Southern Fund, Huatai Bairui and Huatai Asset Management performance disclosure, ETF fee reduction and benefit sharing effects are evident.

Sina Finance reported on March 30th that according to the 2025 annual report released by Huatai Securities today, the operating data of its two public funds and one asset management company have been simultaneously announced. Specifically, Nanfang Fund achieved operating income of 8.767 billion yuan in 2025, net profit of 2.705 billion yuan, an increase of 15% compared to the previous year, with its subsidiaries Nanfang Dongying and segregated accounts contributing to the performance; Huatai Bairui Fund achieved revenue of 2.15 billion yuan in 2025, net profit of 450 million yuan, a decrease of 38% year-on-year, with 78% of low-cost products in ETFs and the continuous reduction of ETF fees revealed in 2025; Huatai Asset Management achieved revenue of 2.26 billion yuan in 2025, net profit of 1.486 billion yuan, an increase of 68.48% year-on-year, thanks to the focused advancement in fixed income/fixed income+, equity, FOF, cross-border business and other businesses in investment and asset management, as well as efforts in investment banking asset management including ABS business and public REITs business increment.