证券代码：300844 证券简称：山水比德 公告编号：2025-076 广州山水比德设计股份有限公司 关于变更公司注册资本并修订《公司章程》 及修订、制定公司部分治理制度的公告 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。 广州山水比德设计股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日召开第 三届董事会第二十六次会议，审议通过了《关于变更公司注册资本并修订<公司章程>的 议案》和《关于修订及制定公司部分治理制度的议案》，上述两项议案尚需提交公司 2025 年第三次临时股东大会审议。现将相关事项公告如下： 一、公司注册资本变更情况 2025 年 8 月 13 日，公司召开第三届董事会第二十三次会议和第三届监事会第二十 三次会议，审议通过了《关于 2024 年股票期权激励计划第一个行权期行权条件成就的 议案》，2024 年股票期权激励计划授予的股票期权于第一个行权期满足行权条件，符合 股票期权行权资格的激励对象共计 39 名，可行权的股票期权数量共计 271.488 万份， 本次行权后，公司注册资本 9,049.6 万元增加到 9,321. ...

证券代码：300844 证券简称：山水比德 公告编号：2025-079 广州山水比德设计股份有限公司 关于 2025 年前三季度计提资产减值准备及核销资产的公告 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。 广州山水比德设计股份有限公司（以下简称"公司"）根据《深圳证券交易所创业 板股票上市规则》《企业会计准则》以及公司相关会计政策的规定，基于谨慎性原则， 对合并财务报表范围内的各项需要计提减值的资产进行了评估和分析，对预计存在可能 发生减值损失的相关资产计提减值准备以及核销部分资产。现将具体情况公告如下： 一、本次计提资产减值准备及核销资产概况 (一)本次计提资产减值准备概况 1、计提资产减值准备的原因 注：发生额＜0 表示本期冲回减值准备的金额，发生额＞0 表示本期计提减值准备的金额。 依据《企业会计准则》及公司会计政策的相关规定，为真实、准确反映公司财务状 况、资产价值及经营成果，公司基于谨慎性原则，对截至 2025 年 9 月 30 日合并财务报 表范围内的应收款项、应收票据、其他应收款、投资性房地产、固定资产等各类资产进 行了全面清查，对可能发生减 ...

广州山水比德设计股份有限公司 关于产业基金注销登记的公告 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。 一、产业基金基本情况概述 广州山水比德设计股份有限公司（以下简称"公司"）于2022年3月18日召开第二届 董事会第十五次会议、第二届监事会第十次会议，并于2022年4月6日召开2022年第二次 临时股东大会，上述会议审议通过了《关于拟与专业投资机构、实际控制人合作投资发 起设立产业基金暨关联交易的议案》，同意公司以自有资金人民币9000万元作为有限合 伙人与广东易简投资有限公司、实际控制人孙虎合作投资发起设立产业基金（以下简称 "产业基金"）。产业基金的出资总额人民币1亿元，其中公司作为有限合伙人以自有 资金人民币9000万元认缴90%的基金份额；公司实际控制人孙虎拟作为有限合伙人以自 有资金人民币900万元认缴9%的基金份额。具体内容详见公司于2022年3月21日在巨潮资 讯网（www.cninfo.com.cn）上披露的《关于拟与专业投资机构、实际控制人合作投资 发起设立产业基金暨关联交易的公告》（公告编号：2022-009）。 2022年9月8日，公 ...

证券代码：300844 证券简称：山水比德 公告编号：2025-078 广州山水比德设计股份有限公司 关于召开 2025 年第三次临时股东大会的通知 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。 （四）会议召开的日期、时间： 1．现场会议召开时间：2025 年 11 月 14 日（星期五）下午 15:30。 2．网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 11 月 14 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00。通过深圳证券交易所 互联网投票系统进行投票的具体时间为：2025 年 11 月 14 日上午 9:15 至下午 15:00 期 间的任意时间。 （五）会议的召开方式：本次股东大会采用现场投票与网络投票相结合的方式召开。 1．现场投票：包括本人出席及通过填写授权委托书授权他人出席。 2．网 络 投 票 ： 公 司 将 通 过 深 圳 证 券 交 易 所 交 易 系 统 和 互 联 网 投 票 系 统 （http://wltp.cninfo.com.cn）向全体股东提供网络形式的投 ...

证券代码：300844 证券简称：山水比德 公告编号：2025-075 广州山水比德设计股份有限公司 第三届监事会第二十六次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、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 具体内容详见公司同日披露于巨潮资讯网（www.cninfo.com.cn）的相关公告。 （二）审议通过《关于法定盈余公积弥补亏损的议案》 经与会监事认真讨论与审议，监事会认为，公司将母公司法定盈余公积用于弥补母 公司以前年度亏损符合《公司法》《公司章程》等相关规定，有利于公司未来利润分配 政策的顺利实施，不存在损害公司股东，尤其是中小股东利益的行为。监事会一致同意 本次使用法定盈余公积弥补亏损的事项。 表决结果：3 票赞成，0 票反对，0 票弃权，审议通过。 广州山水比德设计股份有限公司（以下简称"公司"）第三届监事会第二十六次会 议于 2025 年 10 月 29 日（星期三）在公司会议室以现场会议方式顺利召开。会议通知 已于 2025 年 10 月 23 日（星期四）以邮件、电话等形式发出。本次会议应出席监事 3 人，实际出席监事 3 人，不存在监事 ...

证券代码：300844 证券简称：山水比德 公告编号：2025-074 经与会董事认真讨论与审议，董事会认为，公司《2025 年第三季度报告》的内容真 实、准确、完整地反映了公司 2025 年第三季度经营的实际情况，不存在任何虚假记载、 误导性陈述或者重大遗漏；报告编制和审核的程序符合法律、行政法规的要求，符合中 国证券监督管理委员会、深圳证券交易所的相关规定。 表决结果：9 票赞成，0 票反对，0 票弃权，审议通过。 本议案已经公司第三届董事会审计委员会审议通过。 广州山水比德设计股份有限公司 第三届董事会第二十六次会议决议公告 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。 一、董事会会议召开情况 广州山水比德设计股份有限公司（以下简称"公司"）第三届董事会第二十六次会 议于 2025 年 10 月 29 日（星期三）在公司会议室以现场会议方式顺利召开。会议通知 已于 2025 年 10 月 23 日（星期四）以邮件、电话等形式发出。本次会议应出席董事 9 人，实际出席董事 9 人，不存在董事委托其他董事代为出席或缺席会议的情形。本次会 议由董事长蔡彬女士 ...

Financial Performance - The company's revenue for Q3 2025 was ¥77,638,032.47, a decrease of 27.31% compared to the same period last year[5] - The net profit attributable to shareholders was -¥39,436,426.38, representing a decline of 564.27% year-on-year[5] - The basic earnings per share were -¥0.44, down 588.89% from the previous year[5] - Total operating revenue for the third quarter reached ¥302,820,599.84, an increase of 5.8% compared to ¥286,982,201.72 in the previous period[33] - Net profit for the third quarter was a loss of ¥36,324,957.80, compared to a profit of ¥19,605,210.06 in the same period last year[34] - The total comprehensive income for the current period is -36,335,559.75, compared to 19,605,210.06 in the previous period, indicating a significant decline[35] - The basic and diluted earnings per share for the current period are both -0.41, down from 0.23 in the previous period[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥966,274,090.64, an increase of 2.50% from the end of the previous year[5] - The company's total assets as of September 30, 2025, were ¥966,274,090.64, an increase from ¥942,749,138.84 at the beginning of the period[30] - Current liabilities rose to ¥226,518,681.51, up from ¥164,564,122.78 at the start of the period, reflecting a significant increase in short-term borrowings[30] - The total equity attributable to shareholders decreased to ¥733,234,336.06 from ¥769,132,196.45, reflecting a decline in retained earnings[31] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥33,712,303.19, a decrease of 38.88% compared to the previous year[5] - Cash inflows from operating activities totaled 315,816,227.84, an increase from 242,285,716.94 in the previous period[37] - Cash outflows from operating activities amounted to 349,528,531.03, compared to 266,560,303.42 in the previous period, resulting in a net cash flow from operating activities of -33,712,303.19[38] - Cash inflows from investing activities were 261,358,641.85, up from 133,281,217.80 in the previous period[38] - Cash outflows from investing activities increased to 467,063,407.87 from 268,607,655.27 in the previous period, leading to a net cash flow from investing activities of -205,704,766.02[38] - Cash inflows from financing activities reached 100,040,000.00, compared to 30,540,000.00 in the previous period[38] - Cash outflows from financing activities decreased to 31,570,467.52 from 37,627,917.11 in the previous period, resulting in a net cash flow from financing activities of 68,469,532.48[38] - The ending cash and cash equivalents balance is 276,081,971.83, compared to 185,697,752.31 in the previous period[38] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,343[14] - The largest shareholder, Shanshui Bide Group, holds 39.17% of shares, totaling 36,512,000 shares[14] - The second-largest shareholder, Sun Hu, owns 20.43% of shares, amounting to 19,040,000 shares[14] - The total number of restricted shares at the beginning of the period was 42,125,000, with 39,860,000 shares released during the period[17] - The number of shares held by the top ten shareholders does not include shares lent through margin trading[15] - The total number of shares held by the top ten unrestricted shareholders is 66,000,000[15] - The company has no preferred shareholders or related changes in preferred stock ownership[16] Stock Option Incentive Plan - The company has implemented a stock option incentive plan for 2025, granting a total of 2.705 million stock options, which is 2.99% of the company's total share capital[18] - The first grant under the incentive plan consists of 2.345 million stock options, representing 86.69% of the total options granted[18] - The company has reserved 360,000 stock options for future grants, which is 0.4% of the total share capital[18] - The company approved the 2025 Stock Option Incentive Plan, granting 2.345 million stock options at an exercise price of 43.81 CNY per option to 78 incentive recipients[20] - As of September 15, 2025, all 39 eligible incentive recipients exercised a total of 2.71488 million shares, increasing the total share capital from 90.496 million shares to 93.21088 million shares[23] - The exercise price for the 2024 Stock Option Incentive Plan was adjusted from 29.68 CNY to 21.2 CNY per share, with the number of options increased from 3.8784 million to 5.42976 million[22] - The company's controlling shareholder's stake was diluted from 74.85% to 72.94% due to the stock option exercise, a change that touched a 1% integer multiple[24] Strategic Investments and Business Operations - The company's inventory increased by 176.72% to ¥9,139,214.66, attributed to the expansion of EPC business scale[9] - The company reported a 33.56% increase in operating costs, totaling ¥185,210,266.57, mainly due to higher design personnel costs and new EPC business costs[10] - Cash received from sales increased by 33.15% to ¥309,524,114.96, driven by improved collection rates[12] - The company made strategic investments totaling ¥460,000,000.00, a 76.92% increase compared to the previous year, indicating a focus on external strategic investments[12] - Research and development expenses for the quarter were ¥25,762,975.92, slightly up from ¥25,504,637.44 in the previous period, indicating continued investment in innovation[33] Fundraising and Financial Management - The company approved adjustments to the internal investment structure and extended the expected completion date for several fundraising projects to August 31, 2028[25] - A new special account for raised funds was established at CITIC Bank for the storage, use, and management of funds related to fundraising projects[26] - The company appointed a new sponsor representative to ensure ongoing supervision of the IPO process, with the supervision period ending on December 31, 2024[28] Audit Status - The financial report for the third quarter has not been audited[40]

证券代码：300844 证券简称：山水比德 公告编号：2025-072 广州山水比德设计股份有限公司 关于 2025 年股票期权激励计划预留授予登记完成的公告 4、2025 年 7 月 8 日，公司披露《监事会关于 2025 年股票期权激励计划激励对象名 单的公示情况说明及核查意见》《关于 2025 年股票期权激励计划内幕信息知情人买卖 公司股票情况的自查报告》。 5、2025 年 7 月 14 日，公司召开 2025 年第二次临时股东大会，审议通过《关于<2025 年股票期权激励计划（草案）>及摘要的议案》《关于<2025 年股票期权激励计划考核管 理办法>的议案》《关于提请股东大会授权董事会办理 2025 年股票期权激励计划相关事 项的议案》。 6、2025 年 7 月 14 日，公司分别召开第三届董事会第二十一次会议和第三届监事会 第二十一次会议，审议通过《关于调整 2025 年股票期权激励计划相关事项的议案》《关 于向激励对象首次授予股票期权的议案》。公司监事会就本激励计划激励对象名单（截 至首次授予日）发表核查意见。 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 ...

Core Points - The stock price of Mountain Water Bid rose by 2.00% on October 24, reaching 54.02 CNY per share, with a market capitalization of 5.035 billion CNY [1] - Year-to-date, the stock has increased by 141.01%, with a 7.33% rise over the last five trading days [1] - The company has a primary business focus on landscape design, with design services accounting for 89.22% of its revenue [1] Financial Performance - For the first half of 2025, Mountain Water Bid reported revenue of 225 million CNY, a year-on-year increase of 24.98% [2] - The net profit attributable to shareholders was 1.907 million CNY, reflecting a significant year-on-year decrease of 84.36% [2] Shareholder Information - As of September 30, the number of shareholders increased by 5.07% to 6,343 [2] - The average number of circulating shares per shareholder decreased by 4.82% to 14,195 shares [2]

Core Viewpoint - The company announced the approval of a stock option incentive plan for its employees, indicating a positive outlook on achieving the set granting conditions [2] Group 1: Company Actions - The company will hold the 25th meeting of the third board of directors and the 25th meeting of the third supervisory board on October 21, 2025 [2] - The board approved the proposal to reserve stock options for incentive objects, suggesting a strategic move to motivate and retain talent [2]