证券代码：524375 证券简称：25 广发 C5 广发证券股份有限公司 2025 年面向专业投资者公开发行次级债券 （第三期）（续发行）（第二次）发行价格公告 发行人将按上述发行价格于 2025 年 9 月 11 日至 2025 年 9 月 12 日面向专 业机构投资者网下发行。具体认购方法请参考 2025 年 9 月 9 日刊登在深圳证券 交易所网站（www.szse.cn）、巨潮资讯网（www.cninfo.com.cn）上的《广发证券 股份有限公司 2025 年面向专业投资者公开发行次级债券（第三期）（续发行）（第 二次）发行公告》。 （本页以下无正文） （本页无正文，为《广发证券股份有限公司 2025 年面向专业投资者公开发行次 级债券（第三期）（续发行）（第二次）发行价格公告》之签章页） 发行人：广发证券股份有限公司 年 月 日 （本页无正文，为《广发证券股份有限公司 2025 年面向专业投资者公开发行次 级债券（第三期）（续发行）（第二次）发行价格公告》之签章页） 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广发证券股份有限公司（以下简称"发 ...

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的內容概不負責，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 賴該等內容而引致的任何損失承擔任何責任。 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )刊發的《廣發証券股份有限公司2025年面向專 業投資者公開發行次級債券（第三期）（續發行）（第二次）發行價格公告》。茲載列 如下，僅供參閱。 承董事會命 廣發証券股份有限公司 林傳輝 董事長 中國，廣州 2025年9月10日 於本公告日期，本公司董事會成員包括執行董事林傳輝先生、秦力先生、孫曉燕 女士及肖雪生先生；非執行董事李秀林先生、尚書志先生及郭敬誼先生；獨立非 執行董事梁碩玲女士、黎文靖先生、張闖先生及王大樹先生。 证券代码：524375 证券简称 ...

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的內容概不負責，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 賴該等內容而引致的任何損失承擔任何責任。 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )刊發的《關於延長廣發証券股份有限公司2025 年面向專業投資者公開發行次級債券（第三期）（續發行）（第二次）簿記建檔時間的 公告》。茲載列如下，僅供參閱。 承董事會命 廣發証券股份有限公司 林傳輝 董事長 中國，廣州 2025年9月10日 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 广发证券股份有限公司（以下简称"发行人"）面向专业投资者公开发行不 超过人民币 200 亿元（含）的次级公司债券已获得中国证券监督管理委员会证监 许可〔2024〕1258 号文注册。 根据《广发证券股份有限公司 202 ...

簿记建档时间的公告 广发证券股份有限公司（以下简称"发行人"）面向专业投资者公开发行不 超过人民币 200 亿元（含）的次级公司债券已获得中国证券监督管理委员会证监 许可〔2024〕1258 号文注册。 根据《广发证券股份有限公司 2025 年面向专业投资者公开发行次级债券（第 三期）（续发行）（第二次）发行公告》，发行人和主承销商于 2025 年 9 月 10 日 15:30-18:00 以簿记建档的方式向网下专业机构投资者进行价格询价。 关于延长广发证券股份有限公司 2025 年面向专业投资者公开发行次级债券 （第三期）（续发行）（第二次） 主承销商：东方证券股份有限公司 年 月 日 开发行次级债券（第三期）（续发行）（第二次）簿记建档时间的公告》之盖章页） 主承销商：招商证券股份有限公司 年 月 日 （本页无正文，为《关于延长广发证券股份有限公司 2025 年面向专业投资者公 （本页无正文，为《关于延长广发证券股份有限公司 2025 年面向专业投资者公 开发行次级债券（第三期）（续发行）（第二次）簿记建档时间的公告》之盖章页） 考虑到簿记建档当日市场情况，经发行人和簿记管理人协商一致，决定延长 本期续发 ...

Group 1 - The core viewpoint of the article highlights that several companies in the fiberglass industry have raised prices by 5%-10% due to ongoing losses and factors such as US-China tariffs, indicating initial success in industry self-discipline and a potential increase in profitability for the fiberglass sector [1][2] - The China Glass Fiber Industry Association approved the "Self-Discipline Convention for the Glass Fiber and Products Industry" on December 25, 2024, with nine major companies, including China Jushi and Taishan Fiberglass, committing to this self-regulation [1][2] Group 2 - In the construction materials sector, the demand for retail building materials is recovering, supported by high demand in the second-hand housing market and subsidy policies, with strong resilience observed in leading companies [3] - The national average price of cement has decreased by 0.5% week-on-week, with a current price of 343 RMB/ton, while the cement shipment rate stands at 45.73%, indicating a slight recovery in the market [4] - The average price of float glass has weakened slightly, with a current price of 1190 RMB/ton, while photovoltaic glass prices have increased, reflecting mixed market conditions [5] - The price of direct yarn in the fiberglass/carbon-based composite market remains stable, with electronic yarn prices holding steady, indicating a stable market environment for leading companies [6]

Group 1: Industry Development and Opportunities - The Chinese capital market is currently in a "high-quality development" phase, emphasizing financial strength and market-oriented reforms [2] - Regulatory measures focus on risk prevention, strong oversight, and promoting high-quality development, leading to a transformation in market structure [2] - Key strategies include building a supportive capital market ecosystem, enhancing internal stability mechanisms, and promoting comprehensive investment and financing reforms [2] Group 2: Public Fund Industry Performance - As of June 2025, the net asset value of public funds managed by institutions reached CNY 34.39 trillion, a 4.75% increase from the end of 2024 [3] - Guangfa Fund managed CNY 1,509.36 billion in public funds, a 2.90% increase, ranking third in the industry; E Fund managed CNY 2,164.59 billion, a 5.40% increase, ranking first [3] Group 3: Wealth Management Business Development - The company focuses on high-quality client management and efficient online operations, enhancing customer experience and product offerings [4] - As of June 2025, the company’s financial product distribution scale exceeded CNY 200 billion, a growth of approximately 14.13% from the previous year [4] - The company ranks second in the industry with over 4,600 investment advisor qualifications [4] Group 4: Investment Banking Business Development - The company aims to support the high-quality development of the real economy and enhance its role as a direct financing service provider [4] - It focuses on building industry-specific investment banking capabilities and strengthening its market position in key regions like the Greater Bay Area [4] - The company is advancing its digital transformation and risk management to ensure stable and efficient growth [4]

新疆煤制气效益斐然，关注上市公司项目进展。 煤制天然气通过将煤炭进行一系列化学工艺转化为甲烷等可燃气体，原料来源丰富、成本低、近零排 放、热效率高。我国天然气对外依存度超40%，煤制气对于我国富煤少气的能源结构有较好的改善作 用。我国目前已投产煤制气约75亿方，分布于新疆和内蒙古，其中新疆煤炭质优价廉，从新疆庆华一期 13.75亿方煤制气项目报道来看，项目总投资额125亿元，2022年产生税前利润13.81亿元，尽管有气价因 素影响，但仍体现其优质盈利能力。当前疆煤制气新项目审批加速，同时存量项目的二期项目建设也在 稳步推进中，关注效益斐然的煤制气项目进展，重点关注九丰能源。 绿电国补发放显著提速，水电业绩有望从承压到增长。 重点关注煤制气项目催化下的九丰能源(605090.SH)。 广发证券发布研报称，当前疆煤制气新项目审批加速，同时存量项目的二期项目建设也在稳步推进中， 关注效益斐然的煤制气项目进展，重点关注九丰能源（605090）(605090.SH)。绿电国补发放显著提 速，绿电行情由业绩空窗期的政策预期驱动，关注合约电价、补贴、绿证的进展，此轮补贴发放将对净 资产的质量有所提升，关注高ROE低PB的 ...

Group 1: Wealth Management Business Development - The company focuses on high-quality development and digital transformation in wealth management, emphasizing high-quality client groups and efficient online operations [2] - As of June 2025, the company’s financial product distribution scale exceeded 300 billion yuan, representing a growth of approximately 14.13% compared to the end of the previous year [3] - The company is accelerating its transition to a buyer-oriented advisory model and enhancing multi-asset allocation capabilities [2] Group 2: Public Fund Industry and Company Business Development - The public fund industry showed steady growth in the first half of 2025, with total net asset value of public funds reaching 34.39 trillion yuan, a 4.75% increase from the end of 2024 [4] - The company’s subsidiary, GF Fund, managed a total public fund scale of 1,509.36 billion yuan, up 2.90% from the end of 2024, ranking third in the industry [4] - E Fund, a company in which the firm holds shares, managed a public fund scale of 2,164.59 billion yuan, with a growth of 5.40%, ranking first in the industry [4] Group 3: OTC Derivatives Business Development - The company, as a primary dealer in OTC derivatives, is enhancing its team and system capabilities, focusing on product creation, strategy innovation, and client service [5] Group 4: Investment Management Business - The investment management segment includes asset management, public fund management, and private fund management, with a focus on providing diverse and strategically superior products [6] - As of June 2025, GF Fund and E Fund ranked third and first, respectively, in public fund management scale, excluding money market funds [6]

Group 1 - The company has received approval from the China Securities Regulatory Commission to publicly issue subordinated bonds with a face value of up to 20 billion RMB [1] - The first issuance of the subordinated bonds (third phase) was completed on July 18, 2025, with a total face value of 1.9 billion RMB and a coupon rate of 1.85% [1] - The second issuance of the subordinated bonds will have a maximum face value of 3 billion RMB, maintaining the same terms as the initial issuance [1] Group 2 - The company plans to issue subordinated bonds not exceeding 3 billion RMB, with the bond code "25广发D4" set to pay interest and be delisted on September 10 [2]

Core Points - Guangfa Securities has received approval from the China Securities Regulatory Commission to publicly issue subordinated bonds with a face value of up to 20 billion yuan [1] - The bonds will be issued in phases, with the first issuance of the third phase of subordinated bonds completed on July 18, 2025, and the first renewal completed on August 19, 2025 [1] - The bonds have a term of 3 years and a coupon rate of 1.85%, with the initial issuance amounting to 1.9 billion yuan [1] - The current renewal issuance will not exceed 3 billion yuan, maintaining the same term and coupon rate as the initial issuance [1]