| 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股 | 盈利:21,000 万元-28,000 万元 | 盈利:16.741.31 万元 | | 东的净利润 | 比上年同期增长:25.44%-67.25% | | | 归属于上市公司股 东扣除非经常性损 | 盈利:20,640 万元-27,640 万元 | 盈利: 15,442.11 万元 | | | 比上年同期增长:33.66%-78.99% | | | 益后的净利润 | | | | 基本每股收益 | 盈利:0.1085 元/股-0.1447 元/股 | 盈利: 0.0865 元/雕目片来源：公告截图 | 北京商报讯（记者 李海媛）1月29日，国盛证券发布2025年度业绩预告，预计2025年归母净利2.1亿元—2.8亿 元，同比增长25.44%-67.25%。 ...

Core Viewpoint - Guosheng Securities (002670.SZ) expects a net profit attributable to shareholders of 210 million to 280 million yuan for 2025, representing a year-on-year growth of 25.44% to 67.25% [1] - The company aims to strengthen its professional service and research capabilities while maintaining steady business development [1] Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be 206.4 million to 276.4 million yuan, indicating a year-on-year increase of 33.66% to 78.99% [1] - The company has seen an increase in revenue from securities brokerage, investment banking, and futures brokerage businesses due to active capital market trading [1] Risk Management - The company has enhanced its risk control measures, resulting in a year-on-year decrease in various impairment losses [1] - The recognition of deferred tax assets, as per accounting standards, is expected to contribute positively to the company's profits [1] Market Position - Despite a reduction in profits due to changes in accounting methods and market value fluctuations related to its stake in Qudian, the overall operational performance of the company has improved during the reporting period [1]

Group 1 - Meinian Health plans to participate in the restructuring of Zhejiang Bangjie Holdings, aiming to become the controlling shareholder after the completion of the restructuring [3] - Baiyin Nonferrous Metals reported that the revenue from gold and silver products accounted for a low proportion of total operating income, with gold sales contributing 18.67% and silver sales 4.54% in the first half of 2025 [4] - Tiens Wind Power decided to implement a long-term production suspension for six wholly-owned subsidiaries to optimize resource allocation and focus on core businesses [5] Group 2 - Tongling Nonferrous Metals indicated significant uncertainty in the price fluctuations of its main products, with a low self-sufficiency rate for copper concentrate posing supply stability risks [6] - *ST Aowei received a notice of termination of listing due to its market capitalization falling below 500 million yuan for twenty consecutive trading days [7] - Foton Motor expects a net profit increase of approximately 1551% year-on-year for 2025, driven by sales growth in new energy vehicles and overseas markets [9] Group 3 - Beimo High-tech anticipates a net profit increase of 1076.16% to 1261.87% for 2025, supported by cost control and reduced credit impairment losses [10] - Zhongke Sanhuan forecasts a net profit growth of 566.23% to 899.35% for 2025, attributed to technological innovation and improved operational efficiency [12] - Wancheng Group expects a net profit increase of 222.38% to 266.94% for 2025, driven by growth in its retail business and improved sales margins [13] Group 4 - Huayi Technology anticipates a net profit increase of 191.52% to 330.34% for 2025, benefiting from product optimization and cost reduction measures [14] - Nanmo Biology expects a net profit growth of 269.49% to 423.44% for 2025, supported by increased revenue in the biopharmaceutical sector and improved cost control [15] - Baiao Saitu forecasts a net profit increase of 384.26% to 443.88% for 2025, driven by expansion in overseas markets and recovery in the domestic biopharmaceutical industry [16] Group 5 - Hailanxin expects a net profit increase of 387.47% to 631.2% for 2025, supported by advancements in technology and increased market share in marine observation [17] - Panjiang Co. anticipates a net profit growth of 205.3% to 264.83% for 2025, driven by increased coal production and reduced costs [18] - Huaguang New Materials expects a net profit increase of 104.67% to 141.88% for 2025, with significant growth in the electronic sector [20] Group 6 - Guo Sheng Securities forecasts a net profit increase of 25.44% to 67.25% for 2025, supported by active capital market participation and growth in various business segments [25] - Shengyi Technology expects a net profit growth of 87% to 98% for 2025, driven by increased sales of copper-clad laminates [26] - Sifutian anticipates a net loss of 30 million to 45 million yuan for 2025, although this represents a significant reduction in losses compared to the previous year [27] Group 7 - Maanshan Steel expects a net loss of 1.9 billion to 2.5 billion yuan for 2025, with a substantial reduction in losses compared to the previous year [28] - Shennong Seed Industry forecasts a net profit of 90 million to 120 million yuan for 2025, marking a turnaround from previous losses [30] - Jifeng Co. anticipates a net profit of 410 million to 495 million yuan for 2025, achieving a turnaround from losses [31]

Core Viewpoint - Guosheng Securities has released an annual performance forecast, expecting a significant increase in net profit for 2025, driven by robust business growth and improved risk management [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 21 million to 28 million yuan for 2025, representing a year-on-year increase of 25.44% to 67.25% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 20.64 million and 27.64 million yuan, reflecting a year-on-year growth of 33.66% to 78.99% [1] Business Development - The company remains committed to serving the real economy and is focused on enhancing its professional service and research capabilities, leading to steady growth across various business segments [1] - Active trading in the capital markets has allowed the company to capitalize on market opportunities, resulting in increased revenues from securities brokerage, investment banking, and futures brokerage [1] Risk Management - The company has strengthened its risk control measures, leading to a reduction in various impairment losses compared to the previous year [1] - The recognition of deferred tax assets, as per accounting standards, is expected to contribute positively to the company's profits [1] Impact of Accounting Changes - Despite a decrease in profits due to changes in accounting methods and market value fluctuations related to its stake in Qudian, the overall operating performance of the company has shown growth during the reporting period [1]

每经AI快讯，1月29日，国盛证券（002670）(002670.SZ)公告称，国盛证券预计2025年归属于上市公司 股东的净利润为2.10亿元~2.80亿元，比上年同期增长25.44%~67.25%。报告期内，资本市场交投活跃， 证券经纪、投行、期货经纪等业务收入增加；减值损失减少；递延所得税资产确认增加利润；虽趣店股 权核算变更及市值波动影响部分利润，整体业绩仍实现增长。 ...

国盛证券公告，预计2025年净利润为2.1亿元—2.8亿元，同比增长25.44%—67.25%。2025年，公司坚守 服务实体经济初心，持续强化专业服务能力和投研能力，各项业务稳健发展。本报告期，资本市场交投 活跃，公司把握市场发展机遇夯实客户基础，证券经纪、投行、期货经纪等业务收入均同比增加；公司 强化风险管控，各类减值损失同比减少。 ...

国盛证券股份有限公司 2025 年度业绩预告 | 项 目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股 | 盈利：21,000 | 万元–28,000 | 万元 | 盈利：16,741.31 | 万元 | | 东的净利润 | 比上年同期增长：25.44%-67.25% | | | | | | 归属于上市公司股 | 盈利：20,640 | 万元–27,640 | 万元 | | | | 东扣除非经常性损 | 比上年同期增长：33.66%-78.99% | | | 盈利：15,442.11 | 万元 | | 益后的净利润 | | | | | | | 基本每股收益 | 盈利：0.1085 | 元/股–0.1447 | 元/股 | 盈利：0.0865 | 元/股 | 证券代码：002670 证券简称：国盛证券 公告编号：2026-005 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 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 ...

Core Viewpoint - The performance forecast of Qingmu Technology meets expectations, with a focus on the growth of its own brands and AI catalysis [1] Group 1: Financial Performance - The company is expected to achieve a net profit attributable to shareholders of 118-136 million yuan in 2025, representing a growth of 30%-50% [1] - In Q4 2025, the net profit attributable to shareholders is projected to be between 38-56 million yuan, showing a year-on-year increase of 111%-211% [1] Group 2: Business Development - The rapid growth of self-owned brand incubation has established a complete business model and validated its capabilities [1] - The company's basic operations in agency services maintain steady growth, with a strong competitive advantage in the large apparel sector, while also expanding into categories like trendy toys and pet food [1] - The company serves brands including Skechers, Pop Mart, and Jellycat [1] Group 3: Future Outlook - Attention will be given to the new acquisition of the self-owned brand Noremega in 2026 [1] - The technology solutions and consumer operation services are well-equipped with products, scenarios, and tools, positioning the company to capitalize on the GEO trend [1]

行业红利持续释放，成长空间广阔 中国汽车保有量稳步增长与车龄结构老化趋势，直接驱动汽车维修保养等后市场需求持续扩张。独立汽 车服务渠道(IAM)凭借高性价比优势，成为保修期届满车辆的优选渠道，市场占比不断提升，行业红利 有望释放。同时，新能源汽车渗透率快速提升催生新的服务需求，插电式混合动力汽车和纯电动汽车都 能为行业在未来带来一定的增量空间。途虎养车精准把握行业趋势，提前布局新能源汽车服务业务，通 过合作拓展充电网络、升级门店服务能力等方式，有望充分受益于行业空间的增长红利。 国盛证券（002670）发布研报称，首次覆盖，给予途虎-W(09690)"买入"评级，途虎作为汽车后市场龙 头，持续扩张线上线下（300959）一体化平台规模，该行预计公司在2025-2027年归母净利润分别为 6.47/8.22/10.55亿元，同增33.75%/26.96%/28.45%，当前对应市值PE为18/14/11x。考虑到途虎线上生态 的流量壁垒持续强化、线下门店网络不断下沉扩张。 国盛证券主要观点如下： 汽车后市场行业龙头地位稳固，业绩增长确定性强 途虎养车作为中国领先的线上线下一体化汽车服务平台，自2011年成立以来 ...

智通财经APP获悉，国盛证券发布研报称，首次覆盖，给予途虎-W(09690)"买入"评级，途虎作为汽车 后市场龙头，持续扩张线上线下一体化平台规模，该行预计公司在2025-2027年归母净利润分别为 6.47/8.22/10.55亿元，同增33.75%/26.96%/28.45%，当前对应市值PE为18/14/11x。考虑到途虎线上生态 的流量壁垒持续强化、线下门店网络不断下沉扩张。 中国汽车保有量稳步增长与车龄结构老化趋势，直接驱动汽车维修保养等后市场需求持续扩张。独立汽 车服务渠道(IAM)凭借高性价比优势，成为保修期届满车辆的优选渠道，市场占比不断提升，行业红利 有望释放。同时，新能源汽车渗透率快速提升催生新的服务需求，插电式混合动力汽车和纯电动汽车都 能为行业在未来带来一定的增量空间。途虎养车精准把握行业趋势，提前布局新能源汽车服务业务，通 过合作拓展充电网络、升级门店服务能力等方式，有望充分受益于行业空间的增长红利。 线上平台为用户打造汽车服务生态，线下以轻资产加盟模式进行规模化扩张 国盛证券主要观点如下： 在线上平台，途虎积累了海量注册用户与高粘性消费群体，通过数字化工具实现用户需求精准匹配与服 ...