49 securities firms reported a total revenue of 132.4 billion yuan in Q1, with proprietary trading accounting for 39% as the largest source of income.

In the first quarter of this year, the total revenue of 49 securities firms and listed entities was 1324.01 billion yuan, a year-on-year increase of 27.1%; the total net profit attributable to the parent company was 553.87 billion yuan, a year-on-year increase of 75.55%. Excluding the special impact of negative goodwill brought by Guotai Haitong's data, the year-on-year growth rate of total net profit attributable to the parent company of the 49 securities firms and listed entities was 49.26%. In terms of business structure, proprietary total net revenue was 485.66 billion yuan, accounting for 38.57%, the largest source of business revenue; brokerage business total revenue was 327.36 billion yuan, accounting for 26%, ranking second. Investment banking, asset management, and interest net income accounted for relatively low percentages, at 5.3%, 8.02%, and 6.26% respectively, while other business income accounted for 9.59%.