Macro Dynamics - Beijing Securities Regulatory Bureau and five other departments released policies to attract long-term funds into the market, emphasizing the establishment of a long-term performance-oriented assessment mechanism for commercial insurance funds and encouraging listed companies to repurchase and increase holdings [2] - The China Insurance Industry Association reported that the current preset interest rate for ordinary life insurance products is 1.90%, reflecting ongoing adjustments in the industry to enhance operational efficiency and service quality [3] - From January to September, state-owned enterprises reported total operating revenue of 6132.905 billion yuan, a year-on-year increase of 0.9%, while total profits decreased by 1.6% to 316.703 billion yuan [4] Energy Sector - The National Energy Administration announced that from January to September, the national electricity market transaction volume increased by 7.2% year-on-year, with total transactions reaching 4923.9 billion kWh, accounting for 63.4% of total electricity consumption [5] Company Dynamics - Yushu Technology announced the upcoming release of a new product with performance approximately twice that of its Go2 model, likely a quadruped robot [12] - Shanghai Zhiyuan Hengyue Technology completed a tender offer for shares of Shangwei New Materials, acquiring 58.6232% of the company, with shares resuming trading on October 30 [13] - Tongchen Beijian reported a third-quarter net profit of 171 million yuan, a significant increase of 861.91% year-on-year, with total revenue of 1.383 billion yuan, up 23.45% [14] - Dongfang Communication announced a third-quarter net profit of 232 million yuan, a year-on-year increase of 1418.64%, primarily due to fluctuations in the fair value of its financial assets [15] - China Electric Power Construction signed a contract worth approximately 6.568 billion yuan for the design and construction of a complex hospital project in Peru, with a project duration of 1080 days [17]

Core Viewpoint - The board of directors of Caitong Securities has appointed Ying Chaohui as the new general manager, effective immediately, following the retirement of the previous general manager, Huang Weijian [1][4]. Group 1: Appointment Details - Ying Chaohui, born in 1976, previously served as the chairman of Zhejiang Guarantee Group, a subsidiary of Caitong Securities' controlling shareholder [1][3]. - The appointment was approved during a board meeting, and Ying's term will last until the current board's term ends [1][4]. - Ying possesses the necessary qualifications and experience for the role, with no disqualifications under relevant laws and regulations [3]. Group 2: Background of Ying Chaohui - Ying holds a Master's degree in Business Administration and has held various positions in financial institutions, including roles at Zhejiang Rural Credit Union and Zhejiang Rural Commercial Bank [3]. - Prior to his current role, Ying was the secretary of the party committee and chairman of Zhejiang Guarantee Group, which is fully owned by Zhejiang Innovation Investment Group, the controlling shareholder of Caitong Securities [3]. Group 3: Financial Performance - Caitong Securities reported significant growth in its financial performance, with Q3 revenue reaching 2.103 billion yuan, a year-on-year increase of 48.58%, and net profit of 954 million yuan, up 75.10% [4]. - For the first three quarters, total revenue was 5.063 billion yuan, reflecting a 13.99% increase, while net profit was 2.038 billion yuan, up 38.42% [4]. - As of the end of Q3, the company's net assets amounted to 37.419 billion yuan, and the Caitong convertible bonds are set to mature on December 10, 2026, with a current scale of 3.8 billion yuan [4].

Core Viewpoint - The board of directors of Caitong Securities has appointed Ying Zhaohui as the new general manager, effective immediately, following the retirement of the previous general manager [2][5]. Group 1: Appointment Details - Ying Zhaohui, born in 1976, previously served as the chairman of Zhejiang Guarantee Group, a subsidiary of Caitong Securities' controlling shareholder [2][4]. - The board meeting approved the appointment of Ying Zhaohui as general manager, with his term lasting until the current board's term ends [2][4]. - Ying Zhaohui has the necessary qualifications and experience for the role, with no disqualifications under relevant laws and regulations [4]. Group 2: Background of Ying Zhaohui - Ying Zhaohui holds a Master's degree in Business Administration and has held various positions in financial institutions, including roles at Zhejiang Rural Credit Union and Zhejiang Rural Commercial Bank [4]. - Prior to his appointment, he was the party secretary and chairman of Zhejiang Guarantee Group, which is fully owned by Zhejiang Innovation Investment Group, the controlling shareholder of Caitong Securities [4]. Group 3: Financial Performance - Caitong Securities reported significant growth in its Q3 2025 financial results, with total operating revenue of 2.103 billion yuan, a year-on-year increase of 48.58%, and a net profit of 954 million yuan, up 75.10% [6]. - For the first three quarters of 2025, total operating revenue reached 5.063 billion yuan, reflecting a 13.99% increase, while net profit was 2.038 billion yuan, a 38.42% rise [6]. - As of the end of Q3, the company's net assets amounted to 37.419 billion yuan, and the Caitong convertible bonds are set to mature on December 10, 2026, with a current scale of 3.8 billion yuan [6]. Group 4: Market Reaction - On October 29, Caitong Securities' stock price increased by 2.36%, closing at 8.69 yuan, with a total market capitalization of 40.35 billion yuan [7].

Core Viewpoint - The board of directors of Caitong Securities has appointed Ying Chaohui as the new general manager, effective immediately, following the retirement of the previous general manager, Huang Weijian [2][5]. Group 1: Appointment Details - Ying Chaohui, born in March 1976, has a Master's degree in Business Administration and has held various significant positions in the financial sector, including Chairman of Zhejiang Guarantee Group [4][5]. - The appointment was approved unanimously by the board, and Ying meets all necessary qualifications and has no disqualifications under relevant laws and regulations [4][5]. Group 2: Company Performance - Caitong Securities reported a significant increase in performance for Q3 2025, with total operating revenue reaching 2.103 billion yuan, a year-on-year increase of 48.58%, and net profit of 954 million yuan, up 75.10% [5]. - For the first three quarters of 2025, total operating revenue was 5.063 billion yuan, reflecting a year-on-year growth of 13.99%, while net profit increased by 38.42% to 2.038 billion yuan [5]. - As of the end of Q3, the equity attributable to shareholders of the parent company was 37.419 billion yuan, and the company’s convertible bonds are set to mature on December 10, 2026, with a current scale of 3.8 billion yuan [5]. Group 3: Market Reaction - Following the announcement of Ying Chaohui's appointment, Caitong Securities' stock price rose by 2.36%, closing at 8.69 yuan, with a total market capitalization of 40.35 billion yuan [6].

Core Insights - The company reported significant growth in both revenue and net profit for the third quarter of 2025, indicating strong financial performance [2][3] Financial Performance - Operating revenue for the reporting period reached 2.10 billion, representing a year-on-year increase of 48.58% [1] - Net profit attributable to shareholders was 954.48 million, showing a growth of 75.10% compared to the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 966.56 million, with an increase of 89.64% [1] - For the first three quarters, the company achieved an operating revenue of 50.63 billion, a year-on-year growth of 13.99% [3] - The net profit attributable to shareholders for the first three quarters was 20.38 billion, reflecting a growth of 38.42% [3] Earnings Per Share - Basic earnings per share for the reporting period were 0.21, up by 75.00% [1] - Diluted earnings per share were 0.19, an increase of 72.73% [1]

Core Viewpoint - The forum emphasizes the dual empowerment of finance and technology to promote high-quality industrial development, highlighting the importance of AI in driving industry transformation and innovation [1][2]. Group 1: Financial Innovation - Financial institutions must innovate by shifting from a traditional model of "customers following licenses" to "licenses revolving around customers," becoming "innovation partners" that provide comprehensive lifecycle services to technology companies [2]. - Financial tools are evolving towards more integrated solutions to meet the diverse needs of enterprises, with a focus on supporting innovation in technology-driven companies [2]. Group 2: Collaborative Efforts - Financial institutions are encouraged to break down silos and foster a collaborative ecosystem, moving from competition to co-opetition, and from fragmentation to integration [3]. - A new collaborative mechanism called "1369" has been established to enhance the integration of government, industry, academia, and finance, promoting deep collaboration between technology, industry, and finance [3]. Group 3: Intelligent Finance - The financial sector is positioned as a bridge connecting technology and industry, leveraging AI to enhance financial services, gain insights into industry needs, and create incremental value for the industrial ecosystem [4]. - The development of the "Zheli Yirong" intelligent financial ecosystem aims to unlock the data value within the technology-industry-finance ecosystem and facilitate the transition of AI from research to market applications [4]. Group 4: Strategic Partnerships - A strategic partnership between the financial institution and the China Economic Information Service aims to create a model for "financial + media" collaboration, enhancing the narrative around financial empowerment of technological innovation [5].

特此公告。 财通证券股份有限公司董事会 关于聘任总经理的公告 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。 2025年10月29日，财通证券股份有限公司（以下简称"公司"）召开第四届 董事会第二十五次会议，审议通过了《关于审议聘任总经理的议案》，会议同意 聘任应朝晖先生（简历详见附件）为公司总经理，任期自董事会审议通过之日起 至本届董事会届满时止。 应朝晖先生具备担任公司总经理所必需的履职能力、专业能力、从业经历等 相关任职条件，不存在《公司法》《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》《公司章程》等规定的不得担任高级管理人员的情 形。应朝晖先生未持有公司股份，与控股股东、实际控制人和公司其他董事、监 事和高级管理人员无关联关系，从未受过中国证监会及其他有关部门的处罚和证 券交易所惩戒。 证券代码：601108 证券简称: 财通证券 公告编号：2025-065 财通证券股份有限公司 2025年10月29日 附件 应朝晖先生，1976 年 3 月出生，工商管理硕士，中国国籍，无境外永久居 留权，曾任浙 ...

证券代码：601108 证券简称：财通证券 公告编号：2025-066 财通证券股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 04 日 （星期二） 至 11 月 10 日 （星 期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过公司邮箱 ir@ctsec.com 进行提问。公司将在说明会上对投资 者普遍关注的问题进行回答。 财通证券股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入 地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 11 日 （星期二） 15:00-16:00 举行 2025 年第三季度业绩 说明会，就投资者关心的问题进行交流。 一、 说明会类型 会议召开时间： ...

表决结果：5 票同意，0 票反对，0 票弃权。 监事会认为：公司 2025 年第三季度报告的编制和审议程序符合法律、法规、 公司《章程》及公司内部管理制度的各项规定，公司 2025 年第三季度报告的内 容和格式符合中国证券监督管理委员会和上海证券交易所的各项规定，报告内容 真实、准确、完整地反映了上市公司的实际情况，不存在任何虚假记载、误导性 陈述或者重大遗漏。在提出本意见前，未发现参与 2025 年第三季度报告编制和 审议的人员有违反保密规定的行为。 特此公告。 财通证券股份有限公司 第四届监事会第十三次会议决议公告 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。 财通证券股份有限公司（以下简称"公司"）第四届监事会第十三次会议通知 于 2025 年 10 月 25 日以电子邮件的形式发出，会议于 2025 年 10 月 29 日在公司 总部以现场结合视频会议的方式召开。本次会议应出席监事 5 名，实际出席监事 5 名，其中监事会主席叶笃银先生通过视频方式出席。本次会议由监事会主席叶 笃银先生召集和主持。本次会议的召集召开符 ...

《2025 年第三季度报告》刊登在《中国证券报》《上海证券报》《证券时 报》《证券日报》及上海证券交易所网站（www.sse.com.cn）。 证券代码：601108 证券简称：财通证券 公告编号：2025-063 财通证券股份有限公司 第四届董事会第二十五次会议决议公告 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。 财通证券股份有限公司（以下简称"公司"）第四届董事会第二十五次会议通 知于 2025 年 10 月 25 日以电话和电子邮件等方式发出，会议于 2025 年 10 月 29 日以现场结合通讯方式召开。本次会议应出席董事 10 人，实际出席董事 10 人， 其中董事长章启诚先生以通讯表决方式出席，董事陈丽英女士、独立董事贲圣林 先生以视频方式出席。经全体董事一致推举，会议由董事郑联胜先生主持，公司 监事和高级管理人员列席，会议的召集、召开符合《公司法》、公司《章程》和 《董事会议事规则》的有关规定，本次会议审议并通过以下议案： 一、审议通过《关于审议 2025 年第三季度报告的议案》 表决结果：10 票赞成，0 ...