特此公告。 财通证券股份有限公司董事会 关于聘任总经理的公告 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。 2025年10月29日，财通证券股份有限公司（以下简称"公司"）召开第四届 董事会第二十五次会议，审议通过了《关于审议聘任总经理的议案》，会议同意 聘任应朝晖先生（简历详见附件）为公司总经理，任期自董事会审议通过之日起 至本届董事会届满时止。 应朝晖先生具备担任公司总经理所必需的履职能力、专业能力、从业经历等 相关任职条件，不存在《公司法》《证券基金经营机构董事、监事、高级管理人 员及从业人员监督管理办法》《公司章程》等规定的不得担任高级管理人员的情 形。应朝晖先生未持有公司股份，与控股股东、实际控制人和公司其他董事、监 事和高级管理人员无关联关系，从未受过中国证监会及其他有关部门的处罚和证 券交易所惩戒。 证券代码：601108 证券简称: 财通证券 公告编号：2025-065 财通证券股份有限公司 2025年10月29日 附件 应朝晖先生，1976 年 3 月出生，工商管理硕士，中国国籍，无境外永久居 留权，曾任浙 ...

证券代码：601108 证券简称：财通证券 公告编号：2025-066 财通证券股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 04 日 （星期二） 至 11 月 10 日 （星 期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过公司邮箱 ir@ctsec.com 进行提问。公司将在说明会上对投资 者普遍关注的问题进行回答。 财通证券股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入 地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 11 日 （星期二） 15:00-16:00 举行 2025 年第三季度业绩 说明会，就投资者关心的问题进行交流。 一、 说明会类型 会议召开时间： ...

表决结果：5 票同意，0 票反对，0 票弃权。 监事会认为：公司 2025 年第三季度报告的编制和审议程序符合法律、法规、 公司《章程》及公司内部管理制度的各项规定，公司 2025 年第三季度报告的内 容和格式符合中国证券监督管理委员会和上海证券交易所的各项规定，报告内容 真实、准确、完整地反映了上市公司的实际情况，不存在任何虚假记载、误导性 陈述或者重大遗漏。在提出本意见前，未发现参与 2025 年第三季度报告编制和 审议的人员有违反保密规定的行为。 特此公告。 财通证券股份有限公司 第四届监事会第十三次会议决议公告 本公司监事会及全体监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。 财通证券股份有限公司（以下简称"公司"）第四届监事会第十三次会议通知 于 2025 年 10 月 25 日以电子邮件的形式发出，会议于 2025 年 10 月 29 日在公司 总部以现场结合视频会议的方式召开。本次会议应出席监事 5 名，实际出席监事 5 名，其中监事会主席叶笃银先生通过视频方式出席。本次会议由监事会主席叶 笃银先生召集和主持。本次会议的召集召开符 ...

《2025 年第三季度报告》刊登在《中国证券报》《上海证券报》《证券时 报》《证券日报》及上海证券交易所网站（www.sse.com.cn）。 证券代码：601108 证券简称：财通证券 公告编号：2025-063 财通证券股份有限公司 第四届董事会第二十五次会议决议公告 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。 财通证券股份有限公司（以下简称"公司"）第四届董事会第二十五次会议通 知于 2025 年 10 月 25 日以电话和电子邮件等方式发出，会议于 2025 年 10 月 29 日以现场结合通讯方式召开。本次会议应出席董事 10 人，实际出席董事 10 人， 其中董事长章启诚先生以通讯表决方式出席，董事陈丽英女士、独立董事贲圣林 先生以视频方式出席。经全体董事一致推举，会议由董事郑联胜先生主持，公司 监事和高级管理人员列席，会议的召集、召开符合《公司法》、公司《章程》和 《董事会议事规则》的有关规定，本次会议审议并通过以下议案： 一、审议通过《关于审议 2025 年第三季度报告的议案》 表决结果：10 票赞成，0 ...

Core Insights - Financial institutions are increasingly focusing on collaboration between finance and technology to drive high-quality development in various industries [1] Group 1: Strategic Partnerships - Caixin Securities and China Economic Information Service signed a strategic cooperation agreement to leverage their strengths in financial information services and brand influence [1] - The partnership aims to create new scenarios for "finance + media" through resource sharing and complementary advantages [1] Group 2: Company Profiles - Caixin Securities is a leading national comprehensive securities firm with a wide range of services including wealth management, investment banking, and asset management [1] - China Economic Information Service is a prominent economic information service provider in China, responsible for economic information collection, product production, marketing, and user services [1] Group 3: Event Overview - The forum titled "Finance Towards New Intelligence Future - Financial and Technological Empowerment for High-Quality Industrial Development" was held as part of the 2025 Financial Street Forum Annual Meeting [1] - The event was organized by several key financial regulatory bodies and institutions, highlighting the importance of collaboration in the financial sector [1]

财通证券股份有限公司 2025 年第三季度报告 证券代码：601108 证券简称：财通证券 财通证券股份有限公司 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 公司董事会及董事、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 导性陈述或者重大遗漏，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 | 2,103,350,804.91 | 48.58 ...

财通证券10月29日公告，2025年第三季度实现营业收入21.03亿元，同比增长48.58%；归属于上市公司 股东的净利润9.54亿元，同比增长75.10%；基本每股收益0.21元。前三季度实现营业收入50.63亿元，同 比增长13.99%；归属于上市公司股东的净利润20.38亿元，同比增长38.42%；基本每股收益0.44元。 ...

Core Insights - The company reported a third-quarter revenue of 2.103 billion, representing a year-on-year increase of 48.58% [1] - The net profit for the third quarter was 954 million, showing a year-on-year growth of 75.10% [1] - For the first three quarters, the total revenue reached 5.063 billion, with a year-on-year increase of 13.99% [1] - The net profit for the first three quarters was 2.038 billion, reflecting a year-on-year growth of 38.42% [1]

Group 1 - Core viewpoint: Alibaba-W (09988) is consolidating its competitive advantage in e-commerce and cloud computing with AI as the core driver, opening up long-term growth opportunities. The company is expected to achieve revenue of 1,034.6 billion, 1,129.3 billion, and 1,254.8 billion yuan for the fiscal years 2026-2028, with Non-GAAP net profit of 97.5 billion, 164 billion, and 197.7 billion yuan respectively, receiving a "buy" rating from the brokerage [1] - Diversification shift towards strategic focus on core business: Alibaba is refocusing on its core business after a period of diversification, enhancing competitiveness in response to changing consumer environments and market competition. The company plans to invest over 380 billion yuan in AI and cloud infrastructure from 2025 to 2027, accelerating the application and industrialization of AI technology in core scenarios [1] Group 2 - New e-commerce growth curve through near-far field synergy: The company has restructured into four major departments, integrating Ele.me and Taobao Flash Purchase into the instant retail business. This adjustment aims to create effective complementarity between instant retail and far-field e-commerce, with Taobao Flash Purchase expected to drive user engagement. The brokerage anticipates a 2-3% positive impact on CMR revenue from instant retail cross-selling in Q3 2025, with a long-term contribution of 5-10% [2] Group 3 - AI reshaping cloud valuation with significant full-stack service advantages: The new technology cycle driven by AI is benefiting leading cloud providers, who have advantages in funding, data, application scenarios, and engineering talent. The brokerage believes that cloud business revenue growth will accelerate due to increasing AI demand. Alibaba Cloud's full-stack layout, which includes foundational AI infrastructure, model series, and industry solutions, enhances its pricing power for AI PaaS services compared to basic computing power leasing [3]

Core Viewpoint - Alibaba-W (09988) is positioned as a leading player in the domestic e-commerce and cloud computing sectors, leveraging AI as a core driver to solidify its competitive advantage and unlock long-term growth potential [1] Group 1: Strategic Focus - The company is shifting its strategic focus from diversified expansion back to core business areas, enhancing competitiveness in response to changing consumer environments and market competition [2] - Alibaba plans to invest over 380 billion yuan cumulatively in AI and cloud infrastructure from fiscal years 2025 to 2027, accelerating the deep application and industrialization of AI technology in e-commerce and cloud computing [2] Group 2: E-commerce Growth - The company has restructured into four main departments, integrating Ele.me and Taobao Flash Purchase into an instant retail business, which will complement long-distance e-commerce [3] - The restructuring aims to maximize business synergy, with the expectation that cross-selling from instant retail will contribute 2-3% to CMR revenue in Q3 2025, and potentially 5-10% in the long term [3] Group 3: Cloud Valuation and AI Integration - AI is driving a new technological cycle, with leading cloud providers benefiting from advantages in funding, data, application scenarios, and engineering talent [4] - Alibaba Cloud's comprehensive layout, which includes foundational AI infrastructure, model platforms, and upper-layer applications, enhances its pricing power in AI PaaS services, indicating significant profit potential in AI and cloud integration [4]