Investment Rating - The investment rating for the company is currently not explicitly stated in the provided documents, but it suggests maintaining attention due to the company's position as a leading global enterprise cloud service and software provider [5]. Core Insights - The company reported a revenue of 9.796 billion yuan in 2023, a year-on-year increase of 5.8%, while the net profit attributable to shareholders was -0.967 billion yuan, a significant decline of 541.3% [2]. - The company is undergoing a model upgrade, which has temporarily impacted performance, but the negative effects are expected to diminish over time [3][4]. - The company has seen a substantial increase in contract liabilities, with a total of 2.81 billion yuan at the end of 2023, reflecting a year-on-year growth of 13.9% [3]. Financial Performance Summary - Revenue for 2023 was 9.796 billion yuan, with a growth rate of 5.77% compared to 2022 [6]. - The gross profit margin decreased to 50.73%, down 5.64 percentage points year-on-year [2]. - The company expects revenues for 2024, 2025, and 2026 to be 10.868 billion yuan, 12.333 billion yuan, and 14.263 billion yuan, respectively, with growth rates of 10.94%, 13.48%, and 15.65% [5][6]. Business Segment Performance - Revenue from large enterprise clients reached 6.519 billion yuan, a year-on-year increase of 4.3%, with cloud service revenue at 4.731 billion yuan, up 7.7% [3]. - The medium-sized enterprise market generated 1.386 billion yuan, growing by 21.4%, while small and micro enterprises contributed 0.806 billion yuan, an increase of 17.7% [3]. - The government and other public organizations saw a revenue decline of 12.5%, totaling 0.982 billion yuan [3]. Product Development and Innovation - The company launched the BIP 3 flagship version, achieving significant sales and establishing itself as a choice for digital transformation in various industries [4]. - The introduction of the YonGPT enterprise service model has integrated deeply with existing products, marking a significant innovation in the company's offerings [4].

Financial Performance - The company reported a loss for the year 2023, leading to a decision not to distribute cash dividends or issue bonus shares[2]. - The company's operating revenue for 2023 was CNY 9,796,071,603, representing a 5.8% increase compared to CNY 9,261,744,112 in 2022[19]. - The net profit attributable to shareholders for 2023 was a loss of CNY 967,166,088, a decrease of 541.3% from a profit of CNY 219,171,878 in 2022[19]. - The net cash flow from operating activities for 2023 was a negative CNY 90,501,494, down 131.6% from CNY 285,961,113 in 2022[19]. - The total assets at the end of 2023 were CNY 25,521,040,771, an increase of 8.3% from CNY 23,555,097,956 at the end of 2022[19]. - The basic earnings per share for 2023 was -CNY 0.29, a decrease of 583.3% from CNY 0.06 in 2022[20]. - The weighted average return on equity for 2023 was -9.19%, a decrease of 11.2 percentage points from 2.00% in 2022[20]. - The company reported a total of CNY 133,671,722 in government subsidies for 2023, compared to CNY 49,387,023 in 2022[23]. - The net profit attributable to shareholders for the fourth quarter of 2023 was CNY 63,226,277, a recovery from losses in the previous three quarters[22]. Corporate Governance - The company has not faced any non-operational fund occupation by controlling shareholders or related parties[4]. - The company has ensured that all directors can guarantee the authenticity, accuracy, and completeness of the annual report[4]. - The company has implemented measures to maintain the independence of its operations from its controlling shareholders, ensuring compliance with relevant regulations[116]. - The company emphasizes transparency in information disclosure, utilizing multiple platforms to enhance investor relations and ensure timely access to information for all shareholders[115]. - The company has made efforts to strengthen corporate governance and improve operational transparency through systematic and standardized practices[115]. - The company held 6 supervisory board meetings during the reporting period, ensuring comprehensive oversight of the management's operations[114]. - The company’s board of directors has nominated candidates for key management positions, ensuring compliance with relevant qualifications[142]. - The company’s board has established several specialized committees, including an audit committee and a strategic and sustainable development committee, to enhance governance[139]. Strategic Initiatives - The company is focused on expanding its cloud ERP products, including U8 cloud, U9 cloud, and T+Cloud, targeting different market segments[8]. - The company is committed to developing new technologies and products, including AI and data services[8]. - The company has initiated its Globalization 2.0 strategy, expanding into Europe, North America, the Middle East, and Japan while continuing to develop its business in Hong Kong, Macau, Taiwan, and Southeast Asia[42]. - The company aims to build and operate a leading global enterprise cloud service platform, targeting millions of customers and partners[55]. - The company is accelerating its globalization strategy, enhancing collaboration between domestic and international branches to better serve overseas clients[107]. Research and Development - The company has invested in research and development, establishing multiple R&D centers and innovation hubs across various cities, ensuring a robust product and technology development system[66]. - The total R&D investment for the period reached CNY 3,214,926,463, accounting for 32.8% of operating revenue[82]. - The number of R&D personnel is 8,951, representing 35.9% of the total workforce[83]. - Research and development expenses rose by 20.1% to RMB 2,106,470,489, reflecting the company's commitment to product development[75]. Market Performance - The company achieved operating revenue of 979.607 million RMB, a year-on-year increase of 5.8%, with cloud service revenue reaching 709.117 million RMB, up 11.6%[28]. - The company’s cloud service annual recurring revenue (ARR) was 2.35 billion RMB, growing 15.0% year-on-year, with a total of 715,000 paying cloud service customers[29]. - The company signed contracts worth 17.6% more than the previous year, with contracts over 10 million RMB increasing by 71.1%[28]. - Revenue from medium-sized enterprises grew by 21.4% to 138.608 million RMB, with cloud service revenue increasing by 36.9%[36]. Employee Management - The total number of employees at the end of the reporting period was 24,949, with 8,951 in technical roles and 4,292 in sales[148]. - The company has invested tens of millions in employee training and development, focusing on aligning employee capabilities with strategic business goals[150]. - The company has implemented an employee stock ownership plan to enhance employee engagement and align interests with shareholders[144]. - The company’s compensation policy includes monthly salaries, quarterly performance bonuses, and annual performance bonuses linked to individual and company performance[149]. Environmental and Social Responsibility - The company invested 9.41 million yuan in environmental protection funds during the reporting period[163]. - The company reduced carbon emissions by 2,713.72 tons through measures such as using green electricity and renewable water[165]. - The company utilized 2,500 megawatt-hours of green electricity in 2023, accounting for approximately 6% of total electricity consumption[164]. - The company made a total charitable donation of 6.757 million yuan, benefiting 13,000 individuals through 124 projects[167]. Financial Management - The company has completed the fund filing for the Southeast Digital Transformation Equity Investment, indicating progress in its investment strategy[93]. - The company is seeking a comprehensive credit facility from banks, reflecting a strategy to enhance liquidity and financial flexibility[136]. - The company has initiated a share repurchase plan through centralized bidding, aiming to enhance shareholder value[136]. - The company has proposed to adjust the use of repurchased shares from 2021 and 2022, indicating a strategic shift in capital management[136]. Risk Management - The company is facing risks from industry downturns and increased competition, but it plans to optimize its operational strategies to mitigate these challenges[109]. - The company emphasizes the importance of network security and has strengthened its efforts in this area, aligning with national regulations[111]. Shareholder Information - The total number of shares after the recent changes is 3,418,521,359, with a decrease of 15,113,059 shares[187]. - The largest shareholder, Beijing Yonyou Technology Co., Ltd., holds 921,161,630 shares, representing 26.95% of the total shares[195]. - The company’s employee stock ownership plan has 61,502,161 shares, which is 1.80% of the total shares[197]. - The actual controller of the company is Wang Wenjing, who has served as the chairman for the past 5 years[200].

About the Report Yonyou Network Technology Co., Ltd. ("Yonyou", "the Group", "the Company" and "we") has been disclosing its non-financial information annually since 2011, with a total of 13 social responsibility/ sustainability reports issued by 2023. Reporting Scope Organizations covered by the Report: The report is primarily about Yonyou Network Technology Co., Ltd., and covers its headquarters, industrial parks, subsidiaries in China and abroad, its controlling shareholders and actual controllers. Repor ...

用友网络科技股份有限公司 独立董事 2023 年度述职报告 作为用友网络科技股份有限公司（以下简称"公司"）的独立董事，在 2023 年度的工作中，本人严格遵守《中华人民共和国公司法》（以下简称"《公司法》"）、 《公司章程》和《公司独立董事工作制度》等相关法律法规和规章制度的规定和 要求，勤勉尽责地履行独立董事的职责和义务，审慎认真地行使公司和股东所赋 予的权利，出席了公司相关会议，认真审议董事会各项议案，对相关重大事项发 表了公正、客观的独立意见，维护全体股东尤其是中小股东的合法权益，较好地 发挥了独立董事作用，对董事会的科学决策、规范运作以及公司发展起到了积极 作用，以下为本人在 2023 年度履行独立董事职责的具体情况： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 周剑，1975 年出生，控制科学与工程专业工学博士、计算机集成制造专业 联合培养博士。1998 年 7 月至 2010 年 7 月间先后在长沙炮兵学院、国防科技大 学和清华大学工业工程系任职。2010 年 7 月至 2018 年 9 月任国家工信安全中心 信息化研究与促进中心副主任、主任，2018 年 9 月至 201 ...

报告编制说明 用友网络科技股份有限公司（简称"用友""集团""公司"或"我们"）自 2011 年起每年 定期披露非财务信息，至 2023 年已发布 13 份社会责任 / 可持续发展报告。 报告范围 报告组织范围：本报告以用友网络科技股份有限公司为主体，涵盖公司总部、产业园、 境内外分子公司、用友控股股东及实际控制人等。 报告时间范围：2023 年 1 月 1 日至 2023 年 12 月 31 日。为确保报告连贯性，部分内容 超出该时间范围。 报告发布周期：本报告为年度报告，上一份报告发布时间为 2023 年 3 月。 编制原则 报 告 参 照 了 可 持 续 发 展 标 准 委 员 会（GSSB） 发 布 的《 可 持 续 发 展 报 告 标 准（GRI Standards（2021 版）》及联合国可持续发展目标（SDGs），各项指标在本报告中的 披露情况可参见"内容索引"章节的"GRI 内容索引"及"可持续发展目标（SDGs） 索引"部分。作为上海证券交易所（以下简称"上交所"）主板上市企业（股份代号： 600588），本报告同时参考了上交所有关社会责任的相关披露建议。 数据与信息说明 本报告所披露的信息 ...

用友网络科技股份有限公司 独立董事 2023 年度述职报告 作为用友网络科技股份有限公司（以下简称"公司"）的独立董事，在 2023 年度的工作中，本人严格遵守《中华人民共和国公司法》（以下简称"《公司法》"）、 《公司章程》和《公司独立董事工作制度》等相关法律法规和规章制度的规定和 要求，勤勉尽责地履行独立董事的职责和义务，审慎认真地行使公司和股东所赋 予的权利，出席了公司相关会议，认真审议董事会各项议案，对相关重大事项发 表了公正、客观的独立意见，维护全体股东尤其是中小股东的合法权益，较好地 发挥了独立董事作用，对董事会的科学决策、规范运作以及公司发展起到了积极 作用，以下为本人在 2023 年度履行独立董事职责的具体情况： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 张为国，1957 年出生，经济学（会计学专业）博士学位。1985 年 7 月至 1997 年 1 月，上海财经大学会计学系讲师、副教授、教授、博士生导师、会计学系副 系主任、主任。1997 年 1 月至 2007 年 6 月，中国证监会首席会计师、会计部主 任、国际部主任，同时仍兼任上海财经大学会计学系博士生导师。从 ...

用友网络科技股份有限公司 董事、监事和高级管理人员所持公司股份及其变动管理制度 第一章 总则 第五条 公司董事、监事和高级管理人员在买卖公司股票及其衍生品种前， 应知悉《公司法》和《证券法》等法律、法规、规范性文件关于内幕交易、操纵 市场等禁止行为的规定，不得进行违法违规的交易。 第二章 信息申报与披露 第六条 公司董事会秘书负责管理公司董事、监事和高级管理人员的身份及 所持公司股份的数据和信息，统一为董事、监事和高级管理人员办理个人信息的 网上申报，并定期检查董事、监事和高级管理人员买卖公司股票的披露情况。 第七条 公司董事、监事和高级管理人员在买卖公司股票及衍生品前，应当 将买卖计划以书面方式通知董事会秘书，董事会秘书应当核查公司信息披露及重 大事项等进展情况，如该买卖行为可能违反法律法规、上海证券交易所相关规定、 《公司章程》和其所作承诺的，董事会秘书应当及时通知相关董事、监事和高级 管理人员。 第一条 为加强对用友网络科技股份有限公司(以下简称"公司")董事、监 事和高级管理人员所持公司股份及其变动的管理，根据《中华人民共和国公司法》、 《中华人民共和国证券法》、《上市公司董事、监事和高级管理人员所持 ...

股票简称：用友网络 股票代码：600588 编号：临 2024-019 用友网络科技股份有限公司 第九届董事会第八次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 用友网络科技股份有限公司（以下简称"公司"或"用友网络"）于 2024 年 3 月 28 日在北京市海淀区北清路 68 号用友产业园中区 8 号楼 E102 室召开了公司第九届董事 会第八会议。公司现有董事 6 名，实到董事 6 名，公司全体监事、财务总监、董事会 秘书列席了会议。本次会议的召开符合《中华人民共和国公司法》和《用友网络科技 股份有限公司章程》的规定。会议审议通过了以下议案： 一、《公司 2023 年度经理工作报告》 该议案同意票数为 6 票，反对票数为 0 票，弃权票数为 0 票。 二、《公司 2023 年度董事会工作报告》 该议案同意票数为 6 票，反对票数为 0 票，弃权票数为 0 票。 该议案将提交公司 2023 年年度股东大会审议。 三、《公司 2023 年度财务决算方案》 该议案同意票数为 6 票，反对票数为 0 票，弃 ...

第一条 为进一步规范和加强用友网络科技股份有限公司(以下简称"公 司")重大信息内部报告管理工作，为保证公司重大信息依法及时归集，确保公 司信息披露的真实、准确和完整，根据《上海证券交易所股票上市规则》、《公 司章程》及《公司信息披露管理制度》的相关规定，特制定本重大信息内部报告 制度(以下简称"本制度")。 第二条 公司重大信息内部报告制度是指当出现、发生或即将发生本制度 第二章所规定的可能对公司股票及其衍生品种的交易价格产生较大影响的情形 或事件时，按照本制度规定负有报告义务的公司内部信息报告第一责任人，及 时将相关信息向公司董事会秘书报告的制度。 第三条 公司董事、监事、其他高级管理人员、公司下属分公司或分支机 构的负责人、公司控股子公司董事长及总经理、公司派驻参股子公司的董事、 监事和高级管理人员负有向公司董事会秘书报告其职权范围内所知悉的重大信 息的义务，以上人员为公司内部信息报告第一责任人。 公司董事会秘书应及时将有关情况向公司董事长或者副董事长、总裁汇报 有关情况。 公司内部信息报告第一责任人可以指定熟悉相关业务和法规的人员为信息 报告联络人(各部门可以是部门负责人),负责该公司重大信息的收集、 ...

中信证券股份有限公司 关于用友网络科技股份有限公司 1 单位：万元 | 序号 | 项目名称 | 项目投资总额 | 募集资金拟投入额 | | --- | --- | --- | --- | | 1 | 用友商业创新平台YonBIP建设项目 | 459,713.00 | 459,713.00 | | 2 | 用友产业园（南昌）三期研发中心建设项目 | 62,787.00 | 58,696.25 | | 3 | 补充流动资金及归还银行借款 | 7,343.51 | 7,343.51 | | | 合计 | 529,843.51 | 525,752.76 | 由于募集资金投资项目（以下简称"募投项目"）建设需要一定周期，根据 募投项目建设进度和资金投入计划，现阶段募集资金出现部分闲置的情况。截至 2023年12月31日，公司已使用募集资金402,429.47万元，尚有139,412.71万元募集 资金（含已收到的利息收益）待后续使用。 使用部分闲置募集资金进行现金管理的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为用友 网络科技股份有限公司（以下简称"用友网络"或"公司"）非公开发行 A 股股 ...