恒生电子股份有限公司 2025 年第三季度报告 证券代码：600570 证券简称：恒生电子 恒生电子股份有限公司 2025 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 1,063,480,320.25 | -21.33 | 3, ...

Core Insights - The company reported a revenue of 1.063 billion yuan for the third quarter, representing a decline of 21.33% [1] - The net profit for the third quarter was 195 million yuan, down 53.17% [1] - For the first three quarters, the total revenue was 3.49 billion yuan, a decrease of 16.66% [1] - The net profit for the first three quarters was 455 million yuan, showing a growth of 2.16% [1] Financial Performance - Third quarter revenue: 1.063 billion yuan, down 21.33% [1] - Third quarter net profit: 195 million yuan, down 53.17% [1] - Year-to-date revenue: 3.49 billion yuan, down 16.66% [1] - Year-to-date net profit: 455 million yuan, up 2.16% [1]

Group 1 - The core viewpoint of the news highlights the performance of the financial technology sector, with the China Securities Financial Technology Theme Index rising by 0.45% and notable increases in individual stocks such as Tax Friend Co., Ltd. rising by 10.00% [3] - The Financial Technology ETF (516860) has shown a 0.59% increase, marking its fourth consecutive rise, with a latest price of 1.53 yuan and a weekly cumulative increase of 3.68% as of October 27, 2025 [3] - The Shanghai Composite Index has surpassed 4000 points, achieving a 19% increase year-to-date, with historical data indicating that the index has only been above this level in 2007, 2008, and 2015 [3] Group 2 - The National Foreign Exchange Administration has introduced nine new policy measures focusing on trade facilitation, including expanding the pilot scope for cross-border trade and optimizing foreign exchange settlement for new trade entities [4] - China Galaxy Securities emphasizes that expanding financial institutional openness is essential for responding to complex international environments and is a necessary choice for constructing a new development pattern [4] Group 3 - The Financial Technology ETF has seen a significant growth in scale, increasing by 92.32 million yuan over the past week, ranking second among comparable funds [5] - The ETF's shares have also grown by 25 million shares in the same period, ranking first among comparable funds [5] - The ETF has experienced continuous net inflows over the past three days, with a peak single-day net inflow of 22.83 million yuan, totaling 53.99 million yuan in net inflows [5] - The China Securities Financial Technology Theme Index includes companies involved in financial technology, with the top ten weighted stocks accounting for 55.55% of the index [5]

证券代码：600570 证券简称：恒生电子 编号：2025-074 恒生电子股份有限公司 关于2025年股票期权激励计划授予登记完成的公告 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： 根据中国证券监督管理委员会《上市公司股权激励管理办法》、上海证券交易所、中国证券登记结算有 限责任公司上海分公司等有关规则的规定，恒生电子股份有限公司（以下简称"公司"）完成了《2025年 股票期权激励计划（草案）》（以下简称"本激励计划"）授予登记工作，现将有关事项公告如下： 一、本激励计划已履行的相关审批程序 1、2025年8月21日，公司召开第九届董事会第四次会议,审议通过了《关于〈恒生电子股份有限公司 2025年股票期权激励计划（草案）及其摘要〉的议案》《关于〈恒生电子股份有限公司2025年股票期权 激励计划实施考核管理办法〉的议案》《关于提请股东大会授权董事会办理2025年股票期权激励计划相 关事宜的议案》等相关议案。公司董事会薪酬与考核委员会已对公司股权激励计划相关事项进行了事前 审议和认可。 同日，公司召开第九届 ...

恒生电子股份有限公司 证券代码：600570 证券简称：恒生电子 编号：2025-074 关于 2025 年股票期权激励计划授予登记完成的公告 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： 根据中国证券监督管理委员会《上市公司股权激励管理办法》、上海证券交 易所、中国证券登记结算有限责任公司上海分公司等有关规则的规定，恒生电子 股份有限公司（以下简称"公司"）完成了《2025 年股票期权激励计划（草案）》 （以下简称"本激励计划"）授予登记工作，现将有关事项公告如下： 一、本激励计划已履行的相关审批程序 1、2025 年 8 月 21 日，公司召开第九届董事会第四次会议,审议通过了《关于 <恒生电子股份有限公司 2025 年股票期权激励计划（草案）及其摘要>的议案》《关 于<恒生电子股份有限公司 2025 年股票期权激励计划实施考核管理办法>的议案》 《关于提请股东大会授权董事会办理 2025 年股票期权激励计划相关事宜的议案》 等相关议案。公司董事会薪酬与考核委员会已对公司股权激励计划相关事项进行 了事前审 ...

Group 1: Software ETF Performance - The software ETF has a turnover rate of 4.16% and a transaction volume of 238 million yuan, with a total scale of 5.677 billion yuan, ranking first among comparable funds [3] - The software ETF experienced a net outflow of 54.0446 million yuan recently, but over the past 10 trading days, it has attracted a total of 417 million yuan [3] - As of October 24, 2025, the software ETF's net value has increased by 14.66% over the past three years, with the highest monthly return since inception being 39.35% and an average monthly return of 10.06% [3] Group 2: Key Holdings in Software Sector - As of September 30, 2025, the top ten weighted stocks in the CSI Software Service Index (930601) include iFlytek, Tonghuashun, Kingsoft Office, and others, accounting for a total of 62.41% of the index [3] Group 3: Industry Trends and Developments - The domestic operating system market is expected to reach 25 billion yuan by 2025, with significant growth in domestic IDE tools, such as SnapDevelop, which has attracted over 20,000 registered users [4] - The core industrial software market in China is projected to grow from 31.86 billion yuan in 2024 to 76.5 billion yuan by 2029, with a compound annual growth rate of approximately 19.1% [4] - The development of the domestic software industry is accelerating due to the national push for localization in the context of major technological competition [4]

Market Performance - The market experienced a rebound last week, with the CSI Xinhua National Brand Index rising by 4.14% to 2037.67 points [1][2] - The Shanghai Composite Index increased by 2.88%, the Shenzhen Component Index by 4.73%, the ChiNext Index by 8.05%, and the CSI 300 Index by 3.24% [2] Strong Stock Performances - Notable strong performers included: - Zhongji Xuchuang (up 32.23%) - Shiyuan Technology (up 14.54%) - Sunshine Power (up 14.37%) [2] - Other stocks with significant gains included: - Anji Technology and Wowo Bio (both up over 10%) - SMIC and Zhaoyi Innovation (both up over 9%) [2] Year-to-Date Stock Performance - Since the beginning of the second half of the year, Zhongji Xuchuang has surged by 239.03%, leading the gains [3] - Sunshine Power has increased by 145.06%, while other stocks like Lanke Technology and Yiwei Lithium Energy have risen over 70% [3] Market Outlook - According to Fangzheng Fubang Fund, liquidity remains a crucial driver for market development, and future capital inflow will significantly impact market trends [4] - The fund suggests focusing on sectors with solid fundamentals and reasonable valuations, rather than chasing high-performing stocks with poor earnings [4] - Long-term investment opportunities may lie in technology companies with real technological barriers that align with national strategies [4] - Kangmand Capital anticipates a volatile market in the short term due to uncertainties, but the core logic for an upward trend remains unchanged [4] - Xingshi Investment notes that positive incremental information could stabilize market expectations and emotions, with a potential shift in economic momentum towards technology and consumption [4]

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： ●交易背景情况 2025年8月20日，深圳市赢时胜信息技术股份有限公司（以下简称"赢时胜"）披露《关于持股5%以上股 东的一致行动人减持股份的预披露公告》（以下简称"预披露公告"）。根据预披露公告，恒生电子股份 有限公司（以下简称"恒生电子"或"公司"）的一致行动人上海通怡投资管理有限公司（以下简称"通怡 投资"，代表"通怡芙蓉2号私募证券投资基金"、"通怡芙蓉5号私募证券投资基金"、"通怡芙蓉8号私募 证券投资基金"、"通怡芙蓉11号私募证券投资基金"）计划自预披露公告披露之日起15个交易日后的3个 月内通过集中竞价或大宗交易方式合计减持赢时胜股份不超过15,020,061股（占赢时胜总股本比例不超 过2%）。 ●交易简要内容 自预披露公告发布之日（2025年8月20日）起至本公告披露日，通怡投资所代表的上述私募证券投资基 金累计出售所持赢时胜股票810.9954万股（以下简称"本次出售资产"），出售金额合计约17,885.30万元 （人民币，下同）。经公司财务 ...

Key Points - Hang Seng Electronics has sold a total of 8.109954 million shares of Ying Shisheng A-shares [1][2] - Chuanfa Longmang's subsidiary plans to invest in a 100,000 tons/year lithium dihydrogen phosphate project [1] - Shenghui Integration's subsidiary in Vietnam has won a public system engineering project worth approximately 278 million yuan [1][2] - Jinlong Automobile intends to transfer 63.0757% of its equity in Suzhou Jinlong to the company [1][2] - Hunan Haili has completed the repurchase of 2.9996% of its shares [2] - Shengtun Mining has completed the repurchase of 1.8968% of its A-shares [1][2] - Yiwei Lithium Energy reported a net profit of 1.211 billion yuan for the third quarter, a year-on-year increase of 15.13% [1] - Lixin Micro's controlling shareholder Yijing Investment plans to reduce its stake by no more than 3.00% [1][2] - Shuangliang Energy plans to raise no more than 1.292 billion yuan through a private placement [1][2] - Kebo Da intends to issue convertible bonds to raise no more than 1.491 billion yuan [1][2]

Group 1 - The core point of the news is that Shanghai Tongyi Investment Management Co., representing several private equity funds, plans to reduce its holdings in Winshang (300377) by up to 15.02 million shares, which is no more than 2% of the total share capital, within three months after the announcement [1] - As of October 23, 2025, the aforementioned private equity funds have sold a total of 8.11 million shares of Winshang, amounting to approximately 179 million yuan, with an expected pre-tax profit of about 123 million yuan, representing 10% of the company's audited net profit for the most recent fiscal year [1][2] - After the sale, the total holdings of Hengsheng Electronics and its concerted action party, Tongyi Investment, in Winshang will be 89.31 million shares, accounting for 11.89% of the total share capital [2] Group 2 - Hengsheng Electronics initially acquired shares in Winshang in 2021, purchasing 54 million shares at a price of 7.18 yuan per share, totaling 388 million yuan, which represented 7.18% of Winshang's total share capital [2] - Prior to the recent sale, Hengsheng Electronics and its concerted action parties held a total of 97.43 million shares, which was 12.97% of Winshang's total share capital [2] - The company emphasizes its long-term investment philosophy and recognizes the investment value and management team of Winshang, indicating that the asset sale is aimed at optimizing its asset structure [2]