炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 证券代码：600906 证券简称：财达证券 公告编号：2025-031 2025年9月10日 财达证券股份有限公司 为进一步加强与投资者的互动交流，财达证券股份有限公司（以下简称"公司"）将参加由河北省上市公司协会、河北资本市场之家与深圳市全景网络有限公司联合举办的"2025年河北辖区上市公 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演APP,参与本次互动交流，活动时间为2025年 届时公司董事长、总经理张明先生，董事、副总经理、财务负责人唐建君女士，独立董事韩永强先生、王慧霞女士，董事会秘书张磊先生，将在线就公司业绩、公司治理、发展战略、经营状况和 特此公告。 财达证券股份有限公司董事会 关于参加2025年河北辖区上市公司投资者 网上集体接待日暨2025年半年报业绩说明会的公告 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。 ...

（文章来源：证券日报） 证券日报网讯 9月9日晚间，财达证券发布公告称，公司将参加"2025年河北辖区上市公司投资者网上集 体接待日暨2025年半年报业绩说明会活动"。本次活动将于2025年9月15日举行。 ...

财达证券（600906）董事总经理姚辑表示，近年来，临沂市以机械、食品、医药等传统产业为优势实现 了地区生产总值快速增长，第三产业快速发展，经济总量位列山东省第五。本期债券的成功发行体现了 资本市场对临沂市区域经济发展和临沂投发综合实力的支持和认可，进一步提升了临沂投发在资本市场 的形象。2025年以来，信用债发行规模和净融资额同比均呈下行趋势，其中城投债发行政策仍处于严监 管态势之下，发行规模持续收缩，仍以借新还旧为主，成本继续下行，发行期限延续拉长。二级市场方 面，信用债收益率先下行再窄幅震荡；6月份以来市场重归平稳，利差表现分化，短端信用利差小幅收 紧，中长端明显走扩。财达证券高度重视本次发行工作，与临沂投发密切配合，积极沟通银行、证券、 资管公司等各类型市场投资者。未来，财达证券将持续发挥金融机构专业优势，深度服务客户，帮助客 户平稳有效地实现债务置换和成本压降。 本报讯(记者张晓玉)9月8日，临沂投资发展集团有限公司(以下简称"临沂投发")成功发行2025年面向专 业投资者非公开发行可续期公司债券(第一期)，本期债券为临沂投发首次发行可续期公司债券品种，发 行规模为5亿元，发行期限3+N年，设有发行 ...

【文/羽扇观金工作室】 9月5日，海南证监局公布对财达证券海南分公司前负责人敖义的行政处罚决定书。这位已退休的券商老总因私下接受客户委托买卖证券，被给予警告并 处以15万元罚款。 调查显示，敖义在任职期间操作客户账户总成交金额高达3.29亿元，最终导致亏损271.66万元。尽管他已于2025年2月退休，但仍未逃脱监管的处罚。 持续近五年的违规操作 从案件本身来讲，敖义的违规行为时间跨度长、涉及金额大，具有典型的代表性。公开信息显示，他出生于1965年1月，2018年4月入职财达证券海南分 公司，2018年5月22日登记为证券从业人员。 | | | | 首页 | | 证监局介绍 | 辖区监管动态 | 政务信息 | 办事服务 | 辖区数据 | | 互动交流 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | ♀ 当前位置： 首页 > 政务信息 > 主动公开目录 > 证监局主题分类 > 行政执法 | | | | | | | | 察 引 号 | | bm56000001/2025-00010493 | | | | ਜੋ 类 | 行政执法;行政 ...

为进一步加强与投资者的互动交流，财达证券股份有限公司（以下简称"公 司"）将参加由河北省上市公司协会、河北资本市场之家与深圳市全景网络有限 公司联合举办的"2025 年河北辖区上市公司投资者网上集体接待日暨 2025 年半 年报业绩说明会活动"，现将相关事项公告如下： 财达证券股份有限公司 关于参加 2025 年河北辖区上市公司投资者 网上集体接待日暨 2025 年半年报业绩说明会的公告 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。 证券代码：600906 证券简称：财达证券 公告编号：2025-031 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 9 月 15 日（周一）15:00-17:00。 届时公司董事长、总经理张明先生，董事、副总经理、财务负责人唐建君女 士，独立董事韩永强先生、王慧霞女士，董事会秘书张磊先生，将在线就公司业 绩、公司治理、发展战略、经营状况和可 ...

中国经济网北京9月9日讯海南证监局8月29日发布行政处罚决定书(敖义)。经查明，敖义存在以下违法 事实： 一、敖义任职情况 敖义于2018年4月入职财达证券（600906）股份有限公司海南分公司(以下简称财达证券海南分公司)， 2018年5月22日登记为财达证券股份有限公司证券从业人员，2025年2月在财达证券海南分公司退休，涉 案期间系证券公司从业人员。 二、敖义私下接受客户委托买卖证券 《证券法》第二百一十条规定：证券公司的从业人员违反本法第一百三十六条的规定，私下接受客户委 托买卖证券的，责令改正，给予警告，没收违法所得，并处以违法所得一倍以上十倍以下的罚款；没有 违法所得的，处以五十万元以下的罚款。 以下为原文： 中国证券监督管理委员会海南监管局行政处罚决定书(敖义) 当事人：敖义，男，1965年1月出生，住址：海南省海口市龙华区。 依据《中华人民共和国证券法》(以下简称《证券法》)的有关规定，我局对敖义私下接受客户委托买卖 证券行为进行了立案调查，并依法向当事人告知了作出行政处罚的事实、理由、依据及当事人依法享有 的权利。当事人敖义进行了陈述和申辩，但未要求听证。本案现已调查、办理终结。 经查明，敖 ...

Core Viewpoint - Multiple regulatory measures have been disclosed by the securities regulatory authorities in Hainan, Anhui, and Dalian, targeting violations related to "improper client solicitation" and "improper client services" by several securities firms [2][8]. Group 1: Regulatory Actions - Hainan Securities Regulatory Bureau issued a penalty against Aoy Yi, a former employee of Caida Securities' Hainan branch, for privately accepting client commissions for trading, resulting in a warning and a fine of 150,000 yuan [3][5]. - Aoy Yi engaged in unauthorized trading activities from December 2019 to May 2024, with total trading amounts reaching approximately 329 million yuan and a total loss of about 2.72 million yuan [6]. - Anhui Securities Regulatory Bureau issued penalties to Zhongshan Securities' Hefei branch and its manager, Huang Li, for improper solicitation activities and inadequate management of employees, requiring a written rectification report by September 1, 2025 [7]. Group 2: Violations and Trends - Zhongshan Securities' Hefei branch was found to have violated regulations by outsourcing client solicitation activities, while Southwest Securities' Dalian branch was penalized for improper solicitation through bank personnel [8]. - The frequency of "improper client solicitation" violations has been a focus of regulatory scrutiny, with recent incidents involving multiple securities firms, indicating a persistent issue despite regulatory pressure [8][9]. - The revised "Securities Company Classification Evaluation Regulations" emphasize risk management and compliance, with penalties for firms that violate regulations impacting their evaluation scores [9].

Core Viewpoint - The regulatory body maintains a "zero tolerance" policy towards securities practitioners accepting client commissions for trading, emphasizing compliance in the securities industry [1][4]. Group 1: Case Summary - A former manager of Caida Securities Hainan Branch, Ao Yi, was fined 150,000 yuan for privately accepting client commissions for trading, with total trading amounts reaching 329 million yuan and losses of approximately 2.72 million yuan [1][2][3]. - Ao Yi's violations occurred in two phases: from December 2019 to July 2020, he traded approximately 59.70 million yuan with a profit of about 15,600 yuan, followed by a significant loss phase from March 2020 to May 2024, trading around 269 million yuan with losses of approximately 2.73 million yuan [2][3]. Group 2: Regulatory Actions - Since the beginning of 2025, regulatory authorities have disclosed 11 cases of securities practitioners being penalized for privately accepting client commissions, involving well-known firms such as Huazheng Securities, Guoxin Securities, and CITIC Securities [1][4]. - In July 2025, the Henan Securities Regulatory Bureau announced two cases of violations, including one involving Wang Hui, who traded 1.97 million yuan without obtaining any profit share or remuneration [4][5].

Core Viewpoint - The regulatory body has imposed penalties on a former executive of Caida Securities for unauthorized client account operations, highlighting ongoing issues of compliance within the securities industry [1][3]. Group 1: Case Details - The former head of Caida Securities' Hainan branch, Ao Yi, engaged in unauthorized trading activities, with a total transaction amount of approximately 3.29 billion yuan and a total loss of about 2.72 million yuan [1][3]. - Ao Yi's violations occurred in two phases: the first from December 2019 to July 2020, involving a regular account with a transaction amount of about 59.70 million yuan and a profit of approximately 15,600 yuan; the second phase from March 2020 to May 2024, involving a credit account with a transaction amount of about 2.69 billion yuan and a loss of approximately 2.73 million yuan [3]. Group 2: Regulatory Actions - The Hainan Securities Regulatory Bureau issued a warning and a fine of 150,000 yuan to Ao Yi based on the nature and severity of his violations, as per Article 210 of the Securities Law [3]. - The regulatory environment is tightening, with multiple securities firms facing penalties for similar unauthorized trading practices by their employees, indicating a broader crackdown on such activities [4][6]. Group 3: Industry Context - The issue of unauthorized client trading is prevalent in the securities industry, with regulatory bodies actively working to purify the market environment [4]. - Industry insiders suggest that the persistence of these violations may stem from a lack of compliance awareness among frontline employees, who may engage in such practices to maintain client relationships or enhance their income [6].

Core Views - The public fund industry is experiencing a significant wave of leadership changes, with many high-level executives resigning or retiring, indicating a structural transformation within the industry [1][19]. Group 1: Leadership Changes - A notable "leadership change wave" has swept through major public fund companies, including招商, 工银瑞信, 华安, and others, with over 260 executive changes reported in 2023 alone [1][19]. - The year 2024 is projected to see a continuation of this trend, with a record number of executive departures [1][2]. - Key figures such as潘福祥 from 诺德基金 and叶文煌 from 兴业基金 are retiring, marking a generational transition in leadership [2][11][16]. Group 2: Structural Characteristics - The current wave of changes exhibits three structural characteristics: the retirement of veteran executives, increased strategic adjustments by shareholders, and the influx of cross-industry talent [2]. - New leadership faces challenges such as shrinking fund sizes, talent loss, and weaknesses in equity business among bank-affiliated public funds [2]. Group 3: Company-Specific Developments - 光大保德信基金 appointed高瑞东 as the new general manager, who has a strong research background, indicating a shift towards a "research-driven investment" approach [4][6]. - 兴银基金 has appointed黄德良 as chairman, who has extensive experience in the financial sector, suggesting a strategic alignment with its parent company [8][9]. - 诺德基金's new chairman郑成武 reflects the increasing involvement of shareholders in governance, as he comes from the company's shareholder background [12][13]. Group 4: Performance Metrics - 光大保德信基金 manages 72 open-end funds with a total asset size of 956 billion yuan, with a strong focus on fixed-income products [6]. - 兴银基金's total management scale is 1,099 billion yuan, with a significant portion in bond funds, although it has seen a decline from over 1,200 billion yuan at the end of 2023 [9][10]. - 诺德基金 has experienced a contraction in its asset management scale, dropping to 346 billion yuan, down from a peak of around 500 billion yuan in 2024 [14][13].