
Financial Performance - In 2024, the company achieved operating revenue of 20.89 billion, a year-on-year increase of 5.40% compared to 19.82 billion in 2023 [3] - The net profit attributable to shareholders reached 10.39 billion, reflecting an 18.51% increase from 8.76 billion in the previous year [3] - The net profit after deducting non-recurring gains and losses was 10.38 billion, up 18.84% from 8.73 billion in 2023 [3] - The net cash flow from operating activities was 54.73 billion, a significant increase of 101.97% compared to 27.10 billion in 2023 [3] Business Segmentation - The wealth management and institutional business accounted for the highest revenue share at 48.98%, followed by investment banking at 4.11%, investment management at 4.42%, trading and investment at 30.32%, and other businesses at 12.17% [2] - Wealth management and institutional business generated revenue of 10.23 billion, with a year-on-year growth of 2.22% [4] - Investment banking revenue was 857.64 million, down 33.75% due to a slowdown in the A-share equity financing market [5] - Investment management revenue was 924.04 million, showing a slight decrease of 0.30% [6] - The trading and investment business saw a substantial increase in revenue to 6.33 billion, up 79.14% [6] User Metrics - As of the end of 2024, the company had approximately 19.30 million active trading clients, an increase of 8.68% year-on-year [4] - The total assets under custody reached 4.27 trillion, reflecting a growth of 14.78% [4] - The company's app ranked fifth in terms of monthly active users among securities firms, with the highest average daily usage time per user [4] Executive Compensation - The total compensation for the company's directors and senior management decreased by 30.64% to 17.47 million from 25.19 million in 2023 [7] - Only three executives received salaries exceeding 2 million, with the chairman earning 2.47 million, the president 2.36 million, and a vice president 2.01 million [7]