长城证券：12月29日召开董事会会议

Group 1 - The core viewpoint of the article is that Changcheng Securities held a board meeting to discuss the revision of the decision-making plan, reflecting ongoing governance and strategic adjustments within the company [1] - For the first half of 2025, the revenue composition of Changcheng Securities is as follows: securities brokerage business accounted for 55.03%, wealth management business for 42.03%, investment banking business for 4.91%, asset management business for 1.19%, and other businesses had a negative contribution of -3.16% [1] - As of the report date, the market capitalization of Changcheng Securities is 41.6 billion yuan [1] Group 2 - The article also highlights a significant development in the Chinese semiconductor industry, mentioning the emergence of new chips that can support AI training and embodied intelligence, produced using mature processes of 28 nanometers and above [1]