"Penghua Fund's net profit from last year's revenue doubled."

Guosen Securities' 2025 annual report shows that its Penghua Fund achieved operating income of 40.28 billion yuan last year, an increase of 12.06% compared to the same period last year of 35.94 billion yuan, and a net profit of 8.01 billion yuan, an increase of 6.74% compared to the same period last year of 7.51 billion yuan. As of the end of last year, the total assets under management of Penghua Fund reached 1.37 trillion yuan, a year-on-year increase of 12%, including public funds totaling 1.05 trillion yuan, a year-on-year increase of 15%.