Meeting Overview - The fifth board meeting of Beijing Longsoft Technology Co., Ltd. was held on August 18, 2025, with all seven directors present, ensuring the legality and validity of the resolutions made [1][2]. Financial Reporting - The board approved the 2025 semi-annual report, confirming that the report's preparation and review complied with relevant laws and internal regulations, accurately reflecting the company's financial status and operational results [1][2]. Performance Evaluation - The board approved the semi-annual evaluation report of the 2025 Quality Improvement and Efficiency Recovery Special Action Plan, with unanimous support from all directors [2]. Stock Incentive Plan - The board determined that the first vesting period of the 2024 restricted stock incentive plan did not meet performance criteria, leading to the conclusion that the corresponding restricted stocks would not vest [2][3]. - A total of 223,200 shares of restricted stock will be canceled due to the failure to meet performance targets [4]. Accounts Receivable Factoring - The board approved the initiation of accounts receivable factoring for receivables aged over three years, with a total factoring limit not exceeding 40 million RMB or equivalent [4][5].

Meeting Overview - The fifth meeting of the Supervisory Board of Beijing Longsoft Technology Co., Ltd. was held on August 18, 2025, with all three supervisors present, ensuring the legality and validity of the resolutions made [1][2]. Financial Reporting - The Supervisory Board approved the company's 2025 semi-annual report, confirming that the report's preparation and review processes complied with relevant laws and internal regulations, and accurately reflected the company's financial status and operational results [1][2]. Performance Evaluation - The board also approved the semi-annual evaluation report of the 2025 Quality Improvement and Efficiency Recovery Special Action Plan, with all votes in favor [2]. Stock Incentive Plan - The board reviewed and approved the proposal regarding the first vesting period of the 2024 restricted stock incentive plan not meeting the vesting conditions, based on the 2024 annual audit report indicating that the revenue target was not achieved [3][4]. Stock Cancellation - The board agreed to cancel a total of 223,200 shares from the 2024 restricted stock incentive plan, confirming that this action complied with relevant laws and did not harm shareholder interests [3][4]. Accounts Receivable Factoring - The board approved the company to engage in factoring for accounts receivable aged over three years, with a total factoring limit not exceeding 40 million RMB or equivalent [4].

Core Viewpoint - The legal opinion from Beijing Deheng Law Firm confirms the validity of Beijing Longsoft Technology Co., Ltd.'s decision to void a portion of unvested restricted stock due to unmet performance targets for the first vesting period of the 2024 restricted stock incentive plan [1][7]. Group 1: Approval and Authorization - On April 25, 2024, the company held its fifth board meeting and supervisory board meeting, approving the draft of the 2024 restricted stock incentive plan and related proposals [4]. - On May 14, 2024, the company convened a temporary shareholders' meeting, which passed the proposals regarding the 2024 restricted stock incentive plan by special resolution [6]. Group 2: Performance Targets and Results - The performance targets for the first vesting period required a revenue growth rate of at least 20% based on the 2023 revenue [7]. - The company's audited revenue for 2024 was approximately 328.60 million yuan, representing a decline of 17.04% compared to 2023, leading to the decision to void 223,200 shares of unvested restricted stock [8]. Group 3: Legal Compliance - The legal opinion asserts that the voiding of the unvested restricted stock aligns with the relevant laws, regulations, and the provisions of the 2024 restricted stock incentive plan [7][8].

Core Viewpoint - Beijing Longsoft Technology Co., Ltd. announced that the first vesting period of its 2024 restricted stock incentive plan did not meet the vesting conditions, resulting in the cancellation of certain unvested restricted stocks [1][10]. Group 1: Approval Process and Disclosure - The 2024 restricted stock incentive plan was approved by the board on April 25, 2024, and related proposals were also passed by the supervisory board [2][3]. - The company disclosed the plan and related announcements on the Shanghai Stock Exchange website [2][4]. Group 2: Vesting Conditions and Performance Targets - The vesting arrangement for the restricted stocks includes three periods, with the first period allowing for a 30% vesting if certain conditions are met [5][6]. - The performance targets for the first vesting period required a revenue growth rate of at least 20% based on 2023 revenue, with a 100% vesting ratio if met [9]. Group 3: Performance Results and Stock Cancellation - The company's 2024 revenue was reported at 328,602,489.37 yuan, a decrease of 17.04% from 2023, failing to meet the performance targets [9]. - As a result, 223,200 shares of restricted stock were rendered unvested and canceled due to not meeting the performance conditions [10]. Group 4: Impact and Opinions - The cancellation of the restricted stocks is not expected to materially affect the company's financial status or operational results, nor will it impact the stability of the core team [10]. - The supervisory board and legal counsel confirmed that the cancellation complies with relevant laws and regulations, and does not harm shareholder interests [10].

Core Points - The company reported a significant decline in revenue and net profit for the first half of 2025, with revenue at 85.98 million and a year-on-year decrease of 38.8% [2] - The net profit attributable to shareholders was 4.82 million, down 86.4% year-on-year, while the net profit after deducting non-recurring gains and losses was 5.64 million, a decrease of 83.9% [2] - The operating cash flow turned positive at 9.04 million, improving from a negative position [2] Revenue and Profit Analysis - The decline in revenue was attributed to the coal industry's market environment, with delayed customer demand release, slower bidding processes, and extended project acceptance periods [2] - The total profit, net profit attributable to shareholders, and net profit after deducting non-recurring gains and losses all saw significant declines compared to the previous year [2] Cash Flow and Operational Changes - The company experienced an increase in accounts receivable collections, leading to a notable improvement in net cash flow from operating activities [3] - In response to the complex market environment, the company is actively pursuing organizational restructuring and promoting technological innovation [3] - The company is focusing on integrating artificial intelligence technology to align with national goals for the transformation of smart mining from individual system intelligence to overall mine intelligence [3]

Core Insights - Longsoft Technology (688078.SH) reported a significant decline in revenue and net profit for the first half of 2025, with revenue at 85.9753 million yuan, a year-on-year decrease of 38.75% [1] - The net profit attributable to shareholders was 4.8191 million yuan, down 86.43% year-on-year, while the net profit after deducting non-recurring gains and losses was 5.6436 million yuan, a decrease of 83.91% [1] - Basic earnings per share were reported at 0.07 yuan, reflecting a downturn in financial performance [1] Revenue Performance - The decline in revenue was attributed to the coal industry's market environment, leading to deferred customer demand, slowed bidding processes, and extended project acceptance cycles [1] - Revenue recognition fell short of expectations compared to the same period last year, resulting in a 38.75% decrease [1] Profitability Analysis - The total profit, net profit attributable to shareholders, and net profit after deducting non-recurring gains and losses all experienced significant declines compared to the previous year [1] - The competitive landscape in the intermediate-level intelligent mining construction projects and sustained high R&D investments contributed to the profit downturn [1] - All key profitability metrics, including basic earnings per share, diluted earnings per share, and basic earnings per share after deducting non-recurring gains and losses, decreased compared to the same period last year [1]

龙软科技8月18日晚间发布半年度业绩报告称，2025年上半年营业收入约8598万元，同比减少38.75%； 归属于上市公司股东的净利润约482万元，同比减少86.43%；基本每股收益0.07元，同比减少85.71%。 （文章来源：每日经济新闻） ...

（文章来源：每日经济新闻） 龙软科技8月18日晚间发布公告称，公司第五届第十七次董事会会议于2025年8月18日以现场会议方式召 开。会议审议了《关于公司〈2025年半年度报告〉及其摘要的议案》等文件。 ...

Core Viewpoint - Longsoft Technology (688078.SH) reported a significant decline in financial performance for the first half of 2025, with revenue and profits dropping sharply due to adverse market conditions in the coal industry and increased competition in smart mining projects [1] Financial Performance Summary - The company achieved operating revenue of 85.9753 million yuan, a year-on-year decrease of 38.75% [1] - Total profit amounted to 4.4248 million yuan, reflecting a year-on-year decline of 88.53% [1] - Net profit attributable to shareholders was 4.8191 million yuan, down 86.43% year-on-year [1] - Net profit attributable to shareholders after deducting non-recurring gains and losses was 5.6436 million yuan, a decrease of 83.91% compared to the previous year [1] - Basic earnings per share were 0.07 yuan, showing a decline in profitability metrics [1] Market Conditions and Challenges - The decline in revenue was attributed to the coal industry's market environment, which led to deferred customer demand, slowed bidding processes, and extended project acceptance cycles [1] - Increased competition in intermediate and advanced smart mining construction projects, along with sustained high R&D expenditures, negatively impacted profit margins [1]

证券代码：688078 证券简称：龙软科技 公告编号：2025-028 北京龙软科技股份有限公司关于 2024 年 限制性股票激励计划第一个归属期不符合归属条件 暨作废部分已授予尚未归属的限制性股票的公告 公司董事会及全体董事保证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。 北京龙软科技股份有限公司（以下简称"公司"或"龙软科技"）于 2025 年 8 月 18 日召开的第五届董事会第十七次会议、第五届监事会第十五次会议审议 通过了《关于公司 2024 年限制性股票激励计划第一个归属期不符合归属条件的 议案》《关于作废处理公司 2024 年限制性股票激励计划部分限制性股票的议案》， 现将有关事项公告如下： 一、公司 2024 年限制性股票激励计划（以下简称"激励计划"）已履行的审 批程序和信息披露情况 （一） 2024 年 4 月 25 日，公司召开第五届董事会第四次会议，审议通过了 《关于公司<2024 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司 <2024 年限制性股票激励计划实施考核管理办法>的议案》《关于提请股东大会授 权董事 ...