国泰海通证券股份有限公司 关于北京中长石基信息技术股份有限公司本次发行股份购 买资产相关内幕信息知情人买卖股票情况的自查报告 之专项核查意见 北京中长石基信息技术股份有限公司（以下简称"石基信息"、"上市公司"） 拟发行股份购买深圳市思迅软件股份有限公司（以下简称"思迅软件"、"标的公 司"）13.50%股份（以下简称"本次交易"） 根据《中华人民共和国证券法》《上市公司重大资产重组管理办法》《公开 发行证券的公司信息披露内容与格式准则第 26 号—上市公司重大资产重组》及 《监管规则适用指引—上市类第 1 号》等法律法规和规范性文件的规定，国泰海 通证券股份有限公司（以下简称"独立财务顾问"、"国泰海通"）作为本次交 易的独立财务顾问，对上市公司本次交易相关内幕信息知情人买卖股票情况的自 查报告进行了核查，具体情况如下： 一、本次交易的内幕信息知情人买卖股票情况的自查期间 本次交易的内幕信息知情人买卖股票情况的自查期间为上市公司首次披露本 次交易事项或就本次交易申请股票停牌（孰早）前六个月至《北京中长石基信息 技术股份有限公司发行股份购买资产报告书（草案）》首次披露之前一日止，即 自 2024 年 10 月 ...

Financial Performance - The company reported total revenue of 1.25 billion yuan for the first half of 2025, a year-on-year decrease of 9.56% [1] - The net profit attributable to shareholders was 33.54 million yuan, an increase of 35.67% year-on-year [1] - In Q2 2025, total revenue was 657 million yuan, down 12.39% year-on-year, while net profit attributable to shareholders was 12.43 million yuan, a decrease of 6.78% [1] - The gross margin increased by 2.99% to 47.44%, and the net margin rose by 37.19% to 3.59% [1] Cost and Expenses - Total selling, administrative, and financial expenses amounted to 379 million yuan, accounting for 30.33% of revenue, a slight decrease of 0.2% year-on-year [1] - The company’s financial health is indicated by a significant increase in interest-bearing liabilities, which rose by 540.16% to 11.2 million yuan [1] Cash Flow and Earnings - The company reported earnings per share of 0.01 yuan, a year-on-year increase of 35.16% [1] - Operating cash flow per share was 0.01 yuan, down 21.77% year-on-year [1] Investment Returns - The company's historical return on invested capital (ROIC) has been weak, with a median of 0.49% over the past decade and a low of -10.58% in 2022 [3] - The company has reported losses in five of the 17 annual reports since its listing, indicating a generally poor financial performance [3] Debt and Liquidity - The company has a healthy cash position, but the average operating cash flow over the past three years is negative when compared to current liabilities [4] - Financial expenses have reached 449.55% of the average operating cash flow over the past three years, indicating potential liquidity concerns [4] Market Interest - The company has attracted attention from notable fund managers, with one prominent manager increasing their stake in the company [4] - The largest fund holding the company’s shares is the Huaan Small and Medium Growth Mixed Fund, which has a total scale of 1.85 billion yuan [5] AI Integration - The company is embedding AI features into its existing products without charging separately for these functionalities, as the ecosystem for AI-related services is still developing [6]

Group 1 - The core viewpoint of the news is that Shiji Information (002153.SZ) has reported significant institutional investment, with 27 institutional investors holding a total of 620 million shares, representing 22.72% of the company's total share capital [1] - The top ten institutional investors collectively hold 22.55% of the shares, with an increase of 1.27 percentage points compared to the previous quarter [1] - The report highlights the presence of notable institutional investors such as Taobao (China) Software Co., Ltd. and Beijing Yiqin Investment Co., Ltd. among others [1] Group 2 - In the public fund sector, 13 new public funds have been disclosed this period, including Galaxy Intelligent Connection Mixed A and various ETFs related to cloud computing and big data [2] - Five public funds were not disclosed in this period compared to the previous quarter, indicating a shift in fund activity [2] - The foreign investment perspective shows that Hong Kong Central Clearing Limited was not disclosed in this period compared to the previous quarter [3]

Investment Rating - The investment rating for the company is "Buy" with a target price of RMB 12.78 [1][5]. Core Views - The company has shown a steady increase in subscription ARR, with a year-on-year growth of 21.4% in 25H1, reaching RMB 5.42 billion [3]. - The company is advancing its globalization strategy, achieving significant progress in overseas business, particularly in the hospitality sector [2]. - The overall gross margin improved by 1.38 percentage points year-on-year, reaching 47.44% in 25H1, primarily due to the optimization of high-revenue business segments [4]. Summary by Sections Financial Performance - In 25H1, the company reported revenue of RMB 1.25 billion, a decrease of 9.56% year-on-year, while the net profit attributable to the parent company was RMB 33.54 million, an increase of 35.67% year-on-year [1]. - The net profit margin for 25H1 was 3.59%, up by 0.97 percentage points year-on-year, benefiting from improved gross margins [1]. Business Development - The company signed a new contract with Marriott Group in 25H1, marking a significant milestone in its international expansion efforts [2]. - The SaaS business has expanded its customer base significantly, with over 80,000 hotel stores and an average renewal rate exceeding 90% [3]. Cost and Margin Analysis - The company’s comprehensive gross margin increased to 47.44% in 25H1, with various business segments showing mixed performance in gross margins [4]. - The selling, general, and administrative expenses increased, reflecting the company's ongoing investment in market expansion and product upgrades [4]. Earnings Forecast and Valuation - The revenue forecast for 25-27 is adjusted downwards to RMB 3.27 billion, RMB 3.68 billion, and RMB 4.20 billion, respectively, with a compound annual growth rate (CAGR) of 12.50% [5]. - The net profit forecast for the same period is also revised downwards, with expected EPS of RMB 0.03, RMB 0.05, and RMB 0.07 for 25, 26, and 27, respectively [5].

Group 1 - The company reported a revenue of 1.25 billion yuan for the first half of 2025, representing a year-on-year decrease of 9.56% [1] - The net profit attributable to shareholders of the listed company was 33.54 million yuan, showing a year-on-year increase of 35.67% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 19.34 million yuan, reflecting a year-on-year decrease of 5.09% [1] - The basic earnings per share were 0.0123 yuan [1]

北京中长石基信息技术股份有限公司 2025 年半年度财务报告 北京中长石基信息技术股份有限公司 2025 年半年度财务报告 2025 年 8 月 1 北京中长石基信息技术股份有限公司 2025 年半年度财务报告 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：北京中长石基信息技术股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 4,024,528,771.84 | 4,237,688,036.30 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 14,789,252.55 | 18,196,979.16 | | 衍生金融资产 | | | | 应收票据 | 561,669.86 | 591,646.25 | | 应收账款 | 561,899,574.74 | 578,653,319.52 | | 应收款项融资 | | ...

北京中长石基信息技术股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 制表单位：北京中长石基信息技术股份有限公司 单位：万元 | 非经营性资金 | | 占用方与上 | 上市公司核 | 年期初 2025 | 年半年度占 2025 | 年半年度 2025 | 年半年 2025 | 年 月 2025 6 | 占用形 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 占用 | 资金占用方名称 | 市公司的关 | 算的会计科 | 占用资金余 | 用累计发生金额 | 占用资金的利 | 度偿还累计 | 末占用资金 | 成原因 | 占用性质 | | | | 联关系 | 目 | 额 | （不含利息） | 息（如有） | 发生金额 | 余额 | | | | 控股股东、实际 | | | | | | | | | | | | 控制人及其附 | — | — | — | — | — | — | — | — | — | 非经营性占用 | | 属企业 | | | | | | | | | | | | 小计 | — | — ...

Group 1 - The core viewpoint of the article is that Beijing Zhongchang Shiji Information Technology Co., Ltd. (referred to as "Shiji Information") reported a decline in revenue but an increase in net profit for the first half of 2025 [1] Group 2 - During the reporting period, Shiji Information achieved an operating income of 1.25 billion yuan, representing a year-on-year decrease of 9.56% [1] - The net profit attributable to shareholders of the listed company was 33.54 million yuan, showing a year-on-year growth of 35.67% [1]

每经AI快讯，8月27日，石基信息(002153.SZ)公告称，上半年营业收入为12.5亿元，同比下降9.56%；归 属于上市公司股东的净利润为3354.18万元，同比增长35.67%。公司计划不派发现金红利，不送红股， 不以公积金转增股本。 ...

石基信息公告，2025年上半年营业收入12.5亿元，同比下降9.56%。净利润3354.18万元，同比增长 35.67%。 ...