First, the golden signboard in the investment bank is 1. First, the underwriting scale of IPO sponsors of CICCa shares ranks first in the industry; The IPO underwriting scale of Hong Kong stocks ranks first in the industry; The main underwriting scale of Chinese-funded US stocks ranks second in the industry; Science and technology innovation board IPO sponsor underwriting scale industry first; Domestic bond underwriting ranks third in the industry. It is worth mentioning that the co-sponsors and lead underwriters of Ant Group, which is suspended from listing, are CICC and China Securities. After being recorded in the Ant IPO, the underwriting scale of CICC will surpass Goldman Sachs and Morgan Stanley this year, ranking third in the world, second only to Credit Suisse and Citigroup. 2. Outstanding product and customer advantages As a leader of investment banks, we rely on outstanding product and service advantages, leading institutional customers and high-end services. Compared with ten comparable companies in the same industry, in 20 19 years, the total net fee and commission income of CICC asset management business accounted for 63. 16% of the total income of China securities industry. Among them, the net fee and commission income of the company's investment banking business is 4.248 billion yuan, which is relatively high, which is at a high level compared with comparable companies in the same industry, showing the leading edge of CICC in investment banking business. CICC (60 1995) has a wide and high-quality wealth management customer base. Specifically, the company ranks first in domestic volume and ranking, with business fields all over the country and many market investors. From 293,000 in 20 17 to 3.39 million in the first half of 2020, among which high-net-worth customers (average assets per customer >; 3 million yuan) has the largest increase.
Second, speak with strength and profundity.
1. The performance continued to grow at a high speed. 20 17-20 19, CICC achieved performance growth for three consecutive years. In 20 19, the operating income was 22.782 billion yuan, up 22.9% year-on-year; The net profit was 4.238 billion yuan, a year-on-year increase of 265,438+0.4%. In addition, in the first three quarters of 2020, the company achieved revenue of 654.38+0.68 billion yuan, a year-on-year increase of 50.09%, and net profit of 4.89 billion yuan, a year-on-year increase of 55.80%. Specifically, all businesses have achieved positive growth year-on-year, among which self-operated business has the highest growth rate, reaching 89.48%. The company's self-operated business income in this period is 9.727 billion yuan, which is the company's most profitable business.
2. The biggest highlight: the investment banking business is increasing year by year. Investment banking, as the biggest highlight of CICC, has been ranked higher year by year in the past three years. From 20 17 to 20 19, the investment banking revenue of the company was 279 1 billion yuan (market share 5.02%), 310.71billion yuan (market share 7.47%) and 4.248 billion yuan.
3. The scale of investment management is long-term leading investment management: the scale has achieved remarkable results, and the whole industry chain is coordinated. Typically, a collaborative system is built around investment banks. Investment management outputs high-quality project resources for investment banks, and investment management provides exit channels and high-quality assets in the secondary market. At the same time, investment banks can export high-net-worth customer resources for wealth management and dig deep into customer value. In addition, wealth management can export funds for investment management, and institutional businesses, such as stock business, can provide high-quality product supply for wealth management based on product creation ability and enhance customer stickiness.