关于控股子公司拟申请 一、渤海期货的基本情况 1.公司名称：渤海期货股份有限公司 在全国中小企业股份转让系统终止挂牌的公告 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。 东北证券股份有限公司（以下简称"公司"）控股子公司渤海期货股份有限 公司（以下简称"渤海期货"）于 2025 年 6 月 4 日召开 2025 年第三次临时股东 会议，审议通过了《关于申请公司股票在全国中小企业股份转让系统终止挂牌的 议案》，渤海期货基于自身发展规划需要，经慎重考虑，拟主动申请其股票在全 国中小企业股份转让系统终止挂牌。现将具体情况公告如下： 股票代码：000686 股票简称：东北证券 公告编号：2025-034 东北证券股份有限公司 6.经营范围：商品期货经纪，金融期货经纪，资产管理，期货投资咨询。（依 法须经批准的项目，经相关部门批准后方可开展经营活动） 2.统一社会信用代码：91310000MA1FL1T12Q 7.注册地址：中国（上海）自由贸易试验区新金桥路 28 号 12 层 8.与公司的关系：渤海期货为公司控股子公司，截至本公告披露日，公司持 有渤海期货 96%股 ...

智通财经6月5日电，东北证券(000686.SZ)公告称，其控股子公司渤海期货股份有限公司于6月4日召开 临时股东大会，审议通过了关于申请股票在全国中小企业股份转让系统终止挂牌的议案。渤海期货基于 自身发展规划需要，拟主动申请其股票在全国中小企业股份转让系统终止挂牌。该事项尚需全国股转公 司审批，存在不确定性。 东北证券：控股子公司渤海期货拟申请终止在新三板挂牌 ...

Core Viewpoint - The current industrial robot sector is dominated by RV and harmonic reducers, but cycloidal reducers are expected to break the bottleneck of a single technical route for humanoid robot reducers due to their high load capacity, impact resistance, and precision [1] Group 1: Cycloidal Reducer Characteristics - The cycloidal reducer is a novel transmission device that uses a planetary transmission principle and cycloidal pin gear meshing [2] - It consists of an input section, a reduction section, and an output section, providing compact structure, high transmission efficiency, stable operation, and long service life [2] Group 2: Comparison of Precision Reducers - Precision reducers include planetary reducers, harmonic reducers, RV reducers, and cycloidal reducers, each with distinct advantages and disadvantages [3] - RV reducers have high reduction ratios and efficiency but are large and costly; planetary reducers are small and inexpensive but perform poorly in reduction ratio and precision; harmonic reducers offer high reduction ratios and precision but have low load capacity and impact resistance [3] Group 3: Application in Humanoid Robots - Industrial robots are the main application area for precision reducers, with RV and harmonic reducers currently dominating the market [4] - Cycloidal reducers, combining the advantages of RV and harmonic reducers, are expected to be utilized in humanoid robots, particularly in industrial scenarios that require high load capacity and impact resistance [4] Group 4: Market Developments - Several companies have launched cycloidal reducer products, indicating a growing interest in this technology within the humanoid robot industry [5] - Companies such as Keda Li, Haoneng Co., Zhongdali De, and Shuanghuan Transmission are highlighted as key players in the cycloidal reducer market [5]

Core Viewpoint - PEEK (Polyether Ether Ketone) is recognized as a third-generation high-performance thermoplastic engineering plastic, ideal for replacing traditional materials like metals and ceramics due to its superior properties such as high temperature resistance, self-lubrication, high strength, and chemical stability [1][3] Group 1: Performance Characteristics - PEEK exhibits excellent performance in high temperature (long-term use temperature > 260 °C), self-lubrication (friction coefficient 0.15–0.35), high strength (tensile strength > 150 MPa), and chemical stability (resistant to pH 1–14 corrosion), making it a preferred choice over traditional materials [1][3] Group 2: Synthesis Process - The main synthesis method for PEEK is nucleophilic substitution, which allows for precise control over the reaction process, resulting in high structural regularity and performance stability of the material [2] - The nucleophilic substitution process, while effective, incurs higher costs due to stringent reaction conditions and raw material expenses [2] Group 3: Demand and Market Potential - PEEK's lightweight, extreme environment resistance, low friction wear, and electromagnetic compatibility make it a critical material in robotics, with applications in motors, bearings, reducers, and housings [3] - Assuming a usage of 10 kg of PEEK per robot and a market price of 400,000 yuan per ton, a production of one million robots could generate a demand of 10,000 tons of PEEK, corresponding to a market size of 4 billion yuan [3] Group 4: Supply Landscape - The PEEK market has high technical barriers, with few companies mastering large-scale industrial production, primarily dominated by Victrex, Solvay S.A, and Evonik Industries AG [4] - Domestic companies such as Zhongyan Co., Watte Co., and Jinfat Technology are rapidly emerging, with significant production capacity being developed [4] - Key suppliers for PEEK raw materials include companies like Xinhang New Materials and Zhongxin Fluorine Materials for DFBP, and Brothers Technology for phenol [4]

AI 进展持续，关注Agent、国产算力、AIDC 方向 继MCP 出现，AI 进展持续，关注Agent、国产算力、AIDC 方向：1）DeepSeek 发布Prover-V2 模型，参数量达6710 亿；2）海外科技巨头财 报超预期， capex 持续增长；3）复盘2024 年9 月24 日至2025 年5 月 23 日部分代表性agent 上市公司股价表现，个股平均涨幅在76%，整体 趋势向上，叠加计算机部分 公司基本面修复局面，我们判断25 年AI 行 情有望继续演绎，或将迎来α+β共振；4）AI agent+医疗/教育/政务/工 业成为优先落地场景；5）随着国内一季报 落地和国内大厂陆续公布 capex 指引，我们认为国内外算力需求有望迎来共振，基建需求景气度依 旧，看好今年国产算力为首的生态以及整个 AIDC 产业 链表现。6） DeepSeek 的推出，让AI 加速走入千行万业，各大厂商纷纷推出一体机。 自2 月13 日以来，已有70 多昇腾合作伙伴基于华为Atlas 系列产品打 造DeepSeek 一体机，满足不同行业场景需要。 5 月人形机器人催化密集，继续看好国产链 从国内外特斯拉与以华为为 ...

Group 1 - The Beijing Stock Exchange's listing committee approved Hebei Shichang Automotive Parts Co., Ltd. for IPO, marking the 21st company approved this year, with 8 from the Beijing Stock Exchange and 13 from the Shanghai and Shenzhen Stock Exchanges combined [1] - Shichang's main business involves the research, production, and sales of automotive fuel systems, primarily focusing on plastic fuel tank assemblies [1] - The company plans to issue up to 15.70 million shares, with a fundraising target of 171.18 million yuan, allocated for a new energy high-pressure fuel tank project and working capital [3] Group 2 - As of the signing date of the prospectus, the controlling shareholder, Gao Shichang, holds 20.40 million shares, representing 48.27% of the total share capital [1] - Gao Shichang and Gao Yongqiang collectively hold 28.40 million shares, accounting for 67.20% of the total share capital, with their family members and associated entities holding an additional 4.17 million shares, bringing their total control to 77.06% of voting rights [2] - The company has a significant influence from its actual controllers, with Gao Shichang serving as the chairman and Gao Yongqiang as the director and secretary of the board [2] Group 3 - The listing committee raised inquiries regarding the authenticity of the company's operating performance, including accounts receivable, sales returns, and the rationale behind financial metrics compared to industry trends [5] - Questions were also posed about the sustainability of the company's operating performance, focusing on new customer development and competitive advantages in maintaining customer relationships [5]

公司党委通过实施"战斗力工程"，努力打造一支政治过硬、能力过硬、作风过硬，富有战斗力的高素质 员工队伍，促进公司"三一五三"战略实施和转型高质量发展。通过继续创建"四强三好"党支部并组织开 展创建评估工作，进一步强化党支部建设标准，发挥支部战斗堡垒和先锋模范作用，将党建工作和业务 工作一同谋划和推进，提升支部的凝聚力。公司各党支部坚持将"三会一课"、主题党日等活动同部门业 务共同开展，基层党组织的功能和党员的示范引领作用都得到有效提升。 价值引领：传承红色金融基因库 在资本市场浪潮奔涌的新时代，文化建设已成为证券公司构筑核心竞争力的战略支点。近日，东北证券 文化建设实践报告正式披露，全方位展示了公司2024年度文化建设成果。东北证券有关负责人表示，深 耕行业三十七载，东北证券始终将文化建设视为公司发展的生命工程，通过加强党建引领，实施"一二 三"文化战略，打造"融新"特色文化品牌，实现了文化软实力与业务硬实力的同频共振，在践行金融报 国使命的征程中书写着高质量发展的时代答卷。 擎旗铸魂 党建引领构筑文化新高地 在东北证券的文化建设图谱中，党建引领是贯穿始终的红色基因。公司党委以"四个引领"为笔触，在资 本市场 ...

◎记者 徐蔚 在2024年年报及2025年一季报披露收官后，A股上市券商近期密集召开业绩说明会，直面投资者关切的 市值管理和分红安排、并购重组规划、战略转型等热点问题。多家券商高管表示，证券行业正迎来新一 轮发展机遇期，未来将结合市场趋势优化业务布局，同时通过提升分红频次、审慎推进并购重组等方式 增强投资者回报与行业竞争力。 市值管理受关注 提升回报力度 今年以来，以投资者关切为主导、呈现形式多样化、业绩交流常态化等成为上市券商业绩说明会的重要 标签，券商高管和投资者参加热情"双高"。据上海证券报记者统计，5月至今，已有申万宏源、东北证 券、西部证券、长江证券等近20家上市券商通过业绩说明会、投资者接待日等渠道，积极与投资者互 动。 在监管政策倡导下，分红成为投资者关注焦点。多家券商均强调将保持稳健分红政策，并辅以市值管理 措施增强投资者信心。 山西证券在近期举行的投资者座谈交流中表示，上市以来，公司每年均实施现金分红。今年，公司将继 续保持现金分红的高比例和多频次，为提高利润分配的决策效率，股东大会已经就中期利润分配向董事 会做了授权。对于2024年至2026年的股东回报规划，公司每年以现金分红方式分配的利 ...

Group 1 - The car display industry is experiencing rapid growth driven by the transformation of the automotive sector, particularly with the rise of electric and smart vehicles, leading to an expected shipment of 230 million car display panels globally in 2024, a year-on-year increase of 8.5%, and a projected 5.4% growth to 250 million panels in 2025 [1] - The demand for larger and multiple displays in vehicles is increasing, with new products like HUDs and co-driver screens emerging to meet consumer needs, significantly boosting the installation rates of car displays [1] - The performance of electric vehicles is particularly notable, with models like Xiaomi SU7 and Zeekr 007 featuring large, high-resolution displays to enhance user experience, further stimulating market demand for car displays [1] Group 2 - While LCD technology remains dominant in the car display panel market, emerging technologies such as OLED, Mini LED, and Micro LED are gaining traction, with OLED expected to increase its market share due to its advantages like self-lighting and high contrast [2] - Mini LED technology combines the strengths of traditional LED and OLED, offering high brightness and energy efficiency, while Micro LED is viewed as a revolutionary future direction for car displays due to its superior performance in brightness, contrast, and lifespan [2] - Other innovative display technologies, such as holographic displays and near-field projection, are also being explored, indicating a shift towards more interactive and advanced display solutions in vehicles [2] Group 3 - The traditional supply chain in car displays involves panel manufacturers, module manufacturers, system integrators, and automakers, but the increasing demands for display technology are fostering closer collaborations between automakers and panel manufacturers [3] - This direct cooperation is expected to enhance technical capabilities, improve production efficiency, and reduce costs, thereby driving technological advancements and industry upgrades in the car display sector [3]

投资者关系活动 类别 □ 特定对象调研 □ 分析师会议 □ 媒体采访 ☑业绩说明会 □ 新闻发布会 □ 路演活动 □ 现场参观 □ 其他 参与单位名称及 人员姓名 投资者网上提问 时间 2025 年 5 月 27 日（周二)下午 15:00-16:30 地点 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） 采用网络远程的方式参与吉林辖区上市公司投资者网上集体接 待日活动 上市公司 接待人员姓名 副总裁、财务总监王天文先生，董事会秘书董曼女士。 投资者关系活动 主要内容介绍 1.你好，请问亚泰集团转让股权事宜进展情况？ 答:尊敬的投资者您好！本次股权转让正在推进过程中，未 来尚需按照相关法律法规的规定履行审议程序，并经国有资产管 理有权机构及证券监管有权机构批准，公司将持续关注该事项的 进展情况，并按相关规定及时履行信息披露义务。感谢您对公司 的关注，祝您投资愉快！ 2.公司股价连续多年长期处于净资产之下，且上年以来累计 分红每股仅 1 元左右。如何提升投资者对公司经营的认可，近期 有何市值管理举措？ 答:尊敬的投资者您好！影响公司股价波动的因素有很多， 1 包括宏观经济环境、公司 ...