"市场回暖，最近一位两融大客户找我们下调融资利率，最终定为低于年化3%。"一位券商分支机构负 责人透露，为了留住这位老客户，所给的融资利率比房贷利率还低，已经逼近该券商的资金成本。 数据显示，截至8月25日，沪深两市融资融券余额合计为21883.27亿元，时隔十年再创新高。投资者融 资需求攀升，但两融佣金和利率的价格战却愈演愈烈，不少券商人士向证券时报记者表示，一些头部券 商两融利率持续创行业新低，整体息差逼近盈亏平衡点。 对此，部分业内人士呼吁，券商两融业务不应只聚焦拼价格，而需重视提供差异化服务，适度"反内 卷"。 客户持截图"比价" "行业整体息差逼近盈亏平衡点，很多券商的两融利率已逼近资金成本，将进入'赔本赚吆喝'阶段。"一 位中型券商分公司总经理告诉证券时报记者。 记者注意到，近期在网络社交平台上，一些引流帖以投资者口吻宣称新开的百万元资金两融账户费率为 3.6%，或在评论区宣称两融融资利率"无门槛4%，大资金3.6%可谈、新客3.8%"，以吸引潜在客户。 据记者了解，当前券商两融业务的融资利率跌破4%并非普遍现象，但不少券商从业者表示，近期两融 业务价格战激烈程度显著上升。其中，个别头部券商因资金 ...

"市场回暖，最近一位两融大客户找我们下调融资利率，最终定为低于年化3%。"一位券商分支机构负 责人透露，为了留住这位老客户，所给的融资利率比房贷利率还低，已经逼近该券商的资金成本。 记者注意到，近期在网络社交平台上，一些引流帖以投资者口吻宣称新开的百万元资金两融账户费率为 3.6%，或在评论区宣称两融融资利率"无门槛4%，大资金3.6%可谈、新客3.8%"，以吸引潜在客户。 据记者了解，当前券商两融业务的融资利率跌破4%并非普遍现象，但不少券商从业者表示，近期两融 业务价格战激烈程度显著上升。其中，个别头部券商因资金成本较低，所提供的融资利率持续刷新行业 新低——对5000万元以上高净值客户给出的利率低于3%的，还有部分券商针对无资金门槛的普通客 户，也能提供开户即可享受的3.8%利率。 事实上，券商两融利率的定制方案较为复杂，且始终处于灵活调整状态，不仅不同券商会存在明显差 异，即便同一券商的不同营业部之间，利率水平也可能差距较大。此外，存量客户与新开户客户的两融 利率同样存在一定区别，例如券商为吸引新客户，通常会向新开户的两融投资者提供更低的利率。 "价格战已蔓延到各个层级的客户群体。有些净资产50万元的 ...

Core Viewpoint - Western Airlines, established in 2007, has grown from 1 aircraft and 4 routes to nearly 50 aircraft and an annual passenger transport volume exceeding 10 million, emphasizing high-quality development in China's civil aviation sector [1] Group 1: Party Building and Organizational Structure - Since joining the Liaoning Fangda Group in December 2021, Western Airlines has promoted a "Party Building as the Soul" corporate culture, establishing a four-pronged guiding mechanism focused on ideological construction, responsibility, innovation, and supervision [2] - The company has developed a party organization system with 3 secondary party committees and 38 party branches, ensuring coverage in all business areas, with 82% of grassroots organizations at the frontline [2] - In 2024, the company achieved a historical high by developing 84 new party members [2] Group 2: Safety Management - Safety is prioritized, with Western Airlines constructing a comprehensive safety management system, achieving over 1.43 million hours of safe flight [4] - The company has implemented a flight quality early warning mechanism and periodic hazard inspections, with no serious accidents reported [4] - In 2024, safety investments reached approximately 1.379 billion yuan, a 35.2% increase year-on-year [6] Group 3: Service Innovation - Western Airlines has maintained a differentiated operational model, focusing on a service philosophy of "flexible options and warm efficiency," expanding its service product line with offerings like "business class upgrades" and "pet travel assistance" [7] - The airline's crew is dedicated to providing heartfelt service, addressing passenger needs during delays and assisting special passengers [8] - The "Zichen" service demonstration team has received over 900 thank-you letters and numerous awards, exemplifying the company's commitment to service excellence [8] Group 4: Market Operations and Fleet Expansion - The airline operates primarily from Chongqing, with a hub-and-spoke model that includes Zhengzhou and Hefei, expanding its fleet and optimizing route structures [11] - In 2024, Western Airlines introduced 5 new aircraft, bringing the fleet size to 46 [11] - The airline has launched over 170 routes to nearly 60 major domestic cities, enhancing its service to high-altitude regions [13] Group 5: Social Responsibility and Environmental Initiatives - Western Airlines has paid 3.5 billion yuan in taxes and created nearly 3,000 jobs, actively engaging in social responsibility and environmental protection [14] - The company has reduced fuel consumption by over 38,800 tons and CO2 emissions by nearly 122,500 tons since 2024 [14] - The airline has participated in various community support initiatives, including disaster relief efforts in Tibet [14] Group 6: Strategic Vision - Western Airlines aims to align its operations with national interests, employee welfare, and passenger satisfaction, focusing on a collaborative development system integrating "Party Building, Safety, Service, Market, and Responsibility" [16]

Core Viewpoint - Shenzhen Futian Yinzuo Village Bank has announced a year-round, 365-day service starting June 16, 2025, which is a rare model in the banking industry, reflecting efforts to enhance customer experience and attract clients in a competitive market [1][2][4]. Group 1: Service Model - The bank will operate from Monday to Friday, 8:30 AM to 5:30 PM, and on weekends and public holidays from 9:00 AM to 4:00 PM [2][4]. - The year-round service model is uncommon in the banking sector, where typically, retail and corporate services have different operating hours, often with weekends off for corporate services [4][5]. Group 2: Employee Work Structure - Employees will have varied schedules, with some working administrative hours and others covering weekends [4]. - Despite the extended hours, bank employees often face additional work after closing, including meetings and report preparations, leading to longer actual working hours [5]. Group 3: Financial Performance - The controlling shareholder of Shenzhen Futian Yinzuo Village Bank is Taizhou Bank, which reported a slight increase in revenue to 12.714 billion yuan and a slight decrease in net profit to 4.78 billion yuan [6]. - Taizhou Bank's financial structure heavily relies on personal deposits, which constituted 77% of total deposits, indicating challenges in customer retention and loyalty [6]. Group 4: Industry Evolution - The banking industry is transitioning from traditional brick-and-mortar models to digital services, with a focus on mobile banking, as highlighted by Brett King's concept of banking as a service rather than a physical location [6][7]. - The shift in banking channels emphasizes the importance of online services, moving from physical branches to digital platforms [7].