本公告乃由國泰海通證券股份有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站發佈之《國泰海通證券股份有限公司關於 2024年度第七期短期融資券兌付完成的公告》，僅供參閱。 承董事會命 國泰海通證券股份有限公司 朱健 董事長 中國上海 2025年11月18日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 國泰海通證券股份有限公司 Guotai Haitong Securities Co., Ltd. （於中華人民共和國註冊成立的股份有限公司） （股份代號：02611） 海外監管公告 证券代码：601211 证券简称：国泰海通 公告编号：2025-103 国泰海通证券股份有限公司 关于 2024 年度第七期短期融资券兑付完成的公告 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。 截至本公告日期，本公司的執 ...

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。 国泰海通证券股份有限公司（曾用名：国泰君安证券股份有限公司，以下简 称本公司）于 2024 年 11 月 18 日成功发行了国泰君安证券股份有限公司 2024 年度第七期短期融资券（以下简称本期短期融资券），本期短期融资券发行额为 人民币 40 亿元，票面利率为 1.93%，短期融资券期限为 1 年，兑付日期为 2025 年 11 月 18 日（详见公司于 2024 年 11 月 19 日登载于上海证券交易所网站 （http://www.sse.com.cn）的《国泰君安证券股份有限公司 2024 年度第七期短 期融资券发行结果公告》）。 证券代码：601211 证券简称：国泰海通 公告编号：2025-103 国泰海通证券股份有限公司 关于 2024 年度第七期短期融资券兑付完成的公告 特此公告。 国泰海通证券股份有限公司董事会 2025 年 11 月 19 日 2025 年 11 月 18 日，本公司完成了本期短期融资券的本息兑付工作。 ...

每经AI快讯，11月18日，国泰海通（601211）公告称，公司曾于2024年11月18日发行2024年度第七期短 期融资券，发行额40亿元，票面利率1.93%，期限1年。2025年11月18日，公司完成了该期短期融资券 的本息兑付工作。 ...

Group 1 - The company announced the issuance of the 2024 seventh short-term financing bond on November 18, 2024, with an issuance amount of 4 billion yuan and a coupon rate of 1.93% for a term of 1 year [1] - The company completed the principal and interest repayment for this short-term financing bond on November 18, 2025 [1]

Group 1 - The company issued the seventh short-term financing bond for the year 2024 on November 18, 2024, with an issuance amount of 4 billion yuan and a coupon rate of 1.93% for a term of 1 year [1] - The company completed the principal and interest repayment for this short-term financing bond on November 18, 2025 [1]

Core Viewpoint - The strategic partnership between Guotai Haitong and Bloomberg aims to enhance collaboration in financial data, fintech, and market expansion, leveraging Bloomberg's global resources to support Guotai Haitong's international business growth and brand development [2][4]. Group 1: Partnership Details - The signing ceremony was attended by key figures including Guotai Haitong's Chairman Zhu Jian and Bloomberg's founder Michael Bloomberg [2]. - The partnership will focus on improving Guotai Haitong's capabilities in international business, global data governance, wealth management, and overseas family office services [4]. Group 2: Company Backgrounds - Bloomberg, founded in 1981 and headquartered in New York City, operates 167 branches globally and employs over 26,000 people, providing trusted financial data and insights [4]. - Guotai Haitong was established through the merger of Guotai Junan and Haitong Securities in 2025, with a presence across 31 provinces and regions in China, and services extending to 17 countries and regions [4].

Aviation Industry - The aviation sector is expected to enter a "super cycle" with high passenger load factors and low ticket prices, driven by demand growth and recovery in passenger structure [1] - Domestic airlines are active, and international ticket prices have surged, leading to significant reductions in losses expected in Q4 and a turnaround for the year [1] - The estimated passenger load factor for international routes in September-October exceeded 80%, with a year-on-year increase of over 3 percentage points, driving ticket prices significantly higher than market expectations [1] - The continuation of visa-free policies and the development of international transit hubs are expected to enhance long-term profitability for airlines [1] - Recommendations include China National Aviation, Juneyao Airlines, China Eastern Airlines, Southern Airlines, and Spring Airlines [1] Oil Shipping Industry - Recent increases in oil production from the Middle East and South America, along with U.S. sanctions on Russia, have positively impacted compliant VLCCs, leading to soaring freight rates [2] - The sentiment among shipowners is optimistic, with VLCC-TCE rates for Middle East to China routes reaching over $120,000, a new high [2] - The forecast for Q4 2025 indicates that oil shipping profits will reach a ten-year high, with expectations of continued demand growth outpacing supply [2] - Recommendations include COSCO Shipping Energy, China Merchants Energy Shipping, and China Merchants Jinling [2] Express Delivery Industry - The growth rate of express delivery volume during the Double Eleven shopping festival has slowed, with over 13.9 billion packages delivered, a 9% year-on-year increase, down from 21% in 2024 [3] - The average daily volume reached 634 million packages, reflecting a marginal effect of the Double Eleven promotion on consumer spending [3] - Instant retail has had a limited diversion effect on traditional e-commerce express delivery, primarily focusing on local perishable and daily goods without significantly impacting long-distance delivery [3]

Core Insights - Bloomberg and Guotai Junan Securities signed a two-year strategic cooperation agreement on November 17, aiming to enhance collaboration in financial data, fintech, and market expansion [1] Group 1: Strategic Cooperation - The partnership will support Guotai Junan in international business, global data governance, wealth management, and overseas family office services [1] - The collaboration seeks to explore new paths for expanding research content dissemination and brand building, enhancing Guotai Junan's global market influence and investor communication efficiency [1] - Bloomberg will leverage Guotai Junan's local market experience and comprehensive financial service capabilities to support its business expansion in the Chinese market [1]

Core Viewpoint - The steel industry is experiencing a decline in demand and inventory, with expectations of a gradual recovery in profitability as supply-side constraints persist [1][3]. Group 1: Demand and Supply Analysis - The apparent consumption of five major steel products was 8.606 million tons, a decrease of 63,300 tons week-on-week; construction materials consumption was 3.0335 million tons, down 40,200 tons; and sheet materials consumption was 5.5725 million tons, down 23,100 tons [1]. - The production of five major steel products was 8.3438 million tons, a decrease of 223,600 tons week-on-week, while total inventory stood at 14.7735 million tons, down 262,200 tons [1]. - The operating rate of blast furnaces at 247 steel mills was 82.81%, a decrease of 0.32 percentage points week-on-week, while electric furnace operating rate was 60.9%, an increase of 1.28 percentage points [1]. Group 2: Profitability Trends - The average gross profit per ton for rebar was 81.4 CNY, an increase of 4.3 CNY week-on-week, while hot-rolled coil showed a negative gross profit of -16.6 CNY, also up by 4.3 CNY [2]. - The profitability rate for 247 steel companies was 38.96%, a decrease of 0.87 percentage points week-on-week [2]. Group 3: Future Outlook - The real estate sector's ongoing decline is expected to reduce its negative impact on steel demand, while demand from infrastructure and manufacturing is anticipated to stabilize [3]. - The steel industry has been in a loss phase since Q3 2022, with nearly 60% of steel companies still reporting losses, indicating a market-driven supply clearance is beginning to occur [3]. - The recently released "Steel Industry Stabilization and Growth Work Plan (2025-2026)" emphasizes continued production reduction policies to promote dynamic supply-demand balance [3]. Group 4: Investment Recommendations - Long-term trends indicate that increased industry concentration and high-quality development will benefit steel companies with product structure and cost advantages [4]. - Key recommendations include Baosteel (600019.SH), Hualing Steel (000932.SZ), and Shougang (000959.SZ) for their leading technology and product structures, as well as CITIC Special Steel (000708.SZ) and Yongjin Co. (603995.SH) for their competitive advantages [4].

责任编辑：小浪快报 国泰海通创新医药混合发起A（014157）成立日期2021年12月23日，最新规模1.05亿。今年以来收益 18.88%，同类排名4424/8140；近一年收益16.26%，同类排名4686/8057；成立以来亏损4.41%。 国泰海通创新医药混合发起A（014157）基金经理为李子波。 11月18日，京新药业涨5.01%，截至发稿，报20.34元/股，成交1.64亿元，换手率1.14%，总市值175.13 亿元。京新药业股价已经连续4天上涨，区间累计涨幅6.02%。 截至发稿，李子波累计任职时间3年332天，现任基金资产总规模30.67亿元，任职期间最佳基金回报 34.96%， 任职期间最差基金回报-3.25%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，浙江京新药业股份有限公司位于浙江省新昌县羽林街道新昌大道东路800号，成立日期1999 年2月13日，上市日期2004年7月15日，公司主营业务涉及化学制剂、传统中药、生物制剂、化学 ...