4月20日晚间北信源发布2025年度向特定对象发行股票预案。 本次向特定对象发行股票采用竞价方式，本次向特定对象发行的定价基准日为发行期首日，发行价格不 低于定价基准日前20个交易日公司股票交易均价的80%。 本次发行的股票种类为境内上市人民币普通股（A股），每股面值为人民币1.00元。本次发行的股票将 在深圳证券交易所创业板上市交易。本次向特定对象发行的股票数量按照募集资金总额除以发行价格确 定，且不超过本次发行前总股本的30%，即不超过434，947，226股（含本数）。 本次募集资金总额不超过人民币47，733.04万元（含本数），在扣除相关发行费用后的募集资金净额拟 投资于信源密信安全AI基座项目、智能应急响应平台研发项目。 分红缺失与实控人减持套现 另一方面，公司成本或暴露相关管理问题。数据显示，军工客户成本激增134%，政府项目成本上升 67%，导致营业成本同比增加33.19%，远超收入降幅（-24.31%）。 此外，公司经营性现金流连续两年为负，2024年净流出7261万元，同比恶化200.87%； 应收账款周转率0.89次：账期长达409天，5.17亿元营收中2.1亿元为应收账款，存在坏账风险 ...

中国经济网北京4月21日讯北信源（300352）(300352.SZ)昨晚披露《公司2025年度向特定对象发行股票 预案》称，本次发行对象为符合中国证监会、深交所规定的证券投资基金管理公司、证券公司、信托公 司、财务公司、保险机构投资者、合格境外机构投资者、人民币合格境外机构投资者，以及符合中国证 监会、深交所规定的其他法人、自然人或其他合法投资组织，发行对象不超过35名(含)。证券投资基金 管理公司、证券公司、合格境外机构投资者、人民币合格境外机构投资者以其管理的二只以上产品认购 的，视为一个发行对象。信托公司作为发行对象的，只能以自有资金认购。本次发行的所有发行对象均 以人民币现金方式并以同一价格认购公司本次发行的股票。 本次向特定对象发行股票采用竞价方式，本次向特定对象发行的定价基准日为发行期首日，发行价格不 低于定价基准日前20个交易日公司股票交易均价的80%。 本次发行的股票种类为境内上市人民币普通股(A股)，每股面值为人民币1.00元。本次发行的股票将在 深圳证券交易所创业板上市交易。本次向特定对象发行的股票数量按照募集资金总额除以发行价格确 定，且不超过本次发行前总股本的30%，即不超过434, ...

Group 1 - The core viewpoint of the news is the disclosure of institutional and public fund holdings in Beixin Source (300352.SZ) as of April 20, 2025, indicating a decrease in holdings by major institutional investors compared to the previous quarter [1] - A total of 71 institutional investors hold shares in Beixin Source, with a combined holding of 66.0067 million shares, representing 4.55% of the total share capital [1] - The top ten institutional investors account for 4.23% of the total shares, showing a decline of 1.04 percentage points from the previous quarter [1] Group 2 - In the public fund sector, four funds reported a decrease in holdings compared to the previous quarter, with a reduction rate of 0.56% [2] - A total of 65 new public funds disclosed their holdings during this period, including several notable funds such as the Fuguo CSI 1000 ETF and the Zhaoshang CSI 1000 Enhanced Index A [2] - From the foreign investment perspective, one foreign fund, Hong Kong Central Clearing Limited, increased its holdings, accounting for a rise of 0.79% [2]

Core Viewpoint - The company is a leading provider in the domestic terminal security management field, offering comprehensive information security solutions that support national strategies for information technology innovation and security [3][4]. Company Overview - The company is recognized as a leader in terminal security management and a prominent solution provider in the network and information security sector, serving critical industries such as government, military, finance, and energy [3][4]. - The company has developed a complete ecosystem of information security products and solutions, focusing on three main areas: information security and innovation, high-security communication, and national defense intelligence [3][4]. Main Business and Product Introduction Information Security and Innovation - The company has established a "pan-terminal" security management system that integrates various types of terminals, enhancing network security management capabilities [5][6]. - The company has launched a new integrated internal network security management platform that addresses compatibility issues among different security systems, improving user experience [5][6]. High-Security Communication and Mobile Office - The company has developed a secure instant communication platform, "Xinyuan Mixin," which supports various applications and enhances digital transformation for government and enterprise clients [23][24]. - The platform employs advanced security measures, including end-to-end encryption and multi-dimensional protection, ensuring data confidentiality during transmission and storage [24][25]. National Defense Intelligence and Ecological Construction - The company is addressing complex security challenges in national defense by integrating intelligent security management systems that utilize advanced technologies such as AI and blockchain [36][37]. - The company has implemented a multi-layered defense mechanism for military facilities, enhancing security through real-time monitoring and intelligent decision-making [37][38]. Financial Audit and Reporting - The company received a standard unqualified audit opinion from its accounting firm, indicating a stable financial position [2]. - The company has not declared any cash dividends or stock bonuses for the reporting period, focusing on reinvestment for growth [2]. Strategic Development - The company is committed to aligning its product offerings with national strategies for information security and innovation, actively participating in the development of a secure and reliable ecosystem for information technology [8][19]. - The company is expanding its product matrix to include a comprehensive range of security solutions that cover the entire lifecycle of data protection, from storage to transmission and application [19][20].

Core Viewpoint - Despite increasing policy emphasis on cybersecurity, Beixin Source (300352.SZ) experienced a significant decline in performance for 2024, with revenue dropping by 24.31% and a net loss of 145 million yuan [1][2]. Financial Performance - In 2024, Beixin Source reported revenue of 517 million yuan, a decrease of 24.31% year-on-year [2]. - The company's net profit attributable to shareholders turned into a loss of 145 million yuan, contrasting with previous years of profitability [1][2]. - The overall gross margin fell from 74.76% in 2023 to 55.59% in 2024, reflecting a nearly 20 percentage point decline [2]. - Revenue from government clients decreased from 39.43% in 2023 to 34.77% in 2024, with a year-on-year decline of 33.25% [2]. - Revenue from the financial sector also saw a decline of 28.31% [2]. - Operating costs increased by 33.19%, with significant rises in costs associated with government (67.17%), military (134.42%), and financial clients (13.51%) [2]. Dividend Policy - As of December 31, 2024, Beixin Source reported an accumulated deficit of 407 million yuan and announced that it would not distribute cash dividends or issue bonus shares for the year [3]. Fundraising and Investment Plans - Beixin Source plans to raise up to 477 million yuan through a private placement, targeting projects related to "Xinyuan Mixin Security AI Base" and "Intelligent Emergency Response Platform" [4]. - The total investment for these projects is approximately 555 million yuan [4]. - The "Xinyuan Mixin" is designed for government, military, and state-owned enterprise clients, offering a secure instant communication platform with various functionalities [5][6]. Market Positioning - Beixin Source emphasizes that its "Xinyuan Mixin" product has superior confidentiality and business capacity compared to other instant messaging products from major internet companies [6]. - The company plans to expand into the consumer market by developing standardized product forms to meet individual user needs for communication security and privacy protection [6].

Group 1: Market Overview - US stock index futures fell on Monday, and the US dollar index dropped below 99.00 for the first time since April 2022 [2] - Trump hinted at a desire to lower tariffs on China, suggesting a potential agreement within a month [2] - The domestic stock market is being supported by government efforts to stabilize the market and promote healthy development in the real estate sector [5][11] Group 2: Company Developments - MP Materials has ceased exporting rare earth concentrates to China, which may lead to a tightening of domestic supply and a potential increase in overseas rare earth prices [4][12] - Tesla's production of the low-cost Model Y may be delayed until next year, with significant sales declines reported in Europe, particularly in Germany, Denmark, and Sweden, where sales fell over 50% [3] - The first quarter saw significant profit increases for several companies, including: - Cambrian Technology with a net profit of 355 million yuan, turning a profit year-on-year [16] - Zhongji Xuchuang with a net profit of 1.583 billion yuan, up 56.83% year-on-year [16] - Zhengdan Co. with a net profit of 389 million yuan, a 558.59% increase year-on-year [16] Group 3: Industry Trends - The consumer electronics industry is experiencing a recovery, driven by demand for passive components like MLCCs, with prices rising due to increased orders and low inventory levels [13] - The humanoid robot industry is gaining traction, with the first humanoid robot half-marathon held in Beijing, showcasing advancements in robotics and potential market expansion [14] - The AI sector is driving demand for passive components, with projections indicating that the demand for MLCCs in AI applications will grow at an annual rate exceeding 30% by 2030 [13]

前十大流通股东累计持有： 14290.35万股，累计占流通股比： 11.71%，较上期变化： -799.41万股。 一、主要会计数据和财务指标 数据四舍五入，查看更多财务数据>> | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.0999 | 0.0045 | -2320 | -0.1290 | | 每股净资产（元） | 0.96 | 1.06 | -9.43 | 1.07 | | 每股公积金(元) | 0.22 | 0.22 | 0 | 0.22 | | 每股未分配利润(元) | -0.28 | -0.18 | -55.56 | -0.19 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 5.17 | 6.83 | -24.3 | 5.43 | | 净利润(亿元) | -1.45 | 0.07 | -2171.43 | -1.87 | | 净资产收益率(%) | -9.84 | 0.43 | -2388.37 | ...

证券代码：300352 证券简称：北信源 公告编号：2025-030 北京北信源软件股份有限公司 Beijing VRV Software Corporation Limited. 北京市海淀区中关村南大街 34 号中关村科技发展大厦 C 座 1602 室 2025 年度向特定对象发行股票方案的论证 分析报告 二〇二五年四月 | 一、本次发行的背景和目的 2 | | --- | | （一）本次发行的背景 2 | | （二）本次向特定对象发行的目的 4 | | 二、本次发行证券及其品种选择的必要性 5 | | （一）本次发行股票的品种 5 | | （二）本次证券发行品种选择的必要性 5 | | 三、本次发行对象的选择范围、数量和标准的适当性 6 | | （一）本次发行对象选择范围的适当性 6 | | （二）本次发行对象数量的适当性 6 | | （三）本次发行对象标准的适当性 6 | | 四、本次发行定价的原则、依据、方法和程序的合理性 7 | | （一）本次发行定价的原则和依据 7 | | （二）本次发行定价方法和程序 7 | | 五、本次发行方式的可行性 8 | | （一）本次发行方式合法合规 8 | | （ ...

证券代码：300352 证券简称：北信源 公告编号：2025-032 北京北信源软件股份有限公司 Beijing VRV Software Corporation Limited. 北京市海淀区中关村南大街 34 号中关村科技发展大厦 C 座 1602 室 4、本预案是公司董事会对本次向特定对象发行股票的说明，任何与之相反 的声明均属不实陈述。 5、投资者如有任何疑问，应咨询自己的股票经纪人、律师、专业会计师或 其他专业顾问。 2025 年度向特定对象发行股票预案 二〇二五年四月 2025 年度向特定对象发行股票预案 公司声明 1、本公司及董事会全体成员保证本预案内容真实、准确、完整，并确认不 存在虚假记载、误导性陈述或重大遗漏，对本预案内容的真实性、准确性、完整 性承担个别和连带的法律责任。 2、本预案按照《上市公司证券发行注册管理办法》等要求编制。 3、本次向特定对象发行股票完成后，公司经营与收益的变化由公司自行负 责；因本次向特定对象发行股票引致的投资风险，由投资者自行负责。 6、本预案所述事项并不代表审批机关对于本次向特定对象发行股票相关事 项的实质性判断、确认或批准，本预案所述本次向特定对象发行股票 ...

关于 2025 年度向特定对象发行股票预案披露的提示性公告 关于 2025 年度向特定对象发行股票预案披露的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 北京北信源软件股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召 开第五届董事会第六次会议、第五届监事会第六次会议，审议通过了《关于公司 2025 年度向特定对象发行股票预案的议案》等相关议案。 《北京北信源软件股份有限公司 2025 年度向特定对象发行股票预案》等相 关文件已于 2025 年 4 月 21 日在巨潮资讯网（www.cninfo.com.cn）披露，敬请投 资者查阅。 向特定对象发行股票的预案的披露事项不代表审批、注册部门对于本次发行 股票相关事项的实质性判断、确认或批准，预案所述本次发行股票相关事项的生 效和完成尚待深圳证券交易所审核通过，并经中国证监会同意注册。敬请广大投 资者注意投资风险。 特此公告。 北京北信源软件股份有限公司董事会 证券代码：300352 证券简称：北信源 公告编号：2025-033 北京北信源软件股份 ...