证券代码：600927 证券简称：永安期货 公告编号：2025-052 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： 会议召开时间：2025 年 9 月 16 日(星期二)上午 10:00-11:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 投 资 者 可 于 2025 年 9 月 16 日 前 访 问 网 址 https://eseb.cn/1reW821LnGw 或扫描下方小程序码进行会前提问， 公司将通过本次业绩说明会，在信息披露允许范围内就投资者普 遍关注的问题进行回答。 永安期货股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布 2025 年半年度报告，为便于广大投资者更全面深入 地了解公司的财务状况以及经营成果，公司定于 2025 年 9 月 16 日上午 10:00-11:00 召开 2025 年半年度业绩说明会，就投资者关 心的问题进行交流。 永安期货股份有限公司 关于召开 2025 年半年度业绩说明会的公告 二、参加人员 ...

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints No relevant content provided. 3. Summary by Related Catalogs Futures Contract Prices - The price of the BU main contract on September 4 was 3468, with a daily change of -82 and a weekly change of -3 [4][12][20]. - The prices of other contracts (BU06, BU09, BU12, BU03) also showed certain changes on September 4 compared to previous days [4][12][20]. Trading Volume and Open Interest - The trading volume on September 4 was 396,842, with a daily increase of 152,545 and a weekly increase of 96,736 [4][12][20]. - The open interest on September 4 was 464,569, with a daily decrease of 28,631 and a weekly increase of 84,140 [4][12][20]. Spot Market Prices - The market price in Shandong on September 4 was 3540, with a daily change of -10 and a weekly change of 20 [4][12][20]. - The market prices in other regions (East China, South China, North China, Northeast China) also had different changes [4][12][20]. Basis and Monthly Spread - The Shandong basis on September 4 was 72, with a daily increase of 72 and a weekly increase of 23 [4][12][20]. - The monthly spreads (03 - 06, 06 - 09, 09 - 12, 12 - 03) also showed different changes [4][12][20]. Crack Spread and Profit - The asphalt Brent crack spread on September 4 was 21, with a daily increase of 70 and a weekly increase of 88 [4][12][20]. - The profits of different types of refineries (ordinary refineries, Ma Rui - type refineries) and import profits also had various changes [4][12][20]. Related Commodity Prices - The price of Brent crude oil on September 4 was 67.6, with a daily change of -1.5 and a weekly change of -1.0 [4][12][20]. - The prices of gasoline, diesel, and residue oil in Shandong also showed different trends [4][12][20].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600927 证券简称：永安期货 公告编号：2025-051 永安期货股份有限公司 关于股份回购进展的公告 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： | 回购方案首次披露日 | 2025/6/5，由公司董事长黄志明先生提议 | | --- | --- | | 回购方案实施期限 | 2025年6月30日~2026年6月29日 | | 预计回购金额 | 0.5亿元~1亿元 | | 回购用途 | □用于转换公司可转债 □为维护公司价值及股东权益 | | 累计已回购股数 | 96.74万股 | | 累计已回购股数占总股本比例 | 0.066% | | 累计已回购金额 | 1,499.7182万元 | | 实际回购价格区间 | 14.59元/股~16.09元/股 | 一、回购股份的基本情况 永安期货股份有限公司（以下简称"公司"）于2025年6月3日，2025年6月30日分别召开第四届董事会第 十一次会议及2025年第一次临时股东大会，审议通过了《关于以集 ...

Company Overview - Yong'an Futures Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on September 7, 1992. The company was listed on December 23, 2021. Its main business includes commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, and fund sales [1][2]. Financial Performance - As of June 30, 2025, Yong'an Futures reported an operating income of 0.00 yuan and a net profit attributable to shareholders of 170 million yuan, representing a year-on-year decrease of 44.69% [2]. - The company has cumulatively distributed 1.006 billion yuan in dividends since its A-share listing, with 598 million yuan distributed over the past three years [3]. Stock Performance - On September 5, Yong'an Futures' stock price increased by 2.16%, reaching 15.15 yuan per share, with a trading volume of 61.61 million yuan and a turnover rate of 0.28%. The total market capitalization is 22.052 billion yuan [1]. - Year-to-date, the stock price has risen by 15.47%, but it has decreased by 3.07% over the last five trading days and by 0.79% over the last 20 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Yong'an Futures is 36,900, an increase of 8.88% from the previous period. The average number of circulating shares per person is 39,406, a decrease of 8.16% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 11.136 million shares, a decrease of 482,000 shares compared to the previous period, while Southern CSI 500 ETF holds 4.3662 million shares, an increase of 644,100 shares [3]. Business Segments - The main revenue composition of Yong'an Futures includes risk management services (92.67%), futures brokerage (5.05%), overseas business (1.98%), structured entities (0.55%), fund sales (0.25%), and asset management (0.12%) [1].

Group 1: Price Performance - London Gold price is 3556.20 with no change [2] - London Silver price is 40.86 with no change [2] - London Platinum price is 1376.00 with no change [2] - London Palladium price is 1111.00 with no change [2] - WTI Crude price is 63.97 with no change [2] - LME Copper price is 9910.00, down 60.50 [2] - US Dollar Index is 98.15 with no change [2] - Euro to US Dollar is 1.17 with no change [2] - British Pound to US Dollar is 1.34 with no change [2] - US Dollar to Japanese Yen is 148.11 with no change [2] - US 10 - year TIPS is 1.82 with no change [2] Group 2: Trading Data - COMEX Silver inventory is 16051.50 with no change [3] - SHFE Silver inventory is 1259.95, up 32.91 [3] - Gold ETF持仓 is 984.26 with no change [3] - Silver ETF持仓 is 15366.48 with no change [3] - SGE Silver inventory is 1281.86 with no change [3] - SGE Gold deferred fee payment direction is 2 with no change [3] - SGE Silver deferred fee payment direction is 2 with no change [3] Group 3: Other Information - There is a section about precious metal ratios [4] - The data sources for the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [7]

Core Viewpoint - The company, Yong'an Futures Co., Ltd., has initiated a share repurchase plan aimed at reducing registered capital and maintaining shareholder value, with a total repurchase amount expected to be between 50 million and 100 million RMB [1][2]. Summary by Sections 1. Basic Information on Share Repurchase - The share repurchase plan was first disclosed on June 5, 2025, proposed by Chairman Huang Zhiming [1]. - The implementation period for the repurchase is from June 30, 2025, to June 29, 2026 [1]. - The expected repurchase amount is between 50 million and 100 million RMB [1]. - The repurchase is intended to reduce registered capital [1]. - The total number of shares repurchased so far is 967,400 shares, accounting for 0.066% of the total share capital [1]. - The total amount spent on repurchases to date is approximately 14.997 million RMB [1]. - The actual repurchase price range is between 14.59 RMB/share and 16.09 RMB/share [1]. 2. Progress of Share Repurchase - As of September 4, 2025, the company has repurchased shares amounting to 0.023% of the total share capital [2]. - The highest purchase price recorded is 14.83 RMB/share, while the lowest is 14.59 RMB/share [2]. - The total amount paid for the repurchased shares is approximately 4.999 million RMB (excluding transaction fees) [2]. - The repurchase activities comply with relevant laws and regulations as well as the company's established repurchase plan [2]. 3. Other Matters - The company will adhere to the regulations outlined in the "Rules on Share Repurchase by Listed Companies" and the "Self-Regulatory Guidelines for Listed Companies" during the repurchase period [2].

（文章来源：证券日报） 证券日报网讯 9月4日晚间，永安期货发布公告称，2025年9月4日，公司通过集中竞价交易方式回购股 份340，600股，占公司总股本的比例为0.023%，购买的最高价为14.83元/股、最低价为14.59元/股，支 付的金额为4，998，687元（不含交易手续费）。截至2025年9月4日，公司通过集中竞价交易方式已累 计回购公司普通股967，400股，占公司总股本的比例为0.066%，回购的最高价为16.09元/股、最低价为 14.59元/股，已支付的资金总额为14，997，182元（不含交易手续费）。 ...

Core Viewpoint - The performance of A-share listed futures companies has been significantly impacted by changes in revenue recognition methods for trade-related businesses, leading to a decline in operating income for several firms [1][2]. Group 1: Revenue Performance - In the first half of the year, the operating revenues of Yong'an Futures, Nanhua Futures, and Hongye Futures were 5.557 billion, 1.101 billion, and 0.323 billion yuan respectively, showing declines of 54.12%, 58.27%, and 68.64% year-on-year [2]. - In contrast, Ruida Futures achieved an operating revenue of 1.047 billion yuan, representing a year-on-year increase of 4.49% [3]. Group 2: Profitability Analysis - Among the four futures companies, Ruida Futures reported a net profit attributable to shareholders of 228 million yuan, a significant increase of 66.49% year-on-year; Nanhua Futures reported a net profit of 231 million yuan, up 0.46%; Yong'an Futures saw a decline in net profit to 170 million yuan, down 44.69%; while Hongye Futures turned to a loss of 3.61 million yuan, a decrease of 128.17% [3]. - The overall profitability of the futures industry has increased, but individual company performances vary significantly, with some firms achieving substantial gains in asset management business [3]. Group 3: Market Activity and Competition - The Chinese futures market saw a notable increase in activity, with a total trading volume of 4.076 billion contracts and a trading value of 339.73 trillion yuan in the first half of the year, reflecting year-on-year growth of 17.82% and 20.68% respectively [4]. - Despite the growth in market size and overall trading volume, many futures companies did not see a corresponding increase in net income from fees and commissions, indicating intense competition within the industry [4]. Group 4: Interest Income Decline - Interest income, a significant component of futures brokerage revenue, has declined due to falling interest rates, with Hongye Futures experiencing the largest drop of 45.68% year-on-year; Nanhua Futures, Yong'an Futures, and Ruida Futures saw declines of 27.8%, 13.46%, and 8.42% respectively [5]. Group 5: Shift to New Business Models - In light of sluggish growth in traditional business, new business areas are becoming focal points for futures companies seeking growth [6]. - Ruida Futures reported a strong performance in asset management, with revenue from this segment reaching 121 million yuan, a year-on-year increase of 223.83% [7]. - Nanhua Futures is focusing on international business, with significant growth in overseas brokerage and asset management, including a total client equity of 177.68 billion HKD and 3.376 billion HKD respectively, both showing year-on-year increases [7]. Group 6: Industry Trends and Regulations - The futures industry faces severe competition characterized by homogenization of traditional business, prompting companies to innovate and seek differentiated competitive advantages [8]. - The China Futures Association has recently proposed new regulations to address issues of unfair competition in the brokerage business, which is expected to improve the competitive environment and enhance service quality in the industry [8].

Core Viewpoint - The performance of A-share listed futures companies in the first half of 2025 shows significant divergence, with only Ruida Futures achieving growth in both revenue and net profit, while others like Nanhua Futures, Yong'an Futures, and Hongye Futures faced declines or losses [1][2]. Group 1: Company Performance - The four listed futures companies collectively achieved a revenue of 8.027 billion yuan and a net profit of 625 million yuan in the first half of 2025 [1]. - Ruida Futures reported a revenue increase of 4.49% to 1.047 billion yuan and a net profit surge of 66.49% to 228 million yuan [2][4]. - Nanhua Futures experienced a revenue drop of 58.27% to 1.101 billion yuan, but a slight net profit increase of 0.46% to 231 million yuan [4]. - Yong'an Futures had the largest revenue of 5.556 billion yuan, but it declined by 54.12%, with a net profit decrease of 44.69% to 170 million yuan [4]. - Hongye Futures faced the most severe challenges, with a revenue drop of 68.64% to 323 million yuan and a net loss of 3.6056 million yuan, reflecting a 128.17% decline in net profit [4]. Group 2: Industry Trends - The futures industry is undergoing a transformation from a "channel dividend" era to a "service and capital dividend" phase, necessitating core competencies in specialization, technology, and internationalization for companies to succeed [1][3]. - Despite the poor performance of A-share listed futures companies, the overall futures industry showed optimism, with a net profit of 5.074 billion yuan and a revenue of 18.676 billion yuan, reflecting a year-on-year growth of 32% and 3.89%, respectively [2][3]. - The decline in revenue for many A-share listed companies is attributed to the impact of the "net amount method" of accounting, which has particularly affected those focused on trade [2][3].

证券代码：600927 证券简称：永安期货 公告编号：2025-051 永安期货股份有限公司 关于股份回购进展的公告 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： 二、回购股份的进展情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关 要求，现将回购股份的进展情况公告如下： 2025 年 9 月 4 日，公司通过集中竞价交易方式回购股份 340,600 股，占公司 总股本的比例为 0.023%，购买的最高价为 14.83 元/股、最低价为 14.59 元/股， 支付的金额为 4,998,687 元（不含交易手续费）。 截至 2025 年 9 月 4 日，公司通过集中竞价交易方式已累计回购公司普通股 967,400 股，占公司总股本的比例为 0.066%，回购的最高价为 16.09 元/股、最低 价为 14.59 元/股，已支付的资金总额为 14,997,182 元（不含交易手续费）。 上述回购符合相关法律法规的规定及公司既定的回购股份方案。 三、其他事项 公司将严格按照《上市公司股份回 ...