Core Viewpoint - The article emphasizes the importance of Shanghai as an international green finance hub, highlighting the role of Shenwan Hongyuan in supporting national strategies and contributing to the development of green finance through various initiatives and services [1][10]. Group 1: Integration into Strategic Framework - The construction of Shanghai's international green finance hub requires collaboration among various market participants, with securities firms playing a crucial role in linking capital and assets [2]. - Shenwan Hongyuan has established a "Green Finance Service Group" to enhance coordination between top-level design and practical implementation, aiming for a comprehensive green finance service model [2]. - The company has provided nearly 100 billion yuan in financing services to green industries in the Yangtze River Delta over the past three years, demonstrating its commitment to corporate responsibility [2][3]. Group 2: Expanding Implementation Pathways - Shenwan Hongyuan leverages its full-license advantage to offer integrated services, including financing, investment, research, and consulting, to support the green industry [4]. - The company has facilitated the listing of multiple green technology firms on various stock exchanges, raising over 20 billion yuan for nearly 20 green enterprises since 2022 [4]. - In the bond financing sector, Shenwan Hongyuan has underwritten over 30 green corporate bonds totaling nearly 40 billion yuan, including a record 10 billion yuan low-carbon transition bond for China Baowu Steel Group [5]. Group 3: Future Layout and Continuous Innovation - Shenwan Hongyuan plans to enhance its service offerings by participating in innovative green financial products such as green REITs and carbon financial derivatives [8]. - The company aims to strengthen cross-border connections to attract more international capital into Shanghai's green assets and facilitate domestic green enterprises' access to global markets [8]. - There is a focus on building a collaborative ecosystem with local government and financial institutions to unify green finance standards and share information [9].

Core Viewpoint - The company has decided to continue allowing investors to redeem, subscribe, and withdraw from the Shenwan Hongyuan Tian Tian Li Money Market Fund despite an earlier plan to suspend these activities starting December 18, 2025 [1]. Group 1 - The management of Shenwan Hongyuan Securities Asset Management Co., Ltd. originally planned to suspend the processing of contract terminations for the Shenwan Hongyuan Tian Tian Li Money Market Fund on December 18, 2025, and to halt subscription activities on December 19, 2025 [1]. - To protect the interests of the fund holders, the management has reversed the decision to suspend these activities, allowing normal operations during the fund's operation period [1]. - The fund is currently undergoing a change of management and is transitioning to become the Shenwan Lingshin Tian Tian Li Money Market Fund, with the effective date of the new fund contract to be announced by the new fund manager [1]. Group 2 - Investors can access relevant information through the management's website or by contacting customer service [2]. - The announcement was officially made by Shenwan Hongyuan Securities Asset Management Co., Ltd. on December 18, 2025 [4].

12月17日，被誉为"券商界奥斯卡"的第23届新财富最佳分析师评选结果正式出炉。 宏观经济领域，广发证券郭磊团队再获第一，华创证券张瑜、浙商证券李超、东吴证券芦哲、长江证券于博等研究小组分列其后。 策略研究领域，最佳分析师榜首为广发证券刘晨明研究小组，此后依次是申万宏源证券傅静涛、国联民生证券包承超、兴业证券张启尧、天风证券吴开达等 研究小组。 固收研究领域，华泰证券张继强位列第一，从2019年至今，团队已蝉联七届第一名；金融工程领域，兴业证券郑兆磊团队位列第一；银行领域，浙商证券梁 凤洁团队位列第一。 从机构直接投票选出的新财富最具影响力研究机构榜单来看，今年长江证券、广发证券、国泰海通证券、申万宏源证券、兴业证券摘得前五名。 从个人类奖项来看，浙商证券邱冠华获得巨匠分析师，长江证券邬博华、国联民生证券管泉森获得百星分析师，兴业证券孙媛媛、国盛证券何亚轩获得黄金 分析师。 | | | 東玲玲等 | | | --- | --- | --- | --- | | 3 | 浙商证券 | 研究小组（李超、林成炜、廖博、潘高 | 38987.917 | | | | 远、费瑾、陈冀、祁星等) | | | 4 | 东吴证券 ...

Group 1: Overall Rankings - The top-ranked research team is from GF Securities with a total score of 43316.423 [1] - The second place is held by Zheshang Securities with a score of 38987.917 [2] - The third position is occupied by Dongwu Securities with a score of 33427.801 [2] Group 2: Fixed Income Research - Huatai Securities ranks first in fixed income research with a score of 40340.296 [3] - Huaxi Securities follows in second place with a score of 31481.596 [3] - Yongan Securities is in third place with a score of 29564.247 [3] Group 3: Banking Sector - Zheshang Securities leads the banking sector with a score of 39943.811 [6] - Zhongtai Securities is in second place with a score of 32853.243 [6] - CITIC Construction Investment Securities ranks third with a score of 27210.612 [6] Group 4: Real Estate Sector - GF Securities ranks first in the real estate sector with a score of 46820.521 [7] - Changjiang Securities follows closely in second place with a score of 46290.409 [7] - Industrial Securities is in third place with a score of 31067.83 [7] Group 5: Electronics Sector - Zhongtai Securities leads the electronics sector with a score of 43237.391 [8] - Changjiang Securities is in second place with a score of 42166.206 [8] - GF Securities ranks third with a score of 29990.201 [8] Group 6: Chemical Sector - Shenwan Hongyuan Securities ranks first in the chemical sector with a score of 47658.726 [11] - Changjiang Securities follows in second place with a score of 46460.716 [11] - Guohai Securities is in third place with a score of 28746.495 [11] Group 7: Energy Sector - Changjiang Securities leads the energy sector with a score of 53802.76 [12] - Guosheng Securities is in second place with a score of 37234.974 [12] - GF Securities ranks third with a score of 26264.694 [12] Group 8: Transportation Sector - Changjiang Securities ranks first in the transportation sector with a score of 60044.382 [13] - Shenwan Hongyuan Securities is in second place with a score of 49153.183 [13] - Huachuang Securities ranks third with a score of 27952.359 [13] Group 9: Consumer Sector - Changjiang Securities leads the consumer sector with a score of 233982.376 [26] - Guotai Junan Securities is in second place with a score of 155271.877 [26] - GF Securities ranks third with a score of 140598.215 [26] Group 10: Best Research Teams - GF Securities is recognized as the best research team overall with a total score of 95012.572 [22] - Changjiang Securities follows in second place with a score of 92236.472 [22] - Guotai Haitong Securities ranks third with a score of 67717.896 [22]

Core Insights - The 2025 Securities Times Best Analyst results were announced, highlighting the top-performing teams and analysts in various categories [1] - The event saw participation from nearly 50 securities firms and over 1300 domestic and international institutions, with more than 800 institutions qualifying to vote [1] Group 1: Top Analysts and Teams - The macroeconomic first place was awarded to the team led by Guo Lei from GF Securities [1] - The top strategy research team was also from GF Securities, led by Liu Chenming [1] - The top analyst in the gold category was Sun Yuanyuan from Industrial Securities [1] Group 2: Participation and Voting - The voting institutions included over 160 public fund institutions, 30 insurance asset management companies, and 100 insurance companies, among others [1] - The total assets managed by the participating institutions exceeded 100 trillion yuan [1] Group 3: Performance Rankings - The rankings for various research teams in different categories were detailed, with GF Securities consistently performing well across multiple sectors [3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32]

Core Viewpoint - Shenwan Hongyuan has been recognized as one of the most influential research institutions and best research teams for 23 consecutive times, highlighting its consistent performance in the industry [2] Group 1: Awards and Recognition - Shenwan Hongyuan received a total of 25 awards at the recent analyst conference, including first place for Sustainable Development Research Contribution for the fourth consecutive time [4] - The firm ranked fourth in both the Best Research Team and Most Influential Research Institution categories [4] Group 2: Research Team Achievements - The Light Industry and Paper Research Team has achieved first place 15 times, while the Light Industry and Textile Apparel Research Team has been first for seven consecutive times [5] - The Chemical Research Team secured first place, and the Strategy Research Team ranked second [5] - Other notable rankings include second place for the Transportation and Warehousing Research Team, and third place for the Computer Research Team [5] Group 3: Event Overview - The event was organized by the Securities Times and involved participation from nearly 50 securities firms and over 2000 analysts, with voting eligibility extended to more than 800 domestic and international institutions managing assets exceeding 100 trillion yuan [5] - The conference aims to promote high-quality development in the Chinese securities research industry and support the modernization of China's economy [5] Group 4: Company Background - Shenwan Hongyuan Research, established in 1992, is one of the earliest and largest independent securities research institutions in mainland China, with a team of over 300 professionals [6] - The firm focuses on research across various sectors, including macroeconomics, industry companies, investment strategies, and policy research, emphasizing a systematic approach to provide stable professional research services [6]

申万宏源(06806)发布公告，公司所属子公司申万宏源证券有限公司2025年面向专业投资者公开发行次 级债券(第三期)(品种一)发行工作于2025年12月10日完成。本期债券发行规模人民币22亿元，期限为3 年，票面利率为2.13%。经深圳证券交易所审核，本期债券定于2025年12月16日起在深圳证券交易所上 市，面向专业投资者中的机构投资者交易，债券简称"25申证C5"，债券代码为"524585"。追加内容 申万宏源(06806)发布公告，公司所属子公司申万宏源证券有限公司2025年面向专业投资者公开发行次 级债券(第三期)(品种一)发行工作于2025年12月10日完成。本期债券发行规模人民币22亿元，期限为3 年，票面利率为2.13%。经深圳证券交易所审核，本期债券定于2025年12月16日起在深圳证券交易所上 市，面向专业投资者中的机构投资者交易，债券简称"25申证C5"，债券代码为"524585"。 本文作者可以追加内容哦 ! ...

智通财经APP讯，申万宏源(06806)发布公告，公司所属子公司申万宏源证券有限公司2025年面向专业投 资者公开发行次级债券(第三期)(品种一)发行工作于2025年12月10日完成。本期债券发行规模人民币22 亿元，期限为3年，票面利率为2.13%。经深圳证券交易所审核，本期债券定于2025年12月16日起在深 圳证券交易所上市，面向专业投资者中的机构投资者交易，债券简称"25申证C5"，债券代码 为"524585"。 （原标题：申万宏源(06806)："25申证C5"12月16日起在深交所上市） ...

（ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股份代號：6806） 海外監管公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 於本公告日期，董事會成員包括執行董事劉健先生及黃昊先生；非執行董事朱志龍先生、張英女士、邵亞樓先生、 徐一心先生及嚴金國先生；獨立非執行董事楊小雯女士、武常岐先生、陳漢文先生及趙磊先生。 证券代码：000166 证券简称：申万宏源 公告编号：临2025-113 申 万 宏 源 集 团 股 份 有 限 公 司 关于申万宏源证券有限公司 2025 年面向专业投资者公开 发行次级债券（第三期）（品种一）在深圳证券交易所 上市的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 公司所属子公司申万宏源证券有限公司 2025 年面向专业投资者 公开发行次级债券（第三期）（品种一）（以下简称"本期债券"）发 行工作于2025年12月10日完成。本期 ...

二〇二五年十二月十七日 经深圳证券交易所审核，本期债券定于 2025 年 12 月 16 日起在 深圳证券交易所上市，面向专业投资者中的机构投资者交易，债券简 称"25 申证 C5"，债券代码为"524585"。 特此公告。 证券代码：000166 证券简称：申万宏源 公告编号：临2025-113 申 万 宏 源 集 团 股 份 有 限 公 司 关于申万宏源证券有限公司 2025 年面向专业投资者公开 发行次级债券（第三期）（品种一）在深圳证券交易所 上市的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 公司所属子公司申万宏源证券有限公司 2025 年面向专业投资者 公开发行次级债券（第三期）（品种一）（以下简称"本期债券"）发 行工作于 2025 年 12 月 10 日完成。本期债券发行规模人民币 22 亿元， 期限为 3 年，票面利率为 2.13%。（相关情况请详见公司于 2025 年 12 月 12 日在《中国证券报》《证券时报》《上海证券报》和巨潮资讯网 www.cninfo.com.cn 上刊登的公告） 申万宏源集团股份有限公司董事会 ...