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广田集团:8月20日召开董事会会议
Mei Ri Jing Ji Xin Wen· 2025-08-21 13:13
Group 1 - The core viewpoint of the article highlights that Guangtian Group (SZ 002482) held its sixth board meeting on August 20, 2025, to discuss various proposals, including the implementation details for business expense management [1] - For the first half of 2025, Guangtian Group's revenue composition shows that the decoration and renovation industry accounted for 98.17% of its total revenue, while other businesses contributed 1.83% [1] - As of the report date, Guangtian Group's market capitalization stands at 6.8 billion yuan [1]
广田集团(002482.SZ):上半年净亏损7111.27万元
Ge Long Hui A P P· 2025-08-21 12:45
Group 1 - The company reported a revenue of 538 million yuan for the first half of 2025, representing a year-on-year growth of 223.89% [1] - The net profit attributable to shareholders of the listed company was -71.11 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -72.57 million yuan [1] - The basic earnings per share were -0.02 yuan [1]
广田集团(002482) - 半年度非经营性资金占用及其他关联资金往来情况汇总表
2025-08-21 11:16
上市公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位:深圳广田集团股份有限公司 金额单位:人民币万元 | | | | | | 年半年 2025 | 2025 年 半年度 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占 | | 占用方与上 | 上市公司核 | 年初 2025 | 度占用累计 | 占用资 | 年半年 2025 | 2025年度 | 占用形 | 占用性 | | 用 | 资金占用方名称 | 市公司的关 | 算的会计科 | 占用资金 | 发生金额(不 | 金的利 | 度偿还累计 | 占用资金 | 成原因 | 质 | | | | 联关系 | 目 | 余额 | 含利息) | 息(如 | 发生额 | 余额 | | | | | | | | | | 有) | | | | | | 控股股东、实际控 | | | | | | | | | | 非经营 | | 制人及其附属企 | | | | | | | | | | 性占用 | | 业 | | | | | | | | ...
广田集团(002482) - 2025年半年度财务报告
2025-08-21 11:16
一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 深圳广田集团股份有限公司 2025 年半年度财务报告 深圳广田集团股份有限公司 2025 年半年度财务报告 二〇二五年八月 深圳广田集团股份有限公司 2025 年半年度财务报告 财务报告 二、财务报表 财务附注中报表的单位为:元 1、合并资产负债表 编制单位:深圳广田集团股份有限公司 2025 年 06 月 30 日 单位:元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产: | | | | 货币资金 | 343,721,326.38 | 496,980,994.97 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 41,037,048.49 | 41,037,048.49 | | 衍生金融资产 | | | | 应收票据 | 66,379,157.26 | 24,648,804.71 | | 应收账款 | 306,470,500.07 | 280,208,876.99 | | 应收款项融资 | | | | 预付款项 | 12,523,638.78 | ...
广田集团(002482) - 半年报董事会决议公告
2025-08-21 11:15
深圳广田集团股份有限公司 第六届董事会第十次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假 记载、误导性陈述或重大遗漏。 深圳广田集团股份有限公司(以下简称"公司"或"广田集团")第六届董 事会第十次会议于2025年8月20日在公司会议室以现场结合通讯的方式召开。召 开本次会议的通知已于2025年8月10日以电子邮件方式发出。会议应参加表决的 董事6名,实际参加表决的董事6名,此次会议达到法定人数,符合《公司法》和 《公司章程》等有关规定。经与会董事认真审议表决,形成如下决议: 一、会议以6票赞成、0票反对、0票弃权的表决结果,审议并通过《关于公 司<2025年半年度报告>的议案》。 证券代码:002482 证券简称:广田集团 公告编号:2025-041 《2025年半年度报告摘要》详见公司指定信息披露媒体《证券时报》《证券 日报》《中国证券报》《上海证券报》及公司指定信息披露网站巨潮资讯网 (www.cninfo.com.cn)。 《2025年半年度报告全文》详见公司指定信息披露网站巨潮资讯网 (www.cninfo.com.cn)。 二、会议以6票赞成、0票反对、0票弃权 ...
广田集团(002482) - 2025 Q2 - 季度财报
2025-08-21 11:15
[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Section%201%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides important notices, the report's table of contents, and definitions of key terms for clarity [Important Notice](index=2&type=section&id=Important%20Notice) The company's board of directors and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content, and declare the financial report is true. Future plans mentioned in the report are subject to uncertainties, and the company will not distribute cash dividends, bonus shares, or convert capital reserves into share capital - The company's board of directors and senior management guarantee the **truthfulness, accuracy, and completeness** of the semi-annual report content and assume legal responsibility[4](index=4&type=chunk) - Company head Yan Jing, chief accountant Li Hui, and head of accounting department Qu Caiyun declare to guarantee the **truthfulness, accuracy, and completeness** of the financial report[4](index=4&type=chunk) - The company plans **not to distribute cash dividends, bonus shares, or convert capital reserves into share capital**[6](index=6&type=chunk) [Table of Contents](index=3&type=section&id=Table%20of%20Contents) This section lists the complete directory structure of the report, including nine main chapters and their starting page numbers, providing investors with quick navigation to the report content - The report is divided into **nine main chapters**, covering important notices, company profile, management discussion and analysis, corporate governance, significant matters, share changes, bond information, financial report, and other submitted data[8](index=8&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines key terms used in the report, including company name, relevant organizations, currency units, and reporting period, to ensure clear understanding of the report content - The reporting period refers to **January 1, 2025, to June 30, 2025**[11](index=11&type=chunk) - **"The Company", "Company", "The Group", "Guangtian Group"** all refer to Shenzhen Guangtian Group Co., Ltd[11](index=11&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Section%202%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section introduces the company's basic information, contact details, and presents key accounting data and financial indicators for the reporting period [Company Profile](index=6&type=section&id=I.%20Company%20Profile) Shenzhen Guangtian Group Co., Ltd. (stock code 002482) is listed on the Shenzhen Stock Exchange, with Yan Jing as its legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Guangtian Group | | Stock Code | 002482 | | Listed Stock Exchange | Shenzhen Stock Exchange | | Chinese Name | Shenzhen Guangtian Group Co., Ltd. | | Legal Representative | Yan Jing | [Contact Person and Contact Information](index=6&type=section&id=II.%20Contact%20Person%20and%20Contact%20Information) This section provides detailed contact information for the company's Board Secretary Guo Wenning and Securities Affairs Representative Wu Yuran, including address, phone, fax, and email Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Guo Wenning | Jian'gong Zhizhi Building (Guangtian Building), No. 2188 Hongling North Road, Tianxin Community, Sungang Street, Luohu District, Shenzhen | 0755-25886666-1187 | 0755-22190528 | zq@szgt.com | | Securities Affairs Representative | Wu Yuran | Jian'gong Zhizhi Building (Guangtian Building), No. 2188 Hongling North Road, Tianxin Community, Sungang Street, Luohu District, Shenzhen | 0755-25886666-1187 | 0755-22190528 | zq@szgt.com | [Other Information](index=6&type=section&id=III.%20Other%20Information) During the reporting period, there were no changes to the company's registered address, office address, website, email, information disclosure, or document storage locations; specific information can be found in the 2024 annual report - The company's contact information, information disclosure and storage locations, and other relevant data **remained unchanged** during the reporting period[15](index=15&type=chunk)[16](index=16&type=chunk)[17](index=17&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=IV.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In the first half of 2025, the company's operating revenue increased by 223.89% year-on-year, net loss attributable to shareholders narrowed by 40.36%, and net cash flow from operating activities narrowed by 28.76%. Total assets slightly increased, while net assets attributable to shareholders decreased by 12.36% Key Accounting Data and Financial Indicators (Current Period vs Prior Year) | Indicator | Current Period (RMB) | Prior Year (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 538,252,632.45 | 166,185,374.78 | 223.89% | | Net Profit Attributable to Listed Company Shareholders | -71,112,680.61 | -119,227,126.34 | 40.36% | | Net Profit Attributable to Listed Company Shareholders After Non-recurring Gains and Losses | -72,568,955.16 | -118,064,076.23 | 38.53% | | Net Cash Flow from Operating Activities | -141,881,418.34 | -199,170,510.77 | 28.76% | | Basic Earnings Per Share (RMB/share) | -0.02 | -0.03 | 33.33% | | Diluted Earnings Per Share (RMB/share) | -0.02 | -0.03 | 33.33% | | Weighted Average Return on Net Assets | -13.18% | -16.64% | 3.46% | | Total Assets (Period-End) | 2,532,655,861.98 | 2,507,343,836.29 | 1.01% | | Net Assets Attributable to Listed Company Shareholders (Period-End) | 504,194,998.64 | 575,307,679.25 | -12.36% | [Differences in Accounting Data under Domestic and Overseas Accounting Standards](index=7&type=section&id=V.%20Differences%20in%20Accounting%20Data%20under%20Domestic%20and%20Overseas%20Accounting%20Standards) During the reporting period, there were no differences in net profit and net assets between financial reports disclosed under International Accounting Standards or overseas accounting standards and Chinese Accounting Standards - The company had **no differences in accounting data** under domestic and overseas accounting standards during the reporting period[19](index=19&type=chunk)[20](index=20&type=chunk) [Non-recurring Gains and Losses and Amounts](index=7&type=section&id=VI.%20Non-recurring%20Gains%20and%20Losses%20and%20Amounts) The company's total non-recurring gains and losses for the reporting period amounted to RMB 1,456,274.55, primarily from government grants, reversal of impairment provisions for receivables, and other non-operating income and expenses Non-recurring Gains and Losses and Amounts | Item | Amount (RMB) | | :--- | :--- | | Government grants recognized in current profit or loss | 4,000.00 | | Reversal of impairment provisions for receivables subject to separate impairment testing | 227,000.00 | | Other non-operating income and expenses apart from the above | 1,226,662.05 | | Less: Income tax impact | 1,387.50 | | Total | 1,456,274.55 | [Management Discussion and Analysis](index=9&type=section&id=Section%203%20Management%20Discussion%20and%20Analysis) This section analyzes the company's main business operations, core competencies, financial performance, asset and liability status, and outlines risks and countermeasures [Main Business Activities During the Reporting Period](index=9&type=section&id=I.%20Main%20Business%20Activities%20During%20the%20Reporting%20Period) The construction and decoration industry, where the company operates, continues to develop steadily, with the market competition shifting from fragmented to concentrated. As a Shenzhen state-owned holding listed decoration enterprise, the company focused on market expansion, project execution, internal control management, and technological innovation during the reporting period, successfully undertaking several key projects, enhancing management standardization, and launching technological innovations such as the "Zhuzhao AI" application - The construction and decoration industry is closely related to national economic development, benefiting from urbanization and proactive real estate policies, and is in a phase of **continuous steady development**[25](index=25&type=chunk) - The company is a **Shenzhen state-owned holding listed decoration enterprise**, one of China's earliest architectural decoration engineering companies, and a leading comprehensive architectural decoration engineering contractor nationwide[26](index=26&type=chunk) - In the first half of 2025, the company undertook several key projects in market expansion, such as the Shenzhen Museum of Natural History and Shenzhen Donghu Water Plant Expansion and Renovation Project, maintaining its **advantage in regional public decoration**[26](index=26&type=chunk) - The company launched the **"Zhuzhao AI" application** in technological innovation, cumulatively applied for **6 utility model patents**, obtained **2 authorized patents**, and participated in drafting multiple national and local standards[26](index=26&type=chunk)[27](index=27&type=chunk) [Analysis of Core Competencies](index=10&type=section&id=II.%20Analysis%20of%20Core%20Competencies) The company's core competitiveness lies in its qualifications and brand, technological innovation, professional design, and professional construction. It holds numerous Class A/Grade I qualifications and industry honors, with technological innovation focused on digitalization, prefabrication, and green construction, design services covering multiple fields, and a mature and efficient construction management system - The company holds **over ten Class A/Grade I qualifications**, including Class I professional contracting for architectural decoration and renovation, and has received honors such as the **Zhan Tianyou Civil Engineering Award** and the **Luban Prize for Construction Project**[28](index=28&type=chunk) - The company highly values the commercialization of technological achievements, cumulatively holding **253 national patents**, leading/participating in drafting **163 national, industry, and local standards**, and approved as the **Guangdong Provincial Engineering Technology Research Center for Prefabricated Smart Interior Construction**[28](index=28&type=chunk) - The company's wholly-owned subsidiary, Shenzhen Guangtian Architectural Decoration Design Institute, possesses integrated service capabilities in **architectural planning, M&E, curtain walls, landscape architecture, interior decoration, lighting design, smart systems, and soft furnishings design**[29](index=29&type=chunk) [Analysis of Main Business Operations](index=10&type=section&id=III.%20Analysis%20of%20Main%20Business%20Operations) During the reporting period, the company's operating revenue significantly increased by 223.89%, primarily due to business volume recovery. Selling and administrative expenses decreased significantly, and financial expenses reduced due to lower debt costs. R&D investment increased by 76.79%. Decoration construction revenue accounted for 94.10%, with the South China region contributing 95.78% of operating revenue Key Financial Data Year-on-Year Changes | Indicator | Current Period (RMB) | Prior Year (RMB) | YoY Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 538,252,632.45 | 166,185,374.78 | 223.89% | Business recovery, increased volume | | Operating Cost | 508,327,848.01 | 153,787,549.15 | 230.54% | Business recovery, increased volume | | Selling Expenses | 19,016,166.69 | 28,567,631.41 | -33.43% | Quality and efficiency improvement, personnel integration | | Administrative Expenses | 53,063,092.06 | 81,797,315.31 | -35.13% | Cost reduction, improved asset operating efficiency | | Financial Expenses | 10,321,838.63 | 13,165,238.50 | -21.60% | Lower debt costs | | R&D Investment | 8,469,107.33 | 4,790,499.07 | 76.79% | Business gradually recovering, increased R&D investment | | Net Cash Flow from Operating Activities | -141,881,418.34 | -199,170,510.77 | 28.76% | Increased customer collections | Operating Revenue Composition (by Product and Region) | Category | Item | Current Period Amount (RMB) | Share of Operating Revenue (%) | YoY Change (%) | | :--- | :--- | :--- | :--- | :--- | | By Product | Decoration Construction | 506,503,718.10 | 94.10% | 279.40% | | | Decoration Design | 21,872,960.14 | 4.07% | -24.30% | | By Region | South China Region | 515,542,616.03 | 95.78% | 577.95% | Main Business Data Accounting for Over 10% of Company's Operating Revenue | Category | Item | Operating Revenue (RMB) | Operating Cost (RMB) | Gross Margin (%) | Operating Revenue YoY Change | Operating Cost YoY Change | Gross Margin YoY Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | By Industry | Construction and Decoration Industry | 528,376,678.24 | 497,636,266.94 | 5.82% | 225.37% | 231.57% | -1.76% | | By Product | Decoration Construction | 506,503,718.10 | 475,585,217.01 | 6.10% | 279.40% | 288.87% | -2.29% | | By Region | South China Region | 515,542,616.03 | 486,473,654.74 | 5.64% | 577.95% | 572.72% | 0.74% | [Analysis of Non-Main Business Operations](index=12&type=section&id=IV.%20Analysis%20of%20Non-Main%20Business%20Operations) During the reporting period, the company had no non-main business operations - The company had **no non-main business operations** during the reporting period[37](index=37&type=chunk) [Analysis of Assets and Liabilities](index=12&type=section&id=V.%20Analysis%20of%20Assets%20and%20Liabilities) At the end of the reporting period, the company's total assets slightly increased by 1.01%, while net assets attributable to shareholders decreased by 12.36%. Monetary funds decreased, while accounts receivable, contract assets, and inventories increased. Long-term borrowings remained stable. The company holds financial assets measured at fair value, and certain assets (monetary funds, fixed assets, intangible assets) have restricted rights Significant Changes in Asset Composition | Item | Period-End Amount (RMB) | Share of Total Assets (%) | Prior Year-End Amount (RMB) | Share of Total Assets (%) | Change in Share (%) | | :--- | :--- | :--- | :--- | :--- | :--- | | Monetary Funds | 343,721,326.38 | 13.57% | 496,980,994.97 | 19.82% | -6.25% | | Accounts Receivable | 306,470,500.07 | 12.10% | 280,208,876.99 | 11.18% | 0.92% | | Contract Assets | 299,928,333.11 | 11.84% | 231,058,615.39 | 9.22% | 2.62% | | Inventory | 70,759,410.92 | 2.79% | 30,002,828.15 | 1.20% | 1.59% | | Long-term Borrowings | 1,243,211,961.61 | 49.09% | 1,245,211,961.61 | 49.66% | -0.57% | Financial Assets Measured at Fair Value | Item | Period-End Amount (RMB) | | :--- | :--- | | Financial assets held for trading | 41,037,048.49 | | Total | 41,037,048.49 | Asset Rights Restriction Status | Item | Period-End Carrying Value (RMB) | Restriction Type | Restriction Details | | :--- | :--- | :--- | :--- | | Monetary Funds | 82,992,720.41 | Court freeze, deposits, and time deposits | Court freeze, deposits, and time deposits | | Fixed Assets | 714,755,085.04 | Pledge | Pledged for loans | | Intangible Assets | 408,974,469.69 | Pledge | Pledged for loans | | Total | 1,206,722,275.14 | | | [Analysis of Investment Status](index=14&type=section&id=VI.%20Analysis%20of%20Investment%20Status) During the reporting period, the company did not undertake significant equity or non-equity investments, nor did it have securities or derivative investments - The company had **no securities or derivative investments** during the reporting period[43](index=43&type=chunk)[44](index=44&type=chunk) [Significant Asset and Equity Sales](index=15&type=section&id=VII.%20Significant%20Asset%20and%20Equity%20Sales) During the reporting period, the company did not sell significant assets or equity - The company **did not sell significant assets or equity** during the reporting period[47](index=47&type=chunk)[48](index=48&type=chunk) [Analysis of Major Holding and Participating Companies](index=15&type=section&id=VIII.%20Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) During the reporting period, the company had no significant holding or participating company information that required disclosure - The company had **no significant holding or participating company information** requiring disclosure during the reporting period[48](index=48&type=chunk) [Structured Entities Controlled by the Company](index=15&type=section&id=IX.%20Structured%20Entities%20Controlled%20by%20the%20Company) During the reporting period, the company did not control any structured entities - The company **did not control any structured entities** during the reporting period[49](index=49&type=chunk) [Risks Faced by the Company and Countermeasures](index=15&type=section&id=X.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces market competition, technological innovation, and production safety risks. Countermeasures include improving performance quality, increasing technological investment, strictly implementing production safety management systems, and utilizing intelligent tools - The company faces **increasingly fierce market competition risk** in the construction and decoration industry and will enhance competitiveness through high-quality performance and application of technological achievements[49](index=49&type=chunk) - The company actively responds to **technological innovation risk**, will continue to invest in R&D, and enhance the commercialization of technological achievements[49](index=49&type=chunk) - The company emphasizes **production safety responsibility**, will strictly implement management systems, adopt intelligent tools, and strengthen safety inspections to eliminate hazards[49](index=49&type=chunk) [Implementation of Market Value Management System and Valuation Enhancement Plan](index=15&type=section&id=XI.%20Implementation%20of%20Market%20Value%20Management%20System%20and%20Valuation%20Enhancement%20Plan) The company has not disclosed a market value management system or valuation enhancement plan - The company has **not formulated a market value management system** nor disclosed a valuation enhancement plan[50](index=50&type=chunk) ["Quality and Return Dual Enhancement" Action Plan Implementation](index=16&type=section&id=XII.%20%22Quality%20and%20Return%20Dual%20Enhancement%22%20Action%20Plan%20Implementation) The company has not disclosed an announcement regarding the "Quality and Return Dual Enhancement" action plan - The company has **not disclosed an announcement** regarding the "Quality and Return Dual Enhancement" action plan[51](index=51&type=chunk) [Corporate Governance, Environment, and Society](index=17&type=section&id=Section%204%20Corporate%20Governance%2C%20Environment%2C%20and%20Society) This section covers changes in corporate governance, profit distribution, employee incentives, environmental disclosures, and the company's social responsibility initiatives [Changes in Directors, Supervisors, and Senior Management](index=17&type=section&id=I.%20Changes%20in%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, there were several changes in the company's directors, supervisors, and senior management, including Yan Jing being elected as a director and appointed as president, Li Hui being appointed as CFO, and Yu Qi, Zhang Jin, Zheng Zhiyuan, Li Weishe, Luo Anfeng, and Liu Huihua resigning, primarily due to job transfers or supervisory board reform Directors, Supervisors, Senior Management Changes | Name | Position Held | Type | Date | Reason | | :--- | :--- | :--- | :--- | :--- | | Yan Jing | Director | Elected | 2025年02月26日 | Job transfer | | Yan Jing | President | Appointed | 2025年02月10日 | Job transfer | | Li Hui | CFO | Appointed | 2025年08月08日 | Job transfer | | Yu Qi | Chairman | Resigned | 2025年07月01日 | Job transfer | | Zhang Jin | Chairman of Supervisory Board | Resigned | 2025年08月08日 | Supervisory board reform | | Zheng Zhiyuan | Director | Resigned | 2025年08月07日 | Job transfer | | Zheng Zhiyuan | CFO | Resigned | 2025年08月07日 | Job transfer | [Profit Distribution and Capital Reserve Conversion to Share Capital During the Reporting Period](index=17&type=section&id=II.%20Profit%20Distribution%20and%20Capital%20Reserve%20Conversion%20to%20Share%20Capital%20During%20the%20Reporting%20Period) The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the half-year period - The company plans **not to distribute cash dividends, bonus shares, or convert capital reserves into share capital** for the half-year period[54](index=54&type=chunk) [Implementation of Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=17&type=section&id=III.%20Implementation%20of%20Equity%20Incentive%20Plans%20%2C%20Employee%20Stock%20Ownership%20Plans%2C%20or%20Other%20Employee%20Incentive%20Measures) During the reporting period, the company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures and their implementation - The company had **no equity incentive plans, employee stock ownership plans, or other employee incentive measures** and their implementation during the reporting period[55](index=55&type=chunk) [Environmental Information Disclosure](index=17&type=section&id=IV.%20Environmental%20Information%20Disclosure) The company and its major subsidiaries were not included in the list of enterprises required to disclose environmental information by law - The listed company and its major subsidiaries were **not included in the list of enterprises required to disclose environmental information by law**[56](index=56&type=chunk) [Social Responsibility](index=17&type=section&id=V.%20Social%20Responsibility) The company actively fulfills its social responsibilities by ensuring shareholder and creditor rights through standardized operations and sound information disclosure; strengthening human resource management and improving the production environment to protect employee rights; attaching great importance to environmental protection, obtaining environmental management system certification, increasing technological innovation, promoting green construction and environmentally friendly materials; and actively participating in rural revitalization activities - The company treats all shareholders and investors fairly through **standardized operations and sound information disclosure systems**, effectively safeguarding the legitimate rights and interests of all shareholders and creditors[57](index=57&type=chunk)[58](index=58&type=chunk) - The company creates a good production and living environment for employees by improving the **GB/T 24001-2016 Environmental Management System** and **GB/T 45001-2020 Occupational Health and Safety Management System**[59](index=59&type=chunk) - The company highly values environmental protection, obtaining **environmental management system certification**, strictly controlling waste gas, wastewater, waste residue, and noise during production, with **no environmental pollution incidents or violations** during the reporting period[60](index=60&type=chunk)[61](index=61&type=chunk) - The company increases **technological innovation**, promotes industrialization, deepens R&D in prefabricated decoration technology and green construction, adopts the **"GT Prefabricated Technology System"**, promotes environmentally friendly materials, and supports the industry's green transformation[62](index=62&type=chunk)[63](index=63&type=chunk) - During the reporting period, the company actively responded to the **"6·30" Rural Revitalization Support initiative**, mobilizing all Group employees for charitable donations[64](index=64&type=chunk) [Significant Matters](index=20&type=section&id=Section%205%20Significant%20Matters) This section details significant matters including commitment fulfillment, related party transactions, litigation, and the integrity status of the company and its controlling shareholder [Fulfillment of Commitments by Controlling Shareholder, Shareholders, Related Parties, Acquirers, and the Company During and After the Reporting Period](index=20&type=section&id=I.%20Fulfillment%20of%20Commitments%20by%20Controlling%20Shareholder%2C%20Shareholders%2C%20Related%20Parties%2C%20Acquirers%2C%20and%20the%20Company%20During%20and%20After%20the%20Reporting%20Period) During the reporting period, the company's controlling shareholder Shenzhen Special Construction Group Co., Ltd., and former controlling shareholder Guangtian Holding Group Co., Ltd., Ye Yuanxi, and other relevant parties fulfilled their commitments normally, including avoiding horizontal competition, standardizing and reducing related party transactions, restricting share sales, and ensuring the company's independence, with no overdue unfulfilled commitments - Shenzhen Special Construction Group Co., Ltd. committed to resolving horizontal competition issues through various measures such as asset restructuring, business adjustments, and entrusted management during its controlling period, and to ensure the company's operating assets, key personnel, finances, and funds are **strictly separated and independently operated**[66](index=66&type=chunk)[67](index=67&type=chunk)[68](index=68&type=chunk) - Shenzhen Special Construction Group Co., Ltd. committed **not to transfer its Guangtian Group shares within thirty-six months** from the date of acquiring the converted shares[69](index=69&type=chunk) - Guangtian Holding Group Co., Ltd. and Ye Yuanxi **irrevocably waived voting rights** for a total of **375,096,237 Guangtian Group shares (10.00% of total share capital)**[72](index=72&type=chunk) - All commitments were **fulfilled on time**, with no overdue unfulfilled situations[73](index=73&type=chunk) [Non-operating Fund Occupation by Controlling Shareholder and Other Related Parties](index=27&type=section&id=II.%20Non-operating%20Fund%20Occupation%20by%20Controlling%20Shareholder%20and%20Other%20Related%20Parties) During the reporting period, there was no non-operating occupation of funds by the controlling shareholder or other related parties of the listed company - The company had **no non-operating occupation of funds** by the controlling shareholder or other related parties of the listed company during the reporting period[74](index=74&type=chunk) [Irregular External Guarantees](index=27&type=section&id=III.%20Irregular%20External%20Guarantees) During the reporting period, the company had no irregular external guarantees - The company had **no irregular external guarantees** during the reporting period[75](index=75&type=chunk) [Appointment and Dismissal of Accounting Firms](index=28&type=section&id=IV.%20Appointment%20and%20Dismissal%20of%20Accounting%20Firms) The company's semi-annual report is unaudited - The company's semi-annual report is **unaudited**[76](index=76&type=chunk) [Board of Directors' and Supervisory Board's Explanations on "Non-Standard Audit Report" for the Current Period](index=28&type=section&id=V.%20Board%20of%20Directors%27%20and%20Supervisory%20Board%27s%20Explanations%20on%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Current%20Period) The company had no non-standard audit report during the reporting period - The company had **no non-standard audit report** during the reporting period[77](index=77&type=chunk) [Board of Directors' Explanations on "Non-Standard Audit Report" for the Previous Year](index=28&type=section&id=VI.%20Board%20of%20Directors%27%20Explanations%20on%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Previous%20Year) The company had no non-standard audit report during the reporting period - The company had **no non-standard audit report** during the reporting period[77](index=77&type=chunk) [Bankruptcy Reorganization Matters](index=28&type=section&id=VII.%20Bankruptcy%20Reorganization%20Matters) The company had no bankruptcy reorganization matters during the reporting period - The company had **no bankruptcy reorganization matters** during the reporting period[77](index=77&type=chunk) [Litigation Matters](index=28&type=section&id=VIII.%20Litigation%20Matters) During the reporting period, the company had one significant litigation and arbitration matter: Shenzhen Qianhai Xingbang Commercial Factoring Co., Ltd. v. Guangtian Group regarding a factoring contract dispute, involving RMB 81.4339 million. The case has been mediated, with both parties agreeing to a settlement. The creditor's rights will be handled according to the company's Reorganization Plan, and it is not expected to have a significant impact on the company's current or future profits Significant Litigation and Arbitration Matters | Litigation (Arbitration) Details | Amount Involved (RMB 10,000) | Provision Formed | Litigation (Arbitration) Progress | Litigation (Arbitration) Outcome and Impact | | :--- | :--- | :--- | :--- | :--- | | Shenzhen Qianhai Xingbang Commercial Factoring Co., Ltd. v. Guangtian Group regarding factoring contract dispute | 8,143.39 | No | Mediated, both parties agreed to a settlement. Shenzhen Baojia Enterprise Service Co., Ltd. holds ordinary bankruptcy claims of RMB 56.0063 million, to be settled according to the Reorganization Plan. All litigation costs, including case acceptance fees, are borne by Shenzhen Baojia. | This case arose from pre-reorganization creditor-debtor disputes. Relevant claims will be handled according to the company's Reorganization Plan and the Enterprise Bankruptcy Law. It is not expected to have a significant impact on the company's current or future profits. | [Penalties and Rectification](index=29&type=section&id=IX.%20Penalties%20and%20Rectification) The company had no penalties or rectification during the reporting period - The company had **no penalties or rectification** during the reporting period[79](index=79&type=chunk) [Integrity Status of the Company, its Controlling Shareholder, and Actual Controller](index=29&type=section&id=X.%20Integrity%20Status%20of%20the%20Company%2C%20its%20Controlling%20Shareholder%2C%20and%20Actual%20Controller) The company's operations have recovered well, and its credit status is good. The controlling shareholder Shenzhen Special Construction Group and actual controller Shenzhen SASAC have good integrity, with no unfulfilled effective court judgments or large overdue debts - The company's operations have **recovered well**, and its credit status is good[80](index=80&type=chunk) - The controlling shareholder, Shenzhen Special Construction Group, and the actual controller, Shenzhen SASAC, have **good integrity**, with no unfulfilled effective court judgments or large overdue debts[80](index=80&type=chunk) [Significant Related Party Transactions](index=29&type=section&id=XI.%20Significant%20Related%20Party%20Transactions) During the reporting period, the company engaged in daily operating related party transactions with its controlling shareholder, Shenzhen Special Construction Group, and its affiliates, primarily including engineering construction and design services, leasing services, and material purchases, totaling RMB 226.3011 million, all within the approved limits. The company had no other significant related party transactions involving asset or equity acquisition/disposal, joint external investment, related party creditor-debtor relationships, or transactions with finance companies Related Party Transactions Related to Daily Operations | Related Party | Related Party Transaction Type | Related Party Transaction Content | Related Party Transaction Amount (RMB 10,000) | Approved Transaction Limit (RMB 10,000) | Exceeded Approved Limit | | :--- | :--- | :--- | :--- | :--- | :--- | | Shenzhen Special Construction Group and its affiliates | Services provided to related parties | Engineering construction and design services, etc. | 17,672.51 | 120,000 | No | | Shenzhen Special Construction Group and its affiliates | Services provided to related parties | Leasing services | 4,293.45 | 10,000 | No | | Shenzhen Special Construction Group and its affiliates | Purchase of materials, engineering services, etc. | Purchase of materials, engineering services, etc. | 664.15 | 20,000 | No | | Total | | | 22,630.11 | 150,000 | | - The company had **no related party transactions involving asset or equity acquisition/disposal**, nor **joint external investment related party transactions** during the reporting period[83](index=83&type=chunk)[84](index=84&type=chunk) - The company had **no related party creditor-debtor relationships**, nor **transactions with finance companies** with related party relationships during the reporting period[85](index=85&type=chunk)[86](index=86&type=chunk)[87](index=87&type=chunk) [Significant Contracts and Their Performance](index=31&type=section&id=XII.%20Significant%20Contracts%20and%20Their%20Performance) During the reporting period, the company had no trusteeship, contracting, leasing, significant guarantees, entrusted wealth management, or other significant contracts - The company had **no trusteeship, contracting, or leasing** during the reporting period[89](index=89&type=chunk)[90](index=90&type=chunk)[91](index=91&type=chunk) - The company had **no significant guarantees, entrusted wealth management, or other significant contracts** during the reporting period[92](index=92&type=chunk)[93](index=93&type=chunk)[94](index=94&type=chunk) [Explanation of Other Significant Matters](index=31&type=section&id=XIII.%20Explanation%20of%20Other%20Significant%20Matters) The company had no other significant matters requiring explanation during the reporting period - The company had **no other significant matters** requiring explanation during the reporting period[95](index=95&type=chunk)[96](index=96&type=chunk) [Significant Matters of Company Subsidiaries](index=32&type=section&id=XIV.%20Significant%20Matters%20of%20Company%20Subsidiaries) The company had no significant subsidiary matters during the reporting period - The company had **no significant subsidiary matters** during the reporting period[97](index=97&type=chunk) [Share Changes and Shareholder Information](index=33&type=section&id=Section%206%20Share%20Changes%20and%20Shareholder%20Information) This section outlines changes in share capital, securities issuance, shareholder structure, and shareholding changes of directors, supervisors, and senior management [Share Changes](index=33&type=section&id=I.%20Share%20Changes) During the reporting period, the company's restricted shares increased by 150,000 shares, unrestricted shares decreased by 150,000 shares, and total share capital remained unchanged. The change was primarily due to the locking of shares held by former senior executive Li Weishe in accordance with lock-up rules Share Changes | Share Type | Quantity Before Change (shares) | Change (shares) | Quantity After Change (shares) | | :--- | :--- | :--- | :--- | | I. Restricted Shares | 7,252,562 | +150,000 | 7,402,562 | | II. Unrestricted Shares | 3,743,709,801 | -150,000 | 3,743,559,801 | | III. Total Shares | 3,750,962,363 | 0 | 3,750,962,363 | - The share change was primarily due to the **locking of shares held by former senior executive Li Weishe** in accordance with director, supervisor, and senior management lock-up rules[101](index=101&type=chunk) Restricted Share Changes | Shareholder Name | Beginning Restricted Shares (shares) | Current Period Increase in Restricted Shares (shares) | Period-End Restricted Shares (shares) | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | | Li Weishe | 450,000 | 150,000 | 600,000 | Senior executive restricted shares | [Securities Issuance and Listing](index=35&type=section&id=II.%20Securities%20Issuance%20and%20Listing) The company had no securities issuance or listing during the reporting period - The company had **no securities issuance or listing** during the reporting period[104](index=104&type=chunk) [Number of Shareholders and Shareholding Status](index=35&type=section&id=III.%20Number%20of%20Shareholders%20and%20Shareholding%20Status) At the end of the reporting period, the total number of common shareholders was 44,572. Shenzhen Special Construction Group Co., Ltd. was the largest shareholder, holding 22.00% of shares. Guangtian Holding Group Co., Ltd. held 15.29% of shares, which were pledged and frozen. Ye Yuanxi held 5.12% of shares, which were also pledged and frozen. Guangtian Holding and Ye Yuanxi have irrevocably waived voting rights for a total of 10.00% of Guangtian Group shares - At the end of the reporting period, the total number of common shareholders was **44,572**[105](index=105&type=chunk) Shareholding Status of Shareholders Holding 5% or More or Top 10 Shareholders | Shareholder Name | Shareholder Nature | Shareholding Ratio (%) | Period-End Shareholding (shares) | Pledge, Mark, or Freeze Status | | :--- | :--- | :--- | :--- | :--- | | Shenzhen Special Construction Group Co., Ltd. | State-owned legal entity | 22.00% | 825,211,720 | N/A | | Guangtian Holding Group Co., Ltd. | Domestic non-state-owned legal entity | 15.29% | 573,694,098 | Pledged 573,691,524 shares, Frozen 573,694,098 shares | | Ye Yuanxi | Overseas natural person | 5.12% | 192,000,000 | Pledged 192,000,000 shares, Frozen 192,000,000 shares | - Guangtian Holding Group Co., Ltd. and Ye Yuanxi **irrevocably waived voting rights** for a total of **375,096,237 Guangtian Group shares (10.00% of total share capital)**[106](index=106&type=chunk) [Shareholding Changes of Directors, Supervisors, and Senior Management](index=37&type=section&id=IV.%20Shareholding%20Changes%20of%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) There were no changes in the shareholdings of the company's directors, supervisors, and senior management during the reporting period; specific details can be found in the 2024 annual report - There were **no changes in the shareholdings** of the company's directors, supervisors, and senior management during the reporting period[108](index=108&type=chunk) [Changes in Controlling Shareholder or Actual Controller](index=37&type=section&id=V.%20Changes%20in%20Controlling%20Shareholder%20or%20Actual%20Controller) There were no changes in the company's controlling shareholder or actual controller during the reporting period - The company's **controlling shareholder did not change** during the reporting period[109](index=109&type=chunk) - The company's **actual controller did not change** during the reporting period[109](index=109&type=chunk) [Preferred Share Related Information](index=38&type=section&id=VI.%20Preferred%20Share%20Related%20Information) The company had no preferred shares during the reporting period - The company had **no preferred shares** during the reporting period[110](index=110&type=chunk) [Bond-Related Information](index=39&type=section&id=Section%207%20Bond-Related%20Information) This section provides information regarding the company's bond-related activities and status during the reporting period [Bond-Related Information](index=39&type=section&id=Bond-Related%20Information) The company had no bond-related information during the reporting period - The company had **no bond-related information** during the reporting period[112](index=112&type=chunk) [Financial Report](index=40&type=section&id=Section%208%20Financial%20Report) This section presents the company's unaudited semi-annual financial statements, including balance sheets, income statements, cash flow statements, and detailed notes on accounting policies and financial items [Audit Report](index=40&type=section&id=I.%20Audit%20Report) The company's semi-annual financial report is unaudited - The company's semi-annual financial report is **unaudited**[114](index=114&type=chunk) [Financial Statements](index=40&type=section&id=II.%20Financial%20Statements) This section provides the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity for the first half of 2025, presenting the financial position, operating results, and cash flow at the end of the reporting period - The consolidated balance sheet shows total assets at period-end were **RMB 2,532,655,861.98**, and total equity attributable to parent company owners was **RMB 504,194,998.64**[118](index=118&type=chunk) - The consolidated income statement shows total operating revenue for the period was **RMB 538,252,632.45**, and net profit attributable to parent company shareholders was **RMB -71,112,680.61**[125](index=125&type=chunk)[126](index=126&type=chunk) - The consolidated cash flow statement shows net cash flow from operating activities was **RMB -141,881,418.34**, and net increase in cash and cash equivalents was **RMB -172,655,227.34**[130](index=130&type=chunk)[131](index=131&type=chunk) [Company Profile](index=57&type=section&id=III.%20Company%20Profile) Shenzhen Guangtian Group Co., Ltd., established in 1995 and listed in 2010, has a registered capital of RMB 3,750,962,363.00. The company's main business is architectural decoration design and engineering construction. In 2023, the reorganization plan was completed, increasing total share capital, changing the controlling shareholder to Shenzhen Special Construction Group Co., Ltd., and the actual controller to Shenzhen Municipal People's Government State-owned Assets Supervision and Administration Commission. As of June 30, 2025, the Group had 3 subsidiaries included in the scope of consolidation - Shenzhen Guangtian Group Co., Ltd. was established on **July 14, 1995**, and its shares were listed on the Shenzhen Stock Exchange on **September 29, 2010**[149](index=149&type=chunk)[150](index=150&type=chunk) - The company's registered capital is **RMB 3,750,962,363.00**, and total share capital is **3,750,962,363.00 shares**[150](index=150&type=chunk) - The company's main business is **decoration design and decoration engineering construction**, with main products being decoration construction and decoration design[150](index=150&type=chunk) - The company executed a reorganization plan in 2023, increasing total share capital from **1,537,279,657.00 shares to 3,750,962,363.00 shares**[150](index=150&type=chunk) - The company's controlling shareholder changed to **Shenzhen Special Construction Group Co., Ltd.**, and the actual controller changed to the **Shenzhen Municipal People's Government State-owned Assets Supervision and Administration Commission**[150](index=150&type=chunk) - As of June 30, 2025, the Group had a total of **3 subsidiaries included in the scope of consolidation**[151](index=151&type=chunk) [Basis of Financial Statement Preparation](index=58&type=section&id=IV.%20Basis%20of%20Financial%20Statement%20Preparation) The Group's financial statements are prepared on a going concern basis, in accordance with Enterprise Accounting Standards and relevant disclosure regulations of the China Securities Regulatory Commission, using the accrual basis and historical cost measurement. The company has no matters that raise significant doubts about its ability to continue as a going concern within 12 months from the end of the reporting period - The Group's financial statements are prepared on a **going concern basis**, in accordance with Enterprise Accounting Standards and the China Securities Regulatory Commission's "Information Disclosure Rules for Companies Issuing Securities No. 15 – General Provisions for Financial Reports (Revised 2023)"[152](index=152&type=chunk) - Accounting is based on the **accrual basis**, and except for certain financial instruments, all are measured at **historical cost**[152](index=152&type=chunk) - The company has **no matters or circumstances that could raise significant doubts** about its ability to continue as a going concern within 12 months from the end of the reporting period[153](index=153&type=chunk) [Significant Accounting Policies and Accounting Estimates](index=58&type=section&id=V.%20Significant%20Accounting%20Policies%20and%20Accounting%20Estimates) This section details the company's specific accounting policies and estimates for financial asset impairment, fixed asset depreciation, intangible asset amortization, revenue recognition, and explains the basis for significant accounting judgments and estimates, including financial asset impairment, long-term asset impairment provisions, depreciation and amortization, deferred income tax assets, and income tax - The financial statements prepared by the company comply with the requirements of Enterprise Accounting Standards, **truthfully and completely reflecting the financial position, operating results, and cash flows**[156](index=156&type=chunk) - The company classifies financial assets into three categories: **measured at amortized cost, measured at fair value with changes recognized in other comprehensive income, and measured at fair value with changes recognized in current profit or loss**[185](index=185&type=chunk) - The company's revenue recognition principle is to recognize revenue when the customer obtains control of the related goods, and **architectural decoration business revenue is recognized over time based on performance progress**[258](index=258&type=chunk)[259](index=259&type=chunk)[260](index=260&type=chunk) - Significant accounting judgments and estimates include **financial asset impairment, long-term asset impairment provisions, depreciation and amortization, deferred income tax assets, and income tax**[281](index=281&type=chunk)[282](index=282&type=chunk)[283](index=283&type=chunk)[284](index=284&type=chunk)[285](index=285&type=chunk)[286](index=286&type=chunk)[287](index=287&type=chunk) [Taxation](index=88&type=section&id=VI.%20Taxation) This section lists the company's main tax categories and rates, including VAT, urban maintenance and construction tax, corporate income tax, education surcharge, and local education surcharge. Subsidiary Shenzhen Guangtian Curtain Wall Co., Ltd. qualifies as a small and micro-enterprise and enjoys preferential corporate income tax policies Main Tax Categories and Rates | Tax Type | Tax Basis | Tax Rate (%) | | :--- | :--- | :--- | | VAT | Sale of goods or provision of taxable services | 3%、6%、9%、13% | | Urban Maintenance and Construction Tax | Amount of turnover tax payable | 5%、7% | | Corporate Income Tax | Taxable income | 25% (The Company, Design Institute, Supply Chain Company);20% (Guangtian Curtain Wall) | | Education Surcharge | Amount of turnover tax payable | 3% | | Local Education Surcharge | Amount of turnover tax payable | 2% | - Subsidiary Shenzhen Guangtian Curtain Wall Co., Ltd. qualifies as a small and micro-enterprise, and the portion of annual taxable income **≤ RMB 3 million is reduced by 25%** and taxed at a **20% corporate income tax rate**[289](index=289&type=chunk) [Notes to Consolidated Financial Statement Items](index=89&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statement%20Items) This section details the period-end balances, beginning-of-period balances, and changes for each major item in the consolidated financial statements, including monetary funds, various receivables, inventories, long-term equity investments, fixed assets, intangible assets, deferred tax assets and liabilities, various payables, owners' equity, operating revenue and costs, various expenses, and profit/loss items, along with important notes such as restricted asset status, bad debt provision, and related party transactions - Period-end monetary funds were **RMB 343,721,326.38**, of which **RMB 82,992,720.41** were restricted funds, mainly due to court freezes, deposits, and time deposits[291](index=291&type=chunk) - Accounts receivable period-end balance was **RMB 306,470,500.07**, with the architectural decoration business portfolio accounting for **94.06%**, and the South China region contributing **95.78% of operating revenue**[310](index=310&type=chunk)[314](index=314&type=chunk) - Contract assets period-end balance was **RMB 299,928,333.11**, primarily for construction project payments not yet settled by owners[325](index=325&type=chunk) - Operating revenue for the current period was **RMB 538,252,632.45**, a **223.89% year-on-year increase**, mainly due to business recovery[31](index=31&type=chunk)[526](index=526&type=chunk) - Net cash flow from operating activities was **RMB -141,881,418.34**, a **28.76% narrowing of loss** compared to the same period last year, mainly due to increased customer collections[31](index=31&type=chunk)[130](index=130&type=chunk) [Research and Development Expenses](index=143&type=section&id=VIII.%20Research%20and%20Development%20Expenses) During the reporting period, the company had no R&D projects that met capitalization criteria, and all R&D expenses were recognized in current profit or loss - The company had **no R&D projects that met capitalization criteria** during the reporting period[578](index=578&type=chunk) [Changes in Consolidation Scope](index=144&type=section&id=IX.%20Changes%20in%20Consolidation%20Scope) During the reporting period, the company did not experience changes in the scope of consolidation due to business combinations not involving entities under common control, business combinations involving entities under common control, reverse acquisitions, or disposal of subsidiaries, nor were there changes in the scope of consolidation due to other reasons - The company had **no business combinations not involving entities under common control** during the reporting period[581](index=581&type=chunk) - The company had **no business combinations involving entities under common control** during the reporting period[585](index=585&type=chunk) - The company had **no reverse acquisitions** during the reporting period[588](index=588&type=chunk) - The company had **no transactions or events resulting in loss of control over subsidiaries** during the reporting period[588](index=588&type=chunk) [Equity in Other Entities](index=148&type=section&id=X.%20Equity%20in%20Other%20Entities) This section discloses the company's equity interests in subsidiaries and associates. The company owns three wholly-owned subsidiaries: Shenzhen Guangtian Curtain Wall Co., Ltd., Shenzhen Guangtian Architectural Decoration Design Institute, and Shenzhen Guangtian Supply Chain Management Co., Ltd. It holds equity in associate Shijie Technology (Shenzhen) Co., Ltd., but has no significant joint ventures Composition of the Enterprise Group | Subsidiary Name | Registered Capital (RMB) | Business Nature | Shareholding Ratio (Direct) (%) | | :--- | :--- | :--- | :--- | | Shenzhen Guangtian Curtain Wall Co., Ltd. | 12,000,000.00 | Architectural Curtain Wall | 100.00% | | Shenzhen Guangtian Architectural Decoration Design Institute | 10,000,000.00 | Decoration Design | 100.00% | | Shenzhen Guangtian Supply Chain Management Co., Ltd. | 200,000,000.00 | Commercial | 100.00% | - The company holds equity in associate Shijie Technology (Shenzhen) Co., Ltd., with a recognized net profit of **RMB -124.65** for the current period[603](index=603&type=chunk) [Government Grants](index=153&type=section&id=XI.%20Government%20Grants) During the reporting period, government grants recognized in current profit or loss amounted to RMB 4,000.00, primarily recorded under other income Government Grants Recognized in Current Profit or Loss | Account | Current Period Amount (RMB) | | :--- | :--- | | Other Income | 4,000.00 | [Risks Related to Financial Instruments](index=153&type=section&id=XII.%20Risks%20Related%20to%20Financial%20Instruments) The company faces credit risk, liquidity risk, and market risk (interest rate risk and foreign exchange risk). The company manages these risks through credit assessment, bank credit lines, and optimizing its financing structure. As of June 30, 2025, the company's receivables have some credit concentration risk, and it faces cash flow interest rate risk from floating-rate bank borrowings, but foreign exchange risk is not significant - The company faces **credit risk, liquidity risk, and market risk (interest rate risk and foreign exchange risk)**[607](index=607&type=chunk) - **41.57% of the company's receivables** originated from the top five customers, indicating some **credit concentration risk**[615](index=615&type=chunk) - As of June 30, 2025, the company had **unused bank credit lines of RMB 658.7918 million** to address liquidity risk[617](index=617&type=chunk) - The company's floating-rate bank borrowings amounted to **RMB 1,247,773,207.00**, exposing it to **cash flow interest rate risk**[621](index=621&type=chunk) - The company's main business is denominated in RMB, and the **foreign exchange fluctuation market risk undertaken is not significant**[622](index=622&type=chunk) [Fair Value Disclosure](index=157&type=section&id=XIII.%20Fair%20Value%20Disclosure) This section discloses the fair value of the company's assets and liabilities measured at fair value at the end of the period, primarily the "Guangxin·Guangqi·Dingxin No. 1 Service Trust Beneficiary Share" within financial assets held for trading, which uses the cost method as the valuation basis and is classified as Level 3 fair value measurement Period-End Fair Value of Assets and Liabilities Measured at Fair Value | Item | Level 3 Fair Value Measurement (RMB) | Total (RMB) | | :--- | :--- | :--- | | 1.Financial assets measured at fair value with changes recognized in current profit or loss | 41,037,048.49 | 41,037,048.49 | | Guangxin·Guangqi·Dingxin No. 1 Service Trust Beneficiary Share | 41,037,048.49 | 41,037,048.49 | | Total assets continuously measured at fair value | 41,037,048.49 | 41,037,048.49 | - Period-end recurring and non-recurring Level 3 fair value measurement items, classified as equity instrument investments measured at fair value with changes recognized in current profit or loss, use the **cost method as the basis for valuation calculation**[629](index=629&type=chunk)[630](index=630&type=chunk) [Related Parties and Related Party Transactions](index=158&type=section&id=XIV.%20Related%20Parties%20and%20Related%20Party%20Transactions) The company's ultimate controlling party is the Shenzhen Municipal People's Government State-owned Assets Supervision and Administration Commission, and its controlling shareholder is Shenzhen Special Construction Group Co., Ltd. During the reporting period, the company engaged in daily related party transactions with its controlling shareholder and its affiliates, former controlling shareholder and its affiliates, and associate companies, including purchasing and selling goods, providing and receiving labor services, and related party leasing, all conducted normally within approved limits. Key management personnel compensation amounted to RMB 3,014,700.00 - The ultimate controlling party of the enterprise is the **Shenzhen Municipal People's Government State-owned Assets Supervision and Administration Commission**, and the parent company is **Shenzhen Special Construction Group Co., Ltd.**, with a shareholding ratio of **22.00%**[632](index=632&type=chunk) - The company engaged in multiple daily related party transactions with its controlling shareholder and its affiliates, former controlling shareholder and its affiliates, and associate companies, including **purchasing goods/receiving services, selling goods/providing services, and related party leasing**[635](index=635&type=chunk)[638](index=638&type=chunk)[640](index=640&type=chunk)[644](index=644&type=chunk) - Key management personnel compensation for the current period was **RMB 3,014,700.00**[650](index=650&type=chunk) - All business transactions with related parties were executed based on normal business contract agreements and **fulfilled relevant review procedures and information disclosure obligations**[739](index=739&type=chunk) [Share-based Payments](index=167&type=section&id=XV.%20Share-based%20Payments) The company had no overall share-based payment situation, equity-settled share-based payment situation, cash-settled share-based payment situation, current period share-based payment expenses, or modifications/terminations of share-based payments during the reporting period - The company had **no share-based payment related information** during the reporting period[659](index=659&type=chunk) [Commitments and Contingencies](index=167&type=section&id=XVI.%20Commitments%20and%20Contingencies) As of June 30, 2025, the company had no significant commitments requiring disclosure, but there were outstanding various guarantees totaling RMB 378,812,515.33. The company had no other significant contingent matters requiring disclosure - As of June 30, 2025, the Group had **no significant commitments requiring disclosure**[659](index=659&type=chunk) Outstanding Guarantees Details | Guarantee Type | Guarantee Amount (RMB) | | :--- | :--- | | Performance Guarantee | 172,341,937.82 | | Advance Payment Guarantee | 126,089,867.01 | | Bid Guarantee | 42,815,000.00 | | Migrant Worker Wage Payment Guarantee | 37,362,773.08 | | Quality Guarantee | 202,937.42 | | Total | 378,812,515.33 | - The company had **no significant contingent matters** requiring disclosure[662](index=662&type=chunk) [Post-Balance Sheet Events](index=167&type=section&id=XVII.%20Post-Balance%20Sheet%20Events) The company had no significant non-adjusting events, profit distribution, sales returns, or other post-balance sheet events during the reporting period - The company had **no significant non-adjusting events** during the reporting period[664](index=664&type=chunk) [Other Significant Matters](index=168&type=section&id=XVIII.%20Other%20Significant%20Matters) The company had no prior period accounting error corrections, debt restructuring, asset exchanges, annuity plans, discontinued operations, or segment information during the reporting period - The company had **no prior period accounting error corrections, debt restructuring, asset exchanges, annuity plans, discontinued operations, or segment information** during the reporting period[666](index=666&type=chunk)[668](index=668&type=chunk)[669](index=669&type=chunk)[672](index=672&type=chunk) [Notes to Parent Company Financial Statement Items](index=169&type=section&id=XIX.%20Notes%20to%20Parent%20Company%20Financial%20Statement%20Items) This section provides detailed notes to the parent company's financial statement items, including accounts receivable, other receivables, long-term equity investments, operating revenue and costs, and investment income. The parent company's accounts receivable balance at period-end was RMB 290,074,846.47, and other receivables were RMB 21,073,475.45. Long-term equity investments primarily consist of investments in subsidiaries. Operating revenue for the period was RMB 525,451,377.73, and investment income was RMB -124.65 - Parent company accounts receivable period-end balance was **RMB 290,074,846.47**, with the architectural decoration business portfolio accounting for **99.68%**[169](index=169&type=chunk)[170](index=170&type=chunk) - Parent company other receivables period-end balance was **RMB 21,073,475.45**, mainly including **receivable bid bonds, performance bonds, deposit portfolios, petty cash and employee loan portfolios, intercompany receivables, and other receivables**[172](index=172&type=chunk)[174](index=174&type=chunk)[175](index=175&type=chunk) - Parent company long-term equity investments period-end balance was **RMB 122,689,905.67**, primarily consisting of **investments in subsidiaries**[177](index=177&type=chunk)[178](index=178&type=chunk) - Parent company operating revenue for the current period was **RMB 525,451,377.73**, and operating cost was **RMB 495,901,823.39**[179](index=179&type=chunk) - Parent company investment income for the current period was **RMB -124.65**, mainly from **long-term equity investment income accounted for using the equity method**[180](index=180&type=chunk) [Supplementary Information](index=180&type=section&id=XX.%20Supplementary%20Information) This section provides supplementary information such as the non-recurring gains and losses statement, return on net assets, and earnings per share. Total non-recurring gains and losses amounted to RMB 1,456,274.55. The company's weighted average return on net assets attributable to common shareholders was -13.18%, and basic earnings per share was RMB -0.02/share Current Period Non-recurring Gains and Losses Details | Item | Amount (RMB) | | :--- | :--- | | Government grants recognized in current profit or loss | 4,000.00 | | Reversal of impairment provisions for receivables subject to separate impairment testing | 227,000.00 | | Other non-operating income and expenses apart from the above | 1,226,662.05 | | Less: Income tax impact | 1,387.50 | | Total | 1,456,274.55 | Return on Net Assets and Earnings Per Share | Profit for the Period | Weighted Average ROE (%) | Basic EPS (RMB/share) | Diluted EPS (RMB/share) | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Common Shareholders | -13.18% | -0.02 | -0.02 | | Net Profit Attributable to Common Shareholders After Non-recurring Gains and Losses | -13.44% | -0.02 | -0.02 | - The company had **no differences in accounting data** under domestic and overseas accounting standards[733](index=733&type=chunk) [Other Submitted Data](index=182&type=section&id=Section%209%20Other%20Submitted%20Data) This section includes other submitted data such as social security issues, records of investor engagement activities, and fund movements with controlling shareholders and related parties [Other Significant Social Security Issues](index=182&type=section&id=I.%20Other%20Significant%20Social%20Security%20Issues) The company and its subsidiaries had no other significant social security issues and received no administrative penalties during the reporting period - The listed company and its subsidiaries had **no other significant social security issues**[735](index=735&type=chunk) - The company was **not subject to administrative penalties** during the reporting period[735](index=735&type=chunk) [Registration Form for Research, Communication, Interview, and Other Activities During the Reporting Period](index=182&type=section&id=II.%20Registration%20Form%20for%20Research%2C%20Communication%2C%20Interview%2C%20and%20Other%20Activities%20During%20the%20Reporting%20Period) During the reporting period, the company hosted institutional investors (e.g., CITIC Securities, Penghua Fund) for on-site research, primarily discussing the company's development and public information Research Activities Received During the Reporting Period | Reception Time | Reception Location | Reception Method | Recipient Type | Recipient | Main Topics Discussed and Materials Provided | | :--- | :--- | :--- | :--- | :--- | :--- | | 2025年05月22日 | Guangtian Group Meeting Room | On-site research | Institutional | CITIC Securities, Penghua Fund, Huahong Asset | Company development and public information | [Fund Movements Between Listed Company and Controlling Shareholder and Other Related Parties](index=182&type=section&id=III.%20Fund%20Movements%20Between%20Listed%20Company%20and%20Controlling%20Shareholder%20and%20Other%20Related%20Parties) The company had multiple operating fund movements with its controlling shareholder and related parties, with a total period-end balance of RMB 124.9508 million. All transactions were based on normal business contract agreements and fulfilled relevant review procedures and information disclosure obligations - The company had multiple operating fund movements with its controlling shareholder and other related parties, with a total period-end balance of **RMB 124.9508 million**[739](index=739&type=chunk) - All related party fund movements were executed based on normal business contract agreements and **fulfilled relevant review procedures and information disclosure obligations**[739](index=739&type=chunk)
装修装饰板块8月18日跌0.18%,名雕股份领跌,主力资金净流出6253.5万元
Market Overview - The decoration and renovation sector experienced a slight decline of 0.18% on August 18, with Mingdiao Co., Ltd. leading the losses [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] Stock Performance - Notable gainers in the decoration sector included: - Haosai (002963) with a closing price of 13.74, up 4.65% on a trading volume of 69,000 shares and a turnover of approximately 93.10 million yuan [1] - Hengshang Energy (603137) closed at 15.53, up 1.84% with a trading volume of 24,900 shares and a turnover of about 38.42 million yuan [1] - Conversely, Mingdiao Co., Ltd. (002830) led the declines, closing at 16.48, down 2.37% with a trading volume of 95,900 shares and a turnover of approximately 157 million yuan [2] Capital Flow - The decoration and renovation sector saw a net outflow of 62.53 million yuan from institutional investors, while retail investors contributed a net inflow of 30.17 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2] Individual Stock Capital Flow - Key stocks and their capital flow include: - De Cai Co. (605287) had a net inflow of 14.07 million yuan from institutional investors, but saw outflows from both retail and speculative investors [3] - Hainan Development (002163) experienced a net inflow of 7.55 million yuan from institutional investors, but faced outflows from speculative investors [3] - Axiashare (002375) had a net inflow of 5.66 million yuan from institutional investors, while retail investors withdrew funds [3]
高管降薪、离职频现,家居企业如何破局?
Sou Hu Cai Jing· 2025-08-12 12:31
Group 1 - The home furnishing industry is experiencing a downturn, reflected in the significant reduction of executive salaries, such as the drop in Pan Xiaozhen's salary from 822,600 yuan in 2023 to 616,000 yuan in 2024, and Li Weiguo's salary decreasing from 850,000 yuan to 460,000 yuan, a decline of 45.9% [1][3][12] - Frequent executive turnover is noted, with over ten listed companies in the building materials and home furnishing sectors experiencing executive resignations or changes within a month [3][4][7] - Specific cases of executive resignations include Zheng Zhiyuan from Shenzhen Guangtian Group and Lu Jianhui from Jiangshan Oupai, both citing personal reasons for their departures [4][7][10] Group 2 - The departure of key figures, such as Xie Jinpeng from Royal Furniture due to health reasons, raises concerns about the future development of these companies [9][12] - The ongoing trend of executive changes is not limited to one company, as seen with Hu Jianrong and Zhu Dan from Hisense Home Appliances also resigning [11][12] - The industry faces numerous challenges, and while salary cuts and resignations may provide temporary relief, a robust internal management structure is essential for long-term stability and growth [12][13]
广田集团:股东叶远西累计被冻结股份1.92亿股
Mei Ri Jing Ji Xin Wen· 2025-08-12 11:03
Group 1 - Guotian Group (SZ 002482, closing price: 1.82 yuan) announced on August 12 that as of the date of this announcement, shareholder Guotian Holdings has had a total of approximately 574 million shares frozen, accounting for 100% of its holdings and 15.29% of the company's total share capital [2] - Shareholder Ye Yuanxi has had a total of 192 million shares frozen, accounting for 100% of his holdings and 5.12% of the company's total share capital [2] - For the year 2024, Guotian Group's revenue composition is as follows: the decoration and renovation industry accounts for 98.48%, while other businesses account for 1.52% [2]
广田集团(002482) - 关于持股5%以上股东股份被轮候冻结的公告
2025-08-12 10:45
证券代码:002482 证券简称:广田集团 公告编号:2025-040 深圳广田集团股份有限公司 (一)截至公告披露日,叶远西先生及其一致行动人广田控股集团有限公司 (以下简称"广田控股")所持公司股份累计被冻结的情况如下: | 股东名称 | 持股数量 | 持股比例 | 累计被冻结数 | 合计占其所持股 | 合计占公司总股本比例 | | --- | --- | --- | --- | --- | --- | | | (股) | | 量(股) | 份比例 | | | 广田控股 | 573,694,098 | 15.29% | 573,694,098 | 100.00% | 15.29% | | 叶远西 | 192,000,000 | 5.12% | 192,000,000 | 100.00% | 5.12% | | 合计 | 765,694,098 | 20.41% | 765,694,098 | 100.00% | 20.41% | 关于持股 5%以上股东股份被轮候冻结的公告 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。 深圳广田集团股份有限公司(以下简称" ...