证券代码：600031 证券简称：三一重工 公告编号：2025-067 三一重工股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： 投资者可于 2025 年 08 月 26 日(星期二) 至 09 月 01 日(星期一)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 fanjj2@sany.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 三一重工股份有限公司（以下简称"公司"）已于 2025 年 8 月 22 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 09 月 02 日上午 10:00-11:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟 ...

证券代码：600031 证券简称：三一重工 公告编号：2025-066 三一重工股份有限公司 2025 年"提质增效重回报"行动方案公告 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 担个别及连带责任。 为进一步贯彻党的二十大和中央金融工作会议精神，认真落实国务院《关于 进一步提高上市公司质量的意见》，积极响应上海证券交易所《关于开展沪市公司 "提质增效重回报"专项行动的倡议》，结合公司实际情况，三一重工股份有限公 司公司（以下简称"公司"）制定了 2025 年"提质增效重回报"行动方案，具体 如下： 一、坚持"高质量发展"经营原则，全面推进"三化"战略 公司将坚持"高质量发展"经营原则，持续推动全球化、数智化、低碳化战 略，进一步提升盈利能力、经营效率与现金流水平。坚持"三服从"，即规模服从 效益、效益服从品牌、品牌服从价值观。加强研发创新，抓好人才引进与培养， 提升人才厚度。 二、注重投资者回报 公司严格执行股东分红回报规划及利润分配政策，积极回报投资者。最近三 年（2022 年度-2024 年度）累计现金分红 62.44 亿元（不 ...

证券代码：600031 证券简称：三一重工 公告编号：2025-068 三一重工股份有限公司 关于召开2025年第四次临时股东会的通知 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： 一、 召开会议的基本情况 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 10 日 15 点 0 分 召开地点：湖南省长沙市长沙县三一产业园行政中心一号会议室 - 1 - 股东会召开日期：2025年9月10日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系 统 (一)股东会类型和届次 2025年第四次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 10 日 至2025 年 9 月 10 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 ...

三一重工公告，2025年上半年营业收入445.34亿元，同比增长14.96%。净利润52.16亿元，同比增长 46.00%。公司拟向全体股东每10股派发3.1元现金红利（含税）。 ...

Investment Rating - The industry investment rating is maintained at "Market Weight" [1][6]. Core Insights - In July 2025, excavator sales reached 17,138 units, a year-on-year increase of 25.19%, while month-on-month sales decreased by 8.86%. Domestic sales were 7,306 units, up 17.20% year-on-year, and exports were 9,832 units, up 31.87% year-on-year, accounting for 57.37% of total sales, marking a two-year high [3]. - For the first seven months of 2025, cumulative excavator sales totaled 137,658 units, a year-on-year increase of 17.75%, with domestic sales at 72,943 units (up 22.67%) and exports at 64,715 units (up 13.02%) [3]. - Loader sales in July 2025 were 9,000 units, a year-on-year increase of 7.41%, with domestic sales at 4,549 units (up 2.48%) and exports at 4,451 units (up 12.97%) [4]. - The cumulative loader sales for the first seven months of 2025 reached 73,769 units, a year-on-year increase of 12.80% [4]. - The report highlights that domestic demand is supported by multiple factors, including the acceleration of local government bond issuance, which totaled approximately 33,071 billion yuan, up 42.72% year-on-year [5]. - Major projects such as the Yarlung Tsangpo River hydropower project and future railway constructions in Tibet are expected to effectively support long-term domestic demand [5]. - In July 2025, the export trade value of construction machinery was 5.238 billion USD, a year-on-year increase of 19.19% [5]. - The report suggests a continued focus on industry leaders such as Sany Heavy Industry, XCMG, Zoomlion, LiuGong, and Hengli Hydraulic [6]. Summary by Sections Excavator Sales - July 2025 excavator sales: 17,138 units, +25.19% YoY, -8.86% MoM [3] - Domestic sales: 7,306 units, +17.20% YoY, -10.20% MoM [3] - Export sales: 9,832 units, +31.87% YoY, -7.84% MoM [3] - Cumulative sales (Jan-Jul 2025): 137,658 units, +17.75% YoY [3] Loader Sales - July 2025 loader sales: 9,000 units, +7.41% YoY, -25.09% MoM [4] - Domestic sales: 4,549 units, +2.48% YoY, -24.37% MoM [4] - Export sales: 4,451 units, +12.97% YoY, -25.08% MoM [4] - Cumulative sales (Jan-Jul 2025): 73,769 units, +12.80% YoY [4] Market Demand and Investment - Local government bond issuance: 33,071 billion yuan, +42.72% YoY [5] - Major projects supporting demand: Yarlung Tsangpo River hydropower project, Tibet railway construction [5] - July 2025 export trade value: 5.238 billion USD, +19.19% YoY [5] Investment Recommendations - Suggested focus on industry leaders: Sany Heavy Industry, XCMG, Zoomlion, LiuGong, Hengli Hydraulic [6]

一走进三一硅能位于湖南株洲的工厂，智能制造的气息扑面而来：AGV（自动导向车）穿梭在洁净而 明亮的车间，将硅片从一个工序运送到下一个工序，机械臂在各自工位上有序地劳作。在成品库，光伏 组件正等待着发往非洲市场。 8月15日，位于西非的三一硅能几内亚圣图矿区微电网项目一期正式投运，当地彻底告别柴油发电，成 功实现光储联合、全负荷绿电供应。该项目按矿区划分为三个子项目，总配置为7MWp光伏 +7MW/21MWh储能。 "现在我们手上有约20个微电网项目正在开工或即将开工，因此产线格外忙碌，排产几乎达到了 200%。"8月20日，三一硅能微电网研究院院长邓俊波向上海证券报记者表示。 在光伏产业链普遍承压、开工率探底之际，三一硅能为何呈现非同一般的红火景象？ "关键在于，我们去年下半年将微电网业务全面升格为主营业务，彻底打开了新局面。"邓俊波笑着说。 眼下，三一集团正推动新能源与工程机械两大业务的深度协同。三一集团党委书记、轮值董事长向文波 表示，三一全面深化产业布局，广泛覆盖风能、光能、氢能及储能等低碳化产业领域，加速推进绿色低 碳发展体系的构建，打造全新的、具有前瞻性的绿色低碳产业发展格局。 智能化生产线 一条长 ...

Core Viewpoint - SANY's 2025 electrification strategy has been upgraded, focusing on niche scenarios and providing tailored solutions for various industries through product iteration and upgrades, promoting high efficiency, low carbon, and intelligent development in the industry [1]. New Product Launch - The Jiangshan 430 charging electronic mother vehicle has been launched, featuring a sub-vehicle height of ≤2.8m and a mother vehicle height of ≤4m, allowing for mutual charging between vehicles, achieving efficient operation with "full outbound and empty return" [2][4]. - The Jiangshan 425 replacement electronic mother vehicle offers a "replace only, no repair" battery service with an 8-year or 4000-cycle warranty, and mutual charging capabilities between vehicles [5][7]. Product Upgrades - The 4x2-318 port tractor has been introduced as the lightest (7.7t), shortest wheelbase (3500mm), and smallest turning radius (7m) in its class, enhancing operational efficiency and reducing costs in port transportation [8][10]. - The 4x2-636 port tractor features low energy consumption and high maneuverability, with a bottom-mounted battery design for extended range, suitable for high-frequency port operations [11][13]. - The 600 large battery series has been upgraded with SE half-high and SE high-top models, offering multiple options for different working conditions, achieving fast charging of 400kWh in 1 hour and peak power of 520kW, comparable to 700 horsepower [14][16]. - The Jiangshan flat-top 430 series has seen significant upgrades, including an increase in battery capacity to 431kWh (+8kWh), charging speed enhancement to 600A (20% faster), and an extended warranty period [17][19]. Industry Focus - SANY Heavy Truck is committed to deepening its presence in niche markets by continuously launching professional and efficient electric heavy truck solutions, aiming to drive the green and intelligent transformation of the logistics industry through technological innovation [19].

Core Viewpoint - The domestic new energy heavy truck market continues to show strong performance, with significant year-on-year growth in sales, particularly in the new energy tractor segment, which has become a dominant player in the market [1][4][29]. Sales Performance - In July 2025, the overall sales of new energy heavy trucks reached nearly 17,000 units, with a year-on-year increase of 152% [4]. - New energy tractors sold approximately 12,700 units in July, marking a year-on-year increase of 195% [4][18]. - The sales of new energy tractors accounted for 75.97% of the new energy heavy truck market in July, slightly down from 77.68% the previous month [6]. Market Share and Growth - From January to July 2025, new energy tractors captured 31.32% of the total tractor sales, significantly higher than the 17.43% share in 2024 [10]. - The market share of new energy tractors has increased by over 15 percentage points compared to the same period last year [6]. Monthly Sales Trends - The monthly sales figures for new energy tractors from March to July 2025 were among the highest in the history of the segment, indicating a strong upward trend [8]. - In July 2025, the overall heavy truck sales reached 64,300 units, with new energy tractors making up 36.15% of the total tractor sales [10]. Fuel Type Distribution - The majority of new energy tractors are pure electric, with 98.42% of the 71,100 units registered from January to July 2025 being electric vehicles [12]. Regional Distribution - New energy tractors have been registered in 30 out of 31 provincial-level regions in China, with Shanghai and Guangdong accounting for over one-third of the market share [14]. Competitive Landscape - In July 2025, the top-selling companies in the new energy tractor market included Jiefang and Xugong, both selling over 2,000 units [20]. - The competitive environment remains intense, with 12 companies selling over 200 units in July, and 6 companies exceeding 1,000 units [18]. Year-to-Date Performance - From January to July 2025, the cumulative sales of new energy tractors reached 71,100 units, representing a year-on-year increase of 251% [24]. - Major players such as Xugong and Jiefang have both sold over 11,600 units, with market shares of 16.34% and 16.31%, respectively [26]. Conclusion - The new energy tractor market has shown remarkable growth, with an average monthly year-on-year growth rate of 267% from January to July 2025, indicating a robust and expanding market [29].

"无人化是工程机械未来发展的大势所趋。"徐工机械方面称,此前该公司已与网易强强联合,并基于徐工 智能控制平台,将人工智能技术应用于工程机械,成功将网易在游戏中积累的数字化和AI能力迁移到挖掘 机、装载机等产品上。"这些产品具备远程操控、云端计算及智能化的能力,从而实现无人化作业目 标。" 此外,中联重科方面,近年来该公司在人工智能、云计算、大数据、物联网等前沿技术上持续投入研发并 加速应用,在大数据、云计算等数字化技术发明专利申请量行业排名第一。"人工智能时代将推动工程机 械行业与互联网、大数据、云计算等领域的深度融合,形成新的产业生态。未来,公司的每个产品都有望 成为一个'具身智能设备',实现'机器人化',具备单机智能+机群协作的能力。"据证券时报 近年来,工程机械行业持续推进智能化转型,AI人工智能大模型的应用,进一步催化工程机械装备智能化升 级。记者注意到,目前A股工程机械头部企业对人工智能赋能行业均表示看好,并加快战略布局的脚步。 "随着DeepSeek等AI技术的不断发展及应用,工程机械行业将迎来前所未有的变革。"三一重工表示,从智 能导航、远程操控,到自主学习与协同作业,AI技术将为工程机械产品注 ...

Investment Rating - The industry investment rating is "Overweight" [3] Core Viewpoints - The report emphasizes the significant growth potential in the humanoid robotics sector, with a projected cumulative global demand of approximately 2 million units by 2030, indicating a critical breakthrough phase from 0 to 1 [6][20] - The report highlights the acceleration of N-type penetration in photovoltaic equipment, strengthening the competitive edge of leading companies under the Matthew effect [21] - The energy storage sector is identified as essential for building a new type of power grid, with favorable policies enhancing industry prosperity [21] - The semiconductor equipment market is expected to reach $140 billion by 2030, with an increasing share from mainland China, although the domestic production rate remains low [21] - The automation market, particularly industrial consumables, is projected to grow from approximately 40 billion to 55.7 billion by 2026, benefiting from increased concentration and import substitution [22] - Hydrogen energy, particularly green hydrogen, aligns with carbon neutrality goals, supported by the rapid development of photovoltaic and wind energy [21] Summary by Sections Humanoid Robotics - Key companies recommended for investment include Huasheng Tiancai, Sanhui Electric, and Zhejiang Rongtai, among others [4] - The report discusses the recent humanoid robot sports event in Beijing, showcasing over 500 robots from 16 countries competing in various categories [15][20] - The introduction of the Genie Envisioner platform by Zhiyuan Robotics is noted as a significant advancement in the field, integrating video generation with robotic control [11][20] Photovoltaic Equipment - The report suggests focusing on leading companies like Maiwei and Jiejiacreating, which possess technological innovation and customer base advantages [21] - The overall price center of the photovoltaic industry chain is declining, with a focus on cost and efficiency improvements [21] Energy Storage - The report highlights the favorable policies for both generation-side and user-side energy storage, driving comprehensive development in the sector [21] - Companies like Xingyun and Kexin are identified as key players in the energy storage market [21] Semiconductor Equipment - The semiconductor equipment market is projected to double in the next decade, with a significant increase in demand for domestic production [22] - Companies such as Zhongwei and Beifang Huachuang are recommended for investment [22] Automation - The automation market is expected to grow significantly, with a focus on industrial consumables and the potential for leading companies to benefit from increased market concentration [22] Hydrogen Energy - The report emphasizes the importance of green hydrogen in achieving carbon neutrality, recommending companies like Longi Green Energy and Yihua Tong for investment [21]