Core Viewpoint - The company expects a net profit attributable to shareholders for the year 2025 to be between -4.90 billion and -4.50 billion, indicating a reduction in losses compared to the previous year [1] Group 1: Financial Performance - The anticipated net profit loss represents an improvement of 1.97 billion to 2.37 billion compared to the same period last year [1] - The primary reason for the expected loss is the operational losses from the company's subsidiary, Beijing Haike Rontong Payment Service Co., Ltd., due to intense market competition and declining gross margins in the acquiring industry [1] Group 2: Retail Business Impact - The retail business has been adversely affected by the market environment, leading to a decline in sales revenue and a reduction in overall gross profit, which has resulted in operational losses for this segment [1] - In response to the current market conditions affecting the retail business, the company has adjusted the recognition amount of deferred tax assets, which has also impacted the net profit for the reporting period [1]

Core Viewpoint - The company expects a significant net loss for the year 2025, with projected losses ranging from 4.5 billion to 4.9 billion yuan for net profit attributable to shareholders [1] Group 1: Financial Projections - The estimated net profit attributable to shareholders for 2025 is projected to be between -4.9 billion yuan and -4.5 billion yuan [1] - The expected net profit attributable to shareholders, excluding non-recurring gains and losses, is forecasted to be between -5.3 billion yuan and -4.9 billion yuan [1] Group 2: Business Performance - The retail business is experiencing a decline in sales revenue due to market environment impacts, leading to reduced overall gross profit and operational losses [1] - The company has adjusted the recognition amount of deferred tax assets in response to the current market conditions affecting the retail business, which has impacted the net profit for the current period [1]

Group 1 - On January 15, Cuiwei Co., Ltd. experienced a 5.50% decline in stock price with a trading volume of 824 million yuan [1] - The financing data for January 15 shows a total financing buy of 50.72 million yuan and a net financing buy of 5.48 million yuan, with a total financing and securities balance of 270 million yuan [1] - The current financing balance of 269 million yuan accounts for 2.93% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - As of September 30, the number of shareholders for Cuiwei Co., Ltd. is 88,900, a decrease of 20.77% from the previous period, while the average circulating shares per person increased by 26.22% to 7,340 shares [2] - For the period from January to September 2025, Cuiwei Co., Ltd. reported a revenue of 1.71 billion yuan, a year-on-year increase of 0.86%, but a net profit attributable to shareholders of -311 million yuan, reflecting a year-on-year growth of 17.99% [2] - Since its A-share listing, Cuiwei Co., Ltd. has distributed a total of 625 million yuan in dividends, with no dividends paid in the last three years [2]

Important Matters - Pritchard has achieved a significant breakthrough in LCP film technology, being the only company in China to do so, and is collaborating with overseas clients for applications in brain-computer interfaces [1] - Zhongtian Rocket's small guided rocket products primarily serve military trade, with product gross margins fluctuating between 35% and 40% [1] - CIMC's subsidiary is providing liquid oxygen storage tanks and other equipment in the commercial aerospace sector, with expected revenue and orders exceeding 100 million yuan by 2025 [1] - Gaode Infrared is supplying infrared detector cores for commercial aerospace and satellite applications [1] - Zhongfu Shenying's M55J-grade carbon fiber is undergoing application verification in satellite structural components [1] Investment and Operations - Dazhong Mining plans to invest 3.688 billion yuan in a 20 million tons per year lithium mining and selection project [1] - Zhongkuang Resources has commenced trial production for a high-purity lithium salt project with an annual output of 30,000 tons [1] - Cuiwei Co., Ltd. has indirectly invested 150 million yuan in Super Fusion through its subsidiary fund [1] - Huagong Technology has launched a self-developed silicon photonic chip for 1.6T optical modules [1] - Gaomei Co., Ltd. has formed small batch orders for composite tungsten wire tendon ropes [1] - Xinlitai's innovative drug SAL0145 injection has had its clinical trial application accepted [1] - Hengrui Medicine's innovative drug Rilaforpu α injection has been approved for market launch, with no similar products approved domestically or internationally [1] - Yifan Pharmaceutical's wholly-owned subsidiary has received a registration acceptance notice for Yihuang Decoction granules, with no similar products from the same prescription available domestically [1] Partnerships and Collaborations - Taisheng Wind Power has formed strategic partnerships with multiple arrow manufacturers [2] - Guangqi Technology's subsidiary has signed batch production contracts totaling 264 million yuan for metamaterials with four clients [2] - Lingyi Intelligent Manufacturing has reached a strategic cooperation agreement with Qiangnao Technology [2] Performance - Zhongke Lanyun expects a net profit increase of 367%-377% year-on-year in 2025, driven by significant fair value changes from investments in Moer Thread and Muxi Co., Ltd. [2] - Kangchen Pharmaceutical anticipates a net profit increase of 243%-315% year-on-year in 2025 [2] - Chuanjinno expects a net profit increase of 144%-173% year-on-year in 2025 [2] - Beifang Navigation forecasts a net profit increase of 86.32%-137.14% year-on-year in 2025 [2]

Brain-Computer Interface - Daoshih Technology has strategically invested in Qiangnao Technology [1] - Lingyi Zhi Zao has reached a strategic cooperation agreement with Qiangnao Technology [1] Commercial Aerospace - Taisheng Wind Power is collaborating with multiple complete rocket manufacturers [1] - Tianqi Mould has obtained supplier qualifications from COMAC and XAC for its aviation products [1] - Guotai Group's Xinyu Guotai has achieved stable mass production of small solid rocket engines [1] - Gaode Infrared's products are applied in commercial aerospace and satellite-mounted infrared detector cores [1] Other Developments - Cuiwei Co., Ltd. has indirectly invested 150 million yuan in Super Fusion through its fund [1] - AVIC Optoelectronics has developed mature interconnection solutions for the robotics sector [1] - Gaomei Co., Ltd. has formed small batch orders for composite tungsten wire tendon ropes [1] - Huagong Technology is actively laying out business directions in embodied intelligence, focusing on torque and tactile sensor products [1] - Zhongfu Shenying's M55J carbon fiber is undergoing application verification in satellite structural components [1]

翠微股份在互动平台表示，公司投资的翠微新生活基金通过海南尔海私募股权投资基金合伙企业(有限 合伙)间接投资约1.5亿元于超聚变数字技术有限公司。 ...

Market Overview - The general retail sector experienced a decline of 0.36% on January 7, with Cuiwei Co. leading the drop [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Stock Performance - Notable gainers in the general retail sector included: - Youa Co. (002277) with a closing price of 7.85, up 9.94% and a trading volume of 899,900 shares, totaling 6.91 billion yuan [1] - Shanghai Jiubai (600838) closed at 12.60, up 7.05% with a trading volume of 1,061,900 shares, totaling 13.37 billion yuan [1] - New World (600628) closed at 8.45, up 5.23% with a trading volume of 546,400 shares, totaling 4.55 billion yuan [1] Fund Flow Analysis - The general retail sector saw a net outflow of 346 million yuan from institutional investors, while retail investors contributed a net inflow of 145 million yuan [2] - The top stocks by net inflow from retail investors included: - Youa Co. with a net outflow of 91.06 million yuan from retail investors [3] - Shanghai Jiubai with a net outflow of 5.84 million yuan from retail investors [3] - New World with a net outflow of 3.12 million yuan from retail investors [3]

证券之星消息，1月6日一般零售板块较上一交易日上涨1.69%，上海九百领涨。当日上证指数报收于 4083.67，上涨1.5%。深证成指报收于14022.55，上涨1.4%。一般零售板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600838 | 上海九百 | 11.77 | 10.00% | 74.34万 | | 8.48亿 | | 601933 | 永辉超市 | 4.96 | 6.21% | 911.28万 | | 43.98 Z | | 603123 | 翠微股份 | 16.02 | 5.88% | 147.47万 | | 23.01亿 | | 600280 | 中央商场 | 4.10 | 5.40% | 127.26万 | | 5.10亿 | | 603101 | 汇嘉时代 | 10.28 | 5.01% | 23.60万 | | 2.40亿 | | 002187 | 广百股份 | 7.70 | 4.05% | 69.25万 | | 5.23亿 | | ...

Group 1 - The core viewpoint of the news is that Cuiwei Co., Ltd. has seen a significant increase in its stock price, rising by 5.02% to reach 15.89 yuan per share, with a trading volume of 1.897 billion yuan and a turnover rate of 18.77%, resulting in a total market capitalization of 12.692 billion yuan [1] - Cuiwei Co., Ltd. is primarily engaged in retail and third-party payment services, with its main business revenue composition being 68.29% from third-party payments, 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 a total of 6.5845 million shares, which accounts for 1.01% of the circulating shares [2] - The Huabao CSI Financial Technology Theme ETF (159851) has a current scale of 12.319 billion yuan, with a year-to-date return of 0.71%, ranking 4824 out of 5490 in its category, and a one-year return of 31.5%, ranking 2335 out of 4193 [2] Group 3 - The fund managers of the Huabao CSI Financial Technology Theme ETF are Chen Jianhua and Cao Xucheng, with Chen having a cumulative tenure of 13 years and 19 days and a total fund asset scale of 27.702 billion yuan, achieving a best fund return of 175.25% during his tenure [3] - Cao Xucheng has a cumulative tenure of 230 days with a total fund asset scale of 35.182 billion yuan, achieving a best fund return of 114.54% during his tenure [3]

Market Overview - On January 5, the Shanghai Composite Index rose by 1.38%, with the total margin trading balance reaching 25,606.48 billion yuan, an increase of 199.66 billion yuan compared to the previous trading day [1] - The margin trading balance in the Shanghai market was 12,886.02 billion yuan, up by 86.86 billion yuan, while the Shenzhen market's balance was 12,639.08 billion yuan, increasing by 111.09 billion yuan [1] Industry Analysis - Among the industries tracked by Shenwan, 27 sectors saw an increase in margin trading balances, with the electronics sector leading, increasing by 33.50 billion yuan [1] - Other notable sectors included non-ferrous metals and machinery equipment, which saw increases of 25.87 billion yuan and 23.70 billion yuan, respectively [1] Stock Performance - A total of 2,310 stocks experienced an increase in margin trading balances, accounting for 61.34% of the market, with 537 stocks showing an increase of over 5% [1] - The stock with the highest increase in margin trading balance was Jinhao Medical, which saw a balance of 28.89 million yuan, up by 524.19% from the previous trading day, and its stock price rose by 20.03% [1] - Other significant performers included Henghe Co. and Zhite New Materials, with increases of 105.36% and 67.98% in margin trading balances, respectively [1] Top Gainers in Margin Trading - The top 20 stocks with the highest increase in margin trading balances averaged a rise of 7.48%, with Zhite New Materials, Jinhao Medical, and Xice Testing leading with increases of 20.04%, 20.03%, and 20.00%, respectively [2] Decliners in Margin Trading - In contrast, 1,456 stocks saw a decrease in margin trading balances, with 178 stocks declining by more than 5% [4] - The stock with the largest decrease was Cuiwei Co., with a margin trading balance of 30.6 million yuan, down by 30.18% [5] - Other notable decliners included Southern Pump Industry and Tianming Technology, with decreases of 23.67% and 23.22%, respectively [4]