21世纪经济报道记者胡慧茵 从今年上半年数据来看，中国和东盟经贸合作愈发紧密和活跃。 据海关总署统计，今年上半年，中国对东盟进出口3.67万亿元，同比增长9.6%，增速高于同期中国货物 贸易进出口增长。叠加近期中国—东盟自贸区3.0版谈判全面完成，外界预期中国和东盟经贸合作空间 进一步拓宽。 "中国—东盟自贸区3.0版谈判完成，释放出区域合作深化、互联互通增强的信号。"近期，渣打银行新 加坡及东盟行政总裁李福祐在接受21世纪经济报道记者专访时表示，预计中国—东盟自贸区3.0版将降 低中国企业进入东盟市场的门槛，强化市场间的互联互通并降低运营成本，最终建立更稳健并具有韧性 的区域供应链。 伴随着中国与东盟经贸往来保持良好增长势头，东盟也成为不少中国企业出海的重要目的地。"本土 化"和"供应链管理"是李福祐受访时提及的关键词。他认为，中国企业的出海进程已步入更加成熟 的"3.0阶段"，正从以往以成本导向为主的生产者，转型成为值得信赖的市场参与者、贡献者与受益 者。 《21世纪》：当前，中国—东盟自贸区3.0版谈判已全面完成，向签署升级议定书的目标迈出关键一 步。它将如何进一步拓展中国同东盟的经贸合作？ 李福祐：在 ...

Group 1 - Hang Seng Bank repurchased 200,000 shares at an average price of HKD 113.23 per share, totaling approximately HKD 22.6463 million on August 15 [1] - The cumulative repurchase for the year reached 2.2 million shares, accounting for 0.11% of the total share capital [1] - As of the market close on the same day, Hang Seng Bank's stock price decreased by 0.26%, closing at HKD 113.4 per share [1] Group 2 - The recent share buyback by Hang Seng Bank is seen as a positive signal from the management regarding the company's value [2] - Financially, the buyback may indicate that the company believes its current stock price is undervalued, aiming to reduce the number of shares in circulation and enhance earnings per share [2] - The buyback can also help stabilize the stock price and boost investor confidence, particularly during market volatility or industry pressures [2] Group 3 - Hang Seng Bank, established on March 3, 1933, is a significant financial institution in Hong Kong, known for its extensive range of services including commercial banking, wealth management, and investment banking [3] - It operates a large branch network in Hong Kong, providing comprehensive financial services to individual, corporate, and institutional clients [3] - The bank's influence extends beyond Hong Kong, recognized in the international financial arena for its robust operational strategies and strong risk management capabilities [3]

Market Pricing Status - The trading heat in the market has slightly declined, with turnover rates decreasing and net capital inflows reducing [8][24][28] - The average daily trading volume for the entire A-share market decreased to 18.1 billion, down from 18.5 billion the previous week [8] - The proportion of stocks rising in the A-share market dropped to 31.9%, with a median weekly return of -1.48% [8][9] A-Share Liquidity Tracking - ETF outflows have accelerated, with overall capital inflows slowing down [24][28] - The new issuance scale of equity funds decreased to 8.87 billion, down from 19.41 billion [35] - Foreign capital inflow into the A-share market was 25.9 million USD, with the northbound capital transaction proportion dropping to 11.6% [46][48] A-Share Industry Allocation - Financing capital is flowing into the pharmaceutical and electronics sectors, while foreign capital is entering the banking sector [3][46] - The net inflow for the pharmaceutical sector was 6.7 billion, and for electronics, it was 6.06 billion [3] - The ETF capital flow showed net inflows in food and beverage (+0.95 billion) and coal (+0.22 billion), while electronics (-11.09 billion) and pharmaceuticals (-6.46 billion) experienced net outflows [3][46] Hong Kong and Global Capital Flow - Southbound capital inflows increased, with net purchases rising to 59.02 billion, the highest since 2022 [4][48] - The Hang Seng Index fell by 3.5%, with major global markets also experiencing declines, particularly the French CAC40 index, which dropped by 3.7% [4][48] - Foreign capital primarily flowed into developed markets, with the US receiving 4.06 billion and the UK 0.98 billion [4][48]

Core Viewpoint - The document outlines the financing and external guarantee management procedures of Yantai Zhongchong Food Co., Ltd, aiming to regulate financing activities, control risks, and protect financial security and investor rights [1][2][3]. Financing Management - Financing refers to indirect financing from financial institutions, including various forms such as credit, loans, and guarantees [1]. - The financial department is responsible for managing financing applications and conducting preliminary reviews [2]. - Approval authority for financing is tiered based on the amount relative to the company's audited net assets, with specific limits for the president, chairman, and board of directors [2][3]. External Guarantee Management - External guarantees involve the company providing guarantees for third parties, and the company must analyze the creditworthiness of the guaranteed party [4][5]. - Guarantees require the provision of counter-guarantees from the guaranteed party, ensuring they have the capacity to fulfill the guarantee [5][6]. - Approval for external guarantees also follows a tiered structure, with specific thresholds for board and shareholder approval based on the amount of the guarantee relative to the company's net assets [6][7]. Risk Management - The company must continuously monitor the financial status of guaranteed parties and take necessary actions if their financial condition deteriorates [9][10]. - If a guaranteed debt is not repaid on time, the company must implement remedial measures and may need to pursue recovery from the guaranteed party [10][11]. Information Disclosure - The company is required to disclose financing and guarantee-related information in accordance with relevant laws and regulations [28][29]. Responsibilities - All directors are responsible for reviewing financing and guarantee matters according to the established procedures and may face legal consequences for violations [30][31].

Group 1 - The 9th China-South Asia Expo and the 29th China Kunming Import and Export Fair were successfully held in Kunming, Yunnan from June 19 to June 24, 2025 [1] - Industrial and Commercial Bank of China (ICBC) Yunnan Branch acted as a strategic partner and provided sponsorship support for the expo, aiming to assist Yunnan in becoming a radiation center towards South Asia and Southeast Asia [3] - ICBC Yunnan Branch set up a payment facilitation service desk at the expo to assist foreign guests with payment services, including currency exchange and product consultations [5] Group 2 - The expo featured a new "Living in Yunnan" pavilion, where ICBC Yunnan Branch was the only bank focusing on elderly finance, hosting a promotional event on pension financial services [7] - ICBC Yunnan Branch offered 187 selected investment products for individual pension contributors, creating a product matrix of "stable savings + diversified investment + long-term protection" [7] - The bank also introduced a one-stop elderly-friendly service combining online and offline support, including low-position ATMs and a mobile banking version designed for seniors [7] Group 3 - ICBC Yunnan Branch continued to participate in the Trade Worry-Free platform, providing clients with consultations and services related to settlement, financing, foreign exchange, and digital finance [9] - The bank has leveraged Yunnan's geographical advantages to enhance its financial services, particularly in supporting the Belt and Road Initiative and cross-border settlement services for provincial enterprises [10] - The expo serves as an important platform for promoting economic and cultural exchanges between China and South Asian countries, with ICBC Yunnan Branch committed to contributing more financial support for the modernization of Yunnan [10]

关于对广州御银科技股份有限公司 深圳证券交易所关注函的回复 深圳证券交易所上市公司管理一部： 广州御银科技股份有限公司（以下简称"公司"、"御银股份"）于 2023 年 9 月 28 日收到深圳证券交易所上市公司管理一部《关于对广州御银科技股份有限公司 的关注函》（公司部关注函【2023】第 310 号）（以下简称"关注函"）。华兴会计师 事务所（特殊普通合伙）（以下简称"会计师"、"本所"或"我们"）作为公司 2022 年年报审计的会计师，对关注函中涉及要求年审会计师事务所发表意见的问题现回 复如下： 华兴专字[2023]22013460112 号 一、你公司于 2023 年 9 月 27 日晚披露的《关于对参股公司计提公允价值变 动损益的公告》显示，你公司将持有的前海股交投资控股（深圳）有限公司（以下 简称"前海股交"）7.64%股权确认为以公允价值计量且其变动计入当期损益的金融 资产，在"其他非流动金融资产"科目核算，初始投资成本 1.89 亿元。2022 年期 末，你公司根据前海股交 2022 年度未审计的财务报表对其投资计提公允价值变动 损益-3,802.53 万元，期末账面价值 11,153.20 ...