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]

Group 1 - The company, Shanshui Bide, held its 25th meeting of the third board of directors on October 21, 2025, to discuss the proposal for reserving stock options for incentive targets [1] - The meeting was conducted in person at the company's conference room [1] Group 2 - The interview with He Keng emphasized the need to shift funding focus from excessive investment in housing and infrastructure to enhancing investments in the livelihood sector [1]

Core Points - The Shenzhen Stock Exchange issued a regulatory letter to Guangzhou Shanshui Bide Design Co., Ltd. and its executives due to violations related to the management of idle raised funds [1][2] - The company used idle raised funds for cash management from September 2021 to August 2023, involving 22 transactions, with 3 being principal-protected and 19 non-principal-protected products [1] - The company failed to accurately disclose the types of financial products used in cash management and did not sufficiently warn about the risks associated with non-principal-protected products [1] Company Responsibilities - The chairman and general manager, Cai Bin, and the board secretary, Qin Peng, did not fulfill their duties and are held responsible for the company's violations [2] - Former chairman and general manager, Sun Hu, along with former board secretary and CFO, Zhou Qiao, also failed to perform their responsibilities, contributing to the company's regulatory issues [2] - The entire board of directors is required to ensure that information disclosure is truthful, accurate, and complete, and they bear individual and joint responsibility for any misrepresentation or omissions [2]