Investment Rating - Maintains a "Buy" rating [4] Core Views - The company's 2023 revenue reached 2,749 million yuan, a year-on-year increase of 5.9%, while net profit attributable to the parent company was -105 million yuan, significantly narrowing the loss compared to -779 million yuan in 2022 [3] - In Q1 2024, the company achieved revenue of 631 million yuan, a year-on-year increase of 12.6%, and net profit attributable to the parent company was 11.39 million yuan, a year-on-year increase of 11.0% [3] - The hotel information management system revenue grew by 30.1% year-on-year in 2023, reaching 938 million yuan, driven by the recovery of downstream industries [3] - The SaaS business achieved an ARR of 418 million yuan in 2023, a year-on-year increase of 24.62%, with a customer retention rate exceeding 90% [3] - The company's operating cash flow improved significantly, reaching 63.45 million yuan in 2023, a year-on-year increase of 128.1% [3] Financial Performance Summary - Revenue for 2023 was 2,749 million yuan, with a year-on-year growth of 5.9%, and Q1 2024 revenue was 631 million yuan, with a year-on-year growth of 12.6% [3][5] - Net profit attributable to the parent company in 2023 was -105 million yuan, improving from -779 million yuan in 2022, and Q1 2024 net profit was 11.39 million yuan, a year-on-year increase of 11.0% [3][5] - The company's gross margin in 2023 was 37.7%, improving to 49.3% in Q1 2024 [5] - ROE in 2023 was -1.4%, improving to 0.2% in Q1 2024 [5] Business Segment Performance - Hotel information management system revenue grew by 30.1% year-on-year in 2023, reaching 938 million yuan [3] - Social catering information management system revenue grew by 9.6% year-on-year in 2023, reaching 112 million yuan [3] - Self-owned intelligent commercial equipment revenue grew by 22.0% year-on-year in 2023, reaching 494 million yuan [3] - Retail information management system revenue decreased by 5.02% year-on-year in 2023, reaching 580 million yuan [3] Future Projections - Revenue for 2024E, 2025E, and 2026E is projected to be 3,275 million yuan, 3,922 million yuan, and 4,722 million yuan, respectively [4][5] - Net profit attributable to the parent company for 2024E, 2025E, and 2026E is projected to be 76 million yuan, 150 million yuan, and 320 million yuan, respectively [4][5] - Gross margin for 2024E, 2025E, and 2026E is projected to be 40.9%, 42.7%, and 44.5%, respectively [5] Valuation and Peer Comparison - The company is valued at 9x 2024E PS, based on comparable companies such as Kingsoft Office, Yonyou Network, Tax Friend, and Glodon, which have similar cloud product progress and competitive advantages in their respective industries [4]

Financial Performance - The company's operating revenue for 2023 was ¥2,749,328,749.28, representing a 5.93% increase from ¥2,595,347,495.00 in 2022[11]. - The net profit attributable to shareholders for 2023 was -¥104,622,631.62, an improvement of 86.57% compared to -¥779,081,418.55 in 2022[11]. - The net cash flow from operating activities was ¥63,453,948.63, a significant increase of 128.12% from -¥225,629,160.60 in the previous year[11]. - The basic earnings per share for 2023 was -¥0.04, improving by 85.71% from -¥0.37 in 2022[11]. - Total assets at the end of 2023 were ¥9,692,401,355.36, a 1.06% increase from ¥9,591,087,186.26 in 2022[11]. - The company reported a quarterly operating revenue of ¥890,952,596.39 in Q4 2023, the highest among the four quarters[15]. - The net profit attributable to shareholders in Q4 2023 was -¥119,040,612.59, reflecting a significant loss despite positive revenue growth[15]. - The company's total revenue reached approximately 2.75 billion RMB, representing a year-on-year growth of 5.93%[41]. - The company's net profit attributable to shareholders was -104.62 million RMB, an increase of 86.57% compared to the previous year[41]. - The total transaction amount for payment services directly connected to Alipay and WeChat reached approximately 307.4 billion RMB, an increase of about 8.2% year-on-year[41]. Risk Management and Strategic Focus - The company is undergoing a critical period of globalization and platform transformation, facing various risks including technological changes and market adoption of new products[2]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments to mitigate investment risks[2]. - The company has highlighted potential risks in its future development, including management risks from overseas expansion and new technology adoption[2]. - The company expects to continue focusing on software and technology development for the hotel, catering, and retail industries, which contributed significantly to its revenue[12]. - The company faces risks related to rapid technological changes and market demand shifts, necessitating ongoing innovation and adaptation[116]. Product Development and Innovation - The company has successfully implemented its cloud-based hospitality solutions with major international hotel groups, establishing itself as a leading provider in the sector[24]. - The company is focusing on platform-based strategies to enhance its booking and payment systems using direct connection technology[26]. - The company has recognized the trend towards cloud-based information management systems and is positioning itself as a global leader in this space[28]. - The company is developing a new generation SaaS hotel management system platform for global hotel chains, with a capitalized investment of ¥208,306,553.69[86]. - The company is currently in the development phase for multiple projects, including the handheld POS product line and the digital store system iSEP, indicating ongoing innovation efforts[90]. Market Position and Client Base - The company has over 13,000 hotel clients in China, with a market share exceeding 60% in the five-star hotel segment[28]. - The company has signed over ten international hotel groups for its new cloud-based restaurant management system, establishing a leadership position in the global hotel industry[28]. - The company’s retail client base includes nearly one million stores, capturing nearly 50% of the market share among China's top 100 retail, chain, and supermarket enterprises[28]. - The company has established a strong market position in the high-end hotel information management system, with ongoing development of cloud-based solutions[108]. - The company is expanding its direct connection technology to the restaurant and retail sectors, replicating its successful hotel industry model[105]. Corporate Governance and Management - The company has a board of directors consisting of 7 members, including 3 independent directors, complying with legal requirements[129]. - The company has established a remuneration and assessment committee to oversee the compensation of directors and senior management[148]. - The company has maintained a stable management team with no reported changes in directors or senior management during the reporting period[144]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting of significant events and regular reports[132]. - The company has implemented a comprehensive internal control management system that meets operational needs and has effectively executed internal controls without major defects[166]. Social Responsibility and Sustainability - The company actively participates in social responsibility initiatives, including educational support and poverty alleviation efforts[177]. - The company has committed to environmental protection and sustainable development, aligning with national carbon reduction goals[174]. - The company emphasizes energy-efficient operations and environmentally friendly project designs in its software service investments[174]. - The company has undertaken property management responsibilities for 110 households without charging fees, improving living conditions[177]. - The company has established a dedicated business team for online e-commerce cooperation, setting key performance indicators to ensure progress[120]. Future Outlook and Strategic Plans - The company plans to continue its global and platform strategy, focusing on innovative product development across various business areas in 2024[107]. - The company aims to maintain its leading position in the Chinese retail information system market through increased R&D efforts in new retail comprehensive solutions[107]. - The company plans to increase support for regional distributors and partners, aiming to fully expand the G10 cloud "POS+CRM+Supply Chain" integrated solution[109]. - The company will continue to enhance its BFV10.0 intelligent operation platform, completing the standardization and SaaS transformation of segmented products[110]. - The company aims to improve customer satisfaction and repurchase rates through continuous optimization in market, sales, delivery, and service[110].

北京中长石基信息技术股份有限公司 2024 年第一季度报告 □是 否 证券代码：002153 证券简称：石基信息 公告编号：2024-22 北京中长石基信息技术股份有限公司 2024 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人李仲初、主管会计工作负责人赖德源及会计机构负责人(会计主管人员)李天达声明：保证季度报告中财务信 息的真实、准确、完整。 3.第一季度报告是否经审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|------------------------------- ...

北京中长石基信息技术股份有限公司 公告 证券代码：002153 证券简称：石基信息 公告编号：2024-20 北京中长石基信息技术股份有限公司 关于举行 2023 年度网上业绩说明会的公告 特此公告 出席本次年度报告业绩说明会的成员如下：公司董事长李仲初先生、副总裁兼财务总监 赖德源先生、副总裁兼董事会秘书罗芳女士、独立董事娄树林先生。 为充分尊重投资者、提升交流的针对性，现就公司 2023 年度业绩说明会提前向投资者 公开征集问题，广泛听取投资者的意见和建议。投资者可于 2024 年 5 月 15 日 15:00 前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页面。敬请广大投资者通过全景 网系统提交您所关注的问题，便于公司在业绩说明会上对投资者普遍关注的问题进行回答， 提升此次业绩说明会的针对性。此次活动交流期间，投资者仍可登陆活动界面进行互动提问。 欢迎广大投资者积极参与。 （问题征集专题页面二维码） 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性陈述 或者重大遗漏。 北京中长石基信息技术股份有限公司（以下简称"公司"）定于 2024 ...

石基信息（002153.SZ）公司事件点评 SEP 重要订单再下一城，全球化拓展长期潜力可期 2024 年 04 月 19 日 [盈利预测与财务指标 Table_Forcast] ➢ 事件概述：2024 年 4 月 17 日，全资子公司石基新加坡与新濠酒店集团签 订了 MSA（MASTER SERVICES AGREEMENT）。 ➢ 首次签约国际大型综合度假村酒店集团，石基企业平台国际化进程加速。1） 新濠酒店集团旗下有五家大型国际综合度假村酒店：新濠酒店集团是亚洲及欧洲 综合度假村设施的开发商、拥有者及营运商，旗下的度假村酒店分别为位于中国 澳门的新濠锋、新濠天地、新濠影汇、位于菲律宾的马尼拉新濠天地和位于塞浦 路斯的地中海新濠天地。2）提供以石基企业平台为核心的支持服务：公司提供 的服务包括，除中国澳门以外的其他区域提供标准交付的石基企业平台、为中国 澳门区域提供架设在 AWS Outpost 机架上的石基企业平台、石基支付解决方 案、对于所有产品的支持服务。3）为石基 PMS 向更大市场推广打造了行业标 杆：管理国际大型综合度假村的系统复杂而繁多，集成和接口相对普通酒店集团 而言更具难度，因此大型国际 ...

北京中长石基信息技术股份有限公司 2024 年第二次临时股东大会决议公告 证券代码：002153 证券简称：石基信息 公告编号：2024-12 北京中长石基信息技术股份有限公司 2024 年第二次临时股东大会决议公告 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、召开时间 （1）现场会议召开时间：2024年4月18日 下午2:30 （2）网络投票时间：2024年4月18日，其中 通过深圳证券交易所交易系统进行网络投票的时间为交易日2024年4月18日9:15-9:25，9:30-11:30和 13:00 -15:00； 通过深圳证券交易所互联网投票系统投票的时间为2024年4月18日9:15-15:00期间的任意时间。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 特别提示： 1、本次股东大会召开期间没有出现增加、否决或变更提案的情形。 5、现场会议主持人：公司董事长李仲初先生 6、股权登记日：2024 年 4 月 11 日（星期四） 7、会议的召集召开符合《公司法》、深圳证券交易所《股票上市规则》等法 ...

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.:010-50867666 传真/Fax:010-56916450 网址/Website:www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 北京市康达律师事务所 关于北京中长石基信息技术股份有限公司 2024 年第二次临时股东大会的法律意见书 康达股会字【2024】第 0161 号 致：北京中长石基信息技术股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司股东大 会规则（2022 年修订）》（以下简称"《规则》"）、《北京中长石基信息技术股份有 限公司章程》（以下简称"《公司章程》"）及北京中长石基信息技术股份有限公司（以 下简称"公司"）与北京市康达律师事务所（以下简 ...

北京中长石基信息技术股份有限公司 公告 证券代码：002153 证券简称：石基信息 公告编号：2024-11 北京中长石基信息技术股份有限公司 关于全资子公司签订重大合同的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、合同签署背景及概况 1、北京中长石基信息技术股份有限公司（以下简称"公司"）正处于国际化及平台化的 第四次转型时期，公司新一代云架构的企业级酒店信息管理系统 Shiji Enterprise Platform（石 基企业平台）为公司国际化及平台化转型中的重要产品，是一套可以完全替换部分现有酒店 信息管理系统（"PMS"）及其他酒店层面和集团层面子系统的全新一代解决方案。在欧洲、 亚太地区、中东和美洲上线一定数量酒店的基础上，石基企业平台已经得到三家国际标杆客 户半岛、洲际和朗廷酒店集团的认可，并均已在以上集团中实现批量上线工作，包括新开酒 店上线和替换存量酒店原有的 PMS。对应上述酒店集团，公司已经签订过的此类重大合同 包括：Shiji (Singapore) Pte. Ltd.（以下简称 "石基新加坡"）与 HSH Managem ...

Shiji Retail Information Technology Co. Ltd. 2023 年度 审计报告 | 索引 | 页码 | | --- | --- | | 审计报告 | | | 公司财务报表 | | | 合并资产负债表 | 1-2 | | 合并利润表 | 3 | | 合并现金流量表 | ব | | 合并所有者权益变动表 | 5-6 | | 财务报表附注 | 7-64 | >计师复念 所 北京市东城区朝阳门北大街 群系申话: 8 号富华大厦 A 座 9 层 9/F. Block A. Fu Hua Mansion No.8. Chaoyangmen Beidajie, Dongcheng District. Beijing 100027. P.R. China E-FF F F 2 - XYZH/2024BJAA4B0065 Shiji Retail Information Technology Co. Ltd. ShiJi Retail Information Technology Co. Ltd. : 一、审计意见 我们审计了 ShiJi Retail Information Technol ...

北京中长石基信息技术股份有限公司 独立董事专门会议决议 北京中长石基信息技术股份有限公司 第八届董事会 2024 年第一次独立董事专门会议决议 北京中长石基信息技术股份有限公司（以下简称"公司"）第八届董事会 2024 年第一次独立董事专门会议的会议通知于 2024 年 3 月 20 日以电子邮件的方式发 出，会议于 2024 年 3 月 22 日召开。会议应到独立董事 3 名，实到独立董事 3 名，会议的召开符合《上市公司独立董事管理办法》、《公司章程》及公司《独立 董事工作制度》的规定。会议审议以下议案： 1、审议通过《关于购买 Shiji Retail38%股权暨关联交易的议案》 表决结果：3 票同意，0 票反对，0 票弃权 2 北京中长石基信息技术股份有限公司 独立董事专门会议决议 第八届董事会 2024 年第一次独立董事专门会议决议签字页（以下无正文）： 独立董事签字： 刘剑锋 陶 涛 娄树林 2024 年 3 月 22 日 经认真审阅相关资料，我们认为上述交易定价公允、合理，不存在利用关联 方关系损害上市公司利益的情形，也不存在损害公司股东特别是中小股东利益的 情形。根据《上市公司独立董事管理办法 ...