4月 29日，公司发布 24年一季报，24Q1 公司实现营业收入117.73 亿元，同比+12.93%；实现归母净利润9.16 亿元，同比+13.06%； 扣非后归母净利润为7.77 亿元，同比+19.45%，符合市场预期。 海外占比接近5成，带动盈利能力持续提升。根据公告，24Q1 公 司毛利率、净利率分别达 28.65%/8.67%，同比+2.26/0.36pcts， 若剔除股份支付费用影响，24Q1 公司净利率达到 9.62%（同比 +1.38pcts），盈利能力明显提升主要得益于境外收入占比提升； 根据公告，24Q1 公司境外市场57.03 亿元，同比+52.85%，境外收 入占比达到48.43%，相比23 年底提升10.39pcts。其中 23 年境 外市场毛利率达到32.23%，比国内高出7.57pcts；海外收入占比 人民币(元) 成交金额(百万元) 提振整体毛利率。 10.00 1,200 产品实现多元化发展，挖机、高机、农机发展迅速。根据公告， 9.00 1,000 23 年土方机械、高机分别实现 66.48/57.07 亿元，同比 8.00 800 7.00 600 +89.32%/24. ...

Financial Performance - For Q1 2024, Zoomlion reported operating revenue of RMB 11,773,145,944.65, a 12.93% increase compared to RMB 10,425,507,345.20 in the same period last year[11]. - Net profit attributable to shareholders reached RMB 915,819,266.53, reflecting a growth of 13.06% from RMB 810,064,655.82 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was RMB 777,492,556.78, which is a 19.45% increase from RMB 650,914,784.87 in the previous year[11]. - Operating profit for the current period reached RMB 1,169,999,504.05, an increase of 25.4% compared to RMB 932,750,887.64 in the previous period[32]. - Total comprehensive income for the current period was RMB 708,224,924.45, a decrease of 22% from RMB 906,862,178.50 in the previous period[34]. - Basic and diluted earnings per share both increased to RMB 0.11 from RMB 0.10 in the previous period[34]. Cash Flow and Investments - Cash flow from operating activities showed a net increase of 7.36%, amounting to RMB 307,030,468.77 compared to RMB 285,973,243.10 in the same quarter last year[11]. - Cash flow from investing activities resulted in a net outflow of RMB 971,086,637.97, an improvement from a net outflow of RMB 1,222,069,953.66 in the previous period[39]. - Cash flow from financing activities showed a net outflow of RMB 1,373,411,774.19, compared to a net inflow of RMB 137,133,656.38 in the previous period[39]. - The company reported a significant increase in cash received from sales, totaling RMB 10,178,701,315.21, down from RMB 11,777,322,372.82 in the previous period[37]. - The ending cash and cash equivalents balance decreased to RMB 11,545,478,661.80 from RMB 13,004,327,457.18 in the previous period[41]. Assets and Liabilities - The company’s total assets at the end of the reporting period were RMB 132,991,760,629.60, up 1.63% from RMB 130,862,389,408.99 at the beginning of the period[14]. - Total liabilities rose to RMB 72,945,330,233.31 from RMB 71,695,112,198.09, representing a growth of 1.74%[29]. - Long-term borrowings increased to RMB 16,822,900,877.72, up from RMB 14,944,417,590.31, indicating a growth of 12.55%[29]. - Total non-current assets reached RMB 53,902,013,475.89, compared to RMB 52,891,229,519.13 at the beginning of the period, marking an increase of 1.91%[27]. - The total equity attributable to shareholders increased to RMB 57,199,305,880.98 from RMB 56,407,020,348.19, reflecting a growth of 1.40%[29]. Revenue Breakdown - Revenue from domestic operations decreased by 9.32% to RMB 6,070,573,879.33, while overseas revenue increased by 52.85% to RMB 5,702,572,065.32, with export revenue rising by 60.95%[14]. - Total operating costs amounted to RMB 10,583,718,135.84, reflecting a rise of 10.45% from RMB 9,582,147,601.15 in the prior period[31]. Research and Development - Research and development expenses for the current period were RMB 665,436,138.10, slightly up from RMB 645,455,754.47 in the previous period, indicating a 3.73% increase[31]. Other Financial Indicators - The basic earnings per share increased by 10.00% to RMB 0.11 from RMB 0.10 in the previous year[11]. - The weighted average return on net assets improved to 1.62%, up from 1.48% year-on-year[11]. - Significant changes in financial indicators included a 81.04% increase in accounts receivable notes due to an increase in commercial acceptance bills[20]. - The company reported a net investment loss of RMB 11,751,143.95, compared to a gain of RMB 25,707,566.07 in the previous period[31]. - Deferred income tax assets rose to RMB 2,427,047,891.36 from RMB 2,302,752,231.66, an increase of 5.42%[29]. - Other comprehensive income after tax for the current period was negative RMB 312,252,847.98, compared to positive RMB 48,112,438.70 in the previous period[32]. Future Plans - The company plans to continue expanding its overseas market presence and enhance its product development capabilities[14].

Revenue and Profit - Revenue for Q1 2024 reached ¥11,773,145,944.65, an increase of 12.93% compared to ¥10,425,507,345.20 in the same period last year[4] - Net profit attributable to shareholders was ¥915,819,266.53, reflecting a growth of 13.06% from ¥810,064,655.82 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥777,492,556.78, up 19.45% from ¥650,914,784.87 in the previous year[4] - Operating profit for Q1 2024 was CNY 1,169,999,504.05, compared to CNY 932,750,887.64 in the previous year, indicating a growth of 25.43%[15] - Net profit for the period was CNY 1,176,640,141.18, an increase from CNY 944,446,174.77 year-over-year[15] - The net profit for the current period is approximately CNY 1.02 billion, an increase from CNY 858.75 million in the previous period, representing a growth of about 18.9%[17] Cash Flow and Liquidity - Cash flow from operating activities amounted to ¥307,030,468.77, a 7.36% increase from ¥285,973,243.10 in the same period last year[4] - Cash inflow from operating activities is CNY 11.70 billion, down from CNY 14.58 billion year-over-year, reflecting a decline of about 19.7%[18] - The net cash flow from operating activities is CNY 307.03 million, slightly up from CNY 285.97 million in the previous period, showing an increase of approximately 7.5%[18] - Cash outflow from investing activities totaled CNY 1.31 billion, a decrease from CNY 3.71 billion in the previous period, indicating a reduction of about 64.8%[19] - The net cash flow from financing activities is negative at CNY -1.37 billion, compared to a positive CNY 137.13 million in the previous period, representing a significant decline[19] - The ending cash and cash equivalents balance is CNY 11.55 billion, down from CNY 13.00 billion in the previous period, reflecting a decrease of approximately 11.2%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥132,991,760,629.60, a 1.63% increase from ¥130,862,389,408.99 at the end of the previous year[4] - Total liabilities as of Q1 2024 were CNY 72,945,330,233.31, compared to CNY 71,695,112,198.09 in the previous year, reflecting an increase of 1.75%[14] - Non-current liabilities increased to CNY 23,440,162,354.75 from CNY 21,698,694,502.11, marking an increase of 8.03%[14] - The company's total equity reached CNY 60,046,430,396.29, up from CNY 59,167,277,210.90, representing a growth of 1.48%[14] Shareholder Information - Shareholders' equity attributable to shareholders was ¥57,199,305,880.98, up 1.40% from ¥56,407,020,348.19 at the end of the previous year[4] - The company reported a total of 1,578,236,281 shares held by HKSCC NOMINEES LIMITED, representing a significant portion of the shareholding structure[10] - The total amount of equity-settled share payment expenses for the period was CNY 216.46 million[11] Expenses and Costs - Total operating costs amounted to CNY 10,583,718,135.84, up from CNY 9,582,147,601.15, reflecting a year-over-year increase of 10.45%[15] - Research and development expenses were CNY 665,436,138.10, slightly up from CNY 645,455,754.47, showing a year-over-year increase of 3.03%[15] Tax and Government Subsidies - The company reported a tax expense of CNY 156.16 million, compared to CNY 85.70 million in the previous period, indicating an increase of approximately 82.5%[17] - The cash inflow from tax refunds was CNY 1.27 billion, significantly higher than CNY 481.54 million in the previous period, representing an increase of about 164.5%[18] - Non-recurring gains and losses totaled ¥138,326,709.75 for the period, with government subsidies contributing ¥174,001,008.14[6] Future Outlook - Future outlook includes continued focus on market expansion and new product development, although specific figures were not disclosed in the report[16]

重组上市 北京市环球律师事务所 关于 中联重科股份有限公司分拆所属子公司 湖南中联重科智能高空作业机械有限公司 重组上市 之 补充法律意见书（二） 释 义 本补充法律意见书中，除非根据上下文另作解释，下列简称及术语具有如 下含义： | 中联重科、上市 | 指 | 中联重科股份有限公司 | | | | --- | --- | --- | --- | --- | | 公司 | | | | | | 中联高机 | 指 | 湖南中联重科智能高空作业机械有限公司 | | | | 路畅科技 | 指 | 深圳市路畅科技股份有限公司 | | | | 新一盛 | 指 | 长沙新一盛企业管理合伙企业（有限合伙） | | | | 中联和盛 | 指 | 中联和盛投资控股有限公司 | | | | 智诚高盛 | 指 | 长沙智诚高盛企业管理合伙企业（有限合伙） | | | | 智诚高新 | 指 | 长沙智诚高新企业管理合伙企业（有限合伙） | | | | 智诚高达 | 指 | 长沙智诚高达企业管理合伙企业（有限合伙） | | | | 中联产业基金 | 指 | 北京中联重科产业投资基金合伙企业（有限合伙） | | | | 本次分拆、本次 | ...

证券代码：000157.SZ、1157.HK 证券简称：中联重科 中联重科股份有限公司 关于分拆所属子公司 湖南中联重科智能高空作业机械有限公司 重组上市的预案（三次修订稿） 独立财务顾问 签署日期：二〇二四年四月 | 目 求…… | | --- | | 释 ＼ | | 公司声明… | | 相关证券服务机构声明 | | 重大事项提示 . | | 一、本次分拆方案简介 . | | 二、本次分拆重组上市具体方案………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 10 | | 三、本次分拆重组上市对公司的影响………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………20 | | 四、本次分拆对各方股东特别是中小股东、债权人和其他利益相关方的影响..21 | | 五、本次分拆的决策过程……………………………………………………………………………………………… ...

分拆所属子公司 中国国际金融股份有限公司 关于 中联重科股份有限公司 湖南中联重科智能高空作业机械有限公司 重组上市之独立财务顾问核查意见 独立财务顾问 二〇二四年四月 中国国际金融股份有限公司 关于中联重科股份有限公司分拆所属子公司 湖南中联重科智能高空作业机械有限公司重组上市之独立财务顾 问核查意见 根据中国证券监督管理委员会（以下简称"中国证监会"）《上市公司分拆规则（试 行）》（以下简称"《分拆规则》"），以及中联重科股份有限公司（以下简称"中联重科"、 "上市公司"、"公司"）于 2023 年 2 月 5 日召开的第六届董事会 2023 年度第一次临时 会议审议通过的《关于分拆所属子公司湖南中联重科智能高空作业机械有限公司重组上 市的议案》《关于<中联重科股份有限公司关于分拆所属子公司湖南中联重科智能高空作 业机械有限公司重组上市的预案>的议案》等，于 2023 年 7 月 10 日召开的第七届董事 会 2023 年度第一次临时会议审议通过的《关于<中联重科股份有限公司关于分拆所属 子公司湖南中联重科智能高空作业机械有限公司重组上市的预案（修订稿）>的议案》 等，以及于 2024 年 2 月 21 ...

关于中联重科股份有限公司分拆所属子公司 湖南中联重科智能高空作业机械有限公司 重组上市说明的会计师专项报告 KPMG Huazhen LLP 8th Floor, KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing 100738 China Telephone +86 (10) 8508 5000 +86 (10) 8518 5111 Fax Internet kpmg.com/cn 毕马威华振会计师事务所 (特殊普通合伙) 中国北京 东长安街1号 东方广场毕马威大楼8层 邮政编码:100738 电话 +86 (10) 8508 5000 传真 +86 (10) 8518 5111 网址 kpmg.com/cn 我们以后附的《毕马威华振会计师事务所（特殊普通合伙）就中联重科股份有限公司分拆 所属子公司湖南中联重科智能高空作业机械有限公司重组上市说明的专项意见》所述管理层的 说明为依据，按照《分拆规则》的规定对中联重科就分拆上市说明中的相关问题，执行了核查 程序并提供我们的意见。需要说明的是，公司在分拆上市说明中引述的中联重科 2021 年度财 务数 ...

Financial Performance - In 2023, the operating revenue reached RMB 47.07 billion, an increase of 13.08% compared to RMB 41.63 billion in 2022[9]. - The net profit attributable to shareholders was RMB 3.51 billion, reflecting a significant growth of 52.04% from RMB 2.31 billion in the previous year[9]. - The net profit after deducting non-recurring gains and losses surged by 109.51% to RMB 2.71 billion, up from RMB 1.29 billion in 2022[9]. - The cash flow from operating activities amounted to RMB 2.71 billion, an increase of 11.87% compared to RMB 2.42 billion in 2022[9]. - The total assets at the end of 2023 were RMB 130.86 billion, representing a 5.92% increase from RMB 123.55 billion at the end of 2022[9]. - The net assets attributable to shareholders increased by 3.04% to RMB 56.41 billion, compared to RMB 54.74 billion at the end of 2022[9]. - The basic earnings per share rose to RMB 0.43, a 59.26% increase from RMB 0.27 in 2022[9]. - The diluted earnings per share also increased by 55.56% to RMB 0.42 from RMB 0.27 in the previous year[9]. - The weighted average return on equity improved to 6.41%, up from 4.13% in 2022, marking a 2.28% increase[9]. Market Position and Product Development - The company achieved a significant increase in market share for large excavators, with domestic market share doubling year-on-year[16]. - The company is accelerating the development of electric products and expanding its product range in the large excavator segment[16]. - The construction machinery market position remains strong, with concrete machinery and engineering cranes leading in market share[15]. - The company achieved a market share of over 90% in the domestic electric aerial work platform segment, with a full product range covering heights from 4 to 72 meters[17]. - The company launched the world's highest 72-meter straight arm product, setting a new global record, and has achieved international leading levels in key technologies for electric aerial work platforms[17]. - The company has successfully developed and launched several new products, including a 5-meter electric boat bottom rust removal robot and a 26-meter high-altitude spraying robot, filling industry gaps[17]. - The company has made significant progress in the agricultural machinery sector, with the first hybrid wheat harvesting machine launched and a complete coverage of basic models in the domestic market[19]. Innovation and Digital Transformation - The company is focusing on innovation and digital transformation to enhance management efficiency and effectiveness, aiming for sustainable competitive advantages[7]. - The company is focusing on digitalization, intelligence, and green transformation to enhance growth and operational quality[14]. - The company is accelerating its digital transformation, leveraging IoT, cloud computing, big data, and generative AI to enhance operational efficiency and support business expansion[23]. - The company has established a total of 11 smart factories by 2023, with ongoing construction of 8 additional smart factories, enhancing its position in advanced manufacturing[24]. - The monthly production capacity of the "Excavator Intelligent Manufacturing Demonstration Factory" has exceeded 1,200 units, showcasing the effectiveness of its smart manufacturing initiatives[24]. - A total of 394 new products were launched during the reporting period, with 289 technology developments, of which 77.5% were related to digital, intelligent, and green innovations[28]. Corporate Governance and Employee Engagement - The company is implementing a second employee stock ownership plan to align the interests of core management with the company's long-term health, with details available in the annual report[35]. - The company plans to enhance its corporate governance structure and establish a profit-sharing mechanism for employees, aiming to improve employee cohesion and core competitiveness[57]. - The company has a 100% labor contract signing rate and provides comprehensive social insurance coverage for all employees[140]. - The company has not reported any violations of significant environmental or labor-related laws in the current year[138][147]. - The company actively engages in employee welfare programs, including marriage and maternity benefits, to enhance employee well-being[141]. Environmental, Social, and Governance (ESG) Initiatives - The ESG report is prepared in accordance with the Hong Kong Stock Exchange's guidelines and covers the period from January 1, 2023, to December 31, 2023[116]. - The company has established an ESG task force under the company secretary's office to manage and publish ESG policies, enhancing sustainable business development[118]. - The company emphasizes digitalization, intelligence, and green transformation to achieve high-quality development and enhance operational quality beyond industry standards[119]. - The company has implemented a comprehensive environmental management system, ensuring compliance with all relevant environmental laws and regulations[126]. - The company has committed to integrating energy conservation and environmental protection into its business decision-making processes[126]. - The company aims to achieve carbon peak by 2030 and carbon neutrality by 2060, aligning with national strategic goals[137]. Safety and Training - The company achieved a 100% dynamic rectification rate for major accident hidden dangers, effectively eliminating significant safety risks[151]. - A total of 30,563 employees participated in training programs in 2023, achieving a training coverage rate of 100% with an average of 45.85 training hours per employee[158]. - The company organized 761 safety awareness events, with 17,278 participants, enhancing overall safety consciousness among employees[152]. - The company has not reported any violations of occupational health and safety laws and regulations that significantly impact its operations in the current year[155]. Social Responsibility - The company invested over RMB 10 million in various social responsibility initiatives, focusing on rural revitalization, emergency rescue, and charity[190]. - The company donated RMB 2 million to the "Love Changes Destiny" charity education program in 2023, bringing the total donations over 21 years to RMB 34 million, assisting nearly 10,000 students from disadvantaged families[194]. - The company has established over 400 social service stations and 16 parts centers nationwide to provide 24/7 service guarantees to agricultural machinery users[193].

| 证券代码：000157 | 证券简称：中联重科 | 号 公告编号：2024-021 | | --- | --- | --- | | 证券代码：112927 | 中联 01 证券简称：19 | | 中联重科股份有限公司 关于举行 2023 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 中联重科股份有限公司（以下简称"公司"）《2023 年年度报 告 》 及 其 摘 要 于 2024 年 3 月 29 日 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露。为便于广大投资者更全面深 入地了解行业发展和公司经营业绩等相关情况，公司将于 2024 年 4 月 18 日（星期四）在进门财经举办 2023 年度网上业绩说明会。具 体情况如下。 一、召开时间与方式 召开时间：2024年4月18日下午15:00-17:00 召开方式：网络文字互动方式（进门财经平台，网页端或APP 均可接入） 电脑端参会：https://s.comein.cn/AkFcL 手机端参会:登陆进门财经APP/进门财经小程序，搜索 "00 ...

公 公司事件点评 司 [Tab2le_0M2ain3Inf年o] 报业绩符合预期，拟现金分红超 27 亿元 研 ——中联重科（000157）2023 年报点评 究 分析师： 宁前羽 SAC NO： S1150522070001 2024年04月01日 [机Ta械bl设e_备An—aly—si工s] 程机械 [Table_Summary] 事件： 证券分析师 公司公告 2023 年年度报告，2023 年公司实现营业收入 470.75 亿元，同比 宁前羽 增长 13.08%；实现归属于上市公司股东的净利润 35.06 亿元，同比增长 022-23839174 52.04%；稀释每股收益为0.42元/股，同比增长55.56%。 ningqy@bhzq.com 证 [ Table_Author] 点评：  业绩增长符合预期，盈利能力有所提升 券 [评Ta级bl：e_ Invest] 增持 2023 年公司经营业绩快速增长，报告期实现营收 470.75 亿元，同比增长 上次评级： 增持 13.08%，其中境外收入179.05亿元，同比增长79.20%，境外收入占比进一 研 最新收盘价： 8.21 步提升至38.04% ...