Core Viewpoint - The report from CITIC Securities indicates a potential supply-demand imbalance in the antimony market, with a forecasted increase in antimony prices due to declining production and rising demand from various industries [1] Supply Side - Antimony production in China for the period of January to November 2024 is projected to be 50,400 tons for antimony concentrate, 65,600 tons for antimony ingots, and 96,700 tons for antimony oxide, reflecting year-on-year declines of 9%, 11%, and 7% respectively [1] Demand Side - Domestic photovoltaic glass production in China is expected to reach 27,336,000 tons in 2024, representing a year-on-year growth of 31% [1] - The apparent demand for bromine is projected at 125,000 tons, showing a year-on-year increase of 5% [1] Market Dynamics - The scarcity of antimony resources, coupled with a decline in ore grades, is likely to lead to a systematic decrease in production levels [1] - The increasing consumption of antimony driven by industries such as photovoltaics and flame retardants is expected to create a supply shortage, leading to a definitive upward adjustment in antimony price levels in the medium to long term [1]

证券代码：601066 证券简称：中信建投 公告编号：临2025-002号 （二）关于选举公司监事会主席的议案 表决结果：6 票同意、0 票反对、0 票弃权，本议案获得通过。会议选举林煊 女士担任公司第三届监事会主席。林煊女士自本次监事会审议通过其任职议案之 日起正式履职，任期至公司第三届监事会任期结束之日止。自林煊女士正式履职 之日起，赵明先生不再担任公司监事会召集人。 中信建投证券股份有限公司（以下简称公司）第三届监事会第九次会议于 2025 年 1 月 17 日以书面方式发出会议通知，于 2025 年 1 月 17 日在公司总部会 议中心以现场方式召开。本次会议应出席监事 6 名；实际出席监事 6 名，均以现 场方式出席。 本次会议由公司监事会召集人、职工代表监事赵明先生主持，公司相关高级 管理人员列席会议。会议召开和表决情况符合法律、法规、股票上市地证券交易 所上市规则及《中信建投证券股份有限公司章程》和《中信建投证券股份有限公 司监事会议事规则》的相关规定。 二、监事会会议审议情况 （一）关于豁免监事会会议提前通知时限的议案 表决结果：6 票同意、0 票反对、0 票弃权，本议案获得通过。 中信建投证 ...

为出具本法律意见,本所律师审查了《中信建投证券股份有限公司第三届监 事会第八次会议决议公告》《中信建投证券股份有限公司第三届董事会第十次会 议决议公告》《中信建投证券股份有限公司关于召开 2025年第一次临时股东大 会的通知》(以下简称"《召开股东大会通知》")以及本所律师认为必要的其他 文件和资料,同时审查了出席现场会议股东的身份和资格、见证了本次股东大会 的召开,并参与了本次股东大会议案表决票的现场监票计票工作。 本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办法》 《律师事务所证券法律业务执业规则(试行)》等规定及本法律意见出具目以前 北京 ·上海・深圳・成都・杭州・西安・海口・苏州・广州・合肥・昆明・南京・武汉・郑州・香港 www.tylaw.com.cn 已经发生或者存在的事实,严格履行了法定职责,遵循了勤勉尽责和诚实信用原 则,进行了充分的核查验证,保证本法律意见所认定的事实真实、准确、完整, 所发表的结论性意见合法、准确,不存在虚假记载、误导性陈述或者重大遗漏, 并承担相应法律责任。 本所及经办律师同意将本法律意见作为本次股东大会公告的法定文件,随同 其他公告文件一并提交上海证券交 ...

证券代码：601066 证券简称：中信建投 公告编号：临 2025-001 号 中信建投证券股份有限公司 2025 年第一次临时股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 （一）股东大会召开的时间：2025 年 1 月 17 日 （二）股东大会召开的地点：北京市朝阳区景辉街 16 号院 1 号楼泰康集团 大厦 13 层会议室 （三）出席会议的普通股股东及其持有股份情况（本公司暂无优先股股东）： 1 （四）表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等 2、 公司在任监事 5 人，出席 5 人（均为现场出席）； 3、 董事会秘书出席本次股东大会。 | 1、出席会议的股东和代理人人数 | 874 | | --- | --- | | 其中：A 股股东人数 | 873 | | 境外上市外资股股东人数（H 股） | 1 | | 2、出席会议的股东所持有表决权的股份总数（股） | 5,542,694,051 | | 其中：A 股股东 ...

Core Points - Lanzhou Bank has released 1,444,046,665 shares for circulation, accounting for 25.3533% of the total share capital [1] - The bank's total share capital before the public offering was 5,126,127,451 shares, which increased to 5,695,697,168 shares after the issuance of 569,569,717 shares [1] - The number of shares that have not yet been released from restrictions is 2,926,978,416 shares [1] Summary by Sections Share Release - A total of 566 shareholders applied for the release of share restrictions, including 22 corporate shareholders and 544 individual shareholders [2] - The stock price of Lanzhou Bank is currently below the issuance price of 3.57 yuan per share [3] Fundraising and Use of Proceeds - The total amount raised from the initial public offering was 2.033 billion yuan, with a net amount of 1.968 billion yuan after deducting issuance costs [4] - All funds raised will be used to strengthen capital, improve capital adequacy, enhance competitiveness, and increase shareholder value [4] - The total issuance costs for the IPO were 65.0304 million yuan, with the lead underwriter, CITIC Securities, receiving 52.7209 million yuan in fees [4]

Core Viewpoint - In 2024, Apple is expected to experience an "innovative year" as stated by CEO Tim Cook, driven by the launch of Vision Pro and new AI systems [1] Group 1: 3C Device Demand - The demand for 3C devices is anticipated to remain relatively stable in 2024, primarily due to Apple's focus on software iterations rather than significant hardware upgrades [1] - The newly released AI systems and the MR series are expected to lay a solid foundation for a new cycle of innovation in the future [1] Group 2: Future Outlook - Looking ahead to 2025 and beyond, there is optimism regarding the demand for 3C devices as hardware module iterations accelerate and production line automation continues to advance [1] - The expectation is that the demand for 3C devices may enter an upward cycle, supported by new products and hardware iterations [1]

Core Viewpoint - CITIC Securities research report indicates a slight contraction in the funding environment is expected in January, but no significant tightening is anticipated, with a focus on local government bond issuance, bank performance at the beginning of the year, central bank stance, and large banks' liability pressure [1] Group 1: Monetary Policy Outlook - The first quarter is entering a monetary easing window, with attention on the possibility of central bank reserve requirement ratio (RRR) cuts and interest rate reductions, which may lead to a further decline in the central tendency of funding rates [1] - Short-term concerns include potential marginal contraction in the funding environment and increased volatility due to exchange rate pressures and demands to prevent capital outflows [1] Group 2: Market Behavior - With the current inverted yield curve in the money market, the cost-effectiveness of borrowing has improved, leading to an expected increase in the scale of lending from money market funds [1] - The supply-demand relationship for non-bank funding is likely to ease, and the funding stratification may return to a more relaxed state similar to the period from April to June of last year [1]

证券时报e公司讯，中信建投研报指出，国补带动下，2024年12月至今大电表现稳健，线下市场高速增 长。 扫地机线上线下销售量及销售额均实现翻倍增长，洗地机实现双位数增长。 投资建议：1）推荐受益于以旧换新带来结构明显改善的黑电行业；2）推荐业绩稳健，受益以旧换新增 长的白电龙头；3）两轮车板块新国标出炉后，将迎来政策催化。 冰箱、洗衣机、电视销售量及销售额均实现双位数增长，空调销售额同比上升100.27%，销售量同比上 升87.12%；线上空调仍实现双位数增长，销售额同比上升34.27%，销售量同比上升28.08%。 国补期间清洁电器景气提升显著。 ...

证券时报网讯，中信建投研报称，CES2025即将召开，本次展会预计重点围绕AI与消费电子产品、汽 车、智能家居等领域的融合展开。 芯片厂商预计将密集发布一系列新品，PC整机厂商也积极推进产品创新，推动AIPC产业加速落地。 汽车领域传统车企发布多项智能化新品，自动驾驶及零部件企业将展示技术和产品最新进展，覆盖高级 驾驶辅助系统（ADAS）到完全无人驾驶领域。 智能家居方面得益于科技巨头赋能，家居产品智能化水平提升，预计带来更多新体验。 建议关注：1）AIPC：芯片及整机产品密集发布；2）智能驾驶：整车厂智能化以及自动驾驶解决方案 最新进展将发布；3）关注AI终端方向。 校对：王锦程 ...

校对：王锦程 证券时报网讯，中信建投研报称，1）白电板块依旧是最基本盘的配置，白电行业受益以旧换新，上半 年基本面无忧，并且公司估值普遍在相对低的位置，板块整体估值仍有上行空间；2）黑电预计将明显 受益于产品结构的改善，预计黑电上游面板和下游产品公司均存在机会；3）两轮车行业将受益于以旧 换新和新国标落地；2024年景气度均较低，以旧换新政策进一步优化流程，有望带来需求改善；同时关 注行业整合并购的机会和新技术带来的主题机会。 ...