中金公司 公告称，"25赣州建投MTN002"申购结束前一小时内出现投资人撤标， 国泰海通 证券 撤标规 模1000万元，申购价位3.10%，撤标时间17:57:51。 ...

国泰海通证券股份有限公司关于公司实际控制人之一致行动人权益变动的提示性公告 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601211 证券简称：国泰海通公告编号：2025-106 本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： 本次权益变动不属于增持或者减持，不触及要约收购。 本次权益变动不会使公司控股股东及实际控制人发生变化。 ■ 本次权益变动后，国际集团及其一致行动人仍将合计持有公司3,320,499,533股A股（约占公司股份总数 的18.84%）和276,000,000股H股（约占公司股份总数的1.57%），合计持股比例仍为20.40%，保持不 变。 ■ 二、本次权益变动所涉及的后续事项 上述股东权益变动事项，不会导致公司控股股东、实际控制人发生变化。 本次权益变动为公司实际控制人国际集团之一致行动人之间发生的股份无偿划转，不会使国际集团及其 一致行动人所持公司股份合计数量发生变化，不涉及股份增持或者减持，不触及要约收购，无需进行权 益变动报告书披露等后续工作。 本次权益变动为公司实际控 ...

Group 1 - The company has signed a sales agreement with Guotai Junan Securities Co., Ltd. to add this institution as a sales agency for its products starting from December 8, 2025 [1] - Investors will be able to open accounts, subscribe, redeem, invest regularly, and convert funds through the mentioned institutions from December 8, 2025 [2] Group 2 - Investors can enjoy fee discounts when subscribing or regularly investing in the funds through the sales agency, with the discount details determined by the sales agency [4] - The company does not set discount limits on subscription fees, regular investment fees, or conversion fees, and any changes to the sales agency's discount activities will be based on their announcements [4] Group 3 - Regular investment is a method of fund subscription where investors can set up automatic deductions for fund purchases through the sales agency [5] - Fund conversion allows holders to exchange their fund shares for other funds managed by the same fund manager, subject to the rules outlined in the fund contract and effective announcements [5] Group 4 - Investors are encouraged to read the fund contract, prospectus, and other legal documents for detailed information about the fund products [6] - For inquiries, investors can contact Guotai Junan Securities Co., Ltd. or Ping An Fund Management Co., Ltd. through the provided customer service numbers and websites [7]

Core Viewpoint - The appointment of Zhu Jian as the new chairman of the China Securities Association (CSA) is aimed at enhancing the quality and functionality of the securities industry, aligning it with national strategies [1] Group 1: Leadership Changes - Zhu Jian, chairman of Guotai Junan Securities, has been appointed as the new chairman of the CSA [1] Group 2: Strategic Focus - The CSA will focus on its core business, strengthen its functions, and improve its systems to promote high-quality development [1] - The association aims to effectively leverage the functions of the securities industry and enhance the investment and financing mechanisms [1] Group 3: Implementation and Guidance - The CSA will guide the implementation of the "14th Five-Year Plan" and direct the industry to integrate into national strategies [1]

Core Viewpoint - The chairman of Guotai Junan Securities, Zhu Jian, has been appointed as the new president of the China Securities Association, emphasizing a focus on risk prevention and strong regulation in the securities industry [1] Group 1: Leadership and Governance - Zhu Jian will lead the China Securities Association in aligning with the "14th Five-Year Plan" for the securities industry, focusing on top-level design [1] - The association aims to enhance governance rules through member collaboration, promoting a shared management system within the industry [1] Group 2: Risk Management and Professional Development - The new leadership will prioritize the prevention of systemic risks and the improvement of professional capabilities and core competencies within the industry [1]

Core Viewpoint - The 2025 Analyst Conference has commenced, signaling a potential bull market for A-shares as global capital is expected to flow into the market [1][5]. Group 1 - The 2025 Analyst Conference features over a hundred industry research leaders, public and private fund managers, and authoritative scholars gathering to explore investment truths that transcend market cycles [1][5]. - Lu Ying, Vice President of the Research and Institutional Business Committee at Guotai Junan Securities, attended the conference and served as an award presenter at the 7th Sina Finance Golden Unicorn Analyst Awards [1][5].

Core Viewpoint - The company, Guotai Junan Securities Co., Ltd., has announced the convening of its second extraordinary general meeting of shareholders for the year 2025, scheduled for December 29, 2025, at 14:00 in Shanghai [2][14]. Meeting Details - The meeting will be held at Room 405, No. 768 Nanjing West Road, Shanghai [2][13]. - Voting will be conducted through a combination of on-site and online methods using the Shanghai Stock Exchange's online voting system [2][3]. - The online voting will be available on the day of the meeting from 9:15 to 15:00, with specific trading time slots for the voting platform [3]. Voting Procedures - Shareholders can vote via the Shanghai Stock Exchange's online voting system or through designated trading terminals [6][7]. - The company will provide a reminder service for small and medium-sized investors to ensure they can participate in the voting process [7]. - Shareholders holding multiple accounts can aggregate their voting rights across all accounts [8]. Meeting Attendance - Shareholders registered by the close of trading on the registration date are entitled to attend the meeting [9]. - The meeting will also be open to the company's directors, senior management, and appointed lawyers [10]. - Registration for the meeting will take place from 13:00 to 14:00 on the day of the meeting [13]. Proxy Voting - Shareholders may appoint proxies to attend and vote on their behalf, with specific requirements for documentation [16][18]. - The proxy must present a valid identification and a written authorization from the shareholder [18].

智通财经APP获悉，国泰海通证券发布研究报告称，服务消费景气提升，科技硬件延续涨价。上周 (11.24-11.30)中观景气表现分化，值得关注：1)内需景气线索有所增多，冰雪出行和电影市场景气度显 著提升，或反映地产和耐用品消费收缩之余，"吃喝玩乐"相关的服务型和大众品消费复苏趋势持续显 现。2)新兴科技行业延续高景气，但短期AI泡沫叙事影响下，TMT硬件景气增长的持续性有赖于AI应 用取得积极进展。后续重点关注AI应用商业化进展。3)建工需求偏弱，内需资源品大多偏弱震荡，海外 降息预期再度升温，国际金属价格大幅上涨;受铁矿增产影响，干散运价格环比延续提升。 国泰海通主要观点如下： 下游消费：服务消费景气显著提升，地产耐用品仍承压。1)服务消费：国内冰雪游景气度显著提升，根 据同程旅行，广州-哈尔滨26年元旦机票均价较25年11月提升约56%，主因国内气温下降，居民冰雪消 费情绪提升;电影票房同/环比+326.7%/+355.7%，主因引进爆款新片上映拉动观影需求增长。2)地产：30 大中城市商品房成交面积同比-34.3%，其中一线/二线/三线城市商品房成交面积同 比-31.6%/-33.9%/-40.7%， ...

Core Viewpoint - The company is committed to enhancing its integrity culture and management system, which is essential for its high-quality development and integration since its merger and restructuring [1]. Group 1: Strengthening Party Leadership and Integrity Culture - The company’s party committee plays a crucial role in guiding and implementing strict party governance, focusing on integrating party work with integrity practices [2]. - Special actions have been initiated to address issues such as violations of central regulations, reinforcing a strong message of accountability [2]. - Educational programs have been established to promote integrity culture among all employees, including the revision of compliance manuals and annual signing of integrity commitments [2]. Group 2: Improving Internal Control Management - The company has developed a comprehensive integrity management system, incorporating integrity goals into its corporate governance framework [3]. - A leadership group for integrity management has been established, ensuring oversight across all levels of the organization [3]. - Regular self-assessments and risk evaluations are conducted to identify and mitigate integrity risks within various departments [3]. Group 3: Focusing on Key Areas for Enhanced Integrity Control - The company is implementing targeted measures to address integrity risks in investment banking, including stricter due diligence processes and project evaluations [4]. - A management system for employee investment behavior has been established, ensuring compliance through pre-approval and post-check mechanisms [4]. - Financial discipline is being enforced to control risks associated with expense reimbursements and procurement processes [4]. Group 4: Cultivating a Positive Integrity Culture - The company integrates the "Five Musts and Five Must Nots" of Chinese financial culture into its new cultural framework, embedding integrity as a core value [5]. - Continuous educational initiatives are being conducted to raise awareness and promote integrity among employees through various platforms [5]. - A youth-led integrity culture promotion team has been formed to enhance grassroots engagement and education on integrity practices [5].

Core Viewpoint - Multiple factors support the performance of Chinese equities, maintaining a tactical overweight view on A/H shares [1] Group 1: Market Conditions - Global risk appetite has significantly declined, leading to increased asset volatility and panic selling, which has greatly released micro trading risks [1] - The importance of economic growth at the start of the 14th Five-Year Plan is highlighted, with an approaching policy window period suggesting the market may establish new expectations [1] Group 2: Regulatory Environment - The regulatory authorities show strong determination and action plans to stabilize the capital market in the short term [1] Group 3: Valuation and Investment Outlook - Factors that previously caused valuation discounts in the stock market have been alleviated, with tail risks decreasing and the stabilization of RMB assets [1] - The Chinese capital market is in a cycle of valuation recovery and significant development, with potential for substantial upside [1] - Chinese equities offer a higher risk-return profile compared to other major asset classes [1]