Yangtze River Securities in the medium term net profit falls 20%

Changjiang Securities (000783) released the first half of this year's results report, the company achieved operating income of 1.238 billion yuan, compared with the same period last year, a 8.75% decline in operating profit of 637 million yuan, compared with the same period last year, down 23.78%, The net profit attributable to shareholders of listed companies is 491 million yuan, down 22.83% from the same period last year.　　Achieve basic earnings per share of 0.23 yuan.　　The decline was attributable to a 26.82% per cent fall in the Shanghai Composite Index during the reporting period, with the Shen Chengzhi falling 31.48%, the largest in the global stock index, the decline in brokerage fees in the era of the securities industry's farewell channel, and a 3.32% decrease in the number of new shares in the first half of the year. In the first half of the year, the company's asset management business operating profit rate fell 30.11% year-on-year, the securities brokerage business profit rate fell 16.83% year-on-year, the operating profit rate of securities trading fell 9% year-on-year, only the underwriting business operating profit rate rose by 5.4%.