中国经济网北京8月8日讯（记者 徐自立） 财新网6日报道《幻方量化市场总监涉案原委 牵扯老东家多 人被查》指出，招商证券（600999）股份有限公司财富管理及机构业务总部机构业务部总经理高翔涉嫌 严重违纪违法接受调查一案，与去年幻方量化市场总监李橙案有直接关联。 南粤清风网此前于5月30日发布消息，招商证券股份有限公司财富管理及机构业务总部机构业务部总经 理高翔涉嫌严重违纪违法，目前正接受招商局集团纪委纪律审查和中山市监委监察调查。 新浪证券也于6日发布报道《招商证券机构业务部总经理高翔被查 或牵出幻方量化亿元返佣腐败链》， 据各方报道，其涉案线索或直指此前量化巨头幻方量化市场总监李橙的亿元返佣案。调查显示，高翔案 与2024年11月幻方量化市场总监李橙被查存在直接关联：李橙在2018-2023年间，伙同招商证券深南东 路营业部原总经理孟鹏飞，通过虚构经纪人身份，将幻方量化交易导入指定营业部，套取券商"交易佣 金40%提成" 制度下的绩效奖金，6年累计1.18亿元。孟鹏飞案发后曾向时任深圳分公司负责人高翔行贿 300万元黄金以求脱罪，高翔虽退还财物，仍因涉嫌渎职被查。目前相关几名涉案人员已移交司法。 中国经济 ...

《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等相关法 律法规及规范性文件，对国力股份控股子公司通过增资实施股权激励及公司放弃 优先认购权暨关联交易相关事项进行了核查，核查情况如下： 招商证券股份有限公司 关于昆山国力电子科技股份有限公司控股子公司通过增资 实施股权激励及公司放弃优先认购权暨关联交易的核查意见 招商证券股份有限公司（以下简称"招商证券"、"保荐人"）作为昆山国力 电子科技股份有限公司（以下简称"国力股份"、"公司"）持续督导的保荐人， 根据《证券发行上市保荐业务管理办法》、 《上海证券交易所科创板股票上市规则》、 一、关联交易概述 昆山国力源通新能源科技有限公司（以下简称"国力源通"）为公司控股子 公司，主营业务为直流接触器等产品的研发、生产和销售。为进一步提升国力源 通竞争力，提高资本规模、优化资本结构、补充营运资金，建立与员工利益共享、 风险共担的长效激励机制，充分调动国力源通经营管理团队、核心员工的工作积 极性，促进国力源通长远发展，公司同意国力源通面向其部分高管、核心技术人 员、骨干员工增资扩股以实施股权激励。 国力源通拟根据2024年12月31日经审计净资产9,1 ...

Fundraising Overview - The company has issued convertible bonds with a total face value of RMB 480 million, with a net fundraising amount of RMB 466.97 million after deducting issuance costs [1][2] - The funds are stored in a dedicated account, and a regulatory agreement has been signed with the underwriter and the bank [2] Fund Allocation Changes - The company decided to adjust the investment amount for the "New Energy Direct Current Contactor Expansion Project" from RMB 20 million to RMB 5.75 million due to lower-than-expected fundraising and changes in market conditions [2][6] - The reduced funds will be redirected to a new project, "High-end Electronic Vacuum Devices and Integrated Systems Intelligent Manufacturing Expansion Project," expected to be completed by 2027 [2][7] Project Details - The new project will focus on high-tech vacuum capacitors, vacuum relays, and vacuum active devices, aiming to enhance production scale and product quality [7][9] - The total investment for the new project is estimated at RMB 147.8 million, with RMB 142.5 million sourced from the raised funds [9][10] Market Context - The semiconductor equipment industry is experiencing rapid growth, with the market size in China increasing from RMB 96.84 billion in 2019 to RMB 219.02 billion in 2023 [14] - The demand for electronic vacuum devices is expected to rise significantly due to advancements in semiconductor manufacturing and the growth of the aerospace sector [14][15] Strategic Importance - The project aims to solidify the company's position in the high-end market and enhance its competitive edge by leveraging proprietary technologies [13][14] - The company has established a strong customer base, including key players in the semiconductor and aerospace industries, ensuring a reliable market for its products [11][12] Approval Process - The changes to the fundraising project have been approved by the company's board and supervisory committee, pending further approval from the shareholders' meeting [17][18] - The underwriter has confirmed that the company has followed necessary procedures and complies with relevant regulations [18]

Group 1 - The article provides a list of companies involved in various financial activities such as earnings announcements, shareholder meetings, and new stock activities [2][3] - Several companies are mentioned for their dividend distribution dates, indicating their financial performance and shareholder returns [2][3] - The document highlights companies undergoing stock repurchases and capital increases, which may signal their financial strategies and market positioning [3] Group 2 - The article includes a list of companies that are currently in the process of IPOs, reflecting market interest and potential investment opportunities [2] - Companies like Silver Noble Pharmaceuticals and others are noted for their ongoing stock activities, which may attract investor attention [2] - The document also mentions companies that are resuming trading, indicating a potential recovery or change in market conditions [2]

Core Viewpoint - The internal conflict at Jingqi Investment has escalated from corporate governance issues to legal and regulatory matters, following the dismissal of co-founder and fund manager Fan Siqi and allegations of forgery and negligence against the custodian, China Merchants Securities [1][3]. Group 1: Company Governance and Management - Fan Siqi announced his resignation as fund manager and the liquidation of his self-managed products on June 11, citing immense pressure from market changes [3]. - Jingqi Investment emphasized that the company is operating stably with efficient collaboration and is confident about future development [5]. - A letter titled "Ten Years of Effort, One Morning of Betrayal" accused the company of sudden dismissal of all positions held by Fan Siqi during a shareholder meeting [5][7]. Group 2: Legal Actions and Complaints - Jingqi Investment has taken two actions regarding the alleged misuse of the company seal: filing a report with the police and formally complaining to the CSRC and the Asset Management Association of China about the custodian's duties [1]. - The company stated that the management of the company seal is under the control of Fan Siqi, and any other seals in possession are considered forged [1]. Group 3: Company Structure and Ownership - Jingqi Investment was established on March 9, 2015, and has a management scale ranging from 1 billion to 2 billion yuan, with 17 full-time employees [7]. - Fan Siqi holds approximately 42.73% of the shares, making him the largest shareholder, while partners Mao Noping and Tang Jingren each hold about 28.64% [9].

Core Viewpoint - The internal conflict at quantitative private equity firm Jingqi Investment has escalated, with accusations against its custodian, China Merchants Securities, for failing to fulfill its supervisory duties regarding significant fund transfers [1][3][4]. Group 1: Custodian Responsibilities - Jingqi Investment issued a risk warning on August 7, accusing China Merchants Securities of not performing its basic verification duties, leading to abnormal fund transfers from its custodian accounts [3][4]. - A specific incident highlighted was the transfer of 5 million yuan from Jingqi Investment's main account within hours on July 2, 2024, which included unauthorized payments such as over 100,000 yuan in "year-end bonuses" and over 700,000 yuan in "information technology service fees" to related accounts [3][4]. - The firm has collected evidence and formally reported the alleged violations to the China Securities Regulatory Commission and the Asset Management Association of China [3][4]. Group 2: Internal Power Struggle - The ongoing internal power struggle at Jingqi Investment began in June, when founder Fan Siqi accused a shareholder of orchestrating a coup during a hastily called shareholder meeting, resulting in his removal from all positions [5][6]. - Fan Siqi, who holds a 36.36% stake, described the situation as a "complete betrayal," as he lost access to critical company systems and communication channels [5][6]. - Despite the internal turmoil, Jingqi Investment achieved recognition as the top performer in the "10 billion to 20 billion scale quantitative private equity performance ranking" for the first half of 2025, indicating a paradoxical success amidst the conflict [7][8]. Group 3: Industry Implications - The conflict at Jingqi Investment raises significant concerns regarding the supervisory responsibilities of custodians in the private equity industry, as the incident has drawn attention to regulatory issues [7][8]. - The outcome of this internal struggle and the related custodial disputes may influence future regulatory directions within the private equity sector [8].

Group 1 - The core issue involves internal conflict within Jingqi Investment, particularly surrounding the resignation of its founder and allegations of betrayal [1] - On August 7, Jingqi Investment issued a risk warning announcement, urging fund custodians, securities companies, and partners to strictly fulfill their due diligence obligations [1] - The announcement highlighted that the establishment and operation of the Jingqi Tiangong Jupei Exclusive No. 1 Private Securities Investment Fund involved actions that were not authorized by the legal representative, leading to a complaint filed with the China Securities Regulatory Commission and the Asset Management Association of China [1]

8月7日，靖奇投资发布风险警示公告，特别提醒各基金托管机构、证券公司及合作方：应严格履行尽职 调查义务，认真核查基金设立、交易账户开立等行为中所使用的法人授权文件与印章是否合法、有效。 例如：靖奇天弓聚配专享1号私募证券投资基金在设立及运作过程中，相关行为未经我司法定代表人授 权，其托管人招商证券未尽到基本核查义务，已涉嫌违反基金法律法规规定。对此我司已向中国证监会 与中国证券投资基金业协会正式投诉举报。 责任编辑：石秀珍 SF183 ...

Core Viewpoint - Yidong Electronics (301123.SZ) is currently experiencing a decline in stock price, with a closing price of 30.91 yuan and a drop of 3.74%, resulting in a total market capitalization of 7.221 billion yuan [1] Company Overview - Yidong Electronics was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on January 25, 2022, with an issuance of 58,400,000 shares at an initial price of 37.23 yuan per share [1] - The stock reached its highest price of 58.00 yuan on the first day of trading, marking the peak since its listing [1] Fundraising and Financials - The total amount raised from the initial public offering (IPO) was 2,174,232,000 yuan, with a net amount of 1,971,166,112.39 yuan, exceeding the original plan by 1.057 billion yuan [1] - The company planned to use the raised funds for projects including the construction of printed circuit board production lines, advanced manufacturing bases, research and development centers, and to supplement working capital [1] - The total issuance costs for the IPO amounted to 203,065,887.61 yuan, with underwriting and sponsorship fees accounting for 178,939,293.60 yuan [1]

近日，随着两市指数震荡攀升，两市成交明显活跃，截至8月6日，两市成交额连续第16个交易日突破 1.5万亿，8月5日，时隔十年两融额度突破2万亿元后，8月6日，两融额度再度提升。 8月8日，三大指数盘中探底后拉升，稀土概念概念领涨，券商个股涨多跌少，截至14点10分，券商ETF 基金（515010）涨0.07%，其持仓股财达证券涨停，西部证券、东方证券、申万宏源等股涨幅靠前。 随着A股行情回暖，作为牛市旗手的券商ETF基金（515010）持续获资金布局，近6日累计获资金净申购 金额2543万。 券商ETF基金（515010）跟踪证券公司指数，6 月中旬以来证券公司指数估值有所修复，但安全边际仍 较高。截至7 月31 日的PB 估值水平大约在1.53 倍，从相对估值分位区间来看，位于2016 年以来的 42.45%分位，安全边际仍较高，指数前十大成份股包括中信证券、东方财富、国泰海通、华泰证券、 招商证券等头部券商，权重达60.73%，一键配置券商龙头，直接受益A股行情回暖。 数据显示，券商ETF基金（515010）当前管理费托管费合计费率0.2%，为当前场内费率档次最低投资标 的，如看好券商板块，或可借此布局。 ...