中证报中证网讯（记者 王辉）据金证股份（600446）1月7日官方微信公众号消息，近日，公司金数基 事业部连续中标了会管单位中证技术的《行业科技监管系统行业态势感知模块建设项目》、中信建投证 券的《IT合规与风险管理系统采购项目》。这标志着金数基金融机构IT风险治理与防控系统产品（简 称：FitGO金证-易行IT治控）打开了证券业IT治控数字化新格局。 金证股份表示，中信建投证券等券商客户，凭借其敏锐的专业认知和多年的科技治理经验，率先携手金 数基开启IT治理的数字化深度实践，成为了第一批IT风险管理数字生态的先行者。金数基将继续与行业 客户共同携手，以持续创新的技术与产品，共同筑牢资本市场数字化转型的安全基座，为行业行稳致远 贡献坚实的科技力量。 ...

证券代码：300872 证券简称：天阳科技 | | 份有限公司、融通基金管理有限公司、金元证券股份有限公司、中 | | --- | --- | | | 广云投资有限责任公司、方物基金（排名不分先后） | | 时间 | 2026年01月04日 | | 地点 | 线上会议 | | 上市公司接待人员姓名 | 董事会秘书、副总裁 甘 泉 | | | 卡洛其总裁、业务专家 王明玉 | | | 一、公司情况介绍 | | | 此次数字人民币范畴从M0 拓展至 M1，核心信号与影响集中在 | | 投资者关系活动主要内容 | 以下几方面：第一，这是国家明确要大力推广数字人民币应用的重 | | 介绍 | 要信号，标志着数字人民币将从试点阶段迈向规模化落地。第二， | | | 功能属性实现质的跃升。此前数字人民币等同于现金的数字化形态， | | | 应用场景受限；划入 M1 范畴后，其具备了存款属性，可覆盖传统 | | | 人民币的大部分功能，尤其是在对公企业间的结算场景，企业合同 | | | 转账等业务都能通过数字人民币完成替代，适配数字经济时代的需 | | | 求。第三，长远来看，具备广阔的跨境应用前景。当前多国推进货 | | ...

12月5日，12月8日，公司股价连续两个交易日收盘价格涨幅偏离值累计超过30%。随后，赢时胜发布股 价交易异常波动公告，经核查，公司目前不存在依据相关规定，应予以披露而未披露的事项。 趁着这波股价上涨，赢时胜实控人唐球套现过亿。 文 | 雷达财经，作者 | 周慧，编辑 | 深海 近期，随着金融科技指数的强势上涨，金融行业IT综合服务商赢时胜的股价也一路走高。 雷达财经注意到，赢时胜此次股价异动不久前，公司及实控人唐球等相关责任人曾因会计核算问题，遭 到深圳证监局的行政监管，并被要求采取有效措施进行改正，同时提交书面整改报告。 11月30日，赢时胜披露了整改报告称，针对此前存在的会计核算问题，公司已按要求完成整改并将持续 规范。 值得注意的是，虽然赢时胜股价迎来大涨，但其三季报表现却不尽人意。今年前三季度，公司实现营收 9.37亿元，同比下降5.18%；取得净利润-0.43亿元，同比减少210.75%，延续了2024年营收净利双下滑的 趋势。 创始人唐球套现过亿 随着近期金融科技指数的强势上涨，作为其成分股的赢时胜，其股价也随之大涨。 12月8日晚间，赢时胜发布股票交易异常波动公告，公司股票于12月5日、12月 ...

多位业内人士在接受记者采访时表示，短期内银行业务流程外包市场需求仍较为强劲。随着银行业数字 化转型加速，银行更专注于核心业务发展，将非核心业务流程如客户服务、数据处理、贷款审核、后台 运营等外包给专业服务商。这种模式能帮助银行降低成本、提升效率、专注于核心业务的创新与发展、 灵活应对市场变化、优化资源配置。 外包业务转型收缩 在银行业务中，流程外包即指银行把自身非核心、重复性的或需要专业技能的业务流程，整体委托给外 部专业服务商完成，最多的是属于业务流程外包中的内部管理服务，业务类型包括人力资源管理服务、 财务与会计管理、法律流程服务等。 从近期京北方、天阳科技等部分金融IT企业中标的信息中可以看出，银行对于通用开发测试人力外包、 零售金融板块人力外包、大堂引导和零售外拓外包、卡户分期集中外呼等具有一定需求。 萨摩耶云科技集团首席经济学家郑磊告诉记者，当下的外包业务早已不只是"人力替换"，而是银行获取 自动化技术、弹性产能与外部数据智慧的"轻资产"战略。只要治理结构、风险管控和供应商评估到位， 外包可以在成本、效率、合规、创新等多个维度同时为银行带来增量价值。 中经记者 许璐 李晖 北京报道 近日，《中国经营 ...

Core Insights - The article discusses the 2025 "Wisdom Gathering: Trading" institutional trading technology summit hosted by Jinzheng Co., which aims to assist securities firms and financial institutions in planning for 2026 and adapting to future market developments [1] - Jinzheng Co. is integrating AI technology into its new generation trading system to provide comprehensive solutions for securities firms, helping them navigate policy innovations and the dual opening of the market [1][2] Industry Development - The "14th Five-Year Plan" and the implementation of the new "National Nine Articles" have led to continuous improvements in regulation and an active capital market, enhancing market expectations and confidence [2] - Over the past year, the sentiment in China's capital market has significantly recovered, with liquidity increasing and high-risk capital becoming more active, leading to a substantial rise in investor participation [2] - The securities industry is accelerating strategic mergers and acquisitions and internationalization in response to a competitive environment and market opening [2] Technological Transformation - The financial industry's digital transformation is accelerating, with AI becoming a driving force for the transformation of financial services and the reconstruction of productivity paradigms [2] - Jinzheng Co. focuses on the securities industry, gradually expanding its offerings in trading derivatives, wealth management, institutional services, and operational services, while deeply integrating AI technology [3] Wealth Management Opportunities - The financial industry is entering a new phase of innovation driven by both policy and market forces, with major securities firms completing core system pilot projects and smaller firms beginning to adopt these innovations [3] - The wealth management sector is increasingly focusing on a customer-centric approach, accelerating the transformation of buy-side advisory services, and emphasizing the construction of a wealth management ecosystem [3] Service Solutions - Jinzheng Co. has completed the adaptation of its entire product system to support financial institutions in various upgrade and migration strategies [4] - The company provides a comprehensive suite of wealth management solutions, including investment research and advisory services, to help securities firms build multi-layered wealth management systems [5] - Jinzheng has integrated all-channel operational terminals, creating a centralized operation platform driven by AI, which enhances operational efficiency [6] Institutional Services - Jinzheng adopts a service philosophy of "one broker externally, one client internally," reshaping business processes to aggregate resources and technological capabilities for comprehensive institutional services [6] - The company offers a range of solutions, including institutional asset management and trading systems, to help securities firms establish a warm, one-stop comprehensive financial service system for institutions [6] Policy Response - Jinzheng actively responds to regulatory changes and participates in system modifications to quickly adapt to new business scenarios, ensuring compliance and efficient operations [7] - The company provides various platform tools and consulting services to assist securities firms in digital transformation and regulatory compliance [7]

Group 1 - Gao Weida's stock increased by 5.08%, reaching 23.80 CNY per share, with a trading volume of 302 million CNY and a turnover rate of 2.90%, resulting in a total market capitalization of 10.561 billion CNY [1] - Gao Weida Software Co., Ltd. is located in Beijing and was established on April 11, 2003, with its IPO on May 28, 2015. The company primarily provides IT solutions, IT operation services, and system integration services to financial enterprises such as banks, insurance companies, and securities firms [1] - The revenue composition of Gao Weida's main business includes 91.95% from software development and services, and 8.05% from system integration and services [1] Group 2 - Hua Bao Fund's ETF, Hua Bao Zhong Zheng Financial Technology Theme ETF (159851), is among Gao Weida's top ten circulating shareholders, having increased its holdings by 2.5541 million shares in the third quarter, totaling 5.2092 million shares, which represents 1.17% of the circulating shares [2] - The ETF has a current scale of 12.319 billion CNY and has achieved a year-to-date return of 15.31%, ranking 3204 out of 4216 in its category, with a one-year return of 3.9%, ranking 3618 out of 3956, and a cumulative return since inception of 65.06% [2] Group 3 - The fund managers of Hua Bao Zhong Zheng Financial Technology Theme ETF are Chen Jianhua and Cao Xucheng, with Chen having a tenure of 12 years and 334 days, managing assets totaling 27.702 billion CNY, achieving a best return of 174.21% and a worst return of -49.65% during his tenure [3] - Cao Xucheng has a tenure of 180 days, managing assets of 35.182 billion CNY, with a best return of 77.15% and a worst return of -2.38% during his tenure [3]

Core Viewpoint - Lingzhi Software is acquiring 100% equity of Kaimiride through a combination of share issuance and cash payment, aiming to enhance its financial IT service ecosystem and capitalize on opportunities in the financial innovation sector [1][2]. Group 1: Transaction Details - The share issuance price is set at 15.31 yuan per share, which is not less than 80% of the average trading price over the last 60 trading days [1]. - The total amount of raised funds will not exceed 100% of the transaction price for the asset acquisition, with the number of shares issued not exceeding 30% of the total share capital post-transaction [1]. Group 2: Strategic Implications - Post-transaction, Kaimiride will become a wholly-owned subsidiary of Lingzhi Software, leading to an expected increase in revenue and net profit attributable to shareholders [2]. - This acquisition will reduce Lingzhi Software's reliance on the Japanese market and enhance its ability to respond to domestic financial institutions' needs for core system localization and data security [2]. Group 3: Synergistic Effects - The collaboration will create significant synergies in customer bases, as Lingzhi Software serves securities companies while Kaimiride has deep ties with over 100 financial institutions, including major state-owned banks [2]. - The merger will allow Lingzhi Software to enter the core banking transaction system market and diversify its client types, while also enabling Kaimiride to expand its overseas market and domestic securities business opportunities [2]. Group 4: Product and Technology Collaboration - Lingzhi Software has extensive experience in securities trading and wealth management systems, while Kaimiride offers comprehensive solutions in fund trading and risk management [3]. - The integration will enhance the financial IT solution offerings and improve R&D efficiency through shared resources and collaborative technology development [3]. - Kaimiride's leading market share in banking transaction systems and its VIVA platform's advantages will help Lingzhi Software quickly address gaps in the banking core transaction system sector [3].

Core Viewpoint - Gao Weida is a leading financial IT service provider in China, focusing on IT solutions for financial enterprises, with a strong emphasis on digital currency and cross-border payment sectors [1] Group 1: Business Performance - In Q3 2025, Gao Weida achieved a revenue of 730 million yuan, ranking 35th out of 102 in the industry, while the top company, Shanghai Steel Union, reported revenue of 57.318 billion yuan [2] - The net profit for the same period was 21.3477 million yuan, placing the company 37th in the industry, with the leading company, Desay SV, reporting a net profit of 1.805 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Gao Weida's debt-to-asset ratio was 45.54%, down from 50.66% year-on-year, but still above the industry average of 31.94% [3] - The gross profit margin for the same period was 20.33%, a decrease from 21.46% year-on-year, and significantly lower than the industry average of 41.71% [3] Group 3: Executive Compensation - The chairman, Yu Wei, has a fixed annual salary of 1.2 million yuan for 2024, unchanged from 2023, while the general manager, Qin Kaiyu, will receive 1.1925 million yuan, an increase of 20,000 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.46% to 54,500, while the average number of shares held per shareholder increased by 0.46% to 8,148.47 [5] - The top ten shareholders include Hong Kong Central Clearing Limited and Huabao CSI Financial Technology Theme ETF, with significant increases in their holdings [5] Group 5: Analyst Ratings and Growth Prospects - Haitong International initiated coverage with an "outperform" rating, highlighting the company's long-standing presence in the banking IT service sector and potential growth through AI and digital asset services [5] - Dongwu Securities also initiated coverage with a "buy" rating, forecasting revenue growth rates of 23.4%, 125.1%, and 25.3% for 2025 to 2027, respectively, with gross profit margins expected to improve [6]

Group 1 - The People's Bank of China plans to implement the "Artificial Intelligence +" action plan to accelerate the introduction of related policy documents for "AI + Finance," promoting the digital and intelligent transformation of the financial sector [1] - The "14th Five-Year Plan" and the deepening of the "Artificial Intelligence +" initiative will significantly reshape the financial industry landscape, with AI penetrating various areas such as intelligent customer service, marketing, internal operations, investment advisory, wealth management, research, risk control, and internal development [1] - Financial IT service providers are becoming key players in the AI + finance market due to their advantages in financial data, business understanding, and technology, with a new approach emerging as both AI technology availability and financial industry application demand increase [1] Group 2 - Tianyang Technology has established a smart finance joint laboratory in collaboration with Hunan University, successfully developing several large models and an application development platform leveraging the national supercomputing center [2] - Jinzhi Co., a subsidiary of Jinzhi Holdings, has upgraded its digital employee solutions from RPA + AI to AI Agent-based systems [2]

Core Insights - Nantian Information (000948.SZ) reported a significant increase in revenue but a substantial decline in net profit for Q3 2025, indicating a situation of rising income without corresponding profit growth [2] Financial Performance - The company's revenue for the first three quarters of 2025 reached 25.11 billion yuan, marking a year-on-year increase of 32.56% [2] - The net profit attributable to shareholders was -589.69 million yuan, reflecting a year-on-year decline of 119.29% [2] - The non-recurring net profit was -1.27 billion yuan, down 141.85% year-on-year, indicating ongoing losses despite revenue growth [2] Quarterly Breakdown - Revenue for the first three quarters was reported as follows: 19.93 billion yuan, 45.80 billion yuan, and 70.91 billion yuan [2] - Corresponding net profits for these quarters were -30.08 million yuan, -5.003 million yuan, and -109 million yuan, showing a continuous loss trend [2] Profitability Challenges - The decline in net profit for Q3 was attributed to intensified market competition, a decrease in gross margin, reduced investment income compared to the previous year, and increased impairment provisions [2] - The gross margin for Q3 was reported at 9.5%, which is considered low within the industry, having fallen below 13% since 2022 [2] Impairment Losses - The increase in credit impairment losses and asset impairment losses significantly impacted net profit, with total impairment losses rising by 21.47 million yuan, a year-on-year increase of 86.79% [2] - The rise in impairment losses was primarily due to increased provisions for bad debts on accounts receivable and inventory write-downs [2] Accounts Receivable - The company's accounts receivable have been close to 2 billion yuan since 2022, indicating a large volume [3] - As of Q3 this year, accounts receivable stood at 1.788 billion yuan, a decrease from 1.988 billion yuan at the beginning of the year, but still higher than most peers in the industry [3]