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。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 61,699股。 证券代码：688083 证券简称：中望软件 公告编号：2025-072 广州中望龙腾软件股份有限公司 关于 2023 年限制性股票激励计划第二个归属期 部分归属结果暨股份上市公告（定向发行股份） 本次股票上市流通总数为61,699股。 公司独立董事就本激励计划相关议案发表了独立意见。 2、2023 年 9 月 25 日，公司召开第五届监事会第二十六次会议，审议通过了 《关于公司<2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司 <2023 年限制性股票激励计划实施考核管理办法>的议案》以及《关于核实公司 <2023 年限制性股票激励计划激励对象名单>的议案》，公司监事会对本激励计划 的事项进行核实并出具了相关核查意见。 3、2023 年 9 月 26 日至 2023 年 10 月 5 日，公司对本激励计划拟授予激励对 象的姓名和职务在公司内部进行了公示。在公示期 ...

Core Points - The company has completed the second vesting period of its 2023 restricted stock incentive plan, with 61,699 shares being registered for 89 incentive recipients [1] - An additional 93,169 shares are in the process of being registered for repurchase [1] - The total share capital will increase to 169,646,246 shares after the vesting, which will dilute the basic earnings per share for the first three quarters of 2025, but will not significantly impact the financial condition and operating results [1] - The company has received subscription payments totaling 5.5536 million yuan from 162 incentive recipients [1] - The listing date for the vested shares is set for November 24, 2025 [1]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 76.67 CNY [3][10][6] Core Insights - The company's revenue for the first nine months of 2025 reached 538 million CNY, reflecting a year-over-year growth of 5.0%. However, the net profit attributable to the parent company was a loss of 40.85 million CNY, compared to a profit of 10.77 million CNY in the same period last year [2] - The company has made significant progress in the research and development of its 3D CAD products, which are expected to benefit from the domestic industrial software localization trend [9] - The company is experiencing a slowdown in domestic business, with a decline of 5.4% in the first half of 2025, while overseas business is growing rapidly at 42.2% [9] Financial Performance Summary - Revenue projections for 2025-2027 are 1.017 billion CNY, 1.172 billion CNY, and 1.384 billion CNY, respectively, with year-over-year growth rates of 14.6%, 15.2%, and 18.1% [5] - The net profit attributable to the parent company is forecasted to be 87 million CNY in 2025, 147 million CNY in 2026, and 256 million CNY in 2027, with growth rates of 36.1%, 68.6%, and 74.0% respectively [5] - The company’s gross margin is projected to remain high, at 94.9% in 2025, increasing to 95.5% by 2027 [5] Valuation and Forecast - The DCF valuation model indicates an enterprise value of 11.183 billion CNY and an equity value of 13.002 billion CNY, leading to a per-share value of 76.67 CNY [11][10] - The report highlights a decrease in operating expenses due to workforce optimization, which may lead to further reductions in expense ratios in the future [9]

证券代码：688083 证券简称：中望软件 公告编号：2025-071 广州中望龙腾软件股份有限公司 关于首次公开发行募投项目结项并注销募集资金专项账户 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、准确性和完整性依法承担个别及连带责任。 广州中望龙腾软件股份有限公司（以下简称"公司"或"中望软件"）于上海证券交 易所科创板首次公开发行股票募集资金投资项目"中望软件全球研发中心及运营总部建 设项目"已达到预定可使用状态，公司决定将其予以结项，并将节余募集资金永久补充 流动资金，同时注销相关募集资金专户。根据《上海证券交易所科创板上市公司自律监 管指引第 1 号——规范运作》等相关规定，上述事项无需董事会审议。前述项目结项后， 截至本公告披露日，公司首次公开发行募投项目已全部结项。 近日，公司募集资金专用账户的注销手续已经办理完成。具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2021 年 2 月 1 日出具的《关于同意广州中望龙腾 软件股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕348 号），公司获 准向社 ...

Core Points - The company announced the completion of its initial public offering fundraising project, "Zhongwang Software Global R&D Center and Operations Headquarters Construction Project" [1] - The total investment in the project reached 101.0654 million yuan, with an adjusted planned investment of 99.9741 million yuan, resulting in a surplus of 0.02 million yuan [1] - The surplus funds, including net interest and investment income of 1.0915 million yuan after deducting fees, have been transferred to the company's general account for permanent working capital replenishment [1] - Following the completion of this project, all fundraising projects from the company's initial public offering have been concluded [1] - The fundraising account opened by the company's wholly-owned subsidiary, Guangzhou Zhongwang Zhiyuan Co., Ltd., at China Construction Bank has completed the cancellation procedures, and the corresponding storage supervision agreement has been terminated [1]

Core Points - Zhongwang Software announced the completion of the first vesting period for its 2024 restricted stock incentive plan, with a total of 508,761 shares being vested [2] - The vested shares were sourced from the repurchased A-share ordinary stock of Guangzhou Zhongwang Longteng Software Co., Ltd [2]

证券代码：688083 证券简称：中望软件 公告编号：2025-070 广州中望龙腾软件股份有限公司 关于 2024 年限制性股票激励计划首次授予部分 第一个归属期归属结果公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、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。 重要内容提示： 根据中国证券监督管理委员会、上海证券交易所、中国证券登记结算有限责 任公司上海分公司相关业务规定，广州中望龙腾软件股份有限公司（以下简称"公 司"）于近日收到中国证券登记结算有限责任公司上海分公司出具的《过户登记 确认书》，公司完成了 2024 年限制性股票激励计划首次授予部分第一个归属期 的股份归属登记工作。现将有关情况公告如下： 一、本次限制性股票归属的决策程序及相关信息披露 1、2024 年 9 月 11 日，公司召开第六届董事会第七次会议，会议审议通过 了《关于<广州中望龙腾软件股份有限公司 2024 年限制性股票激励计划（草案）> 及其摘要的议案》《关于<广州中望龙腾软件股份有限公司 2024 年限制性股票激 励计划实施考核管理办法>的议案》以及《关于提请股东大会授权董事会办理公 ...

Core Viewpoint - The strategic cooperation between Zhongwang Software and Zhejiang Huazhan Research and Design Institute marks a significant step in the application of domestic industrial software and digital transformation in the Ningbo architectural design industry [1] Group 1 - Zhongwang Software has recently entered into a strategic partnership with Zhejiang Huazhan Research and Design Institute [1] - This collaboration is seen as a key advancement for the Ningbo architectural design sector in terms of adopting domestic industrial software [1] - The partnership aims to facilitate digital transformation and upgrade processes within the industry [1]

Core Insights - Zhongwang Software, established in 1998 and listed in 2021, is a leading domestic industrial software supplier focusing on CAD/CAM/CAE software development and sales [1] Financial Performance - For Q3 2025, Zhongwang Software reported revenue of 538 million yuan, ranking 44th among 102 companies in the industry, significantly lower than the top company Shanghai Steel Union's 57.318 billion yuan [2] - The net profit for the same period was -40.0493 million yuan, placing it 66th in the industry, again far behind the leaders [2] Financial Ratios - The debt-to-asset ratio for Q3 2025 was 17.72%, lower than the industry average of 31.94%, indicating strong solvency [3] - The gross profit margin was 96.04%, well above the industry average of 41.71%, reflecting robust profitability [3] Executive Compensation - Chairman Du Yulin's compensation for 2024 was 645,300 yuan, a slight decrease from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 34.52% to 10,300, while the average number of shares held per shareholder decreased by 25.66% [5] - Major shareholders include Wan Jia You Xuan and Xing Quan He Run, with stable holdings [5] Market Outlook - Zhongwang Software's overseas market continues to grow, driven by channel sales and brand promotion, while domestic demand remains stable [5] - The company is focusing on 3D breakthroughs and has launched ZWCAD 365 to enhance its 2D product offerings [5] - Revenue projections for 2025-2027 are 955 million yuan, 1.09 billion yuan, and 1.264 billion yuan, with corresponding net profits of 36 million yuan, 74 million yuan, and 125 million yuan [5] Analyst Ratings - CICC noted that Zhongwang Software's Q3 performance met expectations, with potential for revenue recovery as domestic demand stabilizes and overseas expansion continues [6] - Revenue estimates for 2025 and 2026 have been slightly reduced, but the company maintains a "outperform" rating with a target price of 86 yuan [6]

Core Insights - Zhongwang Software's stock price increased by 2.20% on October 31, reaching 77.88 CNY per share, with a market capitalization of 13.207 billion CNY [1] - The company has seen a year-to-date stock price increase of 27.98%, but a recent decline of 1.62% over the last five trading days [1] Financial Performance - For the period from January to September 2025, Zhongwang Software reported a revenue of 538 million CNY, representing a year-on-year growth of 4.99%, while the net profit attributable to shareholders was -40.8487 million CNY, a decrease of 479.34% compared to the previous year [2] - The company has distributed a total of 263 million CNY in dividends since its A-share listing, with 158 million CNY distributed over the last three years [3] Shareholder Information - As of September 30, 2025, Zhongwang Software had 10,300 shareholders, an increase of 34.52% from the previous period, with an average of 16,434 shares held per shareholder, a decrease of 25.66% [2] - The top three circulating shareholders include Wan Jia You Xuan (holding 4 million shares), Xing Quan He Run Mixed A (holding 2.9786 million shares), and Wan Jia Zi Zhu Chuang Xin Mixed A (holding 2.5 million shares, a decrease of 500,000 shares from the previous period) [3] Business Overview - Zhongwang Software, established on August 24, 1998, specializes in the research, development, promotion, and sales of CAD/CAM/CAE industrial software, with 95.45% of its revenue coming from standard general software [2] - The company operates within the computer software development industry, focusing on vertical application software, and is involved in concepts such as smart grid, industrial software, and Industry 4.0 [2]