证券代码： 601375 证券简称： 中原证券 公告编号：2025-015 中原证券股份有限公司 第七届董事会第三十五次会议决议公告 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。 公司第七届董事会第三十五次会议于 2025 年 6 月 9 日以现场结合通讯表决 方式召开。2025 年 6 月 3 日，公司以电子邮件的形式向全体董事发出会议通知。 会议应出席董事 8 人，实际出席董事 8 人。本次会议的召集、召开及表决程序符 合《公司法》等法律、行政法规、部门规章和《公司章程》的有关规定。本次会 议由董事长张秋云女士主持，审议并通过了以下议案： 一、审议通过了《关于取消公司监事会的议案》 表决结果：同意 8 票，反对 0 票，弃权 0 票。 本议案事先经公司董事会发展战略委员会预审通过。 本议案需提交股东大会审议。 二、审议通过了《关于修订<公司章程>的议案》 表决结果：同意 8 票，反对 0 票，弃权 0 票。 本议案事先经公司董事会发展战略委员会预审通过。 具体内容请参阅与本公告同日披露 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年5月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中原证劵股份有限公司 (「本公司」) 呈交日期: 2025年6月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01375 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,195,365,000 | RMB | | 1 RMB | | 1,195,365,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 1,195,365,000 | RMB | | 1 RMB | | 1,195,365,000 | 備註： 第 1 頁 共 ...

Core Viewpoint - Zhongyuan Securities indicates that A-shares are expected to continue a structural market in June, driven by policy support and profit recovery [1] Economic Data - Economic data released in May exceeded expectations, with industrial output, consumption, and exports performing well, providing fundamental support for A-shares [1] Monetary Policy - Nine joint-stock banks have followed suit in lowering deposit rates, which may drive funds towards the equity market, bringing incremental capital to A-shares [1] - A series of financial policies have been released to signal stable growth and cost reduction, including a 0.5 percentage point cut in the reserve requirement ratio, a 0.1 percentage point reduction in policy interest rates, and a 0.25 percentage point decrease in structural monetary policy tools and personal provident fund loan rates, improving market liquidity [1] Investment Strategy - The current market is characterized by a rotation between growth and value stocks, suggesting investors focus on two main lines: 1. Sectors benefiting from domestic demand, such as computers, components, electronics, and communications [1] 2. Defensive sectors with low valuations and high dividends, including banks, coal, and oil and petrochemicals [1]

Group 1 - The core viewpoint of the article is that Zhongyuan Securities has conducted a continuous supervision training for the management of Liaoning He Shi Eye Hospital Group Co., Ltd. to enhance their understanding of regulations related to fundraising and compliance [1][2] - The training took place on May 22, 2025, and was held both in-person and online, focusing on the key points of the "Regulations on the Supervision of Fundraising by Listed Companies" and other new rules [1] - Participants included directors, supervisors, senior management, and securities affairs representatives, indicating a comprehensive approach to compliance training [1][2] Group 2 - The training was well-received, with active participation from He Shi Eye Hospital and its attendees, which suggests a positive engagement with the training content [2] - The training aimed to strengthen the understanding of legal regulations regarding the use of raised funds, thereby enhancing the legal awareness and compliance consciousness of the management [2] - This initiative is expected to further improve the operational standards of He Shi Eye Hospital, indicating a commitment to regulatory compliance and governance [2]

Core Viewpoint - The report highlights the strategic significance of the merger between Haiguang Information and Zhongke Shuguang, emphasizing its potential to reshape the domestic computing power industry amid increasing localization trends in chip production [2][3]. Company Overview - Zhongke Shuguang announced the planned merger with Haiguang Information, which is seen as a pivotal move for the computing power industry, especially in the context of U.S. export controls affecting several companies [2]. - The merger aims to facilitate a complete domestic replacement across the industry chain, enhancing integration and development opportunities [2][3]. Financial Insights - As of May 23, prior to the suspension of trading, Zhongke Shuguang held significant stakes in several listed companies, with a total market value of approximately 948 billion yuan from its holdings in Haiguang Information, Shuguang Shuchuang, and Zhongke Xingtong [3]. - The company has diverse business operations, including server hardware, cloud computing platforms, and big data services, which contribute to its overall market presence [3]. Market Dynamics - The computing power industry is shifting from a globalized model to a polarized one, with domestic companies facing challenges due to international restrictions on chip supplies [2]. - The upcoming launch of new products from Haiguang, including the Haiguang 5 CPU and Shenxuan 3 DCU, is expected to be a critical milestone for the company [4]. Performance Metrics - Despite a projected revenue decline of 8.40% in server-related business for 2024, the gross profit margin is expected to improve by 5.46 percentage points, indicating a focus on enhancing revenue quality [4]. - Comparatively, domestic competitors are experiencing significant margin compression, highlighting Zhongke Shuguang's relative strength in maintaining profitability [4]. Investment Outlook - The investment rating for Zhongke Shuguang remains "buy," with projected earnings per share (EPS) for 2025, 2026, and 2027 estimated at 1.68 yuan, 2.28 yuan, and 3.02 yuan respectively [5]. - The average target price set by institutions over the past 90 days is 78.47 yuan, with 14 out of 16 institutions recommending a buy [5].

据市场消息，中原证券原执行委员会委员、首席投资官刘灏已加入上海证券，拟担任副总裁，分管自营业务。 对此，有内部人士向南都·湾财社记者确认，上述传言属实。 此前，4月18日，中原证券发布公告称，刘灏因工作变动原因，辞去执行委员会委员、首席投资官职务。 根据简历，刘灏生于1972 年，自 1993 年 7 月参加工作，先后在深圳中华会计师事务所、光大证券有限责任公司、华泰联合证券有限公司工作；2011 年至 2018年 6 月在民生证券股份有限公司工作，先后担任投资银行总监、固定收益事业部总裁、公司执委会委员副总裁等职务。主要全面负责债券发行、债券交 易、固定收益投资以及债券委托管理等业务。 2018年6月，刘灏加入中原证券，2020年5月至2025年4月任公司首席投资官，2022年1月至2025年4月任中原证券执行委员会委员。 根据中原证券年报，2024年，刘灏在中原证券的薪酬为124.79万元。 业绩方面，中原证券年报显示，2024年公司营业收入约为16.90亿元，同比下降14.13%；归母净利润为2.46亿元，同比增长16.18%。截至2024年末的资产总 额约为516.14亿元，同比下降0.17%。 从业 ...

Group 1 - Tianqi Mould (002510) experienced a decline of 2.83% today, with a trading volume of 4.992 billion yuan and a turnover rate of 56.88% [1] - The post-market data shows that Zhongyuan Securities (601375) Guangzhou branch had a net sell of 233 million yuan, while two institutional special seats had a net buy of 57.2761 million yuan [1] - There is an influx of dark pool funds into these stocks, indicating potential interest from institutional investors [1]

Group 1 - The core viewpoint of the news is that Zhongyuan Securities is implementing comprehensive reforms and optimizing its market-oriented operational mechanisms under the leadership of the new Party Secretary and Chairman [1] - Zhongyuan Securities is focusing on deepening its presence in Henan province while expanding its wealth management business nationwide, aiming for full coverage in key cities and counties [1] - The company is enhancing its asset management capabilities by leveraging a "fixed income plus" strategy, improving research and marketing channels to offer diverse financial products to a broader client base [1] Group 2 - Kangmand Capital, established in July 2013, aims to build a comprehensive asset management company by gathering top talent from the financial industry [2] - The company has been recognized as one of the first private fund managers registered with the Asset Management Association of China and is committed to identifying investment opportunities for clients [2]

一、 募集资金基本情况 经中国证券监督管理委员会《关于同意无锡智能自控工程股份有限公司向特 定对象发行股票注册的批复》（证监许可20231779 号文）的同意，公司向 5 家 （名）特定投资者发行人民币普通股（A 股）股票 20,905,922 股，每股发行价格 为人民币 8.61 元，募集资金总额为人民币 179,999,988.42 元，根据有关规定扣除 发行费用 3,831,358.83 元后，实际募集资金金额为 176,168,629.59 元。该募集资 金已于 2023 年 8 月到账。上述资金到账情况业经容诚会计师事务所（特殊普通 合伙）容诚验字2023100Z0025 号《验资报告》验证。公司对募集资金采取了专 户存储管理。 二、 募集资金投资项目的基本情况 中原证券股份有限公司 关于无锡智能自控工程股份有限公司 部分募集资金投资项目延期的核査意见 中原证券股份有限公司（以下简称"中原证券"或"保荐机构"）作为无锡 智能自控工程股份有限公司（以下简称"智能自控"或"公司"）2023 年度以 简易程序向特定对象发行股票的保荐机构，根据《深圳证券交易所上市公司自律 监管指引第 1 号——主板上市公司 ...

瑞财经 王敏 5月初，中原证券党委书记、董事长张秋云一行到访河南种业集团，同河南种业集团党委书 记、董事长赵博，党委副书记、总经理刘旸进行业务访谈。 张秋云表示，种业是农业的"芯片"，是国家战略性基础核心产业，中原证券作为省属重点金融企业，应 积极发挥"河南资本市场战略性载体"功能作用和社会职能，期待与河南种业集团达成长期战略合作，推 进河南种业集团"产业+资本+科技"发展规划的有效落地，助力河南种业集团在资本赛道上腾飞。 据悉，这是张秋云上任中原证券董事长后的首次露面。 今年4月底，根据公司第七届董事会第三十四次会议决议，张秋云自2025年4月29日起任公司董事长，任 期至公司第七届董事会换届之日止。鲁智礼不再担任公司董事长，仍继续履行董事职责。 张秋云，女，1972年2月出生，复旦大学经济学博士，现任公司党委书记、董事。历任开封市第一中学 教师，河南省发展和改革委员会财政金融处副调研员、副处长，河南省宏观经济研究院党支部书记，中 国(河南)自由贸易试验区郑州片区管委会常务副主任，河南投资集团金融管理部主任，河南投资集团副 总经理。自2021年1月至2025年4月兼任中原银行董事。2020年6月至2021年 ...