| 证券代码：600061 | 证券简称：国投资本 | 公告编号：2026-017 | | --- | --- | --- | | 转债代码：110073 | 转债简称：国投转债 | | 国投资本股份有限公司 关于"国投转债"预计触发转股价格 向下修正条件的提示性公告 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： 一、可转换公司债券发行上市情况 经中国证券监督管理委员会《关于核准国投资本股份有限公司公开发行可转换公司 债券的批复》（证监许可[2020]1070 号）核准，公司于 2020 年 7 月 24 日公开发行了 8,000 万张可转换公司债券，每张面值 100 元，发行总额 80 亿元，期限为发行之日起 6 年。 1 股票代码：600061，股票简称：国投资本 转债代码：110073，转债简称：国投转债 转股价格：9.42 元/股 转股时间：2021 年 2 月 1 日至 2026 年 7 月 23 日 2026 年 3 月 13 日至 2026 年 3 月 26 日，国投资本股份有限公司（以下简称" ...

业 及 产 业 非银金融 行 业 研 究 / 行 业 点 相关研究 《资金面因素逐步出清，看好非银板块投 资价值——非银金融行业周报 （2026/1/26-2026/1/30）》 2026/02/01 《高弹性标签助力板块"破圈"，看好资负 两端改善趋势——2026 年保险行业策略 报告》 2025/11/18 《证券行业 2026 年投资策略：权益浪潮 下的券商机遇：财富扩容，国际增效》 2025/11/17 证券分析师 罗钻辉 A0230523090004 luozh@swsresearch.com 孙冀齐 A0230523110001 sunjq@swsresearch.com 金黎丹 A0230525060004 jinld@swsresearch.com 联系人 罗钻辉 A0230523090004 luozh@swsresearch.com 2026 年 03 月 22 日 预计偿付能力规则调整预期对当前 险资配置影响有限，关注券商业绩 与估值修复齐头并进 看好 ——非银金融行业周报（2026/3/16-2026/3/20） 本期投资提示： 证 券 研 究 报 告 请务必仔细阅读正文之后的各项信息 ...

晨会纪要（R3） 晨会纪要 2026 年 03 月 20 日 | 市场数据 | | | | --- | --- | --- | | 指数名称 | 收盘 | 涨跌% | | 上证指数 | 4006.55 | -1.39 | | 深证成指 | 13901.57 | -2.02 | | 创业板指 | 3309.10 | -1.11 | | 科创 50 | 1339.03 | -2.44 | | 北证 50 | 1329.56 | -3.33 | | 沪深 300 | 4583.25 | -1.61 | 上证指数-沪深 300 走势图 -10% 0% 10% 20% 30% 2025-03 2025-06 2025-09 2025-12 上证指数 沪深300 | 黄红卫 | 分析师 | | --- | --- | | 执业证书编号:S0530519010001 | | | huanghongwei@hnchasing.com | | | 管诗睿 | 研究助理 | | guanshirui@hnchasing.com | | 一、财信研究观点 【市场策略】海外扰动有所加剧，大盘迎来明显调整 【基金研究】基金数据日跟踪 ...

证券代码：600061 证券简称：国投资本 公告编号：2026-016 国投资本股份有限公司 关于股份回购实施结果暨股份变动的公告 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： | 回购方案首次披露日 | 2025/4/10 | | | | | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 4 月 9 4 月 8 | 日~2026 | 年 | 日 | | 预计回购金额 | 20,000万元~40,000万元 | | | | | 回购价格上限 | 8.77元/股（调整后） | | | | | 回购用途 | □减少注册资本 □用于员工持股计划或股权激励 | | | | | | √用于转换公司可转债 | | | | | | □为维护公司价值及股东权益 | | | | | 实际回购股数 | 2,673.27万股 | | | | | 实际回购股数占总股本比例 | 0.42% | | | | | 实际回购金额 | 20,000.06万元 | | | | | 实际回购价 ...

证券代码：600061 证券简称：国投资本 公告编号：2026-015 国投资本股份有限公司 九届三十六次董事会决议公告 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。 一、董事会会议召开情况 国投资本股份有限公司九届三十六次董事会于 2026 年 3 月 6 日以通讯方式召开。会议通知和材料已于 2026 年 2 月 28 日通过 电子邮件方式发出。会议应出席董事 8 人，实际出席董事 8 人。 董事长崔宏琴女士主持本次会议，公司高级管理人员列席会议。 会议的召开符合《公司法》及《公司章程》的规定。 1.《国投资本股份有限公司关于调整董事会专门委员会成员 的议案》 同意增补岳红女士为公司第九届董事会审计与风险管理委员 会委员、增补谢小兵先生为第九届董事会战略与 ESG 委员会委员。 表决结果：同意 8 票，反对 0 票，弃权 0 票。 特此公告。 1 国投资本股份有限公司董事会 2026 年 3 月 7 日 2 二、董事会会议审议情况 会议审议并通过了以下议案： ...

证券代码：600061 证券简称：国投资本 公告编号：2026-014 国投资本股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | 2025/4/10 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 4 月 4 月 8 | 9 | 日~2026 | 年 | 日 | | 预计回购金额 | 20,000万元~40,000万元 | | | | | | 回购用途 | □减少注册资本 □用于员工持股计划或股权激励 √用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 15,570,160股 | | | | | | 累计已回购股数占总股本比例 | 0.2435% | | | | | | 累计已回购金额 | 118,736,756.40元 | | | | | | 实际回购价格区间 | 7. ...

Meeting Overview - The shareholders' meeting was held on February 27, 2026, at the Guotou Financial Building in Beijing [1] - The meeting was chaired by the company's chairman, Ms. Cui Hongqin, and utilized a combination of on-site and online voting methods [1] Attendance and Voting - All 7 current directors attended the meeting, along with the board secretary and some senior executives [1] - The voting process complied with the Company Law and the company's articles of association [1] Resolutions Passed - The following non-cumulative voting proposals were approved: - Proposal for the company to meet the conditions for public issuance of corporate bonds to professional investors [2] - Proposal regarding the issuance scale, method, and face value of the bonds [2] - Proposal on the issuance targets [2] - Proposal on the bond term [2] - Proposal on the face value and issuance price [2] - Proposal on the bond interest rate and payment method [2] - Proposal on redemption or repurchase clauses [2] - Proposal on the use of raised funds [2] - Proposal on listing arrangements [2] - Proposal on guarantee arrangements [2] - Proposal on underwriting methods [3] - Proposal on the validity period of the resolutions [3] - Proposal on issuance authorization matters [3] Legal Verification - The meeting was witnessed by Beijing Tianda Gonghe Law Firm, with lawyers Xing Dongmei and Guo Da confirming that the meeting's procedures and voting results were in compliance with relevant laws and the company's articles of association [3]

Meeting Overview - The first extraordinary general meeting of shareholders was held on February 27, 2026, at the Guotou Financial Building in Beijing [2] - The meeting was convened by the board of directors and chaired by Chairwoman Cui Hongqin, utilizing a combination of on-site and online voting methods [2][3] Attendance and Voting - All 7 current directors and the board secretary attended the meeting, along with some senior executives [3] - There were no rejected resolutions during the meeting [2] Resolutions Passed - The meeting approved several resolutions related to the issuance of corporate bonds aimed at professional investors, including: - Compliance with conditions for public issuance of corporate bonds [4] - Issuance scale, method, and face value [4] - Target investors [5] - Bond term [5] - Face value and issuance price [5] - Bond interest rate and payment method [5] - Redemption or repurchase terms [5] - Use of raised funds [5] - Listing arrangements [5] - Guarantee arrangements [6] - Underwriting methods [6] - Validity period of the resolutions [6] - Issuance authorization matters [6] Legal Verification - The meeting was witnessed by Beijing Tianda Gonghe Law Firm, with lawyers Xing Dongmei and Guo Da confirming the legality and validity of the meeting procedures and voting results [7]

Core Viewpoint - The valuation controversy surrounding the Guotou Silver LOF fund is nearing resolution with a compensation plan announced by Guotou Ruijin, which aims to address investor grievances following significant losses due to valuation adjustments [2][3]. Summary by Sections Fund Launch and Investor Response - On February 26, the "Guotou Ruijin Silver Fund" mini-program was launched on Alipay, attracting thousands of investors seeking compensation [3]. - The fund experienced a rare incident of a 31.5% drop in a single day due to extreme fluctuations in international silver prices, leading to widespread investor complaints and claims for compensation [3][4]. Valuation Adjustment and Impact - Guotou Ruijin decided to adjust the net asset value based on international spot prices rather than domestic futures, resulting in a significant increase in the fund's reported losses from 14% to 31.5% [4]. - The timing of the announcement, made at 10 PM, left many investors who had already sold their shares unaware of the impending larger losses, leading to frustration and complaints [4][5]. Compensation Plan Details - The compensation plan includes full reimbursement for individual investors with losses under 1,000 yuan, which constitutes over 90% of those who redeemed their investments on that day [7]. - For losses exceeding 1,000 yuan, a tiered compensation approach will be applied, starting with a base amount of 1,000 yuan plus a percentage of the excess loss [7]. Funding and Financial Impact - The compensation funds will come from Guotou Ruijin's own assets, specifically from risk reserves and company funds, ensuring that the fund's asset independence and the interests of fund holders are not affected [8]. - The parent company, Guotou Capital, has indicated that the compensation plan will have a minor negative impact on its net profit for 2026, estimated to be less than 5% of the audited net profit for 2024 [8]. Investor Sentiment and Controversy - Investor reactions to the compensation plan are mixed, with many small investors expressing acceptance of the full compensation for losses under 1,000 yuan, while larger investors with losses over 10,000 yuan feel the tiered compensation is unfair [9]. - Complaints regarding "discriminatory compensation" have surged, with over 18,000 complaints related to the valuation adjustment and more than 2,700 specifically about the compensation scheme [14].

北京天达共和律师事务所 关于国投资本股份有限公司 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责的精神，对与 出具本法律意见书有关的资料和事实进行了核查和验证，现发表法律意见如下： 2026 年第一次临时股东会的法律意见书 致：国投资本股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东 会规则》等有关法律法规、证券交易所规则（以下统称"有关法律"）以及《国投 资本股份有限公司章程》（以下简称"《公司章程》"）的规定，北京天达共和律 师事务所（以下简称"本所"）作为国投资本股份有限公司（以下简称"公司"）的 法律顾问，应公司的要求，指派本所两位律师（以下简称"本所律师"）出席公司 2026 年第一次临时股东会（以下简称"本次股东会"或"本次会议"），对本次股东 会召开的合法性进行见证，并依法出具法律意见书。 在本法律意见书中，本所律师仅对本次股东会召集和召开的程序、出席及列 席本次股东会的人员和召集人的资格、表决程序是否符合有关法律和《公司章程》 的规定以及本次股东会审议议案的表决结果是否有效发表意见，并不对本次股东 会所审议的议案内容以及这些议案所表述的事实或数据的真实性 ...