上海港湾基础建设（集团）股份有限公司第三届董事会审计委员会 关于聘任公司财务总监的审核意见 董事会审计委员会委员：李仁青、陈振楼、徐士龙 2024 年 10 月 29 日 上海港湾基础建设（集团）股份有限公司董事会： 根据《中华人民共和国公司法》、《上海证券交易所股票上市规则》等法律 法规、规范性文件及《上海港湾基础建设（集团）股份有限公司章程》等有关 规定，作为上海港湾基础建设（集团）股份有限公司（以下简称"公司"）董 事会审计委员会成员，我们对拟提交公司第三届董事会第八次会议审议的关于 聘任公司财务总监的事项进行了认真的审阅，对候选人的履历等相关材料进行 了审查，发表书面审核意见如下： 1、财务总监的候选人具备担任公司高管的资格和能力，不存在《中华人民 共和国公司法》、《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》和《公司章程》等规定的不得担任公司高管的情形，未受到中国证监会的 行政处罚，未受到上海证券交易所的公开谴责或通报批评，亦不存在被上海证 券交易所认定不适合担任公司高管的其他情形。 2、同意提名金忻女士为公司财务总监，并提交公司董事会审议。 ...

证券代码：605598 证券简称：上海港湾 公告编号：2024-036 上海港湾基础建设（集团）股份有限公司（以下简称"公司"、"上海港湾"） 第三届董事会第八次会议于 2024 年 10 月 29 日以现场会议的形式召开，本次会 议通知已于 2024 年 10 月 18 日以电子邮件等形式发出。会议应出席董事 5 名， 实际出席董事 5 名，公司监事、部分高级管理人员列席本次会议。本次会议的召 集、召开程序符合《公司法》和《公司章程》等的相关规定。董事长徐士龙先生 主持本次会议。 （一）审议并通过《关于聘任公司财务总监的议案》 鉴于 Vivienne Zhang 女士因个人原因申请辞去公司副总经理、财务总监职 务，为确保公司各项经营管理工作顺利进行，根据《公司法》以及《公司章程》 等的有关规定，经总经理徐望先生提名，董事会提名委员会、董事会审计委员会 事前审核通过，公司董事会同意聘任金忻女士为公司财务总监，任期自本次董事 会审议通过之日起至第三届董事会任期届满之日为止。 上海港湾基础建设（集团）股份有限公司 第三届董事会第八次会议决议公告 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 ...

上海港湾基础建设（集团）股份有限公司第三届董事会提名委员会 1、财务总监的候选人具备担任公司高管的资格和能力，不存在《中华人民 共和国公司法》、《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》和《公司章程》等规定的不得担任公司高管的情形，未受到中国证监会的 行政处罚，未受到上海证券交易所的公开谴责或通报批评，亦不存在被上海证 券交易所认定不适合担任公司高管的其他情形。 2、同意提名金忻女士为公司财务总监，并提交公司董事会审议。 关于聘任公司财务总监的审核意见 上海港湾基础建设（集团）股份有限公司董事会： 根据《中华人民共和国公司法》、《上海证券交易所股票上市规则》等法律 法规、规范性文件及《上海港湾基础建设（集团）股份有限公司章程》等有关 规定，作为上海港湾基础建设（集团）股份有限公司（以下简称"公司"）董 事会提名委员会成员，我们对拟提交公司第三届董事会第八次会议审议的关于 聘任公司财务总监的事项进行了认真的审阅，对候选人的履历等相关材料进行 了审查，发表书面审核意见如下： 董事会提名委员会委员：陈振楼、李仁青、刘剑 2024 年 10 月 29 日 ...

Investment Rating - The report assigns an "Outperform" rating to the company, indicating a positive outlook compared to the market performance [6]. Core Insights - The company reported a revenue of 631 million yuan for the first half of 2024, reflecting a year-on-year growth of 11.3%, but the net profit decreased by 30.4% to 74 million yuan [6]. - The company has seen significant growth in new contracts, with a total of 1.19 billion yuan in new orders signed in the first half of 2024, a year-on-year increase of 78.2% [6]. - The company is focusing on expanding its operations in Southeast Asia, with 75.1% of its revenue coming from this region [6]. - The company’s gross profit margin improved to 36.4%, up 1.1 percentage points year-on-year [6]. Financial Summary - Total revenue is projected to grow from 1,277 million yuan in 2023 to 2,463 million yuan by 2026, with a compound annual growth rate (CAGR) of approximately 21.8% [5][8]. - The net profit is expected to increase from 174 million yuan in 2023 to 404 million yuan in 2026, reflecting a strong growth trajectory [5][8]. - Earnings per share (EPS) are forecasted to rise from 0.71 yuan in 2023 to 1.64 yuan in 2026 [5][8]. - The company maintains a healthy balance sheet with a debt-to-asset ratio of 19.5% [6].

Summary of Conference Call Company and Industry - The discussion revolves around the construction industry, specifically focusing on Shanghai Port's soft soil foundation treatment, which is identified as a leading technology in the sector [1]. Core Points and Arguments - The company emphasizes the potential for explosive growth both domestically and internationally in the field of soft soil foundation treatment [1]. - The call is part of a series aimed at deepening understanding of leading technologies in the construction sector, indicating a strategic focus on innovation and market leadership [1]. Other Important Content - The company plans to continue discussions on various leading technologies in future calls, suggesting a commitment to ongoing engagement with investors and stakeholders [1].

本次股票上市流通总数为 168,140,000 股, 均为首次公开发行限售股。 证券代码：605598 证券简称：上海港湾 公告编号：2024-034 上海港湾基础建设（集团）股份有限公司 首次公开发行限售股上市流通公告 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。 重要内容提示： 本次股票上市类型为首发股份；股票认购方式为网下，上市股数为 168,140,000 股。 本次股票上市流通日期为 2024 年 9 月 26 日。 一、本次限售股上市类型 经中国证券监督管理委员会《关于核准上海港湾基础建设（集团）股份有限公 司首次公开发行股票的批复》（证监许可[2021]2618 号）核准，上海港湾基础建 设（集团）股份有限公司（以下简称"公司"或"上海港湾"）向社会公众首次公 开发行（以下简称"首发"）43,193,467 股人民币普通股股票（以下简称"A 股"）， 并经上海证券交易所《关于上海港湾基础建设（集团）股份有限公司人民币普通股 股票上市交易的通知》（[2021]199 号）审核同意，于 2021 年 9 月 1 ...

Group 1: Financial Performance - The company achieved a revenue of 631 million yuan in the first half of 2024, representing a year-on-year growth of 11.34% [3] - New contracts signed reached 1.187 billion yuan, marking the best performance for the same period historically, with domestic contracts totaling 252 million yuan and overseas contracts totaling 935 million yuan [3] - Southeast Asia contributed significantly with new contracts of 782 million yuan, accounting for 83.67% of overseas new contracts [3] Group 2: Market Expansion and Strategy - The company is leveraging its 15 years of overseas experience to deepen market penetration in Southeast Asia, the Middle East, and other regions [3][5] - The construction market in Indonesia is projected to reach 284.17 billion USD by 2024, with a compound annual growth rate of 7.5% [4] - The company aims to expand into Africa and Latin America while focusing on sustainable markets and attractive projects [5] Group 3: Project Involvement and Challenges - The company has participated in over 700 major geotechnical engineering projects globally, including significant infrastructure projects in Singapore, Cambodia, and Indonesia [5][8] - Challenges faced include differing standards and regulations in various countries, which the company addresses through localized operations and strong technical capabilities [8][9] - The company emphasizes the importance of early involvement in projects to mitigate risks and enhance value creation for stakeholders [6][9] Group 4: Competitive Advantage and Risk Management - The company maintains a competitive edge by focusing on market-driven strategies, technological innovation, and a skilled workforce, with over 70% of its employees being international [8] - It employs a digital management approach to enhance operational efficiency and project execution [8] - The company actively monitors macroeconomic risks and adjusts its strategies accordingly to safeguard its international operations [6][7]

Investment Rating - The report initiates coverage with a "Buy" rating for the company [1][3]. Core Views - The company is a leading player in soft foundation treatment, benefiting from the "Belt and Road" infrastructure wave, with a significant recovery in performance since 2022, achieving a CAGR of 68% in net profit from 2021 to 2023 [1]. - The demand for foundation treatment is expected to rise due to rapid urbanization in emerging countries, particularly in Southeast Asia and the Middle East, where substantial infrastructure investments are planned [1]. - The company has a technological edge with its proprietary "High Vacuum Densification Method," which significantly reduces construction time and costs compared to traditional methods [1]. Company Overview - The company, established in 2001, pioneered the "High Vacuum Densification Method" for soft foundation treatment, expanding its market influence through landmark projects like the Shanghai Pudong Airport [1][13]. - It has extended its operations to overseas markets, particularly in Southeast Asia, with a strong presence in Indonesia and Vietnam [1][13]. Financial Analysis - The company reported a significant increase in revenue, with 2023 revenue reaching 1.277 billion yuan, a 44.3% year-on-year growth [2]. - The net profit for 2023 was 174 million yuan, reflecting an 11% increase compared to the previous year [2]. - The gross profit margin for 2022 was 36.3%, slightly decreasing to 34.3% in 2023 due to a higher proportion of lower-margin pile foundation business [23][25]. Industry Analysis - The global foundation treatment market is valued at approximately 363 billion yuan, with a significant portion attributed to soft foundation treatment due to the poor performance of soft soil [1]. - Infrastructure investment in Southeast Asia is projected to exceed 14 trillion yuan from 2021 to 2030, with Indonesia leading the charge [1]. - Saudi Arabia's Vision 2030 aims to invest over 3 trillion USD in various mega projects, further driving demand for foundation treatment services [1]. Competitive Landscape - The company faces competition from global players like Keller and Menard, which primarily operate in Europe and North America, while the company focuses on Southeast Asia and the Middle East [1]. - The report highlights that the top three companies in the foundation treatment market hold a combined market share of approximately 17% [1]. Order Growth and Performance Outlook - In the first half of 2024, the company secured new orders worth 1.2 billion yuan, marking a 78% year-on-year increase, with significant contributions from both domestic and international markets [1]. - The company anticipates continued growth in new orders, supported by a strong pipeline of infrastructure projects and favorable market conditions [1]. Profit Forecast and Valuation - The forecasted net profits for 2024, 2025, and 2026 are 222 million yuan, 288 million yuan, and 365 million yuan, respectively, with corresponding EPS of 0.90, 1.17, and 1.49 yuan [2]. - The current price-to-earnings ratios are projected at 20, 15, and 12 for the years 2024, 2025, and 2026, indicating a favorable valuation for potential investors [2].

证券代码：605598 证券简称：上海港湾 公告编号：2024-033 上海港湾基础建设（集团）股份有限公司 关于参加上海辖区上市公司 2024 年投资者网上集体接待日 暨中报业绩说明会的公告 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。 为进一步加强与投资者的互动交流，上海港湾基础建设（集团）股份有限公 司（以下简称"公司"）将参加由上海上市公司协会与深圳市全景网络有限公司 联合举办的"2024 年上海辖区上市公司投资者集体接待日暨中报业绩说明会"， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net/html/143790.shtml），或关注微信公众号：全景财经， 或下载全景路演 APP,参与本次互动交流，活动直播时间为 2024 年 9 月 13 日（周 五） 14:00-16:30。届时公司高管将在线就公司 2024 年度中报业绩、公司治理、 发展战略、经营状况、股权激励和可持续发展等投资者关心的问题，与投资者进 行沟通与交流，欢迎广大投资 ...

证券代码：605598 证券简称：上海港湾 公告编号：2024-032 上海港湾基础建设（集团）股份有限公司 关于控股股东部分股份质押的公告 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: 上海港湾基础建设（集团）股份有限公司（以下简称"公司"）控股股 东上海隆湾投资控股有限公司（以下简称"上海隆湾"）持有上市公司股份 168,000,000 股，占公司总股本的比例为 68.36%，本次股份质押办理完成后， 上海隆湾累计质押公司股份 5,000,000 股，占公司总股本的比例为 2.03%。 一、上市公司股份质押 规要求及时履行披露义务。 二、控股股东及一致行动人累计质押情况 股东名称 是否为 控股股 东 本次质 押股数 是否为限 售股 是否 补充 质押 质押起 始日 质押 到期 日 质权人 占其所 持股份 比例 占公司 总股本 比例 质押融 资资金 用途 上海隆湾投 资控股有限 公司 是 5,000, 000 首发限售 股 否 2024/9/ 5 2025 /9/5 中信证券股 份有限公司 2.98% 2.0 ...