Investment Rating - Maintain "Outperform" rating with a target price adjustment to RMB 23.38 based on a 2025 PE of 60x [2][10] Core Insights - Significant improvement in cash flow and operational quality, with 2024 revenue at RMB 1.34 billion (-0.55%) and net profit attributable to shareholders at RMB 73 million (-55.96%) [2][10] - Operating net cash flow increased by 56.81% to RMB 295 million, indicating effective credit management and accounts receivable collection [2][10] - Q4 2024 revenue showed a growth of 23.53% to RMB 671 million, with net profit attributable to shareholders at RMB 54 million (+4.44%) [2][10] Contract Orders and Project Wins - Company won the Chongqing Hechuan District smart medical project with a contract value of RMB 91.73 million, enhancing its order book [3][10] - Additional contract with a subsidiary of China Academy of Engineering Physics valued at RMB 49.36 million, indicating steady growth in contract orders [3][10] Market Demand and Technological Development - Anticipated recovery in demand for medical and livelihood informatization, with a focus on enhancing product technology and service capabilities [4][10] - Leveraging self-developed models and platforms to support data governance and intelligent applications in the medical and governmental sectors [4][10] - Under the "Healthy China" and "Digital China" initiatives, the integration of AI and new technologies is expected to drive industry intelligence upgrades [4][10]

Company Overview - Sichuan Jiuyuan Yinhai Software Co., Ltd. focuses on three strategic directions: medical insurance, digital government, and smart cities, serving government departments and industry ecosystem entities [2] - The company utilizes technologies such as big data, cloud computing, blockchain, artificial intelligence, and mobile internet to empower people's livelihoods and assist in the modernization of the national governance system [2] - Jiuyuan Yinhai is recognized as a national high-tech enterprise and has received multiple awards, including being listed among China's top 100 growth companies and top 30 in Sichuan's software and information technology service industry [2] Financial Performance - In the latest financial report for 2024, the company achieved operating revenue of 1.339 billion yuan, a year-on-year decrease of 0.55% [3] - The net profit for the same period was 73.2613 million yuan, reflecting a significant year-on-year decline of 55.96% [3] - The sales gross margin stood at 41.37% [3] Market Position - As of April 9, the company's stock closed at 16.26 yuan, with a price-to-earnings (PE) ratio of 90.61, significantly higher than the industry average of 62.03 [1][3] - The total market capitalization of Jiuyuan Yinhai is 6.638 billion yuan [1] - The company ranks 117th in terms of PE ratio within the internet services industry [1]

证券之星消息，2025年4月3日久远银海（002777）发布公告称公司于2025年4月3日召开业绩说明会。 具体内容如下： 问：企业一直提到股权管理，主要出于什么样的战略考虑？ 答：尊敬的投资者您好！公司上市以来稳健经营，公司将依法依规，结合未来的发展及资本市场的情况进行 综合考虑，如有具体方案将及时进行披露。谢谢您的关注！ 问：数字政务和智慧城市业务收入有回落的势头，对这两块业务未来结构占比有何预期？ 答：尊敬的投资者您好！数字政务行业和智慧城市行业是公司主要业务领域，公司将持续加大上述行业的市 场拓展和产品创新，以提升上述行业市场占有率，谢谢关注！ 问：核心产品的生命周期处于哪个阶段？是否有新品研发管线？ 答：尊敬的投资者您好！公司坚持以"科技服务民生"为发展使命，落实"中台化+智能化"战略，紧跟大数据、 云计算、人工智能、区块链等 IT前沿技术发展方向，持续优化技术升级。在人工智能领域，立足医疗医保、 数字政务和智慧城市三大业务板块智能化需求，定位于行业智能场景和智能系统的应用研发，构建行业垂类 小模型、医学知识工程，提供面向政务、医疗领域智能场景（助手）、智能体、智能业务系统的研发和具身 智能应用；在 ...

Company Overview - Sichuan Jiuyuan Yinhai Software Co., Ltd. focuses on three strategic directions: medical insurance, digital government, and smart cities, serving government departments and industry ecosystem entities [2] - The company utilizes technologies such as big data, cloud computing, blockchain, artificial intelligence, and mobile internet to empower people's livelihoods and support the modernization of national governance systems [2] - Jiuyuan Yinhai is recognized as a national high-tech enterprise and has received multiple awards, including being listed among China's top ten innovative software companies [2] Financial Performance - For the fiscal year 2024, the company reported operating revenue of 1.339 billion yuan, a year-on-year decrease of 0.55%, and a net profit of 73.2613 million yuan, down 55.96% year-on-year [3] - The company's gross profit margin stands at 41.37% [3] Market Position - As of April 3, the company's stock closed at 17.9 yuan, with a rolling price-to-earnings (PE) ratio of 99.74, significantly higher than the industry average PE of 68.46 [1][3] - Jiuyuan Yinhai's total market capitalization is 7.307 billion yuan, ranking 116th in the internet services industry [1][3] Shareholder Information - As of February 28, 2025, the number of shareholders in Jiuyuan Yinhai has increased to 59,848, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares per shareholder [1]

Core Insights - In 2024, the company achieved total operating revenue of 1.339 billion yuan, remaining flat year-on-year, while net profit attributable to shareholders decreased by 55.96% to 73 million yuan [2] - The company faced significant pressure on profits due to extended project implementation and acceptance cycles influenced by external factors, prompting proactive measures to enhance R&D, market expansion, cost management, and cash flow [2] - The company reported a net cash inflow from operating activities of 295 million yuan, an increase of 107 million yuan year-on-year, marking a substantial rise of 56.81% [2] AI Development and Applications - The company continues to advance its self-developed AI technology platform "Yin Hai Wen Yu," which is tailored for vertical sectors such as healthcare, digital governance, and smart cities, featuring strong reasoning and deep semantic capabilities [3] - In 2024, "Yin Hai Wen Yu" has been successfully applied in various fields, including digital governance and healthcare [3] - The company has developed several platforms, including AI + low-code "Ta+3," "MDLIFE Mobile Application Development Platform," and "Yin Hai Cloud Platform," to enhance R&D efficiency and streamline development processes [3] Strategic Focus - The company aims to deepen its core business while expanding into new areas, focusing on "healthcare + smart cities" as its strategic core [4] - It plans to strengthen R&D in cutting-edge IT technologies such as big data, cloud computing, AI, and blockchain, while enhancing governance and management capabilities [4] - The company is committed to continuous cost reduction, risk management, and improving accounts receivable credit management to ensure stable and high-quality business development [4]

四川久远银海软件股份有限公司（以下简称"公司"）已于 2025 年 3 月 24 日在巨潮资讯 网（www.cninfo.com.cn）上披露了《四川久远银海软件股份有限公司 2024 年年度报告》。为 使投资者进一步了解公司的财务状况、经营情况及公司发展规划，公司将于 2025 年 4 月 3 日 (星期四)15:00-17:00 在全景网举行 2024 年度网上业绩说明会，本次说明会将采用网络远程 方式举行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参与本次业 绩说明会。 公司拟出席本次年度业绩说明会的人员有：公司董事长兼总经理连春华先生、独立董事李 彦先生、财务总监兼董事会秘书杨成文先生（如有特殊情况参会人员可能进行调整）。为提升 交流的针对性以及业绩说明会的交流效果，现就公司 2024 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 2025 年 4 月 2 日（星期三）15：00 前 访问 https://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页面。 证券代码：002777 证券简称：久远银海 公告编号： ...

四川久远银海软件股份有限公司（以下简称"公司"）已于 2025 年 3 月 24 日在巨潮资讯 网（www.cninfo.com.cn）上披露了《四川久远银海软件股份有限公司 2024 年年度报告》。为 使投资者进一步了解公司的财务状况、经营情况及公司发展规划，公司将于 2025 年 4 月 3 日 (星期四)15:00-17:00 在全景网举行 2024 年度网上业绩说明会，本次说明会将采用网络远程 方式举行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参与本次业 绩说明会。 公司拟出席本次年度业绩说明会的人员有：公司董事长兼总经理连春华先生、独立董事李 彦先生、财务总监兼董事会秘书杨成文先生（如有特殊情况参会人员可能进行调整）。为提升 交流的针对性以及业绩说明会的交流效果，现就公司 2024 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 2025 年 4 月 2 日（星期三）15：00 前 访问 https://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页面。 公司将在 2024 年度业绩说明会上，对投资者普遍关注 ...

证券代码：002777 证券简称：久远银海 公告编号：2025-014 专利号：ZL 2021 1 1080658.4 专利权人：四川久远银海软件股份有限公司 专利申请日：2021年09月15日 授权公告日：2025年03月21日 授权公告号：CN 113779153 B 四川久远银海软件股份有限公司 关于获得发明专利证书的公告 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。 四川久远银海软件股份有限公司（以下简称"公司"）于近日取得国家知识产权局颁发的发 明专利证书，具体情况如下： 发明名称：一种数据同步方法、装置、电子设备及存储介质 该发明专利针对传统数据同步技术的局限性，提出了一种创新的解决方案，旨在突破现 有技术在安全性、时效性与差异化需求适配性上的瓶颈。该发明专利目前主要用于久远银海 区块链平台在混合组网架构下的分布式治理的技术支撑，同时也为数据要素的跨平台、跨组 织流通和交换提供了安全、灵活的传输介质，有效提升数据要素流通的效率和安全性。 上述专利权的取得不会对公司目前生产经营产生重大影响，但有利于完善知识产权保护 体系，发挥自主知识产权优势,增强 ...

久远银海2024财报：净利润剧降，董事长连春华薪 酬变化大 根据数据显示，四川久远银海（002777）软件股份有限公司2024年归属净利润7326.13万元，员工 总数3944人，人均薪酬14.91万元；董事长连春华薪酬107.2万元。 2023年-2024年，久远银海净利润变化显著。2023年归属净利润为1.66亿元，2024年降至7326.13万 元，同比下降55.96%。营业总收入方面，2023年报为13.47亿元，2024年报为13.39亿元，同比下降 0.55%，整体呈下降趋势。 2023年员工总数为4521人，人均薪酬14.04万元，2024年员工总数减少至3944人，人均薪酬上升至 14.91万元。 2023年董事长连春华的薪酬为128.77万元，2024年降至107.2万元。连春华出生于1974年，中国国 籍，无永久境外居留权，研究生学历，硕士学位。1994年和1997年毕业于兰州大学计算数学专业，分别 获得学士和硕士学位。曾在多家公司任职，2008年11月起在本公司工作，任事业部总经理，2017年11月 至今，任公司董事长兼总裁。 关键词阅读：久远银海 四川久远银海软件股份有限公司是智慧民生 ...