Financial Performance - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users[14]. - The company has achieved a 20% increase in revenue compared to the previous year, totaling RMB 200 million[14]. - The company's operating revenue for 2024 reached ¥3,399,232,271.99, representing a 9.43% increase compared to ¥3,106,224,652.97 in 2023[19]. - The net profit attributable to shareholders decreased by 1.64% to ¥161,112,339.63 from ¥163,799,122.03 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 53.02% to ¥85,838,177.68 from ¥56,096,991.60 in 2023[19]. - The total profit amounted to 169.68 million CNY, an increase of 3.49% compared to the previous year[76]. - The company achieved a total revenue of approximately 3.40 billion CNY, representing a year-on-year growth of 9.43%[76]. - The company’s cumulative undistributed profits as of the end of 2023 were -257.18 million CNY, indicating ongoing financial challenges[192]. Strategic Initiatives - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[14]. - The company is investing in R&D for new technologies, with an allocated budget of RMB 50 million for the upcoming year[14]. - Market expansion efforts include entering two new provinces, aiming for a 10% increase in market share by the end of the fiscal year[14]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market presence[14]. - The company is focusing on digital transformation and innovation in various sectors, including finance, energy, and healthcare, to enhance its service offerings[30]. - The company is focusing on three core business areas: fintech, smart IoT, and smart energy information, aligning with favorable policies and market opportunities[36]. - The company is committed to supporting the digital transformation of financial institutions through consulting, development, testing, and operational services[41]. Research and Development - The company is developing the open-source HarmonyOS, with the first phase already applied in finance, healthcare, and power industries, aiming for a standardized release in the next 2-3 years[92]. - The company has invested significantly in the OpenHarmony project, establishing a strong technical foundation and competitive advantage in the open-source field[142]. - R&D expenditure amounted to ¥357,628,195.58 in 2024, representing 10.52% of operating revenue[98]. - The company is committed to continuous R&D investment to optimize product structure and enhance service capabilities, targeting high-growth and high-margin innovative businesses[134]. - The company has implemented a training program focusing on performance improvement and action learning, with a significant emphasis on innovative business areas such as OpenHarmony and AI technologies in 2024[189]. Employee and Governance - The company has over 14,000 employees and operates in 22 major cities in China, as well as having branches in Japan, the USA, and Singapore[38]. - The total number of employees at the end of the reporting period is 14,016, with 4,430 in the parent company and 9,586 in major subsidiaries[186]. - The company reported a total compensation of 10.11 million yuan for 14 directors, supervisors, and senior management during the reporting period[176]. - The company has established a governance structure that complies with regulatory requirements, ensuring independent operations from its controlling shareholder[155]. - The company has a diverse management team with backgrounds in technology and finance, including positions in various subsidiaries and related companies[166]. Market Position and Competitive Edge - The company is focusing on innovation and digital transformation, aiming to empower industry clients with domestic and AI technology solutions[134]. - The company has established partnerships with several mainstream server manufacturers and industry benchmark clients, achieving sales in the reporting period[58]. - The company is positioned to leverage significant market opportunities in the domestic operating system sector due to national policies and the discontinuation of CentOS support[93]. - The company has achieved product breakthroughs in domestic operating systems, cloud computing, and AI technologies, passing compatibility tests with mainstream domestic hardware[134]. - The company is adopting a differentiated service model, increasing the proportion of professional delivery and comprehensive services to improve profitability[135]. Cash Flow and Financial Management - The net cash flow from operating activities decreased by 73.55% in 2024 compared to 2023, primarily due to increased employee compensation payments[106]. - The net cash flow from investing activities dropped by 153.87% year-over-year, mainly due to a decrease in cash recovered from investments[107]. - The total cash and cash equivalents decreased by 485.99% in 2024, indicating significant cash outflows[106]. - The company has established a credit approval system and a collection mechanism to mitigate the risk of bad debts, linking accounts receivable recovery rates to sales performance[133]. Shareholder Returns and Dividends - The company plans to distribute no cash dividends, no bonus shares, and no capital reserve conversion to share capital for the 2024 fiscal year due to negative retained earnings of -96.07 million CNY[194]. - The company emphasizes investor returns and has established a three-year shareholder return plan for 2024-2026, focusing on sustainable and stable profit distribution[153]. - The company approved a share repurchase plan using between RMB 150 million and RMB 300 million to maintain company value and shareholder rights[151]. Technological Innovations - The company is focused on technological innovation and new product development to maintain market competitiveness, especially in light of rapid advancements in AI technologies[131]. - The company launched the "HopeAITest Financial AI Testing Platform" to enhance testing efficiency and software quality[103]. - The company is integrating into strong industry ecosystems, forming strategic partnerships with leading tech firms like Alibaba Cloud to enhance its market position[136]. - The company is "All in AI," providing end-to-end large model solutions across various industries, enhancing AI value in diverse technology environments[144].

润和软件（300339）公告，2024年营业收入33.99亿元，同比增长9.43%。归属于上市公司股东的净利润 1.61亿元，同比下降1.64%。基本每股收益0.2元/股，同比下降4.76%。公司计划不派发现金红利，不送 红股，不以公积金转增股本。 ...

Core Insights - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of April 21, 2025, highlighting significant players in the industry [1]. Group 1: Market Capitalization Rankings - JD.com ranks 8th with a market capitalization of $504.58 billion [3]. - SMIC (Semiconductor Manufacturing International Corporation) is in 9th place with a market cap of $473.13 billion [3]. - Kuaishou Technology holds the 10th position with a market cap of $277.81 billion [3]. - Li Auto is ranked 12th with a market capitalization of $247.49 billion [3]. - Tencent Music is in 14th place with a market cap of $210.91 billion [3]. Group 2: Additional Notable Companies - Xpeng Motors is ranked 16th with a market cap of $173.41 billion [3]. - NIO is in 21st place with a market capitalization of $79.71 billion [3]. - Bilibili holds the 23rd position with a market cap of $67.76 billion, showing an upward trend [3]. - Vipshop is ranked 27th with a market cap of $64.15 billion [4]. - Kingsoft has a market cap of $62.85 billion, placing it 28th [4]. Group 3: Market Trends - The rankings reflect the competitive landscape of the Chinese technology sector, with significant fluctuations in market capitalizations among the top companies [1]. - The data is calculated based on the daily market values, converted using the current exchange rate between USD and HKD [5].

Group 1 - The core index performance shows mixed results, with the CSI Small Cap 500 Index down by 0.81% to 5556.86 points, with a trading volume of 163.75 billion [1] - Over the past month, the CSI Small Cap 500 Index has decreased by 8.15%, increased by 1.45% over the last three months, and has fallen by 2.15% year-to-date [1] - The top ten weighted stocks in the CSI Small Cap 500 Index include Guangqi Technology (0.88%), Jianghuai Automobile (0.85%), and Chifeng Gold (0.67%) [1] Group 2 - The industry composition of the CSI Small Cap 500 Index shows that industrials account for 22.12%, information technology for 18.54%, and materials for 14.61% [2] - Other sectors include healthcare at 10.41%, financials at 9.24%, and consumer discretionary at 7.41% [2] Group 3 - The CSI 500 Index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [3] - The adjustment process allows for a maximum sample change of 10%, with a buffer zone for daily trading volume rankings [3] - In special circumstances, temporary adjustments can be made to the CSI 500 Index, utilizing the highest-ranked securities from a prepared list [3]

Investment Rating - Industry rating: Recommended [5] Core Viewpoints - The ongoing tariff war between the US and China has intensified, with the US imposing a 34% tariff on Chinese imports, prompting China to respond with similar tariffs, which accelerates the domestic innovation and localization process in the technology sector [1][3][14] - The Chinese government emphasizes "technological self-reliance" as a core agenda, with policies aimed at enhancing key technology breakthroughs and increasing investment in basic research, which supports the growth of the domestic technology industry [2][26] - The tariff situation has led to significant market volatility, with the Chinese stock market experiencing a drop of over 7% in a single day, but state-owned enterprises have stepped in to stabilize the market through share buybacks and acquisitions [3][32] Summary by Sections 1. Changes in Foreign Tariff Policies - The US has implemented a "reciprocal tariff" policy, raising tariffs on Chinese goods, which has increased the cost of imported high-end components for the Chinese tech industry, particularly in hardware sectors like chips and servers [1][14][19] - The tariff war has created short-term challenges for the domestic innovation industry, but it also accelerates the push for domestic alternatives and self-sufficiency in technology [19][35] 2. Policy Promotion of Self-Reliance - The Chinese government has introduced measures to strengthen key technology research and optimize the layout of scientific research resources, aiming to create a trillion-level domestic innovation industry cluster by 2027 [2][28] - Local governments are also implementing supportive policies to promote domestic technology development, focusing on areas such as artificial intelligence and software ecosystems [28][30] 3. Corporate Actions and Domestic Tariff Responses - In response to the tariff war, state-owned enterprises have increased share buybacks to bolster market confidence, with 18 central enterprises taking action to stabilize the market [3][32] - The domestic chip market is benefiting from the increased prices of imported chips, highlighting the competitive advantage of domestic alternatives [3][31] 4. Investment Recommendations - Beneficial targets include core domestic innovation companies such as China Software, China Great Wall, and Dongfang Tong, as well as domestic computing and chip firms like Tuwei Information and Haiguang Information [4][39]

证券代码：300339 证券简称：润和软件 公告编号：2025-010 江苏润和软件股份有限公司 关于控股股东及实际控制人部分股份质押的公告 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。 特别风险提示： 截至本公告披露日，江苏润和软件股份有限公司（以下简称"本公司"、"公 司"、"上市公司"）控股股东、实际控制人合计持有本公司股份 60,316,585 股， 占本公司总股本的 7.57%。本次股份质押后，控股股东江苏润和科技投资集团有 限公司（以下简称"润和投资"）及实际控制人周红卫先生合计处于质押状态的 本公司股份共计 59,890,000 股，占其合计持有本公司股份总数的 99.29%，占本 公司总股本的 7.52%。敬请投资者注意投资风险。 一、股东股份质押的基本情况 （一）控股股东润和投资、实际控制人周红卫先生本次股份质押系用于融资 担保。上述股份质押融资不涉及用于满足上市公司生产经营相关需求。 公司于近日接到本公司控股股东润和投资和实际控制人周红卫先生的通知， 获悉润和投资和周红卫先生将其持有的本公司部分股份办理了质押业务，具体事 项如下： | 股 ...

Investment Rating - The report maintains a "Recommendation" rating for the industry [5] Core Viewpoints - The emphasis on "technology domestic demand" is highlighted, with a focus on self-reliance and control as a core theme in the context of major power competition [3][10][22] - The report suggests that the domestic computing demand and self-reliance will be the main drivers for investment opportunities in the technology sector [3][22] - The report identifies key areas of focus including domestic AI computing, national software innovation (信创), military information technology, and the Harmony OS ecosystem [3][22] Summary by Sections Market Review - The Shanghai Composite Index fell by 1.37%, the SME Index by 2.93%, and the ChiNext Index by 2.95% during the week of March 31 to April 3 [30] Industry News - The report discusses the release of the national measurement list which is expected to accelerate the domestic innovation industry [14] - It notes the importance of the Harmony OS as a significant new player in the domestic operating system market, particularly in PCs [15] Company Dynamics - Highwei Technology plans to reduce its shareholding by up to 4,400,000 shares, accounting for 1% of the total share capital [27] - The report mentions that Lai Si Information has completed the registration and filing procedures for changing its legal representative [27] Investment Suggestions - The report recommends focusing on companies involved in domestic AI computing, national software innovation, military information technology, and key players in the Harmony OS ecosystem [22] - Specific companies highlighted include Haiguang Information, Cambrian, Inspur Information, China Software, and others across various segments [22][21]

Group 1 - The core index of the software sector, the CSI All Share Software Index, opened lower but experienced a slight increase of 0.67%, closing at 14,174.3 points with a trading volume of 20.589 billion yuan [1] - Over the past month, the CSI All Share Software Index has decreased by 6.92%, while it has increased by 5.78% over the past three months and year-to-date [2] - The index is composed of publicly listed companies involved in software development, reflecting the overall performance of this sector [2] Group 2 - The top ten weighted companies in the CSI All Share Software Index include: iFlytek (10.46%), Kingsoft Office (8.08%), Tonghuashun (7.06%), Hang Seng Electronics (4.95%), Runhe Software (4.83%), 360 (4.3%), Yonyou Network (3.6%), Tuwei Information (3.37%), Sangfor Technologies (3.02%), and China Software (3.01%) [2] - The index's holdings are primarily listed on the Shenzhen Stock Exchange, accounting for 58.79%, while the Shanghai Stock Exchange accounts for 41.21% [2] - The index is entirely composed of companies in the information technology sector, with a 100% allocation [3] Group 3 - The CSI All Share Software Index undergoes adjustments every six months, with the next adjustment scheduled for the second Friday of June and December [3] - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or undergoes mergers and acquisitions [3] - Public funds tracking the software index include various ETFs and fund products from Guotai, Zhaoshang, and Huatai [3]

证券代码：300339 证券简称：润和软件 公告编号：2025-008 第七届董事会第十四次会议于 2025 年 4 月 2 日下午 15:00 在公司会议室以现场 结合通讯表决的方式召开，会议通知及相关资料于 2025 年 3 月 28 日以电话、邮 件、专人送达等方式发出，全体董事已经知悉本次会议所议事项。本次会议应出 席董事 7 人，实际出席董事 7 人。本次会议由公司董事长周红卫先生主持，公司 监事和高级管理人员列席会议，会议的召开符合《公司法》和《公司章程》及其 他有关法律、法规，本次会议的召集和召开程序合法有效。 本次董事会会议审议并通过如下决议： 一、审议通过了《关于调整公司第二期员工持股计划持有人份额的议案》。 鉴于原持有对象中的部分员工因个人原因离职，根据公司《第二期员工持股 计划（草案修订稿）》《第二期员工持股计划管理办法（修订稿）》的相关规定， 公司第二期员工持股计划管理委员会收回 10 名相关人员未解锁的权益份额共计 况进行调整。根据公司《第二期员工持股计划（草案修订稿）》《第二期员工持 股计划管理办法（修订稿）》的规定及 2022 年第一次临时股东大会的授权，公 司董事会同意公司第二 ...

根据《公司法》 《证券法》 《关于上市公司实施员工持股计划试点的指导意见》 《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 等法律、法规及规范性文件及《公司章程》的规定，经认真审阅相关会议资料及 全体监事充分全面的讨论与分析，现就相关事项发表如下核查意见： 一、关于调整公司第二期员工持股计划持有人份额的核查意见 经审核，监事会认为： 江苏润和软件股份有限公司监事会 关于公司第二期员工持股计划持有人份额调整事项的 核查意见 综上所述，我们一致同意本次调整公司第二期员工持股计划持有人份额事项。 （以下无正文） （本页无正文，为江苏润和软件股份有限公司监事会关于公司第二期员工持 股计划持有人份额调整事项的核查意见签字页） 监事签字： | ___________________ | | __________________ | __________________ | | | --- | --- | --- | --- | --- | | 赵 | 澍 | 黄晓萍 | 李 | 婷 | | | | | 江苏润和软件股份有限公司 | | 监 事 会 工持股计划（草案修订稿）》《第二期员工持股计划 ...