Investment Rating - The investment rating for the company is "Buy" with a previous rating of "Buy" as well [1][4]. Core Views - The report highlights that the company has shown resilience in its operations despite a slight decline in revenue and net profit. The management has improved cost control, leading to a significant increase in net profit in the second quarter [4]. - The company's digital cost segment has demonstrated stable revenue growth, with a 4.2% year-on-year increase, indicating improved customer retention and product application rates [4]. - The revenue structure of the digital construction segment is improving, with a focus on standardized project-level products, although overall revenue in this area has decreased by 37.5% [4]. Summary by Sections Financial Performance - In the first half of the year, the company achieved operating revenue of RMB 2.96 billion, a year-on-year decrease of 3.6%, and a net profit attributable to shareholders of RMB 190 million, down 22.7% year-on-year [4]. - The company expects net profits for 2024-2026 to be RMB 670 million, RMB 860 million, and RMB 1.02 billion respectively, with EPS projected at RMB 0.40, RMB 0.51, and RMB 0.61 [4][5]. Revenue Breakdown - The digital cost segment generated revenue of RMB 2.46 billion in the first half, reflecting a 4.2% increase year-on-year. The renewal and application rates for pricing products have improved compared to the previous year [4]. - The digital construction segment reported revenue of RMB 290 million, a decline of 37.5% year-on-year, while the digital design segment generated RMB 40 million, down 22.0% year-on-year [4]. Valuation Metrics - The report provides a valuation with projected PE ratios of 26X, 20X, and 17X for the years 2024, 2025, and 2026 respectively, indicating a potential recovery in profitability [4][5]. - The company’s market capitalization is approximately RMB 17.31 billion, with a three-month average trading volume of RMB 354.43 million [3].

Investment Rating - The report maintains a "Buy" rating for the company [2][4]. Core Views - The company aims for stable growth in 2024 by optimizing resource allocation and focusing on core products, key regions, and important clients while strictly controlling costs [2]. - The digital transformation of the construction industry presents a significant long-term opportunity, and the company is well-positioned to capitalize on this trend [2]. Financial Performance Summary - For the first half of 2024, the company reported revenue of 2.958 billion, a year-on-year decrease of 3.61%, and a net profit attributable to shareholders of 192 million, down 22.70% [1]. - The digital cost business generated revenue of 2.459 billion, showing a year-on-year growth of 4.23%, indicating resilience despite external pressures [1]. - The digital construction business saw a revenue decline of 37.46% to 288 million, while overseas business revenue increased by 11.29% to 106 million [1]. - The company has implemented cost control measures, resulting in a 44.66% year-on-year increase in net profit in Q2 2024, signaling a potential profit turnaround [1]. Future Projections - Revenue projections for 2024-2026 are estimated at 6.994 billion, 7.760 billion, and 8.780 billion respectively, with net profits expected to reach 566 million, 862 million, and 1.095 billion [2][3]. - The report anticipates a gradual recovery in the company's performance, driven by the digital transformation in the construction sector [2].

一、本次员工持股计划持股情况和出售情况 截至 2022 年 7 月 13 日收盘，公司 2022 年员工持股计划通过云南国际信托有限公司设立 的"云南信托-广联达 2022 年员工持股计划单一资金信托"以二级市场集中竞价方式累计买入 公司股票 1,309,300 股，成交金额合计 6,699.96 万元，成交均价 51.17 元/股。 2023 年 5 月 15 日，公司完成 2022 年年度权益分派，向全体股东每 10 股派发现金股利 4 元（含税），不送红股，以资本公积金向全体股东每 10 股转增 4 股。权益分派完成后，公司 2022 年员工持股计划持有公司股票 1,833,020 股。 上述股票按照规定予以锁定，解锁时点分别为自公司最后一笔标的股票的购买完成之日起 满 12 个月、24 个月，最长锁定期为 24 个月，每期解锁的标的股票比例分别为 50%、50%。 2023 年 7 月 14 日，公司 2022 年员工持股计划第一个锁定期届满，达到解锁条件，解锁 比例 50%。2024 年 7 月 14 日，公司 2022 年员工持股计划第二个锁定期届满，达到解锁条件， 解锁比例 50%。各锁定期满后 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) with a market price of 10.24 [2] Core Views - The company reported a revenue of 2.958 billion yuan for the first half of 2024, a year-on-year decrease of 3.61%, and a net profit attributable to shareholders of 192 million yuan, down 22.70% year-on-year [2] - Despite the challenges in the construction sector and ongoing pressure from the real estate market, the company's digital cost business has shown resilience, with improved operational metrics and increased customer retention [2][3] - The company has actively optimized its product strategy and marketing approach, focusing on core business applications and enhancing the proportion of self-developed software and hardware [2][3] Financial Summary - Revenue Forecast: - 2022A: 6,591 million yuan - 2023A: 6,563 million yuan (growth rate: -0.4%) - 2024E: 6,577 million yuan (growth rate: 0.2%) - 2025E: 7,171 million yuan (growth rate: 9.0%) - 2026E: 7,960 million yuan (growth rate: 11.0%) [2][3] - Net Profit Forecast: - 2022A: 967 million yuan - 2023A: 116 million yuan - 2024E: 489 million yuan - 2025E: 1,069 million yuan - 2026E: 1,420 million yuan [2][3] - Earnings Per Share (EPS): - 2022A: 0.58 yuan - 2023A: 0.07 yuan (decrease of 88.0%) - 2024E: 0.29 yuan (increase of 321.9%) - 2025E: 0.64 yuan (increase of 118.8%) - 2026E: 0.85 yuan (increase of 32.8%) [2][3] - Price-to-Earnings (P/E) Ratio: - 2022A: 18 - 2023A: 147 - 2024E: 35 - 2025E: 16 - 2026E: 12 [2][3] - Price-to-Book (P/B) Ratio: - 2022A: 3 - 2023A: 3 - 2024E: 3 - 2025E: 2 - 2026E: 2 [2][3] Investment Recommendations - The report maintains a "Buy" rating, predicting that the company's profits will be under pressure due to the macroeconomic environment and the downturn in the real estate sector. However, it remains optimistic about the company's competitive advantages in technology products and market positioning [2][3]

Financial Performance - Total revenue for the first half of 2024 was CNY 2.958 billion, a decrease of 3.61% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 191.82 million, down 22.70% year-on-year[3] - Basic earnings per share were CNY 0.1166, a decline of 22.52% from the previous year[3] - The weighted average return on net assets was 3.23%, down 0.66 percentage points from the previous year[3] Revenue Breakdown - Digital cost business revenue reached CNY 2.459 billion, an increase of 4.23% year-on-year, while digital construction business revenue fell by 37.46% to CNY 288 million[4] - The overseas business generated CNY 106 million in revenue, reflecting an 11.29% increase year-on-year[4] Cost Management - The company achieved a net profit growth of 44.66% in the second quarter compared to the previous quarter, indicating improved cost control measures[5] - The company emphasized strict cost control, resulting in a decrease in sales and R&D expenses compared to the previous year[5] Strategic Focus - The company focused on enhancing product strategies and marketing approaches in the digital construction sector, leading to an improved revenue structure despite overall revenue decline[5] Asset Management - Total assets decreased by 7.90% to CNY 9.832 billion compared to the beginning of the reporting period[3]

证券代码：002410 证券简称：广联达 公告编号：2024-062 截至本公告披露日，公司 2022 年员工持股计划第二个锁定期届满，达到解锁条件，本批 次解锁比例为 50%。 广联达科技股份有限公司 关于 2022 年员工持股计划第二个锁定期届满的提示性公告 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。 广联达科技股份有限公司（以下简称"公司"）于 2022 年 4 月 13 日和 2022 年 4 月 25 日 分别召开第五届董事会第二十一次会议和 2021 年度股东大会审议通过《关于<公司 2022 年员 工持股计划（草案）>及其摘要的议案》等相关议案，并于 2022 年 5 月 13 日、2022 年 6 月 30 日、2022 年 7 月 15 日披露了实施进展公告。具体内容详见《中国证券报》《证券时报》《证券 日报》《上海证券报》和巨潮资讯网（http://www.cninfo.com.cn）披露的相关公告。 公司本次员工持股计划所持有的公司股票第二个锁定期于 2024 年 7 月 14 日届满，根据中 国证券监督管理委员会《关于上市公司实施员 ...

证券代码：002410 证券简称：广联达 公告编号：2024-061 广联达科技股份有限公司 关于控股股东部分股份补充质押的公告 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。 广联达科技股份有限公司（以下简称"公司"）接到控股股东刁志中先生通知，获悉其于 近期将持有本公司的部分股份进行补充质押，具体如下： 截至公告披露日，刁志中先生所持股份质押情况如下： | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股 | | | 累计质押股 | 占其所 | 占公 | 情况 | | 情况 | | | 东 | 持股数量 | 持股 | | | 司总 | 已质押股 | | 未质押股 | | | 名 | （股） | 比例 | 份数量 （股） | 持股份 比例 | 股本 | 份限售和 | 占已质 押股份 | 份限售和 | 占未质 押股份 | | 称 | | | | | 比例 | 冻结数量 | 比例 | 冻结数量 | 比例 | | | | ...

证券代码：002410 证券简称：广联达 公告编号：2024-060 一、回购公司股份进展情况 截止至 2024 年 6 月 30 日，公司通过回购专用证券账户以集中竞价交易的方式已累计回购 股份 15,705,867 股，占公司股份总数 0.9434%，最高成交价为人民币 24.50 元/股，最低成交价 为人民币 15.00 元/股，成交总金额为人民币 312,775,001.30 元（不含交易费用）。 本次回购符合既定的回购方案和回购报告书，符合相关法律法规规定。 二、其他说明 广联达科技股份有限公司 关于回购股份方案的实施进展公告 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。 广联达科技股份有限公司（以下简称"公司"）于 2023 年 8 月 18 日召开第六届董事会第 二次会议审议通过《关于回购股份方案的议案》，拟以自有资金通过集中竞价的方式回购部分 公司发行的人民币普通股（A 股）用于股权激励或员工持股计划。本次回购的资金总额不低于 人民币 3 亿元（含）且不超过人民币 5 亿元（含），回购价格不超过人民币 45 元/股（含）。具 体回购股份的数量 ...

证券代码：002410 证券简称：广联达 公告编号：2024-058 广联达科技股份有限公司 特此公告 广联达科技股份有限公司 董 事 会 广联达科技股份有限公司（以下简称"公司"）第六届董事会第十一次会议于 2024 年 7 月 2 日在北京市海淀区西北旺东路 10 号院东区 13 号楼广联达信息大厦 621 会议室召开。本次 会议的通知已于 2024 年 6 月 25 日以电子邮件方式向全体董事及监事发出。会议由公司董事长 袁正刚先生召集和主持，会议应到董事 9 名，实到董事 9 名，董事云浪生先生、王爱华先生、 李伟先生、吴佐民先生，独立董事马永义先生、柴敏刚先生以通讯方式参会，公司监事、董事 会秘书列席了会议。本次会议的召集、召开程序符合《公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 1、审议通过《关于调整第六届董事会专门委员会成员的议案》 表决结果：同意票 9 票，反对票 0 票，弃权票 0 票。 《关于调整第六届董事会专门委员会成员的公告》详见《中国证券报》《证券时报》《证券 日报》《上海证券报》和巨潮资讯网（www.cninfo.com.cn）。 第六届董事会第十一次会议决议公告 ...

证券代码：002410 证券简称：广联达 公告编号：2024-059 广联达科技股份有限公司 关于调整第六届董事会专门委员会成员的公告 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。 广联达科技股份有限公司（以下简称"公司"）于2024年7月2日召开第六届董事会第十一 次会议，审议通过了《关于调整第六届董事会专门委员会成员的议案》，现将相关情况公告如 下： 为保证公司董事会各专门委员会正常有序开展工作，根据《上市公司独立董事管理办法》 《公司章程》及公司董事会各专门委员会工作细则的有关规定，对公司第六届董事会审计委员 会、提名委员会、薪酬与考核委员会成员作如下调整： | 名称 | 调整前 | | | | 调整后 | | | --- | --- | --- | --- | --- | --- | --- | | | 成员 | | 召集人 | | 成员 召集人 | | | 审计委员会 | 程 | 林、马永义、王爱华 | 程 | 林 | 马永义、徐井宏、王爱华 | 马永义 | | 提名委员会 | | 马永义、柴敏刚、袁正刚 | 马永义 | | 徐井宏、柴敏刚、袁正刚 ...