Sinosoft(603927) Shang Hai Zheng Quan Bao·2025-04-26 02:14Core Viewpoint - The company held an earnings briefing on April 25, 2025, to discuss its performance for the fiscal year 2024 and the first quarter of 2025, addressing investor concerns and outlining strategies for future growth [1][2]. Group 1: Earnings Performance - In 2024, the company achieved a revenue of 6.671 billion yuan, a year-on-year increase of 2.59%, while the net profit attributable to shareholders was 355 million yuan, a decrease of 45.76% [10][11]. - For the first quarter of 2025, the company reported a revenue of 1.235 billion yuan, a decline of 4.08%, and a net loss of approximately 16 million yuan [10][11]. Group 2: Business Growth Strategies - The company plans to enhance its non-insurance IT business, focusing on sectors such as non-insurance finance, government IT, and healthcare IT, aiming for high-speed growth by leveraging digital transformation opportunities [3][11]. - The company is committed to increasing its research and development capabilities, particularly in AI applications, to maintain a competitive edge in the software industry [4][14]. Group 3: Market Opportunities - The company recognizes the potential for growth in the insurance sector through digital transformation and aims to assist clients in achieving high-quality development via technology applications [2][6]. - The ongoing digital transformation across various industries is expected to drive demand for industry application software, providing the company with opportunities to expand its market presence [22]. Group 4: International Expansion - The company has been actively expanding its international market presence since 2010, with clients in East Asia, Southeast Asia, and South Asia, and plans to continue strengthening its international strategy [8][22]. - The company sees the potential for increased demand for domestic alternative software among overseas clients due to global supply chain restructuring [8][9]. Group 5: AI and Technology Integration - The company is integrating AI technologies into its software solutions, focusing on low-cost, high-precision, and strong security applications to meet market demands [4][21]. - The company aims to leverage its domain knowledge and engineering experience to provide comprehensive AI application solutions, enhancing its service offerings [6][21].