bestplay2earncryptogames| Tianfeng Securities disclosed its 2023 annual report: revenue doubled after state-owned assets controlled
editor 2024-04-29 20:40:55 Finance 33
On April 29, Tianfeng Securities released its 2023 annual report, which disclosedBestplay2earncryptogamesThe company realized operating income of 34 in 2023Bestplay2earncryptogames.27 billion yuan, an increase of 99.10% over the same period last year; the net profit returned to the mother was 307 million yuan. Market analysts said: after the actual control of Hubei Hongtai Group, Tianfeng Securities has gradually come out of the trough, the anti-risk ability has been significantly improved, and the development will be more robust, thus enhancing market confidence.
State-owned assets are under actual control, and performance has stabilized and rebounded.
Public data show that in early 2023, Hubei Hongtai Group controlled Tianfeng Securities, and then, under the background of maintaining the stability of the business team, continued to increase tilt and support for Tianfeng Securities in terms of capital, manpower, coordination and other aspects. People close to Tianfeng Securities said that after Hubei Hongtai Group took control, Tianfeng Securities became the first state-owned listed securities company in Hubei Province, playing an increasingly prominent role in serving the backbone of the multi-level capital market in Hubei. On the one hand, it has formed an entrepreneurial atmosphere of steady compliance, integrity and unity, and on the other hand, it has formed business coordination with Hongtai Group in research, investment banking and investment, creating a good situation of actively serving the high-quality economic development of Hubei.
The effect of actual control of state-owned assets management is directly reflected in the performance. According to the annual report of Tianfeng Securities, the company achieved operating income of 3.427 billion yuan in 2023, an increase of 99.10% over the same period last year, and its net profit was 307 million yuan. In terms of business segmentation, the scale of corporate bond underwriting ranked second and 14th; in the 2023 New Wealth selection, Tianfeng Research has all entered the top five in the selection of the best local research team, the most influential research institution and the best sales and service team, and has been awarded the top five of "Best Local Research team" for seven consecutive years. In addition, according to the statistics of CICC, the monthly average scale of Tianfeng ABS management ranks eighth in the industry.
At the end of 2023, Tianfeng Securities announced that it had borrowed 4 billion yuan of subordinated debt from its controlling shareholder, Hubei Hongtai Group Co., Ltd. The large investment of controlling shareholders means that the net capital level and anti-risk ability of Tianfeng Securities have been further improved under the current regulatory system with net capital and liquidity as the core. People close to Tianfeng Securities said: Hubei Hongtai Group continues to support Tianfeng Securities from the perspective of financial efficiency and human efficiency, and still handing the business content to the original professional team is the affirmation and trust of the business core team. Tianfeng Securities has high hopes. "Tianfeng Securities will become the 'vanguard' of Hubei Hongtai Group as a financial control platform in Hubei Province to serve the local real economy."
Power the city investment bank to serve the real economy
After Hubei Hongtai Group took control, Tianfeng Securities was the first among securities firms to put forward and promote the "urban investment bank" project, which aims to be a local financial consultant, to promote industrial investment by "financial investment", and to carry out comprehensive financial services. Introduce "financial" running water for local economic and social development and the construction of key industrial clusters. It is reported that under the leadership of Hubei Hongtai Group, Tianfeng Securities has gradually tailored a comprehensive comprehensive financial service plan for Hubei Province and the urban areas within the province, and a series of achievements have been achieved: the successful issuance of bonds of Xianning Xianan District Economic Development (Group) Co., Ltd., the first agreement signed after Youzhiyou listed on the Hong Kong Stock Exchange and the introduction of the QFLP New deal in Wuhan Donghu High-tech Zone. In March this year, Tianfeng Securities co-organized the 2024 "meeting Spring to enjoy Cherry Blossom" economic and trade talks sponsored by the people's Government of Hubei Province-- "Belt and Road Initiative" China Hubei-Middle East Economic and Trade Forum. The Middle East capital and trade delegation composed of Saudi Arabia, Kuwait, the United Arab Emirates, Egypt and Dubai visited Hubei for the first time. More than 100 listed companies of new quality productivity in the fields of biomedicine, logistics technology, new energy vehicles, high-end manufacturing, artificial intelligence and semiconductors attended the meeting and talked about the collaborative model of "production, investment, finance and research". It also conducted in-depth exchanges on the preference for capital investment in the Middle East, the industry and investment landing details of Chinese enterprises in the Middle East.
Analysts said that vigorously promoting the "urban investment banking" project shows that Tianfeng Securities is trying to establish a position as a backbone financial enterprise in Hubei Province, which will also bring new increments to Tianfeng business. "the Hubei bond basket, which is officially launched by Tianfeng in the inter-bank bond market, is the first bond basket in the national interbank market that uses Hubei local bonds as the underlying portfolio. It can be said to be Tianfeng's innovative measures and beneficial exploration to support Hubei's economic development."
The above-mentioned people further said that the "urban investment bank" project not only helps to highlight the status of Hubei Province, where Tianfeng Securities is a securities firm, but also helps to invigorate existing resources and seek new increments, and is also an important carrier for Tianfeng and Hongtai to work together. Through this project, the comprehensive financial services of Tianfeng Securities will infiltrate into all parts of Hubei, and truly practice the principal responsibility of finance to serve the real economy. While ploughing Hubei and serving Hubei well, it can also accumulate sustainable incremental business.