Core Insights - The first "Top Leadership Ranking of Listed Securities Firms" has been released, evaluating 50 listed securities firms based on their revenue scale for 2024, categorizing them into three groups: comprehensive securities firms, industry-specific development firms, and growth development firms [1][5] - The evaluation considers multiple dimensions including performance in 2024, peer evaluations, and online presence, with a scoring model that includes foresight, control, innovation, compliance, and influence [1][9] Group 1: Leadership Evaluation - Shen Hefei from Guoyuan Securities scored 84.65 in the peer evaluation, ranking 17th in the industry, with the highest score in control at 88.19 and the lowest in influence at 80.24 [1][4] - The peer evaluation committee consists of senior management from securities research institutions, independent wealth management firms, and media [9] - The evaluation model includes five dimensions: foresight, control, innovation, compliance, and influence, each contributing 20% to the overall score [9] Group 2: Performance Metrics - Guoyuan Securities reported a revenue growth rate of 23.49% and a net profit growth rate of 20.17% [8] - The return on assets (ROA) is 1.47%, and the return on equity (ROE) is 6.27% [8] - Total asset growth rate is 29.54%, while net asset growth rate is 7.12% [8] - Brokerage business profit margin is 57.05%, ranking 47th in the industry, while investment banking business profit margin is -50.44%, ranking 42nd [8] Group 3: Online Presence and Influence - The online presence evaluation accounts for 10% of the overall score, reflecting the public sentiment and influence of the securities firm and its leaders over the past year [10][12] - The evaluation includes metrics such as social media presence and media coverage [11][12]

Group 1 - The "Top Leadership Ranking of Listed Securities Firms" evaluates 50 listed securities firms based on their revenue scale for 2024, categorizing them into three groups: comprehensive securities firms (1-10), industry-featured development firms (11-20), and growth development firms (21-50) [1] - The evaluation considers multiple dimensions including industry data evaluation, peer evaluation, and online presence, with a total of 28 data indicators used as proxy variables [1][6] - The industry data evaluation encompasses six aspects: company scale, operating conditions, risk control, business quality, employee returns, and third-party ratings [1] Group 2 - Guoyuan Securities scored 80.42 points in the industry data evaluation, ranking 11th among the 50 listed securities firms and 1st among the 9 evaluated industry-featured development firms [2] - In terms of operating conditions and employee returns, Guoyuan Securities ranked 10th and 4th respectively among the 50 listed firms, with a revenue growth rate of 23.49% (12th in the industry) and a total asset growth rate of 29.54% (2nd in the industry) [3][6] - The company reported a year-on-year increase of 16.88% in per capita salary, ranking 6th in the industry [3] Group 3 - The evaluation metrics include revenue growth rate, net profit growth rate, return on assets (ROA), return on equity (ROE), total asset growth rate, and net asset growth rate [7] - Guoyuan Securities' ROA is 1.47% (15th in the industry), while its ROE is 6.27% [7] - The brokerage business profit margin is 57.05% (47th in the industry), and the investment banking business profit margin is -50.44% (42nd in the industry) [7] Group 4 - The peer evaluation consists of five dimensions: foresight, control, innovation, compliance, and influence, with a weight of 40% in the overall evaluation [8][9] - The online presence evaluation accounts for 10% of the total score, reflecting the public sentiment and influence of the securities firm and its leaders over the past year [10] Group 5 - The leadership evaluation is based on the main leaders in office as of December 31, 2024, with a requirement of at least six months in position [11]

Core Viewpoint - The results of the inaugural "Top Leaders in Listed Securities Firms" ranking by Sina Finance have been released, with Shen Hefei, Chairman of Guoyuan Securities, awarded the second place in the category of distinctive development securities firms [1]. Group 1: Ranking and Evaluation - The "Top Leaders in Listed Securities Firms" ranking aims to recognize the outstanding contributions and far-reaching influence of leaders in various securities firms, based on a comprehensive evaluation system that includes industry data, peer evaluations, and online presence [1]. - Guoyuan Securities, under the leadership of Shen Hefei, achieved a comprehensive score ranking second among distinctive development securities firms, with balanced scores across three dimensions [14]. Group 2: Performance Metrics - Guoyuan Securities reported a revenue growth rate of 23.49% and a net profit growth rate of 20.17% [6]. - The return on assets (ROA) was 1.47%, and the return on equity (ROE) was 6.27% [6]. - Total assets grew by 29.54%, while net assets increased by 7.12% [6]. - The brokerage business profit margin was 57.05%, ranking 47th among listed securities firms, while the investment banking business profit margin was -50.44%, ranking 42nd [6]. Group 3: Evaluation Methodology - The evaluation of leadership is based on three main dimensions: industry data (40% weight), peer evaluation (50% weight), and online presence (10% weight) [5]. - The industry data evaluation considers company size, third-party ratings, operational status, risk control, employee returns, and business quality [5]. - Peer evaluation assesses foresight, control, innovation, compliance, and influence, with scores of 85.6, 88.19, 84.38, 84.83, and 80.24 respectively [7]. Group 4: Online Presence - The online presence evaluation reflects the public sentiment regarding the evaluated individuals and their institutions over the past year, indicating the network influence of the securities firms and their leaders [10].

Summary of Key Points Core Viewpoint The company, Opcon Vision Technology Co., Ltd., is changing part of its fundraising purpose to acquire a 75% stake in Suqian Shangyue Qicheng Hospital Management Co., Ltd. This strategic move aims to enhance operational efficiency and align with the company's long-term development goals. Group 1: Fundraising and Financial Overview - The actual amount raised from the stock issuance was RMB 149,406.89 million after deducting issuance costs, with funds received in June 2022 [2][3]. - As of December 31, 2024, the company has utilized RMB 39,677.38 million of the raised funds, with a remaining balance of RMB 12,726.07 million after accounting for interest and investment income [3][4]. - The company plans to redirect RMB 23,373.00 million from the "Community Optical Service Terminal Construction Project" to fund the acquisition of Shangyue Qicheng [4][5]. Group 2: Acquisition Details - The total investment for acquiring a 75% stake in Shangyue Qicheng is RMB 33,390.00 million, with RMB 23,373.00 million sourced from the raised funds and RMB 10,017.00 million from the company's own funds [5][9]. - The acquisition aligns with the company's dual-driven development strategy of "full optical products + all-age optical services," enhancing its market presence in Yunnan Province [7][8]. - Shangyue Qicheng has established a comprehensive operational system and possesses strong brand recognition and profitability potential in the region [7][12]. Group 3: Financial Performance and Projections - Shangyue Qicheng's audited financial data shows total assets of RMB 11,073.59 million and net assets of RMB 6,151.34 million as of the latest report [14]. - The company has committed to achieving specific net profit targets from 2025 to 2029, with a minimum of RMB 3,900 million in 2025 [24]. - Future revenue growth is projected based on the expansion of service offerings and market penetration strategies, with a focus on medical services and optical products [21][22].

Core Points - Guoyuan Securities Co., Ltd. is issuing a public bond for professional investors with a total scale of up to 20 billion yuan [1] - The bond issuance price is set at 100 yuan per bond, utilizing an online book-building system for pricing and allocation [1] - The issuance period is from July 3, 2025, to July 4, 2025 [1] Regulatory Compliance - Investors participating in the bond issuance meet the requirements set forth in various regulations, including the Measures for the Issuance and Trading of Corporate Bonds and the Shenzhen Stock Exchange's rules [2]

国元证券股份有限公司 2025 年面向专业投资者公开发行 公司债券（第三期）发行结果公告 本公司及其董事、监事、高级管理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。 国元证券股份有限公司（以下简称"发行人"）向专业投资者公开发行不超过 75 亿元（含）的公司债券已获得中国证券监督管理委员会证监许可〔2025〕316 号文 注册。根据《国元证券股份有限公司 2025 年面向专业投资者公开发行公司债券（第 三期）发行公告》，国元证券股份有限公司 2025 年面向专业投资者公开发行公司 债券（第三期）（以下简称"本期债券"）发行规模为不超过 20 亿元（含），发行 价格为每张 100 元，采取线上簿记建档系统的方式面向专业机构投资者询价、根据 簿记建档情况进行配售的发行方式。 本期债券发行时间自 2025 年 7 月 3 日至 2025 年 7 月 4 日，具体发行情况如下： 1、本期债券实际发行规模为 20 亿元，票面利率为 1.80%，全场认购倍数 3.71 倍。 2、发行人的董事、监事、高级管理人员、持股比例超过 5%的股东以及其他关 联方未参与认购。 3、本期债 ...

Group 1: Company Strategy and Focus - The company is implementing the "1396" project, which includes focusing on one key area, three main focuses, nine roles, and six major actions to enhance service quality in capital markets and new productivity [1][2][3][4] - The "one key area" is centered on investment, focusing on the upstream and downstream of industries to create a competitive advantage [1] - The "three main focuses" include regional focus (deepening operations in Anhui), business focus (serving the real economy), and industry focus (developing key emerging industries) [1][2] Group 2: Roles and Actions - The company aims to fulfill nine roles, including serving as a think tank for local governments and providing comprehensive financial services for listed companies [3][4] - Six major actions include deepening industry research in Anhui, providing financial services to local cities, supporting the growth of scientific enterprises, enhancing financial services for technology innovation, empowering mergers and acquisitions, and serving listed companies [4][5] Group 3: International Business Development - The company operates international business through its subsidiary, Guoyuan International, established in Hong Kong in June 2006, providing a full range of financial services [6][7] - Future strategies include enhancing collaboration with the parent company to attract more mainland enterprises to the Hong Kong market and expanding wealth management offerings [6][7] Group 4: Financial Technology Innovation - The Financial Technology Innovation Laboratory was established in December 2021 to drive business transformation through technology [8][9] - The lab has explored applications of AI in asset allocation and has received multiple awards for its research and contributions to digital transformation [8][9] Group 5: Market Value Management - The company plans to enhance shareholder returns through continuous cash dividends and improved investor relations management [11][12] - Strategies include increasing information disclosure quality, enhancing ESG governance, and establishing mechanisms to boost investor confidence [11][12]

Group 1 - The issuer, Guoyuan Securities Co., Ltd., has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds with a total face value not exceeding 7.5 billion yuan [1] - The book-building process for the third phase of the bond issuance is scheduled for July 2, 2025, with a time extension for the inquiry of interest rates from 18:00 to 19:00 due to market conditions [1] - The final coupon rate for the bonds will be determined based on the results of the book-building process [1]

债券简称：25国元04 债券代码：524344.SZ 国元证券股份有限公司 2025 年面向专业投资者公开发行公司 债券（第三期）票面利率公告 本公司及其董事、监事、高级管理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。 国元证券股份有限公司（以下简称"发行人"）已于2025年2月21日获得中国 证券监督管理委员会证监许可〔2025〕316号文注册公开发行面值总额不超过75 亿元（含）的公司债券。 特此公告。 （本页以下无正文） 司债券（第三期）票面利率公告》之盖章页） 发行人：国元证券股份有限公司 年 月 日 （本页无正文，为《国元证券股份有限公司 2025 年面向专业投资者公开发行公 司债券（第三期）票面利率公告》之盖章页） 国元证券股份有限公司 2025 年面向专业投资者公开发行公司债券（第三期） （以下简称"本期债券"）发行规模不超过 20 亿元（含 20 亿元）。 2025 年 7 月 2 日，发行人和主承销商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 1.30%-2.30%。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协商一致， ...

国元证券股份有限公司（以下简称"发行人"）已于2025年2月21日获得中国 证券监督管理委员会证监许可〔2025〕316号文注册公开发行面值总额不超过75 亿元（含）的公司债券。 根据《国元证券股份有限公司 2025 年面向专业投资者公开发行公司债券（第 三期）发行公告》，发行人和簿记管理人定于 2025 年 7 月 2 日（T-1 日）14:00-18:00 以簿记建档的方式向网下投资者进行利率询价，并根据簿记建档结果确定本期债 券的最终票面利率。 债券简称：25 国元 04 债券代码：524344.SZ 关于延长国元证券股份有限公司 2025 年面向专业投资者 公开发行公司债券（第三期）簿记建档时间的公告 主承销商：西部证券股份有限公司 年 月 日 因簿记建档当日市场情况变化，经发行人、簿记管理人及其他簿记参与方协 商一致，现将簿记建档结束时间由 18:00 延长至 19:00。 特此公告。 （本页以下无正文） 开发行公司债券（第三期）簿记建档时间的公告》之签章页） （本页无正文，为《关于延长国元证券股份有限公司 2025 年面向专业投资者公 发行人：国元证券股份有限公司 年 月 日 开发行公司债券（第三 ...