Huatai Securities Co., Ltd. has announced its interim results for the first half of 2026, showcasing significant growth across all major business segments. The company reported operating revenue of RMB 23.658 billion for the January-June period, representing a year-on-year increase of 45.86%, while net profit attributable to shareholders of the parent company reached RMB 11.692 billion, up 54.87% compared to the same period last year. This marks a record high for the company's semi-annual operating performance, with revenue growth observed across its wealth management, institutional services, investment management, and international business divisions. In line with its commitment to shareholder returns, the company has also declared an interim cash dividend of RMB 1.80 per ten shares (tax inclusive).
The company emphasizes that only systematic AI infrastructure can create sustainable competitive advantages. Since the beginning of 2026, Huatai Securities Co., Ltd. has been dedicated to establishing AI as a foundational infrastructure for the future, deeply integrating it with professional financial methodologies, business processes, and organizational frameworks. This initiative aims to accelerate the development of an AI-native business system that combines human expertise with machine intelligence, fully unleashing the professional judgment and innovative potential of its workforce while ensuring every client need receives a higher quality response.
Accelerating Full-Scenario Intelligent Deployment and Technology-Driven Value Creation
From large language models to intelligent agents, artificial intelligence technology is evolving at a rapid pace. The company is firmly executing its "ALL IN AI" strategy, viewing technology not merely as a tool for enhancing efficiency and quality, but as a fundamental force for systematically restructuring business processes across key scenarios including investment research, investment banking, trading, and wealth advisory, as well as foundational service areas such as compliance, risk control, and operational decision-making. This approach moves technology from the back office to the front line, transforming services from passive response to proactive engagement.
The new generation AI-native trading service platform "AI Zhangle" has reconstructed the service model, shifting from "people seeking services" to "services finding people," providing retail investors with comprehensive intelligent companionship throughout their investment journey. The platform deeply integrates investment research with algorithms, replacing command-based operations with natural language conversations. It intelligently identifies customer needs, proactively responds to specific scenarios, and evolves from an investment tool into an investment partner: pre-investment, it scans the entire market in real-time to identify potential target signals based on objective indicators; during investment, it interprets trading intentions through natural language and breaks them down into executable tasks for investor reference; post-investment, it conducts multi-dimensional attribution analysis of account performance, generates optimization plans through diagnostics, and delivers insights and professional decision-support information. Since its launch in October 2025, "AI Zhangle" has accumulated over 5 million downloads.
As the AI transformation deepens, the company is accelerating the construction of a unified financial middle platform, providing shared capability infrastructure and data support across its wealth management and institutional services business lines. This promotes the reuse of professional capabilities, the interconnection of data assets, and the accumulation of organizational experience, enabling continuous iteration in real business scenarios. Among these initiatives, the AI industry knowledge graph is continuously accumulating and structuring industrial insights across investment research, investment banking, and investment activities, upgrading scattered individual business practices and relationship networks into organizational intelligence. This provides robust support for broader asset discovery and more precise asset pricing. Currently, the AI industry knowledge graph covers strategic sectors including lithium battery energy storage, semiconductor equipment, new energy vehicles, intelligent driving, and innovative drugs, aggregating over 60 investment research-specific capabilities to build a reusable, iterative, and dynamically evolvable AI research foundation.
Leveraging Industrial Investment Banking Advantages to Support High-Quality Real Economy Development
Building a modern industrial system and achieving an overall upgrade of the industrial landscape represents a critical strategic task for the 15th Five-Year Plan period. The company remains steadfast in serving the real economy, covering the entire business lifecycle and addressing the diverse needs of enterprises at various development stages. It has deeply integrated AI throughout its investment banking operations, accelerating the intelligent transformation of core business scenarios. Over the years, the company has served more than 300 technology innovation enterprises with a combined market capitalization of approximately RMB 15 trillion.
The company focuses on sectors including artificial intelligence and semiconductors, biomedicine, commercial aerospace, quantum computing, new energy, and energy storage, positioning itself throughout upstream and downstream industry chains. By gaining insights into the underlying logic of industrial development, it helps enterprises connect with capital markets, revitalize existing assets, and achieve long-term sustainable growth. As of the end of June 2026, Huatai Zijin's private equity funds under management had aggregate committed capital of RMB 72 billion, with 34 investment projects implemented during the first half of the year. During the same period, the group's A-share equity lead underwriting amount reached RMB 53.3 billion, representing significant year-on-year growth, while its full-spectrum bond underwriting amount reached RMB 718.9 billion. The group served as independent financial advisor on 7 restructuring projects that received exchange approval, and Huatai Asset Management executed 87 enterprise ABS plan manager issuance projects, both ranking first in the industry.
The company is also leveraging its cross-border integrated advantages to facilitate the listing of quality enterprises on the Hong Kong stock market, accelerating its international expansion strategy. During the first half of the year, Huatai Financial Holdings (Hong Kong) completed 12 Hong Kong IPO sponsorship projects, ranking third in the industry.
One Huatai: Efficient Synergy and Professional Financial Services Empowering Clients
Amid significant adjustments in the macroeconomic environment and market structure, wealth management and institutional clients face increasingly urgent needs for asset allocation across major categories, refined risk control, and personalized customization. The company is deepening its "One Huatai" full business chain service system, using AI to further break through capability boundaries and respond nimbly to market changes.
On the wealth management front, the company's trading and asset allocation service capabilities have been significantly enhanced. In the first half of the year, based on consolidated financial statements, the company's net income from securities agency trading reached RMB 4.7 billion, up 61% year-on-year, while net income from agency distribution of financial products reached RMB 600 million, representing a 114% increase. Private product sales volume, assets under retention, and corresponding revenue all experienced substantial growth simultaneously. The company has launched an AI-powered advisory workbench that leverages a multi-agent collaborative architecture to optimize product evaluation, asset allocation, and strategy development processes. It has also established role-based intelligent agent expert teams to support full-loop closure of core advisory studio scenarios, and developed proprietary technology infrastructure that uniformly delivers company-level capabilities, enabling personalized workflow orchestration for advisors and customized services for every client.
On the institutional services front, the company is actively expanding its global client network, now covering over 6,500 domestic and international institutions, with new account openings among global sovereign fund clients up 64% year-on-year. The company has built a complete prime brokerage service loop, providing one-stop integrated solutions for institutional clients. Its public fund distribution volume ranked fifth in 2025, and its margin financing and securities lending interest income ranked second in the industry during the first half of 2026. The company also maintains leading market positions in the number of market-making instruments on both the STAR Market and listed funds.
The company continues to consolidate its professional capabilities through AI and strengthen systematic service delivery. For example, it has launched the "Huatai Intelligent Research" AI toolbox, which provides intelligent agents offering specialized data, research frameworks, latest research perspectives, and valuation models, empowering clients' investment research decisions 24/7. Looking ahead, the company will remain client-centric, comprehensively enhancing its integrated financial service capabilities. It will drive new growth momentum through AI innovation, cultivate modern industrial system construction through industrial investment banking, and empower global clients through "One Huatai" collaboration, contributing even greater strength to the high-quality development of the real economy.
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