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]
山水比德(300844) - 2025年5月21日投资者关系活动记录表