Group 1: Company Announcements - Meinian Health plans to participate in the restructuring of Zhejiang Bangjie Holdings, aiming to become the controlling shareholder post-restructuring [1] - Silver Industry's gold and silver product revenues are low, with gold sales contributing 18.67% and silver 4.54% to total revenue in H1 2025 [2] - Tianneng Wind Power has decided to implement long-term production halts for six wholly-owned subsidiaries to optimize resource allocation and focus on core offshore wind power business [3] Group 2: Price and Supply Risks - Tongling Nonferrous Metals reports significant uncertainty in the prices of cathode copper and other main products, with low self-sufficiency in copper concentrate posing supply stability risks [4] - ST Aowei received a notice of termination of listing due to market capitalization falling below 500 million yuan for 20 consecutive trading days [5][6] Group 3: Performance Forecasts - Foton Motor expects a net profit increase of approximately 1551% to around 1.33 billion yuan in 2025, driven by sales growth across various segments [7] - Beimo High-Tech anticipates a net profit of 190 million to 220 million yuan, reflecting a growth of 1076.16% to 1261.87% [8] - Zhongke Sanhuan forecasts a net profit increase of 566.23% to 899.35%, driven by cost control and market expansion [9] - Wancheng Group expects a net profit of 1.23 billion to 1.4 billion yuan, a growth of 222.38% to 266.94% [10] - Wan Yi Technology anticipates a net profit increase of 191.52% to 330.34%, supported by product optimization and cost reduction measures [11] - Nanmo Biology expects a net profit of 24 million to 34 million yuan, a growth of 269.49% to 423.44% [12] - Bai'ao Saitou forecasts a net profit increase of 384.26% to 443.88%, benefiting from overseas market expansion [13] - Hailanxin anticipates a net profit of 40 million to 60 million yuan, a growth of 387.47% to 631.2% [14] - Panzhihua Coal expects a net profit of 318 million to 380 million yuan, a growth of 205.3% to 264.83% [15] - Huaguang New Materials forecasts a net profit increase of 104.67% to 141.88% [16] - Putian Technology expects a net profit of 1.92 million to 2.88 million yuan, a growth of 71.55% to 157.33% [17] - Guoda Special Materials anticipates a net profit increase of 82.61% [18] - Tongkun Co. expects a net profit of 1.95 billion to 2.15 billion yuan, a growth of 62.24% to 78.88% [19] - Yiming Pharmaceutical forecasts a net profit increase of 61.12% to 122.08% [20] - Guosheng Securities expects a net profit of 210 million to 280 million yuan, a growth of 25.44% to 67.25% [21] - Shengyi Technology anticipates a net profit increase of 87% to 98% [22] Group 4: Loss Forecasts - Saifutian expects a loss of 30 million to 45 million yuan, significantly reducing previous losses [23] - Magang Group forecasts a loss of 190 million to 250 million yuan, a substantial reduction in losses [24] - Shennong Seed Industry anticipates a profit of 90 million to 120 million yuan, reversing previous losses [25] - Jifeng Co. expects a profit of 410 million to 495 million yuan, reversing previous losses [26] - Bingchuan Network forecasts a profit of 436 million to 516 million yuan, reversing previous losses [27] - Zhongyou Technology anticipates a profit of 540 million to 640 million yuan, reversing previous losses [28] - Dongfang Biology expects a loss of 523 million yuan [29] - Wantai Biological anticipates a loss of 330 million to 410 million yuan due to market pressures [30] - Anbotong expects a loss of 114 million to 165 million yuan [31] - Shunxin Agriculture forecasts a loss of 116 million to 188 million yuan due to declining sales [32] - Guozhong Water expects a loss of 130 million to 104 million yuan, with potential delisting risks [33] Group 5: Major Contracts - China Communication Signal expects to win 21 major projects worth approximately 5.26 billion yuan [34]

Group 1 - The company expects a positive net profit for the fiscal year 2025, with an upward trend compared to the previous year [1] - The performance forecast period is from January 1, 2025, to December 31, 2025 [1] - The financial data related to this performance forecast has not been audited by an accounting firm, but preliminary discussions have taken place without major disagreements [2] Group 2 - The increase in performance is attributed to the company's commitment to serving the real economy, enhancing professional service capabilities, and steady growth across various business segments, including securities brokerage, investment banking, and futures brokerage [3] - The company has improved risk management, resulting in a decrease in various impairment losses, and plans to recognize deferred tax assets, which will positively impact profits [3] - Despite a decrease in profits due to changes in accounting methods and market fluctuations affecting the company's stake in Qudian, the overall operational performance is expected to grow [3]

Core Viewpoint - Guosheng Securities (002670) has released its 2025 annual performance forecast, indicating significant growth in net profit driven by increased revenues from various business segments [1] Group 1: Stock Performance - As of January 29, 2026, Guosheng Securities closed at 16.25 yuan, up 0.93% from the previous trading day, with a total market capitalization of 31.445 billion yuan [1] - The stock opened at 16.06 yuan, reached a high of 16.32 yuan, and a low of 15.82 yuan, with a trading volume of 3.72 billion yuan and a turnover rate of 1.42% [1] Group 2: Financial Forecast - The company expects net profit attributable to shareholders to be between 21 million yuan and 28 million yuan, representing a year-on-year growth of 25.44% to 67.25% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 20.64 million yuan and 27.64 million yuan, with a year-on-year increase of 33.66% to 78.99% [1] - Basic earnings per share are estimated to be between 0.1085 yuan and 0.1447 yuan [1] Group 3: Business Drivers - The growth in performance is attributed to increased revenues from securities brokerage, investment banking, and futures brokerage services [1] - Enhanced risk management has led to a reduction in impairment losses, and the recognition of deferred tax assets has contributed to profit growth [1] - Despite the impact of accounting changes and market fluctuations on the valuation of Qutian equity holdings, the overall performance still shows growth [1]

Major Announcements - China Gold announced that its stock trading shows signs of market sentiment overheating, which may lead to a risk of short-term declines after significant price increases. The company's P/E ratio is 55.63, significantly higher than the industry median of 28.60 [1] - Zhaojin Mining stated that the prices of its gold and gold concentrate products are highly influenced by fluctuations in gold prices, which could significantly impact its operating performance if gold prices experience large swings [2] - Silver (Core Stock) Nonferrous reported that the revenue from its gold and silver products constitutes a low proportion of total operating income, with gold product sales accounting for 18.67% and silver product sales for 4.54% of total revenue [3] Company-Specific Risks - Hunan Silver (Core Stock) indicated that it has a relatively low amount of proven metal resources compared to industry peers, which poses a resource reserve risk. The company also faces risks from silver price fluctuations and has a low gross margin of 6.54% compared to mining companies [4] - TianShun Wind Energy decided to implement a long-term shutdown of six wholly-owned subsidiaries due to increasing market competition, aiming to optimize resource allocation and focus on core businesses like offshore wind power [5] - Qidi Environment expects a negative net asset value by the end of 2025, which may lead to a risk warning for its stock trading if the audited net assets are confirmed to be negative [6] Performance Forecasts - BlueFocus anticipates a net profit of 1.8 billion to 2.2 billion yuan for 2025, benefiting from growth in overseas business and improved credit management [12] - Shengyi Technology expects a net profit of 3.25 billion to 3.45 billion yuan for 2025, representing a year-on-year increase of 87% to 98% due to rising sales of copper-clad laminates [13] - Sichuan Gold forecasts a net profit of 420 million to 480 million yuan for 2025, up 69.23% to 93.4% year-on-year, driven by increased sales volume and rising gold prices [14] - Dongfang Communication predicts a net profit of approximately 360 million yuan for 2025, a year-on-year increase of about 138.5%, primarily due to significant investment gains from the disposal of financial assets [15] Other Notable Announcements - Yunnan Copper confirmed that its production and operations are normal, with no undisclosed significant matters, despite its stock experiencing a 20% price fluctuation [9] - Liou Co. reported that its operations are normal, with no undisclosed significant matters, and its stock has also seen a significant price fluctuation [10] - Guosheng Securities expects a net profit of 210 million to 280 million yuan for 2025, reflecting a year-on-year increase of 25.44% to 67.25% due to robust business development [29]

国盛证券表示，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，但公司报告期内整体经营业绩实现增长。 中证报中证网讯（记者 马爽）1月29日晚间，国盛证券发布业绩预告称，预计2025年实现归属于上 市公司股东的净利润2.1亿元–2.8亿元，同比增长25.44%-67.25%。 ...

| 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股 | 盈利:21,000 万元-28,000 万元 | 盈利:16.741.31 万元 | | 东的净利润 | 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 | 盈利:20,640 万元-27,640 万元 | 盈利: 15,442.11 万元 | | | 比上年同期增长:33.66%-78.99% | | | 益后的净利润 | | | | 基本每股收益 | 盈利:0.1085 元/股-0.1447 元/股 | 盈利: 0.0865 元/雕目片来源：公告截图 | 北京商报讯（记者 李海媛）1月29日，国盛证券发布2025年度业绩预告，预计2025年归母净利2.1亿元—2.8亿 元，同比增长25.44%-67.25%。 ...

Core Viewpoint - Guosheng Securities (002670.SZ) expects a net profit attributable to shareholders of 210 million to 280 million yuan for 2025, representing a year-on-year growth of 25.44% to 67.25% [1] - The company aims to strengthen its professional service and research capabilities while maintaining steady business development [1] Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be 206.4 million to 276.4 million yuan, indicating a year-on-year increase of 33.66% to 78.99% [1] - The company has seen an increase in revenue from securities brokerage, investment banking, and futures brokerage businesses due to active capital market trading [1] Risk Management - The company has enhanced its risk control measures, resulting in a year-on-year decrease in various impairment losses [1] - The recognition of deferred tax assets, as per accounting standards, is expected to contribute positively to the company's profits [1] Market Position - Despite a reduction in profits due to changes in accounting methods and market value fluctuations related to its stake in Qudian, the overall operational performance of the company has improved during the reporting period [1]

Group 1 - Meinian Health plans to participate in the restructuring of Zhejiang Bangjie Holdings, aiming to become the controlling shareholder after the completion of the restructuring [3] - Baiyin Nonferrous Metals reported that the revenue from gold and silver products accounted for a low proportion of total operating income, with gold sales contributing 18.67% and silver sales 4.54% in the first half of 2025 [4] - Tiens Wind Power decided to implement a long-term production suspension for six wholly-owned subsidiaries to optimize resource allocation and focus on core businesses [5] Group 2 - Tongling Nonferrous Metals indicated significant uncertainty in the price fluctuations of its main products, with a low self-sufficiency rate for copper concentrate posing supply stability risks [6] - *ST Aowei received a notice of termination of listing due to its market capitalization falling below 500 million yuan for twenty consecutive trading days [7] - Foton Motor expects a net profit increase of approximately 1551% year-on-year for 2025, driven by sales growth in new energy vehicles and overseas markets [9] Group 3 - Beimo High-tech anticipates a net profit increase of 1076.16% to 1261.87% for 2025, supported by cost control and reduced credit impairment losses [10] - Zhongke Sanhuan forecasts a net profit growth of 566.23% to 899.35% for 2025, attributed to technological innovation and improved operational efficiency [12] - Wancheng Group expects a net profit increase of 222.38% to 266.94% for 2025, driven by growth in its retail business and improved sales margins [13] Group 4 - Huayi Technology anticipates a net profit increase of 191.52% to 330.34% for 2025, benefiting from product optimization and cost reduction measures [14] - Nanmo Biology expects a net profit growth of 269.49% to 423.44% for 2025, supported by increased revenue in the biopharmaceutical sector and improved cost control [15] - Baiao Saitu forecasts a net profit increase of 384.26% to 443.88% for 2025, driven by expansion in overseas markets and recovery in the domestic biopharmaceutical industry [16] Group 5 - Hailanxin expects a net profit increase of 387.47% to 631.2% for 2025, supported by advancements in technology and increased market share in marine observation [17] - Panjiang Co. anticipates a net profit growth of 205.3% to 264.83% for 2025, driven by increased coal production and reduced costs [18] - Huaguang New Materials expects a net profit increase of 104.67% to 141.88% for 2025, with significant growth in the electronic sector [20] Group 6 - Guo Sheng Securities forecasts a net profit increase of 25.44% to 67.25% for 2025, supported by active capital market participation and growth in various business segments [25] - Shengyi Technology expects a net profit growth of 87% to 98% for 2025, driven by increased sales of copper-clad laminates [26] - Sifutian anticipates a net loss of 30 million to 45 million yuan for 2025, although this represents a significant reduction in losses compared to the previous year [27] Group 7 - Maanshan Steel expects a net loss of 1.9 billion to 2.5 billion yuan for 2025, with a substantial reduction in losses compared to the previous year [28] - Shennong Seed Industry forecasts a net profit of 90 million to 120 million yuan for 2025, marking a turnaround from previous losses [30] - Jifeng Co. anticipates a net profit of 410 million to 495 million yuan for 2025, achieving a turnaround from losses [31]

Core Viewpoint - Guosheng Securities has released an annual performance forecast, expecting a significant increase in net profit for 2025, driven by robust business growth and improved risk management [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 21 million to 28 million yuan for 2025, representing a year-on-year increase of 25.44% to 67.25% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 20.64 million and 27.64 million yuan, reflecting a year-on-year growth of 33.66% to 78.99% [1] Business Development - The company remains committed to serving the real economy and is focused on enhancing its professional service and research capabilities, leading to steady growth across various business segments [1] - Active trading in the capital markets has allowed the company to capitalize on market opportunities, resulting in increased revenues from securities brokerage, investment banking, and futures brokerage [1] Risk Management - The company has strengthened its risk control measures, leading to a reduction in various impairment losses compared to the previous year [1] - The recognition of deferred tax assets, as per accounting standards, is expected to contribute positively to the company's profits [1] Impact of Accounting Changes - Despite a decrease in profits due to changes in accounting methods and market value fluctuations related to its stake in Qudian, the overall operating performance of the company has shown growth during the reporting period [1]

每经AI快讯，1月29日，国盛证券（002670）(002670.SZ)公告称，国盛证券预计2025年归属于上市公司 股东的净利润为2.10亿元~2.80亿元，比上年同期增长25.44%~67.25%。报告期内，资本市场交投活跃， 证券经纪、投行、期货经纪等业务收入增加；减值损失减少；递延所得税资产确认增加利润；虽趣店股 权核算变更及市值波动影响部分利润，整体业绩仍实现增长。 ...