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]

证券代码：300844 证券简称：山水比德 公告编号：2025-032 广州山水比德设计股份有限公司 2024 年年度权益分派实施公告 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。 广州山水比德设计股份有限公司（以下简称"公司"）2024 年年度权益分派方案 已获 2025 年 5 月 12 日召开的 2024 年年度股东大会审议通过，现将权益分派事宜公告 如下： 一、股东大会审议通过利润分配及资本公积金转增股本方案的情况 公司于 2025 年 5 月 12 日召开 2024 年年度股东大会，审议通过了《关于 2024 年度 利润分配及资本公积金转增股本方案的议案》，具体利润分配方案如下：以公司总股本 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（最终准确数量以中国证券登记结算有限责任公司深圳 分公司实际登记确认的数量为准）（以下简称"中国结算深圳分公司"），不送红股， 不派发现金红利。若在本次利润分配方案公布后至权益分派实施前，公司股本因股权激 励行权、可转债转股、 ...

法律意见书 guangzhou.dachenglaw.com 广州市天河区珠江新城珠江东路 6 号广州周大福金融中心 14 层、15 层（510623） 14/F,15/F CTF Finance Centre No 6 Zhujiang East Road Tianhe District 510623, Guangzhou, China Tel:+8620-85277000 Fax:+8620-85277002 北京大成（广州）律师事务所 广州市天河区珠江新城珠江东路 6 号 广州周大福金融中心 14-15 层 北京大成（广州）律师事务所 关于广州山水比德设计股份有限公司 2024 年年度股东大会的法律意见书 北京大成（广州）律师事务所 关于广州山水比德设计股份有限公司 2024 年年度股东大会的 致：广州山水比德设计股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市公司 股东会规则》（中国证券监督管理委员会公告〔2025〕7 号，以下简称"《股东会 规则》"）等法律、法规和其他有关规范性文件的要求，北京大 ...

广州山水比德设计股份有限公司 2024 年年度股东大会决议公告 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。 特别提示： 证券代码：300844 证券简称：山水比德 公告编号：2025-031 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 5 月 12 日上午 9:15 至 9:25，9:30 至 11:30，下午 13:00 至 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 5 月 12 日上 午 9:15 至下午 15:00 期间的任意时间。 （二）现场会议召开的地点：广州市海珠区新港东路 1166 号环汇商业广场南塔四楼 会议室 （三）会议召开的方式：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 （四）会议召集人：公司第三届董事会 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议时间： 1、现场会议时间：2025 年 5 月 12 日（星期一）下午 15：30。 1.本次股东大会无否决议案的情形。 （五）会议主持人：公司董事长蔡彬女士 ...

证券代码：300844 证券简称：山水比德 公告编号：2025-030 广州山水比德设计股份有限公司 关于召开 2024 年年度股东大会的提示性公告 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。 广州山水比德设计股份有限公司（以下简称"公司"）已于 2025 年 4 月 22 日在巨潮资讯网（www.cninfo.com.cn）披露了《关于召开 2024 年年度股东大会 的通知》（公告编号：2025-023），为保护投资者权益，方便公司股东行使股东 大会表决权，现将有关事项再次提示如下： 一、召开会议的基本情况 （一）股东大会届次：2024 年年度股东大会 （二）股东大会的召集人：公司董事会 同一股份只能选择现场投票或网络投票中的一种表决方式。同一表决权出现 重复表决的以第一次投票表决结果为准。 （六）会议的股权登记日：2025 年 5 月 7 日（星期三）。 （七）出席对象 （三）会议召开的合法、合规性： 根据公司第三届董事会第十八次会议决议，本次股东大会的召集、召开程序 符合《中华人民共和国公司法》（以下简称《公司法》）、《深圳证券交易所创 业板股票上市 ...

广州山水比德设计股份有限公司 证券代码：300844 证券简称：山水比德 公告编号：2025-027 经与会监事认真讨论与审议，监事会认为，公司《2025 年第一季度报告》的内容真 实、准确、完整地反映了公司 2025 年第一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：3 票赞成，0 票反对，0 票弃权，审议通过。 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。 三、备查文件 1.广州山水比德设计股份有限公司第三届监事会第十九次会议决议。 特此公告。 第三届监事会第十九次会议决议公告 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 广州山水比德设计股份有限公司（以下简称"公司"）第三届监事会第十九次会议 于 2025 年 4 月 25 日（星期五）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 4 月 18 日（星期五）以邮件、电话等形式发出。本次 ...