Core Viewpoint - The company is currently facing challenges in stock performance and market perception, with ongoing efforts to enhance operational management and explore partnerships to drive growth. Group 1: Company Performance - As of June 27, 2025, the company's stock closed at 14.5 yuan, down 1.23%, with a turnover rate of 2.52% and a trading volume of 156,900 shares, amounting to a transaction value of 230 million yuan [1] - The company has acknowledged the impact of executive stock sales on its stock price, which has significantly decreased since the annual report [2][10] Group 2: Investor Relations - The company maintains that its operations are normal and is committed to enhancing internal value and delivering quality performance to investors [2] - The company is open to exploring partnerships with leading domestic firms, particularly in areas related to AI and data management [2][4] Group 3: Market Strategies - The company is actively pursuing the electronic voucher business, aiming to establish benchmark cases and expand its application across various regions and industries [4] - The company has not engaged in securities transaction tax-related services but focuses on providing IT systems and operational services for financial institutions [9] Group 4: Financial Management - The company is aware of its current valuation compared to peers in the software industry and is focused on improving its market position through effective management [2] - The company has a market management system in place to respond to significant stock price declines, although recent price movements do not trigger immediate actions [6][10] Group 5: Future Outlook - The company is monitoring developments in digital currency and stablecoin technologies, indicating potential future involvement in these areas [8]

证券之星消息，根据天眼查APP信息整理，6月24日公布的《深圳大学总医院 - 结果公告 (CFSUGH2025000073)》中显示福建博思软件股份有限公司中标。公告内容如下： 基本信息: 申购单号： CFSUGH20250***** 申购主题： 电子票据管理系统运维服务 采购单位： 深圳大学总医院 竞价开始时间： 2025-06-10 竞价截至时间： 2025-06-19 币种： 人民币 成交总额： *****.00 (人民币) 送 货时间： 合同签订后，【 365 】天 内完成服务。本项目为长期服务项目，合同期满可以续签，但合同 履行期限最长不得超过三十六个月。如采购人对履约情况不满意，采购人不再续约。 安装要求： 免费 上门安装（含材料费） 收货地址： ****** 付款方式： 合同签订后，中标人提供合法有效发票，采购人 支付合同金额的70%给中标人，其余尾款经项目验收合格后支付。 备注说明： 一、注意，注意，注意：本项目要求投标人上传服务过程文档。 二、1、本项目服务费采用包干制，应包括服务成本、法定税费、同传设备使用或租用费、设备运输 费、交通、食宿费用和企业的利润等。 2、投标人的投标报价不得超过 ...

Group 1 - The company Bosi Software (300525) announced that its director and senior executive, Xiao Yong, who holds 2.37% of the company's shares, plans to reduce his holdings by up to 1.65 million shares, which represents 0.22% of the total share capital [1] - The reduction will take place within three months after the announcement, starting fifteen trading days from the disclosure date [1] - The reason for the reduction is stated as personal funding needs, and the selling price will be determined based on market conditions [1]

证券代码:300525 证券简称:博思软件 公告编号:2025-031 福建博思软件股份有限公司 关于董事、高级管理人员减持股份预披露公告 董事、高级管理人员肖勇先生保证向本公司提供的信息内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 持有公司股份 17,779,288 股（占公司总股本的 2.37%）（总股本已剔除公司 回购专用证券账户中的股份数量，下同）的董事、高级管理人员肖勇先生计划自 本公告披露之日起十五个交易日后的三个月内，以集中竞价或大宗交易方式减持 公司股份不超过 1,650,000 股（占总股本的 0.22%）。 福建博思软件股份有限公司（简称"公司"）近日收到现任董事、副总经理 肖勇先生出具的《关于股份减持计划告知函》，现将有关情况公告如下： 一、股东的基本情况 1、股东的名称：肖勇 2、截至本公告日，肖勇先生持有公司股份 17,779,288 股，占公司总股本的 2.37%。其中：限售股份（高管锁定股）为 13,334,466 股，无限售流通股为 4,444,822 股。 二、本次减持计划的主要内 ...

Core Viewpoint - The announcement details the share reduction plans of two executives from Fujian Boss Software Co., Ltd., including the specific number of shares to be sold and the average selling prices, indicating a strategic move by the company's management [1][2][3]. Shareholder Reduction Situation - Executive Ye Zhangming plans to reduce his holdings by up to 800,000 shares through block trading or centralized bidding within three months after the announcement date [1]. - Executive Mao Shimin also plans to reduce his holdings by up to 800,000 shares under similar conditions [1]. - The reduction includes specific transactions: Ye Zhangming sold 79,270 shares at an average price of 15.8971 yuan per share and 40,000 shares at 17.2014 yuan per share, while Mao Shimin sold 40,000 shares at 12.0100 yuan per share [1]. Shareholding Structure Before and After Reduction - Before the reduction, Ye Zhangming held 8,282,895 shares, representing 1.10% of the total share capital, which decreased to 7,490,195 shares (1.00%) after the reduction [2]. - Mao Shimin's holdings decreased from 10,975,370 shares (1.46%) to 10,175,370 shares (1.35%) following the reduction [2]. Compliance and Impact - The share reduction complies with relevant laws and regulations, ensuring no violation of shareholder lock-up and reduction commitments [3]. - The reduction will not lead to a change in the company's control or affect its governance structure and ongoing operations [3].

证券代码:300525 证券简称:博思软件 公告编号:2025-030 福建博思软件股份有限公司 关于部分董事、监事减持股份实施情况公告 董事、高级管理人员叶章明先生、监事会主席毛时敏先生保证向本公司提供 的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 福建博思软件股份有限公司（以下简称"公司"）于 2025 年 2 月 13 日披露 了《关于部分董事、监事股份减持计划预披露公告》（公告编号：2025-006）， 公司董事、副总经理叶章明先生计划自公告之日起十五个交易日后的三个月内， 以大宗交易或集中竞价方式减持公司股份不超过 800,000 股；公司监事会主席毛 时敏先生计划自公告之日起十五个交易日后的三个月内，以大宗交易或集中竞价 方式减持公司股份不超过 800,000 股。 公司近日收到叶章明先生、毛时敏先生出具的《关于股份减持计划实施情况 告知函》，现将其本次减持计划实施具体情况公告如下： 一、股东减持情况 | 股东名称 | 减持方式 | | 减持期间 | | | 减持均价 （元/股） | 减持股数 （万股） | 减 ...

Investment Rating - The report indicates a cautious investment rating for major broad-based indices as of May 23, 2025, with the ChiNext Index classified as "safe" and other indices categorized as "moderate" [19][22]. Core Insights - The market experienced a contraction with major indices declining during the week of May 19-23, 2025. The report highlights a rapid rotation in themes, with precious metals and automotive sectors performing well. However, the "dividend + micro-cap" strategy showed signs of short-term adjustment after reaching a yearly high, suggesting a potential decline in trading preferences [12][13]. - The report emphasizes that liquidity easing and rising risk appetite are expected to drive a rebound in A-shares in the medium to long term, with "dividend + small-cap" combinations being the preferred allocation strategy post-adjustment [12]. Summary by Sections Market Review - Major indices saw declines: Shanghai Composite Index down 0.57%, SSE 50 down 0.18%, CSI 300 down 0.18%, CSI 500 down 1.10%, CSI 1000 down 1.29%, ChiNext Index down 0.88%, and North Star 50 down 3.68% [13][14]. Valuation Analysis - As of May 23, 2025, the ChiNext Index is in the "safe" valuation percentile, while other major indices are in the "moderate" range. In terms of sector valuation, industries such as construction materials, light industry manufacturing, power equipment and new energy, defense and military, computer, and comprehensive finance are classified as "dangerous," while non-ferrous metals, utilities, home appliances, food and beverage, agriculture, non-bank financials, and transportation are deemed "safe" [19][20]. Fund Flow Tracking - The report notes that institutional interest was highest for stocks like Huichuan Technology (352 institutions), Fuchuang Precision (109), Bozhong Precision (106), Boshi Software (102), and Shengmei Shanghai (101) during the week [51]. - Southbound capital saw a net inflow of 18.96 billion HKD, with the Shanghai-Hong Kong Stock Connect contributing 19.05 billion HKD and the Shenzhen-Hong Kong Stock Connect experiencing a net outflow of 0.97 billion HKD [3]. Sector Performance - The top five performing sectors this week were comprehensive, pharmaceuticals, automotive, non-ferrous metals, and home appliances, while the worst performers included comprehensive finance, computers, electronics, machinery, and communications [15]. Institutional Research - A total of 379 institutional research activities were recorded, with the majority focused on companies listed in Shenzhen and Shanghai. The report highlights that specific object research and other types accounted for 78.36% and 8.71% of the total, respectively [42][46].

- Model Name: Volume Timing Model; Model Construction Idea: The model uses volume indicators to maintain a cautious view under the background of shrinking volume; Model Construction Process: The volume timing signal for major broad-based indices is calculated and maintained a cautious view as of May 23, 2025[1][2][22]; Model Evaluation: The model is effective in maintaining a cautious stance during periods of shrinking volume[22] - Factor Name: Upward Number Ratio of CSI 300; Factor Construction Idea: The factor calculates the proportion of stocks with positive returns in the CSI 300 index to judge market sentiment; Factor Construction Process: - CSI 300 Index N-day Upward Number Ratio = Number of CSI 300 Index constituent stocks with positive returns in the past N days / Total number of CSI 300 Index constituent stocks - The factor captures upward opportunities quickly and exits early during overheated market phases, but has limitations in avoiding downward risks[23][24][25]; Factor Evaluation: The factor is effective in capturing upward opportunities but has limitations in avoiding downward risks[24] - Factor Name: Moving Average Sentiment Indicator; Factor Construction Idea: The factor uses the eight moving average system to judge the trend state of the target index; Factor Construction Process: - Calculate the eight moving average values of the CSI 300 closing price with parameters 8, 13, 21, 34, 55, 89, 144, 233 - Assign values to the eight moving average indicator based on the interval value: -1 for intervals 1/2/3, 0 for intervals 4/5/6, and 1 for intervals 7/8/9 - When the current price exceeds the eight moving average indicator value in more than 5 cases, it indicates a bullish view on the CSI 300 index[27][31][32]; Factor Evaluation: The factor is effective in indicating the trend state of the CSI 300 index[34] - Factor Name: Cross-sectional Volatility; Factor Construction Idea: The factor measures the cross-sectional volatility of index constituent stocks to evaluate the Alpha environment; Factor Construction Process: - Calculate the cross-sectional volatility of CSI 300, CSI 500, and CSI 1000 index constituent stocks - Recent cross-sectional volatility of CSI 300 and CSI 500 index constituent stocks has decreased, indicating a worse short-term Alpha environment; CSI 1000 index constituent stocks' cross-sectional volatility has increased, indicating a better short-term Alpha environment[35][36][38]; Factor Evaluation: The factor is effective in evaluating the Alpha environment based on cross-sectional volatility[38] - Factor Name: Time Series Volatility; Factor Construction Idea: The factor measures the time series volatility of index constituent stocks to evaluate the Alpha environment; Factor Construction Process: - Calculate the time series volatility of CSI 300, CSI 500, and CSI 1000 index constituent stocks - Recent time series volatility of CSI 300, CSI 500, and CSI 1000 index constituent stocks has decreased, indicating a worse short-term Alpha environment[39][41]; Factor Evaluation: The factor is effective in evaluating the Alpha environment based on time series volatility[41] Model Backtest Results - Volume Timing Model, cautious view for all major broad-based indices as of May 23, 2025[23] Factor Backtest Results - Upward Number Ratio of CSI 300, recent ratio around 56%[24] - Moving Average Sentiment Indicator, short-term bullish view on CSI 300 index[34] - Cross-sectional Volatility, recent values for CSI 300: 1.75%, CSI 500: 2.04%, CSI 1000: 2.41%[38] - Time Series Volatility, recent values for CSI 300: 0.56%, CSI 500: 0.44%, CSI 1000: 0.27%[41]

Market Overview - The A-share market experienced a slight pullback from May 19 to May 23, with the Shanghai Composite Index down by 0.57% to close at 3348.37 points, and the Shenzhen Component Index down by 0.46% [1] - The majority of the Shenwan first-level industries saw declines, with notable gains in sectors such as pharmaceuticals, banking, light manufacturing, and beauty care, while telecommunications, computers, and electronics performed relatively weakly [1] Institutional Research - Institutional research enthusiasm increased, with 207 listed companies disclosing investor research summaries by May 23. Despite a weak overall market, several companies showed strong stock performance, including Yibin Paper (600793) with a cumulative increase of 47% over the week [1] - BoSi Software (300525) was the only company to receive over 100 institutional research participants, with 102 institutions involved. The company focuses on software development across various sectors, including public finance management and enterprise management [2] Policy Impact on BoSi Software - The promotion of electronic voucher accounting data standards nationwide is expected to benefit BoSi Software, as institutions are particularly interested in the policy's impact on the company [2] - BoSi Software plans to adapt its systems for different unit needs, expand application ranges through self-developed platforms, and provide professional services and training to ensure policy implementation [2] BoSi Software's Current Progress - BoSi Software has already implemented electronic voucher products in the Ministry of Finance and several provinces, serving over 6,000 budget units and enterprises with a SaaS annual fee model [3] - The company aims to deepen its focus on this field, enhance product layout, and create demonstration cases to build a growth curve [3] Xiamen Tungsten Industry - Xiamen Tungsten Industry (600549) received 99 institutional research participants and discussed its 2024 and Q1 2025 performance. The company is the largest producer and exporter of tungsten and molybdenum products in China [3] - The company plans to expand its resource base upstream and extend its market reach downstream, focusing on high-end products such as hard alloys and battery materials [4] Reliable Co. Ltd. - Reliable Co. Ltd. (301009) was researched by 93 institutions, focusing on its profitability and future growth points in the adult diaper industry [5] - The company is optimizing profitability through cost reduction and efficiency improvements, including the use of smart factories and alternative raw materials [5] - With the implementation of long-term care insurance policies and brand recognition improvements, Reliable Co. Ltd. anticipates significant growth in the next three years [5]

证券代码:300525 证券简称:博思软件 公告编号:2025-029 福建博思软件股份有限公司 关于以子公司股权质押进行贷款的进展公告 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、以子公司股权质押进行贷款的基本情况 福建博思软件股份有限公司（以下简称"公司"）于 2024 年 5 月 16 日召开 第四届董事会第三十三次会议、第四届董事会第三十二次会议，审议通过了《关 于以子公司股权质押进行贷款的议案》，同意以公司及子公司所持有的部分子公 司股权向银行机构进行质押，申请不超过人民币 19,290 万元（含）的贷款，贷 款期限不超过 7 年，用于置换及支付部分并购投资款项。 2024 年 10 月，公司及子公司办理完成以北京博思致新互联网科技有限责任 公司 49%股权质押进行贷款的相关手续，借款规模 13,200 万元整。前述事项具 体内容见公司分别于 2024 年 5 月 16 日、2024 年 10 月 22 日刊登于中国证监会 指定创业板信息披露网站上的《关于以子公司股权质押进行贷款的公告》（公告 编号：2024-051）、《关于以子公司股权质押 ...