登录新浪财经APP 搜索【信披】查看更多考评等级 上海同济科技实业股份有限公司（以下简称"同济科技"）近日发布新版公司章程，对公司组织架构、经 营宗旨、股权管理、治理机制等核心内容进行明确规范。公告显示，公司注册资本为人民币62476.1516 万元，系1993年以募集方式设立的上市公司，股票于1994年3月11日在上海证券交易所上市，证券代码 为600846。 公司定位与经营战略 新版章程明确公司经营宗旨为"紧跟国家战略步伐，依托同济大学的学科、人才和技术优势，打造城乡 建设与发展领域价值提升综合服务企业"。经营范围涵盖实业投资、教育产业投资及人才培训、房地产 投资与开发经营、投资咨询等领域，凸显其"产学研用"融合发展的特色定位。 作为同济大学控股的上市公司，公司发起人同济大学以原上海同济科技实业总公司净资产折股3708.57 万股，目前公司总股本为62476.1516万股，全部为普通股，股份由中国证券登记结算有限责任公司上海 分公司集中存管。 财务与信息披露规范 章程要求公司建立健全财务会计制度，年度报告需在会计年度结束后4个月内披露，中期报告在上半年 结束后2个月内披露。同时明确信息披露媒体为符合证监会 ...

Core Insights - The article discusses the importance of finding trustworthy financial advisors and highlights the prevalence of misleading financial advice in the market, particularly from social media influencers [2][3]. Group 1: Financial Advisory Services - Advisor.com offers a free service to help individuals find a financial advisor tailored to their needs, ensuring they receive trustworthy guidance [1]. - A 2024 survey by the Consumer Finance Institute revealed that 28.5% of individuals seeking financial advice turned to social media, indicating a significant reliance on potentially unreliable sources [2]. Group 2: Investment Strategies - Warren Buffett and Charlie Munger advocate for passive investing strategies, arguing that most investors struggle to outperform the market, making index funds a compelling choice [5][6]. - The S&P 500 has delivered an average annual return of over 10% since its inception, reinforcing the benefits of passive investment strategies [6]. Group 3: Alternative Investment Opportunities - Real estate investing is highlighted as a solid portfolio hedge, with platforms like Arrived allowing individuals to invest in rental properties without the responsibilities of property management [12][13]. - Fine art has been noted as an investment that consistently outperforms the stock market, with some contemporary art delivering an annual return of 11.5% from 1995 to 2023, compared to the S&P 500's 9.6% during the same period [16].

Core Insights - The global capital market is at a complex crossroads in 2025, presenting both opportunities and challenges for investors, prompting the launch of the intelligent investment advisory software "Decision Maker" by Guocheng Investment Consulting Co., Ltd. [1] Group 1: "Data-Driven" Foundation of "Decision Maker" - "Decision Maker" software is built on a robust data engine that utilizes advanced algorithms and cloud computing to monitor and respond to market dynamics efficiently [3][4] - The software provides comprehensive trading standards across various timeframes and market segments, helping investors develop their trading systems [3] Group 2: "Wisdom-Driven" Core of "Decision Maker" - The software transitions from a product-driven to a customer-centric model, integrating a full-service system that includes thousands of strategy reports tailored to different investor profiles [6] - It features personalized learning paths that adapt to user profiles, offering a tiered approach to education for both novice and experienced investors [6] Group 3: User Experience Focus - "Decision Maker" emphasizes user experience by simplifying complex operations into a linear process, making it accessible for new investors [8][9] - The software presents key data through visual charts and clear explanations, reducing the learning curve for users [9] Group 4: Future Outlook - The "Decision Maker" software embodies a "data-intelligence-driven" investment model, serving as a guide for new investors and a strategic partner for seasoned professionals [11] - The ultimate goal of technology in finance is to expand human cognitive boundaries, allowing for more strategic thinking and planning [11][12]

Core Insights - The investment education landscape is shifting from a focus on technical learning to a combination of conceptual guidance and technological assistance [1] - The "Da Dao Qi Xian San Da Zhan Fa" methodology, developed by seasoned investment advisor Yu Yang, integrates years of market experience with systematic investment principles [1][2] - This methodology emphasizes the importance of trend and structure integration, as well as risk management [1][2] Methodology Analysis - The core idea of "Da Dao Qi Xian San Da Zhan Fa" is to utilize seven different types of trend lines to capture signals of market cycle changes, supplemented by three multi-dimensional analysis methods [2] - This teaching content promotes multi-cycle overlapping analysis and insights into market logic through pattern changes [2] - Industry experts believe this approach broadens the perspective of stock learning and enhances investors' sensitivity to market trends and structured thinking abilities [2] Technological Empowerment - With the rise of AI investment advisory and big data analysis, stock learning methods are transitioning from traditional static experience sharing to dynamic, interactive technological models [3] - The integration of AI logic into the "Ang Yang" series content allows investors to have a more comprehensive analytical dimension when referencing market information [3] - This approach provides a scientific learning aid for beginners and helps experienced investors maintain methodological consistency in fluctuating market conditions [3] Investor Pathway - For novice investors, learning to trade stocks from scratch can be divided into three stages: first, mastering basic stock knowledge; second, understanding market structure through systematic teaching content; third, engaging in peer discussions to form a habit of continuous learning [4] - The "Da Dao Qi Xian San Da Zhan Fa" methodology effectively connects concepts to methods across these three stages, enhancing both skill development and investment philosophy shaping [4] Practical Application - While the "Da Dao Qi Xian San Da Zhan Fa" is a systematic analytical method, its application must be flexible and aligned with current market conditions and individual risk tolerance [5] - Investment philosophies and technical methods should not be mechanically applied but should evolve through continuous knowledge enhancement and market awareness [5]

多家机构屡遭新增客户暂停处罚后，首例投资咨询机构牌照撤销罚单落地。 11月14日，证监会发布行政处罚决定书，中方信富被处以300万元罚款，并处撤销证券投资咨询业务许可，时任中方信富法人、董事长张 松被给予警告，并处以60万元的罚款。 证监会明确指出，中方信富违法行为情节严重、性质恶劣。一是 未按照规定保存有关文件和资料的行为所涉客户数量大，相关行为曾被证 监会行政处罚 ；二是 中方信富在行政监管措施禁止展业期间私下开展业务、拓展客户 ；三是 向证券监管部门报送虚假报 告 。 今年以来，46家投资咨询机构收78张罚单，其中17家一度被暂停新增客户。中方信富遭撤销牌照并被罚款，其法人被追责，这是行业严监 管的集中体现。处罚升级打破机构侥幸心理，明确对屡教不改者将动用撤销牌照的"终极手段"，强化负责人追责逻辑。推动行业告别"擦边 球"获客，向规范化、专业化转型。 暂停业务期间新增客户、虚假陈述 自2018年以来，中方信富及旗下分支机构因违规已先后5次被监管部门责令暂停新增客户，违规问题覆盖合规管理、营销宣传、人员资质等 多个关键领域。 最近的一次是发生在2024年8月6日， 北京证监局披露罚单，中方信富被采取责令暂 ...

证监会表示，北京中方信富投资管理咨询有限公司(下称"中方信富")未按照规定保存有关文件和资料的行为所 涉客户数量大，相关行为曾被中国证监会行政处罚。中方信富在行政监管措施禁止展业期间私下开展业务、拓 展客户，且向证券监管部门报送虚假报告。上述违法行为情节严重、性质恶劣。 11月14日，证监会发布了一则行政处罚决定书。 2020年2月27日，北京证监局对中方信富出具《关于对北京中方信富投资管理咨询有限公司采取责令暂停新增 客户监管措施的决定》，责令中方信富全面整改，暂停新增客户六个月。2021年12月12日，中方信富向北京证 监局报送《关于整改期间是否新增客户的情况说明》，称在整改期间无新增客户。经查，中方信富存在暂停业 务期间新增223名新客户行为，与中方信富报送的情况说明内容不符。 中方信富报送的2021年12月、2022年12月的证券投资咨询机构监管报表中，中方信富2021年、2022年的"营业 收入-本年累计金额"和"净利润-本年累计金额"与公司经审计的审计报告对应科目数据不符。 2023年2月8日，中方信富向北京证监局报送的自查报告中，关于相关微信公众号的运营及公众号的文章撰写情 况存在虚假陈述。 中 ...

Core Points - The U.S. government shutdown has led to a significant data vacuum, affecting key economic indicators and complicating decision-making for investors and policymakers [1][4][5] - The Federal Reserve is facing challenges in assessing the economic situation due to the absence of critical employment data, with Chairman Powell likening the current decision-making environment to "driving in fog" [1][4] - There is an increased reliance on alternative data sources from the private sector to gauge economic conditions, although analysts caution against overinterpreting these data [1][6][8] Group 1: Impact of Government Shutdown - The current government shutdown has reached 35 days, matching the longest shutdown in U.S. history, resulting in the suspension of key data collection by agencies like the Census Bureau and BLS [4][5] - Important economic reports, including construction spending, factory orders, and retail sales, have been indefinitely delayed, complicating the assessment of the economic landscape [4][5] - The absence of government data has led to a reliance on various alternative indicators, such as credit card spending and restaurant reservations, to understand economic trends [1][4] Group 2: Alternative Data Sources - Private sector data sources are experiencing heightened demand, with inquiries related to data doubling for platforms like Indeed [6] - Organizations like the National Association of Realtors (NAR) are considering broader surveys to fill the gaps left by government data, potentially expanding their focus to include unemployment and wage data [7] - Despite the value of private data, experts warn that it cannot fully replace official statistics, as these private sources often lack comprehensive coverage and may lead to misinterpretations of economic conditions [8][9] Group 3: Challenges with Private Data - The reliability of private sector data is under scrutiny, as differing reports can present conflicting views on the labor market and economic health [9] - Economists emphasize that while private data can provide timely insights, they fundamentally rely on government data for accurate representation and weighting [8][9] - The risk of over-reliance on alternative data sources is highlighted, as they may not provide the necessary context for policymakers and could lead to erroneous conclusions [8][9]

随着美国政府追平其历史上持续时间最长的停摆纪录，从就业报告、工厂订单到贸易差额，一系列关键经济数据 的发布也陷入停滞。 鲍威尔表示，缺乏政府数据导致美联储无法对经济形势进行特别细致的分析。 大量官方数据的"停产"使得市场参与者与政策制定者面临前所未有的信息真空。上周（10月29日），美联储不得 不在缺乏关键就业数据的情况下召开利率决议会议。 美联储主席鲍威尔（JeromeH.Powell）在会后的发布会上直言，政府停摆导致关键数据缺失，这使美国联邦储备 公开市场委员会难以像往常那样精准感知经济状况。他将当前的决策处境比作"在浓雾中行车"，并暗示在此情况 下，美联储或需"减速"前行。 在这一信息断崖的背景下，投资者和政策制定者不得不转而依赖各类非官方调查，试图从中捕捉经济基本面的真 实动向。他们开始密切关注工资单数据、信用卡消费动态、餐厅预订情况、百老汇票房表现，甚至自由女神像的 游客数量等替代性指标。 然而，分析人士也同时警告，尽管一些来自私营部门的调查在当前环境中具备一定参考价值，却不应被过度解读 或赋予过高权重。 例如，全球投资咨询公司BCA研究银行信贷部门主管拉贝奇（JonathanLaberge）在4 ...

Core Viewpoint - Regulatory authorities are strictly punishing industry personnel for fabricating and disseminating false information, emphasizing a "zero tolerance" policy towards such violations [1][9] Group 1: Regulatory Actions - The Securities and Futures Commission (SFC) has issued a notice highlighting recent administrative measures against individuals and institutions involved in spreading false information [1] - The SFC has mandated that industry institutions strengthen personnel management and that employees adhere to professional standards to maintain the industry's image [1][9] - Specific cases of violations have led to administrative penalties, including corrective orders and warnings issued to responsible parties [3][5][8] Group 2: Case Studies - Case 1: A broker edited and forwarded false market information via social media, leading to significant negative impact and violations of multiple regulations [2][3] - Case 2: A securities analyst shared unverified rumors in a WeChat group, resulting in adverse effects and regulatory breaches [4][5] - Case 3: An investment consulting firm reposted unverified information on its official Weibo account, which also led to regulatory violations and misleading promotions [6][8] Group 3: Compliance and Industry Standards - The SFC has called for industry personnel to actively practice the "Five Musts and Five Must Nots" of Chinese financial culture, ensuring compliance with laws and regulations [9] - Institutions are urged to conduct self-assessments to identify and rectify similar issues, reinforcing compliance and internal control measures [9]

【导读】证监会从严惩处行业机构从业人员编造传播虚假信息，3 起典型案例被通报 监管部门从严惩处行业机构从业人员编造传播虚假信息。 中国基金报记者获悉，日前证券基金机构监管司下发最新一期监管情况通报。监管指出，近期，证监会 组织相关证监局对个别行业机构从业人员编造传播虚假信息进行查处，依法对相关机构和人员从严采取 了行政监管措施。 监管将有关情况予以通报，并指出行业机构及从业人员要引以为戒、举一反三。行业机构要依法加强人 员管理；从业人员要规范自身言行，恪守执业准则，自觉维护行业形象。 监管部门明确表态，将对通过"小作文"等方式扰乱资本市场信息传播秩序的违法违规行为坚持"零容 忍"，发现一起、严查重处一起，切实维护资本市场信息传播秩序。 案例一： 券商经纪人擅自编辑转发不实市场信息 第一个案例显示，某证券公司经纪人根据境外媒体报道和短视频消息，通过自媒体账号擅自编辑转发不 实市场信息，传播范围较大，造成了不良影响，违反了《证券基金经营机构董事、监事、高级管理人员 及从业人员监督管理办法》（以下简称《从业人员办法》）和《证券经纪人管理暂行规定》相关规定。 经查，该经纪人所在营业部对经纪人合规培训严重不足、从业人员 ...