中国软件：计算机辅助设计（CAD）、建筑信息模型（BIM）核心产品 2025 年升级与成本控制；广联达、中望软件，yjk 第四季度表现依然疲软

7 March 2025 | 9:57AM HKT China Software: CAD/ BIM: Core products upgrade and cost control in 2025; Glodon/ ZWSOFT/ YJK 4Q remained weak We review 4Q24 performance for China CAD/ BIM software (Glodon/ ZWSOFT/ YJK) and see soft client IT spending continuing to affect 4Q24 results: revenue growth at -9% to +3% YoY in 4Q24, and weak profitability due to muted top-line growth and one-off expenses from headcount reduction and impairment loss. Looking into 2025, we expect CAD/ BIM suppliers to focus on core produ ...