证券代码：688561 证券简称：奇安信 公告编号：2024-041 奇安信科技集团股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 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法律责任。 重要内容提示： 会议召开时间：2024 年 11 月 29 日(星期五)下午 16:00-17:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 11 月 22 日(星期五)至 11 月 28 日(星期四)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@qianxin.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 https://roadshow.sseinfo.com/） （三） 会议召开方式：上证路演中心网络互动方式 三、 参加人员 董事长：齐向东先生 财务总监：杨景岩女士 董事会秘书：徐文杰先生 ...

证券代码：688561 证券简称：奇安信 公告编号：2024-040 奇安信科技集团股份有限公司 关于 2022 年股票期权激励计划及 2023 年股票期权 激励计划部分股票期权注销完成的公告 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法律责任。 2024 年 11 月 22 日 奇安信科技集团股份有限公司（以下简称"公司"）于 2024 年 10 月 29 日分 别召开第二届董事会第二十三次会议与第二届监事会第二十次会议，审议通过了 《关于 2022 年股票期权激励计划第二个行权期行权条件未成就暨注销股票期权 的议案》《关于 2023 年股票期权激励计划第一个行权期行权条件未成就暨注销股 票期权的议案》。根据《奇安信科技集团股份有限公司 2022 年股票期权激励计划 （修订稿）》的相关规定，鉴于公司 2022 年股票期权激励计划中有 69 名激励对 象离职不再具备激励对象资格；以及由于 2023 年度公司层面业绩考核指标未达 到触发值，公司 2022 年股票期权激励计划第二个行权期行权条件未成就，本次 拟对公司 2022 年股 ...

北京市金杜律师事务所 T +86 10 5878 5588 F +86 10 5878 5566 关于奇安信科技集团股份有限公司 2024年第三次临时股东大会的法律意见书 www.kwm.com 致:奇安信科技集团股份有限公司 金杜律师事务所 KING&WCOD MAI I FSONS 北京市朝阳区东三环中路1号 环球金融中心办公楼东楼18层 邮编100020 18th Floor, East Tower, World Financial Center 1 Dongsanhuan Zhonglu, Chaoyang District Beijing 100020, P. R. China 北京市金杜律师事务所（以下简称本所）接受奇安信科技集团股份有限公司 (以下简称公司)的委托,根据《中华人民共和国证券法》(以下简称《证券法》)、 《中华人民共和国公司法》(以下简称《公司法》)、中国证券监督管理委员会（以 下简称中国证监会 )《上市公司股东大会规则（2022年修订 》（以下简称《股东大 会规则》）等中华人民共和国境内（以下简称中国境内，为本法律意见书之目的， 不包括中国香港特别行政区、中国澳门特别行政区和中国 ...

（一） 股东大会召开的时间：2024 年 11 月 12 日 （二） 股东大会召开的地点：北京市西城区西直门外南路 26 号院奇安信安全中 心多功能厅 证券代码：688561 证券简称：奇安信 公告编号：2024-039 奇安信科技集团股份有限公司 2024 年第三次临时股东大会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 245 | | --- | --- | | 普通股股东人数 | 245 | | 2、出席会议的股东所持有的表决权数量 | 245,447,579 | | 普通股股东所持有表决权数量 | 245,447,579 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例 | 46.8403 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 46. ...

Investment Rating - Strong Buy (Maintained) with a target price of 41 CNY, current price at 30.54 CNY [1] Core Views - Short-term performance pressure: Revenue for the first three quarters of 2024 was 2.711 billion CNY, down 26.47% YoY, with a net loss attributable to shareholders of 1.176 billion CNY, narrowing from 1.223 billion CNY in the same period last year [1][2] - Enterprise customers remain the main revenue source, accounting for 77.42% of total revenue, with large clients (over 5 million CNY) contributing nearly 50% of revenue and growing at a rate of over 17% [2] - Cost optimization and cash flow management: Total expenses decreased by 23.63% YoY, with R&D expenses down 20.47%, administrative expenses down 16.76%, and sales expenses down 29.17% [2] - Strategic collaboration with China Electronics: China Electronics increased its stake to 23.10%, aiming for deeper strategic synergy and enhanced competitiveness in national cybersecurity [2] Financial Forecasts - Revenue forecasts for 2024-2026 adjusted to 6.039 billion CNY, 7.018 billion CNY, and 7.808 billion CNY, respectively, with net profit attributable to shareholders expected to be 82 million CNY, 233 million CNY, and 382 million CNY [2] - EPS for 2024-2026 projected at 0.12 CNY, 0.34 CNY, and 0.56 CNY, respectively [3] - Valuation based on 4x PS for 2025, resulting in a target price of 41 CNY [2] Key Financial Metrics - Revenue growth rates for 2024-2026: -6.3%, 16.2%, and 11.3% [3] - Net profit growth rates for 2024-2026: 13.8%, 185.8%, and 63.8% [3] - Gross margin for 2024-2026: 60.4%, 60.1%, and 59.7% [6] - Net margin for 2024-2026: 1.4%, 3.5%, and 5.1% [6] - ROE for 2024-2026: 0.8%, 2.2%, and 3.5% [6] Market Performance - Stock price performance over the past 12 months: -57% [5] - 12-month high/low price: 49.67 CNY / 20.50 CNY [4] Industry and Company Positioning - The company is a leader in the cybersecurity industry, with a strong focus on enterprise-level clients and large-scale contracts [2] - Strategic collaboration with China Electronics is expected to enhance its market position and competitiveness in national cybersecurity [2]

奇安信科技集团股份有限公司 2024 年第三次临时股东大会会议资料 证券代码：688561 证券简称：奇安信 1 / 7 奇安信科技集团股份有限公司 2024 年第三次临时股东大会会议资料 2024 年 11 月 | 一、会议须知 | 3 | | --- | --- | | 二、会议基本情况 | 5 | | 三、会议议程 | 5 | | 四、会议议案 | 7 | | | 议案一：《关于为子公司申请综合授信额度提供担保暨关联交易的议案》.7 | 奇安信科技集团股份有限公司 2024 年第三次临时股东大会会议资料 一、会议须知 为保障奇安信科技集团股份有限公司（以下简称"公司"）全体股东的合法 权益，保证股东大会的正常秩序和议事效率，确保本次股东大会如期、顺利召开， 根据《中华人民共和国公司法》《奇安信科技集团股份有限公司章程》《奇安信 科技集团股份有限公司股东大会议事规则》及中国证监会、上交所的有关规定， 特制定本须知。 (一) 为确认出席大会的股东及股东代理人或其他出席者的出席资格，会 议工作人员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。 (二) 为保证股东大会的严肃性和正常秩序，切实维护与 ...

Group 1 - Private enterprises contribute over 70% of technological innovation results, over 80% of specialized "little giant" enterprises, and over 90% of high-tech enterprises [1] - The central government has shown determination to support the high-quality development of private enterprises through various reforms, including opening up major national research facilities to capable private enterprises [1][2] - Continuous innovation is essential for enhancing core competitiveness, with a reported R&D investment of 8 billion yuan and over 3,000 R&D personnel, accounting for over 23% of revenue in 2023 [1] Group 2 - Private enterprises can form innovation alliances, leveraging the strengths of leading companies and specialized firms to create greater economic and technological value [2] - Innovation alliances can respond quickly to market demands and enhance product and service competitiveness, facilitating the integration of technology breakthroughs and commercial applications [2] - Resource sharing and technical exchanges among private enterprises can improve the competitiveness of the entire industry chain [2] Group 3 - The central government's policies, such as easing market access and providing tax incentives, have alleviated concerns about policy uncertainty for private enterprises [2][3] - The "service package" mechanism has helped companies like Qi Anxin address challenges in financing and talent acquisition [3] - Private enterprises are encouraged to improve governance structures and management systems to enhance operational efficiency and fulfill social responsibilities [3] Group 4 - To achieve high-quality development, companies should focus on depth, breadth, thickness, and height in their strategies [4] - Depth involves specializing in key market segments to drive breakthroughs, while breadth emphasizes internationalization of products and services [4] - Thickness refers to customer-centric approaches and process improvements, and height involves benchmarking against world-class enterprises [4]

Investment Rating - The report maintains a "Buy" rating for the company and raises the target price to 45.37 CNY, reflecting an increase of 11.96% from the previous target price of 33.41 CNY [4][5]. Core Insights - The company's overall performance aligns with market expectations, with a significant increase in operating cash flow, indicating potential for future earnings to exceed expectations due to strategic positioning in data security and increased investment from China Electronics [3][4]. - The company has faced short-term revenue pressure, with a reported revenue of 2.711 billion CNY for the first three quarters, a decrease of 26.47% year-on-year, while the net profit attributable to shareholders was -1.176 billion CNY, a reduction in losses by 47 million CNY [4][5]. - The company is focusing on enhancing cash flow quality and effectively controlling expenses, with a notable improvement in operating cash flow net amounting to -1.370 billion CNY, an increase of 457 million CNY year-on-year [4][5]. Summary by Sections 1. Profit Forecast and Valuation - The company is projected to have net profits attributable to shareholders of 148 million CNY, 296 million CNY, and 456 million CNY for 2024, 2025, and 2026 respectively, with corresponding EPS of 0.22 CNY, 0.43 CNY, and 0.67 CNY [4][15]. - The report anticipates a revenue growth rate of 7%, 8%, and 10% for the network security product business from 2024 to 2026, with gross margins of 78%, 79%, and 79% [13]. - The company is positioned as a leader in the domestic network security sector, with a projected 2025 PE ratio of 105, leading to a reasonable valuation of 310.88 billion CNY [15][16]. 2. Business Segments - The network security product business includes high-growth potential products such as AI+ security and managed services, with competitive advantages in terminal security and threat detection [13]. - The company is recognized as a leading information security service provider, with plans to expand its service capabilities and maintain its competitive edge in the data security service sector [14]. - The hardware and other business segment is expected to grow at a slower pace, with projected growth rates of 5%, 8%, and 10% from 2024 to 2026 [14].

证券代码：688561 证券简称：奇安信 奇安信科技集团股份有限公司 投资者关系活动记录表 编号：2024-006 | --- | --- | --- | --- | |---------------------|------------------------------|-----------------------------------------------------------------------------------------------|--------------------------| | | | £特定对象调研 £分析师会议 £媒体采访 | £ 现场参观 | | 投资者关系活动类 别 | R 业绩说明会 | 路演活动 £一对一沟通 | | | | £新闻发布会 £其他 | | | | 参与单位及人员 | 本次参会机构共 105 | 家，参会人员 120 | 人，具体名单详见文后附录 | | 时间 | 2024 年 10 月 31 | 点 00 分 -11 点 15 分 | | | 方式 | 线上会议 | | | | | | 董事长齐向东；董事、总裁吴云坤；董事会秘书徐文杰；财 ...

18th Floor, East Tower, World Financial Center 1 Dongsanhuan Zhonglu, Chaoyang District Beijing 100020, P. R. China T +86 10 5878 5588 F +86 10 5878 5566 www.kwm.com 北京市金杜律师事务所 关于奇安信科技集团股份有限公司 令杜律师事务所 KING&WCOD MAI IFSONS 北京市朝阳区东三环中路1号 环球金融中心办公楼东楼18层 邮编100020 2020 年限制性股票激励计划首次授予部分第四个归属期及 预留授予部分第三个归属期限制性股票作废相关事项的 法律意见书 致:奇安信科技集团股份有限公司 北京市金杜律师事务所（以下简称金杜）接受奇安信科技集团股份有限公司 (以下简称公司或奇安信）的委托，作为公司 2020 年限制性股票激励计划(以下 简称本计划）的专项法律顾问,根据《中华人民共和国公司法》(以下简称《公司 法》)、《中华人民共和国证券法》（以下简称《证券法》）、中国证券监督管理委员 会（以下简称中国证监会 )《上市公司股权激励管理办法 ...