公司不存在影响本次业绩预告内容准确性的重大不确定因素。 本次业绩预告相关财务数据仅为公司初步核算数据，准确的财务数据以公司 正式披露的 2025 年半年度报告为准。 特此公告。 证券代码：002939 证券简称：长城证券 公告编号：2025-045 长城证券股份有限公司 本公司及公司全体董事会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、本期业绩预计情况 （一）业绩预告期间：2025 年 1 月 1 日至 2025 年 6 月 30 日 （二）业绩预告情况：同向上升 项 目 本报告期 上年同期 归属于上市公司 盈利：133,471 万元–140,685 万元 盈利：72,146.32 万元 股东的净利润 比上年同期增长：85%–95% 扣除非经常性损益 盈利：132,896 万元–140,110 万元 盈利：71,670.56 万元 后的净利润 比上年同期增长：85%–95% 基本每股收益 盈利：0.33 元/股–0.35 元/股 盈利：0.18 元/股 二、与会计师事务所沟通情况 本次业绩预告相关财务数据未经会计师事务所预审计。 三、业绩变动原因说明 力构建产业金融新生 ...

证券代码：002939 证券简称：长城证券 公告编号：2025-045 长城证券股份有限公司 2025 年半年度业绩预告 本公司及公司全体董事会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。 2025 年以来，公司坚持"安全、领先、服务"的战略理念和文化主旨，全 力构建产业金融新生态，持续提升服务实体经济能力，向高质量发展迈出坚实步 伐。2025 年上半年，公司积极把握市场机遇，科学合理制定经营策略，财富管 理、自营投资业务稳定增长，投资银行、资产管理业务同比快速回升，各业务条 线协调发展，推动公司整体业绩稳步提升。 四、其他相关说明 公司不存在影响本次业绩预告内容准确性的重大不确定因素。 本次业绩预告相关财务数据仅为公司初步核算数据，准确的财务数据以公司 正式披露的 2025 年半年度报告为准。 一、本期业绩预计情况 （一）业绩预告期间：2025 年 1 月 1 日至 2025 年 6 月 30 日 （二）业绩预告情况：同向上升 | 项 目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公 ...

Group 1 - Financial technology has become a significant driving force for the development of the securities industry [1] - The recent recruitment announcements for Chief Information Officers (CIOs) at various securities firms highlight the importance of this role [1][2] - Since 2025, there have been frequent changes in the CIO positions across at least 10 securities firms, indicating a trend of internal promotions to enhance the integration of technology and business management [1][4] Group 2 - Mergers and acquisitions have also led to new CIO appointments, with examples including the hiring of five executives from Minsheng Securities by Guolian Minsheng [2] - The ongoing mergers among major securities firms are expected to result in further CIO adjustments to ensure continuity and integration of technology frameworks [4] Group 3 - There are currently at least 82 CIOs in the securities industry, characterized by a highly educated and experienced demographic [4][8] - The average age of CIOs is approximately 52 years, with a significant concentration between 50 and 55 years old [8] - Nearly 70% of CIOs hold advanced degrees, with 38 having master's degrees and 18 holding doctoral degrees [8] Group 4 - Major securities firms are leading in technology investment, with Huatai Securities investing 2.448 billion yuan, followed by Guotai Junan with 2.2 billion yuan [8][9] - Smaller firms are also increasing their technology investments, with Dongbei Securities allocating 19.45% of its previous year's revenue to technology [9] Group 5 - The integration of AI and financial services is becoming a consensus in the industry, with significant increases in technology investments driven by policy guidance, technological advancements, and business upgrades [9][10] - The digital transformation of the industry is entering a phase focused on quality improvement and efficiency enhancement [10] Group 6 - The application of AI technologies is being rapidly adopted by smaller firms to enhance service quality, with examples of local deployments in compliance consulting and advisory services [10] - The competition among securities firms is shifting towards optimizing the cost and business value of AI technologies, rather than merely increasing technology spending [11]

Group 1 - The humanoid robot concept has seen significant stock market activity, with companies like Shenzhou New Materials and Henggong Precision experiencing notable price increases [2] - Zhiyuan recently launched the Nezha Robot Lingxi X2-N, which can switch between wheeled and legged modes, showcasing advanced emotional expression and interaction capabilities [2] - The Lingxi X2-N can perform tasks such as climbing stairs and carrying weights up to 12 pounds while maintaining stability, and it is expected to achieve mass production by the second half of 2025, with thousands of units projected by the end of 2026 [2] Group 2 - The domestic robot industry is benefiting from top-level policies, with regions like Beijing, Shenzhen, and Shanghai developing humanoid robot-related policies and initiatives [3] - In Pudong, where Zhiyuan is located, over 100 robot companies have been established, supported by policies aimed at advancing key technologies in embodied intelligence [3] - The humanoid robot industry is accelerating, with multiple manufacturers launching mass production versions and robots already being utilized in factories, indicating a gradual commercialization of humanoid robots [3]

Summary of Key Points Core Viewpoint - The company intends to temporarily use part of the idle funds raised from the issuance of convertible bonds to supplement its working capital, ensuring that this does not affect the normal progress of its investment projects [1][5][6]. Group 1: Fundraising Overview - The company issued 5,705,370 convertible bonds at a price of 100 RMB each, raising a total of 57,053.70 million RMB, with a net amount of 561,760,105.80 RMB after deducting issuance costs [1][2]. - The funds are managed in a special account with a tripartite supervision agreement signed with the sponsor and the bank [1][2]. Group 2: Investment Projects and Usage - The total planned investment for the industrial automation and railway signal cable project is 65,233.00 million RMB, with the raised funds allocated entirely to this project [2]. - The company anticipates a temporary idle situation for the raised funds due to the construction cycle of the investment projects [2]. Group 3: Previous Use of Idle Funds - The company previously approved the use of up to 15,000 million RMB of idle funds to supplement working capital, with a repayment period not exceeding 12 months [3][4]. - All temporarily used funds have been returned to the special account as of the date of this report [3][5]. Group 4: Current Fund Usage Plan - The company plans to use up to 15,000 million RMB of idle funds for business expansion and daily operations, ensuring that the funds are only used for activities related to its main business [4][6]. - The expected savings on financial costs from this temporary use of funds is estimated at 4.5 million RMB based on the current market LPR rate of 3.0% [4]. Group 5: Approval and Oversight - The board of directors and the supervisory board have approved the use of idle funds, confirming compliance with relevant regulations and ensuring the interests of all shareholders [5][6]. - The sponsor has verified that the use of idle funds does not change the intended use of the raised funds and does not affect the investment projects [6][7].

Group 1 - The controlling shareholder, Huaneng Capital, plans to increase its stake in the company through centralized bidding transactions over a six-month period starting from April 9, 2025, with a minimum investment amount of RMB [1] - Prior to the announcement of the increase plan, Huaneng Capital held 1,870,991,745 shares, accounting for 46.38% of the total share capital [1] - Huaneng Capital has committed not to reduce its holdings during the implementation period of the increase plan and will strictly adhere to relevant laws and regulations [1] Group 2 - As of July 9, 2025, Huaneng Capital has increased its holdings by 6,370,900 shares, representing 0.16% of the total share capital, with an investment amount of approximately RMB 50.17 million [2] - After the increase, Huaneng Capital's total shareholding stands at 1,877,362,645 shares, which is 46.53% of the total share capital [2] - The increase in shareholding will not lead to changes in the controlling shareholder or actual controller, nor will it affect the company's governance structure and ongoing operations [2]

证券代码：002939 证券简称：长城证券 公告编号：2025-044 长城证券股份有限公司 关于控股股东增持股份计划实施期限过半的进展公告 本公司及公司全体董事会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。 长城证券股份有限公司（以下简称公司）于 2025 年 4 月 9 日披露了《关于 控股股东增持股份计划的公告》，公司控股股东华能资本服务有限公司（以下简 称华能资本）拟自 2025 年 4 月 9 日起 6 个月内，以集中竞价交易方式增持公司 股份。2025 年 7 月 9 日，本次增持计划实施期限已过半，公司收到华能资本出 具的《关于增持股份计划实施进展的告知函》，现将有关情况公告如下： 截至本公告披露日，华能资本所持公司股份 1,877,362,645 股，占公司总股 本的 46.53%。 三、其他相关说明 1.本次增持计划符合《证券法》《上市公司收购管理办法》以及《深圳证券 一、本次增持计划的基本情况 基于看好国内资本市场长期投资的价值，对公司未来稳定发展的信心及公司 价值的认可，公司控股股东华能资本拟自 2025 年 4 月 9 日起 6 个月内，通过深 圳证券 ...

Group 1 - The central bank and the China Securities Regulatory Commission (CSRC) jointly issued an announcement to support the issuance of technology innovation bonds, proposing measures to enrich the product system and improve supporting mechanisms for these bonds [1] - Shenzhen, recognized as a national highland for technological innovation and a pioneer in capital market reform, has a strong technological industry foundation and an active capital market system [1] - In 2024, Shenzhen's strategic emerging industries are expected to achieve an added value of over 1.5 trillion yuan, accounting for nearly 45% of its GDP, with R&D investment reaching 6.46% of GDP, ranking among the top in the country [1] Group 2 - Following the new policy for technology innovation bonds, 12 brokerages disclosed bond issuance announcements on May 8, with a total proposed issuance scale of 17.7 billion yuan, marking the first response from institutions after the policy's implementation [2] - Among these, four brokerages in Shenzhen issued bonds totaling 8.5 billion yuan, representing 50% of the national issuance total [2] - From May 7 to June 30, Shenzhen issued 17 technology innovation bonds with a total issuance scale of 13.777 billion yuan, including 10 bonds from securities companies and venture capital institutions totaling 11.5 billion yuan [2]

Core Viewpoint - The company intends to temporarily use part of its idle raised funds to supplement working capital, ensuring that this does not affect the normal progress of its fundraising investment projects [6][9]. Group 1: Fundraising Overview - The company was approved to publicly issue 70.6 million shares at a price of RMB 13.39 per share, raising a total of RMB 945.334 million, with a net amount of RMB 843.209 million after deducting issuance costs [2][3]. - As of the date of the verification opinion, the remaining balance of the raised funds is RMB 192.519 million, including oversubscription funds [6]. Group 2: Fund Utilization - The company has used RMB 496.663 million of the raised funds for third-party medical device logistics construction projects [4]. - The company plans to use up to RMB 92.75 million of idle raised funds temporarily to supplement working capital, with a usage period not exceeding 12 months [7][9]. Group 3: Approval and Oversight - The board of directors and the supervisory board have approved the use of idle funds, ensuring compliance with relevant regulations [9][10]. - The company will open a special account at a bank for the management of these funds and sign a tripartite supervision agreement to oversee the storage and usage of the raised funds [8]. Group 4: Financial Efficiency - By utilizing the idle funds, the company expects to save approximately RMB 2.78 million in financial costs based on the current loan market rate of 3.00% [8].

Core Insights - The article highlights the strong performance of top investment advisors in the A-share market, with significant excess returns compared to the market average, showcasing their capabilities in a volatile market environment [1][3]. Performance Overview - The average return of the top 300 advisors in the stock trading group reached 27.19%, while the top 10 advisors achieved an impressive average return of 47.41% [2][3]. - In June, the three major indices in the A-share market all showed positive performance, with the Shanghai Composite Index rising by 2.9%, the Shenzhen Component Index by 4.23%, and the ChiNext Index by 8.02% [3]. ETF Group Performance - The average return for the top 200 advisors in the ETF group was 17.34%, with the top 10 achieving an average return of 30.93% [10][11]. - Compared to the benchmark indices, the top advisors significantly outperformed, with the Shanghai Composite Index rising by 5.04% and the Shenzhen Component Index by 5.71% during the same period [11]. Advisor Strategies - Advisors from leading firms like Guangfa Securities and CITIC Securities shared their strategies, focusing on growth stocks and utilizing models like "5+30" to identify high-potential sectors [13][14]. - Risk management strategies were emphasized, including controlling drawdowns and diversifying portfolios to mitigate risks during market fluctuations [15][20]. Institutional Strength - Guangfa Securities, CITIC Securities, and China Galaxy Securities led the rankings in terms of the number of advisors participating in the evaluation, indicating their strong institutional capabilities [23][28]. - The competition among institutions reflects a shift towards a client-centric approach in wealth management, emphasizing the importance of professional capabilities [39]. Future Outlook - Advisors are focusing on sectors with high growth potential, such as innovative pharmaceuticals and aerospace, while also considering macroeconomic factors like Federal Reserve policies [17][22]. - The article suggests that as market volatility becomes the norm, the ability of professional advisors to create value will be crucial for their competitive edge [39].