Guosen Securities(SZ:002736) Sou Hu Cai Jing·2025-12-29 17:40Core Viewpoint - Guosen Securities has received approval from the China Securities Regulatory Commission (CSRC) to publicly issue company bonds totaling up to 30 billion yuan to professional investors, with a validity period of 24 months for the issuance [3][5]. Trading Information - On December 29, Guosen Securities closed at 13.13 yuan, down 0.91%, with a turnover rate of 0.22%, a trading volume of 208,500 lots, and a transaction amount of 275 million yuan [1]. - The net outflow of main funds on the same day was 21.6976 million yuan, while retail investors saw a net inflow of 6.5486 million yuan [2][5]. Institutional Research Highlights - Guosen Securities is promoting a "full-account commission" investment advisory service and has launched new products such as "Stock Selection Treasure" and "Beixin Lingdong+" [5][6]. - The company has established a comprehensive wealth management system covering securities trading, product configuration, corporate services, and pension services under the brand "Leading 30" [6]. Company Announcements - The company has received approval to issue bonds and is expected to strictly adhere to the fundraising prospectus submitted to the Shenzhen Stock Exchange [3]. - The asset management subsidiary has commenced operations, focusing on enhancing active management scale and risk control, while expanding into areas such as convertible bonds, derivatives, and REITs [6]. - Guosen Securities has maintained a cash dividend payout ratio exceeding 40% for four consecutive years since 2021, ranking among the top in large listed brokerages, and plans to continue a consistent and reasonable dividend policy [6].