申万宏源证券固定收益外汇商品事业部（简称FICC事业部）把践行中国特色金融 文化与业务工作同谋划、同部署、同推进，形成具有FICC特色的生动实践。 场外期权出实招，为棉花产业链保"价"护航。2024年棉花行情走势复杂多变，传 统的期货和期权套保措施已无法适配这种极端行情变化，棉花产业链上的相关企业在 进行套保决策时举步维艰。部门客盘团队主动作为，走遍新疆地区，积极与当地相关 企业了解情况、沟通需求。为解决企业使用传统期权产品套期保值效果不佳的问题， 部门协同宏源恒利在普通累沽期权的基础上进一步设计出"累沽期权+敲出一次性浮动 赔付"的熔断累沽结构，并根据行情和棉花现货净敞口情况滚动交易，助力企业达到风 险管理目的。 推出"保险+期货+信贷"新模式，助力棉农稳产增收。牵头协同宏源期货、宏源恒 利等兄弟单位，与中华财险、大地财险、中国农业银行等机构合作，配合当地城农商 行为棉花种植合作社、轧花厂等中小微实体企业进行保供稳价宣讲培训，在新疆沙 湾、呼图壁、玛纳斯落地两单"保险+期货"项目，其中一单为"保险+期货+信贷"项 目。上述项目共服务新疆三地棉花种植农户，种植面积超过4000亩，实际投保面积约 2900亩，通 ...

Core Viewpoint - The development of a strong financial nation in China is deeply rooted in a distinctive financial culture that serves as both the spiritual core of the industry and the value foundation for financial services in the context of Chinese modernization [1] Group 1: Financial Culture and Development Strategy - The company emphasizes the integration of "义利相生" (mutual benefit) into its business strategy, aligning its operations with national strategic goals through targeted investments in technology, green finance, and digital finance [2] - The company has successfully launched the first national technology property ABS project, raising 266 million yuan for 32 high-tech enterprises, supporting 88 technology property transactions [2] - In green finance, the company issued an 800 million yuan green ABS, which is expected to reduce carbon emissions by 501.95 tons annually [2] Group 2: Compliance and Trust - The company prioritizes integrity as a foundational principle, embedding "守信如金" (trustworthiness) into governance, customer service, and operations, thereby establishing a trust-centered financial service system [4] - A customer suitability management system has been implemented to ensure objective investment advice and rigorous risk assessment for products, leading to a decrease in customer complaints and an increase in satisfaction [4][5] - The company has developed an intelligent management system that automates permissions and integrates risk monitoring, enhancing operational compliance and risk management [5] Group 3: Inclusive Finance and Smart Services - The company is committed to "金融为民" (finance for the people), enhancing financial accessibility through intelligent services and investor education [6] - The launch of the "智选ETF" service has increased ETF trading penetration from 3.5% to 4.2%, significantly lowering investment barriers for residents [6][7] - The company has also issued a 300 million yuan bond linked to low-carbon transition goals, supporting small and micro enterprises while achieving a record low interest rate for similar issuances in the region [7] Group 4: Risk Management - The company adopts a comprehensive risk management approach, emphasizing respect for market rules and legal compliance, with a focus on building a "全面、全程、全员" (comprehensive, full-process, and all-staff) risk management system [8] - The proprietary "星河" big data risk control platform enables real-time monitoring and management across all business lines, enhancing early identification and intervention in risk events [8] - The integration of risk control mechanisms into business processes through digital tools has improved risk response speed and efficiency [8] Group 5: Cultural Integration and Political Direction - The company integrates party leadership into its cultural and operational framework, ensuring alignment with political direction and public interests [9] - The company promotes a "党建+业务" (party building + business) model, leveraging the role of party members in key projects such as AI applications and digital transformation [9] - The commitment to a distinctive financial culture is seen as essential for high-quality development, with ongoing efforts to support technological independence, green transformation, and inclusive finance [9]

中国银行日前宣布，针对科技型企业的金融需求，将配置600亿元专项资金池，包括100亿元股权投资资 金和500亿元信贷资金，首期在北京、上海、江苏、深圳、杭州五地试点，培育不少于100家具有关键核 心技术的优质企业。 ...

中国银行日前宣布，针对科技型企业的金融需求，将配置600亿元专项资金池，包括100亿元股权投资资 金和500亿元信贷资金，首期在北京、上海、江苏、深圳、杭州五地试点，培育不少于100家具有关键核 心技术的优质企业。 中国银行的资金支持将覆盖股权、贷款、投行等一揽子金融服务，并适配企业的经营节奏，支持企业 从"小"到"大"全生命成长周期。 据了解，今年以来，包括工商银行、农业银行、建设银行等多家银行都推出了专门的金融服务方案，加 大对科技型企业的金融支持。 ...

Core Viewpoint - The event in Tangshan focused on financial support for the robotics industry, resulting in a total signing amount of 1.02 billion yuan [1] Group 1: Event Overview - The financial support event was held on December 11, organized by the People's Bank of China Tangshan Branch and the Tangshan High-tech Zone Management Committee [1] - The event featured 5 financial institutions signing agreements with 9 companies, with a total signing amount of 1.02 billion yuan [1] Group 2: Financial Policies and Support - The event aimed to explain technology finance policies, innovation bonds, and the "Five Major Articles" of financial enterprise connection policies [1] - It analyzed the current state of financial support for the robotics industry and promoted financing preferential policies and specialized credit products [1] Group 3: Industry Context - The Tangshan High-tech Zone currently hosts 246 robotics companies, facing opportunities for technological upgrades and scale expansion [1] - There is a need for strong support from financial capital and innovative resources to aid these companies [1] - The Tangshan High-tech Zone plans to enhance strategic cooperation between financial institutions and enterprises, providing quality financial products to address challenges and offer services [1]

辽宁股交中心相关负责人日前在接受中国证券报记者专访时表示，辽宁股交中心将持续聚焦以高新技术 和专精特新为代表的科创企业引入，不断完善综合服务体系，积极打造中小微企业孵化培育平台、投融 资对接平台和拟上市企业规范辅导平台，精准赋能科技型中小企业发展。 提高服务精准度 近年来，辽宁出台了《辽宁省金融支持科技型企业全生命周期发展若干举措》等一批政策文件，构建起 契合科技型企业全生命周期需求的多层次科技金融服务体系，一批优质企业快速成长、不断壮大。 丰富融资渠道 为更好地服务科技型中小企业，辽宁省地方金融管理局推出了"创投辽宁"股权投融资平台等一系列举 措。辽宁股交中心与辽宁金科公司不断完善平台功能，持续探索实践，丰富企业直接融资渠道。 "创投辽宁"股权投融资平台能实现企业融资需求一键发布、投资机构集中展示，项目筛选方便快捷，企 业评价准确可靠，核心信息安全可控，线上线下全面覆盖。 "我们通过创业投资项目库、专精特新专板、创投辽宁平台一体化服务，助力全省创投生态建设。"上述 负责人表示，截至2025年11月底，"创投辽宁"股权投融资平台累计发布企业融资项目580个，覆盖半导 体、人工智能、高端装备、新能源、生物医药等 ...

Core Insights - Liaoning Equity Exchange Center focuses on introducing high-tech and specialized innovative enterprises, aiming to enhance the development of technology-driven small and medium-sized enterprises (SMEs) through a comprehensive service system [1][2] Group 1: Service Precision - Liaoning has implemented policies to support the full lifecycle development of technology enterprises, establishing a multi-tiered financial service system tailored to their needs [2] - As of November 2025, 41% of the listed companies at the Liaoning Equity Exchange Center are high-tech, gazelle, and specialized innovative enterprises, with training covering over 95% of counties and more than 90% of listed companies [2] Group 2: Financing Channels - The "Chuangtou Liaoning" equity investment and financing platform has been launched to enhance direct financing channels for technology SMEs, facilitating project publication and investment institution display [4] - By November 2025, the platform has published 580 financing projects, aiding over 30 technology enterprises in securing 1.3 billion yuan in equity financing [4] Group 3: Comprehensive Development Empowerment - The Liaoning Equity Exchange Center has organized 30 investment roadshow events in 2023 to connect leading investment institutions with key projects in Liaoning [6] - The center is developing a five-part foundational service system that includes standardized services for enterprise cultivation, financing connections, listing guidance, registration, and self-regulation [6]

Group 1 - The core viewpoint of the articles highlights the role of Huaxia Bank Zhoushan Branch in supporting the green shipbuilding industry in Zhoushan, Zhejiang Province through technology-driven financial services [1][2] - Huaxia Bank Zhoushan Branch has provided a total of 400 million yuan in special credit guarantees to Changhong International Shipbuilding Co., Ltd., addressing the company's significant funding and settlement needs for industrial upgrades [1] - The bank has established a comprehensive service system tailored to the entire shipbuilding process, which includes increasing the guarantee limit dynamically as Changhong International's order scale expands and providing trade financing through international letters of credit [1] Group 2 - The delivery of a 11,500 TEU LNG dual-fuel container ship to Mediterranean Shipping Company on May 28, 2025, marks a significant achievement for Changhong International and represents a new milestone in Zhejiang's green shipbuilding capabilities [2] - The bank's leadership emphasizes the ongoing integration of technology finance and green finance, focusing on the high-end, intelligent, and green development of the marine industry chain to support the high-quality development of Zhejiang's marine economy [2]

"在客户服务中，以适当性管理守护投资者权益。"陈海东表示，公司运用"鑫财富"管理平台建立了有效 的客户适当性管理体系，确保每一笔投资建议客观审慎、每一个产品风险评级都经过严谨评估。通过全 流程诚信监督机制，华鑫证券客户投诉率持续下降，满意度稳步提升，市场信誉成为公司最珍贵的无形 资产。 在新时代金融强国建设的征程中，中国特色金融文化不仅是行业健康发展的精神内核，更是金融服务中 国式现代化的价值基石。华鑫证券总经理陈海东日前在接受中国证券报记者专访时表示，公司深刻把握 中国特色金融文化的内涵，强化党建引领，以"义利相生、守信如金、敬畏风险、金融为民"为核心，将 文化软实力转化为服务实体经济的硬核动力，通过科技赋能、业务创新与党建引领，构建具有华鑫特色 的高质量发展路径。 ● 本报记者徐昭林倩 坚守"义利相生"服务国家战略展现新作为 华鑫证券始终秉持"计利当计天下利"的格局，将服务国家战略作为业务发展的根本导向，在科技金融、 绿色金融、数字金融等领域精准布局，推动金融资源向关键领域汇聚。 据陈海东介绍，在科技金融领域，公司成功落地全国首单技术产权(技术交易)ABS项目，截至2025年9 月末，该项目已发行3期，累 ...

Core Viewpoint - The development of a distinctive financial culture in China is essential for the healthy growth of the financial industry and serves as a foundational value for modernizing financial services in a Chinese context [1]. Group 1: Financial Strategy and Innovation - The company emphasizes the principle of "benefit and righteousness coexist," aligning its business development with national strategies, particularly in technology finance, green finance, and digital finance [1]. - In technology finance, the company successfully launched the first national technology property ABS project, raising 266 million yuan for 32 high-tech enterprises, supporting 88 technology property projects and 21 technology transaction contracts [1]. - The company issued the first knowledge property ABS in Chongqing with a record low interest rate of 1.96%, significantly reducing financing costs for tech enterprises [2]. Group 2: Green Finance Initiatives - The company acted as the plan manager for a green ABS project worth 800 million yuan, covering solar power, waste treatment, and green transportation, which is expected to reduce CO2 emissions by 501.95 tons annually [2]. - The company also issued the first data asset ABS in the country, raising 13.37 million yuan for nine enterprises, marking a breakthrough in the capitalization of data assets [2]. Group 3: Compliance and Trust - The company integrates "integrity as gold" into its governance, customer service, and operations, establishing a trust-centered financial service system [2]. - A customer suitability management system was developed through the "Xin Wealth" platform, ensuring objective investment advice and rigorous risk assessments [2]. Group 4: Operational Management and Risk Control - The company implemented an intelligent management system that binds employee roles with responsibilities, enhancing permission management and risk monitoring [3]. - A comprehensive risk management system is in place, focusing on real-time monitoring and automated management of operations to ensure compliance and risk mitigation [5]. Group 5: Inclusive Finance and Investor Education - The company launched the "Smart ETF" service channel, increasing ETF trading penetration from 3.5% to 4.2% within a year, significantly lowering investment barriers [4]. - The company issued a 300 million yuan bond linked to low-carbon transformation, supporting small and micro enterprises while achieving a record low interest rate for similar issuances in the Northwest region [4]. - The company conducts over 100 public financial literacy events annually to enhance the financial knowledge of the general public [4]. Group 6: Cultural Integration and Future Directions - The company aims to deepen its cultural foundation, enhancing the political and public nature of financial services, and continues to explore ways to inject more financial vitality into the real economy [6].