证券代码：002811 证券简称：郑中设计 公告编号：2025-075 深圳市郑中设计股份有限公司 关于控股股东减持股份触及 1%整数倍暨 减持计划实施完成的公告 控股股东深圳市亚泰一兆投资有限公司保证向本公司提供的信息内容真实、 准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及其董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 深圳市郑中设计股份有限公司（以下简称"公司"）于2025年9月26日披露 了《关于控股股东减持股份的预披露公告》（公告编号：2025-067）。持有公司 股份141,961,723股（占公司剔除回购专用账户中股份数量后总股本的47.33%）的 控股股东深圳市亚泰一兆投资有限公司（以下简称"亚泰一兆"）计划自减持预 披露公告披露之日起15个交易日后的3个月内，以集中竞价和大宗交易方式减持 公司股份不超过8,997,606股（占公司剔除回购专用账户中股份数量后总股本比例 不超过3%）。其中，以集中竞价交易方式减持股份数量不超过2,999,202股（占 公司剔除回购专用账户中股份数量后总股本比例不超过1%），以大宗交易方式 减持股份数量不超过5,998,404股（占公 ...

Core Viewpoint - The controlling shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., has reduced its stake in Zhengzhong Design by selling 8.9938 million shares, representing 2.92% of the total share capital, completing its planned reduction [1] Group 1 - The share reduction occurred between November 3 and November 18, 2025, through centralized bidding and block trading [1] - After the reduction, Yatai Yizhao and its concerted parties hold 166 million shares, accounting for 53.81% of the total share capital and 55.26% of the total share capital excluding the repurchase special account [1] - The initial plan was to reduce no more than 8.9976 million shares [1]

Group 1 - The core viewpoint of the article is that Zhengzhong Design Co., Ltd. is enhancing its communication with investors by participating in an online collective reception day event for listed companies in Shenzhen [2] - The event is organized by the Shenzhen Securities Regulatory Bureau and the China Securities Investor Services Center, in collaboration with the Shenzhen Stock Exchange Association and Shenzhen Panorama Network Co., Ltd. [2] - The scheduled date for the event is November 20, 2025 [2]

网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，深圳市郑中设计股份有限公司（以 下简称"公司"）将参加由深圳证监局和中证中小投资者服务中心指导、深圳上 市公司协会与深圳市全景网络有限公司联合举办的"2025 年度深圳辖区上市公 司投资者网上集体接待日活动"，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 （http://rs.p5w.net），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，活动时间为 2025 年 11 月 20 日（周四）14:30-17:00。届时 公司董事长郑忠先生、副董事长兼总经理刘云贵先生、独立董事李斐先生、副总 经理兼董事会秘书王小颖女士、副总经理兼财务总监罗桂梅女士将在线就公司业 绩、公司治理、发展战略、经营状况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，欢迎广大投资者踊跃参与！ 证券代码：002811 证券简称：郑中设计 公告编号：2025-074 深圳市郑中设计股份有限公司 关于参加 2 ...

Core Viewpoint - Zhengzhong Design (002811.SZ) has received a notification from Yatai Yizhao regarding the reduction of shares, indicating a significant decrease in ownership by a major shareholder [1] Group 1: Shareholding Changes - Yatai Yizhao reduced its holdings by a total of 5,342,706 shares from November 3, 2025, to November 10, 2025 [1] - This reduction represents 1.73% of the company's total share capital and 1.78% of the adjusted total share capital [1]

特别提示： 1、本次权益变动为深圳市郑中设计股份有限公司（以下简称"公司"）控 股股东深圳市亚泰一兆投资有限公司（以下简称"亚泰一兆"）履行此前披露的 减持股份计划所致。 2、本次权益变动后，亚泰一兆及其一致行动人合计持有公司的股份数量为 169,383,517股，占公司剔除回购专用账户中股份数量后（以下简称"剔除后"） 总股本比例56.48%，占公司总股本比例55.00%，持股比例触及5%的整数倍。 3、本次权益变动不会导致公司控制权发生变更，亦不会对公司治理结构及 持续经营产生重大影响。 证券代码：002811 证券简称：郑中设计 公告编号：2025-073 深圳市郑中设计股份有限公司 关于股东权益变动的提示性公告 控股股东深圳市亚泰一兆投资有限公司保证向本公司提供的信息内容真实、 准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及其董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 | 股东名称 | 股份性质 | | 本次变动前持有股份 | 占剔除后 | | 本次变动后持有股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | ...

深圳市郑中设计股份有限公司 简式权益变动报告书 上市公司信息 上市公司名称：深圳市郑中设计股份有限公司 股票上市地点：深圳证券交易所 股票简称：郑中设计 股票代码：002811 信息披露义务人：深圳市亚泰一兆投资有限公司 住所：深圳市福田区香蜜湖街道东海社区香林路 28 号东海花园 1 期 2 栋 14B 通讯地址：深圳市福田区香蜜湖街道东海社区香林路 28 号东海花园 1 期 2 栋 14B 信息披露义务人的一致行动人之一：郑忠 住所：深圳市福田区香蜜湖街道东海社区香林路 28 号东海花园 1 期 2 栋 14B 通讯地址：深圳市福田区香蜜湖街道东海社区香林路 28 号东海花园 1 期 2 栋 14B 信息披露义务人的一致行动人之二：邱艾 住所：深圳市福田区香蜜湖街道东海社区香林路 28 号东海花园 1 期 2 栋 14B 通讯地址：深圳市福田区香蜜湖街道东海社区香林路 28 号东海花园 1 期 2 栋 14B 股份变动性质：股份减少、持股比例下降 签署日期：2025 年 11 月 11 日 截至本报告书签署之日，除本报告书披露的信息外，上述信息披露义务人没 有通过任何其他方式增加或减少其在郑中设计中拥有权 ...

Investment Rating - The report maintains a "Positive" investment rating for the construction and engineering sector [9] Core Views - The construction sector exhibits characteristics such as low valuation, low institutional holdings, large market capitalization, and stable outlook for quality targets. The report identifies four key investment directions within the construction industry: 1) Companies with strong Q3 performance and short-term earnings certainty 2) High dividend yield stocks providing a safety cushion 3) Strong long-term growth potential 4) Large-cap stocks with low absolute valuations [5][6][7] Summary by Sections Valuation Metrics - As of the latest closing, the Jiangsu Construction Index has a PE ratio of 12.83, ranking 28th across all industries, with a 10-year percentile of 68.5%. The PB ratio stands at 0.84, ranking 31st, with a 10-year percentile of 16.22%. Notably, the construction sector and the banking sector are the only indices within the Jiangsu framework that are trading below book value [5][6] Institutional Holdings - The construction sector has historically low institutional holdings, which may reflect a weak outlook for the industry and a lack of attention from investors. This could lead to undervaluation of high-quality construction stocks [6] Market Capitalization - The construction sector has a limited number of listed companies, with eight major state-owned enterprises collectively valued at 941.19 billion, accounting for 47% of the Jiangsu Construction Index's market capitalization. These enterprises play a crucial role in stabilizing economic growth and are likely to be favored in a market shift towards undervalued sectors [6][7] Investment Directions - **Direction One**: Focus on companies with strong Q3 earnings, such as Sichuan Road and Bridge, China Chemical, and others, which show robust growth and sufficient order backlogs [7] - **Direction Two**: Invest in high dividend yield stocks like Jianghe Group (6.2%), Sichuan Road and Bridge (5.6%), and others, which provide a strong holding safety net [7] - **Direction Three**: Target companies with strong long-term growth potential, such as Honglu Steel Structure and others benefiting from semiconductor capital expenditure [7] - **Direction Four**: Invest in large-cap stocks with low absolute valuations, including eight major state-owned enterprises that are all trading below book value [7]

Core Viewpoint - Zhengzhong Design's stock has experienced fluctuations, with a year-to-date increase of 53.22% but a recent decline of 2.04% on November 10, 2023, indicating potential volatility in the market [1]. Financial Performance - For the period from January to September 2025, Zhengzhong Design reported a revenue of 989 million yuan, representing a year-on-year growth of 19.89%, and a net profit attributable to shareholders of 135 million yuan, which is a 42.62% increase compared to the previous year [2]. - Cumulatively, Zhengzhong Design has distributed a total of 647 million yuan in dividends since its A-share listing, with 241 million yuan distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Zhengzhong Design decreased by 20.18% to 19,800, while the average circulating shares per person increased by 25.29% to 14,267 shares [2]. - The seventh largest circulating shareholder is the "Zhaoshang Quantitative Selected Stock Fund A" with a holding of 1.65 million shares, indicating new institutional interest [3]. Market Activity - On November 10, 2023, Zhengzhong Design's stock price was 12.46 yuan per share, with a trading volume of 47.65 million yuan and a turnover rate of 1.34%, reflecting active trading [1]. - The company has appeared on the "Dragon and Tiger List" nine times this year, with the most recent appearance on August 4 [1]. Business Overview - Zhengzhong Design, established on December 26, 1994, and listed on September 8, 2016, specializes in high-end architectural decoration design and construction, with its main business revenue composition being 67% from design services, 22.49% from soft decoration, 8.88% from decoration engineering, and 1.42% from other services [1]. - The company operates within the "Building Decoration" industry and is associated with concepts such as the Belt and Road Initiative, small-cap stocks, share buybacks, digital economy, and artificial intelligence [1].

Core Viewpoint - Shenzhen Zhengzhong Design Co., Ltd. announced that its controlling shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., has reduced its shareholding, impacting the percentage of shares held in the company [2][3]. Group 1: Shareholding Reduction - The controlling shareholder, Yatai Yizhao, initially held 141,961,723 shares, representing 47.33% of the total share capital after excluding repurchased shares [2]. - Yatai Yizhao plans to reduce its holdings by up to 8,997,606 shares within three months, which accounts for no more than 3% of the total share capital after excluding repurchased shares [2]. - As of November 6, 2025, Yatai Yizhao has reduced its holdings by 2,276,800 shares, which is 0.74% of the total share capital and 0.76% of the total share capital after exclusion [3]. Group 2: Impact on Shareholding Structure - Following the reduction, Yatai Yizhao and its concerted parties now hold a total of 172,449,423 shares, decreasing their ownership from 56.73% to 56.00% of the total share capital [3]. - The percentage of shares held after excluding repurchased shares has also decreased from 58.26% to 57.50% [3].