致:中国国际金融股份有限公司 北京市金杜律师事务所(以下简称本所)接受中国国际金融股份有限公司(以 下简称公司或中金公司）委托,根据《中华人民共和国证券法》(以下简称《证 券法》）、《中华人民共和国公司法》(以下简称《公司法》）、中国证券监督 管理委员会《上市公司股东大会规则》(以下简称《股东大会规则》)等中华人 民共和国境内(以下简称中国境内,为本法律意见书之目的,不包括中国香港特 别行政区、中国澳门特别行政区和中国台湾地区）现行有效的法律、行政法规、 规章及规范性文件和现行有效的《中国国际金融股份有限公司章程》(以下简称 《公司章程》)有关规定,指派律师出席了公司于 2024年10月 31日召开的 2024 年第一次临时股东大会(以下简称本次股东大会),并就本次股东大会相关事项 出具本法律意见书。 为出具本法律意见书,本所律师审查了公司提供的以下文件,包括但不限于: l 1. 经公司 2023年年度股东大会审议通过的《公司章程》; 2. 公司 2024年8月31日刊登于《中国证券报》《证券时报》《上海证券 报》《证券日报》、上海证券交易所(以下简称上交所)网站及 2024年 8月 30日刊登于香港联合交易 ...

证券代码：601995 证券简称：中金公司 公告编号：临 2024-045 中国国际金融股份有限公司 2024 年第一次临时股东大会决议公告 中国国际金融股份有限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。 (三) 出席会议的普通股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | | 2,324 | | --- | --- | --- | | 其中：A | 股股东人数 | 2,322 | | 境外上市外资股股东人数（H | 股） | 2 | | 2、出席会议的股东所持有表决权的股份总数（股） | | 2,666,191,993 | | 其中：A | 股股东持有股份总数 | 2,107,292,291 | | 股） | 境外上市外资股股东持有股份总数（H | 558,899,702 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数 | | 55.232031 | | 的比例（%） | | | | 其中：A | 股股东持股占股份总数的比例（%） | 43.654033 | | 境外上市外资股股东持股 ...

Investment Rating - The report maintains a "Recommended" investment rating for the company [1] Core Views - The company's performance continues to be under pressure, but self-operated income has shown improvement, leading to a narrowing of the decline in overall performance [3][5] - The company has a competitive edge due to its institutional business strengths and high-net-worth client resources, which are expected to benefit from long-term capital market reforms focused on high-quality development [5] Financial Performance Summary - For Q3 2024, the company reported operating revenue of 13.449 billion yuan, a year-on-year decrease of 23.0%, and a net profit attributable to shareholders of 2.858 billion yuan, down 38.0% year-on-year [3] - The total assets reached 655.4 billion yuan, an increase of 5.0% compared to the end of the previous year, while the net assets attributable to shareholders rose by 4.0% to 108.8 billion yuan [3] - The earnings per share (EPS) for the quarter was 0.59 yuan, with a book value per share (BVPS) of 18.52 yuan [3] Revenue Breakdown - The net income from brokerage, investment banking, asset management, and proprietary trading for the first three quarters showed year-on-year changes of -27%, -21%, -12%, and +7% respectively [3] - The company’s interest income was reported at -1.19 billion yuan, compared to -0.83 billion yuan in the same period last year [3] - The management expenses for the first three quarters totaled 10.26 billion yuan, a decrease of 15% year-on-year, with a management expense ratio of 76.3%, up 7.0 percentage points year-on-year [3] Future Earnings Forecast - The forecast for net profit attributable to shareholders for 2024, 2025, and 2026 has been adjusted to 4.18 billion yuan, 4.53 billion yuan, and 4.97 billion yuan respectively, reflecting year-on-year changes of -32%, +8%, and +10% [5] - The projected operating revenue for 2024 is 19.052 billion yuan, with a year-on-year decline of 17.1% [6] Market Position and Strategy - The company is expected to maintain its competitive advantage in investment banking and trading, with a focus on enhancing its professional capabilities [5] - The report highlights the importance of the company's differentiated competitive strength in the context of ongoing market challenges [5]

Investment Rating - The investment rating for the company is "Outperform the Market" [1][3][5] Core Views - The company reported a revenue of 13.449 billion yuan for the first three quarters of 2024, a year-on-year decrease of 23.00%, and a net profit attributable to shareholders of 2.858 billion yuan, down 37.97% year-on-year [1] - The company's leverage ratio increased to 5.18 times by the end of Q3 2024, up from 4.97 times at the end of H1 2024, indicating a recovery in asset scale [1] - The wealth management business is positioned well within the industry, with a stable product scale of over 340 billion yuan, and the company is expected to benefit from the recovery in the A-share market [1][5] - The investment income, including fair value changes, has become a major growth point for the company's revenue [1] Summary by Sections Financial Performance - For Q3 2024, the company achieved a revenue of 4.539 billion yuan, a year-on-year decrease of 10.03%, and a net profit of 630 million yuan, down 39.82% year-on-year [1] - The company's revenue breakdown for Q3 shows brokerage at 17.43%, investment banking at 17.22%, asset management at 6.23%, interest income at -8.36%, and investment income at 70.75% [1] Business Segments - The brokerage business is expected to recover as client funds slightly increased, with deposits reaching 72.951 billion yuan, up 18.84% quarter-on-quarter [1] - The investment banking segment remains under pressure, with a significant decline in IPO underwriting and equity refinancing [1][5] Future Outlook - The company has adjusted its profit forecasts for 2024-2026, lowering the net profit estimates to 4.561 billion yuan, 5.132 billion yuan, and 5.565 billion yuan, with respective reductions of 13.96%, 13.54%, and 13.26% [1][5] - The company is expected to benefit from new regulatory frameworks and policies that support capital markets, enhancing its operational flexibility and performance [1]

Financial Performance - For the nine months ending September 30, 2024, the company achieved operating revenue of RMB 13,449,224,301, a decrease of 23.00% year-on-year[2]. - The net profit attributable to shareholders of the parent company for the same period was RMB 2,858,163,486, reflecting a year-on-year decline of 37.97%[4]. - In Q3 2024, the operating revenue was RMB 4,538,713,771, down 10.03% compared to the same period last year[4]. - The basic earnings per share for Q3 2024 was RMB 0.093, a decrease of 49.01% year-on-year[4]. - Total operating revenue for the first three quarters of 2024 was RMB 13,449,224,301, a decrease of 23.0% compared to RMB 17,465,549,953 in the same period of 2023[22]. - Net income for the first three quarters of 2024 was RMB 2,859,922,871, down 38.3% from RMB 4,630,626,560 in the first three quarters of 2023[23]. - The company’s total profit for the first three quarters of 2024 was RMB 3,077,442,737, a decrease of 40.4% from RMB 5,160,254,718 in the same period of 2023[23]. Assets and Liabilities - The company's total assets as of September 30, 2024, amounted to RMB 655,379,857,305, representing a 4.98% increase from the end of the previous year[4]. - As of September 30, 2024, total assets reached RMB 655.38 billion, an increase from RMB 624.31 billion as of December 31, 2023, representing a growth of approximately 5.2%[19]. - Total liabilities rose to RMB 546.28 billion from RMB 519.41 billion, marking an increase of around 5.2%[20]. - Total liabilities increased to RMB 252,136,581,096 as of September 30, 2024, compared to RMB 247,289,260,000 at the end of 2023, marking a rise of 2.9%[28]. Cash Flow - The net cash flow from operating activities was CNY 24.37 billion, a significant recovery from a negative CNY -26.03 billion in the previous year[12]. - The net cash flow from operating activities for the first three quarters of 2024 was RMB 24,372,784,200, a significant improvement compared to a net outflow of RMB 26,026,053,869 in the same period of 2023[24]. - The company reported a net decrease in cash from investment activities of RMB 10,301,514,980 for the first three quarters of 2024, compared to a net inflow of RMB 9,768,831,026 in the same period of 2023[25]. - The company reported a net cash inflow from operating activities of RMB 13.28 billion in the first three quarters of 2024, a turnaround from a net outflow of -RMB 5.24 billion in the same period of 2023[32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 118,332, with 117,958 A-share holders and 374 H-share holders[13]. - The largest shareholder, Central Huijin Investment Ltd., holds 40.11% of shares, totaling 1.94 billion shares[13]. Investment and Financing - The company’s net profit attributable to shareholders decreased primarily due to a reduction in operating revenue, leading to a decline in operating profit margins[9]. - The company’s investment income for the first three quarters of 2024 was RMB 1,956,317,218, down from RMB 2,375,189,899 in the same period of 2023, reflecting a decrease of 17.6%[29]. - The total cash inflow from financing activities for the first three quarters of 2024 was RMB 68,255,871,744, compared to RMB 78,397,650,191 in the same period of 2023[25]. - The company reported a net cash outflow from financing activities of -RMB 3.12 billion in the first three quarters of 2024, improving from -RMB 13.97 billion in the same period of 2023[34]. Other Financial Metrics - The liquidity coverage ratio improved to 271.91% from 201.13% year-on-year, indicating enhanced liquidity management[6]. - The risk coverage ratio decreased to 180.11% from 192.32% year-on-year, reflecting changes in risk management strategies[6]. - The company reported a total of RMB 19,215,765 in non-recurring gains and losses for the year-to-date period[7]. - The company experienced a decrease in foreign exchange gains/losses, reporting a loss of CNY -88.50 million compared to a gain of CNY 2.06 billion in the previous year[12].

Financial Performance - Operating revenue for Q3 2024 was CNY 4,538,713,771, a decrease of 10.03% compared to the same period last year[3] - Net profit attributable to shareholders of the parent company was CNY 630,107,748, down 39.82% year-on-year[3] - Basic earnings per share decreased by 49.01% to CNY 0.093 for the current period[3] - Total operating revenue for the first three quarters of 2024 was CNY 13.45 billion, a decrease of 23.0% compared to CNY 17.47 billion in the same period of 2023[19] - Net profit for the first three quarters of 2024 was CNY 2.86 billion, down 38.3% from CNY 4.63 billion in the same period of 2023[19] - The net income from commission and fees was CNY 7.14 billion, a decline of 20.6% from CNY 9.00 billion in the previous year[19] - The company reported a net interest income of -CNY 1.19 billion, compared to -CNY 827.76 million in the same period last year[19] - Total comprehensive income for the third quarter of 2024 reached CNY 2,735,152,886, a decrease from CNY 5,567,738,740 in the same period of 2023[20] - Basic earnings per share for the third quarter of 2024 was CNY 0.49, down from CNY 0.85 year-over-year[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 655,379,857,305, an increase of 4.98% from the end of the previous year[3] - Total assets as of September 30, 2024, reached CNY 655.38 billion, an increase of 5.0% from CNY 624.31 billion at the end of 2023[18] - Total liabilities increased to CNY 546.28 billion, up 5.2% from CNY 519.41 billion at the end of 2023[18] - Total liabilities amounted to CNY 252,136,581,096 as of the end of Q3 2024, up from CNY 247,289,260,000 at the end of Q3 2023, reflecting an increase of approximately 2%[24] - Total equity increased to CNY 82,452,170,881 in Q3 2024, compared to CNY 78,137,322,506 in Q3 2023, marking a growth of about 5%[24] Cash Flow - The company reported a net cash flow from operating activities of CNY 24,372,784,200 for the year-to-date period[3] - Net cash flow from operating activities improved to ¥24,372,784,200 from a negative cash flow of ¥26,026,053,869 year-on-year[9] - Net cash flow from operating activities for the first three quarters of 2024 was CNY 24,372,784,200, a significant improvement compared to a net outflow of CNY 26,026,053,869 in the same period of 2023[21] - The company reported a net increase in cash and cash equivalents of CNY 9,885,941,917 for the third quarter of 2024, compared to a decrease of CNY 30,784,071,798 in the same quarter of 2023[22] - The company’s net decrease in cash and cash equivalents of CNY 7,471,201,609 for Q3 2024, contrasting with a net decrease of CNY 15,543,364,595 in Q3 2023[28] Investment and Income - Investment income and fair value changes increased by 6.80% to CNY 7,468,679,315 compared to the same period last year[8] - Other income decreased by 60.18% to CNY 75,263,603 due to a reduction in government subsidies received[8] - The company’s investment income for the first three quarters was CNY 5.92 billion, down 46.9% from CNY 11.14 billion in the same period last year[19] - The company’s investment activities resulted in a net cash outflow of CNY 2,721,752,628 in the first three quarters of 2024, compared to a net inflow of CNY 3,644,617,382 in 2023[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 118,332, with the largest shareholder holding 40.11%[10] - Central Huijin Investment Ltd. held 1,936,155,680 shares, representing 40.11% of total shares[12] - The number of shares held by the top shareholder, Industrial and Commercial Bank of China, increased to 17,074,069 shares, representing 0.35% of total shares[15] Other Financial Metrics - The liquidity coverage ratio improved to 271.91% from 201.13% at the end of the previous year[5] - The net capital to net assets ratio was 55.12%, down from 56.47% at the end of the previous year[5] - Credit impairment losses decreased to ¥7,265,951 from a reversal of ¥2,511,570 year-on-year[9] - Other business costs increased by 275.44% to ¥2,048,019 due to higher depreciation on rental properties[9] - Operating income decreased by 87.51% to ¥1,005,802, reflecting a reduction in non-operating income[9] - Operating expenses decreased by 61.78% to ¥52,495,057, primarily due to a reduction in provisions for pending litigation[9] - Income tax expenses decreased by 58.93% to ¥217,519,866, attributed to an increase in tax-exempt income as a proportion of total profit[9]

证券时报e公司讯，企查查APP显示，近日，滨州中金绿色发展创业投资基金合伙企业（有限合伙）成 立，执行事务合伙人为中金资本运营有限公司，出资额5亿余元，经营范围包含：以私募基金从事股权 投资、投资管理、资产管理等活动。 企查查股权穿透显示，该公司由中金公司旗下中金资本运营有限公司、滨州国有资本投资运营集团有限 公司等共同持股。 ...

Group 1 - The core viewpoint of the article highlights that AI video tools have undergone multiple rounds of technological upgrades since 2024 and are gradually entering the commercialization phase [1] - On the tool side, the DiTs architecture has become mainstream, and model tools are beginning to commercialize [1] - Domestic video generation technology has caught up with international standards [1] Group 2 - In B-end applications, there are diverse scenarios, with a focus on the integration of AI workflows and tool upgrades [1] - AI video tools have achieved significant scale and results in B-end content production [1] - In C-end applications, creators and platforms are actively engaged, with attention on the breakout of AI video content [1] Group 3 - C-end users have already created and published a considerable volume of AI-generated videos, which have a small but notable influence on social media [1] - It is recommended to focus on the implementation of AI video applications on both B and C ends, particularly on two types of companies: those leveraging their technological capabilities and content platform advantages for dual circulation [1] - The second type of company to watch is those continuously advancing in AI tool applications, workflow integration, and industrial upgrades in content production [1]

证券时报，证券时报网，由人民日报社主管主办，是证券市场权威信息披露媒体，也是中国资本市场的 重要信息披露平台。 提供全天候7*24小时财经证券类资讯，内容丰富，包括时报快讯、股市新闻、财经资讯、基金净值、债 券、期货、上市公司公告等，为用户提供全方位、最新鲜的财经信息。 打造了"信披168"综合服务专区，资本市场投教"星火计划"，是权威、全面的资本市场服务平台。 ...

证券代码：601995 证券简称：中金公司 公告编号：临2024-044 中国国际金融股份有限公司关于收到 中国证券监督管理委员会行政处罚事先告知书的公告 上述违法行为，思尔芯项目保荐代表人赵善军、陈立人是直接负责的主管人员。 在监管部门调查过程中，中金公司及相关人员积极提供资料、配合调查。 根据当事人违法行为的事实、性质、情节与社会危害程度，依据《证券法》第 一百八十二条的规定，中国证监会拟决定： 中国国际金融股份有限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。 中国国际金融股份有限公司（以下简称"公司"或"中金公司"）于2024年 10月11日收到中国证券监督管理委员会（以下简称"中国证监会"）《立案告知 书》（证监立案字0382024014号），具体情况详见《中金公司关于收到中国证券 监督管理委员会立案告知书的公告》（公告编号：临2024-042）。根据《立案告 知书》，因公司涉嫌上海思尔芯技术股份有限公司（原名：上海国微思尔芯技 术股份有限公司，以下简称"思尔芯"）首次公开发行股票保荐业务未勤勉尽 责，2024年9月2 ...