本报北京12月3日电 （记者刘温馨）工业和信息化部数据显示：前10月，我国软件业务收入125104亿 元，同比增长13.2%；软件业利润总额15721亿元，同比增长7.7%；软件业务出口510.9亿美元，同比增 长6.7%，增速连续8个月保持正增长。 信息安全收入和嵌入式系统软件收入平稳增长。前10月，信息安全产品和服务收入1810亿元，嵌入式系 统软件收入10736亿元。 （文章来源：人民日报） 信息技术服务收入保持两位数增长。前10月，信息技术服务收入86053亿元，同比增长14.4%，占全行 业收入的68.8%。其中，云计算、大数据服务共实现收入13078亿元，同比增长13.4%；集成电路设计收 入3591亿元，同比增长17.2%；电子商务平台技术服务收入11576亿元，同比增长12.1%。 软件产品收入稳定增长。前10月，软件产品收入26504亿元，同比增长11.2%，占全行业收入比重为 21.2%。其中，基础软件产品收入1583亿元，同比增长12.0%；工业软件产品收入2619亿元，同比增长 9.9%。 ...

Overall Performance - In the first ten months of 2025, China's software business revenue reached 125.104 billion yuan, representing a year-on-year growth of 13.2% [2] - The total profit of the software industry was 15.721 billion yuan, with a year-on-year increase of 7.7% [2] - Software business exports amounted to 510.9 million USD, showing a year-on-year growth of 6.7%, maintaining positive growth for eight consecutive months [2] Sector Performance - Software product revenue grew steadily, reaching 26.504 billion yuan, a year-on-year increase of 11.2%, accounting for 21.2% of the total industry revenue [3] - Basic software product revenue was 1.583 billion yuan, up 12.0% year-on-year; industrial software product revenue was 2.619 billion yuan, up 9.9% year-on-year [3] - Information technology service revenue maintained double-digit growth at 86.053 billion yuan, with a year-on-year increase of 14.4%, making up 68.8% of the total industry revenue [3] - Cloud computing and big data services generated 13.078 billion yuan, growing 13.4% year-on-year, representing 15.2% of information technology service revenue [3] - Integrated circuit design revenue was 3.591 billion yuan, up 17.2% year-on-year; e-commerce platform technology service revenue was 11.576 billion yuan, up 12.1% year-on-year [3] - Information security product and service revenue was 1.810 billion yuan, growing 6.5% year-on-year; embedded system software revenue was 10.736 billion yuan, up 9.7% year-on-year [3] Regional Performance - In the first ten months, software business revenue growth rates were 13.6% in the eastern region, 12.9% in the central region, 10.8% in the western region, and 9.1% in the northeastern region [4] - The eastern region accounted for 83.5% of the national software business revenue [4] - The Beijing-Tianjin-Hebei region saw a revenue growth of 15.0%, while the Yangtze River Delta region grew by 15.1%, with respective national revenue shares of 25.7% and 28.8% [4] - The top five provinces in software business revenue were Beijing, Guangdong, Jiangsu, Shandong, and Shanghai, with year-on-year growth rates of 15.2%, 9.4%, 14.6%, 13.7%, and 20.8% respectively [4]

Group 1 - The software and information technology service industry in China showed a positive operational trend in the first ten months of 2025, with software business revenue reaching 1,251.04 billion yuan, a year-on-year increase of 13.2% [1] - The total profit of the software industry was 157.21 billion yuan, reflecting a year-on-year growth of 7.7% [1] - Software exports amounted to 51.09 billion USD, marking a year-on-year increase of 6.7%, with positive growth maintained for eight consecutive months [1] Group 2 - Software product revenue reached 265.04 billion yuan, growing by 11.2% year-on-year, accounting for 21.2% of the total industry revenue [1] - Basic software product revenue was 15.83 billion yuan, with a year-on-year increase of 12.0%, while industrial software product revenue was 26.19 billion yuan, growing by 9.9% [1] Group 3 - Information technology service revenue maintained double-digit growth, totaling 860.53 billion yuan, a year-on-year increase of 14.4%, representing 68.8% of the total industry revenue [1] - Cloud computing and big data services generated 130.78 billion yuan, with a year-on-year growth of 13.4%, accounting for 15.2% of information technology service revenue [1] - Integrated circuit design revenue was 35.91 billion yuan, growing by 17.2%, and e-commerce platform technology service revenue reached 115.76 billion yuan, increasing by 12.1% [1] Group 4 - Information security product and service revenue was 18.10 billion yuan, reflecting a year-on-year growth of 6.5% [1] - Embedded system software revenue reached 107.36 billion yuan, with a year-on-year increase of 9.7% [1] Group 5 - Software business revenue growth varied by region, with the eastern region growing by 13.6%, central region by 12.9%, western region by 10.8%, and northeastern region by 9.1% [2] - The eastern region accounted for 83.5% of the national software business revenue [2] - The Beijing-Tianjin-Hebei region saw a software business revenue growth of 15.0%, while the Yangtze River Delta region grew by 15.1%, with respective national revenue shares of 25.7% and 28.8% [2] Group 6 - The top five provinces in software business revenue were Beijing, Guangdong, Jiangsu, Shandong, and Shanghai, with year-on-year growth rates of 15.2%, 9.4%, 14.6%, 13.7%, and 20.8% respectively [2]

Core Insights - The software industry in China has shown robust growth in revenue and profit, with software business income reaching 1,251.04 billion yuan, a year-on-year increase of 13.2% [1] - The total profit of the software industry amounted to 157.21 billion yuan, reflecting a year-on-year growth of 7.7% [1] - Software business exports reached 51.09 billion USD, marking a year-on-year increase of 6.7%, with positive growth maintained for eight consecutive months [1] Software Product Revenue - Software product revenue for the first ten months was 265.04 billion yuan, representing a year-on-year growth of 11.2%, accounting for 21.2% of the total industry revenue [1] - Basic software product revenue was 15.83 billion yuan, with a year-on-year increase of 12.0% [1] - Industrial software product revenue reached 26.19 billion yuan, showing a year-on-year growth of 9.9% [1] Information Technology Services - Revenue from information technology services maintained double-digit growth, totaling 860.53 billion yuan, with a year-on-year increase of 14.4% [1] - Cloud computing and big data services generated 130.78 billion yuan, reflecting a year-on-year growth of 13.4% [1] - Integrated circuit design revenue was 35.91 billion yuan, with a year-on-year increase of 17.2% [1] - E-commerce platform technology service revenue reached 115.76 billion yuan, growing by 12.1% year-on-year [1] Information Security and Embedded Systems - Revenue from information security products and services was 181.0 billion yuan, showing a year-on-year growth of 6.5% [1] - Embedded system software revenue reached 107.36 billion yuan, with a year-on-year increase of 9.7% [1]

Overall Performance - The software and information technology services industry in China showed a positive operational trend in the first ten months of 2025, with software business revenue reaching 1,251.04 billion yuan, a year-on-year increase of 13.2% [1] - The total profit of the software industry was 157.21 billion yuan, reflecting a year-on-year growth of 7.7% [1] - Software business exports amounted to 51.09 billion USD, with a year-on-year increase of 6.7%, maintaining positive growth for eight consecutive months [1] Sector Performance - Software product revenue grew steadily, reaching 265.04 billion yuan, a year-on-year increase of 11.2%, accounting for 21.2% of the total industry revenue [1] - Basic software product revenue was 15.83 billion yuan, up 12.0% year-on-year, while industrial software product revenue was 26.19 billion yuan, increasing by 9.9% [1] - Information technology service revenue maintained double-digit growth at 860.53 billion yuan, a year-on-year increase of 14.4%, representing 68.8% of the total industry revenue [1] - Cloud computing and big data services generated 130.78 billion yuan, growing by 13.4% year-on-year, accounting for 15.2% of information technology service revenue [1] - Integrated circuit design revenue reached 35.91 billion yuan, with a year-on-year growth of 17.2%, and e-commerce platform technology service revenue was 115.76 billion yuan, increasing by 12.1% [1] Regional Performance - Software business revenue in the eastern, central, western, and northeastern regions grew by 13.6%, 12.9%, 10.8%, and 9.1% year-on-year, respectively [3] - The eastern region accounted for 83.5% of the national software business revenue [3] - The Beijing-Tianjin-Hebei region saw a year-on-year growth of 15.0%, while the Yangtze River Delta region grew by 15.1%, with respective national revenue shares of 25.7% and 28.8% [3] - The top five provinces in software business revenue were Beijing, Guangdong, Jiangsu, Shandong, and Shanghai, with year-on-year growth rates of 15.2%, 9.4%, 14.6%, 13.7%, and 20.8% [3]

Core Viewpoint - The information disclosure evaluation results for listed companies in 2024 show a significant decline compared to 2022, with notable companies, including航天宏图, experiencing a drop in their ratings from A to C [1][2]. Group 1: Company Performance -航天宏图's information disclosure rating decreased two levels from A in 2022 to C in 2024 [1][2]. - The company is located in Beijing and was established on January 24, 2008, with its listing date on July 22, 2019 [3]. -航天宏图's main business involves providing basic software products, system design development, and data analysis application services, with revenue composition being 62.01% from system design development, 37.77% from data analysis application services, and 0.22% from proprietary software sales [3][4]. Group 2: Industry Context -航天宏图 belongs to the Shenwan industry classification of Computer - IT Services II - IT Services III, and is associated with concepts such as Beidou Navigation, Baidu Concept, DeepSeek Concept, Artificial Intelligence, and Huawei Ascend [4]. - The 2024 evaluation results indicate that several companies, including航天宏图, have seen their ratings drop significantly, reflecting broader trends in the industry regarding information disclosure practices [2]. Group 3: Management Changes - The current Secretary of the Board for航天宏图 is Wang Yixiang, who assumed the position on November 13, 2023, and has a background in finance with experience in investment management [5].

Overall Performance - The software and information technology services industry in China showed a positive trend in the first three quarters of 2025, with software business revenue reaching 111,126 billion yuan, a year-on-year increase of 13.0% [2] - The total profit of the software industry was 14,352 billion yuan, growing by 8.7% year-on-year [2] - Software business exports amounted to 45.94 billion USD, reflecting a year-on-year growth of 6.6% [2] Sector Performance - Software product revenue grew steadily, reaching 23,854 billion yuan, a year-on-year increase of 10.9%, accounting for 21.5% of the total industry revenue [3] - Information technology service revenue maintained double-digit growth at 76,433 billion yuan, up 14.3% year-on-year, representing 68.8% of the total industry revenue [3] - Cloud computing and big data services generated 11,587 billion yuan, growing by 13.7% year-on-year, making up 15.2% of information technology service revenue [3] - Integrated circuit design revenue was 3,234 billion yuan, with a year-on-year increase of 16.9% [3] - E-commerce platform technology service revenue reached 10,167 billion yuan, growing by 11.1% year-on-year [3] - Information security product and service revenue was 1,627 billion yuan, up 6.9% year-on-year [3] - Embedded system software revenue was 9,212 billion yuan, increasing by 8.7% year-on-year [3] Regional Performance - Software business revenue growth rates for the eastern, central, western, and northeastern regions were 13.3%, 13.0%, 10.7%, and 9.5% respectively [4] - The eastern region accounted for 83.8% of the total software business revenue in the country [4] - The Beijing-Tianjin-Hebei region saw a software business revenue growth of 14.6%, while the Yangtze River Delta region grew by 15.0% [4] - The top five provinces in software business revenue were Beijing, Guangdong, Jiangsu, Shandong, and Shanghai, with year-on-year growth rates of 14.9%, 9.2%, 14.3%, 13.4%, and 20.2% respectively [4]

Overall Performance - The software and information technology services industry in China showed a positive operating trend in the first three quarters of 2025, with software business revenue reaching 111,126 billion yuan, a year-on-year increase of 13.0% [2] - The total profit of the software industry was 14,352 billion yuan, reflecting a year-on-year growth of 8.7% [2] - Software business exports amounted to 45.94 billion USD, with a year-on-year increase of 6.6% [2] Sector Performance - Software product revenue grew steadily, reaching 23,854 billion yuan, a year-on-year increase of 10.9%, accounting for 21.5% of the total industry revenue [2] - Information technology service revenue maintained double-digit growth at 76,433 billion yuan, up 14.3% year-on-year, representing 68.8% of the total industry revenue [2] - Cloud computing and big data services generated 11,587 billion yuan in revenue, growing 13.7% year-on-year, and accounting for 15.2% of information technology service revenue [2] Regional Performance - Software business revenue in the eastern, central, western, and northeastern regions grew by 13.3%, 13.0%, 10.7%, and 9.5% respectively [4] - The eastern region accounted for 83.8% of the national software business total revenue [4] - The Beijing-Tianjin-Hebei region saw a revenue increase of 14.6%, while the Yangtze River Delta region experienced a 15.0% growth [4]

Core Viewpoint - The company, Aerospace Hongtu, is a leading provider of remote sensing and BeiDou navigation satellite application services in China, facing significant challenges in revenue and profitability compared to industry peers [1][2]. Group 1: Company Overview - Aerospace Hongtu was established on January 24, 2008, and listed on the Shanghai Stock Exchange on July 22, 2019, with its registered office in Hebi, Henan Province, and operational office in Beijing [1]. - The company offers core services including basic software products, system design and development, and data analysis application services, benefiting from a full industry chain advantage [1]. Group 2: Financial Performance - For Q3 2025, Aerospace Hongtu reported revenue of 403 million yuan, ranking 76th out of 131 in the industry, significantly lower than the top competitors, Digital China (102.365 billion yuan) and Unisplendour (77.322 billion yuan) [2]. - The company's net profit for the same period was -368 million yuan, placing it 126th in the industry, with the industry leader, Unisplendour, reporting a net profit of 1.723 billion yuan [2]. Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 80.05%, an increase from 64.63% year-on-year, significantly higher than the industry average of 38.93% [3]. - The gross profit margin for Q3 2025 was 24.08%, down from 28.45% year-on-year, and below the industry average of 29.96% [3]. Group 4: Executive Compensation - The chairman, Wang Yuxiang, received a salary of 1.1658 million yuan in 2024, a decrease of 184,700 yuan from 2023 [4]. - The general manager, Liao Tongkui, earned 707,700 yuan in 2024, down 45,700 yuan from the previous year [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 16.08% to 20,400, while the average number of shares held per shareholder decreased by 13.85% to 12,800 shares [5]. - Notable changes in the top ten circulating shareholders included the entry of Changcheng Jiujia Innovation Growth Mixed A as the eighth largest shareholder [5]. Group 6: Future Outlook - East Wu Securities forecasts a revenue decline of 13.39% to 1.575 billion yuan in 2024, with a net loss of 1.393 billion yuan, an increase in losses by 272.23% year-on-year [6]. - The company is focusing on upgrading its industrial development model and enhancing core product competitiveness, with plans to complete a network of 12 radar remote sensing satellites by December 2024 [6].

Overall Performance - The software and information technology services industry in China showed a positive operational trend in the first three quarters of 2025, with software business revenue reaching 1,111.26 billion yuan, a year-on-year increase of 13.0% [1] - The total profit of the software industry was 143.52 billion yuan, reflecting a year-on-year growth of 8.7% [1] - Software business exports amounted to 45.94 billion USD, marking a year-on-year increase of 6.6% [1] Sector Performance - Software product revenue grew steadily, reaching 238.54 billion yuan, a year-on-year increase of 10.9%, accounting for 21.5% of the total industry revenue [1] - Revenue from information technology services maintained double-digit growth at 764.33 billion yuan, up 14.3% year-on-year, representing 68.8% of the total industry revenue [1] - Cloud computing and big data services generated 115.87 billion yuan, with a year-on-year growth of 13.7%, making up 15.2% of information technology service revenue [1] - Integrated circuit design revenue was 32.34 billion yuan, increasing by 16.9% year-on-year [1] - E-commerce platform technology service revenue reached 101.67 billion yuan, growing by 11.1% year-on-year [1] Regional Performance - Software business revenue in the eastern, central, western, and northeastern regions grew by 13.3%, 13.0%, 10.7%, and 9.5% respectively [3] - The eastern region accounted for 83.8% of the total software business revenue in the country [3] - The Beijing-Tianjin-Hebei region saw a software business revenue growth of 14.6%, while the Yangtze River Delta region experienced a 15.0% increase [3] - The top five provinces in software business revenue were Beijing, Guangdong, Jiangsu, Shandong, and Shanghai, with year-on-year growth rates of 14.9%, 9.2%, 14.3%, 13.4%, and 20.2% respectively [3]