KPMG Huazhen LLP 8th Floor, KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing 100738 China Telephone +86 (10) 8508 5000 Fax +86 (10) 8518 5111 Internet kpmg.com/cn 毕马威华振会计师事务所 (特殊普通合伙) 中国北京 东长安街 1 号 东方广场毕马威大楼 8 层 邮政编码:100738 电话 +86 (10) 8508 5000 传真 +86 (10) 8518 5111 网址 kpmg.com/cn 审计报告 毕马威华振审字第 2516207 号 亚信安全科技股份有限公司董事会： 一、审计意见 亚信科技控股有限公司 自 2024 年 1 月 1 日 至 2024 年 12 月 31 日止年度财务报表 我们审计了后附的亚信科技控股有限公司 (以下简称"亚信科技公司") 财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度的合并及母公司利润表、合并及母 公司现金流量表、合并及母公司股东权益变动表以及相关 ...

关于亚信安全科技股份有限公司 2024 年度募集资金存放 与实际使用情况 鉴证报告 致同会计师事务所(特殊普通合伙) 目 录 关于亚信安全科技股份有限公司 2024年度募集资金 存放与实际使用情况鉴证报告 亚信安全科技股份有限公司 2024年度募集资金 存放与实际使用情况的专项报告 1-7 Grant Thornton 华同 日会计师事务所(特殊部语合伙 3 北京 朝阳区建国门外十年 22 i广场 5层 邮编 100004 6 10 8566 5588 w grantthornton cr 关于亚信安全科技股份有限公司 2024年度募集资金存放与实际使用情况 鉴证报告 致同专字(2025)第 110A011489 号 亚信安全科技股份有限公司全体股东: 我们接受委托,对后附的亚信安全科技股份有限公司(以下简称亚信安 全公司）《2024年度募集资金存放与实际使用情况的专项报告》(以下简称 "专项报告")执行了合理保证的鉴证业务。 按照《上市公司监管指引第2号一一上市公司募集资金管理和使用的监管 要求（2022年修订）》和《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》的要求编制 2024年 ...

亚信安全科技股份有限公司 营业收入扣除情况表 专项核查报告 致同会计师事务所 (特殊普通合伙) 目 录 专项核查报告 公司 2024 年度营业收入扣除情况表及说明 1-2 Grant Thornton 载 三 特广场5层 邮编 10000 亚信安全科技股份有限公司 营业收入扣除情况表专项核查报告 致同专字(2025)第 110A011501 号 亚信安全科技股份有限公司 亚信安全科技股份有限公司全体股东: 我们接受委托,在审计了亚信安全科技股份有限公司(以下简称"亚信 安全公司"）2024年12月31日的合并及公司资产负债表,2024年度的合并及 公司利润表、合并及公司现金流量表、合并及公司股东权益变动表以及财务 报表附注的基础上,对后附的《亚信安全公司 2024年度营业收入扣除情况表 及说明》（以下简称"营业收入扣除情况表"）进行了专项核查。 按照《上海证券交易所科创板股票上市规则》(以下简称"上市规则") 和上海证券交易所《科创板上市公司自律监管指南第9号——财务类退市指 标:营业收入扣除》(以下简称"自律监管指南")的有关规定,编制营业 收入扣除情况表,保证其内容真实、准确、完整,不存在虚假记录、误导性 ...

中国国际金融股份有限公司 关于亚信安全科技股份有限公司 2024 年度募集资金存放与使用情况的核查意见 中国国际金融股份有限公司（以下简称"中金公司""保荐机构"）作为亚 信安全科技股份有限公司（以下简称"亚信安全""公司"）首次公开发行股票 并在科创板上市的保荐机构，根据中国证监会发布的《上市公司监管指引第 2 号 ——上市公司募集资金管理和使用的监管要求》《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》和《上海证券交易所科创板股票上市规 则》等有关规定，对亚信安全 2024 年度募集资金存放与实际使用情况出具核查 意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2022 年 1 月 5 日出具的《关于同意亚信安 全科技股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕7 号）， 公司首次向社会公众发行人民币普通股（A 股）股票 40,010,000 股，每股发行价 格为 30.51 元（人民币，下同），募集资金总额为 1,220,705,100.00 元。扣除发行 费用 98,199,233.77 元（不含增值 税， 下同）后，实 际募 集资金净额为 1,1 ...

关于亚信安全科技股份有限公司 非经营性资金占用及其他关联 资金往来的专项说明 致同会计师事务所 (特殊普通合伙) 目 录 关于亚信安全科技股份有限公司非经营性资金占用及其他关联资 金往来的专项说明 亚信安全科技股份有限公司 2024年度非经营性资金占用及其他关 联资金往来情况汇总表 Grant Thornton 载 三 关于亚信安全科技股份有限公司 非经营性资金占用及其他关联资金往来的专项说明 致同专字(2025)第 110A011488号 亚信安全科技股份有限公司全体股东: 我们接受亚信安全科技股份有限公司(以下简称"亚信安全公司")委 托,根据中国注册会计师执业准则审计了亚信安全公司 2024年 12月 31日的合 并及公司资产负债表,2024年度合并及公司利润表、合并及公司现金流量表、 合并及公司股东权益变动表和财务报表附注,并出具了致同审字(2025)第 110A019907 号无保留意见审计报告。 根据《上市公司监管指引第8号一一上市公司资金往来、对外担保的监管 要求》等有关规定,亚信安全公司编制了本专项说明所附的亚信安全股份有 限公司 2024 年度非经营性资金占用及其他关联资金往来情况汇总表(以 ...

亚信安全科技股份有限公司 二〇二四年度 审计报告 致同会计师事务所 (特殊普通合伙) 目 录 | 审计报告 | 1-6 | | --- | --- | | 合并及公司资产负债表 | 1-2 | | 合并及公司利润表 | 3 | | 合并及公司现金流量表 | 4 | | 合并及公司股东权益变动表 | 5-6 | | 财务报表附注 | 7-98 | Thornton स्य |三| 审计报告 致同审字(2025)第 110A019907 号 亚信安全科技股份有限公司全体股东: 一、审计意见 我们审计了亚信安全科技股份有限公司(以下简称亚信安全公司)财务 报表,包括 2024年12月31日的合并及公司资产负债表,2024年度的合并及公 司利润表、合并及公司现金流量表、合并及公司股东权益变动表以及相关财 务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编 制,公允反映了亚信安全公司 2024年 12月 31日的合并及公司财务状况以及 2024年度的合并及公司经营成果和现金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的 "注册会计师对财务报表审计 ...

Financial Performance - In 2024, the company achieved a net profit attributable to shareholders of 9,590,639.77 yuan, with a negative retained earnings of -24,221,165.15 yuan as of December 31, 2024, leading to no cash dividends proposed for the year [11]. - The company's operating revenue for 2024 reached ¥3,595,082,344.03, representing a 123.56% increase compared to ¥1,608,088,384.17 in 2023 [27]. - The net profit attributable to shareholders for 2024 was ¥9,590,639.77, a significant recovery from a loss of ¥291,075,848.53 in 2023 [27]. - The net cash flow from operating activities improved to ¥1,145,412,642.37 in 2024, compared to a negative cash flow of ¥379,335,701.16 in 2023 [27]. - The gross margin improved to 45%, up from 40% in the previous quarter, reflecting better cost management [17]. - The company reported a significant increase in revenue, reaching 1.2 billion RMB, representing a 25% year-over-year growth [17]. - The company provided a positive outlook for the next quarter, projecting a revenue growth of 20% to 1.44 billion RMB [17]. - The company achieved a total revenue of 3.595 billion RMB, representing a 123.56% increase compared to the same period last year, primarily due to the inclusion of the digital intelligence business and growth in cybersecurity revenue [29]. - The gross profit margin for the reporting period was 51.61%, an increase of 3.79 percentage points year-over-year, driven by a higher proportion of standardized product revenue in the cybersecurity business [29]. - The company reported a net cash flow from operating activities of 1.534 billion RMB in the fourth quarter, indicating a strong recovery in cash generation [32]. Strategic Initiatives - The company completed strategic control of AsiaInfo Technology by the end of 2024, forming an integrated "security + intelligent" cloud network security ecosystem [3]. - The company initiated comprehensive collaboration between its cybersecurity and intelligent business sectors in R&D, sales, and management, achieving breakthroughs in collaborative innovation [4]. - The company plans to enhance product leadership capabilities around core technologies such as large model security in the AI era [5]. - The company plans to enhance its integrated development of cybersecurity and digital intelligence services, marking a new phase in its business operations [39]. - The company aims to strengthen its market position through strategic mergers and the development of new technologies in the cybersecurity sector [39]. - The company is actively expanding into emerging fields such as large model security, data security, and satellite internet security, participating in national digital infrastructure projects [4]. - The company is focusing on enhancing its product offerings and exploring potential mergers and acquisitions to strengthen its competitive position [27]. - The company aims to solidify its leadership in the BSS market while rapidly developing new businesses in digital operations and vertical industry digitalization [58]. Research and Development - Research and development expenses increased by 10%, totaling 150 million RMB, focusing on AI and cybersecurity technologies [17]. - The company has established three major R&D centers in Beijing, Nanjing, and Chengdu, focusing on core technologies in endpoint security, identity security, cloud security, and advanced threat management [171]. - The total R&D investment for the year reached ¥550,641,293.15, an increase of 23.26% compared to the previous year [149]. - The company has significantly increased its R&D investment in cybersecurity, focusing on a "data-driven, AI-native" strategy to enhance data processing and response capabilities [134]. - The company has launched several intelligent products that have been recognized in multiple Gartner reports for 2024, enhancing its industry leadership [146]. - The company has developed a comprehensive data security protection system that supports enterprises in their digital transformation efforts [136]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of the fiscal year [17]. - The company is focusing on expanding its market presence through innovative product offerings and strategic partnerships [158]. - The company is actively participating in the "East Data West Calculation" project, collaborating with ecosystem partners to enhance its market presence [49]. - The company is expanding its market presence in various sectors, including communication and energy, with a strong emphasis on AI and big data solutions [163]. Cybersecurity Focus - The cybersecurity business focused on enhancing core products such as endpoint security and cloud security, integrating AI and big data technologies to improve threat detection and security operations [4]. - The company is adopting a zero-trust security model to enhance data protection and reduce potential breaches [18]. - The company’s cybersecurity business achieved revenue of 1.71 billion yuan in 2024, a year-on-year increase of 6.37% [42]. - The gross profit margin for the cybersecurity business improved to 61.35%, up 13.53 percentage points from 47.82% in 2023 [42]. - The company has achieved a leading position in the domestic market for its cloud security, identity security, and endpoint security products, with a market share of 1st in identity security and 2nd in endpoint security in China [54]. Technology Integration - The integration of AI in cybersecurity is enhancing capabilities in threat analysis, incident management, and data classification, with significant commercial value being realized from AI services [75][82]. - The company emphasizes a commitment to technological innovation and industry transformation as it approaches its tenth anniversary in 2025 [5]. - The company has developed an identity security management and authentication technology that enhances user identity data security, reducing misidentification rates and improving multi-modal recognition capabilities [125]. - The company has developed a cutting-edge end-to-end virtualization network slicing technology for 5G, enhancing operational efficiency and flexibility in vertical industries [130]. Industry Trends - The overall demand in the cybersecurity industry is recovering, with the company focusing on high-value customer segments and optimizing its revenue structure [3]. - The digital economy is expected to drive significant demand for digital intelligence and security products and services, with a goal for the core digital economy industry to account for around 10% of GDP by 2025 [72]. - The software industry in China is expected to grow at a compound annual growth rate (CAGR) of 12%-15% over the next 5-10 years, potentially exceeding 15 trillion yuan by 2025 and 20 trillion yuan by 2028 [74]. - The global cybersecurity IT investment is projected to reach $377 billion by 2028, with a CAGR of 11.9% from the current $215 billion in 2023 [78]. Challenges and Risks - The company faces risks related to high customer concentration, which could lead to revenue decline if major clients' demand decreases [194]. - There is a risk of core technical personnel turnover, which could delay or terminate ongoing projects and impact new product development [195]. - The company acknowledges the risk of declining industry growth rates, which could impact its performance [200]. - The industry is experiencing intensified competition due to rapid advancements in technologies such as 5G, cloud computing, and artificial intelligence, which could threaten the company's market position [199].

Financial Performance - The company reported a revenue of CNY 1.29 billion for Q1 2025, representing a 347.54% increase compared to the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 227.36 million, worsening from a loss of CNY 145.91 million in the previous year[4] - The net cash flow from operating activities was negative at CNY 685.57 million, compared to a negative CNY 204.41 million in the same period last year[4] - Total operating revenue for Q1 2025 reached approximately ¥1.29 billion, a significant increase from ¥288 million in Q1 2024, representing a growth of over 348%[21] - The net loss for Q1 2025 was approximately ¥530.85 million, worsening from a net loss of ¥147.44 million in Q1 2024[22] - The company reported a net cash outflow from operating activities of approximately ¥685.57 million in Q1 2025, compared to a net outflow of ¥204.41 million in Q1 2024[26] Research and Development - Research and development expenses totaled CNY 317.36 million, an increase of 150.08% year-on-year, accounting for 24.60% of total revenue[5] - Research and development expenses for Q1 2025 were approximately ¥305.12 million, significantly higher than ¥126.90 million in Q1 2024, reflecting an increase of about 140%[21] - The company is investing 200 million RMB in R&D for new technologies in AI and machine learning[28] Assets and Liabilities - The total assets decreased by 8.04% to CNY 12.29 billion compared to the end of the previous year[5] - As of March 31, 2025, the total current assets amounted to RMB 9,371,417,106.76, a decrease of 9.96% from RMB 10,411,443,631.34 on December 31, 2024[17] - The company's cash and cash equivalents decreased to RMB 1,869,640,117.15 from RMB 2,643,238,232.23, representing a decline of 29.2%[17] - Accounts receivable stood at RMB 2,335,706,379.63, down from RMB 2,526,796,862.64, indicating a decrease of 7.56%[17] - Total liabilities decreased to RMB 6,249,776,427.51 from RMB 6,780,059,399.77, reflecting a reduction of 7.81%[19] - The company's total equity decreased to RMB 6,044,789,913.81 from RMB 6,589,790,543.02, a decrease of 8.27%[19] Market and Strategic Initiatives - The company is focusing on high-value clients and core products while enhancing its core competitiveness and profitability in the cybersecurity and digital intelligence sectors[6] - The company continues to deepen its collaboration with HarmonyOS, developing comprehensive security solutions centered around TrustOne[6] - New product launches contributed to a 30% increase in sales in the cybersecurity segment[28] - Market expansion efforts have led to a 25% increase in market share in Southeast Asia[28] - The company announced plans for a strategic acquisition of a smaller tech firm, expected to close by Q3 2025[28] - A new partnership with a leading cloud provider is expected to drive additional revenue of 300 million RMB in 2025[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,675[12] - The top shareholder, Yaxin Xinyuan (Nanjing) Enterprise Management Co., Ltd., holds 20.24% of the shares, totaling 80,948,488 shares[13] Operational Metrics - Operating margin improved to 18%, up from 15% in the previous year[28] - The company is focusing on enhancing customer service, aiming for a 95% satisfaction rate by the end of 2025[28] - User data showed an increase in active users to 5 million, up 20% from the previous quarter[28] - The company provided a revenue guidance of 5 billion RMB for the full year 2025, indicating a projected growth of 10%[28]

独立董事关于2024年度独立性自查情况的专项意 见 亚信安全科技股份有限公司 亚信安全科技股份有限公司董事会 2025 年4 月28 日 经核查独立董事黄澄清先生、杨义先先生、郭海兰女士的任职经历以及其签 署的相关自查文件，上述人员未在公司担任除独立董事外的其他任何职务，也未 在公司主要股东公司担任任何职务，与公司以及主要股东之间不存在利害关系或 其他可能妨碍其进行独立客观判断的关系。因此，公司独立董事符合《上市公司 独立董事管理办法》《上海证券交易所上市公司自律监管指引第 1 号——规范运作 （2023 年12 月修订》中对独立董事独立性的相关要求。 根据《上市公司独立董事管理办法》《上海证券交易所科创板股票上市规则》 以及《亚信安全科技股份有限公司章程》的有关规定，亚信安全科技股份有限公 司（以下简称"公司"）董事会，就公司在任独立董事黄澄清先生、杨义先先生、 郭海兰女士的独立性情况进行评估并出具如下专项意见： ...