Core Viewpoint - The company, Suzhou Industrial Park Lingzhi Software Co., Ltd., has released its quarterly report, ensuring the accuracy and completeness of the financial information presented, and has outlined its stock incentive plans for 2025 [2][3][6]. Financial Data - The quarterly financial report for the first quarter of 2025 is not audited [3][8]. - The company has confirmed that there were no significant changes in the financial indicators and accounting data compared to the previous period [4][9]. Shareholder Information - As of March 31, 2025, the company holds 10,080,000 shares in its repurchase account, representing 2.52% of total shares [4]. - The report includes details on major shareholders and their participation in stock lending activities [5]. Stock Incentive Plans - On March 19, 2025, the company approved the 2025 Restricted Stock Incentive Plan and its management measures during board and supervisory meetings [6][7]. - The first extraordinary shareholders' meeting of 2025, held on April 11, approved the same incentive plan and authorized the board to handle related matters [7]. - On April 17, 2025, the company approved the initial grant of restricted stock to the incentive plan participants [7].

苏州工业园区凌志软件股份有限公司 2024 年年度股东大会会议资料 证券代码：688588 证券简称：凌志软件 苏州工业园区凌志软件股份有限公司 2024 年年度股东大会会议资料 二〇二五年五月 1 / 29 苏州工业园区凌志软件股份有限公司 2024 年年度股东大会会议资料 苏州工业园区凌志软件股份有限公司 2024 年年度股东大会会议资料目录 | | 苏州工业园区凌志软件股份有限公司 | | 2024 年年度股东大会会议须知 ------------------ | 3 | | --- | --- | --- | --- | --- | | | 苏州工业园区凌志软件股份有限公司 | | 2024 年年度股东大会会议议程 ------------------ | 5 | | 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《董事会 | 2024 | 年度工作报告》的议案 ----------------------------- | 8 | | 议案三 | 关于公司《监事会 | 2024 | ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a significant price increase in the next 6-12 months [4]. Core Insights - The company reported a revenue of 2.52 billion yuan for Q1 2025, a year-on-year decrease of 5.88%, but achieved a net profit of 0.66 billion yuan, turning from loss to profit mainly due to increased exchange gains from the rising Japanese yen [2]. - For the full year 2024, the company achieved a revenue of 11.14 billion yuan, a year-on-year growth of 59.99%, primarily due to the acquisition of Zhiming Software in November 2023, which expanded the consolidation scope [2]. - The net profit for 2024 was 1.24 billion yuan, a year-on-year increase of 43.65%, largely attributed to the transfer of equity in Beijing Reyun, which confirmed an investment income of 0.26 billion yuan [2]. - The company plans to distribute a cash dividend of 2 yuan per 10 shares, totaling approximately 0.78 billion yuan, which accounts for 62.74% of the 2024 net profit [2]. Revenue and Profit Analysis - In 2024, the company's revenue from software development services in Japan reached 10.21 billion yuan, a year-on-year increase of 71.31%, with a gross margin of 31.59%, down 4.01 percentage points from the previous year [3]. - The Japanese subsidiary Zhiming generated revenue of 4.37 billion yuan, handling nearly 50% of the external outsourcing volume for the Nomura Research Institute's THE STAR system and about 80% for the I-STAR system [3]. - The domestic industry application software solutions segment saw a revenue decline of 8.58% to 0.91 billion yuan, influenced by the market conditions and IT investment pace of domestic brokerages [3]. Future Projections - Revenue projections for 2025 to 2027 are estimated at 12.18 billion yuan, 13.56 billion yuan, and 15.22 billion yuan, reflecting year-on-year growth rates of 9.28%, 11.35%, and 12.27% respectively [4]. - The expected net profits for the same period are 1.62 billion yuan, 2.00 billion yuan, and 2.46 billion yuan, corresponding to price-to-earnings ratios of 30.25, 24.44, and 19.87 [4].

Financial Performance - The company's operating revenue for Q1 2025 was ¥252,251,585.41, representing a decrease of 5.88% compared to ¥268,014,443.88 in the same period last year[4] - Net profit attributable to shareholders was ¥65,528,927.40, a significant improvement from a loss of ¥9,828,319.91 in the previous year[4] - Basic and diluted earnings per share were both ¥0.1680, recovering from a loss of ¥0.0246 in the same period last year[4] - The company reported a net profit margin improvement due to reduced operating costs, although specific profit figures were not disclosed in the provided content[21] - The net profit for Q1 2025 reached ¥65,231,528.14, a significant recovery from a net loss of ¥9,977,857.79 in Q1 2024, marking a turnaround of over 700%[22] - Operating profit for the period was ¥74,390,850.62, compared to an operating loss of ¥6,359,055.75 in the same quarter last year[22] - Total revenue from operating activities increased to ¥296,561,592.10 in Q1 2025, up from ¥280,428,910.22 in Q1 2024, reflecting a growth of approximately 5.4%[26] - The total comprehensive income for Q1 2025 was ¥65,469,852.54, compared to ¥37,987.10 in Q1 2024, indicating a strong improvement in overall financial performance[23] Cash Flow and Assets - The net cash flow from operating activities was -¥32,696,451.07, worsening from -¥20,414,452.60 year-on-year[4] - Cash and cash equivalents as of March 31, 2025, amounted to CNY 909,971,443.78, an increase of 13.4% from CNY 802,275,964.57 on December 31, 2024[16] - Cash and cash equivalents at the end of Q1 2025 totaled ¥909,968,985.84, an increase from ¥751,737,654.93 at the end of Q1 2024[27] - The company generated ¥179,415,701.02 in cash inflow from investing activities in Q1 2025, compared to ¥68,355,494.82 in Q1 2024, showing a substantial increase of over 162%[26] - Financing activities resulted in a net cash outflow of -¥5,952,500.00 in Q1 2025, a significant decrease from a net inflow of ¥61,898,499.76 in Q1 2024[27] - Total assets at the end of the reporting period were ¥1,803,071,957.31, a slight increase of 0.71% from ¥1,790,370,611.73 at the end of the previous year[5] - The company's non-current assets totaled CNY 625,386,483.54 as of March 31, 2025, an increase from CNY 601,148,792.13 at the end of 2024[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,014[9] - Zhang Baoquan and Wu Yanfang are the controlling shareholders, holding 19.86% and 16.67% of shares respectively[10] - The top 10 shareholders hold a total of 4,000,000 shares, with the largest shareholder holding 79,425,226 shares[9] - The company has a total of 10,080,000 shares held in a repurchase account, representing 2.52% of total shares[10] - The top shareholder, Zhang Baoquan, also holds interests in multiple partnership entities related to the company[10] - The shareholder structure indicates a significant concentration of ownership among the top shareholders[9] Research and Development - Research and development expenses totaled ¥20,636,421.38, an increase of 17.84% from ¥17,511,604.68, representing 8.18% of operating revenue, up from 6.53%[5] - Research and development expenses rose to ¥20,636,421.38 in Q1 2025, compared to ¥17,511,604.68 in Q1 2024, indicating an increase of about 17.5%[22] Corporate Actions - The company plans to implement a restricted stock incentive plan in 2025, approved by the board on March 19, 2025[13] - The company approved a restricted stock incentive plan for 2025 during the first extraordinary general meeting on April 11, 2025[14] - The board approved the first grant of restricted stock to incentive objects under the 2025 plan on April 17, 2025[14] Other Information - Non-recurring gains and losses amounted to ¥5,772,090.38, with significant contributions from government subsidies and other non-operating income[6] - The company attributed the increase in net profit to favorable exchange rate movements of the Japanese yen during the reporting period[7] - The company has not reported any changes in the number of shares lent or returned compared to the previous period[12] - The company has not disclosed any other significant operational changes during the reporting period[13]

| 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.1680 | -0.0246 | 782.93 | 0.0996 | | 每股净资产（元） | 3.29 | 3.02 | 8.94 | 3.42 | | 每股公积金(元) | 0.88 | 0.88 | 0 | 0.88 | | 每股未分配利润(元) | 1.41 | 1.13 | 24.78 | 1.25 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 2.52 | 2.68 | -5.97 | 1.67 | | 净利润(亿元) | 0.66 | -0.1 | 760 | 0.4 | | 净资产收益率(%) | 5.10 | -0.82 | 721.95 | 2.92 | 数据四舍五入，查看更多财务数据>> 一、主要会计数据和财务指标 二、前10名无限售条件股东持股情况 三、分红送配方案情况 本次公司不分配不转赠。 | 名称 | 持有数量(万股) | 占总股 ...

Group 1 - The core point of the announcement is that Lingzhi Software reported a revenue of 252 million yuan for the first quarter of 2025, which represents a year-on-year decline of 5.88% [1] - The net profit for the same period was 65.53 million yuan, a significant improvement compared to a net loss of 9.83 million yuan in the same quarter last year [1]

证券代码：688588 证券简称：凌志软件 公告编号：2025-032 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 2025 年 4 月 25 日（星期五）至 5 月 6 日（星期二）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 （info@linkstec.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。 苏州工业园区凌志软件股份有限公司（以下简称"公司"）已于 2025 年 4 月 18 日发布公司 2024 年年度报告、并拟于 2025 年 4 月 30 日发布公司 2025 年 第一季度报告，为便于广大投资者更全面深入地了解公司 2024 年度及 2025 年第 一季度的经营成果、财务状况，公司计划于 2025 年 5 月 7 日（星期三）下午 16:00-17:00 举行 2024 年度暨 2025 年第一季度业绩说明会，就投资者关心的问 题进行交流。 一、 说明会类型 苏州工业园区凌志软件股份有限公司 关于召开 2024 年度暨 2 ...

Core Insights - Lingzhi Software reported a significant revenue growth of 59.99% year-on-year, reaching 1.114 billion yuan in 2024, while net profit increased by 43.65% to 124 million yuan, indicating challenges in cost control and profitability despite revenue growth [1][6] Group 1: Business Performance - The company's revenue from its Japan software development business grew by 71.31% to 1.021 billion yuan, supported by the acquisition of Zhiming Software, which strengthened its market position in Japan [4] - The decline in the Japanese yen's exchange rate negatively impacted the company's revenue and net profit growth, highlighting the risks associated with currency fluctuations [4] - Lingzhi Software made significant progress in various projects, including insurance digitization and maritime information platforms, enhancing operational efficiency and competitiveness in the Japanese market [4] Group 2: Domestic Business Expansion - In the domestic market, Lingzhi Software capitalized on opportunities in capital market reforms and fintech development, achieving steady growth in core securities solutions and breakthroughs in new areas such as fund management and futures [4] - The launch of comprehensive financial service solutions and intelligent wealth management platforms further solidified the company's leading position in the industry [5] Group 3: Technological Advancements - The company increased its R&D investment to 68.836 million yuan in 2024, focusing on AI technology applications, particularly in investment banking [5] - Lingzhi Software has obtained 7 invention patents and 358 software copyrights, indicating a strong commitment to innovation [5] - The introduction of AI-driven tools, such as the "Investment Bank IPO Prospectus Pre-review Agent," demonstrates the company's proactive approach to enhancing service quality through technology [5] Group 4: Future Challenges - Despite the revenue growth, the slowdown in net profit growth, uncertainties from exchange rate fluctuations, and ongoing R&D investments present significant challenges for the company [6] - The ability to expand business scale while improving profitability and cost control will be crucial for Lingzhi Software's future development [6]

Group 1 - The company plans to distribute cash dividends of RMB 2 per share to shareholders, totaling approximately RMB 77.99 million, which accounts for 62.74% of the net profit attributable to shareholders for the year 2024 [3][4] - The company is a financial software provider, focusing on software development for the financial industry, including securities, insurance, banking, trust, and asset management [5][6] - The company has established long-term partnerships with major financial institutions in Japan, enhancing its market share in core trading system development [6][15] Group 2 - The company has expanded its domestic application software solutions business, leveraging its experience in Japanese software development to provide various financial industry software products and solutions [7][16] - The software industry in China is experiencing steady growth, with software business revenue reaching RMB 1.37 trillion in 2024, a year-on-year increase of 10% [14] - The company is positioned in the upstream of the software development service industry chain, providing high-tech and high-value-added software development services [14][15] Group 3 - The company has adopted a research and development model that focuses on cutting-edge technology and market demand, ensuring that its offerings remain competitive [9] - The company’s sales model includes direct negotiations with Japanese clients and product-driven sales strategies in the domestic market [12][13] - The company is actively involved in the digital economy, with a focus on integrating artificial intelligence and other emerging technologies into its financial services [17][24]

证券代码：688588 证券简称：凌志软件 公告编号：2025-025 苏州工业园区凌志软件股份有限公司 关于召开 2024 年年度股东大会的通知 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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2024 年年度股东大会 召开日期时间：2025 年 5 月 19 日 15 点 00 分 股东大会召开日期：2025年5月19日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 召开地点：上海市普陀区大渡河路 388 弄 5 号楼 5 楼公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交 ...