香港交易及結算所有限本公司及香港聯合交易所有限本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。 （股份代號：01375） 海外監管公告 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第七屆董 事會第四十二次會議決議公告》，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 2026年1月20日 於本公告日期，本公司的董事為張秋雲女士、李文強先生、馮若凡先生、唐進先生、田聖春 先生及朱軍紅女士，陳志勇先生*、王輝先生*、王慧軒先生*及杜曉堂先生*。 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） * 本公司獨立非執行董事 一、审议通过了《关于 2026 年度风险偏好和风险容忍度的议案》 证券代码： 60 ...

中原证券股份有限公司 董事会风险控制委员会工作规程 第一章 总则 第一条 为完善中原证券股份有限公司(以下简称"公 司"）治理结构，加强风险管理，有效防范和化解风险，根 据《中华人民共和国公司法》《中华人民共和国证券法》《证 券公司监督管理条例》《证券公司治理准则》《上市公司独 立董事管理办法》《上海证券交易所股票上市规则》《香港 联合交易所有限公司证券上市规则》(以下简称"香港上市 规则")等相关法律法规、规范性文件及《中原证券股份有 限公司章程》（以下简称"公司章程"）,公司董事会设立 董事会风险控制委员会（以下简称"风险控制委员会"）， 并制定本工作规程。 第二条 风险控制委员会是董事会的专门工作机构，主 要对公司的总体风险管理进行监督，确保公司能够对与公司 经营活动相关联的各种风险实施有效的风险控制，向董事会 报告，对董事会负责。 第二章 人员组成 第三条 风险控制委员会由不少于三名董事组成。 第四条 风险控制委员会委员由董事长提名，董事会决 定。 第五条 风险控制委员会设召集人一名，负责主持委员 1 第六条 风险控制委员会任期与董事会任期一致，委员 任期届满，连选可以连任。期间如有委员不再担任公司董 ...

一、审议通过了《关于 2026 年度风险偏好和风险容忍度的议案》 证券代码： 601375 证券简称： 中原证券 公告编号：2026-003 中原证券股份有限公司 第七届董事会第四十二次会议决议公告 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四十二次会议于 2026 年 1 月 20 日以通讯表决方式召开。 2026 年 1 月 14 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 10 人，实际出席董事 10 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： 同意对公司原《董事会风险控制委员会工作制度》的修订，并更名为《董事 会风险控制委员会工作规程》。具体内容请参阅与本公告同日披露的《中原证券 股份有限公司董事会风险控制委员会工作规程》。 特此公告。 中原证券股份有限公司董事会 2026 年 1 月 21 日 表决结果：同意 10 票，反 ...

根据此前国家电网和南方电网公布的计划，2025年全年两大电网公司合计计划总投资将超8250亿元，主 要用于特高压交直流工程及骨干电网建设、超大特大城市城中村供电问题治理、电网数字化智能化升级 等方面。"十五五"期间，国家电网锚定国家自主贡献减排目标，助力初步建成新型能源体系，提升系统 调节能力，优化抽蓄站点布局，支持新型储能规模化发展，提高新能源运行支撑和并网消纳水平。本次 国家电网宣布的"十五五"投资规模较"十四五"投资规模显著提升，反映在清洁能源转型、保障国家能源 安全、建设新型电力系统背景下，我国电网建设进入加速期。 聚焦新型电力系统建设，行业结构性机会突出 结构层面来看，一方面，国家电网强调"主配微协同"、"新能源电力输送与消纳"、"探索末端保供型、 离网型微电网模式"、"夯实数智基础设施，实施"人工智能+"行动"，意味着投资增长集中于主干网升 级、配电网改造、数字化与智能化等领域。这对柔性直流、同步调相机等先进技术装备，智能开关、一 二次融合设备、智能电表，电网数智化(如数字孪生、智能传感)和系统调节能力建设(如储能、虚拟电 厂)相关软硬件形成中长期需求拉动。另一方面，国家电网公司强调关键核心技术攻 ...

Group 1 - The core point of the news is that southbound funds have increased their holdings in Zhongzhou Securities (01375.HK) by 2.866 million shares on January 19, 2026, marking a 0.41% increase in total holdings [1][2] - Over the past five trading days, southbound funds have increased their holdings on three occasions, with a cumulative net increase of 2.822 million shares [1] - In the last 20 trading days, there were 13 days of net reductions in holdings by southbound funds, totaling a decrease of 17.374 million shares [1] Group 2 - As of January 19, 2026, southbound funds hold a total of 701 million shares of Zhongzhou Securities, which represents 58.62% of the company's total issued ordinary shares [1][2] - Zhongzhou Securities operates in various segments including securities brokerage, proprietary trading, investment banking, credit services, investment management, and futures business [2]

Group 1 - On January 16, Zhongyuan Securities experienced a decline of 0.46% with a trading volume of 181 million yuan, and the net financing purchase amounted to 10.92 million yuan [1] - As of January 16, the total margin trading balance of Zhongyuan Securities reached 1.184 billion yuan, with the financing balance accounting for 7.89% of the circulating market value, indicating a high level compared to the past year [1] - In terms of securities lending, Zhongyuan Securities had a lending balance of 853,500 yuan, which is below the 10% percentile level over the past year, indicating a low level of short selling activity [1] Group 2 - Zhongyuan Securities, established on November 8, 2002, and listed on January 3, 2017, has its main business segments including securities brokerage (49.87%), credit business (24.04%), and investment management (11.96%) [2] - For the period from January to September 2025, Zhongyuan Securities reported a revenue of 1.439 billion yuan, reflecting a year-on-year growth of 11.38%, while the net profit attributable to shareholders reached 389 million yuan, marking a significant increase of 138.68% [2] - The company has distributed a total of 1.509 billion yuan in dividends since its A-share listing, with 241 million yuan distributed over the past three years [3] Group 3 - As of September 30, 2025, the number of shareholders in Zhongyuan Securities was 119,300, a decrease of 1.00% from the previous period, while the average circulating shares per person increased by 1.01% to 28,918 shares [2] - Among the top ten circulating shareholders, the Guotai Zhongzheng All-Index Securities Company ETF ranked as the fifth largest shareholder, increasing its holdings by 28.6494 million shares [3] - Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3]

Market Overview - The A-share market experienced a slight fluctuation and consolidation on Friday, January 16, with the Shanghai Composite Index facing resistance around 4140 points after an initial rise [1][2][4][6] - Industries such as consumer electronics, semiconductors, electronic components, and photovoltaic equipment performed well, while internet services, cultural media, energy metals, and mining sectors showed weaker performance [1][2][4][6] Future Market Outlook and Investment Recommendations - The average price-to-earnings ratios for the Shanghai Composite Index and the ChiNext Index are 16.88 times and 53.38 times, respectively, indicating they are above the median levels of the past three years, suggesting suitability for medium to long-term investment [2][6] - The total trading volume on Friday was 30,568 billion yuan, above the median of the past three years, indicating increased market activity [2][6] - The trend of residents moving deposits to equity markets is providing ample liquidity, while the attractiveness of RMB assets is enhancing market risk appetite [2][6] - A slight increase in the CPI year-on-year for December 2025 indicates marginal improvement in domestic demand [2][6] - The current market environment, characterized by effective volume expansion, positive policy expectations, and continuous industrial catalysts, suggests that the ongoing market rally may continue [2][6] - It is recommended to focus on both technological innovation and the recovery of traditional industries in investment strategies, with short-term attention on opportunities in consumer electronics, semiconductors, electronic components, and photovoltaic equipment [2][6]

Group 1 - Southbound funds increased their holdings in Zhongzhou Securities (01375.HK) by 341,000 shares on January 16 [1] - Over the past five trading days, southbound funds have increased their holdings for three days, with a total net increase of 4.795 million shares [1] - In the last 20 trading days, there were 14 days of net reductions in southbound fund holdings, totaling a decrease of 26.989 million shares [1] - Currently, southbound funds hold 698 million shares of Zhongzhou Securities, accounting for 58.38% of the company's issued ordinary shares [1] Group 2 - Zhongyuan Securities Co., Ltd. is a Chinese company engaged in securities brokerage business, operating eight divisions [2] - The securities brokerage division handles client transactions for stocks, funds, and bonds [2] - The proprietary business division focuses on equity and fixed income investments [2] - The investment banking division includes equity underwriting and sponsorship, as well as bond product underwriting [2] - The credit business division provides margin financing, repurchase agreements, and stock pledge services [2] - The investment management division encompasses asset management, private fund management, and alternative investment services [2] - The futures business division includes futures brokerage, trading consulting, and risk management services [2] - The company also operates an overseas business division and a headquarters and other business division [2]

Core Viewpoint - The company acknowledges that its stock price is influenced by multiple factors including macroeconomic policies, industry development, capital market environment, and investor expectations, leading to short-term volatility with uncertainty [1] Group 1: Company Strategy and Outlook - The company is committed to seizing development opportunities and challenges, aiming for steady growth in investor returns and long-term value enhancement [1] - The company plans to disclose its 2026 operational plan in the upcoming 2025 annual report [1]

Group 1 - The core point of the article is that E Fund Management Co., Ltd. has reduced its stake in Zhongzhou Securities (01375.HK) by selling 4.06 million shares at an average price of HKD 2.2682 per share, resulting in a total transaction value of approximately HKD 9.21 million [1] - After the reduction, E Fund's total shareholding in Zhongzhou Securities is now 141,209,000 shares, which represents a decrease in ownership percentage from 12.15% to 11.81% [1][3]