Brokerage "leader" talks about the future: going overseas must "put down roots," AI is a "must-answer question"

As of April 13, according to Choice data, a total of 25 listed securities firms that have disclosed their performance for 2025 achieved a total operating income of 441.311 billion yuan, a year-on-year increase of 10.30%; net profit attributable to shareholders was 174.14 billion yuan, a year-on-year increase of 45.54%. While handing in impressive report cards, several securities firm chairmen have delivered three key signals through letters to shareholders: "Going global" has transitioned from "going out" to "settling down"; "AI" has evolved from concept to complete business chain; "Future" anchored to a first-class investment bank.