光大证券股份有限公司 章 程 目 录 第一章 总则 第一条 为维护光大证券股份有限公司（以下简称"公司"）、股东、职工和债权人的合 法权益，规范公司的组织和行为，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》"）、《境内企业境外发行证券和上市管 理试行办法》、《香港联合交易所有限公司证券上市规则》（以下简称"《香港上市规则》"） 和其他有关规定，制定本章程。 第二条 公司系依照《公司法》、《证券法》和其他有关规定成立的股份有限公司。 公司经中华人民共和国财政部财金函（2004）170 号文和中国证券监督管理委员会证监 机构字[2005]54 号文《关于同意光大证券有限责任公司改制及核减注册资本的批复》批准， 以光大证券有限责任公司（以下简称"有限公司"）整体变更方式设立；中华人民共和国商务 部于 2005 年 5 月 23 日颁发商外资字[2002]0069 号《中华人民共和国港澳侨投资企业批准证 书》。公司在上海市市场监督管理局注册登记，取得营业执照，统一社会信用代码 传真：+8621 62151789 第六条 公司注册资本为人民币 4,610,78 ...

Group 1 - The core viewpoint of the article is that Kaisheng Securities' journey towards IPO has ended with the termination of its listing review after three years of waiting, highlighting the challenges faced in the process [1][2]. - Kaisheng Securities submitted its IPO application to the CSRC in June 2022, and after being accepted in March 2023, the listing review was ultimately terminated by the Shenzhen Stock Exchange in June 2025 due to the withdrawal of the application by the sponsor, Minsheng Securities [2][3]. - The company operates as a comprehensive securities firm with multiple business lines, including securities brokerage, investment consulting, financial advisory, underwriting, proprietary trading, asset management, and more, leveraging national strategies like the Belt and Road Initiative [3][4]. Group 2 - From 2021 to the first half of 2024, Kaisheng Securities reported revenues of 2.7 billion yuan, 2.6 billion yuan, 3.1 billion yuan, and 1.24 billion yuan respectively, with net profits of 531 million yuan, 510 million yuan, 617 million yuan, and 283 million yuan [4][5]. - As of June 30, 2024, the total assets of the company amounted to 55.2 billion yuan, with a debt-to-asset ratio of 63.45% [4][5]. - In 2024, the company experienced a revenue decline of 6.61%, with total revenue reported at 2.86 billion yuan [6][8]. Group 3 - The bond underwriting business of Kaisheng Securities was suspended for six months starting from October 2024 due to compliance issues, which is expected to negatively impact the company's performance in 2024 and 2025 [7][8]. - The company had originally planned to raise 4 billion yuan through the IPO, with the funds intended to supplement capital, increase working capital, and expand business scale [10]. - The regulatory actions taken against Kaisheng Securities serve as a warning to the industry regarding the importance of compliance while pursuing growth [8].