Investment Rating - The investment rating for the company is "Buy" (maintained) [1][9]. Core Views - The company has demonstrated robust growth in operational data, with a focus on low-altitude benchmark projects accelerating implementation [1]. - The company reported a revenue of 637 million yuan for H1 2024, representing a year-on-year increase of 21.02%, while the net profit attributable to shareholders was a loss of 5 million yuan, showing a reduction in losses [2]. - The company is solidifying its leading position in civil aviation management and accelerating the formation of an integrated development pattern of "high-altitude - low-altitude - ground" [3]. Summary by Sections Financial Performance - In Q2 2024, the company achieved a revenue of 393 million yuan, a year-on-year increase of 12.14%, but the net profit attributable to shareholders decreased by 46.85% [2]. - The company's gross margin for H1 2024 was 21.89%, down by 8.29 percentage points year-on-year, attributed to the rapid growth of the relatively low-margin urban traffic management business [6]. Business Development - The company is advancing its low-altitude product line, including the "Tianmu" series, and has established strategic collaborations with over 20 provinces and cities [3]. - The company is enhancing its integrated vehicle-road-cloud capabilities and expanding its market presence in urban traffic management, providing related information services in cities like Nanjing and Chongqing [4]. Future Outlook - Revenue is expected to accelerate in H2 2024, driven by the seasonal nature of project acceptance [6]. - The company forecasts revenues of 1.996 billion yuan, 2.472 billion yuan, and 3.105 billion yuan for 2024, 2025, and 2026 respectively, with net profits projected at 161 million yuan, 200 million yuan, and 247 million yuan for the same years [7].

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company has demonstrated steady revenue growth, with a reported revenue of 637 million yuan for the first half of 2024, representing a year-on-year increase of 21.02%. The net loss attributable to shareholders narrowed to 5.45 million yuan [2][3] - The company is consolidating its position as a leader in civil aviation management and is building a low-altitude flight service system, with significant projects launched in various cities [2][3] Financial Performance Summary - For Q2 2024, the company achieved revenue of 393 million yuan, a year-on-year increase of 12.14%. The net profit attributable to shareholders was 10 million yuan, down 46.85% year-on-year. The gross margin and net margin for Q2 were 22.04% and 2.59%, respectively, both showing a decline compared to the previous year [2][3] - The company is expected to achieve revenues of 1.962 billion yuan, 2.284 billion yuan, and 2.672 billion yuan for 2024, 2025, and 2026, respectively, with corresponding net profits of 156 million yuan, 187 million yuan, and 226 million yuan [3][4] Revenue Growth and Profitability - The company’s revenue growth rates are projected at 17.09% for 2024, 16.37% for 2025, and 17.02% for 2026. The net profit growth rates are expected to be 18.29%, 19.70%, and 20.79% for the same years [4][6] - The earnings per share (EPS) are forecasted to be 0.96 yuan, 1.14 yuan, and 1.38 yuan for 2024, 2025, and 2026, respectively [4][6] Market Position and Strategic Initiatives - The company is enhancing its strategic partnerships with various civil aviation authorities to explore industry upgrades and technological breakthroughs [2][3] - In the low-altitude sector, the company is accelerating the development of its "Tianmu" series products and has engaged in strategic collaborations with over 20 provinces and cities to promote low-altitude economic development [2][3]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company achieved a revenue of 637 million yuan in H1 2024, representing a year-on-year growth of 21%. The net profit attributable to shareholders was a loss of 5.45 million yuan, narrowing the loss by 56.54% year-on-year, which aligns with market expectations [1] - Revenue growth is primarily driven by increased sales in the urban road traffic management sector. The narrowing of net profit loss is attributed to enhanced budget and expense control, as well as an increase in VAT refunds for software products [1] - In Q2 2024, the company reported a revenue of 393 million yuan, a year-on-year increase of 12.14%. The net profit attributable to shareholders for Q2 2024 was 10.28 million yuan, a decrease of 46.85% year-on-year [1] - The gross margin for H1 2024 was 21.89%, a decrease of 8.29 percentage points, likely due to the higher revenue contribution from lower-margin traffic management services. The expense ratios for sales and management were 7.34% and 8.63%, respectively, both showing significant reductions [1] Revenue and Profit Forecast - The company forecasts EPS of 1.00 yuan for 2024, 1.28 yuan for 2025, and 1.64 yuan for 2026. The expected revenue for 2024 is 2,016 million yuan, with a year-on-year growth of 20.29% [2][8] - The net profit attributable to shareholders is projected to be 163.82 million yuan in 2024, reflecting a year-on-year growth of 24.02% [2][8] Product Development and Market Strategy - The company is actively developing core products in the low-altitude sector, including the "Tianmu" series, which consists of various systems aimed at establishing a comprehensive low-altitude service framework. This initiative is intended to strengthen the company's position in the low-altitude market [2] - The company is collaborating with over 20 provinces and cities, including major urban areas, to promote low-altitude economic development and has achieved preliminary results in some regions [2]

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥637,497,515.31, representing a 21.02% increase compared to ¥526,784,874.97 in the same period last year[14]. - The net profit attributable to shareholders of the listed company was -¥5,451,894.35, an improvement from -¥12,545,559.90 in the previous year[14]. - The net cash flow from operating activities was -¥408,468,914.60, compared to -¥378,910,184.96 in the same period last year[14]. - The total assets decreased by 7.09% to ¥3,472,139,909.41 from ¥3,737,113,414.29 at the end of the previous year[14]. - The net assets attributable to shareholders of the listed company decreased by 3.89% to ¥1,792,286,614.31 from ¥1,864,761,208.66 at the end of the previous year[14]. - Basic earnings per share for the reporting period (1-6 months) was -0.03 RMB, an improvement from -0.10 RMB in the same period last year[15]. - Diluted earnings per share for the reporting period was -0.03 RMB, compared to -0.10 RMB in the previous year[15]. - The overall management expense ratio and sales expense ratio have decreased year-on-year, contributing to improved profitability[15]. - The company achieved operating revenue of 637.50 million yuan in the first half of 2024, representing a year-on-year growth of 21.02%[56]. - The net profit attributable to shareholders was -5.45 million yuan, indicating an overall improvement in operational data compared to the same period last year[56]. Research and Development - Research and development expenses accounted for 10.72% of operating revenue, a decrease of 0.64 percentage points compared to the previous year[15]. - R&D investment totaled approximately ¥68.36 million, representing a 14.26% increase compared to the previous year, while the ratio of R&D investment to revenue decreased by 0.64 percentage points to 10.72%[38]. - The company has developed 30 core technologies in air traffic management and urban governance, with significant advancements in data processing and decision-making capabilities[34]. - The company has established a three-tier R&D model focusing on industry-specific technology breakthroughs, with independent R&D teams for each sector, ensuring a structured approach to product development[30]. - The company reported a total R&D expenditure of 32,830 million RMB for the first half of 2024, with a significant increase in R&D personnel to 303, representing 35.23% of the total workforce[49]. - The average salary for R&D personnel increased to 15.00 million RMB, up from 13.20 million RMB in the previous year, indicating a focus on attracting and retaining talent[49]. Market Position and Strategy - The company operates in the civil command information system sector, focusing on air traffic management, urban traffic management, and urban governance[19]. - The company is positioned in the midstream of the air traffic management industry, emphasizing the development of domestic products and core technology independence[20]. - The company is actively expanding its low-altitude flight service capabilities, positioning itself as one of the few firms capable of providing comprehensive information solutions across high-altitude, low-altitude, and ground operations[27]. - The company has established partnerships with several universities to enhance its technological capabilities and meet diverse customer needs[30]. - The company is focused on modernizing urban governance through the development of a "smart city brain" and has created several benchmark projects in urban governance[29]. - The company has established a comprehensive marketing and management model with a focus on regional entities and local partnerships, enhancing its market coverage through over 20 branches[32]. Financial Health and Risks - The company reported a significant increase of 230.14% in other payables, totaling ¥60,349,267.38 compared to ¥18,279,747.56 last year[88]. - The company’s cash flow from investing activities was positively impacted by interest income from structured deposits[84]. - The company is exposed to risks related to macroeconomic fluctuations, which could affect the demand from its major clients in air traffic management and urban governance sectors[71]. - The company faces risks from intensified industry competition, particularly in urban traffic management, as new market entrants emerge and customer demands diversify[72]. - The company’s controlling shareholder holds 60.32% of the shares, which poses potential risks regarding governance and decision-making[78]. - The company’s operating scale expansion may lead to increased management risks if internal controls and governance do not keep pace with growth[77]. Environmental and Social Responsibility - The company invested 30.2 million yuan in environmental protection during the reporting period[94]. - The company has established an environmental protection mechanism and complies with national environmental laws and standards[95]. - The company actively implements carbon reduction measures, focusing on energy-saving products and optimizing production processes[96]. - The company participated in significant national events, demonstrating its commitment to social responsibility and public welfare[97]. Shareholder Commitments and Governance - The company has committed to a share lock-up period of 36 months from the date of listing for its indirect holdings in Lais Information, which began on June 17, 2022[98]. - The company has fulfilled all commitments related to share lock-up and other commitments as of the reporting period[98]. - The company will not transfer or entrust the management of its shares in Lais Information for 36 months unless required by laws or regulations[99]. - The company has maintained compliance with all commitments made to shareholders and stakeholders during the reporting period[99]. - The company commits to compensating any losses incurred by investors due to non-fulfillment of its commitments[100]. - The company will ensure compliance with laws and regulations regarding related transactions to protect the interests of Lais Information and its shareholders[150].

南京莱斯信息技术股份有限公司 关于中国电子科技财务有限公司的风险持续评估报告 根据《关于规范上市公司与企业集团财务公司业务往来的通知》（证监发 〔2022〕48 号）的要求，南京莱斯信息技术股份有限公司（以下简称"莱斯信 息"）通过查验中国电子科技财务有限公司（以下简称"财务公司"）《金融许 可证》《企业法人营业执照》等证件资料，并审阅了财务公司包括资产负债表、 利润表、现金流量表等财务报告，对财务公司的经营资质、业务和风险状况进行 了评估，现将风险持续评估情况报告如下： 一、财务公司基本情况 中国电子科技财务有限公司是经国家金融监督管理总局（原中国银行保险监 督管理委员会）批准（金融许可证编号：L0167H211000001）、北京市市场监督 管理局登记注册（统一社会信用代码：91110000717834993R）的非银行金融机构， 依法接受国家金融监督管理总局的监督管理。 企业名称：中国电子科技财务有限公司 注册地址：北京市石景山区金府路 30 号院 2 号楼 101 1、3-8 层 法定代表人：杨志军 注册资本：580,000 万元人民币 统一社会信用代码：91110000717834993R 金融许可 ...

证券代码：688631 证券简称：莱斯信息 公告编号：2024-022 南京莱斯信息技术股份有限公司 第五届监事会第十三次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 南京莱斯信息技术股份有限公司（以下简称"公司"）第五届监事会第十三 次会议于 2024 年 8 月 28 日以现场表决方式召开，本次会议通知已于 2024 年 8 月 16 日以直接送达、电子邮件方式送达公司全体监事。本次会议由监事会主席 顾宁平先生主持，本次会议应到监事 3 人，实到监事 3 人。本次会议的召集、召 开符合《中华人民共和国公司法》等相关法律、行政法规、规范性文件和《南京 莱斯信息技术股份有限公司章程》的有关规定。 二、监事会会议审议情况 经与会监事审议，做出以下决议： （一）审议通过《关于公司 2024 年半年度报告及摘要的议案》 监事会认为：董事会编制和审核公司 2024 年半年度报告及摘要的程序符合 法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了 2024 年半年度的经营管理和 ...

证券代码：688631 证券简称：莱斯信息 公告编号：2024-023 南京莱斯信息技术股份有限公司 关于 2024 年半年度募集资金存放与实际使用情况的 专项报告 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。 根据《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》《上 海证券交易所科创板股票上市规则》等有关法律、法规及相关文件的规定，南京 莱斯信息技术股份有限公司（以下简称"公司"）就 2024 年半年度募集资金存 放与实际使用情况的专项报告说明如下： 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 根据中国证券监督管理委员会作出的《关于同意南京莱斯信息技术股份有限 公司首次公开发行股票注册的批复》（证监许可〔2023〕805号），公司首次公 开发行人民币普通股4,087万股，发行价格25.28元/股，新股发行募集资金总额 为103,319.36万元，扣除发行费用后，募集资金净额为96,979.59万元。容诚会 计师事务 ...

证券代码：688631 证券简称：莱斯信息 公告编号：2024-021 暨持股 5%以上股东权益变动达到 1%的提示性公告 中国建银投资有限责任公司（以下简称"转让方"）保证向南京莱斯信息技术 股份有限公司（以下简称"莱斯信息"或"公司"）提供的信息内容不存在任何虚 假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性依法承担法律 责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示: 本次询价转让的价格为 46.68 元/股，转让的股票数量为 1,634,700 股。 公司控股股东、实际控制人、董事、监事及高级管理人员不参与本次询价 转让。 本次转让不会导致公司控股股东、实际控制人发生变化。 受让方通过询价转让受让的股份，在受让后 6 个月内不得转让。 本次询价转让后， 转让方中国建银投资有限责任公司持股比例由 11.62%减 少至 10.62%，权益变动比例达到 1%。 南京莱斯信息技术股份有限公司 股东询价转让结果报告书 | 序 | 股东姓 | 持股数量 | 持股比 | 拟转让数 | 实际转让数 | 实际转 让数量 | 转让后 | | --- | --- | ...

中国国际会融股份有限公司 关于南京莱斯信息技术股份有限公司 股东向特定机构投资者询价转让股份的核查报告 上海证券交易所: 中国国际金融股份有限公司(以下简称"中金公司") 受南京莱斯信息技 术股份有限公司（以下简称"莱斯信息"）股东中国建银投资有限责任公司 (以下简称"中国建投"、"出让方"）委托,担任本次菜斯信息股东向特定 机构投资者询价转让(以下简称"本次询价转让"）的组织券商。 经核查,中金公司就本次询价转让的股东、受让方是否符合《上海证券交 易所科创板上市公司自律监管指引第 4 号 -- 询价转让和配售》（以下简称 "《询价转让和配售指引》")要求,本次询价转让的询价、转让过程与结果 是否公平、公正,是否符合《询价转让和配售指引》的规定作出如下报告说明。 一、本次询价转让概述 (一)本次询价转让方 截至 2024 年 7 月 30 日转让方所持公司首发前股份的数量及占公司总股本 比例情况如下: | 序号 | 股东名称 | 持股数量(股) | 持股比例 | | --- | --- | --- | --- | | | 中国建银投资有限责任公司 | 19, 000, 000 | 11.62% | (二) 本 ...

证券代码：688631 证券简称：莱斯信息 公告编号：2024-020 南京莱斯信息技术股份有限公司 股东询价转让定价情况提示性公告 中国建银投资有限责任公司（以下简称"出让方"）保证向南京莱斯信息 技术股份有限公司（以下简称"莱斯信息"或"公司"）提供的信息内容不存 在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性 依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 重要内容提示： 根据 2024 年 7 月 30 日询价申购情况，初步确定的本次询价转让价格为 46.68 元/股。 受让方通过询价转让受让的股份，在受让后 6 个月内不得转让。 一、本次询价转让初步定价 （一）经向机构投资者询价后，初步确定的转让价格为 46.68 元/股。 （二）参与本次询价转让报价的机构投资者家数为 10 家，涵盖了基金管理 公司、QFII、私募基金管理人等专业机构投资者。参与本次询价转让报价的机 构投资者合计有效认购股份数量为 1,860,000 股，对应的有效认购倍数为 1.14 倍。 （三）本次询价转让拟转让股份已获全额认购，初步确定受让方为 10 家机 构投 ...