Nanjing Securities (601990) investor relations material

Executive summary

• Achieved revenue of ¥2.81 billion, up 2.83% year-over-year; net profit attributable to shareholders reached ¥1.08 billion, up 7.59% year-over-year; weighted average ROE was 5.97%, up 0.27 percentage points.

• Total assets at year-end were ¥91.22 billion, up 30.75% from the previous year; shareholders’ equity attributable to the parent was ¥23.04 billion, up 28.90%.

• Completed a targeted A-share issuance, raising ¥4.9 billion and increasing total share capital to 4.40 billion shares.

Financial highlights

• Revenue: ¥2.81 billion (+2.83% YoY); net profit: ¥1.08 billion (+7.59% YoY); EPS: ¥0.29 (+7.41% YoY).

• Net cash from operating activities: -¥3.32 billion (down from +¥2.99 billion last year); net cash from financing: +¥11.11 billion (+363.32% YoY).

• Total assets: ¥91.22 billion (+30.75% YoY); total liabilities: ¥67.83 billion (+31.60% YoY).

• Cash dividend payout ratio: 49.76% of net profit; total cash dividends for the year: ¥536 million.

Outlook and guidance

• Strategic goal to become a leading domestic investment bank with a focus on comprehensive financial and wealth management services.

• Plans to enhance core competitiveness, expand business scale, and strengthen risk management and compliance.

• Will continue to invest in technology, talent, and product innovation to support high-quality growth.