信达证券股份有限公司董事会审计委员会 对 2024 年度年审会计师事务所履行监督职责情况报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理 准则》《国有企业、上市公司选聘会计师事务所管理办法》《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》和《信达证券股份有限公司章程》（以 下简称《公司章程》）等规定和要求，公司董事会审计委员会（以下简称审计委 员会）本着勤勉尽责的原则，充分发挥专业优势，认真履行监督及评估外部审计 机构工作的职责。现将审计委员会对 2024 年度年审会计师事务所履行监督职责 的情况汇报如下： 一、2024 年度年审会计师事务所基本情况 （一）会计师事务所基本情况 立信会计师事务所（特殊普通合伙）（以下简称立信）于 1927 年在上海创 建，2010 年成为全国首家完成改制的特殊普通合伙制会计师事务所，注册地址 为上海市，首席合伙人朱建弟，中国国籍，具有中国注册会计师资格。 截至 2024 年末，立信拥有合伙人 296 名、注册会计师 2,498 名、从业人员 总数 10,021 名，签署过证券服务业务审计报告的注册会计师 743 名。 立信 2023 年业 ...

证券代码：601059 证券简称：信达证券 公告编号：2025-004 信达证券股份有限公司 第六届监事会第八次会议决议公告 本公司监事会及全体监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。 信达证券股份有限公司（以下简称公司）第六届监事会第八次会议于 2025 年 3 月 25 日以现场与视频相结合的方式召开，现场会议设在北京市西城区宣武 门西大街甲 127 号金隅大厦 B 座 16 层 1608 会议室。本次会议的通知和会议资 料于 2025 年 3 月 14 日以电子邮件方式发出。本次会议应出席监事 3 名，实际出 席监事 3 名（马建勇先生、郑凡轩女士现场参会，张德印先生以视频方式参会）， 公司董事会秘书和全体高级管理人员列席了会议。本次会议由全体监事推举马建 勇先生主持。本次会议的召集、召开程序符合《中华人民共和国公司法》等法律、 行政法规、部门规章、规范性文件和《信达证券股份有限公司章程》的有关规定。 经审议，本次会议形成如下决议： 一、审议通过《关于审议<信达证券股份有限公司 2024 年度监事会工作报 告>的议案》 本议案需提交 ...

证券代码：601059 证券简称：信达证券 公告编号：2025-003 信达证券股份有限公司 第六届董事会第十次会议决议公告 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。 信达证券股份有限公司（以下简称公司）第六届董事会第十次会议于 2025 年 3 月 25 日以现场与视频相结合的方式召开，现场会议设在北京市西城区宣武 门西大街甲 127 号金隅大厦 B 座 16 层 1608 会议室。本次会议的通知和会议资 料于 2025 年 3 月 14 日以电子邮件方式发出。本次会议由董事长艾久超先生召集 和主持，应出席董事 7 名，实际出席董事 7 名（艾久超先生、祝瑞敏女士、宋永 辉女士、刘俊勇先生现场参会，刘力一先生、黄进先生、华民先生以视频方式参 会），公司 3 名监事、董事会秘书和全体高级管理人员列席了会议。本次会议的 召集、召开程序符合《中华人民共和国公司法》等法律、行政法规、部门规章、 规范性文件和《信达证券股份有限公司章程》的有关规定。 经审议，本次会议形成如下决议： 一、审议通过《关于审议<信达证券股份有限公司 2 ...

证券代码：601059 证券简称：信达证券 公告编号：2025-006 信达证券股份有限公司 2024 年度利润分配方案公告 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： A 股每股派发现金红利人民币 0.027 元（含税）。 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日 期将在权益分派实施公告中明确。 在实施权益分派股权登记日前公司总股本发生变动的，拟维持分配总额 不变，相应调整每股分配比例，并将在相关公告中披露。 公司不触及《上海证券交易所股票上市规则（2024 年 4 月修订）》（以 下简称《股票上市规则》）第 9.8.1 条第一款第（八）项规定的可能被实施其他 风险警示的情形。 2024年度现金分红比例低于30%的主要原因系公司综合考虑了所处行业 情况及特点、公司发展阶段和自身经营模式、公司盈利水平、偿债能力及资金需 求等因素，着眼中长期发展，留存未分配利润可以优化资产负债结构，补充营运 资金以保障各项业务的资金需求，提高盈利能力，提升公司价值。 一、利润分配方案内容 （一）利润分配 ...

Dividends and Profit Distribution - The company has implemented a mid-year cash dividend of RMB 0.37 per 10 shares, totaling RMB 119,991,000, which represents 15.21% of the net profit attributable to shareholders for the fiscal year 2024[3]. - The proposed cash dividend for the fiscal year 2024 is RMB 0.27 per 10 shares, amounting to a total of RMB 87,561,000, based on a total share capital of 3,243,000,000 shares as of March 25, 2025[3]. - The total proposed cash dividends for 2024, including the mid-year distribution, will be RMB 207,552,000, accounting for 15.21% of the net profit attributable to shareholders[190]. - The total cash dividends distributed over the last three accounting years amount to RMB 499,422,000, with an average cash dividend payout ratio of 36.91%[192]. - The company’s cash dividend policy prioritizes cash distributions, aiming for at least 30% of the average distributable profit over the last three years[186]. Financial Performance - The company reported a total revenue of 1.2 billion CNY for the fiscal year 2024, representing a year-over-year increase of 15%[46]. - The company achieved operating revenue of CNY 3.29 billion in 2024, a decrease of 5.51% compared to 2023[60]. - Net profit attributable to shareholders was CNY 1.36 billion, down 6.95% year-on-year[60]. - The company reported a net profit margin of 25%, up from 22% in the previous year[46]. - The company’s total revenue for 2024 was CNY 3.29 billion, a decrease of 5.51% compared to the previous year[96]. Assets and Liabilities - Total assets reached CNY 106.90 billion, reflecting a year-on-year increase of 37.19%[60]. - Total liabilities increased to CNY 82.46 billion, up 38.39% from the previous year[60]. - The company's net capital rose to CNY 21.01 billion, an increase of 41.00% compared to the previous year[63]. - The net capital to total liabilities ratio was 36.72%, slightly up from 36.40% in 2023[63]. - The company's monetary funds increased by CNY 5.393 billion, contributing to a total of CNY 22.14 billion, which represents 20.71% of total assets[113]. Business Operations and Structure - The company operates 82 securities business departments across various provinces in China as of December 31, 2024[44]. - The company has a total of 252 securities business departments across various provinces[48]. - The company has established a robust network of securities business departments to support its trading and investment activities[44]. - The company’s organizational structure includes a direct holding of 63% in Xinda International, which is now managed through a holding platform[43]. - The company has established a comprehensive and standardized compensation system to ensure compliance and promote positive incentives[182]. Risk Management and Compliance - The company has established a comprehensive market risk management system, including measures such as setting risk limits and conducting stress tests[129]. - The company has implemented a reputation risk management framework, which includes monitoring public sentiment and developing rapid response mechanisms for negative events[131]. - The company has not experienced any significant compliance or money laundering risk events during the reporting period[133]. - The company has implemented a comprehensive risk management system to identify, assess, and monitor various types of risks[135]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[5]. Strategic Plans and Future Outlook - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion CNY[46]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of 300 million CNY allocated for potential deals[46]. - The company plans to enhance its digital platform, aiming for a 40% increase in user engagement metrics[161]. - The company aims to improve customer satisfaction scores by 15% through enhanced service delivery and support[159]. - The company plans to optimize its asset allocation structure and enhance its service quality to the real economy, while also expanding its business collaboration and integrating various financial services[128]. Governance and Management - The board of directors consists of 7 members, including 3 independent directors, and held 7 meetings during the reporting period[142]. - The independent directors attended all board meetings and played a positive role in enhancing corporate governance and protecting the interests of minority shareholders[143]. - The company has established specialized committees under the board to enhance governance and risk management effectiveness[140]. - The company has not faced any penalties from securities regulatory authorities in the past three years[165]. - The company has established an independent financial accounting department and maintains separate bank accounts, ensuring financial independence[148]. Employee and Talent Development - The total number of employees in the parent company and major subsidiaries is 2,792, with 2,158 in the parent company and 634 in subsidiaries[181]. - The company emphasizes talent development through various training programs to enhance employees' professional capabilities[184]. - The educational background of employees shows that 32 hold doctoral degrees, while 848 have master's degrees, highlighting a highly educated workforce[181]. - The company has not implemented any stock incentive plans during the reporting period[194]. - The company has a total of 880,500 yuan in remuneration for all directors, supervisors, and senior management combined[155].

Core Viewpoint - The stock market has shown strong trading activity, with both exchanges recording over 1 trillion yuan in trading volume for 45 consecutive days, indicating robust investor interest and confidence in the market [3][4]. Group 1: Market Performance - The Shanghai Composite Index and ChiNext Index experienced slight declines, while the STAR Market 50 Index fell over 1% [3]. - The CSI All Share Securities Companies Index decreased by 0.35%, with individual stocks showing mixed performance; Zhejiang Securities and Zhongtai Securities rose over 1%, while Xinda Securities and China Galaxy fell over 2% [3]. Group 2: Fund Flows and Investor Sentiment - There has been a continuous inflow of leveraged funds, reflecting increased market confidence in the mid-term outlook [4]. - The presence of policies aimed at stabilizing the market and expectations of interest rate cuts have alleviated concerns about liquidity tightening, contributing to the inflow of leveraged funds [4]. Group 3: Policy Support and Market Strategy - Policies emphasizing the support for new productive forces and the deepening of the registration system are expected to attract long-term capital, enhancing market activity [3]. - Short-term investment strategies in the securities sector are advised to focus on stability, particularly around quarterly earnings reports and potential mergers and acquisitions [4]. Group 4: Mergers and Acquisitions - The current focus on mergers and acquisitions is driven by supportive policies and increasing operational challenges within the securities industry, leading to heightened interest in consolidation [4]. - Historical analysis indicates that significant merger and acquisition activity often correlates with favorable policy and market conditions, suggesting a new wave of consolidation in the securities sector [4]. Group 5: Investment Opportunities - The Securities ETF Leader (560090) is highlighted as an effective tool for investors to gain exposure to the securities sector, tracking the CSI All Share Securities Companies Index and encompassing 50 listed brokerage stocks [4].

Investment Rating - The report indicates a positive outlook for the securities sector, with a current PB valuation of 1.47x, suggesting a high safety margin compared to historical averages [39]. Core Insights - The securities sector has shown a recovery, with a weekly increase of 2.86%, outperforming the broader market by 1.28% [5]. - The average stock price increase for listed brokerages was 3.2% during the week, with notable performers including China Galaxy and Xinda Securities, which saw gains exceeding 10% [11]. - The report emphasizes the ongoing support from national policies aimed at stabilizing growth and boosting the capital market, which is expected to enhance the sector's performance in the medium to long term [42]. Summary by Sections Market Review - The securities sector's performance has improved, with a year-to-date decline of only 2.02% as of March 14, 2025, compared to the gains of the CSI 300 and other indices [5]. - The sector has outperformed 25 other primary industries during the recent week [5]. Important Policies and Industry Dynamics - The China Securities Regulatory Commission (CSRC) has emphasized the importance of implementing policies that support market stability and growth, particularly in light of recent national meetings [14][15]. - A notification from the Ministry of Natural Resources and the Ministry of Finance outlines the use of local government special bonds to support land reserves, which may indirectly benefit the securities market [16][17]. Key Market Data - The A-share market remains active, with an average daily trading volume of 1.75 trillion yuan, reflecting an 82.44% year-on-year increase [25]. - A total of 35.1 billion yuan was raised through equity financing in the A-share market during the week, with significant contributions from IPOs [31]. Valuation and Investment Recommendations - The current PB valuation of the securities sector is 1.47x, which is below the historical average of 1.85x, indicating potential for growth [39]. - Investment recommendations focus on leading brokerages with strong fundamentals, those likely to benefit from mergers and acquisitions, and firms excelling in wealth management [42].

信达证券发布东阿阿胶研报，阿胶及系列产品保持 高速增长，盈利能力稳步提升 信达证券03月19日发布研报称，给予东阿阿胶（000423.SZ，最新价：58.18元）评级。评级理由主 要包括：1）阿胶及系列产品保持高速增长，盈利能力稳步提升；2）坚持"1238"发展战略，2025年有望 保持稳健增长；3）重视股东回报，高股息核心资产；4）阿胶及系列产品保持高速增长，盈利能力稳步 提升；5）坚持"1238"发展战略，2025年有望保持稳健增长；6）重视股东回报，高股息核心资产。风险 提示：宏观消费环境变动的风险；医保政策变动的风险；原材料价格波动的风险；行业竞争加剧的风 险。 AI点评：东阿阿胶近一个月获得1份券商研报关注，买入1家，平均目标价为71元，与最新价58.18 元相比，高12.82元，目标均价涨幅22.04%。 （文章来源：每日经济新闻） ...

证券代码：601059 证券简称：信达证券 公告编号：2025-002 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。 信达证券股份有限公司（以下简称公司）于2025年2月14日收到控股股东中 国信达资产管理股份有限公司（以下简称中国信达）通知，中华人民共和国财政 部（以下简称财政部）拟将其所持有的中国信达的股权全部划转至中央汇金投资 有限责任公司（以下简称汇金公司）。划转完成后，公司实际控制人将由财政部 变更为汇金公司。 本次划转前，中国信达直接持有公司2,551,400,000股股份（占公司总股本的 78.67%），为公司控股股东。财政部持有中国信达58.00%股份，为公司的实际控 制人。本次划转完成后，汇金公司将持有中国信达58.00%股份，中国信达对公司 持股比例不变。公司控股股东仍为中国信达，实际控制人将由财政部变更为汇金 公司。本次划转符合《上市公司收购管理办法》第六十三条第一款第（一）项的 规定，可以免于发出要约。 以上事项具体内容详见公司于2025年2月14日在指定信息披露媒体和上海证 券交易所网站（www.s ...

●信达证券股份有限公司（以下简称公司）于2025年2月14日收到控股股东 中国信达资产管理股份有限公司（以下简称中国信达）通知，中华人民共和国财 政部（以下简称财政部）拟将其所持有的中国信达的股权全部划转至中央汇金投 资有限责任公司（以下简称汇金公司）。划转完成后，公司实际控制人将由财政 部变更为汇金公司。 ●本次划转符合《上市公司收购管理办法》第六十三条第一款第（一）项的 规定，可以免于发出要约。 ●本次划转尚需履行的程序包括取得金融监管机构批准。 一、基本概况 公司于2025年2月14日收到控股股东中国信达的《关于中国信达资产管理股 份有限公司股权结构变动的通知》，财政部拟将其所持有的中国信达的股权全部 划转至汇金公司（以下简称本次划转）。本次划转将导致公司实际控制人由财政 部变更为汇金公司。 证券代码：601059 证券简称：信达证券 公告编号：2025-001 信达证券股份有限公司 关于控股股东股权结构变更暨公司实际控制人变更的 提示性公告 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： 本次划转前，中 ...