7月31日，上证指数跌1.18%，收报3573.21点，恒生指数跌1.6%，收报24773.33点。 中原证券AH溢价达74.85%，位居AH股溢价率第48位。当日收盘，中原证券A股报4.39元，跌幅 2.23%，H股报2.74港元，下跌4.86%。 本文源自：金融界 作者：行情君 资料显示，中原证券股份有限公司成立于2002年11月8日,是注册地在河南的法人证券公司和全省资本市 场发展的重要载体,也是全国140多家证券公司中第8家同时在香港和境内主板上市的券商之一。2014年6 月成功实现了在香港上市(H股简称:中州证券,股票代码:01375.HK),2017年1月在上海证券交易所主板上 市(A股代码:601375)。中原证券已成为一家以研究为先导、投资银行、投资业务、财富管理、资产管理 等各项业务在内的综合类券商,保荐企业上市数量和过会率2021年底排在全行业第9位,上海债券自营投资 近年来持续保持较好水平。 *注：AH股是指同时在A股和港股上市的公司，溢价（A/H）越大，说明H股相比A股越便宜。 ...

7月31日，中州证券(01375)盘中下跌5.21%，截至13:36，报2.73元/股，成交1.16亿元。 中原证券股份有限公司是一家以研究为先导、投资银行、投资业务、财富管理、资产管理等各项业务在 内的综合类券商，是全国140多家证券公司中第8家同时在香港和境内主板上市的券商之一。公司的保荐 企业上市数量和过会率2021年底排在全行业第9位，上海债券自营投资近年来持续保持较好水平。 截至2025年一季报，中州证券营业总收入4.01亿元、净利润1.03亿元。 本文源自：金融界 作者：行情君 ...

Group 1 - The total salary of A-share listed company secretaries in 2024 reached 4.086 billion yuan, with an average annual salary of 1.162 million yuan [1] - In the non-bank financial sector, there are 83 A-share listed companies, with 83 secretaries, of which 59.03% are aged between 50 and 59 years [1] - The educational background of the secretaries shows that 56.63% hold a master's degree, 27.71% have a bachelor's degree, and 14.46% possess a doctoral degree [1] Group 2 - The highest-paid secretary is Sheng Ruisheng from China Ping An, with a salary of 3.7368 million yuan in 2024, while the lowest is Guo Liangyong from Zhongyuan Securities, earning only 192,400 yuan [2] - Guo Liangyong has recently taken on the role of secretary after serving as the financial director, and Zhongyuan Securities has faced multiple penalties in 2024 [2][3] - Regulatory actions against Zhongyuan Securities include administrative measures for organizational structure violations and issues related to salary management and performance evaluation [3]

Core Insights - The report highlights that in 2024, the total salary for A-share listed company secretaries reached 4.086 billion yuan, with an average annual salary of 754,300 yuan [1] - Over 21% of the secretaries earned more than 1 million yuan annually, indicating a significant compensation level in the industry [1] Industry Overview - In the non-bank financial sector, there are 83 A-share listed companies, with 83 secretaries [1] - The majority of secretaries (59.03%) are aged between 50 and 59, indicating a mature workforce [1] - The educational background of the secretaries shows that 56.63% hold a master's degree, while only 1 individual has a diploma or lower [3] Salary Analysis - The average salary for secretaries in the 83 companies is 1.162 million yuan, with the highest salary being 3.7368 million yuan for the secretary of China Ping An [1][6] - The lowest salary is reported at 192,400 yuan for the secretary of Zhongyuan Securities, which is linked to the company's recent regulatory issues and a significant decline in investment banking revenue [6][9] Regulatory Issues - Zhongyuan Securities faced multiple regulatory penalties in 2024, including issues related to organizational structure and compliance failures [8][9] - The company’s investment banking revenue saw a year-on-year decline of 38.79%, attributed to these regulatory challenges [9]

Key Points - The report highlights the ongoing recovery of the Chinese economy, with consumption and investment being the core drivers, and suggests a gradual upward trend in the A-share market supported by policy and capital [6][10][12] - The report emphasizes the strong performance of the financial and consumer sectors, with specific recommendations to focus on technology growth and cyclical manufacturing as dual main lines for investment [6][10][12] - The report notes the significant growth in the new energy vehicle (NEV) industry, with global sales expected to reach 20 million units by 2025, and China maintaining its position as the largest market [15][16][17] - The new energy storage industry is also highlighted, with a projected global installed capacity of over 30 million kilowatts by 2025, driven by advancements in technology and supportive policies [18][19][20] - The engineering machinery and industrial robotics sectors are experiencing a recovery, with a recommendation to focus on companies with stable earnings and high dividend yields [24][25] - The report discusses the media and gaming sectors, indicating a positive outlook due to strong demand and favorable policy environments, particularly with the integration of AI technologies [36][38]

Group 1: Company Overview - Zhongyuan Securities' stock price closed at 4.49 yuan on July 30, down 1.54% from the previous trading day, with a trading volume of 810,329 hands and a transaction amount of 365 million yuan [1] - Zhongyuan Securities is a comprehensive securities company based in Zhengzhou, Henan Province, offering services in securities brokerage, investment banking, and asset management [1] Group 2: Industry Trends - The internationalization process of the brokerage industry is accelerating, with several firms expanding overseas through listings in Hong Kong or increasing capital in their Hong Kong subsidiaries [1] - Currently, 13 mainland brokerage firms have achieved "A+H" dual listings, with Zhongyuan Securities being one of them [1] - In 2024, some leading brokerages are expected to see significant growth in international business revenue, with CITIC Securities reporting a 116% year-on-year increase in net profit from international operations [1] Group 3: Market Activity - On July 30, Zhongyuan Securities experienced a net outflow of 13.864 million yuan in principal funds, indicating a trend of net outflow for the day [2]

2021年至2024年，*ST太和实现营业收入分别为4.60亿元、2.05亿元、1.83亿元和1.03亿元，实现归属于 上市公司股东的净利润分别为9240.83万元、-1.60亿元、-2.87亿元和-3.34亿元，实现归属于上市公司股 东的扣除非经常性损益的净利润分别为9101.09万元、-1.61亿元、-2.86亿元和-3.41亿元。 太和水于2025年4月26日发布公告称，因公司2024年度经审计的扣除非经常性损益前后的净利润均为负 值，且扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入低于3亿元，公司股票将 被实施退市风险警示，实施起始日为2025年4月29日，实施后A股简称为*ST太和。 中国经济网北京7月30日讯*ST太和（605081）(605081.SH)近日披露2025年半年度业绩预亏公告。 经财务部门初步测算，*ST太和预计2025年半年度实现归属于母公司所有者的净利润-3850万元到-5670 万元，上年同期为-1,996万元；预计2025年半年度实现归属于母公司所有者的扣除非经常性损益后的净 利润-3410万元到-5100万元。本次业绩预告所涉及的财务数据未经注册会计师审计 ...

来源：格隆汇APP 格隆汇7月30日丨根据联交所最新权益披露资料显示，2025年7月23日，中州证券(01375.HK)获易方达基 金管理有限公司在场内以每股均价2.8152港元增持183.6万股，涉资约516.87万港元。 增持后，易方达基金管理有限公司最新持股数目为8399万股，持股比例由6.87%上升至7.03%。 | 股份代替: | 01375 | | --- | --- | | 上市法國名稱: | 中原壇券股份有限公司 - H股 | | 日期(日/月/年): | 30/06/2025 - 30/07/2025 | | 麦格里强 | 大股票/董事/愛基行政人員名稱作出破露8 寶入 / 廣出來 步及时 每股83平均價 | | | | 拼有權益的股份數目 佔已發行的 南蘭事件的日期 相關法國股份 資權盧權益 - | | | --- | --- | --- | --- | --- | --- | --- | | | 原因 | | | | ( ) 。 一 有 有 有 有 。 有 。 一 。 一 。 | | | | | | | | 同三分比 | | | | | | | | ( 96 ) | | | CS2025 ...

Core Viewpoint - The document provides a list of major securities firms in China, including their A-share and Hong Kong stock codes, indicating the competitive landscape of the securities industry in China [1] Group 1: Company Listings - Huatai Securities is listed with A-share code 601688.SH and Hong Kong code 6886.HK [1] - China Galaxy Securities has A-share code 601881.SH and Hong Kong code 6881.HK [1] - Shenwan Hongyuan is represented by A-share code 000166.SZ and Hong Kong code 6806.HK [1] - Everbright Securities is identified with A-share code 601788.SH and Hong Kong code 6178.HK [1] - China Merchants Securities has A-share code 600999.SH and Hong Kong code 6099.HK [1] - CITIC Securities is listed with A-share code 600030.SH and Hong Kong code 6030.HK [1] - Orient Securities has A-share code 600958.SH and Hong Kong code 3958.HK [1] - China International Capital Corporation (CICC) is represented by A-share code 601995.SH and Hong Kong code 3908.HK [1] - Guotai Junan is identified with A-share code 601211.SH and Hong Kong code 2611.HK [1] - GF Securities has A-share code 000776.SZ and Hong Kong code 1776.HK [1] - Guolian Securities is listed with A-share code 601456.SH and Hong Kong code 1456.HK [1] - Zhongyuan Securities has A-share code 601375.SH and Hong Kong code 1375.HK [1]

Core Insights - The report highlights the need for further counter-cyclical policies to achieve the annual economic growth target due to pressures from tariffs, real estate, and limited fiscal capacity [5][8] - The implementation of a national childcare subsidy program starting January 1, 2025, aims to support families with children under three years old, providing an annual subsidy of 3,600 yuan per child [5][8] - The report indicates a moderate recovery in the Chinese economy, with consumption and investment as core drivers, and suggests a favorable environment for medium to long-term investments in the A-share market [5][8] Domestic Market Performance - The Shanghai Composite Index closed at 3,597.94 with a slight increase of 0.12%, while the Shenzhen Component Index rose by 0.44% to 11,217.58 [3] - The average P/E ratios for the Shanghai Composite and ChiNext are at 14.76 and 40.96, respectively, indicating a suitable environment for medium to long-term investments [5][8] International Market Performance - Major international indices such as the Dow Jones and S&P 500 experienced declines of 0.67% and 0.45%, respectively, while the Nikkei 225 saw a slight increase of 0.62% [4] Industry Analysis - The report notes a significant increase in the securities sector, with the securities index rising by 8.85% in June, outperforming the Shanghai Composite Index by 6.35 percentage points [14] - The report anticipates a steady increase in brokerage firms' performance in July, driven by a recovery in trading volumes and an increase in margin financing [15] - The automotive industry continues to show growth, with June production and sales figures reflecting increases of 5.50% and 8.12% month-on-month, respectively [17][18] Investment Recommendations - The report recommends focusing on sectors such as technology growth and cyclical manufacturing, as well as high-dividend banks and public utilities for stable returns [5][8] - In the automotive sector, it suggests monitoring policies that promote sustainable development and the impact of new energy vehicle incentives on consumption [19] - The report emphasizes the potential of the gaming, publishing, and IP sectors, highlighting their strong performance and growth prospects [20][21]