Dongxing Securities' H1 2025 net profit up 42%; outlines growth and auditor reappointment

Dongxing Securities reported a net profit attributable to shareholders of 818.9 million yuan for the first half of 2025, a 42.12% increase from the prior year. Total assets rose to 108.89 bn yuan. The company plans a cash dividend of 0.076 yuan per share, totaling 245.67 million yuan, representing 30% of its first-half net profit. Dongxing's "Improving Quality and Efficiency, Heavy Returns" action plan for 2025 focuses on strengthening governance, developing core businesses, optimizing dividend policy, and enhancing investor returns.

The company will continue to deepen its financial technology layout, serving new productive forces and strategic emerging industries. It plans to issue a 1 bn yuan 2025 first-tranche tech innovation corporate bond and a 2 bn yuan 2025 first-tranche corporate bond. Meanwhile, new accounting treatment for standard warehouse receipt transactions will retroactively adjust 2024 revenue and costs by 2.878 bn yuan but will not impact net profit, net assets, or total assets.

Dongxing Securities also announced the proposed reappointment of KPMG Huazhen LLP as its auditor for 2025, following approval by the audit committee and board of directors. The audit fee for 2025 will be 1.57 million yuan, consistent with 2024, with 1.32 million yuan for annual report audit and 0.25 million yuan for internal control audit. This reappointment is pending approval at the company's general meeting of shareholders.