香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，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分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 茲載列本公司在上海證券交易所網站刊登之《北京市金杜律師事務所關於華泰證券 股份有限公司2026年第一次臨時股東會之法律意見書》，僅供參閱。 釋義 於本公告，除文義另有所指外，下列詞彙具有以下涵義。 （於中華人民共和國註冊成立之股份有限公司， 中文公司名稱為華泰證券股份有限公司，在香港以HTSC名義開展業務） （股份代號：6886） 海外監管公告 本公告乃根據上市規則第13.10B條規則作出。 北京市金杜律师事务所 「本公司」 指 於中華人民共和國以華泰證券股份有限公司的公司名 稱註冊成立的股份有限公司，於2007年12月7日由前身 華泰證券有限責任公司改制而成，在香港以「HTSC」 名義開展業務，根據公司條例第16部以中文獲准名稱 「華泰六八八六股份有限公司」及英文公司名稱「Huatai Securities Co., Ltd.」註冊為註冊非香港公司，其H股於 2015年6月1日在香港聯合交易所有限公司主 ...

（於中華人民共和國註冊成立的股份有限公司， 中文公司名稱為華泰證券股份有限公司，在香港以HTSC名義開展業務） （股份代號：6886） 董事名單與其角色和職能 本公司董事會（「董事會」）成員載列如下： 非執行董事 丁鋒先生 于蘭英女士 柯翔先生 晉永甫先生 陳建偉先生 獨立非執行董事 王建文先生 王全勝先生 彭冰先生 王兵先生 老建榮先生 1 董事會下設五個委員會。下表提供各董事會成員所屬委員會中所擔任職務之信 息： 執行董事 王會清先生 （董事長） 周易先生 （首席執行官） 王瑩女士 | 委員會 | 發展戰略 | 合規與風險 | | | 薪酬與考核 | | --- | --- | --- | --- | --- | --- | | 董事 | 委員會 | 管理委員會 | 審計委員會 | 提名委員會 | 委員會 | | 王會清先生 | C | | | | | | 周易先生 | M | C | | | | | 王瑩女士 | | | | M | | | 丁鋒先生 | | | M | | | | 于蘭英女士 | M | | | | | | 柯翔先生 | | M | | | | | 晉永甫先生 | M | | | | ...

於臨時股東會提呈的決議案實行逐項投票表決。H股持有人有權親自或委派 代表出席臨時股東會投票。A股持有人有權親自或委派代表出席臨時股東會 並於會上投票或通過網絡投票。網絡投票可通過交易系統投票平台於2026年 1月23日的交易時段（即9時15分至9時25分、9時30分至11時30分、13時00 分至15時00分）及通過指定網站的互聯網投票平台於2026年1月23日的9時15 分至15時00分進行。臨時股東會的召集、程序及表決方式符合《中華人民共 和國公司法》等法律、法規及公司《章程》的有關規定。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，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分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司， 中文公司名稱為華泰證券股份有限公司，在香港以HTSC名義開展業務） （股份代號：6886） 2026年第一次臨時股東會之投票表決結果； 選舉第七屆董事會成員；第七屆董事會成員之角色分佈；及 選舉董事長及首席執行官 2026年第一次臨時股東會 茲提述本公司日期為2025年1 ...

Core Viewpoint - The company has announced an investment totaling 130 million yuan using idle self-owned funds in various financial products, which has been approved by the board of directors [1] Group 1: Investment Details - The company invested 60 million yuan in government bond reverse repurchase products from China Merchants Securities Co., Ltd. [1] - An additional 40 million yuan was allocated to purchase income certificates from Huatai Securities Co., Ltd. [1] - The company also invested 30 million yuan in pledged quote repurchase products from Guotai Junan Securities Co., Ltd. [1] Group 2: Financial Management - The total investment amounts to 130 million yuan, with all funds sourced from the company's own capital [1] - The investment terms range from January 23, 2026, to January 26, 2026, or until January 25, 2027 [1] - The board has approved a rolling usage limit of up to 500 million yuan for such investments, granting the chairman the authority to implement this [1]

Core Viewpoint - The AI Fund Huashan Dual-Core Driven Mixed A (006121) reported a profit of 4.6158 million yuan for Q4 2025, with a net asset value growth rate of 9.5% during the reporting period [2]. Fund Performance - As of January 22, the fund's unit net value was 2.31 yuan, with a one-year cumulative net value growth rate of 36.45%, ranking 339 out of 673 comparable funds [2][4]. - The fund's performance over different time frames includes a three-month growth rate of 9.37% (ranked 324/689) and a six-month growth rate of 26.17% (ranked 305/689) [4]. Investment Strategy - The fund manager indicated a strategy of reducing holdings in the already appreciated non-ferrous metals sector while increasing positions in select stocks within the chemical, travel, and consumer sectors [3]. - The fund continues to hold non-bank financials and shipbuilding sectors, which are viewed positively and not overvalued [3]. Fund Characteristics - The fund's average stock position over the past three years was 91.53%, significantly higher than the industry average of 84.04% [15]. - As of Q4 2025, the fund's total assets amounted to 50.8559 million yuan [17]. - The fund has a high concentration of holdings, with its top ten stocks including major companies such as China Pacific Insurance, China Life, and Midea Group [20]. Risk and Return Metrics - The fund's Sharpe ratio over the past three years was 0.7343, ranking 72 out of 383 comparable funds [10]. - The maximum drawdown over the past three years was 29.54%, with the largest single-quarter drawdown occurring in Q1 2021 at 27.58% [12].

Investment Rating - The report maintains a positive recommendation for the industry, indicating an upward trend in fundamentals despite short-term fluctuations in performance [4]. Core Insights - The non-bank sector's public active equity allocation ratio has increased quarter-on-quarter, with a reduction in underweight levels [2]. - The insurance sector has seen a significant increase in active equity holdings, with a quarter-on-quarter growth of 117% in A-share active equity public fund heavy positions [3]. - The brokerage sector's active equity holdings have also risen, with a quarter-on-quarter increase of 14% in A-share active equity public fund heavy positions [5]. - Multi-financial companies, particularly Jiufang Zhituo Holdings, have shown a notable increase in allocation ratios [6]. Summary by Sections Non-Bank Sector - The total heavy stock allocation in the non-bank financial sector reached 40.9 billion yuan, with a configuration ratio of 2.51%, up by 1.03 percentage points quarter-on-quarter, and an underweight ratio of 3.87%, narrowing by 0.92 percentage points [2]. Insurance Sector - The A-share active equity public fund heavy positions in the insurance sector reached 28 billion yuan, with a configuration ratio of 1.72%, up by 0.95 percentage points quarter-on-quarter. The underweight ratio is 0.74 percentage points, down by 0.63 percentage points [3]. - Key individual stock allocations include China Life at 0.08%, Ping An at 1.11%, and others, with varying degrees of over- and under-allocation [3]. Brokerage Sector - The A-share active equity public fund heavy positions in the brokerage sector reached 11.8 billion yuan, with a configuration ratio of 0.73%, up by 0.10 percentage points quarter-on-quarter, and an underweight ratio of 2.67 percentage points, narrowing by 0.29 percentage points [5]. - Major holdings include Huatai Securities and CITIC Securities, with slight increases in their respective ratios [5]. Multi-Financial Sector - Jiufang Zhituo Holdings has seen a significant increase in its allocation ratio, while other multi-financial companies are also recommended for their strong performance potential [6].

AI基金华安国企机遇混合A（018806）披露2025年四季报，第四季度基金利润88.15万元，加权平均基金份额本期利润0.1235元。报告期内，基金净值增长率 为8.88%，截至四季度末，基金规模为1067.76万元。 该基金属于偏股混合型基金。截至1月22日，单位净值为1.585元。基金经理是孙澍，目前管理的3只基金近一年均为正收益。其中，截至1月22日，华安国企 机遇混合A近一年复权单位净值增长率最高，达37.45%；华安双核驱动混合A最低，为36.45%。 基金管理人在四季报中表示，本基金在报告期内继续减持涨幅已经相对较大的有色金属板块，增持了部分化工、出行、消费行业的个股，继续持有非银和造 船等我们看好且估值没有被透支的板块。四季度在海外流动性宽松的预期下，有色金属出现了大幅的上涨，虽然上市公司的业绩在前三个季度有了大幅提 升，但是估值也已经上涨到了比较高的水平，至此我们前期看好该板块的逻辑和收益都已经兑现，再往后看价格的波动已经比较难以把握。 截至1月22日，华安国企机遇混合A近三个月复权单位净值增长率为9.06%，位于同类可比基金342/689；近半年复权单位净值增长率为26.26%，位于同类可 ...

1月23日，中国资管群星汇颁奖典礼暨私募基金高质量发展论坛在京召开，论坛由济安金信及华泰 证券共同举办，邀请在2025年表现优异的银行理财、商业银行、养老金管理人、私募基金等资管机构、 主流媒体行业精英共探发展趋势、分享前沿洞见，共建开放、协作、共赢的金融生态圈。 此次论坛上，重磅发布2025年养老金产品及管理人"群星汇"多项大奖榜单。本次颁奖盛典在予以表 彰优秀资管管理人的同时，全新增设私募基金评选赛道。 济安金信作为中国证监会备案、具备证券投资基金公开评级与评奖双资质的独立第三方机构，始终 秉持"公平、公正、公开"的原则，以科学、独创的评级体系助力行业生态建设，致力于"济安群星汇"资 管评奖，推动行业健康有序发展。 "济安群星汇"的奖项评选是济安金信以济安研究院五大研究中心为 载体，中国人民大学金融信息中心为学术指导单位，联合上海金融与发展实验室、龙马学院、中央财经 大学银行业研究中心等权威研究机构行业专家联手打造。 获得2025年度济安群星汇理财公司综合奖——群星奖的机构是：光大理财有限责任公司、信银理财 有限责任公司、招银理财有限责任公司、南银理财有限责任公司和华夏理财有限责任公司。 获得2025年度 ...

Core Viewpoint - The private equity industry in China is facing challenges such as the Matthew effect and information asymmetry, prompting the need for a comprehensive empowerment system to help quality private equity firms overcome initial disadvantages and achieve both scale and quality improvements [1][7]. Group 1: Industry Trends and Changes - By the end of 2025, the number of private equity managers with over 10 billion yuan in assets is expected to rise to 112, nearing the peak of the first quarter of 2022, while the number of small managers with 0-500 million yuan has decreased by nearly 2,000 compared to historical highs, indicating a significant trend of industry differentiation [1][7]. - The private equity sector still faces issues such as low market share compared to public funds and bank wealth management, irregular information disclosure, and a lack of evaluation systems, which are core bottlenecks hindering high-quality development [1][7]. Group 2: Empowerment Initiatives - Ji'an Jinxin has launched the "Private Equity Public Evaluation" system to standardize the evaluation of private equity funds, allowing them to be compared on the same level as public funds, thus enhancing transparency and helping investors identify quality products [3][9]. - The company has integrated resources with Huatai Securities to create a comprehensive support matrix for private equity managers, addressing challenges such as financing difficulties and slow development [4][10]. Group 3: Brand and Resource Integration - The "Media-in-Media" brand communication system developed by Ji'an Jinxin aims to enhance the brand recognition and market acceptance of private equity managers by leveraging influential media platforms and providing tailored content creation services [11]. - The multi-dimensional empowerment system not only focuses on individual managers but also aims to promote the overall standardization and competitive elimination within the private equity industry, encouraging funds to flow towards compliant and high-performing managers [5][12].

Group 1 - The Shanghai Financial Regulatory Bureau has issued an action plan to support the development of customized family trusts, family service trusts, and insurance trusts as part of enhancing the pension financial system [1][7] - The action plan includes 20 measures focusing on building a multi-level pension security system, strengthening support for the pension industry, and meeting the financial needs of the elderly [1][8] - Trust companies are encouraged to integrate diversified family assets to meet the comprehensive pension needs of the elderly and explore new types of pension service trusts and special needs service trusts [1][8] Group 2 - Several trust companies have recently launched their first special needs trust projects, including a real estate special needs trust for families with autism and a trust focused on long-term care for special needs individuals [2][9] - Special needs trusts typically do not have a set minimum investment amount, allowing trust companies to establish flexible entry points, commonly starting around 300,000 yuan [3][10] - Trust companies are advised to collaborate with care institutions to facilitate direct payment of service fees from the trust, enhancing convenience for clients [3][10]