登录新浪财经APP 搜索【信披】查看更多考评等级 基金管理人：国联安基金管理有限公司 基金托管人：招商证券股份有限公司 重要提示 1.国联安中证A500增强策略交易型开放式指数证券投资基金（以下简称"本基金"或"基金"）经中国证券 监督管理委员会2025年3月7日证监许可[2025]426号文准予注册募集。中国证监会对本基金募集的注 册，并不表明其对本基金的投资价值和市场前景做出实质性判断或保证，也不表明投资于本基金没有风 险。 2.本基金是股票型证券投资基金。本基金的运作方式为交易型开放式。 3.本基金管理人为国联安基金管理有限公司（以下简称"基金管理人"或"本基金管理人"）；基金托管人 为招商证券股份有限公司；登记机构为中国证券登记结算有限责任公司。 4.本基金发售对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者和合格境外 投资者以及法律法规或中国证监会允许购买证券投资基金的其他投资者。 5.本基金将自2025年6月11日至2025年6月20日进行发售。投资者可选择网上现金认购、网下现金认购2 种方式。其中，网上现金认购的日期为2025年6月11日至2025年6月20日，网下现金认购的 ...

Core Viewpoint - The company, Jin Guan Electric Co., Ltd., has approved a differentiated equity distribution plan for the fiscal year 2024, with a cash dividend accounting for 81.86% of the net profit attributable to shareholders [1][6]. Group 1: Differentiated Equity Distribution Plan - The profit distribution plan includes a cash dividend of 0.55 yuan per share, with a total of 135,623,509 shares participating in the distribution after excluding shares in the repurchase account [3][5]. - The total share capital of the company is 136,613,184 shares, with 989,675 shares (0.72% of total capital) held in the repurchase account, which will not participate in the profit distribution [2][3]. Group 2: Calculation Basis for Distribution - The reference price for ex-dividend trading is calculated as (previous closing price - cash dividend) / (1 + change in circulating shares ratio), with the circulating shares ratio being 0 since only cash dividends are distributed [3][5]. - The calculated ex-dividend reference price based on the previous closing price of 13.92 yuan per share is approximately 13.3740 yuan per share [4][5]. Group 3: Compliance and Verification - The company has committed not to undertake any actions that could alter the total share capital or the number of shares in the repurchase account from the application submission date until the equity distribution implementation date [6]. - The sponsor institution has verified that the differentiated equity distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and all shareholders [6].

持有规模是券商ETF业务实力的直观反映。截至4月底，沪市方面，经纪业务持有ETF规模占市场比重居首的券商为中国银 河，持有规模占市场比重为24.57%；申万宏源证券紧随其后，持有规模占市场比重为17.87%；中信证券、招商证券、广发证券 也位居前列，持有ETF规模占市场比重分别为6.2%、4.83%、4.65%。 本报记者 周尚伃 见习记者 于宏 作为资本市场中重要的被动投资工具，ETF（交易型开放式指数基金）正成为券商财富管理转型与业务创新的关键驱动力 之一。 《证券日报》记者从券商处获悉，近日，上交所、深交所分别向机构内部披露了最新的4月份券商经纪业务ETF成交额、 交易账户数量等数据。从中可以看出，券商纷纷加码布局ETF赛道，通过在ETF做市、代销等多环节发力，打造特色优势，开 辟业绩新增长点。 ETF赛道角逐激烈 从市场规模来看，ETF市场持续扩容，展现出强劲的增长潜力。截至4月底，沪市基金产品共846只，资产管理总规模3.1万 亿元。其中，ETF共680只，总市值2.96万亿元，总份额1.75万亿份。4月份沪市ETF累计成交金额为3.91万亿元。深市基金产品 共756只，资产管理总规模1.13万亿元 ...

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the **automotive**, **real estate**, and **foreign trade** sectors in China, highlighting their performance and trends in May 2025 [5][2]. Core Insights and Arguments 1. **Automotive Sales Growth**: - Automotive sales have shown robust growth, with average daily sales of passenger cars reaching **60,896 units** in the second week of May, a **30%** year-on-year increase. The third week saw sales of **51,175 units**, marking a **14%** increase compared to the same period last year. This growth is attributed to the continued effects of subsidy policies [5][2]. 2. **Real Estate Market Recovery**: - The year-on-year decline in the sales area of commercial housing in 30 cities has narrowed significantly, from **-21.7%** at the end of April to **-4.4%** in the last week of May. The total transaction area has exceeded **1.9 million square meters** in recent weeks, indicating a potential stabilization in the real estate market [5][2]. 3. **Foreign Trade and Shipping Rates**: - The export shipping price indices (NCFI, SCFI, CCFI) have shown a recovery from their lows, with NCFI increasing by **21.8%** and SCFI by **18.3%** since the last week of April. This improvement is linked to the reduction of tariffs between China and the US, enhancing trade relations [5][2]. 4. **Port Cargo Throughput**: - Cargo throughput at Chinese ports has remained high, exceeding **260 million tons** in the past two weeks, which is **6.4%** and **6.9%** higher than the average levels from the previous year. This trend supports the notion that export growth will continue to be strong in May [5][2]. 5. **Investment and Industrial Performance**: - Despite the positive consumer and external demand indicators, investment in heavy industrial products remains weak. The overall economic outlook is supported by strong consumption and external demand, but risks such as geopolitical tensions and domestic policy implementation remain [5][2]. Additional Important Content - **Risk Factors**: The report highlights potential risks including geopolitical tensions, domestic policy execution falling short of expectations, and the possibility of a global recession impacting major economies [5][2]. - **Production and Capacity Utilization**: Various sectors, including steel and cement, are experiencing fluctuations in production and capacity utilization rates, with some sectors showing declines while others stabilize or improve [45][48][67]. This summary encapsulates the key points discussed in the conference call, providing insights into the current state and outlook of the automotive, real estate, and foreign trade sectors in China.

新华财经北京5月27日电（王菁）日前，交易所明确试点开展公司债券（含企业债券，下同）续发行和 资产支持证券扩募发行业务，随后市场迎来新规后首批券商公司债续发行案例。 （文章来源：新华财经） 同日，招商证券公告称，将5月30日发行招商证券股份有限公司2025年面向专业投资者公开发行短期公 司债券（第二期）（续发行）。本期续发行债券的发行规模不超过20亿元（含20亿元），债券面值为人 民币100元，发行价格通过簿记建档确定。 公开资料显示，招商证券股份有限公司2025年面向专业投资者公开发行短期公司债券（第二期）（品种 二）于今年4月7日完成发行，债券期限为227天，票面利率为1.87%，发行规模27亿元，债券代码为 242681。本期续发行债券债券期限、票面利率与存量债券保持不变，发行价格申购区间为100.280 元-100.510元。 此外，从募集资金用途看，两只债券续发行主要用于补充公司流动资金和偿还到期债务。其中，中信证 券不超过30亿元全部用于补充运营资金；招商证券拟将不超过15 亿元（含15亿元）用于偿还到期公司 债券本金，不超过5亿元（含5亿元）用于补充公司流动资金。 5月26日，中信证券和招商证券 ...

Core Viewpoint - The appointment of Zhang Xing and Wang Zhijian as vice presidents of China Merchants Securities marks a significant management transition, filling the vacancies left by recent executive departures and reflecting a new leadership structure within the company [2][11]. Group 1: Executive Appointments - Zhang Xing, previously the Chief Compliance Officer and Chief Risk Officer, has extensive experience in risk management and compliance, having held various senior roles since 2017 [5][11]. - Wang Zhijian, with a focus on investment, has served as Chief Investment Officer and has a background in investment banking, including senior positions at CITIC Securities prior to joining China Merchants Securities [6][7][11]. Group 2: Recent Management Changes - The recent changes in management include the retirement of President Wu Zongmin and the resignation of Vice President Zhang Haochuan, indicating a period of transition for the company [9][10]. - The current executive structure of China Merchants Securities consists of one chairman and five vice presidents, with Zhang Xing and Wang Zhijian now included in this leadership team [11].

Group 1 - The first batch of 26 new floating rate funds has been launched, with 16 funds available for subscription today, indicating strong regulatory support for innovation in the public fund sector [1] - The rapid approval and issuance of these funds, with only one trading day between approval and launch, reflects a streamlined regulatory process aimed at enhancing market liquidity [1] - Investors can subscribe through various channels, which is expected to attract more capital into the fund management industry, positively impacting related sectors [1] Group 2 - China Merchants Securities has appointed two "post-70s" executives as vice presidents, showcasing the company's internal talent development capabilities [2] - The new vice presidents, Zhang Xing and Wang Zhijian, bring extensive experience in compliance risk management and investment banking, respectively, which may enhance the company's operational efficiency [2] - Frequent changes in senior management may raise short-term concerns about company stability, but the professional backgrounds of the new appointees are likely to bolster investor confidence in the long run [2] Group 3 - Western Securities is actively pursuing the acquisition of controlling stakes in Guorong Securities, indicating its intent to expand within the securities industry [3] - The acquisition process is currently under regulatory review, and the progress of this review will be a focal point for market observers, potentially affecting investor expectations regarding the company's future performance [3] Group 4 - Oriental Red Asset Management has announced a self-purchase of 10 million yuan in its floating rate fund, demonstrating confidence in its product and reinforcing the alignment of interests between fund managers and investors [4] - This self-purchase initiative is expected to enhance market trust in fund managers and could lead to increased capital inflows into related sectors, positively influencing overall market sentiment [4]

登录新浪财经APP 搜索【信披】查看更多考评等级 重要提示 1、华安中证A500增强策略交易型开放式指数证券投资基金（以下简称"本基金"）的募集已于2025年3 月7日中国证监会《关于准予华安中证A500增强策略交易型开放式指数证券投资基金注册的批复》（证 监许可〔2025〕421号）注册。中国证监会对本基金的注册并不代表中国证监会对本基金的风险和收益 作出实质性判断、推荐或者保证。 2、本基金为交易型开放式、股票型指数基金。 3、本基金的基金管理人为华安基金管理有限公司（以下简称"本公司"），基金托管人为中信银行股份 有限公司，本基金的登记机构为中国证券登记结算有限责任公司。 4、本基金的发售对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、合格 境外投资者以及法律法规或中国证监会允许购买证券投资基金的其他投资人。 5、投资者可选择网上现金认购、网下现金认购2种方式（本基金暂不开通网下股票认购）认购本基金。 本基金基金份额初始面值为1.00元，认购价格为1.00元。 网上现金认购是指投资者通过基金管理人指定的发售代理机构用上海证券交易所网上系统以现金进行的 认购。网下现金认购是指投资者通 ...

头部券商招商证券最新提拔两名副总裁，均为"70后"，一位为来自风控合规条线的首席风险官张兴，另一位是投资投行方向的首席投资官王治 鉴。两位副总裁的聘任，为招商证券管理团队增添新力量。 5月12日，招商证券副总裁王浩川因个人原因辞职，离职前他分管资管业务。同时，招商证券的总裁职位目前仍空缺。5月6日，招商证券披露总 裁吴宗敏到龄退休，暂由董事长霍达代行总裁职责。 5月26日晚间，招商证券披露公司当天召开董事会审议通过了《关于聘任张兴先生、王治鉴先生为公司副总裁的议案》。招商证券表示，聘任张 兴、王治鉴担任公司副总裁，任期自本次董事会审议通过之日起，至第八届董事会届满之日止。 在招商证券之前，王治鉴曾任中信证券投资银行部高级副总裁、总监、执行总经理，投资银行管理委员会行业与策略研究组负责人、执行总经 理，战略规划部行政负责人、董事总经理兼投资银行管理委员会私募股权行业组负责人，投资银行管理委员会运营部负责人、董事总经理，中 信并购基金管理有限公司副总经理、董事总经理，北京京西创业投资基金管理有限公司专家顾问、总经理，北京首钢基金有限公司董事总经 理、首席投资官。 王治鉴分别于1997年7月、2000年6月、201 ...

证券代码：600999 证券简称： 招商证券 编号： 2025－025 招商证券股份有限公司 第八届董事会第十九次会议决议公告 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。 一、董事会会议召开情况 招商证券股份有限公司（以下简称公司）第八届董事会第十九次会议通知于 2025 年 5 月 23 日以电子邮件方式发出。会议于 2025 年 5 月 26 日以通讯表决方 式召开。 本次会议由霍达董事长召集。应出席董事 15 人，实际出席 15 人。 本次会议的召集、召开及表决程序符合有关法律、行政法规、部门规章、规 范性文件和《招商证券股份有限公司章程》的规定。 二、董事会会议审议情况 （一）关于聘任张兴先生、王治鉴先生为公司副总裁的议案 聘任张兴先生、王治鉴先生担任公司副总裁，任期自本次董事会审议通过之 日起，至第八届董事会届满之日止。 1 签发与代理协议和派息账户等有关的指示、指引、决定、通知及批准等。 议案表决情况：同意 15 票，反对 0 票，弃权 0 票。 特此公告。 招商证券股份有限公司董事会 2025 年 5 月 2 ...