登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002670 证券简称：国盛证券 公告编号：2026-005 国盛证券股份有限公司 2025年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、本期业绩预计情况 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 预计净利润为正值，且本年度同向上升。 二、与会计师事务所沟通情况 本次业绩预告相关财务数据未经会计师事务所审计。公司已就业绩预告有关事项与年报审计会计师事务 所进行了预沟通，双方不存在重大分歧。 三、业绩变动原因说明 2025年，公司坚守服务实体经济初心，持续强化专业服务能力和投研能力，各项业务稳健发展。本报告 期，资本市场交投活跃，公司把握市场发展机遇夯实客户基础，证券经纪、投行、期货经纪等业务收入 均同比增加；公司强化风险管控，各类减值损失同比减少；根据准则规定拟确认相关递延所得税资产相 应增加公司利润。基于上述情况，虽公司所持趣店股权本期受会计核算方式变更及市值波动影响而减少 利润，公司报告期内整体经营业绩实现增长。 四、风险提示 公司目 ...

《2025年度业绩预告》 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 截至2026年1月29日收盘，国盛证券（002670）报收于16.25元，较前一交易日上涨0.93%，最新总市值 为314.45亿元。该股当日开盘16.06元，最高16.32元，最低15.82元，成交额达3.72亿元，换手率为 1.42%。 近日，国盛证券发布2025年度业绩预告，预计归属于上市公司股东的净利润为21,000万元至28,000万 元，同比增长25.44%-67.25%；扣除非经常性损益后的净利润为20,640万元至27,640万元，同比增长 33.66%-78.99%。基本每股收益为0.1085元/股至0.1447元/股。业绩增长主要得益于证券经纪、投行、期 货经纪等业务收入增加，风险管控加强导致减值损失减少，以及递延所得税资产确认增加利润。尽管持 有趣店股权因会计核算变更及市值波动影响利润，但整体业绩仍实现增长。该预告未经审计，最终数据 以年度报告为准。 最新公告列表 ...

2025 年，公司坚守服务实体经济初心，持续强化专业服务能力和投研能力，各项业务稳健发展。本报 告期，资本市场交投活跃，公司把握市场发展机遇夯实客户基础，证券经纪、投行、期货经纪等业务收 入均同比增加；公司强化风险管控，各类减值损失同比减少；根据准则规定拟确认相关递延所得税资产 相应增加公司利润。基于上述情况，虽公司所持趣店股权本期受会计核算方式变更及市值波动影响而减 少利润，公司报告期内整体经营业绩实现增长。 格隆汇1月29日丨国盛证券(002670.SZ)公布，预计2025年归属于上市公司股东的净利润21,000万元– 28,000万元，比上年同期增长25.44%-67.25%，归属于上市公司股东扣除非经常性损益后的净利润20,640 万元–27,640万元，比上年同期增长33.66%-78.99%。 ...

南财智讯1月29日电，国盛证券发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为 21000万元—28000万元，同比预增25.44%—67.25%；预计2025年全年归属于上市公司股东的扣除非经 常性损益的净利润为20640万元—27640万元，同比预增33.66%—78.99%。2025年，公司坚守服务实体 经济初心，持续强化专业服务能力和投研能力，各项业务稳健发展。本报告期，资本市场交投活跃，公 司把握市场发展机遇夯实客户基础，证券经纪、投行、期货经纪等业务收入均同比增加；公司强化风险 管控，各类减值损失同比减少；根据准则规定拟确认相关递延所得税资产相应增加公司利润。基于上述 情况，虽公司所持趣店股权本期受会计核算方式变更及市值波动影响而减少利润，公司报告期内整体经 营业绩实现增长。 ...

Core Viewpoint - Huazhong Securities experienced a decline of 2.07% in stock price on January 15, 2023, with a trading volume of 3.89 billion yuan and a market capitalization of 33.123 billion yuan [1] Group 1: Stock Performance - As of January 15, 2023, Huazhong Securities' stock price was 7.08 yuan per share, with a year-to-date increase of 4.42% [1] - Over the last five trading days, the stock has decreased by 0.42%, while it has increased by 9.26% over the last 20 days and 11.32% over the last 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, Huazhong Securities reported operating revenue of 4.423 billion yuan, representing a year-on-year growth of 39.22%, and a net profit attributable to shareholders of 1.883 billion yuan, up 64.71% year-on-year [2] Group 3: Shareholder Information - As of January 9, 2023, the number of shareholders of Huazhong Securities was 106,700, an increase of 5.99% from the previous period, with an average of 43,861 circulating shares per shareholder, a decrease of 5.65% [2] - The company has distributed a total of 3.513 billion yuan in dividends since its A-share listing, with 1.595 billion yuan distributed in the last three years [3] Group 4: Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders included the Guotai Zhongzheng All-Index Securities Company ETF, holding 72.5751 million shares, an increase of 29.2913 million shares from the previous period [3] - Hong Kong Central Clearing Limited was the tenth largest circulating shareholder, holding 71.7807 million shares, a decrease of 1.31818 million shares from the previous period [3]

Group 1 - The core transaction involves the transfer of 100% equity of Yingda Futures from Yingda Securities to Zhongyou Capital for a consideration of 1.129 billion yuan, alongside a 3% equity transfer of Zhongyou Capital to State Grid Yingda International Holding Group [2][3] - Yingda Futures has been facing operational challenges, reporting a significant loss of 10.43 million yuan in Q1 2025, marking a substantial decline in performance compared to previous years [5][6] - The transaction is part of a strategic collaboration between two major state-owned enterprises, aimed at optimizing business structures and enhancing resource allocation [3][4] Group 2 - Yingda Futures has seen a continuous decline in its financial performance, with a net profit margin of only 1.2% in 2024, and a drastic drop in revenue and client equity in 2025 [6][7] - The broader futures industry is undergoing rapid consolidation, with many small firms facing pressure due to regulatory changes and increased competition, leading to frequent asset sales and transfers [8][9] - The acquisition by Zhongyou Capital presents an opportunity for Yingda Futures to leverage its new parent company's extensive financial ecosystem, potentially enhancing its service offerings and market position [10][11] Group 3 - The strategic shift in Yingda Securities' focus away from non-core assets like Yingda Futures is indicative of a broader trend in the industry, where firms are realigning their business models to improve efficiency and profitability [4][6] - The integration of Yingda Futures into Zhongyou Capital's operations could facilitate a more comprehensive financial service model, enhancing risk management capabilities and expanding client outreach [10][11] - However, challenges remain, including Yingda Futures' ongoing losses and the need for significant investment to restore its market reputation and operational stability [12]

Core Viewpoint - In the first half of 2020, Founder Securities reported a decline in revenue and net profit, indicating challenges in its financial performance amidst a competitive market environment [1][2]. Financial Performance - The company achieved an operating income of 3.393 billion yuan, a year-on-year decrease of 5.45% [1]. - The net profit attributable to shareholders was 642 million yuan, down 15.95% year-on-year [1]. - The net profit after deducting non-recurring gains and losses was 663 million yuan, a decrease of 14.13% [1]. - The net cash flow from operating activities was 4.988 billion yuan, a significant drop of 76.64% [1]. - Total assets amounted to 128.088 billion yuan, a decrease of 6.23% from the end of the previous year [1]. - Total liabilities were 88.450 billion yuan, down 8.92% from the end of the previous year [1]. - The asset-liability ratio was 55.59%, a reduction of 6.64 percentage points compared to the end of the previous year [1]. - The weighted average return on equity was 1.66%, down 0.34 percentage points year-on-year [1]. Business Segments - Brokerage and credit trading income was 2.659 billion yuan, a decrease of 1.75% year-on-year, with an operating profit margin of 58.69%, up 6.81% [2]. - Proprietary investment income was 596 million yuan, down 12.93%, with an operating profit margin of 110.78%, an increase of 23.74% [2]. - Asset management income was 175 million yuan, a significant decrease of 47.44%, with an operating profit margin of 70.58%, down 6.58% [2]. - Investment banking income was 298 million yuan, an increase of 9.61%, with an operating profit margin of 47.39%, up 25.06% [2]. - The company completed 98 bond underwriting projects with a total scale of 36.554 billion yuan, ranking 17th in company bond underwriting [2]. Employee and Compensation - As of June 30, 2020, the company had 6,734 employees, including 12 senior management personnel [4]. - The average salary per employee for the first half of 2020 was 218,800 yuan [4]. - The company paid 1.757 billion yuan to employees during the reporting period, compared to 1.466 billion yuan in the same period last year [4]. Legal Matters - The company reported 14 ongoing litigation or arbitration matters, none of which exceeded 10% of the latest audited net assets [4][5]. - Significant legal disputes include a financing dispute involving 16.53 million yuan and a contract dispute with Zhengquan Holdings involving 427 million yuan [8][9].

Group 1: Company Overview - Nanhua Futures Co., Ltd. successfully listed on the Hong Kong capital market on December 22, enhancing its international strategy and business innovation [1] - The company aims to allocate all net proceeds from the global offering to strengthen the capital base of its overseas subsidiaries, facilitating the expansion of its international business [1] - Nanhua Futures is ranked eighth among all domestic futures companies by total revenue for 2024 and first among non-financial institution-related futures companies, highlighting its industry leadership [2] Group 2: Business Performance - The company has established a diversified business system including futures brokerage, risk management services, wealth management, and overseas financial services [2] - The domestic futures brokerage business has shown a 65.4% growth in client equity from the end of 2022 to the end of 2024, reaching 31.6 billion yuan, providing stable business support [2] - The overseas business has become a significant growth engine, with client equity in overseas futures, securities, and leveraged forex brokerage services reaching 17.8 billion HKD, a 49.6% increase from the end of 2022 [2] Group 3: Financial Performance - From 2022 to 2024, the company's operating income increased from 954 million yuan to 1.355 billion yuan, while profit rose from 246 million yuan to 458 million yuan, indicating strong profitability [3] - In the first half of 2025, the company achieved an operating income of 593 million yuan and a net profit of 231 million yuan, with a net profit margin of 39% [3] - The dual listing aligns with the strategic upgrade and high-quality transformation of the futures industry, which is experiencing increased demand for comprehensive risk management solutions [3]

Core Viewpoint - Nanhua Futures has successfully listed on the Hong Kong Stock Exchange, marking a significant milestone in the internationalization of China's futures industry and establishing a dual capital platform with A+H shares [1][2][3] Group 1: Company Overview and Market Position - Nanhua Futures is the second domestic futures company to achieve dual listing (A+H) after Hongye Futures, expanding the A+H futures company landscape to two [2] - The company has a market capitalization of approximately 120 billion RMB for A-shares and about 10 billion HKD for H-shares, totaling nearly 130 billion RMB, positioning it among the top in the domestic futures industry [2] - Nanhua Futures' H-share listing fills the gap for Chinese futures companies in the Hong Kong market in 2025, serving as a benchmark for cross-border IPOs in the non-bank financial sector [2][3] Group 2: Internationalization Strategy - Nanhua Futures has a 19-year history of internationalization, establishing its first overseas subsidiary in Hong Kong in 2006 and expanding to major financial centers including the US, Singapore, and the UK [4][5] - The company has developed a 24-hour trading service system across Asia, North America, and Europe, providing comprehensive derivatives trading, clearing, and risk management services [4] - Nanhua Futures has obtained membership qualifications from 18 major global exchanges and 15 clearing member qualifications, creating a competitive barrier that is difficult for domestic peers to replicate [5] Group 3: Financial Performance - In 2024, Nanhua Futures' overseas business revenue reached 654 million RMB, accounting for approximately 48.3% of total revenue, with a compound annual growth rate of 68.26% from 2022 to 2024 [6] - The gross profit margin of overseas business has consistently increased, reaching 71.26% in 2024, significantly higher than domestic business margins [6] - For the first three quarters of 2025, the company achieved revenue of 941 million RMB and a net profit of 351 million RMB, showing a slight decline of 1.92% year-on-year, outperforming the industry average [7] Group 4: Capital and Growth Potential - The net fundraising amount of 1.203 billion HKD from the H-share listing will enhance the capital strength of overseas subsidiaries, crucial for expanding international business and managing risks [8][9] - The dual capital platform provides flexible financing options, allowing the company to optimize financing methods based on market conditions, thereby reducing costs and enhancing risk resilience [9] - The internationalization of the futures industry is becoming essential for survival, driven by the increasing demand for cross-border risk management services as Chinese enterprises expand globally [10][11] Group 5: Future Outlook - Nanhua Futures is positioned to leverage its dual platform for significant growth in capital strength, brand influence, and business scale, potentially becoming a benchmark for the global futures industry [12][13] - The ongoing policy support for the opening of the futures market and the increasing demand for risk management services will provide long-term growth momentum for the company's overseas business [12][13]

Core Viewpoint - Nanhua Futures has successfully listed on the Hong Kong Stock Exchange, marking its dual listing and enhancing its international strategy and business innovation [1] Group 1: Listing Process and Fundraising - The listing process for Nanhua Futures was orderly, with the company submitting its application on April 17, 2025, and successfully completing its listing on December 22, 2025 [2] - The global offering consisted of 108 million shares at an issue price of HKD 12 per share, raising a total of HKD 1.203 billion [2] - The net proceeds will be allocated to strengthen the capital base of its overseas subsidiaries in Hong Kong, the UK, the US, and Singapore, enhancing its global competitiveness [2] Group 2: Industry Position and Business Development - Nanhua Futures ranks eighth among all domestic futures companies by total revenue in 2024 and first among non-financial institution-related futures companies, showcasing its core competitiveness [3] - The company has established a diversified business system covering domestic futures brokerage, risk management services, wealth management, and overseas financial services [3] - The domestic futures brokerage business has seen a 65.4% growth in client equity from the end of 2022 to the end of 2024, reaching CNY 31.6 billion [3] Group 3: International Business Growth - Nanhua Futures has become a significant growth engine through its international business, with client equity in overseas futures, securities, and leveraged forex brokerage services reaching HKD 17.8 billion, a 49.6% increase from the end of 2022 [4] - The company's assets under management (AUM) in overseas asset management have grown by 70%, reaching HKD 3.4 billion [4] - The company has built a service bridge connecting domestic and international markets, providing cross-market and multi-variety financial services [4] Group 4: Financial Performance - From 2022 to 2024, Nanhua Futures' operating income increased from CNY 954 million to CNY 1.355 billion, while net profit rose from CNY 246 million to CNY 458 million [4] - In the first half of 2025, the company achieved operating income of CNY 593 million and a net profit of CNY 231 million, with a net profit margin of 39% [4] Group 5: Industry Opportunities and Challenges - The domestic futures industry is at a critical stage of strategic upgrade and high-quality transformation, driven by increasing demand for risk management solutions and supportive policy guidance [5] - The industry faces challenges such as homogenized competition and capital pressure, necessitating a shift towards comprehensive risk management services [6] - Nanhua Futures' dual listing aligns with industry trends and supports its transformation, enhancing its capital strength and international layout [6] Group 6: Future Development - Nanhua Futures aims to deepen its international strategy by expanding its overseas market coverage and optimizing its service network [6] - The company plans to invest in risk management services, OTC derivatives, and wealth management, transitioning from a brokerage model to a professional service model [6] - The dual capital market platform will help attract high-quality talent and drive technological innovation, creating a collaborative ecosystem [6] Group 7: Contribution to Industry Development - Nanhua Futures' listing provides a new space for its development and serves as a beneficial reference for the internationalization of the domestic futures industry [7] - The company is positioned to leverage its dual listing to enhance its role in national strategy, support risk management for the real economy, and promote high-quality industry development [7]