证券代码：300468 证券简称：四方精创 公告编号：2025-044 深圳四方精创资讯股份有限公司 第五届董事会第十次会议决议公告 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。 深圳四方精创资讯股份有限公司（以下简称"公司"）第五届董事会第十次会议决 议于 2025 年 10 月 24 日在公司会议室以现场和通讯相结合的方式召开。本次董事会会 议的通知于 2025 年 10 月 19 日以书面、电子邮件、电话方式通知全体董事。会议应出 席董事 7 名，实际出席董事 7 名。本次会议经董事会半数以上董事共同推举董事周志群 先生主持。本次会议的召集和召开符合国家有关法律、法规及《公司章程》的规定。经 与会董事审议，以投票表决方式通过了以下决议： (一) 审议通过《关于审议公司<2025 年第三季度报告>的议案》 公司《2025 年第三季度报告》的编制和审议程序符合法律、法规、公司章程和公司 内部管理制度的各项规定，第三季度报告的内容和格式符合中国证监会和深圳证券交易 所的各项规定，所披露的信息真实、准确、完整地反映了公司的实际经营情况。 为优化资源配置和降低管 ...

证券代码：300468 证券简称：四方精创 公告编号：2025-043 深圳四方精创资讯股份有限公司 2025 年第三季度报告 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。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 深圳四方精创资讯股份有限公司 2025 年第三季度报告 深圳四方精创资讯股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 ☑否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 146,285,323.13 | -21.93% | 453,391,342.67 | -14.46% | | 归属于上市公司股东 | 22,926,733.96 | 45.84% | 66,891,526.96 | ...

Core Viewpoint - Wang Mingxu, a fund manager at GF Fund, has multiple products ranking among the bottom performers in terms of annual returns, indicating a significant performance issue within his independently managed funds [1][2]. Group 1: Performance Analysis - As of October 21, six of the bottom 15 actively managed equity products by annual return are from GF Fund, all managed by Wang Mingxu, with three of them occupying the last three positions [1]. - Wang Mingxu's independently managed products have shown a high concentration strategy, which has led to poor performance in the current market environment, resulting in a systemic risk where all products suffer when market styles diverge from core holdings [2]. - The total scale of Wang Mingxu's managed products is 108.91 billion yuan, down from a peak of 306.52 billion yuan in mid-2021, indicating a gradual decline in assets under management [3]. Group 2: Investment Strategy - Wang Mingxu's independently managed products exhibit two notable characteristics: strong strategy replication and high overlap in major holdings [1]. - The top ten holdings across Wang Mingxu's products show significant overlap, with stocks like Jiangsu Bank, Sifang Jingchuang, and Midea Group appearing frequently, indicating a concentrated investment approach [6][7]. - In the second quarter, there was a consistent strategy across Wang Mingxu's products, with a collective reduction in real estate and brokerage stocks, while increasing positions in city commercial banks and high-end liquor stocks [7]. Group 3: Historical Context - Wang Mingxu has over 20 years of experience in the securities industry and has been with GF Fund since June 2018, where he also serves as the assistant general manager [3][4]. - Since the establishment of several of his products during market peaks in 2020-2021, they have faced significant market corrections, leading to poor performance metrics [4].

Core Viewpoint - Sifang Jingchuang experienced a decline of 2.52% in stock price on October 22, with a trading volume of 797 million yuan, indicating potential market volatility and investor sentiment concerns [1] Financing Summary - On October 22, Sifang Jingchuang had a financing buy-in amount of 76.69 million yuan and a financing repayment of 91.92 million yuan, resulting in a net financing outflow of 15.23 million yuan [1] - The total financing and securities lending balance reached 1.378 billion yuan, with the financing balance accounting for 6.98% of the circulating market value, which is above the 60th percentile level over the past year, indicating a relatively high financing level [1] - The company repaid 9,300 shares of securities lending and sold 4,400 shares on the same day, with a selling amount of 163,400 yuan, while the securities lending balance was 1.3742 million yuan, also above the 70th percentile level over the past year [1] Company Overview - Sifang Jingchuang, established on November 21, 2003, and listed on May 27, 2015, is located in Shenzhen, Guangdong Province, and primarily provides full-process solutions for financial institutions [2] - The company's main business includes digital transformation innovation and traditional services, with revenue composition showing software development and maintenance at 95.86%, consulting at 3.77%, and system integration at 0.36% [2] - For the first half of 2025, Sifang Jingchuang reported a revenue of 307 million yuan, a year-on-year decrease of 10.37%, while the net profit attributable to shareholders was 43.96 million yuan, reflecting a year-on-year increase of 19.46% [2] Dividend and Shareholder Information - Since its A-share listing, Sifang Jingchuang has distributed a total of 300 million yuan in dividends, with 117 million yuan distributed in the last three years [3] - As of June 30, 2025, the number of shareholders increased to 139,000, a rise of 109.09%, while the average circulating shares per person decreased by 52.17% to 3,812 shares [2][3] - Notable institutional shareholders include Southern CSI 1000 ETF, Huabao CSI Financial Technology Theme ETF, and several new entrants among the top ten circulating shareholders [3]

（原标题：四方精创(300468.SZ)没有申请香港SVF牌照） 格隆汇10月22日丨四方精创(300468.SZ)在互动平台表示，公司没有申请香港SVF牌照。 ...

Group 1 - The article emphasizes that digital currency is an important strategic tool in national overall warfare, modern hybrid warfare, and digital financial warfare, evolving from traditional financial warfare under modern information and intelligent warfare conditions [1] - It highlights that digital currency is reshaping traditional models of wartime capital cross-border flow and resource mobilization, becoming a significant strategic tool in geopolitical competition [1] - The report indicates that China is advancing a "digital RMB + offshore finance" dual-track system to address the instability of the dollar-dominated international monetary system and increasing geopolitical risks, aiming to establish a multipolar global currency structure [1] Group 2 - The article mentions that relevant A-share concept stocks include Sifang Jingchuang and Chengtian Weiye [1]

Core Insights - The Hong Kong Monetary Authority (HKMA) and Hong Kong Cyberport have announced the participant list for the second phase of the Generative AI Sandbox, which includes 20 banks and 14 technology partners with 27 selected cases [1][2][3] Group 1: Participants and Structure - The second phase of the sandbox has expanded significantly compared to the first phase, focusing on risk management, anti-fraud measures, and customer experience innovation, with the addition of a "GenA.I. Co-Creation Lab" module [2][3] - The 20 participating banks include major institutions such as Ant Bank (Hong Kong), Bank of China (Hong Kong), and HSBC [2][3] - The 14 technology partners include AIFT, Alibaba Cloud, and Hong Kong University of Science and Technology, among others [3] Group 2: Application Scenarios - The 27 selected cases cover three main application areas: risk management, anti-fraud measures, and customer experience [5][6] - Specific applications include AI credit portfolio management, intelligent trade financing, market risk monitoring, and AI-driven customer service tools [5][6] - Ant Group's collaboration with Fubon Bank (Hong Kong) aims to enhance mobile banking experiences through an AI assistant that provides personalized financial advice [6] Group 3: Future Developments - Participants are expected to begin accessing the Cyberport's AI supercomputing center by the end of this year, with technical testing anticipated to start in early 2026 [6] - The HKMA emphasizes the importance of responsible AI application in the financial sector, leveraging the sandbox as a core initiative [6]

Core Insights - The Hong Kong Monetary Authority (HKMA) and Hong Kong Cyberport announced the second phase of the Generative AI (GenAI) sandbox, marking a shift from exploring AI possibilities to promoting safe and reliable AI applications [1][4] - A total of 27 proposals from 20 banks and 14 technology providers were selected from over 60 submissions, evaluated based on innovation, technical complexity, and potential industry value [1][2] Group 1: Participants and Proposals - The 20 participating banks include Ant Bank (Hong Kong), Bank of China (Hong Kong), and HSBC among others [1] - The 14 technology providers include AIFT, Alibaba Cloud, and EY, focusing on various applications such as risk management, anti-fraud measures, and customer experience [2] - Selected proposals cover diverse scenarios like AI credit portfolio management, smart trade financing, and AI-generated investment insights [2] Group 2: Focus on AI Governance - The second phase of the sandbox emphasizes strengthening AI governance, with several proposals employing "AI against AI" strategies for automated quality detection of AI-generated content [2] - The sandbox serves as a testing ground for innovative defense mechanisms against the rising threat of deepfake fraud [2] Group 3: Case Study and Impact - An example is the Anti-Fraud Strategy Platform developed by PAObank and OneConnect, which focuses on identifying deepfake technology using advanced AI facial recognition [3] - The platform boasts a detection defense rate exceeding 99% and has successfully intercepted over 20,000 black market attacks in China [3] - As of Q3 this year, PAObank's total customer deposits surpassed 8 billion HKD, reflecting strong growth in its personal banking business [4]

Core Viewpoint - The second phase of the Generative AI (GenAI) sandbox program in Hong Kong marks a transition from exploring AI possibilities to promoting safe and reliable AI applications [1][4]. Group 1: Participants and Selection - A total of 27 proposals from 20 banks and 14 technology providers were selected from over 60 submissions for the second phase of the sandbox program [2]. - The participating banks include major institutions such as Ant Bank (Hong Kong), Bank of China (Hong Kong), and HSBC [2]. - Technology providers include AIFT, Alibaba Cloud, and Hong Kong University of Science and Technology, among others [2]. Group 2: Application Scenarios - The selected proposals cover various application scenarios including risk management, anti-fraud measures, and customer experience [3]. - Specific use cases include AI credit portfolio management, smart trade financing, market risk monitoring, and AI-generated investment insights [3]. Group 3: AI Governance and Security - The second phase of the sandbox emphasizes strengthening AI governance, with several proposals employing "AI against AI" strategies for automated quality detection of AI-generated content [3]. - The program also addresses the rising threat of deepfake fraud, providing a testing ground for innovative defense mechanisms [3]. Group 4: Case Study and Impact - An example is the Anti-Fraud Strategy Platform developed by PAObank and OneConnect, focusing on identifying deepfake technology during identity verification [3][4]. - The platform boasts a detection and defense rate exceeding 99% and has already been implemented in multiple financial institutions in mainland China [4]. - As of Q3 this year, PAObank's total customer deposits surpassed 8 billion HKD, indicating strong growth in its personal banking business [4].

证券之星消息，10月14日软件开发板块较上一交易日下跌2.93%，品茗科技领跌。当日上证指数报收于 3865.23，下跌0.62%。深证成指报收于12895.11，下跌2.54%。软件开发板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002298 | 中电鑫龙 | 13.97 | 5.04% | 279.09万 | | 39.66亿 | | 300468 | 四方精创 | 39.09 | 4.86% | 60.03万 | | 23.58亿 | | 300768 | 迪普科技 | 21.35 | 4.76% | 35.31万 | | 7.38亿 | | 000004 | *ST国华 | 13.35 | 3.73% | 14.15万 | | 1.87亿 | | 688168 | 安博通 | 81.57 | 2.89% | 3.58万 | | 2.94亿 | | 300935 | 瘤建科 | 34.60 | 2.49% | 14.75万 | | 4.68亿 | ...