Group 1 - The core point of the article is that Guoyuan Securities reported the number of its shareholders as of September 10, 2025, which stands at 88,947 households [2]

证券代码：000728 证券简称：国元证券 公告编号：2025－036 国元证券股份有限公司 关于参加 2025 年安徽辖区上市公司投资者 网上集体接待日活动的公告 为进一步加强与投资者的互动交流，国元证券股份有限公司（以下简称公司） 将参加由安徽证监局指导，安徽上市公司协会与深圳市全景网络有限公司联合举办 的"2025 年安徽上市公司投资者网上集体接待日"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP， 参与本次互动交流，活动时间为 2025 年 9 月 15 日（周一）15:00-17:00。届时公 司高管将在线就公司业绩、公司治理、发展战略、经营状况和可持续发展等投资者 关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 国元证券股份有限公司董事会 2025年9月12日 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。 ...

证券代码：000728 证券简称：国元证券 公告编号：2025－035 国元证券股份有限公司 关于股东部分股份质押的公告 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。 国元证券股份有限公司（以下简称本公司或公司）于 2025 年 9 月 11 日收到公 司第三大股东建安投资控股集团有限公司（以下简称建安集团）《关于质押部分国 元证券股份有限公司股份的告知函》，获悉建安集团所持有的本公司部分股份被质 押，具体事项如下： 一、股东股份质押的基本情况 | | 是否为控股股东 | 本次质押数 | 占其所 | 占公司 | 是否 | 是否为 | 质押 | 质押 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名称 | 或第一大股东及 | 量（股） | 持股份 | 总股本 | 为限 | 补充质 | 起始 | 到期 | 质权人 | 质押用途 | | | 其一致行动人 | | 比例 | 比例 | 售股 | 押 | 日 | 日 | | | | 建安集团 | 否 | 20, ...

Group 1: Industry Overview - The second "Golden Unicorn Best Investment Advisor Selection" event is being held, highlighting the rapid growth of China's wealth management industry as residents' financial awareness increases [1] - Investment advisors play a crucial role in wealth management, directly influencing asset allocation trends among the public [1] - The event aims to provide a platform for investment advisors to showcase their capabilities and enhance communication with investors, promoting healthy development in the wealth management sector [1] Group 2: Challenges Faced by Investment Advisors - Investment advisors are facing challenges such as increasingly diverse and personalized client demands, requiring a comprehensive knowledge base and professional skills [2] - The competitive landscape is intensifying as various financial institutions enter the wealth management space, necessitating continuous improvement in service quality and differentiation [2] - Rapid advancements in financial technology present both opportunities and challenges, as advisors must quickly adapt to new technologies to avoid being outpaced by the market [2] - Stricter regulatory environments impose higher compliance requirements, challenging advisors to innovate within regulatory frameworks [2] Group 3: Service Innovations by Guoyuan Securities - Guoyuan Securities emphasizes a "client-centered" service philosophy, focusing on understanding client needs to tailor wealth management solutions [3] - The company leverages technology, such as big data and artificial intelligence, to enhance service delivery and investment decision-making [3] - A digital advisory platform is being developed to facilitate efficient interaction between advisors and clients, allowing for real-time asset tracking and strategy adjustments [3] Group 4: Differentiated Service Models - Guoyuan Securities is establishing a "优+" wealth management brand, creating a differentiated service system by selecting top advisors for specialized client services [4] - The company is transitioning from a seller-oriented model to a buyer-oriented service model, focusing on maximizing client interests through comprehensive support [4] - Core initiatives include strategic leadership, mechanism innovation, technology empowerment, and talent assurance to build a holistic advisory system [4]

人民财讯9月11日电，企查查APP显示，近日，江阴市澄源瑞基国元股权投资合伙企业（有限合伙）成 立，出资额2.14亿元，经营范围包含：以私募基金从事股权投资、投资管理、资产管理等活动。企查查 股权穿透显示，该企业由国元证券(000728)全资子公司国元股权投资有限公司等共同出资。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 转自：证券时报 ...

智通财经APP获悉，国元证券发布研报称，2025低空经济发展大会于近日召开，大会聚焦政策与产业新 需求，集中展示前沿成果与应用场景，低空经济发展向好。8月挖掘机内外销双增。当前时点，出口端 无论从供给端还是需求端看国内龙头企业仍具备较强竞争优势。看好后续工程机械行业维持稳步增长态 势。建议关注深城交(301091.SZ)、万丰奥威(002085.SZ)、巨星科技(002444.SZ)、三一重工(600031.SH) 等。 国元证券主要观点如下： 低空经济板块 9月5日，2025低空经济发展大会在安徽芜湖开幕。大会以"场景创新引领安全有序发展"为主题，聚焦政 策与产业新需求，集中展示前沿成果与应用场景。作为全国首批全域低空空域管理改革试点省份之一， 安徽目前已集聚产业链企业逾570家，形成通航与无人机并重的格局，预计2025年产业规模突破600亿 元。大会期间，芜湖市发布低空智联系统，国家低空经济融合创新研究中心推出研究丛书，中国电科、 中国电信、中国航天科工发布重大成果，并完成多项项目签约和交付，参会规模超过千人，展现出安徽 低空经济加速进入政策、产业与资本协同发展的新阶段。 2)机械设备：出口链板块，建议关 ...

据Wind资讯数据统计，截至今年上半年末，华润信托、重庆信托、国联信托等18家信托公司现身25家A股上市公司的前十大流通股股东，持股总市值达 592.1亿元，相较于今年一季度末增长64.56亿元。 整体来看，25家A股上市公司分别来自非银金融、银行、交通运输、医药生物等多个行业。其中，金融行业是信托公司第一重仓行业。持股数量方面， 信托公司持股数量居前的6只个股均来自金融行业。国信证券、江苏银行获信托公司持股数量均为十亿级，分别达21.37亿股、12.81亿股。郑州银行、国元证 券、国联民生、东北证券获持股也较多，分别为7.05亿股、5.92亿股、3.90亿股和2.76亿股。 上述6只个股也位居信托公司持股市值前列，以降序排列，国信证券、江苏银行、国元证券、国联民生、东北证券、郑州银行获信托公司持仓市值分别 为246.18亿元、152.91亿元、46.74亿元、40.38亿元、21.06亿元和14.51亿元。 转自：证券日报网 本报记者 方凌晨 信托公司最新重仓股出炉。随着信托行业转型步入深水区，标品信托的发展成为重要抓手。证券市场是信托资金投向的重要领域，透过A股前十大流通 股股东名单，可以窥见信托资金在证 ...

Group 1: Company Strategy and Initiatives - The "Scientist Accompaniment Program" aligns with national strategies and aims to enhance "technology finance" services, focusing on differentiated competitive advantages [3] - The program has successfully promoted 23 cutting-edge technologies and invested over 2 billion RMB in 57 new productivity projects [4] - The company aims to establish a "1396" action plan to integrate industry research, investment, and wealth management [3] Group 2: Market Outlook and Business Performance - The average daily balance market share for margin trading reached 1.09% in the first half of 2025, a new high, with a year-on-year profit growth of 57.79% [6] - The company plans to enhance wealth management transformation and establish a differentiated service system to drive high-quality development in margin trading [6] Group 3: Dividend Policy and Shareholder Returns - Since 2007, the company has distributed a total of 10.237 billion RMB in cash dividends, with an average dividend payout ratio of 42.88% [7] - In the first half of 2025, the company distributed 698 million RMB in cash dividends, an increase of 40 million RMB from the previous year [7] - A mid-term dividend of 0.80 RMB per share (including tax) is planned for the second half of 2025, totaling 349 million RMB [7] Group 4: IPO Market Insights - The Hong Kong IPO market has become the largest globally in the first half of 2025, driven by policy optimization and increased quality asset supply [9] - The A-share IPO market is experiencing a slowdown due to stricter review requirements, focusing on quality over quantity [9] Group 5: Business Structure and Development - The "Self-Operated Business Committee" has been renamed to "Financial Market Business Committee" to reflect a broader business scope [8] - The restructuring aims to enhance service capabilities and integrate various financial products and services [10] - The company is committed to building a comprehensive financial ecosystem and enhancing its research-driven business development [11]

Group 1 - The MLCC industry inventory has significantly decreased compared to the peaks in 2022-2023, and is expected to stabilize from 2024 onwards, indicating a reasonable overall inventory level after more than two years of inventory destocking [1] - The industry is currently in a mild recovery phase supported by multiple demand factors such as automotive electronics and AI servers, with a low likelihood of a significant downturn [1] - Historical trends show that the MLCC industry experiences cycles of approximately 4-5 years, with three major price uptrends since 2016 driven by supply-demand dynamics and external factors like the pandemic and technological advancements [1] Group 2 - Domestic substitution in the MLCC market is accelerating, particularly in mid-to-low-end general-purpose and consumer electronics, but there is an urgent need for breakthroughs in high-end MLCCs [2] - Leading domestic manufacturers like Fenghua and Sanhuan are making significant investments to advance high-capacity and automotive-grade technologies, aiming to reach the global first tier in production capacity [2] - Emerging companies such as Dali Kaipu and Weirong Technology are focusing on niche markets to fill gaps in RF and ultra-miniature products [2] Group 3 - The demand for MLCCs is expanding due to the proliferation of electric vehicles, the application of smart driving technologies, and upgrades in consumer electronics and AI servers [3] - Technological advancements are driving MLCC products towards miniaturization, high capacity, high frequency, high reliability, and high voltage, which in turn enhances average selling prices (ASP) and opens up future market opportunities [3]

Core Viewpoint - Renhe Intelligent (301129.SZ) announced a share reduction plan by its director and senior management, specifically by the financial director Chen Chaohui, who plans to reduce his holdings of 279,500 shares, accounting for 0.21% of the total share capital, within three months after the announcement [1] Group 1: Share Reduction Plan - Chen Chaohui holds 1,118,000 shares, approximately 0.82% of the total share capital, and intends to reduce his holdings through centralized bidding [1] - The shares to be reduced are from pre-IPO shares, shares from the restricted stock incentive plan, and shares obtained through capital reserve conversion [1] - The reduction will not lead to a change in control of the company or significantly impact its governance structure and future operations [1] Group 2: IPO and Fundraising - Renhe Intelligent raised a total of 1.025 billion yuan from its IPO, with a net amount of 917 million yuan after deducting issuance costs, exceeding the original plan by 518 million yuan [2] - The company initially planned to raise 399 million yuan for projects including the construction of a smart heating equipment production base and a research and testing center [2] Group 3: Financial Distribution - The issuance costs for the IPO amounted to 108 million yuan, with underwriting fees of 87.1469 million yuan [3] - In 2022, the company distributed a cash dividend of 8 yuan per 10 shares, totaling 59.512 million yuan, and also increased the share capital by 8 shares for every 10 shares held, resulting in a total of 59.512 million shares being distributed [3]