债券代码：148730.SZ 债券简称：24运通01 债券代码：524288.SZ 债券简称：25广电运通K1 广电运通集团股份有限公司 公司债券受托管理事务报告 （2024年度） （注册地址：广州市高新技术产业开发区科学城科林路9、11号） 债券受托管理人 广发证券股份有限公司 重要声明 广发证券股份有限公司（以下简称"广发证券"或"受托管理人"）编制本报 告的内容及信息均来源于发行人对外披露的《广电运通集团股份有限公司2024 年年度报告》等相关公开信息披露文件、广电运通集团股份有限公司（以下简 称"广电运通"或"发行人"）提供的证明文件以及第三方中介机构出具的专业意 见。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜做出独立判断，而不应将本报告中的任何内容据以作为广发证券所作的 承诺或声明。 目 录 | 第一章 | 受托管理的公司债券概况 1 | | --- | --- | | 第二章 | 受托管理人履行职责情况 3 | | 第三章 | 发行人的经营和财务状况 4 | | 第四章 | 发行人募集资金使用和披露的核查情况、专项账户运作与核查情况 7 | | 第五章 | 发行人信 ...

Group 1 - The core viewpoint of the news is the significant rise in the cross-border payment sector, with several companies experiencing substantial stock price increases following the launch of the cross-border payment system between mainland China and Hong Kong [1][3]. - The cross-border payment system, known as "cross-border payment通," was officially launched on June 22, allowing real-time cross-border remittances for residents of both regions [3]. - The first batch of participating institutions includes major banks from both mainland China and Hong Kong, indicating a strong foundation for future growth in cross-border payment services [3]. Group 2 - Notable stock price increases include: 优博讯 (+19.98% to 21.14), 吉大正元 (+10.01% to 26.16), 神州信息 (+9.99% to 13.54), and 拉卡拉 (+46.34% to 30.00) [2]. - 中信证券 highlights the potential for business growth and increased revenue for the first batch of participating banks due to the new cross-border payment system [3]. - 中信建投 emphasizes the ongoing development of stablecoin policies and their positive impact on the internationalization of the RMB and cross-border payments, suggesting a focus on related investment opportunities [4].

Summary of Key Points from Conference Call Records Company: Guoli Co., Ltd. (国力股份) Industry Focus - Guoli Co., Ltd. is involved in several emerging fields including controlled nuclear fusion, solid-state batteries, fourth-generation semiconductors, and military applications [1][2][3]. Core Insights and Arguments - The company has established a strategic partnership with a leading domestic solid-state battery manufacturer to collaborate on technology development, market expansion, and brand cooperation [2]. - Guoli has developed key products for the controlled nuclear fusion sector, including cold cathode discharge tubes and vacuum capacitors, which enhance the stability of fusion devices [2]. - In the semiconductor equipment manufacturing sector, Guoli is recognized as one of the early suppliers of semiconductor electronic devices in China, with successful product launches including high-voltage RF relays and vacuum capacitors [3]. - The company has made significant advancements in the new energy sector, with the development of high-voltage DC contactors for electric vehicles and energy storage systems, which have been successfully delivered to clients [4]. - In the military sector, Guoli has expanded its product offerings in military vacuum relays and DC contactors, with steady revenue growth and successful project completions [5]. Additional Important Information - Guoli's products are widely used across various applications including new energy vehicles, aerospace, photovoltaic energy, semiconductor manufacturing, and military technology [1]. - The company has a strong focus on R&D and has achieved recognition from high-end semiconductor clients for its innovative products [3]. - Guoli's strategic initiatives in the eVTOL (electric Vertical Take-Off and Landing) market are expected to provide substantial performance support in the future [4]. Company: Guangdian Yuntong (广电运通) Industry Focus - Guangdian Yuntong is a leader in artificial intelligence and digital economy sectors, focusing on financial technology, smart cities, and intelligent transportation [6]. Core Insights and Arguments - The company is enhancing its capabilities in the computing power sector, with significant investments in AI public computing centers and partnerships with major tech firms like Huawei [7]. - Guangdian Yuntong is actively participating in the digital RMB pilot program, providing comprehensive services for banks and clients in foreign currency exchange solutions [8]. Additional Important Information - The company has developed a digital RMB foreign currency exchange machine that supports multiple currencies, significantly improving convenience for users [8]. - Guangdian Yuntong's technological advancements include smart robots for security and navigation, showcasing its commitment to integrating AI into practical applications [9]. Company: Keda Li (科达利) Industry Focus - Keda Li specializes in precision structural components for lithium batteries and automotive parts, with a strong market presence in the electric vehicle sector [10][11]. Core Insights and Arguments - The company is forming a joint venture to invest in intelligent drive technology, indicating a strategic move towards advanced robotics and automation [10]. - Keda Li has established a strong foothold in the lithium battery structural component market, maintaining over 50% market share domestically and 30% globally [10]. Additional Important Information - The company is also venturing into the harmonic reducer market, with expectations of significant growth in this sector by 2030 [11]. - Keda Li's ongoing R&D efforts and partnerships are expected to drive future growth and profitability in the rapidly evolving electric vehicle market [11].

证券代码：002152 证券简称：广电运通 公告编号：临 2025-035 广电运通集团股份有限公司 二、交易各方的基本情况 关于内部无偿划转益阳保安 100%股权的公告 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。 一、交易概述 1、为优化资源配置和理顺管理架构，提升管理效率和专业化管理水平，广电运通集团 股份有限公司（以下简称"广电运通"或"公司"）全资子公司广州广电银通安保投资有限 公司（以下简称"广电安保"）的全资子公司邵阳市保安服务有限责任公司（以下简称"邵 阳保安"）拟将持有的益阳市保安服务有限责任公司（以下简称"益阳保安"）100%股权 内部无偿划转至广电安保。本次划转完成后，广电安保将直接持有益阳保安 100%股权，益 阳保安成为其全资子公司。 2、公司于2025年6月11日召开第七届董事会第十五次（临时）会议，审议通过了《关于 内部无偿划转益阳保安100%股权的议案》。 1、划出方基本情况 公司名称：邵阳市保安服务有限责任公司 法定代表人：陈爽 统一社会信用代码：91430500668596940U 类 型：有限责任公司（非自然人投资或控股 ...

证券代码：002152 证券简称：广电运通 公告编号：临 2025-034 特此公告！ 广电运通集团股份有限公司 董 事 会 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。 广电运通集团股份有限公司（以下简称"公司"）第七届董事会第十五次（临时）会议 于 2025 年 6 月 11 日以通讯方式召开。召开本次会议的通知及相关资料已于 2025 年 6 月 9 日以电话、电子邮件等方式送达各位董事。2025 年 6 月 11 日，9 位董事均对本次会议审议 事项进行了表决。本次会议的召开符合《公司法》及《公司章程》的有关规定。会议经审议 通过如下决议： 一、审议通过了《关于内部无偿划转益阳保安 100%股权的议案》 董事会同意公司全资子公司广州广电银通安保投资有限公司（以下简称"广电安保"） 的全资子公司邵阳市保安服务有限责任公司将持有的益阳市保安服务有限责任公司 100%股 权无偿划转至广电安保。 表决结果：9 票同意，0 票反对，0 票弃权。 详见公司于 2025 年 6 月 12 日刊登在巨潮资讯网 www.cninfo.com.cn 及《证券时报》《中 ...

Core Viewpoint - The company Guangdian Yuntong (002152) is optimizing resource allocation and management structure to enhance management efficiency and professional management level through an internal transfer of 100% equity of Yiyang Security Service Co., Ltd. to Guangdian Anbao [1] Group 1: Company Actions - Guangdian Yuntong's wholly-owned subsidiary, Guangzhou Guangdian Yintong Security Investment Co., Ltd., plans to transfer its 100% equity in Yiyang Security Service Co., Ltd. to Guangdian Anbao without compensation [1] - After the transfer, Guangdian Anbao will directly hold 100% equity of Yiyang Security, making it a wholly-owned subsidiary [1] Group 2: Financial Overview of Yiyang Security - As of December 31, 2024, Yiyang Security has total assets of 110 million yuan, total liabilities of 26.296 million yuan, and net assets of 83.6231 million yuan [1] - For the year 2024, Yiyang Security reported operating income of 76.1677 million yuan and a net profit of 18.6314 million yuan [1]

Core Viewpoint - The financial technology sector is experiencing significant growth, driven by the recent implementation of the stablecoin legislation in Hong Kong and the successful IPO of Circle, indicating strong investor interest in stablecoins and financial technology innovations [3][4]. Group 1: Market Performance - As of June 9, 2025, the CSI Financial Technology Theme Index (930986) rose by 1.13%, with notable increases in constituent stocks such as Chutianlong (10.01%) and Dongxinheping (9.99%) [3]. - The Financial Technology ETF (516860) increased by 1.05%, with a latest price of 1.25 yuan and a trading volume of 13.05 million yuan [3]. - The Financial Technology ETF has seen a significant increase in shares, with a growth of 37 million shares over the past three months, ranking it in the top third among comparable funds [4]. Group 2: Financial Metrics - The Financial Technology ETF's net asset value increased by 81.91% over the past year, ranking 18th out of 2845 index equity funds, placing it in the top 0.63% [4]. - The ETF has recorded a maximum monthly return of 55.92% since inception, with an average monthly return of 10.19% and a historical three-year holding profit probability of 97.01% [4]. - The ETF's management fee is 0.50%, and the custody fee is 0.10%, which are among the lowest in comparable funds [5]. Group 3: Top Holdings - As of May 30, 2025, the top ten weighted stocks in the CSI Financial Technology Theme Index accounted for 52.03% of the index, with Tonghuashun (9.50%) and Dongfang Caifu (9.01%) being the top two [5][7]. - The top ten stocks include notable companies such as Hengsheng Electronics, Runhe Software, and Newland, indicating a diverse representation within the financial technology sector [5][7].

广电运通集团股份有限公司 2025 年面向专业投资者公开发行科技创 （本页无正文，为《广电运通集团股份有限公司 2025 年面向专业投资者公开发 行科技创新公司债券（第一期）在深圳证券交易所上市的公告》之盖章页） 广电运通集团股份有限公司 新公司债券（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，广电运通集团股份有限公司 2025 年面向专业投资者公开发行科技创新公司债券（第一期）符合深圳证券交 易所债券上市条件，将于 2025 年 6 月 6 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 | 广电运通集团股份有限公司 2025 年面向专业投资者公开发行 科技创新公司债券（第一期） | | --- | --- | | 债券简称 | 25 广电运通 K1 | | 债券代码 | 524288.SZ | | 信用评级 | 主体评级 AAA，无债项评级 | | 评级机构 | 广州普策信用评价有限公司 | | 发行总额 | 4 亿元 | | 债券期限 | 本期债券期限为 3 年 ...

Group 1: Policy and Market Trends - Shenzhen's implementation plan aims to increase the proportion of digitally deliverable service trade to over 50% by 2030 and over 55% by 2035 [1] - The plan includes 20 measures across four areas to enhance international competitiveness in service and digital trade [1] - The digital trade market in China is projected to exceed 4.5 trillion yuan by 2025 and reach 8.2 trillion yuan by 2030, with a compound annual growth rate of over 12% [2] Group 2: Company Developments - Lakala's cross-border payment business is growing, with a 14% increase in transaction volume to 49.2 billion yuan and an 80% increase in customer service to over 120,000 in 2024 [3] - Guangdian Yuntong's subsidiaries are focusing on building a digital trust system and developing data space security infrastructure, as well as enhancing public data utilization [3] - Companies in telecommunications, internet, and cultural sectors are expected to benefit from the acceleration of digital trade and data resource development [2]

Core Viewpoint - The financial technology sector is experiencing growth, driven by regulatory developments in stablecoins and increased investment in financial technology ETFs, indicating a positive outlook for the industry [3][4]. Group 1: Financial Technology ETF Performance - The financial technology ETF (516860) has seen a recent increase of 0.74%, with a latest price of 1.22 yuan and a trading volume of 59.49 million yuan [3]. - Over the past year, the financial technology ETF has achieved a net value increase of 71.32%, ranking 31 out of 2831 index stock funds, placing it in the top 1.10% [4]. - The ETF has experienced significant growth in shares, with an increase of 22 million shares over the past three months, ranking it in the top third among comparable funds [4]. Group 2: Regulatory Developments - The Hong Kong government has officially enacted the "Stablecoin Regulation," establishing a licensing system for fiat-backed stablecoin issuers, which aims to enhance the regulatory framework for virtual asset activities and promote financial innovation [3]. - The introduction of stablecoin regulations in both the U.S. and Hong Kong marks a new phase of compliance and regulation in the stablecoin industry, which is expected to foster the continued prosperity of related cryptocurrency sectors [3]. Group 3: Key Holdings and Metrics - The top ten weighted stocks in the China Securities Financial Technology Theme Index (930986) account for 52.03% of the index, with notable companies including Tonghuashun (300033) and Dongfang Caifu (300059) [4][7]. - The financial technology ETF has a management fee of 0.50% and a custody fee of 0.10%, which are among the lowest in comparable funds [5]. - The ETF has demonstrated high tracking accuracy, with a tracking error of 0.046% over the past two years, the best among comparable funds [5].