中国经济网北京2月24日讯 双枪科技(001211.SZ)1月31日披露的2025年度业绩预告显示，预计公司 去年归属于上市公司股东的净利润为850万元至1,150万元，比上年同期下降59.54%至70.09%；扣除非经 常性损益后的净利润为240万元至360万元，比上年同期下降48.77%至65.85%；营业收入为159,000万元 至163,000万元，上年同期为136,798.68万元。 | 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股东的净利润 | 盈利:850-1,150万元 | 盈利:2,842.31 万元 | | | 比上年同期下降 59.54%-70.09% | | | 扣除非经常性损益后的净利润 | 盈利: 240- 360 万元 | 盈利:702.72 万元 | | | 比上年同期下降 48.77%-65.85% | | | 基本每股收益(元/股) | 盈利:0.12-0.16元/股 | 盈利:0.39元/股 | | 营业收入 | 159,000 万元 - 163,000 万元 | 136.798.68 万元 | 本期业绩预告相关财务数 ...

汇率方面，人民币对美元中间价报6.9414，调贬16个基点。 兴业证券表示，春节前A股跟随海外资产调整已释放了一定风险；春节后随着市场风险偏好提升和增量 资金流入，A股将迎来全年胜率较高的一段窗口期。叠加国内宏观经济和产业层面的密集催化，看好A 股节后迎来新一轮上行。 光大证券则从日历效应角度分析，认为节后市场有望震荡上行。光大证券表示，从历史经验来看，受微 观流动性好转及投资者风险偏好抬升影响，A股市场在春节后的20个交易日里通常表现较好。2012年至 2025年，万得全A指数春节后20个交易日里上涨的概率达到75%。今年来看，A股在春节假期后表现同 样值得期待。除了日历效应之外，外围市场的上涨、国内产业端的催化等也将对行情产生积极影响。 智通财经记者 徐宏文 2月24日，A股马年第一个交易日集体大幅高开。其中，沪指涨1.15%报4129.13点，深成指涨1.52%报 14313.86点，创指涨1.7%报3331.79点。 从盘面上看，黄金、石油板块领涨，宇树机器人、能源金属、CPO、特高压、消费电子、半导体概念股 活跃；免税店、短剧游戏、seedance题材走弱。 Wind统计显示，两市及北交所共4969 ...

节前A股跟随海外资产调整后已释放了一定的风险，节后A股即将进入一段高胜率窗口，叠加海外美国 关税违宪和特朗普访华日程敲定支撑风险偏好、国内宏观和产业层面的密集催化对结构上形成指引，继 续看好A股节后迎来新一轮上行。 国投证券：科技成长风格将有望卷土再来 从春节前的行情看，春节前一个月市场风格开始向价值风格倾斜，科技成长风格相对回落。目前看随着 沃什边际影响减弱，海外市场企稳，春节机器人和大模型再次迎来催化以及海外AI巨头业绩影两大领 域的担忧明显缓解，节后科技成长风格将有望卷土再来。 凤凰网财经讯 2月24日，A股三大指数集体高开，沪指涨1.15%，深成指涨1.52%，创业板指涨1.7%。有 色金属、油气、算力等板块指数涨幅居前。 机构观点 兴业证券：继续看好节后新一轮上行 市场风格再平衡的核心，从来不是AI的泡沫存在与否，而在于AI的宏观影响叠加货币政策、大国政策 选择，主要矛盾正在发生变化，紧缺环节已经转移：投资活动由过去单一的AI驱动向更广谱的实体部 门扩散；而未来美国降息路径的相对顺畅，也在为全球制造业周期修复这一重要主线提供顺风环境。实 物资产的重估逻辑从流动性和美元信用切换至产业低库存和需求企稳： ...

（原标题：券商晨会精华 | 科技成长风格将有望卷土再来） 从春节前的行情看，春节前一个月市场风格开始向价值风格倾斜，科技成长风格相对回落。目前看随着沃什边际影响减弱，海外市场企稳，春节 机器人和大模型再次迎来催化以及海外AI巨头业绩影两大领域的担忧明显缓解，节后科技成长风格将有望卷土再来。 国金证券：把握全球实物资产主线 市场风格再平衡的核心，从来不是AI的泡沫存在与否，而在于AI的宏观影响叠加货币政策、大国政策选择，主要矛盾正在发生变化，紧缺环节已 经转移：投资活动由过去单一的AI驱动向更广谱的实体部门扩散；而未来美国降息路径的相对顺畅，也在为全球制造业周期修复这一重要主线提 供顺风环境。实物资产的重估逻辑从流动性和美元信用切换至产业低库存和需求企稳：铜、铝、锡、原油及油运、稀土、金；具备全球比较优势 且周期底部确认的中国设备出口链——电网设备、储能、工程机械、晶圆制造，以及国内制造业底部反转品种——石油化工、印染、煤化工、农 药、聚氨酯、钛白粉等；抓住资金回流+缩表压力缓解+人员入境趋势的消费回升通道——航空、免税、酒店、食品饮料；受益于资本市场扩容与 长期资产端回报率见底的非银金融。 本文转载自"智通财 ...

Group 1: Market Influences - The key events impacting the market during the holiday include the Trump tariff situation, the "Robot + AI Technology Spring Festival Gala," the strong appreciation of the RMB to the 6.89 range, and escalating changes in the Middle East situation [1] - The "2026 Spring Festival box office surpassing 5 billion" is highlighted as an industry bright spot that will positively catalyze related A-share sectors [1] Group 2: Trump Tariff Situation - The U.S. Supreme Court ruled that tariffs imposed by Trump under the IEEPA were unconstitutional, leading to a new 10% temporary import tariff effective February 24, with certain exemptions [3] - Analysts predict that the average tariff rate on China may temporarily decrease by 5 percentage points, while specific estimates suggest a potential 34% reduction in tariffs faced by mainland China [4] Group 3: Human-shaped Robot Industry - The 2026 Spring Festival Gala showcased several domestic humanoid robots, significantly boosting interest in the humanoid robot sector, with related stocks in Hong Kong experiencing a surge [5] - Reports indicate that the Spring Festival Gala has catalyzed significant attention and investment in the humanoid robot industry, with expectations for accelerated production and improved technology [5] Group 4: RMB Exchange Rate - The RMB showed strong appreciation during the holiday, entering the 6.89 range against the USD, primarily due to a weakening dollar rather than a strengthening RMB [7] - Analysts forecast that the RMB could reach an extreme value of 6.8 against the USD, with long-term appreciation expected as a result of ongoing dollar weakness [7] Group 5: Middle East Situation - The geopolitical tensions in the Middle East have increased demand for safe-haven assets, with U.S. military forces gathering in the region, impacting oil prices positively [8] - The uncertainty surrounding the Middle East situation is expected to benefit sectors such as gold and oil, which may see short-term market opportunities [9] Group 6: A-share Market Outlook - Multiple brokerages express a cautious optimism regarding the A-share market post-holiday, with expectations of a "systematic slow bull" opportunity [10] - Analysts suggest that the strong performance of the Spring Festival box office indicates a recovery in the film industry, recommending attention to quality film production companies and leading cinema chains [12]

周恒 制图 □ 2012年至2025年，万得全A指数春节后20个交易日里上涨的概率达到75%。今年来看，A股在春节假 期后表现同样值得期待 □ 机构表示，央视2026年春晚科技感十足，人形机器人表现进步超预期，科技成为共识度较高的两大主 线之一，节后可关注机器人与AI技术应用板块 ◎记者 汪友若 马年A股的第一个交易日即将到来。春节长假期间，海外市场整体小幅反弹。美股止跌回升，大宗商品 表现强势，原油、黄金和铜价显著上涨。中国资产方面，富时中国A50指数期货上涨，港股主要指数震 荡整理。 光大证券则从日历效应角度分析，认为节后市场有望震荡上行。光大证券表示，从历史经验来看，受微 观流动性好转及投资者风险偏好抬升影响，A股市场在春节后的20个交易日里通常表现较好。2012年至 2025年，万得全A指数春节后20个交易日里上涨的概率达到75%。今年来看，A股在春节假期后表现同 样值得期待。除了日历效应之外，外围市场的上涨、国内产业端的催化等也将对行情产生积极影响。 "整体而言，资金流入和人心思涨的市场格局没有变化，节后春季行情有望延续。"中信证券在报告中提 示。该机构表示，配置型资金的流入趋势并未发生变化。中国人 ...

Group 1 - A-shares are expected to have a positive start after the Spring Festival, with major indices likely to see an increase in winning rates due to favorable market conditions [1][5][6] - The technology growth sector and cyclical resource products are favored by institutions, with specific attention on areas such as AI assets, commercial aerospace, brain-computer interfaces, copper, aluminum, gold, and engineering machinery [1][5][6][10] - The Hong Kong stock market experienced a broad rally, with the Hang Seng Index rising by 2.53% to surpass 27,000 points, indicating positive market sentiment [2] Group 2 - The National Energy Administration projects that by 2025, the newly installed capacity for photovoltaic power will reach 317 million kilowatts, a 14% year-on-year increase, reflecting rapid growth in the solar energy sector [4] - Investment strategies suggest focusing on four main lines: copper, aluminum, tin, crude oil, and rare earths; electrical grid equipment, energy storage, engineering machinery; aviation, duty-free, hotels, and food and beverage; and non-bank financials [7][8] - Five major investment directions are highlighted: food and beverage, robotics, chips driven by AI demand, energy sectors including electric grid upgrades and new energy vehicles, and commercial aerospace, which is expected to enter a period of rapid growth in the next two years [10]

2月24日，丙午马年A股将迎来首个交易日。春节假期期间，全球市场平稳运行，国内消费、文旅、出 行数据持续回暖，叠加政策暖风与资金共振，多家头部券商密集发布研报，一致对马年A股持乐观审 慎、结构性慢牛判断，认为市场将从估值驱动转向盈利驱动，科技成长与内需复苏双轮驱动，春季躁动 行情值得期待。 马年"慢牛"行情有望延续 据Wind数据，近十年春节假期后A股首个交易日，上证指数、创业板指上涨概率均达六成，节后"日历 效应"显著。主流券商对马年A股大势判断高度统一，"长牛""慢牛"成共识，整体走势或呈现平稳开局、 震荡上行、前稳后高的趋势。 东吴证券表示，历史上A股"春节效应"特征显著，节后资金有望"重振旗鼓"带动量价共振修复，A股有 望迎来积极开局。产业趋势层面，机器人、国产大模型在内的科技主线在假期期间持续发酵。后续来 看，两会临近将进一步强化市场维稳预期，白宫官员确认特朗普拟于3月底访华，有助于稳定市场对外 部环境预期。对于节后A股市场表现持乐观判断。 中信证券判断，A股盈利增速将呈现前低后高走势，上半年以估值修复为主，下半年随经济回暖与政策 落地进入业绩兑现阶段。外部环境趋于稳定，内部政策持续发力，市场风险偏 ...

Group 1: Domestic Consumption and Market Performance - During the Spring Festival, the domestic consumption market showed strong performance, with 20.5 billion yuan allocated for consumer benefits through vouchers and subsidies [1] - The total box office for the 2026 Spring Festival exceeded 5 billion yuan, with over 100 million viewers for the eighth consecutive year [1] - The transportation sector saw a record 5.08 billion people moving across regions during the first 20 days of the Spring Festival, averaging 250 million daily, a 5.6% increase from the same period in 2025 [1] - The steady growth in domestic travel and consumption data provides solid fundamental support for the market post-holiday [1] Group 2: Robotics Industry Insights - The appearance of humanoid robots during the Spring Festival Gala has sparked significant market interest, marking a key transition for AI from concept to practical application [2] - The robotics sector is expected to become the fourth major industry in China, following home appliances, smartphones, and new energy vehicles, with a favorable investment outlook over the next three years [2] - By 2026, the market is anticipated to shift from concept speculation to order-driven performance, with a clear distinction between companies with core technologies and those merely speculating [2] Group 3: U.S. Trade Policy Impact - The U.S. Supreme Court ruled that the large-scale tariff measures implemented by the Trump administration lacked legal authorization, leading to a dramatic reversal in trade policy [3] - Following this ruling, a new 15% tariff was announced, effective for 150 days, which may create a "tariff gap" as the process for extending it is complex [3] - Short-term implications include a potential recovery for export-oriented companies in sectors like light industry, consumer electronics, and automotive parts due to reduced effective tax rates [3] Group 4: Market Trends and Predictions - The Hong Kong stock market showed strong performance, with the Hang Seng Index rising by 2.53%, providing a reference for A-share movements post-holiday [4] - Historical data indicates a 75% probability of the Shanghai Composite Index rising in the five days following the Spring Festival, with an average increase of 1.2% [7] - Analysts expect a structural differentiation in the A-share market, with AI and humanoid robotics sectors likely to be highlights due to their increased attention during the holiday [7] Group 5: AI Industry Developments - OpenAI announced a significant reduction in its planned capital expenditure for computing power to approximately $600 billion by 2030, down from a previous commitment of $1.4 trillion [8] - This reduction has led to mixed market interpretations, with some viewing it as a signal of slowing industry expansion, while others argue that the two figures are not directly comparable [8] - Despite potential short-term disturbances in A-share AI-related sectors, the domestic AI industry is expected to maintain independent growth driven by its own demand and application needs [8]

Group 1 - The Hong Kong stock market experienced a significant rise on February 23, with the Hang Seng Index increasing by 2.53%, the Hang Seng China Enterprises Index by 2.65%, and the Hang Seng Tech Index by 3.34% [1] - Major stocks such as Zijin Mining, Meituan, and SMIC led the gains, each rising over 5%, while Tencent and Alibaba increased by more than 3% [1] - During the Chinese New Year holiday, the Hang Seng Index saw a cumulative increase of 1.94%, with the China Enterprises Index up by 1.82% and the Tech Index by 0.47% [1] Group 2 - The AH share premium index fell by 2.34% to 113.68 points, marking the lowest level since July 2, 2018, influenced by the strong performance of the Hong Kong market [1] - As of February 23, there were nine stocks with H shares trading at a premium to their A shares, including CATL with a premium exceeding 31% and others like China Merchants Bank and WuXi AppTec with premiums over 10% [1] - Market analysts believe that the positive performance of the Hong Kong market during the holiday may provide a boost to the A-share market post-holiday, with several brokerage firms optimistic about A-share performance [1]