Shenwan Hongyuan Announces 2023 Annual Results

Multiple measures to promote both capital-light and capital-heavy businesses, profit increased significantly YoY

HONG KONG, March 28, 2024 /PRNewswire/ — Shenwan Hongyuan Group Co., Ltd (“Shenwan Hongyuan” or the “Company”) (stock code: 6806.HK; 000166.SZ) announced its annual results for the 12 months ended December 31, 2023 (the “Reporting Period”).

During the Reporting Period, Shenwan Hongyuan adopted a progressive yet stable approach by continuing to increase strategic investment in capital-light businesses, enhance risk resilience in capital-heavy operations, and achieved excellent operational performance. Total revenue and other income of the Company reached RMB 31.916 billion, reflecting a year-on-year growth of 1.08%. Profit attributable to the Company’s shareholders surged to RMB 4.606 billion, marking a 65.16% increase. Basic earnings per share also increased…