证券日报网讯1月6日，旋极信息（300324）在互动平台回答投资者提问时表示，百望股份将积极利用在 财税数字化领域建立的品牌、技术优势，探索在数字货币领域的发展机会。目前公司持有百望股份 9.5%的股份。 ...

导语： 日前，中国人民银行副行长陆磊发表题为《守正创新，稳步发展数字人民币》的文章（下称"陆文"），披露人民银行将出台《关于 进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》（下称《行动方案》），新一代数字人民币计量框架、管理体 系、运行机制和生态体系将于2026年1月1日正式启动实施。这是贯彻落实"加快建设金融强国""稳步发展数字人民币"战略部署，做好金 融"五篇大文章"的重大举措，意味着数字人民币将由数字现金的1.0时代迈入数字存款货币的2.0时代。 1 中国是数字货币探索的先行者 2025年国际金融领域的大事件之一是，美国通过了三项关键的数字货币法案：《指导与建立美元稳定币国家创新法案》（下称 《GENIUS法案》，又称《天才法案》）、《2025数字资产市场清晰法案》（即《CLARITY法案》）和《反央行数字货币监控国 家法案》。这标志着私人发行美元数字货币（即美元稳定币）将逐步被监管"收编"。一时间，美国将用美元稳定币给美元霸权续命 的说法甚嚣尘上。国内不少专家学者也纷纷呼吁中国要奋起直追。彼时，似乎不讲稳定币，专家就是落伍；不搞稳定币，国家就要 掉队。 当时笔者一再澄清，中国早就开 ...

Core Insights - The global trade and financial system is at a historic crossroads, with the digital revolution reshaping industry and finance, making cross-border data flow the "new oil" driving international trade growth [1][2] - The traditional centralized Public Key Infrastructure (PKI) is increasingly seen as a barrier to the free flow of data, revealing structural flaws that hinder global digital trade [2][4] - A shift towards a decentralized trust model, exemplified by China's CCKS technology, is essential for establishing a new digital infrastructure that ensures data security and respects national sovereignty [3][9] Group 1: Trust Crisis in Global Trade - The centralized PKI system, reliant on a few Certificate Authorities (CAs), is facing structural challenges, including high operational costs and vulnerability to geopolitical influences [2][4][7] - The complexity and cost of maintaining trust chains in cross-border transactions are exacerbated by the reliance on a centralized model, leading to systemic risks [6][8] - The concentration of trust in a few entities creates significant risks, as evidenced by past security breaches that have compromised global trust [6][7] Group 2: Paradigm Shift with CCKS Technology - CCKS represents a revolutionary shift in digital trust, moving from centralized trust institutions to algorithm-based trust, which enhances security and reduces costs [3][9] - The CCKS system provides a unique digital identity for all entities, ensuring authenticity and integrity in data exchanges, thus laying the foundation for a new digital economy [9][10] - CCKS promotes an "inherent security" approach, enabling secure data transactions even in offline scenarios, which is crucial for maintaining trade continuity [10][12] Group 3: Evolution of International Standards - Historically, international standards in the digital domain have been dominated by Western countries, creating a "standard hegemony" that limits the participation of emerging economies [14][15] - China's initiative to develop a series of ISO standards in digital fields aims to create a more balanced international standard system, reflecting diverse needs and enhancing global cooperation [16][20] - These standards, based on CCKS technology, facilitate secure and efficient data flow, providing a framework for global digital trade and addressing long-standing issues of trust and efficiency [22][24] Group 4: Restructuring Digital Financial Infrastructure - Traditional financial infrastructures face challenges such as high transaction costs and exclusion of unbanked populations, necessitating a new approach to digital finance [26][27] - CCKS technology addresses these challenges by enabling secure, low-cost digital wallets and payment networks that can operate efficiently in various environments [33][36] - The integration of CCKS with advanced technologies allows for the creation of a robust digital currency platform that meets the demands of modern trade while ensuring security and inclusivity [38]

知名机构近一周（12.29-1.4） 调研名 *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 上周共计15家公司获知名机构调研；行业上，机械设备获机构关 力设备和计算机；个股上，京北方获最多机构调研，共计71家， 技术和金融科技服务商;其后分别为柳工（65家）和欧陆通（53 | 机构名称 | 股票名称 | 调研目期 | 调研机构数 | 所属行业 | | --- | --- | --- | --- | --- | | 高毅资产 | 柳工 | 12月29日 | ୧୮ | 机械设备 | | | 欧陆通 | 12月29日 | 53 | 电力设备 | | | 美的集团 | 12月31日 | 20 | 家用电器 | | | 久立特材 | 12月30日 | ರಿ | 钢铁 | | 重阳 | 宇信科技 | 1月4日 | 48 | 计算机 | | | 晶科能源 | 12月30日 | 22 | 电力设备 | | 星石投资 | 南矿集团 | 12月30日 | 8 | 机械设备 | | 红杉 | 江波龙 | 12月29日 | 14 | 电子 | | 拾贝投资 | 宇信科技 | 1月4日 | 48 | ...

Group 1 - The core viewpoint of the news is that Nantian Information has shown a positive stock performance recently, with a 2.34% increase in stock price on January 6, reaching 18.40 CNY per share, and a total market capitalization of 7.174 billion CNY [1] - As of September 30, 2025, Nantian Information reported a revenue of 7.091 billion CNY, reflecting a year-on-year growth of 21.90%, while the net profit attributable to shareholders was -10.8998 million CNY, a significant decrease of 119.49% compared to the previous period [2] - The company has a diverse revenue structure, with IT product sales and industrial internet accounting for 47.59%, integrated solutions 31.41%, software development and services 19.63%, smart channel solutions 1.02%, and others 0.36% [1] Group 2 - Nantian Information has a total of 59,900 shareholders as of September 30, 2025, which is a decrease of 20.65% from the previous period, while the average number of circulating shares per person increased by 26.02% to 6,494 shares [2] - The company has distributed a total of 469 million CNY in dividends since its A-share listing, with 102 million CNY distributed in the last three years [3] - Among the top ten circulating shareholders, Huabao Zhongzheng Financial Technology Theme ETF holds 4.274 million shares, an increase of 1.9471 million shares from the previous period, while Hong Kong Central Clearing Limited has exited the top ten list [3]

Group 1: Global Trade and Financial Market Dynamics - The unilateral imposition of "reciprocal tariffs" by the Trump administration marked a structural reversal in global trade policy, leading to significant financial market volatility, with G20 countries implementing trade restrictions covering $2.9 trillion, surpassing trade facilitation measures for the first time [1] - The trade war and financial market turmoil mutually reinforced each other, creating a core risk landscape for the global economy in 2025 [2] Group 2: Digital Currency Competition - In 2025, major economies shifted from technological exploration to institutional construction in the digital currency space, with the U.S. establishing a regulatory framework for cryptocurrencies through the GENIUS Act and Hong Kong introducing a stablecoin regulatory draft [3] - The rapid development of digital currency regulation signifies a critical phase in digital financial governance, with countries competing for monetary sovereignty and financial discourse power [3] Group 3: Global Debt Levels - Global debt reached a historic high of $337.76 trillion by mid-2025, with developed markets' debt being 2.08 times that of emerging markets, although the latter experienced a faster debt growth rate [4] - The rising global debt levels raise concerns about financial system vulnerabilities and the need for effective multilateral debt restructuring mechanisms [5] Group 4: U.S. Federal Reserve Monetary Policy - The Federal Reserve initiated a rate-cutting cycle in September 2025, reducing the federal funds rate to a range of 3.50% to 3.75%, amidst concerns of economic recession due to a weakening labor market [6] - The depreciation of the dollar against other currencies and the Fed's monetary policy uncertainty contributed to global financial market volatility [7] Group 5: Euro Strength and Economic Implications - The euro's nominal effective exchange rate index rose to a five-year high, driven by increased demand for euro assets amid global economic uncertainty, despite the European Central Bank's rate cuts [8] - The euro's appreciation poses challenges for the eurozone's manufacturing exports, as geopolitical risks and rising tariffs continue to impact economic growth prospects [8] Group 6: Japan's Monetary Policy Shift - Japan's central bank raised interest rates to 0.75%, marking a 30-year high, indicating a potential normalization of monetary policy amid economic recovery signals [9] - The implications of Japan's rate hike on global monetary trends remain limited, as the overall trend of monetary easing persists [9] Group 7: Precious Metals Market - Gold and silver prices surged to historical peaks in 2025, with gold reaching $4,530.8 per ounce and silver hitting $70.155 per ounce, driven by geopolitical tensions and expectations of continued monetary easing [10] - The price increases reflect a shift towards a more balanced and stable international monetary order, with precious metals becoming key assets in the evolving financial landscape [10] Group 8: Technology Sector Volatility - The total market capitalization of major tech companies approached $22 trillion, but a significant sell-off occurred in November 2025 due to concerns over high valuations and potential bubble risks [11] - The market's shift from "imagination premium" to "realization assessment" indicates a structural adjustment in global capital risk preferences, with funds potentially reallocating towards more stable growth markets [11] Group 9: Declining Dollar Dominance - The dollar's share in global foreign exchange reserves fell to 56.92%, marking the lowest level since 1995, amidst a trend of "de-dollarization" driven by geopolitical tensions and the U.S. tariff policies [12] - The decline in the dollar's reserve share reflects a broader diversification trend in global foreign exchange reserves, although the dollar's dominance remains relatively stable in the short term [12] Group 10: BRICS Expansion - Indonesia's accession as the tenth member of BRICS signifies a significant expansion of the group's economic influence, with member countries now representing over 40% of global GDP and more than half of the world's population [13] - The expansion of BRICS reflects a concerted effort by non-Western nations to reform global governance and create a more resilient economic framework amidst rising protectionism [13]

证券日报网讯1月5日，东港股份（002117）在互动平台回答投资者提问时表示，公司目前有研发、生产 数字货币卡的相关技术储备，并将根据国家的有关规则完善技术方案，在通过国家检测机构的检测后， 推出相关产品。 ...

1月6日，天阳科技盘中上涨2.22%，截至10:24，报20.73元/股，成交1.79亿元，换手率2.06%，总市值 101.19亿元。 资金流向方面，主力资金净流出27.75万元，特大单买入1265.96万元，占比7.09%，卖出502.07万元，占 比2.81%；大单买入3046.83万元，占比17.06%，卖出3838.46万元，占比21.49%。 天阳科技今年以来股价涨0.83%，近5个交易日涨4.49%，近20日涨9.22%，近60日跌5.77%。 资料显示，天阳宏业科技股份有限公司位于北京市朝阳区阜通东大街1号院3号楼9层2单元121005，成立 日期2003年7月9日，上市日期2020年8月24日，公司主营业务涉及技术开发、技术服务、咨询服务和系 统集成。主营业务收入构成为：技术开发69.43%，技术服务28.56%，咨询服务1.40%，系统集成 0.47%，其他(补充)0.13%。 天阳科技所属申万行业为：计算机-IT服务Ⅱ-IT服务Ⅲ。所属概念板块包括：RWA概念、电子支付、数 字货币、移动支付、阿里云等。 截至9月30日，天阳科技股东户数4.95万，较上期减少24.01%；人均流通股852 ...

丨证券研究报告丨 行业研究丨行业周报丨软件与服务 [Table_Title] 2026 年第 1 周计算机行业周报： 假期 AI 利好频出，关注国内 AI 应用表现 报告要点 [Table_Summary] 上周计算机板块持续上涨，整体上涨 1.23%，在长江一级行业中排名第 4 位，两市成交额占比 为 6.72%，数字货币相关标的活跃。上周中国航天发射迎来年度收官，全年共实施 92 次宇航 发射，刷新年度发射次数纪录；数字人民币 App2.0 版本上线； SpaceX 宣布，将降低数千颗 "星链"卫星的轨道高度，以降低碰撞风险。建议关注：1）国内大模型厂商；2）国内大型云 厂商；3）垂类场景 Agent 厂商；4）国产算力产业链。 分析师及联系人 [Table_Author] 宗建树 陈耀文 SAC：S0490520030004 SAC：S0490525070002 SFC：BUX668 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 软件与服务 cjzqdt11111 [Table_Title 2026 年第 12]周计算机行业周报： 假期 AI 利好频出， ...

Group 1 - The company Huazhi Chuantong (300045.SZ) stated on its investor interaction platform that it is not currently involved in any digital currency-related business [1]