第 1 頁 共 6 頁 v 1.3.0 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 國泰海通證券股份有限公司(「本公司」) 呈交日期： 2025年5月27日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | | 說明 | A股於上海證券交易所上市(證券代號: 601211) | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | ...

Group 1 - The company announced that its seventh board of directors held a meeting where it approved a capital increase plan for Guotai Junan Futures Co., Ltd. [1] - The total amount of the capital increase is 1.5 billion yuan, aimed at supplementing net capital [1] - The board has authorized the management team to handle the capital increase in multiple installments based on the actual funding needs of Guotai Junan Futures Co., Ltd. within the 1.5 billion yuan limit [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 確認 不適用 第一章節註釋： 公司名稱： 國泰海通證券股份有限公司(「本公司」) 呈交日期： 2025年5月27日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | | 說明 | A股於上海證券交易所上市(證券代號: 601211) | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 ...

Group 1 - The core viewpoint of the news is that Aojie Technology (688220.SH) is currently experiencing a decline in stock price, with a closing price of 77.00 yuan and a drop of 3.14%, indicating a state of being below the initial public offering price [1] - Aojie Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 14, 2022, with an initial stock price of 164.54 yuan per share and a total of 41.83 million shares issued [1] - The company raised a total of 6.883 billion yuan through its initial public offering, with a net amount of 6.546 billion yuan after deducting issuance costs, which was 4.166 billion yuan more than the originally planned amount of 2.380 billion yuan [1] Group 2 - The total issuance costs for Aojie Technology's initial public offering amounted to 337 million yuan, with underwriting and sponsorship fees accounting for 310 million yuan [2] - On April 11, 2025, Guotai Haitong Securities Co., Ltd. held a ceremony for its restructuring and renaming on the Shanghai Stock Exchange, marking the completion of the merger process with Guotai Junan [2]

Summary of Key Points Core Viewpoint - The Shanghai Stock Exchange 50 Index futures contract closed at 2506 on May 27, with a decrease of 0.51%. The total trading volume for all contracts was 39,100 contracts, a decrease of 7,003 contracts from the previous day [1]. Group 1: Trading Volume and Positions - The total trading volume for the main contract was 28,200 contracts, with the top 20 positions showing a net short position of 4,772 contracts [1]. - The total open interest for all contracts was 54,067 contracts, which decreased by 10,482 contracts [4]. - The top three long positions were held by Guotai Junan (total position 9,713), CITIC Futures (total position 8,599), and Dongzheng Futures (total position 3,727) [4]. Group 2: Changes in Long and Short Positions - The top three long position increases were from Guotai Junan (position 7,612, increase 817), CITIC Futures (position 6,754, increase 292), and Guotai Futures (position 1,462, increase 89) [1]. - The top three short position increases were from CITIC Futures (position 6,332, increase 805), Guotai Junan (position 9,836, increase 350), and Bank of China Futures (position 1,746, increase 135) [1]. - The overall long positions in the top 20 increased by 1,245 contracts, while the overall short positions increased by 1,310 contracts [1].

Summary of Key Points Core Viewpoint - The 30-year Treasury futures contract closed at 2509 on May 27, with a slight decline of 0.26%. The trading volume reached 62,400 contracts, indicating a net short position among the top 20 participants with a difference of 3,084 contracts [1]. Group 1: Trading Data - The total trading volume for all contracts was 75,600 contracts, an increase of 3,936 contracts from the previous day [1]. - Among the top 20 positions, long positions totaled 107,100 contracts, an increase of 353 contracts, while short positions totaled 113,000 contracts, an increase of 263 contracts [1]. Group 2: Major Participants - The top three long positions were held by: - CITIC Futures: Total position 24,993, increase 660 - Guotai Junan: Total position 13,656, increase 78 - Dongzheng Futures: Total position 10,308, decrease 712 [1][4]. - The top three short positions were held by: - CITIC Futures: Total position 15,602, increase 657 - Dongzheng Futures: Total position 13,163, decrease 371 - Galaxy Futures: Total position 13,108, increase 175 [1][4]. Group 3: Position Changes - Among the top 20 long positions, the largest increases were from: - CITIC Futures: Position 20,082, increase 660 - Guojin Futures: Position 2,713, increase 366 - Hongyuan Futures: Position 2,620, increase 347 [1][3]. - The largest decreases in long positions were from: - Dongzheng Futures: Position 9,080, decrease 736 - Galaxy Futures: Position 3,531, decrease 536 - Haizheng Futures: Position 896, decrease 506 [1][3]. Group 4: Overall Market Sentiment - The overall market sentiment appears to be leaning towards a bearish outlook, as indicated by the net short positions among the top participants and the increase in short positions across several firms [1][4].

新浪期货 根据交易所数据，截至5月27日收盘主力合约20号胶2507,涨跌+2.62%,成交量16.59万手，持仓数据显示前20席位呈现净 空，差额头寸为682手。 20号胶期货全合约总计成交24.46万手，比上一日新增3.51万手。全合约前20席位多头持仓9.88万手，比上一日增加4953手。全合 约前20席位空头持仓10.17万手，比上一日增加4276手。 根据合并数据显示，多头前三席位为国泰君安，总持仓16030、中信期货，总持仓11898、东证期货，总持仓6528；空头前三席位 为国泰君安，总持仓18727、中信期货，总持仓11514、银河期货，总持仓7863； 主力合约前20席位中，多头增仓前三名分别是：国泰君安、持仓5759、增仓1662，摩根大通、持仓2121、增仓758，银河期货、持 仓2418、增仓746；多头减仓前三名分别是：新湖期货、持仓1690、减仓-724，乾坤期货、持仓1320、减仓-627，大越期货、持仓 1120、减仓-346； (*文中全合约指交易所公布持仓成交数据的所有合约) 新浪合作大平台期货开户 安全快捷有保障 责任编辑：小浪快报 主力合约前20席位中，空头增仓前三名分 ...

主力合约前20席位中，空头增仓前三名分别是：物产中大、持仓4695、增仓1382，东方财富、持仓7193、增仓960，徽商期货、持 仓6611、增仓946；空头减仓前三名分别是：东证期货、持仓9191、减仓-3504，中信期货、持仓22180、减仓-2138，方正中期、 持仓5864、减仓-1975。 文章来源:新浪期货 | | | | | 2025年5月27日氧化铝主力合约2509持仓数据一览 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 名次 会员名称 成交量(双边) | | 增减 | 会员 | 持买单 | 增减 | 会员 | 持卖单 | 增减 | | ਹ | 国泰君安 | 172,773 | -100,511 | 国泰君安 31,708 | | -3,554 | 国泰君安 71,812 | | -73 | | 2 | 中信期货 | 141,559 | -64.866 | 东证期货 | 20,183 | 4,998 | 中信建投 | 22,439 | 485 | | 3 | 东证期货 | 119, ...

新浪期货 根据交易所数据，截至5月27日收盘主力合约集运指数欧线期货2508,涨跌-3.67%,成交量7.77万手，持仓数据显示前20席 位呈现净空，差额头寸为2003手。 集运指数欧线期货期货全合约总计成交10.61万手，比上一日减少1.65万手。全合约前20席位多头持仓3.39万手，比上一日减少 3427手。全合约前20席位空头持仓3.72万手，比上一日减少4087手。 根据合并数据显示，多头前三席位为国泰君安，总持仓4265、中信期货，总持仓2992、东证期货，总持仓2838；空头前三席位为 国泰君安，总持仓4357、银河期货，总持仓3987、华泰期货，总持仓3230； 责任编辑：小浪快报 主力合约前20席位中，多头增仓前三名分别是：东方财富、持仓668、增仓162，东海期货、持仓730、增仓73，方正中期、持仓 697、增仓28；多头减仓前三名分别是：中信期货、持仓2237、减仓-1053，中信建投、持仓872、减仓-911，国泰君安、持仓 2601、减仓-201； 主力合约前20席位中，空头增仓前三名分别是：浙商期货、持仓899、增仓137，华泰期货、持仓2716、增仓53，中泰期货、持仓 617、 ...

Group 1 - The core viewpoint of the report is that the transition from 2D to 3D architecture in DRAM is essential due to the challenges faced in further miniaturization of DRAM processes, with hybrid bonding technology representing the future path for 3D DRAM [1] - The report highlights that the current bottleneck in AI edge inference speed is memory bandwidth rather than computing power, and that 3D DRAM can significantly enhance transmission efficiency [1][3] - The use of NPU as a co-processor combined with 3D DRAM is likely to be the next trend in edge technology, with companies like Zhaoyi Innovation (兆易创新) being recommended for investment [1][2] Group 2 - AI applications are diversifying rather than conforming to a unified model, with new hardware technologies being developed to support this trend, particularly through the use of smaller models that outperform larger ones [2] - The report indicates that the memory bandwidth limitation is significantly greater than the computational limitation, as demonstrated by the Snapdragon 8 GEN3 example, where memory bandwidth constraints are evident [3] - Major players in the industry, including Zhaoyi Innovation and its subsidiaries, as well as Taiwanese storage IDM Winbond and Qualcomm, are focusing on the 3D DRAM and NPU solution, indicating a clear technological trend [3]