2025 年度第三期短期融资券发行结果公告 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。 东兴证券股份有限公司2025年度第三期短期融资券已于2025年8月26日发行 完毕，相关发行情况如下： | 债券名称 | | | 东兴证券股份有限公司 | | 2025 年度第三期短期融资券 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 债券简称 | 25 | 东兴证券 | | CP003 | 债券代码 | 072510193 | | | | | 发行日 | 2025 | 年 8 | 月 25 | 日 | 起息日 | 年 2025 | 月 8 | 26 | 日 | | 兑付日 | 2026 | 年 8 | 月 26 | 日 | 期限 | 365 天 | | | | | 计划发行总额 | 人民币 | 15 | 亿元 | | 实际发行总额 | 人民币 | 15 | 亿元 | | | 发行利率 | 1.73% | | | | 发行价格 | 1 ...

Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing up to RMB 250 million for investments in low-risk, liquid financial products with a maturity of no more than 12 months [2][3]. Group 1: Cash Management Approval - The company held its 25th meeting of the 3rd Board of Directors and the 21st meeting of the 3rd Supervisory Board on April 21, 2025, where it approved the proposal to use idle raised funds for cash management [3]. - The approved cash management will not involve investments in stocks, derivatives, or unsecured bonds, focusing instead on safe and liquid products such as structured deposits and large-denomination certificates of deposit [2][3]. Group 2: Financial Performance - During the reporting period, the company utilized a total of RMB 230 million in cash management through large-denomination certificates of deposit and notice deposits, achieving a return of RMB 226,333.33 [3]. - As of June 30, 2025, the remaining balance of idle raised funds used for cash management was RMB 200 million [3].

Group 1 - Youyou Food achieved a net profit of 108 million yuan in the first half of 2025, a year-on-year increase of 42.47%, with a revenue of 771 million yuan, up 45.59% [1] - Keda achieved a net profit of 255 million yuan, a year-on-year increase of 16.49%, with a revenue of 2.163 billion yuan, up 14.35% [1] - North Navigation turned a profit with a net profit of 116 million yuan, achieving a revenue of 1.703 billion yuan, a year-on-year increase of 481.19% [1][2] Group 2 - China Satellite Communication reported a net profit of 181 million yuan, a year-on-year decrease of 55.59%, with a revenue of 1.221 billion yuan, up 6.33% [3] - Huqin Technology achieved a net profit of 1.889 billion yuan, a year-on-year increase of 46.3%, with a revenue of 83.939 billion yuan, up 113.06% [4] - Huasen Lithium reported a net loss of 72.739 million yuan, with a revenue of 350 million yuan, up 72.02% [4] Group 3 - Putailai achieved a net profit of 1.055 billion yuan, a year-on-year increase of 23.03%, with a revenue of 7.088 billion yuan, up 11.95% [5] - Suochen Technology reported a net loss of 45.698 million yuan, with a revenue of 57.351 million yuan, up 10.82% [5] - Canqin Technology achieved a net profit of 51.912 million yuan, a year-on-year increase of 51.94%, with a revenue of 287 million yuan, up 52.76% [6] Group 4 - Hengtong achieved a net profit of 99.3648 million yuan, a year-on-year increase of 38.86%, with a revenue of 669 million yuan, down 44.66% [6] - Sanan Optoelectronics reported a net profit of 176 million yuan, a year-on-year decrease of 4.24%, with a revenue of 8.987 billion yuan, up 17.03% [7] - New Dairy achieved a net profit of 397 million yuan, a year-on-year increase of 33.76%, with a revenue of 5.526 billion yuan, up 3.01% [8] Group 5 - Yiling Pharmaceutical achieved a net profit of 669 million yuan, a year-on-year increase of 26.03%, with a revenue of 4.040 billion yuan, down 12.26% [10] - Baosteel achieved a net profit of 4.879 billion yuan, a year-on-year increase of 7.36%, with a revenue of 151.372 billion yuan, down 7.28% [12] - Feikai Materials achieved a net profit of 217 million yuan, a year-on-year increase of 80.45%, with a revenue of 1.462 billion yuan, up 3.8% [13] Group 6 - Lier Chemical achieved a net profit of 271 million yuan, a year-on-year increase of 191.21%, with a revenue of 4.507 billion yuan, up 35.36% [15] - Shaanxi Coal achieved a net profit of 7.638 billion yuan, a year-on-year decrease of 31.18%, with a revenue of 779.83 billion yuan, down 14.19% [16] - Dongfang Materials reported a net profit of 654,400 yuan, a year-on-year decrease of 88.48%, with a revenue of 174 million yuan, down 5.06% [18] Group 7 - Blue Sky Bio achieved a net profit of 26.7163 million yuan, a year-on-year decrease of 8.98%, with a revenue of 652 million yuan, up 7.05% [19] - Shanghai Jiubai achieved a net profit of 23.7897 million yuan, a year-on-year increase of 0.24%, with a revenue of 45.0535 million yuan, down 1.09% [20] - Two Sides Needle reported a net loss of 5.0842 million yuan, with a revenue of 522 million yuan, up 1.02% [21] Group 8 - Shanghai Yashi achieved a net profit of 20.3263 million yuan, a year-on-year increase of 42.56%, with a revenue of 2.044 billion yuan, up 56.75% [23] - Bayi Steel reported a net loss of 697 million yuan, with a revenue of 8.733 billion yuan, down 6.73% [25] - Hongrun Construction plans to repurchase shares worth between 150 million and 300 million yuan [27] Group 9 - Kaile achieved a net profit of 10.9193 million yuan, a year-on-year increase of 280.42%, with a revenue of 137 million yuan, down 17.89% [28] - Jingda achieved a net profit of 306 million yuan, a year-on-year increase of 6.03%, with a revenue of 11.856 billion yuan, up 14.28% [29] - Blue Light Marker reported a net profit of 96.4427 million yuan, a year-on-year decrease of 47.33%, with a revenue of 32.36 billion yuan, up 4.87% [30] Group 10 - KOTAI Power achieved a net profit of 23.994 million yuan, a year-on-year increase of 35.52%, with a revenue of 711 million yuan, up 49.51% [33] - Bo Rui Data reported a net loss of 26.1918 million yuan, with a revenue of 70.1997 million yuan, up 5.19% [34] - Jiuzhoutong achieved a net profit of 1.446 billion yuan, a year-on-year increase of 19.7%, with a revenue of 81.106 billion yuan, up 5.10% [37] Group 11 - Aier Eye Hospital achieved a net profit of 2.051 billion yuan, a year-on-year increase of 0.05%, with a revenue of 11.507 billion yuan, up 9.12% [39] - Nandu Property achieved a net profit of 130 million yuan, a year-on-year increase of 532.87%, with a revenue of 914 million yuan, up 2.75% [41] - Weiyuan reported a net loss of 168 million yuan, with a revenue of 4.601 billion yuan, up 1.82% [42] Group 12 - Zhongke Chuangda achieved a net profit of 158 million yuan, a year-on-year increase of 51.84%, with a revenue of 3.299 billion yuan, up 37.44% [43] - Zhongjuxin reported a net profit of 8.1377 million yuan, a year-on-year decrease of 64.57%, with a revenue of 567 million yuan, up 20.40% [44] - Inspur Information achieved a net profit of 799 million yuan, a year-on-year increase of 34.87%, with a revenue of 80.192 billion yuan, up 90.05% [45] Group 13 - Shenghong Technology achieved a net profit of 2.143 billion yuan, a year-on-year increase of 366.89%, with a revenue of 9.031 billion yuan, up 86.00% [46] - Cambrian achieved a net profit of 1.038 billion yuan, turning a profit, with a revenue of 2.881 billion yuan, up 4347.82% [48] - Longteng Optoelectronics reported a net loss of 121 million yuan, with a revenue of 1.289 billion yuan, down 27.91% [49]

Core Insights - Dongxing Securities (601198.SH) reported a revenue of 2.249 billion yuan for the first half of 2025, marking a year-on-year increase of 12.46%, and a net profit attributable to shareholders of 819 million yuan, up 42.12% year-on-year [1] Business Segment Performance - **Wealth Management**: Revenue reached 877 million yuan, a year-on-year increase of 19.13%, accounting for 38.98% of total revenue [2] - **Investment Trading**: Revenue was 835 million yuan, showing a slight decline of 1.04% year-on-year, representing 37.14% of total revenue [2] - **Investment Banking**: Revenue surged to 251 million yuan, a significant increase of 188.20% year-on-year, making up 11.16% of total revenue [2] - **Asset Management**: Revenue fell to 134 million yuan, down 6.31% year-on-year, contributing 5.94% to total revenue [2] - **Other Businesses**: Revenue decreased to 152 million yuan, a decline of 19.86% year-on-year, accounting for 6.78% of total revenue [2] Profit Distribution - The company proposed a cash dividend of 0.76 yuan per 10 shares (including tax), totaling 246 million yuan, which represents 30% of the net profit attributable to shareholders [1] Industry Ranking - According to the second quarter performance evaluation results from the Beijing Stock Exchange and the National Equities Exchange and Quotations, Dongxing Securities ranked 3rd among 103 evaluated brokerages [1] - The company ranked 3rd in the number of IPO underwriting and 6th in underwriting scale within the industry [1]

Core Viewpoint - Dongxing Securities reported strong financial performance in the first half of the year, with significant growth in investment banking revenue and overall profitability [1] Financial Performance - For the first half of the year, Dongxing Securities achieved operating revenue of 2.249 billion yuan, representing a year-on-year increase of 12.46% [1] - The net profit attributable to shareholders reached 819 million yuan, showing a year-on-year growth of 42.12% [1] - Investment banking revenue surged by 188.2% compared to the previous year [1] - Self-operated business revenue accounted for 46.52% of total revenue [1] Dividend Announcement - The company announced a cash dividend of 0.076 yuan per share, totaling 246 million yuan to be distributed [1] Market Activity - On August 26, the stock price closed at 12.42 yuan, down 0.64% from the previous trading day [1] - The trading volume for the day was 515,338 hands, with a total transaction amount of 642 million yuan [1] - On the same day, there was a net outflow of 14.96 million yuan in main funds, while the cumulative net inflow over the past five days was 52.78 million yuan [1]

| 主要会计数据 | 本报告期 (1-6月) | 上年同期 | | | --- | --- | --- | --- | | | | 调整后 | 调整前 | | 营业收入 | 2.249.167.775.33 | 1.999.934.013.02 | 4.878.366.299.97 | | 利润总额 | 1.002.064.181.44 | 759.576.948.53 | 759.576.948.53 | | 归属于母公司股东的净利润 | 818.913.711.42 | 576.193.269.40 | 576.193.269.40 | | 归属于母公司股东的扣除非经 常性损益的净利润 | 817,324,389.56 | 575.357.644.10 | 575.357.644.10 | | 经营活动产生的现金流量净额 | 11,952,691,647.18 | -9.468.637.665.88 | -9.468.637.665.88 | | 其他综合收益 | 231.886.737.81 | 225.442.613.93 | 225.442.613.93 | | 主要会计数据 | 本报告期末 | 上 ...

Core Viewpoint - The company, Huibai New Materials Technology (Shanghai) Co., Ltd., has proposed additional expected daily related transactions for the year 2025, which have been reviewed and approved by the board and independent directors, ensuring compliance with relevant regulations [1][9]. Group 1: Daily Related Transactions Overview - The company has estimated daily related transactions for 2025, including the purchase of raw materials, fuel, and processing services amounting to 33 million yuan, sales of products and services for 2.6 million yuan, and related leasing of 5.4 million yuan [1]. - An additional expected transaction of 1.5 million yuan has been approved, which includes procurement from related parties such as Guangzhou Huishun New Materials Co., Ltd. and others [2][4]. Group 2: Approval Process and Compliance - The board of directors and the supervisory board have approved the additional expected daily related transactions, with independent directors providing consent, ensuring that the decision-making process adheres to the regulations set forth by the Shenzhen Stock Exchange [3][9]. - The company has confirmed that the pricing for related transactions is based on market prices and is fair, with no harm to the interests of the company or its shareholders, particularly minority shareholders [8][9]. Group 3: Financial Data of Related Parties - Financial data for related parties as of June 30, 2025, shows total assets for Guangzhou Huishun New Materials Co., Ltd. at 14.9 million yuan and a net profit of -356,700 yuan [5]. - Other related parties, such as Huanglong Trading (Shanghai) Co., Ltd. and Shanghai Juzheng Metal Products Co., Ltd., also have specific financial metrics indicating their operational status and relationship with the company [6][7].

| 东兴证券股份有限公司 | | | --- | --- | | 关于惠柏新材料科技（上海）股份有限公司 | | | 东兴证券股份有限公司对惠柏新材料科技（上海）股份有限公司（以下简 | | | 称"惠柏新材"或"公司"）2025年半年度持续督导跟踪报告如下： | | | 保荐机构名称：东兴证券股份有限公司 | 被保荐公司简称：惠柏新材 | | 联系电话：010-66555305 保荐代表人姓名：蒋卓征 | | | 保荐代表人姓名：陆丹彦 联系电话：010-66555305 | | | 一、保荐工作概述 | | | 项目 工作内容 | | | （1）是否及时审阅公司信息披露文件 是 | | | 0 （2）未及时审阅公司信息披露文件的次数 | | | 情况 | | | （1）是否督导公司建立健全规章制度（包括 | | | 但不限于防止关联方占用公司资源的制度、 | | | 是 | | | 募集资金管理制度、内控制度、内部审计制 | | | 度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 是 | | | （1）查询公司募集资金专户次数 1次 | | | （2）公司募集资金项目进展是否与信息披露 ...

证券日报网讯 8月26日晚间，东兴证券发布公告称，公司第六届董事会第八次会议审议通过了《关于聘 请公司2025年度会计师事务所的议案》等多项议案。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 8月26日晚间，东兴证券发布公告称，公司第六届监事会第四次会议审议通过了《关于东 兴证券股份有限公司2025年半年度利润分配方案的议案》等。 ...