免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | | --- | --- | --- | | 股票發行人現金股息公告 | | | | 發行人名稱 | 重慶機電股份有限公司 | | | 股份代號 | 02722 | | | 多櫃檯股份代號及貨幣 | 不適用 | | | 相關股份代號及名稱 | 不適用 | | | 公告標題 | 截至二零二五年六月三十日止六個月中期股息 | | | 公告日期 | 2025年8月20日 | | | 公告狀態 | 新公告 | | | 股息信息 | | | | 股息類型 | 中期（半年期） | | | 股息性質 | 普通股息 | | | 財政年末 | 2025年12月31日 | | | 宣派股息的報告期末 | 2025年6月30日 | | | 宣派股息 | 每 股 0.01 RMB | | | 股東批准日期 | 2025年10月28日 | | | 香港過戶登記處相關信息 | | | | 派息金額及公司預設派發 ...

[Performance Highlights and Dividend Policy](index=1&type=section&id=Performance%20Highlights%20and%20Dividend%20Policy) [Performance Highlights](index=1&type=section&id=Performance%20Highlights) For the six months ended June 30, 2025, the Group achieved strong growth with turnover increasing by 9.2% to approximately RMB 4.658 billion, gross profit by 10.4% to approximately RMB 800 million, and profit attributable to equity holders of the Company significantly rising by 53.8% to approximately RMB 416 million, driving basic earnings per share up by 57.1% to RMB 0.11 Key Performance Indicators for H1 2025 | Indicator | H1 2025 | Year-on-Year Change | | :--- | :--- | :--- | | Turnover | Approx. **4,658.1 Million RMB** | ▲ 9.2% | | Gross Profit | Approx. **799.8 Million RMB** | ▲ 10.4% | | Profit Attributable to Equity Holders of the Company | Approx. **416.0 Million RMB** | ▲ 53.8% | | Basic Earnings Per Share | Approx. **0.11 RMB Yuan** | ▲ 57.1% | | Net Asset Per Share | Approx. **2.41 RMB Yuan** | ▲ 5.2% | [Interim Dividend](index=1&type=section&id=Interim%20Dividend) The Board recommends an interim dividend of RMB 0.01 per share (tax inclusive) for the six months ended June 30, 2025, compared to no dividend distributed in the prior corresponding period, reflecting enhanced profitability and commitment to shareholder returns - The Board recommends an interim dividend of **RMB 0.01 per share (tax inclusive)**, totaling approximately **RMB 36.85 million**, with no dividend declared for the same period last year[3](index=3&type=chunk) - The dividend distribution is subject to approval at an extraordinary general meeting and is planned for November 25, 2025, to shareholders on record as of November 11[3](index=3&type=chunk) [Consolidated Financial Statements](index=2&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Income Statement](index=2&type=section&id=Consolidated%20Income%20Statement) During the reporting period, the Group's total operating revenue increased by 9.2% to RMB 4.658 billion, operating profit significantly grew by 36.0% to RMB 451 million, primarily driven by a substantial increase in investment income, and net profit attributable to owners of the parent company rose by 53.8% to RMB 416 million, with basic earnings per share increasing from RMB 0.07 to RMB 0.11 Key Items from Consolidated Income Statement (Unit: RMB Yuan) | Item | Jan-Jun 2025 | Jan-Jun 2024 | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Total Operating Revenue** | **4,658,076,541.58** | 4,265,890,940.36 | ▲ 9.2% | | **Operating Profit** | **451,447,300.24** | 332,056,505.13 | ▲ 36.0% | | **Total Profit** | **453,202,467.35** | 338,411,918.63 | ▲ 33.9% | | **Net Profit Attributable to Owners of the Parent Company** | **415,972,007.93** | 270,407,916.25 | ▲ 53.8% | | **Basic Earnings Per Share (RMB Yuan/share)** | **0.11** | 0.07 | ▲ 57.1% | - Investment income was a key driver of profit growth, increasing by **41.3%** from **RMB 282 million** in the prior period to **RMB 398 million**, primarily from investments in associates and joint ventures[7](index=7&type=chunk) [Consolidated Balance Sheet](index=4&type=section&id=Consolidated%20Balance%20Sheet) As of June 30, 2025, the Group's total assets increased by 6.5% to RMB 18.833 billion, total liabilities increased by 9.7% to RMB 9.947 billion, and total equity attributable to owners of the parent company increased by 3.3% to RMB 8.372 billion, maintaining a stable asset-liability structure Key Items from Consolidated Balance Sheet (Unit: RMB Yuan) | Item | June 30, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | **18,832,647,128.50** | 17,686,757,262.53 | ▲ 6.5% | | Total Current Assets | 12,297,185,193.02 | 11,314,638,741.05 | ▲ 8.7% | | **Total Liabilities** | **9,947,279,293.63** | 9,068,374,825.01 | ▲ 9.7% | | Total Current Liabilities | 8,795,065,919.78 | 7,422,677,256.86 | ▲ 18.5% | | **Total Equity Attributable to Owners of the Parent Company** | **8,372,117,091.17** | 8,101,862,288.65 | ▲ 3.3% | [Consolidated Cash Flow Statement](index=8&type=section&id=Consolidated%20Cash%20Flow%20Statement) During the reporting period, net cash flow from operating activities was a net outflow of RMB 517 million, an increase from RMB 252 million outflow in the prior period, while net cash flow from investing activities turned positive with a net inflow of RMB 151 million, and net cash flow from financing activities also turned positive with a net inflow of RMB 66 million, with cash and cash equivalents at period-end totaling RMB 1.803 billion Summary of Consolidated Cash Flow Statement (Unit: RMB Yuan) | Item | Jan-Jun 2025 | Jan-Jun 2024 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | **-516,663,588.73** | -251,757,496.73 | | Net Cash Flow from Investing Activities | **151,468,034.35** | -120,654,783.12 | | Net Cash Flow from Financing Activities | **65,998,281.00** | -431,685,424.36 | | **Net Increase in Cash and Cash Equivalents** | **-297,870,919.19** | -803,605,388.56 | | **Cash and Cash Equivalents at Period-End** | **1,803,247,577.77** | 1,378,084,325.25 | [Notes to the Financial Statements](index=10&type=section&id=Notes%20to%20the%20Financial%20Statements) [Company Overview and Basis of Preparation](index=10&type=section&id=Company%20Overview%20and%20Basis%20of%20Preparation) The Company, a joint stock limited company registered in the PRC, listed on the Hong Kong Stock Exchange in 2008, with Chongqing Machinery & Electronics Group as its parent and Chongqing Yufu Holding Group as its ultimate controlling company, primarily engages in the manufacturing, sales, and services of clean energy and high-end intelligent equipment, with financial statements prepared on a going concern basis in accordance with China Accounting Standards for Business Enterprises and Hong Kong Listing Rules - The Company's principal business segments are the manufacturing, sales, and services of clean energy equipment and high-end intelligent equipment[20](index=20&type=chunk) - Financial statements are prepared in accordance with China Accounting Standards for Business Enterprises and Hong Kong Listing Rules, on a going concern basis[22](index=22&type=chunk)[23](index=23&type=chunk) [Significant Accounting Policies and Estimates](index=11&type=section&id=Significant%20Accounting%20Policies%20and%20Estimates) The Group adopts the calendar year as its accounting period, with a 12-month operating cycle and RMB as its functional currency, recognizing revenue when control of goods or services is transferred, either at a point in time or over a period, with no significant changes in accounting policies or estimates during the reporting period - Revenue is recognized when the customer obtains control of the related goods or services, distinguishing between performance obligations satisfied at a point in time or over a period[36](index=36&type=chunk)[38](index=38&type=chunk) - During the reporting period, there were no significant changes in accounting policies, significant changes in accounting estimates, or significant prior period accounting error adjustments[43](index=43&type=chunk) [Taxation](index=18&type=section&id=Taxation) The Group's main taxes include corporate income tax and value-added tax, with some subsidiaries enjoying preferential tax policies, such as the Western Development Policy and High-tech Enterprise status, applying a 15% preferential income tax rate compared to the standard 25% rate, based on their business location and nature - Several subsidiaries within the Group enjoy a **15%** preferential corporate income tax rate due to qualifying for the Western Development encouraged industries or being recognized as High-tech Enterprises[47](index=47&type=chunk)[48](index=48&type=chunk) [Notes to Key Items and Supplementary Information](index=21&type=section&id=Notes%20to%20Key%20Items%20and%20Supplementary%20Information) During the reporting period, revenue from principal activities was RMB 4.555 billion, a 9.1% year-on-year increase, non-recurring gains and losses totaled RMB 65.53 million, positively impacting net profit, and net profit attributable to ordinary shareholders of the parent company after deducting non-recurring gains and losses was RMB 350 million, with a weighted average return on net assets of 4.25% Operating Revenue by Business Segment (Jan-Jun 2025) | Business Segment | Operating Revenue (RMB Yuan) | | :--- | :--- | | High-end Intelligent Equipment Business | **880,896,050.15** | | Clean Energy Equipment Business | **3,738,135,999.77** | | Industrial Services Business | **31,910,363.02** | | Head Office and Others | **7,134,128.64** | - Total non-recurring gains and losses for the reporting period amounted to **RMB 65.526 million**, primarily from government grants and asset disposal gains[60](index=60&type=chunk)[61](index=61&type=chunk) Return on Net Assets and Earnings Per Share | Profit for the Period | Weighted Average Return on Net Assets (%) | Basic Earnings Per Share (RMB Yuan/share) | | :--- | :--- | :--- | | Net Profit Attributable to Ordinary Shareholders of the Parent Company | **5.05** | **0.11** | | Net Profit Attributable to Ordinary Shareholders of the Parent Company After Deducting Non-recurring Gains and Losses | **4.25** | **0.10** | [Management Discussion and Analysis](index=28&type=section&id=Management%20Discussion%20and%20Analysis) [Segment Business Performance](index=28&type=section&id=Segment%20Business%20Performance) The Group's business is divided into three segments: Clean Energy Equipment, the primary source of revenue and profit, saw revenue increase by 11.3% and segment results by 241.1%; High-end Intelligent Equipment revenue slightly increased by 1.1% but turned from profit to loss due to UK subsidiary performance and trade friction; Industrial Services revenue and results declined due to lower financial business interest rates Overview of Segment Performance (For the period ended June 30, Million RMB) | Business Segment | Revenue (2025) | Revenue (2024) | Segment Results (2025) | Segment Results (2024) | | :--- | :--- | :--- | :--- | :--- | | Clean Energy Equipment | **3,738.2** | 3,359.4 | **152.8** | 44.8 | | High-end Intelligent Equipment | **880.9** | 871.1 | **(37.7)** | 38.3 | | Industrial Services | **31.9** | 34.8 | **11.9** | 24.8 | [Clean Energy Equipment Business](index=29&type=section&id=Clean%20Energy%20Equipment%20Business) This segment performed strongly in the first half, with operating revenue increasing by 11.3% to RMB 3.738 billion and segment results surging by 241.1% to RMB 153 million, driven by strong market performance and order acquisition in wind power blades, industrial pumps, and wires and cables, alongside significant loss reduction in hydropower equipment, with stable growth expected in the second half through overseas market expansion and technological innovation - The Clean Energy Equipment segment's revenue grew by **11.3%**, and segment results increased by **241.1%**, primarily due to a significant reduction in losses from the hydropower equipment business[65](index=65&type=chunk)[66](index=66&type=chunk) - Joint venture Chongqing Cummins Engine Co., Ltd. achieved substantial performance growth, significantly contributing to the Group's investment income[68](index=68&type=chunk) [High-end Intelligent Equipment Business](index=30&type=section&id=High-end%20Intelligent%20Equipment%20Business) This segment's revenue slightly increased by 1.1% to RMB 881 million, but segment results turned from a profit of RMB 38.3 million in the prior period to a loss of RMB 37.7 million, mainly due to project delays and financial constraints at UK subsidiary PTG, coupled with the impact of overseas trade friction on intelligent manufacturing business, which high-end CNC machine tools growth could not offset - The High-end Intelligent Equipment segment turned from profit to loss, primarily due to increased losses from UK subsidiary PTG's business decline and the impact of overseas trade friction on the intelligent manufacturing business[69](index=69&type=chunk)[70](index=70&type=chunk) [Industrial Services Business](index=32&type=section&id=Industrial%20Services%20Business) Industrial Services revenue decreased to RMB 31.9 million in the first half, with segment results declining by 52.0% to RMB 11.9 million, mainly due to lower interest rates in the financial business, while the company continues to advance 'Digital Electromechanical' construction and treasury management systems to enhance efficiency and risk control - The Industrial Services segment's results decreased by **52.0%** year-on-year, primarily due to the impact of lower interest rates in the financial business[72](index=72&type=chunk) [Overall Financial Review](index=33&type=section&id=Overall%20Financial%20Review) The Group's total sales increased by 9.2% and gross profit by 10.4%, with operating profit significantly growing by 36.0%, mainly driven by improvements in the hydropower equipment business and a 41.3% increase in investment income, particularly from Chongqing Cummins' contribution, while significantly reduced finance costs and income tax expenses collectively led to a strong 53.8% growth in profit attributable to equity holders - Total operating revenue increased by **9.2%** to **RMB 4.658 billion**, and gross profit increased by **10.4%** to **RMB 800 million**[74](index=74&type=chunk)[75](index=75&type=chunk) - Operating profit increased by **36.0%**, primarily driven by operational improvements in the hydropower equipment business and growth in investment income[79](index=79&type=chunk) - Investment income increased by **41.3%** year-on-year, mainly benefiting from the performance growth of joint venture Chongqing Cummins[81](index=81&type=chunk) - Profit attributable to equity holders increased by **53.8%** to **RMB 416 million**, with earnings per share rising from **RMB 0.07** to **RMB 0.11**[83](index=83&type=chunk) [Liquidity and Capital Resources](index=35&type=section&id=Liquidity%20and%20Capital%20Resources) At the end of the reporting period, the Group's cash and bank balances were approximately RMB 2.423 billion, total assets increased to RMB 18.833 billion, and total liabilities increased to RMB 9.947 billion, with the current ratio decreasing from 1.52:1 to 1.40:1 and the gearing ratio slightly decreasing from 20.3% to 19.3%, indicating a stable financial position, while total bank and other borrowings slightly decreased - Net cash outflow from operating activities was **RMB 517 million**, compared to an outflow of **RMB 252 million** in the prior period[85](index=85&type=chunk) Key Financial Ratios | Indicator | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Current Ratio | **1.40 : 1** | 1.52 : 1 | | Gearing Ratio | **19.3%** | 20.3% | [Other Significant Information](index=37&type=section&id=Other%20Significant%20Information) [Significant Events](index=37&type=section&id=Significant%20Events) During the reporting period, the Company underwent several significant events, including an internal reorganization at the controlling shareholder level, resulting in Yufu Holding becoming the indirect controlling shareholder, the acquisition of 100% equity in Chongqing Panlian Transmission Technology Co., Ltd., the renewal of multiple continuing connected transaction agreements with the parent group, the completion of re-election for the Board of Directors and Supervisory Committee, and the deconsolidation of subsidiary Chongqing Smart Manufacturing Co., Ltd. - An internal reorganization at the controlling shareholder level resulted in Yufu Holding becoming the Company's indirect controlling shareholder[92](index=92&type=chunk) - The Company completed the acquisition of **100%** equity in Chongqing Panlian Transmission Technology Co., Ltd. and renewed multiple continuing connected transaction agreements with the parent company[94](index=94&type=chunk)[95](index=95&type=chunk)[96](index=96&type=chunk) - Subsidiary Chongqing Smart Manufacturing Co., Ltd. is no longer consolidated, with no significant financial impact expected on the Group[102](index=102&type=chunk)[104](index=104&type=chunk) - The Company completed the re-election of its Seventh Board of Directors and Supervisory Committee[107](index=107&type=chunk)[108](index=108&type=chunk) [Capital Commitments, Expenditures, and Risk Management](index=42&type=section&id=Capital%20Commitments%2C%20Expenditures%2C%20and%20Risk%20Management) At the end of the reporting period, the Group's total capital commitments were approximately RMB 44.8 million, with total capital expenditures of approximately RMB 86 million during the period, primarily for plant expansion and technical equipment upgrades, and the Group manages financial resources through treasury policies and foreign exchange hedging systems to mitigate currency fluctuation risks mainly involving HKD, GBP, and USD - Total capital expenditures during the period were approximately **RMB 86 million**, an increase of over **100%** year-on-year, primarily for capacity enhancement and technological upgrades[113](index=113&type=chunk) - The Group manages financial and exchange rate risks through treasury policies and a foreign exchange hedging system[114](index=114&type=chunk)[115](index=115&type=chunk) [Staffing Situation](index=43&type=section&id=Staffing%20Situation) As of June 30, 2025, the Group had 6,188 employees, a decrease from 6,720 in the prior corresponding period, and continues to promote technical talent upgrading and improve its remuneration system - As of June 30, 2025, the Group had **6,188** employees, a year-on-year decrease of approximately **8%**[116](index=116&type=chunk) [Major Shareholders' Interests](index=44&type=section&id=Major%20Shareholders'%20Interests) As of June 30, 2025, the Company's major shareholders include controlling shareholder Chongqing Machinery & Electronics Holding (Group) Co., Ltd., holding approximately 54.74% of the Company's shares (domestic shares + H shares), and Chongqing SASAC is deemed to hold approximately 67.34% interest in the Company due to equity relationships Major Shareholders' Shareholding (Percentage of Total Issued Shares) | Shareholder Name | Shareholding Percentage (%) | | :--- | :--- | | Chongqing Machinery & Electronics Holding (Group) Co., Ltd. | **54.74%** | | Chongqing State-owned Assets Supervision and Administration Commission (Interests in controlled corporations) | **67.34%** | | Chongqing Construction Engineering Group Co., Ltd. | **6.30%** | | China CITIC Financial Asset Management Co., Ltd. | **5.32%** | [Corporate Governance](index=46&type=section&id=Corporate%20Governance) During the reporting period, the Company adopted and complied with the code provisions of the Corporate Governance Code as set out in Appendix C1 of the Hong Kong Listing Rules, adopted procedures for directors' securities transactions, and confirmed compliance by all directors, with no purchase, sale, or redemption of any of the Company's listed securities during the period - The Company complied with the Corporate Governance Code and the Model Code for Securities Transactions by Directors during the reporting period[122](index=122&type=chunk)[123](index=123&type=chunk) - During the period, the Group did not purchase, sell, or redeem any of the Company's listed securities, had no significant acquisitions or disposals, and no new significant litigations[124](index=124&type=chunk)[125](index=125&type=chunk)[126](index=126&type=chunk)

Group 1: Market Overview - The Hang Seng Index rose by 1.88%, gaining 470 points to close at 25,439 points, while the Hang Seng Tech Index increased by 2.35% [1] - The early trading volume in the Hong Kong stock market reached HKD 143.8 billion [1] Group 2: Biotechnology Sector - The Hang Seng Biotechnology Index surged by 3.77%, driven by a collective rise in pharmaceutical stocks following the debut of the "dual directory" for drug applications [1] - Zhonghui Biotech-B (02627) saw a significant increase of 24%, while Jiuyuan Gene (02566) rose by 8.99%, and Kintor Pharmaceutical (09939) increased by 5.7% [1] - Innovent Biologics (01801) experienced a rise of 7.27%, and He Yu-B (02256) reached a new high with a 7.38% increase, reporting a 59% year-on-year growth in net profit for the first half of the year [1] Group 3: Pharmaceutical Developments - Daqi Pharmaceutical-B (06996) rose over 15% as Claudin 18.2 ADC was proposed for inclusion as a breakthrough therapy [2] Group 4: Technology Sector - Tencent's subsidiaries reported generally better-than-expected earnings, with Tencent Music-SW (01698) rising by 15%, and Reading Group (00772) also increasing by over 15% [2] - Weimeng Group (02013) saw an increase of over 7% [2] Group 5: Industrial and Manufacturing Sector - Chongqing Machinery (02722) rose by 8.9%, with an expected 50% year-on-year growth in net profit due to rapid growth in AIDC engine demand [3] - Zhongyan Hong Kong (06055) increased by over 7%, maintaining its position in the domestic cigarette export tax-free business, with earnings to be announced next Friday [3] Group 6: Technology and Electronics - Qiu Tai Technology (01478) rose by over 8%, reporting a 167% year-on-year increase in net profit for the first half of the year, leading to target price upgrades from multiple institutions [4] - Hong Teng Precision (06088) increased by over 9% post-earnings, with a cumulative rise of over 60% in the month, reporting an 11% revenue growth but a 3% decline in net profit [5] - Minmetals Resources (01208) rose by over 9% after reporting a 15-fold increase in net profit for the first half of the year and lowering cost guidance for its mines [6] Group 7: Performance Review - 361 Degrees (01361) fell by over 10% post-earnings, with institutions stating that the first half performance met expectations, but net profit growth was slightly lower than revenue growth [7]

Group 1 - The core viewpoint of the article highlights that Chongqing Machinery and Electric Co., Ltd. (02722) has seen a significant stock price increase of over 40% within the month, with a current rise of 7.82% to HKD 1.93, and a trading volume of HKD 84.25 million [1] - The company announced an expected net profit attributable to shareholders for the first half of the year to grow by approximately 50% compared to the same period in 2024, driven by improved management practices and better performance in its hydropower equipment business, as well as increased investment returns from its high-power engine and ultra-high voltage transmission and transformation businesses [1] - Huatai Securities noted that with the rapid development of AI, AIDC is becoming an important AI infrastructure, and diesel generators will remain the core backup power source for data centers, emphasizing the significance of Chongqing Cummins Engine Co., Ltd., a joint venture of Chongqing Machinery and Electric Co., Ltd., which is the only R&D and manufacturing base for high-power engines in China established in 1995 [1]

Group 1 - Chongqing Machinery and Electric Co., Ltd. (02722) has seen its stock price increase by over 11%, with a cumulative rise of more than 40% in the month [1] - As of the latest report, the stock is trading at HKD 1.93, with a transaction volume of HKD 84.25 million [1] - The company expects a net profit attributable to shareholders to grow by approximately 50% compared to the same period in 2024, driven by improved management practices and better performance in its hydropower equipment business [1] Group 2 - The increase in profit is also attributed to higher investment returns from the large horsepower engine business and the ultra-high voltage transmission and transformation business [1] - Huatai Securities has noted that with the rapid development of AI, AIDC is becoming a crucial infrastructure for AI, and diesel generators will remain the core backup power source for data centers [1] - Chongqing Cummins Engine Co., Ltd., a joint venture of Chongqing Machinery and Electric Co., Ltd., is the only R&D and manufacturing base for large horsepower engines established by Cummins in China since 1995 [1]

Core Viewpoint - Chongqing Machinery and Electric Co., Ltd. (02722) has seen a significant stock increase of over 11%, with a cumulative rise of more than 40% in the month, driven by an expected 50% year-on-year growth in net profit for the first half of 2024 [1][1][1] Company Summary - The company anticipates a net profit attributable to shareholders to increase by approximately 50% compared to the same period in 2024, attributed to improved management practices, better performance in hydropower equipment, and increased investment returns from high-power engine and ultra-high voltage transmission and transformation businesses [1][1][1] - The stock price reached 1.93 HKD with a trading volume of 84.25 million HKD at the time of reporting [1][1][1] Industry Summary - The rapid development of AI has positioned AIDC as a crucial infrastructure for AI, with a notable increase in construction data [1][1][1] - Diesel generators remain the core backup power source for data centers, despite the advancements in AI technology [1][1][1] - Chongqing Cummins Engine Co., Ltd., a joint venture of Chongqing Machinery and Electric Co., Ltd., is the only R&D and manufacturing base for high-power engines in China, established in 1995 [1][1][1]

Core Viewpoint - Chongqing Machinery and Electric (02722) announced a positive earnings forecast, expecting a net profit attributable to shareholders to increase by approximately 50% compared to the same period in 2024, driven by improved management practices and better performance in its hydropower equipment and large-capacity engine businesses [1] Group 1: Financial Performance - The company's stock opened nearly 9% higher following the earnings announcement, currently trading at 1.84 HKD with a transaction volume of 8.8651 million HKD [1] - The anticipated profit growth is attributed to enhanced lean management, significant improvements in hydropower equipment operations, and increased investment returns from large-capacity engines and ultra-high voltage transmission and transformation businesses [1] Group 2: Market Opportunities - According to CICC's research report, large-capacity engines are critical components for backup diesel generator sets in data centers, characterized by high technical barriers and low domestic production rates [1] - The current high demand for AIDC construction is expected to drive both volume and price increases for diesel generator sets and large-capacity engines [1] - Cummins has been involved in the research and manufacturing of large-capacity engines through its joint venture with Chongqing Machinery and Electric since 1995, entering the Chinese generator market in 1996 [1]

Group 1 - Chongqing Machinery and Electric (02722) experienced a nearly 9% increase in stock price following a profit alert, with a current price of 1.84 HKD and a trading volume of 8.8651 million HKD [1] - The company expects a 50% increase in net profit attributable to shareholders for the first half of the year compared to the same period in 2024, driven by improved management practices and better performance in hydropower equipment, large-capacity engine business, and increased investment returns from ultra-high voltage transmission and transformation business [1] - CICC previously reported that large-cylinder engines are core components of diesel generator sets for data center backup power, characterized by high technical barriers and low domestic production rates, with significant growth in demand for AIDC construction leading to opportunities for both diesel generator sets and large-cylinder engines [1] Group 2 - Cummins has been engaged in the research and manufacturing of large-capacity engines through its joint venture with Chongqing Machinery and Electric since 1995, entering the generator set market in China in 1996 [1]

Major Events - Tianyue Advanced (02631) plans to globally offer 47.7457 million H-shares from August 11 to August 14 [1] - Hengrui Medicine (01276) has its injection drugs listed in the proposed breakthrough treatment varieties public notice [1] - Shoucheng Holdings (00697) invests in Southern Universal Data Center REIT and Southern Runze Technology Data Center REIT [1] - Boyaa Interactive (00434) is included in the MSCI Global Small Cap Index [1] Financial Performance - Yum China (09987) reports a net profit of $507 million, an increase of 1.6% year-on-year [1] - Master Kong Holdings (00322) announces a profit attributable to shareholders of 2.271 billion yuan, up 20.5% year-on-year [1] - Q Tech (01478) reports a profit of 308 million yuan, a significant increase of 167.59% year-on-year [1] - Hang Wan Technology (01523) announces a net profit of approximately $21.665 million, up about 13.4% year-on-year, with a dividend of 12.34 HK cents per share [1] - Ruipu Lanjun (00666) reports a gross profit of approximately 829 million yuan, a year-on-year growth of 177.8% [1] - Kingdee International (00268) sees a revenue increase of 11.24% to 3.192 billion yuan, with strong growth in cloud business [1] - Yuyuan Group (00551) reports a profit attributable to shareholders of $171 million, a decrease of 7.2% year-on-year [1] - Boyaa Interactive (00434) reports a profit attributable to shareholders of 226 million HKD, down 27.8% year-on-year [1] - Chongqing Machinery and Electric (02722) expects a net profit attributable to shareholders to increase by about 50% year-on-year [1] - Anton Oilfield Services (03337) anticipates a significant profit increase of 41.6% to 60.5% year-on-year [1] - Sany International (00631) expects a net profit of approximately 1.234 billion to 1.332 billion yuan, an increase of 25% to 35% year-on-year [1] - Datang Renewable (01798) reports a cumulative power generation of approximately 21.3563 million MWh in the first seven months, an increase of 11.75% year-on-year [1] - China Jinmao (00817) reports a cumulative contracted sales amount of 61.807 billion yuan in the first seven months, up 23.12% year-on-year [1] - New Town Development (01030) reports a cumulative contract sales amount of approximately 11.99 billion yuan in the first seven months, down 55.66% year-on-year [1] - Dongfeng Motor Group (00489) reports automobile sales of approximately 978,500 units in the first seven months, a decrease of about 8.9% year-on-year [1] - Hopson Development Holdings (00754) reports a total contracted sales amount of approximately 9.047 billion yuan in the first seven months, down 12.49% year-on-year [1] - Yuyuan Group (00551) reports a net operating income of approximately $667.5 million in July, a year-on-year decrease of 1.9% [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Chongqing Machinery & Electric Co., Ltd. * 02722 正面盈利預告 本公告乃重慶機電股份有限公司（「本公司」，連同其附屬公司「本集團」）根據香港聯合交 易所有限公司證券上市規則（「上市規則」）第13.09條以及《證券及期貨條例》（香港法例第 571章）第XIVA部項下之內幕消息條文（定義見上市規則）而作出。 本公司董事會（「董事會」）謹此通知本公司股東（「股東」）及潛在投資者，根據董事會目前 所得的資料及按照本集團截至二零二五年六月三十日止六個月之未經審核綜合管理帳目 作出的初步審閱及評估，本集團預計截至二零二五年六月三十日止六個月股東應佔淨利 潤較二零二四年同期將有50%左右的增長。該增長主要由於本集團（i）持續提升精益管理 水平，水力發電設備業務經營業績改善明顯，及(ii)大馬力發動機業務、特高壓輸變電業 務投資收益增加所致。 董事會謹此提醒股東及潛在投資 ...