国金证券股份有限公司 关于浙江亚光科技股份有限公司 差异化权益分派事项的核查意见 国金证券股份有限公司（以下简称"保荐机构"）作为浙江亚光科技股份有限 公司（以下简称"亚光股份"或"公司"）首次公开发行股票并上市及持续督导的保 荐机构，根据《中华人民共和国公司法》 《中华人民共和国证券法》 《证券发行上 市保荐业务管理办法》《上海证券交易所上市公司自律监管指引第 7 号——回购 股份》等法规的有关规定，对亚光股份 2024 年年度利润分配方案涉及的差异化 权益分派事项进行了核查，具体情况如下： 一、本次差异化权益分派的原因 公司于 2024 年 8 月 23 日召开第三届董事会第十五次会议，审议通过了《关 于以集中竞价交易方式回购股份方案的议案》。本次回购价格不超过人民币 23.00 元/股（含），回购资金总额不低于人民币 1,000 万元（含）且不超过人民币 2,000 万元（含），回购期限自董事会审议通过本次回购方案之日起 6 个月内。本次股 份回购方案已于 2025 年 1 月 10 日实施完毕，截至申请日，公司证券回购专用账 户的股份余额为 1,374,700 股，该部分股份不享有股东会表决权、利润分 ...

Group 1 - The supplementary agreement modifies the asset management contract for the Bull Group's special talent shareholding plan, allowing investments in securities issued by related parties [1][2] - The management company, Guojin Securities Asset Management Co., Ltd., is authorized to invest the assets of the single plan in securities or other financial products related to the management and custody parties [3][4] - The plan includes provisions for conflict of interest and related party transactions, ensuring that the investor's interests are prioritized [5][6] Group 2 - The single plan has a duration starting from its establishment date, with specific terms regarding the management of related party transactions [2][3] - The management company must disclose any related party transactions to investors and custodians in a timely manner [7][8] - The administrative service provider for the plan is Guojin Daofu Investment Service Co., Ltd., which is a related entity and may present potential conflicts of interest [9][10]

Core Viewpoint - The maturity of robotic "brains" is increasing, leading to a critical period for the industrialization of embodied intelligence, particularly in vertical fields such as clothing, healthcare, and logistics [1] Group 1: Technological Advancements - The development of robotic "brains" includes real-time interaction, multimodal perception, autonomous decision-making, and control capabilities, transitioning from basic models to more advanced multimodal models [1] - Recent advancements in target detection, 3D language mapping, object representation, strategy learning, and task planning have significantly enhanced robots' perception, decision-making, and control abilities [1][2] Group 2: Industry Challenges and Solutions - Current general-purpose robots face challenges such as limited real machine data, long inference times, and high motion control difficulties, which can be addressed by focusing on specific vertical scenarios [2] - Collaboration among supply chains, robot companies, users, and government entities is essential to overcome data limitations and accelerate the "data flywheel" effect [2] Group 3: Potential Application Scenarios - Industries with low penetration of industrial robots, such as plastics, food processing, and home appliances, present significant future application opportunities due to their need for flexible automation [3] - The labor-intensive clothing industry faces automation challenges, but advancements in models and sensors for fabric handling are promising, with companies like Jack Sewing Machine Co. leading the development of clothing robots [3][4] - The healthcare sector is seen as an optimal transition for home applications of embodied intelligence robots, addressing labor shortages and benefiting from policy support for trials in homes and communities [4] - The logistics industry, having achieved high automation in warehousing and sorting, still relies heavily on manual labor for certain tasks, presenting opportunities for embodied intelligence robots to fill gaps and integrate into existing systems [4]

公开资料显示，两人涉及的项目为想念食品股份有限公司的首发项目。事实上，早在今年3月份，上交 所就对两人进行了纪律处分。 彼时，上交所认为，程超、宋乐真在想念食品发行上市申请过程中，存在保荐职责履行不到位的情形： 一是对存在特殊关系的经销商核查不审慎，未发现部分供应商和经销商资金往来、返利计提异常等情 况；二是函证、走访、调查问卷、复核外部专家意见、穿行测试等程序执行存在缺陷；三是未充分了解 发行人的业务控制，未准确识别重要内部控制节点并核查执行情况。 2024年9月，中证协修订了保荐业务规则，完善保荐代表人负面评价公示机制。修订后的《保荐业务规 则》对A类名单做进一步完善，增加撤否信息；并在A、B、C三类名单基础上新增一项保荐代表人分类 名单D（暂停业务类）。 日前，中国证券业协会（以下简称"中证协"）在官网更新了一批保荐代表人D类（暂停业务类）名单， 涉及2名保荐代表人。 中证协更新保代D类名单 两名国金证券保代上榜 保荐代表人分类名单D的依据为：最近三年内受过证监会行政处罚的，以及被证监会采取认定为不适当 人选、被行业自律组织采取认定不适合从事相关业务或暂不接受签字的文件或暂不受理出具的相关业务 文件等纪 ...

上交所指出，两位保荐人未能对发行人与经销商特殊关系予以审慎核查，核查程序执行存在缺陷，未能 识别重要内部控制节点并核查执行情况，导致发行人相关信息披露不准确，履行保荐职责不到位。 上交所点名国金证券：保代存核查不审慎等多个问题 据了解，今年3月，上交所对国金证券及程超、宋乐真两位保荐人予以纪律处分。上交所指出，国金证 券两位保荐人在想念食品首次公开发行股票并在主板上市的申请过程中，存在保荐职责履行不到位的情 形。 一是对存在特殊关系的经销商核查不审慎，未发现部分供应商和经销商资金往来、返利计提异常等情 况；二是函证、走访、调查问卷、复核外部专家意见、穿行测试等程序执行存在缺陷；三是未充分了解 发行人的业务控制，未准确识别重要内部控制节点并核查执行情况。 因在想念食品股份有限公司(以下简称"想念食品")首发中存在保荐职责履行不到位的情形，国金证券及 其两位保荐人被上交所点名。 6月16日，新京报贝壳财经记者在中证协官网看到，保荐代表人D类名单更新至17人，相比上月增加了 两位国金证券的保荐人。 近年来，证监会持续压严压实中介机构"看门人"责任。 2020年12月，中证协建立了保荐代表人分类名单，包括A(综合执业 ...

国金证券股份有限公司（以下简称"本公司"）于2024年6月13日 发行了2024年度第一期短期融资券，发行金额为人民币10亿元，票面 利率为2.10%，发行期限为365天，兑付日为2025年6月13日。详见公司 于2024年6月14日在上海证券交易所网站（www.sse.com.cn）披露的《 关于2024年度第一期短期融资券发行结果公告》以及2025年6月6日登 载于中国货币网（www.chinamoney.com.cn）、上海清算所网站（www.shc learing.com）的《国金证券股份有限公司2024年度第一期短期融资券 兑付公告》。 2025年6月13日，本公司兑付了该期短期融资券本息共计人民币 1,021,000,000.00元。 特此公告。 国金证券股份有限公司 董事会 证券代码：600109 证券简称：国金证券 公告编号：临2025－52 国金证券股份有限公司 关于2024年度第一期短期融资券兑付完成的公告 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个别及连带责任。 二〇二五年六月十六日 ...

证券代码：600109 证券简称：国金证券 公告编号：临2025－51 国金证券股份有限公司 国金证券股份有限公司2025年度第四期短期融资券已于2025年6月 13日发行完毕，相关发行情况如下： 关于2025年度第四期短期融资券发行结果公告 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个别及连带责任。 2、上海清算所网站，http://www.shclearing.com。 特此公告。 国金证券股份有限公司 董事会 二〇二五年六月十六日 | 债券名称 | | | 国金证券股份有限公司 | 2025 年度 第四期短期融资券 | | --- | --- | --- | --- | --- | | 债券简称 25 | 国金证券 | CP004 | 债券流通代码 | 072510106 | | 发行日 | 2025 年 6 | 月 12 日 | 起息日 | 2025 年 6 月 13 日 | | 兑付日 | 2026 年 4 | 月 9 日 | 期限 | 300 天 | | 计划发行总额 10 | 亿元人民币 | | 实际发行总额 | 10 ...

国金证券股份有限公司 关于上海润达医疗科技股份有限公司 使用闲置募集资金暂时补充流动资金的核查意见 国金证券股份有限公司（以下简称"本保荐机构"）作为上海润达医疗科技股 份有限公司（以下简称"润达医疗"、"公司"）公开发行可转换公司债券的保荐机 构，根据《证券发行上市保荐业务管理办法》、 《上海证券交易所上市公司自律监 管指引第 12 号——可转换公司债券》等相关规定，对润达医疗不提前赎回"润达 转债"事项进行了认真、审慎的核查。核查的具体情况如下： 一、募集资金基本情况 公司《公开发行可转换公司债券募集说明书》披露的募集资金项目以及截至 拟使用募集资金金额 已累计投资金额 序号 项目 | | | 经中国证券监督管理委员会《关于核准上海润达医疗科技股份有限公司公开 发行可转换公司债券的批复》（证监许可【2020】586 号）核准，同意润达医疗 向社会公开发行面值总额 55,000.00 万元可转换公司债券，期限 6 年，共计募集 资金 550,000,000.00 元，扣除承销费用 9,900,000.00 元（不含增值税）后实际收 到的金额为 540,100,000.00 元，上述款项已由主承销商国金证券股 ...

Group 1 - The central financial work conference emphasizes the importance of technology finance as a key element in promoting high-quality financial development and outlines five major areas of focus, including technology finance, green finance, inclusive finance, pension finance, and digital finance [1][2]. - Guojin Securities is actively implementing actions to align with the "five major articles," focusing on integrating AI with wealth management and services, and aims to create an "AI-friendly organization" to enhance its commitment to technological innovation [1][4]. - The company has developed a comprehensive service model that includes investment diagnosis, strategy generation, trading signal tracking, and post-investment support, utilizing over 300 quantitative strategies and dynamic risk control mechanisms [2][3]. Group 2 - Guojin Securities is committed to digital transformation in wealth management, aiming to provide more convenient services, smarter trading, and comprehensive investment education to enhance customer experience and service efficiency [2][4]. - The company is leveraging AI technology to improve its investment advisory services, enhancing customer engagement and satisfaction through personalized asset allocation solutions [3][4]. - Guojin Securities is pioneering the construction of an AI research and investment system, achieving breakthroughs in data processing efficiency and alternative factor exploration, thereby creating a path for intelligent transformation in the industry [4][5].

Core Viewpoint - Despite the easing of tariffs between China and the U.S., the average tariff rate on Chinese goods remains high at around 42%, with significant portions of goods facing rates as high as 57% [2][3] Tariff Analysis - The average tariff rate on U.S. imports from China is approximately 42%, with 40% of goods facing a rate of about 39.5% and 32% facing around 57% [2] - The breakdown of tariffs includes: - Base tariff + Fentanyl tariff + Equalization tariff: 36,011,281 (7.78%) - Base tariff + Fentanyl tariff + Equalization tariff + 301 List (1-3): 146,373,663 (31.64%) - Base tariff + Fentanyl tariff + Equalization tariff + 301 List (4): 187,165,284 (40.46%) - Other categories account for 123,359,456 (26.66%) [3] Trade Dynamics - Following the tariff easing in May, there has been a recovery in direct trade between China and the U.S., with indices for the CCFI West and East routes increasing by 21% and 23% respectively [4] - However, the number of container ships from China to the U.S. showed weak performance in late May, indicating a time lag in the recovery process [4] Import Trends - The U.S. has been "rushing imports" since November last year, with approximately $220 billion worth of goods imported from November 2024 to March 2025, equivalent to one month’s import volume prior to this period [7] - As inventory levels rise and shipping costs increase, U.S. import demand has started to decline, with the growth rate of goods imports dropping from 31.1% in March to 2.2% in April [7] Export Orders - The PMI export order index for China in May and the number of container ships heading to the U.S. in early June suggest that the momentum for "rushing exports 2.0" may be starting to wane [7]