CITIC Construction Investment "Huge Profit" of 9.4 billion yuan! Brokerage business attracts 1.73 million "new customers"

On the evening of March 26, CITIC Construction Investment disclosed its 2025 annual report.

Data shows that this financial giant achieved operating revenue of 23.322 billion yuan in 2025, a year-over-year increase of 22.41%. Net profit attributable to shareholders of the parent company was 9.439 billion yuan, up 30.68%. The company plans to distribute a cash dividend of 1.75 yuan (tax included) for every 10 shares to all shareholders.

As of December 31, 2025, the group’s total assets reached 676.816 billion yuan, a 20% increase year-over-year.

This annual report highlights many points of interest for investors. Here is a summary from Zishi Tang for your reading.

Four Major Business Segments All See Revenue Growth

CITIC Construction Investment’s annual report states that by the end of 2025, the company’s total operating revenue was 23.322 billion yuan (see chart below).

Among these, the investment banking segment achieved a total operating revenue of 3.132 billion yuan, up 25.76%; the wealth management segment reached 8.221 billion yuan, up 24.37%.

The trading and institutional client services segment generated 9.724 billion yuan, an increase of 20.75%; the asset management segment earned 1.428 billion yuan, up 13.75%.

Multiple Indicators Show a “Bull Market Performance”

In 2025, trading activity in the A-share market significantly increased, investor willingness to enter the market strengthened, and market sentiment notably warmed. This macro trend provided fertile ground for brokerages’ performance rebound. Leveraging its deep roots in brokerage services and strong online client acquisition capabilities, CITIC Construction Investment precisely captured this market dividend.

This business prosperity driven by market recovery and client growth is clearly reflected in the company’s key financial indicators. Specifically:

Net income from commissions and brokerage fees increased by 3.026 billion yuan year-over-year, up 29.84%, mainly due to increased net income from brokerage operations;

Investment income and gains from fair value changes increased by 923 million yuan, up 11.88%, mainly due to increased gains from financial instrument disposals;

Net interest income rose by 309 million yuan, up 39.35%, primarily driven by increased interest income and reduced interest expenses.

173,250 New Accounts Opened in the Year

The large influx of new clients is the most direct reflection of CITIC Construction Investment’s wealth management transformation.

In 2025, the company added 1.7325 million new securities accounts, bringing the total number of clients to 17.1231 million by the end of the reporting period.

To convert this vast client base into tangible asset management scale, the company continuously enriches its financial product offerings, improves its full-chain wealth management service system, and focuses on building professional buy-side advisory services.

The results of this strategy are evident:

By the end of the reporting period, the non-monetary public fund holdings reached 143.2 billion yuan, ranking fifth in the industry; non-monetary public fund incremental holdings increased by 60.6 billion yuan, ranking second;

Advisory services covered 1.0852 million people, a year-over-year increase of 71.95%; 308 public mutual pension products were distributed, with 100% coverage. The buy-side business scale reached 11.039 billion yuan, up 189.81%.

The rapid growth in client assets directly boosted the expansion of credit services.

By the end of the reporting period, the company’s margin financing and securities lending balance was 85.112 billion yuan, accounting for 3.35% of the market; the margin financing and securities lending accounts numbered 216,500, an increase of 11.08%; the net new credit accounts held a market share of 3.35%, up 24.96% year-over-year; the overall guarantee ratio for margin financing and securities lending was 261.38%, indicating manageable business risk.

A New “Growth Pole”: Buy-Side Institutional Services

While deepening personal wealth management, CITIC Construction Investment also demonstrated strong growth in institutional services, especially in custody and operational services, which have become a new growth engine for the company.

By the end of the reporting period, CITIC Construction Investment was custodian for 122 public funds, ranking among the top three in the industry in both the number and scale of fund custody. The company’s total asset custody and operational service scale reached 1.4 trillion yuan, a 45.03% increase year-over-year. Among these, asset custody products totaled 599.02 billion yuan, and operational service products totaled 805.408 billion yuan, with respective growths of 28.10% and 60.83%.

Risk Warning and Disclaimer

Market risks exist; investments should be cautious. This article does not constitute personal investment advice and does not consider individual users’ specific investment goals, financial situations, or needs. Users should consider whether any opinions, views, or conclusions herein are suitable for their particular circumstances. Investment is at your own risk.