核心观点公司公布2024 年全年业绩，实现主营业务收入及收益10.31亿元，同比+18.8%；毛利润7.17 亿元，同比+36.2%，受金融资产减值准备增提的影响，经调整亏损录得6.79 亿元。分业务来看，公司资产证券化业务在行业下行环境中仍能取得逆势增长，直接融资业务通过快速拓客实现了业务规模扩张；新兴市场则抓住龙头企业出海机遇，积极开拓小微电商市场。建议关注公司未来经营修复的机遇，给予“增持”...
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