1、中国货币网，http://www.chinamoney.com.cn； 2、上海清算所网站，http://www.shclearing.com.cn。 特此公告。 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。 中泰证券股份有限公司 2025 年度第一期短期融资券已于 2025 年 1 月 8 日 发行完毕，现将发行结果公告如下： | 名称 | | | | 中泰证券股份有限公司 | 2025 | 年度第一期短期融资券 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 简称 | | | | 25 | 中泰证券 CP001 | | | | | | | 代码 | 072510001 | | | | 期限 | | 161 | 天 | | | | 起息日 | 2025 年 1 | | 月 9 | 日 | 兑付日 | 2025 | 年 | 6 月 | 19 | 日 | | 计划发行 总额 | 20 亿元 | | | | 实际发 ...

AI and Computing Power - AI entering the inference phase is expected to drive a new round of growth in computing power demand by 2025 [1] - The AI inference era will reshape the data center industry chain, with high-performance computing networks driving network technology iterations [1] - New solutions such as ultra-Ethernet, CPO, silicon photonics, copper connections, and AEC will be introduced [1] - AI cluster computing power and power consumption trends will increase structural demand for liquid cooling, high-end power supplies, and AIDC [1] - Opportunities in sub-industry chains such as switches, liquid cooling, optical interconnects, copper links, power supplies, AIDC, and AIOT are promising [1] Satellite and Communication Industry - Low-orbit satellite internet has achieved a 0-1 stage breakthrough, and the application of Beidou-3 has begun, accelerating the development of the satellite industry [1] - The space information industry, combining communication and navigation, brings incremental opportunities [1] - In the medium to long term, the value of C-end applications is expected to be released, promoting the continuous development of the industry [1] Operator and Infrastructure Opportunities - The value of operator dividends is emphasized, with opportunities driven by offshore wind and DCI pulling the optical cable industry upward [1]

Group 1 - The core viewpoint is that China's chemical industry is entering a new cycle driven by policies focused on energy conservation, carbon reduction, ecological protection, and dual control of energy consumption [1] - The basic chemical industry has experienced negative capital expenditure for four consecutive quarters, with an increasing rate of decline, leading to a differentiation in supply among sub-industries [2] - China's global position in the chemical sector has significantly improved due to overseas companies shutting down production capacity and initiating mergers and acquisitions due to high energy costs and labor management expenses over the past two to three years [3] Group 2 - The production of spandex, polyester filament, and organic silicon is nearing completion, and attention should be paid to the price elasticity resulting from the optimization of the market structure [4] - From a resource perspective, industries such as phosphate rock, titanium ore, and potash fertilizer have strong safety margins and dividend yields [5] - Individual stocks to focus on include Wanhua Chemical, Hualu Hengsheng, and Juhua Co., Ltd. [6] Group 3 - The current basic chemical industry is at a dual bottom in terms of profitability and valuation [7] - There is an emphasis on seizing opportunities for domestic chemical companies amid changes in the overseas landscape, driven by supply-side reform [8] - It is recommended to focus on industries with relatively high operating rates and limited expansion in recent years under the supply-side reform context [9] Group 4 - The fluorochemical and industrial silicon sectors, which have already undergone changes or may potentially change, are also worthy of close attention [10] - High-concentration sub-industries such as vitamins, methionine, and sucralose should be prioritized [11]

一、审议通过了《关于修订〈公司总经理工作细则〉的议案》。 表决结果：同意 11 票，反对 0 票，弃权 0 票。 证券代码：600918 证券简称：中泰证券 公告编号：2024-066 中泰证券股份有限公司 第三届董事会第八次会议决议公告 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。 中泰证券股份有限公司（以下简称"公司"）第三届董事会第八次会议于 2024 年 12 月 27 日以通讯表决的方式召开。本次会议为临时会议，会议通知和 会议材料于 2024 年 12 月 24 日以电子邮件方式发出。会议应出席董事 11 名，实 际出席董事 11 名。会议由公司董事长王洪先生召集。会议的召集、召开符合《中 华人民共和国公司法》等法律法规和《公司章程》《公司董事会议事规则》的规 定。会议形成以下决议： 表决结果：同意 11 票，反对 0 票，弃权 0 票。 五、审议通过了《关于公司组织架构调整的议案》。 表决结果：同意 11 票，反对 0 票，弃权 0 票。 二、审议通过了《关于修订〈公司财务管理制度〉的议案》。 本议案事先经公司 ...

Core Viewpoint - The wind power industry is experiencing high prosperity due to exceeding domestic bidding volumes, accelerated domestic offshore construction, and increasing overseas wind power demand, suggesting investment opportunities in various segments of the industry [1]. Group 1: Wind Power Equipment - The domestic onshore price stabilization and profit expectation recovery, combined with the increase in offshore wind power, are optimizing profit structures, with domestic companies expected to accelerate overseas order releases [1]. - The demand for large megawatt blades is expected to tighten due to the increasing proportion of large megawatt blades and the rapid replacement demand for blade molds, leading to strong price increase expectations and profit recovery [3]. - The wind power demand growth and the transition to dual-bearing forms for main shaft bearings are driving an increase in bearing demand [4]. Group 2: Gearboxes and Towers - The terminal demand for gearboxes is expected to grow rapidly due to high growth in end-user demand and the increasing proportion of doubly-fed and semi-direct drive models, with leading gearbox manufacturers likely to benefit significantly [5]. - The domestic and overseas offshore wind power growth is contributing to increased shipments of tower piles, with scale effects and structural optimization enhancing profitability [6]. Group 3: Cables and Castings - The acceleration of domestic offshore wind power construction is expected to drive short-term increases in submarine cable shipments, while long-term trends indicate rising demand for high voltage and flexible direct current cables due to deep-sea offshore wind developments [6]. - The supply-demand outlook for wind power castings is relatively tight, with a clear upward trend in casting prices expected by 2025, which will drive profit recovery [8].

Group 1 - The core viewpoint is that AI smart glasses have high potential as a future carrier for AI applications due to their convenience in information acquisition and immersive interaction experience [1] - The global smart glasses market size grew from $1.826 billion in 2018 to $5.031 billion in 2021, with a CAGR of 28.84%. The market faced growth pressure from 2021 to 2023, but is expected to recover in 2024 with the launch of new head-mounted devices like Apple Vision Pro, leading to accelerated growth from 2024 to 2028 as consumer application scenarios increase [1] - The global and Chinese smart glasses market sizes are estimated to reach 435 billion yuan and 77.5 billion yuan respectively, indicating significant growth potential [3] Group 2 - The current development stage of AI smart glasses can be compared to that of smartwatches in 2014, suggesting that substantial market expansion is expected in the future [4] - In 2023, the shipment volume of global smart glasses is only over 1% of that of smartwatches, indicating a large room for penetration improvement [5] - Companies to watch in this sector include Doctor Glasses, Mingyue Lenses, and Konnate Optical (Hong Kong stock) [6]

证券代码：600918 证券简称：中泰证券 公告编号：2024-065 中泰证券股份有限公司 中泰证券股份有限公司董事会 2024 年 12 月 26 日 中泰证券股份有限公司（以下简称"公司"）于 2024 年 12 月 26 日召开 2024 年第四次临时股东会，审议通过了《关于选举公司第三届董事会独立董事的议案》， 选举刘玉珍女士为公司第三届董事会独立董事。刘玉珍女士自本次股东会选举通 过之日起履行公司第三届董事会独立董事职责，同时担任公司董事会战略与 ESG （环境、社会及治理）委员会委员、审计委员会委员、提名委员会委员、薪酬与 考核委员会主任委员，任期至公司第三届董事会届满之日止。金李先生不再担任 公司第三届董事会独立董事及相关董事会专门委员会委员职务。刘玉珍女士简历 详见公司于 2024 年 12 月 11 日披露的《中泰证券股份有限公司关于公司独立董 事辞任及补选独立董事的公告》。 特此公告。 1 关于独立董事任职的公告 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：600918 证券简称：中泰证券 公告编号：2024-064 中泰证券股份有限公司 2024 年第四次临时股东会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 （一）股东会召开的时间：2024 年 12 月 26 日 （二）股东会召开的地点：山东省济南市市中区经七路 86 号证券大厦 19 楼会议室 （三）出席会议的普通股股东及其持有股份情况： | 1.出席会议的股东和代理人人数 | 779 | | --- | --- | | 2.出席会议的股东所持有表决权的股份总数（股） | 4,293,872,537 | | 3.出席会议的股东所持有表决权股份数占公司有表决权股 | 61.6172 | | 份总数的比例（%） | | （四）表决方式是否符合《中华人民共和国公司法》及《公司章程》的规定， 会议主持情况等。 本次会议由公司董事会召集，采用现场投票和网络投票相结合的方式召开， 经全体董事共同推举，会议由董事冯艺东先生主持。会议的召集、召开符 ...

国浩律师（济南）事务所 关于 中泰证券股份有限公司 2024 年第四次临时股东会 之 法律意见书 北京上海深圳杭州广州昆明天津成都宁波福州西安南京南宁济南重庆苏州长沙太原武汉贵阳乌鲁木齐郑州石家庄合肥海南青岛 香港巴黎马德里硅谷斯德哥尔摩纽约 BEIJING|SHANGHA I|SHENZHEN|HANGZHOU|GUANGZHOU|KUNMING|TIANJIN|CHENGDU|NINGBO|FUZHOU|X I'AN|NANJING|NANNING|JINAN|CHONGQ ING|SUZHOU|CHANGSHA|TAIYUAN|WUHAN|GU IYANG|URUMQ I|ZHENGZHOU|SHIJIAZHUANG|HEFEI|HA INAN|QINGDAO |HONGKONG|PARIS|MADR ID|SILICONVALLEY|STOCKHOLM|NEWYORK 济南市龙奥西路 1 号银丰财富广场 C 座 19、20、25 层邮编：250014 19th-20thFloor,BlockC,YinfengFortunePlaza,No.1Long'aoWestRoad,Jinan 电话/Tel:+ ...