Core Viewpoint - The company focuses on cybersecurity and has expanded into satellite internet security, offering comprehensive solutions in this area [1] Group 1: Business Focus - The company's core business is centered on cybersecurity, with an extension into satellite internet security [1] - In the satellite internet security sector, the company has developed a full-loop security solution that includes satellite internet mapping, encryption of satellite communications, vulnerability analysis, and security reinforcement [1] Group 2: Technical Capabilities - The company's satellite internet security technologies and products are capable of servicing space stations and manned spacecraft, although no projects have been implemented yet [1] - The company is committed to monitoring cutting-edge technologies and industry trends, aiming to explore expansion directions based on its cybersecurity technology accumulation and market demand [1]

Core Viewpoint - Shengbang Security (688651) has shown a slight increase in stock price, closing at 37.7 yuan, reflecting a 1.7% rise from the previous week, with a total market capitalization of 2.843 billion yuan [1] Company Announcements - Shengbang Security's subsidiary, Beijing Shengbang Saiyun Technology Co., Ltd., received a government subsidy of 2.175 million yuan, which accounts for 52.09% of the company's audited net profit for the most recent fiscal year [1] - The government subsidy is related to the company's regular business activities and is expected to have a positive impact on the company's operating performance [1] - The subsidy data is unaudited, and the specific accounting treatment and its impact on the company's profit and loss will be confirmed by the annual audit results [1]

证券代码：688651 证券简称：盛邦安全 公告编号：2025-031 远江盛邦安全科技集团股份有限公司 获得政府补助的公告 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。 特此公告。 远江盛邦安全科技集团股份有限公司董事会 2025 年 7 月 29 日 一、获得补助的基本情况 远江盛邦安全科技集团股份有限公司（以下简称"公司）子公司北京盛邦赛云 科技有限公司（以下简称"盛邦赛云"）近日收到与收益相关的政府补助款217.50 万元，占公司最近一个会计年度经审计净利润的比例为52.09%。上述政府补助与公 司日常经营活动有关。 二、补助的类型及其对上市公司的影响 公司根据《企业会计准则第 16 号——政府补助》的相关规定，上述补助确认为 与收益相关的政府补助，预计对公司经营业绩产生一定积极影响。上述政府补助数 据未经审计，具体的会计处理以及对公司损益的影响须以审计机构年度审计确认后 的结果为准。敬请广大投资者注意投资风险。 ...

2025年6月，我国成功将卫星互联网低轨04组卫星送入预定轨道。自2024年12月16日成功发射卫星互联 网低轨01组卫星以来，我国已完成四次低轨卫星发射任务，展现了我国在卫星互联网领域的快速进步。 这也让盛邦安全董事长权小文更加坚定了他多年前的选择，并对公司未来发展充满信心。 从"打短工"到行业标杆： 十五年前，面对老东家的不看好以及网络安全行业日益激烈的竞争，不甘心成为外企"螺丝钉"的权小文 毅然决定创业。面对完全市场化的残酷竞争，创业团队靠着"吹过的牛必须自己兑现"的信念，通过给大 厂"打零工"的方式，慢慢在业内找到一席之地，逐渐站稳了脚跟。 当谈及这段成功的创业历程时，权小文谦逊地表示，其中不乏"运气"的因素。他直言，正是因为工程师 的"迟钝"基因，公司与接连涌现的热门风口擦身而过，当行业回归理性时，迎来了真正属于公司的机 会。从漏洞扫描起步，盛邦安全的业务现已覆盖场景化安全、网络空间地图和卫星互联网安全，成为我 国网络信息安全行业的重要参与者。 工程师的长期主义突围战 "我们内部常讲'坚持长期主义'，要敢于耐下心坐'冷板凳'，唯有这样才能将机会做深做透，好多机会都 是熬出来的。"复盘创业历程，权小文 ...

Key Points - The company, Yuanjiang Shengbang Security Technology Group Co., Ltd., is set to list 944,000 shares as part of its initial public offering (IPO) strategic placement, with a lock-up period of 24 months [1][2] - The shares will become tradable on July 28, 2025, marking the end of the lock-up period [1][3] - The total share capital of the company is 75.399 million shares, with 59,622,753 shares subject to lock-up and 15,776,247 shares freely tradable [1][2] - The strategic placement shares represent 1.2520% of the company's total share capital [2][3] - The shareholder involved in this strategic placement is Guotai Junan Zhenyu Investment Co., Ltd., which has committed to a 24-month lock-up period starting from the IPO date [2][4] - The company has not experienced any changes in share capital due to profit distribution or other factors since the formation of the lock-up shares [2][3] - The sponsor has confirmed that the company has adhered to all commitments made during the IPO process, and the listing of the lock-up shares complies with relevant regulations [4]

本次股票上市类型为首发战略配售股份（限售期 24 月）；股票认购方式 为网下，上市股数为944,000股。本公司确认，上市流通数量等于该限售期的全部 战略配售股份数量。 本次股票上市流通总数为944,000股。 证券代码：688651 证券简称：盛邦安全 公告编号：2025-030 远江盛邦安全科技集团股份有限公司 首次公开发行部分限售股上市流通公告 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： 本次股票上市流通日期为2025 年 7 月 28 日。 一、本次上市流通的限售股类型 中国证券监督管理委员会于 2023年5月30日发布证监许可[2023]1172号《关 于同意远江盛邦（北京）网络安全科技股份有限公司首次公开发行股票注册的批 复》，同意远江盛邦（北京）网络安全科技股份有限公司（以下简称"公司"） 首次公开发行股票的注册申请，公司首次向社会公众公开发行人民币普通股（A 股） 1,888 万股，并于 2023 年 7 月 26 日在上海证券交易所科创板上市。发行完成后， 公司总股本为 7,539.9 ...

国泰海通证券股份有限公司 关于远江盛邦安全科技集团股份有限公司 首次公开发行部分限售股上市流通的核查意见 国泰海通证券股份有限公司(以下简称"国泰海通"或"保荐机构")作为 远江盛邦安全科技集团股份有限公司(以下简称"盛邦安全"或"公司")首次 公开发行股票并在科创板上市及持续督导的保荐机构,根据《证券发行上市保荐 业务管理办法》《上海证券交易所科创板股票上市规则》《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》等法律法规的相关规定,对盛邦 安全首次公开发行部分限售股上市流通事项进行了核查,核查情况及核查意见如 下: 一、本次上市流通的限售股类型 中国证券监督管理委员会于 2023年5月30日出具《关于同意远江盛邦(北 京 ) 网络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 [2023]1172 号),同意公司首次公开发行股票的注册申请。公司首次向社会公开 发行人民币普通股(A 股)1,888万股,并于 2023年 7月 26日在上海证券交易 所科创板上市交易,发行完成后总股本为7.539.9万股,其中有限售条件流通股 59,622,753 股,无限售条件流通股 15.7 ...

Group 1 - The implementation of the "National Network Identity Authentication Public Service Management Measures" will begin on July 15, 2025, as announced by six departments including the Ministry of Public Security and the National Internet Information Office [1][3] - The management measures consist of 16 articles that define the concepts of national network identity authentication services, including the network number and network certificate, as well as their application scenarios and responsibilities for data security and personal information protection [1][2] - The introduction of network numbers and certificates is expected to create significant demand for identity verification equipment, including chips, modules, and complete machines, particularly in offline scenarios [1][2] Group 2 - Longjiang Securities highlights that the establishment of a trusted digital identity system is crucial for the development of the digital economy, with China's network number and certificate potentially forming its own trusted digital identity system [2] - The official release of the management measures may accelerate the integration of certain online applications with the relevant certification systems, driving demand for certification system construction and related equipment [2][6] Group 3 - Companies to watch include those involved in the construction of network identity authentication platforms, those with expertise in CTID and eID technologies, and hardware manufacturers related to network identity authentication [6] - Specific companies mentioned include: - Shengbang Security, which collaborates deeply with the Ministry of Public Security on cybersecurity products [7] - Newland, a core supplier of network certificate QR code devices and solutions [8] - Xinguodu, which focuses on biometric recognition and identity authentication products [8] - Jida Zhengyuan, a supplier of password security products for the national "Internet +" trusted identity authentication platform [8] - Digital Certification, a leading provider of information security solutions in collaboration with the Ministry of Public Security [8] - Nanwei Software, a provider of smart policing solutions, with electronic ID services as a key business [8] - Jinglun Electronics, which supports various modes of secure identity verification [8]

Group 1 - The core viewpoint of the news is that Shengbang Security's performance has significantly declined in 2024, prompting inquiries from the Shanghai Stock Exchange regarding the reasons behind this drop [1] - In 2024, Shengbang Security reported operating revenue of 294 million yuan, a year-on-year increase of 0.93%, while the net profit attributable to shareholders was 1.6285 million yuan, a year-on-year decline of 96.17% [1] - The company acknowledged that the economic environment is challenging and that the cybersecurity industry is undergoing a transformation from compliance to practical application, which presents both challenges and opportunities for the company [1][2] Group 2 - The China Cybersecurity Industry Alliance (CCIA) reported that in 2024, 17 out of 29 listed cybersecurity companies are expected to incur losses, an increase of 2 companies compared to 2023, with a total net profit of -3.353 billion yuan, a year-on-year loss expansion of 141.13% [2] - Shengbang Security stated that its operational situation aligns with industry trends, and it has made improvements in product and sales capabilities, laying a foundation for future development [2] - The company plans to increase investments in research and development, sales, and management, with total expenses in these areas rising by 39.5974 million yuan in 2024, impacting net profits [1][3] Group 3 - Shengbang Security indicated that due to the lagging nature of output in the cybersecurity industry, the development, launch, and scaling of products typically require 12 to 24 months, while market expansion and profitability may take 24 to 36 months [3] - The period from 2023 to 2025 is expected to be one of high investment for the company, with anticipated returns starting to materialize from 2025 onwards [3]

Core Viewpoint - The company experienced a significant decline in performance in 2024, with a notable drop in net profit and cash flow, attributed to increased operational costs and a challenging market environment [2][14][20]. Financial Performance - In 2024, the company achieved operating revenue of 294 million RMB, a year-on-year increase of 0.93%, but the net profit attributable to shareholders was only 1.63 million RMB, down 96.17% [2][15]. - The net cash flow from operating activities was -63.39 million RMB, a decline of 493.39% compared to the previous year [2][15]. - The company’s gross profit margin decreased from 74.19% to 72.64%, reflecting increased costs [15][20]. Business Segments - Revenue from cybersecurity products and services, as well as from the cyberspace mapping business, both saw a decline of 5-6% year-on-year [2][10]. - The newly acquired satellite internet security business generated revenue of 17.94 million RMB in 2024 [2][10]. Customer and Sales Analysis - The company provided detailed information on its top five customers, including contract amounts and sales models, indicating a focus on direct sales and channel partnerships [3][4]. - The sales model includes direct sales to end-users and channel sales through various partnerships [7][10]. Market Context - The overall cybersecurity market in China faced challenges, with 29 listed companies reporting a total revenue decline of 5% in 2024, and 17 companies reported losses, indicating a tough competitive landscape [7][18]. - The company’s performance aligns with industry trends, where many peers also experienced significant profit declines [18][20]. Strategic Initiatives - The company is investing heavily in expanding its sales and R&D teams to enhance its competitive position, with a focus on long-term growth despite short-term financial pressures [14][19]. - The satellite internet security business is seen as a strategic growth area, leveraging existing capabilities in cybersecurity and mapping technologies [12][13][20].