企业十分关心的贷款利息抵扣增值税"落空"，但这一改革趋势并未改变。 今年起实施的《中华人民共和国增值税法实施条例》（下称《条例》）明确，纳税人购进贷款服务的利 息支出，及其向贷款方支付的与该贷款服务直接相关的投融资顾问费、手续费、咨询费等费用支出，对 应的进项税额暂不得从销项税额中抵扣。 这意味着与此前一样，贷款利息及相关费用依然不能抵税。但与此前官方披露的增值税法实施条例（征 求意见稿）相比，正式出台的《条例》有一些变化。 与《条例》（征求意见稿）相比，贷款服务的利息支出等不得抵税的表述中，多了个"暂"字。而且《条 例》还增加一句话：国务院财政、税务主管部门应当适时研究和评估购进贷款服务利息及相关费用支出 对应的进项税额不得从销项税额中抵扣政策执行效果。 上海国家会计学院副教授葛玉御告诉第一财经，这一变化意味着国家只是暂时不允许贷款利息及相关费 用支出抵税，但后续会评估研究，适当的时候把贷款利息等纳入增值税进项抵扣。 增值税是中国第一大税种，年收入规模已超6万亿元，目前中国增值税实现对货物和服务的全覆盖，建 立消费型增值税制度框架。 上海财经大学公共政策与治理研究院院长田志伟告诉第一财经，增值税最大的特点是 ...

【#王健林公司所持股权5.1亿起拍##万达集团名下公司股权被法拍#】天眼查天眼风险信息显示，近 日，上海市第二中级人民法院发布拍卖公告，拍卖标的为被执行人大连万达集团股份有限公司名下的上 海万达小额贷款有限公司70%的股权。公告显示，评估价7.3亿余元，起拍价5.1亿余元，起拍时间： 2026年1月29日至2026年2月1日。此前，万达地产集团有限公司、大连万达集团股份有限公司等已因此 案被执行12亿余元。大连万达集团股份有限公司成立于1992年9月，注册资本10亿元，王健林担任法定 代表人、董事长，受益股份达98%。（中新经纬） | 壹公司 查老板 | 复兴系 查风险 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 清验入公司名称、老板姓名、品牌名称称 | | 天間一 | 盤 盛用 = | 商务合作 | 企业级产品。 这 开通会员。 | 186 | | 夏买公告 | 基本信息 | | 夏买须知 | | 标的物介绍 | | | | 标的输详情 | | | | | | | 拍卖标的信息(2025) 沪02执恢1112号 | | | | | | ...

■据国家发展改革委24日消息，国家发展改革委、商务部近日发布《鼓励外商投资产业目录（2025年 版）》，自2026年2月1日起施行。 ■市场监管总局、中央网信办、工业和信息化部、公安部等十四部门联合印发《网售工业产品质量安全 专项治理行动方案（2025—2027年）》，部署开展网售工业产品质量安全专项治理行动，全面提升网售 工业产品质量安全水平。 ■欧洲汽车制造商协会当地时间23日公布的统计数据显示，美国电动汽车品牌特斯拉11月在欧洲的新车 注册量为22801辆，同比下降11.8％。今年前11个月，特斯拉在欧洲新车注册量同比下降28％。 ■美国在线贷款平台贷款树公司日前发布的调查结果显示，今年37%的美国人节日购物季负债增加，平 均负债从去年的1181美元升至1223美元。 ■当地时间24日，日本东京电力公司社长小早川智明称，将于明年1月20日重启柏崎刈羽核电站6号机组 反应堆。这将是2011年"3·11"东日本大地震引发福岛第一核电站事故后，东京电力公司旗下首个重启的 核电机组。 ■近日，中国人民银行等八部门联合发布意见，提出21条金融支持重点举措，推动发挥好"融资"和"结 算"两项金融核心功能，支持西部陆 ...

Investor Day December 10, 2025 Forward-looking Statements This presentation and statements by our management may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include, without limitation, statements regarding our strategic initiatives, priorities, plans and vision; our acquisition of Sandy Spring Bancorp, Inc. ("Sandy Spring") and expectations with regard to the benefits of the Sandy Spring a ...

Group 1 - The company is conducting a board of directors election as the current term will expire on November 26, 2025 [1][2] - The ninth board of directors will consist of 11 members, including 6 non-independent directors, 4 independent directors, and 1 employee representative [1][2] - The election of directors will be conducted through a cumulative voting method at the upcoming extraordinary shareholders' meeting [2] Group 2 - The company has nominated candidates for the ninth board, including 6 non-independent directors and 4 independent directors [2][3] - The independent director candidates have qualifications and have not faced any administrative penalties or disciplinary actions [4][11] - The term for the newly elected board members will be three years, with independent directors subject to a maximum tenure of six consecutive years [2][4] Group 3 - The company plans to renew the financial services framework agreement with AVIC Finance, which will provide various financial services to the company and its subsidiaries [13][14] - The agreement includes a maximum daily deposit balance of RMB 1.5 billion and a revolving loan limit of RMB 1.5 billion [16][70] - The agreement is expected to enhance the company's capital turnover efficiency and reduce transaction costs [14][31] Group 4 - The company held a board meeting on December 8, 2025, where several key resolutions were passed, including the nomination of board candidates and the renewal of the financial services agreement [34][66] - The independent directors have reviewed and approved the financial services agreement and risk assessment report [32][72] - The upcoming extraordinary shareholders' meeting is scheduled for December 25, 2025, to vote on the proposed resolutions [44][77]

Core Viewpoint - Long Win Group (Holdings) Limited (00689) has entered into a loan agreement to provide NZD 2 million (approximately HKD 8.8 million) to Sequoia Development Limited, with a repayment term of twelve months [1] Group 1: Loan Agreement Details - The loan agreement is established between EPI ESG Investment (New Zealand) Limited, a wholly-owned subsidiary of the company, and Sequoia Development Limited, along with guarantor Mr. Chen Yiming [1] - The lender is a licensed creditor registered as a financial service provider in New Zealand, primarily engaged in providing financial services [1] Group 2: Business Strategy - The company aims to expand its income sources through lending activities by leveraging its business network to develop stable loan transaction sources [1] - The target clientele for the lending business includes individuals and corporate entities with short-term funding needs who can provide sufficient collateral, ideally in the form of quality properties and assets [1]

Core Viewpoint - Changying Group (Holdings) Limited has entered into a loan agreement to provide NZD 2 million (approximately HKD 8.8 million) to Sequoia Development Limited, with a repayment term of twelve months [1] Group 1: Loan Agreement Details - The loan agreement is established between EPI ESG Investment (New Zealand) Limited, a wholly-owned subsidiary of the company, and Sequoia Development Limited, with Mr. Chen Yiming as the guarantor [1] - The loan amount is NZD 2 million, which is approximately HKD 8.8 million, and the repayment period is set for twelve months [1] Group 2: Business Strategy - The lender is a licensed lender registered as a financial service provider in New Zealand, primarily engaged in providing financial services and acting as a creditor in credit agreements [1] - The company aims to expand its income sources through lending activities by developing a stable source of loan transactions via its business network [1] - The target clientele for the lending business includes individuals and corporate entities with short-term funding needs who can provide sufficient collateral, ideally in the form of quality properties and assets [1]

Group 1: Talent Development Initiatives - The core idea emphasizes that talent is the primary resource for regional development, and the district is implementing various plans to enhance talent cultivation and retention [1] - The district has launched four major initiatives: "Ling Shan Plan," "Zhi Gu Plan," "Bai Hua Plan," and "Yong Ding Plan," aimed at creating a supportive environment for talent development [1] - The talent growth rate in the district is among the highest in the city's ecological conservation areas during the 14th Five-Year Plan period [1] Group 2: Business Environment Optimization - The district is focusing on improving the business environment as a key strategy to enhance regional competitiveness, with a "2+10+N" reform system set for 2025 [3] - This reform system targets both public and specialized business environments, addressing ten dimensions including market, legal, and financial services [3] Group 3: Service System Enhancements - A three-tiered government service system has been established to improve service efficiency, aiming for a 100% service item entry rate and a 100% one-stop service rate [6] - The introduction of over 1,800 consulting services and self-service terminals allows businesses to complete tasks without leaving their premises [7] Group 4: Legal and Regulatory Framework - The establishment of the "Beijing West Legal Intelligence Valley" provides comprehensive legal services for specialized and small enterprises, focusing on intellectual property and labor issues [11] - The district has expanded its "no disturbance" enterprise list to over 20,800 companies, implementing flexible regulatory measures to minimize business disruptions [13] Group 5: Support for Industry Development - A comprehensive policy framework has been developed to support high-quality growth in various industries, including technology and tourism, with a focus on expanding financing channels [19] - The opening of the "Zhongguancun (Beijing West) Artificial Intelligence Technology Park" positions the district as a key area for AI development in the city [21]

Financial Data and Key Metrics Changes - Total transaction volume increased by 34% year over year to $15.5 billion, driven by strong demand and increased supply of debt capital [4][5] - Revenues for Q3 reached $338 million, up 16% year over year, with diluted earnings per share at $0.98, a 15% increase [4] - Adjusted EBITDA grew 4% to $82 million, while adjusted core EPS increased 3% to $1.22 [4] Business Line Data and Key Metrics Changes - Capital markets segment revenues grew 26% year over year, with loan origination fees up 32% and property sales broker fees up 37% [13][15] - GSE lending volumes increased by 64% in Q3, with Freddie Mac lending up 137% to $3.7 billion and Fannie Mae volumes up 7% to $2.1 billion [5][13] - HUD lending volumes rose 20% to $325 million, despite challenges from the government shutdown [7] Market Data and Key Metrics Changes - Investment sales volume increased by 30% to $4.7 billion, outperforming the overall market growth of 17% [7][8] - The servicing portfolio remains strong at $139 billion, generating steady cash servicing fees that grew 4% [16] - The at-risk servicing portfolio performed exceptionally well, with only 10 defaulted loans totaling just 21 basis points [17] Company Strategy and Development Direction - The company is focused on expanding its debt brokerage business and has split it into two units to target different market segments [24] - There is a strong emphasis on technology and data integration to enhance client services and differentiate from competitors [25][26] - The company aims to capitalize on the upcoming refinancing opportunities as shorter-duration loans mature over the next few years [21][58] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the commercial real estate market, citing strong transaction volumes and a favorable macroeconomic environment [19][20] - The company anticipates a gradual increase in capital markets activity, supported by a robust forward pipeline [4][19] - Management highlighted the importance of recycling capital as a key driver for transaction activity in 2025 [48][50] Other Important Information - The company ended the quarter with $275 million in cash, reflecting strong recurring revenues and capital markets activity [19] - A quarterly dividend of $0.67 per share was approved, payable to shareholders of record as of November 21 [19] Q&A Session Summary Question: Context on loan repurchase requests and credit performance - Management clarified that the recent loan repurchase requests are isolated incidents and emphasized the overall strong credit performance of the portfolio [32][34] Question: Trends in Fannie Mae volumes - Management noted that Fannie Mae and Freddie Mac volumes fluctuate, and both agencies are expected to hit their caps in 2025, which could lead to increased volumes [41][42] Question: Potential for a refinancing wave - Management indicated that the need to recycle capital is driving transaction activity, and they expect robust refinancing activity as shorter-duration loans mature [45][58] Question: New client acquisition data - Approximately 16% of transactions in Q3 were with new clients, while over 60% were new loans to existing clients [59][61] Question: Share performance concerns - Management acknowledged the disconnect between share performance and market conditions, emphasizing the focus on executing the business strategy and capitalizing on growth opportunities [64][67]

近日，农发行林甸县支行围绕黑龙江乐尔食品有限公司贷款业务推进需求，主动对接相关部门办理抵押 登记手续，以高效务实的服务为后续贷款顺利落地筑牢基础，切实发挥政策性金融服务实体经济的支撑 作用。 在抵押登记办理现场，支行工作人员与企业相关人员密切配合，全程跟进材料提交、信息核验、表格填 写等环节，耐心解答登记中心提出的疑问，及时补充完善相关说明材料。凭借严谨细致的工作态度和高 效协同的服务效率，顺利完成抵押登记手续，为后续贷款审批、放款等环节的推进创造了有利条件。 下一步，农发行林甸县支行将继续紧盯黑龙江乐尔食品有限公司贷款业务后续进展，优化内部流程衔 接，加快推进贷款审批等工作，确保贷款尽早落地，切实解决企业资金需求，为企业稳健发展提供有力 金融支持。（刘超） 为确保抵押登记业务高效推进，支行提前谋划、周密部署。一方面，安排专人与黑龙江乐尔食品有限公 司沟通，详细梳理抵押登记所需材料清单，逐项指导企业完善资料，并反复核对产权证明、评估报告等 关键信息，避免因材料疏漏延误办理进度；另一方面，主动与不动产登记中心对接，提前了解办理流 程、所需时限及注意事项，预约办理时间，减少现场等待环节，为业务顺畅推进做好前期准备 ...