Guotai Junan Published First Semi-Annual Report after Its H-Share IPO: Significant Growth Achieved in Institutional Finance and International Business

SHANGHAI, Aug. 31, 2017 /PRNewswire/ -- On August 25, Guotai Junan Securities CO., Ltd. released the first semi-annual report after its IPO at Hongkong Stock Exchange. According to the report, in the first half of 2017, the operating income of Guotai Junan (Group) reached RMB 11.104 billion, ranking the 3rd in the industry, and the net profit attributable to shareholders of the parent company stood at RMB 4.756 billion, ranking the 2nd place in the industry, and earnings per share was RMB 0.56. Among all the major business sectors, the income attributable to institutional finance and international business rose significantly, by 35.31% and 20.98% respectively.

The report noted that the Group's operating income and net profit attributable to the shareholders of the parent company fell over the same period of previous year, mainly resulted from the transfer of shares from Haiji Securities. If deducting this investment earnings, the Group's operating income and net profit attributable to the parent company's shareholders should increase by 1.35% and 19.87% respectively over the same period.

In addition, in the first half of the year, Guotai Junan maintained its leading position in its business sectors including institutional finance, personal finance and investment management, in terms of key financial data. With the successful completion of the IPO at Hongkong Stock Exchange and the issue of A-Share convertible bonds, together with the strengthening of risk compliance management, the company's strategic planning is progressing steadily. So far, the company has achieved Class A Grade AA regulatory rating in the securities industry for 10 consecutive years. In 2017, Standard & Poor has upgraded its credit rating to BBB+; Moody maintains the Baa1 rating and has upgraded its expectation to "stable".

* The financial data of Guotai Junan mentioned here are based on China GAAP.