Summary of Key Points Core Viewpoint The report from Northeast Securities provides a comprehensive analysis of the IPO projects on the main board for the first half of 2025, detailing the number of companies accepted, approved, listed, and terminated, along with insights into industry distribution, financial data, and regional representation. Group 1: New Applications - A total of 20 companies were newly accepted for review on the main board in the first half of 2025, compared to only 1 company in the same period of 2024 [2] - The 20 companies span 13 different industries, with the largest sectors being chemical manufacturing, computer and electronic equipment manufacturing, and automotive manufacturing, each contributing 15% to the total [2] - Among the accepted companies, 17 adhered to the first listing standard, while the others followed different standards [2][3] Group 2: Approved or Registered Companies - By June 30, 2025, 11 companies had been approved or registered but had not yet listed, an increase from 4 in the previous year [9] - These companies are distributed across 10 industries, with the computer and electronic equipment manufacturing sector having the highest representation [9] - All 11 companies that were approved or registered adhered to the first listing standard [10] Group 3: Listed Companies - A total of 18 companies successfully listed on the main board in the first half of 2025, compared to 12 in the same period of 2024 [11] - The listed companies are involved in 11 different industries, with automotive manufacturing and specialized equipment manufacturing being the most prominent [12] - All listed companies adhered to the first listing standard, with an average net profit of 43.63 million yuan, reflecting a 46.31% increase year-on-year [13] Group 4: Terminated Projects - There were 23 companies that terminated their IPO applications in the first half of 2025, a significant decrease from 110 in the same period of 2024 [14] - The terminated companies were involved in 18 different industries, with the computer and electronic equipment manufacturing sector again being the most affected [15] - The majority of the terminations were due to voluntary withdrawal of applications, with only a few cases of registration termination [16][17] Group 5: Financial Data - The average net profit for the 10 approved or registered companies was 117.95 million yuan, with the highest being 883.11 million yuan [10] - The average net profit for the listed companies was 43.63 million yuan, with the highest being 378.72 million yuan [13] - Among the terminated companies, only 4 disclosed financial data, showing varied performance in net profit changes [19] Group 6: Regional Distribution - The new applications were concentrated in 12 regions, with Zhejiang being the most represented [8] - The approved or registered companies were primarily from 5 regions, with Guangdong and Jiangsu having the highest numbers [11] - The terminated companies were also distributed across 11 regions, with Guangdong leading in terminations [21]

Core Insights - The rise of generative AI technology in cybersecurity is described as a "double-edged sword," presenting both opportunities and risks [2][5] - The global AI security market is projected to reach $134 billion by 2030, with a compound annual growth rate (CAGR) of 27.6% from 2023 to 2030 [3] Group 1: AI Empowering Cybersecurity - AI is enhancing traditional cybersecurity products and improving operational efficiency, particularly in threat detection and response [3] - Key areas where AI is applied include malware detection, attack traffic detection, user and entity behavior analysis, and encryption traffic analysis [3] Group 2: AI Inherent Security - The emergence of AI models, data, and systems creates new security challenges, including threats to model integrity, data privacy, and system security [4] - AI model security concerns include threats to training integrity, testing integrity, and robustness [4] Group 3: AI Derivative Security Issues - The misuse of AI can lead to significant security risks, including accidents caused by AI system errors and the potential for an arms race in AI weaponry [5] - Regulatory measures are being implemented globally to address AI misuse, with China introducing guidelines for generative AI service management and content identification [5]

登录新浪财经APP 搜索【信披】查看更多考评等级 1.本次股东大会无否决或修改议案的情况。 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1.会议召开时间： （1）现场会议召开时间：2025年7月31日（星期四）14:30时。 股票代码：000686 股票简称：东北证券 公告编号：2025-043 东北证券股份有限公司 2025年第二次临时股东大会决议公告 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。 特别提示： （2）网络投票时间：通过深圳证券交易所交易系统投票的时间为2025年7月31日（星期四）上午9:15- 9:25，9:30-11:30，下午13:00-15:00；通过深圳证券交易所互联网投票系统（http://wltp.cninfo.com.cn） 进行投票的时间为2025年7月31日（星期四）9:15-15:00期间的任意时间。 2.现场会议召开地点：吉林省长春市生态大街6666号东北证券股份有限公司1118会议室。 3.会议召开方式：本次股东大会采取现场表决与网络投票相结合的方式召开。 4.会议召集人：公司董事 ...

Group 1 - The stock price of Northeast Securities closed at 8.23 yuan on July 31, down 1.91% from the previous trading day [1] - The trading volume on that day was 324,853 shares, with a total transaction amount of 269 million yuan [1] - Northeast Securities is a significant financial institution in Jilin Province, operating in various sectors including securities brokerage, investment banking, asset management, and proprietary trading [1] Group 2 - On July 31, Northeast Securities announced that its second extraordinary general meeting of shareholders in 2025 approved the proposal for the election of non-independent directors for the company's eleventh board of directors [1] - The company's eleventh board of directors held its fifth extraordinary meeting in 2025 on the same day, where multiple proposals were approved [1] - On July 31, the net outflow of main funds from Northeast Securities was 24.028 million yuan [1]

股票代码：000686 股票简称：东北证券 公告编号：2025-044 东北证券股份有限公司 第十一届董事会 2025 年第五次临时会议决议公告 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。 一、董事会会议召开情况 本次会议以记名投票表决的方式审议并通过了以下议案： （一）审议通过了《关于董事会会议豁免提前通知的议案》 公司全体董事一致同意豁免本次会议提前通知的义务，并同意于 2025 年 7 月 31 日召开本次会议。 表决结果：13 票同意，0 票反对，0 票弃权，审议通过本议案。 （二）审议通过了《关于选举陈铁志先生为公司第十一届董事会战略与 ESG 管理委员会委员的议案》 公司董事会同意选举陈铁志先生为公司第十一届董事会战略与 ESG 管理委 员会委员，任期自本次董事会审议通过之日起至第十一届董事会届满之日止。 表决结果：13 票同意，0 票反对，0 票弃权，审议通过本议案。 年 7 月 31 日以现场和视频会议结合的方式召开，会议召开地点为吉林省长春市 生态大街 6666 号东北证券股份有限公司 1118 会议室。 月 31 日公司 2025 年第 ...

股票代码：000686 股票简称：东北证券 公告编号：2025-043 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。 特别提示： 一、会议召开和出席情况 （1）现场会议召开时间：2025 年 7 月 31 日（星期四）14:30 时。 （2）网络投票时间：通过深圳证券交易所交易系统投票的时间为 2025 年 7 月 31 日（星期四）上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳 证券交易所互联网投票系统（http://wltp.cninfo.com.cn）进行投票的时间为 司 1118 会议室。 （1）参加现场会议及网络投票的股东及股东代理人合计 127 人，代表股份 数 1,060,961,939 股，占公司有表决权股份总数的 45.3315%。其中，参加现场 会议的股东及股东代理人共有 2 人，代表股份数 997,242,326 股，占公司有表决 权股份总数的 42.6089%；参加网络投票的股东及股东代理人共有 125 人，代表 股份数 63,719,613 股，占公司有表决权股份总数的 2.7225%。 （2 ...

北京德恒律师事务所 关于东北证券股份有限公司 法律意见 德恒 DHLBJSEC000361-65 号 致：东北证券股份有限公司 北京德恒律师事务所（以下简称"本所"）受东北证券股份有限公司（以下 简称 "公司"）委托，指派本所律师出席公司 2025 年第二次临时股东大会（以 下简称"本次股东大会"），对本次股东大会的合法性进行见证并出具法律意见。 本法律意见根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）等法律法规、规范性 文件以及《东北证券股份有限公司章程》（以下简称"《公司章程》"）、《东 北证券股份有限公司股东大会议事规则》（以下简称"《股东大会议事规则》"） 而出具。 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于东北证券股份有限公司 北京德恒律师事务所 关于东北证券股份有限公司 法律意见 本所及经办律师依据《中华人民共和国证券法》《律师事务所从事证券法律 业务管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及本 ...

（文章来源：证券日报） 证券日报网讯 7月31日晚间，东北证券发布公告称，公司2025年第二次临时股东大会于2025年7月31日 召开，审议通过了《关于选举公司第十一届董事会非独立董事的议案》。 ...

（文章来源：证券日报） 证券日报网讯 7月31日晚间，东北证券发布公告称，公司第十一届董事会2025年第五次临时会议审议通 过了《关于董事会会议豁免提前通知的议案》等多项议案。 ...

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。 特别提示： 1.本次股东大会无否决或修改议案的情况。 股票代码：000686 股票简称：东北证券 公告编号：2025-043 东北证券股份有限公司 2025 年第二次临时股东大会决议公告 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1.会议召开时间： （1）现场会议召开时间：2025 年 7 月 31 日（星期四）14:30 时。 （2）网络投票时间：通过深圳证券交易所交易系统投票的时间为 2025 年 7 月 31 日（星期四）上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳 证券交易所互联网投票系统（http://wltp.cninfo.com.cn）进行投票的时间为 2025 年 7 月 31 日（星期四）9:15-15:00 期间的任意时间。 2.现场会议召开地点：吉林省长春市生态大街 6666 号东北证券股份有限公 司 1118 会议室。 3.会议召开方式：本次股东大会采取现场表决与网络投票相结合的方式召开。 4.会议召集人：公司董 ...