为行业培育更多成熟参与者 随着中国资本市场深化改革与投资者结构变迁，投资者教育已成为金融机构履行社会责任、构建良性市 场生态的核心环节。自2024年年末正式入驻期货日报投资者教育基地（下称投教基地）以来，海通期货 将这一平台视为战略枢纽，系统性地推进投教工作战略升级。2025年，通过特色品牌活动打造、专业化 内容体系构建及行业深度协作，海通期货不仅显著提升了投资者服务的广度与深度，更在实践中勾勒出 一幅"赋能投资者理性参与，助力市场稳健运行"的清晰图景。 构建专业、趣味与实用的"平衡之桥" 以赛促学，形成从校园到实盘的成长闭环 据期货日报记者了解，海通期货2025年的投教实践，突出表现为通过系统性品牌项目，构建覆盖不同阶 段投资者的成长支持体系。除产业与模拟大赛外，海通期货在高校人才早期培育领域，将"郑商所杯"视 为重要抓手，形成了系统化的育人模式。 2025年，海通期货对接全国10余所高校，推动超过8000名学生报名，报名人数位居行业前列，并荣获优 秀组织奖一等奖。海通期货相关负责人介绍，这一成绩背后，是一套形成闭环的系统化育人模式：赛 前，组织金牌讲师与研究团队开展"期货知识进校园"系列活动，进行基础普及 ...

当专业的投资分析被流量化、娱乐化的荐股内容取代，当理性的价值判断让位于情绪化的跟风操作时，不仅会让无数散户 的个人财富面临缩水风险，更可能加剧市场的非理性波动——大量散户的盲目买卖行为，极易放大板块涨跌幅度，干扰资本市 场正常的定价机制，侵蚀市场长期健康发展的根基。 此次荐股热潮的核心风险，在于它打破了证券投资咨询的专业壁垒与法律边界。我国证券法明确规定，从事证券投资咨询 业务必须"经国务院证券监督管理机构核准，取得经营证券业务许可证"，任何未获许可的荐股行为，无论主体是谁，本质上都 是非法活动。 缺乏专业知识的普通散户，极易被"身边人推荐""多人追捧"的羊群效应裹挟，并将偶然的盈利当作必然的投资逻辑，彻底 忽视股市"高收益与高风险相伴相生"的底层次规律。 从更深层次看，荐股热潮背后也折射出散户投资者教育仍任重道远。在资本市场改革深化的当下，散户仍是市场的重要参 与者。数据显示，当前A股投资者已超过2.5亿，其中95%以上为中小投资者。同时，尚有部分投资者缺乏风险识别能力，对"内 幕消息不可信""非法荐股是陷阱"的认知仍不足。 ■田鹏 农村大娘在网络闲聊时分析个股走势、幼儿凭借稚嫩的"荐股金句"刷屏网络……近 ...

作为投教基地的首批入驻机构之一，银河期货在过去两年中深度参与了投教平台的建设与运营。回顾这 段历程，银河期货相关负责人表示："最深的感受可以总结为三点：专业上有加持、资源上能共享、行 业里能共赢。" "期货日报凭借行业权威性与广泛影响力，搭建了高效且受众精准的投教平台，整合了大量的行业投教 资源，实现了行业优质投教资源的共享互通。"银河期货相关负责人表示，投教基地汇聚了行业优秀机 构，形成了相互学习、协同进步的良好氛围，进而在共同推进期货市场投教生态建设的过程中，促使公 司不断精进自身专业服务能力，并融入行业共建中。 在投教内容的具体呈现上，银河期货采取了多元化策略，持续上传包括趣味科普短视频、主题投教活动 纪实等多种形式的资源至投教基地平台。投教基地后台数据清晰地揭示了一个趋势：视频类作品的浏览 量与触达人次长期位居榜首，远超其他形式内容，成为最受投资者欢迎的投教载体。 这一现象背后，是投资者学习偏好与信息接收习惯的深刻变迁。银河期货相关负责人告诉期货日报记 者，相较于文字类内容，视频作品凭借生动形象的画面呈现、通俗易懂的语言表达、贴近生活的案例塑 造等优势，将复杂的期货知识、晦涩的风险防范要点转化为直观易 ...

"从保护投资者的角度来看，上市公司在筹划重大事项的过程中，要强化信息披露，对拟进行的重大事 项对主业的影响、协同效应等信息进行说明，保障投资者的知情权。此外，也要加强投资者教育，引导 市场树立长期投资、价值投资理念。"上海明伦律师事务所律师王智斌说。 在1月13日晚间的公告中，德邦股份提及，为了更好地顺应物流行业的发展趋势，更为高效、有力地统 筹协调与整合JDLogistics，Inc.（京东物流股份有限公司，以下简称"京东物流"）体系内的物流资源， 亦考虑积极践行公司间接控股股东京东卓风于收购德邦股份时作出的关于同业竞争的承诺，根据相关法 律、法规及规范性文件的规定，经京东卓风提议，并经公司董事会审议通过，决定以股东会决议方式主 动撤回A股股票在上海证券交易所的上市交易。 在宣布停牌筹划重大事项之后，德邦股份（603056）于1月13日晚间揭开了"重大事项"的盖头：公司拟 以股东会决议方式主动撤回A股股票在上海证券交易所的上市交易，并在取得上海证券交易所终止上市 决定后申请在全国中小企业股份转让系统退市板块继续交易。现金选择权的行权价格为19.00元/股。这 也是2026年首家主动终止上市的A股公司，公司股 ...

Core Viewpoint - The Huishang Futures Investor Education Base focuses on serving the real economy and enhancing financial literacy through diversified and digitalized investor education services, achieving significant results and increasing social influence in 2025 [1][7]. Group 1: Empowering Enterprises in Risk Management - The education base emphasizes serving the real economy by addressing the price risk management needs of industry chain enterprises through the "New Perspectives on Industry" series of courses, covering risk identification, tool application, and delivery [8]. - A total of over 4,000 industry investors and practitioners were served through multiple training sessions conducted in a hybrid format of online and offline [8]. Group 2: Building a Digital Education Platform - The education base has optimized its online education platform by integrating various tools such as the "Huishang Futures" app and "Cloud Research," providing a comprehensive "accompanying trading" education model that adapts to both PC and mobile [9]. - Practical tools like "simulated trading" and margin calculators have been introduced, marking a significant step towards digitalization and inclusivity in investor education [9]. Group 3: Deepening National Education and Talent Cultivation - The education base has made strides in integrating investor education into the national education system, collaborating with universities and participating in initiatives like the "Hundred Schools and Ten Thousand Talents" project [10]. - Over 2,000 students participated in the "Zhengzhou Commodity Exchange Cup" national college student financial simulation trading competition, enhancing the bridge between theory and practice [10]. Group 4: Enhancing Financial Literacy for All - The education base has organized various public education activities in response to regulatory calls, including events during "Consumer Rights Day" and "Financial Knowledge Promotion Month," reaching over 50,000 participants through 89 different activities [12]. - Targeted services for different demographics, such as anti-fraud lectures for college students and financial literacy courses for youth, have been developed to improve financial awareness [12]. Group 5: Optimizing Experience and Innovative Product Delivery - The physical education base has upgraded its facilities, adding interactive electronic devices and receiving approximately 12,000 visitors throughout the year [12]. - Innovative educational products, such as risk-aware keychains and notebooks, have been created and distributed, fostering a cycle of learning, interaction, and retention among investors [12]. Group 6: Recognition of Quality and Professional Achievements - The education base has been recognized as "Excellent" for the fourth consecutive year in the Anhui Province Securities and Futures Investor Education Base assessment, along with multiple industry awards for its innovative cases and educational videos [7][12].

作为投教网站突出亮点，"服务实体经济"专栏汇聚了期货地图、产业数据、交割仓库信息等权威工具与 资源，致力于为产业客户特别是中小微企业提供涵盖研究、风控、交割等环节的一站式风险管理工具 包，助力企业应对价格波动、优化经营决策，切实彰显期货市场服务实体经济高质量发展的根本宗旨。 徽商期货相关人士表示，作为省级实体投教基地的线上门户与延伸，公司的投教网站创新融合了基地 VR全景导览、线上直播课程、线下活动预约等联动功能，实现了线上、线下投教资源的无缝对接与立 体化呈现。未来将持续优化平台功能、深化内容建设、丰富服务手段，努力将平台打造成为广大投资者 信赖的"专业学苑"与产业客户广泛依托的"风险管理智库"，为促进资本市场健康稳定发展、服务实体经 济行稳致远贡献更多期货力量。 本报讯 （记者王宁）1月5日，徽商期货有限责任公司投资者教育基地全新官方网站正式上线运行。该 平台深度整合线上与线下投教资源，全面适配PC端与移动端，着力构建一站式、综合化的投资者教育 服务体系，标志着该公司在推进投资者教育工作数字化、智能化与普惠化方面迈出坚实一步。 据了解，徽商期货投教网站核心板块"知识中心"采用阶梯式设计，涵盖"新手入门"" ...

Core Insights - The new official website of Huishang Futures Investor Education Base was launched on January 5, 2026, integrating online and offline educational resources to create a comprehensive investor education service system, marking a significant step towards digitalization and inclusivity in investor education [1][4]. Group 1: Knowledge Center - The "Knowledge Center" is designed in a tiered format, including modules for "Beginner's Guide," "Knowledge Advancement," and "Options Space," utilizing various media formats to explain futures market fundamentals, trading strategies, risk management, and derivative knowledge [5]. - The center aims to provide tailored learning content for both novice and advanced learners, helping them build a systematic and rational investment knowledge framework [5]. Group 2: Industry Services - The "Service for the Real Economy" section features authoritative tools and resources such as futures maps, industry data, and delivery warehouse information, aimed at providing a one-stop risk management toolkit for industry clients, especially small and medium enterprises [5]. - This section emphasizes the commitment of the futures market to support the high-quality development of the real economy by helping businesses manage price fluctuations and optimize operational decisions [5]. Group 3: Simulation and Practical Skills - The "Simulation Experience" area offers a comprehensive experience from risk tolerance assessment to simulated trading and profit-loss analysis, helping investors understand trading rules, test investment strategies, and hone practical skills [6]. - This initiative aims to instill a strong risk prevention awareness among investors, promoting the application of learned knowledge in real-world scenarios [6]. Group 4: Investor Protection - A dedicated "Investor Protection" section interprets regulatory policies and legal frameworks, regularly publishing typical cases to promote rational, long-term, and value-based investment principles, as well as legal rights protection methods [7]. - This section enhances investors' abilities to identify risks, protect themselves, and assert their rights legally [7]. Group 5: Online and Offline Integration - The website innovatively integrates VR panoramic tours, online live courses, and offline activity reservations, achieving seamless connectivity and a multi-dimensional presentation of educational resources [7]. - The Huishang Futures Investor Education Base aims to continuously optimize platform functions, deepen content development, and enrich service methods, aspiring to become a trusted "professional academy" for investors and a widely relied "risk management think tank" for industry clients [7].

Core Viewpoint - The company is actively promoting financial literacy among university students through targeted educational activities, aiming to instill rational investment concepts and enhance financial awareness among the youth [1][4][5]. Group 1: Event Overview - Two educational events were held on December 16 and 24 at Shanghai Business School and East China Normal University, attracting over 100 students and faculty members [1]. - The events featured interactive teaching methods and practical financial knowledge, receiving positive feedback from participants [1]. Group 2: Content and Focus - At Shanghai Business School, the focus was on "Capital Market Practices and Risk Prevention," addressing common financial pitfalls faced by students, such as campus loans and illegal stock recommendations, using real-life case studies [4]. - The session included discussions on low-risk investment tools like government bond reverse repurchase agreements and mutual fund investments, with students actively engaging in Q&A sessions [4]. Group 3: Educational Approach - The event at East China Normal University emphasized "Financial Knowledge Popularization and Financial Literacy Development," tailored to the diverse academic backgrounds of students [5]. - The content covered personal credit maintenance, consumer rights protection, and the cultivation of rational investment principles, using simple language to build a comprehensive financial knowledge framework [5]. Group 4: Student Feedback and Impact - Students expressed that the events clarified practical financial concepts, with specific feedback highlighting the relevance of the information presented compared to textbook knowledge [7]. - The activities are part of the company's commitment to social responsibility and aim to foster a culture of rational investment among the younger generation [7].

Core Insights - The "2025 Voice of China" annual education gala highlighted the theme "Intelligent Future, Dreaming Far" and recognized Qiantang Education for its innovative "Three-Stage Nine-Dimension" investor education system, awarding it the title of "2025 Annual Credibility Education Brand" [1] Group 1: Three-Stage Nine-Dimension Model - The "Three-Stage Nine-Dimension" model is designed to address the layered demand for investor education and aims to structure and reorganize the learning process [3] - The first stage focuses on "Cognitive Construction," emphasizing foundational financial knowledge and market mechanisms to help learners understand basic market logic, risk, and return [3] - The second stage emphasizes "Mental Training," developing skills in logical analysis, value understanding, and risk identification to promote rational decision-making in complex information environments [3] - The third stage concentrates on enhancing "Knowledge Application Ability," guiding learners to understand decision-making logic and psychological changes in various market conditions without specific investment advice [3] Group 2: Digital Teaching Support System - Qiantang Education has developed a digital teaching support system that includes an independent teaching platform, intelligent assessment system, learning behavior monitoring tools, and online learning communities to visualize learning paths and track progress [4] - This system aims to promote structured and standardized development in investor education through data-driven methods [4] Group 3: AI-Driven Learning Experience - The integration of AI technology in education is transforming traditional teaching methods, enabling personalized learning support [6] - Qiantang Education's AI assistant "Dafa 3.0" has been upgraded to improve response efficiency, identify knowledge gaps, and match learning paths, enhancing the timeliness and relevance of learning support [6] - The "VPS Visualization Progress System" utilizes dynamic knowledge maps for pre-class diagnostics, in-class feedback, and post-class tracking, providing real-time support throughout the learning process [6] Group 4: Commitment to Education - Qiantang Education is dedicated to enhancing educational experiences and outcomes by leveraging big data and AI technologies to create a networked, digital, personalized, and lifelong education system [7] - The organization aims to improve public financial literacy and risk management awareness, promoting systematic investment concepts among families in China [7] Group 5: Recognition and Awards - Qiantang Education has received multiple accolades for its continuous innovation and user experience, establishing itself as a benchmark brand in the online investor education sector [9]

Group 1 - Shenzhen Qianjing Network Co., Ltd. and its investor education base have been awarded three honors by the Shenzhen Securities Association for their contributions to investor education in 2025, marking the fourth consecutive year of receiving the "Outstanding Investor Education Base" award [1] - The Qianjing investor education base, as the only national-level investor education base under the People's Daily system, adheres to the principle of "communication creates value" and focuses on technology-driven and innovative services to enhance investor protection in the capital market [1] - The base has implemented a digital transformation with the introduction of a smart XR exhibition hall, transitioning from "static visits" to "immersive experiences," thereby creating a modern investor education service system that is extensive, in-depth, and diverse [1] Group 2 - Leveraging over 20 years of experience in serving the capital market, the company focuses on investor relations interaction and financial information services, continuously innovating with activities such as collective reception days for listed companies and investor education lectures [2] - The company has conducted over ten thematic investor education activities throughout the year, receiving high praise from the China Securities Regulatory Commission and various local regulatory bodies, which enhances market transparency and investor interaction [2] - The recent recognition of three honors serves as both an affirmation of past efforts and an encouragement for future development, with plans to deepen technological empowerment and explore new technologies like AI and virtual reality in investor education [2]