Financial Performance - The company reported a mid-year financial performance for 2023, with a focus on the accuracy and completeness of the financial statements, which were reviewed by Deloitte[2]. - The financial report is prepared in accordance with international financial reporting standards and has not been audited[2]. - Total revenue for the first half of 2023 was RMB 15,653,551, a decrease of 1.41% compared to RMB 15,876,906 in the same period of 2022[33]. - In the first half of 2023, the company achieved total revenue of RMB 15.654 billion, a year-on-year decrease of 1.41%, while net profit attributable to shareholders increased by 10.14% to RMB 4.727 billion[45]. - The company reported a net profit of $200 million for the first half of 2023, representing a 10% increase compared to the same period last year[24]. - The net profit attributable to shareholders for the first half of 2023 was RMB 4,726,975, an increase of 10.14% from RMB 4,291,728 in the same period of 2022[33]. - The total comprehensive income for the period after tax was RMB 415,201, a significant increase of 395.81% compared to RMB 83,743 in the first half of 2022[33]. - The company's equity attributable to shareholders was RMB 118.16 billion, an increase of RMB 2.98 billion compared to the end of 2022[88]. Risk Management - The company faces various risks including regulatory changes in the securities industry, credit risk from counterparties, and market risks due to adverse market conditions[4]. - The company emphasizes the importance of risk management across its organizational structure, systems, and information technology[4]. - The company has established a comprehensive risk management framework consisting of five levels, including strategic arrangements by the board, supervision by the supervisory board, and risk management decision-making by senior management and the risk management committee[109]. - The risk management system includes various types of risks such as market risk, credit risk, operational risk, liquidity risk, reputation risk, and anti-money laundering risk, clearly defining the boundaries and general principles for each type of risk[113]. - The company has implemented a quantitative risk management indicator system that guides resource allocation towards high-risk-return businesses, enhancing overall risk management and corporate value[114]. - The company has established a three-line defense model for risk management, involving self-control by departments, professional risk management by relevant functions, and post-event supervision by audit and oversight departments[112]. - The company has set clear risk appetite and tolerance indicators, which are monitored and reported monthly, ensuring alignment with economic capital budgeting and business authorization[114]. Business Expansion and Strategy - The company has expanded its business qualifications to include oil futures market-making and nickel futures market-making, indicating diversification in trading activities[13]. - The company is actively involved in the development of new financial products, including options and futures, to meet market demands[15]. - Future outlook includes continued investment in technology and market expansion to drive growth and enhance competitive positioning[12]. - The company plans to expand its market presence by entering three new provinces in China by the end of 2023[24]. - The company has completed a strategic acquisition of a fintech startup, enhancing its digital service offerings and customer engagement capabilities[24]. - The company is investing in new technology development, with a budget allocation of approximately $50 million for R&D in 2023[24]. Client Engagement and Market Position - The company reported significant user growth, with a 20% increase in active clients year-over-year, reaching 1.2 million active clients as of June 2023[19]. - The number of active trading clients exceeded 17 million, representing a year-on-year growth of 9.97%, and the scale of entrusted client assets reached RMB 3.80 trillion, up 3.83% from the end of 2022[48]. - The company's market share in stock fund trading volume rose to 5.24%, marking a historical high, with total trading volume in the Shanghai and Shenzhen stock exchanges reaching RMB 13.06 trillion, a year-on-year increase of 2.03%[50]. - The "e-Zhao Investment" service signed approximately 50,000 clients with a cumulative signed scale of RMB 16.165 billion, reflecting a growth of 67.17% compared to the end of 2022[49]. Financial Health and Capital Structure - The registered capital remains at CNY 8,696,526,806.00, unchanged from the previous year[10]. - Net capital increased to CNY 75,473,432,495.36, up from CNY 70,444,812,948.68, representing a growth of approximately 7.3%[10]. - Total assets as of June 30, 2023, amounted to RMB 627,554,072, reflecting a 2.60% increase from RMB 611,677,015 at the end of 2022[34]. - Total liabilities increased by 2.60% to RMB 509,313,193 as of June 30, 2023, compared to RMB 496,419,932 at the end of 2022[34]. - The company's asset-liability ratio, excluding accounts payable to brokerage clients, was 76.98%, a decrease of 0.21 percentage points from the end of 2022[88]. Governance and Compliance - The company has established a robust corporate governance structure that complies with relevant laws and regulations, ensuring independent operation[171]. - The company emphasizes the importance of compliance with the Hong Kong Listing Rules to protect shareholder interests[168]. - The company has made significant changes in its board composition, with several directors taking on new roles in other companies[155]. - The company has received a total of 6,366 lawsuits from investors due to alleged false statements, with a total compensation liability of RMB 89.37 million for 6,337 investors as per the Shanghai Financial Court[190]. - The company is required to bear joint compensation responsibility of up to 25% for losses amounting to RMB 22.8 million related to two demonstration cases[190]. Social Responsibility and Environmental Impact - The company has implemented a green operation philosophy, promoting paperless office practices and energy-saving measures, resulting in significant reductions in energy consumption[177]. - The company has achieved a cumulative reduction of 2.664 million tons of carbon dioxide emissions from its renewable energy projects since their operation[176]. - The company donated RMB 357,405 to support education projects in remote areas, enhancing the quality of education for local children[184]. - The company purchased agricultural products worth RMB 1,705,800 to support rural revitalization efforts[186]. - The company has actively promoted green development concepts and conducted various activities to raise awareness about environmental protection and energy conservation[175].

Financial Performance - The company reported unaudited interim results for the six months ending June 30, 2023[1]. - Total revenue for the first half of 2023 was RMB 15,653,551 thousand, a decrease of 1.41% compared to RMB 15,876,906 thousand in the same period of 2022[34]. - Net profit attributable to shareholders for the first half of 2023 was RMB 4,726,975 thousand, representing a 10.14% increase from RMB 4,291,728 thousand in the same period of 2022[34]. - The total comprehensive income for the period after tax was RMB 415,201 thousand, a significant increase of 395.81% compared to RMB 83,743 thousand in the same period of 2022[34]. - Basic earnings per share for the first half of 2023 increased to RMB 0.51, a 10.87% rise compared to the adjusted RMB 0.46 in the same period of 2022[37]. - The weighted average return on equity rose to 4.33%, an increase of 0.34 percentage points from 3.99% in the previous year[37]. - The liquidity coverage ratio decreased to 155.46% from 210.95% in the previous year, indicating a tighter liquidity position[41]. - The company reported a significant increase in user engagement metrics, although specific figures were not disclosed in the summary[10]. Risk Management - The company faces various risks including regulatory changes in the securities industry, credit risk, market risk, operational risk, liquidity risk, and reputational risk[5]. - The company emphasizes the importance of risk management across its organizational structure, systems, and culture[5]. - The company is committed to following legal and regulatory changes to mitigate compliance risks[5]. - The company has established a comprehensive risk management framework consisting of five levels, including strategic arrangements by the board, oversight by the supervisory board, risk management decisions by senior management, and direct management by various departments and subsidiaries[111]. - The risk management system includes comprehensive risk, market risk, credit risk, operational risk, liquidity risk, reputation risk, and anti-money laundering risk, clearly defining the boundaries and general principles for each type of risk[115]. - The company has implemented a quantitative risk management indicator system that guides resource allocation towards high-risk-return businesses, enhancing risk management levels and corporate value[116]. - The company has established three lines of defense for risk management, including self-control by departments, professional risk management by relevant departments, and post-event supervision by the audit department[114]. Business Qualifications and Expansion - The company holds various business qualifications, including the market-making qualification for listed securities obtained in October 2022[13]. - The company has expanded its business qualifications to include credit risk mitigation tools and cross-border business, enhancing its service offerings[14]. - The company aims to enhance its market expansion strategies through the acquisition of new business qualifications and partnerships[14]. - The company has been actively involved in the development of new financial products, including options and futures trading capabilities[14]. - The company is focused on expanding its wealth management and investment banking services, aiming to enhance its market position and service offerings[42]. Compliance and Governance - The financial report has been reviewed by Deloitte, ensuring its accuracy and completeness[3]. - The board of directors has confirmed the authenticity and completeness of the interim report[3]. - The company is committed to maintaining compliance with regulatory standards set by the China Securities Regulatory Commission[10]. - The company has established an independent financial accounting department, maintaining a separate accounting system and financial management practices, with no shared bank accounts with the controlling shareholder[172]. - The company has received a total of 6,366 investor lawsuits related to compensation claims, with ongoing proceedings in both Shanghai and Wuhan courts[191]. Employee and Management - The total number of employees in the parent company is 11,305, while the main subsidiaries have 953 employees, totaling 12,258 employees[162]. - The company has implemented a mobile learning platform to optimize resources and functionalities for employee training[164]. - The employee stock ownership plan holds a total of 27,931,893 shares, representing 0.32% of the company's total shares, with 995 participating employees[167]. - The company launched 230 new online courses to support flexible learning needs for employees[164]. - The remuneration policy is based on benchmarking against peer companies and the completion of key operational indicators[163]. Market Position and Shareholder Engagement - The company is a member of multiple exchanges, including the Shanghai Stock Exchange and Shenzhen Stock Exchange, which supports its market presence[12]. - The company has actively engaged in investor relations activities, with over 200 interactions with investors during the reporting period[196]. - The company ranks 6th among listed securities firms in terms of total market capitalization for A+H shares as of June 30, 2023[196]. - The company has not purchased, sold, or redeemed any of its own securities during the reporting period[197]. Environmental and Social Responsibility - The company has implemented a green operation philosophy, promoting paperless offices and energy-saving measures, resulting in significant energy savings[178]. - The company has actively promoted ecological protection and pollution prevention, engaging in various initiatives to raise awareness about environmental responsibility[176]. - The company donated RMB 357,405 to support education projects in remote areas, enhancing local children's quality education[185]. - The company purchased agricultural products worth RMB 1,705,800 to support rural revitalization efforts[187]. Financial Assets and Investments - As of June 30, 2023, the company's financial assets reached RMB 333.425 billion, an increase of 8.07% compared to the end of 2022[79]. - The company invested RMB 555 million in five enterprises during the first half of 2023, with exit proceeds amounting to RMB 422 million[74]. - The total amount of guarantees provided by the company, including those to subsidiaries, is 55.58 million RMB, which accounts for 4.70% of the company's net assets[195]. - The company has provided a net capital guarantee commitment of up to 500 million RMB to招商資管, with a remaining balance of approximately 2019 million RMB as of the reporting period[195].

Financial Performance - The company's operating revenue for Q1 2023 was RMB 4,758,451,712.94, representing a 28.74% increase compared to RMB 3,696,270,114.27 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2023 was RMB 2,259,861,584.54, a 51.50% increase from RMB 1,489,516,271.33 in the previous year[3]. - The basic earnings per share for Q1 2023 was RMB 0.24, reflecting a 60.00% increase compared to RMB 0.15 in the same period last year[3]. - Operating profit for Q1 2023 was ¥2,548,238,988.59, compared to ¥1,600,676,304.00 in Q1 2022, indicating a strong performance[14]. - Net profit for Q1 2023 was ¥2,260,720,408.94, an increase of 51.1% from ¥1,496,216,827.04 in Q1 2022[14]. Cash Flow - The net cash flow from operating activities for Q1 2023 was RMB 24,723,495,747.33, an increase of 16.34% from RMB 21,250,974,414.47 in the previous year[3]. - The total cash inflow from operating activities reached RMB 46,531,969,423.93, up from RMB 31,401,209,874.13 in the same period last year, reflecting a growth of 48.2%[16]. - The net cash flow from investment activities improved significantly to ¥2,704,311,489.57 from a negative cash flow of ¥2,517,715,231.63[7]. - Cash flow from operating activities for Q1 2023 was RMB 28,998,927,289.87, compared to RMB 19,886,400,775.43 in Q1 2022, reflecting a strong operational performance[24]. - The company achieved a significant increase in net cash inflow from operating activities, totaling RMB 45,766,287,744.36 in Q1 2023, compared to RMB 26,677,807,288.63 in Q1 2022[24]. Assets and Liabilities - Total assets at the end of Q1 2023 were RMB 600,539,320,228.21, a decrease of 1.82% from RMB 611,661,880,257.89 at the end of the previous year[3]. - Total liabilities decreased to ¥482,990,750,784.37 as of March 31, 2023, down from ¥496,419,930,018.64 at the end of 2022[11]. - The company's total assets amounted to ¥600,539,320,228.21 as of March 31, 2023, down from ¥611,677,013,360.77 at the end of 2022[12]. - The total liabilities decreased to RMB 427,789,654,714.81 as of March 31, 2023, from RMB 434,357,311,998.84 at the end of 2022, a reduction of 1.3%[20]. - The company’s total assets as of March 31, 2023, were RMB 534,454,593,241.69, indicating a stable asset base[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 168,347, with the top ten shareholders holding a combined 69.65% of shares[8]. - The largest shareholder, China Merchants Financial Holdings Co., Ltd., holds 23.55% of the shares, totaling 2,047,900,517 shares[8]. Other Financial Metrics - The weighted average return on equity for Q1 2023 was 2.09%, an increase of 0.73 percentage points compared to 1.36% in the previous year[3]. - Other comprehensive income increased by 52.61% to RMB 87,642,195.56 from RMB 57,427,391.15 in the previous year[6]. - The company reported a total of RMB 14,422,330.11 in non-recurring gains and losses for the current period[5]. - The company reported a 200.31% increase in income tax expenses to ¥289,648,958.86 from ¥96,450,635.34, attributed to an increase in taxable income[7]. - Other comprehensive income after tax for Q1 2023 was RMB 130,279,225.90, compared to a loss of RMB 165,685,664.16 in Q1 2022[23].

(於中華人民共和國註冊成立的股份有限公司) 股份代號: 6099 2022 年度報告 霍達 董事長 招商證券股份有限公司 加快推進現代投資銀行轉型變革 霍達董事長2022年年報致辭 過去的2022年是喜事多、大事多的一年。黨的二十大勝利召開，北京冬奧會成功舉行，我國經濟社會大 局穩定，發展質量穩步提高。2022年也是難事多、變化快的一年。多重超預期因素衝擊下，經濟運行面臨「三 重壓力」，金融市場波動加大，股基交易量下滑。證券業短期承壓、業績回落，控風險、穩經營挑戰加大。 對招商證券而言，源於外部環境的經營挑戰並非唯一考驗。內部看，隨著公司轉型變革進入關鍵「深水 區」，抓轉型、促改革難度更大。2022年，我們保持戰略定力，持續克難前行，一方面全力穩住當期經營， 另一方面加緊加力深化戰略轉型。全年經營體現出三點：一是「基本盤」穩固，領先業務優勢保持。財富管理 和機構業務保持優勢競爭地位，代理買賣證券業務淨收入（含席位租賃，母公司口徑）排名穩居行業前三；私 募基金產品托管數量市場份額連續九年保持行業第一。二是資產質量持續優良，風險可控。持續提升「全覆 蓋、可監測、能計量、有分析、能應對」五種風險管理能力，有序化解多 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容 而產生或因依賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6099） 截至2022年12月31日止年度之業績公告 招商證券股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司及其附屬公司 （「本集團」）截至2022年12月31日止年度之經審計業績。本公告載列本公司2022年年報重 要部分，並符合香港聯合交易所有限公司證券上市規則中有關年度業績初步公告附載的 資料的要求。 董事會下屬審計委員會已審閱本集團截至2022年12月31日止年度之年度業績。 刊登年度業績公告及年報 本業績公告將於香港聯合交易所有限公司網站(www.hkexnews.hk)及本公司網站 (http://www.cmschina.com)刊登。 本公司將適時向H股持有人寄發本公司2022年年報，並在本公司網站及香港聯合交易所 有限公司網站刊載。 ...

（於中華人民共和國註冊成立的股份有限公司） 中期報 告 2022 二零二二年中期報告 重要提示 一、 本公司董事會、監事會及董事、監事、高級管理人員保證中期報告內容的真實性、準確性、完整性，不 存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 二、 公司全體董事出席董事會會議。 三、 本中期報告未經審計。 四、 公司負責人霍達、主管會計工作負責人吳慧峰及會計機構負責人（會計主管人員）王劍平聲明：保證中期 報告中財務報告的真實、準確、完整。 五、 董事會決議通過的本報告期利潤分配預案或公積金轉增股本預案 無。 六、 前瞻性陳述的風險聲明 本報告所涉及的未來計劃、發展戰略等前瞻性陳述，不構成公司對投資者的實質性承諾，請投資者注意 投資風險。 七、 本公司不存在被控股股東及其關聯方非經營性佔用資金情況。 八、 本公司不存在違反規定決策程序對外提供擔保的情況。 九、 本公司不存在半數以上董事無法保證公司所披露中期報告的真實性、準確性和完整性的情况。 1 招商證券股份有限公司 連續Heading 請取消段前 tablea最底 沒有白線!!! 文字table有 專用儲存格樣式 重要提示 十、 本公司以中英 ...