2024年年度股东会会议资料 股票代码：600909 二〇二五年四月 | 目录 | | --- | | 年年度股东会会议议程 1 2024 | | | --- | --- | | 2024年年度股东会会议须知 2 | | | 华安证券2024年年度报告 4 | | | 华安证券2024年度董事会工作报告 5 | | | 华安证券2024年度监事会工作报告 15 | | | 关于预计公司2025年度日常关联交易的议案 | 23 | | 关于预计公司2025年度自营业务规模的议案 | 32 | | 关于续聘会计师事务所的议案 33 | | | 华安证券2024年度利润分配的议案 34 | | | 华安证券独立董事2024年度述职报告 36 | | | 关于选举公司第四届董事会独立董事的议案 | 69 | | 关于公司董事2024年度薪酬及考核情况的报告 71 | | | 关于公司监事2024年度薪酬及考核情况的报告 73 | | | 关于公司高级管理人员2024年度考核及薪酬情况的报告 75 | | 2024 年年度股东会会议议程 会议时间：2025年5月6日下午14:30 会议地点：安徽省合肥市滨湖新区紫云路1 ...

华安证券股份有限公司 关于召开 2024 年年度股东大会的通知 证券代码：600909 证券简称：华安证券 公告编号：2025-032 召开地点：安徽省合肥市滨湖新区紫云路 1018 号华安证券 21 楼会议室 (五) 网络投票的系统、起止日期和投票时间 (一) 股东大会类型和届次 2024 年年度股东大会 (二) 股东大会召集人：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。 重要内容提示： (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 一、 召开会议的基本情况 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 5 月 6 日 14 点 30 分 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 5 月 6 日 至 2025 年 5 月 6 日 股东大会召开日期：2025年5月6日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召 ...

证券代码：600909 证券简称：华安证券 公告编号：2025-031 2025 年 4 月 15 日 3.审议通过了《关于对董事会授权经理层决策事项执行评估的议案》 表决结果：10 票同意，0 票反对，0 票弃权。 特此公告。 华安证券股份有限公司董事会 华安证券股份有限公司 第四届董事会第二十五次会议决议公告 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。 华安证券股份有限公司（以下简称"公司"）于 2025 年 4 月 9 日以电子邮件 方式发出第四届董事会第二十五次会议通知和文件。本次会议于 2025 年 4 月 11 日以书面审议、通讯表决方式召开。会议应参加董事 10 名，实际参加董事 10 名。本次会议的召集、召开和表决符合《公司法》和《公司章程》的有关规定， 本次会议审议通过了以下议案： 1.审议通过了《华安证券股份有限公司 2024 年度内控体系工作报告》 表决结果：10 票同意，0 票反对，0 票弃权。 2.审议通过了《华安证券股份有限公司关于对境外子公司增资的议案》 会议同意向华安证券（香港）金融控股有限 ...

Investment Rating - The industry investment rating is "Overweight" indicating a positive outlook for the non-banking financial sector relative to the broader market [6][36]. Core Insights - The report highlights that the recent adjustments in insurance capital investment regulations are expected to provide additional funding to the equity market, enhancing market confidence and creating investment opportunities [4][6]. - The performance of brokerage firms is anticipated to improve due to increased trading activity and favorable quarterly earnings forecasts, with significant profit growth reported by several major firms [6][10]. - The insurance sector is poised for growth as regulatory changes allow for higher equity investment limits, potentially injecting around 1 trillion yuan into the market [6][34]. Summary by Sections Market Review - The non-banking financial index fell by 5.2% last week, underperforming the CSI 300 index by 2.3 percentage points, with both brokerage and insurance indices showing declines of 5.4% and 4.7% respectively [6][10]. - Average daily trading volume in the stock market reached 19,722 billion yuan, a week-on-week increase of 41.9% [19]. Brokerage Insights - The report emphasizes the recovery of market confidence driven by long-term capital inflows and the proactive measures taken by major funds, including share buybacks and shareholder increases [6]. - Major brokerages reported substantial profit growth for Q1 2025, with East Wu Securities showing a year-on-year increase of 100%-120% [6][10]. Insurance Insights - Recent regulatory changes have raised the equity investment limits for insurance funds, potentially leading to an influx of approximately 1 trillion yuan into the equity market [6][34]. - The report notes that China Life Insurance expects a 30%-50% increase in net profit for Q1 2025, driven by improved liability structure and investment returns [6]. Investment Recommendations - For brokerages, the report suggests focusing on firms with strong capital positions and stable operations, particularly in the context of mergers and acquisitions [6]. - In the insurance sector, attention is drawn to large comprehensive insurance companies that possess competitive advantages under the new regulatory framework [6].

Group 1 - The core viewpoint of the articles highlights that 10 listed securities firms reported double-digit growth in net profits for Q1 2025, with some firms like Guotai Junan, Dongwu Securities, and Huazheng Securities experiencing over 100% year-on-year growth [1][2] - The significant growth in net profits is attributed to the increase in wealth management and proprietary trading businesses [1][2] - Guotai Junan is expected to achieve a net profit of between 112.01 billion yuan and 124.45 billion yuan for Q1 2025, representing a year-on-year increase of 350% to 400% [1] Group 2 - The number of new A-share accounts opened in Q1 2025 reached 7.47 million, marking a year-on-year growth of 31.7% [2] - The trading activity in the market remained high, contributing to a recovery in investment banking revenues, with firms reporting significant increases in wealth management, trading investments, and investment banking revenues [2] - Minsheng Securities anticipates that the positive trend in the performance of securities firms will continue into 2025 [2]

Core Viewpoint - Multiple listed securities firms achieved a strong start in Q1 2025, with all reporting double-digit profit growth, driven primarily by wealth management and proprietary trading businesses [2][7]. Group 1: Performance Overview - As of April 11, 2025, 10 listed securities firms have released their Q1 performance forecasts, all showing double-digit net profit growth, with three firms reporting over 100% year-on-year increases [2][3]. - Guotai Junan Securities is expected to report a net profit of between 11.201 billion to 12.445 billion yuan, representing a year-on-year increase of 350% to 400%, making it the top performer [3][4]. - CITIC Securities reported a net profit of 6.545 billion yuan, marking the smallest growth among the firms at 32% [6][4]. Group 2: Growth Drivers - The growth in net profits is attributed to significant increases in wealth management and proprietary trading revenues, with active market trading contributing to these results [7][8]. - In Q1, the number of new A-share accounts increased by 32% year-on-year, with daily average trading volume rising by 74.7% [7]. - The issuance of equity funds also saw a substantial increase, with 72 new funds established, reflecting a growth rate of 66.06% [7]. Group 3: Analyst Predictions - Analysts predict a wide range of growth rates for the securities firms, with estimates for net profit growth varying from 23% to 77.7% [2][12]. - High expectations for brokerage and credit business revenues are noted, with predictions of increases of 65.7% and 77.1% respectively [12][13]. - Analysts agree that the overall performance of the securities sector is likely to benefit from a recovering market and increased trading activity [13].

新浪期货 根据交易所数据，截至4月11日收盘主力合约中证1000指数期货2506,涨跌+1.33%,成交量19.29万手，持仓数据显示前20席 位呈现净空，差额头寸为17469手。 中证1000指数期货期货全合约总计成交31.76万手，比上一日减少5.17万手。全合约前20席位多头持仓25.22万手，比上一日减少 5860手。全合约前20席位空头持仓28.45万手，比上一日减少3571手。 根据合并数据显示，多头前三席位为国泰君安(代客)，总持仓53489、中信期货(代客)，总持仓47054、国投期货(代客)，总持仓 14393；空头前三席位为中信期货(代客)，总持仓72383、国泰君安(代客)，总持仓47518、海通期货(代客)，总持仓18984； 主力合约前20席位中，多头增仓前三名分别是：东海期货(代客)、持仓2427、增仓558，广发期货(代客)、持仓3977、增仓500，中 泰期货(代客)、持仓6726、增仓493；多头减仓前三名分别是：东证期货(代客)、持仓5839、减仓-820，浙商期货(代客)、持仓 2205、减仓-745，中信期货(代客)、持仓22204、减仓-708； 主力合约前20席位中 ...

Core Viewpoint - Huazhong Securities Co., Ltd. expects a significant increase in net profit for the first quarter of 2025, projecting a year-on-year growth of 80% to 100% [2][4]. Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders ranging from RMB 502 million to RMB 558 million for Q1 2025 [2][4]. - The expected net profit, excluding non-recurring gains and losses, is projected to be between RMB 499 million and RMB 554 million, also reflecting a year-on-year increase of 80% to 100% [2][4]. Group 2: Previous Year Comparison - For Q1 2024, the net profit attributable to shareholders was RMB 279 million, and the net profit excluding non-recurring items was RMB 277 million [9]. Group 3: Reasons for Performance Increase - The growth in performance is attributed to significant increases in securities investment, brokerage business, and investment banking activities, alongside a focus on wealth management transformation and risk control [6].

Core Viewpoint - The article highlights the increasing trend of share buybacks among Chinese securities firms, indicating strong confidence in the capital market's resilience and long-term growth potential supported by robust economic fundamentals [1][6][8]. Group 1: Share Buyback Plans - Guotai Junan Securities plans to repurchase A-shares with an estimated amount between 1 billion to 2 billion yuan, with a maximum price of 26.35 yuan per share, within a period not exceeding 3 months [2]. - Guotai Capital intends to repurchase A-shares for an amount between 200 million to 400 million yuan, with a maximum price of 8.90 yuan per share, within a period not exceeding 12 months [2]. - Zhongtai Securities and Caitong Securities have also announced share buyback proposals, with Zhongtai planning to repurchase shares for 300 million to 500 million yuan and Caitong for 150 million to 300 million yuan [3]. Group 2: Broader Market Context - Multiple securities firms, including Huatai Securities and China Galaxy Securities, have reported significant profit growth for Q1 2025, with Huatai expecting a net profit increase of 50% to 60% year-on-year [11][12]. - The overall securities sector showed strong performance on April 9, with the securities index rising by 2.02%, indicating positive market sentiment [1]. Group 3: Economic Resilience and Investment Opportunities - The article emphasizes that the strong economic resilience of China supports the development of the capital market, with continuous inflow of incremental funds enhancing market liquidity [6][7]. - Institutional investors are actively looking for opportunities in undervalued sectors, particularly those related to domestic demand and domestic substitution [8][10]. - The article notes that despite external pressures, China's economy has a robust self-repairing capability, which presents new investment opportunities in the capital market [7][8].

Core Viewpoint - Multiple Chinese securities firms, including China Galaxy and Huatai Securities, reported over 50% growth in net profit for the first quarter of 2025, driven by strong performance in wealth management, credit trading, and investment trading [2][12]. Group 1: Company Performance - China Galaxy expects a net profit of 2.773 billion to 3.1 billion yuan for Q1 2025, representing a year-on-year increase of 70% to 90% [3]. - Huatai Securities anticipates a net profit of 3.437 billion to 3.666 billion yuan for Q1 2025, reflecting a year-on-year growth of 50% to 60% [4]. - Huazhong Securities projects a net profit of 502 million to 558 million yuan for Q1 2025, with an increase of 80% to 100% year-on-year [6]. - CITIC Securities expects a net profit of approximately 6.545 billion yuan for Q1 2025, showing a year-on-year growth of about 32% [11]. - Guotai Haitong forecasts a net profit of 11.201 billion to 12.445 billion yuan for Q1 2025, indicating a significant increase of 350% to 400% year-on-year [11]. - Industrial Securities anticipates a net profit of 516 million yuan for Q1 2025, reflecting a year-on-year increase of 57.32% [11]. - Dongwu Securities expects a net profit of 912 million to 1.003 billion yuan for Q1 2025, with a growth of 100% to 120% year-on-year [11]. Group 2: Industry Outlook - Analysts express optimism regarding the securities industry, citing ongoing efforts by the China Securities Regulatory Commission to promote long-term capital inflows and enhance market activity [12]. - Predictions indicate that listed securities firms will see a 21% increase in operating revenue and a 23% increase in net profit year-on-year for Q1 2025 [12]. - The securities sector is viewed as a high-beta segment, with major firms likely to benefit from government support and market stabilization efforts [12][13].