公司董事会认为股权增加反映陈博士对公司价值的认可和对公司未来整体业务发展及增长潜力的信心。 智通财经APP讯，中国软件国际(00354)发布公告，于2025年9月23日，公司获接其主要股东、主席兼执 行董事陈宇红博士通知，紧接陈博士于2025年7月18日收购200万股公司普通股后，陈博士已于2025年9 月23日再次收购合共150万股份, 有关平均价格约为每股股份6.0412港元，有关总金额约为906.18万港 元。根据股权增加所收购之股份总数相当于公司于本公布日期已发行股份总数约0.05%。于紧随股权增 加后，陈博士持有3.19亿股股份，相当于公司于本公布日期之已发行股份总数约11.68%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公佈的內 容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全 部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公司董事會認為股權增加反映陳博士對本公司價值的認可和對本公司未來整體業務 發展及增長潛力的信心。 自願性公佈 主要股東股權增加 本公佈乃由中軟國際有限公司（「本公司」）作為自願性公佈發出，以讓公眾人士瞭 解本公司之最新資料。 於二零二五年九月二十三日，本公司獲接其主要股東、主席兼執行董事陳宇紅博士（「陳 博士」）通知，緊接陳博士於二零二五年七月十八日收購 2,000,000 股本公司普通股 （「股份」）後，陳博士已於二零二五年九月二十三日再次收購合共 1,500,000 股份, 有關平均價格約為每股股份 6.0412 港元，有關總金額約為 906.18 萬港元（「股權增 加」）。根據股權增加所收購之股份總數相當於本公司於本公佈日期已發行股份總數 約 0.05%。於緊隨股權增加後，陳博士持有 318,988,861 股股份，相當於本公司於本公 佈日期之已發行股份總數約 11.68%。 本公司 ...

来源：环球网 中软国际和华为一起迎来了企业节的"四年之约"，并同步参与"中国国际大数据产业博览会"，一起跟紧 国家数字产业最新趋势，助力数字经济发展。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHINASOFT INTERNATIONAL LIMITED 中軟國際有限公司 * 董事會亦謹此提供有關未動用所得款項淨額用途變動之最新資料。 1 所得款項用途變動 本公司於二零二一年十月四日訂立配售協議，以配售最多合共162,000,000股配售 股份，有關配售價為每股配售股份12.26港元，為本公司籌集之所得款項淨額約為 19.70億港元（「所得款項淨額」）（經扣除配售事項之佣金及其他開支後）。下文載 列本公司對所得款項淨額之用途及擬定用途，以及自配售事項完成後，有關約7.88 億港元（佔所得款項淨額約40%）用於鴻蒙操作系統及OpenHarmony用途之預期時 間表之變動： | | | | 於二零二五年 | | | --- | --- | --- | --- | --- | | | | | 中期報告所披 | | | 所得款項 | | | 露之所得款項 | 預期動用時間 | | 淨額分配 | 所得款 ...

Core Viewpoint - Nomura has raised the target price for China Software International (00354) by 33.9%, from HKD 5.6 to HKD 7.5, while maintaining a "Buy" rating [1] Group 1: Business Performance - The worst period for China Software International may be over, as its core IT outsourcing business shows signs of recovery with a year-on-year growth of 7% in the first half of 2025, primarily benefiting from Huawei's business restructuring [1] - Despite facing pricing pressure in traditional IT outsourcing, the company is expected to achieve mid to high single-digit year-on-year growth in this segment from fiscal years 2025 to 2027 [1] Group 2: Revenue and Profitability Outlook - The overall revenue growth for the company is projected to reach 10-15% (low teens) year-on-year during the same period [1] - Due to the increasing contribution from higher-margin AI cloud services, the company's profit margins are expected to expand over the next 2-3 years [1]

Core Viewpoint - Nomura has raised the target price for China Software International (00354) by 33.9%, from HKD 5.6 to HKD 7.5, maintaining a "Buy" rating [1] Group 1: Business Performance - The worst period for China Software International may be over, as its core IT outsourcing business shows signs of recovery with a year-on-year growth of 7% in the first half of 2025, following nearly three years of decline [1] - The recovery is primarily attributed to Huawei's business restructuring, which is expected to increase demand for China Software International's IT services [1] Group 2: Future Outlook - Despite ongoing pricing pressure in traditional IT outsourcing, it is anticipated that this segment will achieve mid to high single-digit year-on-year growth from fiscal years 2025 to 2027 [1] - Overall revenue growth for the company is projected to reach 10-15% (low teens) during the same period [1] - The contribution from higher-margin AI cloud services is expected to enhance profit margins, with an expansion forecasted over the next 2-3 years [1]

Group 1 - The core viewpoint of the article is that China Software International (00354) has a positive outlook for its AI business, expecting a year-on-year growth of 109% this year, which will contribute to an improvement in gross margin [1] - The management of China Software International believes that the government's goal is to build smart cities based on the HarmonyOS, and they have already signed a contract with the Xi'an government, with other projects in progress [1] - Citic Lyon maintains a "outperform" rating for China Software International with a target price of HKD 7.5 [1]

Group 1 - The core viewpoint of the article highlights that China Software International (00354) presented a more optimistic outlook during the Citic Lyon investor forum, with expectations of a 109% year-on-year growth in its AI business this year, which is anticipated to improve gross margins [1] - The management of China Software International believes that the government's goal is to build smart cities based on the HarmonyOS, and they have already signed a contract with the Xi'an government, with other projects in progress [1] - Citic Lyon maintains a "outperform" rating for China Software International with a target price of HKD 7.5 [1]

Core Viewpoint - Morgan Stanley maintains a cautious stance on the fundamentals of the mainland software industry, anticipating a slowdown in GDP growth and ongoing deflationary pressures, with low confidence in IT investment from enterprises [1] Group 1: Economic Outlook - The expectation is that GDP growth in mainland China will slow down, and deflationary pressures remain a concern [1] - It is believed that a recovery in IT investment confidence will take 1 to 2 years after deflation ends [1] Group 2: Demand and Supply Dynamics - Any new technology trends driven by supply-side factors will only lead to a redistribution of existing budgets in the market until there is a substantial demand turnaround [1] Group 3: Funding and Market Conditions - The software sector is expected to follow overall market liquidity in a low-interest-rate environment, exhibiting higher elasticity (Beta) due to low allocation by active funds [1] Group 4: Investment Themes - Themes such as AI applications, technology localization, and stablecoins may significantly impact stock prices, but no themes have been identified that can truly reverse the industry's fundamentals at this time [1] Group 5: Stock Recommendations - The firm strongly recommends H-shares over A-shares, with the top pick being Beisen Holdings (09669) with a target price of HKD 10.3 and a rating of "Overweight" due to expected accelerated revenue growth [1] - Other recommended stocks include Kingdee International (00268) with a target price of HKD 14.2, China Software International (00354) with a revised target price of HKD 6.6 (previously HKD 5.4), and Kingsoft (03888) with a target price of HKD 38, all rated "In Line with Market" [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 中軟國際有限公司 呈交日期: 2025年9月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00354 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.05 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.05 | HKD | | 200,000,000 | 本月底法定/註冊股本總額： HKD 200,000,000 ...