分红方面，翠微股份A股上市后累计派现6.25亿元。近三年，累计派现0.00元。 资料显示，北京翠微大厦股份有限公司位于北京市海淀区复兴路33号，成立日期2003年1月23日，上市 日期2012年5月3日，公司主营业务涉及百货零售业务,第三方支付服务。主营业务收入构成为：第三方 支付68.29%，商品销售25.88%，租赁业务5.43%，其他业务0.41%。 截至9月30日，翠微股份股东户数8.89万，较上期减少20.77%；人均流通股7340股，较上期增加 26.22%。2025年1月-9月，翠微股份实现营业收入17.10亿元，同比增长0.86%；归母净利润-3.11亿元， 同比增长17.99%。 2月25日，翠微股份涨4.03%，成交额5.51亿元。两融数据显示，当日翠微股份获融资买入额4223.72万 元，融资偿还3288.44万元，融资净买入935.28万元。截至2月25日，翠微股份融资融券余额合计2.32亿 元。 融资方面，翠微股份当日融资买入4223.72万元。当前融资余额2.31亿元，占流通市值的2.64%，融资余 额超过近一年50%分位水平，处于较高位。 融券方面，翠微股份2月25日融券偿还97 ...

Group 1 - The core viewpoint of the news is that Cuiwei Co., Ltd. has seen a stock price increase of 5.03%, reaching 13.56 yuan per share, with a total market capitalization of 10.831 billion yuan [1] - Cuiwei Co., Ltd. was established on January 23, 2003, and listed on May 3, 2012. The company is primarily engaged in department store retail and third-party payment services [1] - The revenue composition of Cuiwei Co., Ltd. includes 68.29% from third-party payment services, 25.88% from product sales, 5.43% from leasing, and 0.41% from other businesses [1] Group 2 - Among the top ten circulating shareholders of Cuiwei Co., Ltd., the Huabao Fund's Huabao CSI Financial Technology Theme ETF (159851) increased its holdings by 3.3465 million shares in the third quarter, now holding 6.5845 million shares, which is 1.01% of the circulating shares [2] - The Huabao CSI Financial Technology Theme ETF (159851) was established on March 4, 2021, with a current scale of 10.084 billion yuan. It has experienced a loss of 2.04% this year, ranking 5260 out of 5570 in its category, and a return of 0.67% over the past year, ranking 4055 out of 4305 [2] - The fund manager of Huabao CSI Financial Technology Theme ETF, Chen Jianhua, has a cumulative tenure of 13 years and 69 days, with the fund's total asset scale at 25.606 billion yuan. The best return during his tenure is 184.53%, while the worst is -49.65% [3]

Investment Rating - The report assigns an "Overweight" rating for the financial technology sector [4]. Core Insights - The domestic large model products and marketing have shown highlights, benefiting related financial technology stocks. The overseas RWA regulation has become clearer, and financial information regulation is tightening. Compliant financial institutions are expected to benefit more [2]. Summary by Sections 1. AI - From February 2 to February 20, 2026, the financial technology index decreased from 3116.08 to 3093.77, with a return of -0.72%. The Hong Kong financial technology index fell by 3.48% during the same period. Financial IT and third-party payment sectors performed well due to increased marketing efforts of major AI models and new regulations on virtual currencies [7][8]. 2. Overseas RWA Regulation - **2.1 Financial IT**: On February 6, the People's Bank of China and eight departments issued a notice to prevent risks related to virtual currencies and clarified the RWA regulatory framework for overseas issuance [12][13]. - **2.2 Financial Information Services**: On February 9, the Shanghai and Shenzhen Stock Exchanges announced optimized refinancing measures, benefiting high-quality R&D enterprises [14]. - **2.3 Third-party Payment**: New scenarios for digital currency have emerged, and the concentration of licenses in the third-party payment sector is accelerating [16]. - **2.4 Consumer Finance**: The head effect is evident, with a focus on promoting domestic demand through consumer finance [18]. 3. Individual Company News and Announcements - **3.1** Lakala is accelerating the development of intelligent payment through MOSS, while Tonghuashun's vertical model has gained high usage rates among brokers [19]. - **3.2** ST Rendo's net assets are expected to turn positive, and Jiufang Zhitu has initiated a stock buyback [21]. 4. Investment Recommendations - Digital RMB is expanding its application scenarios, indicating significant growth potential. AI is driving the upgrade of financial services, presenting new investment opportunities. Recommended core companies include: 1. Financial IT firms benefiting from digital currency upgrades: Changliang Technology, Yuxin Technology, Zhongke Software, and New Zhiyuan Software [24][28]. 2. Financial information service companies focusing on intelligent investment research: Jiufang Zhitu, Tonghuashun, and Dongfang Caifu [24][28]. 3. Payment institutions adapting to digital currency functionalities: Lakala, Yika, and Lianlian Digital [24][28]. 4. Consumer finance companies leveraging intelligent customer service and marketing: Yixin Group and Qifu Technology [24][28].

Group 1: Stock Performance - The stock price of Cuiwei Co., Ltd. has shown volatility, closing at 13.54 CNY per share on February 11, 2026, with a daily increase of 2.03% and a trading volume of 283 million CNY, although there was a net outflow of main funds [2] - Over the past 20 trading days, the stock price has decreased by 9.13%, while it has increased by 11.62% over the last 60 trading days [2] Group 2: Financial Performance - The company expects a net profit attributable to shareholders of -490 million CNY to -450 million CNY for the year 2025, indicating a reduction in losses compared to the previous year, where losses ranged from 687 million CNY to 727 million CNY [3] - For the third quarter of 2025, the company's revenue was 1.71 billion CNY, a year-on-year increase of 0.86%, but the net profit attributable to shareholders was -311 million CNY [5] Group 3: Industry Environment - In November 2025, Beijing introduced a consumption stimulus plan, which may indirectly benefit Cuiwei Co., Ltd.'s department store business due to improved consumer environment and trends in service consumption upgrades [4] - The company's involvement in mobile payment concepts is also aligned with policy trends in the digital economy sector [4] Group 4: Shareholder Structure - As of September 30, 2025, the number of shareholders was 88,900, a decrease of 20.77% from the previous period [6] - Institutional holdings saw an increase from Huabao Zhongzheng Financial Technology Theme ETF in the third quarter, while Hong Kong Central Clearing Limited (through Stock Connect) reduced its holdings [6]

证券代码：603123 证券简称：翠微股份 公告编号：临2026-002 债券代码：188895 债券简称：21翠微01 北京翠微大厦股份有限公司 关于控股股东向公司全资子公司提供借款的公告 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。 一、借款事项概述 （一）基本情况 翠微集团为公司控股股东，上述事项构成关联交易。根据《上海证券交易所股票上市规则》（2025年4 月修订）第 6.3.18 条规定，关联人向上市公司提供资金，利率水平不高于贷款市场报价利率，且上市公 司无需提供担保，上市公司可以免于按照关联交易的方式审议和披露。根据《公司章程》规定，本次事 项需提交董事会审议，无需提交股东会审议。 （三）董事会审议情况 2026年2月9日，公司召开第八届董事会第四次会议审议通过了《关于控股股东向公司全资子公司提供借 款的议案》，表决结果：同意 9票，反对 0 票，弃权 0 票。 二、关联方介绍 翠微集团是海淀区国资委所属国有独资有限责任公司，法定代表人匡振兴，注册资本472.328.9994万 元，住所：北京市海淀区复兴路33 ...

| 证券代码：603123 债券代码：188895 | | --- | | 债券简称：21 | | 翠微 01 | | 证券简称：翠微股份 公告编号：临 2026-002 | 北京翠微大厦股份有限公司 关于控股股东向公司全资子公司提供借款的公告 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。 一、借款事项概述 出借方：北京翠微集团有限责任公司 借款方：北京当代商城有限责任公司 （一）基本情况 为满足北京翠微大厦股份有限公司（以下简称"公司"）全资子公司北京当 代商城有限责任公司（以下简称"当代商城"）中关村店城市更新项目的资金需 求，公司控股股东北京翠微集团有限责任公司（以下简称"翠微集团"）向当代 商城提供借款，借款金额 4.35 亿元，借款利率 2.5%/年，借款期限自 2026 年 2 月 10 日至 2028 年 2 月 9 日。公司无需提供担保。 （二）关联交易豁免情况 翠微集团为公司控股股东，上述事项构成关联交易。根据《上海证券交易所 股票上市规则》（2025 年 4 月修订）第 6.3.18 条规定，关联人向上市 ...

Core Viewpoint - Cuiwei Co., Ltd. announced a projected net loss for the year 2025, estimating a loss of between 490 million to 450 million yuan, which represents an improvement compared to the previous year's loss of 687 million yuan [1] Financial Performance - The company expects a net profit attributable to shareholders, excluding non-recurring gains and losses, to be between 530 million to 490 million yuan, a reduction in loss from 681 million yuan in the same period last year [1] Reasons for Performance - The primary reasons for the anticipated loss include: - The company's subsidiary, Beijing Haike Rongtong Payment Service Co., Ltd., faced losses due to intense competition in the acquiring industry and a decline in gross profit margins [1] - The retail business experienced a drop in sales revenue due to market environment impacts, leading to reduced overall gross profit and operational losses in retail. Additionally, the company adjusted the recognition amount of deferred tax assets based on the current market conditions, which affected the net profit for the period [1]

Group 1 - The company expects to achieve a net profit attributable to shareholders of the listed company in 2025 ranging from -490 million to -450 million yuan [1] - This represents a reduction in losses compared to the same period last year, with an improvement of 197 million to 237 million yuan [1]

Core Viewpoint - Cuiwei Co., Ltd. (603123.SH) expects to achieve a net profit attributable to shareholders of the listed company ranging from -490 million to -450 million yuan for the year 2025, indicating a reduction in losses compared to the same period last year by 197 million to 237 million yuan [1] Financial Performance - The projected net profit for 2025 is estimated to be between -490 million and -450 million yuan [1] - The expected reduction in losses compared to the previous year is between 197 million and 237 million yuan [1]

| 证券代码：603123 | 证券简称：翠微股份 | | 公告编号：临 2026-001 | | --- | --- | --- | --- | | 债券代码：188895 | 债券简称：21 | 翠微 01 | | 1、经财务部门初步测算，公司预计 2025 年年度实现归属于上市公司股东的 净利润为-4.9 亿元到-4.5 亿元。 2、预计 2025 年年度实现归属于上市公司股东的扣除非经常性损益的净利润 为-5.3 亿元到-4.9 亿元。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 北京翠微大厦股份有限公司 2025 年年度业绩预亏公告 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、上年同期业绩情况 （一）利润总额：-6.41 亿元。归属于上市公司股东的净利润：-6.87 亿元。 归属于上市公司股东的扣除非经常性损益的净利润：-6.81 亿元。 （二）每股收益：-0.91 元。 三、本期业绩预亏的主要原因 1、公司控股子公司北京海科融 ...