山水比德：10月21日召开董事会会议

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]