13 wealth management companies released their performance results last year: the highest net profit growth rate was nearly 92%, and 5 wealth management products exceeded 2 trillion yuan in scale.

With the release of annual reports from listed banks, the 2025 performance results of their wealth management subsidiaries have been coming out one after another. Among the 13 wealth management companies with data already disclosed, 9 have seen positive year-over-year growth in net profit.

According to data compiled by East Money, from March 23, 2026 to March 29, 2026, banks’ wealth management market issued a total of 1,402 RMB wealth management products (calculated separately by share, the same applies below), an increase of 239 month over month. By operating type, there were 1,088 closed-ended products and 314 open-ended products.

Judging by the issuing institutions, wealth management subsidiaries are currently the main players in the wealth management market. Last week, 31 wealth management companies issued 1,269 wealth management products, accounting for nearly 91% of the total. Among them, Ping An Wealth Management issued the largest number of new products, with 121; next were Minsheng Wealth Management and Xingyin Wealth Management, with 109 and 94 issued, respectively. In addition, 53 banks issued 133 wealth management products. Tianjin Bank issued the most, with 8 new wealth management products; next were Beijing Rural Commercial Bank and Fuyang Rural Commercial Bank, both issuing 7 wealth management products.

From the perspective of investment nature, among the 1,402 newly issued wealth management products last week, 1,390 were fixed-income products, accounting for more than 99%. They mainly invest in fixed-income assets such as interbank certificates of deposit, bank deposits, and bonds. The remaining 12 products were hybrid products. They mainly invest in fixed-income assets such as deposits and bonds, as well as equity-type assets such as stocks and qualified public funds with exposure to equity-like derivatives and other eligible assets in accordance with regulatory requirements. The proportion of each asset class was all below 80%.

The 2025 performance results of wealth management subsidiaries have been released one after another. According to data from Qichacha Yujingtong, as of now, 13 wealth management companies have released their main performance indicators, among which 9 have seen growth in net profit.

In 2025, Agricultural Bank of China Wealth Management led both net profit and net profit growth rate, achieving full-year net profit of RMB 3.754 billion, up 91.92% year over year. CMB Wealth Management, Xinyin Wealth Management, Xingyin Wealth Management, and Bank of China Wealth Management followed closely, with last year’s net profit all also exceeding RMB 2 billion, at RMB 2.726 billion, RMB 2.664 billion, RMB 2.586 billion, and RMB 2.499 billion, respectively. Their year-over-year growth rates were -0.47%, 6.93%, -4.01%, and 27.31%, respectively.

Chengdu Rural Commercial Bank Wealth Management, BOCOM Wealth Management, and ICBC Wealth Management also recorded double-digit growth in net profit. In 2025, Chengdu Rural Commercial Bank Wealth Management achieved net profit of RMB 302 million, up 23.27%; BOCOM Wealth Management’s net profit was RMB 1.571 billion, up 17.32%; and ICBC Wealth Management’s net profit was RMB 1.637 billion, up 15.12%.

In terms of wealth management product scale, CMB Wealth Management remained in the lead. As of the end of 2025, the balance of wealth management products reached RMB 2.64 trillion, up 6.88% from the end of the previous year. The wealth management scale of four companies—Xingyin Wealth Management, Xinyin Wealth Management, Agricultural Bank of China Wealth Management, and ICBC Wealth Management—also exceeded RMB 2 trillion, at RMB 2.43 trillion, RMB 2.3 trillion, RMB 2.15 trillion, and RMB 2.09 trillion, respectively.

From the growth rate of wealth management scale, Boshan Wealth Management and China Post Wealth Management showed particularly strong increases. Among them, Boshan Wealth Management’s managed product scale reached RMB 248.932 billion, up RMB 83.097 billion from the end of last year, a growth rate of 50.11%; China Post Wealth Management’s product scale reached RMB 132 billion, up 28.81% from the end of last year.

Editor/Qian Xiaorui Wang Xinyu

(Comprehensive from East Money, Qichacha Yujingtong, Agricultural Bank of China Wealth Management, Bank of China Wealth Management, CMB Wealth Management, Xinyin Wealth Management, Xingyin Wealth Management, Chengdu Rural Commercial Bank Wealth Management, Boshan Wealth Management, China Post Wealth Management, BOCOM Wealth Management, ICBC Wealth Management)

(Editor: Qian Xiaorui)

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