Core Viewpoint - Huatai Securities Asset Management Co., Ltd. announced the resignation of Chairman Cui Chun due to work changes, with General Manager Jiang Xiaoyang taking over the chairman duties [1] Group 1: Leadership Changes - Cui Chun has been with Huatai Securities Asset Management since its establishment in 2015, significantly contributing to the company's growth and maintaining a leading position in the industry [1] - The company expressed gratitude for Cui Chun's leadership, which focused on innovation and practical development [1] Group 2: Business Development - Under Cui Chun's leadership, the company expanded into various investment areas, including equity investment, fixed income, multi-asset and FOF investment, asset securitization, REITs, capital market business, and cross-border business [1] - The company transitioned from a single business model to a dual-license model in asset management and public fund business, enhancing its investment and investment banking capabilities [1] Group 3: Performance Metrics - As of June 30, 2025, Huatai Securities Asset Management's asset management scale reached 627.032 billion yuan, a year-on-year increase of 23.92% [2] - The public fund scale exceeded 165.909 billion yuan, and the company ranked first in the industry with 77 asset-backed securities (ABS) issuances in the year [2] - Cumulatively, the investment banking asset management business has served the real economy with a scale exceeding 1 trillion yuan [2]

Core Points - Huatai Securities announced a change in leadership at its wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. [1] - Cui Chun has stepped down as the chairman of Huatai Asset Management due to work changes, with Jiang Xiaoyang taking over the chairman responsibilities [1] Summary by Category - **Company Leadership Change** - Cui Chun is no longer serving as the chairman of Huatai Asset Management [1] - Jiang Xiaoyang will assume the role of chairman [1]

（股份代號：6886） 海外監管公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司， 中文公司名稱為華泰證券股份有限公司，在香港以HTSC名義開展業務） 证券代码：601688 证券简称：华泰证券 公告编号：临 2025-061 华泰证券股份有限公司关于华泰证券（上海） 资产管理有限公司变更董事长的公告 本公告乃根據上市規則第13.10B條規則作出。 茲載列本公司在上海證券交易所網站刊登之《華泰證券股份有限公司關於華泰證 券（上海）資產管理有限公司變更董事長的公告》，僅供參閱。 釋義 於本公告，除文義另有所指外，下列詞彙具有以下涵義。 「本公司」 指 於中華人民共和國以華泰證券股份有限公司的公司名 稱註冊成立的股份有限公司，於2007年12月7日由前身 華泰證券有限責任公司改制而成，在香港以「HTSC」 名義開展業務，根據公司條例第16部以中文獲准名稱 「華泰六八八六股份有限公司」及英文公司名稱「Huatai ...

10月24日盘后，华泰证券资管发布董事长离任公告。因工作变动原因，崔春于10月24日起离任华泰证券 资管董事长，由总经理江晓阳代为履行董事长职责。公告显示，崔春自2015年华泰证券资管成立之初加 入，推动公司资产管理规模显著增长。 截至2025年6月30日，华泰证券资管资产管理规模6270.32亿元，同比增加23.92%；公募基金规模突破 1659.09亿元；ABS年内发行数量77单，排名行业第一，投行资管业务累计服务实体经济规模突破万亿 元。据悉，崔春下一站工作安排已定，后续将正式公布。 ...

Group 1 - Company announced that on October 23, 2025, from 15:00 to 16:00, it will accept investor research from Huatai Securities Asset Management and others, with the market strategy director Li Gang participating in the reception and answering investor questions [1] Group 2 - The Chinese innovative drug sector has sold overseas authorizations worth $80 billion this year, indicating a hot secondary market for biomedicine, while the primary market is experiencing a fundraising slowdown [1]

证券代码：601688 证券简称：华泰证券 公告编号：临 2025-061 2025 年 10 月 25 日 华泰证券股份有限公司关于华泰证券（上海） 资产管理有限公司变更董事长的公告 1 特此公告。 华泰证券股份有限公司董事会 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。 近日，华泰证券股份有限公司（以下简称"公司"）全资子公司 华泰证券（上海）资产管理有限公司（以下简称"华泰资管公司"） 召开第四届董事会 2025 年第七次临时会议，因工作变动，崔春女士 不再担任华泰资管公司董事长，由江晓阳先生代为履行董事长职责。 公司及公司董事会对崔春女士担任华泰资管公司董事长期间为资产 管理业务的跨越式发展、关键领域的创新突破，以及市场影响力的持 续提升所做出的重要贡献表示衷心感谢！ ...

Group 1 - The core viewpoint of the articles highlights the positive developments in the securities and private equity sectors, with significant dividend distributions and growth in private fund sizes indicating a robust market environment [1][3][4] Group 2 - 17 listed securities firms have announced a total dividend distribution of 7.949 billion yuan, reflecting strong profitability and shareholder return awareness in the industry [1] - The appointment of Zhao Changtao as chairman of Huatai Futures may enhance the strategic layout of its futures business, with market attention on his ability to drive innovation and market share growth [2] - The number of private equity firms exceeding 10 billion yuan in assets has reached 101, with quantitative firms leading the way, indicating a shift in competitive dynamics within the private equity industry [3] - The Social Security Fund has disclosed holdings exceeding 15.5 billion yuan, focusing on leading companies while increasing investments in technology sectors, suggesting a strategic asset allocation approach [4]

Core Insights - The report from Huatai Securities indicates that the 2025 Double Eleven shopping festival has recently commenced, highlighting three key trends in the e-commerce sector [1] Group 1: Key Trends - The timeline for promotional events is continuously extending, with the start of activities being further advanced [1] - Flash sales are emerging as a new fulfillment method during e-commerce promotions, enhancing user fulfillment experience while also aiding brand merchants in improving offline sales [1] - The application of AI in e-commerce scenarios is accelerating, with both B2C and B2B advancements, becoming a crucial path for platforms to optimize user experience and enhance merchant operational efficiency [1]

Core Insights - The e-commerce platform's Double Eleven promotion for 2025 has recently commenced, highlighting three core trends in the industry [1] Group 1: Promotion Trends - The timeline for promotions is continuously extending, with the event's opening being further advanced [1] - Flash sales have emerged as a new fulfillment method during e-commerce promotions, enhancing user fulfillment experience while also aiding brand merchants in improving offline sales [1] - The application of AI in e-commerce scenarios is accelerating, with both B2C and B2B advancements, becoming a crucial path for platforms to optimize user experience and enhance merchant operational efficiency [1]

（文章来源：第一财经） 华泰证券指出，电商平台2025年双十一大促已于近期开启。总结来看，我们认为有三点核心趋势：1） 大促时间线持续拉长，活动开幕进一步提前；2）闪购成为电商大促新的履约方式，在提升用户履约体 验的同时亦为品牌商线下场域的动销改善提供帮助；3）AI在电商场景的落地应用进一步加快，2C与2B 齐头并进，成为平台优化用户体验、提升商户经营效率的重要路径。 ...