Nanjing Securities Co Ltd

Nanjing Securities released its 2026 interim report, with total operating revenue of 1.826 billion yuan, up 18.89% year-on-year, and net profit attributable to the parent company of 796 million yuan, up 28.16% year-on-year, marking a fourth consecutive year of growth. Net cash flow from operating activities was negative 460 million yuan, an improvement of 243 million yuan compared with the same period last year. The company's asset-liability ratio was 73.93%, ranking fifth among peers, down 0.90 percentage points from the previous quarter. ROE was 3.41%, up slightly by 0.02 percentage points year-on-year; diluted earnings per share were 0.18 yuan, up 5.88% year-on-year. The number of shareholders was 102,000, and the top ten shareholders held 51.72% of the total share capital.

Nanjing Securities disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 1.826 billion yuan, up 18.89% year on year, and net profit attributable to shareholders of the listed company of 796 million yuan, up 28.16% year on year. Among segments, securities and futures brokerage revenue was 881 million yuan, up 28.66% year on year; securities investment revenue was 1.082 billion yuan, up 10.12% year on year; investment banking revenue was 75 million yuan, down 7.21% year on year; and asset management and investment management revenue was 52 million yuan, up 60.62% year on year. The company's performance growth was mainly driven by increased market trading activity and the steady performance of proprietary investment business. In addition, in August 2026 the company received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors with a total face value of no more than 20 billion yuan. It had previously completed a private placement in December 2025, raising net proceeds of about 4.897 billion yuan. For the interim period, it plans to distribute a cash dividend of 0.50 yuan per 10 shares before tax, totaling about 220 million yuan. At the controlling shareholder level, the Nanjing State-owned Assets Supervision and Administration Commission plans to inject its equity stakes in Urban Construction Group, Transportation Group, and Southeast Group into a state-owned capital group. After completion, the state-owned capital group's indirect control of the company's shares will increase from 28.83% to 39.11%, while the actual controller and controlling shareholder remain unchanged.

Shares of Nanjing Business and Tourism surged to the daily limit just 30 seconds after opening higher on the morning of August 21, securing a second consecutive limit-up session. Earlier, on the evening of August 19, Nanjing Business and Tourism, Nanjing Public Utilities, Nanjing Securities, and several other listed companies announced that the Nanjing State-owned Assets Supervision and Administration Commission had injected equity stakes in certain industrial groups, held by the commission, as capital into Nanjing State-owned Assets Investment Management Holdings Group. The assets injected are valued at nearly 500 billion yuan. Upon completion of the equity injection, Nanjing State-owned Assets Group will become a significant holder of the above listed companies on a look-through basis.

On the evening of August 19, several listed companies on the Shanghai and Shenzhen stock exchanges released important positive announcements. Advanced Micro-Fabrication Equipment plans to invest 3.5 billion yuan to build the second phase of its Lingang industrialization base, and disclosed first-half net profit of 2.825 billion yuan, up 300.22 percent year on year. Nanjing Securities' state-owned assets group will see its indirect shareholding rise from 28.83 percent to 39.11 percent. Sieyuan Information signed a high-performance computing power service sales contract worth 6.45 billion yuan, equivalent to 311.11 percent of its 2025 annual revenue. Hunan Yuneng's first-half net profit was 2.91 billion yuan, up 853.51 percent year on year; Kingsoft Office's first-half net profit was 2.518 billion yuan, up 236.94 percent; Hengli Petrochemical's first-half net profit was 7.206 billion yuan, up 136.25 percent, already surpassing its full-year 2025 level. In addition, Litong Electronics plans to raise no more than 5 billion yuan through a private placement for an intelligent computing center construction project, and Hunan Gold plans to adjust its major asset restructuring and will suspend trading starting August 20.