Mission Statement, Vision, & Core Values (2025) of CITIC Securities Company Limited.

An Overview of CITIC Securities Company Limited

General Summary of CITIC Securities Company Limited

CITIC Securities Company Limited, established in 1995, is one of the largest securities firms in China. The company primarily engages in investment banking, asset management, securities brokerage, and financial advisory services. CITIC Securities has grown remarkably over the years, expanding its reach to international markets and diversifying its product offerings.

As of 2024, CITIC Securities reported total sales revenue of approximately RMB 78 billion, driven largely by its brokerage and wealth management services. The company operates a comprehensive range of financial products, including equities, fixed income, and derivatives, catering to both retail and institutional clients.

Company's Financial Performance in the Latest Financial Reports

The latest financial report for CITIC Securities showcases a record-breaking revenue achievement. In the fiscal year 2023, the company reported a net income of RMB 20.5 billion, marking an increase of 15% compared to the previous year. This growth is attributed significantly to the surge in trading volumes and robust performance in investment banking.

Below is a detailed summary of CITIC Securities' financial performance for the fiscal year ending December 31, 2023:

Introduction to CITIC Securities as a Leader in the Industry

CITIC Securities has firmly established itself as one of the leading securities firms in Asia, with a significant market share in the competitive landscape. The company ranks among the top three brokerages in China, consistently gaining recognition for its innovation and comprehensive service offerings.

CITIC Securities' commitment to leveraging technology in trading and investment has positioned it at the forefront of the industry. The firm's investment in digital platforms has resulted in improved client engagement and enhanced operational efficiency. This continuous evolution in service delivery is crucial for maintaining its competitive edge.

For those interested in understanding the factors contributing to CITIC Securities' success, further insights are provided in the subsequent sections.

Mission Statement of CITIC Securities Company Limited

Mission Statement Overview

CITIC Securities Company Limited's mission statement is formulated to guide its operational and strategic goals. It emphasizes the commitment to providing comprehensive financial services while focusing on risk management, innovation, and customer satisfaction. The mission encapsulates the company's dedication to enhancing shareholder value through sustainable growth. As of 2023, CITIC Securities reported a total revenue of RMB 92 billion and a net profit of RMB 22 billion, demonstrating the effectiveness of its mission-driven approach.

Core Component 1: Customer Orientation

A primary focus of CITIC Securities' mission is its customer orientation. The company emphasizes understanding and fulfilling client needs, which is pivotal for long-term relationships. In 2023, CITIC Securities achieved a customer satisfaction rate of 85% according to internal surveys. Furthermore, the company has continually invested in technology, evidenced by a 30% increase in digital service offerings over the past two years. This commitment to customer service includes personalized financial solutions and advisory services tailored to individual client needs.

Core Component 2: Innovation and Technology

CITIC Securities places significant emphasis on innovation and technology as a core component of its mission. The firm has invested over RMB 5 billion in research and development initiatives in the last fiscal year, focusing primarily on enhancing its digital trading platforms. This has resulted in a 40% increase in transaction speed and efficiency, allowing customers quicker access to market opportunities. Additionally, the integration of artificial intelligence and machine learning has improved analytical capabilities, enabling better investment decisions.

Core Component 3: Risk Management and Compliance

Risk management and compliance represent another essential component of CITIC Securities' mission statement. The firm has established a robust risk management framework that has been recognized by industry standards. In 2023, the company reported a risk-adjusted return on capital of 12%, signaling effective management of financial risks. Furthermore, CITIC Securities has maintained a compliance rate of 98% in regulatory audits, underscoring its commitment to ethical operations and adherence to financial regulations.

Vision Statement of CITIC Securities Company Limited

Vision Statement Overview

The vision statement of CITIC Securities aims to establish the company as a leading financial institution, focusing on sustainable development, innovation, and integrated financial services.

Commitment to Sustainable Development

CITIC Securities emphasizes its commitment to sustainable finance. In 2022, the company's sustainable finance products reached approximately RMB 100 billion, with a significant growth rate of 30% compared to the previous year. The aim for 2024 is to increase this figure to RMB 150 billion.

Driving Innovation

Innovation is at the core of CITIC's vision. The firm has invested over RMB 5 billion in technology R&D in the past year alone. This investment has been directed towards enhancing digital trading platforms and improving customer experience through advanced analytics.

Integrated Financial Services

CITIC Securities seeks to offer integrated financial services across sectors. As of 2023, it holds a market share of 15% in the brokerage industry, aiming for 20% by 2025 through strategic acquisitions and partnerships.

Market Expansion Goals

The company aims to expand its international footprint significantly. As of 2023, CITIC Securities operates in over 10 countries, with plans to establish additional offices in North America and Europe by 2024.

Talent Development Initiatives

A vital part of CITIC's vision is its commitment to talent development. In 2023, the company launched a comprehensive training program, investing RMB 300 million in employee education and skill enhancement.

Core Values of CITIC Securities Company Limited

Integrity

CITIC Securities emphasizes integrity as a core value, underlining the importance of ethical behavior and transparency in its operations.

In 2022, the company implemented a comprehensive compliance program which resulted in a 15% reduction in compliance breaches compared to the previous year.

Additionally, CITIC Securities conducts regular training sessions for employees, with over 90% of staff participating in ethics training in 2023.

Client-Centricity

Client-centricity drives CITIC Securities to prioritize customer satisfaction and tailored services.

The firm reported a customer satisfaction score of 88% in 2023, an increase from 85% in 2022.

In 2024, CITIC Securities launched a personalized investment advisory service that has already attracted over 1,500 new clients since its inception.

Innovation

Innovation is pivotal at CITIC Securities, fostering growth and competitive advantage in the financial sector.

In 2023, the company allocated 10% of its annual revenue towards research and development, amounting to approximately CNY 1 billion.

CITIC Securities introduced a new trading platform in 2024, which has increased transaction speeds by 50%, enhancing user experience.

Accountability

Accountability is fundamental to CITIC Securities’ operations, ensuring that all employees take responsibility for their actions.

The company has introduced a performance evaluation system where 100% of staff are reviewed on their adherence to accountability standards.

In 2023, CITIC Securities recorded a 25% improvement in operational efficiency attributed to this accountability framework.

Sustainability

Sustainability is a core value demonstrating CITIC Securities' commitment to environmental and social governance.

The company achieved carbon neutrality for its operations in 2023 and aims to reduce its carbon footprint by 30% by 2025.

CITIC Securities has invested over CNY 500 million in renewable energy projects in the last year.