把握AI赋能与出海拓新的多元机遇 科技快速发展的行业趋势下，创新业务成为现阶段公司经营的战略核心，其中AI人工智能与出海业务 多维深度耦合，实现技术能力与全球市场拓展的同频共振，为业务增长注入强心剂。 报告期内，公司以AI等新技术为核心驱动力，深化数字化与智能化服务能力，引领传统优势行业持续 发展的同时，深耕创新服务领域，积极拓展业务能力边界，致力于实现公司的高质量可持续发展。 传统优势行业与第二增长曲线协同增长 作为行业领先的面向全球的咨询、行业解决方案与数智技术服务提供商，博彦科技在传统IT服务(研发 工程及IT运营维护)领域发展稳健，在巩固金融、互联网与高科技等传统优势行业的同时，加速农业、 能源、化工等新拓行业的业务布局，擘画第二增长曲线，为整体业务的高质量发展注入强劲动能。 具体来看，在金融、互联网和高科技等传统业务领域，公司以战略级大客户为核心，通过深化客户粘性 与生态合作，持续提升全生命周期服务能力，实现业务盈利能力和现金流的稳健的双提升。 本报讯(记者贺王娟)8月28日，博彦科技（002649）股份有限公司(以下简称"博彦科技")发布2025年半年 度报告。报告显示，2025年上半年，博彦科技 ...

具体来看，在金融、互联网和高科技等传统业务领域，公司以战略级大客户为核心，通过深化客户粘性 与生态合作，持续提升全生命周期服务能力，实现业务盈利能力和现金流的稳健的双提升。其中，金融 科技业务持续深耕银行和证券等金融客户，保持稳健增长，实现营业收入8.8亿元。 在人工智能领域，公司已实现自主研发与生态协同为双轮驱动，以强化核心竞争力并实现应用由点到面 拓展。在AI行业级应用层面，公司依托"人工智能计算平台"和"AI Agent平台"两大技术平台，提供一站 式 AI 模型开发及推理服务解决方案；在金融领域形成前中后台 AI 全场景解决方案并落地应用，如为 部分银行客户构建AI Agent系统，赋能业务落地提质增效；同时拓展多领域应用，中标千万级项目，AI 应用能力不断获得市场认可。与此同时，公司还发挥生态合作优势，推出"博问深析（BY-DeepSeek） 全栈信创知识场景中枢一体机"，在软硬件融合领域迈出关键一步。 根据财报，博彦科技已构建起强大的全球服务交付网络，旗下80 多个交付中心，覆盖亚、欧及南北美 洲13个国家的核心城市。 互联网与高科技业务在优化升级业务与客户结构的同时，不断深化与行业头部客户的生态 ...

资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 13.15 | | --- | --- | | 总股本/流通股本（亿股）5.85 / 5.49 | | | 总市值/流通市值（亿元）77 / 72 | | | 52 周内最高/最低价 | 16.94 / 7.32 | | 资产负债率(%) | 29.1% | | 市盈率 | 62.62 | | 第一大股东 | 王斌 | 证券研究报告：计算机 | 公司点评报告 发布时间：2025-05-06 股票投资评级 买入|维持 个股表现 -23% -13% -3% 7% 17% 27% 37% 47% 57% 67% 77% 2024-04 2024-07 2024-09 2024-12 2025-02 2025-04 博彦科技 计算机 "技术+场景+生态"，AI 驱动效率革命 研究所 分析师:孙业亮 SAC 登记编号:S1340522110002 Email:sunyeliang@cnpsec.com 分析师:丁子惠 SAC 登记编号:S1340523070003 Email:dingzihui@cnpsec.com AI 大模型在金融业的规模化应 ...

Financial Performance - In 2024, the company achieved a revenue of CNY 6.899 billion, a year-on-year increase of 4.50% [9] - The net profit attributable to shareholders was CNY 124 million, a decrease of 42.81% compared to the previous year [9] - The overall gross margin was 24.05%, remaining stable [9] - Operating cash flow net amount was CNY 202 million, exceeding net profit levels [9] Revenue Breakdown By Product - Revenue from products and solutions was CNY 1.622 billion, a decrease of 4.40%, accounting for 23.52% of total revenue [9] - Revenue from R&D engineering was CNY 4.097 billion, an increase of 8.69%, accounting for 59.38% of total revenue [9] - Revenue from IT operation and maintenance was CNY 1.147 billion, an increase of 4.58%, accounting for 16.62% of total revenue [9] By Industry - Revenue from the financial sector was CNY 1.738 billion, remaining stable, accounting for 25.20% of total revenue [10] - Revenue from the internet sector was CNY 2.603 billion, a year-on-year increase of 6.64%, accounting for 37.74% of total revenue [10] - Revenue from the high-tech sector was CNY 1.546 billion, a year-on-year increase of 4.18%, accounting for 22.40% of total revenue [10] By Region - Domestic revenue was CNY 4.978 billion, a year-on-year increase of 7.24% [11] - Overseas revenue was CNY 1.921 billion, a year-on-year decrease of 1.98% [11] New Business Development - The company signed contracts worth over CNY 810 million in new business throughout 2024 [3] - Focus areas for new business include digital agriculture, smart energy, and central state-owned enterprises [4] - New business is expected to see significant revenue growth in 2025, with new contracts amounting to CNY 150 million in Q1 2025 [12][19] Future Strategy - The company aims to enhance high-value-added business and accelerate new business expansion [7] - Plans to optimize existing business structures and improve service quality to ensure stable cash flow [21] - The focus will be on leveraging AI and digital transformation to drive innovation and efficiency [7][18] AI and Innovation - The company has established partnerships with leading AI model vendors to provide comprehensive AI solutions [6] - Emphasis on integrating AI technology into business processes to enhance operational efficiency [18] - The AI agent platform was launched to facilitate the application of AI in various industries [20]