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。 ...

一、加强党建引领，增强公司治理效能 公司始终坚持党建统领全局，将党的领导贯穿到公司发展的各个方面、融 入到公司治理的各个环节，坚持用改革精神和严的标准管党治党，把政治建设 摆在首要位置。公司充分发挥党委"把方向、管大局、保落实"作用，确保公 司党委与各治理主体同频共振，统筹谋划、系统推进公司发展，把党的政治优 势、组织优势和制度优势转化为推动公司高质量发展的治理效能。2025 年，公 司将持续强化党建引领，全面提升党建工作质效，加强董事会建设和规范运作， 同时，将根据新《公司法》等配套规定，积极推动公司监事会改革和公司治理 制度修订，不断完善公司治理结构，促进独立董事有效发挥参与决策、监督制 衡和专业咨询作用，不断增强公司治理效能。 二、聚焦主责主业，推动高质量发展 公司坚持以习近平新时代中国特色社会主义思想为指导，深入学习和贯彻 新"国九条"精神，践行金融报国、金融为民的发展理念，坚持金融服务实体 经济的根本宗旨，贯彻以客户为中心的经营理念，把功能性放在首要位置，聚 焦主责主业，回归金融本质，优化资源配置，着力提升核心竞争力，实现公司 高质量发展。2024 年，公司实现归属于母公司股东的净利润 15.44 ...

Core Viewpoint - The company is changing its accounting policy in response to a new guideline issued by the Ministry of Finance regarding the accounting treatment of standard warehouse receipts in futures trading, effective from January 1, 2025 [1][2]. Specific Situation and Impact on the Company Specific Situation - The new guideline clarifies that contracts for buying or selling standard warehouse receipts, which are frequently traded for profit without physical delivery, should be treated as financial instruments under the relevant accounting standards [2]. - The company has revised its revenue recognition method for these transactions, shifting from a gross method to recognizing the difference between the received consideration and the book value of the sold warehouse receipts as investment income [2][3]. Impact on Financial Statements - The change in accounting policy will not affect the company's net profit, net assets, or total assets for comparable periods. The financial statement impacts are as follows: - Operating revenue: 4,878,366,299.97 - 2,878,432,286.95 = 1,999,934,013.02 - Other business income: 2,900,781,419.27 - 2,893,405,990.86 = 7,375,428.41 - Investment income: 87,855,748.48 + 14,973,703.91 = 102,829,452.39 - Operating costs: 4,111,626,668.38 - 2,878,432,286.95 = 1,233,194,381.43 - Other business costs: 2,882,607,476.84 - 2,878,432,286.95 = 4,175,189.89 [3][4]. - The accounting policy change is deemed reasonable and compliant with legal regulations, ensuring that the company's financial status and performance are fairly represented [3][4].

Core Viewpoint - Dongxing Securities plans to reappoint KPMG Huazhen as its accounting firm for the fiscal year 2025, following a thorough review by the board and audit committee [1][6]. Group 1: Accounting Firm Information - KPMG Huazhen was established on August 18, 1992, in Beijing and officially began operations on August 1, 2012 [1]. - As of December 31, 2024, KPMG Huazhen has 241 partners and 1,309 registered accountants, with over 300 accountants having signed securities service audit reports [2]. - KPMG Huazhen's audited total business revenue for 2024 exceeded RMB 4.1 billion, with audit service revenue surpassing RMB 4 billion [2]. Group 2: Audit Client Information - In 2024, KPMG Huazhen audited 127 listed companies, generating total audit fees of approximately RMB 682 million [3]. - The industries of these listed companies include manufacturing, finance, transportation, real estate, and more [3]. - KPMG Huazhen has a cumulative professional insurance compensation limit and risk fund exceeding RMB 200 million, complying with legal regulations [3]. Group 3: Audit Team Information - The project partner and signing registered accountants for the 2025 audit include Guan Yiming, Bai Long, and Cheng Hailiang, all of whom have not faced any criminal or administrative penalties in the past three years [4][5]. - The audit service fee for 2025 is set at RMB 1.57 million, consistent with the fees from 2024 [5]. Group 4: Appointment Process - The audit committee reviewed KPMG Huazhen's qualifications and recommended its reappointment based on its professional competence and integrity [6]. - The board of directors approved the appointment with a unanimous vote of 15 in favor [6]. - The appointment is subject to approval by the shareholders' meeting and will take effect upon approval [6].

智通财经APP讯，东兴证券(601198.SH)披露2025年半年度报告，报告期公司实现营收22.49亿元，同比 增长12.46%;归母净利润8.19亿元，同比增长42.12%;扣非净利润8.17亿元，同比增长42.06%;基本每股收 益0.253元。公司拟每股派发现金红利0.076元(含税)。 ...