股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國龍工控股有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03339 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.1 | HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.1 | HKD | | 2,000,000,000 | 本月 ...

Core Viewpoint - The domestic sales of construction machinery in September 2025 continued to grow, with significant recovery in non-excavator categories, and strong export performance, indicating a positive outlook for the industry driven by equipment upgrades and internationalization [1][2][4]. Group 1: Domestic Sales Performance - In September 2025, excavator sales (including exports) reached 19,858 units, a year-on-year increase of 25.4%, with domestic sales at 9,249 units, up 21.5% [1]. - From January to September 2025, excavator sales (including exports) totaled 174,039 units, reflecting an 18.1% year-on-year growth, with domestic sales at 89,877 units, also up 21.5% [1]. - Non-excavator categories showed notable recovery, with loader sales up 25.6%, grader sales up 6.5%, truck crane sales up 40.7%, crawler crane sales up 66.7%, and truck-mounted crane sales up 29.8% in September 2025 [1]. Group 2: Market Drivers - The ongoing replacement cycle in the construction machinery sector is expected to support future excavator sales, with a projected compound growth rate of around 30% in replacement demand over the next few years [2]. - The export of used construction machinery to developing countries has reduced domestic ownership levels, further supporting new machine sales [2]. Group 3: Government Support and Infrastructure Investment - The government plans to issue 1.3 trillion yuan in long-term special bonds, increasing infrastructure investment, which is expected to boost demand for construction machinery [3]. - The government aims to enhance urban infrastructure, including underground engineering and municipal construction, which will sustain demand for construction machinery [3]. Group 4: Export Performance - In September 2025, excavator exports reached 10,609 units, a year-on-year increase of 29.0%, with total exports from January to September at 84,162 units, up 14.6% [4]. - The export value of construction machinery in September 2025 was $5.27 billion, reflecting a 29.6% year-on-year growth, with total export value from January to September at $43.86 billion, up 13.3% [4]. Group 5: Electrification Trends - In September 2025, electric loader sales surged to 2,586 units, a remarkable year-on-year increase of 176.0%, with an electrification rate of 24.6%, up 13.0 percentage points [5]. - From January to September 2025, electric loader sales totaled 21,407 units, up 157.2%, with an electrification rate of 22.8%, an increase of 13.6 percentage points [5][6]. Group 6: Major Projects Impact - The commencement of the Yarlung Tsangpo River downstream hydropower project, with an estimated investment of 1.2 trillion yuan, is expected to significantly boost demand for construction machinery, with equipment demand projected to reach 120 to 180 billion yuan [7]. - The project will require various types of construction machinery, including large excavators and concrete machinery, further driving industry growth [7]. Group 7: Recommended Companies - Recommended companies include SANY Heavy Industry, XCMG, Zoomlion, LiuGong, Shantui, and China Longgong, along with component manufacturers like Hengli Hydraulic [8]. - Companies related to the Yarlung Tsangpo project, such as China Railway Engineering Corporation and others, are also suggested for attention [8].

Core Viewpoint - The chairman of Hong Kong Stock Exchange, Li Xinyan, has increased his stake in China Longgong (03339) by acquiring 13.274 million shares at a price of HKD 2.8471 per share, totaling approximately HKD 37.7924 million [1] Group 1 - The total number of shares held by Li Xinyan after the purchase is approximately 2.436 billion shares, representing a holding percentage of 56.92% [1] - The transaction involves other related parties, specifically Ni Yinying [1]

Group 1 - The chairman of the Hong Kong Stock Exchange, Li Xinyan, increased his stake in China Longgong (03339) by acquiring 13.274 million shares at a price of HKD 2.8471 per share, totaling approximately HKD 37.7924 million [1] - Following the acquisition, the total number of shares held by Li Xinyan is approximately 2.436 billion, representing a holding percentage of 56.92% [1] - The transaction also involves other related parties, specifically Ni Yinying [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國龍工控股有限公司 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03339 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.1 | HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.1 | HKD | | 2,000,000,000 | 本月底 ...

(incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：3339） 30 September 2025 Dear registered shareholder(s), Lonking Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025 (the "Current Corporate Communications") and Arrangement of Electronic Dissemination of Corporate Communications Solicitation of electronic contact details To ensure timely receipt of the latest Corporate Communications, the Company recommends you provide your email address ...

(incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） （Stock Code 股份代號：3339） 30 September 2025 Dear non-registered shareholder(s), Lonking Holdings Limited (the "Company") – Notice of Publication of Interim Report 2025 (the "Current Corporate Communications") and Arrangement of Electronic Dissemination of Corporate Communications The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.lonkinggroup.com and the HKE ...

Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 5,596,064,000, representing a 4.40% increase from RMB 5,360,093,000 in the same period of 2024[5] - Operating profit increased by 20.75% to RMB 737,054,000 compared to RMB 610,402,000 in the previous year[5] - Net profit attributable to equity holders of the parent rose by 37.83% to RMB 631,728,000 from RMB 458,353,000[5] - Basic earnings per share increased by 36.36% to RMB 0.15, up from RMB 0.11[5] - The gross profit margin improved to 20.28%, up from 18.46% in the previous year, reflecting a 1.82% increase[5] - The net profit margin increased to 11.29%, compared to 8.55% in the same period last year, a rise of 2.74%[5] - Total comprehensive income for the period was RMB 625,482,000, compared to RMB 461,221,000 in the previous year, reflecting a strong performance[13] - The company reported a pre-tax profit of RMB 735,663 for the six months ended June 30, 2025, compared to RMB 591,053 for the same period in 2024, indicating a growth of 24.4%[30] - Net profit for the period was RMB 632 million, a 37.80% increase from RMB 458 million in the same period last year[68] Cash Flow and Liquidity - Operating cash flow before changes in working capital was RMB 683,675,000, up from RMB 548,734,000, marking a 24.5% increase[21] - The company reported a net cash flow from operating activities of RMB 579,683,000, compared to RMB 316,244,000, representing an increase of 83.2%[21] - The current ratio was 2.29, slightly down from 2.42, indicating a 5.37% decrease in liquidity[5] - Cash and bank balances increased significantly by RMB 2,736 million or 224.6% to approximately RMB 3,954 million, attributed to strong operational performance and effective cost management[78] Assets and Liabilities - As of June 30, 2025, total non-current assets increased to RMB 3,683,115,000 from RMB 3,011,628,000 in December 2024, representing a growth of 22.3%[15] - Current assets totaled RMB 12,833,296,000, up from RMB 12,463,367,000, indicating an increase of 2.96%[16] - Total current liabilities rose to RMB 5,613,552,000, compared to RMB 4,712,868,000, reflecting an increase of 19.1%[16] - The total liabilities for other payables and accrued liabilities rose to RMB 858,564 thousand as of June 30, 2025, up from RMB 801,633 thousand as of December 31, 2024, indicating a growth of about 7%[56] - The company’s total liabilities rose to RMB 5,700,350 as of June 30, 2025, compared to RMB 4,770,902 as of December 31, 2024, reflecting an increase of 19.5%[34] Sales and Market Performance - The sales of wheel loaders accounted for 41.2% of total sales, amounting to RMB 2,300,997, while forklift sales represented 33.6% with RMB 1,880,612[36] - Revenue from external customers in mainland China was RMB 3,962,590, an increase from RMB 3,892,804 in the previous year[33] - The loader business contributed the largest share to the company's revenue and profit, accounting for 41.12% of total sales, up from 40.31% in the same period last year[68] - Excavator sales grew by 59.58% year-on-year, with a sales share of 14.44%, an increase of 4.99 percentage points compared to 9.45% in the previous year[68] - The Northwest region saw a sales increase of 22.3%, with market share rising from 7.01% to 8.58%[69] - Export market performance was strong, growing by 11.3%, increasing its share of total revenue from 27.37% to 29.19%[69] Cost and Expenses - The cost of sold inventory rose to RMB 4,211,845,000 in 2025, up from RMB 3,794,684,000 in 2024, indicating an increase of 11%[40] - Financial costs decreased dramatically by 92.8% from RMB 19.35 million to RMB 1.39 million, enhancing profitability and financial flexibility[87] - R&D expenses increased by 8.4% to RMB 240.27 million, demonstrating the company's commitment to innovation and product development[89] Corporate Governance and Management - The company has adopted and complied with the corporate governance code as of June 30, 2025, with some deviations noted[91] - The board believes that the dual role of the chairman and CEO held by Mr. Li is appropriate for maintaining policy continuity and business stability[96] - The company has improved its internal control systems, enhancing supply chain management and inter-departmental oversight[100] - The company emphasizes effective communication as a core aspect of investor relations, having conducted over 25 investor meetings and calls in the first half of 2025[101] Shareholder Information - As of June 30, 2025, the company has a total of 2,400,299,088 shares outstanding, with the largest shareholder, Ni Yinying, holding 56.03% of the shares[104] - The company does not plan to distribute any interim dividends for the six months ending June 30, 2025, maintaining the previous year's dividend of 0 HKD per share[107] Social Responsibility and Future Outlook - The company is committed to enhancing shareholder value while providing high-quality products and services to customers[102] - The company has a strong commitment to social responsibility and community development[102] - The company anticipates that the Chinese economy will continue to develop steadily, supported by proactive macro policies, particularly benefiting the engineering machinery industry[90] - Significant government projects, such as the Yarlung Tsangpo River downstream hydropower project, are expected to positively impact market demand for engineering machinery[90]

Group 1 - The core viewpoint of the article highlights that China Longgong (03339) has seen a stock price increase of over 5%, currently at 3.05 HKD, with a trading volume of 95.34 million HKD [1] - According to the Engineering Machinery Industry Association, excavator sales (including exports) are projected to reach 16,523 units by August 2025, representing a year-on-year growth of 12.8% [1] - Domestic sales are expected to be 7,685 units, showing a year-on-year increase of 14.8%, while export sales are anticipated to be 8,838 units, reflecting an 11.1% year-on-year growth [1] Group 2 - Guoyuan Securities indicates that domestic leading enterprises maintain strong competitive advantages in both supply and demand sides, supporting a positive outlook for the engineering machinery industry [1] - In the first half of this year, China Longgong achieved revenue of 5.596 billion RMB, a year-on-year increase of 69.67%, and a net profit attributable to shareholders of 632 million RMB, up 37.83% year-on-year [1] - Everbright Securities believes that the company's performance meets expectations and is likely to benefit significantly from the recovery of the domestic engineering machinery industry and trends towards internationalization and electrification [1]

Group 1 - China Longgong (03339) shares rose over 5%, currently up 5.17% at HKD 3.05, with a trading volume of HKD 95.34 million [1] - According to the Engineering Machinery Industry Association, excavator sales (including exports) are projected to reach 16,523 units by August 2025, representing a year-on-year increase of 12.8% [1] - Domestic excavator sales are expected to be 7,685 units, up 14.8% year-on-year, while export sales are forecasted at 8,838 units, reflecting an 11.1% increase [1] Group 2 - Guoyuan Securities indicates that domestic leading enterprises maintain strong competitive advantages in both supply and demand sides, supporting a positive outlook for the engineering machinery industry [1] - In the first half of this year, China Longgong achieved revenue of RMB 5.596 billion, a year-on-year increase of 69.67%, and a net profit attributable to shareholders of RMB 632 million, up 37.83% year-on-year [1] - Everbright Securities believes that the company's performance meets expectations and is likely to benefit significantly from the recovery of the domestic engineering machinery industry and trends towards internationalization and electrification [1]