绿盟科技集团股份有限公司 2024 年度 2024 年度非经营性资金占用及其他关联资金往来的专项说明 XYZH/2025TJAA2B0078 绿盟科技集团股份有限公司 绿盟科技集团股份有限公司全体股东： 非经营性资金占用及其他关联资金往来的 专项说明 | 索引 | 页码 | | --- | --- | | 专项说明 | 1-2 | | 非经营性资金占用及其他关联资金往来情况汇总表 | 1-2 | | 信念 中和合分析 工 五 元 城 上 豆 元 城 北 下 街 我 下 在 我 | | --- | | telephone: +86 (010) 6554 2288 8 号富华大厦 A 座 9 层 | | 9/F, Block A, Fu Hua Mansion, ShineWing | | No.8, Chaoyangmen Beidajie, | | Dongcheng District, Beijing, 传真: +86 (010) 6554 7190 | | certified public accountants 100027, P.R.China facsimile: +86 (010) 6554 71 ...

Financial Performance - The company achieved operating revenue of CNY 2,358,012,914.93, a year-on-year increase of 40.29%[24] - The net profit attributable to shareholders was a loss of CNY 364,807,400.91, a reduction in loss of 62.66% compared to the previous year[24] - The net cash flow from operating activities was CNY 135,912,706.16, an increase of 167.20% year-on-year[24] - The basic earnings per share were CNY -0.46, improving by 62.60% from CNY -1.23 in the previous year[24] - Total assets at the end of 2024 were CNY 4,613,581,963.76, an increase of 11.04% from the end of 2023[24] - The company reported a weighted average return on net assets of -13.72%, an improvement of 16.87% from -30.59% in the previous year[24] - The company reported a net profit of ¥150,109,700 for Q1 2024, a decrease from ¥181,466,000 in Q1 2023[121] - The company’s revenue primarily comes from network security product sales, security service provision, and third-party product sales[81] Market and Industry Trends - The market size of the cybersecurity industry continues to grow, with a broad development prospect in the context of digital China construction[4] - The network security industry is experiencing a slowdown in growth despite a recovery in demand, influenced by increasing security threats and evolving regulations[33] - The government aims for the data security industry to reach a total scale of ¥150 billion by 2025, with a compound annual growth rate of 30%[35] - New regulations and policies are being implemented to enhance the network security legal framework, driving compliance and investment in security infrastructure[37] - The emergence of AI technologies is reshaping the industry, creating new security demands and necessitating proactive governance measures[38] Strategic Focus and Initiatives - The company is focusing on strategic implementation to stabilize and recover its operations amidst industry challenges[4] - The company is focusing on digital transformation and innovation in response to the evolving landscape of the digital economy[34] - The company aims to support digital transformation and contribute to the construction of a digital China[59] - The company’s mission is to ensure smooth business operations for clients by acting as "experts behind giants"[59] - The company is committed to exploring new technologies and fields in security research, particularly in response to the emergence of AI technologies[60] Research and Development - The company has invested $500 million in research and development for new technologies aimed at enhancing user experience and security[55] - The company has established eight laboratories focusing on various security fields, enhancing its competitive edge through continuous innovation[92] - The company has launched innovative products in data security, cloud computing security, and industrial internet security, maintaining its competitive edge in core product areas[102] - The company has made significant investments in data security, focusing on standard formulation, pilot applications, and solution development, achieving a comprehensive ranking of first in the national "Data Security Cup" competition[61] - The company has launched the AI Security Capability Platform, integrating various AI models and tools to enhance sensitive data identification and monitoring capabilities, while also addressing risks associated with AI model applications[63] Customer and Market Expansion - The company has established over 70 branches in China and has international subsidiaries in locations such as Hong Kong, the United States, and the United Kingdom, providing a comprehensive range of cybersecurity products and services globally[43] - The company is actively expanding its global business, particularly in ASEAN, MEA, and LATAM regions, leveraging the "Belt and Road" initiative[107] - Market expansion efforts include entering three new international markets by Q3 2024, targeting a 10% increase in global market share[56] - The company has completed two strategic acquisitions in the last quarter, expected to contribute an additional $200 million in annual revenue[56] Governance and Management - The company has implemented a performance evaluation and incentive mechanism for directors and senior management, linking compensation to company performance[188] - The company maintains independence from major shareholders, with no single shareholder holding more than 30% of the total shares[186] - The company has a comprehensive governance structure in compliance with relevant laws and regulations, ensuring the protection of shareholder interests[185] - The management team has a mix of experience in technology, finance, and legal sectors, contributing to strategic decision-making[199] Risks and Challenges - The company faces risks related to tax incentives, which could negatively impact performance if government policies change[174] - There is a risk of core personnel turnover, which could affect product development and technological leadership[175] - To mitigate personnel risks, the company implements employee stock ownership plans and performance-based incentives to retain key talent[176] Customer Satisfaction and Service - The overall customer satisfaction rate has improved to 90%, reflecting the effectiveness of recent service enhancements and product updates[55] - The company’s security service offerings include comprehensive lifecycle services, with a focus on risk management for financial institutions in response to national regulatory requirements[72] Future Outlook - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[56] - The company plans to increase its marketing budget by 30% to support the launch of new products and enhance brand visibility in key markets[56] - For 2025, the company plans to pursue stable operations, balance key performance indicators, and enhance cash flow management to support sustainable growth[169]

Core Insights - The privacy computing industry is characterized by a collaborative development across its entire value chain, which includes upstream hardware, midstream technology services, and downstream applications across various sectors such as government, finance, and education [1][2]. Industry Overview - The upstream of the privacy computing industry primarily consists of trusted hardware such as encryption chips and specialized processors, while the midstream includes technology and service providers offering various security protection technologies and application technologies [1]. - The downstream application layer encompasses a wide range of sectors, indicating a broad market potential for privacy computing solutions [1]. Regional Distribution - The distribution of representative companies in the privacy computing industry is relatively dispersed, with Shanghai having a well-established layout across the entire value chain, followed by Beijing, Guangdong, and Zhejiang [2]. Company Performance - Tencent leads in R&D investment within the privacy computing sector, followed closely by Alibaba and Baidu, with significant variations in R&D expenditure as a percentage of revenue among companies [6]. - Notable advancements in privacy computing have been reported by companies such as AsiaInfo, NSFOCUS, and Tuolsi [6]. R&D Investment - AsiaInfo's R&D investment totaled 319 million yuan, accounting for 28.8% of its revenue, while NSFOCUS invested 416 million yuan, representing 32.7% of its revenue [7]. - The R&D efforts of various companies are focused on developing comprehensive solutions in privacy computing, including secure execution environments and integrated systems [7]. Investment Trends - Privacy computing companies are actively investing in sectors such as scientific research, technology services, and financial services to enhance their technological capabilities and expand their market reach [10]. - Recent investments include AsiaInfo's 10 million yuan investment in Tianjin AsiaInfo Security Technology Co., and NSFOCUS's 510 million yuan investment in Nanjing Tuolsi Intelligent Systems Co., among others [11][12].

Group 1 - The core viewpoint of the report is that botnets are increasingly being used as tools in geopolitical conflicts, impacting critical infrastructure and influencing public opinion [16][22][25] - Botnets are evolving into weapons for state-level cyber warfare, with significant DDoS attacks observed during major geopolitical events such as the Russia-Ukraine war and the Israel-Palestine conflict [16][22] - The report highlights that botnets are being utilized by advanced persistent threat (APT) groups and ransomware gangs for intelligence gathering and launching subsequent attacks [17][39] Group 2 - The report indicates that the Mirai botnet family is the most active, with a significant number of command and control (C&C) servers located in the United States [67][68] - The infection methods for botnets include exploiting vulnerabilities in Linux/IoT platforms and using phishing emails for Windows platforms, with the U.S. having the highest number of infected devices [51][58] - The report notes that botnets are increasingly employing advanced evasion techniques to avoid detection, such as using Domain Generation Algorithms (DGA) and DNS over HTTPS (DoH) [2][17] Group 3 - New botnet families are emerging, showcasing unique functionalities and communication patterns, which pose increasing threats to cybersecurity [3][67] - Active botnet groups like Hail and KekSec are frequently launching attacks, while new groups like Bigpanzi are also contributing to the evolving threat landscape [4][3] - The report predicts that botnets will be used more efficiently by APT and ransomware groups for profit-driven activities, with enhanced stealth in their propagation methods [4][16]

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies. Core Insights - The report highlights the increasing significance of botnets as tools for geopolitical conflict, particularly in the context of recent global events such as the Russia-Ukraine war and the Israel-Palestine conflict, where botnets have been used for DDoS attacks against critical infrastructure [14][18]. - The report indicates that the threat landscape posed by botnets is escalating, with a notable increase in the number of command and control (C&C) servers and attack activities, particularly targeting domestic critical infrastructure [14][15]. - Botnets are increasingly being utilized as a launchpad for advanced persistent threats (APTs) and ransomware groups, enhancing their operational efficiency by gathering intelligence and facilitating subsequent attacks [15][43]. Summary by Sections Executive Summary - In 2024, the global landscape is marked by turmoil and challenges, with the cyber domain becoming a battleground for major powers, where botnets play a crucial role in state-sponsored cyber operations [14]. - Botnets have been observed to execute high-intensity DDoS attacks against critical infrastructure, manipulate public opinion, and express political stances during significant geopolitical events [14][15]. Botnet Development Trends - Botnets have evolved into essential tools for state-level cyber warfare, with their operational capabilities being leveraged for both offensive and defensive strategies in the digital realm [18]. - The report notes that the Mirai botnet family remains the most active, with the Mozi malware continuing to spread at high levels, primarily exploiting vulnerabilities in Linux/IoT platforms [14][15]. Botnet Vulnerability and Propagation - The report identifies that Linux/IoT botnets primarily exploit outdated vulnerabilities and weak passwords for propagation, while Windows platforms are more susceptible to phishing and social engineering tactics [59][67]. - The geographical distribution of infected devices shows that the United States has the highest number of infected endpoints, followed by India, Russia, and Brazil [70][71]. Botnet Attack Activity Analysis - The Mirai botnet family is responsible for the majority of attack commands issued, with a significant spike in activity noted in September 2024 [80]. - China is reported to be the most targeted country for DDoS attacks, accounting for 34% of all recorded incidents, necessitating enhanced protection for critical infrastructure [80].

Investment Rating - The report does not explicitly state an investment rating for the industry or company. Core Insights - The report highlights the increasing complexity and frequency of Advanced Persistent Threat (APT) attacks, which pose significant risks to national security and stability in the digital age [21][22]. - Collaboration between industry and academia, specifically between the report's company and Guangzhou University, aims to enhance early detection and response capabilities against APT threats through innovative technologies [22][24]. - The report provides a comprehensive analysis of APT organizations, detailing their activities, targets, and the evolving landscape of cyber threats [22][26]. Summary by Sections APT Attribution Tracking Situation Analysis - In 2024, a total of 51 APT organizations were monitored, with over 1,400 threat hosts controlled by these organizations, 50% of which originated from abroad [31][32]. - The number of APT organizations increased from 565 to 620, marking a 57.14% growth compared to 2023 [31][32]. - The report identifies that the education, healthcare, enterprise, and financial sectors were significantly impacted by APT activities [50]. APT Organization Intelligence Analysis - The report recorded 241 analysis reports on APT organizations in 2024, with Turla Group being the most analyzed [63][64]. - A total of 55 new APT organizations were added to the database, reflecting the dynamic nature of cyber threats [63][64]. - The report emphasizes the importance of understanding the geopolitical context influencing APT activities, particularly in regions like Eastern Asia and the Middle East [70]. APT Attack Methods Analysis - SSH and RDP brute force attacks accounted for 91% of the APT attack methods employed [58]. - The report indicates a significant increase in the number of vulnerabilities disclosed, with a focus on high-risk vulnerabilities in emerging technology areas [76]. - APT organizations are increasingly targeting supply chains, utilizing zero-day vulnerabilities to infiltrate systems [73].

Investment Rating - The investment rating for the company is "Buy" [5] Core Insights - The company is expected to achieve a revenue of 2.26-2.46 billion yuan in 2024, representing a year-on-year growth of 34.46%-46.36%, while the net profit attributable to shareholders is projected to be a loss of 290-390 million yuan, indicating a significant reduction in losses [1] - The company has set ambitious performance targets for its stock incentive plan, aiming for revenue of no less than 2.35 billion yuan in 2024, 2.53 billion yuan in 2025, and 2.74 billion yuan in 2026, with a positive net profit in 2025 [2] - The company has improved its cash flow management, achieving a positive operating cash flow of 90 million yuan in the first three quarters of 2024, a year-on-year increase of 138.1% [3] - Revenue forecasts for 2024-2026 have been adjusted to 2.37 billion, 2.58 billion, and 2.75 billion yuan respectively, with net profits projected at -301 million, 11 million, and 78 million yuan [4] Summary by Sections Revenue and Profit Forecast - The company anticipates a revenue of 2.37 billion yuan in 2024, a 41% increase from 2023, with a projected net loss of 301 million yuan [5] - For 2025, revenue is expected to reach 2.58 billion yuan, with a turnaround to a net profit of 11 million yuan, and in 2026, revenue is forecasted at 2.75 billion yuan with a net profit of 78 million yuan [5] Financial Performance - The company reported a significant improvement in operating cash flow, turning from negative to positive, with a net cash flow of 90 million yuan in the first three quarters of 2024 [3] - The gross margin is expected to improve from 46.15% in 2023 to 56.16% by 2026, indicating enhanced profitability [10] Stock Performance and Market Position - The company's stock closed at 6.85 yuan, with a total market capitalization of approximately 5.48 billion yuan [6] - The company is focusing on key industries and clients to enhance revenue conversion rates, which is expected to support its growth trajectory [2]

Financial Projections - The estimated net profit for 2024 is projected to be a loss of between 290 million and 390 million CNY, compared to a loss of 977.10 million CNY in the same period last year [2]. - The estimated operating revenue for 2024 is expected to be between 2.26 billion and 2.46 billion CNY, representing a year-on-year growth of 34.46% to 46.36% [2]. Operational Improvements - The company has improved cash flow from operating activities, turning from negative to positive during the reporting period [4]. - The company has focused on key industry demands and improved the conversion rate from opportunities to orders, leading to rapid revenue growth [4]. - The company has simplified its organizational structure and optimized its operational system to enhance efficiency and control costs [4]. Profitability Challenges - Despite a significant reduction in losses, the company has not yet achieved profitability due to competitive pressures [5]. - The company plans to continue its focus strategy in 2025, aiming to enhance operational efficiency and reduce costs [5]. Financial Reporting - The financial data presented is preliminary and will be detailed in the 2024 annual report [6].

证券时报e公司讯，据绿盟科技消息，近日，绿盟科技在北京举办了以"无界BOUNDLESS · 数织未来AI 同行"为主题的2024 TechWorld智慧安全大会。 会上，绿盟科技发布了AI大模型安全威胁矩阵v2.0版本，并同步发布AISS （AI Safety and Security）大 模型安全社区以及国内首个AI大模型安全知识库。 ...

证券代码：300369 证券简称：绿盟科技 公告编号：2024-052 绿盟科技集团股份有限公司 第五届董事会第八次会议决议公告 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。 一、董事会会议召开情况 绿盟科技集团股份有限公司（以下简称公司）第五届董事会第八次会议通知 于2024年10月18日以邮件和电话方式送达各位董事，会议于2024年10月29日10:00 在公司会议室以现场结合通讯的方式召开，本次会议应到董事8人，实到董事8人， 其中董事刘晨光、熊程程、叶晓虎、刘辉以通讯方式出席会议。公司监事和高级 管理人员列席了本次会议。会议由公司董事长胡忠华先生主持。本次会议的召开 符合《中华人民共和国公司法》《公司章程》以及有关法律、法规的规定。 二、董事会会议审议情况 经出席会议的董事审议，审议通过了如下议案： 表决结果：同意票8票，反对票0票，弃权票0票。 具体内容详见公司在巨潮资讯网（www.cninfo.com.cn）披露的《2024年第三 季度报告》。 （二）关于 2024 年度日常关联交易预计的议案 根据业务发展需要，公司预计2024年度与北京乐研科技 ...