红塔证券股份有限公司 关于 南京证券股份有限公司 向特定对象发行 A 股股票 之 发行保荐书 保荐机构（主承销商） 云南省昆明市北京路 155 号附 1 号 二〇二五年五月 南京证券股份有限公司 向特定对象发行 A 股股票发行保荐书 保荐机构及保荐代表人声明 红塔证券股份有限公司及本项目保荐代表人曲太郎、李强已根据《公司法》 《证券法》等有关法律、法规和中国证监会的有关规定以及上海证券交易所（简 称"上交所"）的有关业务规则，诚实守信，勤勉尽责，严格按照依法制定的业 务规则、行业执业规范和道德准则出具本发行保荐书，并保证发行保荐书的真实 性、准确性和完整性。 如无特别说明，本发行保荐书中的相关用语具有与《南京证券股份有限公司 向特定对象发行 A 股股票募集说明书》中相同的含义。 3-1-1 | 保荐机构及保荐代表人声明 | 1 | | --- | --- | | 目 | 录 2 | | 第一节 | 本次证券发行基本情况 3 | | | 一、保荐机构工作人员简介 3 | | | 二、发行人基本情况 4 | | | 三、发行人与保荐机构之间是否存在关联关系的情况说明 8 | | | 四、本保荐机构的内部审核程序和 ...

南京证券股份有限公司 2024 年度财务报表审计报告 天衡审字（2025）00085 号 天衡会计师事务所（特殊普通合伙） 6-1-1 审计报告 天衡审字（2025）00085 号 南京证券股份有限公司全体股东： 一、审计意见 我们审计了南京证券股份有限公司（以下简称"南京证券"）财务报表，包括2024年12月 31日的合并及母公司资产负债表，2024年度的合并及母公司利润表、合并及母公司现金流量 表、合并及母公司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了南 京证券2024年12月31日的合并及母公司财务状况以及2024年度的合并及母公司经营成果和现金 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计师对财 务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照中国注册会计师职业道 德守则，我们独立于南京证券，并履行了职业道德方面的其他责任。我们相信，我们获取的审 计证据是充分、适当的，为发表审计意见提供了基础。 三、关键审计事项 关键审计事项是我们根据职业判断，认为对本期财务报表 ...

国浩律师（上海）事务所 关于 南京证券股份有限公司 向特定对象发行 A 股股票 之 法律意见书 上海市静安区山西北路 99 号苏河湾中心 MT 25-28 楼 邮编：200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai 200085, China 电话/Tel: +86 21 5234 1668 传真/Fax: +86 21 5234 1670 网址/Website: http://www.grandall.com.cn 2025 年 5 月 | 释 | 义 | 3 | | | --- | --- | --- | --- | | 第一节 | 引 | 言 | 7 | | 一、本所及签字律师简介 7 | | | | | 二、本所律师制作法律意见书的工作过程 8 | | | | | 三、律师应当声明的事项 9 | | | | | 第二节 | 正文 | 11 | | | 一、本次向特定对象发行的批准和授权 11 | | | | | 二、发行人本次向特定对象发行的主体资格 17 | | | | | 三、本次向特定对象发 ...

Core Points - Nanjing Securities (601990) received a notification from the Shanghai Stock Exchange on May 16, 2025, regarding the acceptance of its application for issuing securities on the main board [1] - The Shanghai Stock Exchange has verified the company's prospectus and related application documents, deciding to accept and review them according to the law [1] - The issuance of A-shares to specific targets is subject to approval by the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission before implementation [1]

Investment Rating - The report maintains an "Overweight" rating for the securities industry [1] Core Insights - The report emphasizes the importance of a "sustained, stable, and active capital market" as a key driver for market sentiment and growth [6][7] - It highlights the significant growth in the securities industry, particularly in brokerage and proprietary trading, with a notable increase in revenue and net profit for listed brokers in Q1 2025 [36][37] Summary by Sections 1. Policy Interpretation on "Sustained, Stable, and Active Capital Market" - The report discusses recent policy measures aimed at stabilizing and invigorating the capital market, including support for long-term capital inflows and the promotion of new regulatory frameworks [8][7] - It outlines specific actions from the China Securities Regulatory Commission (CSRC) to enhance market liquidity and investor confidence [8] 2. Securities Industry Q1 2025 Performance Overview and Outlook - In Q1 2025, 42 listed brokers achieved revenues of CNY 125.93 billion, a year-on-year increase of 19%, and a net profit of CNY 52.18 billion, up 77.8% [37][38] - The fastest-growing segments were proprietary trading (up 45.5%) and brokerage services (up 43.2%), while investment banking and asset management saw slight declines [36][37] - The report notes that the average return on equity (ROE) for listed brokers improved to 8.05%, reflecting enhanced profitability across the sector [47][46] 3. Investment Recommendations - The report suggests that the ongoing reforms and market conditions present favorable investment opportunities within the securities sector, particularly in brokerage and proprietary trading [36][37] - It identifies potential benefits for underweighted sectors, indicating a shift in investment strategies towards areas with lower current allocations [15]

分理由确信上市公司向上海证券交易所提交的 及其他相关文件 文件不存在虚假记载、误导性陈述或重大遗漏 对上市公司的信息披露文件及向中国证监会、上 海证券交易所提交的其他文件进行事前审阅，对 存在问题的信息披露文件应及时督促上市公司 予以更正或补充，上市公司不予更正或补充的， 应及时向上海证券交易所报告； 保荐机构对麦澜德的信息披露文 应在上市公司履行信息披露义务后五个交易日 上海证券交易所报告的情况 内，完成对有关文件的审阅工作，对存在问题的 信息披露文件应及时督促上市公司更正或补充， 上市公司不予更正或补充的，应及时向上海证券 交易所报告 麦澜德及其控股股东、实际控制 关注上市公司或其控股股东、实际控制人、董事、 人、董事、监事、高级管理人员 监事、高级管理人员受到中国证监会行政处罚、 不存在 受到中 国证监会 行政处 罚、上海证券交易所纪律处分或 所出具监管关注函的情况，并督促其完善内部控 者被上海证券交易所出具监管关 制制度，采取措施予以纠正 注函的情况 持续关注上市公司及控股股东、实际控制人等履 麦澜德不存在控股股东、实际控 行承诺的情况，上市公司及控股股东、实际控制 人等未履行承诺事项的，及时向上海证 ...

Group 1 - The core viewpoint of the articles highlights the significant increase in new personal investor accounts in the A-share market, with nearly 10 million new accounts opened in the first four months of the year, despite a month-on-month decline in April [1][2][3] - In April, 191.58 thousand new personal investor accounts were opened, a decrease of 114.04 thousand from March, but still showing a year-on-year growth of over 30% [2][3] - The total number of new personal investor accounts opened in the first four months reached 936.58 thousand, with a total of 378 million personal investor accounts as of April 30 [2][3] Group 2 - The increase in new accounts is closely linked to the performance of brokerage firms' brokerage businesses, with many firms reporting positive growth in account numbers contributing to their performance [1][3] - The "money-making effect" in the market, particularly after the Spring Festival, has attracted a large number of new investors, leading to a surge in account openings, especially in March [2][3] - Various measures, including the central bank's support and adjustments in insurance fund allocations, have been implemented to stabilize market confidence, which has helped maintain investor enthusiasm for opening new accounts [3][4] Group 3 - The challenge for brokerage firms lies in converting new customer acquisition into long-term retention, as the industry faces declining commission rates [5] - Major brokerage firms have reported significant increases in new accounts, with some firms seeing year-on-year growth rates exceeding 90%, while smaller firms also achieved notable growth [5] - Companies are focusing on enhancing wealth management services and customer engagement strategies to provide comprehensive financial solutions and maintain a competitive edge in the market [5]

Group 1 - Tianfeng Securities announced that its controlling shareholder intends to fully subscribe to the upcoming private placement shares and has committed not to transfer them for five years, which will strengthen the state-owned shareholder's control over the company [1] - The fundraising is expected to enhance the company's governance level and stabilize its equity structure, demonstrating the controlling shareholder's confidence in the company's high-quality development [1] - The securities industry is capital-intensive, and financing is crucial for enhancing comprehensive strength and risk resistance, as well as better serving the real economy [1] Group 2 - Several securities firms, including Guotai Junan and Guolian Minsheng, have successfully implemented private placements this year to raise funds for mergers and acquisitions, aiming for business expansion and integration [2] - As of May 6, 62 securities firms have issued a total of 229 bonds, with a combined issuance scale of 381.528 billion yuan, indicating a growing trend in bond issuance as a financing method [2] - Among the 62 firms, 11 have issued bonds exceeding 10 billion yuan, with Huatai Securities leading at 31.2 billion yuan, followed by GF Securities at 27.56 billion yuan [2] Group 3 - The advantages of bond issuance for financing include not diluting shareholder equity and lower costs in a relatively low-interest-rate environment, allowing firms to flexibly choose bond terms for short-term liquidity [3] - Funds raised through private placements typically provide long-term and stable financial support for the implementation of the company's long-term strategies [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准苏州可川电子科技股份有限公司首次 公开发行股票的批复》（证监许可［2022］2049号）核准，并经上海证券交易所（以下简称"上交所"） 同意，苏州可川电子科技股份有限公司（以下简称"公司"、"上市公司"、"可川科技"）首次向社会公开 发行人民币普通股（A股）17,200,000股，每股发行价格为34.68元，募集资金总额为人民币59,649.60万 元，扣除各类发行费用之后实际募集资金净额为人民币52,796.00万元。中审众环会计师事务所（特殊普 通合伙）对公司首次公开发行股票的资金到位情况进行了审验，并出具了"众环验字（2022）3310017 号"验资报告。2022年10月11日，公司股票在上交所上市。公司聘请中信证券股份有限公司（以下简 称"中信证券"）作为首次公开发行股票的保荐机构，持续督导期间至2024年12月31日。 公司于2025年3月6日召开2025年第二次临时股东大会，审议通过了向不特定对象发行可转换公司债券的 相关议案。由于发行需要，公司于2025年3月21日与南京证券股份有限公 ...

前十大流通股东累计持有： 197210.93万股，累计占流通股比： 53.9%，较上期变化：0.00 。 | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 南京紫金投资集团有限责任公司 | 89538.06 | 24.47 | 不变 | | 南京新工投资集团有限责任公司 | 25847.54 | 7.06 | 不变 | | 南京市交通建设投资控股(集团)有限责任公司 | 24067.26 | 6.58 | 不变 | | 江苏凤凰置业有限公司 | 17427.27 | 4.76 | 不变 | | 南京紫金资产管理有限公司 | 11745.50 | 3.21 | 不变 | | 南京农垦产业(集团)有限公司 | 6320.23 | 1.73 | 不变 | | 南京市国有资产经营有限责任公司 | 6121.21 | 1.67 | 不变 | | 南京颐悦置业发展有限公司 | 6000.00 | 1.64 | 不变 | | 南京东南国资投资集团有限责任公司 | 5328.61 | 1.46 | 不变 | | 南京港（002040）(集 ...