Core Viewpoint - The article highlights the recent achievements and initiatives of Shenwan Hongyuan Securities in supporting technology innovation, inclusive finance, green finance, and regional finance, showcasing its role in promoting high-quality economic development in China. Technology Finance - Shenwan Hongyuan Securities successfully issued the first batch of technology innovation bonds with a scale of up to 1 billion yuan and a coupon rate of 1.69% for three years, aimed at supporting technology innovation [3] - The company assisted Industrial and Commercial Bank of China in issuing 20 billion yuan of technology innovation bonds with a coupon rate of 1.65%, marking the lowest rate for similar financial bonds [4] - The firm also facilitated the first bond lending transaction for technology innovation bonds on the Shanghai Stock Exchange, aimed at reducing financing costs for tech enterprises [4] Inclusive Finance - Shenwan Hongyuan helped Jiangsu Tiangong Technology Co., Ltd. successfully issue 60 million shares, raising a total of 236 million yuan for its public listing on the Beijing Stock Exchange [5] - The company supported Weixin Auto Parts Co., Ltd. in successfully listing on the New Third Board, contributing to the growth of specialized and innovative enterprises [6] Green Finance - Shenwan Hongyuan assisted Jiangsu Zerun New Energy Technology Co., Ltd. in its initial public offering on the Growth Enterprise Market, raising 528 million yuan with a share price of 33.06 yuan, contributing to the green energy transition [8] - The firm also played a role in the successful issuance of 5 billion yuan green finance bonds and technology innovation bonds for Zhejiang Commercial Bank, both with a three-year term and AAA rating [9] Regional Finance - Shenwan Hongyuan acted as a joint lead underwriter for Shaanxi Coal and Chemical Industry Group's medium-term notes, successfully issuing 2.5 billion yuan with a term of 5+N years [12] - The company facilitated the successful issuance of non-public corporate bonds for Taizhou Asset Management Co., Ltd. and Tongzhou Urban Construction Group, with scales of 200 million yuan and 510 million yuan respectively [13] Awards and Honors - Shenwan Hongyuan Securities won seven awards in the 2024 Investor Education and Protection Work Evaluation by the Shanghai Stock Exchange, recognizing its efforts in investor education [14]

申万宏源证券落地首单 北向商品期货收益互换交易 本内容最终解释权归申万宏源证券有限公司所有。 促进多元化主体多途径参与中国市场 免责 声 明 助力外资行参与境内商品期货市场 来源：申万宏源FICC 此次交易助力某外资银行成功参与境内商品期货市场。当前，伴随着中国商品期货市场国际化 进程的加速，境外机构参与中国商品期货市场的热情持续高涨，但总体来看存在参与路径较 少、便利化程度不高的制约。申万宏源证券从助力推进资本市场高水平对外开放、进一步完善 对外开放格局的角度出发，利用好北向跨境收益互换的金融工具服务境外客户。北向互换能够 高效实现境外客户参与境内市场的诉求，提升客户参与境内市场的交易效率，同时也补足了公 司一站式北向跨境金融服务的能力，助力推动大宗商品领域的国内国际双向循环。、 展望未来： 本次合作进一步彰显了公司在跨境衍生品领域的境内外协同效能和综合金融服务能力。展望未 来，FICC事业部将继续深化与申万宏源（国际）集团有限公司的交流与合作，深耕高质量客 户的综合金融服务需求，不断提升跨境交易能力和产品创设能力，不断优化跨境金融服务质 效，吸引境外主权基金、金融机构、产业客户、私募产品等多元化主体多途径 ...