福建福昕软件开发股份有限公司 2024 年年度股东大会会议资料 福建福昕软件开发股份有限公司 2024 年年度股东大会 会 议 资 料 中国·福州 二○二五年五月 1 福建福昕软件开发股份有限公司 2024 年年度股东大会会议资料 目 录 | 福建福昕软件开发股份有限公司 | 年年度股东大会会议须知 3 2024 | | --- | --- | | 福建福昕软件开发股份有限公司 | 年年度股东大会会议议程 5 2024 | | 议案一：关于公司 2024 | 年年度报告及摘要的议案 7 | | 议案二：关于公司 2024 | 年度董事会工作报告的议案 8 | | 议案三：关于公司 2024 | 年度监事会工作报告的议案 16 | | 议案四：关于公司 2024 | 年度财务决算报告的议案 21 | | 议案五：关于公司 2025 | 年度财务预算报告的议案 26 | | 议案六：关于公司 2024 | 年度利润分配方案的议案 28 | | 议案七：关于续聘公司 2025 | 年度财务审计机构及内控审计机构的议案 29 | | 议案八：关于开展金融衍生品套期保值业务的议案 30 | | 2 福建福昕软件开发股份 ...

证券代码：688095 证券简称：福昕软件 公告编号：2025-023 福建福昕软件开发股份有限公司 关于参加 2025 年福建辖区上市公司投资者网上集体接待日 活动暨召开 2024 年度和 2025 年第一季度业绩说明会的公告 本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。 重要内容提示： 会议召开时间：2025 年 5 月 14 日（星期三）下午 15:30-17:00 会议召开方式：网络文字互动 会议召开地点：投资者可登录"全景路演"网站（http://rs.p5w.net），或 关注微信公众号"全景财经"，或下载全景路演 APP，参与互动交流。 投资者可于 2025 年 5 月 13 日（星期二）16：00 前将相关问题通过福建 福昕软件开发股份有限公司（以下简称"公司"）邮箱 boardoffice@foxitsoftware.cn 进行提问，公司将在本次集体接待日活动暨业绩说明会中对投资者普遍关注的问 题进行回答。 公司已于 2025 年 4 月 29 日在上海证券交易所网站披露了公司《2024 年年 度报告》和 ...

Investment Rating - The report maintains a "Strong Buy" rating for Foxit Software [2][13]. Core Views - Foxit Software achieved a turnaround in profitability for 2024, with a revenue of 7.11 billion yuan (up 16.44% year-on-year) and a net profit attributable to shareholders of 0.27 billion yuan (a significant increase of 129.64% year-on-year) [3][6]. - The company is transitioning from perpetual licensing to a subscription model, with subscription revenue reaching 3.51 billion yuan in 2024 (up 62% year-on-year) [4][5]. - The split of domestic and international operations is aimed at capturing opportunities in the domestic market, particularly in high-value sectors such as government and healthcare [5][6]. Revenue and Profitability - In 2024, Foxit Software's revenue and net profit were 7.11 billion yuan and 0.27 billion yuan, respectively, while the first quarter of 2025 saw revenue of 2.02 billion yuan [3][4]. - The company's gross margin for 2024 was 93.41%, indicating strong profitability despite a slight decline [6][14]. - The report forecasts net profits of 0.33 billion yuan, 0.64 billion yuan, and 1.31 billion yuan for 2025, 2026, and 2027, respectively [13][14]. Market Expansion - Foxit Software has expanded its market presence in the Asia-Pacific region, with revenue growth rates of 53% and 56% for 2024 and the first quarter of 2025, respectively [4][5]. - The company has successfully integrated its acquisition of Foxit Kunpeng, enhancing its capabilities in document technology [5][6]. Financial Projections - The report projects a revenue growth rate of 19.12% for 2025 and 22.70% for 2026, with a long-term growth trajectory expected to continue [14]. - The company's PE ratios are projected to be 180, 93, and 45 for 2025, 2026, and 2027, respectively, reflecting strong future earnings potential [13][14].

Core Viewpoint - The article emphasizes that technological self-sufficiency is a key investment theme, particularly in the context of ongoing US-China trade tensions, which are seen as a competition in the technology sector [1][3]. Industry Insights - The concept of self-sufficiency refers to the ability to independently research, design, and control core technologies across the entire lifecycle of information systems, from hardware to software [2]. - The Chinese government has highlighted the importance of building self-sufficient industrial and supply chains, particularly in sectors such as integrated circuits, industrial mother machines, medical equipment, and advanced materials [2]. Investment Opportunities - Various institutions believe that technological self-sufficiency has become a reliable investment direction, with a focus on domestic demand in technology, particularly in areas like domestic computing power [4][5]. - Securities firms such as Everbright Securities and Huafu Securities are optimistic about investment opportunities in the semiconductor industry, recommending attention to wafer manufacturing and AI computing power chips [6]. Market Growth Projections - The China Investment Industry Research Institute projects that the market size of self-sufficient industries will reach 1.47 trillion yuan by 2027, indicating significant market potential [7]. - A selection of 50 potential stocks in the self-sufficient technology sector was made based on three criteria: research and development intensity, gross profit margin, and the ratio of contract liabilities to revenue [7]. Stock Performance and Predictions - Among the 50 identified stocks, 14 have seen upward adjustments in profit forecasts post-annual report releases, with two stocks, Foxit Software and Rainbow Technology, experiencing over 50% increases in 2025 profit predictions [9]. - Foxit Software's net profit forecast for 2025 was raised by 152.78% to 91 million yuan, reflecting strong recent performance [10]. - Rainbow Technology's net profit forecast for 2025 was increased by 58.27% to 220 million yuan, driven by its focus on technological innovation [10][11]. Institutional Interest - Six stocks from the identified 50 have received net purchases exceeding 100 million yuan from institutional investors, with Chip Origin Technology and China Software being notable examples [12]. - Chip Origin Technology has a range of self-sufficient processor IPs applicable in various fields, while China Software is recognized as a leading state-owned enterprise in software, benefiting from its strategic position and brand recognition [12][13].

2025年，福建福昕软件开发股份有限公司（以下简称"福昕软件"）发布了2024年年度报告。报告显示， 公司在营业收入、净利润等关键指标上呈现出复杂态势，其中经营活动现金流净额下降70.82%，投资 收益增长765.73%，这些显著变化值得投资者深入关注。 财务指标解读 营收增长态势向好 2024年福昕软件实现营业收入711,135,372.43元，较上年同期增长16.44%。从季度数据来看，各季度营 收分别为168,790,139.13元、168,765,478.25元、171,646,495.10元、201,933,259.95元，同比增长率分别为 16.87%、19.13%、9.73%、20.03%。公司订阅转型成效初显，订阅业务ARR达41,129.65万元，较上年期 末增长64.42%，订阅收入为35,056.26万元，占营业收入的49.31%，同比增长62.33%。渠道转型也成果 显著，通过渠道实现的收入达29,181.74万元，占营业收入的41.05%，较去年同期增长40.49%。 费用控制与结构变化销售费用：销售费用为382,963,772.00元，较上年增长12.70%，主要因销售人员薪 酬、 ...

公 司 报 告 计算机 2025年04月30日 福昕软件(688095.SH) 订阅指标强劲助力主业增长，一横多纵布局开拓国内市场 推荐 ( 维持) 股价:64.94元 主要数据 | 行业 | 计算机 | | --- | --- | | 公司网址 | www.fuxinsoft.cn | | 大股东/持股 | 熊雨前/39.82% | | 实际控制人 | 熊雨前 | | 总股本(百万股) | 91 | | 流通A股(百万股) | 91 | | 流通B/H股(百万股) | | | 总市值(亿元) | 59 | | 流通A股市值(亿元) | 59 | | 每股净资产(元) | 27.92 | | 资产负债率(%) | 22.3 | 行情走势图 相关研究报告 YANLEI511@pingan.com.cn 黄韦涵 投资咨询资格编号 S1060523070003 HUANGWEIHAN235@pingan.com.cn 【平安证券】福昕软件（688095.SH）*首次覆盖报 告*PDF+OFD版式软件领军者，双转型战略驱动成长 *推荐20241120 证券分析师 闫磊 投资咨询资格编号 S1060517070006 ...

Investment Rating - The report maintains a "Buy" rating for the company [2] Core Insights - The company achieved a total revenue of 711 million yuan in 2024, representing a year-on-year growth of 16.44%, and turned a profit with a net profit of 27 million yuan, a significant increase of 129.64% compared to the previous year [7] - The company is undergoing a dual transformation strategy focusing on subscription and channel sales, with subscription revenue reaching 351 million yuan in 2024, accounting for 49.31% of total revenue, and growing by 62.33% year-on-year [7] - The company has split its operations into "Foxit International" and "Foxit China" to enhance its global presence, with notable revenue growth in emerging markets such as the Asia-Pacific region, which saw a year-on-year increase of 53.42% [7] Financial Data and Profit Forecast - The company forecasts total revenue of 852 million yuan for 2025, with a year-on-year growth rate of 19.8%, and a net profit of 45 million yuan, reflecting a growth rate of 68.3% [6] - The company's gross margin is projected to remain high at around 94.3% for 2025, indicating strong profitability [6] - The return on equity (ROE) is expected to improve significantly, reaching 1.7% in 2025 and 4.5% in 2026 [6]

Investment Rating - The investment rating for the company is "Buy" with a target price of 92.92 RMB [8][9] Core Views - The company achieved a revenue of 711 million RMB in 2024, representing a year-on-year increase of 16.44%, and a net profit attributable to shareholders of 26.96 million RMB, which is a significant increase of 129.64% year-on-year [1][5] - The dual transformation strategy and AI upgrades are expected to accelerate overall revenue growth in 2025 [1][2] - Subscription revenue reached 351 million RMB in 2024, up 62.33% year-on-year, accounting for 49% of total revenue [2] - The company has seen a strong performance in its channel strategy, with channel revenue increasing by 40.49% year-on-year to 292 million RMB, contributing 41% to total revenue [2] - The company is focusing on AI product upgrades, which have enhanced product competitiveness and led to a decrease in R&D expense ratio [3] Summary by Sections Financial Performance - In Q1 2025, the company reported revenue of 202 million RMB, a year-on-year increase of 19.78%, with a net loss of 5.83 million RMB, showing improvement compared to the previous year [4] - The revenue forecast for 2025-2027 is adjusted to 865 million, 1,054 million, and 1,285 million RMB respectively, with corresponding net profits of 31.50 million, 71.93 million, and 126.16 million RMB [5][7] Market Position and Strategy - The company’s subscription business has a strong annual recurring revenue (ARR) of 411 million RMB, with a renewal rate of approximately 90% [2] - The company is benefiting from the operational separation of domestic and international businesses, which is expected to accelerate global business growth, particularly in the Asia-Pacific market [3] Valuation Metrics - The company is valued at a price-to-sales (PS) ratio of 9.8x for 2025, with a target price of 92.92 RMB based on comparable company analysis [5][13]

证券代码：688095 证券简称：福昕软件 公告编号：2025-015 福建福昕软件开发股份有限公司 关于续聘公司 2025 年度财务审计机构及内控审计机构 的公告 本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 重要内容提示： 拟聘任的会计师事务所名称：华兴会计师事务所（特殊普通合伙）。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易 所科创板股票上市规则》等法律法规和上海证券交易所业务规则及《福建福昕 软件开发股份有限公司章程》的相关规定，福建福昕软件开发股份有限公司 （以下简称"公司"）于 2025 年 4 月 28 日召开第四届董事会第二十三次会议及 第四届监事会第二十二次会议，分别审议通过了《关于续聘公司 2025 年度财务 审计机构及内控审计机构的议案》，同意续聘华兴会计师事务所（特殊普通合伙） 为公司 2025 年度财务报告及内部控制审计机构，并提请股东大会授权公司管理 层决定华兴会计师事务所（特殊普通合伙）2025 年度审计费用并签署相关服务 协议等事项。该议案尚需提交公司股东大会审议。现将相 ...

关于收购 AccountSight100%股权 2024 年度业绩承诺完成情 况的公告 本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。 福建福昕软件开发股份有限公司（以下简称"公司"）的全资子公司 DocuSavvy Technologies Limited（以下简称"DocuSavvy"）于 2021 年以总对价 不超过 2,800 万美元收购标的公司 AccountSight100%的股权。鉴于该收购事项存 在业绩承诺，华兴会计师事务所（特殊普通合伙）（以下简称"华兴所"）出具了 《 关 于 AccountSight 业 绩 承 诺 实 现 情 况 的 审 核 报 告 》（ 华 兴 专 字 [2025]24014330042 号），现将相关情况公告如下： 一、收购的相关情况 2021 年 9 月，公司为进一步完善公司产业链，扩大业务范围，推进公司战略 布局，增加市场竞争力，公司的全资子公司 DocuSavvy 以总对价不超过 2,800 万 美元收购 AccountSight 的 100%股权。具体情况详见公司于 202 ...