Group 1 - The company, Kaineng Health Technology Group Co., Ltd., has received approval for the issuance of convertible bonds to unspecified objects, with the registration approval dated June 17, 2023 [2] - The bond issuance was approved by the company's board meeting on October 28, 2022, and the third extraordinary general meeting of shareholders on November 15, 2022 [2] - The convertible bonds will be listed on the Shenzhen Stock Exchange, with a maturity date set for July 19, 2029 [2] Group 2 - The company plans to distribute cash dividends of RMB 0.4 per 10 shares (including tax) to all shareholders, with the record date for this distribution set for May 29, 2025 [3][4] - The conversion price of the convertible bonds will be adjusted from RMB 5.4 per share to RMB 5.36 per share effective from May 30, 2025, due to the cash dividend distribution [3][4] - The adjustment of the conversion price is based on the company's profit distribution plan and follows the guidelines outlined in the prospectus [3][4] Group 3 - The company has established a formula for adjusting the conversion price based on various corporate actions, including cash dividends and stock distributions [4] - The adjustment process will be communicated through announcements on the Shenzhen Stock Exchange and other media as required by regulatory authorities [4][5] - The company will ensure that any changes affecting the rights of convertible bondholders will be handled fairly and transparently [5] Group 4 - The adjustments to the conversion price due to the profit distribution plan do not impact the company's daily operations or debt repayment capabilities [6] - The bond trustee, Changjiang Securities, will continue to monitor the repayment of principal and interest on the convertible bonds and other significant matters affecting bondholder rights [7]

◎记者 徐蔚 在2024年年报及2025年一季报披露收官后，A股上市券商近期密集召开业绩说明会，直面投资者关切的 市值管理和分红安排、并购重组规划、战略转型等热点问题。多家券商高管表示，证券行业正迎来新一 轮发展机遇期，未来将结合市场趋势优化业务布局，同时通过提升分红频次、审慎推进并购重组等方式 增强投资者回报与行业竞争力。 市值管理受关注 提升回报力度 今年以来，以投资者关切为主导、呈现形式多样化、业绩交流常态化等成为上市券商业绩说明会的重要 标签，券商高管和投资者参加热情"双高"。据上海证券报记者统计，5月至今，已有申万宏源、东北证 券、西部证券、长江证券等近20家上市券商通过业绩说明会、投资者接待日等渠道，积极与投资者互 动。 在监管政策倡导下，分红成为投资者关注焦点。多家券商均强调将保持稳健分红政策，并辅以市值管理 措施增强投资者信心。 山西证券在近期举行的投资者座谈交流中表示，上市以来，公司每年均实施现金分红。今年，公司将继 续保持现金分红的高比例和多频次，为提高利润分配的决策效率，股东大会已经就中期利润分配向董事 会做了授权。对于2024年至2026年的股东回报规划，公司每年以现金分红方式分配的利 ...

近日，券商接连通过业绩说明会、投资者接待日等渠道，积极与投资者互动，透露最新动态。 尽管券商年报及一季报已披露完毕，但是5月下旬以来，券商业绩说明会仍在密集召开，透露出不少公司高管 对本公司、行业的一些最新看法，尤其是涉及分红、并购、战略等投资者关切的热点问题，申万宏源、国盛金 控、长江证券、山西证券、西部证券等高管均进行了回应。 回应分红与市值管理 券商中国记者统计，5月20日以来，相继有西部证券、国盛金控、长江证券、山西证券和申万宏源5家上市券商 发布业绩说明会问答情况。 对于市值管理相关措施，长江证券副总裁、董秘周纯表示，始终高度重视投资者投资回报，依法依规运用各类 方式提升公司投资价值和股东回报能力，一是采取稳健的现金分红政策，坚持为投资者带来长期、稳定、可持 续的投资回报，上市以来已连续17年现金分红，分红比例居上市券商前列。二是持续全面提升信息披露质量， 依法合规向投资者真实、准确、完整、及时披露公司重大信息，保障投资者的知情权。三是强化投资者关系管 理、建立多层次良性互动机制等举措，不断提升公司质量，维护投资者权益和公司长期投资价值。 西部证券也表示，其公司高度重视市值管理工作，2024 年公司 ...

Group 1 - The core opinion of the article is that the company, Hangzhou Jizhi Electromechanical Co., Ltd., is set to lift the trading restrictions on 18,720,000 shares, which accounts for 21.93% of the total share capital after the issuance [1][3][5] - The company issued 14,400,000 shares to its controlling shareholder, Mr. Lou Rongwei, with the total share capital increasing from 62,400,000 to 81,120,000 shares after the issuance [1][2] - As of the date of this verification opinion, the total share capital of the company is 85,381,695 shares [2][4] Group 2 - Mr. Lou Rongwei has made commitments regarding the lock-up period for the shares acquired through this issuance, which includes a 36-month restriction on transfer [2][3] - The company confirms that there are no non-operating fund occupations by the shareholder applying for the lifting of restrictions, and there are no violations regarding guarantees [3][5] - The verification by the sponsor institution indicates that the application for lifting the trading restrictions complies with relevant regulations and that the information disclosure is accurate and complete [5]

Group 1 - The company, Wanji Fund Management Co., Ltd., has signed agreements with several securities firms to increase their roles as agents for subscription and redemption of various ETFs starting from May 26, 2025 [1][3][5][11][13] - The specific ETFs mentioned include the A500 ETF (code: 159356), the 300 Growth ETF (code: 159656), the Aerospace ETF (code: 159208), the National Index 2000 ETF (code: 159628), the ChiNext Comprehensive ETF (code: 159541), and the Hong Kong Central State-Owned Enterprises Dividend ETF (code: 159333) [1][3][5][11][13] - Investors will be able to process subscription and redemption transactions through the newly appointed securities firms starting from the specified date [1][3][5][11][13] Group 2 - The announcement includes contact details for the involved securities firms, providing customer service numbers and websites for investor inquiries [1][4][6][11][14] - The company emphasizes the importance of investors reading the fund contracts and prospectuses before making investment decisions [1][4][5][11][14]

Core Viewpoint - The announcement from Changjiang Securities Co., Ltd. indicates that the company has triggered a mandatory interest payment event for its perpetual subordinated bonds due to the approval of cash dividends to ordinary shareholders at the 2024 annual general meeting [1][2]. Group 1 - The company has publicly issued perpetual subordinated bonds (23 Changjiang Y1, 24 Changjiang Y1, 25 Changjiang Y1) with terms that stipulate mandatory interest payments if certain events occur, including the distribution of dividends to ordinary shareholders [1]. - On May 20, 2025, the company held its 2024 annual general meeting and approved a proposal for profit distribution, which includes cash dividends to shareholders, thus triggering the mandatory interest payment event [1]. - The company reassures that the triggering of this event will not have a significant impact on its daily management, financial condition, or debt repayment capability [2]. Group 2 - The company plans to reasonably arrange funds to ensure timely and full interest payments on the perpetual subordinated bonds despite the triggered event [2].

Group 1: Company Strategy and Performance - The company aims to maintain competitiveness by implementing strategies that align with national policies, focusing on "serving the real economy, wealth management, and major strategic initiatives in Hubei" [1] - The annual profit distribution plan includes a cash dividend of 1.50 CNY per 10 shares, approved by the board and shareholders [1] - The company reported a net asset value of 7.09 CNY at the end of 2024 and 7.26 CNY at the end of March 2025 [3] Group 2: Risk Management and Governance - The company emphasizes effective risk management and internal controls as essential for stable operations, establishing a comprehensive risk management system [3] - The governance structure promotes a separation of powers among the shareholders, board, supervisors, and management, ensuring transparency and accountability [2] - The company has received an "A" rating for 14 consecutive years in the Shenzhen Stock Exchange's annual information disclosure assessment [2] Group 3: Market and Regulatory Environment - The company is adapting to the "Action Plan for Promoting High-Quality Development of Public Funds," which aims to enhance the research business and income models [5] - The company plans to leverage policy opportunities to expand its mergers and acquisitions business, enhancing its industry integration capabilities [6] - The company is currently undergoing a major shareholder change, with the application accepted by the China Securities Regulatory Commission [8] Group 4: Shareholder Value and Communication - The company has maintained a stable cash dividend policy for 17 consecutive years, with a high dividend payout ratio among listed brokers [6] - The company is committed to improving information disclosure quality and investor relations management to enhance shareholder value [6] - The company acknowledges that stock price fluctuations are influenced by various external factors and emphasizes the importance of investment risk awareness [6]

| 债券代码：148221.SZ | 债券简称：23 | 长江 | Y1 | | --- | --- | --- | --- | | 债券代码：148659.SZ | 债券简称：24 | 长江 | Y1 | | 债券代码：524103.SZ | 债券简称：25 | 长江 | Y1 | 长江证券股份有限公司 关于永续次级债券发生强制付息事件的公告 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。 长江证券股份有限公司（以下简称"公司"）已公开发行的永续 次级债券（23 长江 Y1、24 长江 Y1、25 长江 Y1）的发行条款中约 定了强制付息事件："付息日前 12 个月，发生以下事件的，发行人不 得递延当期利息及已经递延的所有利息及其孳息：（1）向普通股股 东分红；（2）减少注册资本。" 公司于 2025 年 5 月 20 日召开了 2024 年年度股东大会，审议并 通过了《关于公司 2024 年度利润分配的议案》，拟向股东分配现金 红利，详见公司于 2025 年 5 月 21 日在深圳证券交易所网站上披露的 《公司 2024 年年度股东大会决议公告》。因该事项 ...

多家公司在一季报和业绩说明会上表达了对未来增长的信心。 152家湖北A股上市公司中111家公司实现盈利，其中32家公司归母净利润在1亿元以上。中信特钢归母 净利润13.84亿元排名第一，同比增长1.76%。长江证券、九州通、人福医药、新洋丰、济川药业、宏发 股份、华工科技、长江传媒、安琪酵母归母净利润均超3亿元。 九州通一季度归母净利润9.7亿元，同比增长80.38%。今年2月，九州通首创的医药行业"股权+资产双上 市"平台公司医药物流仓储设施公募REITs发行获中国证监会核准，在上交所成功上市。本次公募REITs 的发行，让其成为医药行业首家建立"股权+资产双上市"平台的企业，开启了公司由重资产向轻资产转 型的序章，也为医药流通企业盘活资产树立了行业标杆。 | 证券代码 | 证券名称 | 归母净利润 | 归母净利润增长率 | | --- | --- | --- | --- | | | | 亿元 | % | | 000708.SZ | 中信特钢 | 13.8379 | 1.7636 | | 000783.SZ | 长江证券 | 9.7956 | 143.7635 | | 600998.SH | 九州通 | 9 ...

Group 1 - The announcement details the repayment and delisting of the subordinated bonds issued by Changjiang Securities, specifically the 2022 public offering for professional investors, with the principal and interest payment scheduled for May 26, 2025 [1] - The total amount of principal and interest to be paid is 1,030.30 yuan (including tax), with individual bondholders receiving a net amount of 1,024.24 yuan after a 20% personal income tax deduction [1] - The company will entrust China Securities Depository and Clearing Corporation Limited Shenzhen Branch to handle the repayment and interest payment process [1] Group 2 - The bondholders are required to pay a personal income tax on the interest income at a rate of 20%, which will be withheld and paid by the respective payment outlets [1] - The announcement includes contact information for Changjiang Securities and other relevant institutions for inquiries regarding the bond repayment [1]