福建博思软件股份有限公司 证券代码:300525 证券简称:博思软件 公告编号:2024-113 至此，公司本次第三期员工持股计划变更事项已经完成，公司将持续关注第 1 证券代码:300525 证券简称:博思软件 公告编号:2024-113 三期员工持股计划后续的实施进展情况，并按照相关法律法规及规范性文件的规 定及时履行信息披露义务。 特此公告。 关于变更第三期员工持股计划相关事项的进展公告 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、第三期员工持股计划变更的基本情况 2024 年 9 月 24 日，福建博思软件股份有限公司（以下简称"公司"）第五 届董事会第三次会议审议通过了《关于变更第三期员工持股计划相关事项的议案》 《关于修订<福建博思软件股份有限公司第三期员工持股计划（草案）>及其摘要 的议案》等相关议案，同意将本持股计划管理模式由自行管理变更为委托具备资 产管理资质的专业机构（以下简称"受托人"）进行管理，本持股计划作为次级 受益人认购受托人管理的集合信托计划，信托计划将通过大宗交易方式受让"福 建博思软件股份有限公司—第三期员工持股计划" ...

Investment Rating - The report maintains a "Recommended" rating for the company [2][4]. Core Views - The company achieved a net profit of 0.35 billion yuan for the first three quarters of 2024, representing a year-on-year growth of 93.01%, with a non-recurring net profit of 0.23 billion yuan, up 148.58% [2]. - In Q3 2024, the company reported a net profit of 0.73 million yuan, a 15.45% increase year-on-year, and a revenue of 5.26 billion yuan, reflecting a 10.13% growth [2]. - The company is well-positioned to benefit from fiscal reforms and has established a strong presence in the digital finance sector, contributing to the stability of national fiscal operations [2]. - The acceleration of national electronic voucher reforms is expected to enhance the company's electronic voucher business, particularly with the upcoming implementation of fully digital electronic invoices in railway passenger transport [2]. - Future profit forecasts for the company are 4.06 billion yuan, 5.06 billion yuan, and 6.12 billion yuan for the years 2024, 2025, and 2026 respectively, with corresponding valuations of 32, 25, and 21 times earnings [2]. Financial Performance Summary - The company’s revenue is projected to grow from 2,044 million yuan in 2023 to 3,424 million yuan in 2026, with growth rates of 6.51%, 15.86%, 20.77%, and 19.70% respectively [5]. - The net profit is expected to increase from 372 million yuan in 2023 to 680 million yuan in 2026, with growth rates of 28.40%, 24.16%, 24.65%, and 21.11% respectively [5]. - The earnings per share (EPS) are forecasted to rise from 0.44 yuan in 2023 to 0.82 yuan in 2026 [6]. Cash Flow and Balance Sheet Overview - The company’s cash flow from operating activities is projected to improve from 329 million yuan in 2023 to 758 million yuan in 2026 [7]. - Total assets are expected to grow from 4,295 million yuan in 2023 to 6,001 million yuan in 2026, indicating a solid financial position [6].

博思软件（ [Table_StockNameRptType] 300525） 公司点评 前三季度经营效率提升，政策促进电子凭证业务推进 | --- | --- | |-------------------------------------|-------------| | | | | [Table_Rank] 投资评级：买入（维持） | | | 报告日期： | 2024-10-28 | | [Table_BaseData] 收盘价（元） | 17.19 | | 近 12 个月最高 / 最低（元） | 18.35/10.83 | | 总股本（百万股） | 746 | | 流通股本（百万股） | 607 | | 流通股比例（ % ） | 81.43 | | 总市值（亿元） | 128 | | 流通市值（亿元） | 104 | [公司价格与沪深 Table_Chart] 300 走势比较 -33% -16% 2% 19% 36% 10/23 1/24 4/24 7/24 博思软件 沪深300 [Table_Author] 分析师：金荣 执业证书号：S0010521080002 邮箱：jinrong@hazq.co ...

Investment Rating - The report maintains a "Buy" rating for the company [5]. Core Views - The company achieved a revenue of 1.244 billion yuan in the first three quarters of 2024, representing a year-on-year growth of 12.93%, and a net profit attributable to the parent company of 35 million yuan, up 93.01% year-on-year [1]. - The electronic voucher business is progressing steadily, with increasing adoption of the company's comprehensive electronic voucher solutions across various provinces [2]. - The company is actively involved in the Budget Management Integration 2.0 reform, with all provincial finances in the country having initiated this process [3]. Summary by Sections Financial Performance - In Q1 2024, the company reported a revenue of 260 million yuan, a year-on-year increase of 15.7%, and a net profit of -56 million yuan, a reduction in losses of 3.64% year-on-year. In Q2, revenue was 458 million yuan, up 14.7%, with a net profit of 19 million yuan, an increase of 36.5% year-on-year. In Q3, revenue reached 526 million yuan, a 10.13% increase, and net profit was 73 million yuan, up 15.5% year-on-year [1]. - The company has adjusted its revenue forecasts for 2024 and 2025 to 2.366 billion yuan and 2.858 billion yuan, respectively, reflecting a decrease of 24% and 30% from previous estimates. The net profit forecasts for the same years have been adjusted to 404 million yuan and 507 million yuan, down 13% and 20% [3]. Business Development - The electronic voucher solutions provided by the company are characterized by a complete product line for administrative and public institutions, which includes electronic voucher management and intelligent management of public expenditures [2]. - The company’s pricing model is based on a small construction fee plus a SaaS operation fee, allowing for a tiered pricing system based on the size of the unit [2]. Market Position and Valuation - The current market capitalization corresponds to a price-to-earnings (P/E) ratio of 32x for 2024, 25x for 2025, and 20x for 2026, indicating a favorable valuation outlook [3].

Group 1: Financial Performance - The company achieved a revenue of 1.244 billion CNY in the first three quarters of 2024, representing a year-on-year increase of 12.93% [2] - The net profit attributable to shareholders reached 35 million CNY, up 93.01% year-on-year [2] - The non-recurring net profit attributable to shareholders was 23 million CNY, reflecting a significant increase of 148.58% year-on-year [2] Group 2: Sustainable Revenue Growth - The company is focusing on increasing the proportion of sustainable revenue, transitioning from construction fees to a SaaS model for annual charges [2] - The sustainable revenue ratio has been continuously improving, laying a solid foundation for long-term high-quality development [2] Group 3: Electronic Voucher Business - The demand for electronic vouchers in administrative and public institutions is rapidly growing, driven by the implementation of accounting data standards and related policies [2] - The company has engaged with 1,016 entities in the pilot reform of electronic voucher accounting data standards, including 539 administrative units and 468 enterprises [3] Group 4: Budget Management Integration - The company has been a key player in the construction of integrated budget management systems for the Ministry of Finance and has participated in 19 provincial-level systems [3] - The company is actively involved in the upgrade of budget management standards and has a first-mover advantage over competitors [3] Group 5: Healthcare Data Solutions - The company has established a solid foundation in the healthcare sector, promoting electronic invoice services in over 8,500 secondary and higher medical institutions [4] - The company has reached over 30,000 service units and more than 100 million users, delivering over 10 billion electronic vouchers [4] - The healthcare data business generated over 10 million CNY in revenue in 2023 [4]

证券代码:300525 证券简称:博思软件 公告编号:2024-112 福建博思软件股份有限公司 关于 2021 年股票期权激励计划第三个行权期可行权的公告 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、误导性陈述或者重大遗漏。 特别提示： 1、本次可行权的股票期权数量为 212.7477 万份，全部行权将增加公司股份 212.7477 万股，占公司总股本的 0.29%； 2、本次行权拟采用自主行权模式，本次行权事宜需在有关机构的手续办理 结束后方可行权，届时将另行公告； 3、本次可行权期权若全部行权，公司股份仍具备上市条件。 福建博思软件股份有限公司（以下简称"公司"）于 2024 年 10 月 28 日召 开第五届董事会第五次会议，审议通过了《关于 2021 年股票期权激励计划第三 个行权期可行权的议案》，本次符合行权条件的激励对象共计 349 人，可申请行 权的股票期权数量为 212.7477 万份，占公司总股本的 0.29%。现将相关事项公告 如下： 一、公司 2021 年股票期权激励计划已履行的相关审批程序 1、2021 年 8 月 24 日，公司召开第四届董事会第二次会 ...

北京市中伦律师事务所 关于福建博思软件股份有限公司 2021 年股票期权激励计划调整相关事项、第三个行 权期可行权及注销部分股票期权的 法律意见书 二〇二四年十月 法律意见书 北京市朝阳区金和东路 20 号院正大中心 3 号南塔 22-31 层 邮编：100020 22-31/F, South Tower of CP Center, 20 Jin He East Avenue, Chaoyang District, Beijing l00020, P.R. China 电话/Tel : +86 10 5957 2288 传真/Fax : +86 10 6568 1022/1838 www.zhonglun.com 北京市中伦律师事务所 关于福建博思软件股份有限公司 2021 年股票期权激励计划调整相关事项、第三个行权期可行权 及注销部分股票期权的 法律意见书 致：福建博思软件股份有限公司 北京市中伦律师事务所（以下简称"本所"）作为福建博思软件股份有限公 司（以下简称"公司"或"博思软件"）聘请的法律顾问，根据《中华人民共和 国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法 ...

福建博思软件股份有限公司 2021 年股票期权激励计划第三个行权期 可行权激励对象名单 一、股票期权激励计划分配情况 | 职务 | 获授股票期权 | 本次可行权数量 | 本次可行权数量占获授 | | --- | --- | --- | --- | | | 数量（万份） | （万份） | 股票期权总量的比例 | | 核心技术（业务）骨干 | 709.1586 | 212.7477 | 30% | | （349人） | | | | 注：实际行权数量以中国证券登记结算有限责任公司深圳分公司登记为准。 二、核心技术（业务）骨干人员名单 | 序号 | 姓名 | 职务 | | --- | --- | --- | | 1 | 刘*平 | 核心技术（业务）骨干 | | 2 | 谢*民 | 核心技术（业务）骨干 | | 3 | 刘*超 | 核心技术（业务）骨干 | | 4 | 谢* | 核心技术（业务）骨干 | | 5 | 施*谋 | 核心技术（业务）骨干 | | 6 | 黄*逸 | 核心技术（业务）骨干 | | 7 | 王*如 | 核心技术（业务）骨干 | | 8 | 黎*铭 | 核心技术（业务）骨干 | | 9 | 韦*伟 ...

证券代码:300525 证券简称:博思软件 公告编号:2024-107 福建博思软件股份有限公司 第五届监事会第五次会议决议公告 本公司及监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、监事会会议召开情况 福建博思软件股份有限公司（以下简称"公司"）于 2024 年 10 月 25 日以 电子邮件方式发出第五届监事会第五次会议的通知，并于 2024 年 10 月 28 日上 午 11:00 在公司会议室以通讯表决方式召开，本次会议应出席监事 3 人，实际出 席 3 人，本次会议由监事会主席毛时敏先生主持，公司部分高级管理人员列席本 次会议。本次会议的召开符合《中华人民共和国公司法》及《公司章程》等有关 规定。 二、监事会会议审议情况 经与会监事审议，形成如下决议： 《2024 年第三季度报告》具体内容见同日刊登于中国证监会指定创业板信 息披露网站上的相关公告。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 2、审议通过《关于调整 2021 年股票期权激励计划行权价格的议案》。 1 证券代码:300525 证券简称:博思软件 公告编号:2024-107 经审 ...

信托公司管理信托财产应恪尽职守，履行诚实、信用、谨 慎、有效管理的义务。信托公司依据本信托合同约定管理信托 财产所产生的风险，由信托财产承担。信托公司因违背本信托 合同、处理信托事务不当而造成信托财产损失的，由信托公司 以固有财产赔偿；不足赔偿时，由投资者自担。 陕国投·博思软件第三期员工持股集合资金信托计划 信托合同 信托合同 重要提示：本信托计划为权益类产品。本信托计划不保障本金，也不保障任何收益。信托计划 收益来源于本信托计划项下各项投资组合的回报，容易受到市场价格波动、受托人的管理能力和委 托人代表的投资研究能力等因素的影响。在最不利的情况下，本信托计划收益可能为零，同时投资 者本金可能全部损失，由此产生的收益不确定及本金损失的风险由投资者自行承担。投资者需认真 阅读信托文件中关于风险揭示的相关条款，审慎作出投资决策。 合同号：【2402236】-【 】 中信登产品编码：【ZXD33S202409010053631】 委托人作为本合同一方，以电子签名或纸质合同手写签名、盖章方式签署本合同即表明委托人 完全接受本合同项下的全部条款。委托人以电子签名方式接受电子签名合同（即本合同、信托计划 说明书、风险申 ...