郑州煤矿机械集团股份有限公司（以下简称"公司"）董事会于近日收到公 司财务总监黄花女士提交的书面辞职报告。黄花女士因已达到法定退休年龄， 申请辞去公司财务总监职务，黄花女士的辞职申请将于送达董事会并由董事会 聘任新任财务总监之日起生效。辞职后，黄花女士将不再担任公司及公司控股 子公司的任何职务。 郑州煤矿机械集团股份有限公司 Zhengzhou Coal Mining Machinery Group Co., Ltd. 证券代码：601717 证券简称：郑煤机 公告编号：临 2024-026 郑州煤矿机械集团股份有限公司 关于公司财务总监变更的公告 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。 一、公司财务总监辞任情况 特此公告。 郑州煤矿机械集团股份有限公司董事会 公司对黄花女士在任职期间的勤勉工作及对公司发展所做出的重要贡献表 示衷心的感谢。 截至本公告披露日，黄花女士持有公司股份 846,200 股，占公司总股本的 0.047%，其所持有的公司股份将严格按照《上市公司董事、监事和高级管理人 员所持本公司股份及其变动管理 ...

郑州煤矿机械集团股份有限公司 Zhengzhou Coal Mining Machinery Group Co., Ltd. 证券代码：601717 证券简称：郑煤机 公告编号：临 2024-029 郑州煤矿机械集团股份有限公司 关于 2021 年限制性股票激励计划第三次解除限售期 解除限售条件成就的公告 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。 重要内容提示： 郑州煤矿机械集团股份有限公司（以下简称"公司"）于 2024 年 7 月 1 日召 开第六届董事会第六次会议、第六届监事会第五次会议，审议通过了《关于 2021 年限制性股票激励计划第三次解除限售期解除限售条件成就的议案》，公 司拟按照公司 2021 年限制性股票激励计划（以下简称"本次激励计划"）的相 关规定为符合条件的 166 名激励对象办理限制性股票第三次解除限售的相关事 宜，解除限售数量为 1,087.20 万股。本次解除限售事项已经公司 2020 年年度股 东大会、2021 年第一次 A 股类别股东大会及 2021 年第一次 H 股类别股东大会 授权， ...

北京市海问律师事务所 关于郑州煤矿机械集团股份有限公司 2023 年年度股东大会的 法律意见书 致：郑州煤矿机械集团股份有限公司 北京市海问律师事务所（以下简称"本所"）是具有中华人民共和国（以下 简称"中国"，为本法律意见书之目的，不包括香港特别行政区、澳门特别行政 区和台湾地区）执业资格的律师事务所。本所接受郑州煤矿机械集团股份有限公 司（以下简称"公司"）的委托，指派本所律师列席公司 2023 年年度股东大会（以 下简称"本次股东大会"），并根据《中华人民共和国公司法》、《中华人民共和国 证券法》、中国证券监督管理委员会发布的《上市公司股东大会规则》、《上市公 司治理准则》和上海证券交易所发布的《上海证券交易所上市公司自律监管指引 第 1 号——规范运作》，以及中国其他有关法律、行政法规及规范性文件（以下 简称"相关法律"）及现行有效的《郑州煤矿机械集团股份有限公司章程》（以下 简称"公司章程"）、《郑州煤矿机械集团股份有限公司股东大会议事规则》，依法 出具本《北京市海问律师事务所关于郑州煤矿机械集团股份有限公司 2023 年年 度股东大会的法律意见书》（以下简称"本法律意见书"）。 为出具本法律意见书 ...

Financial Performance - The company's operating revenue for Q1 2024 was CNY 9,664,967,167.88, representing a year-on-year increase of 4.93%[5] - Net profit attributable to shareholders for Q1 2024 was CNY 1,042,121,391.17, reflecting a significant increase of 33.08% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 926,776,678.49, which is up by 40.66% year-on-year[5] - Basic earnings per share for Q1 2024 were CNY 0.588, an increase of 31.84% compared to the previous year[5] - Diluted earnings per share for Q1 2024 were CNY 0.585, reflecting a growth of 32.05% year-on-year[5] - The weighted average return on equity increased by 0.69 percentage points to 4.99%[5] - Total operating revenue for Q1 2024 increased by 45,381.05 million CNY, a growth of 4.92% compared to Q1 2023, driven by a 9.48% increase in the automotive parts segment[9] - Investment income for Q1 2024 rose by 1,311.52 million CNY, reflecting a growth of 25.33% year-over-year, primarily due to increased returns from financial products in the coal machinery segment[10] - Net profit for Q1 2024 increased by 30,700.81 million CNY, a growth of 35.45% compared to the same period last year, with the coal machinery segment contributing a 32.31% increase in net profit[11] - Net profit attributable to shareholders of the parent company for Q1 2024 rose by 25,905.15 million CNY, marking a 33.08% increase year-over-year, mainly due to profit growth in the coal machinery segment[11] - The automotive parts segment's net profit surged by 91.71% year-over-year, reaching 8,781.28 million CNY, with significant contributions from the subsidiary Yaxin Technology[11] - Yaxin Technology achieved total operating revenue of 153,915.76 million CNY in Q1 2024, reflecting a 28.10% increase compared to the previous year[9] - SEG's total operating revenue remained stable at 327,216.45 million CNY, showing no significant change year-over-year[9] - The coal machinery segment's total operating revenue increased by 3,441.74 million CNY, a growth of 0.72% compared to Q1 2023[9] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 49,350,973,690.94, a slight increase of 0.36% from the end of the previous year[5] - The equity attributable to shareholders at the end of Q1 2024 was CNY 21,395,618,190.13, which is up by 4.99% compared to the end of the previous year[5] - Total liabilities decreased to ¥26,319,714,093.04 from ¥27,293,069,905.46, a reduction of approximately 3.57%[20] - The total equity attributable to shareholders rose to ¥21,395,618,190.13 from ¥20,378,212,015.68, an increase of 4.99%[20] - The total assets as of March 31, 2024, amounted to ¥39,646,495,806.67, slightly down from ¥39,897,248,585.15 at the end of 2023[28] - The total liabilities decreased to ¥18,579,658,008.88 from ¥19,547,395,060.11 at the end of 2023[28] Cash Flow - The net cash flow from operating activities for Q1 2024 was CNY 274,221,006.40, with a notable decrease in cash payments for goods and services received[8] - The company's cash and cash equivalents decreased to ¥5,676,346,100.02 from ¥5,876,835,218.87, a decline of approximately 3.4%[18] - Cash flow from operating activities was 7,767,587,471.97 in Q1 2024, compared to 7,639,517,540.74 in Q1 2023, showing an increase of about 1.7%[24] - The company's cash outflow from operating activities totaled ¥7,984,077,939.80, down from ¥8,466,969,614.93 in Q1 2023[25] - The company's cash inflow from operating activities was ¥8,258,298,946.20, compared to ¥8,044,830,776.82 in the previous year[25] - The net cash flow from operating activities for Q1 2024 was ¥274,221,006.40, a significant improvement compared to a net outflow of ¥422,138,838.11 in Q1 2023[25] - The net cash flow from financing activities showed a negative balance of ¥340,522,642.09, contrasting with a positive inflow of ¥500,272,695.82 in Q1 2023[25] Shareholder Information - The company reported a total of 29,677 common shareholders at the end of the reporting period[12] - The top ten shareholders collectively hold 19.88% of the company's shares, with Hongyi Investment Management being the largest shareholder at 15.52%[14] Research and Development - Research and development expenses increased to 466,834,324.92 in Q1 2024 from 422,024,480.99 in Q1 2023, marking an increase of approximately 10.6%[22] - Research and development expenses increased to CNY 149,378,751.38 in Q1 2024, up 21.3% from CNY 123,084,269.95 in Q1 2023[30]

Financial Performance - The company reported a significant increase in revenue, achieving a total of RMB 5.2 billion in 2023, representing a year-on-year growth of 15%[4]. - The Group achieved operational revenue of RMB 36,423.24 million in 2023, representing a year-on-year increase of 13.67%[10]. - Profit attributable to shareholders for the year was RMB 3,301.33 million, reflecting a year-on-year increase of 30.06%[10]. - The Group's earnings per share for 2023 was RMB 1.87[93]. - Total comprehensive income for the year was RMB 3,548.02 million, up from RMB 2,946.04 million in 2022[101]. - Profit before tax increased by 33.27% from RMB 3,090.08 million in 2022 to RMB 4,118.26 million in 2023[109]. - Profit attributable to owners of the Company increased by 30.06% from RMB 2,538.24 million in 2022 to RMB 3,301.33 million in 2023[111]. Revenue Sources - The coal mining machinery segment contributed RMB 3.8 billion to the total revenue, accounting for 73% of the overall sales, with a 20% increase compared to the previous year[4]. - The international market saw an annual order amount of RMB 1.360 billion, with a year-on-year growth of over 40%[15]. - ASIMCO's sales revenue increased by approximately 24% year-on-year, with new energy auto parts revenue reaching approximately RMB 390 million, a growth rate of over 100%[26]. - The new energy products of ASIMCO Anhui accounted for 22% of its revenue, covering mainstream new energy vehicle manufacturers[26]. Research and Development - Research and development expenses increased by 12% to RMB 600 million, focusing on intelligent control systems and new energy vehicle components[4]. - The company plans to invest RMB 1 billion in the next two years for technological upgrades and new product development[4]. - The company launched a new generation of distributed intelligent control system and continued to promote the development of new products and businesses[16]. - The coal mining machinery segment will increase investment in R&D to enhance service experience and safety in coal mining operations[51]. Market Expansion and Strategy - The company aims to expand its market share in the new energy vehicle sector, targeting a 25% increase in sales of high-voltage drive motors by 2025[2]. - The company has successfully exported its integrated coal mining equipment to over 10 countries, enhancing its international market presence[2]. - The company plans to explore the passenger vehicle market and expand its presence in the commercial vehicle and new energy markets to enhance competitiveness[46]. - The company aims to achieve a development goal of 100 billion by 2030, focusing on high-end and intelligent manufacturing[50]. Digital Transformation - The company has made significant progress in digital transformation, enhancing operational efficiency and reducing production costs through self-aware and adaptive production processes[36]. - The digital transformation initiatives have garnered multiple honors, including recognition as a National Intelligent Manufacturing Demonstration Factory and awards in state-owned enterprise digital innovation competitions[36]. - The digital transformation will include the construction of lighthouse factories to enhance production line efficiency and flexibility[76]. - The company is focusing on the integration of digital intelligent technology with the coal industry to promote high-quality development[22]. Corporate Governance and Management - The Company has a diverse board with members holding qualifications in engineering, law, and finance, enhancing its strategic decision-making capabilities[173]. - The management team includes professionals with extensive backgrounds in various industries, contributing to the Company's growth and market expansion strategies[173]. - The Company is committed to maintaining high standards of corporate governance, believing it is essential for development and safeguarding shareholder interests[194]. - The board's composition reflects a commitment to strong governance and oversight, essential for navigating complex market conditions[173]. Future Outlook - The board has set a performance guidance of 10-15% revenue growth for 2024, driven by increased demand in both coal mining and auto parts segments[4]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential mergers and acquisitions[180]. - The company plans to implement a new marketing strategy that is expected to increase brand awareness by 25% over the next year[180]. - In 2024, the company will focus on strategic goals and internationalization, aiming for sustainable and high-quality development[63].

Financial Performance - The company's operating revenue for Q1 2024 was approximately RMB 9.66 billion, representing a year-on-year increase of 4.93%[4] - Net profit attributable to shareholders was approximately RMB 1.04 billion, reflecting a significant increase of 33.08% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was approximately RMB 926.78 million, up 40.66% year-on-year[4] - Basic earnings per share for Q1 2024 were RMB 0.588, an increase of 31.84% compared to the previous year[4] - Total operating revenue for Q1 2024 reached ¥9,670,188,798.74, an increase of 4.93% compared to ¥9,216,378,294.52 in Q1 2023[20] - Operating costs for Q1 2024 were ¥8,445,388,694.16, up from ¥8,297,284,004.75 in Q1 2023, reflecting a year-over-year increase of 1.79%[21] - Net profit for Q1 2024 was ¥1,173,055,990.74, representing a significant increase of 35.4% from ¥866,047,934.05 in Q1 2023[21] - The total comprehensive income for the first quarter of 2024 was CNY 1,113,911,297.77, an increase from CNY 912,515,510.76 in the same period of 2023[22] Assets and Liabilities - The total assets at the end of Q1 2024 were approximately RMB 49.35 billion, a slight increase of 0.36% from the end of the previous year[4] - The total assets as of Q1 2024 amounted to ¥49,350,973,690.94, slightly up from ¥49,174,398,206.69 in the previous year[19] - The total liabilities decreased to ¥26,319,714,093.04 in Q1 2024 from ¥27,293,069,905.46 in Q1 2023, a reduction of approximately 3.57%[19] - The company's total equity increased to approximately ¥21.07 billion in Q1 2024 from ¥20.35 billion in Q1 2023[28] Cash Flow - The net cash flow from operating activities was approximately RMB 274.22 million, with a notable decrease in cash payments for goods and services[7] - The net cash flow from operating activities was CNY 274,221,006.40, a significant improvement compared to a negative cash flow of CNY -422,138,838.11 in Q1 2023[24] - Cash flow from operating activities was approximately ¥2.73 billion in Q1 2024, down from ¥4.25 billion in Q1 2023[31] - The company's cash and cash equivalents as of March 31, 2024, amount to ¥5,676,346,100.02, a decrease from ¥5,876,835,218.87 at the end of 2023[17] - The ending balance of cash and cash equivalents was $2.88 billion, down from $2.29 billion in the previous period[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,677[11] - The largest shareholder, Hongyi Investment Management (Henan) Partnership, holds 277,195,419 shares, representing 15.52% of total shares[11] - The company has signed a concerted action agreement with Henan Asset Management, collectively holding 19.88% of the shares, making them the controlling shareholders[13] Segment Performance - The coal machinery segment's revenue increased by RMB 34.42 million, or 0.72%, while the automotive parts segment saw a revenue increase of RMB 419.39 million, or 9.48%[8] - The net profit for the coal machinery segment increased by RMB 26.50 million, or 32.31%, attributed to higher product gross margins[10] - The net profit attributable to the parent company increased by RMB 25.91 million, or 33.08%, mainly driven by the growth in the coal machinery segment's profitability[10] Research and Development - Research and development expenses in Q1 2024 totaled ¥466,834,324.92, compared to ¥422,024,480.99 in Q1 2023, indicating a year-over-year increase of 10.6%[21] - Research and development expenses increased to ¥149.38 million in Q1 2024, compared to ¥123.08 million in Q1 2023, reflecting a growth of 21.4%[29] Other Financial Metrics - The company's accounts receivable rose to ¥8,973,291,989.03, compared to ¥7,858,924,563.56 previously[17] - The total amount of trading financial assets increased to ¥7,151,982,867.17 from ¥6,316,537,542.02[17] - Long-term equity investments as of March 31, 2024, are valued at ¥786,246,006.60, slightly up from ¥777,184,695.69[17] - The company reported a decrease in accounts payable to ¥2.66 billion in Q1 2024 from ¥3.11 billion in Q1 2023, a reduction of 14.5%[29] - The company’s deferred income tax assets increased to ¥134.47 million in Q1 2024 from ¥126.04 million in Q1 2023, an increase of 6.4%[28]

Financial Performance - The company's operating revenue for 2023 reached ¥36,395,956,742.19, representing a year-on-year increase of 13.66% compared to ¥32,020,908,092.57 in 2022[16]. - Net profit attributable to shareholders for 2023 was ¥3,273,962,683.84, up 28.99% from ¥2,538,234,930.96 in 2022[16]. - The net profit after deducting non-recurring gains and losses was ¥3,027,073,521.21, reflecting a significant increase of 50.13% from ¥2,016,322,834.64 in the previous year[16]. - The net cash flow from operating activities for 2023 was ¥3,056,774,777.43, a 35.47% increase from ¥2,256,466,573.38 in 2022[18]. - The company's total assets at the end of 2023 amounted to ¥49,174,398,206.69, an increase of 11.00% from ¥44,301,175,578.57 at the end of 2022[18]. - Basic earnings per share for 2023 were ¥1.853, up 28.15% from ¥1.446 in 2022[19]. - The weighted average return on equity increased to 17.15% in 2023, up from 15.74% in 2022, marking an increase of 1.41 percentage points[19]. - The company achieved total operating revenue of RMB 36.423 billion, representing a year-on-year increase of 13.67%[52]. - The net profit attributable to shareholders of the listed company was RMB 3.274 billion, up 28.99% year-on-year[52]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.84 per share, totaling approximately RMB 1.5 billion, which accounts for 45.81% of the net profit attributable to shareholders for 2023[3]. - In 2022, the company distributed a cash dividend of RMB 0.56 per share, amounting to RMB 998,057,743.20, accounting for 39.32% of the net profit attributable to shareholders[146]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[2]. - The company is committed to ensuring the accuracy and completeness of its financial reports, as stated by its management[2]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[4]. - There are no violations of decision-making procedures regarding external guarantees[4]. - The company has not faced any administrative penalties from the China Securities Regulatory Commission in the last 36 months[196]. - The company has confirmed that all provided information is true, accurate, and complete, and is willing to bear legal responsibility for any misleading statements[198]. Operational Strategies and Risks - The company has outlined potential risks in its management discussion and analysis section, specifically in the future development discussion[5]. - The company has not indicated any significant changes in its operational strategies or major risks beyond those already disclosed[5]. - The company faces risks from economic policy changes affecting coal and automotive industries, with potential market downturns and intensified competition impacting coal machinery and automotive parts businesses[100]. - The company is exposed to foreign exchange risks due to international operations, with major settlement currencies including Euro, Mexican Peso, and Brazilian Real, which may affect future financial performance[100]. - Raw material price fluctuations pose a risk to profitability, particularly for metals like steel and copper, despite long-term supplier relationships[100]. Research and Development - The company has invested CNY 61.19 million in environmental protection during the reporting period[161]. - Research and development expenses rose by 13.22%, totaling 1,560,649,924.49 RMB, reflecting the company's commitment to innovation[55]. - The company employed 1,776 R&D personnel, accounting for 10.55% of the total workforce[63]. - The total R&D investment amounted to ¥1,816,859,476.81, representing 4.99% of total revenue[62]. Market Expansion and New Products - The company aims to expand its market presence in both passenger and commercial vehicle sectors while enhancing its offerings in the new energy vehicle market[45]. - The new energy vehicle parts business at Yaxin Technology achieved approximately 390 million yuan in revenue, with a growth rate exceeding 100%[37]. - The company is actively expanding into new energy vehicle components, focusing on electric drive systems and battery thermal management solutions[47]. - The company is considering strategic acquisitions to enhance its market position, with potential targets identified in the industry[118]. Environmental Compliance - The company has successfully maintained compliance with environmental standards, with all wastewater and waste gas emissions meeting regulatory requirements, and no environmental pollution incidents reported during the reporting period[178]. - The company has established a robust environmental management system certified by ISO14001, demonstrating its commitment to sustainable development and environmental protection[178]. - The company has not faced any administrative penalties related to environmental issues during the reporting period, indicating effective compliance with environmental regulations[175]. Governance and Shareholder Rights - The company maintains a modern governance structure with a board consisting of 6 non-independent directors, 1 employee director, and 4 independent directors, ensuring compliance with regulations[102]. - The company actively engages with investors through various channels, including performance briefings and direct communication, to ensure transparency and protect minority shareholders' rights[102]. - The company has committed to maintaining its independence following a change in controlling shareholders, ensuring compliance with relevant regulations[103]. - The company has established a commitment to maintain the interests of public investors and will not sell shares during the lock-up period[190]. Strategic Initiatives - The company plans to spin off its subsidiary, Zhengzhou Hengda Intelligent Control Technology Co., Ltd., for listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board[192]. - The company commits to avoiding and reducing related party transactions with Hengda Intelligent Control and its subsidiaries[192]. - The company guarantees that Hengda Zhikong will have independent assets and will not be subject to any illegal occupation of funds or assets by the parent company[194].

Financial Performance - The company's revenue for 2023 was RMB 36,423.24 million, an increase of RMB 4,379.93 million or 13.67% compared to 2022[2] - The profit attributable to shareholders for 2023 was RMB 3,301.33 million, up RMB 763.10 million or 30.06% from 2022[2] - Basic earnings per share for 2023 were RMB 187.22, compared to RMB 145.38 in 2022[4] - Gross profit for 2023 was RMB 7,847.95 million, representing a gross margin of approximately 21.5%[3] - The net profit for the year was RMB 3,501.59 million, an increase from RMB 2,628.01 million in 2022[3] - Total revenue for the year ended December 31, 2023, reached RMB 36,423.236 million, an increase from RMB 32,043.306 million in 2022, reflecting a growth of approximately 13.4%[12] - The company reported a total comprehensive income of RMB 3,548.02 million for 2023, compared to RMB 2,946.04 million in 2022[4] - The group's profit before tax increased by 33.27% from RMB 3,090.08 million for the year ended December 31, 2022, to RMB 4,118.26 million for the year ended December 31, 2023[55] - Profit attributable to shareholders increased by 30.06% from RMB 2,538.24 million for the year ended December 31, 2022, to RMB 3,301.33 million for the year ended December 31, 2023[57] Assets and Liabilities - Total assets as of December 31, 2023, were RMB 49,387.02 million, compared to RMB 44,469.59 million in 2022[5] - The total liabilities increased to RMB 27,505.690 million in 2023 from RMB 25,831.308 million in 2022, marking an increase of about 6.5%[6] - Non-current liabilities totaled RMB 8,125.280 million in 2023, up from RMB 6,245.568 million in 2022, reflecting a growth of approximately 30.2%[6] - The equity attributable to shareholders increased to RMB 20,378.212 million in 2023 from RMB 17,807.267 million in 2022, showing an increase of about 14.5%[6] - The company reported a total current liabilities of RMB 19,380.410 million in 2023, slightly down from RMB 19,585.740 million in 2022, a decrease of about 1.0%[6] Dividends - The company proposed a final dividend of RMB 8.40 per 10 shares for the year 2023[2] - The total dividend proposed for the year ending December 31, 2023, is RMB 1,499,852,000, with a dividend per share of RMB 0.84, compared to RMB 0.56 for the previous year[31] - The expected payment date for the proposed dividend is July 15, 2024, or earlier, pending approval at the annual general meeting[95] - The company will withhold a 10% corporate income tax on dividends distributed to non-resident enterprises[96] - For H-share individual shareholders, a 10% personal income tax will be withheld on dividends unless otherwise specified by tax regulations or agreements[97] Research and Development - Research and development expenses for 2023 totaled RMB 1,568.22 million, an increase from RMB 1,385.96 million in 2022[3] - The company has benefited from a 100% tax deduction for R&D expenses for 2023 and 2022, enhancing its financial position[27] Market and Sales Performance - Sales of automotive components amounted to RMB 17,462.835 million in 2023, compared to RMB 15,170.886 million in 2022, indicating a year-over-year increase of about 15.1%[12][13] - Revenue from hydraulic supports sales was RMB 11,727.518 million in 2023, up from RMB 9,239.798 million in 2022, representing a growth of approximately 27.0%[12][13] - Revenue from the Chinese market was RMB 23,562,860 thousand in 2023, up from RMB 21,716,648 thousand in 2022, reflecting an increase of 8.5%[20] - The automotive parts segment saw a revenue increase of approximately 24%, with new energy vehicle parts revenue reaching about RMB 390 million, growing over 100% year-on-year[70] Operational Efficiency and Digital Transformation - The company is advancing digital transformation to enhance operational efficiency and reduce production costs significantly[63] - The company achieved a production efficiency increase of over 200% compared to traditional models, with a 60% reduction in manufacturing costs, through digital transformation and smart manufacturing initiatives[68] - The company is committed to digital transformation over the next 5-10 years, enhancing efficiency and promoting energy conservation[80] - The company is enhancing its market competitiveness by continuously developing high-tech products that address customer pain points and needs[67] Corporate Governance - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange listing rules during the review period[93] - The board confirmed compliance with the standard rules for securities trading by directors and supervisors throughout the review period[94] - The company is committed to maintaining high standards of corporate governance, which is deemed essential for its development[93] Future Outlook and Strategy - The company plans to continue expanding its market presence and investing in new product development to drive future growth[7] - The company is actively pursuing strategic investments and partnerships to strengthen its market position and drive business transformation[70] - The company aims to achieve a development target of 50 billion in five years, focusing on high-end manufacturing and intelligent manufacturing[75] - The company is exploring new industrial opportunities under the "dual carbon" background, leveraging capital markets to drive new industrial layouts and achieve synergy between industrial and capital operations[84]

Financial Performance - The company's operating revenue for Q3 2023 reached ¥9,029,856,768.57, representing a year-on-year increase of 9.53%[4] - Net profit attributable to shareholders for Q3 2023 was ¥786,019,338.02, a significant increase of 58.02% compared to the same period last year[4] - The basic earnings per share for Q3 2023 was ¥0.444, reflecting a growth of 57.45% year-on-year[4] - Total operating revenue for the first three quarters of 2023 increased by CNY 347,195.11 million, a growth of 14.59% compared to the same period last year[13] - Net profit for the first three quarters of 2023 increased by CNY 61,452.22 million, representing a growth of 30.34% compared to the previous year[13] - The net profit attributable to the parent company's shareholders rose by CNY 50,534.10 million, with a growth rate of 25.76%[13] - Net profit for the third quarter of 2023 was ¥2,640,038,885.88, up 30.5% from ¥2,025,516,659.13 in the third quarter of 2022[25] - Net profit excluding non-recurring gains and losses for Q3 2023 was ¥691,051,016.17, up 39.87% year-on-year, driven by sustained order growth[4] Assets and Liabilities - Total assets as of the end of Q3 2023 amounted to ¥48,486,114,012.54, up 9.45% from the end of the previous year[5] - The company's total current assets as of September 30, 2023, reached CNY 36,479.66 million, an increase from CNY 33,401.11 million at the end of 2022[20] - Total liabilities as of the end of the third quarter of 2023 amounted to ¥27,493,156,205.95, an increase from ¥25,662,894,369.86 at the end of the third quarter of 2022[22] - The company's total assets reached CNY 48,486.11 million, up from CNY 44,301.18 million year-over-year[21] - Total liabilities rose to ¥16,725,680,054.25, an increase of 9.7% from ¥15,243,498,592.92 in the previous period[32] Cash Flow - The company reported a net cash flow from operating activities of ¥1,218,290,983.36 for the year-to-date, an increase of 12.59%[4] - The company's cash inflow from operating activities for the first three quarters of 2023 reached ¥26,497,882,847.62, an increase of 13.4% compared to ¥23,269,474,646.84 in the same period of 2022[27] - The net cash flow from operating activities for the first three quarters of 2023 was ¥662,382,727.97, an increase of 36% compared to ¥487,827,802.16 in the same period of 2022[35] - Total cash inflow from investment activities was ¥8,484,171,239.05, compared to ¥5,825,966,333.55 in the same period last year, indicating a significant increase of 45.3%[28] - The net cash flow from investment activities was -¥1,996,992,526.38, slightly worse than -¥1,890,713,802.87 in the previous year[28] Segment Performance - The coal machinery segment's operating revenue rose by CNY 184,059.77 million, reflecting a 14.93% increase, driven by sustained growth in the coal industry[13] - The automotive parts segment's revenue increased by CNY 163,135.34 million, with a growth rate of 14.24%, supported by a recovery in the domestic automotive market[13] - The coal machinery segment's net profit was CNY 249,116.69 million, a 32.20% increase year-on-year[12] - The automotive parts segment reported a net profit of CNY 14,887.20 million, a slight increase of 5.51% compared to the previous year[12] Investments and Strategic Plans - The company plans to spin off its subsidiary Zhengzhou Hengda Intelligent Control Technology Co., Ltd. for listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board, maintaining control over it post-separation[17] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30] - The company's long-term equity investments increased by 170.33% to ¥75,386.46 million, indicating significant strategic investments[9] Shareholder Information - The company had a total of 30,968 shareholders at the end of the reporting period[14] Research and Development - Research and development expenses for the first three quarters of 2023 were ¥1,302,572,823.73, compared to ¥1,189,355,372.93 in the same period of 2022, indicating an increase of 9.5%[25] - Research and development expenses for the first three quarters were ¥303,520,881.64, a decrease of 16.1% from ¥361,629,476.19 in the same period last year, suggesting a focus on cost management[33] Comprehensive Income - Total comprehensive income for the third quarter of 2023 was ¥2,400,640,272.79, compared to ¥2,318,598,964.85 in the same quarter of 2022, showing a growth of 3.5%[26] - The total comprehensive income for the third quarter was ¥2,448,425,979.30, slightly down from ¥2,470,993,417.80 in the same quarter last year[34]

Financial Performance - The company's operating revenue for Q3 2023 reached CNY 9,029,856,768.57, representing a year-on-year increase of 9.53%[5] - The net profit attributable to shareholders for Q3 2023 was CNY 786,019,338.02, marking a significant increase of 58.02% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 691,051,016.17, up by 39.87% year-on-year[5] - The basic earnings per share for Q3 2023 was CNY 0.444, reflecting a growth of 57.45% compared to the previous year[5] - Net profit for the first three quarters increased by 61,452.22 million RMB, reflecting a growth rate of 30.34%[14] - The net profit for Q3 2023 was CNY 2,640,038,885.88, an increase from CNY 2,025,516,659.13 in Q3 2022, representing a growth of approximately 30.4%[27] - The total profit for Q3 2023 was CNY 3,152,566,762.16, compared to CNY 2,399,056,265.12 in Q3 2022, indicating an increase of approximately 31.4%[27] Revenue Growth - Total operating revenue for the first three quarters of 2023 increased by 347,195.11 million RMB, a growth rate of 14.59%[14] - The coal machinery segment's operating revenue rose by 184,059.77 million RMB, with a growth rate of 14.93% due to sustained demand in the coal industry[14] - The automotive parts segment's revenue increased by 163,135.34 million RMB, a growth rate of 14.24%, driven by recovery in the domestic automotive market[14] - Total revenue for the first three quarters of 2023 reached ¥27,260,678,362.79, an increase of 14.4% compared to ¥23,788,727,333.95 in the same period of 2022[25] - Operating income for the first three quarters of 2023 was ¥27,240,841,196.65, up from ¥23,773,242,674.50 in the previous year, reflecting a growth of 14.6%[25] Assets and Liabilities - The total assets as of September 30, 2023, amounted to CNY 48,486,114,012.54, which is a 9.45% increase from the end of the previous year[6] - The equity attributable to shareholders increased to CNY 19,514,260,943.66, representing a year-on-year growth of 9.59%[6] - Total assets reached ¥48,486,114,012.54, an increase of 9.8% from ¥44,301,175,578.57 in the previous year[24] - Total liabilities amounted to ¥27,493,156,205.95, compared to ¥25,662,894,369.86 in 2022, reflecting an increase of 7.1%[24] Cash Flow - The company reported a net cash flow from operating activities of CNY 1,218,290,983.36 for the year-to-date, reflecting a 12.59% increase compared to the previous year[5] - The company's cash flow from operating activities for the first nine months of 2023 was 121,829.10 million RMB, an increase of 12.59% compared to the same period last year[12] - The cash inflow from operating activities for the first three quarters of 2023 totaled CNY 26,497,882,847.62, compared to CNY 23,269,474,646.84 in the same period of 2022, reflecting a growth of about 9.6%[29] - The cash flow from operating activities for the first three quarters of 2023 was CNY 662,382,727.97, an increase of 36.0% from CNY 487,827,802.16 in 2022[37] Investments and Expenses - Investment income for the first three quarters decreased by 12,728.41 million RMB, a decline of 53.42%[14] - The company's long-term equity investments increased by 170.33% to 75,386.46 million RMB, reflecting significant influence over Nanjing Beilu Zhikong Technology Co., Ltd.[10] - Research and development expenses for Q3 2023 amounted to CNY 1,302,572,823.73, up from CNY 1,189,355,372.93 in Q3 2022, reflecting an increase of approximately 9.5%[27] - Research and development expenses for the first three quarters of 2023 were CNY 303,520,881.64, a decrease of 16.0% compared to CNY 361,629,476.19 in the same period last year[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,968[15] - The company reported a total of 30,910 A-share shareholders and 58 H-share shareholders, totaling 30,968 shareholders as of the report date[17] Future Outlook - The company anticipates continued growth in orders and revenue, driven by increased market demand and operational efficiency[9] - The company plans to spin off its subsidiary, Zhengzhou Hengda Intelligent Control Technology Co., Ltd., for a public listing on the Shanghai Stock Exchange, which has been approved by the Hong Kong Stock Exchange[19] - The company's total liabilities and equity structure remains unchanged post-spin-off, maintaining control over the subsidiary[19]