上海宝信软件股份有限公司公告 股票代码：A600845 B900926 股票简称：宝信软件 宝信 B 编号：临 2024-022 上海宝信软件股份有限公司 修改《公司章程》部分条款公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并 对其内容的真实性、准确性和完整性承担法律责任。 上海宝信软件股份有限公司（以下简称"公司"）于 2024 年 3 月 14 日 完成对部分限制性股票的回购注销，本次共回购注销 402,866 股，对《公 司章程》部分条款修改如下： 《公司章程》原"第六条 公司注册资本为人民币 2,403,382,537 元。" 修改为： 股本结构为：人民币普通股 1,799,771,351 股，占 74.90%；境内上市 外资股 603,208,320 股，占 25.10%。 根据 2020 年第一次临时股东大会和 2023 年第一次临时股东大会授权， 由董事会审议决定修改上述条款。 特此公告。 - 1 - 上海宝信软件股份有限公司公告 "第六条 公司注册资本为人民币 2,402,979,671 元。" 原"第二十条 公司股份总数为 2,403,382,537 ...

股东大会会议资料 第 1 页 上海宝信软件股份有限公司 2023 年度股东大会 会 议 资 料 2024 年 4 月 26 日 股东大会会议资料 2023 年度股东大会会议须知 根据法律、法规和公司章程相关规定，为确保股东大会的顺利召开， 特制定大会会议须知如下，望出席股东大会的全体人员遵守执行。 一、股东大会有关事宜具体由董事会秘书室负责。 二、股东大会期间，董事会应以维护股东的合法权益，保证大会正常 秩序和议事效率为原则，认真履行法定职责。 三、股东凭有效证件出席股东大会，并依法享有发言权、咨询权、表 决权等各项权利。 四、股东如要求在大会发言，应在大会前向董事会秘书室报告，由董 事会秘书室负责安排。股东发言时，应首先报告其持有公司股份的数量， 每一名股东发言一般不超过两次，每次发言一般不超过 5 分钟。公司董事 会或经营管理人员应认真负责、有针对性地回答股东提出的问题，回答问 题的时间一般不超过 15 分钟。 五、本次大会采取记名方式投票表决。第 1～7 项议案以普通决议表决 通过；第 7 项议案关联股东回避表决。现场表决前，推举两名股东代表参 加计票、监票；表决时，由律师、股东代表与监事代表共同负责计 ...

证券代码：600845 900926 证券简称：宝信软件 宝信 B 公告编号：2024-019 上海宝信软件股份有限公司 关于第二期限制性股票计划预留第一批第二个解除限 售期解锁暨上市公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 本次股票上市流通总数为 135,187 股。 本次股票上市流通日期为 2024 年 4 月 22 日。 一、第二期限制性股票计划批准及实施情况 1.2020 年 4 月 13 日，公司第九届董事会第八次会议及第九届监事会第八次会 议审议通过了《第二期限制性股票计划（草案）及其摘要的议案》及其他相关议 案，拟向激励对象授予不超过 17,000,000 股限制性股票，其中首次授予不超过 15,300,000 股，首次授予的激励对象不超过 650 人；预留 1,700,000 股，预留授 予的激励对象参考首次授予的激励对象确定标准，授予日由公司董事会在股东大 会审议通过计划（草案）后的 12 个月内另行确定。 2.2020 年 4 月 22 日，公司发布了《第二期限制性股票计划获中国宝武批复的 ...

上海市长乐路 989 号世纪商贸广场 26-27 楼 邮编 200031 26-27th Floor, The Center, No.989 Changle Road, Shanghai 200031,P.R.C. Tel: (86-21) 5292-1111, (86-21) 6350-0777 Fax: (86-21) 5292-1001, (86-21) 6272-6366 www.watson-band.com.cn mail@watson-band.com.cn 上海市华诚律师事务所 关于上海宝信软件股份有限公司 第二期限制性股票计划预留第一批 第二个解除限售期解锁暨上市的 法律意见书 关于上海宝信软件股份有限公司第二期限制性股票计划预留第一批第二个解除限售期解锁暨上市的法律意见书 致：上海宝信软件股份有限公司 上海市华诚律师事务所（以下简称"本所"）接受上海宝信软件股份有限公司（以下简称"宝 信软件"或"公司"）的委托，担任公司第二期限制性股票计划（以下简称"第二期计划"或"本 计划"）的法律顾问。 上海市华诚律师事务所 二零二四年四月 上 海 北 京 香 港 哈尔滨 兰 州 烟 台 广 州 芝加 ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative increase of over 15% in the stock price compared to the benchmark index over the next 6 to 12 months [11]. Core Views - The company has shown significant improvement in profitability, with a historical high in operating performance. In Q4 2023, the company achieved a revenue of 4.097 billion yuan, a year-on-year decrease of 25.46% but a quarter-on-quarter increase of 30.43%. The net profit attributable to the parent company was 683 million yuan, a year-on-year increase of 3.98% [7]. - The company is actively expanding its industrial automation layout through the development of PLC products, benefiting from new industrialization opportunities. It has established a digital industrial research institute to enhance its capabilities in industrial automation [8]. - The company is increasing its investment in R&D, with 1.454 billion yuan allocated in 2023, accounting for 11.26% of revenue. This investment aims to strengthen its position in industrial software and artificial intelligence [8]. Financial Summary - The company reported a total revenue of 12.916 billion yuan in 2023, a year-on-year decrease of 1.78%. However, the net profit attributable to the parent company was 2.554 billion yuan, a year-on-year increase of 16.82% [6]. - The forecast for net profit from 2024 to 2026 is 3.146 billion yuan, 4.103 billion yuan, and 5.168 billion yuan, respectively, with EPS projected at 1.31 yuan, 1.71 yuan, and 2.15 yuan [9]. - The company’s gross margin improved to 36.92%, an increase of 3.89 percentage points year-on-year, with a net profit margin of 20.22%, up 3.1 percentage points year-on-year [7].

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company reported a revenue of 12.916 billion yuan in 2023, a year-on-year decrease of 1.78%, while the net profit attributable to shareholders reached 2.554 billion yuan, an increase of 16.82% [3][4] - The decline in revenue is attributed to the company's optimization of its revenue structure, leading to the abandonment of low-margin and low-value-added businesses [3][4] - The company expects a significant increase in related transactions with Baowu Group, projecting 12.7 billion yuan in 2024, which represents a year-on-year growth of 56.38%, indicating a high demand within Baowu [3][4] Financial Performance - In 2023, the company achieved a gross profit margin of 36.92%, an increase of 3.88 percentage points compared to the previous year [3] - The revenue breakdown shows that software development and engineering services generated 9.322 billion yuan, a decline of 2.80%, while outsourcing services grew by 2.38% to 3.491 billion yuan [3] - The net cash flow from operating activities was 2.608 billion yuan, reflecting a year-on-year increase of 3.45% [3] Future Outlook - The company is expected to achieve net profits of 3.026 billion yuan, 4.167 billion yuan, and 5.833 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding price-to-earnings ratios of 29, 21, and 15 times [5][9] - The company is focusing on industrial software and artificial intelligence, enhancing its industrial internet platform and expanding into non-steel markets such as non-ferrous metals, chemicals, and new materials [4]

计算机/IT服务Ⅱ 公 司 研 宝信软件（600845.SH） 七部门共推工业领域设备更新，宝信软件核心受益 究 2024年04月09日 ——公司信息更新报告 投资评级：买入（维持） 蒋颖（分析师） jiangying@kysec.cn 日期 2024/4/9 证 书编号：S0790523120003  七部门共推工业领域设备更新，智造与改造并行，维持“买入”评级 当前股价(元) 38.67 近期，七部门近日联合印发《推动工业领域设备更新实施方案》，提出到 2027 公 一年最高最低(元) 60.66/35.28 司 年，工业领域设备投资规模较2023年增长25%以上，规模以上工业企业数字化 信 总市值(亿元) 929.50 研发设计工具普及率、关键工序数控化率分别超过90%、75%；提出加快落后低 息 流通市值(亿元) 670.97 更 效设备替代、更新升级高端先进设备、推广应用智能制造装备、加快生产设备绿 总股本(亿股) 24.04 新 色化改造，其中钢铁行业加快对现有高炉、转炉、电炉等全流程开展超低排放改 报 流通股本(亿股) 17.35 告 造等。宝信软件作为国内领先的智能制造企业，产品包括大型PL ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][4]. Core Views - The report highlights a strategic partnership between the company and Wuhan Gangdi Technology, aiming to expand into the port and other industries with domestic products [4]. - The company is expected to benefit significantly from the push for equipment updates in the industrial sector, with projected net profits for 2024-2026 being 30.2 billion, 38.3 billion, and 50.6 billion yuan respectively [4]. - The collaboration with Hongwang Group demonstrates the company's strong recognition in the domestic market, with significant projects underway that utilize the company's proprietary PLC products [4]. - The report emphasizes the company's unique position as a domestic provider of large PLCs, which is expected to drive long-term growth as domestic projects are implemented [4]. Financial Summary and Valuation Metrics - The company's total revenue for 2022 was 13.15 billion yuan, with a projected increase to 14.02 billion yuan in 2024, reflecting a year-on-year growth of 8.5% [5]. - The gross profit margin is expected to improve from 36.9% in 2023 to 38.1% in 2024, indicating enhanced profitability [5]. - The earnings per share (EPS) is projected to rise from 1.06 yuan in 2023 to 1.26 yuan in 2024, with a corresponding price-to-earnings (P/E) ratio of 30.9 times [5].

[Table_Main] 公司研究|信息技术|软件与服务 证券研究报告 宝信软件(600845)公司点评报告 2024年04月09日 [Table_Invest] [Tab盈le_T利itle能] 力持续提升，加快新兴产业布局 买入|维持 ——宝信软件(600845.SH)2023年年度报告点评 [当Ta前b价le_：T argetPr3ic6e.1] 2元 [事Ta件ble：_S ummary] 公司于2024年3月29日收盘后发布《2023年年度报告》。 [基Ta本bl数e_据Ba se] 点评： 52周最高/最低价（元）： 60.57 / 35.80  主要经营指标保持稳健增长，经营质量与效率效益持续提升 A股流通股（百万股）： 2338.32 2023年，公司坚持规划引领，通过战略转型进一步提升产品化、平台化能 A股总股本（百万股）： 2403.67 力，全年主要经营指标保持稳健增长，营收利润率进一步提高。公司全年实 流通市值（百万元）： 84459.97 现营业收入129.16亿元，同比减少1.78%，其中，软件开发及工程服务营 总市值（百万元）： 86820.73 业收入为93.22亿元，同比减 ...

Investment Rating - The investment rating for the company is "Buy - A" with a 6-month target price of 51.23 CNY, based on a dynamic price-to-earnings ratio of 40 times for 2024 [4]. Core Insights - The company reported a slight decline in revenue for 2023, with total revenue of 12.916 billion CNY, down 1.78% year-on-year, while net profit increased by 16.82% to 2.554 billion CNY [2][3]. - The company has signed a significant contract with Guangxi Hongwang for a cold-rolled project, utilizing its latest domestic PLC products, expected to commence production in March 2025 [2][6]. - The company has shown notable improvements in profitability across its three main business lines, with gross margins increasing significantly [3]. - The company is actively enhancing its capabilities in industrial software, robotics, and AI, aiming to establish new growth drivers [6][9]. Financial Performance Summary - In 2023, the software development and engineering services generated revenue of 9.322 billion CNY with a gross margin of 32.16%, an increase of 3.45 percentage points year-on-year [3]. - The outsourcing services generated revenue of 3.491 billion CNY with a gross margin of 50.26%, up 4.22 percentage points year-on-year [3]. - The system integration segment had revenue of 93 million CNY and a gross margin of 11.09%, reflecting a 1.61 percentage point increase year-on-year [3]. - The company expects revenue growth to reach 14.467 billion CNY in 2024, with net profit projected at 3.079 billion CNY [9][11]. Future Outlook - The company is focusing on the development and promotion of its PLC products and has established a digital industrial research institute to enhance its industrial digital foundation [6]. - The company aims to continue its strategic expansion in industrial software and AI, leveraging its existing strengths in steel information and automation [8][9]. - The projected revenue for 2024-2026 is expected to grow to 14.467 billion CNY, 16.219 billion CNY, and 18.698 billion CNY respectively, with net profits anticipated to reach 3.079 billion CNY, 3.733 billion CNY, and 4.356 billion CNY [9][11].