Core Viewpoint - Jiangsu Guotai plans to invest a total of up to 138 billion yuan in "stock trading + wealth management," with a market capitalization of only 124 billion yuan [1][3]. Investment Plans - Jiangsu Guotai announced on August 22 that it intends to use no more than 120 billion yuan for entrusted wealth management and up to 18.3 billion yuan for securities investment, totaling over 138 billion yuan [1][3]. - The company aims to enhance the efficiency and effectiveness of idle funds while ensuring that daily operational needs are met [3][5]. - The planned securities investment includes a maximum of 18.306 billion yuan, of which 3.306 billion yuan has already been utilized [3][5]. Investment Methods - The investment methods include new stock placements or subscriptions, securities repurchases, and investments in stocks and depositary receipts, with the amount being reused within the authorization period [4]. Financial Performance - Jiangsu Guotai reported a revenue of approximately 185.97 billion yuan for the first half of 2025, a year-on-year increase of 5.48%, and a net profit of about 5.45 billion yuan, up 10.85% [6]. Project Termination - The company announced the termination of a project to build a 400,000-ton lithium-ion battery electrolyte production facility due to external conditions and industry changes, which will not significantly impact current operations or profits [7].

Core Viewpoint - The recent trend of listed companies in the A-share market engaging in stock trading is highlighted, with Jiangsu Guotai announcing significant plans for both investment and wealth management [1][2]. Investment Plans - Jiangsu Guotai plans to use up to 120 billion yuan for entrusted wealth management and up to 18.3 billion yuan for securities investment, totaling over 138 billion yuan [1][3]. - The company aims to enhance the efficiency and effectiveness of idle funds while ensuring normal business operations are not affected [3][4]. Financial Performance - As of August 22, Jiangsu Guotai's stock price was 7.6 yuan per share, with a total market capitalization of 124 billion yuan, reflecting a 4.4% increase in stock price since August [2]. - For the first half of the year, Jiangsu Guotai reported a revenue of approximately 185.97 billion yuan, a year-on-year increase of 5.48%, and a net profit of about 5.45 billion yuan, up 10.85% year-on-year [6][7]. Business Operations - The company's main business segments include supply chain services and chemical new energy, covering various industries such as textiles, chemicals, and electronics [7]. - Jiangsu Guotai has decided to terminate the investment in a lithium-ion battery electrolyte project due to overcapacity in the market and declining profitability, which will not significantly impact its normal operations or current profits [8].

Core Viewpoint - Jiangsu Guotai plans to invest no more than 1.83 billion yuan in securities, raising investor concerns about the lack of share buybacks and the timing of the investment plan [1][4]. Group 1: Securities Investment Plan - Jiangsu Guotai's board approved a plan to use idle funds of up to 1.83 billion yuan for securities investment, including new stock subscriptions, stock repurchases, and bond investments [4]. - The last securities investment plan was announced on August 25, 2023, with a total investment of no more than 1 billion yuan [4]. - The company has already invested 330.6 million yuan in securities [4]. Group 2: Entrusted Wealth Management - Jiangsu Guotai and its subsidiaries plan to use idle funds of up to 12 billion yuan for entrusted wealth management, with a rolling usage period of 12 months [6][7]. - This is the second time in 2024 that Jiangsu Guotai has announced a wealth management plan exceeding 10 billion yuan [7]. - The entrusted funds will be invested in low to medium-risk financial products, including structured deposits and government bond reverse repos [7]. Group 3: Financial Performance - Jiangsu Guotai's monetary fund balance has been declining, with 12.57 billion yuan as of June 2025, down from 14.73 billion yuan in December 2024 [8]. - The company's main businesses include supply chain services and chemical new energy [8]. - In the first half of 2025, Jiangsu Guotai reported a net profit attributable to shareholders of 545 million yuan, a year-on-year increase of 10.85% [8].

Core Viewpoint - Jiangsu Guotai announced plans to use idle self-owned funds of up to 1.83 billion yuan for securities investment and up to 12 billion yuan for entrusted wealth management, raising investor concerns about the lack of share buybacks and the timing of the investment plan [2][5][10]. Securities Investment Plan - On August 21, Jiangsu Guotai's board approved the use of idle self-owned funds not exceeding 1.83 billion yuan for securities investment, which includes new stock subscriptions, stock repurchases, and other investment activities recognized by the Shenzhen Stock Exchange [5][10]. - The last securities investment plan was issued on August 25, 2023, with a total investment amount not exceeding 1 billion yuan [7]. Entrusted Wealth Management - Jiangsu Guotai plans to use idle self-owned funds of up to 12 billion yuan for entrusted wealth management, with a rolling usage period of 12 months from the date of shareholder approval [14][16]. - This is the second time in 2024 that Jiangsu Guotai has announced a wealth management plan exceeding 10 billion yuan, with the previous plan approved on August 22, 2024, for 11.5 billion yuan [16]. Financial Performance - Jiangsu Guotai's monetary fund balance has shown a downward trend, with 12.57 billion yuan at the end of June 2025, down from 14.73 billion yuan at the end of December 2024 [16][17]. - For the first half of 2025, Jiangsu Guotai reported a net profit attributable to shareholders of 545 million yuan, a year-on-year increase of 10.85%, and a net profit of 524 million yuan after deducting non-recurring gains and losses, up 2.05% year-on-year [18][19].

Core Viewpoint - Jiangsu Guotai plans to invest no more than 1.83 billion yuan in securities, raising investor concerns about the lack of share buybacks and the timing of the investment plan [2][4][9]. Group 1: Securities Investment Plan - Jiangsu Guotai announced a plan to use idle funds of up to 1.83 billion yuan for securities investment, including new stock subscriptions, stock repurchases, and bond investments [9][14]. - The last time Jiangsu Guotai executed a share buyback was in May 2019, leading to questions from investors regarding the current investment strategy [4][8]. - As of August 22, the company's stock price was 7.60 yuan per share, with a total market capitalization of 12.37 billion yuan [6]. Group 2: Financial Performance - In the first half of 2025, Jiangsu Guotai reported a net profit attributable to shareholders of 545 million yuan, a year-on-year increase of 10.85%, while the net profit after deducting non-recurring gains was 524 million yuan, up 2.05% [25][26]. - The company's operating revenue for the current period was approximately 18.60 billion yuan, reflecting a growth of 5.48% compared to the previous year [26]. Group 3: Wealth Management Plans - Jiangsu Guotai and its subsidiaries plan to use idle funds of up to 12 billion yuan for entrusted wealth management, with a rolling usage period of 12 months from the date of shareholder approval [19][22]. - This marks the second time in 2024 that Jiangsu Guotai has announced a wealth management plan exceeding 10 billion yuan, with the previous plan approved in August 2024 for 11.5 billion yuan [22]. - The wealth management funds will be allocated to low-risk financial products, including structured deposits and government bond reverse repos, to enhance fund utilization efficiency [22].

Core Points - The company has approved a cash dividend distribution plan for the year 2024, proposing to distribute RMB 3.00 per 10 shares, totaling approximately RMB 32.97 million [3][4] - The company will use RMB 176.58 million of remaining raised funds to permanently supplement working capital, which accounts for 24.48% of the total raised funds [4][5] - The company has approved an increase in capital of RMB 20 million to its subsidiary, Dongguan Weikang Automotive Electronics Co., Ltd. [8] - The company has revised its articles of association and completed the necessary business registration changes [9] - The company has estimated that the total amount of daily related transactions with Dongguan Weifeng Interconnect Technology Co., Ltd. for 2025 will not exceed RMB 9.12 million [10] Financial Data - The company plans to distribute cash dividends based on a total share capital of 109,893,594 shares [3] - The cash dividend distribution for 2024 is expected to be completed by May 29, 2025 [4] - The company has adjusted the expected completion date for a project funded by raised funds from June 30, 2025, to September 30, 2025 [6] - The company has approved the use of up to RMB 700 million of idle self-owned funds for entrusted wealth management within a 12-month period [7]

Core Viewpoint - Jiangsu Guotai plans to utilize up to 120 billion RMB for entrusted wealth management and up to 18.3 billion RMB for securities investment, totaling over 138 billion RMB to enhance fund utilization efficiency and returns for the company and its shareholders [1][5]. Group 1: Investment Plans - Jiangsu Guotai intends to use idle self-owned funds for moderate securities investments, with a total of no more than 18.306 billion RMB allocated for this purpose [3]. - The company has already invested 3.306 billion RMB in securities and plans to establish a subsidiary with 15 billion RMB for securities investment activities [3]. - The entrusted wealth management will involve using up to 120 billion RMB, with each investment period not exceeding 36 months [5]. Group 2: Financial Performance - In the first half of 2025, Jiangsu Guotai reported a revenue of 18.597 billion RMB, a year-on-year increase of 5.48%, and a net profit attributable to shareholders of 5.45 billion RMB, up 10.85% [7]. - The company ended the period with a cash balance of 12.57 billion RMB, including 11.487 billion RMB in bank deposits [7]. Group 3: Project Termination - Jiangsu Guotai announced the termination of the investment in a 400,000-ton lithium-ion battery electrolyte project due to external conditions and industry environment changes [7][9]. - The decision was made after careful consideration of the market's overcapacity and declining profitability in the lithium battery materials sector [8][9].

第二章 委托理财操作规则 第五条 公司进行委托理财的，应当选择资信状况及财务状况良好、无不良 诚信记录及盈利能力强的合格专业理财机构作为受托方，并与受托方签订书面合 同，明确委托理财的金额、期限、投资品种、双方的权利义务及法律责任等。 公司委托理财是以提高资金使用效率、增加现金资产收益为原则，通过商业 银行理财、信托理财及其他理财工具进行运作和管理行为。在确保安全性、流动 性的基础上实现资金的保值增值。达到《公司章程》《投资管理制度》等相关规 定的金额标准的，应当经董事会审议通过，审计委员会、保荐机构或独立财务顾 问发表明确同意意见。 第六条 公司必须以公司名义设立委托理财账户，不得使用其他公司或个人 账户进行与理财业务相关的行为。 广博集团股份有限公司 委托理财管理制度 第一章 总 则 第一条 为规范广博集团股份有限公司（以下简称"公司"）的委托理财交 易行为，保证公司资金、财产安全，有效防范投资风险，维护股东和公司的合法 权益，根据中国证监会《上市公司信息披露管理办法》《深圳证券交易所股票上 市规则》（以下简称"《股票上市规则》"）及《广博集团股份有限公司章程》 （以下简称"《公司章程》"）等法律法规和相 ...

Group 1 - The company announced that its board approved the use of idle self-owned funds for entrusted wealth management up to 12 billion yuan, focusing on low-risk financial products with high liquidity [1] - The funds can be rolled over within a 12-month period from the date of shareholder meeting approval, ensuring that daily operational needs and fund safety are prioritized [1] - The company aims to enhance fund utilization efficiency and overall performance, ultimately benefiting shareholders through increased investment returns [1] Group 2 - The company announced the termination of the investment in a 400,000-ton lithium-ion battery electrolyte project due to external conditions and industry environment changes, with no significant adverse impact on normal operations or current profits [2] - The company reported a revenue of approximately 18.597 billion yuan for the first half of 2025, representing a year-on-year growth of 5.48%, and a net profit attributable to shareholders of approximately 545 million yuan, reflecting a year-on-year increase of 10.85% [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 公司代码：601579 公司简称：会稽山 第一节 重要提示 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到http://www.sse.com.cn网站仔细阅读半年度报告全文。 1.2本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、完整 性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 1.3公司全体董事出席董事会会议。 1.4本半年度报告未经审计。 1.5董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 第二节 公司基本情况 2.1公司简介 ■ □适用 √不适用 2.6在半年度报告批准报出日存续的债券情况 2.2主要财务数据 单位：元 币种：人民币 ■ 2.3前10名股东持股情况表 单位: 股 ■ 2.4截至报告期末的优先股股东总数、前10名优先股股东情况表 □适用 √不适用 2.5控股股东或实际控制人变更情况 □适用 √不适用 第三节 重要事项 公司应当根据重要性原则，说明报告期内公司经营情况的重大变化，以及报告期内发生的对公司 ...