Group 1: Company Overview - The company has two main business sectors: construction and clean energy investment following a major asset restructuring [1] - As of now, the company has a total installed capacity of 4,559.71 MW in clean energy generation, including 380.50 MW from hydropower, 800.36 MW from wind power, and 3,278.85 MW from solar power [2] Group 2: Financial Performance - The company's revenue for 2025 is projected to be 75.2 billion CNY, with a net profit of 1.26 billion CNY attributed to shareholders [1] - The decline in performance for 2024 is primarily due to delays in construction projects caused by owner investment progress and land acquisition issues [1] Group 3: Operational Strategies - The company aims to manage accounts receivable effectively by focusing on project measurement and settlement to reduce capital occupation from completed but unsettled projects [2] - To lower the asset-liability ratio, the company plans to enhance project settlement processes, strengthen receivables collection, and diversify financing channels [2] Group 4: Clean Energy Projects - The company's clean energy projects are mainly located in regions such as Xinjiang, Gansu, Guangdong, Hunan, and Shandong [2] - The company has a target engineering task volume of 122 billion CNY and aims to have 1 million kW of clean energy capacity operational [2]

Group 1 - Guangdong Construction plans to acquire 100% equity of five photovoltaic project companies from Linyang Energy for 471 million yuan, aiming to expand its clean energy generation business [1] - The five project companies have a total installed capacity of 249.78 MWp and a registered capacity of 236.50 MW, all focused on solar power generation [1] - The acquisition is expected to enhance Guangdong Construction's overall strength in clean energy generation by integrating resources and achieving complementary advantages [1] Group 2 - Linyang Energy expects the cash flow from the transfer and prior operations to cover over 120% of the total investment, with funds from the sale supporting its long-term strategic shift towards building cost-effective power stations and quality energy storage [2] - The five project companies reported significant revenues and profits in 2024, with total revenues ranging from approximately 897,000 yuan to 6.15 million yuan across different companies [2] - The projected net profit contribution from the acquired companies to Guangdong Construction is estimated at around 5.29 million yuan for 2025, positively impacting the company's financial performance [3] Group 3 - Guangdong Construction's main business segments include engineering construction, clean energy generation, and equipment manufacturing, with clean energy generation showing positive growth [3] - In 2024, the clean energy generation segment achieved a total installed capacity of 4.31 million kW, a year-on-year increase of 10.3%, and a total power generation of 7.172 billion kWh, up 39.8% [3] - The engineering construction and equipment manufacturing segments experienced declines in revenue, while the clean energy generation segment was the only one to show positive growth [3]

Core Viewpoint - Guangdong Construction (002060) announced that its wholly-owned subsidiary, Guangdong Hydropower Second Bureau Group Co., Ltd., has successfully connected several photovoltaic power generation projects to the grid, marking significant progress in clean energy production [1] Group 1: Project Achievements - The company has achieved full-capacity grid-connected power generation for multiple photovoltaic projects, including a 0.558MW rooftop distributed photovoltaic project in Wengyuan County, Shaoguan City, Guangdong Province [1] - A 2.35MW distributed photovoltaic power generation project at the Chaoan Reserve Grain Center in Chaozhou City has also been successfully connected to the grid [1] - Additionally, a 5MW distributed photovoltaic hydrogen production integration project in Bachu County, Xinjiang, has been established as a demonstration project [1] - The first batch of 16.20MW from the 120MW composite photovoltaic power generation project in Luoshi Town (Yuxi), Shaoyang City, Hunan Province, has been connected to the grid [1] - The total installed capacity of clean energy projects that have been put into operation has reached 4559.71MW [1]

证券代码：002060 证券简称：广东建工 公告编号：临 2025-039 2025 年 6 月 4 日 近日，公司全资子公司广东水电二局集团有限公司的下属企 业投资建设的广东省韶关市翁源县广东珍桂粮食有限公司 0.558MW 屋顶分布式光伏项目、潮州市潮安区文祠镇潮安储备粮 中心库 2.35MW 分布式光伏发电项目及新疆巴楚县 5MW 分布式光 伏制储加氢一体化（试验示范）项目光伏发电实现全容量并网发 电；湖南省邵阳市大祥区罗市镇（雨溪）120MW 复合光伏发电项 目实现首批 16.20MW 并网发电。本次光伏发电项目并网发电装机 合计 24.108MW。 上述项目的并网发电对公司未来经营业绩有一定的提升作 用。截至目前，公司累计已投产发电的清洁能源项目总装机 4559.71MW，其中水力发电 380.50MW，风力发电 800.36MW，光伏 发电 3278.85MW，独立储能 100MW。 特此公告。 广东省建筑工程集团股份有限公司董事会 广东省建筑工程集团股份有限公司 关于光伏发电项目并网发电的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 ...

证券代码：002060 证券简称：广东建工 公告编号：临 2025-038 广东省建筑工程集团股份有限公司 关于收购5家光伏发电项目公司100%股权的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和 完整，没有虚假记载、误导性陈述或重大遗漏。 一、交易概述 （一）交易基本情况 为进一步扩大清洁能源发电业务规模，形成区域竞争优势和 规模优势，提高利润水平，广东省建筑工程集团股份有限公司（以 下简称"公司"）的全资子公司广东水电二局集团有限公司的全 资子公司广东粤水电能源投资集团有限公司（以下简称"粤水电 能源集团"）拟以自有资金 47,093.85 万元收购江苏林洋能源股 份有限公司（以下简称"林洋能源"）的全资子公司安徽林洋新 能源科技有限公司（以下简称"安徽林洋"）下属的 3 家项目公 司（濉溪县永瑞现代农业科技有限公司、濉溪永晖新能源科技有 限公司、阜阳永明农业太阳能发电有限公司），以及江苏林洋新 能源科技有限公司（以下简称"江苏林洋"）下属的 2 家项目公 司（江苏飞展能源科技有限公司、连云港林洋新能源有限公司）， 共计 5 家项目公司的 100%股权，涉及 9 个地面光伏项目，合计 直流侧装 ...

2025 年 6 月 3 日 广东省建筑工程集团股份有限公司（以下简称"公司"）原 指定的信息披露媒体为《中国证券报》《证券时报》《上海证券报》 及巨潮资讯网（http://www.cninfo.com.cn）。因与《上海证券 报》签订的信息披露服务协议于 2025 年 5 月 31 日到期，2025 年 6 月 1 日起公司指定信息披露媒体变更为《中国证券报》《证 券时报》及巨潮资讯网（http://www.cninfo.com.cn）。 公司所有公开披露的信息均以在《中国证券报》《证券时报》 及巨潮资讯网（http://www.cninfo.com.cn）上刊登的正式公告 为准，敬请广大投资者知悉。 特此公告。 广东省建筑工程集团股份有限公司董事会 证券代码：002060 证券简称：广东建工 公告编号：临 2025-037 广东省建筑工程集团股份有限公司 关于变更指定信息披露媒体的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和 完整，没有虚假记载、误导性陈述或重大遗漏。 ...

本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 广东省建筑工程集团股份有限公司 关于普洱市澜沧县芒弄村60MW茶光互补 光伏发电项目并网发电的公告 2025 年 5 月 23 日，广东省建筑工程集团股份有限公司（以 下简称"公司"）收到下属广东粤水电能源投资集团有限公司（以 下简称"粤水电能源集团"）的报告，粤水电能源集团的全资子 公司普洱粤水电能源有限公司投资建设的普洱市澜沧县芒弄村 60MW 茶光互补光伏发电项目全容量并网发电。 证券代码：002060 证券简称：广东建工 公告编号：临 2025-036 广东省建筑工程集团股份有限公司董事会 2025 年 5 月 24 日 该项目的并网发电对公司未来经营业绩有一定的提升作用。 截至目前，公司累计已投产发电的清洁能源项目总装机 4532.80MW，其中水力发电 380.50MW，风力发电 800.36MW，光伏 发电 3251.94MW，独立储能 100MW。 特此公告。 ...

证券代码：002060 证券简称：广东建工 公告编号：临 2025-035 广东省建筑工程集团股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确和 完整，没有虚假记载、误导性陈述或重大遗漏。 广东省建筑工程集团股份有限公司（以下简称"公司"）2024 年年度利润分配方案已获于 2025 年 5 月 20 日召开的 2024 年年 度股东大会审议通过，现将权益分派事宜公告如下： 一、股东大会审议通过利润分配方案情况 1.公司 2024 年年度股东大会审议通过了《公司 2024 年度利 润分配方案》，方案的具体内容为：2024 年度以实施权益分派 股权登记日的总股本为基数，向全体在册股东按每 10 股派发现 金股利人民币 1.40 元（含税）。 2.本次利润分配方案自披露之日起至实施期间公司股本总 额未发生变化。 3.本次实施的利润分配方案与公司 2024 年年度股东大会审 议通过的利润分配方案一致。 4.本次实施的利润分配方案按照分配总额不变的原则实施。 5.本次实施利润分配方案距离股东大会审议通过的时间未 超过两个月。 二、权益分派方案 - 1 - 证券代码：0 ...

Overview - The urbanization process in China is driving higher demands for municipal infrastructure, including transportation, water supply, drainage, and sewage treatment [1][10] - The municipal engineering contracting industry is experiencing rapid development due to the increasing need for infrastructure construction and renovation [1][10] - However, in recent years, the growth rate of municipal investment has slowed, leading to a significant decrease in municipal engineering contracting orders and revenue [1][10] Market Size - In 2024, the total revenue from municipal engineering contracting in China is projected to decline to 765.35 billion yuan, a year-on-year decrease of 6.06% [1][12] - The breakdown of total contracting revenue includes: urban rail transit engineering (36.1%), urban road and bridge engineering (14.7%), municipal landscaping engineering (11.4%), urban road greening engineering (10.2%), urban lighting engineering (7.5%), urban surface transportation engineering (5.0%), and urban parking lot construction engineering (4.2%) [1][12] Market Policies - The Chinese government has issued several policies to enhance the regulation of municipal engineering construction, streamline approval processes, and improve market order [5][7] - Key policies include measures to strengthen supervision of construction contracting, promote the update of municipal infrastructure equipment, and enhance the management of foreign contracting projects [5][7] Industry Chain - The upstream of the municipal engineering contracting industry includes suppliers of construction materials (concrete, steel, cement, etc.) and engineering machinery [8] - The downstream market primarily consists of government departments and state-owned enterprises, which are the largest demanders of municipal engineering projects [8] Competitive Landscape - The municipal engineering contracting industry in China is characterized by intense competition, with numerous enterprises, including large state-owned enterprises like China Communications Construction Company and China Railway Group [14][15] - The top 10 companies in the municipal engineering bidding market are all state-owned enterprises, indicating a strong presence of government-backed firms in the industry [14][15] Development Trends - The industry is expected to transition towards intelligent construction methods, utilizing technologies such as BIM to optimize design and operational processes [22] - There will be an increased focus on green building materials and sustainable construction practices in response to environmental concerns [22] - Opportunities for international expansion are anticipated as Chinese municipal engineering firms seek to participate in global markets, particularly under initiatives like the Belt and Road [22]

hu 广州市天河区珠江东路 32 号利通广场 29 层 邮编: 510623 29/F, Leatop Plaza, No.32 Zhujiang East Road, Tianhe District, Guangzhou, 510623 电话/Tel: +86 20 37392666 传真/Fax: +86 20 37392826 网址/Web：www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 北京市康达（广州）律师事务所 关于广东省建筑工程集团股份有限公司 2024 年年度股东大会的法律意见书 康达股会字【2025】第 0035 号 广东省建筑工程集团股份有限公司： 北京市康达(广州)律师事务所（以下简称"本所"）接受广东省建筑工程集团 股份有限公司(以下简称"广东建工"或"公司")的委托，指派本所律师参加广 东建工 2024 年年度股东大会(以下简称"本次会议")。 本所律师根据《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 ...