Group 1 - The core viewpoint of the article highlights the significant increase in southbound capital holdings in China Software International (00354.HK), with a total net increase of 21.6 million shares over the last five trading days and 49.6 million shares over the last 20 trading days [1] - As of now, southbound capital holds 966 million shares of China Software International, accounting for 35.31% of the company's total issued ordinary shares [1] Group 2 - China Software International is an investment holding company that provides global technology software and IT services, operating through two main segments: technology professional services and internet information technology services [1] - The company's primary business focuses on the development of generative artificial intelligence (AIGC), sales of large model software and hardware, and digital transformation consulting services for enterprise resource planning (ERP) models [1] - Key products include the "Question Series" solutions, large model application integrated machines, and the Lingxi AI application platform, serving various sectors such as water conservancy, transportation, government platforms, military, energy, education, and finance [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [6]. Core Insights - The company achieved a revenue of 17.027 billion RMB in 2025, reflecting a year-on-year growth of 0.5%. However, net profit decreased by 36.7% to 324 million RMB due to one-time costs and goodwill impairment [1]. - The company's AI strategy is showing results, with a significant increase in full-stack AI business revenue, which grew by 109.2% to 2 billion RMB in 2025 [2]. - The company is undergoing a transformation to enhance efficiency and reduce costs through AI integration, shifting from a labor-intensive model to a high-margin AI-enabled business [3]. Revenue and Profitability - The gross profit for 2025 was 3.469 billion RMB, down 7.3% from the previous year, with a gross margin of 20.4%, a decline of 1.7 percentage points [4]. - The adjusted pre-tax net profit, excluding special items, was 682 million RMB, showing a slight increase of 0.2% year-on-year [1]. Future Projections - The company is expected to continue its AI strategy, with revised net profit forecasts for 2026 and 2027 at 627 million RMB and 721 million RMB, respectively, down from previous estimates [4]. - The report projects a net profit of 815 million RMB for 2028, indicating a gradual recovery and growth trajectory [4]. Market Expansion - The company is actively expanding its overseas market presence, providing smart venue solutions in Hong Kong and collaborating on digital infrastructure projects in Saudi Arabia [3].

EF001 | 代扣所得稅信息 | | | --- | --- | | 股息所涉及的代扣所得稅 | 不適用 | | 發行人所發行上市權證/可轉換債券的相關信息 | | | 發行人所發行上市權證/可轉換債券 | 不適用 | | 其他信息 | | | 其他信息 | 不適用 | | 發行人董事 | | | 於本公佈刊發日期，董事會包括三名執行董事，即陳宇紅博士（主席兼首席執行官）、何寧博士（副主席）及唐振明博士，兩名非 | | | 執行董事，即張亞勤博士及高良玉先生，以及三名獨立非執行董事，即賴觀榮博士、巫麗蘭教授及楊德斌先生太平紳士。 | | 第 2 頁 共 2 頁 v 1.1.1 EF001 免責聲明 | 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告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | | --- | --- | | 公告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。 | | | | 股票發行人現金股息公告 | | 發行人名稱 | 中軟國際有限公司 | | 股份代號 00354 | | | 多櫃檯股份代號及貨幣 不適用 | | | ...

Core Insights - The company's annual profit decreased primarily due to two special factors: increased one-time severance compensation costs during the AI transformation process and the recognition of goodwill impairment losses [2] - In 2025, the company will further advance its "One Body, Two Wings" strategic layout, focusing on AI as the core, with Physical AI and Digital AI as wings, targeting two main growth engines: AI Harmony and AI Intelligent Business Operating System [2] - The sales revenue of the full-stack, all-scenario AI products and services reached 2 billion yuan, representing a year-on-year increase of 109.2%, indicating the company's successful transition to a new role as an enterprise Agentic AI architect and integrator [2] Financial Performance - The company reported a revenue of approximately 17.03 billion yuan, a year-on-year increase of 0.5% [3] - The profit attributable to shareholders was approximately 321 million yuan, a decrease of 37.3% year-on-year [3] - Basic earnings per share were 12.84 cents, with a final dividend of 0.0466 Hong Kong dollars per share [3]

Group 1 - The core revenue for the company in 2025 was RMB 17.027 billion, reflecting a slight year-on-year increase of 0.5% [1] - Service revenue reached RMB 16.686 billion, showing a year-on-year growth of 2.3% [1] - The profit attributable to shareholders decreased to RMB 321 million, a decline of 37.3% compared to the previous year [1] Group 2 - The company reported a basic earnings per share of RMB 0.1284, with a proposed final dividend of HKD 0.0466 per share for the year ending December 31, 2025 [1] - The significant growth in the company's full-stack AI products and services, which generated sales of RMB 2 billion, marked a substantial year-on-year increase of 109.2% [1] - The decline in annual profit was influenced by one-time employee compensation costs due to personnel optimization and impairment losses on goodwill [2]

Core Viewpoint - China Software International (00354) reported a net profit attributable to shareholders of approximately 321 million yuan for 2025, representing a year-on-year decrease of 37.3% [1] Financial Performance - The company's revenue for 2025 was approximately 17.03 billion yuan, showing a year-on-year growth of 0.5% [1] - Basic earnings per share were 12.84 cents, with a final dividend of 0.0466 HKD per share [1] Factors Affecting Profitability - The decline in annual profit was primarily influenced by two special factors: increased one-time severance compensation costs due to personnel optimization during the AI transformation process, and the recognition of goodwill impairment losses during the reporting period [1] Strategic Initiatives - In 2025, the company advanced its "One Body, Two Wings" strategic layout, focusing on AI as the core, with Physical AI and Digital AI as the wings [1] - The company concentrated on two main growth engines: AI Harmony and AI Intelligent Business Operating System [1] - Sales of full-stack, all-scenario AI products and services reached 2 billion yuan, marking a year-on-year increase of 109.2%, indicating a successful transition to a new role as an enterprise Agentic AI architect and integrator [1]

EF001 免責聲明 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 於本公佈刊發日期，董事會包括三名執行董事，即陳宇紅博士（主席兼首席執行官）、何寧博士（副主席）及唐振明博士，兩名非 執行董事，即張亞勤博士及高良玉先生，以及三名獨立非執行董事，即賴觀榮博士、巫麗蘭教授及楊德斌先生太平紳士。 | 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告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 中軟國際有限公司 | | 股份代號 | 00354 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2024年12月31日止年度末期股息 | | 公告日期 | 2026年3月26日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股 ...

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之內容概不負責， 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之任何損失承擔任何責任。 CHINASOFT INTERNATIONAL LIMITED 中軟國際有限公司 * （於開曼群島註冊成立之有限公司） （股份代號：354） 截至二零二五年十二月三十一日止年度 年度業績公告 中軟國際有限公司（「中軟國際」或「本公司」）董事（「董事」）會（「董事會」）謹此公 佈本公司及其附屬公司（「本集團」）截至二零二五年十二月三十一日(「報告期」)止 年度之經審核綜合業績，連同截至二零二四年十二月三十一日止年度之經審核綜 合業績如下： 概要 截至二零二五年十二月三十一日止年度 | 損益表概要 | 二零二五年 人民幣千元 | 二零二四年 人民幣千元 | 增長率 | | --- | --- | --- | --- | | 收入 | 17,027,414 | 16,950,733 | 0.5% | | 服務性收入 | 16,685,583 | 16,314,168 | 2.3% | | 年度溢利 | 323 ...

Group 1 - The core viewpoint of the article highlights the significant increase in southbound capital holdings in China Software International (00354.HK), with a net increase of 717.2 million shares over the last five trading days and 4.7882 billion shares over the last 20 trading days [1] - As of now, southbound capital holds 9.51 billion shares of China Software International, accounting for 34.78% of the company's total issued ordinary shares [1] Group 2 - China Software International Limited is an investment holding company that provides global technology software and information technology services, operating through two main segments: technology professional services and internet information technology services [1] - The company's primary business focuses on the development of generative artificial intelligence (AIGC), large model software and hardware sales, and digital transformation consulting services for enterprise resource planning (ERP) models [1] - Key products include the "Question Series" solutions, large model application integrated machines, and the Lingxi AI application platform, serving sectors such as water conservancy, transportation, government platforms, military, energy, education, and finance [1]

Core Viewpoint - Southbound funds have significantly increased their holdings in China Software International (00354.HK), indicating strong investor interest in the company [1] Group 1: Southbound Fund Activity - On March 23, southbound funds increased their holdings by 5.512 million shares of China Software International [1] - Over the past 5 trading days, there have been 4 days of net increases, totaling 8.722 million shares [1] - In the last 20 trading days, there were 14 days of net increases, amounting to 48.742 million shares [1] - Currently, southbound funds hold 949 million shares of China Software International, representing 34.73% of the company's total issued ordinary shares [1] Group 2: Company Overview - China Software International is an investment holding company that provides global technology software and IT services [1] - The company operates through two main segments: Technology Professional Services and Internet Information Technology Services [1] - Its primary business focuses on the development of generative artificial intelligence (AIGC), large model software and hardware sales, and digital transformation consulting services for enterprise resource planning (ERP) [1] - Key products include the "Question Series" solutions, large model application integrated machines, and Lingxi AI application platforms [1] - The company serves various sectors, including water conservancy, transportation, government platforms, military, energy, education, and finance, operating in both domestic and international markets [1]