Core Viewpoint - Nearly 90% of brokerage "gold stock" portfolios achieved positive returns in the first half of 2025, with Northeast Securities, Dongxing Securities, and Huaxi Securities leading the performance rankings [2][4]. Group 1: Performance of Brokerage "Gold Stocks" - In the first half of 2025, the Shanghai Composite Index rose by 2.76%, while the ChiNext Index increased by 0.53% [4]. - Among 45 brokerage "gold stock" portfolios, 40 reported positive returns, representing a nearly 90% success rate [4]. - Northeast Securities' "gold stock" portfolio topped the list with a return of 45.45%, followed by Dongxing Securities at 37%, and Huaxi Securities at 29.25% [5]. Group 2: Sector Performance - In June, the sectors with the highest excess returns among brokerage "gold stocks" were retail, automotive, and electronics [4]. - Year-to-date, the top-performing sectors were agriculture, retail, and automotive [4]. Group 3: July "Gold Stock" Recommendations - The July "gold stock" list features a shift towards technology and undervalued stocks, with electronics, pharmaceuticals, basic chemicals, and machinery being the most recommended sectors [7]. - Notable stocks recommended include Yingke Rebirth, Satellite Chemical, and Light Innovation Technology from Northeast Securities, and others from various brokerages [8]. Group 4: Stock Recommendations and Market Trends - Stocks like Kaiying Network and Muyuan Foods received multiple recommendations, indicating higher market attention [9]. - Northeast Securities highlighted Kaiying Network for its AI product development, while Guoxin Securities noted Muyuan Foods for its stable production capacity growth [10]. - The overall market trend since June has been stronger than expected, with major indices showing potential for breakthroughs, suggesting a favorable environment for active trading [10].

Core Insights - Nearly 90% of brokerage gold stock portfolios achieved positive returns in the first half of the year, with Northeast Securities leading at a 45.45% return [2][6] - The July gold stock list shows a strong representation from the electronics, pharmaceutical, and machinery sectors, with significant contributions from power equipment and non-bank financials [3][9] - Brokerages are optimistic about the market's potential to break through previous highs, particularly focusing on sectors like technology and brokerage firms for investment [4][12] Performance Summary - In June, the top-performing gold stock was Giant Network (002558.SZ) with a 63.09% monthly increase, driven by strong data from its new game [5] - Other notable performers included Shenghong Technology (300476.SZ) with a 55.39% increase and Inner Mongolia First Machinery (600967.SH) with a 54.80% increase [6] - The Shanghai Composite Index rose 2.76% in the first half of the year, while the North Star 50 Index surged nearly 40% [6] Brokerage Rankings - Northeast Securities topped the gold stock portfolio rankings with a 45.45% return, followed by Dongxing Securities at 37% and Huaxi Securities at 29.25% [6] - Five brokerages reported negative returns for their gold stock portfolios, including Changcheng Securities and Zhongyin Securities [7] Sector Focus - The latest gold stock recommendations highlight a concentration in electronics, pharmaceuticals, and machinery, with multiple brokerages recommending stocks like Pop Mart (09992.HK) and Zhongxin Securities (600030.SH) [9][10] - Other stocks receiving multiple recommendations include Muyuan Foods (002714.SZ), noted for its low costs and profitability in the slaughtering business [11] Market Outlook - Analysts suggest that the market may continue to show resilience in July, with potential breakthroughs depending on structural policy and market conditions [14][15] - The consensus among brokerages is that the Shanghai Composite Index has a significant chance of surpassing last year's highs, with a focus on technology and brokerage sectors for investment opportunities [12][15]

证券代码：002926 证券简称：华西证券 公告编号：2025-024 华西证券股份有限公司董事会 华西证券股份有限公司（以下简称"公司"）于 2025 年 6 月 19 日以电子邮件方 式发出第四届董事会 2025 年第三次会议通知，会议于 2025 年 6 月 30 日通过公司总 部现场会议与远程视频相结合的方式召开。本次会议应出席董事 10 名，实际出席董 事 10 名，公司部分监事及高级管理人员列席了会议，周毅董事长主持会议。本次会 议的召集、召开及表决程序符合《公司法》等相关法律法规和《公司章程》的规定。 董事会审议了会议通知所列明的议案，所有表决议案均获通过，决议如下： 关于聘任首席信息官的议案 表决结果：十票同意，零票反对，零票弃权。 董事会同意聘任李钧为公司首席信息官，任期自本次董事会审议通过之日起至本 届董事会任期届满之日止。根据《泸州市市属企业经营管理层实行市场化选聘和契约 化管理的实施意见（试行）》（泸组通﹝2019﹞130 号）相关规定，董事会初次聘任 高级经营管理人员应实行任职试用期制，试用期为一年。 《关于聘任高级管理人员的公告》与本决议同日刊登于《中国证券报》《上海证 券报》《证 ...

证券代码：002926 证券简称：华西证券 公告编号：2025-024 华西证券股份有限公司 第四届董事会 2025 年第三次会议决议公告 表决结果：十票同意，零票反对，零票弃权。 董事会同意聘任李钧为公司首席信息官，任期自本次董事会审议通过之日起至本 届董事会任期届满之日止。根据《泸州市市属企业经营管理层实行市场化选聘和契约 化管理的实施意见（试行）》（泸组通﹝2019﹞130 号）相关规定，董事会初次聘任 高级经营管理人员应实行任职试用期制，试用期为一年。 《关于聘任高级管理人员的公告》与本决议同日刊登于《中国证券报》《上海证 券报》《证券时报》《证券日报》及巨潮资讯网（www.cninfo.com.cn）。 特此公告。 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 华西证券股份有限公司（以下简称"公司"）于 2025 年 6 月 19 日以电子邮件方 式发出第四届董事会 2025 年第三次会议通知，会议于 2025 年 6 月 30 日通过公司总 部现场会议与远程视频相结合的方式召开。本次会议应出席董事 10 名，实际出席董 事 10 名，公司部分监事 ...

华西证券股份有限公司（以下简称"公司"）于 2025 年 6 月 30 日召开第四 届董事会 2025 年第三次会议审议通过了《关于聘任首席信息官的议案》，聘任 李钧担任公司首席信息官。任期自本次董事会审议通过之日起至第四届董事会任 期届满之日止。 根据《泸州市市属企业经营管理层实行市场化选聘和契约化管理的实施意见 （试行）》（泸组通﹝2019﹞130 号）相关规定，董事会初次聘任高级经营管理 人员应实行任职试用期制，试用期为一年。 李钧简历详见附件。 特此公告。 华西证券股份有限公司董事会 2025 年 7 月 1 日 证券代码：002926 证券简称：华西证券 公告编号：2025-025 华西证券股份有限公司 关于聘任高级管理人员的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 1 李钧简历 李钧：男，白族，1973 年 12 月生，中国国籍，无境外居留权，硕士。现任 华西证券股份有限公司首席信息官。1995 年 7 月至 1997 年 4 月，任深圳万信金 融经济信息有限公司职员；1998 年 1 月至 1998 年 12 月，任国信证券深圳红岭 ...

北京中伦（成都）律师事务所 关于华西证券股份有限公司 2024 年度股东大会的 法律意见书 二〇二五年六月 北京中伦（成都）律师事务所 华西证券股份有限公司（以下简称"公司"）2024年度股东大会（以下简称 "本次会议"）于2025年6月30日15时00分在成都市高新区天府二街198号公司会 议中心4楼召开，北京中伦（成都）律师事务所（以下简称"本所"）接受公司 委托，指派律师出席本次会议，并出具本法律意见书。 本所律师在会议召开前和召开过程中，审查了有关本次股东大会的全部材料， 并对出席本次会议人员及会议召集人的资格、本次会议的召集、召开程序等重要 事项的合法性进行了现场核验，在此基础上，根据《中华人民共和国公司法》（以 下简称"《公司法》"）、中国证券监督管理委员会《上市公司股东会规则》《律 师事务所从事证券法律业务管理办法》等相关法律、法规及《华西证券股份有限 公司章程》（以下简称"《公司章程》"）的相关要求，按照律师行业公认的业 务标准、道德规范和勤勉尽责精神，发表法律意见如下： 一、本次会议的召集、召开程序 1.2025年4月24日，公司召开第四届董事会2025年第一次会议，并于2025年4 月25 ...

证券代码：002926 证券简称：华西证券 公告编号：2025-026 华西证券股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1.本次股东大会未出现否决提案的情形。 2.本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开情况 1、会议召开的日期、时间： （1）现场会议召开时间：2025 年 6 月 30 日（星期一）15:00 开始 （2）网络投票时间：2025 年 6 月 30 日 其中，通过深圳证券交易所交易系统进行投票的具体时间为：2025 年 6 月 30 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票 系统进行投票的具体时间为：2025 年 6 月 30 日 9:15-15:00。 2、会议召开方式：本次会议采用现场投票与网络投票相结合的方式召开。 3、现场会议召开地点：成都市高新区天府二街 198 号公司会议中心 4 楼 406 会议室 4、会议召集人：公司董事会 5、会议主持人：董事长周毅先生 6、本次会议的召集、召开程 ...

| 债券代码:149996.SZ | | --- | | 债券代码：148088.SZ | | 债券代码：148180.SZ | | 债券代码：148292.SZ | | 债券代码：148519.SZ | | 债券代码：148588.SZ | | 债券代码：148754.SZ | | 债券代码：148839.SZ | | 债券代码：524062.SZ | 债券代码：149996.SZ 债券简称：22 华股 02； 债券代码：148088.SZ 债券简称：22 华股 03； 债券代码：148180.SZ 债券简称：23 华股 01； 债券代码：148292.SZ 债券简称：23 华股 02； 债券代码：148519.SZ 债券简称：23 华股 03； 债券代码：148588.SZ 债券简称：24 华股 01； 债券代码：148754.SZ 债券简称：24 华股 02； 债券代码：148839.SZ 债券简称：24 华股 03； 债券代码：524062.SZ 债券简称：24 华股 04； 华西证券股份有限公司 公司债券受托管理事务报告 （2024 年度） 债券受托管理人 西南证券股份有限公司 〔2022〕1287 ...

Market Overview - The A-share market saw all three major indices rise in the morning session, with the Shanghai Composite Index up 0.2%, the Shenzhen Component Index up 0.54%, and the ChiNext Index up 0.93% [1] - The total market turnover reached 932.6 billion yuan, a decrease of 81.1 billion yuan compared to the previous day, with over 3,500 stocks rising [1] Sector Performance - The gaming, military, brain-computer interface, and photolithography concept stocks led the gains, while the banking, securities, and dairy sectors experienced declines [3] - Notable stocks in the military sector included Hengyu Xintong (300965), Chenxi Aviation (300581), and Zhongbing Hongjian (000519), all of which hit the daily limit [3] - The gaming sector saw significant increases with Kaiying Network (002517) and Giant Network (002558) both reaching the daily limit [3] - Photolithography concept stocks were active, with Blue Eagle Equipment (300293) hitting the daily limit, along with Kaimete Gas (002549) and Zhongci Electronics (003031) [3] - The innovative drug sector rebounded, with Zhaoyan New Drug (603127) also hitting the daily limit [3] - The banking and securities sectors faced early declines, with Guosheng Jinkong (002670) dropping over 5% [3] Hot Stocks - The strongest sectors included new energy vehicles, military, and specialized innovative companies, with multiple stocks hitting daily limits [8][9][10] - In the new energy vehicle sector, 16 stocks reached the daily limit, with the highest consecutive limit being 9 days [8] - The military sector had 14 stocks hitting the daily limit, with the highest consecutive limit also being 9 days [9] - The specialized innovative sector had 13 stocks hitting the daily limit, with a maximum of 3 consecutive limits [10] Sector Insights - The military equipment sector is expected to benefit from increasing global military trade demand and domestic military modernization efforts, potentially leading to a dual boost in fundamentals and industry valuations [12] - The gaming sector is supported by a record number of game approvals, indicating regulatory support for healthy industry development [13] - The brain-computer interface sector is gaining attention due to advancements from Neuralink, with significant usage data reported from trial participants [14] - The digital currency sector is poised for growth as Hong Kong aims to enhance cross-border payment efficiency through stablecoins, with new regulations set to take effect [15]

Group 1 - The brokerage sector experienced a strong performance on the 27th, with Tianfeng Securities hitting the daily limit, Huaxi Securities rising over 8%, and other firms like Guosheng Jinkong and Xiangcai Shares increasing by more than 5% [1] - The People's Bank of China and the China Securities Regulatory Commission, along with other departments, issued guidelines to support and expand consumption, which is expected to enhance the business environment for securities firms [1] - Guotai Junan International, a subsidiary of Guotai Haitong, received approval from the Hong Kong Securities and Futures Commission to upgrade its license, allowing it to provide virtual asset trading services, marking a significant breakthrough for mainland brokerages [1] Group 2 - Citic Securities noted that the guidelines for financial support of consumption are likely to improve the business climate for investment banking within securities firms [2] - The approval for virtual asset trading services is seen as a major breakthrough for mainland brokerages' operations in Hong Kong, potentially accelerating the application for related licenses [2] - Current PB valuations for the securities sector indicate that the brokerage sector has strong upside potential, with the Citic Securities III index at 1.37 times and the Wind Chinese brokerage index at 0.69 times, both reflecting moderate levels [2]