国泰海通证券股份有限公司 章 程 2025 年 9 月 | | | | | | 国泰海通证券股份有限公司章程 第一章 总则 公司于 2017 年 3 月 13 日经中国证监会核准，发行 1,040,000,000 股境外 上市外资股（以下简称 H 股），H 股于 2017 年 4 月 11 日在香港联合交 易所有限公司（以下简称香港联交所）上市。 根据公司 2016 年第一次临时股东大会决议及中国证监会核准，2017 年 4 月 28 日，联席代表部分行使超额配股权，公司额外发行 48,933,800 股 H 股，于 2017 年 5 月 9 日在香港联交所上市。 经中国证监会核准，公司于 2019 年 4 月 17 日完成 194,000,000 股 H 股发 行，并于 2019 年 4 月 18 日在香港联交所上市。 1 第一条 为维护国泰海通证券股份有限公司（以下简称公司）、公司股东、职工 及债权人的合法权益，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》）、《中华人民共和国证券法》（以下 简称《证券法》）、《上市公司章程指引》、《上海证券交易所股票上 市规则》、《香港联合交易 ...

证券代码：601211 证券简称：国泰海通 公告编号：2025-094 国泰海通证券股份有限公司 关于完成注册资本市场主体变更登记的公告 本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。 成立日期：1999年08月18日 经营范围：许可项目：证券业务；证券投资咨询；证券公司为期货公司提供中 间介绍业务。（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体 经营项目以相关部门批准文件或许可证件为准）一般项目：证券财务顾问服务。（除 依法须经批准的项目外，凭营业执照依法自主开展经营活动） 1 名称：国泰海通证券股份有限公司 类型：其他股份有限公司（上市） 住所：中国（上海）自由贸易试验区商城路618号 同时，公司《章程》涉及注册资本及股本的相关条款相应予以修订，并已在上 海市市场监督管理局完成备案相关手续。 特此公告。 2025年5月29日，国泰海通证券股份有限公司（以下简称公司）召开2024年年度 股东大会，审议通过了《关于回购注销部分A股限制性股票的议案》，因公司A股限 制性股票激励计划激励对象中共有24名激励对象存在解 ...

Report Summary 1) Report Industry Investment Rating - The investment rating for the zinc industry is "Range-bound" [1] 2) Core View of the Report - The zinc market is expected to experience range-bound fluctuations, with a current trend strength of 0, indicating a neutral outlook [1][3] 3) Summary by Relevant Catalogs Fundamental Tracking - **Prices**: The closing price of the Shanghai Zinc main contract was 22,215 yuan/ton, up 0.41% from the previous day, while the LME Zinc 3M electronic disk closed at 2,867 dollars/ton, down 0.21% [1] - **Trading Volume**: The trading volume of the Shanghai Zinc main contract was 83,724 lots, a decrease of 16,741 lots, and the LME Zinc trading volume was 9,280 lots, an increase of 215 lots [1] - **Open Interest**: The open interest of the Shanghai Zinc main contract was 103,054 lots, a decrease of 5,145 lots, and the LME Zinc open interest was 201,219 lots, an increase of 1,496 lots [1] - **Premiums and Discounts**: Shanghai 0 zinc premium/discount was -70 yuan/ton, down 5 yuan/ton; LME CASH - 3M premium/discount was 17.62 dollars/ton, up 1.16 dollars/ton [1] - **Inventories**: Shanghai Zinc futures inventory was 44,329 tons, an increase of 1,648 tons, and LME Zinc inventory was 50,825 tons, a decrease of 200 tons [1] News - Chinese Finance Minister Lan Fo'an stated that the government will focus on strengthening the domestic market, implement more proactive fiscal policies, and carry out key tasks such as supporting employment and foreign trade, cultivating new growth drivers, and improving people's livelihoods [2] - In August, China's CPI turned negative year-on-year, down 0.4%, while the core CPI increased to 0.9%. The PPI's year-on-year decline narrowed to 2.9%. The decrease in CPI was mainly due to a high base last year and lower-than-seasonal food price increases [2][3] Trend Intensity - The zinc trend intensity is 0, indicating a neutral outlook, with the value ranging from -2 (most bearish) to 2 (most bullish) [3]

Core Viewpoint - The Hong Kong High Dividend ETF (159302) has shown a slight increase in its closing price and has experienced a decrease in both share count and total assets since the beginning of the year [1][2]. Fund Overview - The Hong Kong High Dividend ETF (159302) was established on August 23, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of September 10, 2024, the fund's latest share count is 87.8 million, and the total asset size is 117 million yuan [1]. - The fund's performance benchmark is the China Securities Hong Kong Stock Connect High Dividend Investment Index return (adjusted for valuation exchange rate) [1]. Performance Metrics - Year-to-date, the fund has seen a 19.30% decrease in share count and a 3.14% decrease in total assets compared to December 31, 2024 [1]. - Over the last 20 trading days, the cumulative trading amount is 217 million yuan, with an average daily trading amount of 10.84 million yuan [1]. - Since the beginning of the year, the cumulative trading amount over 170 trading days is 2.135 billion yuan, with an average daily trading amount of 12.56 million yuan [1]. Fund Management - The current fund managers are Li Yixuan and Zhang Yichi, both managing the fund since its inception, with a return of 33.32% during their tenure [2]. Top Holdings - The top holdings of the fund include: - COSCO Shipping Holdings: 8.68% of the portfolio - Yancoal Australia: 6.17% - Seaspan Corporation: 4.28% - Orient Overseas International: 4.23% - Minsheng Bank: 4.22% - CITIC Bank: 4.07% - China Petroleum: 3.41% - Guotai Junan: 3.41% - Agricultural Bank of China: 3.30% - CNOOC: 3.19% [2][3].

Group 1 - The core viewpoint of the news is that YinXin Technology's stock has seen a significant increase, with a rise of 5.14% to 12.27 CNY per share, and a total market capitalization of 5.451 billion CNY [1] - YinXin Technology, established on May 31, 2004, and listed on June 15, 2011, specializes in IT infrastructure solutions for government and enterprises, including IT operation services, system integration, and software development [1] - The revenue composition of YinXin Technology includes 48.15% from system integration services, 44.96% from IT infrastructure operation services, 5.68% from computing power services, and 1.21% from software development and sales [1] Group 2 - From the perspective of major fund holdings, a fund under Guotai Asset Management holds a significant position in YinXin Technology, with 474,600 shares, accounting for 0.62% of the fund's net value [2] - The fund, Guotai Junan Quantitative Stock Mixed Fund A (016466), has achieved a year-to-date return of 27.03% and a one-year return of 62.4%, ranking 2600 out of 8175 and 1713 out of 7982 respectively [2] - The fund manager, Hu Chonghai, has been in position for 3 years and 272 days, with the fund's total asset size at 8.512 billion CNY and a best return of 63.18% during his tenure [3]

Core Viewpoint - Guotai Junan Securities has shown a mixed performance in stock price, with an 8.17% increase year-to-date, while experiencing fluctuations in the short term [2] Group 1: Stock Performance - As of September 11, Guotai Junan's stock price increased by 2.05%, reaching 19.87 CNY per share, with a trading volume of 1.019 billion CNY and a turnover rate of 0.39% [1] - The stock has risen 8.17% since the beginning of the year, increased by 1.43% over the last five trading days, decreased by 1.63% over the last 20 days, and increased by 10.08% over the last 60 days [2] Group 2: Financial Performance - For the first half of 2025, Guotai Junan reported a net profit attributable to shareholders of 15.737 billion CNY, representing a year-on-year growth of 213.74% [2] - The company has distributed a total of 42.636 billion CNY in dividends since its A-share listing, with 14.520 billion CNY distributed over the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 5.05% to 376,700, while the average circulating shares per person increased by 5.54% to 35,848 shares [2] - Hong Kong Central Clearing Limited is the sixth-largest circulating shareholder, holding 463 million shares, a decrease of 30.0112 million shares compared to the previous period [3] Group 4: Business Overview - Guotai Junan Securities, established on August 18, 1999, and listed on June 26, 2015, is headquartered in Shanghai and provides various financial services including wealth management, institutional trading, investment management, and investment banking [2] - The company's revenue composition includes 40.93% from wealth management, 28.74% from institutional and trading services, 12.89% from investment management, 8.83% from financing leasing, 5.91% from investment banking, and 2.69% from other services [2]

Group 1 - ZTE Corporation's stock increased by 5.06% on September 11, reaching a price of 43.17 CNY per share, with a trading volume of 6.297 billion CNY and a turnover rate of 3.71%, resulting in a total market capitalization of 206.505 billion CNY [1] - ZTE Corporation, established on November 11, 1997, and listed on November 18, 1997, is located in Shenzhen, Guangdong Province. The company's main business includes investment in industrial ventures and sales of electronic and communication equipment components. The revenue composition is as follows: 49.00% from carrier networks, 26.91% from government and enterprise business, and 24.09% from consumer business [1] Group 2 - From the perspective of major fund holdings, one fund under Guotai Haitong Asset Management has ZTE Corporation as a significant holding. The Guotai Junan CSI 300 Index Enhanced Fund A (018257) held 662,900 shares in the second quarter, accounting for 1.23% of the fund's net value, ranking as the ninth largest holding. The estimated floating profit today is approximately 1.3788 million CNY [2] - The Guotai Junan CSI 300 Index Enhanced Fund A (018257) was established on April 19, 2023, with a current scale of 0.952 billion CNY. Year-to-date returns are 15.02%, ranking 2952 out of 4222 in its category; the one-year return is 39.39%, ranking 2602 out of 3798; and since inception, the return is 21.24% [2]

本次发行次级公司债券应严格按照报送上海证券交易所的募集说明书进行。本批复自中国证监会同意注 册之日起24个月内有效，公司在注册有效期内可以分期发行次级公司债券。 新京报贝壳财经讯 9月10日，国泰海通（601211）公告称，收到中国证监会《关于同意国泰海通证券股 份有限公司向专业投资者公开发行次级公司债券注册的批复》，同意国泰海通向专业投资者公开发行面 值总额不超过300亿元次级公司债券的注册申请。 ...

Group 1 - The core viewpoint of the articles highlights the increasing activity in the A-share market, leading to a surge in margin trading and the issuance of financial instruments by securities firms [1][3][4] - Huayin Securities has raised its credit business limit from 6.2 billion to 8 billion yuan, a 29% increase, reflecting strong demand for margin trading [1] - The total margin trading balance in the A-share market has surpassed 2.3 trillion yuan, reaching a historical high of 2.3197 trillion yuan, indicating heightened trading activity and investor risk appetite [1] Group 2 - Liu Gesong, a well-known fund manager at GF Fund, has resigned from managing the GF Multi-Dimensional Emerging Stock Fund, which achieved a return of 140.03% during his tenure [2] - Liu will continue to manage five other funds with a total scale of 29.463 billion yuan, indicating stability in his overall management role [2] - The resignation is viewed as a normal adjustment, and the market will be monitoring the potential impact on his major holdings in sectors like new energy and technology [2] Group 3 - Guotai Junan has received approval from the China Securities Regulatory Commission to publicly issue subordinate bonds totaling up to 30 billion yuan, which will enhance its capital strength and business expansion capabilities [3] - This move may trigger similar financing actions among peers in the brokerage sector, potentially altering the competitive landscape [3] - The increase in financing scale among large financial institutions reflects growing market confidence in the stability of the financial system [3] Group 4 - The issuance of equity funds has seen a significant rebound, with multiple funds choosing to end their fundraising early, indicating a positive shift in market sentiment [4] - The resurgence in equity fund issuance is attributed to increased investor confidence and proactive strategies by fund companies to capitalize on market opportunities [4] - This trend is expected to enhance the management scale of fund companies and contribute positively to market liquidity and stability [4]

Group 1 - The effects of anti-involution policies are beginning to show in the PPI data, with commodity price increases leading to price recovery in downstream industries [1][3] - In August, the CPI year-on-year growth rate was -0.4%, while the PPI year-on-year growth rate was -2.9%, indicating a steady recovery in inflation [1][2] - The core CPI has shown resilience, with a significant year-on-year increase, despite food prices being a major drag due to the pig cycle [1][2] Group 2 - Food price declines are primarily driven by pork and egg prices, with the pig cycle in a bottoming phase and high inventory levels affecting egg prices [2] - The PPI data reflects a recovery in upstream mining prices, with coal mining and black metal industries showing month-on-month increases of 2.8% and 2.1% respectively [3] - The anti-involution policy focuses on addressing overcapacity caused by "herd investment" in downstream industries, aiming for more sustainable price recovery [3]