证券代码：601038 证券简称：一拖股份 公告编号：临 2024－55 第一拖拉机股份有限公司 第九届董事会第三十次会议决议公告 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。 同意公司对符合条件的债权合计 169.75 万元进行核销处理，相关债权已全 额计提减值准备，不会对公司当期损益产生影响。 表决结果：8 票同意，0 票弃权，0 票反对。 (二)《关于公司 2025 年度融资规模事项的议案》 同意公司 2025 年融资规模最高不超过 50 亿元，其中贷款规模不超过 8 亿 元，票据业务规模不超过 42 亿元。期限自董事会批准之日起至 2026 年 3 月 31 日止。公司第九届董事会第十九次会议批准的 2024 年度融资额度有效期自然终 止。 表决结果：同意 8 票，反对 0 票，弃权 0 票。 (三)《关于修订公司<金融衍生业务管理办法>的议案》 一、董事会会议召开情况 第一拖拉机股份有限公司（以下简称公司）第九届董事会第三十次会议 （以下简称本次会议）于 2024 年 12 月 27 日以现场方式召开，会议通知已于 ...

2023 年 12 月 18 日，公司持有的标的股权在北京产权交易所正式公开挂牌， 截至 2024 年 12 月 23 日，标的股权公开挂牌期届满，未征集到符合条件的意向 受让方，本次挂牌事宜终止。 证券代码：601038 证券简称：一拖股份 公告编号：临 2024-54 第一拖拉机股份有限公司 关于公开挂牌转让参股公司股权的进展公告 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个别及连带责任。 一、交易概述 第一拖拉机股份有限公司（以下简称公司）于 2023 年 10 月 27 日召开第九 届董事会第十五次会议，审议同意公司通过北京产权交易所公开挂牌转让所持洛 银金融租赁股份有限公司 6.875%股权（以下简称标的股权），挂牌价格不低于 经国资监管机构备案的标的股权评估值。具体内容详见公司于 2023 年 10 月 28 日在上海证券交易所网站披露的《关于公开挂牌转让参股公司股权的公告》。 二、交易进展情况 三、其他说明 公司目前经营情况正常，本次交易的终止不会对公司现有的日常经营和财务 状况等方面造成重大不利影响，不存在损害公司及 ...

于一九九七年六月五日获临时股东大会通过接纳 于二零零二年十一月十八日临时股东大会修改 于二零零四年十月二十八日股东大会修改 于二零零七年十月三十一日董事会修改 （经二零零七年六月十五日股东周年大会授权） 于二零零八年九月九日临时股东大会修改 于二零零九年六月十九日股东周年大会修改 于二零一零年八月十六日临时股东大会修改 于二零一二年一月十九日临时股东大会修改 于二零一二年三月六日临时股东大会修改 于二零一二年八月十四日董事会修改 （经二零一一年八月十五日临时股东大会授权） 二零一三年股东周年大会修改 于二零一四年十月三十一日临时股东大会修改 于二零一五年十月二十九日临时股东大会修改 于二零一六年十二月十三日临时股东大会修改 于二零一七年五月二十六日董事会修改 （经二零一六年五月二十七日股东周年大会授权） 于二零一八年八月二十八日临时股东大会修改 于二零一九年十一月二十九日临时股东大会修改 于二零二一年三月一日董事会修改 （经二零二零年七月二十四日临时股东大会授权） 于二零二一年六月八日股东周年大会修改 于二零二一年十一月二日临时股东大会修改 于二零二二年四月十三日临时股东大会修改 于二零二三年十二月八日临时股 ...

第一拖拉机股份有限公司 股东会议事规则 （2024 年 12 月修订） 第一章 总 则 第一条 为规范第一拖拉机股份有限公司（以下简称"公 司"）行为，保障股东依法行使权利，确保股东会高效规范运 作和科学决策，完善公司治理结构，根据《中华人民共和国 公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》 （以下简称"《证券法》"）、《上市公司股东大会规则》（以下 简称"《股东大会规则》"）、《国务院关于调整适用在境外上市 公司召开股东大会通知期限等事项规定的批复》等有关法律 法规、上海证券交易所和香港联交所的相关规定和《第一拖 拉机股份有限公司章程》（以下简称"公司章程"）的规定， 制定本规则。 第二条 公司应当严格按照法律法规、上市规则、本规则 及公司章程的相关规定召开股东会，保证股东能够依法行使 权利。 公司董事会应当切实履行职责，认真、按时组织股东会。 公司全体董事应当勤勉尽责，确保股东会正常召开和依法行 使职权。 第二章 股东会的职权 第三条 股东会是公司的权力机构，依法行使职权。 第四条 股东会行使下列职权： （一）选举和更换董事，决定有关董事的报酬事项； （二）选举和更换非由职工代表担任的监 ...

Financial Performance - Operating revenue for the third quarter was CNY 2,929,760,090.86, a decrease of 2.45% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 195,552,935.06, down 40.93% year-on-year[5]. - Basic earnings per share decreased by 40.93% to CNY 0.1740[5]. - The weighted average return on net assets was 2.66%, a decrease of 2.34 percentage points compared to the same period last year[5]. - Total revenue for the first three quarters of 2024 reached RMB 10,736,379,923.58, an increase of 4.73% compared to RMB 10,251,806,292.67 in the same period of 2023[25]. - The net profit for the first three quarters of 2024 reached ¥1,115,315,214.65, a slight increase from ¥1,092,324,002.62 in the same period of 2023, representing a growth of approximately 2.1%[27]. - Total revenue from operating activities amounted to ¥9,107,655,152.34 in the first three quarters of 2024, compared to ¥8,534,245,072.80 in 2023, indicating an increase of about 6.7%[32]. - The operating profit for the first three quarters of 2024 was ¥1,305,114,623.98, up from ¥1,157,018,048.68 in 2023, reflecting a growth of approximately 12.8%[26]. - Basic earnings per share for the first three quarters of 2024 were ¥0.9798, compared to ¥0.9658 in 2023, showing an increase of about 1.9%[30]. - The total comprehensive income attributable to the parent company's owners for the first three quarters of 2024 was ¥1,115,529,348.54, compared to ¥1,096,537,446.61 in 2023, marking a growth of approximately 1.7%[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,800,090,626.94, an increase of 14.35% from the end of the previous year[5]. - Total assets as of September 30, 2024, amounted to RMB 15,800,090,626.94, compared to RMB 13,817,261,971.79 at the end of 2023, indicating a growth of 14.3%[21]. - The total liabilities increased to RMB 7,831,296,534.02 from RMB 6,597,932,308.41, marking a rise of 18.7%[23]. - The company's equity attributable to shareholders rose to RMB 7,440,324,374.61 as of September 30, 2024, compared to RMB 6,691,690,666.55 at the end of 2023, an increase of 11.2%[24]. Cash Flow - Net cash flow from operating activities for the year-to-date was CNY 1,744,781,554.68, an increase of 16.27% year-on-year[5]. - The net cash flow from operating activities for the first three quarters of 2024 was ¥1,744,781,554.68, up from ¥1,500,649,110.70 in 2023, reflecting a growth of about 16.3%[34]. - Cash inflow from operating activities increased to ¥9,107,655,152.34 in 2024 from ¥8,534,245,072.80 in 2023, representing a rise of about 6.7%[32]. - Cash outflow for purchasing goods and services was ¥5,889,702,280.20 in 2024, compared to ¥5,659,505,167.91 in 2023, indicating an increase of approximately 4.1%[34]. - The company's cash and cash equivalents decreased to RMB 2,317,864,928.67 as of September 30, 2024, down from RMB 2,769,578,885.96 at the end of 2023, a decline of 16.3%[20]. - The ending balance of cash and cash equivalents as of September 2024 was approximately $1.74 billion, down from $2.87 billion at the end of September 2023[37]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,574, with 48.81% of shares held by the largest shareholder, China Yituo Group Co., Ltd.[12]. - The top 10 shareholders hold a total of 548,485,853 unrestricted circulating shares, with HKSCC NOMINEES LIMITED holding 389,025,309 shares, representing 70.8% of the total[15]. - The largest shareholder, 富国基金－中國人壽保險股份有限公司－分紅險, holds 7,671,241 shares, accounting for 0.68% of the total shares[16]. - The total number of shares held by the basic pension insurance fund is 3,898,699, which represents 0.35% of the total shares[16]. - The top 10 unrestricted shareholders include several investment funds, with 招商銀行股份有限公司－南方 holding 2,617,000 shares, representing 0.23%[14]. - The report indicates that there are no known relationships among the top shareholders that would classify them as acting in concert under the regulations[17]. - The company has not disclosed any information regarding the participation of the top shareholders in margin financing and securities lending[17]. Strategic Initiatives - The company plans to expand its market presence through strategic acquisitions and partnerships, as evidenced by the recent acquisition of ZF's equity[19]. - The company acquired 51% equity of ZF (China) Investment Co., Ltd. for a total price of 97,476,149 RMB, which will be consolidated into the company's financial statements[19]. - The company announced the resignation of three board members, including the chairman, and appointed new non-independent directors during the 2024 first extraordinary shareholders' meeting[18]. - The company will continue to monitor and adapt its strategies in response to market conditions and shareholder dynamics[18]. Expenses and Income - Operating costs for the first three quarters of 2024 were RMB 9,670,238,422.90, up from RMB 9,239,404,972.71 in 2023, reflecting a year-over-year increase of 4.66%[25]. - Research and development expenses for the first three quarters of 2024 were RMB 317,450,819.65, up from RMB 290,167,982.58 in 2023, reflecting a growth of 9.4%[25]. - The company reported a financial income of RMB 38,287,439.33 for the first three quarters of 2024, compared to RMB 45,931,429.25 in the same period of 2023, a decrease of 16.7%[25]. - Investment income for the first three quarters of 2024 was ¥122,315,342.61, compared to ¥98,510,105.73 in 2023, showing an increase of approximately 24.2%[26]. Inventory and Receivables - Accounts receivable increased significantly to RMB 1,498,823,037.09 from RMB 331,205,994.88, representing a growth of 352.5%[20]. - The inventory decreased to RMB 1,226,171,260.62 from RMB 1,514,190,377.68, representing a decline of 19.0%[20].

Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥10.74 billion, a decrease of 2.45% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was approximately ¥1.10 billion, down 40.93% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥1.07 billion, a decrease of 40.44% compared to the previous year[4]. - The basic earnings per share for the period was ¥0.9798, reflecting a decline of 40.93% year-on-year[4]. - Total operating revenue for the first three quarters of 2024 reached CNY 10,736,379,923.58, an increase of 4.73% compared to CNY 10,251,806,292.67 in the same period of 2023[16]. - Net profit attributable to shareholders of the parent company was CNY 1,100,902,509.20, up from CNY 1,085,194,909.92 in the previous year, reflecting a growth of 1.46%[17]. - The total comprehensive income for the period was CNY 1,115,529,348.54, slightly up from CNY 1,096,537,446.61 in the previous year, indicating a growth of 1.73%[18]. Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately ¥15.80 billion, an increase of 14.35% compared to the end of the previous year[4]. - The company's total assets reached CNY 15,800,090,626.94, up from CNY 13,817,261,971.79, indicating a growth of 14.31%[15]. - The total liabilities increased to CNY 7,831,296,534.02, compared to CNY 6,597,932,308.41 in the previous year, marking an increase of 18.69%[15]. - The company's current assets totaled approximately RMB 7.89 billion, up from RMB 6.49 billion at the end of 2023, indicating a growth of around 21.6%[13]. - The cash and cash equivalents decreased to approximately RMB 2.32 billion from RMB 2.77 billion, a decline of about 16.3%[12]. - The total liabilities of the company are not specified in the provided documents, but the increase in total assets suggests a potential increase in leverage[12]. Cash Flow - The net cash flow from operating activities for the period was approximately ¥1.74 billion, an increase of 16.27% year-on-year[4]. - The cash flow from operating activities showed a significant improvement, with net cash inflow reported at CNY 1,115,529,348.54 compared to CNY 1,096,537,446.61 in the previous year[18]. - In the first three quarters of 2024, the cash inflow from operating activities reached ¥9,107,655,152.34, an increase of 6.7% compared to ¥8,534,245,072.80 in the same period of 2023[21]. - The net cash flow from operating activities for the first three quarters of 2024 was ¥1,744,781,554.68, up from ¥1,500,649,110.70 in 2023, representing a growth of 16.3%[21]. - The total cash outflow from investing activities in the first three quarters of 2024 was ¥2,204,139,704.69, slightly higher than ¥2,159,793,874.85 in 2023[21]. - The net cash flow from investing activities for the first three quarters of 2024 was -¥1,830,292,014.39, an improvement from -¥2,124,329,045.16 in 2023[21]. - The cash outflow from financing activities in the first three quarters of 2024 totaled ¥394,123,868.94, compared to ¥338,604,648.76 in 2023[22]. - The net cash flow from financing activities for the first three quarters of 2024 was -¥394,123,868.94, worsening from -¥38,604,648.76 in 2023[22]. - The cash and cash equivalents at the end of the third quarter of 2024 amounted to ¥1,744,554,983.94, down from ¥2,865,916,340.18 at the end of the same period in 2023[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,574, with the largest shareholder holding 48.81% of the shares[8]. - The company appointed new non-independent directors during the shareholder meeting held on August 2, 2024, indicating a shift in governance[11]. Investments and Expenses - Research and development expenses for the first three quarters amounted to CNY 317,450,819.65, which is an increase of 9.25% from CNY 290,167,982.58 in the same period last year[16]. - The company completed the acquisition of a 51% stake in ZF (China) Investment Co., Ltd. for a total price of RMB 97.48 million, enhancing its market position[11]. - The company received tax refunds of ¥143,073,680.06 in the first three quarters of 2024, a decrease from ¥230,651,928.16 in 2023[21]. - The company paid ¥867,458,400.34 to employees in the first three quarters of 2024, an increase from ¥800,200,119.24 in 2023, reflecting a growth of 8.4%[21].

第 一拖拉机股份有限公司 FIRST TRACTOR COMPANY LIMITED* (於中華人民共和國註冊成立的股份有限公司) 股份代號 : 0038.HK 601038.SH 2024 中期業績報告 造供鐵別 重要提示 1 第一拖拉機股份有限公司 2024 中期報告 重要提示 一、 本公司董事會、監事會及董事、監事、高級管理人員保證半年度報告內容的真實性、準確性、完整性，不存在 虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 二、 未出席董事情況 未出席董事職務 未出席董事姓名 未出席董事的原因說明 被委託人姓名 董事長 黎曉煜 因公務 魏濤 三、 本半年度報告未經審計。 四、 公司負責人黎曉煜、主管會計工作負責人康志鋒及會計機構負責人（會計主管人員）蔣靜媛聲明：保證半年度 報告中財務報告的真實、準確、完整。 五、 董事會決議通過的本報告期利潤分配預案或公積金轉增股本預案 無 六、 前瞻性陳述的風險聲明 本報告涉及的本公司發展戰略、經營計劃等前瞻性陳述不構成本公司對投資者的實質承諾，敬請投資者注意 風險。 七、 是否存在被控股股東及其他關聯方非經營性佔用資金情況? 否 八、 是否存在違反規 ...

Financial Performance - Total revenue for the six months ended June 30, 2024, was RMB 7,806,619,832.72, compared to the same period in 2023[2] - Net profit attributable to shareholders for the same period was RMB 905,349,574.14, with earnings per share of RMB 0.8057[2] - Total operating revenue for the first half of 2024 reached ¥7,806,619,832.72, an increase of 7.67% compared to ¥7,248,544,566.19 in the same period last year[8] - Net profit for the first half of 2024 was ¥919,695,759.54, representing a growth of 20.39% from ¥764,475,408.69 in the previous year[9] - Operating profit increased to ¥1,077,306,515.25, up 31.66% from ¥818,317,831.85 year-over-year[9] - The company reported a total profit of ¥1,080,991,672.89, which is a 31.66% increase from ¥820,998,952.24 in the same period last year[9] - The company’s net current assets increased to RMB 610.65 million from RMB 443.07 million at the beginning of the period[39] - The average return on equity (ROE) was 12.78% before deducting non-recurring gains and losses, and 12.39% after[42] - The comprehensive gross margin of the company's main products increased by 1.16 percentage points year-on-year, indicating enhanced profitability[49] Assets and Liabilities - Current assets as of June 30, 2024, totaled RMB 7,105,460,103.46, an increase from RMB 6,487,671,852.68 as of December 31, 2023[3] - Total assets reached RMB 14,781,260,907.38 as of June 30, 2024, compared to RMB 13,817,261,971.79 at the end of 2023[4] - Total liabilities amounted to RMB 7,013,881,865.81 as of June 30, 2024, up from RMB 6,597,932,308.41 at the end of 2023[6] - Shareholders' equity increased to RMB 7,767,379,041.57 as of June 30, 2024, from RMB 7,219,329,663.38 at the end of 2023[7] - The company's asset-liability ratio decreased to 47.45% from 47.75% at the beginning of the year, a decline of 0.3 percentage points[58] Cash Flow and Expenses - Cash and cash equivalents at the end of the period totaled 2,050,410,254.15, down from 2,769,578,885.96 at the beginning of the period, representing a decrease of approximately 26%[24] - The total depreciation and amortization expense for the current period was 144,442,021.13, slightly down from 148,750,471.58 in the previous period[36] - Current income tax expense was reported at 155,143,830.93, a significant increase from 56,090,677.37 in the prior period, indicating a rise of approximately 176%[37] - The company’s net cash flow from operating activities decreased by 4.16% to ¥914,617,256.70, primarily due to increased tax payments[51] Market and Business Strategy - The company plans to continue expanding its market presence and investing in new technologies[2] - The company is focusing on the development of large power shift and continuously variable transmission tractors, as well as fuel cell wheeled tractors[45] - The company is actively expanding both domestic and international markets, particularly in Central Asia and the Caucasus region, to offset declines in the Russian market[47] - The company plans to enhance product technology leadership and optimize quality control measures, focusing on high-end intelligent agricultural machinery[50] - The company is committed to meeting the demand for high-quality agricultural machinery and is advancing product upgrades to enhance market competitiveness[45] Research and Development - Research and development expenses rose to ¥205,286,144.38, an increase of 13.86% compared to ¥180,333,815.14 in the previous period[8] - The company has increased its R&D investment, focusing on innovative technologies such as power shift and continuously variable transmission, as well as smart driving technology[70] Shareholder Information - The largest shareholder, China Yituo Group Co., Ltd., holds 548,485,853 shares, representing 48.81% of the total shares[77] - HKSCC Nominees Limited is the second largest shareholder with 388,935,309 shares, accounting for 34.61%[77] - The total number of shares held by the top ten shareholders is 1,124,000,000, which constitutes approximately 99.99% of the total share capital[78] - The company will not propose a mid-term dividend for the six months ending June 30, 2024, consistent with the previous year[72] Compliance and Governance - The company has maintained compliance with accounting standards, ensuring accurate financial reporting and transparency in its operations[14] - The company has not made any changes to its accounting policies during the reporting period[23] - The board of directors includes both executive and independent non-executive members, ensuring diverse governance[86] - The company has appointed Shinewing Certified Public Accountants as its auditor for the fiscal year 2024[84] Operational Highlights - The company sold 51,000 large and medium-sized tractors, a year-on-year increase of 4.25%, with exports reaching 4,209 units, up 3.09%[47] - The company sold 82,400 diesel engines in the first half of the year, with 39,800 units exported, reflecting a decrease in external sales due to market concentration and a decline in generator exports[48] - The company has a complete manufacturing system for tractors, with self-manufacturing capabilities for key components such as chassis, castings, engines, and gears, supporting product upgrades and quality assurance[70]

经营范围：对成员单位办理财务和融资顾问、信用鉴证及相关的咨询、代理 业务；协助成员单位实现交易款项的收付；对成员单位提供担保；办理成员单位 之间的委托贷款及委托投资；对成员单位办理票据承兑与贴现；办理成员单位之 间的内部转帐结算及相应的结算、清算方案设计；吸收成员单位的存款；对成员 单位办理贷款及融资租赁；从事同业拆借；承销成员单位的企业债券；经批准发 行财务公司债券；对金融机构的股权投资；有价证券投资；成员单位产品的消费 信贷、买方信贷及融资租赁；保险代理业务。（市场主体依法自主选择经营项目， 开展经营活动；依法须经批准的项目，经相关部门批准后依批准的内容开展经营 活动；不得从事国家和本市产业政策禁止和限制类项目的经营活动。） 关于国机财务有限责任公司的风险持续评估报告 第一拖拉机股份有限公司（以下简称"公司"）根据《关于规范上市公司与 企业集团财务公司业务往来的通知》《上海证券交易所上市公司自律监管指引第 5 号——交易与关联交易》等要求，审阅了国机财务有限责任公司（以下简称"国 机财务"）的《营业执照》与《金融许可证》等资料及相关财务资料，对国机财 务的经营资质、业务和风险状况进行了评估，具体情况报告如 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2024, achieving a total of 1.2 billion RMB, representing a 15% growth compared to the same period last year[7]. - The company achieved total operating revenue of 7.807 billion RMB in the first half of 2024, representing a year-on-year increase of 7.78%[13]. - The net profit attributable to shareholders reached 905.35 million RMB, marking a 20.05% increase compared to the same period last year[13]. - The basic earnings per share increased to 0.8057 RMB, reflecting a growth of 20.04% year-on-year[14]. - The weighted average return on net assets rose to 12.78%, an increase of 0.80 percentage points from the previous year[14]. - The company's net assets attributable to shareholders increased by 8.18% to 7.239 billion RMB compared to the end of the previous year[13]. - The company reported a net cash flow from operating activities of 914.62 million RMB, a decrease of 4.16% compared to the previous year[13]. - The company reported a significant increase in accounts receivable, which rose by 340.96% to ¥1,460,470,354.82 due to seasonal sales[28]. - The company reported a total operating cash outflow of ¥5,231,144,725.73, compared to ¥4,778,506,926.84 in the previous year, an increase of about 9.5%[99]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2024, which would require a 10% increase in sales in the second half[7]. - The company is planning to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[7]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity by 30%[7]. - The company is actively expanding into Central Asia and the Caucasus to compensate for the decline in the Russian market due to increased scrapping taxes[24]. - The company plans to enhance its marketing capabilities and after-sales service management to boost sales growth in response to intensified industry competition[36]. Product Development and Innovation - New product development includes the launch of a next-generation tractor model, expected to contribute an additional 300 million RMB in sales by the end of 2024[7]. - The company continues to invest in technology research and development, focusing on advanced agricultural machinery and intelligent driving technologies[20]. - The company is focusing on the development of high-end intelligent agricultural machinery, including 240 and 320 horsepower continuously variable tractors and 220 horsepower hybrid tractors[26]. - The company has initiated a project to enhance the capabilities of intelligent multi-purpose tractors and is advancing the smart manufacturing of high-efficiency low-emission diesel engines[24]. - The company has invested 100 million RMB in research and development for new technologies aimed at improving fuel efficiency by 15%[7]. Financial Management and Risks - The company has maintained a strong balance sheet with total assets of 3 billion RMB and a debt-to-equity ratio of 0.5[7]. - Management has highlighted potential risks including fluctuations in raw material prices, which could impact profit margins in the upcoming quarters[7]. - The company has reduced sales expenses by 10.02% and management expenses by 3.49% compared to the previous year[26]. - The company reported a significant increase in short-term borrowings, with accounts payable rising to CNY 2,924,771,888.45 from CNY 2,315,345,789.04, an increase of approximately 26%[84]. Environmental and Social Responsibility - The company has two units listed as key pollution discharge units in Luoyang, with the company itself being a key environmental risk control unit for 2024[45]. - The company and its subsidiary, Fuleige, have implemented the "three simultaneous" system for environmental protection facilities, ensuring compliance with environmental regulations[46]. - The company was recognized as a "Green Factory" for 2024 by the Henan Provincial Industrial and Information Technology Department, following the completion of a green factory evaluation report[50]. - The company actively engaged in rural revitalization efforts, conducting market research to understand local agricultural needs and enhancing agricultural mechanization and smart agriculture services[51]. - The company is committed to fulfilling its social responsibilities by promoting consumption assistance activities during the "Double Festival" period, supporting the sale of local agricultural products[51]. Shareholder and Corporate Governance - The company appointed Li Xiaoyu as the chairman and Yang Jianhui and Miao Yu as directors during the 2024 first extraordinary shareholders' meeting held on August 2, 2024[41]. - Zhao Qingliang was appointed as the deputy general manager on January 31, 2024, with a term until the end of the ninth board's term[41]. - The company has made commitments regarding shareholding, ensuring that major shareholders will not reduce their holdings during the restructuring process, with compliance confirmed[52]. - The company has committed to not engaging in competitive practices that could harm its business interests, ensuring fair market conditions[54]. - The company is focused on enhancing its operational management without interference from major shareholders, ensuring the protection of company interests[54]. Accounting and Financial Reporting - The company adheres to the accounting standards set by the Ministry of Finance and reflects its financial status accurately as of June 30, 2024[117]. - The group determines the scope of consolidated financial statements based on control, including all subsidiaries controlled by the company[124]. - The group recognizes financial assets or liabilities when it becomes a party to the financial instrument contract[132]. - The company recognizes expected credit losses for financial assets measured at amortized cost and those measured at fair value with changes in other comprehensive income[135]. - The corporate income tax rate is set at 25%, with a reduced rate of 15% applicable to certain entities[181].