国浩律师（上海）事务所 法律意见书 2024 年年度股东会的法律意见书 致：东方财富信息股份有限公司 东方财富信息股份有限公司（以下简称"公司"）2024 年年度股东会（以下简 称"本次股东会"）于 2025 年 4 月 7 日在上海市徐汇区宛平南路 88 号东方财富大 厦召开。国浩律师（上海）事务所（以下简称"本所"）接受公司的委托，指派本 所律师出席见证本次股东会。本所律师依据《中华人民共和国证券法》《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》（以下简称"《股东会规则》"）、《深圳证券交易所上市公司股东大 会网络投票实施细则》（以下简称"《股东大会网络投票实施细则》"）等法律、法 规、规章和规范性文件以及《东方财富信息股份有限公司章程》（以下简称"《公 司章程》"）的规定，就公司本次股东会的召集与召开程序、出席会议人员资格、 召集人资格、会议表决程序和表决结果的合法性等有关法律问题出具本法律意见 书。 对本法律意见书的出具，本所律师特作如下声明： 1、本所及经办律师依据《中华人民共和国证券法》《律师事务所从事证券法 律业务管理办法》和《律师事务所证券 ...

证券代码：300059 证券简称：东方财富 公告编号：2025-025 东方财富信息股份有限公司 2024 年年度股东会决议公告 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。 特别提示： 1.本次股东会没有出现否决议案； 2.本次股东会没有变更前次股东会的决议。 一、会议召开和出席情况 1.会议召集人：董事会 2.会议主持人：董事长其实先生 3.会议召开时间： 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为2025年4月7 日9:15-9:25，9:30-11:30，13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为2025年4月7日9:15 至15:00期间的任意时间。 5.会议的股权登记日：2025 年 3 月 26 日 6.会议召开地点：上海市徐汇区宛平南路 88 号东方财富大厦 7.本次会议的召集、召开与表决程序符合《公司法》和《公司章程》的规定。 8.出席本次股东会并投票表决的股东及股东授权委托代表共 5,870 人，代表 5,123,869,455 股，占公司股份总数的 32.4593%。其中，中小股东及股东授权 ...

4月7日，东方财富股票收盘大跌13.9%，天眼查工商信息显示，东方财富信息股份有限公司成立于2005年，位于上海市，是一家以从事互联网和相关服务为 主的企业。企业注册资本1578554.2475万人民币，法定代表人为其实。 数据显示，易方达基金旗下2只基金进入东方财富前十大股东。其中易方达创业板ETF去年四季度增持，易方达沪深300发起式ETF去年四季度减持。 其中，易方达创业板ETF今年以来收益率-3.52%，同类排名3036(总3442)，易方达沪深300发起式ETF今年以来收益率-1.66%，同类排名2601(总3442)。 | 累计任职时间：8年又337天 | | --- | | 任职起始日期：2016-05-07 | | 现任基金公司:易方达基金管理有限公司 | | 阶段涨幅 | 季度涨幅 年度涨幅 | | 四 下载 | App6.7.1: | | --- | --- | --- | --- | --- | | | 近1周 | 近1月 | 近3月 | 新功能:"小天 | | 阶段涨幅 | -3.70% | -5.97% | 2.49% | 型,智能问答 | | 同类平均0 | -1.87% | -1 ...

Group 1 - Apple CEO Tim Cook sold 108,100 shares of Apple stock for approximately $24.18 million, marking his third sale in a year, totaling over $110 million [2] - Oriental Fortune's chairman stated there are no plans to acquire Xueqiu during the annual performance briefing [3] - Meituan's CEO Wang Xing announced organizational adjustments and personnel appointments, including merging the review business into the core local business [3] Group 2 - Douyin Group acquired a land parcel in Guangzhou for 1.214 billion yuan to build a South China innovation base [4] - Tesla plans to produce 5,000 units of its Optimus humanoid robot this year, with a goal of 50,000 units next year [4] - Huawei's Hubble invested in Chengdu Xinzhao Technology, increasing its registered capital from 62.13 million yuan to approximately 70.20 million yuan [4] Group 3 - Pinduoduo announced a new initiative called "1,000 Billion Support" to invest over 100 billion yuan in the next three years to enhance the e-commerce ecosystem [6] - Meituan started a pilot program for rider pension insurance, expanding coverage to 17 provinces and cities [7] - Ele.me launched an AI product called "AI Entry Smart Manager" to assist new merchants with the onboarding process [8] Group 4 - Seres reported that the sales of its AITO M9 model increased by 117.83% year-on-year in the first quarter, with total sales reaching 23,290 units [9] - Poly Developments won a residential land bid in Hangzhou for 4.25 billion yuan, with a premium rate of 17.73% [10] - Guotai Junan completed its name change to Guotai Haitong Securities and appointed Zhu Jian as chairman and Li Junjie as president [11] Group 5 - Hengrui Medicine received approval for clinical trials of its new drug HRS-6719, which targets tumor cells [12] - Novo Nordisk announced the departure of its executive vice president Camilla Sylvest, with new leadership appointments [13] Group 6 - Several gold jewelry brands reported that the price of gold jewelry exceeded 960 yuan per gram [14] - Three squirrels increased the proportion of self-produced nuts and snacks significantly through the establishment of supply chain bases [14] - Dongpeng Beverage submitted an application for H-share listing on the Hong Kong Stock Exchange [15] Group 7 - Chanel denied rumors of a 20% workforce reduction in China, stating that its personnel development plans remain unchanged [16]

Group 1: Financial Performance and Shareholder Returns - The company plans to distribute a total cash dividend of 949 million CNY for 2024, with a total cash return of 1.435 billion CNY, representing 14.94% of the net profit attributable to shareholders, an increase from previous years [5] - The company's asset-liability ratio for 2024 is 73.65%, and 58.51% when excluding securities trading liabilities [27] - Investment income and fair value changes reached 3.371 billion CNY, a year-on-year increase of 50.79%, primarily from bonds, bank wealth management, and structured deposits [31] Group 2: Strategic Initiatives and AI Development - The company is enhancing its AI capabilities across various business lines, integrating the "Miaoxiang AI" model into its services to provide personalized financial advisory [6] - R&D investment for 2024 is 1.143 billion CNY, a 5.73% increase from the previous year, focusing on AI and financial technology [37] - The company aims to strengthen its competitive edge by leveraging its data and technology to enhance user experience and service offerings [28] Group 3: Market Position and Future Outlook - The company maintains a strong market position as a leading internet brokerage, benefiting from a robust user base and brand recognition [16] - The capital market is expected to undergo significant reforms, providing growth opportunities for the company [19] - The company is committed to long-term strategies, focusing on user needs and continuous innovation to enhance its wealth management ecosystem [40] Group 4: Corporate Governance and Compliance - The company adheres to strict market regulations and has no current plans for issuing convertible bonds or share buybacks [7][12] - The company has been rated as A-class AA in the securities company classification for three consecutive years, reflecting its compliance and operational standards [34]

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。 东方财富信息股份有限公司（以下简称"公司"）子公司东方财富证券股份 有限公司（以下简称"东方财富证券"）于 2024 年 6 月 19 日成功发行了东方财 富证券股份有限公司 2024 年度第九期短期融资券（以下简称"24 东财证券 CP009"），发行金额为人民币 10 亿元，票面利率为 2.09%，期限为 286 天，兑 付日期为 2025 年 4 月 2 日。详情见公司于 2024 年 6 月 21 日在深圳证券交易所 网站和符合中国证监会规定条件的信息披露媒体披露的相关公告。 证券代码：300059 证券简称：东方财富 公告编号：2025-024 东方财富信息股份有限公司 关于子公司东方财富证券股份有限公司 2024 年度第九期 短期融资券兑付完成的公告 2025 年 4 月 2 日，东方财富证券完成了 24 东财证券 CP009 的本息兑付工 作。 特此公告。 东方财富信息股份有限公司董事会 二〇二五年四月三日 ...

Investment Rating - The report maintains a "Buy" rating for Dongfang Caifu (300059) with a target price based on the last closing price of 22.20 [1] Core Insights - Dongfang Caifu's 2024 annual report shows revenue of 11,604.34 million yuan, a year-on-year increase of 4.72%, and a net profit of 9,610.12 million yuan, up 17.29% year-on-year [4][8] - The company has seen an increase in market share in brokerage and margin financing businesses, benefiting from a recovering capital market [5] - The company is focusing on AI and financial integration, with a significant increase in R&D investment [6][7] Financial Performance - Total revenue for 2024 is reported at 116.04 billion yuan, with a net profit of 96.10 billion yuan, resulting in a return on equity (ROE) of 12.64% [4] - Brokerage trading volume reached 24.24 trillion yuan, with a market share of 4.71%, an increase of 0.70 percentage points year-on-year [5] - The company's investment income and fair value changes totaled 33.71 billion yuan, reflecting a 50.79% year-on-year increase [5] Market Position - As of the end of the reporting period, the company's non-monetary fund and equity fund holdings were 611.62 billion yuan and 382.38 billion yuan, respectively [6] - The company maintains a leading position in third-party sales institutions, second only to Ant Fund [6] Future Projections - Revenue projections for 2025-2027 are 127.03 billion yuan, 140.36 billion yuan, and 158.59 billion yuan, respectively, with net profits of 107.17 billion yuan, 120.22 billion yuan, and 137.33 billion yuan [7][8] - The expected earnings per share (EPS) for the same period are 0.68 yuan, 0.76 yuan, and 0.87 yuan, with corresponding price-to-earnings (PE) ratios of 33.26, 29.65, and 25.95 [7][8]

证券代码：300059 证券简称：东方财富 公告编号：2025-023 东方财富信息股份有限公司 关于子公司东方财富证券股份有限公司向专业投资者公开发行 公司债券获得中国证监会注册批复的公告 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。 东方财富信息股份有限公司（以下简称"公司"）子公司东方财富证券股份 有限公司（以下简称"东方财富证券"）收到中国证券监督管理委员会《关于同 意东方财富证券股份有限公司向专业投资者公开发行公司债券注册的批复》（证 监许可〔2025〕618号），主要内容如下： 一、同意东方财富证券向专业投资者公开发行面值总额不超过200亿元公司 债券的注册申请。 二、本次发行公司债券应严格按照报送深圳证券交易所的募集说明书进行。 三、本批复自同意注册之日起24个月内有效，东方财富证券在注册有效期内 可以分期发行公司债券。 四、自同意注册之日起至本次公司债券发行结束前，东方财富证券如发生重 大事项，应及时报告并按有关规定处理。 东方财富证券将严格按照有关法律法规和上述批复文件的要求办理发行公 司债券相关事宜，公司将及时履行信息披露义务。 特此公告 ...

Group 1 - The core viewpoint of the articles highlights the significant decline in the performance of the brokerage industry, particularly focusing on Dongfang Caifu Securities, which experienced a dramatic drop in commission income from 344 million yuan in 2023 to 73 million yuan, a year-on-year decrease of 78.86%, resulting in a fall of 16 ranks to 35th place in the industry [1] - Dongfang Caifu Securities was previously seen as an industry disruptor due to its "platform + content" ecosystem, which leveraged internet traffic, but is now facing severe challenges due to new regulatory norms and the resurgence of traditional brokerage research capabilities [1] - The appointment of Chen Guo, former Chief Strategist at CITIC Securities, as the Deputy Director and Chief Strategist of the research institute is a strategic move aimed at revitalizing the company's research capabilities [1] Group 2 - Chen Guo stated that he will lead the Dongfang Caifu strategy research team by integrating "fundamentals + quantitative" approaches, utilizing technology to empower the company's various business operations [2] - The success of Dongfang Caifu Securities in achieving a "research feedback ecosystem" by 2025 will be a critical test for the transformation of internet brokerages [2]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% compared to the benchmark index [4][6]. Core Insights - The company achieved a total revenue of 11.604 billion yuan in 2024, representing a year-on-year growth of 4.72%. Investment income and fair value changes saw a significant increase, reaching 3.371 billion yuan, up 50.79% year-on-year. The net profit attributable to shareholders was 9.610 billion yuan, a growth of 17.29% [1][4]. - The company is focusing on providing comprehensive wealth management services, enhancing digital infrastructure, and expanding its service capabilities for retail, institutional, and corporate clients. The total stock trading volume reached 24.24 trillion yuan, with a steady increase in market share for brokerage services [2]. - The company is advancing its "AI + Finance" strategy, with the self-developed "Miaoxiang" financial model achieving significant technological advancements. The model is being applied across various financial research processes, enhancing data retrieval, market analysis, and professional content creation [3]. Financial Performance Summary - In 2024, the company reported total revenue of 11.604 billion yuan, with a year-on-year increase of 4.72%. The net profit attributable to shareholders was 9.610 billion yuan, reflecting a growth of 17.29% [1][7]. - The forecast for revenue from 2025 to 2027 is projected to be 12.914 billion yuan, 13.875 billion yuan, and 14.635 billion yuan, respectively. The net profit for the same period is expected to be 10.536 billion yuan, 11.382 billion yuan, and 12.448 billion yuan, respectively [4][7]. - The earnings per share (EPS) are projected to increase from 0.67 yuan in 2025 to 0.79 yuan in 2027, with corresponding price-to-earnings (P/E) ratios decreasing from 34.46 to 29.17 [4][7].