巴菲特连续第三年抛售股票，这位伯克希尔哈撒韦(BRK.A.N、BRK.B.N)的首席执行官正步入他在这家 庞大集团任期的最后阶段——一个由他亲手打造并经营逾六十年的商业帝国。 伯克希尔·哈撒韦于当地时间周六披露，截至9月30日的三个月内，公司再次出售了61亿美元的普通股。 随着多个行业股价大幅上涨，巴菲特似乎发现卖出股票的机会多于买入。在过去三年中，伯克希尔累计 出售了约1840亿美元的股票。 该集团的现金储备继续攀升并创下纪录，达到3820亿美元，这些资金来自涵盖保险、制造、公共事业及 北美最大铁路之一的多元业务。不过，这一数字尚未包括短期美国国债投资的应付费用，伯克希尔指出 本季度约为230亿美元。 伯克希尔已连续五个季度未进行任何股票回购，巴菲特选择继续观望。 自95岁的巴菲特宣布将在今年年底卸任首席执行官后，公司股价表现落后于标普500指数。明年1月，将 由现年62岁的加拿大籍高管格雷格·阿贝尔（Greg Abel）接任CEO，他此前负责伯克希尔的非保险业 务。 自巴菲特5月在奥马哈年度股东大会上宣布即将卸任以来，投资者一直密切关注接班进展。在此期间， 伯克希尔A类高投票权股票下跌约12%，而标普50 ...

Core Points - The second extraordinary general meeting of Guosen Securities Co., Ltd. was held on September 15, 2025, focusing on several important proposals including amendments to the company’s articles of association, personnel elections, and institutional adjustments [1] Group 1: Amendments and Major Acquisition Plans - Guosen Securities plans to comprehensively amend its articles of association and rename its shareholder meeting rules to align with new legal regulations and operational needs [2] - The company intends to acquire a total of 96.08% of Wanhe Securities Co., Ltd. by issuing A-shares at a price of 8.25 yuan per share, resulting in the issuance of 629,313,683 shares and a change in registered capital to 10,241,743,060 yuan [2] Group 2: Supervisory Board and Independent Director Election - The company plans to abolish its supervisory board and related systems in accordance with the Company Law and the revised guidelines from the China Securities Regulatory Commission [3] - Zhang Shouwen has been nominated as an independent director candidate, bringing extensive professional experience, including his current role as a professor at Peking University [3] Group 3: Institutional Revisions to Enhance Governance - Multiple company systems were revised, including those related to related party transactions, auditor selection, independent director work rules, and internal auditing, aimed at improving operational management and risk control [4] - The revisions are designed to comply with new legal requirements and enhance the company's governance structure, thereby increasing core competitiveness and sustainable development capabilities [4]