我们邀请了新业证券的国关班总来参加这次交流我们首先请班总介绍一下公司最新的三级报的经营情况有请班总好的谢谢尊敬的各位投资者朋友古今飞影大家下午好非常高兴能够有机会在此跟各位进行一个沟通交流那下面我 就为大家简要介绍一下公司近年来的一些发展战略和今年的经营概况今年来公司致力于打造一流证券金融集团然后为境内外各类客户提供全方位的综合金融服务公司是持续完善以客户为中心的财富管理与大机构业务的双轮驱动业务体系并在此基础上能强化大机构业务 与大财富业务的双向赋能推动实现专业优势与资源秉赋的深层次融通并且我们分公司也是加速推进战略转型工作持续提升区域平台的价值公司高度重视区域综合经营平台的战略重要性强调自上而下赋能分公司做大做强在合规的前提下进一步推动 业务承担职责下放分公司客户和人才等业务资源也下承分公司集团的业务协同也在逐步的进一步深化一体化性管理水平也是在全面提升公司持续强化集团协同顶层机制的建设持续营造集团内高效协同环境聚焦核心主业突出重点 不断的优化协同的标准注重协同提示增效然后整个业务层面的话咱们管理业务方面是聚焦做好数据金融的大文章推进以客户为中心平台为载体数字为引擎的数字化建设有效推进分层分类的咱们管理客 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has experienced a significant increase in client margin, while self-operated investment returns have rebounded. The report highlights a year-on-year increase in investment income, which supports the overall performance despite a decline in brokerage and investment banking revenues [4][5] Summary by Sections Financial Performance - For the first three quarters of 2024, the company's operating income and net profit attributable to shareholders were 8.8 billion and 1.3 billion CNY, respectively, showing a year-on-year decline of 1% and 17%. In Q3 alone, the net profit was 380 million CNY, marking a turnaround from losses but a 38% decrease quarter-on-quarter [4] - The annualized weighted average ROE for the first three quarters was 3.08%, down 0.9 percentage points year-on-year, with an end-period leverage ratio (excluding client margin) of 3.7 times, a decrease of 0.03 times from the beginning of the year [4] Revenue Breakdown - Brokerage business net income for the first three quarters was 1.3 billion CNY, down 26% year-on-year, with Q3 net income at 400 million CNY, down 29% year-on-year and 16% quarter-on-quarter, primarily due to weak market trading volumes [5] - Investment banking net income was 440 million CNY, down 43% year-on-year, with Q3 income at 180 million CNY, down 7% year-on-year but up 22% quarter-on-quarter [5] - Asset management business net income was 120 million CNY, up 6% year-on-year, driven by growth in AUM, which reached 86.2 billion CNY in H1 2024, an increase of 2% from the beginning of the year [5] Investment Income - Net interest income for the first three quarters was 880 million CNY, down 39% year-on-year, attributed to a decrease in interest income from bank deposits and an increase in interest expenses [6] - Investment income (including fair value gains and losses) was 2.22 billion CNY, up 163% year-on-year, with Q3 alone contributing 1.03 billion CNY, a 21% increase quarter-on-quarter [6] - The annualized self-operated investment return rate for the first three quarters was 3.4%, up from 2.7% in H1 2024, influenced by the stock market's rise at the end of September [6] Future Projections - The report has revised the net profit forecasts for 2024-2026 to 2.2 billion, 2.7 billion, and 3.3 billion CNY, respectively, from previous estimates of 1.8 billion, 2.6 billion, and 2.8 billion CNY. The EPS is projected to be 0.25, 0.31, and 0.38 CNY for the respective years [4]

Financial Performance - Operating revenue for Q3 2024 reached ¥3,419,390,674.86, an increase of 78.26% compared to the same period last year[2] - Net profit attributable to shareholders was ¥378,324,332.11, a decrease of 16.51% year-to-date[2] - Basic earnings per share for Q3 2024 was ¥0.0408, down 21.46% year-to-date[2] - The company reported a decrease in net profit attributable to shareholders after excluding non-recurring gains, indicating a challenging market environment despite revenue growth[5] - Net profit for the first three quarters of 2024 was CNY 1,844,437,047.91, a decrease of 14.5% from CNY 2,155,275,954.87 in the same period of 2023[15] - Total operating revenue for the first three quarters of 2024 was CNY 8,810,573,684.28, a slight decrease of 0.52% compared to CNY 8,856,388,285.17 in the same period of 2023[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥290,781,270,948.46, reflecting a 6.28% increase from the previous year[2] - The total liabilities increased to RMB 228.95 billion from RMB 212.64 billion, reflecting a rise of approximately 7.7%[13] - The total equity attributable to shareholders increased to RMB 56.94 billion from RMB 56.37 billion, showing a growth of about 1.0%[13] - The company's cash and cash equivalents amounted to RMB 79.97 billion, up from RMB 69.48 billion, indicating a growth of about 15.5%[12] Cash Flow - Cash flow from operating activities for the year-to-date increased by 710.55% compared to the previous year, primarily due to net inflows from trading financial instruments[5] - The net cash flow from operating activities was CNY 34,260,213,938.67, significantly higher than the previous year's cash outflow[7] - The net increase in cash and cash equivalents for the period was ¥11.90 billion, a recovery from a decrease of -¥5.24 billion in the previous year[18] - The net cash flow from investment activities was -¥18.08 billion, compared to -¥11.69 billion in the previous year, indicating a significant increase in cash outflow[18] - Total cash inflow from financing activities decreased to ¥35.52 billion from ¥41.99 billion year-over-year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 237,467[8] - The largest shareholder, Fujian Provincial Finance Department, holds 20.49% of the shares, totaling 1,769,854,917 shares[8] - The company plans to distribute a cash dividend of RMB 0.30 per share, based on a total share capital of 8,635,987,294 shares[11] Investment and Other Income - Non-recurring gains totaled ¥3,000,566.34 for the current period, with government subsidies being a significant contributor[4] - Other business income increased by 40.66% to CNY 2,172,894,961.33 from CNY 1,544,806,740.73, mainly due to an increase in bulk commodity sales revenue[6] - The company reported a 263.29% increase in fair value changes income to CNY 3,145,341,790.85 from CNY 865,799,674.99[6] - Investment losses amounted to CNY -923,111,817.15, compared to a loss of CNY -27,875,759.76 in the same period last year[15] Changes in Financial Metrics - The risk coverage ratio decreased to 256.87% from 320.95% year-on-year[3] - The weighted average return on equity for Q3 2024 was 0.66%, an increase of 1.04 percentage points year-on-year[2] - Net interest income decreased by 38.56% to CNY 878,897,169.42 from CNY 1,430,442,415.70, attributed to a decrease in bank deposit interest income and an increase in bond interest expenses[7] - Net commission and fee income fell to CNY 3,491,703,028.03, a decline of 26.9% from CNY 4,779,737,987.92 in the previous year[14]

证券代码：601377 证券简称：兴业证券 公告编号：临 2024-031 兴业证券股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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个别及连带责任。 重要内容提示： 投资者可于 2024 年 11 月 7 日(星期四)至 11 月 13 日(星期三)16:00 前登录上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 xyzqdmc@xyzq.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 三、参加人员 会议召开时间：2024 年 11 月 14 日(星期四)16:00-17:00 会议召开地点：上证路演中心（https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 公司总裁刘志辉先生、董事会秘书林朵女士、首席财务官许清春先生、独立 董事潘越女士、独立董事董希淼先生、独立董事姚辉先生 ...

本期发行的相关文件已在中国货币网（www.chinamoney.com.cn）、上海清算 所网站（www.shclearing.com.cn）上刊登。 特此公告。 兴业证券股份有限公司 证券代码：601377 证券简称：兴业证券 公告编号：临 2024-030 兴业证券股份有限公司 关于 2024 年度第三期短期融资券发行结果的公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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个别及连带责任。 兴业证券股份有限公司 2024 年度第三期短期融资券已于 2024 年 10 月 29 日 发行完毕，现将有关发行情况公告如下： | 短期融资券名称 | 兴业证券股份有限公司 | | | 2024 年度第三期短期融资券 | | | | --- | --- | --- | --- | --- | --- | --- | | 短期融资券简称 | 24 兴业证券 CP003 | | | 短期融资券代码 072410199 | | | | 发行日 | 2024 年 10 月 | 28 | 日 | 起息日 2024 | 年 | 10 月 29 日 | | 兑付 ...

中国经济网北京10月28日讯誉辰智能(688638.SH)近日披露2024年第三季度报告。前三季度，公司实现 营业收入4.34亿元，同比下降47.26%；归属于上市公司股东的净利润-6840.38万元，同比下降267.27%； 归属于上市公司股东的扣除非经常性损益的净利润-7300.73万元，同比下降303.56%；经营活动产生的 现金流量净额-1.28亿元。 第三季度，公司实现营业收入1.42亿元，同比下降46.99%；归属于上市公司股东的净利润-2313.80万 元，同比下降459.92%；归属于上市公司股东的扣除非经常性损益的净利润-2508.78万元，同比下降 593.50%；经营活动产生的现金流量净额3595.35万元。 誉辰智能于2023年7月12日在上交所科创板上市，发行数量为1,000.00万股，发行价格为83.90元/股，保 荐人（主承销商）为兴业证券股份有限公司，保荐代表人为尹涵、王海桑。 上市首日，誉辰智能盘中最高价报84.20元，为该股上市以来最高价。此后，该股股价一路震荡下滑。 该股目前处于破发状态。 誉辰智能首次公开发行股票募集资金总额83,900.00万元，扣除发行费用后，募集资 ...

证券时报网讯，该机构表示，在反转逻辑的大框架下，我们要关注的是这轮行情能走多长，而不是要看 短期有多高。 围绕着反转逻辑，资本市场和资产负债表以及中国经济要形成一种良性的正面循环，需要更长久的行 情，而不是短期暴利。 但是中国经济的好转不是一蹴而就的，所以，行情震荡向上，才能走得更远。 本轮上涨或将由多个阶段性的"快涨、大波动"的震荡市构成，底部逐步抬升、拾级而上。 中国经济运行中的问题化解需要时间，所以，行情向上难免有颠簸，阶段性快涨之后的大波动大分化， 其实是等一等股市和经济的良性互动，有助于行情走得更远。 校对：王蔚 ...

关于 2024 年度第二期短期融资券发行结果的公告 证券代码：601377 证券简称：兴业证券 公告编号：临 2024-029 兴业证券股份有限公司 本期发行的相关文件已在中国货币网（www.chinamoney.com.cn）、上海清算 所网站（www.shclearing.com.cn）上刊登。 本公司及董事会全体成员保证公告内容不存在虚假记载、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个别及连带责任。 董 事 会 兴业证券股份有限公司 2024 年度第二期短期融资券已于 2024 年 10 月 22 日 发行完毕，现将有关发行情况公告如下： 特此公告。 | 短期融资券名称 | | 兴业证券股份有限公司 | | | 2024 年度第二期短期融资券 | | | --- | --- | --- | --- | --- | --- | --- | | 短期融资券简称 | 24 兴业证券 | | | CP002 | 短期融资券代码 | 072410188 | | 发行日 | 2024 年 10 | 月 | | 21 日 | 起息日 | 2024 年 10 月 22 日 | | 兑付日 | 2 ...

2024年5月31日 | 索 | 引 | 号 | bm56000001/2024-00012958 分 | 类 | | --- | --- | --- | --- | --- | | | 发布机构 | | 发文日期 | | | 名 | | 称 | 关于对兴业证券股份有限公司采取出具警示函措施的决定 | | | 文 | | 号 | 主 题 | 词 | 关于对兴业证券股份有限公司采取出具警示函措施的决定 兴业证券股份有限公司： 经查，我会发现你公司存在部分项目发行保荐报告未完整披露立项、质 控、内核审查问题、薪酬考核制度设计不合理等问题，上述情况违反了《证券 公司投资银行类业务内部控制指引》第四条、第二十八条的规定。按照《证券 公司和证券投资基金管理公司合规管理办法》第三十二条的规定，我会决定对 你公司采取出具警示函的行政监督管理措施。你公司应加强对投资银行业务的 内控管理，对相关责任人员进行内部问责。 如果对本监督管理措施不服，可以在收到本决定书之日起60日内向我会提 出行政复议申请，也可以在收到本决定书之日起6个月内向有管辖权的人民法 院提起诉讼。复议与诉讼期间，上述监督管理措施不停止执行。 中国证监会 【打 ...

三、公司应当按月向中国证监会证券基金机构监管司和福建证监局报送互换便利 资金运用情况。参与互换便利过程中，如遇重大情况和问题，应及时向中国人民银行 和中国证监会报告。 特此公告。 关于参与互换便利业务获得中国证监会复函的公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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个别及连带责任。 2024年10月18日，兴业证券股份有限公司（以下简称"公司"）获得中国证券监 督管理委员会《关于兴业证券股份有限公司参与互换便利有关事项的复函》（机构司 函〔2024〕1885号），具体内容如下： 一、对公司参与互换便利（SFISF）无异议。公司应当根据《关于做好证券、基 金、保险公司互换便利相关工作的通知》等业务安排，结合自身战略和风险承受能力 ，合理确定申请额度，经中国人民银行同意后实施。 二、公司参与互换便利应严格遵守中国人民银行和中国证监会的相关规定和要求 ，在批准的额度范围内，于指定交易场所开展互换便利相关交易，不得利用互换便利 工具从事违法违规行为。 证券代码：601377 证券简称：兴业证券 公告编号：临 2024-028 兴业证券股份有限公 ...