龙软科技: 北京龙软科技股份有限公司关于2024年年度报告的信息披露监管问询函回复的公告

Core Viewpoint - The company, Longsoft Technology, reported a significant decline in its financial performance for 2024, with a net profit of 33.03 million yuan, down 60.83% year-on-year, attributed to increased competition and rising operational costs [1][11]. Financial Performance - The company achieved an operating revenue of 329 million yuan in 2024, a decrease of 17.04% compared to the previous year [11][18]. - The net profit attributable to the parent company was 33.03 million yuan, reflecting a 60.83% decline year-on-year [1][11]. - The fourth quarter of 2024 saw a revenue of 114 million yuan, down 20.93% year-on-year, and a net loss of 16.02 million yuan, marking the first quarterly loss [11][18]. Reasons for Performance Decline - The decline in revenue was primarily due to a significant drop in coal prices, leading to reduced profits for coal mining companies and a cautious approach to investment in intelligent mining upgrades [13][18]. - Increased sales and research expenses contributed to the net profit decline, with total expenses rising by 17.85% year-on-year [18][20]. - The company faced challenges in the timely execution and acceptance of projects, which further impacted revenue recognition [18][22]. Non-Recurring Gains and Losses - The company reported non-recurring gains and losses of 2.67 million yuan, with significant discrepancies noted in the reporting of these figures [1][4]. - A major factor in the discrepancy was the reversal of bad debt provisions amounting to 5.91 million yuan, which was not accounted for in the initial reports [4][11]. Internal Control and Compliance Measures - The company has established comprehensive internal control and financial accounting systems, including regular audits and training for staff to enhance compliance with disclosure requirements [5][6]. - A special rectification meeting was convened to address the issues raised by the Shanghai Stock Exchange regarding financial disclosures [6][10]. Market Position and Industry Trends - The intelligent mining software market remains promising, with government initiatives promoting the modernization of coal mines, although investment has become more cautious due to fluctuating coal prices [13][18]. - The company has maintained a competitive edge through technological innovation, evidenced by the acquisition of 39 new patents in 2024, significantly increasing its innovation capabilities [24].