Guoyuan Securities: Net profit in the first quarter of 2025 was 641 million yuan, a year-on-year increase of 38.40%.

Guoyuan Securities announcement: In the first quarter of 2025, the operating income was 15.19 billion yuan, a year-on-year increase of 38.37%. Net profit was 6.41 billion yuan, a year-on-year increase of 38.40%.