Meeting Overview - The shareholders' meeting of China Communications Design Group Co., Ltd. was held on June 26, 2025, in Beijing [1] - The attendance rate of shareholders was 73.7042% [1] Voting Results - All proposed resolutions were passed with significant majority votes, with the highest approval rate being 99.6046% for one of the resolutions [2] - The voting results for various resolutions showed consistent support, with most resolutions receiving over 99% approval from A-share shareholders [2][3] Legal Compliance - The meeting and voting procedures complied with the Company Law of the People's Republic of China and the company's articles of association, ensuring the validity of the voting results [4]

北京市嘉源律师事务所 关于中交设计咨询集团股份有限公司 2024 年年度股东大会的法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国 · 北京 嘉源律师事务所 JIA YUAN LAW OFFICES 北京 BEIJING · 上海 SHANGHAI·深圳 SHENZHEN·香港 HONGKONG·广州 GUANGZHOU·西安 XI AN 致:中交设计咨询集团股份有限公司 北京市嘉源律师事务所 关于中交设计各询集团股份有限公司 一、本次股东大会的召集与召开程序 1、本次股东大会的召集人为公司董事会。2025年5月30日,公司第十届 董事会第十五次会议决议召开公司 2024年年度股东大会。 2、公司于2025年5月31日在《中国证券报》《上海证券报》及上海证券 交易所网站(www.sse.com.cn)公告了《中交设计咨询集团股份有限公司关于召 开 2024 年年度股东大会的通知》(以下简称"会议通知")。会议通知载明了会 议的日期、地点、会议表决方式、股东大会投票注意事项、出席会议对象及会议 的登记办法、联系人等。 2024年年度股东大会的法律危见书 嘉源(2025)-04-466 北京市嘉源 ...

证券代码：600720 证券简称：中交设计 公告编号：2025-029 中交设计咨询集团股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 况： | 1、出席会议的股东和代理人人数 | 760 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,691,214,444 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 73.7042 | （四）表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况 等。 本次会议是否有否决议案：无 一、会议召开和出席情况 （一）股东大会召开的时间：2025 年 6 月 26 日 （二）股东大会召开的地点：北京市朝阳区安定路 5 号恒毅大厦 5 楼会议室 （三）出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情 会议由公司董事会召集，公司董事长崔玉萍女士主持。会议的召开符合《公 司法》和《公司章程》的有关规定。 （五）公司董事、监事和董事 ...

Group 1 - The core viewpoint of the articles highlights the performance and valuation of China Communications Design Group Co., Ltd. (中交设计), noting its current stock price, market capitalization, and comparison with industry averages [1][2] - As of June 24, the company's stock closed at 7.74 yuan, with a rolling price-to-earnings (PE) ratio of 10.13 times, and a total market value of 17.76 billion yuan [1] - The engineering consulting services industry has an average PE ratio of 57.65 times, with a median of 40.39 times, positioning China Communications Design at 19th place within the industry [1] Group 2 - The company reported a revenue of 1.674 billion yuan for the first quarter of 2025, reflecting a year-on-year decrease of 21.77%, while net profit was 93.93 million yuan, showing a year-on-year increase of 1.91% [1] - The gross profit margin for the company stands at 14.83% [1] - As of the first quarter of 2025, seven institutions held shares in the company, with a total holding of 318.77 million shares valued at 2.703 billion yuan [1] Group 3 - The company specializes in engineering technology and design services, with key products including surveying and design, general contracting, project management, engineering testing, and supervision [1] - The company has received over 40 technology-related awards, including three at the provincial level or above, and holds nearly 200 authorized invention patents, including two international patents [1] - The company has established a closed loop of "technical breakthroughs - standard formulation - industrial landing," reinforcing its foundation for high-quality development [1]

Core Viewpoint - The company is preparing for its 2024 Annual General Meeting (AGM) scheduled for June 26, 2025, where various proposals will be presented for shareholder approval, including financial reports and governance matters [1][2]. Meeting Details - The AGM will be held at the company's office in Beijing, with both on-site and online voting options available for shareholders [2][3]. - The meeting will include a total of 15 proposals, with specific voting rules for related party transactions and special resolutions [5][6]. Financial Performance - The company reported a revenue of 1,243.38 million yuan in 2024, a decrease of 7.98% compared to the previous year [8]. - The total profit for 2024 was 208.90 million yuan, showing a slight decrease of 0.56% year-on-year [8]. - The net profit attributable to shareholders was 175.10 million yuan, down 36.85% from the previous year [9]. Financial Position - As of the end of 2024, the company's total assets amounted to 30.743 billion yuan, a 68% increase from 2023 [9]. - The total liabilities were 15.382 billion yuan, reflecting a 4.68% increase from the previous year [9]. - The company's equity totaled 15.361 billion yuan, with a debt-to-equity ratio of 50.04%, down from 53.39% at the beginning of the year [9]. Cash Flow Analysis - The net cash flow from operating activities was reported at 0.11 billion yuan, a significant decrease of 3.17 billion yuan compared to 2023 [10]. - The net cash flow from investing activities improved to 0.875 billion yuan, an increase of 9.87 billion yuan year-on-year [10]. - The net cash flow from financing activities was 0.622 billion yuan, a substantial increase of 27.04 billion yuan compared to the previous year [10]. Dividend Proposal - The company plans to distribute a cash dividend of 0.2290 yuan per share, totaling approximately 525.46 million yuan, which represents 30% of the net profit attributable to ordinary shareholders for 2024 [11][27]. Governance Changes - A proposal to cancel the supervisory board and amend the company's articles of association will be presented at the AGM [12][18]. - The company will also seek approval for changes to the independent director's working rules and the related party transaction management measures [19][14]. Future Outlook - The company aims to maintain stable profit levels in 2025, with a focus on enhancing corporate governance and investor relations [14][28]. - Plans include improving ESG governance and increasing market influence through better compliance and communication with investors [28][29].

Group 1 - The company will hold the 2024 Annual General Meeting on June 26, 2025, at 14:00, using a combination of on-site and online voting methods [1][2] - The company aims to enhance service for small and medium investors by utilizing the Shanghai Stock Exchange Information Network Co., Ltd. to provide a shareholder meeting reminder service [2] - Shareholders will receive proactive notifications about the meeting and voting options through smart SMS, and they can vote directly following the provided instructions [2]

中交设计咨询集团股份有限公司 （股票代码：600720） 2024 年年度股东大会会议资料 二〇二五年六月 中交设计咨询集团股份有限公司 2024 年年度股东大会资料 目 录 | 中交设计 | 2024 | 年年度股东大会会议议程 1 | | | --- | --- | --- | --- | | 中交设计 | 2024 | 年年度股东大会会议须知 | 3 | | 议案 | 1 | 关于审议公司《董事会 2024 年度工作报告》的议案 | 5 | | 议案 | 2 | 关于审议公司《监事会 2024 年度工作报告》的议案 | 6 | | 议案 | 3 | 关于审议公司《独立董事 2024 年度述职报告》的议案 | 7 | | 议案 | 4 | 关于审议公司《2024 年年度报告及摘要》的议案 | 8 | | 议案 | 5 | 关于审议公司 2024 年度财务决算报告的议案 | 9 | | 议案 | 6 | 关于审议公司 2024 年度利润分配及股息派发方案的议案 | 12 | | 议案 | 7 | 关于审议公司 2024 年度计提信用减值准备和资产减值准备的议案 13 | | | 议案 | 8 | 关于审议公 ...

为更好地服务广大中小投资者，确保有投票意愿的中小投资者能够及时参会、 及时投票。公司拟使用上证所信息网络有限公司(以下简称"上证信息")提供的 股东大会提醒服务，委托上证信息通过智能短信等形式，根据股权登记日的股东 名册主动提醒股东参会投票，向每一位投资者主动推送股东大会参会邀请、议案 情 况 等 信 息 。 投 资 者 在 收 到 智 能 短 信 后 ， 可 根 据 使 用 手 册 ( 下 载 链 接 https://vote.sseinfo.com/i/yjt_help.pdf)的提示步骤直接投票，如遇拥堵等情况，仍 可通过原有的交易系统投票平台和互联网投票平台进行投票。 若广大投资者对本次服务有任何意见或建议，可通过邮件、投资者热线等方 式向公司反馈，感谢广大投资者对公司的关注与支持! 特此公告。 中交设计咨询集团股份有限公司董事会 证券代码：600720 证券简称：中交设计 公告编号：2025-028 中交设计咨询集团股份有限公司 关于股东大会开设网络投票提示服务的公告 中交设计咨询集团股份有限公司（简称本公司或公司）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 ...

Investment Rating - The report maintains a "Positive" investment rating for the construction and engineering sector [11]. Core Insights - The report analyzes several mergers and acquisitions (M&A) cases among central state-owned enterprises (SOEs) in the construction sector, highlighting how these companies have integrated quality resources to achieve breakthroughs in business scale and competitiveness [3][25]. - The recent policy changes, including the new "National Nine Articles" and amendments to the asset restructuring management measures, are expected to invigorate the M&A market, providing opportunities for companies facing operational pressures or growth limitations [6][20]. Summary by Sections M&A Analysis - The report details various M&A cases, including: - **China National Materials International**: Acquired subsidiaries to enhance its competitive edge and resolve internal competition issues [6][28]. - **Shenzhen Sanda A**: Acquired a majority stake in China System to strengthen its smart city industry chain [7][65]. - **China Energy Engineering**: Planned a merger with Gezhouba to eliminate competition and enhance synergy [8]. - **Anhui Construction Engineering**: Merged with Anhui Construction Group for overall listing [8]. - **China Communications Construction**: Divested design assets to facilitate a reverse merger with Qilian Mountain [9]. Policy Environment - The report emphasizes the supportive policy environment for M&A activities, with multiple central and local government initiatives aimed at enhancing the efficiency of capital allocation and encouraging strategic restructuring among SOEs [20][21]. Industry Trends - The construction industry is transitioning towards maturity, with signs of peak growth potential. The report notes a decline in revenue and profit for listed construction companies, indicating a need for horizontal expansion or vertical integration through M&A to sustain growth [20][25]. - In 2024, the total revenue for the construction sector was approximately 86,962.78 billion yuan, reflecting a year-on-year decrease of 4.29% [20]. Investment Opportunities - The report identifies potential investment targets that are under operational pressure or facing growth constraints, particularly those that could benefit from central and local policy support [25].

证券代码：600720 证券简称：中交设计 公告编号：2025-027 中交设计咨询集团股份有限公司 关于控股股东全资子公司增持公司股份计划 进展的公告 中交设计咨询集团股份有限公司（简称本公司或公司）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。 重要内容提示： 增持计划：自 2025 年 4 月 21 日起 12 个月内，公司控股股东中国交通建 设股份有限公司（以下简称"中国交建"）的全资子公司中交资本控股有限公司 （以下简称"中交资本"）以其自有资金通过上海证券交易所交易系统允许的方 式增持公司股份，增持金额不低于 15,000 万元人民币，不超过 30,000 万元人民 币（简称"本次增持"）。本次增持计划的有关情况详见公司于 2025 年 4 月 22 日披露的《关于控股股东全资子公司增持公司股份计划的公告》（编号：2025-015）。 增持计划的实施进展：2025 年 4 月 23 日，公司控股股东中国交建全资子 公司中交资本通过上海证券交易所交易系统以集中竞价方式，首次增持公司无限 售流通 A 股股份 600,000 ...