Northeast Securities maintains AAA credit rating, strong growth in 2025

China Lianhe Credit Rating Co., Ltd. has maintained Northeast Securities Company Limited's long-term credit rating at AAA and its "25 Northeast D3" short-term corporate bond rating at A-1, with a stable outlook. This reflects the company's strong capital position, excellent capital adequacy, and overall sound liquidity. As of September 2025, Northeast Securities reported total assets of yuan 1,100.58 bn and owner's equity of yuan 204.31 bn. The company's net capital reached yuan 161.17 bn, demonstrating strong capital strength.

In the first three quarters of 2025, the company achieved total operating revenue of yuan 3.86 bn and a significant increase in net profit year-on-year. This performance was driven by robust growth in wealth management and securities investment businesses. Despite total debt reaching yuan 407.60 bn as of year-end 2024, with a predominantly short-term structure, the company's liquidity coverage ratio stood at 183.15% by September 2025, indicating strong liquidity management.

The company's diverse business operations, covering wealth management, securities investment, and futures brokerage, continue to contribute to its overall competitive strength. Management of operational risks and the impact of evolving regulatory policies remain key areas of focus.