（一）本所依据我国法律、法规、地方政府及部门规章、规范性文件及中国 证监会、上海证券交易所的有关规定以及本法律意见书出具日以前已经发生或者 存在的事实发表法律意见。 湖南启元律师事务所 关于三一重工股份有限公司 2022年限制性股票激励计划 部分限制性股票回购注销实施的 法律意见书 2025 年 8 月 致：三一重工股份有限公司 湖南启元律师事务所（以下简称"本所"）接受三一重工股份有限公司（以下简称 "公司"）的委托，根据《中华人民共和国公司法》（以下简称"《公司法》"）《中 华人民共和国证券法》（以下简称"《证券法》"）《上市公司股权激励管理办法》 （以下简称"《管理办法》"）等法律、行政法规、部门规章及其他规范性文件（以 下简称法律法规）和《三一重工股份有限公司章程》（以下简称《公司章程》）、 《三一重工股份有限公司2022年限制性股票激励计划（草案）》（以下简称《激 励计划（草案）》）的有关规定，就公司2022年限制性股票激励计划部分限制性 股票回购注销（以下简称"本次回购注销"）的实施情况出具本法律意见书。 为出具本法律意见书，本所（含经办律师）特作如下声明： （二）为出具本《法律意见书》，本所律师 ...

Core Viewpoint - The new energy tractor truck market in China has experienced rapid growth since 2025, with monthly sales consistently exceeding 10,000 units, particularly driven by the outstanding performance of new energy tractor trucks, which have shown significantly higher growth rates compared to the overall new energy heavy truck market [1][4]. Summary by Sections Market Performance - In July 2025, the new energy tractor truck market added 13,300 units, marking a year-on-year increase of 234% and a month-on-month increase of 11% [4][5]. - The July sales growth of 234% is notably higher than the overall new energy heavy truck market's growth of 185% for the same month, indicating that new energy tractor trucks are leading the market [5][6]. Regional Insights - In July, 30 provincial-level administrative regions in China reported new energy tractor truck sales, with 23 regions adding over 100 units each. Shanghai led with over 3,000 units sold [5][6]. Company Performance - In July, six companies sold over 1,000 units of new energy tractor trucks, with XCMG leading at 2,174 units, followed closely by Jiefang at 2,135 units [8][9]. - The top ten companies in terms of sales saw significant year-on-year growth, with XCMG, Jiefang, and SANY being the top three companies in cumulative sales [11][14]. Cumulative Sales Data - From January to July 2025, cumulative sales of new energy tractor trucks reached 65,100 units, representing a year-on-year increase of 266% [13][14]. - Jiefang, XCMG, and SANY have cumulative sales exceeding 9,000 units, with Jiefang leading at 10,700 units [14][15]. Market Share - The top five companies in the new energy tractor truck market hold significant market shares, with Jiefang at 16.49%, XCMG at 15.15%, and SANY at 14.86% [19]. - The competition among companies remains intense, with frequent changes in rankings as companies strive to outperform each other [19]. Future Outlook - The July sales record of 13,300 units sets a positive tone for the second half of the year, raising expectations for continued growth in August [21].

尤其值得关注的是，今年1月1日起实施的全国首部行业立法《长沙市促进工程机械产业发展条例》，从 多方面为工程机械企业出海贸易保驾护航，如条例中明确的通关便利化、海外服务体系建设等配套措 施，将显著提升企业参与国际竞争的效率。 "湘琼先进制造业共建产业园坐落在海南省东方市临港产业园高排港区腹地，内靠粤港澳大湾区，西邻 北部湾，是海上丝绸之路和西部陆海新通道的重要节点，也是面向东南亚、辐射东盟与'一带一路'共建 国家的重要门户。"产业园招商负责人介绍，园区以工程机械、装备制造为代表的先进制造业为主导产 业，已开工三批、共落户29个项目，总投资达130亿元，已有三一重工、中联重科、湘科集团、威重化 机、星邦智能等一批龙头企业落户。 当前，湘琼先进制造业共建产业园正在加快推进基础设施配套道路建设，谋划推进标准厂房、邻里中心 等项目建设，全面加快构建产业生态。 本次活动由海南省工业和信息化厅、湖南自贸试验区长沙片区管委会、长沙市工业和信息化局主办，湘 琼先进制造业共建产业园现场指挥部、长沙市制造业发展促进中心承办。 长沙晚报掌上长沙8月1日讯（全媒体记者 朱泽寰）1日下午，2025长沙企业全球化战略升级活动在湖南 自贸试 ...

Market Performance - In July 2025, the Shanghai Composite Index rose by 3.74%, while the Shenzhen Component Index increased by 5.20% and the ChiNext Index surged by 8.14%[5] - The average return of the stock portfolio in July was 1.14%, underperforming the CSI 300 Index which rose by 3.54%[5] Economic Outlook - China's GDP growth rate for the first half of 2025 was recorded at 5.3%, with a full-year target of 5% growth expected to be achievable[5] - The IMF has raised its global economic growth forecast, but the Federal Reserve's hawkish stance has reduced expectations for a rate cut in September[5] Stock Recommendations - Chengdu Bank (601838) is recommended for its high dividend yield of 4.82% based on a closing price of 18.47 RMB, with a PE ratio of 5.64[9][12] - Xinhua Insurance (601336) shows strong business elasticity with a closing price of 66.77 RMB and a PE ratio of 8.64, reflecting a significant increase in new business value by 67.9%[13][17] - Xiamen Tungsten (600549) is positioned well in tungsten and rare earth sectors, with a closing price of 23.22 RMB and a projected EPS of 1.33 RMB[18][19] Investment Risks - Economic fluctuations may lead to weaker consumer spending and corporate investment, impacting credit demand and asset quality for banks[12] - Regulatory tightening could hinder new policy sales and affect premium growth for insurance companies[17] Company Performance Highlights - Heng Rui Pharmaceutical (600276) reported a 20.14% increase in revenue for Q1 2025, driven by innovative drug sales[26][29] - Ningde Times (300750) achieved a 33.33% increase in net profit for H1 2025, with a strong cash reserve of 350.58 billion RMB[30][33]

Investment Rating - The report maintains a "Standard" investment rating for the mechanical equipment industry, indicating that the industry index is expected to perform within ±10% of the market index over the next six months [40]. Core Insights - The application scenarios for humanoid robots are expected to accelerate, supported by infrastructure projects that bolster domestic engineering machinery demand [1][3]. - The mechanical equipment sector has shown a bi-weekly increase of 1.84%, outperforming the CSI 300 index by 0.82 percentage points, ranking 14th among 31 sectors [11][15]. - The engineering machinery sub-sector has the highest growth, with a bi-weekly increase of 4.17% and a monthly increase of 9.36% [18]. Summary by Sections Market Review - As of July 31, 2025, the mechanical equipment industry has increased by 1.84% bi-weekly, 5.67% monthly, and 15.49% year-to-date, outperforming the CSI 300 index by 0.82, 2.12, and 11.92 percentage points respectively [11][15]. Valuation Situation - The current PE TTM for the mechanical equipment sector is 28.51 times, with sub-sectors showing varied valuations: General Equipment at 36.24, Specialized Equipment at 28.01, Engineering Machinery at 21.35, and Automation Equipment at 47.37 [2][22]. Industry News - The commencement of the Yarlung Tsangpo River downstream hydropower project on July 19 is expected to significantly support long-term demand for domestic engineering machinery [3][34]. - The global robot market is projected to exceed $400 billion by 2029, with China accounting for nearly 50% of this market [34]. Company Announcements - Companies such as Huichuan Technology and Green's Harmonic are recommended for attention due to their strong market positions and growth potential in the humanoid robot and servo product sectors [36][37]. Weekly Insights - The report highlights the anticipated launch of Tesla's Optimus Gen3 humanoid robot and the introduction of a medical care robot by Fourier, indicating a growing trend in humanoid robot applications [3][36].

专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 机械设备行业CFO薪酬平均数约为64.23万元。其中2024年薪酬最高为三一重工财务总监刘华，高达450.86万元；薪酬最低为天地科技财务总监王志刚，仅9.41万元。 从CFO学历分布来看，博士、硕士、本科、专科及以下分别为5人、143人、317人、94人（不含未披露），整体本科学历在CFO群体中占最大，达57%，高学历（硕士及以上）占比26%，而专科 在专科及以下学历的CFO群体中，共有6名CFO其2024年年度薪酬超过100万元。其中，中际联合任慧玲以284万元薪酬居行业第四。 在上市公司治理生态里，高管薪酬本应是"价值创造"的晴雨表，昊志机电（维权）财务总监肖泳林的薪酬走向，却成为观察公司治理矛盾的独特样本。2024年，肖泳林的薪酬达到124.08万元 肖泳林，1979年4月出生，中南财经政法大学工商管理硕士（EMBA）背景。其职业履历呈现典型的"多职合一"特征：1997年起涉足企业财务管理，2010年10月入职昊志机电任财务总监，后逐 初看肖泳林的薪酬水平，会发现其和公司盈利水平呈现出较强挂钩关系。公司盈利时， ...

专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股 CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平均年薪为 81.48万元。 分行业来看，机械设备行业CFO的年龄平均数约为47.37岁。其中，金道科技林捷及上海沪工杨福娟均 为67岁，为行业内年龄最大CFO；欧克科技陈真29岁，为行业内年龄最小CFO。 机械设备行业CFO薪酬平均数约为64.23万元。其中2024年薪酬最高为三一重工财务总监刘华，高达 450.86万元；薪酬最低为天地科技财务总监王志刚，仅9.41万元。 从CFO学历分布来看，博士、硕士、本科、专科及以下分别为5人、143人、317人、94人（不含未披 露），整体本科学历在CFO群体中占最大，达57%，高学历（硕士及以上）占比26%，而专科及以下占 比17%，整体较低学历占比较其他行业更高。 在专科及以下学历的CFO群体中，共有6名CFO其2024年年度薪酬超过100万元。其中，中际联合任慧玲 以284万元薪酬居行 ...

从指数持仓来看，上证优势制造产业指数十大权重分别为：江淮汽车（5.6%）、隆基绿能（5.1%）、 三一重工（5.08%）、中国船舶（5.01%）、中国中车（4.73%）、中航沈飞（4.56%）、特变电工 （4.5%）、国电南瑞（4.45%）、通威股份（3.79%）、航发动力（3.64%）。 金融界7月31日消息，上证指数低开低走，上证优势制造产业指数 (优势制造，000146)下跌1.71%，报 6624.04点，成交额442.33亿元。 数据统计显示，上证优势制造产业指数近一个月上涨7.96%，近三个月上涨13.02%，年至今上涨 2.73%。 据了解，上证优势产业指数系列分别选取符合优势资源、优势制造和优势消费概念的证券作为指数样 本，以反映沪市相关优势产业公司证券的整体表现。该指数以2003年12月31日为基日，以1000.0点为基 点。 从上证优势制造产业指数持仓的市场板块来看，上海证券交易所占比100.00%。 从上证优势制造产业指数持仓样本的行业来看，工业占比100.00%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调 ...

Core Viewpoint - The company is actively involved in the construction of the Yarlung Tsangpo River downstream hydropower project, which is set to begin on July 19, 2025, marking the start of the construction phase for the Motuo hydropower station [1] Group 1 - The construction of the Yarlung Tsangpo River downstream hydropower project is expected to create hundreds of thousands of job opportunities during the construction period [1] - The project is anticipated to drive rapid growth in related industries such as cement, steel, and civil explosives [1] - The company aims to proactively promote cooperation and provide better products and services for the construction of the Motuo hydropower station [1]

证券之星消息，7月31日工程机械板块较上一交易日下跌1.75%，恒立钻具领跌。当日上证指数报收于 3573.21，下跌1.18%。深证成指报收于11009.77，下跌1.73%。工程机械板块个股涨跌见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002685 | 华东重机 | 1.77 | 16.49% | -7968.42万 | -7.42% | -9730.03万 | -9.06% | | 603273 | 天元智能 | 1.43 Z | 31.42% | -9306.72万 | -20.44% | -4995.12万 | -10.97% | | 600031 | 三重工 | 5753.81万 | 3.76% | -1.01亿 | -6.59% | 4340.16万 | 2.83% | | 605389 | 长龄液压 | 2906.05万 | 13.52% | -1788.58万 | -8.32% ...