Group 1: Fund Sales Performance - In the first half of 2025, Tian Tian Fund achieved a record fund sales amount of 1.05 trillion yuan, marking a historical high for the same period [3] - Non-monetary fund sales reached 626.04 billion yuan, representing a year-on-year growth of 25.29% [3] Group 2: Industry Trends and Innovations - China Europe Fund emphasizes a transformation towards "professionalization, industrialization, and digitalization," which is seen as a core philosophy for future development [4] - The concept of "China Europe Manufacturing" is described as a practical and replicable methodology for enhancing investment capabilities [4][5] Group 3: ETF Market Developments - The first science and technology bond ETF, managed by Jiashi Fund, surpassed 20 billion yuan in scale, becoming the first of its kind to reach this milestone [6] - As of August 13, the overall scale of science and technology bond ETFs exceeded 1.1 trillion yuan, with eight products entering the "billion club" [7] Group 4: Fund Management Strategies - China Europe Fund's manager emphasizes the importance of long-term orientation, consistent processes, and team collaboration for sustainable performance [5] - The focus is on building an organization capable of continuously generating investment insights rather than short-term performance [5] Group 5: Regulatory and Market Changes - Several QDII funds have recently resumed normal subscription operations or increased subscription limits, although some have also implemented stricter purchase limits [8] - The market has seen a rise in floating-rate funds, with notable products exceeding 20 billion yuan in fundraising [9][13] Group 6: Performance Metrics - As of August 11, 2025, 131 products from Guangfa Fund had a one-year growth rate exceeding 30%, with 52 products growing over 50% and 20 products over 70% [14] - The overall performance of bank-managed public equity products has improved, with 90% of products showing positive annualized returns [15]

格隆汇8月15日丨晋商银行(02558.HK)公告，董事会会议将于2025年8月27日(星期三)举行，藉以(其中包 括)考虑及批准截至2025年6月30日止6个月中期业绩及其发布。 ...

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分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。 JINSHANG BANK CO., LTD.* * 太原，二零二五年八月十五日 於本公告日期，董事會包括執行董事郝強女士、張雲飛先生及王琦先生；非執行董事武 燦明先生、馬洪潮先生、劉晨行先生、李楊先生及王建軍先生；獨立非執行董事王立彥 先生、段青山先生、賽志毅先生、胡稚弘女士及陳毅生先生。 * 晉商銀行股份有限公司並非香港法例第155章《銀行業條例》所指認可機構，不受限於香港金 融管理局的監督，亦不獲授權在香港經營銀行╱接受存款業務。 2558 董事會會議日期 晉商銀行股份有限公司*（「本行」）董事（「董事」）會（「董事會」）謹此公佈，董事會會議將於 二零二五年八月二十七日（星期三）舉行，藉以（其中包括）考慮及批准本行及其附屬公司 截至二零二五年六月三十日止六個月之中期業績及其發佈。 承董事會命 晉商銀行股份有限公司* 郝強 執行董事及董事長 ...

Core Viewpoint - Jinshang Bank has launched a fixed-income wealth management product with a fundraising period from August 12, 2025, to August 20, 2025, targeting a medium-low risk profile [1] Summary by Categories Product Details - The product is the 25040th phase of the Fengying closed-end wealth management product, with a minimum investment amount of 10,000 yuan [1] - The product has a duration of 525 days and an expected performance benchmark of 2.10% to 3.30% [1] Risk and Performance - The product is classified as medium-low risk, and the performance benchmark does not guarantee future returns or actual performance [1]

Core Points - Jinshang Bank has been issued a warning letter by the Shanxi Securities Regulatory Bureau due to violations related to the qualifications of its fund sales department personnel and failure to submit necessary documentation for personnel changes [1][2] - The regulatory body emphasized the need for Jinshang Bank to take immediate corrective actions, enhance internal control systems, and improve compliance management in fund sales [1] - In addition to the recent violations, Jinshang Bank has previously faced penalties for allowing personnel to perform duties without proper approval, resulting in a fine of 300,000 yuan [3]

注：业绩比较基准不是预期收益率，不代表产品的未来表现和实际收益，不构成对产品收益的承诺。 以上理财产品信息仅供参考，具体应以《产品说明书》等销售文件为准。本文不构成任何投资建议，投 资者据此操作，风险自担。 8月5日，据晋商银行披露，该行发行的丰盈封闭式理财产品25034期（固收增强）募集期为2025年8月5 日-2025年8月13日，产品规模不超过5亿元，购买起点金额1万元。产品类型为固定收益类，风险等级为 中低风险（R2），存续期限524天，业绩比较基准为：2.10%-3.30%。 （晋商银行） ...

Core Insights - The company, Guoquan Food (Shanghai) Co., Ltd., reported significant growth in its mid-term performance for the six months ending June 30, 2025, with a revenue of 3.24 billion RMB, a year-on-year increase of 21.6%, and a net profit of 190 million RMB, reflecting a substantial growth of 122.5% [2][3] Financial Performance - Revenue reached 3.24 billion RMB, up 21.6% year-on-year - Gross profit was 717 million RMB, a 17.8% increase, with a gross margin of 22.1% - Net profit stood at 190 million RMB, marking a 122.5% increase - Core operating profit also reached 190 million RMB, up 52.3% [2][3] Strategic Initiatives - The company implemented strategic structural adjustments focusing on store operations, brand positioning, and diversified marketing channels, which translated into substantial growth momentum [3] - Guoquan expanded its instant retail network, achieving a total of 10,400 stores nationwide, with a net increase of 740 stores, including 270 new rural stores [3][4] - Over 2,000 stores have undergone upgrades to become unmanned smart stores, enhancing operational efficiency and same-store revenue [3][4] Membership Growth - The registered membership reached 50.3 million, a 62.8% increase, with prepaid card value amounting to 590 million RMB, up 37.2% [4] - The membership system has become a significant growth driver, providing stable support for store traffic and brand loyalty [4] Future Growth Strategies - The company is actively exploring new growth paths, including the "Community Central Kitchen" strategy, which has shown promising results in brand building and supply chain empowerment [5] - Guoquan is advancing its instant retail strategy and has introduced 24-hour unmanned retail services in over 2,000 stores, improving store utilization without increasing operational costs [5] - The company plans to continue enhancing its product line and exploring diverse business models to cover more dining scenarios, particularly in rural markets [6] Shareholder Returns - Following a cash dividend of 198 million RMB in the 2024 annual report, the company announced a further cash dividend of 190 million RMB for this period, with total shareholder returns exceeding 499 million RMB, a 130.7% increase year-on-year [4]

Group 1 - As of August 5, 84 stocks reached their 52-week highs, with notable performers including Zhengqian Financial Holdings (01152) at 145.00%, Yijun Group Holdings (02442) at 55.74%, and Ruiyuan Intelligent Control (08249) at 47.06% [1] - The closing prices and highest prices for the top three stocks are as follows: Zhengqian Financial Holdings at 0.249 and 0.490, Yijun Group Holdings at 3.660, and Ruiyuan Intelligent Control at 0.234 and 0.300 [1] - Other significant stocks that reached new highs include Dimi Life Holdings (01667) at 33.33%, Victory Pipeline (01080) at 29.29%, and Xindong Company (02400) at 25.70% [1] Group 2 - The report also lists stocks that reached their 52-week lows, with Zhaobangji Life (01660) at -4.72%, Ruifeng New Energy (00527) at -3.75%, and China Wantian Holdings (01854) at -3.06% [3] - The closing prices and lowest prices for the bottom three stocks are as follows: Zhaobangji Life at 0.116 and 0.101, Ruifeng New Energy at 0.400 and 0.385, and China Wantian Holdings at 1.030 and 0.950 [3] - Other stocks that experienced declines include XL Ernan County (07777) at -2.93% and Jifeng Packaging (01820) at -2.83% [3]

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7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: 晉商銀行股份有限公司 (「本行」) (見備註) 呈交日期: 2025年8月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02558 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 970,650,000 | RMB | | 1 RMB | | 970,650,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 970,650,000 | RMB | | 1 RMB | | 970,650,000 | | 2. 股份分類 | 普通股 | 股份類 ...

Core Insights - The company, Guoquan Food (Shanghai) Co., Ltd., reported a revenue of approximately RMB 3.24 billion for the first half of 2025, representing a year-on-year increase of 21.56% [1] - The net profit for the same period was RMB 190 million, showing a significant year-on-year increase of 122.5% [1] - The basic and diluted earnings per share were RMB 0.0684 [1] Group 1 - The company adheres to a "community central kitchen" strategic positioning, utilizing a multi-channel and multi-scenario approach to meet consumer demands [1] - The number of stores increased from 9,660 as of June 30, 2024, to 10,400 by June 30, 2025, covering all 31 provinces, autonomous regions, and municipalities in China [1] Group 2 - The company successfully opened 270 new stores in townships during the first half of 2025, with these stores tailored to better meet the needs of township consumers [2] - The introduction of 24-hour unmanned retail stores aims to cater to home dining scenarios, with over 2,000 retail stores undergoing smart and unmanned transformations [2] Group 3 - The company plans to continue building a multi-tiered sales network to enhance market penetration in existing areas and expand into new regions, particularly focusing on county and township markets [2] - The company aims to optimize store management capabilities and enhance service quality to improve consumer shopping experiences [2] - The company will also focus on upgrading the franchise management system and encouraging existing franchisees to open more stores, fostering long-term business development [2]