Guotai Junan International (01788) announces annual financial results, with a net profit attributable to shareholders of HK$1.345 billion, an increase of 286.84% year-on-year.

Guotai Junan I (01788) released its annual performance as of December 31, 2025. The company achieved a revenue of 6.23 billion Hong Kong dollars, an increase of 40.9% year-on-year; net profit attributable to ordinary shareholders was 1.345 billion Hong Kong dollars, an increase of 286.84% year-on-year; earnings per share were 14.1 Hong Kong cents; a final dividend of 0.02 Hong Kong dollars per share is proposed. The announcement stated that the investment banking business achieved its best performance in history during the year, with revenue and scale growing significantly, maintaining a leading position in the industry rankings. The Wealth Management 2.0 strategy was successfully implemented, highlighting the advantages of comprehensive product and service capabilities, explosive growth in on-and-off exchange product scale, becoming one of the main sources of commission income, and a substantial increase in services for high net worth clients and inclusive finance. In 2025, the group fully promoted the implementation of Wealth Management 2.0 strategy, adhering to the development direction of "customer demand as the core, customized services as the feature, and digital capabilities as the support", completing the comprehensive upgrade of "platform + product". By using big data, financial technology, and other technologies to accurately analyze the asset allocation needs of different customers, the group provides personalized allocation recommendations to customers, matches products for customers in a comprehensive system covering equities, bonds, funds, and financial products, perfecting the full lifecycle service loop for customers. Especially for professional investors and family offices, the group precisely matches products around their core needs such as global allocation, risk hedging, stable value growth, and wealth inheritance. Off-exchange (OTC) product trading saw rapid growth during the year, becoming one of the main sources of commission income, with structural notes and OTC options commissions both increasing by over 100% year-on-year, and product trading volume growing by over 50% compared to 2024, with the number of customer participants increasing by approximately 50%, becoming a core pillar and important growth engine for the high-quality development of the group's wealth management business. At the same time, the group actively promotes technology finance and inclusive finance, utilizing artificial intelligence and big data to complete the digitalization upgrade of the trading platform, the "Junhong Global Com" application has seen a significant increase in active users, driving the continuous increase in customer assets under custody. In 2025, the group's asset management business achieved double growth in scale and revenue, with an asset management scale increasing by 49% year-on-year and profits doubling. The annualized return of Class I investment-grade bond funds reached 8.96%, ranking among the top in the same industry; the annualized return of Class A2 US dollar money market funds also reached approximately 4.38%, ranking stably in the top tier of similar products. In 2025, the group participated in a total of 294 overseas bond issuance projects, with a total issuance scale of approximately 522.1 billion Hong Kong dollars, an increase of 34% year-on-year. Among them, the group served as the lead underwriter for 140 projects, accounting for approximately 52% of the total issuance amount. According to data from the DMI Bond Platform of China Securities Credit Technology Co., Ltd., the group's primary underwriting scale of offshore bonds ranks third among Chinese securities firms, and the primary underwriting scale of offshore bonds among Chinese securities firms ranks second. The group's clients include large state-owned enterprises, financial institutions, local governments, and various types of bond issuers, maintaining a leading position in the industry. In addition to traditional businesses, the group has been proactive and in September 2025, as the exclusive global coordinator, successfully assisted the Bank of Mongolia in issuing a 200 million US dollar, 3-year bond, participating in an overseas bond financing project of a non-major China-related issuer for the first time.