Southwest Securities: Expected annual net profit to increase by 47% to 57% year-on-year in 2025.

Southwest Securities announcement: According to the preliminary calculations by the company's finance department, it is estimated that the net profit attributable to the owners of the parent company in 2025 will be between 10.28 billion yuan and 10.98 billion yuan, an increase of 3.29 billion yuan to 3.99 billion yuan compared to the same period last year, a year-on-year increase of 47% to 57%. It is expected that the net profit attributable to the owners of the parent company in 2025, excluding non-recurring gains and losses, will be between 10.13 billion yuan and 10.82 billion yuan, an increase of 3.24 billion yuan to 3.93 billion yuan compared to the same period last year, a year-on-year increase of 47% to 57%. During the reporting period, the activity of the capital market rebounded, and the company actively seized market opportunities. The core business sectors performed well, with wealth management, securities investment, and investment banking businesses all experiencing significant year-on-year growth, driving a significant improvement in the company's overall operating performance.