Guosheng Securities Inc, together with its subsidiaries, is a securities company in China. It operates through segments including futures, asset management, securities brokerage, proprietary trading, investment banking, credit, non-securities investment, and other businesses. The company offers brokerage, research and consulting, underwriting and sponsorship, asset management, and capital intermediary services such as margin financing and securities lending. It was formerly known as Guosheng Financial Holding Inc and changed its name to Guosheng Securities Inc in October 2025. Founded in 1995, it is headquartered in Nanchang City, China.
Hualin Securities Acting CEO Dong Dong Receives Prior Notice of Regulatory Interview from Jiangxi Securities Regulatory Bureau over Violations During Tenure at Guosheng Securities
Hualin Securities announced on September 24 that the company recently received notice from Executive Committee member and Acting Chief Executive Officer Dong Dong that, due to matters unrelated to the company, Dong Dong had received a Prior Notice of Regulatory Interview from the Jiangxi Securities Regulatory Bureau. The Jiangxi Securities Regulatory Bureau determined that Dong Dong, as the then General Manager of the Wealth Management Department of Guosheng Securities and the senior executive in charge of the Brokerage Business Management Department and Wealth Management Department, bore responsibility for the relevant violations, and intends to impose the administrative regulatory measure of a regulatory interview on him, with the matter to be recorded in the securities and futures market integrity archive. The circumstances involved in this prior notice all occurred during Dong Dong's tenure at Guosheng Securities, do not constitute conduct during his tenure at the company, are unrelated to the company's business operations, internal controls, and financial condition, will not have a material adverse impact on the company, and all of the company's business operations are proceeding normally.
002670.CS · Regulation · Negative Jiangxi Securities Regulatory Bureau found Dong Dong responsible for violations during his tenure as a senior executive at Guosheng Securities, triggering a regulatory interview and integrity-archive record.
Guosheng Securities Appoints Zhao Xiaoxiao and Zhang Heng as Deputy General Managers; Tang Wenfeng Resigns as Compliance Director and Chief Risk Officer
Guosheng Securities Co., Ltd. announced on August 31, 2026, that the eleventh meeting of the company's fifth board of directors reviewed and approved the appointment of Mr. Zhao Xiaoxiao and Mr. Zhang Heng as deputy general managers of the company, with terms lasting until the end of the fifth board of directors. At the same time, for personal reasons, Mr. Tang Wenfeng resigned from his positions as compliance director and chief risk officer. After his resignation, he no longer holds any position in the company or its controlled subsidiaries, and he does not hold any company shares. Before new compliance director and chief risk officer appointments are made, director and general manager Mr. Zhao Jingliang will perform the relevant duties on an acting basis for no more than six months. Mr. Zhao Xiaoxiao, born in 1982, holds a master's degree in economics and previously served as deputy general manager of the fixed income department at CITIC Securities and the bond sales and trading headquarters at Bohai Securities. Mr. Zhang Heng, born in 1987, previously held management positions in digital finance departments and branch companies at multiple securities firms including Huatai Securities and Changjiang Securities. Neither of them holds company shares, and neither has any related-party relationship with shareholders holding more than five percent of the company or with other directors and senior executives of the company.
Guosheng Securities first-half 2026 net profit 216 million yuan, up 3.04% year on year
Guosheng Securities released its first-half 2026 report, with net profit attributable to the parent company of 216 million yuan, an increase of 6.355 million yuan from the same period last year, up 3.04% year on year, marking a second consecutive year of growth. Total operating revenue was 927 million yuan, up 1.09% year on year, and net cash inflow from operating activities was 3.699 billion yuan, an increase of 4.994 billion yuan from the same period last year. The company's latest asset-liability ratio was 78.04%, return on equity was 1.87%, and total asset turnover was 0.02 times. The number of shareholders was 80,100, and the top ten shareholders held 1.418 billion shares, accounting for 73.26% of total share capital.
002670.CS · Capital · Positive Guosheng Securities reported a 3.04% year-on-year increase in net profit for H1 2026, marking a second consecutive year of growth.
Guosheng Financial Holding half-year report: asset management revenue up 3.4 times, proprietary trading and investment banking decline
Guosheng Financial Holding disclosed its 2026 semi-annual report. Subsidiary Guosheng Securities achieved revenue of 927 million yuan and net profit attributable to the parent of 216 million yuan. Asset management business became a highlight, with net fee income surging 286.79 percent year on year and total operating revenue rising 343.83 percent. Futures business turned from loss to profit, with total operating revenue up 123 percent year on year. Affected by market volatility and specific assets of subsidiaries, proprietary trading total operating revenue fell 61.67 percent year on year, while investment banking net fee income dropped 41.51 percent. The company also disclosed that employee compensation payable fell 39.13 percent from the end of the previous year, and it is advancing the liquidation and deregistration of three overseas subsidiaries.
Guosheng Securities Under CSRC Investigation for Alleged Violations Including Account Real-Name System Rules
Guosheng Securities received a notice of investigation from the China Securities Regulatory Commission on July 31, 2026, for allegedly violating the real-name account system and other provisions under the Securities Brokerage Business Management Measures. The company said it will actively cooperate with the investigation and that its operations are currently normal. In the first quarter of 2026, Guosheng Securities reported revenue of 296 million yuan, down 28.82 percent year-on-year, and net profit attributable to the parent company of 1.47 million yuan, down 97.91 percent year-on-year. As of the close on July 31, Guosheng Securities shares traded at 12.10 yuan per share, giving it a total market capitalization of 23.41 billion yuan, with the stock down 28.15 percent so far this year.
Brokerage sector bucks the trend in afternoon trading, Chinalin Securities hits daily limit, Huaan Securities rebounds after 30% monthly drop
On July 29, the A-share brokerage sector strengthened against the market in the afternoon, with the Securities II Shenwan index rising more than 2% intraday and attracting net main capital inflows of 4.215 billion yuan. Chinalin Securities hit the daily limit in the afternoon, becoming the only stock in the sector to do so. Bank of China Securities closed up 4.74%, and Guosheng Securities rose 3.75%. Huaan Securities, which had plunged nearly 30% in July and ranked at the bottom of the sector, saw an oversold recovery, closing up 4.04% with full-day turnover of 1.695 billion yuan. Industry insiders believe this round of brokerage strength is the result of multiple positive factors converging, including phased progress in the year's largest brokerage merger deal valued at 25.12 billion yuan, intensive share buybacks by brokerages to support prices, the realization of positive interim earnings forecasts, the sector's price-to-book valuation sitting at a ten-year low, and a market style rotation into large financials, all fueling a valuation repair rally.
002945.CS · Capital · Positive Hit daily limit as the only stock in the sector to do so, benefiting from sector-wide positive catalysts including merger deal and buybacks.
600909.CG · Capital · Positive Oversold recovery after 30% monthly drop, with sector-wide valuation repair rally driven by buybacks, merger progress, and low PB.
002670.CS · Capital · Positive Rose 3.75% as part of sector rally driven by merger deal, buybacks, and valuation repair.
601696.CG · Capital · Positive Closed up 4.74% as part of sector rally driven by merger deal, buybacks, and valuation repair.
Ganyue Expressway first-half net profit expected to drop over 60 percent, dragged by fair value changes in financial assets
Ganyue Expressway has issued its 2026 first-half performance forecast, estimating net profit attributable to shareholders at 180 million to 260 million yuan, a year-on-year decline of 76.43 percent to 65.96 percent. The company achieved toll service revenue of 1.86 billion yuan, up 0.56 percent year-on-year, meeting 50 percent of its full-year operating target, but fair value changes on financial assets it holds fell sharply. As of the end of 2025, the company held financial assets measured at fair value totaling 2.061 billion yuan, of which listed company shares were worth about 1.685 billion yuan, and Guosheng Securities shares were worth 1.322 billion yuan, accounting for 64.14 percent of such assets. Affected by the A-share secondary market, the Shenwan Securities Sector Index fell 7.84 percent in the first half, and Guosheng Securities' share price dropped 34.68 percent from the start of the year, shrinking the value of financial assets. Excluding short-term fluctuations, estimated core net profit is 430 million to 620 million yuan, a year-on-year decline of 31.27 percent to 0.91 percent, mainly due to higher depreciation of highway assets and lower profitability in competitive businesses. The company is participating in several venture capital funds through its subsidiary Shanghai Jiarong Investment Management, with committed capital of 30 million yuan each, to position itself in high-growth sectors.
600269.CG · Capital · Negative Net profit expected to drop over 60% due to fair value losses on financial assets, including Guosheng Securities shares.
002670.CS · Capital · Negative Guosheng Securities share price dropped 34.68% in H1, directly causing fair value losses for Ganyue Expressway.
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