Hongta (601236.SH) announces an expected increase, with a projected net profit of 766 million yuan in 2024, representing a year-on-year growth of 145.34%.

Hongta (601236.SH) announced that the company is expected to achieve a net profit attributable to the owners of the parent company of 766 million yuan in 2024, an increase of 453.845 million yuan compared to the same period last year, representing a year-on-year growth of 145.34%. In 2024, the company will continue to adhere to the overall requirements of the new "Nine Articles on Capital" for the development of the capital market and the specific measures of the China Securities Regulatory Commission's "Double First-class" construction as guidance. The company will adhere to the work tone of "seeking progress in stability and promoting stability through progress", closely focus on strategic goals, respond to uncertainties in the environment with the certainty of its own work, continuously optimize the asset-liability management mechanism, further enhance the scientific and effective asset allocation, continue to promote the non-directional transformation of proprietary investment business, and achieve significant results. The company's asset-liability structure and content will continue to be optimized, asset quality will significantly improve, and operating income will steadily increase, leading to a significant year-on-year increase in net profit and comprehensive income for the company. The equity attributable to the parent company's shareholders will also see a significant increase on the basis of high dividends distributed in the 2023 fiscal year and the first half of 2024.