普联软件公告称，公司拟向不特定对象发行可转换公司债券并在深交所上市。2025年，公司内部已通过 相关议案，获股东大会批准；外部方面，发行已于9月25日经深交所审核通过，11月14日获中国证监会 同意注册，上市交易尚需深交所同意。公司2022 - 2024年归属于上市公司股东的净利润分别为1.44亿 元、0.47亿元、1.06亿元，年均可分配利润为0.99亿元，符合发行条件。本次发行募集资金将用于国产 ERP功能扩展等项目。 ...

证券代码：300996 股票简称：普联软件 公告编号：2025-097 普联软件股份有限公司 Pansoft Company Limited （山东省济南市高新区舜泰北路 789 号 B 座 20 层） 向不特定对象发行可转换公司债券 上市公告书 保荐人（主承销商） （山东省济南市市中区经七路 86 号） 二〇二五年十二月 普联软件股份有限公司 上市公告书 第一节 声明与提示 普联软件股份有限公司（以下简称"普联软件""发行人"或"公司"）及全体董 事、高级管理人员保证上市公告书的真实性、准确性、完整性，承诺上市公告书 不存在虚假记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整 性承担个别和连带的法律责任。 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》"）等有关法律、法规的规定，本公司董事、 高级管理人员已经依法履行诚信和勤勉尽责的义务和责任。 中国证券监督管理委员会（以下简称"中国证监会"）、深圳证券交易所（以 下简称"深交所"）、其他政府机关对本公司可转换公司债券（以下简称"可转债"） 上市及有关事项的意见，均不表明对本公司的任何保证 ...

北京市中伦律师事务所 关于普联软件股份有限公司 向不特定对象发行可转换公司债券 并在深圳证券交易所上市的 法律意见书 $$\Xi{\bf O}{\bf\pm}\Xi{\bf\#}{\bf\pm}{\bf\mp}{\bf\#}$$ 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty | | | 北京市中伦律师事务所 关于普联软件股份有限公司 向不特定对象发行可转换公司债券 并在深圳证券交易所上市的 法律意见书 致：普联软件股份有限公司 北京市中伦律师事务所（以下简称本所）接受普联软件股份有限公司（以下 简称 ...

中泰证券股份有限公司 关于 普联软件股份有限公司 向不特定对象发行可转换公司债券 之 上市保荐书 保荐人（主承销商） 二〇二五年十二月 普联软件股份有限公司 上市保荐书 声 明 中泰证券股份有限公司及本项目保荐代表人已根据《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》"）等有关法律法规和中国证券监督管理委员会（以下简称"中国证监会"） 及深圳证券交易所的有关规定，诚实守信，勤勉尽责，严格按照依法制订的业务 规则和行业自律规范出具上市保荐书，并保证所出具文件真实、准确、完整。 如无特别说明，本上市保荐书中所使用的简称或名词释义与募集说明书中的 简称或名词释义具有相同含义。 1 普联软件股份有限公司 上市保荐书 一、发行人基本情况 （一）基本情况 | 公司中文名称 | 普联软件股份有限公司 | | --- | --- | | 公司英文名称 | Pansoft Company Limited | | 有限公司设立时间 | 年 月 日 2001 9 28 | | 上市时间 | 年 月 日 2021 6 3 | | 注册资本 | 万元 28,277.6048 | ...

证券代码：300996 证券简称：普联软件 公告编号：2025-096 普联软件股份有限公司 向不特定对象发行可转换公司债券发行结果公告 保荐人（主承销商）：中泰证券股份有限公司 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。 普联软件股份有限公司（以下简称"发行人"）向不特定对象发行可转换公司 债券（以下简称"普联转债"或"可转债"）已获得中国证券监督管理委员会证监 许可〔2025〕2527 号文同意注册。中泰证券股份有限公司（以下简称"中泰证券" 或"保荐人（主承销商）"）担任本次发行的保荐人（主承销商）。本次发行的可 转债简称为"普联转债"，债券代码为"123261"。 本次发行的可转债规模为人民币 24,293.26 万元，每张面值为人民币 100 元， 共计 2,429,326 张，按面值发行。本次发行的普联转债向发行人在股权登记日 （2025 年 12 月 4 日，T-1 日）收市后中国证券登记结算有限责任公司深圳分公司 （以下简称"中国结算深圳分公司"）登记在册的原股东实行优先配售，原股东优 先配售后余额部分（含原股东放弃优先配售部分）通过深圳证 ...

证券时报·数据宝统计，截至下午收盘，上证综指3900.50点，涨跌幅为-0.23%，A股总成交额为17916.34 亿元。到目前为止，今日有92只A股的5日均线主动下穿10日均线，其中退市苏吴、大有能源、普联软 件等个股的5日均线较10日均线距离最大，分别达-6.71%、-2.31%、-2.08%。（数据宝） 部分5日、10日均线死叉个股 | 代码 | 简称 | 今日涨跌 | 今日换手 | 5日均线 | 10日均线 | 5日较10日均线 | 最新价 | 较10日均线乖 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （%） | 率（%） | （元） | （元） | 距离（%） | （元） | 离率（%） | | 600200 | 退市 | 10.00 | 8.15 | 0.88 | 0.94 | -6.71 | 0.44 | -53.14 | | | 苏吴 | | | | | | | | | 600403 | 大有 能源 | 0.52 | 1.72 | 7.98 | 8.17 | -2.31 | 7.71 | -5.60 | | ...

证券 时报·数据宝统计，截至下午14:05，上证综指3896.93点，涨跌幅为-0.32%，A股总成交额为 14569.29亿元。到目前为止，今日有93只A股的5日均线主动下穿10日均线，其中 退市苏吴 、 大有能源 、 普联软件 等个股的5日均线较10日均线距离最大，分别达-6.71%、-2.36%、-2.04%。（数据宝） 部分5日、10日均线死叉个股 | 代码 | 简称 | 今日涨跌 | 今日换手 | 5日均线 | 10日均线 | 5日较10日均线 | 最新价 | 较10日均线乖 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （%） | 率（%） | （元） | （元） | 距离（%） | （元） | 离率（%） | | 600200 | 退市 | 10.00 | 7.77 | 0.88 | 0.94 | -6.71 | 0.44 | -53.14 | | | 苏吴 | | | | | | | | | 600403 | 大有 | 0.00 | 1.33 | 7.97 | 8.16 | -2.36 | 7.67 | -6.0 ...

证券日报网讯12月9日，普联软件（300996）在互动平台回答投资者提问时表示，截至2025年11月28 日，公司股东总户数为24836户。 ...

1. Report Industry Investment Rating No information provided regarding the report industry investment rating. 2. Core Viewpoints of the Report - The target price for PULIAN Convertible Bond on its first day of listing is estimated to be between RMB 137 and RMB 142, with a recommended active subscription. The expected conversion premium rate on the first - day of listing is in the range of 42% - 47% [3][22]. - The estimated first - day new - bond lottery winning rate is around 0.0018% - 0.0022% [4][23]. 3. Summary According to the Table of Contents 3.1. PULIAN Convertible Bond New - Bond Analysis and Investment Recommendations 3.1.1. Analysis of Convertible Bond Basic Terms - The PULIAN Convertible Bond will be issued through priority placement and online issuance. Its bond and issuer ratings are both A+. The issuance scale is RMB 243 million, with an initial conversion price of RMB 18.26. The conversion parity on December 5, 2025, was RMB 96.44, and the pure - bond value is RMB 82.46. The game terms (lower - adjustment, redemption, and put - back clauses) are normal. Overall, the bond has a low issuance scale, poor liquidity, and a weak rating, but the bond floor protection is acceptable. It is difficult for institutions to include it in their portfolios, but there is no objection to primary - market participation [2][17]. 3.1.2. Analysis of New - Bond Initial Listing Price - The company's main business is to provide information solutions and IT integrated services for large - scale group enterprises. The funds raised from this issuance will be used for upgrading and expanding existing products, enhancing market competitiveness, and maintaining a leading position in industry technology [3][21]. - The target price for PULIAN Convertible Bond on its first day of listing is estimated to be between RMB 137 and RMB 142, with a recommended active subscription. The expected conversion premium rate on the first - day of listing is in the range of 42% - 47% [3][22]. 3.1.3. Analysis of Convertible Bond New - Bond Lottery Winning Rate - The estimated first - day new - bond lottery winning rate is around 0.0018% - 0.0022%. Assuming an old - shareholder placement ratio of 21% - 34%, the scale available in the market is between RMB 161 million and RMB 191 million. Assuming 8.7 million online valid subscriptions, the lottery - winning rate when subscribing to the maximum limit is around 0.0018% - 0.0022% [4][23]. 3.2. Analysis of the Underlying Stock's Fundamental Conditions 3.2.1. Company's Main Business and the Upstream and Downstream of the Industry - The company's main business is to provide information solutions and IT integrated services for large - scale group enterprises. It has strong innovation and delivery capabilities and serves many large - scale central enterprises [24]. - The upstream of the industry consists of enterprises producing basic software and computer hardware products, with sufficient supply. The downstream includes energy, construction, and finance industries, and the digital transformation of the downstream market drives the development of the software industry [24][25]. 3.2.2. Company's Operating Conditions - The company's operating income has shown an overall upward trend from 2022 to the first half of 2025, with year - on - year growth rates of 19.31%, 7.80%, 11.60%, and 9.45% respectively. Customized software business is the main source of income [28]. - The company's comprehensive gross profit margin and net profit rate have shown a downward trend from 2022 to the first half of 2025, mainly due to factors such as changes in the market environment and a significant increase in labor costs [31]. - The company's periodic expenses and R & D expenses have fluctuated greatly in recent years. The proportion of accounts receivable in operating income has shown an upward trend, and the accounts - receivable turnover rate has slightly decreased [34][39][40]. - The company's net profit attributable to the parent has fluctuated greatly, and its profitability and weighted ROE have also fluctuated significantly [44]. 3.2.3. Company's Equity Structure and Main Subsidiaries - As of June 30, 2025, the company's equity structure is relatively dispersed. The top two shareholders, Lin Guoqiang and Wang Hu, have a combined shareholding of 21.41%, and they are the controlling shareholders and actual controllers. Through a concerted action agreement, they jointly control 38.27% of the voting rights of the company's shares [47]. 3.2.4. Company's Business Characteristics and Advantages - The company has long - term technological accumulation, with XBRL - related systems and products widely applied. It has a mature development platform with high performance, strong scalability, and high flexibility [50]. - The company has advantages in talent reserves and R & D innovation. It has a R & D team with rich experience, a sound talent - training system, a R & D project - management mechanism, and close industry - university - research cooperation [51]. - The company has advantages in customer resources and market - feedback acquisition. It has a wide range of customers, can optimize products based on customer feedback, and quickly implement R & D results to expand market share [53]. 3.2.5. Allocation of Funds Raised in this Issuance - The company plans to issue convertible bonds to raise a maximum of RMB 243 million. After deducting issuance fees, RMB 85 million will be used for the domestic ERP function expansion project, RMB 49 million for the digital intelligent financial risk management and control product construction project, and RMB 108 million for the Yunhu Platform R & D and upgrade project [1][15][54]. - The domestic ERP function expansion project aims to upgrade and expand the existing ERP product, with an expected average annual operating income of RMB 141.1822 million, an after - tax internal rate of return of 17.78%, and an after - tax payback period of 7.99 years (including the construction period) [55]. - The digital intelligent financial risk management and control product construction project aims to upgrade and expand existing XBRL application products and solutions. The expected average annual operating income is RMB 54.0622 million, the after - tax internal rate of return is 23.55%, and the after - tax payback period is 6.41 years (including the construction period) [56]. - The Yunhu Platform R & D and upgrade project aims to enhance the platform's intelligence and technical capabilities, which is beneficial for the company to maintain and enhance its technological advantages and core competitiveness, but it does not directly generate economic benefits [57].

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - The total issuance scale of PULIAN Convertible Bonds is RMB 243 million, and the net proceeds after deducting issuance fees will be used for domestic ERP function expansion construction projects, digital intelligent financial risk control series product construction projects, and Yunhu platform R & D upgrade projects [4]. - The current bond - floor valuation is RMB 83.52, and the YTM is 2.97%. The conversion parity is RMB 103.8, and the parity premium rate is - 3.74%. The bond - floor protection is average, and the dilution pressure on equity is small [4]. - It is expected that the listing price of PULIAN Convertible Bonds on the first day will be between RMB 122.94 and RMB 136.97, and the subscription rate is expected to be 0.0011%. It is recommended to actively subscribe [4]. - PULIAN Software is a comprehensive service provider focusing on energy industry management software development. Since 2020, its revenue has fluctuated and increased, with a compound growth rate of 18.64% from 2020 - 2024. The net profit attributable to the parent has also fluctuated, with a compound growth rate of 9.81% from 2020 - 2024 [4]. - The company's sales net profit margin and gross profit margin have fluctuated and declined, the sales expense ratio has fluctuated and increased, the financial expense ratio has decreased steadily, and the management expense ratio has shown an "inverted U - shaped" fluctuation [5]. 3. Summary According to the Directory 3.1. Convertible Bond Basic Information - The issuance schedule of PULIAN Convertible Bonds is from December 3, 2025 (T - 2) to December 11, 2025 (T + 4), including steps such as publishing prospectuses, online roadshows, and determining subscription results [11]. - The convertible bond has a code of 123261.SZ, a face value of RMB 100, a term of 6 years, a rating of A +/A +, and an initial conversion price of RMB 18.26 per share. The conversion period is from June 11, 2026, to December 4, 2031 [12]. - The funds raised will be used for three projects, with a total investment of RMB 242.9326 million, all funded by the raised funds [13]. - The bond - floor value is RMB 83.52, the pure - bond premium rate is 19.73%, the conversion parity is RMB 103.89, and the parity premium rate is - 3.74%. The pure - bond YTM is 2.97% [13]. 3.2. Investment Subscription Suggestion - By referring to comparable convertible bonds and an empirical model, it is expected that the conversion premium rate of PULIAN Convertible Bonds on the first - day of listing will be around 25%, and the listing price will be between RMB 122.94 and RMB 136.97 [16][17]. - It is expected that the priority subscription ratio of original shareholders will be 59.95%, and the online subscription rate will be 0.0011% [18]. 3.3. Fundamental Analysis of the Underlying Stock 3.3.1. Financial Data Analysis - PULIAN Software is mainly engaged in providing informatization solutions and IT comprehensive services for large - scale group enterprises, with its business covering multiple aspects. It is expanding into the financial and other industries while deepening its traditional advantageous fields [19]. - From 2020 to 2024, the company's revenue had a compound growth rate of 18.64%, and the net profit attributable to the parent had a compound growth rate of 9.81%. In 2025 Q3, the revenue was RMB 300 million, and the net profit attributable to the parent was RMB 1 million [20]. - The company's revenue mainly comes from industries such as petroleum and petrochemical, construction and real estate, coal and power, etc., and the product structure changes annually. The sales net profit margin and gross profit margin have declined, while the sales expense ratio has increased, and the financial expense ratio has decreased [22][24]. 3.3.2. Company Highlights - The company has long - term cooperation with large central enterprises, has strong innovation and delivery capabilities, and has a high brand reputation and industry status in the field of large - scale group enterprise informatization [31]. - It is an early software manufacturer in China to master the XBRL standard system and key technologies. Its XBRL - related systems and products have been widely applied in many customers [31].