Group 1 - Senyuan Electric signed a strategic cooperation agreement with Xuchang Digital Supply Chain Management Co., aiming for annual business cooperation not exceeding 500 million yuan over 36 months [1] - CICC's subsidiary, CICC Wealth, reported a net profit of 987 million yuan for the first half of the year, with total assets of 193.37 billion yuan [2] - Shuangjie Electric expects a net profit of 100 million to 120 million yuan for the first half of the year, representing a year-on-year increase of 16.03% to 39.23% [3][4] - Shentong Technology reported a net profit of 64.28 million yuan for the first half of the year, a year-on-year increase of 111.09% [5] - Suqian Nongfa's net profit for the first half of the year decreased by 27.72% to 213 million yuan [6] Group 2 - Fuan Pharmaceutical expects a net profit decline of 39.95% to 53.81% for the first half of the year, estimating between 100 million to 130 million yuan [8] - Xingwang Yuda anticipates a net loss of 11 million to 21 million yuan for the first half of the year [9] - Pulaike received a new veterinary drug registration certificate for a vaccine aimed at preventing chicken diseases [10] - Yuandong Biological's ephedrine injection received a drug registration certificate for treating low blood pressure during anesthesia [11] - Suqian Liansheng's subsidiary obtained two invention patent certificates [12] Group 3 - Oke Technology signed a 176 million yuan equipment order with Jiangxi Tianhong New Materials [13] - Publishing Media announced the resignation of its chief accountant due to work changes [15] - Zhongxin Co. plans to use 40 million yuan of idle funds for cash management [16] - Huiyun Titanium plans to use up to 58 million yuan of idle convertible bond funds for cash management [18] - Haineng Technology intends to apply for a credit facility of up to 200 million yuan from a bank [20] Group 4 - Jiabiou expects a net profit increase of 57.61% for the first half of the year, estimating around 107 million yuan [21] - Nanjing Gaoke reported a 1185% year-on-year increase in contract sales area for the second quarter [22] - Shuguang Co. received approval for a specific stock issuance application [23] - Huadong Pharmaceutical's subsidiary received approval for a clinical trial of a new drug targeting advanced solid tumors [23] - Quicheng Co. plans to invest 900 million yuan in two new projects [25] Group 5 - Shenlian Biological's vaccine for avian adenovirus received a new veterinary drug registration certificate [26] - Rike Chemical signed a strategic cooperation framework agreement with Dongming Petrochemical [28] - Jincheng Pharmaceutical's subsidiary received a renewed tobacco production license [29] - Magmi Te's stock issuance application was accepted by the Shenzhen Stock Exchange [29] - Zhongyin Securities received approval to issue bonds totaling up to 14 billion yuan [29] Group 6 - Hewei Electric's executives plan to reduce their holdings by a total of 2.24% of the company's shares [44] - Guo Wang Xintong reported a net profit of 266 million yuan for the first half of the year, a decrease of 10.82% [45] - Guo Wang Xintong's subsidiary won a 966 million yuan tender from the State Grid [46] - Jicheng Electronics won contracts worth approximately 83.79 million yuan from the State Grid [48] - Helen Piano is planning a change of control, leading to a temporary stock suspension [48]

Core Viewpoint - The report provides an overview of the BOCI ChiNext ETF's performance and management strategies during the second quarter of 2025, highlighting its investment objectives, strategies, and financial metrics. Fund Product Overview - Fund Name: BOCI ChiNext ETF - Fund Code: 159821 - Total Fund Shares at Period End: 28,220,000 shares - Investment Objective: Aim to closely track the performance of the benchmark index with a daily tracking deviation absolute value controlled within 0.2% and an annualized tracking error within 2% [2][7]. - Investment Strategy: Utilizes a full replication strategy, alternative strategies, stock index futures, bond investments, and asset-backed securities to achieve stable long-term returns [2][7]. - Performance Benchmark: ChiNext Index return rate [2]. Financial Metrics and Fund Performance - Net Asset Value at Period End: 0.8094 RMB per share - Fund Net Value Growth Rate: 3.20% - Benchmark Performance Rate: 2.34% - Significant Contributions to Index Growth: Telecommunications, Electronics, and National Defense Industries; Negative Contributions: Media, Computer, and Machinery Industries [6][7]. Management Report - The fund manager adheres to legal regulations and fund contracts, ensuring fair treatment of different investment portfolios and protecting investor rights [5][6]. - No abnormal trading or conflicts of interest were reported during the period [6]. - The fund's investment strategy remains focused on index-based investments, with a commitment to minimizing tracking errors [7]. Asset Composition - Total Assets: 22,656,022.18 RMB - Stock Investments: 99.17% of total assets - Bond Investments: 0.01% of total assets [9][10]. Share Changes - Initial Fund Shares: 34,720,000 shares - Total Shares Redeemed During Period: 6,500,000 shares - Final Fund Shares: 28,220,000 shares [12].

Group 1 - The overall A-share market is experiencing a fluctuating upward trend, yet some public equity funds are facing continuous shrinkage in scale, triggering liquidation conditions [1] - As of July 16, 50 active equity funds have entered liquidation procedures this year, with initiated funds being particularly affected [1][3] - The case of Zhongyin Securities Huize Jinqi 3-Month Holding Fund highlights the challenges faced by small and medium-sized fund companies in the FOF product layout, as its net asset value was only 0.28 billion yuan, significantly below the 2 billion yuan safety line [3][4] Group 2 - The "three-year test" for initiated funds has become a primary reason for liquidation, as funds must maintain a net asset value of at least 2 billion yuan after three years to avoid termination [4] - The increase in the number of liquidated equity funds is attributed to structural market conditions, where capital is concentrated in top funds and track-type products, diminishing the appeal of smaller funds [4] - Analysts suggest that the liquidation of initiated funds should not be viewed merely as failure but as a reflection of market competition, urging fund companies to carefully assess product strategies and resource alignment [4]

根据中银国际证券股份有限公司（以下简称"本公司"）与国泰海通证券股份有限公司签署的相关协议， 自2025年7月18日起，投资者可在国泰海通证券股份有限公司办理本公司旗下交易型开放式指数证券投 资基金的申购、赎回代办业务。现将有关事项公告如下： 一、适用基金及业务范围 ■ 自2025年7月18日起，投资者可通过国泰海通证券股份有限公司办理上述基金份额的申购、赎回等业 务。 1、国泰海通证券股份有限公司 客服电话：95521 网址：www.gtht.com 二、重要提示 上述适用基金的申购、赎回等业务仅适用于处于正常开放期时的基金，基金特殊期间的有关规定详见对 应基金的基金合同和招募说明书等相关法律文件及本公司发布的最新业务公告。 三、投资者可通过以下途径咨询有关详情： 本公告的解释权归中银国际证券股份有限公司所有。 特此公告 网址： www.bocifunds.com 四、风险提示： 投资者在上述证券公司办理本基金的投资事务，具体办理规则及程序请咨询相应申购赎回代理券商的规 定。本公司承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利，也不保证 最低收益。基金的过往业绩及其净值高低并不预示其 ...

Market Overview - The net inflow of large orders in the two markets reached 16.628 billion yuan, with 44 stocks seeing net inflows exceeding 200 million yuan, led by Changshan Beiming with a net inflow of 2.333 billion yuan [1] - The Shanghai Composite Index closed up 0.37%, with a total of 2,101 stocks experiencing net inflows and 2,633 stocks seeing net outflows [1] Industry Analysis - Among the 19 industries with net inflows, the computer sector had the highest net inflow of 5.790 billion yuan, with an index increase of 1.33%. The electronics sector followed with a net inflow of 4.318 billion yuan and a rise of 2.18% [1] - The public utilities sector experienced the largest net outflow of 809 million yuan, followed by the banking sector with a net outflow of 741 million yuan [1] Individual Stock Performance - 44 stocks had net inflows exceeding 200 million yuan, with Changshan Beiming leading at 2.333 billion yuan, followed by Jianghuai Automobile at 1.193 billion yuan [2] - Stocks with significant net inflows saw an average increase of 7.58%, outperforming the Shanghai Composite Index, with 43 stocks closing higher, including Man Kun Technology and Jin Modern, which hit the daily limit [2] - The top sectors for net inflows among individual stocks were computer, electronics, and communication, with 10, 9, and 4 stocks respectively [2] Top Net Inflow Stocks - The top stocks by net inflow include: - Changshan Beiming: 2.333 billion yuan, 10.02% increase [2] - Jianghuai Automobile: 1.193 billion yuan, 10.01% increase [2] - Runhe Software: 903 million yuan, 9.68% increase [2] - Construction Industry: 771 million yuan, 10.01% increase [2] - AVIC Shenyang Aircraft: 745 million yuan, 10.00% increase [2] Top Net Outflow Stocks - The stocks with the largest net outflows include: - ST Huatuo: 398 million yuan, -4.77% decrease [4] - Sunshine Power: 329 million yuan, -0.55% decrease [4] - Zhongdian Port: 307 million yuan, -1.21% decrease [4] - Zijin Mining: 267 million yuan, -0.37% decrease [4] - C Huaxin: 240 million yuan, -9.19% decrease [4]

证券代码：601696 证券简称：中银证券 公告编号：2025-024 二、本次发行公司债券应严格按照报送上海证券交易所的募集说明书进行。 三、本批复自同意注册之日起 24 个月内有效，公司在注册有效期内可以分 期发行公司债券。 四、自同意注册之日起至本次公司债券发行结束前，公司如发生重大事项， 应及时报告并按有关规定处理。 公司将按照有关法律法规和上述批复文件的要求办理本次公司债券发行相 关事宜并及时履行信息披露义务。 特此公告。 中银国际证券股份有限公司董事会 中银国际证券股份有限公司 关于向专业投资者公开发行公司债券获得 中国证券监督管理委员会注册批复的公告 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。 中银国际证券股份有限公司（以下简称"公司"）于近日收到中国证券监督 管理委员会出具的《关于同意中银国际证券股份有限公司向专业投资者公开发行 公司债券注册的批复》（证监许可[2025]1460 号），批复内容如下： 一、同意公司向专业投资者公开发行面值总额不超过 140 亿元公司债券的注 册申请。 2025 年 7 月 ...

中银证券：证监会同意公司向专业投资者公开发行面值总额不超过140亿元公司债券的注册申请。 ...

Summary of Key Points Core Viewpoint - The trading volume of the ChiNext Index ETFs reached 3.795 billion yuan today, showing a significant increase of 2.086 billion yuan compared to the previous trading day, with a growth rate of 122.05% [1] Trading Volume and Performance - The E Fund ChiNext ETF (159915) had a trading volume of 3.152 billion yuan, up 1.703 billion yuan from the previous day, reflecting a growth rate of 117.51% [1] - The GF ChiNext ETF (159952) recorded a trading volume of 404 million yuan, an increase of 305 million yuan, with a remarkable growth rate of 309.00% [1] - The Tianhong ChiNext ETF (159977) saw a trading volume of 58.5342 million yuan, up 25.8799 million yuan, representing a growth rate of 79.25% [1] - Other ETFs such as the Jianxin ChiNext ETF (159956) and the Rongtong ChiNext ETF (159808) experienced substantial increases in trading volume, with growth rates of 1354.08% and 840.26% respectively [1] Market Performance - The ChiNext Index (399006) rose by 1.73% by the end of the trading day, while the average increase for related ETFs tracking the ChiNext Index was 1.52% [1] - The top-performing ETFs included the GF ChiNext ETF (159952) and the Bosera ChiNext ETF (159908), which increased by 1.96% and 1.71% respectively [1]

Group 1: Market Overview - On July 14, the main funds in the Shanghai and Shenzhen markets experienced a net outflow of 26.576 billion yuan, with the ChiNext board seeing a net outflow of 12.112 billion yuan and the CSI 300 index stocks a net outflow of 6.366 billion yuan [1] - Among the 21 industries tracked, mechanical equipment, public utilities, and home appliances saw the largest gains, each rising over 1%, while real estate, media, and non-bank financial sectors fell more than 1% [1] - Four industries received net inflows from main funds, with mechanical equipment leading at 394 million yuan, followed by home appliances at 117 million yuan, and coal and petrochemical sectors each exceeding 37 million yuan [1] Group 2: Individual Stock Performance - Among individual stocks, 37 saw net inflows exceeding 100 million yuan, with six stocks surpassing 200 million yuan in inflows [2] - Zhongji Xuchuang, a leader in optical modules, topped the inflow list with 497 million yuan, benefiting from increased demand for ASIC servers driven by growth in ARR for AWS's Anthropic and Google's Gemini [2] - Notable stocks such as Xiangyang Bearing, Brother Technology, and Kelu Electronics also saw significant inflows, with Kelu Electronics reaching a net inflow of 314 million yuan, the highest since June 23, 2016 [2] Group 3: Notable Outflows - Over 90 stocks experienced net outflows exceeding 100 million yuan, with 21 stocks seeing outflows over 300 million yuan [3] - Leading the outflows were BYD and Northern Rare Earth, each with net outflows exceeding 1.1 billion yuan, with Northern Rare Earth's outflow reaching 1.105 billion yuan, marking a new high since November 4, 2024 [3][4] Group 4: Tail-End Market Activity - At the market close, there was a net outflow of 1.483 billion yuan, with the ChiNext board seeing an outflow of 806 million yuan [6] - Notably, the digital currency concept stock Chutianlong saw a significant reversal, with a net inflow of 204 million yuan, despite a projected loss of 35 to 40 million yuan for the upcoming half-year [7] - Other stocks with notable tail-end inflows included Tianyang Technology and Hanyu Pharmaceutical, each exceeding 40 million yuan [8]

沪指7月14日上涨0.27%，申万所属行业中，今日上涨的有21个，涨幅居前的行业为机械设备、公用事 业，涨幅分别为1.23%、1.04%。跌幅居前的行业为房地产、传媒，跌幅分别为1.29%、1.24%。非银金 融行业位居今日跌幅榜第三。 资金面上看，两市主力资金全天净流出381.11亿元，今日有6个行业主力资金净流入，机械设备行业主 力资金净流入规模居首，该行业今日上涨1.23%，全天净流入资金5.39亿元，其次是公用事业行业，日 涨幅为1.04%，净流入资金为3.36亿元。 主力资金净流出的行业有25个，计算机行业主力资金净流出规模居首，全天净流出资金85.06亿元，其 次是非银金融行业，净流出资金为70.29亿元，净流出资金较多的还有有色金属、电子、传媒等行业。 非银金融行业今日下跌1.03%，全天主力资金净流出70.29亿元，该行业所属的个股共83只，今日上涨的 有8只；下跌的有74只，跌停的有2只。以资金流向数据进行统计，该行业资金净流入的个股有10只，其 中，净流入资金超3000万元的有5只，净流入资金居首的是华泰证券，今日净流入资金7817.75万元，紧 随其后的是兴业证券、中国平安，净流入资金分 ...