First Capital Securities proposes governance changes amid strong Q3 growth

First Capital Securities' Q3 2025 report reveals strong financial performance, with total operating revenue increasing by 31.48% to 1,152,979,132.84 yuan and net profit attributable to shareholders rising by 18.23% to 285,146,777.90 yuan. This growth is primarily attributed to increased financial instrument investment income and brokerage business net income during the period.

Concurrently, the company is implementing substantial governance reforms. The board of directors has approved revisions to the articles of association, the rules of procedure for shareholders' meetings, and the rules of procedure for board meetings, which will be submitted to the shareholders' meeting for approval. A key change includes the proposed abolition of the supervisory board. The supervisory board has also approved its own dissolution and the repeal of related regulations, which will be subject to shareholder approval.

These proposed amendments aim to streamline governance structures, update compliance with new laws and regulations, and clarify operational procedures, reflecting the company’s commitment to robust oversight and efficiency.