Group 1: Investor Relations Activity - The investor relations activity involved various funds and securities companies, including Penghua Fund, Huaxia Fund, and China Life Insurance, among others [1][2]. - The meeting took place online on May 19, 2025, from 20:30 to 21:30 [2]. Group 2: Electronic Voucher Promotion Policy - The company actively responds to the notice on promoting the application of electronic voucher accounting data standards, providing comprehensive solutions for enterprises and institutions [3]. - The company offers personalized system adaptation solutions for different units, enhancing efficiency and accuracy in financial processing [3][4]. Group 3: Service Offerings - The company provides seamless integration solutions for administrative units using budget management systems, ensuring compliance with financial management standards [4]. - Platforms developed by the company support the issuance and processing of compliant electronic vouchers, enhancing data security and integrity [5]. Group 4: Professional Services and Training - A dedicated service team is established to provide technical consulting, implementation guidance, and after-sales support for various units [5]. - Training activities will be organized to improve the skills of financial and information management personnel regarding the application of electronic voucher standards [5]. Group 5: Future Development Outlook - The company plans to increase resource investment and market expansion in the electronic voucher sector, focusing on providing comprehensive solutions [6]. - The company aims to enhance its SaaS operational model and expand platform applications at provincial and municipal levels [6]. Group 6: Current Progress in Administrative Units - The company has successfully implemented electronic voucher products in the Ministry of Finance and multiple provinces, serving over 6,000 budget units and enterprises [7]. - The services cover five levels of application, including central, provincial, municipal, district, and street levels, across more than 50 cities and counties [7][8].

Group 1: AI Strategy and Business Development - The company is actively implementing its AI strategy, upgrading various product lines and exploring new business models, including AI products in healthcare, finance, and procurement [1] - The company has already secured multiple AI-related projects and aims to enhance its competitiveness through AI upgrades, while also seizing disruptive opportunities in the industry [1] - The company is optimistic about achieving revenue growth for the year despite market challenges [1] Group 2: Partnerships and Collaborations - The company is exploring further collaboration with Tencent in areas such as healthcare, C-end applications, intelligent agents, and large models, as Tencent is the second-largest shareholder [2] - The company is actively developing its commercial insurance business using AI to improve competitiveness and customer service capabilities [2] Group 3: Financial Performance and Market Challenges - The company faced challenges in 2024, including client budget adjustments and unmet market expectations, yet managed to maintain revenue growth while experiencing a slight decline in profits [2] - The company is committed to focusing on its core business and adhering to its strategic plans to navigate market difficulties [2] - The management and employee stock reduction plans are conducted in compliance with legal regulations, with efforts to mitigate negative impacts on the company's stock price [2] Group 4: Government AI Initiatives - The company is actively pursuing government AI-related business opportunities and is expected to engage in more bidding activities in the second quarter [3]

Group 1: AI Strategy and Product Development - The company actively embraces AI, focusing on a "vertical large model + intelligent body" strategy to enhance its product offerings in various sectors [2] - In the digital procurement area, the company has developed an AI solution that covers the entire procurement process, improving cost-effectiveness for clients [3] - The company is building a financial management intelligent platform for the healthcare sector, enhancing operational value and solidifying its position as a leader in AI financial management [3] Group 2: Financial Performance - In 2024, the company achieved a revenue of 214,228.86 million yuan, a year-on-year increase of 4.79%, while net profit decreased by 7.44% to 30,234.52 million yuan [4] - For Q1 2025, the company reported a revenue of 25,684.61 million yuan, a decline of 1.17%, with a net loss of 6,348.78 million yuan, down 12.79% year-on-year [4] - The company aims to enhance sustainable revenue, which accounted for 55% of total revenue in 2024, and is focusing on cost control to improve efficiency [5] Group 3: Electronic Voucher Business - The company has developed a "Medical Intelligent Collaboration Platform" for hospitals, facilitating real-time financial and business data integration [6] - Over 6,000 budget units and enterprises have utilized the company's electronic voucher accounting data standard reform services, covering multiple administrative levels across over 50 cities [7] - The company plans to deepen its electronic voucher business, aiming to expand its application in more regions and industries [7] Group 4: Human Resource Management - The company intends to control personnel size while leveraging AI to enhance productivity and support strategic goals [7] - Recruitment efforts will focus on attracting high-level talent in AI and related fields to improve the overall quality and capability of the workforce [7]

Company Overview - The company, Fujian Bosi Software Co., Ltd., specializes in the development, sales, and services of software products, primarily focusing on software development, technical services, and hardware sales [1][2] - The company has developed a unified public payment platform to facilitate electronic management of fiscal tickets and government non-tax revenue, enhancing the efficiency of public service payments [2] Financial Performance - As of the latest quarterly report for Q1 2025, the company reported a revenue of 257 million yuan, reflecting a year-on-year decrease of 1.17%, and a net loss of approximately 63.49 million yuan, a decline of 12.79% compared to the previous year [3] - The company's gross profit margin stands at 59.04% [3] Market Position - As of May 6, the company's stock closed at 15.63 yuan, with a price-to-earnings (PE) ratio of 40.15, while the average PE ratio for the software development industry is 116.83 [1][4] - The company's total market capitalization is approximately 11.851 billion yuan [1] Industry Context - The average PE ratio for the software development industry is significantly higher at 116.83, with a median of 82.67, indicating that the company is currently valued lower than its industry peers [1][4] - The company ranks 104th in terms of PE ratio within its industry [1][4]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expectation that the company's stock will outperform the benchmark index by more than 20% over the next 6-12 months [1][5]. Core Insights - The company, 博思软件, reported a revenue of 2.142 billion RMB for 2024, reflecting a year-on-year growth of 4.79%. However, the net profit attributable to shareholders decreased by 7.44% to 302 million RMB. The company is focusing on two main business lines: AI and electronic vouchers, which are expected to drive sustainable revenue growth [3][5][8]. - The company has established an AI research and development center and is actively developing vertical scenario strategies using "industry-specific large models + intelligent agents" to enhance its business ecosystem [8]. - The electronic voucher products have been implemented in various regions, serving over 6,000 budget units and enterprises, indicating a strong market presence and application [8]. Financial Summary - For 2024, the company achieved a gross margin of 65.83%, a decrease of 0.83 percentage points year-on-year. The net profit margin was 14.11%, down by 1.87 percentage points [8]. - The company expects revenues of 2.524 billion RMB, 2.890 billion RMB, and 3.211 billion RMB for 2025, 2026, and 2027 respectively, with net profits projected at 434 million RMB, 530 million RMB, and 620 million RMB for the same years [5][7]. - The earnings per share (EPS) are forecasted to be 0.57 RMB, 0.70 RMB, and 0.82 RMB for 2025, 2026, and 2027 respectively, with corresponding price-to-earnings (PE) ratios of 26.3, 21.5, and 18.4 [5][7]. Business Performance - The company’s digital ticketing business generated 886 million RMB in revenue for 2024, a year-on-year increase of 1.30%. The smart finance and digital procurement sectors also saw revenue growth, with 710 million RMB and 462 million RMB respectively [8]. - The company has been enhancing its cash flow management, with a net cash flow from operating activities of 350 million RMB in 2024, an increase of 6.37% year-on-year [8].

Investment Rating - The report maintains a "Recommended" rating for the company, considering its leading position in the fiscal IT sector and potential benefits from the upcoming digital government construction wave [4][6]. Core Insights - The company reported a revenue of 2.142 billion yuan in 2024, a year-on-year increase of 4.79%, but a decline in net profit attributable to shareholders by 7.44% to 302 million yuan [1][2]. - The revenue growth has slowed down, with 2024 and Q1 2025 showing growth rates of 4.8% and -1.2% respectively, attributed to macroeconomic pressures and a focus on AI investments impacting profitability [2][3]. - The company is focusing on two strategic directions: "AI + Electronic Certificates," providing diverse AI products and electronic certificate services to over 6,000 budget units and enterprises across multiple provinces [4][3]. Financial Performance Summary - For 2024, the company achieved total revenue of 2.142 billion yuan, with a projected revenue increase to 2.459 billion yuan in 2025, reflecting a growth rate of 14.8% [5][10]. - The net profit attributable to shareholders is expected to recover to 387 million yuan in 2025, representing a growth of 28.1% from 2024 [5][10]. - The company's earnings per share (EPS) is projected to increase from 0.40 yuan in 2024 to 0.51 yuan in 2025, with a corresponding decrease in the price-to-earnings (PE) ratio from 38 to 29 [5][10].

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for the stock's performance in the near term [5]. Core Insights - The company's revenue for 2024 is projected to be 2.142 billion yuan, representing a year-on-year growth of 4.79%. However, the net profit attributable to shareholders is expected to decline by 7.44% to 302 million yuan due to credit impairment losses and reduced government subsidies [1][4]. - The first quarter of 2025 is anticipated to see a revenue of 257 million yuan, a decrease of 1.17% year-on-year, with a net loss of approximately 63.49 million yuan, reflecting a 12.79% decline [1]. - The company is well-positioned to benefit from the ongoing "Digital China" initiative, with over 70% of provinces initiating smart governance reforms, creating a significant market opportunity for its AI business [2]. Financial Summary - The company's financial performance shows a projected revenue increase to 2.482 billion yuan in 2025, with net profit expected to rebound to 431 million yuan, a growth of 42.56% [4]. - The gross profit margin is forecasted to improve from 65.83% in 2024 to 67.5% in 2025, indicating enhanced profitability [4]. - The earnings per share (EPS) is expected to rise from 0.41 yuan in 2024 to 0.57 yuan in 2025, reflecting the company's recovery trajectory [4]. Market Position and Strategy - The company is actively developing customized AI tools for government applications, such as the "Intelligent Pre-examination System," which can enhance project approval efficiency by 60% [2]. - It has successfully implemented electronic voucher products across various government levels, serving over 6,000 budget units and enterprises, which positions the company as a leader in the digital voucher space [3]. - The company is also expanding its AI applications in areas like digital certificates, smart finance, and digital procurement, indicating a broad strategic focus on digital transformation in governance [2][3].

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。 福建博思软件股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开 第五届董事会第八次会议，审议通过了《关于审议 2024 年度计提信用减值准备、 资产减值准备的议案》。根据《企业会计准则》和公司会计政策的相关规定，为 更加真实、准确地反映公司截止 2024 年 12 月 31 日的资产状况和财务状况，公 司基于谨慎性原则，对各类资产进行了清查、分析和评估，现将 2024 年度计提 信用减值准备、资产减值准备的具体情况公告如下： 一、公司计提减值准备概况 证券代码:300525 证券简称:博思软件 公告编号:2025-020 福建博思软件股份有限公司 关于 2024 年度计提信用减值准备、资产减值准备的公告 本公司对单项金额重大且在初始确认后已经发生信用减值的应收账款单独 确定其信用损失。 经公司及下属子公司对截止 2024 年 12 月 31 日存在可能发生减值迹象的资 产进行全面清查和资产减值测试后，计提各项减值准备共计 6,041.08 万元（含转 回），具体金额见下表： | | 项目 | ...

福建博思软件股份有限公司 2024 年度监事会工作报告 福建博思软件股份有限公司（以下简称"公司"）监事会全体成员在 2024 年度，严格依据《公司法》《证券法》《深圳证券交易所创业板股票上市规 则》等法律法规及《公司章程》《监事会议事规则》等有关规定，本着对公司 全体股东和公司负责的原则，恪尽职守、勤勉尽责地履行自身职责。依法列席 了公司召开的董事会、股东大会，对公司各项重大事项决策程序的合规性进行 了监察，对公司董事、高级管理人员履行职责的情况进行监督，保障了公司股 东权益、公司利益和员工的合法权益，确保公司能够规范、有序的运作。 现将监事会在报告期内的工作情况报告如下： 一、主要工作情况 1、报告期内，监事会积极列席董事会会议，对董事会执行股东大会的决 议、履行诚信义务情况进行了监督。监事会认为：董事会认真执行了股东大会 的各项决议，勤勉尽责，未出现损害公司、股东利益的行为，董事会的各项决 议符合《公司法》等法律法规和《公司章程》的要求。 2、报告期内，监事会对公司的生产经营活动进行了监督，监事会认为：公 司管理层勤勉尽责，认真执行了董事会的各项决议，经营中未发现违规操作行 为。 3、报告期内，监事会认 ...

证券代码:300525 证券简称:博思软件 公告编号:2025-010 董事会 二〇二五年四月二十九日 福建博思软件股份有限公司 关于 2024 年年度报告披露的提示性公告 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。 2025 年 4 月 28 日，福建博思软件股份有限公司（以下简称"公司"）召开 第五届董事会第八次会议、第五届监事会第八次会议，审议通过了《关于审议 <2024 年年度报告>及其摘要的议案》。 为使投资者全面了解公司的经营成果和财务状况，公司《2024 年年度报告》 及其摘要于 2025 年 4 月 29 日在中国证监会指定的创业板信息披露网站巨潮资讯 网（www.cninfo.com.cn）上披露，敬请广大投资者注意查阅。 特此公告。 福建博思软件股份有限公司 ...