor Relations - Nanjing Securities maintains a consistent and proactive profit distribution policy, with a planned cash dividend for 2024 amounting to 47.11% of the net profit attributable to shareholders [2]. - The company is committed to investor education and protection, actively engaging in initiatives to safeguard investor rights [2]. Group 4: Strategic Direction - Nanjing Securities aims to embody the principles of Chinese financial culture, prioritizing financial services for the real economy and aspiring to become a leading investment bank [3].

Core Viewpoint - 2024 marks a significant year for the standardization of ESG and sustainable development information disclosure in China, with new guidelines and regulations being implemented across various financial institutions and exchanges [1][4]. Group 1: Regulatory Developments - The China Securities Regulatory Commission has unified the deployment of sustainable development report guidelines for listed companies, while the Ministry of Finance and nine other ministries have released the "Corporate Sustainable Disclosure Standards - Basic Standards (Trial)" [1]. - The Hong Kong Stock Exchange has introduced further requirements for climate-related disclosures for listed companies, effective from the 2025 fiscal year [3]. Group 2: Company Initiatives - Dongfang Securities has released its 2024 Sustainable Development Report, which aligns with new regulations from the Shanghai Stock Exchange and anticipates the Hong Kong Stock Exchange's climate disclosure requirements [2]. - The report employs a dual materiality analysis to identify and assess the importance of ESG issues, enhancing the utility of the disclosed information for stakeholders [2]. Group 3: Financial Contributions - In 2024, Dongfang Securities has actively contributed to national strategies through various financial services, including underwriting technology innovation bonds worth 16.164 billion yuan and green bonds totaling 9.028 billion yuan [5]. - The company has also supported small and micro enterprises with a total of 2.633 billion yuan in financing and has provided personalized pension services to over 50,000 individuals [5]. Group 4: Sustainable Development Goals - Dongfang Securities has guided over 470 billion yuan into sustainable development sectors from 2021 to 2024, with an annual growth rate of over 10% in sustainable financing [7]. - The company has reduced its Scope 1 and Scope 2 greenhouse gas emissions by 3,263.72 tons of CO2 equivalent compared to the baseline year of 2021 [7]. Group 5: Recognition and Ratings - Dongfang Securities has maintained an AA rating from MSCI ESG, ranking in the top 24% globally among peers, and has significantly exceeded the industry average in the S&P CSA score [8]. - The company has been included in various prestigious ESG rankings and has achieved the highest rating of "four and a half stars" among securities firms [8].