第一章 总则 第一条 为进一步健全国海证券股份有限公司（以下简称公司）战略与投 资决策程序，提高重大投资决策的科学性，完善公司治理结构，提升公司环境、 社会及治理（ESG）的管理水平，根据《中华人民共和国公司法》《上市公司治 理准则》《证券公司治理准则》等有关法律、法规、规章和规范性文件及《国海 证券股份有限公司章程》（以下简称《公司章程》）的规定，公司特设立董事会 战略与ESG委员会，并制定本工作细则。 第二条 董事会战略与ESG委员会是董事会按照《公司章程》设立的专门工 作机构，主要负责对公司中长期发展战略和重大投融资方案、重大经营项目等进 行研究并提出建议。 国海证券股份有限公司 董事会战略与ESG委员会工作细则 （经2025年10月30日第十届董事会第十三次会议审议通过） 第二章 人员组成 第三条 战略与ESG委员会由3名以上董事组成。 第四条 战略与ESG委员会委员由董事长、二分之一以上独立董事或者全体 董事的三分之一提名，并由董事会选举产生。 第五条 战略与ESG委员会设主任委员（召集人）1名，主任委员在委员内 选举，并报请董事会批准产生。 第六条 战略与ESG委员会任期与董事会任期一致，委员任期 ...

格隆汇10月30日丨国海证券(000750.SZ)公布三季度报告，前三季营业收入26.17亿元，同比增长 24.22%，归属于上市公司股东的净利润7.05亿元，同比增长282.96%，归属于上市公司股东的扣除非经 常性损益的净利润7.04亿元，同比增长290.84%。 ...

国海证券公告，公司收到董事张传飞先生提交的书面辞职报告。因工作原因，张传飞先生申请辞去公司 第十届董事会董事及专门委员会相关职务，原定的任职期间为2024年2月1日至2027年1月31日。辞职 后，张传飞先生不在公司及子公司担任任何职务。截至本公告披露之日，张传飞先生未持有公司股份， 不存在应当履行而未履行的承诺事项。公司将尽快完成董事补选工作。 ...

证券代码：000750 证券简称：国海证券 公告编号：2025-54 国海证券股份有限公司 2025 年第三季度报告 国海证券股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要内容提示： 公司董事会及董事、高级管理人员保证本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。 本报告经公司第十届董事会第十三次会议审议通过，公司 8 名董事出席 董事会会议并行使表决权。没有董事、高级管理人员对本报告的真实性、准 确性、完整性无法做出保证或存在异议。 国海证券股份有限公司 2025 年第三季度报告 公司法定代表人王海河先生、主管会计工作负责人谭志华先生及会计机 构负责人黄学嘉女士声明：保证本季度报告中财务信息的真实、准确、完整。 公司 2025 年第三季度财务会计报告未经审计。 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前期间会计数据 √是 □否 （一）合并财务报表主要会计数据和财务指标 2 国海证券股份有限公司 2025 年第三季度报告 | 单位：人民币元 ...

Group 1 - The core viewpoint of the articles highlights Guoquan's focus on building a membership system and increasing online channel revenue, creating a comprehensive integrated retail system that strengthens its competitive edge in the "home dining" market [1][2] - Guoquan's projected revenue for 2025-2027 is estimated at 7.503 billion, 8.627 billion, and 9.875 billion yuan, with net profit attributable to shareholders at 450 million, 514 million, and 583 million yuan, corresponding to PE valuations of 19, 17, and 15 times [1] - As of Q3 2025, Guoquan achieved revenue between 1.85 billion and 2.05 billion yuan, representing a year-on-year growth of 13.6% to 25.8%, and core operating profit of 65 million to 75 million yuan, with a year-on-year increase of 44.4% to 66.7% [1] Group 2 - The company announced plans to repurchase H-shares using up to 100 million Hong Kong dollars of its own funds [2] - Guoquan launched the "919 National Hot Pot Festival" on September 19, featuring a product lineup of six regional hot pot sets, and introduced the "One Sauce to Cook" series of condiments on October 16 [2] - In H1 2025, Guoquan introduced 175 new SKUs for hot pot and barbecue products, and registered membership reached approximately 50.3 million, a year-on-year increase of 62.8%, with prepaid card deposits amounting to 590 million yuan, up 37.2% [2]

Core Viewpoint - Guohai Securities report indicates that Jiaozi Technology achieved a net profit attributable to shareholders of 122 million yuan in Q3 2025, a year-on-year decrease of 2% [1] Group 1: Financial Performance - Q3 net profit attributable to shareholders was 122 million yuan, which aligns with expectations [1] - Year-on-year profit decrease of 2% [1] Group 2: Business Operations - Membership numbers continue to grow healthily [1] - Incentive expenses have put pressure on apparent growth rates, but operating profit shows healthy growth [1] Group 3: Market Position and Services - The company is one of the leading players in the B2B foreign trade industry [1] - Relying on China Manufacturing Network to provide full-chain foreign trade services [1] - Rapid increase in penetration and revenue from the foreign trade AI assistant "AI Mai Ke" [1]

Group 1 - The article discusses rumors surrounding the resignation of Jin Yi, the chief analyst at Guohai Securities, who allegedly made a significant profit from gold futures trading before leaving the company [2][3] - Jin Yi has a strong background in fixed income research, with 12 years of experience in the bond market and a history of managing over 100 billion yuan in bonds [2] - Following Jin Yi's departure, Yan Ziqi, a fixed income analyst from Huazheng Securities, has joined Guohai Securities as the new chief analyst [3] Group 2 - In September, gold prices experienced the largest monthly increase in 14 years, with spot gold reaching a peak of $4,381.29 per ounce on October 20 before falling below $4,000 on October 27 [3] - According to a report from China Merchants Securities, several factors are expected to drive gold prices higher in the future, including central banks' continued purchases of gold, a shift in gold ETFs from net sellers to net buyers, and the dual influence of monetary and financial attributes on gold prices [3]

Core Viewpoint - Yidian Tianxia achieved a net profit attributable to shareholders of 204 million yuan in the first three quarters of 2025, representing a year-on-year increase of 4.4% [1] Financial Performance - Q3 net profit attributable to shareholders was 60.06 million yuan, showing a year-on-year decrease of 4.8% and a quarter-on-quarter decrease of 31.42% [1] - The decline in Q3 profit is primarily due to increased traffic acquisition costs and higher R&D and sales expenses associated with business expansion [1] Revenue and Growth - The company continues to experience high revenue growth, supported by R&D investments that enhance the programmatic advertising platform [1] - The company has successfully applied cutting-edge multimodal models such as Sora2 and GPT-5 in its AIDrive 2.0 digital marketing solution [1] Product Development and Market Expansion - The AI product matrix, including AdsGo.ai, SEOPage.ai, CyberGrow, and Sectionly.ai, is being accelerated for deployment [1] - The AIAgent service capability is expanding from top-tier clients to a broader mid-tail market, with significant improvements in customer lifetime value (LTV) and collaboration stickiness [1] Client Base and Order Status - The company has expanded its client base into high-potential sectors such as smart home, new consumption, short dramas, and AI products [1] - As of the end of Q3 2025, the contract liabilities stood at 90.30 million yuan, reflecting a year-on-year increase of 59% [1] Overall Assessment - The programmatic advertising business has scaled up, with both client and traffic sides thriving, and the service capability of AgenticAI continues to improve [1] - Based on these developments, the company maintains a "buy" rating [1]

公开信息显示，靳毅此前担任国海证券研究所固定收益研究团队负责人。据国海证券研究，靳毅曾任国 海证券研究所所长助理、固定收益首席分析师，有12年债券市场研究、投资、交易经验。他是北京大学 理学硕士、经济双学士，曾任申万宏源证券资产管理事业部产品总监、投资经理，曾累计参与管理债券 规模超1000亿元；2023年水晶球总榜单债券行业第2名。 据每日经济新闻，近期有市场传闻称："国海证券首席靳毅炒黄金期货，用3000万的本金，赚了14亿 后，就辞职了"。随后，靳毅本人在其朋友圈发文辟谣称，"最早我听到的版本，是某宏观首席……谣言 止于智者，兄弟姐妹们。" 据智通财经，靳毅目前已从国海证券离职。在证券业协会官网已无法查到他的执业信息。 （文章来源：第一财经） ...

第一财经持续追踪财经热点。若您掌握公司动态、行业趋势、金融事件等有价值的线索，欢迎提供。 专用邮箱： bianjibu@yicai.com （注：我们会对线索进行核实。您的隐私将严格保密。） 推荐阅读 美防长宣布：发动空袭 C l 大大大量 ■ A H Pete Hegseth 公开信息显示，靳毅此前担任国海证券研究所固定收益研究团队负责人。据国海证券研究，靳毅曾任国海证券研 究所所长助理、固定收益首席分析师，有12年债券市场研究、投资、交易经验。他是北京大学理学硕士、经济双 学士，曾任申万宏源证券资产管理事业部产品总监、投资经理，曾累计参与管理债券规模超1000亿元；2023年 水晶球总榜单债券行业第2名。 据界面新闻，靳毅目前已从国海证券离职。 在证券业协会官网已无法查到他的执业信息。 微信编辑 | 小羊 2025.10. 29 据每日经济新闻，近期有市场传闻称："国海证券首席靳毅炒黄金期货，用3000万的本金，赚了14亿后，就辞职 了" 。 随后， 靳毅本人在其朋友圈发文辟谣称，"最早我听到的版本，是某宏观首席……谣言止于智者，兄弟姐 妹们。" ...