Group 1 - The announcement states that from August 11, 2025, Guotai Haitong Securities will begin selling certain funds managed by the company [1] - The applicable fund range is subject to compliance with the fund contract, prospectus, and related business announcements [1][4] - The announcement includes a list of various sales institutions that will also start selling the company's funds from the same date [5][6][7] Group 2 - Investors can consult details through the websites and customer service numbers provided for each sales institution [4][5][6][7] - The company emphasizes that the specific dates, times, processes, and any fee discount activities for fund sales will be determined by the sales institutions [1][4]

证券代码：601990 证券简称：南京证券 公告编号：临 2025-024 号 本期发行短期融资券的相关文件已在以下网站刊登： 1.中国货币网（www.chinamoney.com.cn）； 2.上海清算所网站（www.shclearing.com.cn）。 特此公告。 南京证券股份有限公司董事会 南京证券股份有限公司 2025 年度第三期短期融资券发行结果公告 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。 南京证券股份有限公司 2025 年度第三期短期融资券已于 2025 年 8 月 6 日发 行完毕，相关发行情况如下： | 短期融资券名称 | | 南京证券股份有限公司 | 2025 | 年度第三期短期融资券 | | | | --- | --- | --- | --- | --- | --- | --- | | 短期融资券简称 | 南京证券 25 | CP003 | 期限 | 126 | 天 | | | 短期融资券代码 | 072510155 | | 发行日 | 年 2025 | 日 6 | 月 8 | | 起息日 | 2 ...

Group 1 - The core announcement is that Nanjing Securities plans to distribute cash dividends amounting to 295 million yuan, with a per-share dividend of 0.08 yuan (including tax) based on a total share capital of 3.686 billion shares [2] - The cash dividend distribution is scheduled for August 6, 2024, with the record date set for August 5, 2024 [3]

Group 1 - The company Nanjing Securities (601990) announced its annual profit distribution plan for 2024, which will take place on August 6 [1] - The profit distribution is based on the company's total share capital of 3.686 billion shares prior to the implementation of the plan [1] - A cash dividend of 0.08 yuan (including tax) will be distributed per share, totaling 295 million yuan in cash dividends [1]

证券代码：601990 证券简称：南京证券 公告编号：临 2025-023 号 南京证券股份有限公司2024年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0.08元（含税） 相关日期 | 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 | 2025/8/5 | － | 2025/8/6 | 2025/8/6 | 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南京证券股份有限公司（以下简称"公司"） 2025 年 6 月 30 日的2024年年度股东大会审议通过。 二、分配方案 1.发放年度：2024年年度 2.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（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3.分配方案： 本次利润分配以方案实施前的公司总股本 ...

Core Viewpoint - The report discusses the issuance of subordinate corporate bonds by Great Wall Securities Co., Ltd. aimed at professional investors, detailing the management of these bonds by Nanjing Securities Co., Ltd. and the recent resignation of the company's president and financial officer, Li Xiang [1][2][3]. Group 1: Bond Issuance - Great Wall Securities is set to issue subordinate corporate bonds in 2024 and 2025, with specific bond codes provided for each issuance [1]. - The bonds include varieties such as 2024 Phase I and II, and 2025 Phase I, all aimed at professional investors [2]. Group 2: Management Changes - Li Xiang, the president and financial officer of Great Wall Securities, submitted his resignation on July 17, 2025, due to personal reasons, effective immediately upon delivery of the resignation letter [2]. - Following Li Xiang's resignation, the board appointed Vice President Zhou Zhongshan to temporarily assume the roles of president and financial officer until a new appointment is made [2]. Group 3: Trustee Management Responsibilities - Nanjing Securities, as the trustee for the bonds, is responsible for ensuring compliance with relevant regulations and monitoring the issuer's disclosures regarding significant matters affecting bondholders [3]. - The trustee will continue to oversee the situation and ensure that the issuer adheres to information disclosure requirements [3].

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency while ensuring the safety of the funds and the implementation of investment projects [3][5][7]. Fundraising Overview - The company was approved to publicly issue 25 million shares at a price of RMB 40.29 per share, raising a total of RMB 100,725.00 million, with a net amount of RMB 90,975.85 million after deducting issuance costs [1][2]. - The funds are stored in a special account, and a tripartite supervision agreement has been signed with the sponsor and the commercial bank [2]. Investment Project Details - The total investment for the projects funded by the raised capital is RMB 65,000.48 million, with RMB 57,377.94 million planned from the raised funds and RMB 7,622.54 million from self-owned funds [2]. Cash Management Plan - The company intends to use up to RMB 52,600.00 million of temporarily idle funds for cash management within a 12-month period, ensuring it does not affect the implementation of investment projects [3][4][6]. - The investment products will include low-risk, high-liquidity options such as structured deposits, large-denomination certificates of deposit, and time deposits [4][5]. Impact on Operations - The cash management strategy is designed to improve fund efficiency without impacting the normal operations of the company or its investment projects, ultimately benefiting shareholders [5][7]. - The company aims to use the returns from cash management to supplement any shortfalls in project investments [4][5]. Approval Process - The board of directors and the supervisory board have approved the cash management plan, confirming compliance with relevant regulations and ensuring no adverse effects on the company's operations or shareholder interests [6][7][8].

Group 1 - The announcement states that Ms. Xiao Ling has resigned from her position as a director and member of the board's specialized committee due to work arrangement adjustments [1][2] - Ms. Xiao's resignation will not result in the board having fewer members than legally required, and her resignation is effective immediately upon delivery to the board [2] - The company expresses gratitude for Ms. Xiao's contributions during her tenure [3] Group 2 - The board has approved the nomination of Mr. Pan Zhipeng as a candidate for the board of directors, pending approval at the shareholders' meeting [2] - Ms. Xiao confirmed that there are no disagreements with the company or the board, and there are no special matters that need to be brought to the attention of shareholders and creditors [2]

Macro Dynamics - France will officially recognize the State of Palestine, with President Macron planning to announce this decision during the UN General Assembly in September [1] - China supports the "two-state solution" as the only realistic way to resolve the Palestinian issue and aims to work with the international community to alleviate the humanitarian crisis in Gaza [1] Foreign Exchange Market - In June 2025, China's foreign exchange market had a total transaction volume of 25.55 trillion RMB (approximately 3.56 trillion USD), with a cumulative transaction volume of 150.87 trillion RMB (approximately 21.00 trillion USD) from January to June 2025 [2] Fiscal Expenditure - In the first half of 2025, China's general public budget expenditure reached 141.27 billion RMB, a year-on-year increase of 3.4%, with significant growth in social security and employment (9.2%), science and technology (9.1%), education (5.9%), and health (4.3%) [3] Transportation and Mobility - In the first half of 2025, cross-regional personnel flow in China reached 33.76 billion person-times, a year-on-year increase of 4.2%, with freight volume and port cargo throughput also showing growth [5] Financial Institutions - Nanjing Securities announced the resignation of director Xiao Ling due to work arrangement adjustments [7] - HSBC Life Insurance increased its registered capital from 2.314 billion RMB to 2.676 billion RMB [8] Market Data - On July 25, 2025, A-shares saw a collective decline, with the Shanghai Composite Index down 0.33% and the Shenzhen Component down 0.22%, while the total market turnover was approximately 1.79 trillion RMB [10] - The Hong Kong stock market also experienced declines, with the Hang Seng Index down 1.09% [11] Company Dynamics - Chery Automobile clarified its collaboration with India's JSW Group, stating that it only involves parts supply and does not include technology transfer [12] - China Duty Free Group reported a net profit of 2.6 billion RMB in the first half of 2025, a year-on-year decrease of 20.81% [14][15] - Guangzhou-Shenzhen Railway signed a cooperation agreement for the Guangzhou East Station renovation project, with a total investment of approximately 16.66 billion RMB [16] - Yushu Technology launched its third humanoid robot, UnitreeR1, priced from 39,900 RMB [17] - Ceconomy AG confirmed ongoing discussions with JD.com regarding a potential acquisition, with a possible valuation of around 2.2 billion EUR [18] - Country Garden's offshore debt restructuring is progressing, with a compensation plan of 178 million USD supported by key banks, expected to be completed by the end of December [19][20]

Group 1 - The core viewpoint of the article highlights the significant changes and developments in the Sci-Tech Innovation Board (STAR Market) since its inception, emphasizing its role in optimizing the A-share market structure and supporting key technological advancements in China [1] - As of July 22, 2025, a total of 591 companies have been listed on the STAR Market, with a cumulative IPO fundraising amount of 927.156 billion yuan and a total market capitalization exceeding 7 trillion yuan [1] - The STAR Market has become an important platform for tackling key core technologies under a new type of national system [1] Group 2 - In the past six years, the leading underwriters for IPOs on the STAR Market include Guotai Junan and Haitong Securities, with a combined total of 213.777 billion yuan raised from 112 underwriting cases [2][5] - CITIC Securities follows with 167.069 billion yuan from 99 cases, while China International Capital Corporation (CICC) and CITIC Jianzhong Securities rank third and fourth, respectively, in terms of underwriting volume [5] - The overall low rate of serious issues among listed companies is noted, with only 7 out of 591 companies facing significant problems, resulting in a low incidence rate of 1.18% [5][6] Group 3 - Nanjing Securities has faced scrutiny due to its involvement with ST Nuotai, which was flagged for financial misconduct shortly after its IPO, raising concerns about the quality of its ongoing supervision [7][9] - The company earned 211 million yuan in underwriting fees from three IPO projects, with ST Nuotai being a significant contributor despite its subsequent financial issues [7][8] - The regulatory body has not penalized Nanjing Securities for its oversight failures, despite the serious nature of the financial discrepancies found in ST Nuotai's reports [9][12]