CICC (601995.SH) announced semi-annual results with net profit of 2,228 billion yuan and 0.90 yuan for every 10 shares

According to Zhitong Finance App, CICC (601995.SH) disclosed its 2024 semi-annual report. During the reporting period, the company achieved operating income of 8.911 billion yuan (RMB, same below), net profit attributable to shareholders of the parent company of 2,228 billion yuan, net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss of 2.95 billion yuan, and basic earnings per share of 0.394 yuan/share. It is proposed to distribute a cash dividend of $0.90 (tax included) for every 10 shares.

In the first half of 2024, CICC completed 4 A-share IPOs as the lead underwriter, with a lead underwriting amount of RMB 1,571 billion, ranking 8th in the market, leading the completion of A-share IPOs including Meixin Technology, Xingchen Technology, and Olai New Materials. As the lead underwriter, the company completed 9 A-share refinancing projects, with a lead underwriting amount of RMB 8.655 billion, ranking second in the market.

In the first half of 2024, as a sponsor, the company underwrote 9 Hong Kong stock IPOs, and completed projects such as Cha Baidao, Suteng Juchuang, Lian Digital, US and China Jiahe, etc., with a lead underwriting scale of US$564 million, ranking first in the market; as a bookkeeper, the main underwriting scale was US$362 million, ranking first in the market; as a bookkeeper, the main underwriting scale was US$101 million. As a bookkeeper, the company underwrote 4 Hong Kong stock refinancing and holdings reduction projects, with an underwriting scale of US$850 million, ranking first in the market.

In the first half of 2024, the company, as the bookkeeper, underwrote 2 US stock IPO projects for Chinese enterprises, with a main underwriting scale of US$147 million; as a bookkeeper, the company underwrote 1 US stock refinancing project for Chinese enterprises, with a main underwriting scale of US$250 million.

In the first half of 2024, the company fully implemented the major decisions and arrangements of the Party Central Committee and the State Council, implemented the spirit of the Central Financial Work Conference and the Central Economic Work Conference, actively implemented the new “Nine National Rules”, and made financial services to the real economy its fundamental purpose. In terms of service technology finance, it completed benchmark projects such as the Shanghai Hejing Science and Technology Innovation Board IPO, Xingchen Technology GEM IPO, and the Hong Kong Stock IPO. In terms of serving green finance, it completed projects such as Jikrypton Auto's US stock IPO and Deye Co., Ltd. A-share refinancing. In terms of serving domestic and international dual cycles, it completed projects such as Yamafen's US stock IPO and a second public sale of Saudi Aramco's old stock holdings reduction.