Core Viewpoint - The company is focusing on enhancing its research and development capabilities in artificial intelligence and robotics, aiming to integrate hardware into its solutions to better meet industry needs [2][5]. R&D Focus - The company will concentrate on artificial intelligence, developing scenario-level solutions across various industries, and enhancing technical capabilities [2]. - Robotics will also be a key area, with plans to introduce practical cases in certain business lines and collaborate with universities and strategic investments [2]. - The company aims to deepen its own solution capabilities while actively partnering with hardware manufacturers to create integrated solutions [2]. Partnership with Alibaba - Alibaba is a significant client and partner, with over 10 years of collaboration, providing R&D, operation, and technical support for Alibaba's products [3]. - The company has participated in the development of 57 financial intelligent solutions with Alibaba, focusing on credit risk control and compliance quality inspection [3]. Employee Planning - Future personnel planning will focus on business structure upgrades and operational efficiency rather than personnel expansion, aiming to enhance per capita revenue [4]. - The overall employee scale is expected to remain stable or slightly adjusted, with an emphasis on improving output efficiency through technology [4]. 2025 Performance Outlook - The company anticipates steady revenue growth in 2025, focusing on strategic large clients in finance, internet, and high-tech sectors [5]. - New business areas such as digital agriculture and smart energy will be prioritized, with a goal to enhance solution capabilities and provide comprehensive lifecycle services [5]. - In 2024, the company signed contracts worth over 810 million yuan, with expectations for rapid revenue growth from new business in 2025 [5]. Financial Performance - In Q1 2025, the company reported a main revenue of 1.652 billion yuan, a year-on-year increase of 0.76%, and a net profit of 71.6942 million yuan, up 271.83% [6]. - The company’s gross profit margin stood at 19.58%, with a debt ratio of 27.69% [6]. Profit Forecast - Various institutions have provided profit forecasts for the company, with expected net profits of 2.18 billion yuan in 2025 and 2.64 billion yuan in 2026 [7]. - The company has seen a net inflow of 100 million yuan in financing over the past three months, indicating positive market sentiment [7].

证券代码：002649 证券简称：博彦科技 博彦科技股份有限公司 投资者关系活动记录表 编号：2025-002 | □ | 特定对象调研 □ 分析师会议 | | --- | --- | | 投资者关系活动 | □ 媒体采访 □ 业绩说明会 | | 类别 | □ 新闻发布会 路演活动 √ | | | □ 现场参观 □ 其他（请文字说明其他活动内容） | | | 本次活动采用现场路演+策略会小范围的形式，参会人员共计 15 | | | 人，来自 8 家机构，具体名单如下： | | | 所属公司 姓名 | | | 华夏基金管理有限公司 刘平、李彦、贾静雯 | | | 摩根士丹利华鑫基金管理有限公司 雷志勇 | | | 开源证券股份有限公司 陈宝健、李海强 | | 参与单位名称及 | 上海鹏石投资管理有限公司 宁屹 | | 人员姓名 | 北京明澄私募基金管理有限公司 侯子骄 | | | 首创证券股份管理有限公司 邓睿祺 | | | 李登虎、程广飞、孙晟、何珅 建信基金管理有限责任公司 | | | 华、刘志威 | | | 国泰海通证券股份有限公司 宋亮 | | | 在交流活动中，我公司严格遵守相关规定，保证信息披露真实 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [2] Core Views - The company has shown significant profit growth in Q1 2024, with a notable increase in net profit by 271.83% year-on-year, primarily due to a substantial reduction in financial expenses [5] - The company is focusing on enhancing its AI capabilities and has established a comprehensive AI-driven model to support financial institutions in overcoming challenges related to data security and compliance [6] - The collaboration with Alibaba has strengthened the company's position in the fintech sector, leading to the launch of 57 financial intelligent solutions [7][8] - The company is actively expanding its new business segments, achieving a total contract amount exceeding 8.1 billion yuan in 2024, with a focus on digital agriculture and smart energy [9] - The future outlook for the company is positive, with projected EPS of 0.37, 0.45, and 0.52 yuan for 2025-2027, indicating a favorable growth trajectory [10] Company Overview - The latest closing price of the company is 13.15 yuan, with a total market capitalization of 77 billion yuan [4] - The company has a total share capital of 5.85 billion shares, with 5.49 billion shares in circulation [4] - The company has a debt-to-asset ratio of 29.1% and a current P/E ratio of 62.62 [4] Financial Performance - In 2024, the company reported total revenue of 68.99 billion yuan, a decrease of 4.50% year-on-year, while the net profit attributable to the parent company was 1.24 billion yuan, down 42.81% [5] - The projected revenue for 2025 is 74.75 billion yuan, with an expected growth rate of 8.35% [12] - The company anticipates a significant recovery in net profit, with projections of 218 million yuan in 2025, reflecting a growth rate of 75.42% [12]

Investment Rating - The investment rating for the company is "Buy" and is maintained [2] Core Views - The company has shown significant profit growth in Q1 2024, primarily due to a substantial reduction in financial expenses, which decreased from 25.96 million to -21.31 million [5] - The company is focusing on enhancing its consulting services and integrating software and hardware capabilities in the context of digital transformation [5] - The collaboration with Alibaba is pivotal, providing IT support services and contributing to the development of AI capabilities in financial technology and smart agriculture [7][8] Company Overview - The latest closing price is 13.15 yuan, with a total market capitalization of 7.7 billion yuan [4] - The company has a total share capital of 585 million shares, with 549 million shares in circulation [4] - The company’s debt-to-asset ratio stands at 29.1%, and the price-to-earnings ratio is 62.62 [4] Financial Performance - In 2024, the company achieved total revenue of 6.899 billion yuan, a year-on-year decrease of 4.5%, while the net profit attributable to shareholders was 124 million yuan, down 42.81% [5] - For Q1 2024, the company reported total revenue of 1.652 billion yuan, a year-on-year increase of 0.76%, and a net profit of 72 million yuan, up 271.83% [5] - The projected earnings per share (EPS) for 2025-2027 are 0.37, 0.45, and 0.52 yuan, respectively, with corresponding price-to-earnings ratios of 35.31, 29.11, and 25.13 [10] Business Development - The company has signed contracts worth over 810 million yuan in new business, focusing on digital agriculture and smart energy sectors [9] - The company is developing a comprehensive technology system for smart agriculture, leveraging IoT and big data [9] - The collaboration with major enterprises in the energy sector is expanding, with partnerships established with leading companies like China Three Gorges Corporation [9] Future Outlook - The company is expected to maintain a positive growth trajectory, with projected revenue growth rates of 8.35%, 7.46%, and 6.51% for the years 2025 to 2027 [12] - The company is enhancing its AI capabilities and developing customized solutions for financial institutions, which is anticipated to drive future growth [6][10]

Financial Performance - In 2024, the company achieved a revenue of CNY 6.899 billion, a year-on-year increase of 4.50% [9] - The net profit attributable to shareholders was CNY 124 million, a decrease of 42.81% compared to the previous year [9] - The overall gross margin was 24.05%, remaining stable [9] - Operating cash flow net amount was CNY 202 million, exceeding net profit levels [9] Revenue Breakdown By Product - Revenue from products and solutions was CNY 1.622 billion, a decrease of 4.40%, accounting for 23.52% of total revenue [9] - Revenue from R&D engineering was CNY 4.097 billion, an increase of 8.69%, accounting for 59.38% of total revenue [9] - Revenue from IT operation and maintenance was CNY 1.147 billion, an increase of 4.58%, accounting for 16.62% of total revenue [9] By Industry - Revenue from the financial sector was CNY 1.738 billion, remaining stable, accounting for 25.20% of total revenue [10] - Revenue from the internet sector was CNY 2.603 billion, a year-on-year increase of 6.64%, accounting for 37.74% of total revenue [10] - Revenue from the high-tech sector was CNY 1.546 billion, a year-on-year increase of 4.18%, accounting for 22.40% of total revenue [10] By Region - Domestic revenue was CNY 4.978 billion, a year-on-year increase of 7.24% [11] - Overseas revenue was CNY 1.921 billion, a year-on-year decrease of 1.98% [11] New Business Development - The company signed contracts worth over CNY 810 million in new business throughout 2024 [3] - Focus areas for new business include digital agriculture, smart energy, and central state-owned enterprises [4] - New business is expected to see significant revenue growth in 2025, with new contracts amounting to CNY 150 million in Q1 2025 [12][19] Future Strategy - The company aims to enhance high-value-added business and accelerate new business expansion [7] - Plans to optimize existing business structures and improve service quality to ensure stable cash flow [21] - The focus will be on leveraging AI and digital transformation to drive innovation and efficiency [7][18] AI and Innovation - The company has established partnerships with leading AI model vendors to provide comprehensive AI solutions [6] - Emphasis on integrating AI technology into business processes to enhance operational efficiency [18] - The AI agent platform was launched to facilitate the application of AI in various industries [20]

Group 1 - The board of directors, supervisory board, and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, assuming individual and joint legal responsibilities [2][3] - The company confirms that there are no non-recurring gains and losses applicable in the quarterly report [3][4] - The first quarter report has not been audited [7] Group 2 - The company does not require retrospective adjustments or restatements of previous accounting data [3][4] - There are no changes in the major accounting data and financial indicators that require explanation [4][5] - The company has not identified any non-recurring gains and losses that meet the definition [3][4]

一、主要会计数据和财务指标 本次公司不分配不转赠。 前十大流通股东累计持有： 11007.52万股，累计占流通股比： 20.06%，较上期变化： -446.91万股。 | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 马强 | 2852.72 | 5.20 | 不变 | | 张荣军 | 2474.43 | 4.51 | -21.80 | | GONG YAOBIN GEORGE | 1323.78 | 2.41 | -285.00 | | 王斌 | 1218.86 | 2.22 | 不变 | | 香港中央结算有限公司 | 679.74 | 1.24 | -216.22 | | 陈其德 | 659.76 | 1.20 | 123.06 | | 华宝中证金融科技主题ETF | 477.20 | 0.87 | -2.88 | | 梁润升 | 469.58 | 0.86 | 不变 | | 南方中证1000ETF | 438.45 | 0.80 | -45.07 | | 孙慧正 | 413.00 | 0.75 | 1.00 | 三、 ...

博彦科技股份有限公司 内部控制审计报告 2024 年 12 月 31 日 中国杭州市钱江新城新业路 8号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road, Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 www.zhcpa.cn " 报告编码:浙25A2 页 次 1-2 一、内部控制审计报告 二、事务所执业资质证明 中国杭州市钱江新城新业路 8号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road, Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 www.zhcpa.cn E 下 n to 博彦科技股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我 们审计了 ...

关于博彦科技股份有限公司 2024年度非经营性资金占用及其他 关联资金往来情况的专项审核说明 中国杭州市钱江新城新业路 8 号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 www.zhcpa.cn Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road, Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 页 次 一、关于博彦科技股份有限公司 2024年度非经营性资金占用及其 1-2 他关联资金往来情况的专项审核说明 二、2024年度非经营性资金占用及其他关联资金往来情况汇总表 1-2 三、事务所执业资质证明 中国杭州市钱江新城新业路 8号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 www.zhcpa.cn Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road，Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88 ...

博彦科技股份有限公司 审计报告 2024 年度 中国杭州市钱江新城新业路 8 号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road, Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 www.zhcpa.cn 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"进行查验 c.mof.gov.cn）"进行查验 报告编码: 浙25FHV3S03N | All | 15 | 1. 75 | VING | SEPARE | | 10 1 | 255 | 100 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FIRMA CONSULTION CONSELLE | | | | | | | | | | | 页 次 | | --- | --- | | 一、审计报告 | 1-6 | | 二、财务报表 ...