1 证券代码：002670 证券简称：国盛证券 公告编号：2026-002 国盛证券股份有限公司 关于持股 5%以上股东减持股份比例触及 1%整数倍的公告 股东江西省建材集团有限公司保证向本公司提供的信息内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 国盛证券股份有限公司（以下简称"公司"）于 2025 年 11 月 15 日披露了 《关于持股 5%以上股东减持股份的预披露公告》（公告编号：2025-060），持 有本公司股份 116,080,704 股（占公司总股本比例 6.00%）的股东江西省建材集 团有限公司（以下简称"江西建材"）计划自该公告披露之日起 15 个交易日后 的 3 个月内（即 2025 年 12 月 8 日至 2026 年 3 月 7 日）以集中竞价方式减持公 司股份合计不超过 19,350,846 股（占公司总股本比例 1.00%）。 公司于 2026 年 1 月 8 日收到江西建材出具的《关于减持股份比例触及 1% 整数倍的告知函》，截至 2026 年 1 月 8 日，江西建材累计减持股份 2,800, ...

国盛证券公告称，股东江西建材于2025年11月15日披露减持计划，拟在2025年12月8日至2026年3月7 日，以集中竞价方式减持不超1935.08万股，占总股本1%。截至2026年1月8日，江西建材累计减持280 万股，占总股本0.14%。本次减持前，江西建材及其一致行动人合计持股2.34亿股，占总股本12.11%； 减持后，合计持股2.32亿股，占总股本11.96%，减持比例触及1%整数倍，减持计划尚未实施完毕。 ...

Group 1: Home Appliance and Light Industry Investment Opportunities - The home appliance and light industry should focus on four investment themes by 2026: 1) The white goods sector, supported by trade-in policies, is expected to have good allocation value due to its dividend yield; 2) The power bank industry is anticipated to improve due to new regulations, while the domestic hardware market share is set to rise [1] - The white goods sector has strong defensive attributes and offers good value in terms of dividend yield. Midea Group's B-end business, particularly in data center liquid cooling, shows significant growth potential, with its current P/E ratio being relatively low [1] - Haier Smart Home is enhancing its competitive edge through a new operational system focused on "data-driven intelligent decision-making and closed-loop optimization" [1] - The power bank industry is expected to see improved market conditions with the upcoming release of the "Mobile Power Safety Technical Specification" in Q1 2026, which will raise industry standards and potentially eliminate many white-label brands [1] Group 2: Consumer Trends and New Market Opportunities - The "lipstick effect" and social currency attributes are driving demand for emotional consumption, with the IP-based spiritual consumption sector in China experiencing rapid growth and increasing supply of domestic IPs [2] - Companies like Pop Mart, which have strong IP operation capabilities, and Blukoo, which has significant room for channel expansion, are recommended [2] - The folding bicycle market is gaining traction due to its convenience and efficiency in urban settings, with Dahan Technology leading the industry in mainland China [2] - The consumer-grade 3D printer market is evolving from a niche tool for professionals to a widely accessible device, with Chuangxiang Sanwei expected to list on the Hong Kong Stock Exchange [2] Group 3: Export Chain Recovery and New Product Opportunities - The Chinese home appliance and light manufacturing industry remains globally competitive, with a focus on companies that have strong product and channel development capabilities and overseas factories to mitigate tariff risks [3] - New product opportunities include pool cleaning robots, which have significant room for market penetration, and companies like Wangyuan Technology are expected to list on the Hong Kong Stock Exchange [3] - There is a focus on multinational hygiene product companies like Leshushi that are targeting rapidly developing emerging markets in Africa, Latin America, and Central Asia [3]

国盛证券所属申万行业为：非银金融-证券Ⅱ-证券Ⅲ。所属概念板块包括：区块链、互联金融、金融科 技、中盘、融资融券等。 截至12月31日，国盛证券股东户数10.44万，较上期减少9.97%；人均流通股15549股，较上期增加 11.08%。2025年1月-9月，国盛证券实现营业收入123.25万元，同比减少25.09%；归母净利润2.42亿元， 同比增长191.21%。 分红方面，国盛证券A股上市后累计派现2.64亿元。近三年，累计派现0.00元。 1月8日，国盛证券盘中下跌2.01%，截至14:12，报17.06元/股，成交3.91亿元，换手率1.40%，总市值 330.13亿元。 资金流向方面，主力资金净流出4139.88万元，特大单买入1283.08万元，占比3.28%，卖出3300.97万 元，占比8.43%；大单买入5728.38万元，占比14.64%，卖出7850.37万元，占比20.06%。 国盛证券今年以来股价涨1.31%，近5个交易日涨0.00%，近20日跌2.29%，近60日跌18.30%。 资料显示，国盛证券股份有限公司位于江西省南昌市红谷滩区凤凰中大道1115号北京银行大楼15和12 层 ...

国盛证券研报指出，君亭酒店湖北文旅控股+加盟业务提速+REITs政策利好，迎发展新阶段。公司稳步 推进轻资产战略，通过君行和与精选国际的加盟合作进一步扩大品牌影响力和市场占有率，政策端酒店 REITs的放开也为公司轻重资产结构优化提供新机遇。当前湖北文旅控股将助力公司酒店业务完善区域 布局，资产注入有望增厚业绩，预计公司2025-2027年营业收入分别为7.0/9.0/11.1亿元，归母净利润分 别为0.17/0.85/1.61亿元，当前股价对应PE分别为296x/59x/31x，维持"买入"评级。 ...

北京商报讯(记者刘一博冯若男)1月7日尾盘，三大指数集体上涨，沪指4085.77点上涨0.05%。白酒板块 以2198.30点收盘，下跌0.21%，其中15只白酒股下跌。 从个股来看，贵州茅台（600519）收盘价达1423.36元/股，下跌0.33%；五粮液（000858）收盘价达 107.52元/股，下跌0.60%；山西汾酒（600809）收盘价达177.49元/股，下跌0.89%；泸州老窖 （000568）收盘价达117.12元/股，下跌1.26%；洋河股份（002304）收盘价达62.26元/股，下跌1.77%。 国盛证券（002670）在其发布研报称，白酒2025年充分释放风险，2026年有望迎"供给先行、需求渐 进"双改善，当下动销、价盘、报表三重底部，短期元春动销环比改善正向催化，中期维度动销、价 盘、报表有望相继修复，配置短期基于供给角度，中期基于格局与分红。 ...

Core Viewpoint - The report from Guosheng Securities emphasizes the importance of the Hainan sector and the elasticity of sub-sectors during the Spring Festival peak season in the short term, while mid-term prospects focus on new consumption, growth potential, transformation reforms, overseas expansion, and favorable policies. Group 1: Short-term Focus - The Hainan sector is highlighted due to the impact of the closure policy and the upcoming consumption peak season, with recommendations to focus on duty-free (supported by policies and improving fundamentals), cross-border e-commerce (Black Friday and Christmas promotions), certain scenic spots (ice and snow economy), supermarkets, and gold jewelry during the Spring Festival [1] - The cyclical sectors such as duty-free, hotels, and catering have shown month-on-month improvements, suggesting continued observation and validation [1] Group 2: Mid-term Outlook - By 2026, the report suggests maintaining focus on overseas expansion, particularly on leading brands, while also looking at innovative and transformative sub-sectors within the domestic consumption field, such as new cultural tourism and new retail [1] Group 3: Policy Impact - The joint issuance of the "Opinions" by various government bodies encourages grassroots unions to conduct up to four spring and autumn travel activities annually, and to support the purchase of annual tickets for scenic spots and the distribution of cultural tourism consumption vouchers [2] - The "Opinions" aim to expand the scale of employee cultural and sports activities, enhance cultural supply, and optimize the structure of sports development, thereby promoting employee consumption [2] Group 4: Consumption Trends - Data from Qunar indicates that during the autumn holiday in November 2025, ticket bookings in Sichuan province increased by 3.4 times year-on-year, with several popular scenic spots seeing ticket sales rise by over 100% [3] - During the snow holiday, hotel bookings in the Altay region increased by 30% year-on-year, and the search volume for "Altay skiing" rose by 43% [3] Group 5: Future Opportunities - The increase in statutory holidays and various policy documents promoting vacation rights and optimizing student holiday arrangements are expected to significantly boost cultural and sports consumption, creating new development opportunities for sectors such as duty-free, hotels, tourism, and sports [4]

Group 1: Core Insights - The report from Guosheng Securities indicates that the liquor industry is expected to fully release risks by 2025, with improvements in supply and demand anticipated in 2026, characterized by a "supply-first, demand-gradual" recovery [1] - Current market conditions show a triple bottom in sales, pricing, and financial reports, with short-term improvements in sales expected during the Spring Festival, and mid-term recovery in sales, pricing, and financial reports anticipated [1] Group 2: Consumer Trends - The overall consumption landscape is stabilizing, but prices are under pressure, with structural growth changes continuing; the food and beverage sector saw a cumulative decline of 4% in 2025, with liquor significantly impacted, down 7% year-to-date [1] - High-end consumption is recovering first, with experiential consumption leading the way; product life cycles are shortening, and there is a clear trend towards health-oriented products and improved trust in channels [1] Group 3: Liquor Industry Analysis - The supply side is clearing, with leading companies like Kweichow Moutai and Wuliangye stabilizing prices and boosting channel confidence; the industry is expected to prioritize volume over price and focus on sales and market share in 2026 [2] - Demand is gradually recovering, with sales showing signs of improvement; the peak sales period around the Spring Festival is expected to see continued recovery, particularly for leading brands [2] Group 4: Beer and Beverage Sector - The beer sector is anticipated to benefit from restaurant recovery, with expectations for volume and price performance to exceed forecasts; key stocks include Beijing Beer and China Resources Beer [3] - The beverage industry is expanding steadily, with segments like sugar-free tea and energy drinks leading growth; companies with strong brand and channel capabilities are likely to stand out in a competitive landscape [3] Group 5: Food Sector Insights - The restaurant supply chain is seeing a recovery in demand, with price wars easing; leading companies like Anjijia are expected to navigate price pressures effectively [4] - The snack sector is focusing on retail transformation and product-driven growth, with opportunities for standout products; the dairy sector is expected to see a turning point in raw milk cycles in the second half of 2026 [4] - The health supplement market in China is still in a growth phase, with new ingredients and effects presenting explosive opportunities; companies like H&H International Holdings are highlighted for their resilience [4]

Group 1 - Wan Shun New Materials announced that on January 6, 2026, it will accept investor research from Guosheng Securities and others, with Huang Wei and Yang Shizhe participating in the reception and answering investor questions [1] - The automotive market is experiencing a surge at the beginning of 2026, with sales being so busy that companies do not have time to eat [1] - BMW's original guide price of 349,900 yuan has been reduced to 225,000 yuan, with multiple car manufacturers also subsidizing purchase taxes [1]

Market Overview - The Shanghai Composite Index has reached a new ten-year high, surpassing the previous peak of 4034.08 points, closing at 4054.30 with a gain of 0.77% [4][5] - A total of over 4000 stocks rose in the market, indicating a broad-based rally [2] Sector Performance - Non-bank financial stocks, often seen as the "flag bearers" of the bull market, have shown significant gains, with stocks like Huayin Securities and Huatai Securities hitting their daily limits [12][13] - The semiconductor sector and precious metals have also performed well, while some concepts like optical modules and optical communication have seen pullbacks [5][6] Brain-Computer Interface Sector - The brain-computer interface concept stocks have remained active, with companies like Aipeng Medical and Xiangyu Medical hitting their daily limits with gains of 20% [9][10] - Neuralink's announcement of large-scale production of brain-computer interface devices by 2026 has been highlighted as a significant milestone for the AI industry, indicating a shift towards human-machine symbiosis [11] Stock Highlights - Notable stock performances include: - Aipeng Medical (300753) at 39.96, up 20.00% - Xiangyu Medical (688626) at 87.12, up 20.00% - Meihua Medical (301363) at 34.63, up 19.99% [10] - In the software trading sector, stocks like Zhinanzhen and Tonghuashun have surged over 8% [15][16] Summary of Key Stocks - Huayin Securities (002945) rose to 17.84, up 9.99% - Huatai Securities (601688) increased to 25.33, up 4.02% - Zhinanzhen (300803) reached 147.06, up 8.35% [14][16]