Financial Performance - The company's operating revenue for Q1 2025 was ¥54,903,476.57, a decrease of 22.72% compared to ¥71,046,221.35 in the same period last year[4] - Net profit attributable to shareholders was ¥46,494,495.17, down 7.37% from ¥50,192,583.10 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥26,424,953.02, reflecting a significant decline of 37.00% compared to ¥41,944,349.94 in the previous year[4] - The net cash flow from operating activities decreased by 35.48% to ¥7,003,028.12 from ¥10,853,625.56 in the same period last year[4] - Total revenue for Q1 2025 was CNY 54,903,476.57, a decrease of 22.5% compared to CNY 71,046,221.35 in Q1 2024[17] - Operating profit for Q1 2025 was approximately $51.19 million, compared to $56.08 million in Q1 2024, indicating a decrease of about 8.3%[18] - Total comprehensive income for Q1 2025 was approximately $46.36 million, down from $50.21 million in Q1 2024, reflecting a decrease of about 7.4%[19] - Basic and diluted earnings per share for Q1 2025 were both $0.25, compared to $0.27 in Q1 2024, a decrease of about 7.4%[19] Operating Costs and Expenses - Total operating costs for Q1 2025 were CNY 29,089,906.84, slightly increased from CNY 28,993,281.89 in Q1 2024[17] - Operating costs in Q1 2025 included CNY 10,217,143.85 for cost of goods sold, down 23.8% from CNY 13,375,178.63 in Q1 2024[17] - Research and development expenses totaled ¥19,072,897.24, accounting for 34.74% of operating revenue, an increase of 7.27 percentage points from 27.47% year-on-year[4] - R&D expenses for Q1 2025 were approximately $19.07 million, a slight decrease from $19.52 million in Q1 2024, reflecting a reduction of about 2.3%[18] - The company reported a decrease in financial expenses, with interest expenses of approximately $4.93 thousand in Q1 2025, down from $677.61 thousand in Q1 2024[18] Cash Flow and Investments - Cash flow from operating activities for Q1 2025 was approximately $7.00 million, down from $10.85 million in Q1 2024, a decline of about 35.5%[21] - Cash flow from investing activities generated a net inflow of approximately $121.77 million in Q1 2025, compared to a net outflow of approximately $395.75 million in Q1 2024[22] - Cash and cash equivalents as of March 31, 2025, were CNY 663,236,081.97, up from CNY 512,196,672.91 at the end of 2024[14] - Cash and cash equivalents at the end of Q1 2025 were approximately $663.24 million, an increase from $452.21 million at the end of Q1 2024[22] - The company received approximately $1.25 billion from investment recoveries in Q1 2025, significantly higher than $595.68 million in Q1 2024, indicating a substantial increase[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,859,800,304.36, representing a 1.01% increase from ¥3,821,078,755.50 at the end of the previous year[5] - Total assets as of March 31, 2025, amounted to CNY 3,859,800,304.36, compared to CNY 3,821,078,755.50 at the end of 2024[16] - Total liabilities decreased to CNY 200,364,763.22 as of March 31, 2025, from CNY 208,003,524.27 at the end of 2024[16] - Shareholders' equity increased to CNY 3,659,435,541.14 as of March 31, 2025, compared to CNY 3,613,075,231.23 at the end of 2024[16] - The company reported a decrease in accounts receivable from CNY 45,212,808.81 in 2024 to CNY 29,712,389.21 in Q1 2025[14] - The company’s inventory remained stable at CNY 722,867.26 as of March 31, 2025[14] - The company’s long-term equity investments increased slightly to CNY 642,260,123.48 from CNY 635,922,563.15[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,243[10] - The largest shareholder, Huang Shan, holds 68.23% of the shares, totaling 124,823,913 shares[11] Investment Income - The company reported a significant increase of 179.04% in investment income, primarily due to gains from the disposal of trading financial assets[9]

Financial Performance - The company reported a basic earnings per share of 0.2500 yuan for Q1 2025, a decrease of 7.41% compared to 0.2700 yuan in Q1 2024 and a significant drop from 0.4300 yuan in Q1 2023 [1] - The net profit for Q1 2025 was 0.46 billion yuan, down 8% from 0.5 billion yuan in Q1 2024 and lower than 0.56 billion yuan in Q1 2023 [1] - The operating revenue for Q1 2025 was 0.55 billion yuan, representing a decline of 22.54% from 0.71 billion yuan in Q1 2024 and a decrease from 0.65 billion yuan in Q1 2023 [1] - The return on equity (ROE) for Q1 2025 was 1.28%, down 11.72% from 1.45% in Q1 2024 and lower than 1.76% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 13,200.72 million shares, accounting for 72.14% of the circulating shares, with a decrease of 209,500 shares compared to the previous period [1] - The largest shareholder, Huangshan, holds 12,482.39 million shares, representing 68.23% of the total share capital, with no change in holdings [2] - The second largest shareholder, Huang Qing, holds 143.90 million shares (0.79%), also unchanged [2] - Zhang Lijun, holding 125.30 million shares (0.68%), saw a decrease of 12.28 million shares [2] - New entrants include Huabao Zhongzheng Financial Technology Theme ETF, holding 42.99 million shares (0.23%) [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

Group 1 - UCM plans to reduce its holdings in Youde Precision (300549.SZ) by up to 1,333,400 shares, accounting for 1% of total share capital within three months after the announcement [1] - Dongtai Juheng plans to reduce its holdings in Jusa Long (301131.SZ) by up to 477,909 shares, also representing 1% of total share capital within the same timeframe [1] - Shouzhong Education intends to reduce its holdings in Jindan Technology (300829.SZ) by up to 600,000 shares, which is 0.31% of total share capital [1] Group 2 - Zhao Hua Investment plans to reduce its holdings in Zhidi Technology (301503.SZ) by up to 336,000 shares, accounting for 0.42% of total share capital [1] - Jinfu Yuan Five Fund's shareholding in Nanjiguang (300940.SZ) has dropped to 4.9999% as of April 21, no longer qualifying as a major shareholder [1] - Executives of Yashichuangneng (603378.SH) completed their reduction plans, selling 3,311,900 shares, 406,700 shares, and 319,300 shares respectively [1] Group 3 - Shanghai Houxu did not reduce its holdings in Baoli Food (603170.SH) during the planned reduction period, which was set to be up to 12,000,300 shares [2] - Supervisors and executives of Hongyuan Electronics (603267.SH) completed their reduction plans, selling 210,000 shares and 300,000 shares respectively [3] - Major shareholders of Duolun Technology (603528.SH) reduced their holdings by 3,055,000 shares and 3,056,400 shares between April 8 and April 21 [3] Group 4 - Controlling shareholder Ningbo Sichu reduced its holdings in Shuiyou Co., Ltd. (603171.SH) by 8,135,232 shares, which is 2% of total share capital [3] - Shareholders of Kaiyin Technology (688687.SH) plan to reduce their holdings by up to 5,128,000 shares, representing 3% of total share capital [3] - Zhang Lijun from Fortune Trend (688318.SH) reduced 122,800 shares, while Qin Tao did not implement his reduction plan [4] Group 5 - Shareholders Yancheng Semiconductor and Gongqingcheng Kangseng reduced their holdings in Kangxi Communication (688653.SH) by 12,573,400 shares, accounting for 2.96% of total share capital [4] - Ali Zeta plans to reduce its holdings in Sanjiang Shopping (601116.SH) by up to 16,430,352 shares, which is 3% of total share capital [4] - Shareholder Yuming Yao plans to reduce its holdings in Shenli Co., Ltd. (603819.SH) by up to 6,531,900 shares, representing 3% of total share capital [4] Group 6 - Shandong Electric Construction completed its reduction plan for Liren New Energy (001258.SZ), selling 9,333,300 shares, which is 1% of total share capital [6] - Baishide Chuangye plans to reduce its holdings in Heyuan Gas (002971.SZ) by up to 454,064 shares through centralized bidding and 908,128 shares through block trading [6]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688318 证券简称：财富趋势 公告编号：2025-017 深圳市财富趋势科技股份有限公司 部分董事、高级管理人员减持股份结果公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律责任。 重要内容提示： ● 董事、高级管理人员持股的基本情况 截至本公告披露之日，深圳市财富趋势科技股份有限公司（以下简称"公司"）董事、副总经理、核心技 术人员张丽君先生持有公司股份1,252,973股，占公司总股本的0.68%；副总经理秦涛先生持有公司股份 131,300股，占公司总股本的0.07%。 ● 减持计划的实施结果情况 公司于2024年12月30日在上海证券交易所网站（www.sse.com.cn)披露了 《深圳市财富趋势科技股份有限公司部分董事、高级管理人员减持股份计划公告》（公告编号：2024- 049）。因自身资金需要，张丽君先生计划通过集中竞价交易与大宗交易相结合的方式减持其所持有的 公司股份，减持数量不超过343,943股，即不超过公司总股本的0.19%；秦涛 ...

证券代码：688318 证券简称：财富趋势 公告编号：2025-017 在本次减持计划期间，张丽君先生通过集中竞价交易方式累计减持公司股份 122,800股，占公司当前总股本比例为 0.067%。在本次减持计划期间，秦涛先生 未实施减持。 | 股东名称 | 张丽君 | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 | √否 | | | 直接持股 5%以上股东 | □是 | √否 | 深圳市财富趋势科技股份有限公司 部分董事、高级管理人员减持股份结果公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律 责任。 重要内容提示： 董事、高级管理人员持股的基本情况 截至本公告披露之日，深圳市财富趋势科技股份有限公司（以下简称"公司"） 董事、副总经理、核心技术人员张丽君先生持有公司股份 1,252,973 股，占公司 总股本的 0.68%；副总经理秦涛先生持有公司股份 131,300 股，占公司总股本的 0.07%。 减持计划的实施结果情况 公司于 202 ...

证券代码：688318 证券简称：财富趋势 公告编号：2025-018 深圳市财富趋势科技股份有限公司 关于参加 2024 年度科创板人工智能及软件行业 集体业绩说明会的公告 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个别及连带责任。 投资者可于 2025 年 4 月 28 日（星期一）16:00 前通过电话、邮件将需要了 解和关注的问题提前提供给公司。公司将在文字互动环节对投资者普遍关注的问 题进行回答。 深圳市财富趋势科技股份有限公司（以下简称"公司"）已于 2025 年 3 月 29 日发布了 2024 年年度报告，为便于广大投资者更全面深入地了解 2024 年年 度经营成果、财务状况，公司计划于 2025 年 04 月 29 日下午 15:00-17:00 参加 上海证券交易所举办的集体业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以线上文字互动形式召开，公司将针对 2024 年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 ...

Core Insights - The company reported a revenue of 390 million yuan in 2024, a year-on-year decrease of 10.5%, and a net profit attributable to shareholders of 300 million yuan, down 2.2% year-on-year [1] Group 1: Financial Performance - In 2024, the company achieved operating revenue and net profit of 390 million yuan and 270 million yuan respectively, reflecting declines of 10.5% and 7.02% year-on-year, with a weighted ROE of 7.7%, down 1.1 percentage points [2] - The fourth quarter saw a significant increase in net profit, reaching 162 million yuan, a year-on-year growth of 26.4%, which helped to narrow the annual profit decline [2] - Revenue from software services, software sales, and securities information services was 159 million yuan, 153 million yuan, and 76 million yuan respectively, with year-on-year changes of +2.9%, -26.8%, and +9.9% [2] Group 2: Market Dynamics - The average daily trading volume in the two markets for 2024 was 1.06 trillion yuan, an increase of 21.2% year-on-year, indicating a significant market recovery [3] - The company's B-end and C-end revenues were 312 million yuan and 76 million yuan respectively, showing declines of 14.2% and growth of 9.9% year-on-year [3] - Cash flow from sales of goods and services for the year was 410 million yuan, down 8.6% year-on-year, with contract liabilities at the end of Q4 amounting to 120 million yuan, a decrease of 10.8% year-on-year [3] Group 3: R&D and Cost Management - In 2024, the company's sales, management, and R&D expenses were 7 million yuan, 9 million yuan, and 91 million yuan respectively, with year-on-year changes of -29.6%, -8.0%, and +21.2% [4] - The company's gross margin and net profit margin were 86.0% and 69.7% respectively, reflecting increases of 0.5 percentage points and 2.6 percentage points year-on-year, indicating improved cost control and profitability [4] - The company is focusing on accelerating product development and embracing AI technology in the financial sector to enhance its product matrix and market share [4]

丨证券研究报告丨 公司研究丨点评报告丨财富趋势（688318.SH） [Table_Title] 财富趋势 2024 年报点评：研发提升加快产品创 新，C 端收入随市场改善 报告要点 [Table_Summary] 2024 年公司经营稳健，受下游需求走弱影响业绩小幅承压。具体来看，市场回暖推动 C 端收 入增长，B 端业务有所承压；研发投入增长加快产品创新，费用管控良好。看好公司后续业绩 受益于下游需求的回暖，同时积极拥抱 AI 技术在金融领域应用革新，丰富产品矩阵、实现市场 份额的持续提升。 分析师及联系人 [Table_Author] 吴一凡 戴永飞 SAC：S0490519080007 SAC：S0490524070001 SFC：BUV596 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 财富趋势（688318.SH） cjzqdt11111 [Table_Title 财富趋势 2024 2] 年报点评：研发提升加快产品创 新，C 端收入随市场改善 [Table_Summary2] 事件描述 财富趋势发布 2024 年报，报告期内实现营业收入 3.9 ...

Group 1 - Wealth Trend (688318.SH) released its 2024 annual report on March 29, 2025, indicating that as of March 28, 2025, 39 institutional investors disclosed holdings in Wealth Trend A-shares, totaling 3.2782 million shares, which represents 1.79% of the total share capital [1] - The top ten institutional investors collectively hold 1.61% of the shares, with a decrease of 0.33 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, four public funds reported a decrease in holdings compared to the previous quarter, including Southern CSI 1000 ETF and Bosera Sci-Tech 100 ETF [2] - A total of 29 new public funds were disclosed this period, including Sci-Tech 100 and Silver Hua Xin Flexible Allocation Mixed (LOF) A [2] - Eighteen public funds were not disclosed this period, including Guotai Golden Dragon Industry Selected Mixed and Great Wall Anxin Return Mixed A [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 公司代码：688318 公司简称：财富趋势 第一节 重要提示 1、本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到www.sse.com.cn网站仔细阅读年度报告全文。 2、重大风险提示 报告期内，不存在对公司生产经营产生实质性影响的特别重大风险。公司已在报告中详细描述可能存在 的相关风险，敬请查阅"第三节 管理层讨论与分析：四、风险因素"部分内容。 3、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、完整 性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 4、公司全体董事出席董事会会议。 5、中审众环会计师事务所(特殊普通合伙)为本公司出具了标准无保留意见的审计报告。 6、公司上市时未盈利且尚未实现盈利 □是 √否 7、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司拟向全体股东每10股派发现金红利5.00元（含税），截至2024年12月31日，公司总股本182,942,480 股，以此计算合计拟派发现金红利91,471,240.00元（含税 ...