证券代码：601696 证券简称：中银证券 公告编号：2025-050 中银国际证券股份有限公司 2025 年度第三期短期融资券发行结果公告 2、上海清算所网站（http://www.shclearing.com.cn）。 特此公告。 中银国际证券股份有限公司董事会 2025 年 11 月 11 日 1 中银国际证券股份有限公司 2025 年度第三期短期融资券已于 2025 年 11 月 10 日发行完毕，相关发行情况如下： | 债券名称 | | | 中银国际证券股份有限公司 | | 2025 | | | 年度第三期短期融资券 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 债券简称 | 中银证券 25 | | CP003 | | 债券代码 | | 072510273 | | | | | 发行日 | 年 2025 | 11 | 月 7 | 日 | 起息日 | 2025 | 月 | 年 | 11 | 日 10 | | 到期日 | 2026 年 | 11 月 | 10 | 日 | 期限 | | 年 | | 1 ...

Core Viewpoint - Anjiu Food's stock price increased by 5% to 77.89 yuan per share, with a trading volume of 886 million yuan and a market capitalization of 25.96 billion yuan as of November 10 [1] Company Overview - Anjiu Food Group Co., Ltd. is located in Xiamen, Fujian Province, China, and was established on December 24, 2001, with its listing date on February 22, 2017 [1] - The company specializes in the research, production, and sales of frozen food, including products such as fish tofu, fish balls, and various frozen dishes [1] - The revenue composition of the company includes: - Frozen prepared foods: 49.43% - Frozen dishes: 31.77% - Frozen noodle and rice products: 16.32% - Agricultural and sideline products: 2.38% - Others: 0.09% [1] Fund Holdings - A fund under Bank of China Securities holds a significant position in Anjiu Food, with 2,600 shares representing 0.38% of the fund's net value, ranking as the tenth largest holding [2] - The fund, Zhongyin Securities Xinrui 6-Month Holding A, has a total scale of 32.94 million yuan and has achieved a year-to-date return of 3.3% [2] Fund Manager Profile - The fund manager, Wang Wenhua, has a tenure of 11 years and 30 days, managing assets totaling 5.288 billion yuan [3] - The best fund return during Wang's tenure is 28.07%, while the worst return is -4.56% [3]

Company Overview - Shenzhen Anpeilong Technology Co., Ltd. is located in Pingshan District, Shenzhen, Guangdong Province, and was established on November 15, 2004. The company specializes in the research, production, and sales of thermal resistors, temperature sensors, oxygen sensors, and pressure sensors [1] - The company's main business revenue composition is as follows: pressure sensors account for 52.79%, thermal resistors and temperature sensors 45.39%, and oxygen sensors and others 1.82% [1] Stock Performance - On November 10, Anpeilong's stock price fell by 5.01%, closing at 128.71 CNY per share, with a trading volume of 376 million CNY and a turnover rate of 4.96%. The total market capitalization is 12.665 billion CNY [1] Fund Holdings - According to data, one fund under Bank of China Securities holds a significant position in Anpeilong. The fund, BOC Securities Vision Value Mixed A (014179), held 10,900 shares as of the third quarter, accounting for 2.41% of the fund's net value, making it the ninth-largest holding [2] - The fund has a total scale of 69.7622 million CNY and has achieved a year-to-date return of 43.04%, ranking 1597 out of 8219 in its category. Over the past year, it has returned 30.64%, ranking 2116 out of 8125 [2] Fund Manager Information - The fund manager of BOC Securities Vision Value Mixed A is Liu Hang, who has been in the position for 2 years and 323 days. The total asset scale of the fund is 156 million CNY, with the best return during his tenure being -7.95% and the worst -11.59% [3]

Group 1 - The core point of the news is that XINWANDA's stock price has dropped by 5.01%, currently trading at 34.70 CNY per share, with a total market capitalization of 641.07 billion CNY [1] - XINWANDA is primarily engaged in the research, design, production, and sales of lithium-ion battery modules, with revenue composition as follows: consumer batteries 51.47%, electric vehicle batteries 28.18%, other 16.63%, and energy storage systems 3.72% [1] Group 2 - From the perspective of major fund holdings, a fund under Bank of China Securities has a significant position in XINWANDA, holding 62,100 shares, which accounts for 0.54% of the fund's net value, ranking as the eighth largest holding [2] - The Bank of China Securities CSI 500 ETF (515190) has a total scale of 390 million CNY and has achieved a year-to-date return of 29.12%, ranking 1859 out of 4216 in its category [2]

- The report highlights that the A-share market has seen an overall increase this week, with the CSI 300 index rising by 0.8%[18][19] - The relative crowding and excess net value of growth versus dividend stocks are at historically high levels, indicating a potential risk in allocating to growth stocks[2][57] - The relative crowding and excess net value of small-cap versus large-cap stocks are not at historically high levels, suggesting that small-cap stocks currently offer a higher cost-performance ratio[2][57] - The relative crowding and excess net value of micro-cap stocks versus the CSI 800 index remain at historically high levels, indicating a potential risk in allocating to micro-cap stocks[2][57] - The rolling quarterly Sharpe ratio of the Wind All A index is at a historically high level, suggesting a need to monitor subsequent adjustment risks[8][34] - The current PE_TTM of the A-share market is at a historically high percentile, with marginal increases observed in the past week[8][38] - The equity risk premium (ERP) for the CSI 300 index is at a balanced percentile, while the ERP for the CSI 500 index is at a relatively high percentile, and the ERP for the ChiNext index is at an extremely high percentile[48][56] - The report notes that the total amount of active equity funds is in a long-term decline phase, which historically favors the reversal style over the momentum style[83][84] - The main fund indices showed mixed performance over the past week, with the national team index and social security heavy index leading the gains[85][89]

Core Viewpoint - Zai Jian Pharmaceutical has experienced a significant decline in stock price, dropping 5.06% on November 7, with a total market value of 24.954 billion yuan and a cumulative drop of 6.33% over three consecutive days [1][2] Company Overview - Zai Jian Pharmaceutical, established on March 18, 2009, is located in Kunshan, Jiangsu Province, and was listed on January 23, 2020. The company focuses on the research, production, and sales of chemical and biological new drugs [1] - The main revenue composition of the company is 99.97% from pharmaceuticals, 0.02% from pharmaceutical intermediates and raw materials, and 0.00% from asset leasing [1] Fund Holdings - A fund under Bank of China Securities holds Zai Jian Pharmaceutical as its third-largest position, with a reduction of 4,000 shares in the third quarter, now holding 128,000 shares, which constitutes 9.08% of the fund's net value [2] - The fund, Zhongyin Securities Health Industry Mixed Fund (002938), has a total scale of 159 million yuan and has experienced a year-to-date return of 38.52%, ranking 2089 out of 8148 in its category [2] - The fund manager, Li Mingwei, has been in position for 2 years and 260 days, with the best and worst fund returns during his tenure being -6.79% [2]

Core Viewpoint - China Petroleum reported a net profit attributable to shareholders of 126.279 billion yuan for the first three quarters, a year-on-year decrease of 4.90% [1] - The third quarter net profit was 42.286 billion yuan, down 3.86% year-on-year but up 13.71% quarter-on-quarter, indicating strong operational resilience [1] Financial Performance - The company demonstrated enhanced ability to withstand external oil price fluctuations and achieved significant improvements in efficiency [1] - The net profit for the third quarter showed a quarter-on-quarter growth, reflecting operational strength [1] New Energy Sector - The new energy segment performed exceptionally well, with wind and solar power generation increasing by 72.2% year-on-year [1] - The company is strategically developing new production capabilities in wind, solar, geothermal, and hydrogen energy [1] Operational Improvements - Continuous optimization of equipment operation and product structure has been noted, with successful initial operation of the core ethylene unit in the Jilin Petrochemical upgrade project [1] - Transition and upgrade projects at Guangxi Petrochemical and Blue Ocean New Materials are progressing steadily, indicating promising future industrial upgrades [1] Natural Gas Sales - The company is coordinating domestic and international resources in its natural gas sales, optimizing resource pool structure and controlling comprehensive procurement costs [1] - Increased marketing efforts and a focus on online sales mechanisms have been implemented to enhance sales efficiency [1] Overall Outlook - The company is experiencing stable growth in oil and gas production, accelerated development in the new energy sector, and ongoing transformation in refining and chemical operations [1] - The continuous improvement in natural gas sales efficiency supports a positive outlook on the company's competitive advantage across the entire industry chain, maintaining a "buy" rating [1]

Core Viewpoint - The report from Zhongyin Securities indicates that Anyi Foods' net profit attributable to shareholders for the first three quarters of 2025 is 950 million yuan, reflecting a year-on-year decrease of 9.3% [1] Financial Performance - In Q3 2025, the company's revenue and net profit attributable to shareholders were 377 million yuan and 27 million yuan, respectively, showing year-on-year increases of 6.6% and 11.8% [1] - The main business revenue of the company remained stable in Q3, with new channel performance contributing positively [1]

Core Viewpoint - Huahong Semiconductor Company experienced a 5.08% increase in stock price, reaching 127.12 CNY per share, with a trading volume of 2.703 billion CNY and a turnover rate of 5.40%, resulting in a total market capitalization of 220.611 billion CNY [1] Company Overview - Huahong Semiconductor, established on January 21, 2005, and listed on August 7, 2023, is primarily engaged in specialty process wafer foundry services in China [1] - The company offers a diverse range of wafer foundry and supporting services, including embedded/standalone non-volatile memory, power devices, analog and power management, logic, and RF [1] - The revenue composition of the company is as follows: integrated circuit wafer foundry 94.60%, other services 4.78%, and rental income 0.62% [1] Fund Holdings - Huahong Company is a significant holding in one fund managed by Bank of China Securities, specifically the BOC Securities Advantage Manufacturing Stock A (011269), which held 35,200 shares, accounting for 4.4% of the fund's net value [2] - The fund has achieved a year-to-date return of 50.01%, ranking 519 out of 4,216 in its category, and a one-year return of 38.49%, ranking 794 out of 3,909 [2] Fund Manager Information - The fund manager of BOC Securities Advantage Manufacturing Stock A is Zhang Lixin, who has been in the position for 2 years and 319 days, managing a total fund size of 148 million CNY [3] - During Zhang's tenure, the best fund return was 4.4%, while the worst return was -5.35% [3]

Group 1 - The core point of the news is that Haiguang Information has seen a 5% increase in stock price, reaching 233.11 CNY per share, with a trading volume of 4.73 billion CNY and a market capitalization of 541.83 billion CNY [1] - Haiguang Information Technology Co., Ltd. was established on October 24, 2014, and went public on August 12, 2022. The company specializes in the research, design, and sales of high-end processors used in servers and workstations, with 99.73% of its revenue coming from high-end processors [1] Group 2 - According to data from the top ten heavy stocks of funds, a fund under Bank of China Securities has heavily invested in Haiguang Information, increasing its holdings by 5,000 shares in the third quarter, bringing the total to 55,000 shares, which accounts for 3.27% of the fund's net value [2] - The Bank of China Securities Technology Innovation Mixed Fund (LOF) has achieved a return of 61.14% this year, ranking 444 out of 8149 in its category, and a return of 48.28% over the past year, ranking 675 out of 8053 [2] Group 3 - The fund manager of the Bank of China Securities Technology Innovation Mixed Fund (LOF) is Lin Bocheng, who has been in the position for 7 years and 240 days, with a total asset scale of 1.186 billion CNY [3] - During Lin Bocheng's tenure, the best fund return was 110.75%, while the worst return was -48.35% [3]