LCXX(SZ:000977) Chang Jiang Shang Bao·2025-06-25 23:02Core Viewpoint - The company, Inspur Information, is demonstrating confidence in the market by announcing a share buyback plan, which is expected to enhance its stock price and reflects its commitment to shareholder value [1] Group 1: Share Buyback Announcement - Inspur Information plans to repurchase a portion of its A-shares using self-funds and self-raised funds, with a total investment between 200 million yuan and 300 million yuan, at a maximum price of 75.59 yuan per share [1] - The estimated number of shares to be repurchased ranges from approximately 2.646 million to 3.969 million, accounting for 0.18% to 0.27% of the company's total share capital [1] - The company has secured a loan commitment of up to 270 million yuan from the Shandong branch of China Industrial Bank for the buyback [1] Group 2: Financial Performance - In 2024, Inspur Information achieved a revenue of 114.767 billion yuan and a net profit of 2.292 billion yuan, representing year-on-year growth of 74.24% and 28.55%, respectively, marking a historical high in revenue [2] - For Q1 2025, the company reported a revenue of 46.858 billion yuan, a year-on-year increase of 165.31%, and a net profit of 463 million yuan, up 52.78% [2] - The company has consistently invested in R&D, with total R&D expenses from 2020 to 2024 amounting to 15.336 billion yuan, and a 2.49% increase in Q1 2025 R&D expenses to 658 million yuan [2] Group 3: Innovation and Patents - Inspur Information holds the largest number of effective patents in the server field in China, with over 16,000 effective patents, of which over 80% are invention patents [3] - The company has accelerated its intelligent transformation, reducing the average product development cycle from 18 months to 7 months, and shortening the order delivery cycle from 15 days to 5-7 days [3] - The company aims to enhance operational efficiency through smart manufacturing, enabling on-demand production [3]