证券研究报告 | 2026年02月13日 金融工程日报 沪指震荡下行收跌逾 1%，存储器、半导体设备逆势拉升 核心观点 金融工程日报 市场表现：20260213 市场全线下跌，规模指数中中证 2000 指数表现较好， 板块指数中科创100指数表现较好，风格指数中沪深300成长指数表现较好。 国防军工、消费者服务、食品饮料、电子、农林牧渔行业表现较好，有色金 属、石油石化、建材、钢铁、电新行业表现较差。中航系、航空发动机、半 导体设备、通用航空、航母等概念表现较好，光纤、玻璃纤维、钨矿、PTA、 稀土等概念表现较差。 市场情绪：20260213 收盘时有 46 只股票涨停，有 17 只股票跌停。昨日涨 停股票今日表现低迷，赚钱效应较弱，高开低走，收盘收益为-1.10%，昨日 跌停股票今日收盘收益为-2.67%。今日封板率 78%，较前日提升 0%，连板 率 16%，较前日下降 20%。 市场资金流向：截至 20260212 两融余额为 26456 亿元，其中融资余额 26293 亿元，融券余额 163 亿元。两融余额占流通市值比重为 2.5%，两融 交易占市场成交额比重为 10.0%。 折溢价：20260212 ...

证券日报网讯2月13日，华创云信（600155）在互动平台回答投资者提问时表示，根据《上市公司监管 指引第10号—市值管理》等相关要求，结合公司的发展战略和经营情况，制定了《估值提升计划》，主 要内容包括：一是坚持数智驱动，提升核心竞争力；二是稳妥开展并购重组，优化资产结构和业务布 局；三是完善员工持股计划，优化长效激励约束机制；四是重视股东回报，提升公司投资价值；五是坚 持规范运作，提升公司治理效能；六是持续提高信息披露质量，践行可持续发展理念；七是加强投资者 关系管理，积极传递公司价值。 ...

Group 1 - The core viewpoint of the article is that Guangfa Securities has disclosed its performance situation according to relevant regulations [1] - The company has scheduled the disclosure date for its 2025 annual report to be March 31, 2026 [1]

证券日报网讯 2月13日，中国银河（601881）在互动平台回答投资者提问时表示，股价涨跌受多重因素 的影响。公司将在持续做好经营工作、提升内生价值的同时，通过多样化方式和渠道开展投资者沟通工 作、市值管理工作，努力推动公司市场价值与内在价值相匹配。 ...

Core Viewpoint - The company emphasizes the importance of risk management in all its business activities, adhering to regulatory requirements and internal risk control standards [1] Group 1: Risk Management - The company places risk management at the core of its business operations [1] - All investment activities are conducted in strict compliance with regulatory requirements and internal risk control standards [1] - The company employs diversified asset allocation and dynamic management to effectively mitigate potential market volatility [1] Group 2: Future Outlook - The company aims to balance returns and risks in its future operations [1] - The commitment to creating sustainable value for investors remains a priority [1]

Core Viewpoint - The company acknowledges investor concerns regarding short-term stock performance and emphasizes its commitment to enhancing long-term value through core business strengthening and optimizing shareholder returns [1] Financial Reporting - The company announced that the 2025 performance report will be disclosed on January 27, 2026, and the annual report will be officially released on March 28, 2026 [1]

智通财经APP讯，西南证券(600369.SH)披露向特定对象发行A股股票预案，发行对象为包括渝富控股及 其一致行动人重庆水务环境集团在内的符合中国证监会及上交所规定条件的不超过35名(含35名)特定对 象。其中，渝富控股认购金额为15亿元，重庆水务环境集团认购金额为10亿元。本次向特定对象发行A 股股票募集资金总额不超过60亿元，扣除发行费用后拟全部用于补充公司资本金。 ...

Core Viewpoint - Hongta Securities is currently operating normally and in compliance, with a strong performance forecast for 2025, indicating significant growth in net profit and non-recurring net profit [2] Financial Performance - The company expects a net profit attributable to shareholders of 1.215 billion yuan in 2025, representing a year-on-year increase of 59.05% [2] - The non-recurring net profit is projected to grow by 57.42% year-on-year, indicating an overall improvement in profitability [2] Future Outlook - The company plans to continue its efforts in standardized operations and value enhancement, aiming to protect the legitimate rights and interests of all shareholders [2]

Core Viewpoint - The company emphasizes that its stock price is influenced by various factors including macroeconomic conditions, policy environment, industry development, market supply and demand, market sentiment, and company performance [1] Group 1: Shareholder Value and Management - The company is committed to enhancing shareholder value through a strict market value management system, which includes cash dividends, information disclosure, investor relations management, and ESG governance [1] - Since its listing in 2009, the company has distributed a total of 37.7 billion yuan in cash dividends and repurchased shares worth 664 million yuan [1] - The mid-2025 dividend is projected to reach 1.035 billion yuan, representing a year-on-year growth of 17.82% [1] Group 2: Future Outlook - The company aims to continuously enhance its business competitiveness and strives for synchronized growth in market value and performance [1]

Core Viewpoint - China Merchants Securities emphasizes a prudent and steady investment philosophy, indicating that its investment direction will be dynamically adjusted based on market conditions and strategic planning [1] Group 1 - The company adheres to strict information disclosure rules and encourages investors to pay attention to official announcements for detailed information [1]