江南时报讯 工行南通如皋支行积极响应客户跨国金融服务需求，紧密联动境外分行，成功办理一笔工 银新加坡见证解控业务，解决了客户燃眉之急，也为该行在跨境业务协同积累了宝贵的实战经验。 近日，一位客户到店要求办理借记卡解控业务，经工作人员了解，客户此前在新加坡工作，其银行卡开 户行为新加坡分行，目前客户已回国定居，客户自行转出卡内余额时发现账户被锁定，无法进行操作， 故到店需求帮助。该行工作人员在了解客户情况后，第一时间通过内部渠道联系到新加披分行零售业务 部并反馈客户情况及诉求。经查询反馈，客户卡片控制是因其工作签证过期所致，并清晰列明解控所需 材料清单。该行工作人员凭借专业的沟通能力和高效的执行力，迅速指导客户完善资料，并完成资料上 传，在一小时内成功完成账户解控业务，获得了客户的称赞。 此次见证解控业务的成功办理，充分体现该行境内外机构高效联动能力、应对复杂业务场景的解决能力 和以客户为中心的服务能力。该行将继续秉持"客户至上"的原则，勇于创新、加强协作，不断提升客户 综合服务水平和市场竞争能力。 ...

Core Insights - The Industrial and Commercial Bank of China (ICBC) Nantong Xinqiao Branch has effectively implemented a customer-centric service model, responding to the needs of a construction company with many new employees lacking bank accounts [1][2] - The branch organized a dedicated service team to facilitate the opening of bank accounts and promote various financial products, enhancing customer satisfaction and engagement [1][2] Group 1 - The branch identified a significant need for banking services among new employees of a construction company who did not have ICBC bank cards [1] - A mobile service team was deployed to assist employees in opening accounts, utilizing portable card issuance technology despite challenges such as limited space and poor network signal [1] - The service included personalized guidance and marketing of additional financial products, such as pension accounts and credit cards, to meet diverse customer needs [1] Group 2 - The initiative resulted in the successful opening of 12 new specialty cards, 6 pension accounts, 11 mobile banking accounts, and 11 credit cards, along with 13 tripartite custody accounts [2] - The service approach exemplifies ICBC's commitment to inclusive finance and improving the quality of financial services for customers [2] - The branch plans to continue innovating service models to enhance efficiency and customer experience [2]

Group 1 - The Hong Kong capital market has shown strong performance since 2025, with 88 new IPOs this year and a total fundraising amount exceeding 250 billion HKD, maintaining the top position globally for IPO fundraising [1] - Daily trading volume in Hong Kong has surpassed 33 billion USD, setting a historical high and confirming the recovery outlook from several international financial institutions [1] - Hong Kong's advantages, such as transparent regulations and deep integration with mainland China, have attracted international institutional investors, boosting the IPO market's activity [1] Group 2 - The "A+H" dual listing model has become increasingly active this year, with significant assistance from Baihui Financial Holdings, facilitating multiple A+H listings [2] - Major mainland companies are using Hong Kong as a key bridge to international investors, with notable firms like CATL and Hengrui Medicine successfully listing on the Hong Kong Stock Exchange [2] - The trend of A+H listings indicates that A-share companies are enhancing their global capital reach and that Hong Kong is transforming into an international platform for high-quality Chinese assets [2] Group 3 - Hong Kong continues to play a dual role as a "super connector" and "super value creator," linking Chinese and global markets through its regulatory framework and professional financial services [3] - The Global Financial Centers Index report ranked Hong Kong first in financial technology development, supporting the innovative growth of the capital market [3] - The IPO activities and fundraising scale in Hong Kong are expected to maintain growth in the coming year, driven by the rapid development of AI, green technology, and new consumption sectors [3]

作为全省首单业务，无先例可循，这对审查审批人员的专业判断能力和风险识别水平提出了更高要求。 在审批过程中，始终坚持审慎原则，全面评估其经营管理状况、财务状况、现金流稳定性、项目可行性 以及市场前景。通过多维度、全方位的综合评估，确定该企业具备良好的发展潜力和可靠的偿债能力， 项目本身兼具社会价值与经济可行性，风险总体可控。 最终，该笔项目融资方案顺利通过审批。这不仅及时满足了企业在转型升级过程中的合理融资需求，为 其提升服务质量、实现绿色可持续发展注入了强劲的金融动力，也开辟了新的融资领域。 殡葬服务业作为一项特殊的社会服务行业，关乎基本民生，连接千家万户的情感慰藉，是我国社会保障 体系的重要组成部分。随着社会进步和观念更新，公众对殡葬服务的规范性、人文性和环保性提出了更 高要求，行业转型升级、设施更新、服务提升的需求日益迫切。在接到经办行融资申请后，该行审批部 门立即组织审批团队对项目融资的可行性进行了深入分析。 江南时报讯 近日，工行南通分行审批通过了全省首单针对殡葬服务行业的项目融资，这不仅是一笔新 增的融资业务，更是在拓展服务民生领域新路径、践行社会责任方面的一次积极探索与重要突破。 ...

在ATFX全球战略扩张的持续推进下，高端人才正加速集结。近日，ATFX宣布一项重要人事任命： Charbel Raffoul正式出任集团中东和北非地区合规主管。这也是继2024年3月格雷厄姆·莫里斯（Graham Morris）出任澳大利亚业务合规主管之后，ATFX再次引入的又一位重量级合规领域专家。这一战略性 任命，进一步巩固了ATFX在中东和北非地区强化监管合规体系、提升公司治理水平的坚定承诺。 在全球化的商业版图中，深入理解不同区域市场的监管环境与商业生态，是成功开拓市场、有效规避经 营风险并实现可持续增长的关键。合规风险管理不仅关乎法律遵从，更是企业信誉、客户信任与长期竞 争力的基石。针对不同司法管辖区的独特监管要求，量身定制本地化合规战略，已成为全球知名金融科 技企业稳健发展的核心能力之一。 Charbel Raffou的加入正是如此。伴随其加入，他将全面负责ATFX在中东和北非市场的合规体系建设、 监管沟通与政策执行，推动合规与业务发展的深度融合，从而为公司在该区域的高质量扩张提供坚实保 障。 履历丰富，经验老道 不仅如此，在其职业生涯中，Charbel Raffoul成功设计和实施了强有力的合规 ...

Core Insights - The integration of domestic and foreign currency accounts in Jiangsu marks a significant breakthrough in cross-border financial services, enhancing efficiency for foreign trade enterprises [1] - The new banking system allows companies to manage multiple currencies through a single account, streamlining processes and reducing operational costs [6][7] Group 1: Cross-Border Financial Solutions - The pilot program for the integrated currency account system was initiated in Jiangsu, with Construction Bank's Jiangsu branch leading the effort to empower foreign trade enterprises [1] - The integrated account system enables companies to conduct foreign exchange transactions and cross-border payments online, significantly improving operational efficiency [2][3] Group 2: Customized Services for Enterprises - Construction Bank's Yancheng branch created a tailored cross-border financial package for a technology company, allowing for seamless currency management and online transactions [2] - A leading engineering machinery company received a customized service plan that included a "1+N" account structure, facilitating the management of multiple currencies and reducing financial operation costs [3][4] Group 3: Impact on Business Operations - The new account system has been well-received by enterprises, with significant improvements in transaction efficiency and financial management reported [4][5] - Companies like Dinghong Home Products have experienced enhanced cross-border payment capabilities, reducing the time and complexity involved in managing multiple currency accounts [6][7] Group 4: Overall Economic Transformation - The integrated account system is reshaping the foreign trade ecosystem in Jiangsu, enabling companies to better navigate global trade settlement demands [7] - Construction Bank's initiatives are positioned as accelerators for the transformation and upgrading of foreign trade enterprises, supporting their growth in the global market [7]

Core Insights - The recent announcement of the "Chinese Family Common Medicine Listed Brands" recognized two products from China Resources Double Crane, highlighting their quality and market reputation [1] Group 1: Brand Heritage and Product Matrix - China Resources Double Crane has over 80 years of history, integrating the mission of "caring for the public and health of the people" into its operations [2] - The company has developed a comprehensive product matrix covering key therapeutic areas such as cardiovascular, pediatrics, anti-infection, metabolism, and endocrinology [2] Group 2: Product Advantages and User Value - The winning product, Linghuang Amine Cough Tablets, is a compound cold medicine that combines traditional Chinese medicine with Western medicine, effectively alleviating symptoms of common colds and flu [4] - The other award-winning product, Jujube Seed Anshen Granules, is based on traditional Chinese medicine principles, aimed at improving sleep quality and is recommended in various clinical guidelines [5] Group 3: Commitment to Quality and Future Outlook - China Resources Double Crane emphasizes strict quality management throughout the entire process of research, production, and quality control, ensuring the safety and effectiveness of its products [6] - The company aims to continue product innovation and upgrade, aspiring to deliver more high-quality medicines to households and contribute to the "Healthy China" strategy [7]

为全面落实积极应对人口老龄化国家战略，有效满足"银发"客群全方位、多层次的金融服务需求，紫金 农商银行秉持金融服务的政治性、人民性，以网点适老化改造、产品适老化倾斜、服务适老化延伸为抓 手，统筹推进养老金融综合服务，用情用力书写养老金融大文章。 有所享：网点适老化升级 紫金农商银行聚焦养老金融痛点难点，严格按照适老化服务改造标准，持续优化厅堂服务环境和金融功 能，着力提升老年客户业务办理的便捷性和舒适性。 "服务好不好，老人说了算！"金牛湖支行负责人对员工说道。走进省级适老网点金牛湖支行，适老化改 造的"温度"扑面而来。在"银发关爱区"，老花镜、轮椅、急救箱等适老设施一应俱全；在"助老爱心窗 口"，"密码键盘闪亮提示标签"格外醒目；在"老年文化活动室"，一场场有声有色的反诈情景剧正在上 演…… 这只是紫金农商银行积极落实网点适老化改造的一个缩影。该行在营业厅堂外设置无障碍通道，增添无 障碍扶手，张贴醒目的"注意台阶""小心地滑"等适老化指引标识和紧急联络电话；厅堂内设置爱心座 椅，配备老花镜、便民服务箱、放大镜、轮椅等便民服务设施；为老年客户专设"绿色服务"通道，开 设"爱心窗口"，设置敬老服务专员，全程为老 ...

11月22日，"匡时姑苏 财链未来"主题论坛暨上海财经大学校友会苏州代表处年会在苏州尹山湖希尔顿 酒店隆重举行，上海财经大学校党委副书记、纪委书记何鹏程，上海财经大学数字经济研究院院长高红 冰等领导出席活动。东融科技集团董事长胡玉建受邀参加并被聘为上海财经大学苏州校友会理事及副会 长。 此次胡玉建董事长受聘为上海财经大学苏州校友会理事及副会长，标志着集团与上海财经大学的合作迈 入新阶段。未来，东融将继续携手上海财经大学，依托校友平台资源，深化在科技创新、产业研究与人 才培养等方面的合作，共同为区域经济高质量发展与行业变革注入新动能。 活动中，上海财经大学校友会苏州代表处正式宣布了理事及副会长增补名单。东融科技集团董事长胡玉 建凭借在金融科技领域的深耕以及校企合作中的积极推动，被聘为上海财经大学苏州校友会理事及副会 长。 作为上海财经大学EMBA优秀校友以及上海财经大学商学院MBA实践导师，胡玉建董事长始终积极推 动校企合作。近期，上海财经大学校领导多次率队参访东融科技集团，双方围绕整合实践项目研究方 向、共建人才培养基地、合作成立研究院等议题进行了多轮深入交流，并初步达成多项合作意向，为未 来深度合作奠定了坚 ...

Core Insights - The launch of the IPO for Moer Thread Intelligent Technology marks a significant event in China's chip industry, with an issue price of 114.28 yuan per share, making it the highest-priced new stock of the year and raising 8 billion yuan, setting a record for the Sci-Tech Innovation Board [1] - The company is set to become the first listed firm in the A-share market focusing on "full-function GPUs," indicating a critical revaluation of the domestic high-end GPU sector [1] Company Overview - Founded in 2020, Moer Thread's founding team has a background in NVIDIA, with founder Zhang Jianzhong previously serving as NVIDIA's global vice president [2] - The company has rapidly iterated four generations of GPU architecture within four years, covering high-performance computing fields such as AI intelligence, cloud computing, and personal computing [2] Financial Performance - Revenue surged from 46 million yuan in 2022 to 438 million yuan in 2024, with a compound annual growth rate exceeding 200%, and revenue for the first half of 2025 reached 702 million yuan, nearly 1.6 times that of the previous year [2] - The gross margin has remained stable at around 70% from 2024 to the first half of 2025, indicating strong product competitiveness [2] Market Valuation - The IPO pricing reflects the market's enthusiasm for scarce technological assets, with a total market capitalization of 53.7 billion yuan and a price-to-sales ratio of 122.51 times, alongside a price-to-earnings ratio of 60.12 times, both significantly above industry averages [3] - Such high valuations imply that the market has incorporated extremely optimistic future growth expectations, posing a risk of significant valuation corrections if revenue growth or gross margins do not meet expectations [3] Competitive Landscape - Moer Thread's strategy focuses on full-function GPUs, which integrate multiple computing engines, catering to diverse computational needs, and is supported by the MUSA unified system architecture [3] - The company has transitioned from a hardware supplier to a computing infrastructure platform with its "KUA" intelligent computing cluster, capable of supporting advanced model pre-training [4] Challenges Ahead - Despite the broad application scenarios for full-function GPUs, the company faces intense competition from specialized manufacturers in each segment [5] - The company has not yet achieved profitability and relies on continued financing to support technology development and market expansion [5] - Being listed on the "entity list" may restrict access to advanced process chips and EDA tools, necessitating a more resilient supply chain [5] - The competitive landscape includes domestic rivals such as Biran and Muxi, requiring Moer Thread to maintain technological leadership and market competitiveness [5] Industry Significance - The record IPO price for Moer Thread represents a milestone in China's hard technology sector, reflecting strong market confidence in domestic high-end GPU solutions, particularly in the full-function GPU pathway [6] - The company's post-IPO performance will serve as a barometer for the development of the entire domestic high-end chip industry [6]