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：601059 证券简称：信达证券 公告编号：2025-044 信达证券股份有限公司 2025年第二次临时股东大会决议公告 (五) 公司董事、监事和董事会秘书的出席情况 1、公司在任董事6人，出席6人； 2、公司在任监事3人，出席3人； 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 (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 | 1、出席会议的股东和代理人人数 | 734 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,632,825,495 | | 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 | 81.1848 | | 份总数的比例（%） | | 本次股东大会由信达证券股份有限公司（以下简称公司）董事会召集，董事 长林志忠先生主持，采用现场投票和网络投票相结合的方式召开。本次股东大会 的召集、召开、审议和表决程序符合《中华人民共和国公司法》（以下简称《公 司法》） ...

信达证券股份有限公司 第六届董事会第十八次会议决议公告 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。 信达证券股份有限公司（以下简称公司）第六届董事会第十八次会议于 2025 年 11 月 24 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 11 月 14 日、21 日以电子邮件方式发出。本次会议由董事长林志忠 先生召集和主持，应出席董事 7 名，实际出席董事 7 名（林志忠先生、张毅先生、 宋永辉女士、马建勇先生现场参会，刘俊勇先生、黄进先生、华民先生以视频方 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董事离职管理制度>的议 案》 证券代码：601059 证券简称：信达证券 ...

信达证券股份有限公司独立董事工作制度 （2025 年 11 月修订） 第一章 总则 第一条 为保证信达证券股份有限公司（以下简称公司）规范运作和公司 独立董事依法行使职权，确保独立董事议事程序，完善独立董事制度，提高独 立董事工作效率和科学决策能力，充分发挥独立董事的作用，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》《上市公 司治理准则》《上市公司独立董事管理办法》《证券基金经营机构董事、监事、 高级管理人员及从业人员监督管理办法》《上海证券交易所上市公司自律监管 指引第 1 号——规范运作》等有关法律、法规、规范性文件及《信达证券股份 有限公司章程》（以下简称《公司章程》）的相关规定，制定本制度。 第二条 公司独立董事是指不在公司担任除董事外的其他职务，并与公司 及公司主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能影 响其进行独立客观判断的关系的董事。独立董事应当独立履行职责，不受公司 及公司主要股东、实际控制人等单位或者个人的影响。公司应当保障独立董事 依法履职。 第三条 公司独立董事应当严格遵守本制度规定的程序，行使法律、法规、 规范性文件和《公司章程》赋予 ...

信达证券股份有限公司对外担保管理制度 （2025 年 11 月修订） 1. 目的 为了维护投资者的合法权益，规范公司对外担保行为，有效控制公司资产运营风险， 保证公司资产安全，促进公司健康稳定地发展。 2. 适用范围 适用于公司及公司合并报表范围内子公司（以下简称子公司）。 3. 术语和定义 对外担保是指公司或子公司以自有资产或信誉为其他单位或个人提供的保证、资产 抵押、质押以及其他担保事宜，包括公司对子公司提供的担保，以及子公司之间的 担保。 4. 职责 | 部门/岗位 | 职责 | | --- | --- | | 4.1 担保业务申请部门或机构 | 1）负责提交担保业务申请，并对被担保人进行资 | | | 信调查、评估； | | | 2）负责担保合同的签署、履行以及办理质押、抵 | | | 押登记等手续，负责对被担保人进行跟踪、检查、 | | | 监督及报告； | | | 3）负责反担保财产的登记及管理； | | | 4）协助办理担保解除事宜； | | | 5）负责担保业务涉及文件的归集、保存和移交。 | | 计划财务部门 | 1）接收担保业务申请部门或机构提出的担保申请， | | | 收集整理其他相关部 ...

第二条 公司股东依其持有的股份享受权利和承担义务。 信达证券股份有限公司股东会议事规则 （2025 年 11 月修订） 第一章 总 则 第一条 为提高股东会议事效率，保证股东会会议程序及决议的合法性，充 分维护全体股东的合法权益，根据《中华人民共和国公司法》（以下简称《公司 法》）、《信达证券股份有限公司章程》（以下简称《公司章程》）及其他有关 法律、法规和规范性文件的规定，特制定本议事规则。 第二章 股东会 第一节 股东的权利和义务 （八）法律、行政法规、部门规章或者《公司章程》规定的其他权利。 1 第四条 股东应承担下列义务： （一）遵守法律、行政法规和《公司章程》； 第三条 公司股东享有下列权利： （一）依照其所持有的股份份额获得股利和其他形式的利益分配； （二）依法请求召开、召集、主持、参加或者委派股东代理人参加股东会， 并行使相应的表决权； （三）对公司的经营进行监督，提出建议或者质询； （四）依照法律、行政法规及公司章程的规定转让、赠与或者质押其所持有 的股份； （五）查阅、复制公司章程、股东名册、股东会会议记录、董事会会议决议、 财务会计报告，连续 180 日以上单独或者合计持有公司 3%以上股 ...

信达证券股份有限公司 规范与关联方资金往来管理制度 （2025 年 11 月修订） 第一章 总则 第一条 为规范信达证券股份有限公司（以下简称公司）与控股股东、实际控制人及 其他关联方（以下简称公司关联方）的资金往来，避免公司关联方占用公司资金，保护公 司、股东和其他利益相关人的合法权益，建立防范公司关联方占用公司资金的长效机制， 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》《上海 证券交易所股票上市规则》（以下简称《上市规则》）等有关法律、法规、规范性文件以及 《信达证券股份有限公司章程》（以下简称《公司章程》）的规定，结合公司实际情况，制 定本制度。 第二条 本制度所称的关联方是指公司《关联交易管理制度》所认定的关联方。纳入 公司合并会计报表范围的子公司与公司关联方之间进行的资金往来适用本制度。 第三条 本制度所称资金占用，包括经营性资金占用和非经营性资金占用。经营性资 金占用，是指公司关联方通过采购、销售等生产经营环节的关联交易所产生的对公司的资 金占用。非经营性资金占用，是指公司为公司关联方垫付工资、福利、保险、广告等费用 和其他支出，代公司关联方偿还债务而支付资金，有 ...

Group 1: Federal Reserve and Market Overview - The global stock market experienced adjustments, with U.S. Treasury yields declining and commodity prices generally falling during the week of November 21, 2025 [6][7] - The expectation of interest rate cuts by the Federal Reserve remains uncertain, influenced by mixed signals from the labor market and geopolitical tensions [7][8] - The domestic equity market showed a decline across all sectors, with financials outperforming others, while the average daily trading volume decreased [6][7] Group 2: Shengde Xintai (300881) Company Analysis - Shengde Xintai operates a dual business model focusing on high-end pipes and automotive components, benefiting from both traditional and renewable energy sectors [9][10] - The company reported significant revenue growth, with a projected increase of 64.1% in 2023 and 34.4% in 2024, and a third-quarter revenue of 2.325 billion yuan in 2025 [10][11] - The firm maintains a strong market position in high-end boiler pipes and is expanding its presence in the automotive lightweight sector through acquisitions [9][10] Group 3: Loongson Technology (688047) Company Analysis - Loongson Technology is the only domestic CPU manufacturer building an independent information technology ecosystem based on its own instruction set, distinct from x86 and ARM architectures [12][13] - The company has seen a rise in market share in the domestic "Xinchuang" (information technology innovation) sector, with a focus on enhancing product cost-performance ratios [13][14] - The demand for AI servers and AIPC is expected to drive CPU demand upward, with a projected 24.3% growth in global AI server shipments in 2025 [14][15] Group 4: Domestic Robotics Industry - The industrial robotics sector in China saw a production increase of 29.8% year-on-year in the first three quarters of 2025, surpassing the total production of 2024 [20][21] - Domestic brands have gained market share over foreign brands, with a 54.9% increase in exports of industrial robots [20][21] - Key components such as controllers and servo systems have seen significant technological advancements, enhancing the competitiveness of domestic manufacturers [21][22] Group 5: Capital Market Focus on Mergers - The merger between CICC, Dongxing Securities, and Xinda Securities is a strategic move to consolidate resources and enhance competitiveness in the financial services sector [24][25] - Following the merger, the combined total assets are expected to exceed 1 trillion yuan, positioning the new entity as the fourth largest in the industry [25][26] - The integration aims to leverage regional strengths and expand service offerings, particularly in asset management and investment banking [26][27] Group 6: U.S. Non-Farm Payroll Data Analysis - The U.S. non-farm payroll data for September 2025 showed an increase of 119,000 jobs, significantly exceeding expectations, but the unemployment rate rose to 4.4% [28][29] - The job growth was primarily driven by the education and health sectors, which are characterized by high part-time employment rates [29][30] - The data suggests a mixed labor market, with concerns about rising unemployment overshadowing the positive job creation figures [30][31]

1. Report Industry Investment Rating - No information provided regarding the industry investment rating in the given content. 2. Core View of the Report - From November 17th to November 21st, the US September non - farm data showed an unexpected increase in new employment but a higher unemployment rate. The US dollar index rose weekly, and global and domestic stocks, bonds, and commodities all declined to varying degrees. In general, in terms of US - dollar valuation, bonds > commodities > stocks. Investors' concerns about the Japanese market and AI have increased, and the volatility of major asset prices may increase. Attention should be paid to the release of US inflation data [3][6][19]. 3. Summary According to the Directory 3.1 Global Major Asset Overall Performance: Stocks, Bonds, and Commodities All Declined - **Global Stock Market Overview**: Due to the uncertainty of US dollar interest rate cuts and the increasing concerns about AI, global major stock markets generally declined. The Asia - Pacific region had the largest decline, and emerging markets performed worse than developed markets. The VIX index rose significantly weekly [8]. - **Global Bond Market Overview**: The September non - farm data failed to eliminate the differences among Fed officials, increasing the uncertainty of US dollar interest rate cuts. The yields of medium - and long - term US bonds declined, and the yield of the 10 - year US bond fell by 8BP to 4.06% weekly. The bond market declined weekly. Globally, credit bonds > high - yield bonds > national bonds [15]. - **Global Foreign Exchange Market Overview**: The game between the large - scale fiscal stimulus policy and the normalization of the Bank of Japan's monetary policy caused market concerns. The Japanese yen depreciated rapidly against the US dollar, and the US dollar index rose weekly. Most major non - US currencies declined against the US dollar, and the RMB exchange rate fluctuated within a narrow range. The US dollar index rose 0.87% weekly [16]. - **Global Commodity Market Overview**: The US proposed a "28 - point" new plan to end the Russia - Ukraine conflict, and the possible framework agreement between Russia and Ukraine led to a significant weekly decline in international oil prices. Precious metal prices continued to consolidate at high levels. The prices of major agricultural products rose, and non - ferrous metal prices generally declined [18]. 3.2 Domestic Major Asset Performance: Stocks and Commodities Declined, and the Bond Market Fluctuated - **Domestic Stock Market Overview**: Affected by the overseas market, major broad - based A - share indexes generally declined. The average daily trading volume of the two markets decreased compared to the previous week. In terms of style, large - cap blue - chip stocks were relatively resilient. In terms of sectors, power equipment and new energy, basic chemicals, etc. saw large declines. The Shanghai Composite Index fell 3.9% weekly [20]. - **Domestic Bond Market Overview**: From November 17th to November 21st, the central bank's net investment in the open market was 43.4 billion yuan. The capital market was relatively tight. The bond market fluctuated weekly. Overall, credit bonds > corporate bonds > national bonds [23]. - **Domestic Commodity Market Overview**: The domestic commodity market declined weekly. Among the major commodity sectors, precious metals had the largest decline [24]. 3.3 Major Asset Price Outlook: Pay Attention to the Release of US Inflation Data - Recently, investors' concerns about the Japanese market and AI have increased, and the volatility of major asset prices may increase. Attention should be paid to the release of US inflation data [3][26].

Market Overview - On November 24, the securities sector rose by 0.22% compared to the previous trading day, with Guolian Minsheng leading the gains [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Top Gainers - Guolian Minsheng (601456) closed at 10.40, up 2.87% with a trading volume of 297,600 shares and a turnover of 304 million yuan [1] - Guosheng Securities (002670) closed at 17.86, up 2.76% with a trading volume of 444,300 shares and a turnover of 788 million yuan [1] - Industrial Securities (601377) closed at 6.69, up 2.14% with a trading volume of 941,000 shares and a turnover of 625 million yuan [1] Top Losers - Shouchao Securities (601136) closed at 20.20, down 2.27% with a trading volume of 375,700 shares and a turnover of 757 million yuan [2] - Changjiang Securities (000783) closed at 7.92, down 1.12% with a trading volume of 849,100 shares and a turnover of 679 million yuan [2] - Sihai Securities (600369) closed at 4.40, down 0.90% with a trading volume of 642,200 shares and a turnover of 284 million yuan [2] Fund Flow Analysis - The securities sector experienced a net outflow of 1.283 billion yuan from institutional investors, while retail investors saw a net inflow of 914 million yuan [2] - Among individual stocks, Guosheng Securities had a net inflow of 48.03 million yuan from institutional investors, while it faced a net outflow of 22.88 million yuan from speculative funds [3] - Dongfang Securities recorded a net inflow of 31.53 million yuan from institutional investors, with a net outflow of 10.96 million yuan from speculative funds [3]

Group 1: Securities Industry - The integration of leading brokerages is accelerating, driven by supply-side reforms, promoting high-quality development in the industry [2] - Recent announcements from China International Capital Corporation, Dongxing Securities, and Xinda Securities indicate a merger plan that will enhance competitiveness and resource consolidation among top brokerages [2] - The merger aligns with the policy direction from the Central Financial Work Conference aimed at cultivating first-class investment banks, further increasing the concentration of the securities industry [2] Group 2: Insurance Sector - In October 2025, the premium growth rate for life insurance companies like Xinhua and Taibao decreased compared to September, with Xinhua showing a growth rate of +16.9% and Taibao at +9.9% for the first ten months of the year [3] - For October alone, Xinhua's premium growth was -7.2% while Taibao's was -11.2%, indicating a decline in monthly performance [3] - In the property insurance sector, both Zhong An and Taibao experienced a decline in premium growth for October, with Zhong An at +5.2% and Taibao at +0.4% for the first ten months [3] Group 3: Hong Kong Market - The Hong Kong stock market is experiencing liquidity easing against the backdrop of potential interest rate cuts by the Federal Reserve, with a focus on the upward elasticity of the non-bank sector [4] - The Hang Seng Index has decreased by 2.65% and the Hang Seng Tech Index by 8.68% since November, underperforming the MSCI World Index by 3.37% [4] - As of November 21, the total market capitalization of Hong Kong stocks was HKD 46.83 trillion, reflecting a 15.47% increase since the end of October, although trading activity has decreased with an average daily turnover of HKD 234.73 billion, down 14.62% [4]