税友软件集团股份有限公司 关于使用自有资金委托理财提前赎回的进展公告 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、准确性和完整性依法承担法律责任。 证券代码：603171 证券简称：税友股份 公告编号：2024-048 重要内容提示： 委托理财产品名称：东吴证券东瑞 1 号单一资产管理计划（以下简称"资 管计划"或"本资管计划"） 特别风险提示：经税友软件集团股份有限公司（以下简称"税友股份" 或"公司"）综合评估，为有效控制并减少潜在损失，公司提前赎回上述委托理 财产品，确定投资损失 1,053.43 万元。本资管计划所使用的资金为闲置自有资金， 上述事项不会对公司日常运营资金需求和业务的正常开展造成影响，敬请广大投 资者注意投资风险。 一、委托理财基本情况 为提高公司的资金使用效率、合理利用闲置自有资金，公司于 2021 年 4 月 26 日召开第五届董事会第三次会议并于 2021 年 5 月 18 日召开 2020 年年度股东 大会，同意在不超过人民币 18 亿元额度范围内使用闲置自有资金进行委托理财。 截至目前，公司委托理财最高余额均未超出当年 ...

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。 证券代码：603171 证券简称：税友股份 公告编号：2024-047 税友软件集团股份有限公司 关于获得政府补助的公告 重要内容提示： 获得补助金额：人民币 1,000 万元 对当期损益的影响：根据《企业会计准则第 16 号——政府补助》等有关 规定，上述政府补助属于与收益相关的政府补助，预计将对公司利润产生一定的 影响，最终以审计机构年度审计确认后的结果为准，敬请投资者注意投资风险。 二、补助的类型及其对公司的影响 根据《企业会计准则第 16 号——政府补助》等有关规定，上述政府补助属 于与收益相关的政府补助。上述政府补助预计将对公司利润产生一定的影响，具 体的会计处理以及对公司损益的影响情况，最终以审计机构年度审计确认后的结 果为准，敬请投资者注意投资风险。 特此公告。 税友软件集团股份有限公司董事会 2024 年 12 月 5 日 一、获得补助的基本情况 根据税友软件集团股份有限公司（以下简称"公司"）于 2024 年 12 月 3 日收 到的杭州市经济和信息化局（杭州市 ...

证券代码：603171 证券简称：税友股份 公告编号：2024-046 税友软件集团股份有限公司 关于使用闲置募集资金进行现金管理提前赎回的公告 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。 税友软件集团股份有限公司（以下简称"公司"）于 2023 年 4 月 15 日分别 召开第五届董事会第十三次会议和第五届监事会第十二次会议，审议通过了《关 于使用部分闲置募集资金进行现金管理的议案》，同意公司使用最高不超过人民 币 2.7 亿元（含本数）的暂时闲置募集资金购买安全性高、流动性好、满足保本 要求的理财产品，自公司董事会审议通过之日起 12 个月内有效，在上述额度范 围内，资金可以滚动使用。公司于 2024 年 4 月 12 日分别召开第六届董事会第三 次会议和第六届监事会第三次会议，审议通过了《关于使用部分闲置募集资金进 行现金管理的议案》，同意公司使用最高不超过人民币 1.7 亿元（含本数）的暂 时闲置募集资金购买安全性高、流动性好、满足保本要求的理财产品，自公司董 事会审议通过之日起 12 个月内有效，在上述额度范围内 ...

公司目前经营状况正常，经公司自查并向控股股东及实际控制人核实，截 至本公告披露日，不存在应披露而未披露的重大信息，也不存在处于筹划阶段的 重大事项。 证券代码：603171 证券简称：税友股份 公告编号：2024-045 税友软件集团股份有限公司 股票交易异常波动公告 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： 税友软件集团股份有限公司（以下简称"公司"或"本公司"）股票交易 于 2024 年 11 月 8 日、11 月 11 日和 11 月 12 日连续 3 个交易日内日收盘价格涨 幅偏离值累计达 20%，根据《上海证券交易所交易规则》的有关规定，属于股票 交易异常波动的情形。 公司属于信息传输、软件和信息技术服务业门类中的互联网和相关服务大 类。根据中证指数有限公司网站数据显示，截至 2024 年 11 月 11 日，公司最新 滚动市盈率为 136.17 倍，最新市盈率为 156.54 倍，高于行业市盈率水平，敬请 广大投资者注意投资风险，理性投资。 一、股票交易异常波动的具体情况 公司股票交易于202 ...

Investment Rating - The investment rating for the company is "Add" (维持评级) [2] Core Views - The company has shown revenue growth, with a reported revenue of 1.284 billion yuan in Q3 2024, representing a year-on-year increase of 7.38%. The net profit attributable to shareholders was 116 million yuan, up 12.06% year-on-year [2][3] - The company is leveraging AI technology to enhance high-value products, with its "Xiyou" model receiving official recognition, indicating significant progress in the application of algorithms in the finance and taxation sector [4] - The company is expected to benefit from the ongoing tax reform trends, as outlined in recent government directives aimed at deepening fiscal and tax system reforms [4][6] Financial Performance Summary - For the fiscal year 2022, the company reported a revenue of 1.698 billion yuan, which is projected to grow to 2.858 billion yuan by 2026, reflecting a compound annual growth rate (CAGR) of 21.3% [1][6] - The net profit attributable to shareholders is expected to increase from 144 million yuan in 2022 to 440 million yuan in 2026, with a significant growth rate of 52.8% in 2026 [1][6] - The company's earnings per share (EPS) is projected to rise from 0.35 yuan in 2022 to 1.08 yuan in 2026, indicating a strong upward trend in profitability [1][6] AI and Product Development - The "Xiyou" model is designed to provide integrated services across various business segments in the finance and taxation field, enhancing user experience through intelligent and efficient solutions [4] - The company plans to continue developing AI product services and introduce more high-value products, particularly targeting small and micro enterprises with cloud-based solutions [4] Market Outlook - The company is positioned to benefit from the clear trends in tax reform, which are expected to enhance its market opportunities in the long term [4][6] - The projected financial metrics indicate a positive outlook, with revenue and profit growth expected to align with the anticipated industry developments [6]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6][8]. Core Views - The company reported a significant profit increase, with a single-quarter revenue of 469 million yuan, representing a year-over-year growth of 7.26%, and a net profit attributable to shareholders of 28 million yuan, up 73.40% year-over-year. For the first three quarters, total revenue reached 1.284 billion yuan, with a year-over-year increase of 7.38%, and a net profit of 116 million yuan, reflecting a 12.06% year-over-year growth [3][4]. - The reduction of losses in the G-end segment has driven the company's profit growth in the third quarter beyond expectations, primarily due to the rapid advancement of the accounting SaaS business [4][5]. - The company has shown significant improvement in operational efficiency, with a notable reduction in operating cash flow losses compared to the previous year, and a steady growth in contract liabilities, indicating sustained growth in the B-end SaaS business [4][5]. - The ongoing fiscal and tax system reforms are expected to become a new growth driver, accelerating the deployment of the Jin Si system and expanding the user base for tax SaaS products [5][6]. - The company is leveraging its accumulated operational data from small and medium enterprises to explore new business opportunities in financial services and trade circulation, as well as expanding its product lines in the government sector [5][6]. Summary by Sections Financial Performance - In Q3 2024, the company achieved a revenue of 469 million yuan, a year-over-year increase of 7.26%, and a net profit of 28 million yuan, up 73.40% year-over-year. For the first three quarters, total revenue was 1.284 billion yuan, with a year-over-year growth of 7.38%, and a net profit of 116 million yuan, reflecting a 12.06% increase [3][4]. Operational Efficiency - The company has optimized its operational efficiency, with a significant reduction in operating cash flow losses from 223 million yuan in the previous year to 104 million yuan this year. The growth in contract liabilities indicates a robust performance in the B-end SaaS business [4][5]. Market Opportunities - The fiscal and tax system reforms are anticipated to enhance the company's growth prospects, particularly in expanding the Jin Si system and increasing the penetration of tax SaaS products among small and medium enterprises [5][6]. Future Profit Projections - The projected net profits for 2024, 2025, and 2026 are 195 million yuan, 376 million yuan, and 477 million yuan, respectively, with corresponding price-to-earnings ratios of 59.0X, 30.6X, and 24.1X [6].

Investment Rating - The report maintains a "Buy" rating for the company [1][3] Core Views - The company reported a significant increase in net profit for Q3, with a year-on-year growth of 73.4% for net profit attributable to shareholders and 58.2% for net profit excluding non-recurring items [3][4] - The company's revenue for the first three quarters reached 1.28 billion RMB, representing a year-on-year increase of 7.4% [3] - The successful registration of the "Xiyou" large model algorithm enhances the company's AI capabilities in the tax and finance sector, potentially expanding its business scenarios [4] - The company holds a strong position in the tax IT sector, supported by a substantial data barrier and advanced technology integration [4] Summary by Sections Financial Performance - For Q3, the company achieved a revenue of 470 million RMB, a 7.3% increase year-on-year, with net profit and net profit excluding non-recurring items reaching 27.7 million RMB and 23.4 million RMB respectively [4] - The projected net profits for 2024-2026 are estimated at 197 million RMB, 296 million RMB, and 386 million RMB, with corresponding EPS of 0.48 RMB, 0.73 RMB, and 0.95 RMB [5][4] Market Position - The company has a robust data foundation, covering nearly 8 million enterprises and over 10 million relationship knowledge graphs, which strengthens its competitive edge in the tax IT industry [4] - The report emphasizes the company's leading position in the financial technology sector, driven by its research in big data, cloud computing, and artificial intelligence [4] Valuation - The report adjusts the earnings per share (EPS) forecast downwards by 0.3% to 9.4% for the years 2024-2026, reflecting the company's AI research investments [4] - The projected price-to-earnings (PE) ratios for 2024, 2025, and 2026 are 59X, 39X, and 30X respectively [5]

Investment Rating - The report maintains a "Buy" rating for the company [3][4]. Core Views - The company reported a revenue of 1.28 billion yuan for the first three quarters of 2024, representing a year-over-year increase of 7.4%. The net profit attributable to shareholders was 120 million yuan, up 12.1% year-over-year, while the net profit excluding non-recurring items reached 110 million yuan, reflecting a 24.8% increase year-over-year [3][4]. - In Q3 2024, the company achieved a revenue of 470 million yuan, a year-over-year growth of 7.3%, and a net profit of 27.7 million yuan, which is a significant increase of 73.4% year-over-year. This performance aligns with expectations [3][4]. - The growth in revenue is attributed to stable G-end income and increased B-end income, primarily driven by the growth in the digital tax SaaS business [3][4]. - The gross margin for Q3 2024 was 59.5%, remaining stable compared to 59.9% in Q3 2023. The company anticipates potential improvements in gross margin as the macroeconomic environment recovers and B-end SaaS products gain traction [3][4]. - As of September 30, 2024, the company's contract liabilities amounted to 750 million yuan, a year-over-year increase of 12%, indicating a growing demand for B-end SaaS compliance tax reporting [3][4]. - The company reported accounts receivable of 170 million yuan, down 13.6% year-over-year, suggesting an improvement in receivables management as the promotion of the Golden Tax Phase IV accelerates [3][4]. - The operating cash flow for the first three quarters of 2024 showed a net outflow of 100 million yuan, which is an improvement of 120 million yuan compared to the same period last year. In Q3 2024, the company recorded a net inflow of 180 million yuan, an increase of 90 million yuan year-over-year [4]. - The report highlights the accelerated penetration of B-end compliance tax SaaS due to the rollout of the Golden Tax Phase IV, which is expected to enhance the company's market position [4]. - The revenue forecast for the company is projected to be 2.09 billion yuan, 2.43 billion yuan, and 2.84 billion yuan for 2024, 2025, and 2026 respectively, with net profits of 209 million yuan, 354 million yuan, and 556 million yuan for the same years [4][5].

Investment Rating - The report maintains a "Recommended" rating for the company [2][4]. Core Insights - The company achieved a revenue of 1.284 billion yuan in the first three quarters of 2024, representing a year-on-year growth of 7.38%. The net profit attributable to shareholders reached 116 million yuan, up 12.06% year-on-year, while the net profit excluding non-recurring items was 106 million yuan, reflecting a significant growth of 24.82% [2]. - In Q3 2024, the company reported a single-quarter revenue of 469 million yuan, a year-on-year increase of 7.26%. The net profit attributable to shareholders for the quarter was 28 million yuan, showing a remarkable growth of 73.40% year-on-year, and the net profit excluding non-recurring items was 23 million yuan, up 58.24% year-on-year [2]. - The company has successfully registered its "Xiyou" large model algorithm, marking a significant advancement in the application of AI in the financial and tax sectors. This model aims to enhance efficiency and service quality in tax management for small and micro enterprises [2]. - The ongoing fiscal and tax reforms in China are expected to create incremental demand for information technology in the sector. The company is positioned as a core vendor in tax IT system construction, with potential new growth opportunities arising from the new round of fiscal and tax reforms [2]. - The forecasted net profits for the company from 2024 to 2026 are expected to be 203 million yuan, 294 million yuan, and 366 million yuan, respectively, with year-on-year growth rates of 143%, 45%, and 25%. The current market capitalization corresponds to PE ratios of 57, 39, and 31 times for the years 2024 to 2026 [2]. Financial Summary - For the first three quarters of 2024, the company reported a revenue of 1.284 billion yuan, with a net profit of 116 million yuan and a net profit excluding non-recurring items of 106 million yuan [2]. - The projected revenue growth rates for the years 2024, 2025, and 2026 are 15.1%, 17.6%, and 15.0%, respectively [3]. - The company's net profit is expected to grow from 202 million yuan in 2024 to 366 million yuan in 2026, with corresponding growth rates of 143.2% and 24.5% [6].