Core Viewpoint - *ST Yuan Cheng (603388.SH) reported a significant decline in both revenue and net profit for the first half of 2025, primarily due to adverse macroeconomic conditions affecting the industry and increased market competition [1] Group 1: Financial Performance - The company achieved operating revenue of 82.34 million yuan in the first half of 2025 [1] - The net profit attributable to shareholders was -126.80 million yuan, indicating a substantial loss [1] Group 2: Reasons for Performance Decline - The industry faced significant impacts from macroeconomic downturns, leading to reduced investment from key clients and intensified competition, resulting in a notable decrease in new orders and slow progress on existing orders [1] - Key clients experienced challenges in raising construction funds, which pressured their payment capabilities, causing delays in accounts receivable collections and further contributing to the decline in revenue and profit [1] - The transfer of equity in Silicon Valley Electronics and increased provisions for credit impairment losses also negatively impacted net profit during the reporting period [1]

Financial Performance - The company reported a significant decline in net profit, with a year-on-year decrease of 662.51%, resulting in a net profit of -33.61 million yuan for the first half of 2025 [1] - Total operating revenue for the company was 820 million yuan, down 6.12% compared to the previous year, with a second-quarter revenue of 476 million yuan, reflecting a 10.41% decline [1] - The gross profit margin decreased to 7.18%, a reduction of 15.52% year-on-year, while the net profit margin fell to -4.15%, a drop of 711.51% [1] Key Financial Metrics - The company’s earnings per share (EPS) was -0.02 yuan, a staggering decrease of 690.91% year-on-year [1] - The operating cash flow per share was -0.11 yuan, down 133.63% compared to the previous year [1] - The company’s total liabilities decreased by 12.43%, with interest-bearing debt at 229 million yuan [1] Historical Performance - The company has shown poor historical financial performance, with a median Return on Invested Capital (ROIC) of -1.58% over the past decade, indicating low investment returns [3] - The company has reported losses in five out of twelve annual reports since its listing, suggesting a trend of underperformance [3]

Group 1 - Company announced a provision for credit and asset impairment of approximately 42.66 million yuan, which will reduce the total profit for the first half of 2025 by the same amount [1] - For the year 2024, the revenue composition of the company is as follows: 89.08% from landscape engineering construction, 5.33% from maintenance and operation, 2.1% from land consolidation, 1.61% from landscape design, and 0.72% from other sources [1]

Group 1 - Company announced a stock issuance to specific investors, authorized by the 2024 annual general meeting, with a maximum of 35 investors involved [1] - The issuance price will not be lower than 80% of the average stock price over the last 20 trading days prior to the pricing benchmark [1] - The company aims to raise up to 200 million yuan, with funds allocated for a total investment of approximately 918 million yuan for the Huixiu Cultural Tourism Engineering project and 6 million yuan for working capital [1] Group 2 - For the year 2024, the company's revenue composition is as follows: 89.08% from landscaping engineering construction, 5.33% from maintenance and operation, 2.1% from land consolidation, 1.61% from landscape design, and 0.72% from other sources [1]

Group 1 - The board of directors of Hangzhou Garden Greening Co., Ltd. held its fourth meeting of the fifth session on August 29, 2025, via communication voting, with 7 directors present [1] - The board approved the 2025 semi-annual report and its summary, which had been reviewed by the audit committee [1] - The board approved a proposal to apply for a comprehensive credit limit of up to RMB 300 million from non-bank institutions to support the company's operational needs [2] Group 2 - The board confirmed that the company meets the conditions for issuing A-shares to specific targets through a simplified procedure [2][3] - The board approved the plan for issuing A-shares to specific targets, including details on the type of shares, issuance method, and pricing principles [3][4] - The board approved the feasibility analysis report for the use of funds raised from the A-share issuance [5] Group 3 - The board approved a report on the use of previously raised funds, which will be submitted to the shareholders' meeting for review [5][6] - The board approved a proposal regarding the dilution of immediate returns due to the A-share issuance and measures to compensate for this dilution [6] - The board approved a three-year dividend return plan for shareholders from 2025 to 2027 [6][7] Group 4 - The board approved a proposal to hold the third extraordinary shareholders' meeting of 2025 [7]

Core Viewpoint - The company confirms that there are no financial support or compensation arrangements provided to investors participating in the stock issuance, either directly or through related parties [1] Group 1 - The company held the fourth meeting of the fifth board of directors and the third meeting of the fifth supervisory board on August 29, 2025, to review the stock issuance proposal [1] - The company has committed that there are no guarantees of minimum returns or disguised guarantees of returns to the investors participating in the issuance [1] - The announcement emphasizes the absence of financial assistance or compensation to investors from the company or related parties [1]

Group 1 - The company, Hangzhou Garden Greening Co., Ltd., has announced a plan to issue A-shares to specific investors through a simplified procedure [1] - The board of directors and the supervisory board have approved the proposal during meetings held on August 29, 2025 [1] - The announcement does not imply any substantive judgment or approval from regulatory authorities regarding the issuance [1] Group 2 - The effectiveness and completion of the share issuance are subject to approval from the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission [1] - Investors are advised to be aware of investment risks associated with this issuance [1]

智通财经APP讯，园林股份(605303.SH)发布2025年半年度报告，报告期内，公司实现营业收入2.88亿 元，同比下降10.61%。归属于上市公司股东净亏损7443.46万元，归属于上市公司股东的扣除非经常性 损益净亏损7622.51万元。基本每股亏损0.46元。 ...

证券代码：605303 证券简称：园林股份 公告编号：2025-055 杭州市园林绿化股份有限公司 2025 年第二季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 杭州市园林绿化股份有限公司（以下简称"公司"）根据《上海证券交易所 上市公司自律监管指引第 3 号——行业信息披露》之《上市公司行业信息披露指 引第八号——建筑》的相关规定，现将 2025 年第二季度主要经营数据（未经审 计）公告如下： 2025 年 1-6 月，公司及下属公司新签项目合同 16 项，合计金额为人民币 3,185.07 万元。本年签订项目合同中，工程施工项目 2 项；工程设计项目 14 项。 三、已签约尚未执行的重大项目进展情况 1、新野县乡村振兴农村人居环境综合治理项目（EPC）工程总承包 该项目具体情况详见公司于 2021 年 11 月 19 日披露的《关于签订重大合同 的公告》（公告编号：2021-055）。目前该项目因专项资金未到位，尚未进入执行 阶段。 2、串场河景观带建设工程（步湖路至伍佑港段）总承包 该项目具体情 ...

Core Viewpoint - China Greenland Broad Greenfield (01253) reported a significant increase in revenue but also a substantial increase in shareholder losses for the six months ending June 30, 2025 [1] Financial Performance - The group's revenue reached RMB 7.154 million, representing a year-on-year growth of 102.55% [1] - Shareholder losses amounted to RMB 29.551 million, which is an increase of 484.24% compared to the previous year [1] - The loss per share was reported at 0.5 cents [1]