Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Investment Bank	329.23M	152.78M	350.15M	908.05M	756.84M
Investment Bank Growth	115.49%	-56.37%	-61.44%	19.98%	-31.22%
Other Operations	401.59M	302.07M	133.09M	385.79M	1.58B
Other Operations Growth	32.95%	126.97%	-65.50%	-75.56%	121.54%
Investment Transaction Business	1.73B	1.85B	1.01B	-	-
Investment Transaction Business Growth	-6.19%	82.58%	-	-	-
Asset Management	285.80M	313.74M	254.29M	102.94M	91.50M
Asset Management Growth	-8.90%	23.38%	147.03%	12.50%	-82.67%
Wealth Management Business	1.96B	1.66B	1.65B	1.68B	2.20B
Wealth Management Business Growth	18.40%	0.19%	-1.74%	-23.52%	11.20%
Futures Business	-	-	1.33B	-	-
Proprietary Investments	-	-	-	350.93M	749.96M
Proprietary Investments Growth	-	-	-	-53.21%	-45.22%
Total	4.71B	4.27B	4.74B	3.43B	5.38B
Total Growth	10.25%	-9.77%	38.08%	-36.21%	-5.48%

Source: S&P Global Market Intelligence.