风险提示：泓鼎基金仍处于筹备设立阶段，尚需通过市场监督管理部门 及中国证券投资基金业协会等有关机构登记注册、备案等手续，具体实施结果存 在不确定性。泓鼎基金具有投资周期长、流动性较低的特点，在投资运作过程中， 可能将受到宏观经济、行业周期、政策法规、投资标的经营管理等多种因素影响， 可能存在不能实现预期效益、不能及时退出等风险。敬请广大投资者注意投资风 本次交易构成关联/连交易。 本次交易不构成重大资产重组。 一、关联/连交易概述 中原证券股份有限公司 关于全资子公司发起设立私募基金暨关联/连交易的 公告 中原证券股份有限公司（以下简称"公司"）董事会及全体董事保证本公 告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、 准确性和完整性承担法律责任。 重要内容提示： 交易简要内容：公司全资子公司中鼎开源创业投资管理有限公司（以下 简称"中鼎开源"）拟认缴出资不超过人民币 5,000 万元与关联/连人河南资产基 金管理有限公司（以下简称"河南资产基金"）和河南资产管理有限公司（以下 简称"河南资产"）共同设立河南泓鼎股权投资合伙企业（有限合伙）（暂定名， 以下简称"基金"或"泓鼎基金"），基 ...

Group 1 - Zhongyuan Securities (601375.SH) announced the establishment of a new private equity fund, Hongding Fund, in collaboration with Henan Assets and Henan Assets Fund [1] - The company’s wholly-owned subsidiary, Zhongding Kaiyuan, plans to contribute no more than RMB 50 million to the fund [1] - The total proposed scale of the Hongding Fund is set to not exceed RMB 125 million [1]

Group 1 - The core viewpoint of the article is that Zhongyuan Securities is expanding its private fund management business by establishing a new fund called Hongding Fund, in collaboration with Henan Assets and Henan Assets Fund [1] - Zhongyuan Securities' wholly-owned subsidiary, Zhongding Kaiyuan, plans to contribute no more than RMB 50 million to the fund [1] - The total planned scale of the Hongding Fund is set to be no more than RMB 125 million [1]

格隆汇9月8日丨根据联交所最新权益披露资料显示，2025年9月2日，中州证券(01375.HK)获易方达基金管理有限公司在场内以每股均价2.8055港元增持343.3 万股，涉资约963.13万港元。 | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 費出或涉及的 每股的平均價 | | | | | 持有權益的股份數目 佔已發行的 有關事件的日期相 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 博 | 開困 | 股份數目 | | | ( 請參閱上述 * 註 | 有投票權股 (日 / 月 / 年) 核 | | | | | | | | | 份百分比 | | | | | | | | | ( % ) | | CS20250905E00271 | 易方达基金管理有限公司 | 1101(L) | | 3,433,000(L) | HKD 2.8055 | 144.692,000(L) | 12.10(L)02/09/2025 | 增持后，易方达基金管理有限公司最新持股数目为144,692,000股，持股比例由11.82%上升至12.1 ...

Core Viewpoint - The report highlights the strong growth of Haowei Group in the automotive and emerging markets, with a significant recovery in demand for simulation solutions, leading to a "buy" rating for the company [1][6]. Financial Performance - In the first half of 2025, Haowei Group achieved revenue of 13.956 billion yuan, a year-on-year increase of 15.42%, and a net profit attributable to shareholders of 2.028 billion yuan, up 48.34% year-on-year [2]. - For Q2 2025, the company reported a revenue of 7.484 billion yuan, reflecting a year-on-year growth of 16.07% and a quarter-on-quarter increase of 15.63% [2]. Investment Highlights - Q2 2025 revenue reached a historical high, driven by technological reforms and expansion in high-end application product lines, particularly in automotive intelligent driving and smart terminal imaging markets [3]. - The gross margin for Q2 2025 was 30.00%, a slight decrease of 0.24% year-on-year, while the net profit margin improved to 15.48%, an increase of 2.97% year-on-year [3]. - R&D investment in semiconductor design sales for H1 2025 was approximately 1.724 billion yuan, a year-on-year increase of 9.01% [3]. Market Growth - The automotive CIS (Camera Image Sensor) business saw revenue of approximately 3.789 billion yuan in H1 2025, a year-on-year increase of 30.04% [4]. - The emerging market CIS business achieved revenue of about 1.173 billion yuan, a remarkable year-on-year growth of 249.42% [4]. - The company launched new products in the smartphone CIS segment, including a 50-megapixel sensor, which is expected to enhance market share [4]. Simulation Solutions - Demand for simulation solutions has significantly rebounded, with H1 2025 revenue from this segment reaching 767 million yuan, a year-on-year increase of 20.88% [5]. - The automotive simulation IC segment generated revenue of 120 million yuan, accounting for 15.66% of the simulation solutions business, with a year-on-year growth of 45.51% [5]. Profit Forecast and Investment Recommendation - The company is projected to achieve revenues of 30.16 billion yuan, 35.21 billion yuan, and 40.36 billion yuan for the years 2025, 2026, and 2027, respectively [6]. - The forecasted net profits for the same years are 4.338 billion yuan, 5.400 billion yuan, and 6.623 billion yuan, with corresponding EPS of 3.60, 4.48, and 5.49 yuan [6].

智通财经APP获悉，香港联交所最新资料显示，9月2日，易方达基金管理有限公司增持中州证券 (01375)343.3万股，每股作价2.8055港元，总金额约为963.13万港元。增持后最新持股数目约为1.45亿 股，最新持股比例为12.1%。 ...

香港联交所最新资料显示，9月2日，易方达基金管理有限公司增持中州证券(01375)343.3万股，每股作 价2.8055港元，总金额约为963.13万港元。增持后最新持股数目约为1.45亿股，最新持股比例为12.1%。 ...

Group 1 - The company, Zhongyuan Securities, announced that it will hold a 2025 semi-annual performance briefing on September 12, 2025 [1]

Group 1 - The lithium battery sector has shown significant performance improvement, outperforming the CSI 300 index, with a projected revenue growth of 0.07% and a net profit decline of 30.19% in 2024, followed by a revenue increase of 13.78% and a net profit increase of 28.07% in the first half of 2025 [1] - The report maintains an "outperform the market" investment rating for the lithium battery sector, emphasizing the importance of industry policies, performance growth expectations, and valuation levels [1] - Key investment themes for the fourth quarter include focusing on leading companies in niche segments, companies with strong R&D investment and market share growth, and opportunities related to solid-state batteries [1] Group 2 - Global sales of new energy vehicles (NEVs) are expected to continue growing, with a 25.0% year-on-year increase in global NEV sales to 9.0143 million units in the first half of 2025, and a 38.14% increase in China to 8.1970 million units, accounting for 44.94% of total sales [2] - The macro policies in China are continuously encouraging the development of the NEV industry, and the rectification of internal competition is expected to facilitate orderly industry growth [2] - The NEV industry is transitioning to a strong product-driven model, with significant growth in exports and increasing penetration rates in niche segments, leading to a projected 14.43% year-on-year increase in NEV sales in China to 16 million units in 2025 [2] Group 3 - The performance of the lithium battery sector is expected to recover, with a 37.3% year-on-year increase in global power battery installations to 504.4 GWh in the first half of 2025, and a 57.5% increase in China's power battery and other battery production to 831.1 GWh [3] - The global shipment of energy storage lithium batteries is projected to reach 340 GWh in 2024, a 51.1% year-on-year increase, with China's share of global shipments rising to 98.53% [3] - Demand for consumer lithium batteries is expected to continue growing due to increased smartphone shipments, while the pricing dynamics within the supply chain show differentiation, with lithium carbonate prices under pressure but cobalt prices experiencing short-term rebounds due to external policy influences [3]

Central China Securities Co., Ltd. （2002年於中華人民共和國河南省成立的股份有限公司，中文公司名稱為「中原証券股份有限公司」， 在香港以「中州証券」名義開展業務） （股份代號：01375） 海外監管公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 本公告乃由中原證券股份有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站發佈之《中原證券股份有限公司關於召開 2025年半年度業績說明會的公告》，僅供參閱。 承董事會命 中原證券股份有限公司 董事長 張秋雲 中國，河南 2025年9月4日 於本公告日期，本公司董事為張秋雲女士、李文強先生、馮若凡先生、唐進先生及田聖春先 生，陳志勇先生*、曾崧先生*及賀俊先生*。 欢迎有意向参加本次说明会的投资者于 2025 年 9 月 5 日(星期五)至 9 月 11 日(星期四)16:00 前登录上证路演中心网站 ...