Citic Securities AR2025 
2025 was a crucial year marking the successful conclusion of the “14th Five-Year Plan” period and the laying of overall plans for the “15th Five-Year Plan” period. Facing new opportunities and challenges in the high-quality development of the capital markets, CITIC Securities remained steadfast in its founding mission of serving the nation and the people through finance. Anchored by the goal of building a world-class investment bank and investment institution, the Company has diligently advanced all aspects of its operations and management. Annual operating performance reached a historic high, various businesses maintained industry leadership, asset scale and profit level further improved, domestic and international business structures continued to optimize, and the Company’s core competitiveness, market leadership, and risk resilience steadily strengthened.
CITIC Securities Company Limited Chairman
ZHANG Youjun
Total revenue and other income
Net profit attributable to owners of the parent
Total Assets
Equity attributable to owners of the parent
Return on weighted average equity
Gearing ratio
Technology Finance
Green Finance
Inclusive Finance
Pension Finance
Digital Finance
Investment Banking
A-share equity underwriting size of RMB270,646million
Domestic bond underwriting size of RMB2,209,462million
H-share equity underwriting size of US$7,549million
Chinese offshore bond underwriting size of US$5,346million
Wealth Management
Retention scale of financial products exceeded RMB 800 billion
Launched wealth management brand
the 
Over 17 million clients accumulated,
up 10%
from year-end
Clients‘assets under custody exceeded RMB15 trillion,
up 24%from year-end
Institutional Equity
Market share of A-share and H-share trading volume by mutual funds reached 7.65%
WIND's mutual funds commission allocation ranking remains
N0. 1 in the market
Trading volume from QFII increased by 162.7% year-on-year
Financial Markets
Equity Derivatives Business maintained a broad client base, diverse product offerings, strong trading capabilities, and relatively stable revenue
FICC Business continuously enhanced trading capabilities across bonds, foreign exchange, commodities, and a broad range of FICC derivatives
Prime Service Business drove a steady growth in global market share by promoting comprehensive service transformation and business innovation
Equities and Alternative Investment Business built a platform-based system, progressively optimize portfolio allocation in the equities market
Asset Management
Total AUM of the Company and
CITIC Securities AM reached
RMB1,761,541 million,
up 14.20% from year-end
ChinaAMC's AUM reached
RMB3,014,484 million,
up 22.31% from year-end
Custody
Number of asset management products for which the Company provided asset custody services reached 13,848
Number of asset management products for which the Company provided fund administration services reached 16,082
Equity investment
CITIC Securities Investment invested in high-quality projects within strategic emerging industries to leverage entire chain for comprehensive financial services
CITIC Goldstone has added merger and acquisition strategy, launched M&A funds, and completed the filing of new funds totaling RMB11.05 billion
Research
Continuously expand coverage of corporate and institutional clients, consolidate the leading advantage
Deepened integrated domestic-overseas business operation, comprehensively strengthening the Company’s global brand influence
Promoted the efficient and smooth two-way conversion of research products and two-way delivery of research services
2025 Interim and Annual Profit Distribution:
Total cash dividends per 10 Shares: RMB7.00 (tax inclusive)
Total cash dividends: RMB10,374million (tax inclusive)
Total cash dividends represent 35.73% of net profit attributable to ordinary shareholders of the Company.
