Group 1 - The core point of the article is that Dongfang Securities announced a cash dividend distribution plan for the first half of 2025, with a cash dividend of RMB 0.12 per share (tax included) [1] - The record date for the dividend is set for October 27, 2025, and the ex-dividend date is October 28, 2025 [1]

Core Points - Oriental Securities announced a cash dividend of RMB 0.12 per share (tax included) for the first half of 2025, with the payment date set for October 28, 2025 [1][2]. Summary by Categories Dividend Distribution - The cash dividend distribution for A shares is RMB 0.12 per share (tax included) [3]. - Key dates for the dividend distribution include: - Record date: October 27, 2025 - Last trading date: October 28, 2025 - Ex-dividend date: October 28, 2025 - Cash dividend payment date: October 28, 2025 [3]. Shareholder Meeting - The profit distribution plan was authorized at the annual general meeting held on May 23, 2025, and was reviewed at the eighth meeting of the sixth board of directors on August 29, 2025 [3].

香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司 對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示， 概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失 承擔任何責任。 （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 股 份 有 限 公 司 ，中 文 公 司 名 稱 為 「東 方 証 券 股 份 有 限 公 司 」， 在 香 港 以「 東 方 證 券」（中 文 ）及「DFZQ」（ 英 文 ） 開 展 業 務 ） （股份代號：03958） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B條規則作出。 茲載列公司在上海證券交易所網站刊登之《國浩律師（上海）事務所關於東方證券股 份有限公司 2025年中期差異化分紅之專項法律意見書》，僅供參閱。 承董事會命 董事長 龔德雄 中國•上海 2025年 10月 20日 於本公告日期，董事會成員包括執行董事龔德雄先生、魯偉銘先生和盧大印先生； 非執行董事楊波先生、石磊先生、李芸女士、徐永淼先生、任志祥先生及孫維東先 生；以及獨立非執行董事吳弘先生、馮興東先生、羅新宇先生、陳漢 ...

香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司 對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示， 概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失 承擔任何責任。 （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 股 份 有 限 公 司 ，中 文 公 司 名 稱 為 「東 方 証 券 股 份 有 限 公 司 」， 在 香 港 以「 東 方 證 券」（中 文 ）及「DFZQ」（ 英 文 ） 開 展 業 務 ） （股份代號：03958） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B條規則作出。 茲 載 列 公 司 在 上 海 證 券 交 易 所 網 站 刊 登 之《東 方 證 券 股 份 有 限 公 司 2025年半年度權 益分派實施公告》，僅供參閱。 重要内容提示： 每股分配比例 A 股每股现金红利人民币 0.12 元（含税） 相关日期 承董事會命 董事長 龔德雄 中國•上海 2025年 10月 20日 於本公告日期，董事會成員包括執行董事龔德雄先生、魯偉銘先生和盧大印先生； 非執行董事楊波先生、石磊先生 ...

关于东方证券股份有限公司 2025 年中期差异化分红之专项法律意见书 国浩律师（上海）事务所 致：东方证券股份有限公司 国浩律师（上海）事务所（以下简称"本所"）受东方证券股份有限公司（以 下简称"公司"）委托，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股份回购 规则》（以下简称"《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》（以下简称"《监管指引第 7 号》"）、《上海证券交 易所股票上市规则》（以下简称"《上市规则》"）、《上海证券交易所交易规 则》（以下简称"《交易规则》"）等法律、法规和规范性文件以及《东方证券 股份有限公司章程》（以下简称"《公司章程》"）的规定，就公司 2025 年中 期利润分配所涉及的差异化权益分派特殊除权除息处理（以下简称"2025 年中 期差异化分红"或"本次差异化分红"）相关事项出具本法律意见书。 按照律师行业公认的业务标准、道德规范和勤勉尽责的精神，本所律师依据 本法律意见书出具日以前已发生或存在的事实和现行法律、法规和规范性文件的 规定以及《公司章程》的有关规 ...

证券代码：600958 证券简称：东方证券 公告编号：2025-047 东方证券股份有限公司 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： 每股分配比例 A 股每股现金红利人民币 0.12元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/10/27 | － | 2025/10/28 | 2025/10/28 | 差异化分红送转：是 一、 通过分配方案的股东大会届次和日期 2025年半年度权益分派实施公告 本次利润分配方案经公司2025 年 5 月 23日的2024年年度股东大会 授权，2025 年 8 月 29 日召开的第六届董事会第八次会议审议通过。 二、 分配方案 1.发放年度：2025年半年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结 算有限责任公司上海分公司（以下简称"中国结算上海分公司"）登记 在册的本公司全体股东。根据《 ...

Group 1 - The core viewpoint indicates that the market experienced fluctuations with the CSI Securities Leading Index showing mixed performance among its constituent stocks, highlighting a notable increase in Everbright Securities by 1.98% and a decline in GF Securities [1] - The market saw a significant trading volume of 1.74 trillion yuan, which is a decrease of 200.5 billion yuan compared to the previous trading day, indicating a contraction in market activity [1] - Open Source Securities forecasts improvements in investment banking, derivatives, and public fund businesses, suggesting that leading brokerages' overseas business growth and organic growth orientation will drive return on equity (ROE) expansion, while the sector's valuation remains low with noticeable underweight from institutions [1] Group 2 - As of September 30, 2025, the top ten weighted stocks in the CSI Securities Leading Index accounted for 79.09% of the index, with notable companies including East Money Information, CITIC Securities, and Huatai Securities [2]

Core Points - The company has signed a sales agreement with Dongfang Securities Co., Ltd. to add new sales institutions for its products starting from October 20, 2025 [1][9] - Investors will be able to open accounts, subscribe, redeem, and perform other transactions through these institutions from the specified date [2] Fee Discounts - Investors will enjoy fee discounts when subscribing or making regular investments through the sales institutions, with the discount details determined by the sales institutions [4] - The company does not impose restrictions on the discount rates for subscription fees, regular investment fees, and conversion fees, which are managed by the sales institutions [4] Important Notes - Regular investment is a method of fund subscription where investors can set up automatic deductions for fund purchases [5] - Fund conversion allows investors to exchange their fund shares under specific conditions, with rules and fee calculations available on the company's website [5][6] Contact Information - Investors can consult for more details through the following channels: 1. Dongfang Securities Co., Ltd. - Customer Service: 95503, Website: www.dfzq.com.cn [7] 2. Guohai Securities Co., Ltd. - Customer Service: 95563, Website: www.ghzq.com.cn [9] 3. Guorong Securities Co., Ltd. - Customer Service: 95385, Website: www.grzq.com [9] 4. Ping An Fund Management Co., Ltd. - Customer Service: 400-800-4800, Website: fund.pingan.com [7][9]

Core Viewpoint - The multi-modal industry is experiencing rapid iteration this year, with improvements in both lower and upper technical limits, leading to accelerated commercialization and product differentiation among competitors [1][2]. Technology Perspective - In October, major overseas companies like OpenAI and Google updated their video models, enhancing the technical capabilities of the industry. OpenAI's Sora2 shows significant improvements in physical motion realism and narrative capabilities, allowing Pro users to generate 25-second videos, compared to 5-10 seconds for other models. Google’s Veo3.1 has improved audio generation and visual quality [1]. - Domestic companies such as Kuaishou and others have also made advancements in their models, enhancing capabilities in physical laws, visual aesthetics, and consistency [1]. Product Perspective - OpenAI's Sora app has rapidly gained traction, surpassing 3 million users within 10 days of launch, indicating a shift towards C-end user engagement. The product paths for video models are becoming clearer, with OpenAI focusing on narrative-driven content creation for casual users, while Veo and Kuaishou cater to professional content creators [2][3]. Industry Expansion - The use of AI video tools is accelerating in high-difficulty content production areas such as films and TV series. The first AIGC war film, "Take Me to Fly," has achieved significant success, indicating the potential for AI video technology to enhance commercial operations [3]. - The application of Sora is expected to further commercialize C-end user engagement through advertising and IP sharing, contributing to the overall growth of the multi-modal industry [3]. Investment Recommendations - The report emphasizes the importance of vertical multi-modal AI application opportunities, highlighting the potential for technological breakthroughs and cost optimization to drive user growth and commercialization. Companies with international multi-modal AI applications are expected to see faster growth [4]. - Specific companies to watch include Kuaishou, Meitu, and Wanxing Technology, with recommendations to monitor major players like Alibaba and Tencent for their practical application developments [4].

Group 1 - The stock price of YN Technology (昱能科技) fell by 6.58% to 52.84 yuan, currently in a state of breaking issue since its IPO price was 163.00 yuan per share [1] - YN Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 8, 2022, with a total issuance of 20 million shares and a total fundraising amount of 326 million yuan [1] - The actual net fundraising amount was 303.7 million yuan, which is 2.481 billion yuan more than the original plan of 555.5 million yuan [1] Group 2 - The company announced a cash dividend of 2.2 yuan per share and a capital reserve increase of 0.4 shares for every share held, totaling 176 million yuan in cash dividends and 32 million shares in capital increase [2] - The total share capital after the distribution will be 112 million shares, with the record date on June 20, 2023, and the ex-dividend date on June 21, 2023 [2] - For the 2024 dividend plan, the company will distribute 10 yuan for every 10 shares and increase 4 shares for every 10 shares held, with the record date on July 2, 2024, and the ex-dividend date on July 3, 2024 [2]