杭州园林设计院股份有限公司 2025 年半年度报告全文 杭州园林设计院股份有限公司 2025 年半年度报告 2025 年 08 月 1 杭州园林设计院股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人吕明华、主管会计工作负责人邵如建及会计机构负责人(会计 主管人员)杨晨杰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 一、宏观经济波动的风险 风景园林行业与国民经济景气度有很强关联性，一个国家或地区的经济发 展水平直接左右其对风景园林建设的投入，进而影响风景园林行业的发展。 当前国际环境错综复杂，国际贸易摩擦加剧，我国宏观经济增速亦面临下行 压力加大的风险。未来若中国经济状况发生重大不利变化，如经济增长放缓 或停滞，可能对公司的持续盈利能力及成长性造成一定的不利影响。 二、资产减值的风险 截至 2025 年 6 月 30 日，公司应收账款账面价值为 22,757.18 万元 ...

Market Performance - On August 25, the infrastructure sector rose by 1.12% compared to the previous trading day, with China Communications Construction Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up by 1.51%, while the Shenzhen Component Index closed at 12441.07, up by 2.26% [1] Individual Stock Performance - China Communications Construction Co., Ltd. (603815) closed at 9.34, with a gain of 10.01% and a trading volume of 176,500 shares, amounting to a transaction value of 162 million yuan [1] - Tonglin Co., Ltd. (605303) closed at 22.04, up by 9.98%, with a trading volume of 15,100 shares [1] - Pudong Construction (600284) closed at 8.95, increasing by 6.04%, with a trading volume of 957,200 shares [1] - ST Lingnan (002717) closed at 1.73, up by 4.85%, with a trading volume of 1,456,800 shares [1] - Other notable stocks include Hangzhou Garden (300649) at 19.44 (+3.85%) and Meili Ecology (000010) at 4.84 (+3.42%) [1] Capital Flow Analysis - On the same day, the infrastructure sector experienced a net outflow of 67.69 million yuan from institutional investors and a net outflow of 107 million yuan from speculative funds, while retail investors saw a net inflow of 175 million yuan [2] - The capital flow for key stocks showed that China Electric Power Construction (601868) had a net inflow of 71.48 million yuan from institutional investors, while ST Lingnan (002717) had a net inflow of 59.75 million yuan [3] - China Communications Construction Co., Ltd. (603815) recorded a net inflow of 52.10 million yuan from institutional investors, despite a net outflow from speculative and retail investors [3]

Core Viewpoint - Hangzhou Garden's stock price experienced fluctuations on August 22, closing at 18.72 yuan, down 1.42% from the previous trading day [1] Company Overview - Hangzhou Garden operates in the engineering consulting services industry, primarily engaged in landscape design and urban planning [1] - The company's business scope includes municipal landscaping and tourism planning, particularly in the Zhejiang region [1] Stock Performance - On August 22, the stock opened at 18.50 yuan, reached a high of 19.96 yuan, and a low of 18.18 yuan, with a total trading volume of 2.68 billion yuan and a price fluctuation of 9.37% [1] - The net outflow of main funds on that day was 10.54 million yuan, accounting for 0.53% of the circulating market value [1] - Over the past five trading days, the overall trend showed a net inflow of funds totaling 14.03 million yuan, representing 0.71% of the circulating market value [1]

一、事项概述 杭州园林设计院股份有限公司（以下简称"公司"）参股公司杭州万林数链科 技服务有限公司（以下简称"万林数链"）因战略发展需要，拟实施境外上市计 划。为了支持万林数链境外上市工作，公司董事会于 2024 年 4 月 26 日召开第五 届董事会第七次会议，审议通过了关于《参股公司拟境外上市》的议案，同意授 权董事会办公室及其指定人员负责办理相关工作。具体内容详见公司 2024 年 4 月 27 日刊登在巨潮资讯网（www.cninfo.com.cn）上的《关于参股公司拟境外上 市的公告》（公告编号：2024-005）。 证券代码：300649 证券简称：杭州园林 公告编号：2025-017 杭州园林设计院股份有限公司 关于参股公司拟境外上市的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整,没有虚假记载、 误导性陈述或重大遗漏。 二、事项进展情况 三、对公司的影响及相关风险提示 万林数链若成功境外上市，将有利于完善业务布局，拓展融资渠道，增强市 场竞争力和抗风险能力，为其长远发展提供保障，同时也将对公司带来积极的影 响。 截至目前，本次参股公司境外上市相关事项仍存在不确定性，《证券时 ...

Group 1 - The latest stock price of Hangzhou Garden is 18.38 yuan, an increase of 0.16 yuan from the previous trading day's closing price, representing a rise of 0.88% [1] - The opening price was 18.00 yuan, with a highest price of 18.46 yuan and a lowest price of 17.48 yuan, while the trading volume was 118,125 hands and the trading amount reached 212 million yuan [1] - Hangzhou Garden is involved in several concept sectors including engineering consulting services, Zhejiang sector, micro-disc stocks, new urbanization, and blockchain [1] Group 2 - The company's main business includes landscape design, construction, and maintenance, covering areas such as municipal parks, ecological restoration, and cultural tourism projects [1] - Shenzhen Longgang District Data Co., Ltd. and the Hong Kong Web 3.0 Standardization Association have reached a cooperation agreement to establish a cross-border data compliance recognition mechanism, with Hangzhou Garden listed as one of the related concept stocks [1] - On the same day, the net outflow of main funds for Hangzhou Garden was 1.5643 million yuan, accounting for 0.08% of the circulating market value, while the net inflow over the past five days was 34.7309 million yuan, accounting for 1.78% of the circulating market value [1]

Group 1 - The stock price of Hangzhou Garden is reported at 17.03 yuan, down 0.64% from the previous trading day, with a trading range of 16.68 yuan to 17.19 yuan and a transaction amount of 1.21 billion yuan [1] - Hangzhou Garden operates in the engineering consulting services sector, focusing on landscape architecture design and urban planning design, and has a solid business foundation in new urbanization construction in Zhejiang Province [1] - The National Bureau of Statistics announced plans to introduce over 10 systems this year, including data property rights, to promote the capitalization of data assets, with blockchain technology expected to assist in the confirmation and valuation of real entity asset data resources, positioning Hangzhou Garden as a related concept stock [1] Group 2 - The net outflow of main funds for Hangzhou Garden on the day was 5.42 million yuan, accounting for 0.3% of the circulating market value, while the cumulative net inflow over the past five trading days was 2.42 million yuan, representing 0.13% [1]

Core Viewpoint - Hangzhou Garden (300649) has experienced a stock price increase of 3.25% as of August 14, 2025, closing at 17.14 yuan, with significant trading activity and net inflow of funds [1] Financial Performance - For Q1 2025, the company reported total revenue of 31.32 million yuan, a year-on-year decrease of 52.27% - Net profit attributable to shareholders was 8.88 million yuan, down 209.42% year-on-year - Non-recurring net profit was 11.72 million yuan, reflecting a decrease of 318.69% year-on-year - Current ratio and quick ratio both stand at 1.463, while the debt-to-asset ratio is 44.49% [1] Market Activity - The stock had a turnover rate of 10.11%, with a trading volume of 107,300 hands and a transaction amount of 183 million yuan - Main funds saw a net inflow of 22.84 million yuan, accounting for 12.47% of the transaction amount, with large orders contributing significantly to this inflow [1] Company Background - Hangzhou Garden Design Institute Co., Ltd. was established in 2001 and is based in Hangzhou, primarily engaged in architectural decoration and other construction activities - The company has a registered capital of 1.32 billion yuan and a paid-in capital of 861.49 million yuan, with the legal representative being Lv Minghua [1][2] Investment and Intellectual Property - The company has made investments in 5 enterprises and participated in 2,185 bidding projects - It holds 6 trademark registrations and 69 patents, along with 53 administrative licenses [2]

Core Points - The infrastructure sector experienced a decline of 1.25% on August 14, with Beixin Road and Bridge leading the drop [1] - The Shanghai Composite Index closed at 3666.44, down 0.46%, while the Shenzhen Component Index closed at 11451.43, down 0.87% [1] Stock Performance - Daqian Ecology (603952) saw a significant increase of 10.00%, closing at 43.35 with a trading volume of 81,800 shares and a transaction value of 346 million [1] - Chengdu Road and Bridge (002628) rose by 7.09%, closing at 5.29 with a trading volume of 1,255,900 shares [1] - Hangzhou Yuanlin (300649) increased by 3.25%, closing at 17.14 with a trading volume of 107,300 shares [1] - Sichuan Road and Bridge (600039) had a slight increase of 0.72%, closing at 8.42 with a trading volume of 634,200 shares [1] - Longjian Co. (600853) and Tunnel Co. (600820) had minimal changes, closing at 3.96 and 6.69 respectively [1] - ST Yuancheng (603388) decreased by 0.45%, closing at 2.21 [1] - Shandong Road and Bridge (000498) and Pudong Construction (600284) also saw slight declines [1] Capital Flow - The infrastructure sector experienced a net outflow of 1.084 billion from institutional investors, while retail investors contributed a net inflow of 907 million [3] - Speculative funds saw a net inflow of 177 million into the sector [3]

Core Viewpoint - As of August 7, 2025, Hangzhou Garden's stock price closed at 16.51 yuan, reflecting a decline of 1.67% from the previous trading day [1] Group 1: Company Overview - Hangzhou Garden primarily engages in landscape architecture design and urban planning design [1] - The company recently announced the establishment of its wholly-owned subsidiary, Susong Hangyuan Information Technology Co., Ltd., which will operate in emerging fields such as artificial intelligence application software development and quantum computing technology services [1] Group 2: Financial Performance - On August 7, 2025, the main capital outflow for Hangzhou Garden was 11.1396 million yuan, with a cumulative net outflow of 10.8219 million yuan over the past five days [1] - The trading volume on the same day was 53,481 hands, with a transaction amount reaching 0.89 billion yuan [1]

Group 1 - The total salary scale of CFOs in A-share listed companies reached 4.27 billion yuan in 2024, with 149 construction decoration companies disclosing CFO information [1] - The average age of CFOs in the construction sector is 46.21 years, with 41.4% being over 50 years old and 40-50 years old [1][2] - Male CFOs dominate the sector, with the oldest male CFO being 61 years old and the oldest female CFO being 52 years old [1] Group 2 - The majority of CFOs in the construction sector have a short tenure, with 44.8% serving for 1-3 years [2] - Approximately 53.6% of CFOs hold a bachelor's degree, while 42.9% have a master's degree [2] - The average annual salary for CFOs in the construction sector is 595,900 yuan, which is lower than the average salary of 632,100 yuan in the construction decoration industry [3] Group 3 - Male CFOs earn an average salary of 644,400 yuan, which is 200,000 yuan higher than their female counterparts [3] - CFOs with a master's degree earn an average of 721,900 yuan, which is 38.8% higher than those with a bachelor's degree [3] - The highest-paid CFO in the construction sector is at 2.46 million yuan, nearly double the salary of the second highest [3]