12月16日，由南方都市报主办，上海财经大学富国ESG研究院与妙盈科技共同支持的"2025责任中国 ·ESG可持续创新生态大会"在上海举行。会上，南方都市报"可持续创新实验室"课题组发布了 《2025·ESG可持续创新趋势洞察报告》。 ESG可持续创新生态大会现场。 上海财经大学富国ESG研究院副院长郭峰教授从信息披露角度指出，部分企业的ESG报告仍停留在形式 层面，与实际要求存在差距。罗兰贝格副合伙人屈思啸则从战略创新角度，阐述了ESG对企业的赋能价 值。 在圆桌讨论环节，来自妙盈科技、协鑫能科、波克公益基金会、中国电力及特步集团的嘉宾，围绕"价 值共生 碳路中国特色的可持续创新"展开深度交流。 为促进经济向绿向善发展，激励企业开展ESG创新实践，南方都市报"可持续创新实验室"联合上海财经 大学富国ESG研究院、妙盈科技组织专业评审委员会，综合评选出2025年度在ESG各领域表现卓越的企 业与案例。其中，九方智投控股（9636.HK）凭借"AI助推'投资平权'"项目，与腾讯"碳寻计划"、百 度"AI助老公益计划"等项目共同入选"年度ESG创新实践案例"。 九方智投控股入选"年度ESG创新实践案例" 业界共议 ...

这并非容维证券年内首次被罚。今年3月至8月，容维证券已有三次收到监管处罚。 今年以来，证券投顾机构违规频频，监管层也接连开出罚单。根据同花顺（300033）统计，截至12月13 日，今年以来监管层已累计开出罚单76张，涉及49家投顾机构，罚单数量已超去年全年水平。从处罚类 型来看，逾六成投顾机构被要求责令改正，10多家投顾机构被警示，还有机构被暂停新增客户。业内人 士认为，未来投顾行业将进一步洗牌。 多家机构被多次处罚 《证券投资顾问业务暂行规定》明确，"证券公司、证券投资咨询机构应当规范证券投资顾问业务推广 和客户招揽行为，禁止对服务能力和过往业绩进行虚假、不实、误导性的营销宣传，禁止以任何方式承 诺或者保证投资收益。" 根据记者梳理，第三方投顾机构违规受到监管处罚，大多涉及"提供虚假材料信息，人员资质管理不规 范，未依法履行其他职责，违规发布广告或进行虚假、误导宣传"。 12月12日，黑龙江证监局发文称，经查，黑龙江省容维证券数据程序化有限公司在员工直播账号使用和 直播人员资质管理方面存在不规范的问题，违反了相关规定。依据有关规定，黑龙江证监局决定对容维 证券采取出具警示函的行政监管措施，并要求其提交书面 ...

2025年中期业绩报告显示，九方智投控股上半年研发投入1.5亿元，聚焦AI及智能体升级；近六年来， 公司累计研发投入达15.2亿元。 自2023年上市以来，九方智投控股凭借"科技+投研"的双轮驱动战略、稳健增长的营收基本面以及持续 加码的股东回报，获得境内外资本市场的广泛认可，先后纳入港股通，并入选MSCI中国小型股指数、 富时中国小盘股指数。此次入选港交所科技100，进一步彰显了市场对九方智投控股过去多年在金融科 技领域技术探索与创新成果的高度肯定，同时也是对公司高成长性与投资价值的权威认可。 据港交所指数编制方案，港交所科技100主要汇聚六大科技领域，包括人工智能、生物科技及医药、电 动车及智能驾驶、信息科技、互联网和机器人，覆盖当前主要热门前沿板块及未来产业。 在编制方法上，港交所对成分股的所属领域、流动性及基本面均有要求。作为首只科技类宽基指数，港 交所对于企业近年的研发投入明确提及，过去两个财政年度的研发开支占收入的比例少于3%及过去两 个财政年度的收入按年增长少于5%的证券将被剔除。 近年来，九方智投控股始终坚持"科技+投研"双轮驱动战略，以AI、大数据技术赋能传统证券业务的转 型升级。2025年 ...

九方智投控股荣获2025"上证鹰·价值成长企业"奖 12月7日，由中国上市公司协会指导、上海证券报·中国证券网主办的2025上证（巢湖）上市公司高质量 发展大会在安徽合肥召开。本届大会以"资本赋能科创 产业引领未来"为主题，来自地方政府、监管部 门、上市公司、优强企业、金融机构和高校院所等领域逾1200位嘉宾参会，共同谋划上市公司高质量发 展的新蓝图。 九方智投控股（9636.HK）受邀出席本届上市公司高质量发展大会，并在2025"上证鹰·金质量"颁奖环节 凭借资本市场的卓越表现荣膺"价值成长企业"殊荣。 多方聚力，助力建设经济高质量发展生态 在中国经济迈向高质量发展新阶段的关键时期，优秀上市公司作为中国经济发展的增长"压舱石"、产 业"领头羊"，肩负着培育新质生产力、驱动产业升级的时代使命。 作为中国资本市场的年度权威盛会之一，大会伊始，安徽省省长王清宪，新华社副总编辑任卫东，中国 科学技术大学党委常委、副校长傅尧，以及来自上海证券交易所、深圳证券交易所和北京证券交易所三 大交易所的领导分别上台作开幕致辞，传递了来自政府、行业及交易所的权威声音。 随后，上海交通大学上海高级金融学院创院理事长屠光绍、新开发银 ...

论坛上，九方智投母公司九方智投控股有限公司（股票代码：9636.HK）荣膺2025中国上市公司英华奖 ——港股成长示范案例，成为全场关注的焦点之一。这一奖项不仅是对九方智投控股作为优质成长型港 股上市公司品牌价值与市场影响力的高度肯定，更彰显了市场对其成长价值与创新潜能的充分认可。 2025年，中国资本市场在深化改革中持续焕发活力，这种活力并非短暂躁动，而是价值回归、生态提质 与国家战略协同推动的必然结果。九方智投控股作为资本市场的重要参与者，不仅扎实履行经济责任， 更主动肩负起推动科技自强与创新转型的时代使命，用实际行动回应着市场对其可靠性的关切。 可靠性的根基，源于以客户为中心的经营理念和扎实的服务能力。九方智投控股上市以来，始终秉持理 性投资、价值投资和长期投资理念，精心打造了九方智投APP、九方AI学习机、九爻股、股道领航系列 等核心产品，构建起立体化的证券投顾服务矩阵，全方位满足不同投资者的需求。作为国内证券投教第 一股，公司坚定践行"买方投顾"模式，不断夯实九方智投的投研实力，为投资者提供多元、简洁且专业 的投教内容。值得一提的是，今年上半年，九方智投作为证券投顾行业首家机构加盟中国基金报投教联 ...

Core Viewpoint - The article highlights the significant transformation in the investment advisory industry driven by AI, with Jiufang Zhitu (九方智投) being recognized for its innovative contributions and leadership in this sector [1][3]. Group 1: Event Overview - The "2025 First Financial Value Annual Conference" was held in Shanghai, focusing on themes such as resilience and the internationalization of the RMB, featuring discussions from top scholars and financial executives [1]. - Jiufang Zhitu was awarded the "Most Influential Investment Consulting Institution Award," reflecting its innovative model and impact on the securities advisory industry [1][3]. Group 2: Industry Challenges and Solutions - Jiufang Zhitu has identified three structural challenges faced by retail investors: information asymmetry, cognitive gaps, and knowledge deficiencies, which hinder their investment decisions [5]. - The company aims to address these challenges by leveraging AI to make professional investment research accessible to all investors, transforming complex analyses into understandable information [6]. Group 3: AI Integration and Product Development - Jiufang Zhitu has developed a multi-agent network called FAN (Finsphere Agent Networks) to enhance its investment advisory services, allowing for real-time interaction and task delegation among various specialized subsystems [8]. - The company’s product offerings, including the AI Stock Machine, integrate tool, educational, and advisory attributes, showcasing the application of new productivity in financial technology [10]. Group 4: Future Directions - Jiufang Zhitu plans to continue enhancing investor education and advisory services, focusing on financial technology to promote investment equality and develop a healthier capital market [14].

11月21日，由第一财经主办的"2025第一财经金融价值年会"在上海举行。本届年会以"突破·韧性·跃迁"为主题，汇聚国内顶尖高校学者、金融机构高管及资 本市场参与者，围绕人民币国际化"十五五"前瞻、中国经济新质趋势、居民消费率提升路径等核心议题展开深度研讨，并发布了年度金融行业竞争力权威榜 单。 会上，九方智投控股（9636.HK）旗下上海九方云智能科技有限公司（以下简称"九方智投"）凭借在AI投顾领域的卓越创新与行业影响力，荣获"最具影响力 投资咨询机构奖"。这不仅标志着业界对九方智投创新模式的高度认可，更折射出证券投顾行业在AI驱动下的历史性变革。 深耕AI投顾生态，破解行业"三差"难题 2025年被业界广泛定义为"智能体元年"，各行各业的AI智能体应用呈现井喷之势。对于AI投顾行业来说，也到了从辅助工具到智能生态的新时代。 深耕证券投顾市场近三十年的九方智投，始终将服务个人投资者作为核心使命。公司业务版图覆盖股票投资工具、证券投资顾问、投资者教育等核心领域， 其产品线历经多轮迭代——从股道领航、超级投资家等核心业务，到近年来广受市场关注的AI股票机、九爻股等智能化创新产品，公司始终走在行业创新 升级的前 ...

Core Insights - The sixth Yangtze River Delta FinTech Innovation and Application Global Competition concluded in Shanghai, with Shanghai Huizheng Financial Consulting Co., Ltd. winning two awards: "2025 Best Innovation Award for Financial Institutions" and "2025 Excellent AI Application Award" for its projects "He Tu Jing Lue Intelligent Investment Education" and "Listed Company Gene Map" [1][3] Group 1 - The two award-winning projects represent the implementation of the company's "human-machine-data" core philosophy, creating a "thousand people, thousand courses" system and constructing precise corporate profiles, achieving deep integration of AI technology and financial services, which received high recognition from the judging panel [3] - The CTO of Huizheng Financial, Ren Chen, emphasized the essence of industry transformation, stating that securities services have evolved from the 1.0 manual era and 2.0 digital era to the AI-driven 3.0 super-brain era, focusing on cognitive upgrades from "one case for thousands" to "thousand strategies for thousand people" and value reconstruction from "single-point service" to "full lifecycle companionship" [6] Group 2 - Looking ahead, the company aims to leverage this award as an opportunity to continue developing "human-centered" intelligent financial services, iterating on AI technology applications and product systems to benefit more investors [6] - The dual awards showcase the company's financial technology strength and mark a new starting point for its journey into intelligent finance, with a commitment to compliance as a baseline and innovation as an engine, continuously enhancing service quality for investors and contributing to the high-quality development of the financial technology industry [6]

Core Viewpoint - The rise of quantitative trading is transforming the market structure, with its share of total market trading volume surpassing 20%, prompting a need for financial advisory institutions to harness this technology for broader financial inclusion [1][2][10] Group 1: Quantitative Trading Trends - Quantitative trading encompasses five core technology modules: strategy development and modeling, backtesting and validation, execution systems, risk management, and IT infrastructure [3] - The current market sees B-end users primarily utilizing medium to high-frequency strategies, while C-end users focus on medium to low-frequency strategies [3] - The effectiveness of quantitative trading relies on three foundational conditions: long/short tools, robust infrastructure, and ample market liquidity [3] Group 2: Strategic Collaborations - A strategic partnership was formed between Jiufang Zhitu and Feitu Technology to explore new pathways for quantitative services for investors, alongside the launch of the "Star Service" product [1][10] - The "Star Service" aims to provide accessible professional quantitative financial services to individual investors by integrating self-developed quantitative capabilities with ecosystem resources [8][9] Group 3: Technological Empowerment - Feitu Technology focuses on providing one-stop smart trading service solutions for small and medium investors, leveraging AI algorithms and machine learning technologies [6] - The collaboration between Jiufang Zhitu and Feitu Technology signifies a commitment to making advanced trading technologies accessible to a broader range of investors [10] Group 4: Future Outlook - The launch of the "Star Service" and the partnership between Jiufang Zhitu and Feitu Technology mark a new phase in the Chinese quantitative investment landscape, aiming to democratize access to previously exclusive trading technologies [10] - The initiative is seen as a significant step towards achieving investment equality, allowing individual investors to benefit from professional tools and smarter decision-making [10]

Core Insights - The company, Jiufang Zhitu Holdings, announced the results of its 2025 shareholder special meeting, where two ordinary resolutions were passed with high approval rates: the adoption of the 2025 share incentive plan at 95.83% and the declaration of an interim dividend at 100% approval, indicating strong shareholder support for governance and development strategy [1] - The company has demonstrated significant performance in business expansion and efficiency, achieving a gross margin of 88.2% and a net margin of 41.2% in the first half of 2025, showcasing profit elasticity alongside rapid scale expansion [1] - Revenue from financial software sales and services saw robust growth, with order amounts increasing by 74.3% year-on-year and the number of paying users surpassing 100,000, reflecting a 152.7% increase, while refund rates decreased to 24.6%, indicating enhanced customer satisfaction and retention [1] Business Development - The company has been actively investing in research and development, holding a total of 139 software copyrights and patents, with its AI intelligent investment advisory system serving over 370,000 clients and achieving over 13.5 million service instances, demonstrating significant technological empowerment [1] - Market analysis suggests that the company's performance is closely tied to the activity level of the capital market, with recent margin trading balances reaching historical highs, which is expected to further drive order growth [2] - The company is positioned to benefit from the dual advantages of policy and market conditions in the securities advisory industry, as emphasized by the chairman of the China Securities Regulatory Commission during the Financial Street Forum, highlighting the positive outlook for capital market reforms and long-term capital inflows [2]