Core Viewpoint - Tianjin Jieqiang Power Equipment Co., Ltd. has received a corrective order from the Tianjin Securities Regulatory Bureau due to internal control deficiencies in financial and contract management [2][5] Group 1: Regulatory Actions - The Tianjin Securities Regulatory Bureau has decided to impose corrective administrative measures on Jieqiang Equipment due to issues in internal controls [5] - Warning letters were issued to the company's former chairman and general manager Pan Feng, former financial director Xu Benyou, and others [5] Group 2: Financial Performance - From 2021 to 2024, the company's net profit attributable to shareholders was 30.99 million yuan, -17.43 million yuan, -67.90 million yuan, and -278 million yuan respectively [5] - In the first three quarters of 2025, Jieqiang Equipment achieved revenue of 169 million yuan, a year-on-year increase of 8.07%, while the net profit attributable to shareholders was -23.19 million yuan, a year-on-year decline of 146.20% [5] Group 3: Internal Control Issues - The company has not established sound financial and accounting management systems, leading to significant internal control deficiencies [5] - Between September 2022 and March 2025, Jieqiang Equipment used employees' personal bank accounts for receiving and paying related funds [5] - The company signed fictitious business contracts in 2022 and 2023, resulting in unrecognized income and costs, and some outsourced R&D contracts were not executed as agreed, with early payments made [5]

Group 1 - The core point of the news is the change in leadership at Dongfang Zhenxuan (Beijing) Technology Co., Ltd., with Yu Minhong, the founder of New Oriental, taking over as the legal representative and manager from Sun Dongxu [2][3] - Sun Dongxu has stepped down from his roles as legal representative, executive director, and manager, but he continues to serve as the legal representative, executive director, and manager of the parent company, Dongfang Youxuan (Beijing) Technology Co., Ltd. [4] - The company has expanded its business scope to include restaurant management, delivery services, and catering services, indicating a strategic adjustment in operations [3] Group 2 - Yu Minhong announced Sun Dongxu's departure, emphasizing that Sun was a co-founder and played a crucial role in the company's development [6] - Yu Minhong expressed support for Sun Dongxu's decision to leave for personal reasons and maintained that their communication remains positive without any conflicts [6]

11月28日，国家金融监督管理总局浙江监管局发布批复，核准何欣东方嘉富人寿保险有限公司董事长的任职资格。 东方嘉富人寿的前身为中韩人寿，1月份，国家金融监督管理总局浙江监管局网站发布批复，同意中韩人寿保险有限公司名称变更为"东方嘉富人寿保险有限 公司"。 2022年10月，何欣获批出任中韩人寿董事。2024年1月，中韩人寿发布公告称，金朝萍不再担任董事长，董事何欣被选举为拟任董事长。时隔近两年，其董 事长任职资格终获监管批复。 ...

Core Viewpoint - The Jiangsu Securities Regulatory Bureau has imposed significant penalties on a senior executive of a securities company, Chen Moutao, for engaging in insider trading and manipulating stock transactions over an extended period, resulting in substantial illegal profits and market disruption [2][3][4][5]. Group 1: Violations and Penalties - Chen Moutao utilized his position to access trading information from 32 securities accounts, engaging in synchronized trading across 8 accounts, resulting in the purchase of 585 stocks with a total investment of 859 million yuan and a profit of 18.75 million yuan [2]. - From September 2011 to March 2023, Chen controlled 24 accounts, executing trades totaling 4.544 billion yuan and generating profits of 26.4 million yuan [3]. - The Jiangsu Securities Regulatory Bureau confiscated illegal gains of 45.15 million yuan from Chen and imposed a fine of 90.30 million yuan, totaling approximately 135 million yuan in penalties [3]. Group 2: Market Ban - Chen Moutao received an 8-year ban from the securities market due to the severity and duration of his violations, which significantly disrupted market order [4]. - Additionally, a 5-year ban was imposed, preventing him from trading securities directly or indirectly during this period [5]. - Media reports suggest that Chen Moutao's profile closely matches that of Chen Yutao, a former vice president and CIO of Guotai Junan Securities, who had a high annual salary of 4.6185 million yuan in 2017 [5].

Group 1 - Xi'an Yicai plans to invest approximately 12.5 billion yuan in the Wuhan silicon material base project, focusing on producing silicon monocrystalline polished wafers and epitaxial wafers for advanced integrated circuits [1] - CATL has repurchased 15.99 million A-shares for a total expenditure of approximately 4.386 billion yuan, representing 0.36% of its total A-share capital [1][2] - Tianpu Co. has completed a stock suspension review after a 451.8% increase in stock price from August 22 to November 27, and its shares will resume trading [2] Group 2 - Jiangbolong plans to raise no more than 3.7 billion yuan through a private placement for high-end memory research and development projects [4] - Ashi Chuang intends to raise no more than 900 million yuan for semiconductor material projects and to supplement working capital [5] - Aike Co. plans to acquire 100% equity of Dongguan Qixiang for 2.2 billion yuan, focusing on products applicable in new energy battery and storage fields [6] Group 3 - Xiangyuan Cultural Tourism's subsidiary intends to acquire 100% equity of Jinxiu Lianhua Mountain for approximately 345 million yuan, which operates a national AAAA-level tourist attraction [7] - Zhongding Co. plans to issue convertible bonds totaling no more than 2.5 billion yuan for various projects including smart robots and new energy vehicle systems [9] - Jingtou Development intends to acquire 45% equity of Shanghai Lishi and related debts, aiming for full ownership of the company [10] Group 4 - Luoyang Molybdenum's subsidiary plans to invest 500 million yuan in a fund focusing on technology, healthcare, and consumer goods [11] - Transsion Holdings has submitted an application for H-share listing on the Hong Kong Stock Exchange [12] - ST Zhiyun's controlling shareholder is set to change, with a new entity gaining control over 18.61% of voting rights [13] Group 5 - Chongqing Construction's second-largest shareholder plans to transfer 12.95% of state-owned shares to other state-owned entities [14] - Longpan Technology's subsidiary signed a long-term procurement agreement to supply 106,800 tons of lithium iron phosphate materials, with a total contract value estimated between 4.5 billion to 5.5 billion yuan [15] - Junting Hotel's controlling shareholder will change to Hubei Cultural Tourism Group, with shares resuming trading [16] Group 6 - Hefei Guotou will become the controlling shareholder of Chuanan Technology after a private placement to raise no more than 1.419 billion yuan for various projects [18] - Xianglu Tungsten's shareholder plans to reduce holdings by up to 1.6 million shares, representing 0.49% of total shares [20] - Ankai Micro plans to acquire 85.79% of Siche Technology for 326 million yuan, focusing on AIoT chip design [20]

Core Viewpoint - Invesco Great Wall Fund announced the liquidation of its Invesco Great Wall Industry Selection One-Year Holding Mixed Fund, with the last operational day being November 11, 2025, and the liquidation process commencing on November 12, 2025 [2] Fund Details - Fund Name: Invesco Great Wall Industry Selection One-Year Holding Mixed Securities Investment Fund [3] - Fund Abbreviation: Invesco Great Wall Industry Selection One-Year Holding Mixed [3] - Fund Main Code: 014790 [3] - Fund Code: Class A Share 014790 / Class C Share 014791 [3] - Fund Operation Type: Contractual open-end [3] - Fund Contract Effective Date: May 4, 2023 [3] - Fund Manager: Invesco Great Wall Fund Management Co., Ltd. [3] Fund Performance - The fund's initial fundraising period was from February 20 to March 10, 2023, with the final fundraising deadline extended to April 27, 2023, achieving a net subscription amount of approximately 209 million yuan [4] - As of the end of Q3 2025, the fund's asset net value was approximately 40.5141 million yuan, having experienced a decline since its establishment [4] - The fund's unit net value increased by 32.78% since inception, with a 37.54% increase over the past year and a 33.82% increase over the last three months [4] - As of Q3 2025, the fund held 84.05% in stocks and did not hold any bonds, with top ten holdings including Alibaba-W, CATL, Tencent Holdings, and others [4] Fund Management - The fund manager is Zhan Cheng, who entered the hundred billion fund manager tier in Q1 2021, but by the end of Q1 the following year, the managed scale was below one hundred billion [4]

Core Points - LeShua Payment Technology Co., Ltd. has been fined 3.695 million yuan for violating clearing management regulations and merchant management regulations, with an additional confiscation of illegal gains amounting to 741,685.22 yuan [2] - An individual named Shu, who was the risk control director at LeShua Payment, has been fined 15,000 yuan for being responsible for the company's violations of merchant management regulations [2] - In March, LeShua Payment received a significant penalty totaling 4.45011406 million yuan for multiple violations, including failure to conduct due diligence on outsourced service providers [1][2] Summary by Category Administrative Penalties - LeShua Payment was penalized with a fine of 3.695 million yuan and the confiscation of 741,685.22 yuan in illegal gains [2] - Shu, the risk control director, was fined 15,000 yuan for his responsibility in the violations [2] Previous Violations - In March, LeShua Payment faced a total penalty of 4.45011406 million yuan for various infractions, including violations of institutional management and merchant management regulations, as well as failing to conduct due diligence on outsourced service providers [1][2]

息烽发展村镇银行成立于2011年6月15日，现注册资本为6亿元，贵阳银行持股比例为37.4%。截至2025年6月末，息烽发展村镇银行资产总额为4.22亿元，存 款余额为2.93亿元，贷款余额为1.45亿元。不过，2025年上半年，息烽发展村镇银行净亏损为331.99万元。 贵阳银行2025年前三季度报告显示，前三季度实现营业收入94.35亿元，同比下降13.73%；实现归母净利润39.15亿元，同比下降1.39%。截至9月末，该行资 产总额为7465.89亿元，存款总额为4350.27亿元，贷款总额为3457.41亿元。 11 月 26 日，贵阳银行股份有限公司（以下简称 "贵阳银行"）召开 2025 年第三次临时股东大会，核心审议《关于拟收购息烽发展村镇银行有限责任公司设 立分支机构的议案》。该议案最终以多数票获通过，但却遭到19.0713%股东反对，特别是5%以下股东反对票的比例高达27.2325%。 | 股东 | 同意 | | 反对 | | 穿权 | | | --- | --- | --- | --- | --- | --- | --- | | 类型 | 票数 | 比例(%) | 票数 | 比例(%) ...

11月28日，建信基金管理有限责任公司发布公告称，经董事会审议通过，聘任张铮担任财务负责人，任职时间自2025年11月26日起生效，相关事项将按规定 报中国证监会北京监管局、中国证券投资基金业协会备案。 此次履新的张铮从业经历深度绑定中国建设银行体系，1997年4月加入建行总行后，先后在资金计划部、计划财务部、金融市场部、香港资金运营中心、私 人银行部等多个部门任职，长期从事金融市场研究、资金交易、本币投资等业务，目前已任建信基金党委委员、副总裁，此次新增财务负责人职务。 ...

近日，北京金融监督管理局发布《关于刘家宇北京国际信托有限公司总经理助理任职资格的批复》，核准刘家宇担任北京国际信托有限公司（以下简称 "北 京国际信托"）总经理助理的任职资格，要求其自行政许可决定作出之日起3个月内到任，未按期到任则该批复文件失效，由监管部门办理行政许可注销手 续。 ...