China Huarong (2799) released a profit forecast on August 7, 2024, expecting a 191% to 212% increase in net profit attributable to shareholders in the first half of 2024 compared to the same period last year. This growth is mainly due to the recovery of the macro economy, the optimization of asset structure, the strengthening of industry layout, and the deepening of risk management system. The company will continue to implement the transformation development strategy and focus on its main responsibilities and industries to enhance its core competitiveness. Looking ahead, China Huarong will adhere to its strategic goals, deepen reform and innovation, and strive to become a leading asset management company in the industry. The company reminds shareholders and potential investors that the financial data for the first half of the year is preliminary and final data will be disclosed in the mid-term performance announcement before the end of August 2024.

China Huarong (2799) released a profit forecast on August 7, 2024, expecting a 191% to 212% increase in net profit attributable to shareholders in the first half of 2024 compared to the same period last year. This growth is mainly due to the recovery of the macro economy, the optimization of asset structure, the strengthening of industry layout, and the deepening of risk management system. The company will continue to implement the transformation development strategy and focus on its main responsibilities and industries to enhance its core competitiveness. Looking ahead, China Huarong will adhere to its strategic goals, deepen reform and innovation, and strive to become a leading asset management company in the industry. The company reminds shareholders and potential investors that the financial data for the first half of the year is preliminary and final data will be disclosed in the mid-term performance announcement before the end of August 2024.