Core Insights - The company reported a total revenue of 347 million yuan for 2024, marking a year-on-year increase of 91.98%, but still recorded a net loss of 37 million yuan [1] - The main business segments include military and civilian products, with military operations dominating, accounting for 85.45% of total revenue [1] Military Business - The military segment includes three main areas: integrated communication, ship communication, and information security, with significant technological advantages in domestic autonomous controllable technology [4] - Despite the notable revenue growth in military operations, profitability remains low, indicating high investment in R&D and market expansion without effective conversion to profit [4] - The information security sector faces intense competition and low gross margins, further compressing profit margins [4] Civilian Products - The civilian segment focuses on AI technology and includes products like distributed audio-video control systems, Bangyan Cloud PC, and AIAgent [5] - The Bangyan Cloud PC system offers high-performance and secure computing solutions across various industries, while AIAgent aims to automate tasks through intelligent assistants [5] - Market acceptance and promotional efforts for these products are still uncertain, with limited contributions to revenue in the short term [6] R&D Investment - The company invested 32.77 million yuan in R&D, representing 15.10% of total revenue, with 156 R&D personnel making up 38.42% of the workforce [7] - High R&D expenditures support technological innovation but exert pressure on profitability, particularly in the military sector where operational costs remain high [7] - Efforts to optimize business structure and increase civilian product investments have yet to yield significant improvements in profitability [7]

邦彦技术股份有限公司 第三届董事会第二十五次会议决议公告 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。 一、董事会会议召开情况 证券代码：688132 证券简称：邦彦技术 公告编号：2025-014 邦彦技术股份有限公司(以下简称"公司")第三届董事会第二十五次会议于 2025 年 4 月 8 日采用现场结合通讯的方式召开。本次会议通知及相关材料已于 2025 年 3 月 29 日以邮件等通讯方式送达公司全体董事。会议应出席董事 7 人， 实际出席董事 7 人，会议由董事长祝国胜主持，本次会议的召开符合有关法律、 法规和《公司章程》的规定，会议决议合法、有效。 二、董事会会议审议情况 经全体董事表决，形成决议如下： （一）审议通过《关于公司 2024 年年度报告及其摘要的议案》 表决结果：同意 7 票，反对 0 票，弃权 0 票，回避 0 票。 本议案已经公司第三届董事会审计委员会 2025 年第二次会议审议通过；该 议案尚需提交公司 2024 年年度股东大会审议。 具体内容详见公司同日披露于上海证券交易所网站(www.ss ...

Financial Performance - Bangyan Technology reported a revenue of RMB 1.2 billion for the fiscal year 2024, representing a year-over-year growth of 15%[18]. - The company has achieved a user base growth of 20%, reaching a total of 500,000 active users by the end of 2024[18]. - Bangyan Technology anticipates a revenue guidance of RMB 1.5 billion for the next fiscal year, indicating a projected growth of 25%[18]. - The company reported a gross margin of 40% for the fiscal year 2024, an increase from 35% in the previous year[18]. - The company's operating revenue for 2024 reached ¥346.88 million, representing a 91.98% increase compared to ¥180.69 million in 2023[24]. - The net profit attributable to shareholders was a loss of ¥36.61 million in 2024, an improvement from a loss of ¥52.25 million in 2023, marking a 30.00% reduction in losses[24]. - The company reported a significant increase in investment cash flow, with a net inflow of CNY 42,735,007.62, compared to a net outflow of CNY 398,099,185.04 in the previous year[146]. - The company achieved operating revenue of CNY 346,880,645.67, representing a year-on-year increase of 91.98%[146]. - The net cash flow from operating activities decreased by 55.05% to CNY 42,514,426.38 compared to the previous year[146]. - The company reported a total revenue of 37,369,195, with a decrease of 82,000 compared to the previous period[192]. Research and Development - The company is investing RMB 200 million in R&D for new product development, focusing on AI and cloud computing technologies[18]. - Research and development expenses amounted to ¥72.39 million, accounting for 20.87% of total revenue, a decrease of 29.12 percentage points from the previous year[27]. - The company invested CNY 72.39 million in R&D, accounting for 20.87% of sales revenue[110]. - The company has added 21 new authorized patents during the reporting period, including 10 invention patents[110]. - The company has developed advanced technologies such as low-latency HD video transmission and optimized audio processing algorithms, enhancing user experience[115]. - The company is focusing on AI technology innovation, launching the AI Agent product line based on large model technology, enhancing capabilities in information communication and security, and establishing a foundation for new business opportunities[70]. Strategic Planning and Market Expansion - The company is currently in a phase of strategic planning and risk assessment for future operations[6]. - Bangyan Technology plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[18]. - The company is expanding into civilian products, including the Bangyan Cloud PC product line, which offers a new generation of desktop cloud solutions with high security and flexibility[59]. - The company is enhancing its AI Agent technology, including emotional computing and natural language understanding, targeting sectors like finance and healthcare for scalable applications[181]. - The company is actively pursuing opportunities for mergers and acquisitions to enhance its competitive position[192]. - The company plans to enhance investment in AI technology, focusing on its integration in information communication and security[179]. Risks and Challenges - The company reported a significant reliance on military business, which contributed to revenue volatility due to factors such as user demand and procurement plans[3]. - The company is subject to various risks that may lead to project delays, cancellations, or significant changes in demand, impacting seasonal profit fluctuations[3]. - The company faces risks related to significant revenue fluctuations due to dependency on military contracts and external factors[133]. - The company may face operational difficulties if production and delivery occur before contract signing, leading to potential unsold inventory[140]. - The company faces risks of declining gross margins due to increased competition and rising costs of raw materials[139]. Corporate Governance and Compliance - The audit report issued by Lixin Certified Public Accountants confirmed the financial statements' accuracy and completeness[4]. - The board of directors and management have ensured the authenticity and completeness of the annual report[3]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. - There are no violations of decision-making procedures regarding external guarantees[8]. - The company has not disclosed any special arrangements in corporate governance for the reporting period[8]. User Engagement and Marketing - User engagement metrics have improved, with a 30% increase in user retention rates compared to the previous year[196]. - The company plans to enhance its digital marketing efforts, allocating an additional $10 million to increase brand visibility and customer acquisition[195]. - The company is focusing on optimizing its organizational structure to enhance collaboration and efficiency in a globalized operational system[180]. Financial Health and Cash Flow Management - The company has reported a significant decline in government subsidies, which impacted overall revenue and profit margins[28]. - The net cash flow from operating activities decreased by 55.05% to ¥42.51 million, primarily due to a reduction in government subsidies received[28]. - The company has a credit impairment loss of 60.08 million yuan for accounts receivable, reflecting potential risks in cash flow management[138]. - The company reported a significant reduction in inventory and short-term borrowings, indicating improved cash flow management[170][171]. Product Development and Innovation - The company is launching a new cloud PC solution, expected to generate an additional RMB 100 million in revenue within the first year of launch[18]. - The Cloud PC product line aims to provide a new generation of commercial office PC solutions, enhancing user experience while ensuring security and efficiency[40]. - The company is developing its second-generation storage-computing separation product, aiming to improve security and performance for enterprise-level market needs[181]. - The company has developed a complete product system based on "cloud-network-end" architecture, covering three core military business segments: integrated communication, ship communication, and information security[53]. Leadership and Management - The company has maintained a stable board of directors with no changes in shareholding for key executives during the reporting period[191]. - The company has appointed several key executives to strengthen its management team and support future growth[192]. - The company has appointed a new Chief Financial Officer and Secretary of the Board since November 2023[194].

证券代码：688132 证券简称：邦彦技术 公告编号： 2025-018 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。 邦彦技术股份有限公司（以下简称"公司"）于2025年4月8日召开了第三届 董事会第二十五次会议和第三届监事会第二十三次会议，审议通过了《关于注 销2023年股票期权激励计划部分股票期权的议案》，现将有关情况公告如下： 一、已履行的相关审批程序和信息披露情况 （一）2023年5月8日，公司召开第三届董事会第十一次会议，审议通过了 《关于公司<2023年股票期权激励计划（草案）>及其摘要的议案》《关于公司 <2023年股票期权激励计划实施考核管理办法>的议案》《关于提请股东大会授 权董事会办理2023年股票期权激励计划相关事宜的议案》，公司独立董事就本 次激励计划相关事项发表了同意的独立意见，律师出具了相应的法律意见书。 同日，公司召开第三届监事会第九次会议，审议通过了《关于公司<2023年 股票期权激励计划（草案）>及其摘要的议案》《关于公司<2023年股票期权激 励计划实施考核管理办法>的议案》《关于核实公 ...

邦彦技术股份有限公司 内部控制审计报告 信会师报字[2025]第 ZA90375 号 邦彦技术股份有限公司 内部控制审计报告 内 部 控 制 审 计 报 告 信会师报字[2025]第 ZA90375 号 邦彦技术股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相 关要求，我们审计了邦彦技术股份有限公司（以下简称"邦彦技术"） 2024 年 12 月 31 日的财务报告内部控制的有效性。 一、 企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企 业内部控制评价指引》的规定，建立健全和有效实施内部控制，并评 价其有效性是邦彦技术董事会的责任。 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | | 二、 事务所执业资质证明 二、 注册会计师的责任 我们的责任是在实施审计工作的基础上，对邦彦技术财务报告内 部控制的有效性发表审计意见，并对注意到的非财务报告内部控制的 重大缺陷进行披露。 三、 内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。 此外，由于情况的变化可能导致内部控制变得不恰当，或对 ...

邦彦技术股份有限公司 审计报告及财务报表 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-5 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1-92 | 邦彦技术股份有限公司 审计报告及财务报表 二 O 二四年度 信会师报字[2025]第 ZA90374 号 三、 事务所及注册会计师执业资质证明 审 计 报 告 信会师报字[2025]第 ZA90374 号 邦彦技术股份有限公司全体股东： 一、 审计意见 我们审计了邦彦技术股份有限公司（以下简称邦彦技术）财务报 表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所 有者权益变动表以及相关财务报表 ...

一、日常关联交易基本情况 (一)日常关联交易履行的审议程序 2025年4月8日,公司第三届董事会第二十五次会议审议通过了《关于预 计 2025 年度日常关联交易的议案》,关联董事祝国胜、祝国强、胡霞回避表决, 表决结果:4 票同意,0 票反对,0 票弃权。 2025年4月8日,公司第三届监事会第二十三次会议审议通过了《关于预 计 2025年度目常关联交易的议案》,关联监事许巧丰回避表决,表决结果:2 票 同意,0 票反对,0 票弃权。 公司独立董事专门会议审议并通过了《关于预计 2025年度日常关联交易的 议案》,一致认为公司预计 2025年度发生的日常关联交易均系基于公司日常经营 和业务发展需要而开展,具有商业必要性和合理性,并遵循公开、公平、公正的 定价原则,不存在通过关联交易向关联方输送利益的情形,也不存在影响公司独 立性或者显失公允的情形。该等关联交易不会对公司的财务状况和经营成果产生 重大不利影响，也不会损害公司及全体股东特别是中小股东的合法权益。 本日常关联交易预计事项无需提交股东大会审议。 (二) 2025 年度日常关联交易预计金额和类别 国信证券股份有限公司关于邦彦技术股份有限公司 2025年 ...

国信证券股份有限公司 关于邦彦技术股份有限公司使用部分暂时闲置募集资金进行现 金管理的核查意见 国信证券股份有限公司(以下简称"国信证券"或"保荐机构")作为邦彦技 术股份有限公司(以下简称"邦彦技术"或"公司")首次公开发行股票并在科创 板上市的持续督导保荐机构,根据《证券发行上市保荐业务管理办法》《上市公 司监管指引第2号 -- 上市公司募集资金管理和使用的监管要求》《上海证券交易 所科创板股票上市规则》《上海证券交易所科创板上市公司自律监管指引第1号— 一规范运作》等相关规定的要求,对公司拟使用部分暂时闲置募集资金进行现金 管理的事项进行了审慎核查,核查情况如下: 一、募集资金基本情况 经中国证券监督管理委员会(以下简称"中国证监会")《关于同意邦彦技术 股份有限公司首次公开发行股票注册的批复》(证监许可(2022)1787号)同意, 并经上海证券交易所同意,公司首次公开发行人民币普通股(A股)3,805.6301万 股,募集资金总额为人民币109,906.60万元,扣除发行费用人民币12,484.63万元, 募集资金净额为人民币97,421.97万元。本次募集资金已于2022年9月20日全部到 位,立 ...

国信证券股份有限公司 三、本次使用部分闲置募集资金暂时补充流动资金的计划 根据公司募集资金投资项目的资金使用计划及项目的建设进度,公司在确保 不影响募集资金投资项目建设进度,不改变募集资金用途,不影响募集资金投资 计划正常进行的前提下,为了提高募集资金使用效率、降低公司财务成本、解决 公司运营发展的资金需求,公司拟使用不超过人民币5,000.00万元闲置募集资金 暂时补充流动资金,使用期限自公司董事会审议通过之日起不超过12个月，并且 公司将随时根据募投项目的进展及需求情况及时归还至募集资金专用账户。 本次使用部分闲置募集资金暂时补充流动资金仅用于公司的业务拓展、日常 经营等与主营业务相关的生产经营使用,不会通过直接或间接的安排用于新股配 售、申购,或用于股票及其衍生产品种、可转债等交易,不会变相改变募集资金 用途,也不会影响募集资金投资计划的正常进行。 关于邦彦技术股份有限公司使用部分闲置募集资金暂时补充流 动资金的核查意见 国信证券股份有限公司(以下简称"国信证券"或"保荐机构")作为邦彦 技术股份有限公司(以下简称"邦彦技术"或"公司")首次公开发行股票并在 科创板上市的持续督导保荐机构,根据《证券发行 ...

国信证券股份有限公司 关于邦彦技术股份有限公司使用自有资金垫付募投项目所需资 金并以募集资金等额置换的核查意见 国信证券股份有限公司(以下简称"国信证券"或"保荐机构")作为邦彦 技术股份有限公司(以下简称"邦彦技术"或"公司")首次公开发行股票并在 科创板上市的持续督导保荐机构,根据《证券发行上市保荐业务管理办法》《上 海证券交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律监管 指引第 1 号 -- 规范运作》等有关规定,对公司使用自有资金垫付募投项目所 需资金并以募集资金等额置换的事项进行了核查,核查情况如下: 一、募集资金基本情况 经中国证券监督管理委员会(以下简称"中国证监会")《关于同意邦彦技术 股份有限公司首次公开发行股票注册的批复》(证监许可〔2022〕1787号)同意, 并经上海证券交易所同意,公司首次公开发行人民币普通股(A股)3,805.6301万 股,募集资金总额为人民币109,906.60万元,扣除发行费用人民币12,484.63万元, 募集资金净额为人民币97,421.97万元。本次募集资金已于2022年9月20日全部到 位,立信会计师事务所(特殊普通合伙)于2022年9 ...