证券代码：600718 证券简称：东软集团 公告编号：临 2025-042 于 2025 年 4 月 25 日召开的公司十届二十次董事会、于 2025 年 5 月 23 日召 开的公司 2024 年年度股东大会审议通过了《关于 2024 年度利润分配的议案》， 同意公司以总股本扣除回购专用账户的股数为基数，向全体股东每 10 股派发 1.50 元现金红利（含税）。截至公司利润分配方案公告日，公司总股本 1,203,703,468 股，扣除回购专用账户的 18,225,976 股后，以 1,185,477,492 股为基数，共计拟派发现金红利 177,821,624 元（含税）。 若在实施权益分派的股权登记日前，公司实施权益分派的基数发生变动，公 司将按照每股分配金额不变，相应调整分配总额。具体内容，详见本公司分别于 2025 年 4 月 29 日、2025 年 5 月 24 日刊登在《中国证券报》《上海证券报》上的 相关公告。 二、调整后的利润分配情况 东软集团股份有限公司 关于调整 2024 年度利润分配总额的公告 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 ...

Core Viewpoint - The retirement of Liu Jiren marks a significant transition for Neusoft, a company with a vast business layout but lacking strong market competitiveness and product strength. Despite historical achievements, Neusoft has struggled with low net profits and stock prices, raising questions about its future direction post-founder retirement [1][2]. Group 1: Company History and Development - Neusoft was founded in 1991 as a collaboration with a Japanese company, which significantly influenced its early growth and international outsourcing success [4][6]. - The company initially thrived on outsourcing, with Japanese clients accounting for 80% of its outsourcing revenue at one point, establishing Neusoft as a notable player in the software industry [4][6]. - Despite early successes, Neusoft faced challenges as the global outsourcing market evolved, particularly after the 2008 financial crisis, which reduced demand for outsourcing services [13][14]. Group 2: Business Transformation and Current Challenges - Neusoft has been transitioning from low-end outsourcing to solutions and services, recognizing the limitations of its previous business model [22][25]. - The company has diversified into sectors such as healthcare, smart vehicles, and smart cities, aiming to leverage emerging technologies like AI [25][26]. - Despite a broad business layout, Neusoft struggles with low profit margins and high competition, with its largest revenue segment, smart vehicle connectivity, yielding only a 13.9% gross margin [26][27]. Group 3: Market Position and Future Outlook - Neusoft's historical reliance on outsourcing has led to perceptions of being a low-end service provider, lacking core technology and brand strength [17][16]. - The company has faced difficulties in maintaining competitive advantages, with its R&D investment significantly lower than industry peers, impacting its innovation capabilities [27][28]. - Neusoft's stock performance has been lackluster, reflecting broader challenges in the Chinese software industry, where many companies struggle with low profitability and high operational costs [28][29].

证券代码：600718 证券简称：东软集团 公告编号：临 2025-041 东软集团股份有限公司 关于发行股份购买资产并募集配套资金 事项的进展公告 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相应的法律责任。 一、本次交易概况 东软集团股份有限公司（以下简称"公司"或"东软集团"）正在筹划通过 发行股份的方式购买上海思芮信息科技有限公司 43.00%股权并募集配套资金 （以下简称"本次交易"）。本次交易不构成《上市公司重大资产重组管理办法》 规定的重大资产重组，构成关联交易，不构成重组上市。 二、本次交易进展情况 于 2024 年 12 月 30 日召开的公司十届十七次董事会审议通过了《关于公司 发行股份购买资产并募集配套资金暨关联交易方案的议案》等与本次交易相关的 议案。具体内容，详见本公司于 2024 年 12 月 31 日刊登在《中国证券报》《上海 证券报》上的相关公告。 2025 年 1 月 25 日、2025 年 2 月 22 日、2025 年 3 月 22 日，公司分别披露 了《关于发行股份购买资产并募集配套资金事项的进 ...

Core Viewpoint - Neusoft Corporation has transformed from a traditional software service provider to a digital solution provider over its 29 years since listing, but its profitability has shown significant volatility in recent years [1][3]. Business Overview - Neusoft's main business includes information solutions, focusing on infrastructure construction for government and enterprises, software solutions around core business needs, and digital hospital solutions for medical institutions [3]. - The company's core products are categorized into proprietary software, products and services, and system integration, with proprietary software and services accounting for 83.94% of revenue, while system integration contributes 14.37% [3]. Financial Performance - Since its listing in 1996, Neusoft's cumulative net profit has increased by 92.97%, from 0.33 million yuan in its first year to 0.63 million yuan in the latest complete fiscal year of 2024 [3]. - Over the 29 years, the company has recorded a loss in only one year, with net profit growth occurring in 15 years, representing 55.56% of the time [3]. - Revenue has shown a consistent growth trend, increasing from 7.62 billion yuan in 2020 to 11.56 billion yuan in 2024, with a compound annual growth rate of approximately 11% [3]. - However, net profit has fluctuated significantly, dropping from 131 million yuan in 2020 to 63 million yuan in 2024, with a loss recorded in 2022 [3]. Market Capitalization - Neusoft's market capitalization has grown 13.78 times since its listing, indicating long-term investment value [5]. - The peak market capitalization reached 45.004 billion yuan on June 11, 2015, with the stock price rising to 36.66 yuan, but as of June 17, the market cap has decreased to 11.459 billion yuan, representing a loss of 33.544 billion yuan or 74.54% from its peak [5].

Industry Rating - The industry rating is maintained at "Outperform" [1] Core Insights - The report suggests that the years 2025-2026 are expected to mark the commercialization of AI Agents, driven by advancements in large model capabilities and the introduction of key players like OpenAI, Anthropic, Microsoft, and Google [2][3] - The total addressable market (TAM) for AI Agents is estimated at approximately 3.61 trillion yuan, with significant opportunities in vertical industries such as IT and finance [2][3] - AI Agents are projected to replace specific standardized roles in various sectors, with a focus on enhancing productivity and ROI for businesses [3][48] Summary by Sections Investment Rating - The report maintains a rating of "Outperform" for the industry [1] Market Potential - The total addressable market (TAM) for AI Agents is estimated at 3.61 trillion yuan, calculated based on total salary levels, replacement rates, and efficiency optimization [50][54] - The report highlights six core scenarios where AI Agents are expected to penetrate first, including coding, banking, human resources, legal, cybersecurity, and customer service [61][62] Key Industry Insights - AI Agents are anticipated to significantly impact the banking sector, with 54% of jobs having a high potential for automation, leading to an estimated TAM of 1774.32 billion yuan in this field [71][77] - In the coding sector, AI is expected to automate up to 99% of coding tasks by the end of 2025, with a TAM of approximately 4357.84 billion yuan [63][68] - The report emphasizes that AI Agents will first replace roles in high-salary, white-collar industries such as finance, IT, and law, where the ROI for AI implementation is more favorable [55][57] Company Recommendations - The report suggests monitoring companies involved in general office applications and enterprise SaaS, as well as those in vertical markets like banking, human resources, and cybersecurity [3][4]

本公司于 2025 年 6 月 5 日收到 900 万元与收益相关的政府补助，占公司 2024 年度经审计归属于母公司股东的净利润的 14.27%。 证券代码：600718 证券简称：东软集团 公告编号：临 2025-040 东软集团股份有限公司 关于获得政府补助的公告 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法律责任。 一、获得补助的基本情况 二、补助类型及其对上市公司的影响 根据《企业会计准则第 16 号—政府补助》等相关规定，本次政府补助属于 与收益相关的政府补助，将对公司 2025 年度的利润产生积极影响，具体的会计 处理以会计师事务所审计确认后的结果为准，敬请广大投资者注意投资风险。 特此公告。 东软集团股份有限公司董事会 二〇二五年六月六日 ...

Group 1 - The company received a government subsidy of 9 million yuan related to revenue on June 5, 2025, which accounts for 14.27% of the audited net profit attributable to the parent company's shareholders for the fiscal year 2024 [1] - This government subsidy is expected to have a positive impact on the company's profit for the fiscal year 2025, with specific accounting treatment to be confirmed by the auditing firm [1]

证券代码：600718 证券简称：东软集团 公告编号：临 2025-039 二、本次限制行权期为：2025 年 6 月 9 日至 2025 年 7 月 3 日，在此期间， 全部激励对象将限制行权。 三、公司将按照有关规定，及时向中国证券登记结算有限责任公司上海分公 司申请办理限制行权相关事宜。 特此公告。 东软集团股份有限公司董事会 二〇二五年六月三日 东软集团股份有限公司 关于股票期权激励计划限制行权期间的提示性公告 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相应的法律责任。 根据公司 2024 年股票期权激励计划，以及中国证券登记结算有限责任公司 上海分公司关于股票期权自主行权的相关规定，并结合公司 2024 年年度权益分 派等整体安排，现对公司 2024 年股票期权激励计划的自主行权时间进行限制， 具体情况如下： 一、公司股票期权已进入行权期的情况 公司 2024 年股票期权激励计划的第一个行权期（期权代码：1000000589） 为 2025 年 5 月 26 日-2026 年 3 月 6 日，目前处于行权阶段。 ...

证券代码：600718 证券简称：东软集团 公告编号：临 2025-038 东软集团股份有限公司 关于现金收购上海思芮信息科技有限公司 57%股权 进展情况的公告 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法律责任。 一、交易背景 于 2025 年 4 月 30 日召开的公司 2025 年第一次临时股东大会审议通过了《关 于现金收购上海思芮信息科技有限公司 57%股权的议案》等相关议案。股东大会 同意本公司以支付现金方式购买上海瑞应人才科技集团有限公司、天津芮屹企业 管理咨询中心（有限合伙）持有的上海思芮信息科技有限公司（以下简称"思芮 科技"）合计 57%股权，交易对价共计 3.97 亿元。具体内容，详见本公司于 2025 年 5 月 1 日刊登在《中国证券报》《上海证券报》上的相关公告。 二、交易进展情况 近日，思芮科技本次交易相关的工商变更登记手续办理完成，变更后的股权 情况如下： | 股东名称 | 出资额（万元人民币） | 比例（%） | | --- | --- | --- | | 东软集团股份有限公司 | 3,135 | ...

Group 1 - The board meeting of Neusoft Corporation was held on May 26, 2025, via written communication, with all 9 directors present, complying with legal and regulatory requirements [2][6] - The board elected Wang Jingsi as the vice chairman of the board, with the term starting from the approval date until the end of the current board's term [3][4] - The board also elected members for its specialized committees due to changes in board membership, including the Strategic Decision Committee, Nomination Committee, Audit Committee, and Compensation and Assessment Committee, with specific members and roles outlined [5][6]