Guotai Haitong Securities announces interim dividend, new accounting policies

Guotai Haitong Securities announced a 2025 interim profit distribution of RMB 0.15 cash dividend per 10 shares (pre-tax) to A-share and H-share holders, as approved on August 29, 2025. The total cash dividend is projected to be RMB 2,627,043,424 (pre-tax), representing 16.69% of the first-half net profit attributable to the parent company (36.09% excluding non-recurring gains/losses). This calculation is based on the total share capital, minus repurchased shares. The company has also repurchased its A-shares worth RMB 1,210,734,497 (excluding transaction costs), which is considered part of the cash distribution.

The board also approved changes to accounting policies, adopting new guidance on standard warehouse receipt transactions effective January 1, 2025. This involves reclassifying frequent buy-sell standard warehouse receipt transactions as financial instruments, impacting investment income, other operating income, and other operating costs. The adjustments are retroactively applied to the 2024 semi-annual financial statements, but do not affect total assets, net assets, total profit, or net profit for the period.

Furthermore, Guotai Haitong Securities will host a 2025 semi-annual performance briefing on September 12, 2025, from 10:00-11:00 AM (Beijing time) via online interaction on the Shanghai Stock Exchange Roadshow Center. Investors can submit questions in advance via email until September 11, 2025, at 4:00 PM (Beijing time).