Zhongtai Securities (600918.SH) announced its 2024 semi-annual performance forecast. The company expects to achieve a net income of 0.434 billion yuan attributable to the owners of the parent company for the first half of 2024, which will decrease by 1.205 billion yuan, a decrease of 73.50% compared to the same period last year. The company expects to achieve a net income of 0.414 billion yuan, after deducting non-recurring gains and losses for the first half of 2024, which will decrease by 0.547 billion yuan, a decrease of 56.90% compared to the same period last year.

In the first half of 2024, the company actively responded to market changes, focused on improving its five core competitiveness and enhancing its four core functions, and worked hard to improve quality and efficiency in all aspects of its operations. However, due to factors such as the equity revaluation income generated by the merger of WanJia fund in the same period last year and the impact of market volatility and changes in the IPO issuance rhythm in this period, the company's operating performance declined year-on-year.