邓志美的上述行为违反了《证券基金经营机构董事、监事、高级管理人员及从业人员监督管理办法》第二十六条第（二）项、第三十一条及《证券期货经营 机构及其工作人员廉洁从业规定》第十条第（四）项的有关规定。 基于此，湖南证监局根据相关规定，决定对邓志美采取出具警示函的行政监管措施，并记入证券期货市场诚信档案。若邓志美对本监督管理措施不服，可在 收到本决定书之日起 60 日内向中国证券监督管理委员会提出行政复议申请，也可以在收到本决定书之日起 6 个月内向有管辖权的人民法院提起诉讼。不 过，复议与诉讼期间，上述监督管理措施不停止执行。 2025 年 9 月 17 日，湖南证监局发布了关于对邓志美采取出具警示函行政监管措施的决定。经查，邓志美在东北证券股份有限公司湖南分公司担任投资顾问 期间，投资入股两家外部公司，并介绍个人投资者通过上述公司开展场外个股期权业务以获取收益。 ...

（二）与其履行职责存在利益冲突的活动； 中国经济网北京9月18日讯 湖南证监局昨日发布关于对邓志美采取出具警示函行政监管措施的决 定。经查，邓志美在东北证券股份有限公司（简称"东北证券"000686.SZ）湖南分公司担任投资顾问期 间，投资入股两家外部公司，并介绍个人投资者通过上述公司开展场外个股期权业务以获取收益。 上述行为违反了《证券基金经营机构董事、监事、高级管理人员及从业人员监督管理办法》第二十 六条第（二）项、第三十一条及《证券期货经营机构及其工作人员廉洁从业规定》第十条第（四）项的 有关规定。 根据《证券基金经营机构董事、监事、高级管理人员及从业人员监督管理办法》第五十一条、《证 券期货经营机构及其工作人员廉洁从业规定》第十八条规定，湖南证监局决定对邓志美采取出具警示函 的行政监管措施，并记入证券期货市场诚信档案。 《证券基金经营机构董事、监事、高级管理人员及从业人员监督管理办法》第二十六条规定：证券 基金经营机构董事、监事、高级管理人员及从业人员不得从事下列行为： （一）利用职务之便为本人或者他人牟取不正当利益； （三）不正当交易或者利益输送； （四）挪用或者侵占公司、客户资产或者基金财产； （ ...

Core Viewpoint - The compliance issues in the securities industry, particularly regarding irregular client solicitation and violations by investment advisors in the over-the-counter options market, are becoming significant obstacles for brokerages in maintaining regulatory compliance [1][3]. Group 1: Compliance Violations - Hunan Securities Regulatory Bureau issued three warning letters to Hua Bao Securities and Northeast Securities for non-compliance in client solicitation and investment advisory practices [1][3]. - Hua Bao Securities' branch in Changsha was penalized for irregular client solicitation and inadequate compliance management, with the branch manager, Chen Yeli, held primarily responsible [3][5]. - Former investment advisor at Northeast Securities, Deng Zhimei, was found to have violated regulations by guiding personal investors to engage in unapproved over-the-counter options trading for profit [3][8]. Group 2: Regulatory Environment - The number of penalties related to client solicitation has increased significantly, with 20 penalties issued since the market recovery began in September 2022, compared to only 9 in the same period the previous year [8][9]. - The total number of penalties issued in 2023 has reached 224, affecting 78 brokerages, indicating a trend of heightened regulatory scrutiny [9]. - The regulatory environment is shifting towards a more stringent approach, emphasizing the need for brokerages to transform compliance from a formal requirement to a core competency [9]. Group 3: Market Trends - The surge in market activity since the September 2022 rally has led to a rise in irregular client solicitation and violations in promoting financial products [8]. - The over-the-counter options market has seen 22 penalties issued in 2024, highlighting the hidden nature of such violations [8][9]. - Recent regulatory changes have restricted individual investors from directly participating in over-the-counter options, requiring them to go through qualified institutions and meet asset thresholds [9].

Overall Performance Growth - The overall performance of listed securities firms in the first half of 2025 showed significant growth, with total revenue reaching 251.87 billion yuan, a year-on-year increase of 30.8%, and net profit attributable to shareholders reaching 104.02 billion yuan, up 65.08% [2] - Leading firms like CITIC Securities, Guotai Junan, Huatai Securities, and GF Securities reported revenues exceeding 10 billion yuan, indicating a strong competitive landscape [2][3] - CITIC Securities maintained its industry leadership with a revenue of 33.04 billion yuan, a growth of 20.44%, and a net profit of 13.72 billion yuan, up 29.8% [2] Small and Medium-sized Firms' Performance - Small and medium-sized securities firms demonstrated impressive growth, with companies like Dongbei Securities and Guojin Securities reporting net profit growth exceeding 100% [3] - Dongbei Securities achieved a revenue of 2.05 billion yuan, a year-on-year increase of 31.66%, and a net profit of 431 million yuan, up 225.9% [3] - The recovery of the market environment was cited as a key factor for this growth, with increased financing activities in both primary and secondary markets [3] Business Segment Performance - Proprietary trading remained the primary growth driver, with total proprietary income for 42 listed firms reaching 112.35 billion yuan, a year-on-year increase of 53% [5] - Brokerage business also contributed significantly, with CITIC Securities leading with brokerage income of 6.40 billion yuan, followed by Guotai Junan and GF Securities [6] - Investment banking revenue for the first half of the year reached 15.53 billion yuan, reflecting an 18% year-on-year growth, driven by improved equity financing conditions [7] Mergers and Acquisitions - The pace of mergers and acquisitions in the securities industry has accelerated, with notable combinations such as Guotai Junan and Haitong Securities [8] - The integration of resources through mergers is becoming a catalyst for transformation and growth among securities firms [8][9] - The regulatory environment is supportive of mergers, which may lead to significant changes in industry dynamics and increased competitiveness [9][10] Future Outlook - The securities industry is expected to maintain a positive growth trajectory, supported by capital market reforms and increased market activity [1][4] - Analysts express optimism regarding the potential for continued improvement in return on equity (ROE) and valuation levels for securities firms [10]

Group 1 - Northeast Securities announced that its largest shareholder, Jilin Yatai Group, will release 37.19 million shares from pledge and re-pledge them by September 15, 2025 [1] - As of the announcement date, Jilin Yatai Group has pledged approximately 355 million shares, accounting for 49.25% of its total holdings [1] - For the first half of 2025, Northeast Securities' revenue composition is as follows: 51.98% from securities brokerage, 23.18% from proprietary trading, 15.14% from fund business, 11.85% from asset management, and 3.86% from futures business [1] Group 2 - The market capitalization of Northeast Securities is currently 20 billion yuan [2]

东北证券股份有限公司2025年面向专业投资者公开发行次级债券（第五期） （以下简称"本期债券"）发行规模为不超过人民币10亿元（含10亿元）。 证券代码：524430.SZ 证券简称：25东北C5 东北证券股份有限公司2025年面向专业投资者公开发行次级债 券（第五期）票面利率公告 发行人及其全体董事、监事、高级管理人员或履行同等职责的人员保证公告 内容真实、准确和完整，并对公告中的虚假记载、误导性陈述或者重大遗漏承担 责任。 东北证券股份有限公司（以下简称"发行人"）公开发行不超过人民币80亿 元的次级公司债券已获得中国证券监督管理委员会"证监许可〔2024〕1731号" 注册。 2025年9月16日（T-1日）15:00—19:00，发行人和主承销商长城证券股份有 限公司在网下向专业机构投资者进行了票面利率询价，利率询价区间为2.20%- 3.20%。根据网下向专业机构投资者询价结果，经发行人和主承销商充分协商和 审慎判断，最终确定本期债券票面利率为2.56%。 2025 9 16 东北证券股份有限公司 年 月 日 债券（第五期）票面利率公告》之盖章页） 长城证券股份有限公司 2025 9 16 年 月 ...

Group 1 - The recent investor relations activity of Yihai Kerry Arawana Holdings Co., Ltd. attracted significant attention, with numerous institutions gathering to understand the company's business layout and development trends [1] - The on-site visits took place on September 11 and September 16, 2025, at two locations in Chongqing and Hangzhou, with participation from 28 institutions including Northeast Securities and Haifutong Fund [2] - The company has established 83 production bases nationwide, with a focus on health products and specialized offerings in the flour sector, despite a slight decline in overall flour consumption [3] Group 2 - The Chongqing enterprise group, established in 2009 and operational since 2011, covers approximately 800 acres and includes a soybean crushing facility and an egg-laying chicken farm [3] - The health product line includes low GI rice and plant sterol series products, with the company leveraging its existing product base for upgrades [3] - The egg-laying chicken factory in Chongqing, which began production this year, has a stock of 750,000 hens and focuses on products like antibiotic-free eggs, primarily sold through traditional and local chain supermarkets [3]

东北证券股份有限公司 证券代码：000686 证券简称：东北证券 公告编号：2025-049 关于第一大股东解除质押及再质押 所持公司部分股份的公告 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"）近日接到第一大股东吉林亚泰 （集团）股份有限公司（以下简称"亚泰集团"）函告，获悉其已于2025年9月 15日将所持公司37,190,000股股份解除质押并再质押，具体事项如下： 股东 名称 是否为控股 股东或第一 大股东及其 一致行动人 本次解除质押 股份数量 （股） 占其所 持股份 比例 占公司 总股本 比例 起始日 解除日期 质权人 亚泰 集团 是 24,600,000 3.41% 1.05% 2022-6-24 2025-9-15 上海浦东发展银行股 份有限公司长春分行 亚泰 集团 是 12,590,000 1.75% 0.54% 2022-6-24 2025-9-15 上海浦东发展银行股 份有限公司长春分行 合计 - 37,190,000 5.16% 1.59% - - - 一、本次解除质押基本情况 三、股东股份累计 ...

根据簿记建档当日市场情况，经发行人和簿记管理人协商一致，将簿记建档 结束时间由 2025 年 9 月 16 日 17:00 延长至 2025 年 9 月 16 日 19:00。 特此公告。 （本页无正文，为《关于延长东北证券股份有限公司 2025 年面向专业投资者公 开发行次级债券（第五期）簿记建档时间的公告》之盖章页） 2025 9 16 2025 9 16 关于延长东北证券股份有限公司 2025 年面向专业投资者公 开发行次级债券（第五期）簿记建档时间的公告 东北证券股份有限公司（以下简称"发行人"）面向专业投资者公开发行面 值余额不超过 80 亿元的次级债券已获得中国证券监督管理委员会（证监许可 〔2024〕1731 号）注册同意。 东北证券股份有限公司 2025 年面向专业投资者公开发行次级债券（第五期） （以下简称"本期债券"）发行规模为不超过人民币 10 亿元（含 10 亿元）。 根据《东北证券股份有限公司 2025 年面向专业投资者公开发行次级债券（第 五期）发行公告》，发行人和主承销商原定于 2025 年 9 月 16 日（T-1 日）15:00 至 17:00 以簿记建档的方式向网下专业机构 ...

Core Points - The company Yingjianke (300935.SZ) reported a decline in revenue and increased net losses for the first half of 2025 compared to the previous year [1][2] - The company's operating income for the first half of 2025 was 48.45 million yuan, a decrease of 4.11% year-on-year [2] - The net profit attributable to shareholders was -32.38 million yuan, representing a 32.01% increase in losses compared to the same period last year [2] - The net profit after deducting non-recurring gains and losses was -36.56 million yuan, a 22.34% increase in losses year-on-year [2] - The net cash flow from operating activities was -40.72 million yuan, a decline of 14.78% compared to the previous year [2] Financial Performance Summary - In 2024, the company achieved an operating income of 133.82 million yuan, down 17.65% from 2023 [4] - The net profit attributable to shareholders in 2024 was -50.78 million yuan, a 26.35% increase in losses compared to 2023 [4] - The net profit after deducting non-recurring gains and losses for 2024 was -62.50 million yuan, a 16.54% increase in losses year-on-year [4] - The net cash flow from operating activities in 2024 was -32.42 million yuan, a 12.00% decline compared to 2023 [4] Historical Financial Data - In 2022, the company reported an operating income of 167.36 million yuan and a net profit of -27.94 million yuan [3] - The net profit after deducting non-recurring gains and losses in 2022 was -44.59 million yuan, with a net cash flow from operating activities of -50.05 million yuan [3] IPO and Fundraising - Yingjianke was listed on the Shenzhen Stock Exchange's ChiNext on January 20, 2021, with an initial issuance of 14.13 million shares at a price of 56.96 yuan per share [4][5] - The total funds raised from the IPO amounted to 80.48 million yuan, with a net amount of 73.74 million yuan after deducting issuance costs [5] - The company planned to use the raised funds for various projects, including the development of a Building Information Modeling (BIM) platform and marketing network expansion [5]