564 lines
29 KiB
HTML
564 lines
29 KiB
HTML
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<!DOCTYPE html>
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<html lang="zh-CN">
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<meta charset="utf-8" />
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<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
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<title>蚂蚁金服概念分析报告</title>
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</style>
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</head>
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<body class="bg-gray-50">
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<div class="container mx-auto px-4 py-8 max-w-6xl">
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<!-- 标题部分 -->
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<div class="text-center mb-10">
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<h1 class="text-4xl md:text-5xl font-bold text-gray-800 mb-4">蚂蚁金服概念分析报告</h1>
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<p class="text-lg text-gray-600 max-w-3xl mx-auto">
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深度解析蚂蚁金服从"监管整改→牌照补齐→股权重组"的转型之路，以及其生态链公司的投资价值
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</p>
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</div>
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<!-- 概念事件时间线 -->
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<div class="bg-white rounded-xl card-shadow p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-history text-blue-500 mr-3"></i>概念事件时间线
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</h2>
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<div class="space-y-4">
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2020-04</div>
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<div class="text-gray-600">央行等金融监管部门联合约谈蚂蚁集团，启动"平台经济专项整改"。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2021-05</div>
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<div class="text-gray-600">13家平台被二次约谈，蚂蚁消金获批成立，注册资本80亿元。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2023-01</div>
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<div class="text-gray-600">马云投票权由53.46%降至6.2%，蚂蚁集团变更为"无实际控制人"，为上市扫清三年锁定期障碍。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2023-07</div>
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<div class="text-gray-600">央行等三部门对蚂蚁集团合计罚款<span class="font-bold text-red-500">182.3亿元</span>，整改"基本结束"。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2024-01</div>
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<div class="text-gray-600">钱塘征信获批个人征信牌照（蚂蚁持股35%），成为第三家持牌机构。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2024-11</div>
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<div class="text-gray-600">市场传闻"蚂蚁重启上市"，带动概念股集体涨停（君正集团、恒生电子等）。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2025-04</div>
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<div class="text-gray-600">蚂蚁财富通过上海云进以28.14亿港元要约收购耀才证券50.55%股权，布局香港券商牌照。</div>
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</div>
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<div class="timeline-item">
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<div class="font-semibold text-gray-800">2025-06</div>
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<div class="text-gray-600">蚂蚁数科启动香港稳定币牌照申请，并与协鑫能科成立"蚂蚁鑫能"切入能源RWA。</div>
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</div>
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</div>
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</div>
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<!-- 核心观点摘要 -->
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<div class="bg-gradient-to-r from-blue-50 to-indigo-50 rounded-xl card-shadow p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-4 flex items-center">
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<i class="fas fa-lightbulb text-yellow-500 mr-3"></i>核心观点摘要
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</h2>
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<div class="bg-white rounded-lg p-5 border-l-4 border-blue-500">
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<p class="text-gray-700 leading-relaxed">
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蚂蚁集团已完成"监管整改→牌照补齐→股权重组"三步走，正式迈入"二次创业"阶段；
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<span class="font-bold highlight-text">征信+消金+券商+稳定币</span>四张高含金量牌照落地，使其从"金融平台"升级为"全牌照金融科技基础设施"，未来2-3年有望重启IPO并带动生态公司价值重估。
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</p>
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</div>
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</div>
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<!-- 概念的核心逻辑与市场认知分析 -->
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<div class="grid grid-cols-1 lg:grid-cols-2 gap-8 mb-8">
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<!-- 核心驱动力 -->
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<div class="bg-white rounded-xl card-shadow p-6">
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<h3 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
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<i class="fas fa-rocket text-green-500 mr-2"></i>核心驱动力
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</h3>
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<ul class="space-y-3">
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<li class="flex items-start">
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<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
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<span><span class="font-semibold">牌照红利</span>：钱塘征信（35%）、蚂蚁消金（185亿元注册资本）、耀才证券（1/2/3/4/5/7/9号牌照）、香港稳定币牌照四箭齐发，形成境内+境外、ToB+ToC的完整金融闭环。</span>
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</li>
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<li class="flex items-start">
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<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
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<span><span class="font-semibold">政策转向</span>：2023年7月郭树清表态"专项整改基本完成"，2024年中央经济工作会议提出"支持平台经济健康发展"，监管由"约束"转为"规范+鼓励"。</span>
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</li>
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<li class="flex items-start">
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<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
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<span><span class="font-semibold">技术变现</span>：蚂蚁医疗大模型、能源RWA、AI健康管家等场景落地，验证"AI+金融"商业化路径。</span>
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</li>
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</ul>
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</div>
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<!-- 市场热度与情绪 -->
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<div class="bg-white rounded-xl card-shadow p-6">
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<h3 class="text-xl font-bold text-gray-800 mb-4 flex items-center">
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<i class="fas fa-fire text-orange-500 mr-2"></i>市场热度与情绪
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</h3>
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<ul class="space-y-3">
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<li class="flex items-start">
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<i class="fas fa-chart-line text-orange-500 mt-1 mr-2"></i>
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<span>2024-11-11钱塘征信获批当日，<span class="font-bold text-orange-500">蚂蚁概念股指数单日上涨9.8%</span>，君正集团、恒生电子等十余股涨停；</span>
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</li>
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<li class="flex items-start">
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<i class="fas fa-chart-line text-orange-500 mt-1 mr-2"></i>
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<span>2025-04-25收购耀才证券公告后，耀才证券三日涨幅<span class="font-bold text-orange-500">139%</span>，溢价123%反映市场对牌照稀缺性的极度乐观。</span>
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</li>
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</ul>
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<h3 class="text-xl font-bold text-gray-800 mt-6 mb-4 flex items-center">
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<i class="fas fa-exclamation-triangle text-purple-500 mr-2"></i>预期差
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</h3>
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<div class="bg-purple-50 rounded-lg p-4">
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<div class="flex items-start mb-2">
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<i class="fas fa-times-circle text-red-500 mt-1 mr-2"></i>
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<div>
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<div class="font-semibold text-gray-700">普遍认知</div>
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<div class="text-gray-600">市场仍停留在"蚂蚁能否上市"的二元博弈；</div>
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</div>
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</div>
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<div class="flex items-start">
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<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
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<div>
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<div class="font-semibold text-gray-700">被忽略点</div>
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<div class="text-gray-600">蚂蚁已通过"曲线方式"获得券商牌照（耀才证券），并提前卡位香港稳定币赛道，<span class="font-bold text-green-600">上市已非唯一催化</span>，牌照协同带来的EPS增厚更值得关注。</div>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- 关键催化剂与未来发展路径 -->
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<div class="bg-white rounded-xl card-shadow p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-road text-indigo-500 mr-3"></i>关键催化剂与未来发展路径
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</h2>
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
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<!-- 近期催化剂 -->
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<div class="bg-blue-50 rounded-lg p-5">
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<h3 class="text-lg font-bold text-blue-700 mb-4 flex items-center">
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<i class="fas fa-calendar-alt mr-2"></i>近期（3-6个月）
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</h3>
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<ol class="space-y-3 list-decimal list-inside">
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<li class="text-gray-700"><span class="font-semibold">2025Q3</span> 蚂蚁消金增资至230亿元后首份财报，关注净利润弹性（传化智联披露1H24蚂蚁消金净利9.2亿元，同比+107%）；</li>
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<li class="text-gray-700"><span class="font-semibold">2025Q3-Q4</span> 香港稳定币牌照发放，蚂蚁数科或成为首批持牌机构；</li>
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<li class="text-gray-700"><span class="font-semibold">2025H2</span> 耀才证券并表后，蚂蚁财富香港业务GMV及佣金率数据。</li>
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</ol>
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</div>
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<!-- 长期发展路径 -->
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<div class="bg-indigo-50 rounded-lg p-5">
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<h3 class="text-lg font-bold text-indigo-700 mb-4 flex items-center">
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<i class="fas fa-compass mr-2"></i>长期（2-3年）
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</h3>
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<ul class="space-y-3">
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<li class="flex items-start">
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<i class="fas fa-arrow-right text-indigo-500 mt-1 mr-2"></i>
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<span class="text-gray-700"><span class="font-semibold">2026年</span> 满足A股"实控人三年未变更"条件，启动科创板IPO；</span>
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</li>
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<li class="flex items-start">
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<i class="fas fa-arrow-right text-indigo-500 mt-1 mr-2"></i>
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<span class="text-gray-700"><span class="font-semibold">2027年</span> 以"征信+支付+消金+券商+稳定币"为底层，构建跨境数字金融基础设施，对标PayPal+Square+Coinbase综合体。</span>
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</li>
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</ul>
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</div>
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</div>
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</div>
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<!-- 产业链与核心公司深度剖析 -->
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<div class="bg-white rounded-xl card-shadow p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-sitemap text-teal-500 mr-3"></i>产业链与核心公司深度剖析
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</h2>
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<!-- 产业链图谱 -->
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<div class="mb-8">
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<h3 class="text-xl font-bold text-gray-700 mb-4">产业链图谱</h3>
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<div class="flex flex-col md:flex-row justify-between items-center bg-gray-50 rounded-lg p-4">
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<div class="text-center mb-4 md:mb-0">
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<div class="bg-teal-100 text-teal-800 rounded-full w-16 h-16 flex items-center justify-center mx-auto mb-2">
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<i class="fas fa-database text-xl"></i>
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</div>
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<div class="font-semibold">上游：数据</div>
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<div class="text-sm text-gray-600">征信</div>
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</div>
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<div class="hidden md:block text-gray-400">
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<i class="fas fa-arrow-right"></i>
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</div>
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<div class="text-center mb-4 md:mb-0">
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<div class="bg-blue-100 text-blue-800 rounded-full w-16 h-16 flex items-center justify-center mx-auto mb-2">
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<i class="fas fa-id-card text-xl"></i>
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</div>
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<div class="font-semibold">中游：牌照</div>
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<div class="text-sm text-gray-600">消金、券商、稳定币</div>
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</div>
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<div class="hidden md:block text-gray-400">
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<i class="fas fa-arrow-right"></i>
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</div>
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<div class="text-center">
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<div class="bg-purple-100 text-purple-800 rounded-full w-16 h-16 flex items-center justify-center mx-auto mb-2">
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<i class="fas fa-store text-xl"></i>
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</div>
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<div class="font-semibold">下游：场景</div>
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<div class="text-sm text-gray-600">支付、理财、保险、跨境结算</div>
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</div>
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</div>
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</div>
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<!-- 核心玩家对比 -->
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<div>
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<h3 class="text-xl font-bold text-gray-700 mb-4">核心玩家对比</h3>
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<div class="overflow-x-auto">
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<table class="min-w-full bg-white border border-gray-200 rounded-lg">
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<thead>
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<tr class="bg-gray-100">
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">公司</th>
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">关联逻辑</th>
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">竞争优势</th>
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<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">风险点</th>
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</tr>
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</thead>
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<tbody>
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<tr class="hover:bg-gray-50">
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<td class="py-3 px-4 border-b font-semibold text-blue-600">恒生电子</td>
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<td class="py-3 px-4 border-b">蚂蚁间接持股20.72%，金融IT绝对龙头</td>
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<td class="py-3 px-4 border-b">深度绑定蚂蚁技术栈，AI资管系统市占率超60%</td>
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<td class="py-3 px-4 border-b">估值已反映蚂蚁预期（2025E PE 45x）</td>
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</tr>
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<tr class="hover:bg-gray-50">
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<td class="py-3 px-4 border-b font-semibold text-blue-600">朗新集团</td>
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<td class="py-3 px-4 border-b">蚂蚁旗下云鑫持股10.69%，RWA独家合作</td>
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<td class="py-3 px-4 border-b">充电桩RWA已融资1亿元，复制性强</td>
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<td class="py-3 px-4 border-b">新能源政策波动影响资产质量</td>
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</tr>
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<tr class="hover:bg-gray-50">
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<td class="py-3 px-4 border-b font-semibold text-blue-600">君正集团</td>
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<td class="py-3 px-4 border-b">持有天弘基金15.6%，蚂蚁为第一大股东</td>
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<td class="py-3 px-4 border-b">天弘余额宝规模<span class="font-bold">1.2万亿元</span>，坐享管理费分成</td>
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<td class="py-3 px-4 border-b">货币基金监管趋严</td>
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</tr>
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<tr class="hover:bg-gray-50">
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<td class="py-3 px-4 border-b font-semibold text-blue-600">税友股份</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁云鑫持股4.99%，财税信息化龙头</td>
|
||
<td class="py-3 px-4 border-b">金税四期核心供应商，蚂蚁财税场景协同</td>
|
||
<td class="py-3 px-4 border-b">G端订单节奏不及预期</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold text-blue-600">传化智联</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁消金5.01%股东，供应链金融协同</td>
|
||
<td class="py-3 px-4 border-b">物流场景+消金放款闭环，1H24投资收益4633万元</td>
|
||
<td class="py-3 px-4 border-b">物流行业景气度下行</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
|
||
<!-- 验证与证伪 -->
|
||
<div class="mt-6 bg-yellow-50 rounded-lg p-4 border-l-4 border-yellow-400">
|
||
<h4 class="font-bold text-gray-700 mb-2 flex items-center">
|
||
<i class="fas fa-search text-yellow-600 mr-2"></i>验证与证伪
|
||
</h4>
|
||
<ul class="space-y-2">
|
||
<li class="flex items-start">
|
||
<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
|
||
<span class="text-gray-700"><span class="font-semibold">恒生电子</span>：2024年来自蚂蚁系收入占比<span class="font-bold text-green-600">22%</span>，订单增速50%+，验证"蚂蚁技术外溢"逻辑；</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-check-circle text-green-500 mt-1 mr-2"></i>
|
||
<span class="text-gray-700"><span class="font-semibold">朗新集团</span>：RWA二期融资若落地（预计2025Q3），将直接增厚利润<span class="font-bold text-green-600">3000万元</span>，证伪"概念炒作"质疑。</span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险与挑战 -->
|
||
<div class="bg-white rounded-xl card-shadow p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-exclamation-triangle text-red-500 mr-3"></i>潜在风险与挑战
|
||
</h2>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-red-50 rounded-lg p-4">
|
||
<h3 class="font-bold text-red-700 mb-2 flex items-center">
|
||
<i class="fas fa-microchip mr-2"></i>技术风险
|
||
</h3>
|
||
<p class="text-gray-700">医疗大模型误诊责任界定、稳定币智能合约漏洞；</p>
|
||
</div>
|
||
<div class="bg-orange-50 rounded-lg p-4">
|
||
<h3 class="font-bold text-orange-700 mb-2 flex items-center">
|
||
<i class="fas fa-coins mr-2"></i>商业化风险
|
||
</h3>
|
||
<p class="text-gray-700">香港虚拟资产交易日均成交量仅<span class="font-bold">5亿美元</span>，稳定币场景拓展需时间；</p>
|
||
</div>
|
||
<div class="bg-yellow-50 rounded-lg p-4">
|
||
<h3 class="font-bold text-yellow-700 mb-2 flex items-center">
|
||
<i class="fas fa-balance-scale mr-2"></i>政策风险
|
||
</h3>
|
||
<p class="text-gray-700">跨境数据流动监管趋严，可能影响征信与稳定币业务；</p>
|
||
</div>
|
||
<div class="bg-purple-50 rounded-lg p-4">
|
||
<h3 class="font-bold text-purple-700 mb-2 flex items-center">
|
||
<i class="fas fa-info-circle mr-2"></i>信息矛盾
|
||
</h3>
|
||
<p class="text-gray-700">部分媒体称"蚂蚁2025年重启IPO"，但路演纪要明确"最早2026年"，需以监管批文为准。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="bg-gradient-to-r from-indigo-600 to-purple-600 rounded-xl card-shadow p-6 mb-8 text-white">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-trophy text-yellow-300 mr-3"></i>综合结论与投资启示
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-bold mb-3">阶段判断</h3>
|
||
<p class="text-indigo-100">蚂蚁概念已从"整改博弈"进入"牌照兑现+业绩驱动"阶段，主题投资向基本面投资切换。</p>
|
||
</div>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-bold mb-3">最具价值方向</h3>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-white bg-opacity-20 rounded-lg p-4">
|
||
<h4 class="font-bold text-yellow-300 mb-2">牌照稀缺性</h4>
|
||
<p>恒生电子（金融IT）、朗新集团（RWA场景）；</p>
|
||
</div>
|
||
<div class="bg-white bg-opacity-20 rounded-lg p-4">
|
||
<h4 class="font-bold text-yellow-300 mb-2">业绩弹性</h4>
|
||
<p>君正集团（天弘基金）、传化智联（消金投资收益）。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-bold mb-3">关键跟踪指标</h3>
|
||
<ul class="space-y-2">
|
||
<li class="flex items-start">
|
||
<i class="fas fa-chart-line text-yellow-300 mt-1 mr-2"></i>
|
||
<span>蚂蚁消金2025年净利润（预计<span class="font-bold">20亿元+</span>）；</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-coins text-yellow-300 mt-1 mr-2"></i>
|
||
<span>香港稳定币牌照发放名单（蚂蚁数科是否首批）；</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<i class="fas fa-percentage text-yellow-300 mt-1 mr-2"></i>
|
||
<span>耀才证券并表后季度佣金收入增速（>30%为超预期）。</span>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票数据表格 -->
|
||
<div class="bg-white rounded-xl card-shadow p-6">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-table text-blue-500 mr-3"></i>关联股票数据
|
||
</h2>
|
||
|
||
<div class="table-responsive">
|
||
<table class="min-w-full bg-white border border-gray-200 rounded-lg">
|
||
<thead>
|
||
<tr class="bg-gray-100">
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">股票名称</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">关联方式</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">关联详情</th>
|
||
<th class="py-3 px-4 text-left font-semibold text-gray-700 border-b">关联原因</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">朗新集团</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁金服旗下上海云鑫持有10.69%股份、上海云钜持有5.85%股份</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁金服旗下公司持有朗新集团股份</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">新开普</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">校园一卡通充值缴费、虚拟校园卡消费、身份识别等场景合作</td>
|
||
<td class="py-3 px-4 border-b">公司在校园场景与蚂蚁金服保持业务合作</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">君正集团</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">持有天弘基金15.60%股权，蚂蚁金服为第一大股东</td>
|
||
<td class="py-3 px-4 border-b">公司持有天弘基金股权，蚂蚁金服为第一大股东</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">合肥城建</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">兴泰控股通过参股建信信托成为海南建银建信间接股东，蚂蚁金服为股东之一</td>
|
||
<td class="py-3 px-4 border-b">间接关联蚂蚁金服股东身份</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">金桥信息</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">AI技术赋能多元解纷业务</td>
|
||
<td class="py-3 px-4 border-b">与蚂蚁集团合作推进人工智能技术落地</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">浙大网新</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">互联网+人社领域合作</td>
|
||
<td class="py-3 px-4 border-b">与蚂蚁金服签订《框架合作协议》</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">恒生电子</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁金服间接持有20.72%股份</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁金服间接持有恒生电子股份</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">华信永道</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">第三大股东上海云鑫创业投资为蚂蚁科技全资控股</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁科技通过子公司间接持股</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">税友股份</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁集团全资子公司云鑫创投入股</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁集团子公司投资税友股份</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">吉大正元</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">股东上海云鑫创业投资为蚂蚁科技全资子公司</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁科技通过子公司间接持股</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">传化智联</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">拟增资蚂蚁消金9亿元，占股5%</td>
|
||
<td class="py-3 px-4 border-b">参与蚂蚁消金增资扩股</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">南威软件</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">联合打造区块链电子证照数据服务平台</td>
|
||
<td class="py-3 px-4 border-b">与蚂蚁金服合作区块链技术应用</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">湘邮科技</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">控股股东中国邮政集团通过中邮资本参股蚂蚁金服</td>
|
||
<td class="py-3 px-4 border-b">间接持有蚂蚁金服股份</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">正元智慧</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">发布正元智慧虚拟校园卡身份验证终端</td>
|
||
<td class="py-3 px-4 border-b">蚂蚁金服合作开发未来校园平台</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">汇鸿集团</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">间接持有蚂蚁金服比例较小</td>
|
||
<td class="py-3 px-4 border-b">通过投资间接持有蚂蚁金服股份</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">天源迪科</td>
|
||
<td class="py-3 px-4 border-b">项目</td>
|
||
<td class="py-3 px-4 border-b">子公司迪科数金与蚂蚁金服在客服和智能客服合作</td>
|
||
<td class="py-3 px-4 border-b">子公司与蚂蚁金服存在业务合作</td>
|
||
</tr>
|
||
<tr class="hover:bg-gray-50">
|
||
<td class="py-3 px-4 border-b font-semibold">新华联</td>
|
||
<td class="py-3 px-4 border-b">参股</td>
|
||
<td class="py-3 px-4 border-b">新华联集团投资云锋基金，该基金投资蚂蚁金服</td>
|
||
<td class="py-3 px-4 border-b">通过基金间接投资蚂蚁金服</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script>
|
||
// 添加滚动动画效果
|
||
document.addEventListener('DOMContentLoaded', function() {
|
||
const observer = new IntersectionObserver((entries) => {
|
||
entries.forEach(entry => {
|
||
if (entry.isIntersecting) {
|
||
entry.target.classList.add('animate-fadeIn');
|
||
}
|
||
});
|
||
}, { threshold: 0.1 });
|
||
|
||
document.querySelectorAll('.card-shadow').forEach(card => {
|
||
observer.observe(card);
|
||
});
|
||
});
|
||
</script>
|
||
|
||
<style>
|
||
@keyframes fadeIn {
|
||
from { opacity: 0; transform: translateY(20px); }
|
||
to { opacity: 1; transform: translateY(0); }
|
||
}
|
||
.animate-fadeIn {
|
||
animation: fadeIn 0.6s ease-out forwards;
|
||
}
|
||
</style>
|
||
</body>
|
||
</html>
|
||
``` |