Yuexiu Capital: It is expected that the net profit for the first quarter of 2026 will be between 12.47 billion and 13.79 billion yuan, a year-on-year increase of 90% to 110%.

Yuexiu Capital announces that the net profit attributable to shareholders of the listed company in the first quarter of 2026 is expected to be between 12.47 billion yuan and 13.79 billion yuan, an increase of 90% to 110% year-on-year. After deducting non-recurring gains and losses, the net profit attributable to shareholders of the listed company is expected to be between 10.15 billion yuan and 11.46 billion yuan, an increase of 55% to 75% year-on-year. In the first quarter of 2026, the company's controlling subsidiary, Guangzhou Asset Management Co., Ltd., achieved significant results in its transformation to an investment bank, leading to a substantial increase in related business income. Furthermore, the capital market maintained a good development momentum, with trading activity remaining at high levels. One of the company's investment companies, CITIC Securities Co., Ltd., achieved rapid growth in its operating performance, leading to a corresponding increase in the company's investment income.