Sealand Securities reports asset impairment reversal, invests in subsidiary

Sealand Securities reported a net reversal of asset impairment provisions totaling 54.65 million yuan for the period from April to September 2025, which is projected to increase its total profit by 54.65 million yuan and net profit by 40.99 million yuan for the same period. For the first nine months of 2025, the company’s aggregate asset impairment reversal reached 124.14 million yuan, boosting total profit by 124.14 million yuan and net profit by 93.11 million yuan. This includes a 63.35 million yuan reversal on buy-back financing assets and an 8.70 million yuan provision on other assets.

Concurrently, the company announced a capital increase of 500 million yuan into its wholly-owned subsidiary, Guohai Securities Investment Co., Ltd., aimed at strengthening its capital and competitive edge. This move, approved on October 30, 2025, is expected to enhance Sealand Securities' overall financial strength and support the subsidiary's alternative investment operations.

In other developments, a director resigned on October 29, 2025, and the company updated its dividend policy, external financial assistance, and risk management guidelines. The updated dividend policy maintains a consistent and stable approach to shareholder returns, with cash dividends representing at least 10% of distributable profits annually, unless exceptional circumstances related to risk control indicators arise.