三、 律师见证情况 | 证券代码：600958 证券简称：东方证券 公告编号：2025-031 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 东方证券股份有限公司 | | | | | | | | | | | | 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。 | | | | | | | | | | | | 重要内容提示： | | | | | | | | | | | | ? 本次会议是否有否决议案：无 | | | | | | | | | | | | 一、 | 会议召开和出席情况 | | | | | | | | | | | (一) 股东大会召开的时间：2025 年 5 月 23 日 | | | | | | | | | | | | 119 15 (二) 股东大会召开的地点：上海市中山南路 号 楼会议室 | | | | | | | | | | | | ...

东方证券股份有限公司 章 程 二〇二五年五月 | 监事会决议 54 | | --- | | 第三节 | | 第九章 | 合规总监 …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 55 | | --- | --- | | 第十章 | 公司董事、监事、总裁和其他高级管理人员的资格和义务 57 | | 第十一章 | 财务会计制度、利润分配和审计 | | 第一节 | 财务会计制度 | | 第二节 | 内部审计 … | | 第三节 | 会计师事务所的聘任 | | 第十二章 | 劳动人事 | | 第十三章 | 通知 | | 第十四章 | 合并、分立、增资、减资、解散和清算 . | | 第一节 | 合并、分立、增资和减资 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………72 | | 第二节 | 解散和清算 | | 第十 ...

国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于东方证券股份有限公司 2024 年年度股东大会的法律意见书 1 国浩律师（上海）事务所 法律意见书 致：东方证券股份有限公司 东方证券股份有限公司（以下简称"公司"）2024 年年度股东大会（以下简称"本 次股东大会"）于 2025 年 5 月 23 日在上海市中山南路 119 号 15 楼会议室召开。国 浩律师（上海）事务所（以下简称"本所"）接受公司的委托，指派本所律师出席会 议见证，并依据《中华人民共和国证券法》《中华人民共和国公司法》、中国证 券监督管理委员会（以下简称"中国证监会"）《上市公司股东大会规则》和《东方 证券股份有限公司章程》（以下简称"《公司章程》"）出具本法律意见书。 本所律师根据对事实的了解和对法律的理解，已按有关法律、法规的规定对 公司本次股东大会的召集、召开程序是否合法及是否符合《公司章程》、出席会 议人员资格和召集人资格的合法有效性，以及本次股东大会表决程序、表决结果 和决议的合法有效性发表法律意见。 本所律师依据有关法律、法规的规定出具本法律意见书，已对与出具本法律 意见书有关的法律事实进行审查判断。本法律意见 ...

证券代码：600958 证券简称：东方证券 公告编号：2025-031 东方证券股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东大会召开的时间：2025 年 5 月 23 日 (二) 股东大会召开的地点：上海市中山南路 119 号 15 楼会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持 有股份情况： | 1.出席会议的股东和代理人人数 | 893 | | --- | --- | | 其中：A 股股东人数 | 892 | | 境外上市外资股股东人数（H 股） | 1 | | 2.出席会议的股东所持有表决权的股份总数（股） | 3,727,631,341 | | 其中：A 股股东持有股份总数 | 3,633,925,242 | | 境外上市外资股股东持有股份总数（H 股） | 93,706,099 | | 3.出席会议的股东所持有表决权股份数占公司有表决权 | | | 股份总数的比例（ ...

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： 東方證券股份有限公司 呈交日期： 2025年5月23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) | 600958 | 說明 | A股於上海證券交易所上市 | | | | | | 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 | 已發行股份（不包括庫存股份 ...

公司名稱： 東方證券股份有限公司 呈交日期： 2025年5月22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) | 600958 | 說明 | | A股於上海證券交易所上市 | | | | | 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 | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | ...

证券代码：600958 证券简称：东方证券 公告编号：2025-030 东方证券股份有限公司 第六届董事会第七次会议（临时会议）决议公告 本议案已经公司董事会合规与风险管理委员会成员审议通过。 特此公告。 东方证券股份有限公司董事会 2025 年 5 月 22 日 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。 东方证券股份有限公司（以下简称"公司"）第六届董事会第七 次会议于 2025 年 5 月 22 日以通讯表决方式召开。本次会议通知于 2025 年 5 月 14 日以电子邮件和专人送达方式发出，2025 年 5 月 22 日完成通讯表决形成会议决议。本次会议应表决董事 15 人，实际表 决董事 15 人。本次会议的召集召开符合《公司法》《公司章程》及 《公司董事会议事规则》等有关规定。 本次会议审议通过了《关于调整公司 2025 年度资产负债配置计 划部分指标的议案》。 表决结果：15 票同意，0 票反对，0 票弃权。 1 ...

Core Viewpoint - The meeting emphasized the need for a moderately loose monetary policy to support the real economy, enhance financing efficiency, and ensure sustainable economic recovery amid external uncertainties [1][2]. Group 1: Policy Implementation - The meeting highlighted the importance of implementing a comprehensive monetary policy package to stabilize employment, businesses, markets, and expectations [1]. - Financial institutions are encouraged to enhance support for key areas such as technological innovation, consumption, small and micro enterprises, and foreign trade [1]. - The meeting called for maintaining a reasonable growth in total financial volume while ensuring effective financing for the real economy [1]. Group 2: Policy Tools Optimization - The total quota of two financial tools has been merged to 800 billion, improving convenience and flexibility [5]. - The range of participating institutions for swap facilities has been expanded from 20 to 40, and the collateral scope now includes Hong Kong stocks and restricted shares [5]. - The maximum loan term for repurchase and refinancing has been extended from 1 year to 3 years [5]. Group 3: Financial System Resilience - Despite significant external shocks, the domestic financial system remains robust, demonstrating strong resilience in the financial market [6]. - The RMB/USD exchange rate experienced slight depreciation before recovering to 7.2, with cross-border capital flows remaining relatively balanced [6]. Group 4: Future Expectations - Research indicates that further monetary policy easing is likely, with potential for rate cuts in the second quarter [12]. - Structural tools may be expanded to support sectors like technological innovation and green finance [13]. - The real estate financial policy is expected to be further optimized, with potential reductions in mortgage rates and relaxed lending policies in certain cities [14]. - Challenges remain for small and micro enterprises regarding financing difficulties, suggesting a need for improved credit loan ratios and guarantee mechanisms [15].

Core Viewpoint - The asset management business of securities firms, approaching a scale of 10 trillion yuan, is undergoing a transformation amid intensified competition, with a focus on enhancing active management capabilities and obtaining public fund licenses [1][4]. Group 1: Industry Trends - The number of large collective products in the asset management industry totals 167, with a combined management scale of 357.032 billion yuan as of the end of the first quarter [1]. - Only 15 securities firms or their asset management subsidiaries hold public fund licenses, leading many to face restrictions when large collective products mature [1][4]. - The competition in the asset management industry is becoming increasingly fierce, prompting firms to seek differentiation through public fund penetration [1][4]. Group 2: Strategic Moves - Many firms are shifting from "passive rectification" to "active collaboration," changing the management of large collective products to affiliated public fund companies [2][3]. - For example, CITIC Securities Asset Management plans to change the management of 17 large collective products to Huaxia Fund, which is 62.2% owned by CITIC Securities [2]. - This strategy aims to maintain product continuity, avoid the loss of scale from liquidation, and enhance market competitiveness through resource sharing between securities firms and fund companies [3]. Group 3: Importance of Public Fund Licenses - Obtaining public fund licenses is crucial for securities firms to broaden their client base and enhance the competitiveness of their asset management services [4]. - As of the end of 2024, the total scale of the securities industry's asset management business is projected to reach 9.7 trillion yuan, a year-on-year increase of 5.7% [4]. - The active management product scale, including public funds and collective asset management, is expected to account for approximately 44% of the total, continuing to exceed the scale of directed asset management products for three consecutive years [4]. Group 4: Performance Disparities - The net income from asset management fees for 42 listed securities firms in 2024 totaled 44.092 billion yuan, a slight year-on-year decline of 0.35% [5]. - Despite the overall decline, some firms like Dongwu Securities and Guolian Minsheng have reported growth in asset management revenue for 2024 and the first quarter of 2025 [5]. - The private asset management scale of securities firms has decreased to 5.32 trillion yuan, down 530.962 billion yuan from its peak in July 2024 [5]. Group 5: Competitive Landscape - As of the end of the first quarter, four securities firms and their asset management subsidiaries have public fund management scales exceeding 100 billion yuan, indicating a tiered competitive landscape [6]. - Firms like Dongfanghong Asset Management and Huatai Asset Management lead with management scales of 158.559 billion yuan and 136.562 billion yuan, respectively [6]. - Many securities firms are leveraging their dual licenses to accelerate business expansion, focusing on optimizing product structures and enhancing investor experience [6].

Core Viewpoint - The Chinese stock market is witnessing a significant increase in share buybacks and dividends, indicating a strong commitment from listed companies to return value to investors, with record highs in both dividends and share repurchases in 2024 [1][3]. Group 1: Share Buybacks and Dividends - In 2024, A-share listed companies implemented dividends totaling 2.4 trillion yuan and repurchased shares worth 147.6 billion yuan, both reaching historical highs [1]. - The dividend yield of the CSI 300 index is approximately 3.6%, reflecting enhanced stability and predictability in returns for investors [1]. - As of May 19, 622 listed companies or significant shareholders have engaged in share buyback activities, with a total amount of approximately 120.76 billion yuan [1]. Group 2: Market Confidence and Valuation - The collective action of companies engaging in buybacks and increases in shareholdings is expected to boost market confidence in the short term, signaling recognition of their own value and future prospects [2][3]. - The current valuation level of A-shares remains relatively low, with a price-to-earnings ratio of 12.6 for the CSI 300 index, which is significantly lower than major overseas market indices, highlighting the investment value [1]. Group 3: Policy Support and Mechanisms - The introduction of stock buyback and repurchase loan tools serves as a micro-level counter-cyclical adjustment mechanism, with initial quotas set at 500 billion yuan and 300 billion yuan respectively [3]. - Over 300 listed companies have publicly disclosed buyback plans since April, with total amounts exceeding 100 billion yuan, including both private and state-owned enterprises [3]. - The State-owned Assets Supervision and Administration Commission has expressed strong support for central enterprises to actively engage in buybacks and increases in shareholdings to maintain market confidence [5]. Group 4: Challenges and Future Outlook - There are concerns regarding the effectiveness of some companies' buyback efforts, with some perceived as insufficient, potentially undermining the intended positive signal to the market [6]. - The market is also facing challenges from the upcoming release of shares worth nearly 190 billion yuan, which may counteract the effects of buybacks [6]. - The China Securities Regulatory Commission is expected to continue guiding companies to enhance investment value through cash dividends, buybacks, and mergers and acquisitions [6].