投资要点 来源：市场资讯 （来源：孙婷非银金融研究） | 盈利预测与估值 | 2024A | 2025A | 2026E | 2027E | 2028E | | --- | --- | --- | --- | --- | --- | | 营业总收入(百万港元) | 22,374 | 29.161 | 30.582 | 32.734 | 35,332 | | 同比(%) | 9.06% | 30.33% | 4.87% | 7.04% | 7.94% | | 归母净利润(百万港元) | 13.050 | 17.754 | 18.966 | 20.512 | 22.415 | | 同比(%) | 10.02% | 36.05% | 6.83% | 8.15% | 9.28% | | EPS-最新摊薄(港元/股) | 10.29 | 14.00 | 14.96 | 16.18 | 17.68 | | P/E(现价&最新摊薄) | 40.36 | 29.66 | 27.77 | 25.68 | 23.50 | 事件：香港交易所发布2025年业绩：1）实现收入及其他收益292亿港元，同比+30%，归母净利润178亿 港 ...

Group 1 - The company Hai'an Group (001233.SZ) has announced the issuance price for its shares at 48.00 yuan per share based on preliminary inquiry results [1] - The pricing decision took into account various factors including remaining bids, subscription amounts, effective subscription multiples, industry position, market conditions, valuation levels of peer companies, funding needs, and underwriting risks [1] - The subscription date for both offline and online offerings is set for November 14, 2025, with specific time slots for each type of subscription [1]