金融街证券股份有限公司 Financial Street Securities Co.,Limited (于中华人民共和国注册成立的股份有限公司) 章程 中国 二零二四年八月 （经公司 2024 年第二次临时股东大会审议批准修订） 第 1 页 共 83 页 制定依据： 《中华人民共和国公司法》、《中华人民共和国企业国有资产法》、《中国共产党章程》、《中华人 民共和国证券法》、《到境外上市公司章程必备条款》、《香港联合交易所有限公司证券上市规则》、 《证券公司治理准则》、《证券公司股权管理规定》等。 第 2 页 共 83 页 第一章 总 则 第一条 为维护金融街证券股份有限公司（以下简称"公司"或"本公司"）、股东和债权 人的合法权益，规范公司的组织和行为，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国企业国有资产法》、《中国共产党章程》、《中华人民共和国证券法》（以下简称 "《证券法》"）、《国务院关于股份有限公司境外募集股份及上市的特别规定》（以下简称"《特别 规定》"）、《到境外上市公司章程必备条款》（以下简称"《必备条款》"）、《关于到香港上市公司 对公司章程作补充修改的意见 ...

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分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。 恒投證券 HENGTOU SECURITIES （於中華人民共和國以中文公司名稱「金融街證券股份有限公司」 （前稱「恒泰证券股份有限公司」）註冊成立的股份有限公司， 在香港以「恒投證券」（中文）及「HENGTOU SECURITIES」（英文）名義開展業務） （股份代碼：01476） 更改公司名稱 茲 提 述 金 融 街 證 券 股 份 有 限 公 司（前 稱 恒 泰 証 券 股 份 有 限 公 司）（「本公司」） 日期為2024年8月2日之公告（「該公告」）及本公司日期為2024年8月8日 之 2024年 第 二 次 臨 時 股 東 大 會 通 函（「該通函」），內 容 有 關（其 中 包 括）建 議 更改公司名稱 及建議修改《公司章程》。除 文 義 另 有 所 指 外，本 公 告 所 用 詞 彙 與 該 通 函 所 界 定 者 具 ...

| 重要提示 | 2 | | --- | --- | | 第一節 釋義 | 3 | | 第二節 公司簡介 | 7 | | 第三節 會計數據和財務指標摘要 | 10 | | 第四節 管理層討論與分析 | 14 | | 第五節 其他重要事項 | 35 | | 第六節 股份變動及股東情況 | 39 | | 第七節 董事、監事、高級管理人員及員工情況 | 42 | | 獨立審閱報告 | 44 | | 簡明合併損益及其他全面收益表 | 46 | | 簡明合併財務狀況表 | 48 | | 簡明合併權益變動表 | 51 | | 簡明合併現金流量表 | 52 | | 簡明合併財務報表附註 | 53 | 重要提示 本公司董事會、監事會、董事、監事及高級管理人員保證本報告內容的真實、準確、完整，不存在虛假記載、誤導 性陳述或重大遺漏，並就其承擔個別和連帶的法律責任。 本報告已經第五屆董事會第五次會議、第五屆監事會第五次會議審議通過。全體董事和全體監事出席了會議，沒有 董事、監事、高級管理人員聲明對本報告內容的真實性、準確性和完整性無法保證或存在異議。 本公司按照國際財務報告準則編製的截至2025年6月30日止六個月的中期財務資料 ...

FF301 本月底法定/註冊股本總額： RMB 2,604,567,412 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 恒投證券 呈交日期: 2025年9月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 內資股 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,153,721,412 RMB | | | 1 RMB | | 2,153,721,412 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 2,153,721,412 RMB | | | 1 RMB | | 2,1 ...

Group 1 - The "Second Golden Unicorn Best Investment Advisor Selection" event is currently ongoing, organized by Sina Finance in collaboration with Yinhua Fund, aiming to identify outstanding investment advisors and enhance the investment advisory IP construction [1] - The monthly ranking data for August shows that the top investment advisor in the public fund simulation configuration group is Wu Dayao from Guoyuan Securities, achieving a monthly return of 31.32% [1][2] - The second and third positions are held by Hong Xiaowei from Founder Securities with a return of 26.25% and Zhang Kun from GF Securities with a return of 23.07% respectively [1][2] Group 2 - The top 100 rankings for the public fund simulation configuration group for August include notable advisors such as Zhang Yefeng from Guotai Junan Securities with a return of 22.88% and Liu Jiafeng from Guoxin Securities with a return of 21.04% [2][3] - The performance of the top advisors indicates a competitive environment in the investment advisory sector, with several advisors achieving returns above 20% [2][3] - The rankings reflect the effectiveness of different investment strategies employed by various advisors across multiple securities firms [1][2]

Core Viewpoint - 恒泰证券 has shown significant financial recovery in the first half of 2025, with a notable increase in net profit and revenue compared to the previous year, indicating a positive turnaround under the leadership of its current chairman, Zhu Yanhui [1][4]. Financial Performance - The net profit attributable to shareholders for the first half of 2025 is approximately 241 million RMB, representing a 346.86% increase year-on-year [1]. - Total operating revenue, including interest and investment income, is about 1.67 billion RMB, reflecting a year-on-year growth of 42.45% [1]. - The net cash generated from operating activities is around 390 million RMB, showing a substantial increase of 401.32% compared to the previous year [1]. - The return on equity (ROE) stands at 2.86%, a significant increase of 2.19 percentage points year-on-year [1]. Revenue Structure - The revenue breakdown includes commission income of 839 million RMB, interest income of 353 million RMB, net investment income of 259 million RMB, and other income of 215 million RMB [4]. - The total profit for the first half of 2025 is 314 million RMB, with net profit attributable to shareholders at 241 million RMB [4]. Management Changes - Zhu Yanhui has been the chairman since December 2022, and under his leadership, the company has seen a continuous improvement in net profit after a period of losses from 2020 to 2022 [2][5]. - The management transition has been rapid, with Zhu Yanhui also taking on the role of acting president shortly after his appointment [5]. Shareholder Structure - In September 2022, Tianfeng Securities transferred a 9.5754% stake in 恒泰证券 to Beijing Huarong Comprehensive Investment Co., Ltd., marking a shift in the major shareholder to a state-owned entity [5][10]. - Beijing Huarong, a subsidiary of Beijing Financial Street Group, currently holds 21.88% of the shares, indicating a strong state-owned background in the company's ownership structure [10]. Challenges and Compliance Issues - Despite the recovery, 恒泰证券 faces structural challenges, including high sensitivity to investment volatility, with significant unrealized gains contributing to profits [12]. - The company has also encountered compliance issues, as evidenced by a recent penalty from the Shanxi Securities Regulatory Bureau for improper business incentive distribution, highlighting the need for improved internal controls [12].

Core Viewpoint - The second "Golden Kylin Best Investment Advisor" selection is underway, focusing on identifying outstanding investment advisors in wealth management, with various competitions including stock simulation trading and public fund simulation allocation [1]. Group 1: Stock Simulation Trading - The top performer in the stock simulation trading for the week of August 18 to August 24 is Huang Rui from Nanjing Securities, achieving a weekly return of 18.73% [2]. - Lin Yanyu from China Merchants Securities ranks second with a return of 17.90%, while Chen Bingyin from Guosheng Securities comes in third with a return of 16.21% [2]. Group 2: ETF Simulation Trading - In the ETF simulation trading group, Zhang Yefeng from Guotai Haitong Securities leads with a weekly return of 15.68%, followed by Hong Xiaowei from Founder Securities with 15.62%, and Sheng Shaopeng from Everbright Securities with 13.54% [3][4]. Group 3: Public Fund Simulation Allocation - The top performer in the public fund simulation allocation is Hong Xiaowei from Founder Securities with a return of 14.18%, closely followed by Wu Dayao from Guoyuan Securities at 14.15%, and Zhang Kun from GF Securities at 13.38% [6]. - Zhang Yefeng from Guotai Haitong Securities also participated in this category, achieving a return of 10.05% [6]. Group 4: Social IP Service Evaluation - In the social IP service evaluation, Lin Doucan from Huayuan Securities, Li Hui from Western Securities, and Wang Hantang from Huaan Securities are the top three performers [6].

Core Insights - The company reported total operating income of RMB 1.666 billion for the six months ending June 30, 2025, representing a year-on-year increase of 42.45% [1] - Profit attributable to ordinary shareholders reached RMB 241 million, a significant increase of 346.86% year-on-year, with earnings per share at RMB 0.0924 [1] Business Development - The company has adjusted and improved its organizational structure, enhancing the support and empowerment role of its headquarters for branch institutions [1] - There is a focus on deepening online service capabilities, aiming to upgrade traditional marketing models to digital and intelligent formats [1] - The company is committed to establishing a tiered service system for wealth management clients and expanding multi-channel customer acquisition methods [1] Customer Growth and Performance - During the reporting period, the company opened 143,900 new accounts, bringing the total customer base to 4.1189 million, a growth of 3.21% compared to the end of 2024 [1] - Total customer custody assets reached RMB 189.284 billion, reflecting a growth of 5.55% from the end of 2024 [1] - The trading volume of stock-based funds was RMB 1.375839 trillion, an increase of 65.04% year-on-year, with a market share of 0.3645%, up 0.64% from the same period in 2024 [1]

Core Insights - The company reported total operating income of RMB 1.666 billion for the six months ending June 30, 2025, representing a year-on-year increase of 42.45% [1] - Profit attributable to ordinary shareholders reached RMB 241 million, a significant year-on-year increase of 346.86% [1] - Earnings per share stood at RMB 0.0924 [1] Business Development - The company has adjusted and improved its organizational structure, enhancing the support and empowerment role of its headquarters for branch offices [1] - There is a focus on deepening online service capabilities, aiming to upgrade traditional marketing models to digital and intelligent formats [1] - The company is committed to establishing a tiered service system for wealth management clients and expanding multi-channel customer acquisition methods [1] Customer Growth and Performance - The company opened 143,900 new accounts, bringing the total customer base to 4.1189 million, a growth of 3.21% compared to the end of 2024 [1] - Total customer custody assets reached RMB 189.284 billion, reflecting a growth of 5.55% from the end of 2024 [1] - The trading volume of stock-based funds was RMB 1.375839 trillion, an increase of 65.04% year-on-year [1] - The market share of stock-based funds stood at 0.3645%, up by 0.64% compared to the same period in 2024 [1]

Group 1 - The core point of the article is that 恒投证券 (Hengtou Securities) reported significant growth in its financial performance for the six months ending June 30, 2025, with total operating revenue reaching 1.666 billion RMB, representing a year-on-year increase of 42.45% [1] - The company's profit for the same period was 241 million RMB, showing a remarkable year-on-year growth of 346.86% [1] - The basic earnings per share for 恒投证券 was reported at 0.0924 RMB per share [1]