Group 1: Implied Volatility Index and Historical Volatility - The financial option implied volatility index reflects the 30 - day implied volatility (IV) trend as of the previous trading day, and the commodity option implied volatility index is weighted by the IV of the two - strike options above and below the at - the - money option of the main contract, reflecting the IV change trend of the main contract [3] - The difference between the IV index and historical volatility (HV) indicates the relative level of IV to HV. A larger difference means higher IV relative to HV, and a smaller difference means lower IV relative to HV [3] Group 2: Volatility Graphs - There are multiple graphs showing the IV, HV, and IV - HV differences of various financial and commodity options, including 300 - stock index, 50ETF, 1000 - stock index, 500ETF, etc., as well as commodity options like soybean meal, corn, etc. [4][5][6] Group 3: Implied Volatility and Historical Volatility Quantiles - The implied volatility quantile represents the current level of a variety's IV in history. A high quantile means the current IV is high, and a low quantile means the current IV is low. The volatility spread is the difference between the IV index and historical volatility [17] - The implied volatility quantiles of different varieties are provided, such as PTA (0.63), PVC (0.73), methanol (0.42), etc. [19]

根据《上市公司股份回购规则》《上海证券交易所上市公司自 律监管指引第 7号——回购股份》等相关规定，现将董事会公告回 购股份决议的前一个交易日（即2025年6月4日）登记在册的前10大 股东和前10大无限售条件股东的名称及持股数量、比例情况公告如 下： 股东持股情况的公告 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。 永安期货股份有限公司（以下简称"公司"）于2025年6月3日召 开第四届董事会第十一次会议，审议通过《关于以集中竞价交易方 式回购公司股份方案的议案》，具体详见公司于2025年6月5日披露 的《关于以集中竞价交易方式回购公司股份方案的公告》（公告编 号：2025-024）。 证券代码：600927 证券简称：永安期货 公告编号：2025-026 永安期货股份有限公司关于回购股份事项 前十大股东和前十大无限售条件 二、董事会公告回购股份决议的前一个交易日（2025年6月4日） 前10大无限售条件股东持股情况 特此公告。 永安期货股份有限公司董事会 2025 年 6 月 10 日 | 序号 | 股东名称 | 持股 ...

证券代码：600927 证券简称：永安期货 公告编号：2025-026 永安期货股份有限公司关于回购股份事项 前十大股东和前十大无限售条件 ）前10大股东持股情况 序号 股东名称 持股数量（股） 持股比例（%） 1 财通证券股份有限公司 439,347,825 30.18 2 浙江省产业基金有限公司 350,000,000 24.05 3 浙江东方金融控股集团股份有限公司 166,427,690 11.43 4 浙江省金融控股有限公司 138,689,727 9.53 5 浙江省交通投资集团有限公司 137,968,127 9.48 6 物产中大集团股份有限公司 27,500,000 1.89 7 香港中央结算有限公司 11,684,065 0.80 8 中国农业银行股份有限公司－中证 500 交易型开放式指数证券投资基金 4,441,758 0.31 9 周奇润 2,487,900 0.17 10 上海中汇金玖四期股权投资基金管理 合伙企业(有限合伙) 2,200,000 0.15 | 3 | 浙江东方金融控股集团股份有限公司 | 166,427,690 | 11.43 | | --- | --- | -- ...

永安期货期权总部 更新时间: 2025/6/9 隐含波动率指数、历史波动率及其价差走势图 1、金融期权隐含波动率指数反映截止上一交易日的30日隐波走势,商品期权隐含波动 率指数通过主力月平值期权上下两档隐波加权所得,反映主力合约的隐波变化趋势。2 隐波指数与历史波动率的差值,差值越大反映隐波相对历史波动率越高,差值越小代 表隐波相对历史波动率越低。 70 40 40 JPS -300股指 IV -300股指HV IV-HV美 IV-HV美 - 50ETF IV SOETH HV 60 30 20 20 50 10 10 40 30 20 70 10 0 40 41 8 2019/2/20 2020/2/20 2021/2/20 2022/2/20 2023/2/20 2024/2/20 2025/2/20 20 20/2/13 2022 /2/13 2024/2/13 2021/2/13 2023/2/13 2025/2/13 80 40 100 eo IV-HV美 - - 1000股指 IV 1000股指HV 500ETF HV IV-HV差 - 500ETF IV 70 30 30 40 60 20 20 ...

230家焦炭产量 全样本焦化焦炭库存 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内容的客观、公正，研究方法专业审慎，分 析结论合理，但我司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信息和建议不会发生任何变化。我们提供的全部分析及建议内容仅供参考，不构成对您的任何投资 70.00 75.00 80.00 85.00 90.00 95.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 247家高炉产能利用率 2021 2022 2023 2024 2025 190.00 200.00 210.00 220.00 230.00 240.00 250.00 260.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 铁水产量 2021 2022 2023 2024 2025 350.00 450.00 550.00 650.00 750.00 850.00 950.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 ...

Market Overview - A-shares experienced a strong upward movement on June 9, with the Shanghai Composite Index briefly returning to 3400 points, and nearly 3700 stocks in the green. The half-day trading volume reached 823 billion, an increase of 764 billion compared to the previous trading day [1] Factors Influencing Market Strength - The strengthening of indices is attributed to three main factors: 1. Central Huijin becoming the actual controller of eight companies including Xinda Securities, which is expected to drive a new round of mergers and acquisitions in the securities industry [2][5] 2. The Shanghai Stock Exchange held a meeting encouraging listed companies to increase dividend payouts, thereby enhancing investment value [3] 3. The Ministry of Commerce stated that the export control of rare earths aligns with international practices, having approved a certain number of compliant applications [4] Sector Performance - **Brokerage Sector**: The "bull market leader" brokerage stocks surged, with Xinda Securities hitting the daily limit. Other stocks like Yong'an Futures and Nanhua Futures also reached their daily limits, driven by the announcement of Central Huijin's control over several securities firms [5] - **Pharmaceutical Sector**: The innovative drug and CRO sectors saw significant gains, with multiple stocks such as Zhongseng Pharmaceutical and Ruizhi Pharmaceutical hitting their daily limits. Analysts predict a sustained recovery in the pharmaceutical market, highlighting structural opportunities [6] - **Rare Earth Permanent Magnet Sector**: This sector has shown repeated strength, with stocks like Zhongke Magnetic Materials reaching a 20% limit up. The Ministry of Commerce's comments on export controls have positively influenced this sector [7] - **Solid-State Battery Sector**: Stocks in this sector, including Yinglian Co. and Dexin Technology, also saw gains, with predictions of significant production increases by 2030 [8] Institutional Insights - **CITIC Securities**: The firm suggests that the upcoming bull market entry point may occur in late Q3 to Q4, but a transitional phase of 3-4 months is expected. They emphasize the need for more concrete measures to boost domestic demand and caution against macroeconomic uncertainties [10] - **CITIC Construction Investment**: They highlight June as a critical period for dividend releases, recommending tracking fund flows and industry conditions to identify high-dividend stock opportunities [11] - **Orient Securities**: They believe that despite external negative factors, internal support is strong, suggesting limited downside for stock indices and recommending patience for opportunities in sectors like technology and strategic metals [12]

Core Viewpoint - The futures industry is experiencing significant changes with the approval of the change of actual controllers for three futures companies, indicating increased attention from shareholders in the context of an overall industry recovery [1][2][3]. Group 1: Change of Control - Central Huijin Investment Co., Ltd. will become the actual controller of Changcheng Futures, Dongxing Futures, and Xinda Futures [2][3]. - The change in control is part of a broader transfer of shares from the Ministry of Finance to Central Huijin, involving significant stakes in various financial institutions [3]. Group 2: Shareholder Interest - Despite relatively low absolute profits, leading futures companies maintain high return on equity, which has attracted increased shareholder interest amid the industry's recovery [4]. - Guotai Junan Futures received a capital increase of 1.5 billion yuan, marking its second capital increase in a year, bringing its registered capital to 7 billion yuan [4]. - Yong'an Futures announced a share buyback plan of 50 million to 100 million yuan, with a maximum buyback price of 18.63 yuan per share, aimed at reducing registered capital [4]. Group 3: Company Rebranding - Hongye Futures has changed its name to Suhao Futures, aligning with the strategic goals of its controlling shareholder, Suhao Holdings Group, to enhance brand recognition and competitiveness [5]. Group 4: Industry Performance - As of April 2025, there are 150 futures companies in China, with total agency trading volume reaching 70.02 trillion yuan and net profits of 3.264 billion yuan in the first four months of the year, a 39% increase year-on-year [5].

证券代码：600927 证券简称：永安期货 公告编号：2025-025 永安期货股份有限公司 关于子公司浙江中邦实业发展有限公司 为子公司浙江永安资本管理有限公司 提供担保的进展公告 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: 被担保人名称：浙江永安资本管理有限公司（以下简称"永 安资本"） 本次担保金额及已实际为其提供的担保金额：浙江中邦实 业发展有限公司（以下简称"中邦公司"）本次对永安资本的担 保金额为 1.50 亿元；本次担保实施后，中邦公司已实际为永安 资本及其子公司提供担保总额为 55.29 亿元（含本次担保）。 本次担保是否有反担保：无 对外担保逾期的累计数量：无 一、担保情况概述 公司于 2025 年 4 月 22 日召开第四届董事会第十次会议，并 于 2025 年 5 月 20 日召开 2024 年年度股东大会，分别审议通过 了《关于担保额度预计的议案》，同意全资子公司中邦公司增加 对全资子公司永安资本及其子公司的担保额度 80 亿元（含前期 担保到期续签），并在有效期内，每日担保余额不 ...

具体来看，永安期货通过上海证券交易所交易系统以集中竞价交易方式进行股份回购。按照本次回购金 额下限0.5亿元(含)，回购价格上限18.63元/股进行测算，回购数量约为268.38万股，回购股份比例约占 公司总股本的0.18%；按照本次回购金额上限1亿元(含)，回购价格上限18.63元/股进行测算，回购数量 约为536.77万股，回购股份比例约占公司总股本的0.37%。 期货龙头永安期货（600927）(600927.SH)拟推大手笔回购，提振投资者信心。 净利润方面，永安期货一季度实现归母净利润为929.46万元，同比下降88.08%，公司解释称，子公司主 要于2023年开展的部分存续场外衍生品业务受一季度市场重大行情波动不利影响，产生了部分亏损。目 前,该类存续业务已基本了结，风险敞口已有效释放。 6月4日晚间，永安期货发布公告称，拟0.5亿元至1亿元回购公司股份，用于减少注册资本，回购价格不 超过18.63元/股。对于此次回购，公司表示是基于对公司未来发展的信心和对公司价值的认可，为维护 全体股东利益，增强投资者信心。 若是从横向行业层面来对比，永安期货一季度的营业收入在四大A股上市期货公司中排在首位。不 ...

Mergers and Acquisitions - Huamao Technology plans to acquire 57.84% stake in Fuchuang Youyue through direct and indirect means, and will issue shares to raise matching funds from its controlling shareholder Dongyang Huasheng [1] - Milkway intends to acquire 30% stake in Tianjin Wuze for 142 million yuan to enhance logistics services for hazardous cargo in Tianjin and surrounding areas [2] - Suqian Agricultural Development plans to invest 178 million yuan to acquire 28.75% of Jintaiyang Grain and Oil, resulting in an 80% ownership post-transaction [3] Share Buybacks and Reductions - Yong'an Futures plans to repurchase shares worth between 50 million to 100 million yuan, with a maximum repurchase price of 18.63 yuan per share, aimed at reducing registered capital [4] - Lian Ce Technology's vice chairman Yu Xuanxuan intends to reduce holdings by up to 54,000 shares, representing 0.84% of total shares, while another shareholder plans to reduce by 10,000 shares, or 0.16% [5] - Bixing Wulian's shareholder Ningbo Fengtu Huizheng plans to reduce holdings by up to 235,560 shares, which is 3% of the total share capital [6] Risk Matters - *ST Sailong warns of potential market overheating risk due to significant recent stock price increases, which deviate from reasonable valuations and fundamentals [7] - Lehui International reports that its draft beer business is relatively small and currently operating at a loss, cautioning investors about associated risks [8] - Wangzi New Materials clarifies that its controllable nuclear fusion business contributes minimally to overall revenue, emphasizing limited short-term impact on performance [9][10]