证券代码：603506 证券简称：南都物业 公告编号：2025-046 南都物业服务集团股份有限公司 2025年第三次临时股东大会决议公告 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： 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 11 月 5 日 | 1、出席会议的股东和代理人人数 | 61 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 114,701,986 | | 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（%） | 61.8382 | (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。 本次会议采取现场投票和网络投票相结合的方式召开。公司董事长韩芳女士因公 出差无法出席本次会议，经过半数以上董事推举董事楼俊先生代为主持会议。本 次会议的召集召开及表决方式符合《公司法》《证券法》《上市公司股东会规则》 等法律、法规、规范性文件及《公司章程》的有关规定。 (五) ...

法律意见书 浙江天册律师事务所 关于 南都物业服务集团股份有限公司 2025 年第三次临时股东大会的 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 浙江天册律师事务所 关于南都物业服务集团股份有限公司 2025 年第三次临时股东大会的 法律意见书 编号：TCYJS2025H1838 号 致：南都物业服务集团股份有限公司 浙江天册律师事务所（以下简称"本所"）接受南都物业服务集团股份有限公 司（以下简称"南都物业"或"公司"）的委托，指派本所律师参加公司 2025 年 第三次临时股东大会，并根据《中华人民共和国证券法》（以下简称"《证券法》"）、 《中华人民共和国公司法》（以下简称"《公司法》"）和《上市公司股东会规则》 （以下简称"《股东会规则》"）等法律、法规和其他有关规范性文件的要求出具 本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会召集、召开程序、出席人员的 资格、召集人的资格、表决程序及表决结果的合法有效性发表意见，不对会议所审 议的议案内容和该等议案中所表述的事实或数据的真实性和准确性发表意见。 ...

Market Overview - On November 5, the real estate service sector rose by 0.2% compared to the previous trading day, with Shijie Holdings leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Individual Stock Performance - Shijie Holdings (002285) closed at 2.42, with a gain of 2.11% and a trading volume of 499,500 shares, amounting to 120 million yuan [1] - Huangting International (000056) closed at 2.44, up 1.67%, with a trading volume of 403,200 shares, totaling 98.26 million yuan [1] - Ningbo Fuda (600724) closed at 5.56, gaining 1.28%, with a trading volume of 169,300 shares, amounting to 93.75 million yuan [1] - Other notable performances include Zhongtian Service (002188) at 6.39 (+1.11%), Xinda Zheng (002968) at 12.37 (+0.98%), and Te Fa Service (300917) at 40.92 (+0.42%) [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 75.6 million yuan from institutional investors, while retail investors saw a net inflow of 80.35 million yuan [2][3] - The detailed capital flow for individual stocks shows that Shijie Holdings had a net outflow of 6.57 million yuan from institutional investors, while retail investors contributed a net inflow of 11.40 million yuan [3] - Huangting International faced a significant net outflow of 11.36 million yuan from institutional investors, with a net inflow of 11.66 million yuan from retail investors [3]

Core Insights - The real estate service sector experienced a slight decline of 0.09% on November 4, with Nandu Property leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Stock Performance - Notable gainers included Ningbo Fuda, which rose by 2.43% to a closing price of 5.49, and Zhongtian Service, which increased by 1.61% to 6.32 [1] - Conversely, Nandu Property fell by 1.55% to 12.67, and ST Mingcheng decreased by 1.05% to 1.89 [2] Trading Volume and Value - The trading volume for Ningbo Fuda was 167,600 shares, with a transaction value of approximately 91.36 million yuan [1] - The total trading volume for the real estate service sector showed varied performance, with some stocks like Zhujiang Co. achieving a transaction value of 242 million yuan [1] Capital Flow Analysis - The real estate service sector saw a net outflow of 2.733 million yuan from institutional investors, while retail investors experienced a net outflow of 2.788 million yuan [2] - In contrast, speculative funds recorded a net inflow of 5.522 million yuan [2] Individual Stock Capital Flow - Zhujiang Co. had a net inflow of 18.9512 million yuan from institutional investors, while Nandu Property faced a significant net outflow of 10.8806 million yuan [3] - ST Mingcheng experienced a notable net outflow of 7.5417 million yuan from institutional investors, indicating a challenging trading environment [3]

Core Insights - Nandu Property's stock price increased by 2.61% on November 3, reaching 12.96 CNY per share, with a total market capitalization of 2.434 billion CNY [1] - The company has seen a year-to-date stock price increase of 52.29%, but has experienced a decline of 4.57% over the last five trading days [1][2] - For the period from January to September 2025, Nandu Property reported a revenue of 1.369 billion CNY, reflecting a year-on-year growth of 2.35%, and a net profit of 154 million CNY, which is a significant increase of 156.07% year-on-year [2] Financial Performance - Nandu Property's main business revenue composition includes: 89.52% from property basic services, 7.99% from property value-added services, 1.39% from non-owner value-added services, and 0.98% from other services [1] - The company has distributed a total of 319 million CNY in dividends since its A-share listing, with 123 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, Nandu Property had 10,100 shareholders, an increase of 29.73% from the previous period, while the average number of circulating shares per shareholder decreased by 22.92% to 18,628 shares [2] - The top ten circulating shareholders saw a change, with Huaxia Return Mixed A (002001) exiting the list [3]

Core Insights - A new company, Hangzhou Nanjun Zhifei Technology Co., Ltd., has been established, focusing on the development of intelligent robots, IoT technology, sales of unmanned aerial vehicles, and specialized semiconductor equipment [1] Company Overview - Hangzhou Nanjun Zhifei Technology Co., Ltd. is fully owned by Nandu Property (603506) [1]

Group 1: Market Overview - The report highlights the recent performance of the Shanghai Composite Index and the ChiNext Index, showing a significant decline over the past year, with the Shanghai Composite down by 32% and the ChiNext down by 16% [1][2] Group 2: Industry Insights - The report discusses the strong performance of the power equipment and non-bank financial sectors, with power equipment showing a rise of 4.79% and non-bank financials increasing by 2.08% in the latest trading session [1] - Conversely, the banking sector experienced a decline of 1.98%, indicating a challenging environment for traditional financial institutions [2] Group 3: Investment Strategies - The report emphasizes a dual-driven strategy focusing on technology and PPI trading, suggesting that AI and self-controlled technology will lead the market, supported by stable dividends and sectors like gold and military [6] - The recommended industry sectors for November include social services, non-bank financials, and public utilities, indicating a diversified approach to investment [7] Group 4: Company-Specific Updates - Celestica reported a strong Q3 performance with revenues of $3.19 billion, a 28% year-over-year increase, and raised its full-year revenue guidance to $12.2 billion, reflecting confidence in the AI infrastructure market [20] - Tesla plans to launch its Optimus V3 robot by Q1 2026, with a production capacity of 1 million units per year, showcasing advancements in robotics and AI [29][30] - The report notes that the food and beverage sector, particularly companies like Hai Tian Wei Ye, has shown steady revenue growth of 2.5% and profit growth of 3.4% in Q3 2025, highlighting resilience in challenging market conditions [51]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has maintained stable non-recurring profits while increasing efforts to advance its robotics ecosystem layout [6] - The company reported revenue growth and profit increase, with a focus on residential, commercial, and urban services [6] - The company has successfully invested in several robotics firms, enhancing its property management digital upgrade and cost optimization [6] Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 1.369 billion yuan, a year-on-year increase of 2.35% [7] - The net profit attributable to the parent company was 154 million yuan, a significant year-on-year increase of 156.07% [7] - The non-recurring net profit attributable to the parent company was 82 million yuan, a year-on-year increase of 1.53% [7] - The gross margin and net margin were 16.6% and 11.8%, respectively, with year-on-year increases of 0.5 percentage points and 6.7 percentage points [7] Investment Activities - The company signed 59 new projects with a total area of 6.9855 million square meters, a year-on-year decrease of 24.4% [8] - The company has become the largest institutional shareholder of Hangzhou Cloud Elephant Commercial Robot Co., Ltd. after investing in it [8] - The company initiated the "Sai Zhi Zhu Long Fund" for investments, with its first project being Hangzhou Cloud Deep Technology [8] Profit Forecast - The company maintains its profit forecast, expecting net profits attributable to the parent company to be 168 million, 176 million, and 184 million yuan for 2025, 2026, and 2027, respectively [6] - The expected earnings per share (EPS) for the same years are projected to be 0.89, 0.94, and 0.98 yuan [6] - The current stock price corresponds to price-to-earnings (PE) ratios of 15.0, 14.3, and 13.7 for 2025, 2026, and 2027, respectively [6]

Core Viewpoint - The real estate service sector experienced a decline of 0.48% on October 29, with Nandu Property leading the drop, while the overall stock market indices showed positive performance with the Shanghai Composite Index rising by 0.7% and the Shenzhen Component Index increasing by 1.95% [1][2]. Market Performance - The closing prices and percentage changes of key stocks in the real estate service sector are as follows: - Xinda Zheng (002968): 12.50, +1.46% - China Merchants Jiyu (001914): 11.44, +1.42% - Tefa Service (300917): 41.32, +0.66% - Shilianhang (002285): 2.36, +0.43% - Wo Ai Wo Jia (000560): 2.88, 0.00% - Zhujiang Co. (600684): 5.52, -1.25% - ST Mingcheng (600136): 1.84, -1.60% - Huangting International (000056): 2.31, -1.70% - Zhongtian Service (002188): 6.14, -1.76% - Ningbo Fuda (600724): 5.41, -2.87% [1][2]. Capital Flow Analysis - On the same day, the real estate service sector saw a net outflow of 135.18 million yuan from main funds, while retail funds experienced a net inflow of 1,106.91 million yuan, and individual investors had a net outflow of 971.73 million yuan [2][3]. - The capital flow for specific stocks indicates: - Xinda Zheng (002968): Main funds net inflow of 8.50 million yuan, retail funds net inflow of 1.32 million yuan, individual investors net outflow of 9.82 million yuan - Nandu Property (603506): Main funds net inflow of 8.43 million yuan, retail funds net inflow of 2.36 million yuan, individual investors net outflow of 10.79 million yuan - Shilianhang (002285): Main funds net inflow of 7.85 million yuan, retail funds net outflow of 0.79 million yuan, individual investors net outflow of 7.06 million yuan [3].

Core Viewpoint - The company, Nandu Property Service Group Co., Ltd., has released its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided [1][2][11]. Financial Data - The third-quarter financial statements have not been audited [3]. - As of September 30, 2025, the company has a total of 675 signed projects covering an area of 87,908,300 square meters [8]. - In the first nine months of 2025, the company signed 59 new property service projects with a total area of approximately 6,985,500 square meters [8]. Shareholder Information - The company has a total of 2,290,500 shares held in a repurchase account, accounting for 1.22% of the total share capital [6]. Investor Communication - The company will hold a performance briefing on November 6, 2025, from 10:00 to 11:00 AM, to discuss its operational performance and development strategy [14][19]. - Investors can submit questions via email by November 4, 2025, to be addressed during the briefing [13][16].