Core Viewpoint - The stock of Softcom Power experienced a decline of 2.00% on January 15, 2023, with a trading price of 52.85 yuan per share and a total market capitalization of 503.63 billion yuan [1]. Group 1: Stock Performance - As of January 15, 2023, Softcom Power's stock has increased by 11.43% year-to-date, with a 7.88% rise over the last five trading days, a 17.34% increase over the last 20 days, and a 3.30% gain over the last 60 days [1]. - The trading volume on January 15, 2023, reached 13.55 billion yuan, with a turnover rate of 3.21% [1]. Group 2: Financial Performance - For the period from January to September 2025, Softcom Power reported a revenue of 253.83 billion yuan, reflecting a year-on-year growth of 14.30%, and a net profit attributable to shareholders of 98.89 million yuan, which is a 30.21% increase year-on-year [2]. - Since its A-share listing, Softcom Power has distributed a total of 5.84 billion yuan in dividends, with 2.67 billion yuan distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Softcom Power was 135,400, an increase of 0.35% from the previous period, with an average of 5,782 circulating shares per person, up by 14.72% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 16.05 million shares, an increase of 2.83 million shares from the previous period [3].

1月15日，恒生电子盘中下跌2.05%，截至10:20，报34.41元/股，成交28.30亿元，换手率4.28%，总市值 651.77亿元。 恒生电子所属申万行业为：计算机-软件开发-垂直应用软件。所属概念板块包括：互联金融、数字货 币、金融机具、区块链、国产软件等。 截至9月30日，恒生电子股东户数21.38万，较上期增加6.09%；人均流通股8863股，较上期减少5.59%。 2025年1月-9月，恒生电子实现营业收入34.90亿元，同比减少16.66%；归母净利润4.55亿元，同比增长 2.16%。 分红方面，恒生电子A股上市后累计派现24.44亿元。近三年，累计派现6.82亿元。 机构持仓方面，截止2025年9月30日，恒生电子十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股9212.70万股，相比上期减少4078.07万股。华泰柏瑞沪深300ETF（510300）位居第五大流 通股东，持股2572.74万股，相比上期减少121.89万股。华宝中证金融科技主题ETF（159851）位居第六 大流通股东，持股2494.46万股，为新进股东。中国证券金融股份有限公司位居第七大流通股东，持股 ...

撰稿 / 胡栖安（媒体人）编辑 / 徐秋颖 校对 / 贾宁 1月14日晚，年度反腐大片《一步不停歇 半步不退让》播出第四集《科技赋能反腐》，其中还原了中国 证监会科技监管司原司长姚前接受请托办事、收受虚拟货币的贪腐犯罪事实。（相关阅读：一次收受 2000枚市值最高达6000万的以太币！中国证监会科技监管司原司长、信息中心原主任姚前案详情披露） 与现实中其他贪官不同，姚前本身长期从事数字货币研究，曾任中国人民银行数字货币研究所所长，证 监会科技监管司司长、信息中心主任，出版过《数字货币经济分析》等10余部专著，在业内颇有影响 力。 本来，姚前受贿十分隐蔽，也显得很"专业"，收受的也是以太币等虚拟货币。为了规避查办，他布下重 重迷幻阵，不仅用他人身份开设自己实控的"马甲账户"，还安排亲信作为中转，故意模糊贿赂来源。 这也表明，任何新型腐败、隐性腐败，哪怕手法很高明、技术很先进，哪怕贪腐者本身就是所在行业的 专家翘楚，只要伸手，就一定会被捉。一旦虚拟资产变现真实资产，以往的"春梦无痕"就会变成处处留 痕。 只是，再云淡风轻也掩饰不了他的贪婪。早在2018年，仅仅是帮助某老板发行代币打了个招呼，就一次 收受2000枚 ...

Core Viewpoint - Advanced Communication Technology Co., Ltd. has shown significant growth in revenue and net profit, indicating strong performance in the IT solutions sector for commercial banks [2]. Group 1: Stock Performance - As of January 14, Advanced Communication's stock price increased by 2.04%, reaching 15.97 CNY per share, with a trading volume of 1.08 billion CNY and a turnover rate of 1.76%, resulting in a total market capitalization of 6.868 billion CNY [1]. - Year-to-date, the stock price has risen by 6.04%, with a 6.61% increase over the last five trading days and a 13.42% increase over the last 20 days, while it has decreased by 1.96% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Advanced Communication achieved a revenue of 2.273 billion CNY, representing a year-on-year growth of 49.83%, and a net profit attributable to shareholders of 86.1446 million CNY, reflecting a year-on-year increase of 163.10% [2]. - The company has distributed a total of 173 million CNY in dividends since its A-share listing, with 78.2802 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Advanced Communication decreased by 11.68% to 51,500, while the average number of circulating shares per person increased by 13.23% to 7,504 shares [2]. - Among the top ten circulating shareholders, the Huabao Zhongzheng Financial Technology Theme ETF holds 7.0084 million shares, an increase of 3.4042 million shares from the previous period, while Hong Kong Central Clearing Limited and Huafu Zhongzheng Artificial Intelligence Industry ETF are new entrants in the top ten shareholders [3].

（文章来源：每日经济新闻） 每经AI快讯，1月14日，比特币升破96000美元，日内涨5.18%。 ...

来源：新浪证券-红岸工作室 4、根据2024年年报，公司海外营收占比为73.50%，受益于人民币贬值。 5、2023年4月7日互动易回复：公司在AI语音控制、AI智能双变频技术等方面已有布局，公司产品智能 化水平可以满足客户的需求。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 1月13日，TCL智家跌0.88%，成交额1.54亿元，换手率1.39%，总市值110.47亿元。 异动分析 跨境电商+一带一路+家用电器+人民币贬值受益+人工智能 1、2022年10月31互动易回复：公司有部分出口业务通过线上跨境电子商务平台开展，目前占比较小。 2、2023年5月9日公司互动：公司已实现连续14年中国冰箱出口量第一，公司为包含一带一路国家在内 的全球130多个国家和地区提供优质的冰箱冷柜产品。据公司官网显示，公司设有欧洲事业部以促产品 销往欧洲。 3、公司的主营业务是家用冰箱、冷柜及洗衣机的研发、生产及销售。 主力没有控盘，筹码分布非常分散，主力成交额4783.60万，占总成交额的7.24%。 技术面：筹码平均交易成本为10.55元 该股筹码平均交易成本为10.55元， ...

Core Viewpoint - The global monetary financial system has entered a new phase of "triple differentiation" as of January 2026, driven by the implementation of China's digital yuan (e-CNY), the U.S. GENIUS Act, and Europe's defensive alliances, marking a shift from mere payment efficiency improvements to a profound restructuring of the post-World War II Bretton Woods system [1] Group 1: China's Paradigm - The new digital yuan framework effective from January 1, 2026, signifies an expansion of monetary banking theory, transitioning from "M0 replacement" to a more financially expansive "digital deposit currency" paradigm [4] - The new framework introduces a dual balance sheet structure, where e-CNY balances are legally defined as commercial bank liabilities, allowing digital currency to participate in the fractional reserve system and enabling banks to use e-CNY as a stable source of liabilities for credit issuance [5] - The introduction of a market-based interest rate mechanism allows commercial banks to pay interest on e-CNY wallets, transforming e-CNY into a high-liquidity interest-bearing asset, enhancing its appeal for global trade partners seeking asset preservation [6] Group 2: U.S. Strategy - The U.S. GENIUS Act establishes a unique digital currency strategy by abandoning retail CBDC development and instead regulating private digital currencies to serve as digital extensions of U.S. dollar hegemony [8] - The Act mandates that compliant digital currencies maintain a 1:1 liquidity asset reserve, effectively converting global demand for liquidity into a rigid demand for U.S. Treasury securities, creating a decentralized "digital treasury bond" distribution network [8][9] - The U.S. retains control through stringent regulations on centralized issuers, allowing for immediate and irreversible actions against specific blockchain addresses, enhancing its regulatory reach [9] Group 3: Europe's Dilemma - Europe is in a defensive phase, delaying the digital euro until 2029 due to privacy concerns and legislative challenges, adopting a mixed strategy of regulatory barriers and banking alliances [10] - The MiCA regulation establishes strict localization requirements for digital currencies, driving out non-compliant offshore entities while creating space for compliant institutions [10] - The digital euro's legislative focus has shifted towards a conservative "offline-first" principle, limiting its programmability and online compatibility, while public debates continue regarding the necessity of a robust public digital euro [11] Group 4: Core Variables Reshaping Competition - Interest rate competition is emerging as a key variable, with the introduction of interest-bearing e-CNY challenging the traditional dominance of non-interest-bearing digital dollars [12] - Infrastructure is critical, with China's mBridge creating a decentralized network that bypasses traditional SWIFT structures, while the U.S. attempts to upgrade existing systems [12] - The rise of smart contracts is leading to a contest over the definition of rules, with China promoting state-defined codes and the U.S. favoring private sector standards [12] Conclusion - The year 2026 marks a significant differentiation in global digital currencies, where currency transcends mere value measurement to become an extension of state will, necessitating adaptation to these profound changes for future survival and development [13]

证券日报网讯1月12日，天融信（002212）在互动平台回答投资者提问时表示，公司自2020年起在数字 货币、跨境支付安全相关领域加大技术储备和布局，可为客户提供网络安全、数据安全、智算云等产品 及解决方案。目前已有相关的软件订单，占营收的比例还较小。 ...

来源：新浪证券-红岸工作室 1月12日，TCL智家涨0.29%，成交额1.13亿元，换手率1.01%，总市值111.45亿元。 异动分析 跨境电商+一带一路+家用电器+人民币贬值受益+人工智能 1、2022年10月31互动易回复：公司有部分出口业务通过线上跨境电子商务平台开展，目前占比较小。 2、2023年5月9日公司互动：公司已实现连续14年中国冰箱出口量第一，公司为包含一带一路国家在内 的全球130多个国家和地区提供优质的冰箱冷柜产品。据公司官网显示，公司设有欧洲事业部以促产品 销往欧洲。 3、公司的主营业务是家用冰箱、冷柜及洗衣机的研发、生产及销售。 4、根据2024年年报，公司海外营收占比为73.50%，受益于人民币贬值。 5、2023年4月7日互动易回复：公司在AI语音控制、AI智能双变频技术等方面已有布局，公司产品智能 化水平可以满足客户的需求。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入147.10万，占比0.01%，行业排名3/10，该股当前无连续增减仓现象，主力趋势不明 显；所属行业主力净流入-1.24亿，当前无连续增减仓现象， ...

机构持仓方面，截止2025年9月30日，新北洋十大流通股东中，香港中央结算有限公司位居第六大流通 股东，持股621.41万股，为新进股东。 资料显示，山东新北洋信息技术股份有限公司位于山东省威海市环翠区昆仑路126号，成立日期2002年 12月6日，上市日期2010年3月23日，公司主营业务涉及智能设备/装备的研发、生产、销售和服务。主 营业务收入构成为：智能自助终端产品26.79%，打印扫描产品21.43%，服务运营业务14.55%，智慧金 融设备13.06%，关键基础零部件10.49%，智能物流装备9.19%，其他4.49%。 新北洋所属申万行业为：计算机-计算机设备-其他计算机设备。所属概念板块包括：智慧物流、小盘、 机器视觉、数字货币、彩票等。 截至12月31日，新北洋股东户数4.80万，较上期减少2.22%；人均流通股16275股，较上期增加2.27%。 2025年1月-9月，新北洋实现营业收入19.82亿元，同比增长16.82%；归母净利润6100.90万元，同比增长 56.26%。 分红方面，新北洋A股上市后累计派现15.79亿元。近三年，累计派现3.51亿元。 1月12日，新北洋盘中上涨2.0 ...