本公告所载湘财证券 2025 年度报表为其母公司数据，未经会计师事务所审 计，具体数据以公司 2025 年度报告中披露的数据为准。投资者应审慎参考，注 意投资风险。 特此公告。 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。 根据中国外汇交易中心暨全国银行间同业拆借中心《关于同业拆借市场成员 披露 2025 年度财务报表的通知》（中汇交发〔2025〕484 号），湘财股份有限公 司（以下简称"公司"）全资子公司湘财证券股份有限公司（以下简称"湘财证 券"）未经审计的 2025 年 12 月 31 日母公司资产负债表、2025 年度母公司利润 表 及 2025 年 12 月 31 日 的 证 券 公 司 净 资 本 计 算 表 将 在 中 国 货 币 网 （http://www.chinamoney.com.cn）披露。 上 述 财 务 报 表 详 见 同 日 披 露 在 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）的本公告附件。 证券代码：600095 证券简称：湘财股份 公告编号：临 2 ...

| 编制单位:湘财管券股份有限公司 | | | | | 单位:人民币元 | | --- | --- | --- | --- | --- | --- | | | | 2024年12月31日 | 负债和所有者权益 | 2025年12月31日 | 2024年12月31日 | | 资产: | | | 负债: | | | | 货币资金 | 14, 747, 886, 454. | 12, 818, 976, 829. 28 | 短期借款 | | | | 其中:客户资金 | 14. 250. 312. 750. 20 | 11, 814, 760, 216. 08 | 应付短期师资料 | 2, 303, 744, 322. 16 | 1, 642, 417, 120. 41 | | 结算备付金 | 00110 638, 171. 83 | 2, 890, 419, 898. 88 | 拆入资金 | 2, 327, 273, 167. 99 | 1, 891, 625, 876. 82 | | 其中:客户备付金 | 2, 955, 071, 294. 96 | 2, 711, 264, 891. 31 | 交易性金融负债 ...

Core Viewpoint - Xiangcai Co., Ltd. has experienced fluctuations in stock price and significant changes in financial performance, indicating potential investment opportunities and risks in the securities service industry [1][2]. Group 1: Stock Performance - On January 16, Xiangcai's stock price decreased by 2.09%, reaching 11.27 CNY per share, with a trading volume of 344 million CNY and a turnover rate of 1.05%, resulting in a total market capitalization of 32.22 billion CNY [1]. - Year-to-date, the stock price has increased by 1.90%, with a decline of 1.66% over the last five trading days, a slight increase of 0.18% over the last 20 days, and a decrease of 7.47% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Xiangcai reported operating revenue of 234 million CNY, a year-on-year decrease of 42.96%, while the net profit attributable to shareholders increased by 203.39% to 442 million CNY [2]. - Since its A-share listing, Xiangcai has distributed a total of 961 million CNY in dividends, with 297 million CNY distributed over the past three years [2]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders for Xiangcai was 124,900, a decrease of 0.16% from the previous period, with an average of 22,893 circulating shares per shareholder, an increase of 0.16% [2]. - The top ten circulating shareholders include significant institutional investors, with notable changes in holdings, such as an increase of 11.83 million shares for Guotai CSI All-Index Securities Company ETF and a new entry from Huabao CSI All-Index Securities Company ETF [2].

Core Viewpoint - The financial technology sector in China is experiencing significant growth, driven by the integration of generative AI into core business processes, with predictions indicating that over 80% of banks will adopt this technology by 2026 [1] Group 1: Market Performance - On January 14, major stock indices showed strong performance, with the securities ETF Huaxia (515010) rising by 1.89%, and its holdings such as Hualin Securities hitting the daily limit up [1] - The financial technology ETF Huaxia (516100) surged by 7.23%, with stocks like Lakala reaching a 20% limit up, and several other stocks also experiencing significant gains [1] Group 2: Industry Trends - The domestic financial industry in China is moving beyond the pilot phase, pushing for the large-scale integration of generative AI into core business processes [1] - Regulatory policies promoting "AI+" are facilitating the transition of AI from a supportive tool to a decision-making engine that drives credit and risk control processes [1] Group 3: Investment Opportunities - The financial technology sector is expected to become a focal point for market attention, benefiting directly from increased trading activity and the ongoing digital financial reform [1] - The convergence of trends such as the implementation of GEO new concepts, the scaling of AI financial applications, and the advancement of financial innovation is likely to provide sustained upward momentum for the sector, highlighting its long-term investment value [1]

股票频道更多独家策划、专家专栏，免费查阅>> | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 002945 | 华林证券 | 长 | 9.51 | 559亿 | 35.16 | | 600095 | 湘财股份 | | 5.10 | 348亿 | 9.95 | | 601696 | 中银证券 | 1 | 4.10 | 423亿 | 1.53 | | 601162 | 天风证券 | | 2.97 | 454亿 | 8.41 | | 002670 | 国盛证券 | 1 | 2.68 | 341亿 | 4.63 | | 601108 | 财通证券 | | 2.23 | 426亿 | 5.28 | | 600909 | 华安证券 | 1 | 2.05 | 349亿 | 9.88 | | 000712 | 锦龙股份 | | 2.00 | 115亿 | 6.32 | | 000686 | 东北证券 | 换 | 1.97 | 230亿 | 5.47 | | 002797 | 第一创业 | 1 | 1.82 | 306亿 ...

中邮证券表示，A股股基日均成交额自2025年以来已稳定跃升至2.5万亿至3.5万亿的历史高位区间，较2024年低点增长数倍。两融余额于年初攀 升至约2.62万亿的历史新高，同时两融交易额于市场总交易额的占比并未同步飙升，显示本轮增量交易更多地由投资者自有资金驱动，市场可 持续性可能较强。当前"超低利率+天量成交+理性杠杆"的市场组合，为券商行业创造高活跃度经营环境，助力券商维持高景气度。 湘财证券指出，市场交投活跃支撑券商业绩修复，而PB估值回落至近十年的偏低区域，当前布局券商板块具备较高配置性价比。我们维持证券 行业"增持"评级，建议关注beta属性较强的互联网券商，如指南针；港股建议关注市场交投活跃背景下业绩确定性较强的九方智投控股。 1月14日，A股三大指数集体走强，截至发稿，沪指涨0.93%再创阶段新高，逼近4200点大关，券商板块表现强势，中证全指证券公司指数涨超 1.5%，成分股中，华林证券涨超8%，湘财证券、中银证券、东方财富等股领涨。 热门ETF中，证券ETF（159841）截至发稿成交额超2.6亿元，换手率超2.5%，交投持续活跃。 证券ETF（159841）密切跟踪中证全指证券公司指数，该 ...

| 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 002945 | 华林证券 | 长 | 9.51 | 559亿 | 35.16 | | 600095 | 湘财股份 | | 5.10 | 348亿 | 9.95 | | 601696 | 中银证券 | 1 | 4.10 | 423亿 | 1.53 | | 601162 | 天风证券 | | 2.97 | 454 乙 | 8.41 | | 002670 | 国盛证券 | 1 | 2.68 | 341亿 | 4.63 | | 601108 | 财通证券 | | 2.23 | 426亿 | 5.28 | | 600909 | 华安证券 | 1 | 2.05 | 349亿 | 9.88 | | 000712 | 锦龙股份 | | 2.00 | 115亿 | 6.32 | | 000686 | 东北证券 | 报 | 1.97 | 230亿 | 5.47 | | 002797 | 第一创业 | 1 | 1.82 | 306亿 | 5.82 | | 601099 | 太 ...

Market Overview - On January 13, the securities sector declined by 0.64%, with Guosheng Securities leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Individual Stock Performance - Huayin Securities (002945) saw a closing price of 18.92, up 3.61% with a trading volume of 1.0787 million shares and a turnover of 20.85 million [1] - Fangzheng Securities (601901) closed at 8.18, up 2.25%, with a trading volume of 2.5925 million shares and a turnover of 2.146 billion [1] - Other notable performers include Huatai Securities (601688) at 24.08, up 0.71%, and GF Securities (000776) at 22.86, up 0.66% [1] Capital Flow Analysis - The securities sector experienced a net outflow of 2.057 billion from institutional investors, while retail investors saw a net inflow of 1.835 billion [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Detailed Capital Flow by Stock - Huayin Securities (002945) had a net inflow of 1.92 million from institutional investors, while retail investors experienced a net outflow of 83.81 million [3] - Fangzheng Securities (601901) reported a net inflow of 1.42 million from institutional investors, with retail investors seeing a net outflow of 29.78 million [3] - Other stocks like Dongfang Securities (600958) and Huatai Securities (601688) also showed varied capital flows, reflecting differing investor sentiments [3]

1月13日，湘财股份盘中下跌2.03%，截至14:10，报11.61元/股，成交4.77亿元，换手率1.42%，总市值 331.95亿元。 资金流向方面，主力资金净流出6511.03万元，特大单买入1151.41万元，占比2.41%，卖出5312.88万 元，占比11.14%；大单买入9821.40万元，占比20.59%，卖出1.22亿元，占比25.52%。 资料显示，湘财股份有限公司位于黑龙江省哈尔滨高新技术产业开发区迎宾路集中区太湖北路7号，成 立日期1994年3月25日，上市日期1997年7月8日，公司主营业务涉及证券服务业。主营业务收入构成 为：证券业务81.92%，贸易业务17.06%，其他0.49%，食品加工业务0.43%，防水卷材业务0.16%。 责任编辑：小浪快报 湘财股份所属申万行业为：非银金融-证券Ⅱ-证券Ⅲ。所属概念板块包括：并购重组、创投、基金重 仓、金融科技、融资融券等。 截至9月30日，湘财股份股东户数12.49万，较上期减少0.16%；人均流通股22893股，较上期增加 0.16%。2025年1月-9月，湘财股份实现营业收入2.34亿元，同比减少42.96%；归母净利润4.42亿 ...

每经头条（nbdtoutiao）——年产量是传统大田120倍以上，1个人管理1栋楼！实探中国"植物工厂"：水 稻生产期从120天减到60天，没有虫害不用打农药 （记者 曾健辉） 每经AI快讯，湘财股份1月12日晚间发布公告称，湘财股份有限公司控股股东的一致行动人衢州信安发 展股份有限公司持有公司股份约4.64亿股，占公司总股本的16.24%，本次质押后衢州发展累计质押股份 数量约为4.63亿股，占其持股数量的99.62%，占公司总股本的16.18%。衢州发展及其一致行动人合计持 有公司股份约11.54亿股，占公司总股本的40.37%，本次质押后衢州发展及其一致行动人累计质押股份 数量约为11.52亿股，占其持股数量的99.84%，占公司总股本的40.31%。 ...