Group 1 - The core theme of the events organized by Changjiang Securities and Shenzhen Stock Exchange is to enhance investor awareness of financial rights and risk prevention, particularly focusing on the elderly community to combat financial fraud [1][2] - The activities included community outreach, educational sessions on identifying and preventing pension financial fraud, and discussions on rational investment strategies [1][2] - The events aimed to promote the principles of rational, long-term, and value investing among investors, emphasizing the importance of understanding the fundamentals of investments [2][3] Group 2 - Changjiang Securities facilitated direct communication between investors and listed companies, such as Xiyu Tourism, to bridge the gap and enhance understanding of the tourism industry's dynamics [3] - Investors were educated on the development history, business segments, and strategic plans of Xiyu Tourism, fostering a deeper understanding of the company's operations and the broader tourism sector [3] - The initiative encourages investors to make informed decisions based on fundamental analysis, aligning with the overall goal of promoting rational and long-term investment approaches [3]

Group 1 - The "Second Jin Qilin Best Investment Advisor Selection" event is organized by Sina Finance and exclusively partnered with Yinhua Fund, 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 the asset allocation trends of the public, amidst a backdrop of high growth opportunities and challenges in the industry [1] - The event aims to provide a platform for investment advisors to showcase their capabilities, enhance their services, and build communication bridges with investors, thereby promoting the healthy development of the wealth management sector in China [1] Group 2 - Li Rongfei from Changjiang Securities emphasizes that the investment advisory business is experiencing unprecedented development opportunities due to the wave of financial technology and deep reforms in the capital market [2] - Changjiang Securities' "Changjiang Hong" investment advisory service will integrate technology with business development, transitioning from individual efforts to a platform-based approach, utilizing algorithm models to accurately understand client needs [2] - The "Changjiang Hong" service will continuously upgrade its service system focused on long-term value creation and client benefit, providing professional support to help clients achieve stable wealth growth [2]

（编辑 楚丽君） 证券日报网讯 9月24日晚间，长江证券发布公告称，长江证券股份有限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公司债券（第三期）将于2025年9月26日支付2024年9月26日至2025年 9月25日期间的利息。 ...

证券代码：000783 证券简称：长江证券 公告编号：2025-057 债券代码：148919 债券简称：24 长江 03 特别提示： ●债券简称及代码：24 长江 03（148919） ●债权登记日：2025 年 9 月 25 日 ●债券付息日：2025 年 9 月 26 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公司债 券（第三期）（以下简称"本期债券"）将于 2025 年 9 月 26 日支付 2024 年 9 月 26 日至 2025 年 9 月 25 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 长江证券股份有限公司 2024 年面向专业投资者公开发行公 司债券（第三期）2025 年付息公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 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 开发行公司债券（第三期）。 3、债券简称及代码：24 长江 03（148919）。 1 ...

Market Performance - The three major A-share indices collectively rose, with the Shanghai Composite Index up 0.83%, the Shenzhen Component Index up 1.80%, and the ChiNext Index up 2.28%, reaching a three-year high [1] - The STAR 50 Index increased by 3.49%, and the North Exchange 50 Index rose by 2.03% [1] Trading Volume and Stock Performance - The total trading volume in the Shanghai, Shenzhen, and North exchanges was 23,471 billion yuan, a decrease of 1,713 billion yuan from the previous day [2] - Over 4,400 stocks rose, with nearly 90 stocks hitting the daily limit [2] - The chip industry chain continued its strong performance, with over 20 stocks hitting the daily limit, including Huasoft Technology with four consecutive limit-ups [2] - Robotics concept stocks surged, with multiple stocks like Haoneng Co. and Zhongchuang Zhiling also hitting the daily limit [2] - Alibaba Cloud concept stocks were active, with Hangang Co. hitting the daily limit [2] - Retail and tourism sectors experienced the largest declines [2] Market Trends and Outlook - Since the "924 market" last year, the Shanghai Composite Index has risen over 40%, the Shenzhen Component Index over 65%, and the ChiNext Index over 100% [3] - Huatai Securities noted that the positive feedback from the capital market is ongoing, with trading activity remaining high [3] - The outlook remains optimistic for the medium term, with a focus on balanced sector selection and the continuation of earnings momentum in Q3 [5] - Long-term views favor technology growth sectors, particularly AI computing, Hong Kong innovative drugs, and military industry [5] - Concerns about short-term market sentiment cooling may lead to fluctuations, but the potential for a steady upward trend remains [5] - Citic Securities warns of potential short-term corrections due to high emotional indices, suggesting that September's performance will be a key reference for future trends [5]

Group 1 - The Guozheng Securities Leading Index (399437) increased by 0.91% as of September 24, 2025, with notable gains from constituent stocks such as Guotai Junan Securities (600061) up 3.73% and Changjiang Securities (000783) up 2.31% [1] - Despite a decline of over 8% in the Securities ETF Leader (159993) in September, there was a net inflow of 5.67 million units by September 23, indicating continued investor interest [1] - China Galaxy Securities believes that the government's policies aimed at "stabilizing growth and the stock market" will continue to shape the sector's future, supported by a moderately loose liquidity environment and improved investor confidence [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the Guozheng Securities Leading Index accounted for 79.16% of the index, with major players including Dongfang Caifu (300059) and CITIC Securities (600030) [2]

Core Viewpoint - Changjiang Securities has shown a mixed performance in stock price, with a year-to-date increase of 19.19% but a recent decline over the past five and twenty trading days [1] Group 1: Stock Performance - On September 24, Changjiang Securities' stock rose by 2.19%, reaching 7.95 CNY per share, with a trading volume of 280 million CNY and a turnover rate of 0.65% [1] - The total market capitalization of Changjiang Securities is 43.964 billion CNY [1] - The stock has experienced a decline of 3.75% over the last five trading days and 4.10% over the last twenty trading days, while it has increased by 15.22% over the last sixty days [1] Group 2: Financial Performance - For the first half of 2025, Changjiang Securities reported a net profit attributable to shareholders of 1.737 billion CNY, representing a year-on-year growth of 120.76% [1] - The company achieved zero operating revenue for the same period [1] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Changjiang Securities is 163,200, a decrease of 7.33% from the previous period [1] - The average number of circulating shares per shareholder is 33,888, an increase of 7.92% from the previous period [1] - The total cash dividends distributed by Changjiang Securities since its A-share listing amount to 13.677 billion CNY, with 2.157 billion CNY distributed over the last three years [2] Group 4: Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the eighth largest circulating shareholder, holding 130 million shares, an increase of 32.8918 million shares from the previous period [2]

Group 1 - Longzhong Securities Co., Ltd. was fined 60,000 yuan by the State Administration of Foreign Exchange for violating foreign exchange account management regulations [1][2] - The violation pertains to the implementation of notifications regarding domestic residents investing in foreign-listed stocks [1][2] - Longzhong Securities was established in 1991 and is a fully licensed securities company in China, listed on the Shenzhen Stock Exchange in 2007 [2]

Group 1 - The core viewpoint of the report indicates that despite market fluctuations, the bullish trend in the A-share market remains intact, with expectations of a "slow bull" market in the future [6][14][15] - The report highlights that the A-share market experienced a slight decline today, with the Shanghai Composite Index down by 0.18% and the Shenzhen Component Index down by 0.29%, while the ChiNext Index rose by 0.21% [6][9][14] - Key sectors leading the market today include banking (+1.53%), coal (+1.15%), and public utilities (+0.41%), while sectors such as social services (-3.53%) and computing (-2.54%) faced declines [9][14][15] Group 2 - The report emphasizes that the market's short-term performance is influenced by micro liquidity and market sentiment, with stable sectors like banking and coal showing strength [14][15] - It suggests that the market is likely to maintain relative strength due to ample liquidity, with long-term capital entering the market, potentially leading to a "slow bull" trend [14][15] - The report outlines a focus on sectors with improving revenue growth and gross margins, such as fiberglass, cement, and fine chemicals, as well as technology growth areas like AI computing and robotics [14][15]

Group 1: Game IP Business - The company has achieved a multi-dimensional layout in the game IP sector, launching several adaptations such as "Three Kingdoms 2017" [1] - The project "True Three Kingdoms Warriors World" is currently in the critical review stage and is expected to launch in the first half of 2026, aiming to become a core growth point for the business [1] - The original IP "Star Wings" has performed exceptionally well overseas, with over 80% of revenue coming from international markets since its launch in Japan [1] Group 2: New Game Operations - The company is focusing on the adaptation of "True Three Kingdoms Warriors World," with plans for multiple rounds of player testing [2] - The original IP game "Magical Bopi," an innovative pet-catching idle game, is expected to launch across all platforms in 2025 [2] - The independent game "Heroic Legend" is set to launch in 2024 and has received positive feedback, with plans for ongoing updates [2] Group 3: AI Sector Development - Since 2021, the company has been building a comprehensive AI platform covering application, model, and infrastructure layers [3] - The launch of the AI-native music social app "Give Mic" and the AI virtual podcast feature demonstrates breakthroughs in multi-modal models [3] - The company is exploring AI applications for overseas markets, aiming to enhance its technological capabilities [3] Group 4: Online Entertainment Platform Business - The company is benefiting from the recovery of the PC online game market, leveraging its high market share in offline core scenes like internet cafes and esports hotels [4] - Significant growth in mobile advertising business is attributed to cross-platform advertising needs from PC game clients [4] - The company aims to deepen its role as a "scene ecosystem builder" by integrating online and offline resources [4]