Group 1 - Shanghai Kaijie E-commerce Co., Ltd. submitted its listing application to the Hong Kong Stock Exchange on November 28 [1] - The exclusive sponsor for the listing is CITIC Securities International [1]

证券日报网讯 11月28日晚间，科源制药发布公告称，近日，公司收到中信建投证券发来的通知，鉴于 原独立财务顾问主办人孙林先生工作变动，不再担任本次交易的独立财务顾问主办人。本次独立财务顾 问主办人减少后，中信建投证券原委派的独立财务顾问主办人杨慧泽先生、王辉先生将继续担任本次交 易的独立财务顾问主办人，履行本次交易的相关职责。 （文章来源：证券日报） ...

Core Insights - The annual strategy meetings of leading brokerage firms are focusing on the theme of "new," reflecting their interpretations of industry opportunities and potential market shifts [2][3]. Group 1: Themes of Strategy Meetings - Leading brokerages have adopted various themes for their strategy meetings, with a common emphasis on "new": - CICC focuses on "Resilience and Reconstruction" - Huatai emphasizes "Certainty in Order Reconstruction" - CITIC Securities and CITIC Jiantou center on "Opening New Chapters" [3][4]. - The themes for the annual strategy meetings include: - CICC: "Seizing Opportunities, Seeking New" - CITIC Securities: "Striving for a New Journey" - CITIC Jiantou: "Reforming and Innovating for Future Success" - Huatai: "Riding the New Chapter" - Guotai Junan: "Setting Sail on a New Journey" [4]. Group 2: Macro Trends and Market Changes - The concept of "new" is reflected in macroeconomic planning, with CICC's general manager highlighting the strategic design for China's economic development over the next five years, which will influence the capital market's mission [5]. - Guotai Junan's president noted that China's economy is becoming a significant driver of global growth, with new capital market reforms expected to enhance the market's attractiveness and competitiveness [5]. Group 3: A-share Market Insights - Chief strategists from leading brokerages continue to express optimism about the A-share market, noting a shift in the overall market direction and favored sectors [6]. - CICC's chief strategist anticipates a bull market for A-shares starting in Q4 2025, driven by synchronized economic and policy cycles among major economies [6][7]. - Guotai Junan's chief strategist has adjusted the focus on favored sectors, maintaining a bullish outlook on emerging technology and financial stocks while introducing "manufacturing expansion and globalization" as a new investment direction [8]. Group 4: Changes in Analyst Teams - There have been notable changes in the chief analyst lineup among brokerages, particularly at Guotai Junan, where several analysts have left the firm [9][10]. - The absence of previously prominent analysts at the annual strategy meeting indicates a shift in research team dynamics and reflects the evolving demands of the market [10].

Group 1 - The seventh Sina Finance Golden Unicorn Best Analyst Awards results were announced on November 28, with CITIC Securities Research Team ranked eighth for "Best Research Institution" and "Most Honorable Research Institution" [1] - CITIC Securities won 11 research awards across various fields in the Best Analyst Honor Roll and 13 research awards in the Elite Analyst Honor Roll, with four industries achieving first place [1] - CITIC Securities' electronic industry analyst, Pang Jiajun, was awarded the Golden Unicorn Securities Analyst - Future Star honor [1]

Core Insights - The 2025 Analyst Conference and the 7th Sina Finance "Golden Unicorn" Best Analyst Award Ceremony took place on November 28, gathering over 300 authoritative scholars, public and private fund leaders, listed company chairpersons, top fund managers, and chief analysts in Shanghai to discuss future opportunities in the Chinese capital market [1] Group 1: Event Overview - The event highlighted the future opportunities in the Chinese capital market [1] - The results of the 7th Sina Finance Golden Unicorn Outstanding Research Institution evaluation were announced [1] Group 2: Award Results - The top ten best research institutions were recognized, with Changjiang Securities taking first place, followed by GF Securities and Guotai Junan Securities in second and third respectively [1] - The complete ranking of the top ten institutions is as follows: 1. Changjiang Securities 2. GF Securities 3. Guotai Junan Securities 4. Industrial Securities 5. Tianfeng Securities 6. Shenwan Hongyuan Securities 7. Zheshang Securities 8. CITIC Securities 9. Guosheng Securities 10. Guoxin Securities [1]

11月28日，2025分析师大会暨第七届新浪财经"金麒麟"最佳分析师颁奖盛典隆重召开。逾300名权威学 者、公私募掌舵人、上市公司董事长、顶级基金经理、首席分析师齐聚上海，共同探讨中国资本市场的 未来机遇。 同时，第七届新浪财经金麒麟菁英分析师评选结果隆重揭晓。 第七届新浪财经金麒麟零售和社会服务行业"菁英分析师"荣誉榜如下： 第一名 中信建投证券研究团队 （首席分析师：刘乐文；团队成员：陈如练） 专题：2025分析师大会：资本市场"奥斯卡"启幕 （首席分析师：丁浙川；团队成员：李秀敏、潘威全、李星馨、胡馨媛） 第三名 开源证券研究团队 （首席分析师：黄泽鹏；联席首席：初敏；团队成员：李睿娴、程婧雅） 第四名 国联民生证券研究团队 （首席分析师：邓文慧；团队成员：李英、曹晶、郭家玮） 第五名 华福证券研究团队 （首席分析师：李昊臻（核心成员）；团队成员：姚婧、高兴、李天阳） 责任编辑：郭栩彤 第二名 招商证券研究团队 ...

Core Insights - The 2025 Analyst Conference and the 7th Sina Finance "Golden Unicorn" Best Analyst Awards Ceremony took place on November 28, gathering over 300 authoritative scholars, public and private fund leaders, listed company chairpersons, top fund managers, and chief analysts in Shanghai to discuss future opportunities in the Chinese capital market [1] Group 1: Event Overview - The event highlighted the future opportunities in the Chinese capital market [1] - The 7th Sina Finance Golden Unicorn Awards recognized outstanding research institutions [1] Group 2: Award Results - The top research institutions recognized were: - 1st: Shenwan Hongyuan Securities - 2nd: Changjiang Securities - 3rd: Guotai Junan Securities - 4th: Tianfeng Securities - 5th: GF Securities - 6th: Guoxin Securities - 7th: Industrial Securities - 8th: CITIC Securities - 9th: Zheshang Securities - 10th: Guolian Minsheng Securities [1]

Group 1 - The 2025 Analyst Conference and the 7th Sina Finance "Golden Unicorn" Best Analyst Awards Ceremony took place on November 28, gathering over 300 authoritative scholars, public and private fund leaders, listed company chairpersons, top fund managers, and chief analysts in Shanghai to discuss future opportunities in China's capital market [1] - The results of the 7th Sina Finance Golden Unicorn Best Analyst selection were announced [2] Group 2 - The top analysts in the New Energy Equipment sector were recognized, with the following rankings: 1. Changjiang Securities Research Team (Chief Analyst: Wu Bohua) 2. Dongwu Securities Research Team (Chief Analyst: Zeng Duohong) 3. Tianfeng Securities Research Team (Chief Analyst: Sun Xiaoya) 4. CITIC Construction Investment Securities Research Team (Chief Analyst: Xu Lin) 5. Industrial Securities Research Team (Chief Analyst: Wang Shuai) 6. GF Securities Research Team (Chief Analyst: Chen Zikun) 7. Minsheng Securities Research Team (Chief Analyst: Deng Yongkang) 8. Guohai Securities Research Team (Chief Analyst: Li Hang) [3]

Core Insights - The 2025 Analyst Conference and the 7th Sina Finance "Golden Unicorn" Best Analyst Award Ceremony took place on November 28, gathering over 300 authoritative scholars, public and private fund leaders, listed company chairpersons, top fund managers, and chief analysts in Shanghai to discuss future opportunities in the Chinese capital market [1] Group 1: Event Overview - The event highlighted the significance of the Chinese capital market and aimed to explore future investment opportunities [1] - The 7th Sina Finance Golden Unicorn Elite Analyst Awards were announced during the conference [1] Group 2: Award Results - The top three teams in the public utilities sector were recognized: - First place: Industrial Securities Research Team, led by Chief Analyst Cai Yi, with team members Li Jingyun, Shi Yisu, and Zhu Lixian [1] - Second place: Guosen Securities Research Team, led by Chief Analyst Huang Xiujie, with team members Zheng Hanlin, Liu Hanxuan, and Cui Jiacheng [1] - Third place: CITIC Construction Investment Securities Research Team, led by Chief Analyst Gao Xing, with team member Hou Qiming [1]

11月28日，浙江亿田智能厨电股份有限公司（下称"亿田智能"）在天风证券策略会举办路演活动，接待 了包括信泰人寿、上海慧珠、银华股份、中信建投、众安在线、中兵财富、泓德基金、中信保诚、民生 加银、方正富邦、嘉实基金、华夏基金在内的12家机构调研。公司董事会秘书、总经理助理董博女士就 主营业务转型、算力业务布局、国际品牌合作及基金投资等核心问题与投资者展开深入交流。 投资者活动基本信息投资者关系活动类别：路演活动时间：2025年11月28日地点：天风证券策略会参与 单位名称：信泰人寿、上海慧珠、银华股份、中信建投、众安在线、中兵财富、泓德基金、中信保诚、 民生加银、方正富邦、嘉实基金、华夏基金上市公司接待人员姓名：董事会秘书、总经理助理董博女士 主业转型与算力布局：从厨电龙头到"双轮驱动" 亿田智能成立于2003年，在集成灶领域拥有20余年技术积累，品牌与渠道稳居行业第一梯队。不过，由 于集成灶行业与房地产市场关联度较高，公司自2023年起启动战略转型，将算力与人工智能应用作为第 二增长曲线，坚定向高科技企业转型。 董博表示，算力基础设施建设及整体解决方案投入巨大，公司通过整合产业资本与资源推动相关业务发 展。 ...