证券代码：000750 证券简称：国海证券 国海证券股份有限公司投资者关系活动记录表 编号：2025-03 投资者关系活动 类别 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） 活动参与人员 山西证券研究所所长助理、非银金融分析师刘丽女士 时间 2025 年 8 月 6 日下午 15:00-16:30 地点 广西壮族自治区南宁市滨湖路 46 号国海大厦四楼会议室 形式 现场会议、线上会议 公司接待人员 公司副总裁殷传陆先生，合规总监兼董事会秘书覃力先生， 总裁助理兼零售财富委员会副主任李煜女士，资管分公司综 合管理总部兼投资顾问部总经理萧恩俊先生，战略管理部副 总经理（主持工作）杨光先生、证券事务代表易涛先生等。 交流内容及具体 问答记录 详见附件。 关于本次活动是 否涉及应披露重 大信息的说明 接待过程中，公司接待人员与投资者进行了充分交流与沟通， 严格按照有关制度规定，没有出现未公开重大信息泄露等情 况。 活动过程中所使 用的演示文稿、 提供的文档 无 1 附件 沟通问题列表 1.近期监管部门和中国证券业协会陆续发布证券公司 ...

作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股 CFO数据报告》显示，2024年A股上市公司财务总监（CFO）群体薪酬规模合计达42.70亿元，平均年薪 为81.48万元。 专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 国海证券CFO谭志华薪酬126.23万元，薪酬增加0.35万元，变化微乎其微，薪酬排名第15。券商行业 CFO薪酬平均数为132万元，谭志华薪酬低于行业平均水平。 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！ 55岁的他年龄并列排名第6，硕士学历加持，为公司财务稳定助力。 谭志华，副总裁兼财务总监男，1970年12月生，工商管理硕士，注册会计师。曾任交通银行南宁分行科 长，国海证券合规部总经理、计划财务部总经理、稽核监察部总经理、战略管理部总经理等职务；曾兼 任广西北部湾股权交易所股份有限公司监事、董事，国海富兰克林基金监事，国海创新资本投资管理有 限公司董事，国海证券企业金融服务委员会主任等职务。2015年9月至今，任国海证券财务总监；2017 年8月至今，任国海证券副总 ...

全固态电池引入等静压等工艺，提升电池整体性能。固态电池凭借其高能量密度、出色安全性等优势， 成为下一代电池技术的关键发展方向，而等静压技术作为一种极具潜力的全固态电池致密化解决方案， 为提升电池材料的致密度、改善界面接触以及优化电池整体性能提供有力支持。全固态电池对叠片、等 静压等工艺的采用而可能导致短路风险，安全性问题催生胶框打印需求。 国海证券发布研报称，胶框打印作为全固态电池的必要环节，具备材料适配能力、制造精度控制能力等 壁垒，且各厂商积极推出自身方案，持续与下游客户进行磨合迭代，产品性能不断优化，后续胶框打印 行业预计仍有充分增长空间，工程化能力强、下游卡位坚实的平台化厂商均有优质发展机遇，首次覆 盖，给予固态电池行业"推荐"评级。 国海证券主要观点如下： 胶框打印概览：固态电池安全及良率催生需求，材料及工艺精度为关键 各厂商积极推进，胶框打印解决方案陆续涌现。具体看，利元亨、高能数造等厂商已推出各具特色的解 决方案，德龙激光相关设备公告获得行业头部客户订单。同时，以松井股份为代表的平台型厂商兼具设 备能力与材料能力，已落地全球首个量产电芯绝缘UV喷打样板工程，在UV喷打工艺方面具备深厚积 淀，有望 ...

鲁西化工（SZ 000830，最新价：11.4元）发布公告称，2025年7月31日下午，鲁西化工接受国海证券等 投资者调研，公司董事会秘书刘月刚等参与接待，并回答了投资者提出的问题。 2024年1至12月份，鲁西化工的营业收入构成为：化工行业占比68.43%，基础化工行业占比19.47%，化 肥行业占比10.3%，其他行业占比1.8%。 （文章来源：每日经济新闻） ...

Group 1: Company Performance - WuXi AppTec reported a net profit of 8.561 billion yuan for the first half of the year, a year-on-year increase of 101.92% [1] - The company's revenue for the first half reached 20.799 billion yuan, reflecting a growth of 20.64% year-on-year [1] - WuXi AppTec plans to distribute a cash dividend of 3.5 yuan per share to all shareholders [1] - The company has revised its revenue forecast for the full year to between 42.5 billion and 43.5 billion yuan [1] - SANY Heavy Industry plans to issue non-financial corporate debt financing tools not exceeding 20 billion yuan to optimize its financing structure [1] Group 2: Film Industry Impact - Happiness Blue Sea announced that the film "Nanjing Photo Studio" has surpassed 412 million yuan in cumulative box office, exceeding 50% of the company's audited revenue for the most recent fiscal year [2] - The film's impact on the company's revenue is currently negligible as it is still in theaters [2] Group 3: Corporate Actions - Zhonghua Equipment plans to issue shares to acquire 100% equity of two companies, marking a significant asset restructuring [2] - Dahua Intelligent is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure [3] - Shiming Technology's actual controller and chairman has been placed under detention due to personal matters unrelated to the company [4] Group 4: Financial Performance - Ju Chen Co. reported a net profit growth of 43.5% for the first half of the year [6] - Qizheng Tibetan Medicine's net profit increased by 9.94% year-on-year [6] - China Minmetals' new contract value decreased by 19.1% year-on-year [6] - Huicheng Environmental's net profit declined by 85.63% year-on-year [6] Group 5: Mergers and Acquisitions - Kaishan Holdings plans to acquire a minority stake in SMGP for 3 million USD [6] - Zhonghua International intends to purchase 100% equity of Nantong Xingchen Composite Materials Co., Ltd. [6] - Xiangdian Co. plans to acquire a 12.5% stake in Tongda Electromagnetic Energy for 208 million yuan [6]

证券代码：000750 证券简称：国海证券 公告编号：2025-33 国海证券股份有限公司 关于实际控制人的股权结构拟发生变动 的提示性公告 国海证券股份有限公司（以下简称公司）实际控制人广 西投资集团有限公司（以下简称广投集团）保证向本公司提 供的信息内容真实、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： 本次股权结构变动完成后，广投集团仍为公司实际控制 人。公司实际控制人未发生变化，广投集团直接或间接持有 公司股权的情况未发生变化。 2025 年 7 月 28 日，公司接到实际控制人广投集团通知， 广投集团的股权结构拟发生变动，现将相关情况公告如下： 一、公司实际控制人股权结构变动的基本情况 近日，广投集团收到广西壮族自治区人民政府国有资产 监督管理委员会（以下简称自治区国资委）通知，拟将自治 1 区国资委持有的广投集团 33%股权无偿划转至广西国控资本 运营集团有限责任公司（以下简称广西国控）。 本次划转完成后，自治区国资委将持有广投集团 67%股 权，广西国控将持有广投集团 33%股 ...

Core Viewpoint - Guangxi Investment Group plans to transfer 33% of its equity in Guotou Group to Guangxi State Control without compensation, resulting in the State-owned Assets Supervision and Administration Commission holding 67% of Guotou Group's equity [1] Group 1 - After the transfer, Guangxi State Control will hold 33% of Guotou Group's equity [1] - The actual controller of the company remains unchanged, with Guotou Group still being the actual controller [1] - The direct or indirect equity holdings of Guotou Group in the company have not changed [1]

Core Viewpoint - The brokerage sector in A-shares is experiencing significant growth, with the brokerage index rising over 25% since April 8, and many brokerages reporting substantial increases in net profit for the first half of the year, driven by a recovering capital market and favorable policies [1][2][3][8]. Performance Summary - At least 28 listed brokerages have released performance forecasts for the first half of the year, with most reporting a year-on-year net profit growth exceeding 50%, and some large brokerages, such as Shenwan Hongyuan and Guotai Junan, expecting over 100% growth [2][5][6]. - The overall increase in brokerage performance is attributed to the active trading environment in the capital market, which has significantly boosted self-operated investment income and brokerage fee income [8][9]. Factors Supporting Growth - **Fundamental Support**: The active trading environment is expected to continue benefiting brokerage performance, with most brokerages forecasting net profit growth of over 50% for the second half of the year [3][13]. - **Capital Support**: The allocation of equity funds to non-bank financials has increased slightly, indicating potential for further investment in brokerages [14]. - **Policy Support**: Recent policy changes encourage brokerages to focus on improving return on equity (ROE), which may enhance their performance [15]. - **Valuation Levels**: Most brokerages have a price-to-book ratio just above 1, with only about 10 listed brokerages exceeding a ratio of 2, suggesting room for valuation growth [16]. Dividend Yield and Valuation - Several brokerages offer dividend yields above 2%, which is higher than the yield on 10-year government bonds, making them attractive for income-focused investors [1][16][18].

Core Viewpoint - Zhang Yilu's expertise in the building materials and construction industry emphasizes the importance of both cyclical and growth research capabilities, which are essential for understanding market dynamics and identifying investment opportunities [2]. Group 1: Industry Insights - The building materials and construction industry serves as a barometer for fixed asset investment, with demand primarily driven by infrastructure, real estate, and manufacturing sectors [2]. - The supply side of the industry encompasses numerous sub-sectors, including consumer materials, bulk materials, and new materials, each with various product types [2]. - The industry experiences thematic market trends, such as "China's Special Valuation" and "Belt and Road Initiative," which require in-depth research to capture [2]. Group 2: Research Methodology - The company employs a comprehensive research system that includes detailed data analysis, thorough argumentation, and systematic tracking to assess the short, medium, and long-term industry outlook [2]. - The research approach focuses on achieving full coverage of the industry while staying attuned to market hotspots, allowing for timely and effective research output from an investment perspective [2]. - The cyclical research experience enables the identification of opportunities amid market fluctuations, reinforcing the notion that "there are no eternal lows or highs; everything is cyclical" [2]. Group 3: Professional Background - Zhang Yilu joined Guohai Securities Research Institute in March 2024 as the chief analyst for the building materials and construction industry, bringing a strong academic background with a bachelor's degree in materials science from Beijing Institute of Technology and a master's in chemical engineering from Hong Kong University of Science and Technology [3]. - Zhang has prior experience at Huatai Securities, with a total of 3 years in building materials and construction research, along with 2 years in small-cap and steel and coal industry research [3].

Core Viewpoint - Guangnong Sugar Industry has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific investors, pending final approval from the China Securities Regulatory Commission (CSRC) [1] Fundraising Details - The company plans to raise a total of up to 26 million yuan, with net proceeds allocated to the "Yun'ao Logistics Sugar Storage Intelligent Distribution Center Phase II Expansion Project" and to supplement working capital and repay bank loans [1][2] - The total investment for the Yun'ao Logistics project is approximately 20.79 million yuan, while the amount for working capital and loan repayment is 6.6 million yuan, totaling 27.39 million yuan [2] Issuance Conditions - The issuance will target no more than 35 specific investors, including securities investment funds, securities companies, trust companies, financial companies, insurance institutional investors, and qualified foreign institutional investors [2] - The final list of investors will be determined after approval from the Shenzhen Stock Exchange and the CSRC [2][4] Share Issuance Specifications - The shares will be issued at a price not lower than 80% of the average trading price over the 20 trading days prior to the pricing date [4] - The number of shares issued will not exceed 30% of the total share capital before the issuance, which is estimated to be up to 120,095,945 shares [4] Control and Ownership - Guangxi Rural Investment Group, the controlling shareholder, holds 38.23% of the company’s shares, and the issuance will not change the control structure, as the ownership percentage will decrease to 29.41% post-issuance [4] - The actual controller of the company remains the Guangxi Autonomous Region State-owned Assets Supervision and Administration Commission [4] Underwriting Information - The lead underwriter for this issuance is Guohai Securities Co., Ltd., with representatives Jiang Yaping and Li Jinhai [5]