炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 证券代码：601555 证券简称：东吴证券 公告编号：2025-045 东吴证券股份有限公司 2025年半年度权益分派实施公告 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。 重要内容提示： ● 每股分配比例 A股每股现金红利0.138元（含税）。 一、通过分配方案的股东大会届次和日期 本次利润分配方案经东吴证券股份有限公司（以下简称"公司"）2025年5月16日的2024年年度股东大会 授权，2025年8月26日召开的第四届董事会第三十二次会议审议通过。 三、相关日期 ■ 四、分配实施办法 （一）实施办法 除自行发放对象外，无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统向股权登记 日上海证券交易所收市后登记在册并在上海证券交易所各会员办理了指定交易的股东派发。已办理指定 交易的投资者可于红利发放日在其指定的证券营业部领取现金红利，未办理指定交易的股东红利暂由中 国结算上海分公司保管，待办理指定交易后再进行派发。 （二）自行发放对象 ● ...

智通财经APP获悉，东吴证券发布研报称，OpenAI正通过模型、应用与投资三大维度的系统性升级， 重塑全球AI产业格局。三线协同驱动AI产业从技术突破迈向平台化与产业化爆发期，全球算力、存储 及高速互联需求进入指数级扩张阶段。AI服务器代工、PCB、光通信、液冷及高速连接器等关键环节将 充分受益于AI基础设施重构，行业景气度有望迎来由量变到质变的跃升，开启新一轮深层次、长期化 的繁荣周期。 东吴证券主要观点如下： OpenAI通过应用、模型与投资三大维度突破，推动AI产业进入新一轮加速期 应用层面，OpenAI推出让ChatGPT成为"新操作系统"的Apps SDK及低代码Agent构建工具，同时GPT Pulse功能使得模型能够进行主动思考，算力消耗将无处不在;模型方面，Sora 2标志着"视频生成的 ChatGPT时刻"，双线布局内容与消费入口，推动AI从被动工具转向主动服务;投资方面，公司与英伟 达、AMD、三星、海力士等进行大规模合作，以股权绑定与大量订单锁定未来算力与存储资源。三重 布局相互协同，标志着AI产业正由技术"奇点时刻"迈向"平台化、应用化、产业化"全面爆发的新阶段。 总体判断短期会加剧对 ...

Core Viewpoint - The recent issuance of the "Guiding Opinions on Promoting the High-Quality Development of Health Insurance" by the National Financial Supervision Administration aims to strengthen regulation and mitigate risks, aligning with the Healthy China strategy [2][4] Regulatory Developments - The guiding opinions set a target for health insurance to play a more significant role in the national health security system by 2030, promoting the coordinated development of group and individual health insurance [2][4] Market Dynamics - Market demand for savings remains strong, and with ongoing regulatory guidance and proactive transformation by insurance companies, liability costs are expected to gradually decrease, alleviating pressure from interest rate spreads [5] - The recent decline in the ten-year government bond yield to approximately 1.86% may ease the pressure on insurance companies' new fixed-income investment returns as the domestic economy recovers [5] Industry Performance - In the first eight months of 2025, total health insurance premiums reached 759.8 billion yuan, reflecting a year-on-year growth of 2.4%, accounting for about 20% of life insurance premiums [4] - The insurance sector's valuation as of September 30, 2025, is projected to be between 0.57-0.86 times PEV and 1.02-2.19 times PB, indicating that the industry is at a historical low and maintaining an "overweight" rating [5] Product Innovation and Collaboration - The guiding opinions encourage the development of various health insurance products, including commercial medical insurance, long-term care insurance, and disease insurance, while promoting collaboration between health insurance and the medical industry [3][4] - The reintroduction of dividend-type health insurance products is expected to enhance product attractiveness and stimulate market growth potential [4]

Group 1 - The core point of the announcement is that Dongwu Securities has declared a cash dividend of 0.138 yuan per share (including tax) for the first half of 2025 [1] - The record date for the dividend distribution is set for October 14, 2025 [1] - The ex-dividend date and the date of cash dividend payment are both scheduled for October 15, 2025 [1]

Core Points - The company announced a cash dividend distribution of 0.138 yuan per share (including tax) for A shares [2] - The total cash dividend to be distributed amounts to 686 million yuan (including tax), based on a total share capital of 4.969 billion shares prior to the distribution [3] Related Dates - The record date for the shares is October 14, 2025, with the ex-dividend date and cash dividend payment date both set for October 15, 2025 [3]

东吴证券股份有限公司 2025 年第一次临时股东大会 会议材料 二〇二五年十月 | 股东大会议程 2 | | --- | | 2025 年第一次临时股东大会会议须知 4 | | 议案一 关于公司符合向特定对象发行 A 股股票条件的议案 6 | | 议案二 关于公司向特定对象发行 A 股股票方案的议案 7 | | 议案三 关于公司向特定对象发行 A 股股票预案的议案 12 | | 议案四 关于公司向特定对象发行 A 股股票方案论证分析报告的议案 51 | | 议案五 关于公司向特定对象发行 A 股股票募集资金使用可行性分析报告的议案 | | 69 | | 议案六 关于前次募集资金使用情况专项报告的议案 79 | | 议案七 关于公司与特定对象签署《附生效条件的向特定对象发行 A 股股票之股份 | | 认购协议》暨关联交易的议案 89 | | 议案八 关于公司向特定对象发行 A 股股票摊薄即期回报及填补措施与相关主体承 | | 诺的议案 90 | | 议案九 关于提请股东大会授权董事会办理本次向特定对象发行 A 股股票相关事宜 | | 的议案 100 | | 议案十 关于公司未来三年（2025-2027 年）股东 ...

证券代码：601555 证券简称：东吴证券 公告编号：2025-045 东吴证券股份有限公司 2025年半年度权益分派实施公告 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。 重要内容提示： ● 每股分配比例 A 股每股现金红利0.138元（含税）。 ● 相关日期 1 （三）分配方案 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/10/14 | － | 2025/10/15 | 2025/10/15 | ● 差异化分红送转： 否 一、通过分配方案的股东大会届次和日期 本次利润分配方案经东吴证券股份有限公司（以下简称"公司"）2025 年 5 月 16 日的2024年年度股东大会授权，2025 年8 月 26 日召开的第四届董事会第三十二 次会议审议通过。 二、分配方案 （一）发放年度：2025年半年度 （二）分派对象 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司 ...

证券代码：601555 证券简称：东吴证券 公告编号：2025-046 东吴证券股份有限公司 关于召开2025年第一次临时股东大会的通知 ● 股东大会召开日期：2025 年 10 月 16 日 ● 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 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。 重要内容提示： 一、召开会议的基本情况 （一）股东大会类型和届次 2025年第一次临时股东大会 （二）股东大会召集人：董事会 （三）投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合 的方式 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 16 日 14 点 30 分 召开地点：江苏省苏州工业园区星阳街 5 号 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 10 月 16 日 1 至2025 年 10 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开 ...

Core Points - Dongwu Securities announced the implementation of the 2025 semi-annual profit distribution plan, with a total share capital of 4,968,702,837 shares as the basis for distribution [1] - The cash dividend per share is set at 0.138 yuan (including tax), totaling a cash dividend distribution of 685,680,991.51 yuan (including tax) [1] - The record date for the distribution is October 14, 2025, with the ex-dividend date and cash dividend payment date on October 15, 2025 [1] - The dividends will be distributed by China Securities Depository and Clearing Corporation Limited, Shanghai Branch, for shareholders who do not distribute dividends themselves [1] - Different types of shareholders have varying tax deduction methods, such as individual shareholders and fund shareholders being exempt from individual income tax if they hold shares for more than one year [1]

Core Viewpoint - Hong Kong Travel (00308) is positioned as a leading integrated cultural tourism investment and operation platform, backed by the state-owned China Travel Group, with plans for future growth in domestic and international tourism projects [1] Company Summary - The company is expected to achieve net profits attributable to shareholders of HKD 270 million, HKD 420 million, and HKD 600 million for the years 2025-2027, corresponding to price-to-earnings ratios of 32, 21, and 15 times respectively [1] - The company is anticipated to continue expanding its portfolio of quality tourism assets, which justifies a certain valuation premium, leading to an initial "Buy" rating [1] Industry Summary - In the first half of 2025, domestic travel volume and total spending by tourists are projected to increase by 20.6% and 15.2% year-on-year, respectively, indicating a steady growth trend in tourism despite high base effects [1] - The implementation of service consumption policies is expected to help unlock the potential for cultural tourism consumption [1] - The company has a nationwide presence in scenic areas, achieving an integrated operation model [1] - Revenue projections for 2024 across various segments are as follows: theme parks at HKD 596 million, natural and cultural tourism at HKD 1.241 billion, leisure and vacation at HKD 458 million, and supporting services for scenic areas at HKD 50 million [1]