CICC appoints new president, declares interim dividend, reports strong H1 results

CICC has nominated Mr. Wang Shuguang as executive director and appointed him president, effective August 29, 2025. This change addresses the previous deviation from corporate governance code where Mr. Chen Liang temporarily held both chairman and president roles.

Concurrently, the company announced an interim cash dividend of RMB0.90 per 10 shares (tax-inclusive) for the six months ended June 30, 2025, totaling RMB434,453,118.12 (tax-inclusive). This profit distribution plan is subject to shareholder approval.

CICC's unaudited interim results for the six months ended June 30, 2025, show total revenue and other income of RMB18,709.5 million, a 25.6% increase from the same period of 2024. Profit attributable to shareholders of the parent company rose 94.4% to RMB4,330.2 million, compared to RMB2,228.1 million in 2024.