中原证券股份有限公司 2024 年度独立董事述职报告 贺 俊 作为中原证券股份有限公司（以下简称"公司"）的独立 董事，本人严格按照《公司法》《上市公司独立董事管理办 法》《上市公司治理准则》《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引第 1 号—规范运 作》以及《公司章程》等有关规定，忠实、勤勉的履行职责， 充分发挥独立董事作用，积极维护公司的整体利益和全体股 东的合法权益，推动公司的持续健康发展。现将 2024 年度 履职情况报告如下： 一、独立董事的基本情况 报告期内，本人均亲自出席会议，勤勉履行职责。在公 司董事会及股东大会召开前及会议期间，与公司积极沟通， 及时获取会议资料等相关信息，认真审议相关议案，审慎决 策并发表意见。具体会议出席情况如下： 1. 出席股东大会及董事会会议情况 2024 年度，公司共召开董事会 10 次会议，召开股东大 会会议 3 次。本人以谨慎的态度行使表决权，对任职期间董 事会各项议案及公司其他事项均投了赞成票，无提出异议的 事项，也无反对、弃权的情形。 （一）基本情况 本人贺俊，1976 年 12 月出生，中国社会科学院研究生 院产业经济学博士，入 ...

一、独立董事的基本情况 （一）基本情况 中原证券股份有限公司 本人张东明（离任），女，1953 年出生，经济学博士学 位。现为中国财政科学研究院（原财政部财政科学研究所） 退休研究员。1969 年 9 月参加工作，曾先后为牡丹江空军五 七干校工人、北京市东城区委工业交通部干部、财政部财政 科学研究所研究生部科长、教务处副处长、处长，高级经济 师、研究员，外国财政研究中心研究员。 （二）是否存在影响独立性的情况说明 1 2024 年度独立董事述职报告 张东明（离任） 作为中原证券股份有限公司（以下简称"公司"）的独立 董事，本人严格按照《公司法》《上市公司独立董事管理办 法》《上市公司治理准则》《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引第 1 号—规范运 作》以及《公司章程》等有关规定，忠实、勤勉的履行职责， 充分发挥独立董事作用，积极维护公司的整体利益和全体股 东的合法权益，推动公司的持续健康发展。现将截至 2024 年 12 月 2 日的履职情况报告如下： 2024 年任期内，本人作为公司独立董事任职期间，符合 《上市公司独立董事管理办法》第六条规定的独立性要求， 不存在影响独立性 ...

中原证券股份有限公司 2024 年度独立董事述职报告 曾 崧 作为中原证券股份有限公司（以下简称"公司"）的独立 董事，本人严格按照《公司法》《上市公司独立董事管理办 法》《上市公司治理准则》《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引第 1 号—规范运 作》以及《公司章程》等有关规定，忠实、勤勉的履行职责， 充分发挥独立董事作用，积极维护公司的整体利益和全体股 东的合法权益，推动公司的持续健康发展。现将 2024 年度 履职情况报告如下： 一、独立董事的基本情况 （一）基本情况 本人曾崧，1972 年 7 月出生，香港中文大学工商管理学 士及英国伯明翰大学工商管理（国际银行与金融）硕士学位， 现任公司独立董事，溢达中国控股有限公司董事长兼溢达集 团董事总经理。1996 年 10 月参加工作，拥有丰富的战略管 理、企业运营及人力资源管理经验。曾任美国评值公司亚太 区总裁助理、中国区总经理，全校网（北京）信息科技有限 公司营运总监，慧科管理咨询有限公司副总裁，2002 年加入 1 溢达集团，历任分支机构总经理、集团首席人力资源官及集 团全球销售董事总经理职务。 （二）是否存在影响独立性的 ...

Core Viewpoint - The company plans to distribute a cash dividend of RMB 0.017 per share for the 2024 fiscal year, with a total cash dividend amounting to RMB 106,786,348.10, which represents 43.44% of the net profit attributable to shareholders of the parent company for the year [1][2]. Profit Distribution Plan - The proposed profit distribution plan is based on the total share capital registered on the equity distribution record date, with the specific date to be announced later [1]. - The total distributable profit for the parent company as of December 31, 2024, is RMB 641,196,938.16, and the total share capital is 4,642,884,700 shares [1]. - The cash dividend distribution for 2024 includes previously distributed cash dividends of RMB 27,857,308.20 for the first half of the year [1]. Historical Comparison - The total cash dividend for 2024 is significantly higher than the previous years, with 2023's total cash dividend being RMB 65,000,385.80 and 2022's at RMB 32,500,192.90 [2]. - The cumulative cash dividends over the last three accounting years amount to RMB 204,286,926.80 [2]. Risk Warning Compliance - The company has confirmed that it does not fall under any risk warning scenarios as per the Shanghai Stock Exchange Listing Rules [1][3]. Decision-Making Process - The board of directors and the supervisory board have approved the profit distribution proposal, which will be submitted to the shareholders' meeting for final approval [3]. - The company will distribute cash dividends within two months after the shareholders' meeting approval, with specific dates to be announced later [3]. Supervisory Board Opinion - The supervisory board believes that the profit distribution plan complies with relevant laws and regulations and does not harm the interests of the company or its investors [3].

Core Viewpoint - The board of directors of Zhongyuan Securities held its 33rd meeting of the 7th session, where multiple key reports and proposals for the year 2024 were approved, all receiving unanimous support from the attending directors [1][2][3][4][5][6] Group 1: Reports and Proposals Approved - The 2024 Annual Board Work Report was approved with 8 votes in favor [1] - The 2024 Annual General Manager Work Report was approved with 8 votes in favor [1] - The 2024 Annual Independent Director Work Report was approved with 8 votes in favor [2] - The 2024 Annual Report (A Shares) was approved with 8 votes in favor [2] - The 2024 Annual Report (H Shares) and performance announcement as of December 31, 2024, were approved with 8 votes in favor [2] - The 2024 Annual Audit Committee Work Report was approved with 8 votes in favor [3] - The 2024 Annual Risk Control Committee Work Report was approved with 8 votes in favor [3] - The 2024 Annual Development Strategy Committee Work Report was approved with 8 votes in favor [3] - The 2024 Annual Compensation and Nomination Committee Work Report was approved with 8 votes in favor [4] - The 2024 Annual Compliance Report was approved with 8 votes in favor [4] - The 2024 Annual Social Responsibility Report and ESG Report were approved with 8 votes in favor [4] - The 2024 Annual Financial Settlement Report was approved with 8 votes in favor [5] - The 2025 Annual Financial Budget Report was approved with 8 votes in favor [5] - The 2024 Annual Anti-Money Laundering Work Report was approved with 8 votes in favor [5] Group 2: Performance and Risk Management - The proposal to determine the performance assessment targets for senior management for 2025 was approved with 8 votes in favor [2] - The proposal regarding the authorization to set up brokerage business branches was approved with 8 votes in favor [5] - The proposal to determine the risk appetite and risk tolerance for 2025 was approved with 8 votes in favor [5] - The proposal to determine the scale and risk limits for proprietary securities business for 2025 was approved with 8 votes in favor [5] - The proposal to authorize the convening of the 2024 Annual General Meeting was approved with 8 votes in favor [6]

证券代码： 601375 证券简称： 中原证券 公告编号：2025-004 具体内容请参阅与本公告同日披露的《中原证券股份有限公司 2024 年度独 立董事述职报告》。 表决结果：同意 8 票，反对 0 票，弃权 0 票。 本议案事先经公司董事会发展战略委员会预审通过。 本议案需提交股东大会审议。 二、审议通过了《2024 年度总经理工作报告》 表决结果：同意 8 票，反对 0 票，弃权 0 票。 本议案事先经公司董事会发展战略委员会预审通过。 三、审议通过了《2024 年度独立董事述职报告》 表决结果：同意 8 票，反对 0 票，弃权 0 票。 中原证券股份有限公司 第七届董事会第三十三次会议决议公告 中原证券股份有限公司（以下简称"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。 公司第七届董事会第三十三次会议于 2025 年 3 月 28 日以现场结合通讯表 决方式召开。2025 年 3 月 14 日，公司以电子邮件的形式向全体董事发出会议通 知。会议应出席董事 8 人，实际出席董事 8 人。本次会议的召集、召开及表决 ...

Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.17 per 10 shares, totaling RMB 78,929,039.90 based on a total share capital of 4,642,884,700 shares[5]. - For the fiscal year 2024, the total cash dividend per 10 shares is RMB 0.23, inclusive of tax[5]. - The company does not plan to increase capital reserves or issue bonus shares in the current dividend proposal[5]. Financial Reporting and Audit - The company has received a standard unqualified audit opinion from the auditing firm, indicating the financial report's accuracy and completeness[5]. - The financial report is prepared in accordance with Chinese accounting standards and has been reviewed by the audit committee[5]. - There are no instances of non-operational fund occupation by controlling shareholders or related parties during the reporting period[6]. Risk Management - The company faces significant risks related to domestic and international economic conditions, capital market fluctuations, and regulatory policy adjustments[10]. - The company has established a comprehensive risk management system to ensure operations are conducted within manageable risk levels[12]. - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors[5]. Business Qualifications and Market Position - The company holds various business qualifications, including securities brokerage, investment consulting, and asset management, which are crucial for its operational capabilities[27]. - The company has been approved for multiple business qualifications by the China Securities Regulatory Commission, including IPO underwriting and securities asset management, enhancing its market position[28]. - The company aims to leverage its diverse business qualifications to capture more market share in the competitive financial services sector[28]. Operational Expansion - The company is actively involved in market expansion and has established a presence in both domestic and international markets, which is expected to drive future growth[30]. - The company continues to expand its operations, with new branches established in cities like Chengdu and Nanjing in recent years[52]. - The company operates a total of 74 branches across 9 provinces, autonomous regions, and municipalities in China, with 64 branches located in Henan province[54]. Financial Performance - The company reported a significant increase in revenue, achieving a total of $1.5 billion, representing a 20% year-over-year growth[55]. - The company's operating revenue for 2024 was CNY 1,689,925,164.42, a decrease of 14.13% compared to CNY 1,968,016,572.87 in 2023[68]. - Net profit attributable to shareholders of the parent company increased by 16.18% to CNY 245,847,400.51 in 2024 from CNY 211,601,553.51 in 2023[68]. Customer Engagement and Satisfaction - User data showed an increase in active users, reaching 5 million, which is a 15% increase compared to the previous quarter[56]. - Customer satisfaction ratings improved to 85%, reflecting a 5% increase from the last quarter[58]. - The company has reported a steady growth in user data, reflecting an increase in customer engagement and satisfaction[54]. Investment and Research - The company is investing in new technology development, allocating $50 million towards R&D initiatives[59]. - The company is committed to ongoing research and development of new financial products and technologies[54]. - The company plans to strengthen its investment research team while balancing product innovation and risk control[118]. Financial Stability and Liquidity - The liquidity coverage ratio increased to 286.47% from 198.96% year-over-year, demonstrating enhanced liquidity management[72]. - The debt-to-asset ratio improved to 59.35% in 2024 from 64.77% in 2023, indicating better financial stability[77]. - The net cash flow from operating activities improved significantly to CNY 4,168,168,660.39 in 2024, compared to a negative CNY 467,298,168.05 in 2023[68]. Strategic Initiatives - The company is actively pursuing strategic partnerships and potential acquisitions to bolster its market position[54]. - The company aims to enhance its service capabilities for small and medium-sized enterprises and high-tech companies in Henan, targeting a reduction in financing costs[114]. - The company is focusing on strategic transformation and risk mitigation to achieve steady growth in operating performance[103]. Market Trends and Outlook - The company is optimistic about future growth prospects, driven by its expansion strategy and market demand[54]. - The overall operating environment for the securities industry is expected to improve significantly in the fourth quarter of 2024, with a likely stabilization and recovery in annual performance compared to the first three quarters[149]. - The central government has emphasized the importance of boosting the capital market and stabilizing the stock market as part of its macroeconomic policy for 2025[148].

Core Points - Zhongyuan Securities is set to appoint Zhang Qiuyun as the new chairman, following a recommendation from the Henan Provincial Committee of the Communist Party of China [1][2] - The company has experienced a wave of executive changes, with nearly 20 securities firms undergoing leadership transitions since April 2024, many of which have appointed leaders born in the 1970s [1][4][5] Company Overview - Zhang Qiuyun, born in 1972, currently serves as a director at Zhongyuan Securities and is the deputy general manager of its controlling shareholder, Henan Investment Group, which holds 22.05% of Zhongyuan Securities [2] - The current chairman, Lu Zhilin, born in 1966, has been with Zhongyuan Securities for over 22 years and has held the chairman position since July 2023 [3] Financial Performance - Zhongyuan Securities has faced challenges, with its revenue and net profit declining in the first three quarters of 2024. Revenue was reported at 1.292 billion yuan, a decrease of 12.51% year-on-year, while net profit was 1.632 billion yuan, down 21.69% year-on-year [3] Regulatory Issues - In October 2024, Zhongyuan Securities was suspended from bond underwriting for six months due to multiple violations in its bond business, including inadequate checks on issuers' repayment capabilities and issues with quality control [3] Industry Trends - The securities industry is witnessing a significant turnover in leadership, with many firms appointing new executives due to retirement, personal adjustments, and shareholder changes. Notably, over half of the firms have appointed leaders from the 1970s generation [5][6]

Core Viewpoint - The appointment of Zhang Qiuyun as the new chairman of Zhongyuan Securities highlights the frequent turnover of key executives in recent years, reflecting the company's struggle with structural challenges and the need for strategic transformation [1][6][8]. Executive Changes - The tenure of Lu Zhili as chairman was notably short, lasting less than two years, compared to his predecessor who served for 11 years [2]. - Zhongyuan Securities has experienced significant fluctuations in performance, with a net profit of 5.13 billion yuan in 2021, followed by a drastic drop to 1.07 billion yuan in 2022, indicating underlying issues in business structure and risk management [2]. - The company reported a revenue of 1.968 billion yuan in 2023, a year-on-year increase of 4.62%, with a net profit of 212 million yuan, up 98.54% from the previous year, primarily driven by proprietary trading [2][5]. Performance Trends - In the first three quarters of 2024, major revenue sources showed declines, with proprietary trading income down 38% to 403 million yuan, and asset management and investment banking fees dropping by 46.43% and 24.77%, respectively [5]. - The stock performance of Zhongyuan Securities has been lackluster since its listing in 2017, attributed to profit volatility and unclear positioning in a competitive market [7]. Management Strategy - The frequent changes in management, including the chairman and general manager positions, suggest a strategic attempt to introduce new perspectives and accelerate organizational transformation [6]. - The new chairman, Zhang Qiuyun, has a diverse background in education, government, and finance, which may bring fresh insights to the company's governance and strategy [9]. - The recommendation of Zhang by the provincial government indicates a stronger influence of major shareholders in guiding the company's future direction [8].

其履历显示，此次获推荐为该公司董事长人选的女士张秋云，生于1972年，个人简历比较丰富，存在着较多"跨界"的印 记。张秋云目前为中原证券的董事、河南投资集团副总经理。过往履历来看，她最早担任过开封市第一中学教师、河南 省发改委财政金融处任副调研员、副处长，河南省宏观经济研究院党支部书记，中国（河南）自由贸易试验区郑州片区 管委会常务副主任，自2019年6月至今任河南投资集团有限公司金融管理部主任，自2022年9月至今任河南中原金融控股 有限公司董事长，2020年6月至2021年11月任中原证券监事。 张秋云目前是河南投资集团副总经理，而河南投资集团直接和间接持有中原证券有表决权股份占中原证券总股份的 22.05%，是中原证券的控股股东。 从教师到券商董事长，中原证券新任70后女掌门能否扭转业 绩颓势？ 又一家券商要更换董事长了。 3月25日晚间，中原证券公告，近日，该公司收到中共河南省委相关文件，推荐张秋云为中原证券董事长人选。 其中，第三季度实现营业收入9370.15万元，同比下降78.28%，归属于上市公司股东的净利润亏损3809.55万元。据悉， 中原证券第三季度发生亏损，主要是受到自营业务的影响，投资 ...