杭州园林设计院股份有限公司（以下简称"公司"）第五届董事会第十四次 会议于 2025 年 9 月 16 日以电话、电子邮件等方式通知全体董事，于 2025 年 9 月 23 日上午 10:00 以现场会议加通讯方式在公司会议室召开。本次会议由公司 董事长吕明华先生召集和主持，应出席董事（含独立董事）9 人，实际出席董事 9 人，公司全体监事和高级管理人员列席了本次会议。本次会议出席人数、召开 程序、议事内容均符合《公司法》和《公司章程》的相关规定。 二、董事会会议审议情况 证券代码：300649 证券简称：杭州园林 公告编号：2025-020 杭州园林设计院股份有限公司 第五届董事会第十四次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整,没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 同意公司以自有或自筹资金对全资子公司宿松杭园信息技术有限公司（以下 简称"宿松杭园"）进行增资，增资金额为人民币 4,900 万元。本次增资完成后， 宿松杭园注册资本将由人民币 100 万元增加至人民币 5,000 万元，公司对宿松杭 园的持股比例不变，宿松杭园仍为公司的全资子公司。 三、 ...

证券代码：300649 证券简称：杭州园林 公告编号：2025-020 杭州园林设计院股份有限公司 第五届监事会第十三次会议决议公告 本公司及监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。 一、监事会会议召开情况 杭州园林设计院股份有限公司（以下简称"公司"）第五届监事会第十三次 会议于 2025 年 9 月 16 日以电话、电子邮件等方式送达各位监事，会议于 2025 年 9 月 23 日上午 11:00 在公司会议室以现场形式召开。本次会议应出席的监事 3 人，实际出席监事 3 人。本次监事会会议由公司监事会主席吴新先生召集和主持， 本次会议召集、召开与表决程序符合《公司法》和《公司章程》的有关规定。 二、监事会会议审议情况 监事会认为：因全资子公司宿松杭园信息技术有限公司经营发展需要公司对 其增资，增资事项的审议及决策程序符合有关法律、法规和规范性文件及《公司 章程》的规定，不存在损害公司和全体股东利益的情况。监事会同意本次对全资 子公司增资事项。 具体内容详见公司同日刊登在巨潮资讯网（www.cninfo.com.cn）上的《关于 对全资子公司增资并签署转让协 ...

Market Overview - On September 8, the infrastructure sector rose by 0.77% compared to the previous trading day, with Hangzhou Garden leading the gains [1] - The Shanghai Composite Index closed at 3826.84, up 0.38%, while the Shenzhen Component Index closed at 12666.84, up 0.61% [1] Top Gainers in Infrastructure Sector - Hangzhou Garden (300649) closed at 18.27, up 11.88% with a trading volume of 133,600 shares and a transaction value of 235 million [1] - Huylv Ecological (001267) closed at 15.72, up 6.72% with a trading volume of 788,600 shares and a transaction value of 1.218 billion [1] - Pudong Construction (600284) closed at 9.06, up 4.50% with a trading volume of 1,630,600 shares and a transaction value of 567 million [1] Top Losers in Infrastructure Sector - ST Yuancheng (603388) closed at 2.05, down 5.09% with a trading volume of 122,800 shares and a transaction value of 25.53 million [2] - ST Lingnan (002717) closed at 1.60, down 4.76% with a trading volume of 207,700 shares and a transaction value of 33.23 million [2] - Hongrun Construction (002062) closed at 9.36, down 3.11% with a trading volume of 944,500 shares and a transaction value of 879 million [2] Capital Flow Analysis - The infrastructure sector experienced a net outflow of 23.47 million from main funds, while speculative funds saw a net inflow of 130 million, and retail investors had a net outflow of 106 million [2] - Major stocks like Hongrun Construction and Pudong Construction had significant net inflows from main funds, indicating investor interest despite overall sector outflows [3] Notable Stocks with Capital Flow - Hongrun Construction (002062) had a main fund net inflow of 54.16 million, while retail investors saw a net outflow of 84.59 million [3] - Pudong Construction (600284) recorded a main fund net inflow of 52.67 million, with retail investors experiencing a net outflow of 53.63 million [3] - Xinjiang Communications Construction (002941) had a main fund net inflow of 30.99 million, but speculative funds saw a net outflow of 38.71 million [3]

Market Overview - On September 2, the infrastructure sector declined by 0.47% compared to the previous trading day, with Garden Holdings leading the decline [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Individual Stock Performance - The top gainers in the infrastructure sector included: - China Communications Construction Co., Ltd. (交建股份) with a closing price of 11.02, up 9.98% on a trading volume of 411,900 shares and a turnover of 438 million yuan [1] - Pubang Co., Ltd. (普邦股份) with a closing price of 2.00, up 3.09% on a trading volume of 1,114,200 shares and a turnover of 224 million yuan [1] - The top decliners included: - Garden Holdings (园林股份) with a closing price of 16.72, down 6.85% on a trading volume of 199,400 shares and a turnover of 338 million yuan [2] - Pudong Construction (浦东建设) with a closing price of 8.64, down 6.49% on a trading volume of 751,400 shares and a turnover of 647 million yuan [2] Capital Flow Analysis - The infrastructure sector experienced a net outflow of 797 million yuan from institutional investors, while retail investors saw a net inflow of 519 million yuan [2] - Notable capital flows for specific stocks included: - Hongrun Construction (宏润建设) with a net inflow of 77.82 million yuan from institutional investors, but a net outflow of 97.77 million yuan from retail investors [3] - China Communications Construction Co., Ltd. (交建股份) had a net inflow of 57.48 million yuan from institutional investors, with both retail and speculative investors showing net outflows [3]

Core Viewpoint - Hangzhou Garden (300649) reported a significant decline in total revenue for the first half of 2025, with a year-on-year decrease of 34.1%, while the net profit attributable to shareholders improved by 51.8% compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 68.91 million yuan, down from 105 million yuan in 2024, reflecting a decline of 34.1% [1] - The net profit attributable to shareholders was -8.57 million yuan, an improvement of 51.8% from -17.77 million yuan in the same period last year [1] - The gross profit margin increased significantly by 238.74% to 30.69%, while the net profit margin improved by 27.76% to -12.7% [1] - Total expenses (selling, administrative, and financial) amounted to 17.24 million yuan, accounting for 25.01% of revenue, which is a 21.54% increase year-on-year [1] - Earnings per share improved to -0.06 yuan, a 53.85% increase from -0.13 yuan in the previous year [1] Cash Flow and Investment Summary - The net cash flow from operating activities decreased by 612.02%, attributed to timing differences in revenue recognition and project settlement [2] - The net cash flow from investing activities saw a decline of 884.76%, with an investment expenditure of 6.72 million yuan during the reporting period [2] Accounts Receivable and Historical Performance - Accounts receivable increased by 30.14% to 228 million yuan, indicating potential liquidity concerns [1] - Historical data shows a median Return on Invested Capital (ROIC) of 12.24%, with the worst year being 2024 at -7.72% [2]

Core Viewpoint - The actual controller of Hangzhou Garden, Ge Rong, along with Hangzhou Garden Exhibition and Hangzhou Hongyuan, plans to reduce their holdings in the company through centralized bidding within three months after a 15 trading day period from the announcement date [1] Summary by Relevant Categories Shareholding Reduction - Ge Rong holds 10.76 million shares (8.13% of total shares) and plans to reduce up to 1.32 million shares, not exceeding 1% of the company's total share capital [1] - Hangzhou Garden Exhibition holds 10.44 million shares (7.88% of total shares) and will also reduce up to 1.32 million shares [1] - Hangzhou Hongyuan holds 5.02 million shares (3.79% of total shares) and is included in the reduction plan [1] Reduction Details - The reduction will occur through centralized bidding and will not be below the initial public offering price [1] - The total reduction across all parties will not exceed 1% of the company's total share capital [1]

Group 1 - The actual controller, director, and deputy general manager of Hangzhou Garden, Ge Rong, plans to reduce his shareholding by up to 1,324,166 shares, which is 1% of the total share capital, within three months [1] - Hangzhou Yuanzhan Enterprise Management Co., a pre-IPO shareholder, also plans to reduce its shareholding by up to 1,324,166 shares, representing 1% of the total share capital, within three months [1] - Hangzhou Hongyuan Enterprise Management Co., another pre-IPO shareholder, intends to reduce its shareholding by up to 1,324,166 shares, equivalent to 1% of the total share capital, within three months [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for industry-listed companies [2]

证券代码：300649 证券简称：杭州园林 公告编号：2025-019 | 股东名称 | 股东持股数量（股） | 占公司股本比例 | | --- | --- | --- | | 葛荣 | 10,768,622 | 8.13% | | 杭州园展 | 10,435,100 | 7.88% | 杭州园林设计院股份有限公司 关于股东减持股份的预披露公告 股东葛荣、杭州园展企业管理有限公司、杭州鸿园企业管理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。 特别提示： 1、持有本公司股份 10,768,622 股（占本公司总股本比例 8.13%）的公司实 际控制人之一、董事、副总经理葛荣计划在三个月内以集中竞价方式减持本公 司股份不超过 1,324,166 股（不超过本公司总股本比例 1%）； 2、持有本公司股份 10,435,100 股（占本公司总股本比例 7.88%）的首次公 开发行股票前股东杭州园展企业管理有限公司计划在三个月内以集中竞价方式 减持本公司股份不超过 1,324,166 股（不超过本公司总股本 ...

Group 1 - The central urban work conference in 2025 emphasizes the goal of building a modern, innovative, livable, beautiful, resilient, civilized, and smart city, focusing on high-quality urban development and urban renewal as a key strategy [1] - The National Development and Reform Commission plans to increase investment in new urbanization, particularly in urban renewal, municipal infrastructure, safety resilience enhancement, and smart city construction [1] - The policy support is expected to create significant market opportunities for companies in the urban development sector, particularly for Hangzhou Landscape, which specializes in landscape design and engineering contracting [1] Group 2 - Hangzhou Landscape has been a leading company in the domestic landscape architecture industry since 1987, providing comprehensive design services and project management through the EPC model [2] - The company has accumulated extensive industry experience and technical strength, having participated in major projects such as the comprehensive protection of the West Lake scenic area and the G20 Summit in Hangzhou [2] - Hangzhou Landscape has received numerous awards for its design capabilities, including the IFLA Asia-Pacific "Chairman's Award" and various national engineering design awards [2] Group 3 - The recent policy document outlines three key tasks for urban renewal: renovating old residential areas, improving infrastructure, and enhancing the protection of historical and cultural heritage [3] - Hangzhou Landscape aims to leverage its full industry chain capabilities in urban renewal, ecological restoration, and cultural heritage protection, providing comprehensive solutions for new urbanization [3] - As urban renewal initiatives progress and financial support increases, leading companies with technical expertise and brand influence are expected to benefit first [3]

Group 1 - The core inquiry from investors revolves around Wanlin Shulian's technical capabilities to engage in RWA (Real World Asset) business, questioning the viability of its IPO without strong technological advantages [2] - Hangzhou Garden (300649.SZ) responded on the investor interaction platform, clarifying that Wanlin Shulian's main business focuses on blockchain application services, specifically including product blockchain traceability and certification services, as well as digital professional technical services [2]