科创债发行主体扩容之后，券商积极响应。 沪深交易所官网显示，5月8日，中信证券、国泰海通、华泰证券、中国银河、申万宏源证券、中信建投、招商 证券、东方证券、平安证券、长城证券、国联民生、华福证券共计12家券商披露了公开发行科技创新公司债券 的公告，累计发行规模达到177亿元。另外，记者了解到，还有东吴证券等多家券商已提交了相关申请，但尚 未披露。 "科创债发行主体范围扩宽，契合了券商在服务科创企业的资金需求。证券公司不仅能为科创企业提供高质量 承销服务，还可以在股权、债券、基金投资、做市服务等方面为科创企业提供全方位的服务。"招商证券资金 部门相关负责人告诉券商中国记者。 券商"抢滩"科创债 5月7日，中国人民银行、中国证监会联合发布关于支持发行科技创新债券有关事宜的公告，其中一大亮点是在 发行主体上新增支持商业银行、证券公司、金融资产投资公司等金融机构发行科技创新债券。 "金融机构纳入科创债发行主体范围将推动科创债市场进一步扩容，增强贷、债、股资金支持科技创新的联动 性，拓宽科创债产品边界，全面提升市场活力。"中证鹏元研发部高级董事高慧珂对券商中国记者表示。 政策风起，券商也积极行动。上交所和深交所官网显示 ...

相关机构披露的招募说明书均提到，本期债券募集资金拟用于符合资本市场相关要求的投资或补充公司流动资金等用途。例如，国泰海通证券 本期债券募集资金的70%将通过股权、债券、基金投资等形式专项支持科技创新领域业务，包括但不限于集成电路、人工智能、生物医药、新 能源等方面的创业投资基金或政府出资产业基金以及科技创新公司债券等。 在产业经济资深研究人士王剑辉看来，这对于证券公司而言是一个新的业务增长点。对于资本市场来说，科创债这一品种不仅有本身产生的交 易，还可以支持新兴战略产业、新质生产力相关行业企业的发展。 5月8日，国泰海通证券、中信建投证券、招商证券等多家券商相继披露2025年面向专业投资者公开发行科技创新债券的相关募集信息。此前， 证券公司仅作为主承销商承销相关科创债，而此次则是证券公司首次作为发行人发行科创债。 例如，国泰海通证券的面向专业投资者公开发行面值总额不超过600亿元的公司债券（以下简称"本次债券"）申请已经中国证监会注册。发行人 本次债券采用分期发行的方式，本期债券发行规模不超过20亿元（含20亿元），为本次债券项下的第二期发行。此前，国泰海通证券于4月8日 公告，中国证监会批复，同意公司本次债 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年4月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 招商證券股份有限公司（「本公司」） 呈交日期: 2025年5月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 600999 | 說明 | | 於上海證券交易所 （「上交所」）上市之A股 | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 7,422,005,272 | RMB | | 1 RMB | | 7,422,005,272 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 7,422,005,272 | RMB | | 1 RMB | | 7,422,005,27 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 三、公司是否存在《证券发行上市保荐业务管理办法》及上海证券交易所相关规则规定应向中国证监会 和上海证券交易所报告的事项 招商证券股份有限公司（以下简称"招商证券"或"保荐机构"）作为湖南海利非公开发行股票的保荐机 构，根据《证券发行上市保荐业务管理办法》《上海证券交易所股票上市规则》《上海证券交易所上市 公司自律监管指引第1号一一规范运作》和《上海证券交易所上市公司自律监管指引第11号一一持续督 导》等相关法规和规范性文件的要求，对湖南海利进行了持续督导，现对2024年持续督导工作汇报如 下： 一、招商证券持续督导工作情况 招商证券作为湖南海利本次非公开发行股票的主承销商和保荐机构，针对湖南海利具体情况确定了持续 督导的内容和重点，通过日常沟通、定期回访、尽职调查等方式对湖南海利进行了日常的持续督导，开 展了以下相关工作： ■ ■ 二、保荐机构对上市公司信息披露的审阅情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准湖南海利化工股份有限公司非公开发 行股票的批复》（证监许可[2022]2671号核准）核准，湖南海利化工股份有限公司（以下简称"湖 ...

Core Viewpoint - The listed securities firms in China are set to distribute a total of 38.7 billion yuan in cash dividends for the year-end of 2024, despite some firms experiencing profit declines [1][2]. Summary by Category Dividend Distribution - A total of 40 listed securities firms have announced their year-end dividend plans, with a combined cash dividend of 38.74 billion yuan for 2024 [2]. - Compared to 2023, the number of firms planning to distribute dividends remains unchanged, but the total amount has decreased by nearly 1.9 billion yuan [2]. - The overall cash dividends for 2024 are still higher than 2023 by 12.8 billion yuan due to increased mid-year and special dividends [2]. Performance and Dividend Policy - 17 firms have a cash dividend ratio exceeding 40%, which is an increase from 2023 [1]. - Approximately 70% of the firms maintain a cash dividend ratio of 30% or above annually [1]. - Notably, firms like Guotai Junan and CITIC Securities lead in proposed cash dividends, with amounts of 4.923 billion yuan and 4.15 billion yuan respectively [2]. Impact of Profit Declines - Despite a 40.8% decline in net profit, Guolian Minsheng Securities plans to distribute 3.18 billion yuan in cash dividends, indicating a focus on long-term shareholder value [3]. - Other firms, including Guojin Securities and Everbright Securities, also plan dividends despite underperforming, with cash dividend ratios below 30% [3]. Strategic Focus on Shareholder Returns - The industry is increasingly embedding cash dividend policies into company charters, committing to distribute at least 10% of available profits annually and 30% over any three consecutive years [6]. - Market participants emphasize the importance of balancing strategic development, performance growth, and shareholder returns, with an average dividend yield of 1.63% across 40 firms [7].

Group 1 - The core viewpoint of the article highlights that listed securities firms are increasingly committed to shareholder returns, with a total of 387.4 billion yuan planned for year-end dividends in 2024, despite some firms opting out due to negative distributable profits [1][2][7] - Among the 42 listed securities firms, only Tianfeng Securities and Pacific Securities will not distribute dividends due to negative distributable profits, while 17 firms have a cash dividend ratio exceeding 40%, which is an increase from 2023 [1][2][8] - The total cash dividends for 2024 are projected to be higher than in 2023, with a total of 536.87 billion yuan distributed in mid-year and third-quarter dividends, leading to an overall increase of 128 billion yuan compared to the previous year [2][8] Group 2 - The top cash dividend amounts for 2024 are led by Guotai Junan with 49.23 billion yuan, followed by CITIC Securities with 41.50 billion yuan, and other firms like Guoxin Securities and Huatai Securities also contributing significant amounts [2][3] - A total of 27 firms plan to distribute between 100 million to 1 billion yuan, while 6 firms will distribute over 3 billion yuan, indicating a robust dividend distribution strategy among the majority of firms [2][3] - The cash dividend ratio for several firms remains high, with notable mentions including Guolian Minsheng at 80%, Hongta Securities at 64%, and Southwest Securities at 62%, despite some firms experiencing declines in net profit [3][6] Group 3 - The trend of increasing dividend frequency is evident, with 33 firms planning to distribute dividends two or more times in 2024, compared to only one firm in 2023 [8][9] - A total of 29 firms have maintained a cash dividend ratio of 30% or more over the past three years, showcasing a commitment to consistent shareholder returns [8][9] - The average dividend yield among 40 listed securities firms is 1.63%, with only a few firms exceeding a 3% yield, indicating that while dividends are increasing, the sector may not yet be classified as a high-dividend sector [10] Group 4 - Companies are focusing on balancing strategic development, performance growth, and shareholder returns, with management emphasizing the importance of investor relations and consistent cash dividends as part of their market value management strategies [11][10] - Specific measures to enhance investor confidence include encouraging long-term shareholding by major shareholders, implementing share buybacks, and utilizing employee stock ownership plans to boost company value [11]

Core Viewpoint - The retirement of Wu Zongmin as the president of China Merchants Securities marks a significant leadership change, with the company expressing gratitude for his contributions during his tenure, which lasted over three years [1][4]. Group 1: Leadership Transition - Wu Zongmin has retired due to reaching the retirement age, and he will not hold any position in the company or its subsidiaries after his departure [1]. - The company will promptly select a new president and board members, with the chairman, Huo Da, temporarily assuming the president's responsibilities during this transition [1][4]. - There is speculation regarding the new president's identity, but sources indicate that no successor has been finalized yet [1][5]. Group 2: Performance During Tenure - Under Wu Zongmin's leadership, China Merchants Securities has seen steady growth in net profit, with projections of 8.072 billion yuan, 8.764 billion yuan, and 10.386 billion yuan for 2022, 2023, and 2024 respectively [1][4]. - The company maintained its position as the fourth largest in the industry during Wu's tenure, with a projected revenue of 20.891 billion yuan in 2024, reflecting a year-on-year growth of 5.4% [4]. - The integration of AI technology into business operations was a significant achievement during his leadership, enhancing productivity in wealth management by 23% [3]. Group 3: Future Challenges - The new leadership will face challenges, particularly in the investment banking sector, which is expected to experience a downturn in 2024 following a cooling financing market in 2023 [5]. - The investment banking revenue of China Merchants Securities has reportedly shrunk by over 50% compared to three years ago, indicating a need for strategic planning and client engagement [5].

瑞财经 王敏 5月6日，招商证券(SH600999)发布关于公司执行董事、总裁离任公告。 | 姓名 | 离任职务 | 离任时间 | 原定任期 到期日 | 离任原因 | 是否继续在上 市公司及其控 | 具体 职务 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 股子公司任职 | | 公开承诺 | | | 总裁 | | 2025 年 5 2027 年 1 | | | | | | | | 月6日 | 月 18日 | | | | | | | 董事、董事会战 | 公司股东 | | | | | | | | 略与可持续发展 | 大会选举 | 2027 年 1 | | | | | | | 委员会委员、董 | 产生新任 | 月 18日 | | | | | | | 事会风险管理委 | | | | | | | | 吴宗敏 | 员会委员 | 董事之日 | | 到龄退休 | 否 | 无 | 否 | | | 《香港联合交易 | | | | | | | | | 所有限公司证券 | 公司股东 | | | | | | | | 上市规则》 ...

5月6日，招商证券发布公告，公司总裁吴宗敏到龄退休离任，离任后不在公司及其控股子公司任职。 公开资料显示，吴宗敏于2022年1月正式担任招商证券总裁一职，至今执掌超过3年，对于吴宗敏的付 出，招商证券表示，"吴宗敏任职期间恪尽职守、勤勉尽责，持续完善公司治理，全面贯彻执行董事会 各项决策部署，深化改革创新，坚守风险合规底线，推动公司战略规划有效落地、实现高质量发展。" 招商证券同时强调，吴宗敏已按照公司相关规定做好工作交接，其离任不会导致公司董事会成员低于法 定人数。在总裁空缺期间，暂由公司董事长霍达代行总裁职责。 续聘不到半年就离任 拒绝"超龄服役" 公开资料显示，吴宗敏出生于1965年。按此计算，吴宗敏将在2025年达到60周岁，因此，对于吴宗敏的 离任，招商证券解释为"到龄退休"。 值得注意的是，2024年12月31日，招商证券曾发布了第八届董事会第十三次会议决议公告。彼时，招商 证券续聘吴宗敏为公司总裁，任期自2025年1月1日起至第八届董事会届满之日止，议案表决获得全员同 意通过。 南都·湾财社进一步梳理招商证券2024年财报，在这份财报中，吴宗敏执行董事、总裁的任期终止日期 均为2027年1月。这 ...

2025年一季度上半年基础化工行业资产负债率虽有所抬升，但总体保持稳定 招商证券发布研报称，2025年一季度基础化工行业业绩同比上升;资产负债率虽有所抬升，但总体保持 稳定;另全行业营运能力小幅提升。2025年一季度，国际局势风云变化，美国存在贸易争端预期催化国 内出口加速，中东地区局势对国际油价波动造成影响，当前状况下，国内国产替代等高附加值行业备受 关注，同时机器人等高科技行业相关产业链受到资本市场青睐。建议关注未来具有成长性，高科技高附 加值类及低估值的行业龙头的投资机会，维持行业投资评级为"推荐"。 招商证券主要观点如下： 基础化工行业2025年一季度业绩同比上升 2025年一季度基础化工行业(申万)累计实现营业总收入5329.07亿元，同比增长8.53%;归母净利润341.09 亿元，同比增长17.99%。受到贸易争端预期、国内经济稳中向好影响，一季度国内基础化工行业营收 净利润双增长，即使外部环境仍旧保持复杂性、严峻性，但中国经济保持高速增长，化工行业在经历两 年的磨底阶段后，部分化工产品价格已经开始有所反弹，当前化工行业仍处于底部区间，随着需求恢 复，该行认为，化工行业增速有望逐步提高。 风险提 ...