一、董事会会议召开情况 国元证券股份有限公司（以下简称公司）第十届董事会第二十八次会议通知 于 2025 年 10 月 23 日以电子邮件等方式发出，会议于 2025 年 10 月 27 日以通讯 方式召开，会议的召开和表决程序合法有效。本次会议应表决的董事 14 人，实 际表决的董事 14 人。会议的召开符合法律、行政法规、部门规章、规范性文件 和《公司章程》等有关规定。 二、董事会会议审议情况 证券代码：000728 证券简称：国元证券 公告编号：2025－038 国元证券股份有限公司 第十届董事会第二十八次会议决议公告 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。 本次会议以记名投票的方式审议通过如下决议： （一）审议通过《公司 2025 年第三季度报告》。 表决结果：赞成票【14】票，反对票【0】票，弃权票【0】票，审议通过本 议案。 2025 年 10 月 25 日，公司第十届董事会审计委员会 2025 年第六次会议全票 审议通过本议案。 （二）审议通过《关于拟转让安徽安元投资基金有限公司部分股权的议案》。 同意公司以非公开协议转让方式将安徽安元投 ...

Core Insights - Guoyuan Securities reported a significant increase in revenue and net profit for the first three quarters of 2025, with operating income reaching 4.971 billion yuan, a year-on-year growth of 26.2%, and net profit attributable to shareholders amounting to 2.015 billion yuan, reflecting a growth of 28.34% [1][2]. Financial Performance - Total operating income for the reporting period was 1,574,734,800.01 yuan, showing a 2.22% increase compared to the previous year [2]. - Year-to-date operating income reached 4,971,359,243.31 yuan, marking a 26.20% increase from the same period last year [2]. - Net profit attributable to shareholders for the reporting period was 610,127,593.33 yuan, with a year-on-year increase of 7.08% [4].

Core Viewpoint - Guoyuan Securities (000728.SZ) reported a steady growth in revenue and net profit for Q3 2025, driven by improvements in wealth credit, securities investment trading, and investment banking services [1] Financial Performance - In Q3 2025, the company achieved an operating income of 1.575 billion yuan, representing a year-on-year increase of 2.22% [1] - The net profit attributable to shareholders for Q3 2025 was 610 million yuan, reflecting a year-on-year growth of 7.08% [1] - For the first three quarters of 2025, the total operating income reached 4.971 billion yuan, marking a year-on-year increase of 26.20% [1] - The net profit attributable to shareholders for the first three quarters was 2.015 billion yuan, with a year-on-year growth of 28.34% [1] Business Drivers - The growth in performance is primarily attributed to the year-on-year increases in wealth credit, securities investment trading, and investment banking business [1]

国元证券10月27日公告，2025年第三季度实现营业收入15.75亿元，同比增长2.22%；归属于上市公司股 东的净利润6.1亿元，同比增长7.08%；基本每股收益0.14元。前三季度实现营业收入49.71亿元，同比增 长26.20%；归属于上市公司股东的净利润20.15亿元，同比增长28.34%。 ...

国元证券股份有限公司 2025 年第三季度报告 证券代码：000728 证券简称：国元证券 公告编号：2025－039 国元证券股份有限公司 2025 年第三季度报告 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。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司法定代表人沈和付先生、总会计师司开铭先生及财务会计部总经理朱金一先生声明：保证季度报告中财务信息的 真实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √是 □否 追溯调整或重述原因 √会计政策变更 | | | | | 本报告期 | | | | 年初至报告 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本报告期 | 上年同期 | | 比上年同 | 年初至报告期末 | 上年同期 | | 期末比上年 | | | | ...

Market Performance - The Anhui state-owned enterprise reform sector rose by 1.73% compared to the previous trading day, with Waneng Electric Power leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Key Stocks in Anhui State-Owned Enterprise Reform Sector - Waneng Electric Power (000543) closed at 8.65, up 10.05%, with a trading volume of 1.0268 million shares and a transaction value of 870 million [1] - Anhui Heli (600761) closed at 21.76, up 6.41%, with a trading volume of 295,300 shares and a transaction value of 634 million [1] - Tongguan Copper Foil (301217) closed at 32.10, up 6.05%, with a trading volume of 510,300 shares and a transaction value of 1.626 billion [1] - Jianghuai Automobile (600418) closed at 52.79, up 5.01%, with a trading volume of 721,100 shares and a transaction value of 3.777 billion [1] - Tongling Nonferrous Metals (000630) closed at 5.86, up 2.81%, with a trading volume of 3.9126 million shares and a transaction value of 2.299 billion [1] Capital Flow Analysis - The Anhui state-owned enterprise reform sector saw a net inflow of 156 million from main funds, while speculative funds experienced a net outflow of 231 million [2] - Retail investors contributed a net inflow of 74.36 million [2] Individual Stock Capital Flow - Jinghe Integrated (688249) had a main fund net inflow of 242 million, but a speculative fund net outflow of 42.99 million [3] - Jianghuai Automobile (600418) saw a main fund net inflow of 160 million, with a speculative fund net outflow of 166 million [3] - Waneng Electric Power (000543) experienced a main fund net inflow of 64.71 million, while speculative funds had a net outflow of 57.96 million [3]

Market Performance - On October 27, the securities sector rose by 1.17%, with Dongxing Securities leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Individual Stock Performance - Dongxing Securities (601198) closed at 12.74, up 6.61% with a trading volume of 1.86 million shares and a turnover of 2.356 billion [1] - Xiangcai Shares (600095) closed at 13.12, up 5.55% with a trading volume of 1.6562 million shares and a turnover of 2.193 billion [1] - Other notable performers include: - Industrial Securities (601377) at 6.74, up 3.06% [1] - Huatai Securities (601688) at 22.45, up 2.98% [1] - XD Xinda Securities (601059) at 20.03, up 2.72% [1] Capital Flow Analysis - The securities sector experienced a net outflow of 1.848 billion from institutional investors, while retail investors saw a net inflow of 0.886 billion [2] - Notable capital flows include: - Huatai Securities (601688) with a net inflow of 0.323 billion from institutional investors [3] - Guangfa Securities (000776) with a net inflow of 0.275 billion from institutional investors [3] - Xiangxi Shares (600095) with a net inflow of 0.241 billion from institutional investors [3]

Core Viewpoint - The securities sector experienced significant activity on October 27, with notable stock price increases for several companies, indicating a positive market sentiment in this industry [1]. Group 1: Stock Performance - Dongxing Securities saw a rise of over 8%, peaking at more than 9% during the trading session [1]. - Xiangcai Securities increased by over 6% [1]. - Other securities firms such as Industrial Securities, Huatai Securities, GF Securities, and Xinda Securities also reported notable gains [1]. - The current prices and percentage changes for selected securities are as follows: - Dongxing Securities: 12.99, up 8.70% - Xiangcai Securities: 13.23, up 6.44% - Industrial Securities: 6.80, up 3.98% - Huatai Securities: 22.39, up 2.71% - GF Securities: 23.49, up 2.31% [2]. Group 2: Trading Volume - Citic Securities experienced a 1% increase in stock price, with trading volume exceeding 10 billion yuan [3].

Core Viewpoint - The securities sector showed significant activity on October 27, with notable stock price increases for several companies, indicating a positive market sentiment in this industry [1]. Group 1: Stock Performance - Dongxing Securities experienced a rise of over 8%, reaching a price of 12.99, while its peak increase was over 9% [2]. - Xiangcai Shares increased by more than 6%, with a current price of 13.23 [2]. - Other securities firms such as Industrial Securities, Huatai Securities, GF Securities, and Xinda Securities also reported notable gains, contributing to the overall positive trend in the sector [1]. Group 2: Trading Volume - Citic Securities saw a 1% increase in its stock price, with trading volume exceeding 10 billion yuan [3].

Core Viewpoint - The A-share market has seen a significant rise in brokerage stocks, with notable increases in shares of Dongxing Securities, Xiangcai Securities, and Huatai Securities [1] Group 1: Stock Performance - Dongxing Securities experienced a rise of 6.19%, with a total market capitalization of 41 billion and a year-to-date increase of 16.97% [2] - Xiangcai Securities saw an increase of 5.95%, with a market cap of 37.7 billion and a year-to-date rise of 82.92% [2] - Huatai Securities rose by 2.20%, boasting a market capitalization of 201.1 billion and a year-to-date increase of 28.85% [2] Group 2: Other Brokerage Stocks - Guoyuan Securities increased by 1.74%, with a market cap of 40.9 billion and a year-to-date rise of 14.49% [2] - Industrial Securities rose by 1.68%, with a market capitalization of 57.4 billion and a year-to-date increase of 7.81% [2] - GF Securities saw a rise of 1.66%, with a market cap of 177.5 billion and a year-to-date increase of 48.01% [2] - China Galaxy Securities increased by 1.12%, with a market capitalization of 197.4 billion and a year-to-date rise of 19.89% [2]