北京市海问律师事务所 关于东软集团股份有限公司 2024 年股票期权激励计划调整股票期权行权价格的 在核查过程中，东软集团保证已经提供了本所律师为出具本法律意见书要 求其提供的资料和信息，该等资料和信息真实、准确、完整，资料上的签字和/或 印章均是真实的，有关副本或复印件均与正本或者原件一致。 海问律师事务所 HAIWEN & PARTNERS 北京市海问律师事务所 地址：北京市朝阳区东三环中路 5 号财富金融中心 20 层（邮编 100020） Address：20/F, Fortune Financial Center, 5 Dong San Huan Central Road, Chaoyang District, Beijing 100020, China 电话(Tel)：(+86 10) 8560 6888 传真(Fax)：(+86 10) 8560 6999 www.haiwen-law.com 法律意见书 致：东软集团股份有限公司 北京市海问律师事务所（以下简称"本所"）是具有中华人民共和国（以下 简称"中国"）法律执业资格的律师事务所。本所接受东软集团股份有限公司（以 下简称"公司"或"东软集 ...

宁青联律师事务所 LÌAO NING QING LIAN LAW FIRM 关于东软集团股份有限公司 2024 年度差异化分红的 法律意见书 娱 地址:沈阳市沈河区青年大街51号商会总部大厦B座14层 电话：024-28282868 网址：www.lnqinglian.com 辽宁青联律师事务所 关于东软集团股份有限公司 2024 年度差异化分红的法律意见书 致：东软集团股份有限公司 辽宁青联律师事务所（以下简称"本所"）受东软集团股份有限公司（以下 简称"公司"）委托，根据《中华人民共和国公司法》（以下简称"《公司法》"） 《中华人民共和国证券法》（以下简称"《证券法》"）《上市公司股份回购规 则》（以下简称"《回购规则》"）《上海证券交易所上市公司自律监管指引第 7号——回购股份》（以下简称"《回购指引》"）《上海证券交易所交易规则》 （以下简称"《交易规则》"）等相关法律、法规及规范性文件的规定，就公司 2024年度利润分配（以下简称"本次利润分配"）涉及的差异化权益分派（以下 简称"本次差异化分红"）相关事项进行了核查并出具本法律意见 为出具本法律意见，本所律师特作如下声明： 大遗漏。 4．本法律意见 ...

Core Insights - Neusoft Group showcased its innovations in smart elderly care and related services at the first Northeast Asia International Silver Economy Expo, emphasizing its commitment to the aging population [1] - The company has developed a comprehensive urban-level smart elderly care service platform, integrating various data sources and utilizing advanced technologies like blockchain for service traceability [1][2] - Neusoft Group is actively involved in the silver economy, which is transitioning from a marginal demand to a national strategy, leveraging its experience in healthcare and smart city sectors [2][3] Summary by Categories Smart Elderly Care Services - Neusoft Group launched a smart elderly care service platform consisting of "three platforms, one portal, and five business systems," creating a "digital brain" for urban elderly care [1] - The platform includes a data resource management system that connects healthcare, social security, and elderly services, forming a "data map" for urban elderly care [1] - The operational management service platform optimizes resource allocation through intelligent algorithms, enhancing collaboration among community care centers and nursing institutions [1] Collaborations and Partnerships - The company has established partnerships with cities like Shenyang, Dalian, Fujian, Nanning, and Foshan to implement urban smart elderly care service platforms [1] - Neusoft Group is involved in the construction of 25 provincial medical insurance platforms and provides long-term care insurance services in 29 pilot cities [2] Educational Initiatives - The company has launched "Phoenix Academy" to offer innovative educational courses for the elderly, aiming to stimulate their vitality and develop a skilled workforce in the silver economy [2] Future Outlook - Neusoft Group plans to accelerate the integration of AI and big data with elderly care scenarios, exploring deep technology and industry convergence to foster a collaborative silver economy ecosystem [3]

证券代码：600718 证券简称：东软集团 公告编号：临 2025-042 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，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ?拟派发现金红利总额：由 177,821,624 元（含税）调整为 178,341,129.30 元（含税）。 一、调整前的利润分配情况 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 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 相关公告。 二、调整后的利润分配情况 因公司 2024 年股票期权激励计划第一个行权期自主行权实施，截至本公告 披露日，公司总股 ...

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].

Group 1 - The "Shengqing Kangyang" platform was launched in Shenyang, focusing on innovative elderly care services through government and enterprise collaboration [1][3] - The platform integrates over 700 elderly service providers, covering various core elderly care scenarios such as home services, medical care, and educational programs [3] - The initiative aims to create a comprehensive smart elderly care service system that meets the needs of the elderly while enhancing the quality of elderly care services in Shenyang [3] Group 2 - Neusoft Group, along with other partners, established Shenyang Shengqing Kangyang Industry Co., Ltd. to manage the platform's operations and future development [5] - Agreements were signed with various partners in the silver economy sector to enhance collaboration and improve the elderly care industry in Shenyang [5] - The platform promotes a new elderly care ecosystem that combines education, healthcare, and wellness services, leveraging technology and data [3]

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]