永安期货官宣新任董事长，前三季度净利润同比减少25.04%

Leadership Changes - Huang Zhiming has been elected as the new Chairman of Yongan Futures, effective immediately, and will also serve as the legal representative and Chairman of the Strategic Development Committee [1] - Huang Zhiming, born in 1976, holds a postgraduate degree from the Central Party School and is a senior economist with extensive experience in financial institutions including Zhejiang Financial Holding Co, Ltd, Zheshang Bank, and Caitong Securities [1] - Huang Zhiming's salary for 2023 is RMB 2.8 million, a 19.15% increase from the previous period [1] Financial Performance - In Q3 2024, Yongan Futures reported revenue of RMB 6.563 billion, a 3.86% YoY decrease, and net profit of RMB 111 million, a 24.17% YoY decrease [2] - For the first three quarters of 2024, the company achieved revenue of RMB 18.673 billion, a 0.63% YoY decrease, and net profit of RMB 419 million, a 25.04% YoY decrease [2] - Net income from fees and commissions was RMB 379 million, a 34.88% YoY decrease, while net interest income was RMB 371 million, a 23.51% YoY decrease [2] - Other income, including risk management and overseas financial services, was RMB 17.347 billion, a slight 0.69% YoY decrease [2] Business Strategy and Development - Yongan Futures plans to establish a Network Finance Department to enhance financial technology applications, expand brokerage channels, and improve digital research capabilities [2] - The company aims to integrate service systems, strengthen brokerage business management platforms, and drive the transformation and upgrading of business units [2] - Risk management business remains a key driver of performance, with H1 revenue of RMB 11.299 billion and operating profit of RMB 114 million, ranking among the industry leaders [3] - Overseas financial services, primarily through New Yongan Financial Holdings, generated H1 revenue of RMB 301 million and operating profit of RMB 69.9729 million, a 9.74% YoY increase [3] Overseas Expansion - New Yongan Financial Holdings is currently focused on Hong Kong, holding most of its regulated activity licenses there, but is considering expanding to other countries with cost-effective licenses that better meet customer needs [4] Shareholder Returns - Yongan Futures announced a semi-annual cash dividend of RMB 0.05 per share (tax inclusive), totaling RMB 72.78 million [1]