证券代码：601162 证券简称：天风证券 公告编号：2026-003号 天风证券股份有限公司 2025年年度业绩预盈公告 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： 天风证券股份有限公司（以下简称"公司"）预计2025年年度实现归属 于母公司所有者的净利润为人民币1.25亿元到1.85亿元，与上年同期（法定披露 数据）相比，将实现扭亏为盈。 公司2025年年度的经营业绩符合《上海证券交易所股票上市规则》第 5.1.1条中"（二）净利润实现扭亏为盈"的情形。 一、本期业绩预告情况 （一）业绩预告期间 1、经财务部门初步测算，预计2025年年度实现归属于母公司所有者的净利 润为人民币1.25亿元到1.85亿元，与上年同期相比，将实现扭亏为盈。 2、预计2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利 润为人民币1.38亿元到1.98亿元。 （三）本期业绩预告为公司初步测算数据，未经注册会计师审计。 二、上年同期经营业绩和财务状况 （一）利润总额：人民币507.64万元。归属于母公司所有者的净利润 ...

天风证券公告称，预计2025年年度归属于母公司所有者的净利润为1.25-1.85亿元，上年同期为-2970.91 万元，将实现扭亏为盈；扣非后净利润为1.38-1.98亿元。上年利润总额为507.64万元，扣非后净利润为 1373.78万元。业绩预盈主因是在控股股东支持下，公司把握市场机遇，投资收益增加。预告数据未经 审计，具体以年报为准。 ...

证券代码：601162 证券简称：天风证券 公告编号：2026-002号 天风证券股份有限公司 一、董事离任情况 ■ 注：公司第四届董事会于2024年5月17日任期届满。鉴于公司新一届董事会董事候选人的提名及相关工 作尚未完成，为保证公司董事会相关工作的连续性及稳定性，公司董事会的换届选举延期进行。在公司 董事会换届选举工作完成前，公司第四届董事会全体成员及高级管理人员根据法律法规和《公司章程》 的规定继续履行相应的职责和义务。 二、离任对公司的影响 根据《公司法》《公司章程》等有关规定，雷迎春女士的辞职不会导致公司董事会成员人数低于法定人 数，不会影响公司董事会的正常运行，雷迎春女士的辞职报告自送达董事会之日起生效并已按照规定做 好相关交接工作，不会影响公司的正常生产经营。 天风证券股份有限公司董事会 关于公司董事离任的公告 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。 天风证券股份有限公司（以下简称"公司"）董事会于近期收到雷迎春女士递交的书面辞职报告。因个人 原因，雷迎春女士申请辞去董事职务，辞职后不在公司担任任何职务 ...

每经头条（nbdtoutiao）——水贝黄金平台"杰我睿"兑付危机调查：40倍杠杆对赌，金价越涨平台越 亏！老板自称"还在深圳"，投资者：兑付方案本金打两折，无法接受 （记者 曾健辉） 每经AI快讯，天风证券1月29日晚间发布公告称，因个人原因，雷迎春女士申请辞去董事职务，辞职后 不在公司担任任何职务。 ...

证券代码：601162 证券简称：天风证券 公告编号：2026-002号 天风证券股份有限公司 | 姓名 | 离任职务 | 离任时间 | | 原定任期 | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 到期日 | | 股子公司任职 | （如适用） | 毕的公开 | | | | | | | | | | 承诺 | | 雷迎春 | 董事 | 2026 年 1 | | 至今（注） | 个人原因 | 否 | 不适用 | 否 | | | | 月 28 | 日 | | | | | | 注：公司第四届董事会于 2024 年 5 月 17 日任期届满。鉴于公司新一届董事会董 事候选人的提名及相关工作尚未完成，为保证公司董事会相关工作的连续性及稳 定性，公司董事会的换届选举延期进行。在公司董事会换届选举工作完成前，公 司第四届董事会全体成员及高级管理人员根据法律法规和《公司章程》的规定继 续履行相应的职责和义务。 二、离任对公司的影响 根据《公司法》《公司章程》 ...

南财智讯1月29日电，天风证券公告，公司董事会于近期收到雷迎春女士递交的书面辞职报告。因个人 原因，雷迎春女士申请辞去董事职务，辞职后不在公司担任任何职务。 ...

Group 1 - The National Equities Exchange and Quotations (NEEQ) announced the results of the market maker evaluation for Q4 2025, with 12 market makers receiving transaction fee exemptions for their outstanding performance [1] - Notable small and medium-sized brokerages are gaining a leading position in the competitive NEEQ market, with Northeast Securities, Kaiyuan Securities, and Shanghai Securities ranking in the top 5% and receiving full transaction fee exemptions [1] - The competitive landscape remained stable compared to Q3 2025, with Northeast Securities, Kaiyuan Securities, and Shanghai Securities maintaining their top positions, while Guotai Junan's ranking improved significantly [1] Group 2 - As of January 28, 59 brokerages are serving as market makers in the NEEQ, with Northeast Securities leading in the number of market-making stocks at 67 [2] - In Q4 2025, both Kaiyuan Securities and Northeast Securities achieved cumulative market-making transaction amounts exceeding 10 billion yuan, indicating strong trading activity [2] - The NEEQ market continues to expand, with 5,966 listed companies and a total share capital of 467.8 billion shares, providing ample business opportunities for brokerages [2] Group 3 - The growth in business demands from NEEQ companies, such as listings, supervision, and mergers, offers significant opportunities for brokerages, particularly smaller firms [3] - Brokerages can leverage the connection between NEEQ and the Beijing Stock Exchange to provide multi-tiered capital market services for technology-driven growth enterprises [3] - This strategy aims to enhance the market share and project quality of the Beijing Stock Exchange-related businesses, laying a foundation for sustained growth in investment banking performance [3]

Core Viewpoint - The evaluation results of market makers for the fourth quarter of 2025 have been released by the National Equities Exchange and Quotations (NEEQ), highlighting the performance and fee reduction qualifications of various securities firms [1][3]. Group 1: Market Maker Evaluation Results - Three securities firms, Northeast Securities, Kaiyuan Securities, and Shanghai Securities, ranked in the top 5% with a 100% fee reduction [2][3]. - Twelve market makers received fee reduction qualifications, with six firms in the 10%-20% ranking receiving a 50% fee reduction, including Huahuan Securities and Changjiang Securities [3]. - The rankings of some firms changed compared to the third quarter of 2025, with Guotai Haitong moving from the 10%-20% range to the 5%-10% range [4]. Group 2: Industry Trends and Strategies - The rankings of market makers show limited volatility over several quarters, indicating a stable competitive landscape among smaller firms, while larger firms maintain dominance in other areas [5]. - First Capital has focused on optimizing its market-making strategy in the New Third Board, enhancing its professional capabilities and providing liquidity to quality enterprises [5]. - As of June 2025, First Capital provided market-making services for nine enterprises, while CICC reported having 22 market-making enterprises, with 81.82% being innovative tier companies [5][6]. Group 3: Regulatory Framework and Future Directions - The evaluation guidelines for market makers have undergone multiple revisions, with the current version being from 2020, emphasizing the importance of market maker evaluations in improving market liquidity and price discovery [8]. - The NEEQ aims to continuously assess the implementation effects of the market maker system and optimize the evaluation incentive mechanism to promote the healthy development of the market maker system [8].

2026年1月26日，南亚新材披露接待调研公告，公司于1月21日至1月22日接待淡水泉投资、银河基金、 长盛基金、天风证券自营、首创证券、明河投资等41家机构调研。 调研情况显示，南亚新材目前在手订单良好，生产交付按计划有序推进。产能方面，公司已在上海嘉 定、江西吉安、江苏海门、泰国巴真投建或规划生产基地：上海N3工厂设计月产能80－90万张（含试 验线）；江西N4－N6工厂均已达产，设计月产能分别为100万张、120万张、120万张；江苏基地首个年 产360万平米高端IC封装材料智能工厂建设有序推进，预计2026年底试运行；泰国基地已购地并办理地 契，将视发展趋势推进投建。 公司高速产品布局国内外市场，海外技术推广团队已成立，认证进展顺利；M8及以下等级高速覆铜板 通过国内外多家终端客户认证，国内实现批量供应，2025年高速产品营收占比同比有望翻番，2026年销 量及营收将持续增长。IC载板领域，公司主攻类BT材料，存储类产品已量产，RF芯片产品处于打样阶 段预计2026年量产，江苏基地"年产360万平方米IC载板材料智能工厂"预计2026年底建成运行；ABF类 材料由参股公司江苏兴南创芯推进认证。 202 ...

Group 1 - The core viewpoint of the article highlights the continuation of the upward trend in the stock market since December 2025, with the Shanghai Composite Index approaching 4200 points, marking a new high for the phase [1][11] - China's GDP for the year 2025 reached the target of 140 trillion yuan, supported by various economic data indicating a stabilization and improvement in the domestic macroeconomic fundamentals [1][11] - The trading volume in both stock markets has been increasing, with a notable divergence in fund flows: while the issuance of equity mutual funds has decreased, margin financing has seen significant net inflows [1][11] Group 2 - The overall micro liquidity shows a substantial net inflow of margin financing, alongside a return of net inflows from southbound funds [2][12] - The issuance scale of equity mutual funds has decreased, with new issuance at 20.36 billion units, down 20.58% from the previous period [3][13] - Northbound trading activity has increased, with the proportion of northbound trading volume reaching 12.92%, up from 11.88% in the previous period [4][14] Group 3 - Margin financing has seen a significant net inflow of 189.95 billion yuan, marking a 406.04% increase compared to the previous net inflow of 37.54 billion yuan [5][15] - The net subscription of existing stock ETFs has turned into a net outflow of 143.63 billion yuan, contrasting with a net inflow of 31.23 billion yuan in the previous period [6][16] - The total equity financing scale has risen to 71.88 billion yuan, reflecting a 28.71% increase from the previous period's total of 55.85 billion yuan [7][18] Group 4 - The net reduction in industrial capital has widened to 31.54 billion yuan, compared to a net reduction of 17.44 billion yuan in the previous period [8][19] - The lock-up release scale has decreased to 213.88 billion yuan, down 14.25% from the previous period's 249.43 billion yuan [9][19] - Southbound funds have seen a net inflow of 38.31 billion yuan, reversing from a net outflow of 1.10 billion yuan in the previous period, indicating a positive shift in investor sentiment [10][20]