{"id":817656,"date":"2026-07-26T19:08:41","date_gmt":"2026-07-26T11:08:41","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=817656"},"modified":"2026-07-26T19:08:41","modified_gmt":"2026-07-26T11:08:41","slug":"%e5%85%89%e5%a4%a7%e9%93%b6%e8%a1%8c%e9%9a%90%e8%97%8f200%e4%ba%bf%e5%9d%8f%e8%b4%a6%e4%bc%a0%e9%97%bb%ef%bc%9a%e6%98%af%e9%a3%8e%e9%99%a9%e9%9a%90%e5%8c%bf%ef%bc%8c%e8%bf%98","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=817656","title":{"rendered":"\u5149\u5927\u94f6\u884c\u201c\u9690\u85cf200\u4ebf\u574f\u8d26\u201d\u4f20\u95fb\uff1a\u662f\u98ce\u9669\u9690\u533f\uff0c\u8fd8\u662f\u8bef\u8bfb\uff1f"},"content":{"rendered":"<p><a href=\"https:\/\/finance.sina.com.cn\/focus\/app\/sfa_download_new.shtml\" target=\"_blank\" rel=\"noopener\">\u767b\u5f55\u65b0\u6d6a\u8d22\u7ecfAPP \u641c\u7d22\u3010\u4fe1\u62ab\u3011\u67e5\u770b\u66f4\u591a\u8003\u8bc4\u7b49\u7ea7<\/a><\/p>\n<p>\uff08\u6765\u6e90\uff1a\u534e\u94f6\u6218\u7565\u89c2\u5bdf\u5bb6\uff09<\/p>\n<p cms-style=\"font-L\">\u8fd1\u65e5\uff0c\u4e00\u4f4d\u6295\u8d44\u8005\u5728\u4e0a\u8bc1e\u4e92\u52a8\u5e73\u53f0\u5411<span><a href=\"https:\/\/finance.sina.com.cn\/realstock\/company\/sh601818\/nc.shtml\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u5149\u5927\u94f6\u884c<\/a><\/span><span><\/span>\u63d0\u95ee\uff1a\u201c\u5149\u5927\u94f6\u884c\u88ab\u6307\u9690\u85cf\u8fd1200\u4ebf\u574f\u8d26\u662f\u771f\u662f\u5047\uff1f\u201d\u5149\u5927\u94f6\u884c\u5b98\u65b9\u968f\u540e\u56de\u5e94\u79f0\uff1a\u201c\u6211\u884c\u7ecf\u8425\u57fa\u672c\u9762\u7a33\u5b9a\uff0c\u6ca1\u6709\u5e94\u8be5\u62ab\u9732\u800c\u6ca1\u6709\u62ab\u9732\u7684\u91cd\u5927\u98ce\u9669\u4e8b\u4ef6\u3002\u201d<\/p>\n<p cms-style=\"font-L\">\u636e\u4e86\u89e3\uff0c\u5f15\u53d1\u6295\u8d44\u8005\u201c\u9690\u85cf\u574f\u8d26\u201d\u7591\u8651\u7684\u6e90\u5934\uff0c\u5728\u4e8e\u5149\u5927\u94f6\u884c\u8d22\u62a5\u4e2d\u62ab\u9732\u7684\u4e0d\u826f\u8d37\u6b3e\u4f59\u989d\u4e0e\u9884\u671f\u4fe1\u7528\u635f\u5931\uff08ECL\uff09\u6a21\u578b\u4e0b\u7684\u201c\u7b2c\u4e09\u9636\u6bb5\uff08Stage 3\uff09\u201d\u8d37\u6b3e\u4f59\u989d\u4e4b\u95f4\u5b58\u5728\u8f83\u5927\u7684\u6570\u503c\u5dee\u989d\u3002<\/p>\n<p cms-style=\"font-L\">\u5728\u90e8\u5206\u6295\u8d44\u8005\u770b\u6765\uff0c\u201c\u7b2c\u4e09\u9636\u6bb5\u8d37\u6b3e\u201d\u5373\u610f\u5473\u7740\u8d44\u4ea7\u5df2\u7ecf\u53d1\u751f\u4fe1\u7528\u51cf\u503c\uff0c\u5982\u679c\u8fd9\u4e00\u89c4\u6a21\u5927\u4e8e\u94f6\u884c\u516c\u5e03\u7684\u201c\u4e0d\u826f\u8d37\u6b3e\u4f59\u989d\u201d\uff0c\u5c31\u88ab\u7b80\u5355\u89e3\u8bfb\u4e3a\u201c\u94f6\u884c\u672a\u5c06\u5168\u90e8\u574f\u8d26\u8ba1\u5165\u4e0d\u826f\u201d\u3002\u7136\u800c\uff0c\u8fd9\u79cd\u63a8\u8bba\u663e\u7136\u6df7\u6dc6\u4e86\u76d1\u7ba1\u5206\u7c7b\u53e3\u5f84\u4e0e\u4f1a\u8ba1\u51c6\u5219\u53e3\u5f84\u3002<\/p>\n<p cms-style=\"font-L\">\u4e0d\u826f\u8d37\u6b3e\uff08\u4e94\u7ea7\u5206\u7c7b\uff09\u5c5e\u4e8e\u76d1\u7ba1\u4e0e\u98ce\u9669\u7ba1\u7406\u8303\u7574\uff0c\u5305\u542b\u6b21\u7ea7\u3001\u53ef\u7591\u3001\u635f\u5931\u4e09\u7c7b\u3002\u901a\u5e38\u4ee5\u201c\u903e\u671f90\u5929\u4ee5\u4e0a\u201d\u4f5c\u4e3a\u5212\u5f52\u4e0d\u826f\u8d37\u6b3e\u7684\u786c\u6027\u6807\u51c6\u4e0e\u9632\u7ebf\u3002<\/p>\n<p cms-style=\"font-L\">\u7b2c\u4e09\u9636\u6bb5\u8d37\u6b3e\uff08Stage 3\uff09\u5c5e\u4e8e\u65b0\u91d1\u878d\u5de5\u5177\u51c6\u5219\uff08IFRS 9 \/ CAS 22\uff09\u4f1a\u8ba1\u8303\u7574\uff0c\u6307\u5df2\u53d1\u751f\u4fe1\u7528\u51cf\u503c\u7684\u8d44\u4ea7\u3002\u94f6\u884c\u9700\u5bf9\u5176\u6309\u5168\u751f\u547d\u5468\u671f\uff08Lifetime ECL\uff09\u63d0\u53d6\u51cf\u503c\u51c6\u5907\u3002<\/p>\n<p cms-style=\"font-L\">\u5728\u5546\u4e1a\u94f6\u884c\u7684\u65e5\u5e38\u98ce\u63a7\u4e0e\u8d22\u62a5\u7f16\u5236\u4e2d\uff0c\u76d1\u7ba1\u4e94\u7ea7\u5206\u7c7b\u4e0e\u4f1a\u8ba1\u51cf\u503c\u4e09\u9636\u6bb5\u867d\u7136\u65b9\u5411\u4e00\u81f4\uff0c\u4f46\u5728\u5177\u4f53\u8ba4\u5b9a\u6807\u51c6\u548c\u89e6\u53d1\u673a\u5236\u4e0a\u5b58\u5728\u5fae\u5999\u7684\u65f6\u6ede\u4e0e\u7ed3\u6784\u5dee\u5f02\u3002<\/p>\n<p cms-style=\"font-L\">\u90e8\u5206\u4f01\u4e1a\u8d37\u6b3e\u867d\u7136\u8fdb\u884c\u4e86\u5c55\u671f\u6216\u7ed3\u6784\u6027\u91cd\u7ec4\uff0c\u5728\u76d1\u7ba1\u4e94\u7ea7\u5206\u7c7b\u4e2d\u56e0\u672a\u5f62\u6210\u5b9e\u8d28\u6027\u903e\u671f\u6216\u6ee1\u8db3\u7279\u5b9a\u6761\u4ef6\u800c\u672a\u88ab\u5f52\u5165\u201c\u4e0d\u826f\u201d\uff1b\u4f46\u5728\u65b0\u4f1a\u8ba1\u51c6\u5219\u4e0b\uff0c\u7531\u4e8e\u5176\u4fe1\u7528\u98ce\u9669\u5df2\u53d1\u751f\u663e\u8457\u4e0d\u5229\u53d8\u5316\uff0c\u5fc5\u987b\u88ab\u5f52\u5165\u201c\u7b2c\u4e09\u9636\u6bb5\u201d\u3002\u8fd9\u5c31\u81ea\u7136\u5f62\u6210\u4e86\u9636\u6bb5\u4e09\u8d37\u6b3e\u4f59\u989d\u5927\u4e8e\u4e0d\u826f\u8d37\u6b3e\u4f59\u989d\u7684\u7ed3\u6784\u6027\u5dee\u989d\u3002<\/p>\n<p cms-style=\"font-L\">\u76d1\u7ba1\u4e0d\u826f\u8ba4\u5b9a\u5f80\u5f80\u6709\u660e\u786e\u7684\u6cd5\u5b9a\u903e\u671f\u5929\u6570\uff08\u598290\u5929\uff09\u3002\u800c\u5728\u5b9e\u9645\u64cd\u4f5c\u4e2d\uff0c\u5bf9\u4e8e\u90e8\u5206\u5df2\u51fa\u73b0\u5b9e\u8d28\u98ce\u9669\u4f46\u5c1a\u672a\u8fbe\u5230\u6cd5\u5b9a\u903e\u671f\u65f6\u9650\uff08\u5982\u903e\u671f60\u5929\uff09\u7684\u8d44\u4ea7\uff0c\u94f6\u884c\u53ef\u80fd\u5728\u4f1a\u8ba1\u4e0a\u57fa\u4e8e\u5ba1\u614e\u539f\u5219\u63d0\u524d\u8ba1\u5165\u201c\u9636\u6bb5\u4e09\u201d\uff1b\u53cd\u4e4b\uff0c\u67d0\u4e9b\u5177\u6709\u6781\u9ad8\u4f18\u8d28\u62b5\u8d28\u62bc\u7269\u8986\u76d6\u7684\u4e0d\u826f\u8d44\u4ea7\uff0c\u5176\u4f1a\u8ba1\u8ba1\u63d0\u8282\u594f\u4e0e\u76d1\u7ba1\u5206\u7c7b\u4e5f\u53ef\u80fd\u5b58\u5728\u77ed\u65f6\u95f4\u5dee\u3002<\/p>\n<p cms-style=\"font-L\">\u201c\u7b2c\u4e09\u9636\u6bb5\u8d37\u6b3e\u201d\u672c\u8eab\u5c31\u662f\u5546\u4e1a\u94f6\u884c\u5728\u8d22\u62a5\u9644\u6ce8\u4e2d\u4f9d\u7167\u6cd5\u5b9a\u89c4\u8303\u4e3b\u52a8\u4e14\u516c\u5f00\u62ab\u9732\u7684\u6807\u51c6\u5316\u6570\u636e\u3002\u5982\u679c\u94f6\u884c\u4e3b\u89c2\u4e0a\u6709\u610f\u9690\u85cf\u4e0d\u826f\uff0c\u7edd\u4e0d\u53ef\u80fd\u5728\u8d22\u62a5\u4e2d\u5982\u5b9e\u5217\u793a\u9636\u6bb5\u4e09\u7684\u771f\u5b9e\u89c4\u6a21\u3002\u6295\u8d44\u8005\u80fd\u591f\u901a\u8fc7\u6bd4\u5bf9\u8d22\u62a5\u4e2d\u7684\u9636\u6bb5\u4e09\u6570\u636e\u4e0e\u4e0d\u826f\u4f59\u989d\u6765\u63d0\u51fa\u7591\u95ee\uff0c\u6070\u6070\u5370\u8bc1\u4e86\u4e0a\u5e02\u94f6\u884c\u4fe1\u606f\u62ab\u9732\u7684\u9ad8\u5ea6\u900f\u660e\u5ea6\u3002<\/p>\n<p cms-style=\"font-L\">\u867d\u7136\u8fd9\u6b21\u201c\u9690\u85cf\u574f\u8d26\u201d\u5df2\u88ab\u8bc1\u5b9e\u4e3a\u8bef\u8bfb\uff0c\u4f46\u4ece\u91d1\u878d\u5206\u6790\u7684\u89d2\u5ea6\u6765\u770b\uff0c\u5e02\u573a\u6295\u8d44\u8005\u7684\u62c5\u5fe7\u4e5f\u5e76\u975e\u5b8c\u5168\u6beb\u65e0\u4f9d\u636e\u3002\u8fd9\u4e00\u4e8b\u4ef6\u7ed9\u5149\u5927\u94f6\u884c\u4e43\u81f3\u6574\u4e2a\u5546\u4e1a\u94f6\u884c\u63d0\u51fa\u4e86\u66f4\u4e3a\u6df1\u5c42\u7684\u8d44\u4ea7\u8d28\u91cf\u89c2\u5bdf\u89c6\u89d2\u3002<\/p>\n<p cms-style=\"font-L\">\u6f5c\u5728\u98ce\u9669\u7684\u4f20\u5bfc\u538b\u529b\u3002 \u5f53\u201c\u9636\u6bb5\u4e09\u201d\u8d37\u6b3e\u89c4\u6a21\u663e\u8457\u9ad8\u4e8e\u4e0d\u826f\u8d37\u6b3e\u65f6\uff0c\u610f\u5473\u7740\u94f6\u884c\u6f5c\u5728\u7684\u98ce\u9669\u8d44\u4ea7\u6b63\u5728\u5411\u4e2d\u524d\u53f0\u4f20\u5bfc\u3002\u672a\u6765\u4e00\u6bb5\u65f6\u95f4\uff0c\u94f6\u884c\u4f9d\u7136\u9762\u4e34\u7740\u4e00\u5b9a\u7684\u98ce\u9669\u5206\u7c7b\u8c03\u6574\u4e0e\u4e0d\u826f\u5305\u88b1\u51fa\u6e05\u538b\u529b\u3002<\/p>\n<p cms-style=\"font-L\">\u62e8\u5907\u9632\u5fa1\u80fd\u529b\u662f\u6838\u5fc3\u5b89\u5168\u57ab\u3002 \u8bc4\u4ef7\u8d44\u4ea7\u8d28\u91cf\u7684\u5173\u952e\uff0c\u4e0d\u4ec5\u5728\u4e8e\u770b\u4e0d\u826f\u8d37\u6b3e\u7387\uff0c\u66f4\u8981\u770b\u94f6\u884c\u5bf9\u201c\u9636\u6bb5\u4e09\u201d\u8d44\u4ea7\u7684\u51cf\u503c\u51c6\u5907\u8ba1\u63d0\u662f\u5426\u5145\u5206\u3002\u53ea\u8981\u94f6\u884c\u4e25\u683c\u6309\u7167\u4f1a\u8ba1\u51c6\u5219\u5bf9\u5176\u8ba1\u63d0\u4e86\u8db3\u989d\u7684\u9884\u671f\u4fe1\u7528\u635f\u5931\u51c6\u5907\uff0c\u5373\u4fbf\u540e\u7eed\u8fd9\u90e8\u5206\u8d44\u4ea7\u66b4\u9732\u4e3a\u4e0d\u826f\uff0c\u5bf9\u5229\u6da6\u8868\u548c\u8d44\u672c\u5145\u8db3\u7387\u7684\u4e8c\u6b21\u51b2\u51fb\u4e5f\u5c06\u6781\u4e3a\u6709\u9650\u3002<\/p>\n<p cms-style=\"font-L\">\u5355\u7eaf\u4f9d\u8d56\u201c\u4e0d\u826f\u8d37\u6b3e\u7387\u201d\u8fd9\u4e00\u5355\u4e00\u6307\u6807\u96be\u4ee5\u5168\u9762\u8fd8\u539f\u94f6\u884c\u771f\u5b9e\u7684\u8d44\u4ea7\u8d28\u91cf\u5168\u8c8c\u3002\u5728\u8d22\u62a5\u5206\u6790\u4e2d\u8fd8\u8981\u5f15\u5165\u4e00\u4e9b\u7ec4\u5408\u4ea4\u53c9\u9a8c\u8bc1\u6307\u6807\uff0c\u6bd4\u5982\u4e0d\u826f\u504f\u79bb\u5ea6\u3001\u9690\u6027\u98ce\u9669\u6bd4\u7387\u3001\u9636\u6bb5\u4e09\u62e8\u5907\u8986\u76d6\u7387\uff0c\u7b49\u3002<\/p>\n<p cms-style=\"font-L\">\u5149\u5927\u94f6\u884c\u6b64\u6b21\u5bf9\u5e02\u573a\u5173\u5207\u7684\u53ca\u65f6\u56de\u5e94\uff0c\u5c55\u73b0\u4e86\u4e0a\u5e02\u516c\u53f8\u9762\u5bf9\u8d44\u672c\u5e02\u573a\u7591\u95ee\u65f6\u7684\u5766\u8bda\u6001\u5ea6\u3002\u5728\u94f6\u884c\u4e1a\u6574\u4f53\u51c0\u606f\u5dee\u627f\u538b\u3001\u8d44\u4ea7\u8d28\u91cf\u5904\u4e8e\u653b\u575a\u671f\u7684\u80cc\u666f\u4e0b\uff0c\u7406\u6027\u770b\u5f85\u4f1a\u8ba1\u51c6\u5219\u4e0e\u76d1\u7ba1\u53e3\u5f84\u7684\u5dee\u5f02\uff0c\u7a7f\u900f\u6570\u636e\u8ff7\u96fe\u53bb\u6d1e\u5bdf\u94f6\u884c\u7684\u62e8\u5907\u539a\u5ea6\u4e0e\u98ce\u63a7\u673a\u5236\uff0c\u624d\u662f\u8d44\u672c\u5e02\u573a\u6295\u8d44\u8005\u5e94\u6709\u7684\u4e13\u4e1a\u89c6\u89d2\u3002<\/p>\n<p cms-style=\"font-L\">\n<p cms-style=\"font-L align-Center\">\n<p cms-style=\"font-L\">\n","protected":false},"excerpt":{"rendered":"<p>\u767b\u5f55\u65b0\u6d6a\u8d22\u7ecfAPP \u641c\u7d22\u3010\u4fe1\u62ab\u3011\u67e5\u770b\u66f4\u591a\u8003\u8bc4\u7b49\u7ea7 \uff08\u6765\u6e90\uff1a\u534e\u94f6\u6218\u7565\u89c2\u5bdf\u5bb6\uff09 \u8fd1\u65e5\uff0c\u4e00\u4f4d\u6295\u8d44\u8005\u5728\u4e0a\u8bc1e\u4e92\u52a8\u5e73\u53f0\u5411 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":[],"categories":[5],"tags":[],"views":7,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/817656"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=817656"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/817656\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=817656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=817656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=817656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}