Core Viewpoint - The Shenzhen Stock Exchange announced revisions to the ChiNext Composite Index, introducing monthly removal mechanisms for risk-warning stocks and ESG negative-rated stocks, effective from July 25, 2025 [1][4]. Group 1: Index Revisions - The ChiNext Composite Index will implement a monthly removal mechanism for stocks under risk warning (ST or *ST) and will exclude stocks rated C or below in ESG assessments [4]. - The revisions aim to enhance the index's stability and promote responsible investment by filtering out high-risk and low-governance companies [4][7]. Group 2: Fund Company Responses - Following the announcement, seven fund companies quickly submitted applications for ChiNext-related ETFs, including Penghua Fund, Yinhua Fund, and Bosera Fund for standard ETFs, and Jianxin Fund, Huabao Fund, and others for enhanced ETFs [1][3]. - Fund managers believe that the revised index will attract long-term capital inflows and provide a more transparent investment tool for innovative sectors [4][6]. Group 3: Index Characteristics and Market Impact - As of July 11, 2025, the ChiNext Composite Index will consist of 1,316 stocks, covering 95% of listed companies on the ChiNext, with a total market capitalization coverage of 98% [5]. - The index is seen as a crucial investment vehicle for capturing growth in sectors like renewable energy, biomedicine, and electronic information technology, reflecting the overall market trends [5][6]. - The ChiNext Composite Index has outperformed the ChiNext Index over the past decade, with an annualized return approximately 2% higher [6]. Group 4: Future Developments - The Shenzhen Stock Exchange plans to continue enhancing the "Chuang Series" indices and related products, focusing on serving national strategic priorities and improving the quality of investment options available [9].

厦门建发股份有限公司 董事、高级管理人员对持有股份比例、持有期限、变动方式、变动数量、变动价格 等作出承诺的，应当严格履行所作出的承诺。 第二章 交易禁止与限制 第五条 公司董事、高级管理人员所持本公司股份在下列情形下不得转让： （一）董事、高级管理人员离职后半年内； 董事、高级管理人员所持公司股份及其变动管理制 度 第一章 总则 第一条 为加强厦门建发股份有限公司（以下简称"公司"）董事、高级管理 人员持有公司股份及其变动的管理，根据《中华人民共和国公司法》(以下简称"《公 司法》")、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公 司董事高级管理人员所持本公司股份及其变动管理规则》《上海证券交易所上市公 司自律监管指引第 8 号——股份变动管理》《上海证券交易所上市公司自律监管指 引第 15 号——股东及董事、高级管理人员减持股份》等法律、法规、规范性文件 以及《公司章程》的有关规定,结合公司的实际情况,特制定本制度。 第二条 本制度适用于公司董事、高级管理人员所持本公司股份及其变动的管理。 第三条 公司董事、高级管理人员所持本公司股份，是指登记在其名下的所有本公 司股份；从事融资融券交易的 ...

Core Viewpoint - The article outlines the investor relations management system of Xiamen C&D Inc., emphasizing the importance of communication between the company and its investors to enhance corporate governance and protect investor interests [1][2]. Group 1: Principles of Investor Relations Management - Compliance Principle: The company must conduct investor relations management in accordance with legal and regulatory requirements [2]. - Equality Principle: All investors, especially retail investors, should be treated equally and provided with opportunities to participate [2]. - Proactive Principle: The company should actively engage in investor relations activities and respond to investor feedback [2]. - Honesty and Integrity Principle: The company must maintain integrity and responsibility in its investor relations activities [2]. Group 2: Content and Methods of Investor Relations Management - Communication Content: The company should communicate various aspects, including risks and challenges it may face [4]. - Multi-channel Approach: The company should utilize various channels such as its website, phone, and email to facilitate communication with investors [4][5]. - Investor Relations Section: The company must maintain a dedicated section on its website for investor relations, providing timely updates [3][4]. Group 3: Responsibilities and Organization - Investor Relations Management: The board secretary is responsible for investor relations, supported by the securities department [7]. - Responsibilities: Key responsibilities include drafting management policies, organizing communication activities, and handling investor inquiries [7][8]. - Support for Investor Rights: The company must support investors in exercising their rights and cooperate with investor protection organizations [6][8]. Group 4: Conduct and Compliance - Prohibited Conduct: The company and its personnel must avoid disclosing undisclosed significant information or misleading information during investor relations activities [8]. - Employee Qualifications: Employees involved in investor relations should possess good character, professional knowledge, and communication skills [8][9]. - Record Keeping: The company must maintain detailed records of investor relations activities for at least three years [9].

证券代码：600180 证券简称：瑞茂通 公告编号：2025-041 债券代码：255290.SH 债券简称：24 瑞茂 01 债券代码：255553.SH 债券简称：24 瑞茂 02 （一）业绩预告期间 （二）业绩预告情况 利润为5,000万元人民币至7,250万元人民币，与上年同期相比，将减少 润为4,500万元人民币至6,750万元人民币，与上年同期相比，将减少12,413.94 万元人民币至14,663.94万元人民币，同比减少64.78%至76.52%。 二、上年同期经营业绩和财务状况 瑞茂通供应链管理股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●业绩预告的具体适用情形：实现盈利，且净利润与上年同期相比下降50% 以上。 ●业绩预告相关的主要财务数据情况：经财务部门初步测算，瑞茂通供应 链管理股份有限公司（以下简称"公司"）预计2025年半年度实现归属于母公 司所有者的净利润为5,000万元人民币至7,250万元人民币，同比减少55.05%至 利润为4,500万元人民币至6,750万 ...

Core Viewpoint - The article discusses the evolving role of Chinese enterprises in the global economy, emphasizing their transition from being low-cost manufacturers to becoming global corporate citizens, particularly in the context of the 16th New Champions Annual Meeting held in Tianjin. Group 1: Resilience and Confidence of Chinese Enterprises - Chinese enterprises are rebuilding confidence and direction despite complex international situations, with a significant portion of multinational companies' business still concentrated in China due to its unique advantages in supply chains and manufacturing capabilities [2][3]. - The current state of the Chinese economy is characterized as stable and moderate, with companies focusing on certainty and long-term strategies after experiencing multiple shocks [3]. Group 2: Globalization 3.0 Era - Chinese enterprises are transitioning from globalization 1.0, which relied on low-cost manufacturing, to 2.0, focusing on cross-border mergers and acquisitions to enhance competitiveness [6]. - The anticipated globalization 3.0 phase will require Chinese enterprises to establish sustainable global identities, build trust, and communicate effectively across cultures, moving from merely exporting products to sharing knowledge and innovation [6][7]. Group 3: Key Issues in Global Healthcare - Discussions at the forum highlighted three critical areas for global health systems: enhancing cross-border collaboration amidst supply chain vulnerabilities, leveraging AI for healthcare equity, and building resilient healthcare systems to address climate risks [8]. Group 4: Role in Global Energy Transition - Chinese enterprises are evolving from being equipment exporters to multi-dimensional players in the renewable energy sector, actively participating in global markets and forming partnerships to promote Chinese technology and best practices [9][10]. - The shift from merely selling products to building systems allows Chinese companies to gain more influence in the global energy transition [10]. Group 5: Rise of New Productive Forces - China has established a leading position in several high-potential industries, including electric vehicles, batteries, robotics, and generative AI, supported by a complete supply chain and ecosystem [11]. - Generative AI is becoming a core topic in corporate governance discussions, indicating its strategic importance for driving future productivity [11]. Group 6: Conclusion on Globalization Evolution - Chinese enterprises are at a pivotal point, transitioning from participants to co-builders in globalization, necessitating upgrades in organization, strategy, technology, and culture to achieve value reconstruction [12].

当两家金融机构发生金融纠纷，有意愿调解但又因缺乏明确的内部决策依据而陷入困境时，如何打破僵局？如何为双方找到公正、高效的解决方案？ 《国际金融报》记者获悉，近日，上海市浦东新区人民法院（下称"浦东新区人民法院"）首次运用"金融纠纷调解评估建议机制"成功化解一起金融纠 纷，该机制通过指导专业调解组织开展纠纷中立评估，出具调解建议函，有效推动纠纷高效化解，也为金融行业的多元解纷模式开辟了新路径。 标的额近5000万案件调解陷僵局 这起案件中，某银行将一笔不良债权转让给某资产管理公司，后双方因该不良债权转让价款支付问题产生纠纷，资产管理公司遂将银行诉至人民法院， 要求退还部分价款。案件标的额近5000万元。 在先行调解阶段，双方鉴于此前的良好合作关系，都表示愿意接受调解，但因缺乏专业支持，无法提出具体调解方案。 双方还反映，金融机构内部对纠纷调解、权益让渡设置了较为严格的程序，特别是涉及大标的额时，以往"中立评估"机制中以评估员个人名义出具的中 立评估意见难以成为各自单位内部决策依据，调解因此陷入僵局。 "在这个机制下，对适宜通过评估建议方式化解的金融纠纷，人民法院将安排调解指导法官提供人民法院案例库案例、法答网类 ...

特朗普升级贸易威胁，暗示对大多数贸易伙伴征收更高关税，引发全球市场剧烈反应。股指期货回落，美元走强，投资者对关税政策不确定性的 担忧重新抬头。 周五，欧洲斯托克50指数开盘跌0.4%，加元走弱。美元指数上涨0.2%，日元下跌，成为G10货币中表现最差的货币。比特币延续创纪录涨势，突 破11.8万美元。 据央视新闻报道，当地时间7月10日，美国总统特朗普宣布，将自8月1日起，对自加拿大进口的商品征收35%关税。报道称，特朗普还表示，他计 划对多数贸易伙伴征收15%或20%的统一关税。 欧洲斯托克50指数开盘跌0.4%，德国DAX指数跌0.5%，英国富时100指数平开，法国CAC 40指数跌0.3%。 日经225指数收盘跌0.2%，报39569.68点。日本东证指数收盘涨0.4%，报2823.24点。韩国首尔综指收盘跌0.2%，报3175.77点。 越南VN指数涨近2%，报道称越南对特朗普20%的关税感到惊讶，寻求更低的关税。 10 年期美国国债收益率上涨 1 个基点至 4.36%。 日本 10 年期国债收益率变化不大，为 1.495%。 美元现货指数上涨 0.2%。欧元兑美元下跌 0.2% 至 1.1681 美 ...

Core Viewpoint - M&G Investments and Guotai Junan Securities have signed a strategic cooperation memorandum to expand channels for Chinese investors to participate in global markets, combining M&G's global expertise with Guotai Junan's local market leadership [1][2]. Group 1: Strategic Cooperation - The cooperation will focus on four key areas: information sharing, asset management development, client engagement, and investment market promotion, laying a solid foundation for future collaboration in investment research, product innovation, and global distribution [2]. - M&G aims to leverage Guotai Junan's market position to reach a broader local investor base, while Guotai Junan seeks to enhance its global investment management capabilities through M&G's expertise [2][3]. Group 2: Market Context and Growth Potential - The partnership comes at a critical time for China's asset management industry, which is undergoing regulatory reforms and increasing demand for international asset allocation due to global market volatility and geopolitical changes [1]. - The Chinese asset management industry is projected to reach $40.4 trillion by 2030, highlighting significant growth opportunities [1]. Group 3: Product Development and Future Plans - Both companies are jointly developing a brand-focused fixed income investment solution targeting the Asian market, set to launch in the coming months [2]. - They are also exploring other collaborative projects, including QDII-compliant products and investment consulting mechanisms, to maximize their strengths in global investment management and local market knowledge [2]. Group 4: Leadership Statements - M&G's CEO emphasized the long-term commitment to the Asian market, particularly China, and the opportunity to provide quality investment solutions for Chinese investors [3]. - Guotai Junan's representative highlighted the synergy between their deep understanding of the Chinese market and M&G's global investment expertise, aiming to offer diversified overseas investment solutions [3].

经营范围含许可项目：餐饮服务；酒类经营；演出经纪；营业性演出；演出场所经营；旅游业务；住宿 服务。（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以相关部门批准文 件或许可证件为准）企业总部管理；园区管理服务；露营地服务；租赁服务（不含许可类租赁服务）； 生产线管理服务；智能农业管理；品牌管理；食用农产品初加工；食用农产品零售；食用农产品批发； 食品销售（仅销售预包装食品）；剧本娱乐活动；互联网销售（除销售需要许可的商品）；互联网数据 服务；大数据服务；餐饮管理；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；文 化场馆管理服务；会议及展览服务；项目策划与公关服务；市场营销策划。（除依法须经批准的项目 外，凭营业执照依法自主开展经营活动） 企业名称中卫市瀚辰沙漠文旅有限公司法定代表人马责钊注册资本5000万人民币国标行业水利、环境和 公共设施管理业>公共设施管理业>市政设施管理地址宁夏回族自治区中卫市沙坡头区平安西路北侧宁 夏大学中卫校区2＃国际交流中心101中关村科技产业园B座202东室企业类型有限责任公司(国有独资)营 业期限2025-7-10至无固定期限登记机关中卫市市场 ...

法国巴黎银行集团又纳入新成员。 日前，法国巴黎银行集团旗下法国巴黎保险对外宣布，对安盛投资管理（AXA IM）的收购交易已于2025年7 月1日正式完成。 在此不久前，法国巴黎银行与汇丰集团（HSBC）达成一项协议，根据协议条款，汇丰在德国的分支机构所提 供的托管和存管银行业务，将逐步迁移至法国巴黎银行位于德国的证券服务部门。 资管规模扩张 今年7月，安盛投资管理正式加入法国巴黎银行集团。本次收购完成后，安盛投资管理将被纳入法国巴黎银行 集团体系，并将与法国巴黎资产管理和法国巴黎房地产投资管理进行整合，共同构建一个专注于长期储蓄与投 资领域的全球领先平台。 自2025年7月1日起，法国巴黎资产管理首席执行官Sandro Pierri将同时兼任安盛投资管理首席执行官，原安盛 投资管理执行主席Marco Morelli则将同时担任法国巴黎资产管理主席和安盛投资管理主席。 券商中国记者从业内了解到，多年前，双方已经就有关业务收购进行持续接触。去年年中，就有消息称，安盛 集团正在研究对旗下投资管理业务的选项，考虑与法国巴黎银行的资产管理业务合并，随后，去年8月1日双方 宣布将确定进行有关交易。经过一年的时间，交易正式 ...