Financial Performance - The company's operating revenue for 2015 was CNY 607,538,438.49, representing a 0.71% increase compared to CNY 603,277,606.35 in 2014[18]. - The net profit attributable to shareholders for 2015 was CNY 93,325,073.09, which is a 14.80% increase from CNY 81,292,385.80 in 2014[18]. - The net profit after deducting non-recurring gains and losses was CNY 88,859,021.49, up 14.77% from CNY 77,426,310.85 in 2014[18]. - The net cash flow from operating activities for 2015 was CNY 17,990,992.76, a significant recovery from a negative cash flow of CNY -51,115,922.49 in 2014[18]. - The total assets at the end of 2015 were CNY 1,443,778,664.37, reflecting a 58.50% increase from CNY 910,888,101.21 at the end of 2014[18]. - The net assets attributable to shareholders increased by 95.96% to CNY 871,365,637.87 from CNY 444,673,031.93 in 2014[18]. - The company's basic earnings per share for 2015 was CNY 1.56, representing a 15.56% increase compared to CNY 1.35 in 2014[19]. - The weighted average return on equity decreased by 1.13 percentage points to 18.99% in 2015 from 20.12% in 2014[19]. - The company reported a net profit of CNY 59.06 million in Q4 2015, with a significant increase in cash flow from operating activities to CNY 73.86 million[21]. - The gross margin for the main business increased by 1.69% year-on-year, with the landscaping engineering segment showing a gross margin of 26.54%[54]. Shareholder Information - The company proposed a cash dividend of CNY 0.96 per 10 shares, totaling CNY 7,680,000 for distribution[2]. - The cash dividend payout ratio for 2015 is 8.23% of the net profit attributable to shareholders[113]. - The total number of shares distributed as dividends in 2015 was 0 shares, indicating no stock dividends were issued[113]. - The company has complied with the regulations set forth by the China Securities Regulatory Commission regarding cash dividends[110]. - The profit distribution policy has been included in the company's articles of association and approved by the shareholders' meeting[110]. Capital Structure - The total share capital increased to 80,000,000 shares, a 33.33% increase from 60,000,000 shares in 2014[18]. - The company plans to increase its share capital by 120,000,000 shares through capital reserve conversion, raising total share capital to 200,000,000 shares[2]. - The company's total assets increased, with a capital reserve of 443,135,595.95 RMB, up 241.48% from the previous year[70]. - The company reported a stock lock-up period extension of 6 months if the closing price at the end of the period is below the issue price[119]. Market and Industry Trends - The landscaping industry is currently in a golden development period, driven by urbanization and government investment in ecological civilization construction[35]. - The urbanization rate in China reached 56.10% in 2015, indicating significant potential for growth compared to the average urbanization rate of 75% in developed countries[34]. - The landscaping industry is transitioning from labor-intensive to knowledge and technology-intensive, increasing the demand for skilled professionals, particularly mid to senior-level talent[87]. - The market for landscaping services is expected to expand significantly due to the government's promotion of the PPP model, with planned investments exceeding 1 trillion RMB across various provinces[91]. Strategic Initiatives - The company is actively exploring PPP project opportunities to ensure sustainable business growth[47]. - The company is focusing on ecological technology innovation, with ongoing projects in wetland ecosystem restoration and natural plant community construction[64]. - The company plans to strengthen its core landscape construction business while expanding its design services and increasing its own seedling base to support project quality and reduce costs[95]. - The company aims to establish a balanced business structure between real estate landscape and municipal greening to enhance risk resistance and promote sustainable growth[96]. Governance and Compliance - The company has established a policy to protect the rights of other shareholders from any potential harm caused by competitive activities[121]. - The company has a commitment to uphold the integrity and diligence of its board members in accordance with legal and corporate governance standards[121]. - The company maintains a focus on corporate governance and transparency in its remuneration practices[173]. - The audit report confirms that the financial statements fairly reflect the company's financial position as of December 31, 2015, and its operating results for the year[199]. Operational Performance - The company primarily engages in landscape engineering construction, design, and maintenance services for real estate developers and government agencies[27]. - The business model includes project bidding, contract signing, and project implementation, with a focus on maintaining long-term relationships with major real estate developers[27]. - The company completed 22 projects during the reporting period, with a total value of 20,890.45 million RMB[73]. - The total amount of ongoing projects reached 159,897.97 million RMB, with 26 projects in progress[75]. Risk Management - The company faces risks related to cash flow management due to the nature of its construction contracts, which may impact operational efficiency and growth[102]. - The company recognizes the importance of high-quality landscaping maintenance, which presents substantial growth opportunities in the industry[92].