财联社10月23日讯（编辑 梓隆），今日（10月23日），多只个股上演"半日游"行情，其中，金融科技 股指南针回撤较为明显。其于早盘录得历史新高，但午后急速跳水，若在全天最高点处买入，截至收 盘，追高亏损近18个点。 注：指南针今日盘中大幅跳水（截至10月23日收盘） 金融科技龙头回撤，近期股价已然翻倍 受此前大金融板块带动影响，指南针自9月24日以来持续震荡走高，并于今日（10月23日）上午录得历 史最高点，期间累计最大涨幅达219.35%，在一众金融科技股中位居前列，同时，其总市值也一度迈上 400亿元关口。不过，随着指南针今日午后大幅走低，其早盘近11%的涨幅至收盘时已跌超7%，此轮反 弹（9月24日至10月23日）的涨幅也收窄至164.5%。 注：指南针9月24日以来震荡走高（截至10月23日收盘） 从资金面来看，随着指南针近期股价不断上攻，杠杆资金也对其大幅加仓。截至10月22日数据，指南针 目前融资余额已达22.61亿元，为上市以来最高峰值。若与此轮上涨行情初始（9月24日）时相比，指南 针近16个交易日的融资净买额共达11.5亿元，合计增幅近102.9%，相当于已翻倍增长。其中，在10月9 日、 ...

大金融板块集体跳水 指南针跌超7% 财联社10月23日电，午后大金融板块集体跳水，指南针跌超7%， 早盘一度涨超10%，另外财富趋势、银之杰、顶点软件、同花顺、锦龙股份、海通证券等快速跟跌，早 盘一度涨停的天风证券一度收窄涨幅至不足2%。 ...

证券代码：300803 证券简称：指南针 公告编号：2024-049 北京指南针科技发展股份有限公司 股票交易严重异常波动公告 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。 特别风险提示： 1. 公司股票连续九个交易日（2024 年 9 月 19 日至 2024 年 10 月 8 日）收 盘价格涨幅偏离值累计达到 106.24%。根据《深圳证券交易所交易规则》相关规 定，属于股票交易严重异常波动的情况。 2. 公司股价短期内大幅上涨，可能存在非理性炒作等情形；公司近期股票 换手率及成交量明显放大，可能存在股价大幅上涨后回落的风险。公司郑重提醒 广大投资者注意二级市场交易风险，理性决策，审慎投资。 一、股票交易严重异常波动的情况介绍 为； 6.公司不存在违反公平信息披露规定的情形。 针对公司股票交易严重异常波动的情况，公司董事会对公司、控股股东及实 际控制人就相关问题进行了核实，现就相关情况说明如下： 1.公司前期披露的信息不存在需要更正、补充之处； 2.公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息； 3.公司目前的经 ...

证券代码：300803 证券简称：指南针 公告编号：2024-048 北京指南针科技发展股份有限公司 股票交易异常波动公告 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。 3.公司目前的经营情况及内外部经营环境未发生重大变化； 4.公司、控股股东及实际控制人不存在关于公司应披露而未披露的重大事项， 或处于筹划阶段的重大事项； 5.股票异常波动期间，不存在控股股东、实际控制人买卖公司股票的行为； 6.公司不存在违反公平信息披露规定的情形。 三、不存在应披露而未披露信息的说明 一、股票交易异常波动的情况介绍 北京指南针科技发展股份有限公司（以下简称"公司"）股票交易价格于 2024 年 9 月 24 日、9 月 25 日及 9 月 26 日连续三个交易日收盘价格涨幅偏离值累计 达到 35.26%，根据《深圳证券交易所交易规则》相关规定，属于股票交易异常 波动的情况。 二、公司关注并核实情况 针对公司股票交易异常波动情况，公司董事会对公司、控股股东及实际控制 人就相关问题进行了核实，现就相关情况说明如下： 1.公司前期披露的信息不存在需要更正、补充之处； 2.公司未 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) as of September 3, 2024 [1][4]. Core Views - The company's performance is under short-term pressure due to market downturns and increased expenses, with a focus on the progress of future capital increases [1][3]. - The company reported a total revenue of 545 million yuan in the first half of 2024, a year-on-year increase of 6.58%, but a net profit attributable to shareholders of -49 million yuan, indicating a shift from profit to loss [2][3]. - The company is increasing its business investment against the market trend, aiming for long-term growth potential [3][4]. Summary by Sections Financial Performance - In the first half of 2024, the company achieved total revenue of 545 million yuan, with a year-on-year growth of 6.58%. The revenue for the second quarter was 251 million yuan, showing a year-on-year increase of 45.09% but a quarter-on-quarter decline of 14.34% [2][3]. - The net profit attributable to shareholders was -49 million yuan, reflecting a year-on-year transition from profit to loss [2][3]. - The company's financial information service revenue was 423 million yuan, down 4.40% year-on-year, while the net income from fees and commissions increased by 138.08% to 82 million yuan [3][4]. Business Segments - The financial information service segment accounted for 97.27% of total revenue, while the advertising business contributed only 2.70% [3]. - The company’s gross profit margin was 83.97%, a decrease of 2.78 percentage points year-on-year, and the net profit margin was -11.25%, down 15.21 percentage points year-on-year [3][4]. Future Outlook - The company is expected to see total revenues of 1.241 billion yuan, 1.853 billion yuan, and 2.573 billion yuan for 2024, 2025, and 2026 respectively, with net profits projected at 173 million yuan, 306 million yuan, and 458 million yuan [4][5]. - The earnings per share (EPS) are forecasted to be 0.42 yuan, 0.75 yuan, and 1.12 yuan for the same years [5][6]. - The company is focusing on the progress of its capital increase, which is anticipated to create a positive development space for its securities business [3][4].

Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Insights - The company, Guide Compass, reported a total revenue of 545 million yuan for H1 2024, representing a year-on-year increase of 6.58%. However, the net profit attributable to shareholders was -49 million yuan, a significant decline of 366.48% year-on-year. The decline in trading activity has impacted the company's financial information service revenue, but recovery is expected with market improvement. The securities business is developing positively, with potential for synergy with the main business [2][6]. Summary by Sections Financial Performance - In H1 2024, the financial information service revenue was 423 million yuan, down 4.4% year-on-year, primarily due to a sluggish securities market. The total trading volume in the A-share market decreased compared to the same period last year. The company has increased brand promotion and customer acquisition efforts, resulting in a nearly 50% year-on-year growth in new paid users for its financial information services [6]. Securities Business - The securities business, operated through Maigao Securities, achieved revenue of 164 million yuan in H1 2024, a year-on-year increase of 119%. The breakdown of revenue includes brokerage income of 82.22 million yuan, net interest income of 27.49 million yuan, and net investment income of 55.02 million yuan, with respective year-on-year growth rates of 138%, 108%, and 64%. By the end of H1 2024, Maigao Securities had 3.622 billion yuan in client securities trading, an increase of 78.31% from the end of 2023 [6]. Cost and Expense Management - The company has increased its investment in the securities business, leading to a rise in expense ratios. In H1 2024, the sales, management, and R&D expense ratios were 57.5%, 34.4%, and 13.9%, respectively, reflecting increases of 7.6, 6.7, and 1.7 percentage points year-on-year. The rise in R&D expenses is attributed to ongoing IT development efforts at Maigao Securities [6]. Revenue and Profit Forecast - The revenue forecast for the company is adjusted downward due to anticipated slow recovery in trading activity. Projected revenues for 2024-2026 are 1.005 billion yuan, 1.095 billion yuan, and 1.242 billion yuan, with year-on-year growth rates of 2%, 9%, and 13%, respectively. The net profit attributable to shareholders is expected to be 158 million yuan, 175 million yuan, and 207 million yuan for the same period, with growth rates of 117%, 11%, and 18%, respectively. The earnings per share (EPS) are projected to be 0.39 yuan, 0.43 yuan, and 0.51 yuan [6][7].

Investment Rating - The investment rating for the company is "Add" (maintained) [1] Core Views - The company reported a 7% year-on-year increase in total revenue to 550 million yuan for the first half of 2024, while the net profit attributable to shareholders decreased by 366% to -49 million yuan [3] - The financial information service revenue declined by 4.4% to 423 million yuan, accounting for 78% of total revenue, due to a downturn in the capital market and stock trading volume [3] - The company has increased its R&D and advertising investments, resulting in a nearly 50% growth in the number of new paying users [3] - The brokerage business of the company is experiencing rapid growth, with net commission income increasing by 138% to 82 million yuan [3] - The company has adjusted its profit forecast for 2024-2026, expecting net profits of 73 million, 87 million, and 105 million yuan respectively, with corresponding P/E ratios of 199, 167, and 139 [3] Summary by Sections Revenue and Profit Forecast - Total revenue for 2023 is projected at 1,113 million yuan, with a forecasted increase to 1,278 million yuan in 2024 and 1,824 million yuan in 2025 [2] - The net profit attributable to shareholders is expected to be 73 million yuan in 2024, up from 73 million yuan in 2023, and projected to reach 105 million yuan by 2026 [2] Financial Performance - The company’s financial information service revenue is expected to recover gradually, with a forecasted growth rate of 14.81% in 2024 and 42.74% in 2025 [2] - The net income from brokerage services is anticipated to grow significantly, reflecting the company's strategic focus on enhancing its brokerage business [3] Market Position and Strategy - The company is successfully directing traffic from its platform to its brokerage, Maigao Securities, which is showing strong user engagement and growth [3] - The company is also preparing to expand its underwriting and sponsorship services, which have begun to generate revenue [3]

Financial Performance - Total revenue for the first half of 2024 was RMB 544,931,563, representing a 6.58% increase compared to RMB 511,304,856 in the same period last year[12]. - Net profit attributable to shareholders was a loss of RMB 48,953,917, a decrease of 366.48% from a profit of RMB 18,370,713 in the previous year[12]. - The net profit after deducting non-recurring gains and losses was a loss of RMB 50,670,194, a decrease of 530.71% from a profit of RMB 11,764,288 in the previous year[12]. - The company reported a significant increase in investment income, reaching ¥51,944,080, which is a 90.73% increase from ¥27,234,837 in the previous year, primarily due to the performance of the proprietary trading business of Maigao Securities[42]. - The company reported a net loss of ¥48,963,006 for the first half of 2024, a decline from a net profit of ¥18,361,096 in the same period of 2023[137]. - The company recorded a total comprehensive loss of ¥48,573,014, compared to a comprehensive income of ¥18,361,096 in the previous year[137]. Cash Flow and Assets - The net cash flow from operating activities increased by 16.14% to RMB 1,181,375,713 from RMB 1,017,207,537 in the same period last year[12]. - The ending balance of cash and cash equivalents reached CNY 3,869,231,758 at the end of the first half of 2024, up from CNY 2,469,600,571 at the end of the first half of 2023, marking an increase of approximately 56.7%[141]. - The total assets at the end of the reporting period reached RMB 6,898,937,266, marking a 27.03% increase from RMB 5,430,841,906 at the end of the previous year[12]. - The company's cash and cash equivalents increased to CNY 3,501,535,463.00 from CNY 2,569,531,060.00, representing a growth of approximately 36.2%[129]. - Total current assets rose to CNY 4,836,095,601.00, up from CNY 3,496,505,073.00, indicating an increase of about 38.3%[129]. Business Segments - The securities business of Maigao Securities generated revenue of 164 million yuan, a significant increase of 118.72% compared to the same period last year[19]. - The financial information service business reported revenue of 423 million yuan, a decrease of 4.40% year-on-year[19]. - In the first half of 2024, the company's brokerage business revenue reached ¥82.22 million, a year-on-year increase of 138.08%[23]. - The financial information services segment generated operating revenue of ¥423,317,930, with a gross margin of 83.57%, while the securities services segment saw a substantial increase in revenue to ¥163,878,631, with a gross margin of 100%[43]. Investments and Acquisitions - The company acquired a 34.21% stake in Pioneer Fund Management for ¥110.21 million, aiming to become its largest shareholder[24]. - The company completed the acquisition of a 34.2076% stake in Pioneer Fund Management Co., Ltd. for approximately 110,211,594.50 CNY, aiming to become the largest single shareholder[112]. Research and Development - The company continues to invest in R&D for financial information services, launching new data analysis features to enhance user decision-making capabilities[22]. - Research and development expenses increased by 21.05% to ¥75,756,588 from ¥62,585,207, reflecting the company's commitment to enhancing its product offerings[42]. Market and Competition - The company faces risks including market fluctuations, regulatory changes, and data security issues[3]. - The company faces intensified market competition due to rapid technological advancements and increased investment from domestic and international competitors[61]. - The company emphasizes continuous technological updates and product innovation to meet diverse and personalized customer demands[62]. Corporate Governance and Compliance - The company has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board, with 14 departments including development and product departments[155]. - The company actively fulfills its tax obligations and maintains compliance with financial regulations[92]. - The company confirms that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months[159]. Shareholder and Stock Options - The company plans to issue A-shares to specific investors, with a total fundraising amount not exceeding 3 billion CNY and a maximum of 121,499,999 shares to be issued, representing up to 30% of the total share capital before the issuance[107]. - The company's stock options plan saw an increase in shares from 408,936,313 to 408,973,399 due to the exercise of stock options[86]. - The stock option incentive plan is expected to enhance company performance by improving operational efficiency and reducing agency costs, outweighing the associated expenses[88]. Employee and Social Responsibility - The company has implemented a comprehensive human resources management system, focusing on employee training and performance evaluation[92]. - The company emphasizes its commitment to corporate social responsibility, ensuring timely and accurate information disclosure to shareholders[92]. - The company has taken measures to reduce carbon emissions, although specific details were not disclosed[91].

证券代码：300803 证券简称：指南针 公告编号：2024-045 北京指南针科技发展股份有限公司 第十三届董事会第二十九次会议决议公告 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。 一、董事会会议召开情况 1.北京指南针科技发展股份有限公司（以下简称"公司"）于 2024 年 8 月 19 日以邮件方式发出第十三届董事会第二十九次会议通知。 2.本次董事会于 2024 年 8 月 29 日以通讯方式召开。 3.本次董事会由董事长顿衡先生主持，本次会议应出席会议的董事 7 人，实 际出席会议的董事 7 人。 本议案已经董事会审计委员会审议通过。 表决结果：同意 7 票；反对 0 票；弃权 0 票。 二、董事会会议审议情况 本次会议以记名方式投票表决，审议通过以下事项： （一）审议通过《2024 年半年度报告及摘要》 具体内容详见公司于同日在巨潮资讯网（http://www.cninfo.com.cn）披露的 《2024 年半年度报告》以及《2024 年半年度报告摘要》（公告编号：2024-047）。 本议案已经董事会审计委员会及独立董事专门会议审议通过。 ...

证券代码：300803 证券简称：指南针 公告编号：2024-046 北京指南针科技发展股份有限公司 第十四届监事会第二十一次会议决议公告 本公司及监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。 二、监事会会议审议情况 本次会议以记名方式投票表决，审议通过以下事项： （一）审议通过《2024 年半年度报告及摘要》 经审核，监事会认为董事会编制和审核的公司 2024 年半年度报告及摘要的 程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反 映了公司的实际情况，不存在虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 1.北京指南针科技发展股份有限公司（以下简称"公司"）于 2024 年 8 月 19 日以邮件方式发出第十四届监事会第二十一次会议通知。 2.本次监事会于 2024 年 8 月 29 日以通讯方式召开。 3.本次监事会由监事会主席税翎女士主持，本次会议应出席会议的监事 3 人， 实际出席会议的监事 3 人。 4.本次监事会会议的召集、召开符合有关法律、行政法规、部门规章、规范 性文件和《公司章程》的规定。 具体内容详见公司于同日在巨 ...