证券代码：300170 证券简称：汉得信息 公告编号：2025-023 上海汉得信息技术股份有限公司 关于 2024 年年度权益分派实施的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、截至本公告披露日，上海汉得信息技术股份有限公司（以下简称"公司" 或"本公司"）总股本为 984,845,711 股，其中公司回购专用证券账户持有公司 股份 529,690 股，该部分股份不享有利润分配权利。以公司目前总股本 984,845,711 股扣除公司回购专用证券账户中已回购的 529,690 股后的股本 984,316,021 股为基数，向全体股东每 10 股派发现金红利人民币 0.48 元（含 税），合计派发现金红利人民币 47,247,169.01 元（含税），不送红股、不以资 本公积金转增股本。 公司 2024 年年度权益分派方案已获 2025 年 5 月 13 日召开的 2024 年年度股 东大会审议通过，现将权益分派事宜公告如下： 一、股东大会审议通过利润分配方案等情况 1、公司 2024 年年度股东大会审议通过的 2024 年度利润分 ...

证券代码：300170 证券简称：汉得信息 公告编号：2025-022 上海汉得信息技术股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1．本次股东大会无增加、变更、否决提案的情况； 2．本次股东大会以现场投票表决、网络投票表决相结合的方式召开； 3.本次股东大会不涉及变更前次股东大会决议。 一、会议召开和出席情况 1、本次股东大会的召开时间： （3）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 5 月 13 日上午 9:15—9:25，9:30—11:30，下午 13:00－15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 5 月 13 日 上午 9:15 至 2025 年 5 月 13 日下午 15:00 期间的任意时间。 （4）会议召开方式：本次会议采用现场投票表决、网络投票表决相结合的 方式。 （5）会议召集人：上海汉得信息技术股份有限公司（以下简称"公司"） 董事会 （6）现场会议主持人：董事长陈迪清先生 （7）本次会议的召集、 ...

Jin Mao Partners 金 茂 凯 德 律 师 事 务 所 13F,HongKong New World Tower, No.300 Huaihai Zhong Rd, Shanghai, 200021,P.R.C. 中国上海淮海中路 300 号香港新世界大厦 13 层邮编：200021 Tel/电话:(8621)63872000 Fax/传真:(8621)63353272 上海金茂凯德律师事务所 关于上海汉得信息技术股份有限公司 2024 年年度股东大会的法律意见书 公司董事会于 2025 年 4 月 22 日在深圳证券交易所网站和巨潮资讯网上刊登了 《上海汉得信息技术股份有限公司关于召开 2024 年年度股东大会的通知》。会议 通知包括本次股东大会召开的基本情况（股东大会届次、股东大会召集人、会议 召开的合法、合规性、会议召开的时间、会议召开方式、股权登记日、出席对象、 现场会议召开地点）、本次股东大会审议的议案、会议登记等事项（登记时间、 登记地点、登记手续、联系方式等）、本次股东大会网络投票的具体操作流程、 备查文件及附件。 公司本次股东大会采取现场投票表决、网络投票表决相结合的方式，公司现 ...

Group 1 - Over 170 stocks received initial attention from institutions this week, with 56 institutions issuing a total of 1551 "buy" ratings covering 877 stocks, a significant increase compared to the pre-holiday period [2][8] - Among the stocks, 10 with a market capitalization exceeding 100 billion yuan received focus from five or more institutions, indicating strong institutional interest in large-cap stocks [2][5] Group 2 - The pharmaceutical and biotechnology sector saw the highest number of stocks, with 100 stocks under coverage, followed by the electronics and power equipment sectors, each with over 50 stocks [3] - Recent policies from multiple government departments aim to enhance the digital transformation of the pharmaceutical industry, focusing on coordinated development and smart regulation, which is expected to drive investment in innovative drugs [3] Group 3 - Notable stocks receiving significant attention include Mindray Medical and Kweichow Moutai, each receiving "buy" ratings from nine institutions, while other companies like Shenguan Medical and Shanxi Fenjiu received seven ratings [4][5] - Kweichow Moutai is projected to achieve over 5 billion yuan in overseas revenue for 2024, with a target price set at 2205.63 yuan, suggesting a potential upside of nearly 40% [5] Group 4 - Companies like Gree Electric and Sailun Tire have announced share buyback plans, with Gree's buyback amounting to a minimum of 10.5 billion yuan, reflecting confidence in their stock performance [11][12] - Sailun Tire's net profit for 2024 is expected to increase by over 30%, indicating strong financial performance despite a recent stock price decline [12][13]

证券研究报告：计算机 | 公司点评报告 发布时间：2025-05-08 股票投资评级 买入 |首次覆盖 个股表现 2024-05 2024-07 2024-09 2024-12 2025-02 2025-05 -23% 7% 37% 67% 97% 127% 157% 187% 217% 247% 277% 汉得信息 计算机 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 19.73 | | --- | --- | | 总股本/流通股本（亿股）9.85 | / 9.48 | | 总市值/流通市值（亿元）194 | / 187 | | 52 周内最高/最低价 | 25.22 / 5.76 | | 资产负债率(%) | 18.0% | | 市盈率 | 103.84 | | 第一大股东 | 陈迪清 | 研究所 分析师:孙业亮 SAC 登记编号:S1340522110002 Email:sunyeliang@cnpsec.com 分析师:常雨婷 SAC 登记编号:S1340523080001 Email:changyuting@cnpsec.com 汉得信息(300170) 构建自主 AI a ...

证券研究报告：计算机 | 公司点评报告 发布时间：2025-05-08 股票投资评级 买入 |首次覆盖 个股表现 2024-05 2024-07 2024-09 2024-12 2025-02 2025-05 -23% 7% 37% 67% 97% 127% 157% 187% 217% 247% 277% 汉得信息 计算机 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 19.73 | | --- | --- | | 总股本/流通股本（亿股）9.85 | / 9.48 | | 总市值/流通市值（亿元）194 | / 187 | | 52 周内最高/最低价 | 25.22 / 5.76 | | 资产负债率(%) | 18.0% | | 市盈率 | 103.84 | | 第一大股东 | 陈迪清 | 研究所 分析师:孙业亮 SAC 登记编号:S1340522110002 Email:sunyeliang@cnpsec.com 分析师:常雨婷 SAC 登记编号:S1340523080001 Email:changyuting@cnpsec.com 自主软件产品业务全年实现收入 17.74 亿 ...

Core Viewpoint - Han's Information is focusing on building autonomous AI agent solutions to promote B-end applications, aiming to enhance its digital and intelligent product offerings for large enterprise clients [1][2]. Group 1: Company Overview - Han's Information has been deeply engaged in the computer software service sector, providing digital and intelligent products and solutions to over 7,000 leading enterprises across various industries including manufacturing, finance, retail, and energy [1]. - The company has transitioned from being a pure ERP service provider to a software product vendor, establishing four main business lines and focusing on traditional ERP and ITO services for stability while driving growth through self-developed products [3]. Group 2: Product Development - At the 2025 Han's User Conference, the company launched its B-end AI application product/service series "De.Ling," which includes three major product series and one service series, aimed at supporting enterprises in building AI capability systems and upgrading their intelligence [2]. - The company plans to release version 1.6 of the Lingyuan AI platform by the end of May 2024, which will fully support MCP [2]. Group 3: Financial Performance - In 2024, the company achieved an 8.57% year-on-year revenue growth, with self-developed software product revenue reaching 1.774 billion yuan, a 16.17% increase from the previous year [4]. - The revenue from self-developed software products accounted for 54.83% of total revenue in 2024, up from 51.24% in 2023, with industrial digitalization showing the most significant growth at 21.27% [4]. Group 4: Incentives and Growth Strategy - In April 2024, the company announced a restricted stock incentive plan, proposing to grant 41.98 million shares to 268 incentive targets, which represents 4.26% of the total share capital [5]. - The incentive plan includes ambitious revenue and net profit targets for 2025, which are expected to enhance the company's competitive capabilities and motivate employees [5]. Group 5: Investment Outlook - The company is projected to have EPS of 0.25, 0.31, and 0.38 yuan for 2025, 2026, and 2027 respectively, with corresponding PE ratios of 80.00, 64.29, and 52.94 times [6]. - Given its position as a leading digital service provider and the integration of advanced technologies with ecosystem partners, the company is expected to accelerate the deployment of AI agents in enterprises, leading to a "buy" rating [6].

Investment Rating - The report maintains a "Recommended" investment rating for the computer industry [5] Core Viewpoints - The computer industry is experiencing a bottoming phase with a slight increase of 0.99% in the index during the week of April 21-25, 2025. The overall market sentiment is positive, with the Shanghai Composite Index rising by 0.56%, the Shenzhen Component Index by 1.38%, and the ChiNext Index by 1.74% [1][10] - The report highlights the significant growth in the AI sector, driven by national policy support and increasing investments from companies in product development and application scenarios. The long-term growth potential of the AI industry is emphasized [3][19] - Companies like Hand Information are focusing on AI as a strategic development area, with successful implementations in various sectors such as marketing, supply chain, and finance, leading to high-quality incremental revenue [3][20] Summary by Sections Market Review - The computer index showed a slight upward trend, with specific sub-sectors like software development and IT services performing better than hardware [1][12] Performance Summary - Hand Information reported a revenue of 3.235 billion yuan in 2024, a year-on-year increase of 8.57%, with a net profit of 188 million yuan [2][16] - Koyuan Wisdom achieved a revenue of 1.682 billion yuan, up 19.55%, and a net profit of 252 million yuan, reflecting a growth of 56.64% [2][16] - Rui Ming Technology reported a revenue of 2.777 billion yuan, a significant increase of 63.45%, with a net profit growth of 184.50% [2][16] Investment Insights - The report indicates that the computer industry is under pressure in terms of overall operating performance for 2024, but the AI sector is seeing increased investment and positive outcomes. The collaboration between companies and AI partners is leading to successful applications and revenue growth [3][20]

Financial Performance - The company reported a cash balance of 1.2 billion and a credit line of 2.4 billion, indicating a strong liquidity position despite considering future financing options [2] - In Q4 2024, the company achieved its highest quarterly revenue, but the net profit after deducting non-recurring items was only around 20 million, primarily due to increased management expenses [3] - The first quarter of 2025 saw a nearly 30% growth in net profit after deducting non-recurring items, and a 100% increase compared to the same period last year when excluding stock incentive costs [5] Business Adjustments and Growth - The company is experiencing a normal growth rate in its proprietary software products, while traditional ERP business has slightly declined due to strategic adjustments towards AI market demands [4] - AI-related business opportunities have increased significantly since the Spring Festival, but the conversion of orders typically takes several months, with expectations for acceleration in Q2 and Q3 [4][6] - The company plans to enhance its AI agent and MCP (Multi-Cloud Platform) capabilities, focusing on autonomous agents that can improve operational efficiency in manufacturing [6] Strategic Initiatives - The company launched an enterprise-level AI application product/service system named "DeLing," which includes various AI products and services contributing to its revenue [8] - The company aims for over 10% growth in overseas markets by transitioning from "service export" to "product export," with positive reception for its AI products [8] - The company is exploring the integration of AI applications in the healthcare sector through its subsidiary, Dingyi Information, which is developing AI solutions for hospitals [9] Profitability Outlook - The gross margin for the AI agent business exceeded 40% last year, with plans to optimize for higher profitability this year [7] - Future profit growth is expected from the increasing maturity of proprietary software products and the anticipated strong performance of new strategic business areas, including enterprise AI applications and PaaS platforms [9]

Group 1: Xianheng International - The company achieved revenue of 3.606 billion yuan, a year-on-year increase of 23.15%, and a net profit of 223 million yuan, a year-on-year increase of 130.67% [1] - In 2024, the company plans to deepen its focus on the power grid sector and expand into oil and gas, power generation, etc., with projected sales of 1.091 billion yuan, a year-on-year increase of 70.97% [1] - The company is utilizing technologies such as drones and embodied intelligence for secondary research and development, leading to product upgrades [1] - The dividend plan for 2024 is set at 0.36 yuan per share, with a total cash dividend and buyback amounting to 203 million yuan, representing a cash dividend ratio of 91.24% [1] - In 2025, the company aims to enhance quality and efficiency, optimize the supply chain, strengthen talent development, and pursue strategic external expansion, including potential mergers and acquisitions [1] - The impact of the China-US tariff trade war on the company is minimal, as its main clients are domestic state-owned enterprises, with a small proportion of overseas business [1] Group 2: Hand Information - In 2024, the company reported revenue of 3.235 billion yuan, a year-on-year increase of 8.57%, and turned a profit with improved cash flow, while its proprietary software business grew by 16.17% [2] - In Q1 2025, the company maintained stable revenue of 740 million yuan [2] - The company aims to gradually increase its profit margin, targeting a return to a historical high of 16%, with AI business revenue expected to double by 2025, reaching 33 million yuan in Q1 [2] - By 2027, AI business is anticipated to become mainstream, with a focus on technology research and development, product layout, and market expansion over the next two to three years [2] - Over 90% of revenue comes from existing customers, providing a solid foundation for promoting new business [2] - The company plans to launch proprietary intelligent agents and MCP business in the second half of the year, with a strong profit margin in AI business and high customer stickiness [2]