Revenue and Profit Forecast - The company expects 2024 annual revenue to be between 310 million and 330 million yuan, representing a year-on-year increase of 6.59% to 13.47%[2]. - The projected net profit attributable to the parent company for 2024 is estimated to be between 20 million and 27.5 million yuan, a decrease of 1,500.86 million to 2,250.86 million yuan, or a decline of 35.31% to 52.95% compared to the previous year[2]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between 10.7 million and 18.2 million yuan, down 1,635.92 million to 2,385.92 million yuan, or a decrease of 47.34% to 69.04% year-on-year[2]. - In 2023, the company's revenue was 290.83 million yuan, with a net profit of 42.51 million yuan and a net profit after deducting non-recurring gains and losses of 34.56 million yuan[3]. R&D and Operational Expenses - The company has increased R&D investment in new areas such as cyberspace mapping products and satellite internet security products, leading to higher R&D expenses[4]. - The company has also expanded its workforce in sales and business development, resulting in increased sales expenses during the reporting period[4]. - The lengthening of customer settlement and payment cycles has led to a significant increase in bad debt provisions, impacting current profit levels[4]. Audit and Investment Risks - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by a registered accountant[5]. - The company has communicated with its auditing firm regarding the performance forecast and found no discrepancies[5]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[6].

证券代码：688651 证券简称：盛邦安全 公告编号：2025-001 重要内容提示： 截至 2024 年 12 月 31 日，远江盛邦（北京）网络安全科技股份有限公司（以 下简称"公司"）通过上海证券交易所系统以集中竞价交易方式已累计回购 公司股份 586,326 股，占公司总股本 75,399,000 股的比例为 0.7776%，回购 成交的最高价为 31.90 元/股，最低价为 25.58 元/股，已支付的资金总额为 人民币 17,809,509.69 元（不含印花税、交易佣金等交易费用）。 远江盛邦（北京）网络安全科技股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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。 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律 监管指引第 7 号——回购股份》等相关规定及公司回购股份方案，在回购期限内 根据市场情况择机做出回购决策并予以实施，同时将根据回购股份事项的进展情 况，及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 2024-0 ...

国泰君安证券股份有限公司 关于远江盛邦(北京)网络安全科技股份有限公司 (一)保荐机构 国泰君安证券股份有限公司 (二)保荐代表人 张扬文、董冰冰 (三)现场检查时间 2024 年度持续督导工作现场检查报告 国泰君安证券股份有限公司(以下简称"国泰君安"或"保荐机构")作为远江 盛邦(北京)网络安全科技股份有限公司(以下简称"盛邦安全"或"公司")首次 公开发行股票并在科创板上市的保荐机构及持续督导机构,根据《上海证券交易 所科创板股票上市规则》等相关规定,对公司 2024年1月1日至本次现场检查 期间(以下简称"本持续督导期间"）的规范运作情况进行了现场检查,现就现场 检查的有关情况报告如下: 一、本次现场检查的基本情况 2024年12月16日至2024年12月18日 (四) 现场检查人员 张扬文、董冰冰 (五) 现场检查内容 公司治理和内部控制情况、信息披露情况、公司的独立性以及与控股股东、 实际控制人及其他关联方资金往来情况、募集资金使用情况、关联交易、对外担 保、重大对外投资、公司经营情况以及承诺履行情况等。 (六) 现场检查手段 1、查看公司主要生产经营场所; 2、与公司董事、监事、高级管理人员及相 ...

Investment Rating - The report upgrades the investment rating of the company to "Buy" [31] Core Insights - The company is positioned as a small giant in the cybersecurity sector, focusing on vulnerability scanning and Web Application Firewall (WAF) products, with a strategic expansion into satellite internet security and network space mapping [61][73] - The company has a stable shareholding structure, with the founder holding approximately 35% of the shares, which is expected to maintain the company's operational strength [63] - The company has seen significant revenue growth, with projected revenues of 356.1 million yuan in 2024, 500.2 million yuan in 2025, and 727 million yuan in 2026, reflecting a compound annual growth rate (CAGR) of 28.48% from 2019 to 2023 [55][79] Summary by Sections 1. Company Overview - The company was founded in 2010 and has developed core products such as WAF and vulnerability scanning systems, focusing on critical information infrastructure needs since 2015 [61] - The company launched a network space map product in 2022 and is strategically expanding into satellite internet security [61] 2. Market Position - In the Chinese web application firewall market, the company holds a 5.9% market share, ranking fifth, while in the vulnerability scanning market, it ranks third with a 7.8% market share [6][8] 3. Product Strengths - The company's products are characterized by practical capabilities rather than mere compliance, with a strong technical background among its executives [11] - The RayOS platform allows for modular and cost-effective development, enhancing the company's ability to respond to market demands [11] 4. Future Growth Opportunities - The company aims to expand its overseas market presence, particularly in the Middle East and countries along the Belt and Road Initiative, by leveraging its partnership with Huawei [12] - The satellite internet security market is projected to be a significant growth area, with an estimated market size of 15.1 billion yuan by 2030 [32] 5. Financial Projections - The company expects to achieve revenues of 3.56 billion yuan in 2024, 5.00 billion yuan in 2025, and 7.27 billion yuan in 2026, with corresponding net profits of 0.55 billion yuan, 0.86 billion yuan, and 1.31 billion yuan [33][55]

证券代码：688651 证券简称：盛邦安全 公告编号：2024-063 远江盛邦（北京）网络安全科技股份有限公司 2024 年员工持股计划第一次持有人会议决议公告 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、准确性和完整性依法承担法律责任。 远江盛邦（北京）网络安全科技股份有限公司（以下简称"公司"）2024 年员工持股计划第一次持有人会议于 2024 年 12 月 6 日以现场结合通讯表 决的方式召开。本次会议由公司董事会秘书袁先登先生召集和主持，出席 本次会议的持有人 20 人，代表公司 2024 年员工持股计划份额 1,077.75 万 份，占公司 2024 年员工持股计划总份额的 100%。会议的召集、召开和表 决程序符合公司 2024 年员工持股计划的有关规定。会议以记名投票表决方 式，审议通过了以下议案： （一）审议通过了《关于设立公司 2024 年员工持股计划管理委员会的 议案》 为保证公司 2024 年员工持股计划的顺利进行，保障持有人的合法权益，根 据公司《2024 年员工持股计划》及《2024 年员工持股计划管理办法》等相关规 定， ...

本持股计划实际参与员工共计 20 人，最终买入股票数量为 45.00 万股，对 应份额为 1,077.75 万份，对应资金总额为 1,077.75 万元，股票来源为公司回购专 用证券账户持有的公司 A 股普通股股票。 2024 年 12 月 6 日，公司收到中国证券登记结算有限责任公司出具的《证券 过户登记确认书》，确认"远江盛邦（北京）网络安全科技股份有限公司回购专 用证券账户"（账户号码：B886379286）所持有的 45.00 万股公司股票已于 2024 年 12 月 5 日非交易过户至"远江盛邦（北京）网络安全科技股份有限公司－2024 年员工持股计划"（账户号码：B886833620）。截至本公告披露日，公司本持股 计划持有的公司股份数量为 45.00 万股，占公司目前总股本的比例为 0.60%。 根据公司《2024 年员工持股计划》的相关规定，本持股计划的存续期为 48 个月，自公司公告最后一笔标的股票过户至本持股计划名下之日起算。本持股计 划所获标的股票分三期解锁，解锁时点分别为自公司公告标的股票过户至本持股 计划名下之日起满 12 个月、24 个月、36 个月，每期解锁的标的股票比例分别为 ...

Group 1: Company Overview and Market Position - The company, Shengbang Security, is actively involved in the satellite internet security sector, having initiated technology research and patent applications as early as 2021 [3]. - In May 2024, the company acquired Tianyu Cloud Security, which was consolidated into its financial statements in July 2024 [3]. - The domestic satellite internet market is experiencing rapid growth, with increasing demands for communication security due to the complexity of satellite networking [3]. Group 2: Product Development and Innovation - Shengbang Security is developing tailored products and services for various applications, including vehicle-mounted, airborne, and maritime scenarios [4]. - The company is focusing on enhancing its satellite internet security solutions, which include satellite communication vulnerability scanning and secure communication systems [7]. - Continuous investment in product research and development is aimed at upgrading core network security products and expanding the marketing system in key regions [5]. Group 3: Future Growth Strategies - The company plans to strengthen its market presence in both domestic and international markets, particularly in countries along the Belt and Road Initiative [6]. - Future growth will be driven by the development of new products and the enhancement of existing ones, with a focus on network security and satellite internet solutions [6]. - The government’s increasing emphasis on cybersecurity is expected to create a favorable environment for the industry’s growth [5]. Group 4: Financial Performance and Projections - The company anticipates a gradual reduction in expense growth in the second half of the year, contributing to profit increases [5]. - The integration of network identity and satellite internet security services is expected to be a significant driver of revenue growth [5]. - The company has established a comprehensive data asset management system, which is projected to provide new growth momentum through data monetization [7].

一、 回购股份的基本信息 公司分别于 2024 年 2 月 6 日、2024 年 2 月 22 日召开第三届董事会第十五 次会议、2024 年第二次临时股东大会，均审议通过了《关于以集中竞价交易方式 回购公司股份方案的议案》，同意公司以超募资金及自有资金通过上海证券交易 所系统以集中竞价交易的方式进行股份回购，回购股份将用于公司员工持股计划 或股权激励，回购价格不超过人民币 50 元/股（含），回购资金总额不低于人民 币 1,500 万元（含），不超过人民币 3,000 万元（含），回购期限自董事会审议通 过本次股份回购方案之日起不超过 12 个月。实际回购股份起始之日为自股东 大会审议通过此议案之日，终止之日与前述日期相同。具体内容详见公司于 2024 年 2 月 7 日、2024 年 2 月 23 日、2024 年 2 月 24 日在上海证券交易所网站 （www.sse.com.cn）披露的《关于以集中竞价交易方式回购公司股份方案的公告》 （公告编号：2024-011）、《2024 年第二次临时股东大会决议公告》（公告编号： 证券代码：688651 证券简称：盛邦安全 公告编号：2024-061 远江盛邦 ...

Group 1: Data Resource Strategy - The company has established various databases, including vulnerability databases and protection rule libraries, to support its security operations [3] - The company offers subscription services for data resources, which include network asset databases and threat detection capabilities [3] - A multi-source data fusion platform is in place to resolve conflicts in data and provide accurate assessments for users [4] Group 2: Satellite Internet Security Business - In 2024, the company will upgrade its strategy to focus on satellite internet security, leveraging its experience in network and satellite communication security [4] - The company has developed solutions for various applications, including airborne, maritime, and vehicle-mounted systems, providing comprehensive security solutions [4] - The company is exploring applications of satellite internet security in sectors such as IoT, low-altitude economy, and emergency rescue [4] Group 3: Performance Growth Points - The company aims to expand its overseas market presence, which is expected to be a significant growth driver [5] - The satellite internet business is anticipated to grow as the industry develops, with increasing market opportunities for related products [5] - The company’s network space map product is expected to gradually release additional growth potential [5] Group 4: R&D Advantages - The company prioritizes R&D innovation, maintaining a high level of responsiveness to market changes and user needs [6] - It has established three R&D centers, with nearly 40% of its workforce dedicated to R&D [7] - The company has participated in the formulation of 12 national standards and holds nearly 50 invention patents, showcasing its strong innovation capabilities [7]

Group 1: Company Overview and Market Position - The network security industry is maturing and consolidating, leading to a competitive landscape characterized by complementary advantages and collaborative development [4] - The company has established a comprehensive product system focusing on network security fundamentals, business scenario security, cyberspace mapping, and satellite internet security [4] - The company’s traditional strengths lie in network security fundamentals and business scenario security, with leading market positions in multiple products widely applied in sectors such as power, finance, education, and healthcare [4] Group 2: Financial Performance and Growth Drivers - The primary reason for the company's third-quarter performance growth is the effectiveness of talent upgrade strategies in R&D and sales, which began to show results in Q3 [5] - Government emphasis on network security has increased, leading to supportive policies that enhance the industry environment [5] - The market concentration in the network security industry is rising, with significant head effects, contributing to increased orders for technical capability output [5] Group 3: Future Business Directions - Satellite internet is viewed as a revolutionary technology that integrates satellite communication with internet technology, forming a new network system [6] - In 2024, the company will strategically upgrade to focus on satellite internet security, offering comprehensive solutions including vulnerability detection and encryption [6] - The company is exploring applications of satellite internet security in various fields such as IoT, low-altitude economy, maritime affairs, emergency rescue, and smart agriculture [7] Group 4: Integration of Technologies - The company is building an integrated network security protection system that combines scenario-based security, cyberspace mapping, and satellite internet security [7] - Cyberspace mapping technology is used to acquire and map virtual and physical resources, linking cyberspace with geographic space [7] - The company focuses on key business directions such as satellite internet mapping, communication encryption, and vulnerability analysis to provide customized security services [8]