研究所： 证券分析师： 林加力 S0350524100005 linjl01@ghzq.com.cn 证券分析师： 徐凝碧 S0350524110001 xunb@ghzq.com.cn [Table_Title] 2025Q4 单季度营收增速达到 16%，灵活调整金 2026 年 01 月 25 日 公司研究 评级：买入(维持) 融资产结构 ——南京银行（601009）2025 年业绩快报点评 最近一年走势 | 相对沪深 | 300 表现 | | 2026/01/23 | | | --- | --- | --- | --- | --- | | 表现 | | 1M | 3M | 12M | | 南京银行 | | -8.9% | -7.6% | 2.2% | | 沪深 300 | | 1.8% | 2.1% | 23.6% | | 市场数据 | 2026/01/23 | | --- | --- | | 当前价格（元） | 10.35 | | 周价格区间（元） 52 | 9.91-12.20 | | 总市值（百万） | 127,962.92 | | 流通市值（百万） | 127,962.92 | | 总股本（万股 ...

Summary of Key Points Core Viewpoint - The company has authorized its management to dispose of financial assets not exceeding 800 million yuan to optimize its asset structure and increase liquidity without affecting normal operations [1][2]. Transaction Overview - The company will manage the disposal of financial assets based on market conditions, with a maximum limit of 800 million yuan authorized for a period of 12 months from the board's approval date [1]. - As of May 31, 2025, the total market value of the company's financial assets, including stocks and funds, is approximately 2.267 billion yuan [2]. - The authorized disposal amount does not exceed 30% of the company's audited total assets for the year 2024 [2]. - The transaction does not constitute a related party transaction or a significant asset restructuring as defined by regulations [2]. Impact on the Company - The authorization aims to positively adjust the structure of financial assets, enhancing liquidity without impacting the company's normal production and operations [2]. - The company will account for the disposal of financial assets according to relevant accounting standards, with gains or losses from stock disposals recorded in retained earnings and those from fund disposals recorded in current profits and losses [2].