China Pioneer Securities' net profit attributable to parent company reached 1.056 billion yuan

By Reporter Zhou Shangyu

On the evening of March 20, Chuang Securities disclosed its 2025 annual report, becoming the first listed broker in the A-share market to deliver its 2025 operating results, officially opening the performance disclosure season for A-share listed brokers in 2025.

The annual report shows that in 2025, Chuang Securities achieved operating revenue of 2.528 billion yuan, a year-on-year increase of 4.58%; net profit attributable to shareholders of the parent company was 1.056 billion yuan, up 7.26% year-on-year. The asset size also expanded accordingly. As of the end of 2025, Chuang Securities’ total assets reached 52.379 billion yuan, an 11.79% increase from the end of 2024.

Relying on a clear development strategy, in 2025, Chuang Securities focused on deepening its core businesses, with four major business segments working together to strengthen advantages continuously.

In wealth management, in 2025, Chuang Securities intensified business expansion efforts, with notable results across multiple areas. The total trading volume of stocks and funds代理交易 was 10.7186 trillion yuan, a 61.54% increase from 2024; the margin financing and securities lending (two-finance) business balance at the end of the year was 3.783 billion yuan, up 30.9% from the end of 2024; the total number of clients exceeded 870,000, and the monthly active users of the Tomato Wealth App increased by 31.37%; revenue from investment advisory services saw a significant increase, demonstrating effective business transformation.

In asset management, Chuang Securities accelerated its shift toward multi-asset and multi-strategy management, with steady growth in management scale. By the end of 2025, the company’s asset management scale (including investment advisory) surpassed 200 billion yuan, a 35.64% increase year-on-year; net asset value of investment advisory and equity products grew rapidly, with the asset management product maturity structure continuously optimized.

In investment business, in 2025, Chuang Securities strengthened its investment research capabilities, playing a “ballast stone” role in performance. Fixed income investment and trading revenue grew rapidly for five consecutive years; the equity investment business showed clear results of de-directionalization, with a stable high-dividend strategy; alternative investments keenly seized opportunities in the New Third Board and Beijing Stock Exchange, achieving good investment returns.

In investment banking, in 2025, Chuang Securities ranked among the top in several niche areas. The underwriting scale of debt financing increased significantly, with industry rankings and revenue reaching record highs. As a capital city state-owned broker, Chuang Securities based its foundation on “the capital,” focusing on the Beijing market, and committed to serving the city’s “Four Centers” functions, achieving both quantity and quality improvements in financial services for local enterprises. In 2025, the company helped Beijing enterprises raise 25.6 billion yuan through direct financing, supporting innovation and industrial upgrading; focusing on the opportunities brought by reforms at the Beijing Stock Exchange and the New Third Board, it provided continuous supervisory services to 30 listed companies in the region.

During the “14th Five-Year Plan” period, Chuang Securities’ revenue and profitability continued to advance, its market position steadily rose, and core business capabilities were upgraded. Compared to the end of the “13th Five-Year Plan,” the company’s operating income increased by 52.50%, total profit by 61.25%, net profit by 72.75%, and owner’s equity by 53.9%. Since its listing, the weighted average return on net assets has grown year by year, reaching 7.78% in 2025. Notably, in 2025, the company’s operating performance hit a new high, with total assets surpassing 50 billion yuan and owner’s equity approaching 13.8 billion yuan.

Chuang Securities stated that during the “14th Five-Year Plan,” facing a complex macro environment and profound industry changes, the company actively seized market opportunities, effectively responded to the impact and challenges brought by the historic decline in market interest rates across various businesses, maintained steady growth in performance, and steadily enhanced capital strength, successfully concluding the “14th Five-Year Plan” with a positive outcome. In 2025, the company further consolidated reform consensus, centered on the “Five Major Articles” of finance and serving Beijing, and made strategic plans around “reform, transformation, innovation, and collaboration,” achieving outstanding results across all areas.

Looking ahead to 2026, Chuang Securities has clarified its development direction, firmly adhering to the overall tone of “scaling up, system upgrading, and comprehensive development,” maintaining the main line of “reform, transformation, innovation, and collaboration,” leading with asset management, using investment business as the engine and foundation, and supporting investment banking and wealth management, to build a first-class state-owned broker with characteristics of the capital city and advantages in technological innovation.