一、交易概述 关于产业基金完成私募投资基金备案的公告 证券代码：300687 证券简称：赛意信息 公告编号：2024-113 广州赛意信息科技股份有限公司 关于产业基金完成私募投资基金备案的公告 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、误导性陈述或重大遗漏。 3、管理人名称：共青城华道创新创业投资管理合伙企业（有限合伙） 4、备案日期：2024 年 11 月 21 日 注：共青城瀚意投资合伙企业(有限合伙)拟更名为"共青城瀚意股权投资合伙企业（有 限合伙）"。 特此公告 广州赛意信息科技股份有限公司（以下简称"公司"）已经与共青城华道创 新创业投资管理合伙企业(有限合伙)、上海东方证券创新投资有限公司共同签署 《共青城瀚意投资合伙企业(有限合伙)合伙协议》，参与投资共青城瀚意投资合 伙企业(有限合伙)（以下简称"产业基金"）。本次投资事项完成后，产业基金 的总体认缴出资额为 10,001 万元人民币，公司作为有限合伙人以自有资金认缴 出资 5,000 万元人民币，出资比例为 49.9950%。 具体内容详见公司于 2024 年 10 月 14 日刊登在巨潮资讯网 （www.c ...

关于公司为控股子公司提供担保事项的进展公告 证券代码：300687 证券简称：赛意信息 公告编号：2024-112 广州赛意信息科技股份有限公司 关于公司为控股子公司提供担保事项的进展公告 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、担保事项概述 广州赛意信息科技股份有限公司（以下简称"公司"）于2024年9月30日召 开第三届董事会第二十八次会议、第三届监事会第二十五次会议，并于2024年10 月16日召开2024年第二次临时股东大会，审议通过了《关于公司为控股子公司提 供担保额度预计的议案》。公司二级控股子公司上海赛一置业有限公司（以下简 称"赛一置业"）已经取得位于上海市闵行区华漕镇区域8,489.15㎡的土地使用 权，用于建设赛意信息华东研发总部。为保证赛一置业顺利向银行获取固定资产 贷款，公司预计为赛一置业提供连带责任保证担保，担保额度合计不超过人民币 22,400万元。 具 体 内 容 详 见 公 司 于 2024 年 10 月 1 日 刊 登 在 巨 潮 资 讯 网 （www.cninfo.com.cn）的《关于公司为控股子公司提供担保额 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative price increase of over 15% in the next 6 to 12 months compared to the benchmark index [2][5]. Core Insights - The company has shown stable revenue growth, with a reported revenue of 634 million yuan in Q3 2024, reflecting a year-on-year increase of 1.43%. However, the net profit attributable to the parent company decreased by 38.91% to 64.95 million yuan in the same period [2]. - The company is actively controlling expenses, with sales and management expenses decreasing by 5.41% and 2.75% respectively in Q3 2024, while R&D expenses increased by 10.94% [2]. - A stock incentive plan was announced, aiming for a compound annual growth rate of net profit of no less than 15% from 2025 to 2027, which reflects the company's confidence in its long-term development [2]. - Revenue forecasts for 2024-2026 are projected at 2.375 billion, 2.641 billion, and 3.076 billion yuan respectively, with net profits expected to be 256 million, 313 million, and 407 million yuan [2][3]. Financial Performance Summary - The company reported total revenue of 2.254 billion yuan in 2023, with a slight decrease in growth rate of -1% year-on-year. The projected revenue for 2024 is 2.375 billion yuan, indicating a growth rate of 5% [3][4]. - The net profit attributable to the parent company for 2023 was 254 million yuan, with a forecast of 256 million yuan for 2024, showing minimal growth [3][4]. - Earnings per share (EPS) are projected to remain stable at 0.62 yuan for 2024, with an increase to 0.76 yuan in 2025 and 0.99 yuan in 2026 [3][4]. Valuation Metrics - The price-to-earnings (P/E) ratio is projected to decrease from 32.0 in 2024 to 20.1 by 2026, indicating a more attractive valuation over time [2][3]. - The price-to-book (P/B) ratio is expected to decline from 2.9 in 2024 to 2.4 in 2026, suggesting improved valuation metrics as the company grows [2][3].

Investment Rating - The investment rating for the company is "Buy" [3][12]. Core Views - The company's profit margin is under pressure in Q3 2024, with a revenue of 634 million yuan, a year-on-year increase of 1.43%, and a net profit of 65 million yuan, a year-on-year decrease of 38.91% [2]. - The company is expected to see a recovery in performance in Q4 2024, driven by macroeconomic policies and an acceleration in client repayments [2]. - The company is focusing on both organic growth and external investments to ensure development momentum, with a research and development expense of 90 million yuan in Q3 2024, representing a 14.17% R&D expense ratio, an increase of 1.21 percentage points year-on-year [2]. - The management's confidence is reflected in the newly announced equity incentive and partner shareholding plans, which are tied to achieving specific net profit growth targets [2]. Summary by Sections Financial Performance - For the first three quarters of 2024, the company achieved a revenue of 1.705 billion yuan, a year-on-year increase of 1.37%, and a net profit of 95 million yuan, a year-on-year decrease of 26.31% [1]. - In Q3 2024, the company reported a revenue of 634 million yuan and a net profit of 65 million yuan, with a significant decline in profit due to the cessation of certain tax benefits and government subsidies [2]. Earnings Forecast and Valuation - The earnings per share (EPS) forecasts for 2024, 2025, and 2026 are adjusted to 0.65 yuan, 0.79 yuan, and 0.88 yuan respectively, with corresponding price-to-earnings (PE) ratios of 29x, 23x, and 21x based on the closing price on October 30, 2024 [3]. - The company’s revenue is projected to grow at rates of 5.8%, 9.5%, and 12.6% for the years 2024, 2025, and 2026 respectively [4]. Business Outlook - The company's ERP business is expected to benefit from the acceleration of domestic substitution processes, while its smart manufacturing segment is poised to gain from market growth and increasing penetration of MES [3].

关于回购公司股份的进展公告 证券代码：300687 证券简称：赛意信息 公告编号：2024-111 截至 2024 年 10 月 31 日，公司通过股份回购专用证券账户以集中竞价交易 方式回购公司股份 2,109,950 股，占目前公司总股本的 0.51%，最高成交价格为 19.79 元/股，最低成交价格为 13.05 元/股，成交总金额为 32,078,112 元（不 含交易费用）。 关于回购公司股份的进展公告 证券代码：300687 证券简称：赛意信息 公告编号：2024-111 本次回购的实施符合相关法律法规的要求，符合公司既定的回购方案。 二、其他事项 广州赛意信息科技股份有限公司 关于回购公司股份的进展公告 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。 广州赛意信息科技股份有限公司（以下简称"公司"）于 2024 年 7 月 22 日 召开第三届董事会第二十六次会议、第三届监事会第二十三次会议，并于 2024 年 8 月 7 日召开 2024 年第一次临时股东大会，审议通过了《关于回购公司股份 方案的议案》，同意公司使用自有资金以集中竞价交易的方式 ...

Investment Rating - The report maintains a "Buy" rating for the company with an updated target price of 22.29 CNY, up from the previous target of 20.51 CNY [2][4]. Core Insights - Short-term profitability is under pressure due to increased industry competition, but the long-term growth trend remains intact. The company has set high growth targets through its equity incentive plan [2]. - The company's revenue for the first three quarters of 2024 reached 1.705 billion CNY, a year-on-year increase of 1.37%, while the net profit attributable to shareholders was 94.6591 million CNY, down 26.31% year-on-year [2]. - The report highlights a decline in gross margin by 4.53 percentage points in Q3, primarily due to a decrease in single business gross margin rather than a change in revenue structure [2]. - The company has implemented an equity incentive plan, granting 7.65 million restricted shares to 211 employees at a price of 14.98 CNY per share, reflecting management's confidence in future growth [2]. Financial Summary - The projected revenues for 2024, 2025, and 2026 are 2.353 billion CNY, 2.611 billion CNY, and 2.911 billion CNY, respectively, with corresponding EPS estimates of 0.60 CNY, 0.70 CNY, and 0.87 CNY [3][10]. - The company's net profit for 2024 is expected to be 244 million CNY, a decrease of 4.0% compared to 2023, with a net profit margin of 10.4% [3][10]. - The report indicates a projected P/E ratio of 32.33 for 2024, decreasing to 22.09 by 2026, reflecting an anticipated improvement in profitability [3][10].

Investment Rating - The report maintains a "Buy" rating for SIE Information (300687 SZ) with a current PE valuation of 29 5/23 7/19 1 times for 2024/2025/2026 respectively [2] Core Views - SIE Information's Q3 2024 revenue growth remained stable at 6 34 billion yuan (+1 43% YoY) while net profit faced pressure declining 38 91% YoY to 64 95 million yuan [2] - The company's 1-3Q24 revenue reached 17 05 billion yuan (+1 37% YoY) with net profit dropping 26 31% YoY to 94 66 million yuan [2] - Gross margin for 1-3Q24 stood at 32 32% (-0 77pct YoY) and net margin was 5 55% (-2 09pcts YoY) [2] - The company launched an equity incentive plan with performance targets of 15-20% CAGR for net profit from 2025-2027 based on 2024 figures [2] Financial Performance Revenue & Profit - 3Q24 revenue: 6 34 billion yuan (+1 43% YoY) [2] - 1-3Q24 revenue: 17 05 billion yuan (+1 37% YoY) [2] - 3Q24 net profit: 64 95 million yuan (-38 91% YoY) [2] - 1-3Q24 net profit: 94 66 million yuan (-26 31% YoY) [2] Expense Ratios - R&D expense ratio: 14 46% (+0 78pct YoY) [2] - Sales expense ratio: 6 27% (-0 44pct YoY) [2] - Management expense ratio: 5 54% (-0 82pct YoY) [2] - Financial expense ratio: 0 47% (+0 02pct YoY) [2] Forecasts - 2024-2026 revenue forecasts: 23 19/27 40/32 89 billion yuan [2] - 2024-2026 net profit forecasts: 225/279/348 million yuan [2] - 2024-2026 EPS forecasts: 0 55/0 68/0 85 yuan [2] Historical Financials - 2022-2026E revenue growth: 17 37%/-0 75%/2 86%/18 17%/20 05% [4] - 2022-2026E net profit growth: 11 10%/1 98%/-11 72%/24 40%/24 54% [4] - 2022-2026E ROE: 10 34%/9 58%/7 79%/9 15%/10 67% [4] Market Sentiment - Recent market ratings show 23 "Buy" recommendations within the past six months [8] - The market average investment recommendation score is 1 00 indicating a strong "Buy" consensus [10]

特此公告 广州赛意信息科技股份有限公司 邢萌先生的简历如下： 邢萌先生，光大证券股份有限公司并购融资部资深经理，保荐代表人，注册 会计师，硕士研究生，具有 9 年投资银行业务经验，主要负责或参与江苏百宏、 镁锦股份、桂润环境 IPO 项目，东领智能、卓航股份新三板挂牌项目，新希望、 江西交投公司债项目等，具有丰富的投行理论知识和实践经验。 本次保荐代表人变更后，公司向特定对象发行 A 股股票的持续督导保荐代表 人为洪璐女士、邢萌先生。根据《证券发行上市保荐业务管理办法》等相关规定， 公司向特定对象发行 A 股股票的持续督导期已于 2023 年 12 月 31 日届满。因上 述期限结束后，募集资金尚未使用完毕，因此保荐机构将继续履行对公司向特定 对象发行 A 股股票剩余募集资金 2024 年度使用及管理情况的持续督导责任。 关于变更保荐代表人的公告 证券代码：300687 证券简称：赛意信息 公告编号：2024-110 广州赛意信息科技股份有限公司 关于变更保荐代表人的公告 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、误导性陈述或重大遗漏。 广州赛意信息科技股份有限公司（以下简称" ...

关于作废部分已授予但尚未归属的 2020 年限制性股票的公告 证券代码：300687 证券简称：赛意信息 公告编号：2024-108 广州赛意信息科技股份有限公司 关于作废部分已授予但尚未归属的 2020 年限制性股票的公告 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、误导性陈述或重大遗漏。 广州赛意信息科技股份有限公司（以下简称"公司"或"赛意信息"）于 2024 年 10 月 25 日召开第三届董事会第二十九次会议、第三届监事会第二十六 次会议审议通过了《关于作废部分已授予但尚未归属的 2020 年限制性股票的议 案》，根据公司《2020 年限制性股票激励计划（草案）》（以下简称"《激励 计划》"）的规定和公司 2020 年第五次临时股东大会的授权，公司董事会同意 作废部分已授予但尚未归属的 2020 年限制性股票共 33,120 股。现将相关事项公 告如下： 一、2020 年限制性股票激励计划已履行的相关审批程序 1、2020 年 9 月 21 日，公司董事会薪酬与考核委员会拟订了《2020 年限制 性股票激励计划（草案）》《2020 年限制性股票激励计划实施考核管理办法》 ...

Financial Performance - The company's revenue for Q3 2024 was ¥634,246,227.05, representing a year-on-year increase of 1.43%[3] - The net profit attributable to shareholders for Q3 2024 was ¥64,949,927.95, a decrease of 38.91% compared to the same period last year[3] - The company's basic earnings per share for Q3 2024 was ¥0.1584, a decrease of 38.89% year-on-year[3] - Total operating revenue for Q3 2024 was CNY 1,705,166,445.09, an increase from CNY 1,682,136,838.55 in Q3 2023, representing a growth of approximately 1.5%[20] - Net profit attributable to shareholders of the parent company for Q3 2024 was CNY 94,659,084.59, down from CNY 128,453,632.88 in Q3 2023, reflecting a decrease of about 26.3%[21] - The company reported a net profit of CNY 93,520,503.91 for Q3 2024, down from CNY 127,477,723.64 in the same period last year, a decrease of approximately 26.6%[21] - The total comprehensive income for Q3 2024 was CNY 84,150,646.32, compared to CNY 127,477,723.64 in Q3 2023, indicating a decline of about 33.9%[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥109,701,607.20, reflecting a significant decline of 1,036.76%[10] - Operating cash flow for the period was -$109,701,607.20, a decrease from $11,710,727.09 in the previous period[23] - Total cash inflow from operating activities was $1,726,281,956.50, slightly down from $1,727,806,885.76 year-over-year[23] - Cash outflow from operating activities totaled $1,835,983,563.70, compared to $1,716,096,158.67 in the previous period[23] - Investment cash flow net amount was -$211,121,254.05, worsening from -$98,130,659.82 in the previous period[23] - Cash inflow from investment activities was $959,760,760.81, down from $1,502,530,454.51 year-over-year[23] - Cash outflow from financing activities was $169,828,479.32, compared to $175,253,021.15 in the previous period[23] - Net cash flow from financing activities was -$37,708,739.79, an improvement from -$96,271,753.19 in the previous period[23] - The ending cash and cash equivalents balance was $407,288,859.13, down from $788,949,043.28 year-over-year[24] - The company received $5,000,000.00 from investment during the period, a significant decrease from $26,293,206.84 in the previous period[23] - The company paid $1,166,890,973.67 to employees, an increase from $1,074,803,141.08 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,670,057,890.73, down 2.06% from the end of the previous year[3] - As of September 30, 2024, the total current assets decreased to 1,786,198,206.62 CNY from 2,057,684,658.27 CNY at the beginning of the period[18] - Accounts receivable increased to 1,017,773,196.35 CNY from 917,251,520.36 CNY, reflecting a growth of approximately 10.5%[18] - Non-current assets totaled 1,883,859,684.11 CNY, up from 1,689,399,007.81 CNY, indicating an increase of about 11.5%[18] - The total liabilities as of the end of Q3 2024 amounted to CNY 836,168,783.09, compared to CNY 911,466,689.83 at the end of Q3 2023, indicating a reduction of approximately 8.2%[20] - The company’s total non-current liabilities rose to CNY 306,690,772.36 from CNY 223,521,244.53, reflecting an increase of approximately 37.2%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,883[11] - The largest shareholder, Zhang Chengkang, holds 11.20% of the shares, totaling 45,917,439 shares[11] - The company has a total of 5,264,039 shares held in the repurchase account, accounting for 1.62% of the total share capital[11] - The top ten shareholders hold a total of 7,141,600 shares through margin trading accounts[12] - The total number of shares held by the top ten unrestricted shareholders includes significant stakes from various funds and individuals[11] - The proportion of shares held by the top ten shareholders represents a significant portion of the total share capital, indicating concentrated ownership[11] Stock Repurchase and Incentive Plans - The company plans to repurchase shares with a total fund of no less than RMB 50 million and no more than RMB 100 million, with a maximum repurchase price of RMB 20.70 per share[13] - The repurchased shares will be used for employee stock ownership plans or to reduce registered capital, with at least 40% of the repurchased shares for capital reduction[13] - The company’s stock repurchase plan is ongoing and subject to adjustments based on national policy changes[13] - The company approved a restricted stock incentive plan as of October 16, 2024[14] - The company plans to grant 7,650,000 restricted stocks under the 2024 incentive plan, accounting for 1.87% of the total share capital[15] - The initial grant consists of 6,470,000 shares, representing 1.58% of the total share capital, with 84.58% of the total restricted stocks planned for this incentive[15] - The stock price for the initial and reserved grant of restricted stocks is set at 14.98 CNY per share[15] - The company approved a partner shareholding plan, allowing for the acquisition of up to 4,993,000 shares, approximately 1.22% of the total share capital[16] - The share price for the partner shareholding plan is set at 8.48 CNY per share[16] Return on Equity - The weighted average return on equity was 2.44%, down 1.59% from the previous year[3] - The company’s total equity attributable to shareholders was ¥2,654,754,676.70, showing a slight decrease of 0.02% from the end of the previous year[3] - The company's total equity stood at CNY 2,833,889,107.64, slightly down from CNY 2,835,616,976.25 year-over-year[20]