证券代码：300844 证券简称：山水比德 公告编号：2025-034 广州山水比德设计股份有限公司 第三届董事会第二十次会议决议公告 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。 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次会议 于 2025 年 6 月 26 日（星期四）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 6 月 20 日（星期五）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 事长蔡彬女士主持，公司监事、部分高级管理人员列席了本次会议。本次会议的召集、 召开与表决程序符合《中华人民共和国公司法》（以下简称《公司法》）等相关法律法 规及《广州山水比德设计股份有限公司章程》（以下简称《公司章程》）等有关规定， 形成的决议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于<2025 年股票期权激励计划（草案）>及摘要的议案》 为持续推进长期激励机制的建设，吸引和留住优秀人才，有效结合股东 ...

Group 1 - A total of 638 stocks reported their latest shareholder numbers as of June 10, with 268 stocks showing a decrease compared to the previous period [1][3] - Among the stocks with a decline in shareholder numbers, 16 stocks experienced a drop of over 10% [3] - The stock with the largest decrease in shareholder numbers was Shanshui Bide, which saw a 22% drop to 4,744 shareholders [3] Group 2 - The average increase of concentrated stocks since May 21 was 0.76%, outperforming the Shanghai Composite Index, which rose by 0.25% [2] - 44% of concentrated stocks achieved excess returns relative to the market [2] - Yuanlong Yatu had the highest increase among stocks with a decline in shareholder numbers, rising by 48.42% since May 21 [2] Group 3 - The latest concentrated stocks showed an average increase of 2.66% since June 1, with notable performers including Tongyuan Petroleum, Zhun Oil Co., and Jinchengzi, which increased by 85%, 55.44%, and 51.42% respectively [3] - Industries with the most concentrated stocks included machinery, electronics, and basic chemicals, with 31, 29, and 24 stocks respectively [3]

Summary of Key Points Core Viewpoint - A total of 479 stocks reported their latest shareholder numbers as of June 10, with 202 stocks showing a decline in shareholder numbers compared to the previous period, indicating a trend of decreasing investor interest in certain companies [1][3]. Group 1: Shareholder Numbers and Changes - Among the 479 stocks, 202 experienced a decline in shareholder numbers, with 9 stocks seeing a decrease of over 10% [3]. - The stock with the largest decline in shareholder numbers was Shanshui Bide, which reported 4,744 shareholders, a decrease of 22.00% from the previous period [3]. - Dongshan Precision followed with 79,831 shareholders, down 17.81%, while Guoguang Chain saw a decline of 14.45% [3]. Group 2: Stock Performance - The average performance of concentrated stocks since May 21 showed a 0.46% increase, outperforming the Shanghai Composite Index, which fell by 0.10% [2]. - Among the stocks with a decline in shareholder numbers, Yuanlong Yatu had the highest increase of 60.74% since May 21 [2]. - Other notable performers included Tianfu Communication and Hasan Lian, with increases of 39.72% and 30.01%, respectively [2]. Group 3: Industry Concentration - The concentrated stocks were primarily found in the machinery, basic chemicals, and electronics sectors, with 24, 20, and 19 stocks respectively [3]. - The data indicates a significant concentration of investor interest in these industries, suggesting potential investment opportunities [3].

证券代码：300844 证券简称：山水比德 公告编号：2025-033 广州山水比德设计股份有限公司 关于完成工商变更登记并换发营业执照的公告 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、基本情况介绍 广州山水比德设计股份有限公司（以下简称"公司"）分别于 2025 年 4 月 21 日、 2025 年 5 月 12 日召开了第三届董事会第十八次会议、2024 年年度股东大会，审议通过 了《关于变更公司注册地址、注册资本及修订<公司章程>的议案》，具体内容详见公司 于 2025 年 4 月 22 日、2025 年 5 月 12 日在巨潮资讯网（www.cninfo.com.cn）上披露的 相关公告。 公司于 2025 年 5 月 21 日实施完成 2024 年年度权益分派方案，本次实施的权益分派 方案为：以截至 2024 年 12 月 31 日公司总股本 64,640,000 股为基数，以资本公积金向 全体股东每 10 股转增 4 股，本次转增后，公司的总股本增加至 90,496,000 股，注册资 本由人民币 64,640,000 元增加至人民币 90 ...

Group 1 - A total of 201 companies listed on the ChiNext board reported their latest shareholder numbers as of June 10, with 69 companies experiencing a decline in shareholder numbers compared to the previous period, and 13 of these saw a decline exceeding 5% [1] - The company with the largest decline in shareholder numbers is Shanshui Bide, which reported 4,744 shareholders, a decrease of 22.00% from May 31, while its stock price has increased by 6.45% since the concentration of shares began [1] - Another notable decline was observed in Degu Tech, with 13,078 shareholders, a decrease of 10.51%, and its stock price has risen by 13.27% during the same period [1] Group 2 - Continuous decline in shareholder numbers has been noted for 22 companies, with some experiencing a reduction for more than three consecutive periods, and one company has seen a decline for 14 consecutive periods [1] - Among the companies with significant declines, Chuangyitong reported 11,101 shareholders, a cumulative decrease of 36.15%, while Junwei Electronics had 27,517 shareholders, down 24.39% [2] - The average increase in stock prices for concentrated shareholding companies since June 1 is 4.65%, with notable increases for Taotao Automotive, Chuanwang Media, and Tianfu Communication, which rose by 34.44%, 31.80%, and 28.87% respectively [2] Group 3 - The data indicates that certain sectors, including machinery, automotive, and electronics, have the highest concentration of companies with declining shareholder numbers, with 10, 9, and 9 companies respectively [2] - As of June 12, 24 concentrated shareholding companies have attracted leveraged funds, with notable increases in financing balances for Chuangshikeji, Gangdi Technology, and Taotao Automotive, which grew by 22.40%, 21.45%, and 16.90% respectively [2]

Group 1: Company Performance and Market Position - The company achieved revenue growth in 2024 due to focused market expansion and differentiation strategies, particularly in lower-tier cities [2] - The architectural design and landscaping engineering sectors contributed to the company's revenue structure, marking their first significant income share in 2024 [3] - The concentration of the design industry has increased, with a higher demand for comprehensive design capabilities from national firms [3] Group 2: Business Development and Strategic Partnerships - The company plans to expand its business into digital technology, land management, urban renewal, and project operations while solidifying its core landscape design business [3] - Collaboration with Rokid has been upgraded, focusing on integrating design and culture with smart technology [4] - The company aims to enhance its competitive edge through strategic partnerships that align with its core business and promote resource integration [3] Group 3: Financial Management and Risk Mitigation - As of the end of 2024, 72% of accounts receivable are from private real estate companies, with 24% from state-owned enterprises [5] - The company has established a special collection mechanism, optimizing the bad debt provision ratio to 46%, a 5% decrease year-on-year [5] - To mitigate risks, the company focuses on selecting high-quality clients and enhancing accounts receivable management [5] Group 4: Urban Renewal and Future Goals - Urban renewal is a key focus, with projects in major cities like Beijing and Guangzhou aimed at improving cultural districts and public spaces [6] - The company has set ambitious performance targets for 2025, aiming for a revenue growth rate of at least 21% from a 2023 base of CNY 333 million and a net profit of no less than CNY 15 million [7] - Future strategies include a shift towards integrated service models and international market expansion to drive growth [8]

Summary of the Conference Call for Shanshui Bide Company Overview - Shanshui Bide was established in 2007 and is headquartered in Guangzhou, with over 1,000 employees and operations in 21 cities across China, completing over 5,000 projects [3][20] - The company is a comprehensive planning and design platform with qualifications in urban planning, architecture, and landscape architecture, primarily serving government and real estate developers [3][20] Financial Performance - In 2024, Shanshui Bide reported revenue of 459 million yuan, a year-on-year increase of 7%, and a net profit of 28.62 million yuan, up 126.42%, marking a turnaround from losses [2][5] - The improvement in financial performance is attributed to revenue growth, increased gross margins, cost reduction measures, and enhanced accounts receivable management [2][5] Product and Technology Development - The newly established Shanshui Digital Technology Company launched four product systems covering the entire landscape design process: CAD for preliminary analysis, AI drawing for planning, rapid BIM for modeling, and i-modeling BIM for construction [2][6] - The company is exploring collaboration with Roki in the field of smart terminal integration, aiming to combine digital products with hardware for project site surveys and AI collaboration [2][8] Strategic Goals and Future Plans - The company aims for a revenue growth rate of no less than 21% in 2025, based on a 2023 revenue of 333 million yuan, and a net profit target of at least 15 million yuan [2][10] - To achieve these goals, Shanshui Bide plans to solidify its core landscape design business, expand into lower-tier cities, optimize its business structure, and enhance accounts receivable management [2][11][12] Market and Business Structure - The company currently derives a small portion of its revenue from urban renewal projects, with design-related income of approximately 3 million yuan in 2024 [4][13] - Shanshui Bide's business model primarily involves providing comprehensive design solutions, with a focus on quality and customer satisfaction [3][20] Competitive Advantages - Shanshui Bide possesses significant advantages in talent, brand reputation, customer resources, and innovation capabilities, with 88% of its employees holding bachelor's degrees or higher [20] - The company invests approximately 33 million yuan annually in R&D to enhance production efficiency and customer satisfaction [20] Industry Dynamics - The landscape design industry is experiencing a shift, with increasing participation from state-owned enterprises in urban renewal projects, while private enterprises' involvement has decreased [23] - The company has seen a doubling of revenue in North and Northwest regions, attributed to policy shifts and increased demand for landscape services, while revenue in the South has declined due to reduced real estate investment [27] Collaboration and Partnerships - Shanshui Bide is in discussions with Roki and Lockheed for potential collaborations, focusing on digital technology and urban renewal [7][19] - The company has established a strong client base, including major state-owned and private enterprises, ensuring a diversified revenue stream [24][25] Conclusion - Shanshui Bide is positioned for growth with a clear strategy to enhance its core business, leverage technology, and expand into new markets while maintaining a focus on innovation and quality service delivery [2][10][20]

Group 1: Financial Performance - The company achieved a turnaround in 2024, with a revenue increase of 37.84% compared to the previous year, while costs only rose by 7.7%, leading to a nearly 14 percentage point increase in gross margin [2][3] - The company reported a credit impairment loss of 49.83 million yuan, a decrease of 34.3% year-on-year, due to improved accounts receivable management [3] - The 2025 performance targets include a revenue growth rate of no less than 21% from the 2023 revenue base of 333 million yuan and a net profit of at least 15 million yuan [2] Group 2: Business Strategy - The company focuses on market expansion by targeting lower-tier cities and optimizing its business structure through differentiated competition [2] - Future investments will be driven by mergers and acquisitions, emphasizing synergy with core business and enhancing competitiveness [4][5] - The company aims to strengthen its urban renewal projects in major cities, aligning with national policies on new urbanization [3] Group 3: Competitive Advantages - The company boasts a high-quality design team of 1,069 employees, led by a prominent industry figure, enhancing its talent advantage [6] - It has established a strong brand presence in landscape design, recognized for its quality and service [6][7] - The company maintains robust relationships with local governments and leading real estate developers, enhancing its client advantage [6][7] - Innovation is a key driver for the company, with a focus on R&D aligned with market needs [7]

Financial Performance - The company achieved operating revenue of 459.26 million yuan in 2024, a year-on-year increase of 37.84% [2] - Net profit attributable to shareholders was 28.62 million yuan, up 126.42% year-on-year [3] - Net profit excluding non-recurring gains and losses was 12.09 million yuan, a 109.09% increase year-on-year [3] Business Structure and Strategy - The company has gradually reduced the proportion of community landscape design business from 82.23% in 2021 to 71.97% in 2024, while introducing architectural design and engineering contracting services [2][4] - The company aims to enhance its market share by expanding into lower-tier cities and implementing differentiated competition strategies [2] Cost Management and Efficiency - Revenue growth of 37.84% was achieved with a cost increase of only 7.7%, resulting in a gross margin improvement of nearly 14 percentage points [3] - The company reduced credit impairment losses by 34.3%, amounting to 49.83 million yuan, through stricter accounts receivable management [3] Future Business Development - The company plans to increase the revenue share of municipal and cultural tourism businesses, which are currently underdeveloped [4] - The EPC (Engineering, Procurement, and Construction) business generated 18.86 million yuan, accounting for 4.11% of total revenue [5] Digital Transformation and Technology - The company has developed a digital design software matrix, including "Shanshui Zhijing 3.0," which integrates AI tools to enhance design efficiency [5][6] - The company holds 74 software copyrights but has yet to generate significant revenue from digital technology [6] ESG and Sustainability Initiatives - The company has implemented technologies in low-carbon communities that enhance carbon sequestration by 20%-30% [6] - An ESG working group has been established to integrate ESG principles into strategic planning and daily operations [6]

Group 1 - The company has approved the 2024 annual profit distribution and capital reserve transfer plan at the shareholders' meeting held on May 12, 2025, with no cash dividends or bonus shares being distributed [1][2] - The profit distribution plan involves increasing the total share capital from 64,640,000 shares to 90,496,000 shares, with a distribution ratio of 4 new shares for every 10 shares held [2][3] - The record date for the equity distribution is set for May 20, 2025, and the ex-rights date is May 21, 2025 [2][3] Group 2 - The equity distribution will be directly credited to shareholders' securities accounts on May 21, 2025, with fractional shares being allocated based on a specific sorting method [2][3] - The total share capital after the distribution will consist of 90,496,000 shares, with the increase attributed to the capital reserve transfer [3] - The company will adjust the distribution total if there are changes in share capital due to stock options, convertible bonds, or share buybacks before the implementation of the distribution [1][2]