关于调整第三届董事会专门委员会委员的公告 证券代码：605598 证券简称：上海港湾 公告编号：2025-026 上海港湾基础建设（集团）股份有限公司 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。 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"） 于 2025 年 5 月 30 日召开了 2024 年年度股东大会，会议增补选举 4 位董事，其 中独立董事为祝鹏程先生、蒋明镜先生，非独立董事为刘瑜先生、Marcello Wisal Djunaidy 先生，4 位董事简历附后。根据《公司法》及《公司章程》的相关规定， 鉴于董事发生变更，公司于同日召开第三届董事会第十三次临时会议，审议通过 《关于调整第三届董事会专门委员会委员的议案》，调整后的第三届董事会各专 门委员会成员如下： 1、 审计委员会 主任委员：李仁青先生（独立董事） 委员：祝鹏程先生（独立董事）、徐士龙先生 2、 提名委员会 主任委员：祝鹏程先生（独立董事） 委员：李仁青先生（独立董事）、刘剑先生 3、 薪酬与考核委员会 主任委员：祝鹏程先生（ ...

证券代码：605598 证券简称：上海港湾 公告编号：2025-024 上海港湾基础建设（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： 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 5 月 30 日 (二)股东大会召开的地点：上海市静安区江场路 1228 弄 6A 栋 5 楼 9 号会议室 (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况： | 1、出席会议的股东和代理人人数 | 122 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 187,109,980 | | 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 | 76.1349 | | 份总数的比例（%） | | (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。 本次会议由董事会召集，采用现场投票与网络投票相结合的方式进行表决， 现场会议由公司董事长徐士龙先生主持，会议的 ...

北京市中伦律师事务所 关于上海港湾基础建设（集团）股份有限公司 2024 年年度股东大会的 法律意见书 二〇二五年五月 北京市中伦律师事务所 关于上海港湾基础建设（集团）股份有限公司 2024 年年度股东大会的 法律意见书 致：上海港湾基础建设（集团）股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）的规定，北京市中伦律师事务所（以 下简称"本所"）接受上海港湾基础建设（集团）股份有限公司（以下简称"公 司"或"上海港湾"）的委托，指派本所律师出席公司 2024 年年度股东大会（以 下简称"本次股东大会"），对本次股东大会的相关事项进行见证并出具法律意 见。 为出具本法律意见书，本所律师审查了公司提供的相关文件，该等文件包括 但不限于： 在本法律意见书中，本所律师仅对本次股东大会的召集、召开程序、出席会 议人员资格（但不包含网络投票股东的资格）、召集人资格及会议表决程序、表 决结果是否符合《公司法》等法律、法规、规范性文件及公司章程的规定发表意 见，不对会议审议的议案内容以及这些议案所表述的事实或数据的真实性及准确 性发表意见。 本所律师 ...

Investment Rating - The report maintains an "Overweight" rating for the construction and decoration industry [1] Core Views - Infrastructure investment remains stable, with a focus on water conservancy and cleanroom engineering sectors [1] - The first four months of 2025 saw a 5.8% year-on-year increase in infrastructure investment, with notable growth in water management (30.7%), water transportation (26.9%), and air transportation (13.9%) [10][15] - The report highlights the resilience of the economy despite external pressures, with construction material retail sales showing a significant increase of 9.7% in April [15] Summary by Sections Industry Dynamics - The report notes that the overseas contracting business is expected to benefit from the Belt and Road Initiative, with new contract amounts reaching $76.59 billion, a 22.4% year-on-year increase [2][11] - Companies involved in specialized engineering sectors, energy conservation, and new energy infrastructure are anticipated to see growth opportunities [11] Market Performance - The construction and decoration sector experienced a decline of 0.97% in the week of May 19-23, 2025, while the broader market indices showed smaller declines [5] - The report suggests that the performance of construction companies remains stable, with a focus on state-owned enterprises and local government enterprises for potential valuation recovery [10] Policy and Economic Data - The report emphasizes the importance of proactive macroeconomic policies to support infrastructure investment, with expectations for increased fiscal policy support in the second quarter [10][15] - The construction PMI showed a decline, indicating weaker project expectations, which necessitates close monitoring of funding and policy impacts [10]

历经二十一载岁月沉淀，新财富金牌董秘评选已成为中国资本市场极具权威性与公信力的标杆评选，不仅见证 了中国资本市场蓬勃发展的壮阔征程，更以专业视角镌刻下时代变革的深刻印记。金牌董秘群体凭借卓越的专 业素养与创新实践能力，持续优化上市公司治理、深化投资者关系管理，已然成为推动中国资本市场向高质量 发展迈进的一股重要力量。 值此新财富董秘评选二十一周年之际，诚邀历届金牌董秘，分享企业战略、发展历程与职业经验，以实战洞见 解构资本风云，共探行业发展逻辑。 上海港湾（股票代码：605598）作为岩土工程领域的综合性服务商，为全球客户提供集勘察、设计、 施工、监测于一体的全流程专业服务。在 A 股 74 家建筑业上市公司中，上海港湾以独特的海外业务 布局脱颖而出 —— 公司聚焦 "一带一路" 高质量发展路径，以技术输出与标准输出为核心竞争力，依 托卓越的方案设计能力、精细化的项目管理体系，以及深度属地化的运营模式，构建起全球化业务网 络。面对复杂多变的国际市场环境，公司始终坚持创新驱动与市场开拓并重，持续实现业绩突破，其 专业实力不仅获得行业高度认可，更在资本市场树立了差异化发展的典范。 自 2009 年加入上海港湾，王 ...

上海港湾基础建设（集团）股份有限公司 2024 年年度股东大会会议资料 2025 年 5 月 上海港湾 2024 年年度股东大会会议资料 会议资料目录 | 2024 年年度股东大会会议须知 | | 1 | | | --- | --- | --- | --- | | 2024 年年度股东大会会议议程 | | 3 | | | 关于 年年度报告及其摘要的议案 | 2024 | | 5 | | 关于 年度财务决算报告的议案 | 2024 | | 6 | | 关于 年度董事会工作报告的议案 | 2024 | | 10 | | 关于 年度监事会工作报告的议案 | 2024 | | 11 | | 关于 年度独立董事述职报告的议案 | 2024 | | 12 | | 关于 年度利润分配预案的议案 | 2024 | | 13 | | 关于确认董事 2024 年度薪酬并拟定 2025 | | 年度薪酬方案的议案 | 14 | | 关于确认监事 2024 年度薪酬并拟定 2025 | | 年度薪酬方案的议案 | 16 | | 关于公司为子公司、子公司之间 2025 | | 年预计担保额度的议案 | 18 | | 关于 年向金融机构 ...

Investment Rating - The report maintains a "Buy" rating for the company [6][7] Core Views - The company is expected to achieve a significant recovery in performance in Q1 2025, with a projected revenue growth of 29% [2] - The company has signed new contracts worth 2.053 billion yuan in 2024, representing a year-on-year increase of 93%, indicating strong future revenue growth potential [4] - The establishment of a subsidiary focused on space-grade perovskite solar power generation is anticipated to create new growth opportunities in the commercial aerospace sector [5] Financial Performance Summary - In 2024, the company reported total revenue of 1.3 billion yuan, a year-on-year increase of 1.5%, but a decline in net profit attributable to shareholders to 90 million yuan, down 47% [2] - The gross profit margin for 2024 was 30%, a decrease of 4.7 percentage points year-on-year, primarily due to high initial costs associated with the Dalian Airport project [3] - The company’s operating cash flow showed a net outflow of 80 million yuan in 2024, which is a significant increase in cash outflow compared to the previous year [3] Revenue and Profit Forecast - The company is projected to achieve net profits of 259 million yuan in 2025, representing a year-on-year growth of 180% [6] - The earnings per share (EPS) for 2025 is estimated to be 1.05 yuan, with a corresponding price-to-earnings (P/E) ratio of 20 times [6] Market Position and Growth Drivers - The company’s business is concentrated in Southeast Asia and the Middle East, benefiting from increased infrastructure demand driven by urbanization and industrialization [4] - The company has established a complete supply chain for aerospace quality, successfully supporting the launch of 15 satellites and over 40 satellite power systems [5]

证券代码：605598 证券简称：上海港湾 公告编号：2025-023 上海港湾基础建设（集团）股份有限公司 关于参加 2025 年上海辖区上市公司集体业绩说明会的公告 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。 重要内容提示： 会议召开时间：2025 年 05 月 15 日（星期四）15:00-16:30 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 公司董事长徐士龙先生、总经理徐望先生、董事兼副总经理刘剑先生、独立 董事李仁青先生、独立董事陈振楼先生、财务总监金忻女士、董事会秘书王懿倩 女士（如有特殊情况，参会人员将可能进行调整）。 四、 投资者参加方式 （一）投资者可在 2025 年 05 月 15 日（星期四）15:00-16:30，通过互联网 登录上证路演中心（https://roadshow.sseinfo.com/），在线参与本次业绩说明 会，公司将 ...

Investment Rating - The report maintains an "Outperform" rating for the company [5]. Core Insights - The company's performance is under pressure due to increased expense ratios, although the order backlog remains substantial [1]. - The company reported a total revenue of 1.297 billion yuan in 2024, with a year-on-year growth of 1.5%, while the net profit attributable to the parent company was 93 million yuan, down 46.9% year-on-year [5][7]. - The overseas business showed steady growth, contributing 83% to total revenue, while domestic business faced significant declines [5]. - New signed orders reached 2.053 billion yuan in 2024, nearly doubling from the previous year, indicating strong growth potential [5]. - The company is focusing on its core geotechnical engineering business while actively expanding into the commercial aerospace sector [5]. Financial Summary - Total revenue projections for 2025 are estimated at 1.911 billion yuan, with a year-on-year growth rate of 47.4% [2]. - The net profit for 2025 is projected to be 265 million yuan, reflecting a significant increase of 186% year-on-year [2]. - The gross profit margin is expected to improve to 35.3% in 2025, up from 29.6% in 2024 [2]. - The company’s return on equity (ROE) is projected to rise to 12.8% in 2025 [2].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative return of over 20% within the next six months [6][18]. Core Views - The company has seen a significant increase in overseas orders, particularly in Southeast Asia and the Middle East, contributing to a 29.25% year-on-year revenue growth in Q1 [1]. - The company is investing in perovskite solar cells to explore new growth avenues, aiming to expand its market presence in emerging markets like the Philippines and Kenya [4]. - Despite a decline in domestic business margins, the company has achieved a 93% year-on-year increase in new contracts signed in 2024 [2]. Financial Performance Summary - In Q1 2025, the company reported revenues of 372 million, a 29.25% increase year-on-year, with a net profit of 36 million, up 18.59% [1]. - For the full year 2024, the company expects revenues of 1.297 billion, a slight increase of 1.51%, but a significant drop in net profit by 46.86% to 93 million due to declining gross margins and increased costs [1][5]. - The company’s gross margin for 2024 is projected to be 29.59%, down 4.67 percentage points year-on-year, with a notable decline in Q4 2024 [2][3]. Order and Revenue Trends - The company signed new contracts worth 2.053 billion in 2024, reflecting a 93% increase compared to the previous year [2]. - Revenue from the foundation treatment and pile foundation engineering segments for 2024 is expected to be 824 million and 430 million, respectively, with the latter showing a 55.10% increase [2]. Cash Flow and Expenses - The company experienced a cash flow from operations (CFO) of -83 million in 2024, a decrease of 217 million year-on-year, but a positive CFO of 45 million in Q1 2025 [3]. - The operating expense ratio for 2024 is projected to be 17.36%, an increase of 1.62 percentage points year-on-year, primarily due to rising management costs from overseas business growth [3].