Core Viewpoint - Daqo Energy's stock price has declined by 8.05% to 30.25 yuan, despite maintaining an "overweight" investment rating from Zhongyuan Securities due to its solid financial position and steady operations [1][2] Group 1: Company Overview - Daqo Energy was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 22, 2021, with an initial public offering of 300 million shares at a price of 21.49 yuan per share [1] - The total amount raised from the IPO was 644.7 million yuan, with a net amount of 606.72 million yuan, exceeding the original plan by 106.72 million yuan [1] - The funds raised were intended for projects including the annual production of 1,000 tons of high-purity semiconductor materials and 35,000 tons of polysilicon, as well as for working capital [1] Group 2: Recent Developments - In 2022, Daqo Energy issued A-shares to specific investors, raising a total of approximately 10.99 billion yuan at a price of 51.79 yuan per share [2] - After deducting issuance costs, the net amount raised was approximately 10.94 billion yuan, which has been fully utilized by the end of 2023 [2] - The total funds raised from both the IPO and the subsequent issuance amount to 17.447 billion yuan [2]

Group 1 - Central China Securities appointed Huaxinhui as the new vice president, following the notification from the Henan Provincial Government [1] - Huaxinhui previously served as the president of the Luoyang branch of Zhongyuan Bank and was penalized for compliance violations during his tenure [2] Group 2 - In the first half of 2025, Central China Securities reported a revenue of 921 million yuan, a year-on-year decline of 23.14%, while net profit attributable to shareholders increased by 29.34% to 260 million yuan [3][4] - The company experienced a significant drop in self-operated business income, reporting a loss of 84 million yuan in 2024 and a revenue of 73 million yuan in the first half of 2025, down over 80% year-on-year [6] Group 3 - Central China Securities has seen frequent executive changes, with the chairman, CIO, and vice president resigning within a short period [5]

Core Viewpoint - Zhongzhou Securities (01375) plans to establish a partnership with Henan Asset Fund and Henan Asset, enhancing its private equity fund management capabilities and expanding its business scale [1] Group 1: Partnership Agreement - Zhongzhou Securities' wholly-owned subsidiary, Zhongding Kaiyuan, signed a partnership agreement with Henan Asset Fund and Henan Asset on September 8, 2025 [1] - The total committed capital for the partnership is capped at RMB 125 million, with Zhongding Kaiyuan contributing up to RMB 50 million [1] Group 2: Business Expansion - The establishment of the fund will increase Zhongding Kaiyuan's private equity fund management scale, thereby strengthening the company's business capabilities [1]

Core Viewpoint - Zhongzhou Securities (01375) has established a partnership agreement to form a new partnership enterprise, enhancing its private equity fund management capabilities [1] Group 1: Partnership Agreement - The partnership agreement was signed on September 8, 2025, between Zhongding Kaiyuan (as the general partner) and Henan Asset Fund (as the general partner) along with Henan Asset (as the limited partner) [1] - The total committed capital for the partnership enterprise will not exceed RMB 125 million, with Zhongding Kaiyuan's contribution capped at RMB 50 million [1] Group 2: Business Expansion - Following the establishment of the fund, Zhongding Kaiyuan will increase its private equity fund management scale, contributing to the further expansion of the company's private equity business [1] - This move is expected to enhance the company's business strength in the private equity sector [1]

Core Viewpoint - Zhongzhou Securities (01375.HK) announced the establishment of a partnership with Dingkai Investment and Henan Assets, aiming to enhance its private equity fund management capabilities through a new fund focused on debt-to-equity conversion funds [1] Group 1: Partnership Agreement - The partnership agreement was signed on September 8, 2025, involving Dingkai Investment and Henan Assets as general partners, and Henan Assets as a limited partner [1] - The total committed capital for the partnership is capped at RMB 125 million, with Dingkai Investment contributing up to RMB 50 million [1] Group 2: Fund Management and Investment Focus - Dingkai Investment will act as the fund manager for the newly established partnership [1] - The fund will primarily invest in debt-to-equity conversion funds issued by private fund managers registered with the Asset Management Association of China [1] Group 3: Business Expansion - The establishment of this fund is expected to increase the scale of Zhongzhou Securities' private equity fund management, thereby enhancing its business strength in the private equity sector [1] - The partnership is tentatively named Henan Hongding Equity Investment Partnership (Limited Partnership), subject to official registration [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Central China Securities Co., Ltd. （2002年於中華人民共和國河南省成立的股份有限公司，中文公司名稱為「中原証券股份有限公司」， 在香港以「中州証券」名義開展業務） （股份代號：01375） 關連交易 成立合夥企業 由於合夥協議及其項下之交易相關之一項或以上適用之百分比率（定義見上 市規則第14.07條）（盈利比率除外）高於0.1%但均低於5%，訂立合夥協議須遵 守上市規則第14A章項下有關申報及公告之規定，惟獲豁免遵守有關通函及 獨立股東批准之規定。 – 1 – 背景 董事會宣佈，中鼎開源（作為普通合夥人）與河南資產基金（作為普通合夥人） 及河南資產（作為有限合夥人）於2025年9月8日訂立合夥協議，藉以成立合夥企 業。合夥企業全體合夥人認繳出資總額不超過人民幣125百萬元，其中，中鼎 開源認繳出資額不超過人民幣50百萬元。中鼎開源將作為合夥企業的基金管理 人。合夥 ...

风险提示：泓鼎基金仍处于筹备设立阶段，尚需通过市场监督管理部门 及中国证券投资基金业协会等有关机构登记注册、备案等手续，具体实施结果存 在不确定性。泓鼎基金具有投资周期长、流动性较低的特点，在投资运作过程中， 可能将受到宏观经济、行业周期、政策法规、投资标的经营管理等多种因素影响， 可能存在不能实现预期效益、不能及时退出等风险。敬请广大投资者注意投资风 本次交易构成关联/连交易。 本次交易不构成重大资产重组。 一、关联/连交易概述 中原证券股份有限公司 关于全资子公司发起设立私募基金暨关联/连交易的 公告 中原证券股份有限公司（以下简称"公司"）董事会及全体董事保证本公 告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、 准确性和完整性承担法律责任。 重要内容提示： 交易简要内容：公司全资子公司中鼎开源创业投资管理有限公司（以下 简称"中鼎开源"）拟认缴出资不超过人民币 5,000 万元与关联/连人河南资产基 金管理有限公司（以下简称"河南资产基金"）和河南资产管理有限公司（以下 简称"河南资产"）共同设立河南泓鼎股权投资合伙企业（有限合伙）（暂定名， 以下简称"基金"或"泓鼎基金"），基 ...

Group 1 - Zhongyuan Securities (601375.SH) announced the establishment of a new private equity fund, Hongding Fund, in collaboration with Henan Assets and Henan Assets Fund [1] - The company’s wholly-owned subsidiary, Zhongding Kaiyuan, plans to contribute no more than RMB 50 million to the fund [1] - The total proposed scale of the Hongding Fund is set to not exceed RMB 125 million [1]

Group 1 - The core viewpoint of the article is that Zhongyuan Securities is expanding its private fund management business by establishing a new fund called Hongding Fund, in collaboration with Henan Assets and Henan Assets Fund [1] - Zhongyuan Securities' wholly-owned subsidiary, Zhongding Kaiyuan, plans to contribute no more than RMB 50 million to the fund [1] - The total planned scale of the Hongding Fund is set to be no more than RMB 125 million [1]

格隆汇9月8日丨根据联交所最新权益披露资料显示，2025年9月2日，中州证券(01375.HK)获易方达基金管理有限公司在场内以每股均价2.8055港元增持343.3 万股，涉资约963.13万港元。 | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 費出或涉及的 每股的平均價 | | | | | 持有權益的股份數目 佔已發行的 有關事件的日期相 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 博 | 開困 | 股份數目 | | | ( 請參閱上述 * 註 | 有投票權股 (日 / 月 / 年) 核 | | | | | | | | | 份百分比 | | | | | | | | | ( % ) | | CS20250905E00271 | 易方达基金管理有限公司 | 1101(L) | | 3,433,000(L) | HKD 2.8055 | 144.692,000(L) | 12.10(L)02/09/2025 | 增持后，易方达基金管理有限公司最新持股数目为144,692,000股，持股比例由11.82%上升至12.1 ...