1月30日，国海证券发布业绩预告称，公司2025年预计实现归母净利润7.66亿元，同比增长78.88%。同 时披露，2025年合计计提预计负债1.16亿元，影响公司2025年净利润8711万元。 据了解，国海证券作为 中介机构涉及山东胜通集团虚假陈述纠纷案近日法院已作出一审判决，国海证券表示已根据法院作出的 判决情况，合理审慎计提和冲回预计负债。 ...

（记者 王晓波） 每经头条（nbdtoutiao）——中国无人驾驶"军团"，"武装"阿布扎比 每经AI快讯，国海证券1月30日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润约7.66亿 元，同比增长78.88%；基本每股收益0.12元。业绩变动主要原因是，2025年，国内二级市场主要股票指 数同比增长，市场活跃度显著回升，债券市场宽幅震荡，资本市场的"吸引力"和"包容性"进一步增强。 公司坚守金融工作的政治性、人民性，扎实做好金融"五篇大文章"，持续锻造以专业性为核心、以研究 为引领的差异化竞争优势，经营业绩实现稳步提升，财富管理、研究等业务收入同比实现增长，归属于 上市公司股东的净利润同比增加。 ...

证券代码：000750 证券简称：国海证券 公告编号：2026-06 国海证券股份有限公司 关于计提及冲回预计负债的公告 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。 为真实、公允地反映国海证券股份有限公司（以下简称 公司或国海证券）的财务状况以及经营成果，基于谨慎性原 则，公司根据《企业会计准则》相关规定和公司会计政策， 在以往年度已计提预计负债的基础上，对有关未决诉讼的进 展情况进行了审慎分析和评估，相应计提及冲回预计负债。 具体情况如下： 一、计提及冲回预计负债的情况 公司前期披露了公司涉及山东胜通集团股份有限公司 （以下简称胜通集团）证券虚假陈述责任纠纷案的主要诉讼 及计提预计负债情况（主要情况详见编号 2022-41、2024-16、 2025-03 的临时公告，以及 2021 年年度报告、2022 年半年 度报告、2022 年年度报告、2023 年半年度报告、2023 年年 度报告、2024 年半年度报告、2024 年年度报告、2025 年半 年度报告）。公司根据《企业会计准则》和公司相关会计政 策，结合诉讼进展情况进行审慎分析，在以往年度已计提 ...

Core Viewpoint - Guohai Securities reported a revenue of 3.452 billion yuan for the fiscal year 2025, representing a year-on-year growth of 7.14%, and a net profit attributable to shareholders of 766 million yuan, which is an increase of 78.88% [1] Group 1: Financial Performance - The company achieved a revenue of 3.452 billion yuan in 2025, marking a 7.14% increase compared to the previous year [1] - The net profit attributable to shareholders reached 766 million yuan, reflecting a significant year-on-year growth of 78.88% [1] Group 2: Market Conditions - In 2025, the domestic secondary market's major stock indices experienced year-on-year growth, with a notable increase in market activity [1] - The bond market exhibited wide fluctuations, enhancing the overall attractiveness and inclusiveness of the capital market [1] Group 3: Strategic Focus - The company emphasizes the political and public nature of financial work, focusing on solidifying its competitive advantage through professionalism and research [1] - The company continues to enhance its differentiated competitive edge, with revenue growth in wealth management and research-related services [1]

南财智讯1月30日电，国海证券发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为 7.66亿元，同比预增78.88%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为8.53 亿元，同比预增79.92%。业绩变动原因说明：2025年，国内二级市场主要股票指数同比增长，市场活 跃度显著回升，债券市场宽幅震荡，资本市场的"吸引力"和"包容性"进一步增强。公司坚守金融工作的 政治性、人民性，扎实做好金融"五篇大文章"，持续锻造以专业性为核心、以研究为引领的差异化竞争 优势，经营业绩实现稳步提升，财富管理、研究等业务收入同比实现增长，归属于上市公司股东的净利 润同比增加。 ...

证券代码：000750 证券简称：国海证券 公告编号：2026-04 二、与会计师事务所沟通情况 本次业绩预告数据未经会计师事务所审计。公司已就业 绩预告有关事项与年审会计师事务所进行了沟通，双方不存 在重大分歧。 三、业绩变动原因说明 2025 年，国内二级市场主要股票指数同比增长，市场活 1 国海证券股份有限公司 2025 年度业绩预告 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。 一、本期业绩预计情况 1.业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日 2.预计的经营业绩：同向上升 | 项 | 目 | 本报告期 | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股 东的净利润 | | 盈利：76,628.22 万元 | | 盈利：42,837.95 | 万元 | | | | 比上年同期增长：78.88% | | | | | 扣除非经常性损益 后的净利润 | | 盈利：85,271.66 | 万元 | 盈利：47,393.50 | 万元 | | | | ...

证券代码：000750 证券简称：国海证券 公告编号：2026-05 国海证券股份有限公司 2025 年度业绩快报 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。 1 | 项 目 | 本报告期末 | 本报告期初 | 增减变动幅度 (%) | | --- | --- | --- | --- | | 总资产 | 6,887,440.11 | 5,959,100.91 | 15.58 | | 归属于上市公司 股东的所有者权益 | 2,255,404.43 | 2,210,838.68 | 2.02 | | 股本 | 638,617.45 | 638,617.45 | - | | 归属于上市公司股东 的每股净资产 （元/股） | 3.53 | 3.46 | 2.02 | 注：财政部于 2025 年 7 月 8 日发布《标准仓单相关会计处理实施问答》（以下简称"问答"）。 该问答要求企业在期货交易场所通过频繁签订买卖标准仓单的合同以赚取差价、不提取标准仓单对应 的商品实物的，应当将其签订的买卖标准仓单的合同视同金融工具，并按照《企业会计准则第 22 号 --金融工具》的 ...

国海证券公告，预计2025年度净利润为7.66亿元，同比增长78.88%。2025年，国内二级市场主要股票指 数同比增长，市场活跃度显著回升，债券市场宽幅震荡，资本市场的"吸引力"和"包容性"进一步增强。 公司坚守金融工作的政治性、人民性，扎实做好金融"五篇大文章"，持续锻造以专业性为核心、以研究 为引领的差异化竞争优势，经营业绩实现稳步提升，财富管理、研究等业务收入同比实现增长，归属于 上市公司股东的净利润同比增加。 ...

Core Insights - The securities industry is experiencing a significant transformation, with a reduction in workforce and a shift towards a more professional and service-oriented model [3][10]. Workforce Changes - By the end of 2025, the total number of employees in the securities industry is projected to decrease by 5,897, bringing the total to 320,000, marking three consecutive years of decline since 2023 [13]. - The number of employees in general securities business and securities brokers has significantly decreased, with both categories losing over 5,000 employees [10]. - Conversely, the number of analysts increased by 336, and investment advisors saw a net increase of 5,754, indicating a shift towards specialized roles [10][12]. Analyst Growth - The analyst workforce has seen a notable increase, surpassing 6,000 by 2025, doubling from around 3,000 before 2022 [12]. - Despite pressures in other business lines, competition for research talent among brokerages has intensified, with several prominent analysts switching firms [12]. - The top ten firms with the largest increases in analyst numbers include Guotai Junan Securities, CITIC Securities, and Founder Securities, with Guotai Junan adding 43 analysts [14]. Decline in Sponsoring Representatives - The number of sponsoring representatives has decreased for the first time in eight years, totaling 8,526 by the end of 2025, down by 180 from the previous year [15]. - This decline is attributed to a slowdown in equity financing and stricter regulatory requirements, leading to a "project drought" in the market [15].

Core Insights - Major cloud providers like Google and AWS are increasing their data transmission service prices due to a surge in AI training demand, leading to a tightening supply-demand dynamic in computing power [1][3] - The global cloud computing market is expected to undergo a pricing restructuring as leading firms like Microsoft Azure and Alibaba Cloud evaluate their pricing strategies in response to these changes [1][3] Pricing Adjustments - Google announced a price increase for its data transmission services effective May 1, 2026, with North America rising from $0.04/GB to $0.08/GB, Europe from $0.05/GB to $0.08/GB, and Asia from $0.06/GB to $0.085/GB [2][3] - AWS has also raised prices for its EC2 machine learning capacity instances, with a notable increase of approximately 15% in most regions, bringing the price to around $39.80/hour, and nearly $50/hour in high-demand areas [3] Supply Chain Inflation - The computing power supply chain is experiencing inflation, affecting storage, CPUs, and other semiconductor chips, with expected price increases of 55%-60% for DRAM and 33%-38% for NAND in Q1 2026 [4] - Major chip manufacturers are planning to raise server CPU prices by 10%-15% due to AI demand and capacity constraints, with significant pre-sales already reported [4] AI Model Developments - The release of new AI models by leading companies in 2025 is expected to unlock various application demands, significantly increasing the daily token usage in enterprise-level services [5] - OpenAI and Google are leading in token usage, with daily calls reaching approximately 70 trillion and 43 trillion tokens, respectively, by October 2025 [5] Focus on Key Stocks - Key stocks in the cloud computing sector include companies like Chuangxin Data, Hongjing Technology, and Kingsoft Cloud, among others [6][7] - CDN/MSP and edge computing sectors also have notable companies such as Wangsu Technology and Zhongke Chuangda listed for potential investment [6][7]