国盛证券(002670.SZ)：预计2025年净利润同比增长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]