Beijing (SZ:300803)2024-03-18 11:15Group 1: Financial Performance - In 2023, Maigao Securities achieved operating revenue of CNY 206 million, a year-on-year increase of 244.97% [2] - Net income from commission and fee revenue was CNY 91.70 million, up 161.32% compared to the previous year [2] - Interest income reached CNY 34.23 million, reflecting a growth of 103.42% year-on-year [2] - Proprietary trading investment income amounted to CNY 69.52 million, a significant increase of 450.13% from the previous year [2] - The net profit for the year was CNY 5.93 million, marking the first year of operational profit post-acquisition [2] Group 2: Capital Increase and Investment - The funds raised from the recent capital increase will be fully invested in Maigao Securities to enhance its capital strength and improve its capital structure [3] - The capital increase aims to support the development of various business lines, including securities brokerage [3] Group 3: Product Development and Employee Growth - In 2023, the company focused on upgrading its product offerings, completing iterations of the QuanYing series from free to intelligent Alpha versions, enhancing user experience [3] - The company improved its real-time market data and deep data mining capabilities, launching features like Level-2 rapid market data [3] - As of 2023, Maigao Securities expanded its workforce to support the orderly development of its brokerage and proprietary trading businesses [3] Group 4: Revenue Recognition Policies - The company’s financial information service revenue is recognized based on a prepayment model, with initialization fees recognized upon software authorization and maintenance fees recognized over the service period [3]