本次活动网上报名时间为2026年3月18日—4月20日。我们的评选旨在响应基金业中长期评价导向，践行长期投资理念，本届评选也 继续侧重中长期考察。 过去十年，中国证券私募基金行业经历了从无序扩张到规范发展的深刻蜕变。在多轮市场的洗礼中，行业头部化、专业化特征愈发 凸显。"金长江"奖评选也由最初的60多家管理人参与，扩张到如今400多家机构共聚，成为了国内历史悠久、备受认可的私募业权威 奖项之一。 这十年的磨砺，不仅铸就了奖项的口碑丰碑，更见证了一批批优秀私募机构的茁壮成长。步入第十一届，本届评选在延续专业评价 体系的基础上，特别强调引导行业树立"耐心资本"意识，旨在更好地服务实体经济与国家战略。 2025年，是私募行业发展的"大年"，一方面私募基金规模强势反弹并屡创新高，行业总规模突破22万亿元大关；另一个方面，行业 重回"双百时代"，百亿规模私募阵营快速壮大，行业头部化和出清进程加速推进。 截至2026年1月末，私募基金管理规模达22.44万亿元，较去年同期增长2.52万亿元，行业高质量发展的根基日益夯实。随着《私募证 券投资基金运作指引》、《程序化交易管理实施细则》等一系列政策的全面落地，私募行业正在机遇 ...

证券代码：000783 证券简称：长江证券 公告编号：2026-015 债券代码：148221 债券简称：23 长江 Y1 长江证券股份有限公司 2023 年面向专业投资者公开发行 永续次级债券（第一期）2026 年付息公告 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。 特别提示： ●债券简称及代码：23 长江 Y1（148221） ●计息期间：2025 年 3 月 24 日至 2026 年 3 月 23 日 ●债权登记日：2026 年 3 月 23 日 ●债券付息日：2026 年 3 月 24 日 长江证券股份有限公司（以下简称"发行人"或"本公司"）发 行的长江证券股份有限公司 2023 年面向专业投资者公开发行永续次 级债券（第一期）（以下简称"本期债券"）将于 2026 年 3 月 24 日 支付 2025 年 3 月 24 日至 2026 年 3 月 23 日期间的利息。为保证本次 付息工作的顺利进行，现将有关事宜公告如下： 一、本期债券基本情况 1 3、债券简称及代码：23 长江 Y1（148221）。 4、发行总额：人民币 25.00 亿元。 ...

近日，包括长江证券、山西证券等在内的券商，申请北交所做市业务资格获得证监反馈意见。证监会要求 补充相关材料，比如有的要求提交人员岗位情况，有的要求补充做市股票报价策略方案等。目前，北交所 一共有做市商21家，还有多家券商正在申请这一业务资格。 "稳步扩大做市商队伍，为市场提供更多参与机会和投资便利"，北交所相关负责人在2025年金融街论坛上表 示。有券商称，积极开展境内科创板做市、北交所做市等牌照业务，助力多层次资本市场建设和服务高新科技 企业发展。 证监会反馈意见 证监会对长江证券的反馈意见有三条。 一条是：申请材料称，长江证券拟在2026年新的授权方案中对北交所 股票做市业务各层级审批额度进行差异化设置，请补充提交更新后的授权方案。 另一条是：《北京证券交易所股票做市交易业务管理办法》第二十七条规定，股票做市业务决策小组"负责重 大项目的审批、实施与协调"。请明确上述"重大项目"具体所指。 最后一条是要补充提供2025年公司新三板做市成交金额排名情况。 证监会对山西证券的反馈意见较多，累计有六条。主要意见包括： 首先，请山西证券明确北交所股票做市业务各岗位备岗安排以及高级研究岗和助理研究岗具体人数，并就上 ...

永续次级债券（第一期）2026 年付息公告 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。 证券代码：000783 证券简称：长江证券 公告编号：2026-014 债券代码：148659 债券简称：24 长江 Y1 长江证券股份有限公司 2024 年面向专业投资者公开发行 ●债权登记日：2026 年 3 月 20 日 ●债券付息日：2026 年 3 月 23 日（2026 年 3 月 21 日为休息日， 故顺延至下一个交易日） 长江证券股份有限公司（以下简称"发行人"或"本公司"）发 行的长江证券股份有限公司 2024 年面向专业投资者公开发行永续次 级债券（第一期）（以下简称"本期债券"）将于 2026 年 3 月 23 日 支付 2025 年 3 月 21 日至 2026 年 3 月 20 日期间的利息。为保证本次 付息工作的顺利进行，现将有关事宜公告如下： 一、本期债券基本情况 1、发行人：长江证券股份有限公司。 2、债券名称：长江证券股份有限公司 2024 年面向专业投资者公 特别提示： ●债券简称及代码：24 长江 Y1（148659） ●计息期间： ...

- The report highlights the significant performance of the telecommunications sector, which has maintained a horizontal state despite the overall market adjustments[7] - The oil and gas sector showed a noticeable increase this week, influenced by the fluctuating geopolitical situation between the US and Iran[7] - The metal materials and mining sector experienced a significant pullback this week, confirming the double-top pattern previously indicated[7] - The computer sector saw a decline, with a maximum increase of 147.78% from February 6, 2024, to January 14, 2026[7] - The defense and military industry also experienced a notable decrease, with a maximum increase of 172.87% from February 5, 2024, to January 12, 2026[7] - The report suggests that the construction engineering sector has shown a breakout state this week, driven by the concept of computing and electricity collaboration[29] - The AI sector, particularly external AI leaders, may see a catalytic rise next week with the upcoming NVIDIA GTC 2026 event[41] - The telecommunications equipment sector is expected to rise in sync, driven by the technical need to reverse the February decline and reach new highs[44]

司债券（第一期）在深圳证券交易所上市的公告 根据深圳证券交易所债券上市的有关规定，长江证券股份有限公司 2026 年 面向专业投资者公开发行公司债券（第一期）符合深圳证券交易所债券上市条件， 将于 2026 年 3 月 11 日起在深圳证券交易所上市，并面向专业投资者中的机构投 资者交易，交易方式包括匹配成交、点击成交、询价成交、竞买成交和协商成交。 债券相关要素如下： | 债券名称 | 长江证券股份有限公司 年面向专业投资者公开发行公司 2026 债券（第一期） | | --- | --- | | 债券简称 26 | 长江 | | | 01 | | 债券代码 | 524679 | | 信用评级 | 主体 AAA/无债项评级 | | 评级机构 | 联合资信评估股份有限公司 | | 发行总额（亿元） 25 | | | 债券期限 3 | 年 | | 票面年利率（％） | 1.89 | | 利率形式 | 固定利率 | | 付息频率 | 按年付息 | | 发行日 | 2026 年 3 月 3 日-2026 年 3 月 4 日 | | 起息日 | 年 月 日 2026 3 4 | | 上市日 | 2026 年 3 月 ...

Investment Rating - The report maintains a "Positive" investment rating for the industrial AI sector [2]. Core Insights - The report emphasizes that 2026 is expected to be a pivotal year for the application of AI in industrial settings, driven by advancements in large language models (LLMs) and their integration into various industrial scenarios [8][34]. - The industrial AI landscape is characterized by significant growth potential due to the vast size of the industrial sector, low current penetration rates of AI technologies, and the increasing complexity of industrial tasks that AI can address [12][15][28]. Summary by Sections 1. Why is Industrial AI Promising? - The industrial sector in China is projected to reach an added value of 40.5 trillion yuan in 2024, accounting for approximately 30% of GDP, indicating that even small increases in AI penetration can yield substantial value [12]. - The current penetration rate of industrial software in China is low compared to the size of its manufacturing sector, suggesting a significant growth opportunity as the software adoption continues to rise [12]. - The aging workforce and labor shortages in major manufacturing countries create a pressing need for automation and AI solutions, with clear ROI metrics such as improved yield rates and reduced downtime [15][18]. 2. Key Industrial AI Scenarios to Watch - The report identifies three key areas for industrial AI applications: enhanced reasoning capabilities through time-series data mining, improved multi-modal understanding in simulation design, and advanced agent capabilities for end-to-end operations [38][57][99]. - The TPT (Time-series Pre-trained Transformer) model is highlighted as a significant advancement in the industrial AI space, particularly for continuous process industries, demonstrating strong capabilities in predictive maintenance and operational optimization [57][85]. 3. Investment Outlook - The global industrial AI market is expected to grow rapidly, with projections indicating a market size of approximately $89.53 billion by 2032, reflecting a compound annual growth rate (CAGR) of 46% [35]. - The report outlines a favorable policy environment supporting the integration of AI in manufacturing, with multiple initiatives aimed at enhancing AI capabilities and adoption in industrial settings [34][36]. - The report anticipates that as AI technologies mature and become more reliable, the adoption rate in various industrial applications will accelerate, leading to broader market penetration and increased investment opportunities [34][36].

Investment Rating - The report maintains a "Positive" investment rating for the industry [2]. Core Insights - The Middle East region has a significant demand for military imports from China, driven by geopolitical conflicts and resource needs [11][12]. - China's military trade products in the Middle East have comparative advantages, including transparency in export principles and the absence of political conditions [38][41]. - The trend is shifting from purchasing individual military equipment to acquiring complete systems, indicating a deepening strategic cooperation between Middle Eastern countries and China [26][28]. Summary by Sections 1. Demand for Military Imports in the Middle East - The Middle East is a geopolitical hotspot, with ongoing conflicts and resource competition driving military import needs [11]. - The region accounts for approximately 27% of global military imports, with China holding a mere 1.2% market share [12]. 2. Types of Military Equipment Needed - Key military products imported from China include armed drones, air defense systems, and fire support systems [25]. - Countries like Saudi Arabia and the UAE are primary customers, focusing on advanced military technologies [24][25]. 3. Comparative Advantages of Chinese Military Products - China's military exports are characterized by transparency and fewer political conditions compared to Western countries [38]. - The recent success of Chinese military technology in real combat scenarios enhances its attractiveness in the international market [34].

长江证券股份有限公司 关于向专业投资者公开发行短期公司债券获得 证券代码：000783 证券简称：长江证券 公告编号：2026-012 公司将按照有关规定、批复要求及公司股东会的授权，办理本次 短期公司债券发行的相关事宜，并及时履行信息披露义务。 特此公告 长江证券股份有限公司董事会 1 二〇二六年三月七日 2 中国证券监督管理委员会注册批复的公告 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。 近日，长江证券股份有限公司（以下简称"公司"）收到中国证 券监督管理委员会（以下简称"中国证监会"）《关于同意长江证券 股份有限公司向专业投资者公开发行短期公司债券注册的批复》（证 监许可〔2026〕350 号，以下简称"批复"）。 根据该批复，中国证监会同意公司向专业投资者公开发行面值余 额不超过 80 亿元短期公司债券的注册申请。该批复自同意注册之日起 24 个月内有效，公司在注册有效期内可以分期发行短期公司债券；公 司本次发行短期公司债券应严格按照报送深圳证券交易所的募集说明 书进行；自同意注册之日起至本次短期公司债券发行结束前，公司如 发生重大事项，应及时报告 ...

Macro Dynamics - The People's Bank of China will conduct a 800 billion yuan reverse repurchase operation on March 6, 2026, to maintain ample liquidity in the banking system, with a term of 3 months (91 days) [2] Agricultural Production Goals - The "14th Five-Year Plan" draft outlines a new grain production target of approximately 1.45 trillion jin, emphasizing the importance of food security [3] Geopolitical Tensions - Iran has announced a ban on U.S., Israeli, and European vessels from passing through the Strait of Hormuz, asserting its right to control navigation during wartime [4] - Despite the ban, an Iranian military official stated that Iran is not closing the Strait and will treat passing vessels according to international agreements [5] Financial Institutions - Changjiang Securities has received approval from the China Securities Regulatory Commission to participate in carbon emission trading in domestic legal trading venues [6] Market Outlook - Caixin Securities predicts that the A-share market will continue to trend upward in 2026, with a GDP growth target adjusted to 4.5%-5%. The focus will be on developing new productive forces and promoting high-quality economic growth [7] - Key investment areas include sectors benefiting from price increases, technology, and service consumption, particularly in tourism, events, and healthcare [7] Market Data - On March 5, the A-share market saw a collective rebound, with the ChiNext Index rising by 1.66%. The Mini LED concept stocks performed strongly, with several stocks hitting the daily limit [8] - The Hang Seng Index rose by 0.28%, while the Hang Seng Tech Index fell by 0.69%. The oil and gas equipment sector led the decline [9] Company Dynamics - JD Group reported a revenue of 130.91 billion yuan for 2025, with a 7.1% year-on-year growth in the electronics category and a 23.6% increase in service revenue [10] - Bilibili announced a fourth-quarter adjusted net profit of 878 million yuan, a 94% year-on-year increase, with total revenue reaching 8.32 billion yuan [11] - Magic Atom confirmed the departure of its founder and CEO, with the core technology team remaining stable and operations continuing as planned [12] - *ST Songfa's subsidiary signed contracts for the construction of four super-large oil tankers, with a total contract value of approximately 400-600 million USD, representing over 50% of the company's audited main business income for the last fiscal year [13]