Financial Performance - In 2021, Anhui Heli achieved a record high in key performance indicators, including operating revenue and vehicle exports, marking a strong start to the "14th Five-Year Plan" period[6]. - The company achieved operating revenue of CNY 15.42 billion in 2021, a year-on-year increase of 20.47%[36]. - The net profit attributable to shareholders was CNY 633.94 million, representing a decrease of 13.40% compared to the previous year[36]. - The company sold 274,800 units of machinery, marking a 24.53% increase in sales volume year-on-year[52]. - The company’s total assets increased by 19.09% to CNY 11.64 billion by the end of 2021[36]. - The company’s cash flow from operating activities decreased by 29.78% to CNY 647.52 million[36]. - The basic earnings per share decreased by 13.13% to CNY 0.86[39]. - Operating costs amounted to 12.93 billion RMB, reflecting a year-on-year increase of 22.86%[105]. - The company’s net cash flow from operating activities decreased by 29.78% to 648 million RMB[109]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY, representing a 15% year-over-year growth[166]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 3.50 RMB per 10 shares, totaling approximately 259 million RMB, based on a total share capital of 740,180,802 shares as of the end of 2021[15]. - The company emphasizes green and low-carbon development, continuously creating wealth for shareholders through cash dividends and maintaining a strong commitment to corporate social responsibility[102]. - The company has a clear cash dividend policy that aligns with its articles of association, ensuring the protection of minority shareholders' rights[199]. - The company did not propose a cash profit distribution plan during the reporting period despite having positive distributable profits[199]. Growth and Market Expansion - Anhui Heli has experienced significant growth in forklift production, reaching over 30,000 units sold per month, compared to 10,000 units produced over three years in the past[7]. - The company is expanding its investment in high-end casting and deep processing manufacturing bases, enhancing the supply capacity of key components[63]. - The company plans to expand its market presence through investments in new projects, including establishing a joint venture in the Middle East[135]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[166]. - The company is pursuing the acquisition of land use rights and property from Youjiali Forklift (Anhui) Co., Ltd.[185]. Research and Development - The company launched the G2 series lithium battery special vehicles, which became a best-selling product during the reporting period[53]. - The company completed the R&D of 2-10 ton hydrogen fuel cell forklifts and plans to implement a market application plan for 200 units[53]. - The company obtained 584 patent authorizations in 2021, including 4 invention patents, and completed 70 technical research projects[55]. - Research and development expenses increased by 32.01% to 711 million RMB, primarily due to increased R&D investment[109]. - R&D investment for the year 2021 was CNY 712 million, focusing on new technologies such as lithium batteries and hydrogen energy[124]. - The company plans to focus on electric, systematic, and intelligent research and development during the "14th Five-Year Plan" period, aiming to build a new development ecosystem[145]. Corporate Governance and Compliance - Anhui Heli's board of directors and management have confirmed the accuracy and completeness of the annual report, ensuring no significant omissions or misleading statements[12]. - The company has maintained compliance with corporate governance regulations, ensuring effective checks and balances among the board, supervisory board, and management[152]. - The company has not reported any major discrepancies with the regulations set forth by the China Securities Regulatory Commission regarding corporate governance[152]. - The company has not engaged in any major investments or external guarantees that would compromise its operational independence[152]. - The company has not faced any penalties from securities regulatory agencies in the past three years[178]. Operational Efficiency and Innovation - The company emphasizes its focus on high-quality development, aiming to enhance its capabilities in electric, systematic, and intelligent solutions[9]. - The company is actively developing digital workshops and smart factories, aiming to establish a leading domestic and internationally advanced intelligent manufacturing system for industrial vehicles[101]. - The company has committed to enhancing operational efficiency through lean production and intelligent manufacturing to mitigate cost pressures[149]. - The company’s smart fleet management system integrates cloud computing and IoT technologies, providing users with efficient and safe fleet management solutions[89]. - The company’s smart logistics system utilizes advanced algorithms to enhance user productivity and management efficiency, with applications in various industries including home manufacturing and logistics[86]. Employee and Management Structure - The company employed a total of 8,427 staff members, with 3,515 in the parent company and 4,912 in major subsidiaries[196]. - The workforce includes 4,167 production personnel, 993 sales personnel, and 1,771 technical personnel[196]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 14.3071 million yuan[175]. - The company has maintained a stable leadership team with no significant turnover in key management positions during the reporting period[176]. - The company has established a competitive compensation management system, providing annual salary adjustments and promotion opportunities for outstanding employees[196]. Social Responsibility - The company actively engaged in corporate social responsibility, receiving awards for information disclosure and contributions to society[67]. - The company has no retired employees requiring financial support, indicating a focus on maintaining a stable workforce[196]. - The company is set to conduct various vocational skills training and educational programs for employees in 2022[199].

2021 年第三季度报告 单位：元 币种：人民币 证券代码：600761 证券简称：安徽合力 安徽合力股份有限公司 2021 年第三季度报告 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告 中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 （一）主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-----------------------------|------------------|---------------------------------------|-------------------|--------------------------------------------| ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥7,941,220,897.35, representing a 46.19% increase compared to ¥5,431,970,419.20 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥378,295,489.74, a decrease of 6.11% from ¥402,910,834.28 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥344,545,624.77, down 7.40% from ¥372,099,275.86 in the same period last year[25]. - Basic earnings per share for the first half of 2021 were ¥0.51, down 5.56% from ¥0.54 in the same period last year[25]. - The weighted average return on net assets was 6.72%, a decrease of 1.07 percentage points from 7.79% in the previous year[25]. - The company achieved total vehicle sales of 147,700 units, representing a year-on-year increase of 61.35%[36]. - The company's revenue reached 7.941 billion RMB, a year-on-year growth of 46.19%[51]. - The company’s operating costs increased by 54.05% to 6.679 billion RMB, primarily due to rising raw material prices[51]. - Operating profit for the first half of 2021 was ¥530,604,408.49, slightly up from ¥526,138,877.06 in the first half of 2020[146]. - The company reported a total profit of ¥453,264,189.18 for the first half of 2021, compared to ¥448,221,294.75 in the same period of 2020, reflecting a growth of 1.1%[151]. Cash Flow and Investments - The net cash flow from operating activities was -¥42,946,549.18, a significant decline from ¥305,172,523.96 in the previous year, representing a decrease of 114.07%[25]. - Cash flow from investing activities decreased by 102.33% to -¥10.07 million, attributed to increased fixed asset investments and adjustments in bank wealth management structures[56]. - Cash flow from financing activities was ¥46.31 million, a significant improvement from -¥65.86 million in the previous period, mainly due to reduced repayment of bank loans[56]. - Cash inflow from investment activities totaled CNY 114,048,655.25, down 77.9% from CNY 514,372,880.07 year-over-year[159]. - Net cash flow from investment activities was negative CNY 10,073,189.56, a significant decline from CNY 431,693,752.57 in the previous year[159]. - Cash inflow from financing activities was CNY 423,426,225.00, compared to CNY 500,000,000.00 in the first half of 2020[159]. Assets and Liabilities - The total assets at the end of the reporting period were ¥10,601,387,781.14, an increase of 8.50% compared to ¥9,770,570,377.16 at the end of the previous year[25]. - The total current assets as of June 30, 2021, amounted to RMB 7,724,927,571.39, an increase from RMB 6,975,117,294.87 as of December 31, 2020, representing a growth of approximately 10.7%[132]. - The total liabilities as of June 30, 2021, were not specified but are critical for assessing the company's financial health[132]. - Total liabilities reached ¥4,515,930,130.41, compared to ¥3,786,316,855.99, indicating an increase of approximately 19.3%[136]. - Current liabilities rose to ¥3,878,975,099.29, up from ¥2,943,620,678.26, reflecting a significant increase of approximately 31.5%[136]. Research and Development - R&D expenses rose by 50.19% to ¥331.12 million, driven by increased investment in research and development and the expiration of social security exemptions from the previous year[56]. - Research and development expenses increased to ¥331,117,623.96 in the first half of 2021, compared to ¥220,463,241.70 in the same period of 2020, reflecting a growth of 50.3%[146]. - The company launched a total of 98 new models, including 53 electric new energy forklifts, during the reporting period[36]. Environmental and Social Responsibility - The company actively promoted low-carbon and energy-saving products, contributing to carbon reduction efforts[46]. - The company invested over 3 million yuan in poverty alleviation initiatives, helping 818 registered impoverished individuals achieve poverty alleviation[98]. - The company has established an emergency response plan for environmental incidents, which has been filed with the local environmental protection bureau[93]. - The company has implemented measures to reduce carbon emissions and is recognized as a national green factory[93]. - The company has installed online monitoring equipment for wastewater and waste gas emissions, ensuring compliance with environmental standards[94]. Related Party Transactions - The company reported a total of 213,331.44 million RMB in related party transactions during the reporting period[105]. - The sales of forklifts and parts to Anhui Haoyun Machinery Co., Ltd. amounted to 21,770.57 million RMB, accounting for 2.74% of similar transaction amounts[103]. - The company’s related party transactions are conducted at market prices, ensuring fairness and transparency[105]. - The company has no significant sales returns during the reporting period[105]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 37,580[117]. - The largest shareholder, Anhui Forklift Group Co., Ltd., held 281,026,535 shares, representing 37.97% of the total shares[118]. - UBS AG increased its holdings by 4,789,966 shares, totaling 25,761,045 shares, which is 3.48% of the total shares[118]. - The company has not reported any significant changes in share capital structure during the reporting period[117]. Corporate Governance - The company has undergone changes in its board of directors and senior management, with Yang Anguo elected as the new chairman[76]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[77]. - There are no updates on stock incentive plans or employee stock ownership plans[79].

1 证券代码：600761 证券简称：安徽合力 公告编号：临 2021-025 安徽合力股份有限公司 关于参加安徽辖区上市公司 2021 年投资者集体接待 日活动的公告 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个别及连带责任。 为方便广大投资者更加全面深入了解公司发展战略、经营状况，加强与投资 者的互动交流，公司定于 2021 年 5 月 18 日下午 14:00 - 17:30 参加由安徽 上市公司协会联合深圳市全景网络有限公司举办的主题为"安徽上市公司高质量 发展在行动"的安徽辖区上市公司 2021 年投资者集体接待日活动。现将有关事 项公告如下： 本次投资者网上集体接待日活动将在深圳市全景网络有限公司提供的网上 平台采取网络远程方式举行，投资者可以登录"全景路演天下"网上平台 （http://rs.p5w.net/）进入专区页面参与交流。 出席本次集体接待日的人员有：公司董事、董事会秘书、总经济师张孟青先 生，公司证券部副部长、证券事务代表刘翔先生等。欢迎广大投资者积极参与。 特此公告。 安徽合力股份有限公司董事会 2021 ...

Financial Performance - Operating revenue surged by 84.47% to CNY 3,472,451,814.18 year-on-year[10] - Net profit attributable to shareholders rose by 141.19% to CNY 178,647,605.33 compared to the same period last year[10] - Basic earnings per share increased by 141.16% to CNY 0.2414[10] - Operating profit for Q1 2021 was ¥233,789,287.08, reflecting a significant increase of 130.94% year-on-year, attributed to expanded production and sales scale[19] - The company's total revenue for Q1 2021 reached ¥3,472,451,814.18, a significant increase of 84.5% compared to ¥1,882,384,858.03 in Q1 2020[38] - Net profit for Q1 2021 was ¥205,683,541.45, up 126.5% from ¥90,965,052.42 in Q1 2020[42] - The company's operating profit for Q1 2021 was ¥233,789,287.08, compared to ¥101,233,950.74 in Q1 2020, representing a growth of 130.3%[42] - The company reported a total comprehensive income of ¥204,038,259.24 for Q1 2021, compared to ¥90,416,795.07 in Q1 2020, reflecting a growth of 125.5%[42] Assets and Liabilities - Total assets increased by 3.29% to CNY 10,092,348,148.61 compared to the end of the previous year[10] - Current liabilities rose to ¥3,148,849,403.41, compared to ¥2,943,620,678.26, reflecting an increase of about 7%[31] - Total liabilities reached ¥3,984,656,368.20, compared to ¥3,786,316,855.99, which is an increase of approximately 5.2%[31] - Total liabilities increased to ¥3,229,461,788.87 from ¥2,910,425,194.82, marking a rise of 10.9%[36] - Non-current assets totaled ¥2,977,935,306.13, up from ¥2,879,657,542.07, indicating an increase of about 3.4%[34] - The company's equity increased to ¥6,107,691,780.41 from ¥5,984,253,521.17, representing a growth of approximately 2.1%[31] Cash Flow - The net cash flow from operating activities was negative at CNY -148,055,387.25, worsening from CNY -131,488,899.60 in the previous year[10] - Cash received from sales of goods and services amounted to ¥2,589,706,974.55, up 70.90% year-on-year, due to increased sales volume[19] - Cash paid for purchasing goods and services was ¥2,265,396,870.29, reflecting an 86.91% increase year-on-year, mainly due to higher procurement volumes[21] - The net cash flow from operating activities for Q1 2021 was -¥148,055,387.25, a decline from -¥131,488,899.60 in Q1 2020[51] - Cash and cash equivalents at the end of Q1 2021 totaled ¥792,802,887.51, down from ¥1,894,805,205.14 at the end of Q1 2020[54] - Total cash outflow for operating activities was $2.18 billion, compared to $1.27 billion in the previous year, an increase of approximately 71.5%[57] Expenses - Research and development expenses rose to ¥143,985,335.02, marking a 62.79% increase year-on-year, driven by higher R&D investments[19] - The company's management expenses increased to ¥93,042,804.41, a rise of 32.00% year-on-year, primarily due to increased salary expenditures[19] - Sales expenses decreased to ¥10,108,399.77 in Q1 2021 from ¥26,049,307.27 in Q1 2020, a reduction of 61.1%[44] - Cash paid to employees increased to $211.92 million from $178.54 million, reflecting a rise of approximately 18.7%[57] Shareholder Information - The number of shareholders at the end of the reporting period was 37,432, with the largest shareholder holding 37.97%[13] Government Subsidies - The company received government subsidies amounting to CNY 10,541,415.90, which are closely related to its normal business operations[12] - The company received government subsidies related to income amounting to ¥6,901,980.43, a 52.39% increase year-on-year[19] Future Outlook - The company expects to maintain growth momentum in the upcoming quarters, supported by ongoing market expansion and new product developments[22]

Financial Performance - The company's operating revenue for 2020 was CNY 12,796,635,328.84, representing a 26.32% increase compared to CNY 10,130,234,608.77 in 2019[29]. - The net profit attributable to shareholders for 2020 was CNY 732,008,777.84, an increase of 12.38% from CNY 651,343,432.89 in 2019[29]. - The net profit after deducting non-recurring gains and losses was CNY 607,401,976.15, up 18.41% from CNY 512,971,645.22 in 2019[29]. - The net cash flow from operating activities was CNY 922,180,518.45, which is an 8.03% increase from CNY 853,672,096.81 in 2019[29]. - The total assets at the end of 2020 were CNY 9,770,570,377.16, a 23.12% increase from CNY 7,935,677,973.90 at the end of 2019[29]. - The basic earnings per share for 2020 were CNY 0.99, reflecting a 12.50% increase from CNY 0.88 in 2019[29]. - The weighted average return on net assets for 2020 was 14.06%, an increase of 0.43 percentage points from 13.63% in 2019[29]. - The company's total revenue for Q1 was approximately ¥1.88 billion, Q2 was ¥3.55 billion, Q3 was ¥3.64 billion, and Q4 was ¥3.73 billion, showing a steady increase throughout the year[33]. - Net profit attributable to shareholders for Q1 was approximately ¥74 million, Q2 was ¥329 million, Q3 was ¥186 million, and Q4 was ¥144 million, indicating fluctuations in profitability[33]. - The net cash flow from operating activities was negative in Q1 at approximately -¥131 million, but turned positive in subsequent quarters, with Q2 at ¥437 million, Q3 at ¥400 million, and Q4 at ¥217 million[33]. Product and Market Development - The company has expanded its product offerings, including lithium battery forklifts that have shown explosive sales growth in 2020[42]. - The company achieved a total machine sales volume of 220,600 units in 2020, representing a year-on-year increase of 44.82%[81]. - The sales volume of electric balance forklifts increased by 20.16% to 76,200 units, while electric walkie forklifts saw a significant growth of 42.98% to 322,900 units[61]. - The company launched 277 new product models in 2020, including 105 electric new energy forklifts[68]. - The company plans to continue its market expansion and product development in response to the recovering demand post-COVID-19[59]. - Domestic market revenue reached CNY 10.78 billion, a year-on-year increase of 28.36%, while international market revenue was CNY 1.89 billion, up 12.63%[86]. Financial Position and Investments - Cash and cash equivalents at the end of the period were RMB 2.230 billion, accounting for 22.83% of total assets, an increase of 46.82% compared to the previous period[63]. - Accounts receivable financing reached RMB 480.9438 million, representing 4.92% of total assets, with a year-on-year increase of 67.60%[63]. - Inventory stood at RMB 1.486 billion, making up 15.21% of total assets, with a year-on-year increase of 34.81%[63]. - The company invested ¥50,000 million to establish a wholly-owned subsidiary in Lu'an, focusing on manufacturing and processing[119]. - The company acquired a 17.50% stake in Zhejiang Jiali for ¥5,526.85 million, increasing its ownership to 35.00% after a subsequent investment[119]. - The company’s investment in the New Energy Vehicle and key components project totaled ¥27,894 million, with ongoing progress payments[123]. Social Responsibility and Community Engagement - The company actively engaged in social responsibility initiatives, donating CNY 1 million in cash and approximately CNY 950,000 worth of protective materials during the pandemic[92]. - The collective economic income of the Yinliu community reached 345,100 RMB, representing a year-on-year growth of approximately 40%[170]. - A total of 252 registered impoverished individuals were helped to escape poverty through various initiatives[173]. - The company invested 87.48 million RMB in poverty alleviation efforts, including 16.50 million RMB specifically for industrial development projects[173]. - The company plans to align future poverty alleviation efforts with provincial rural revitalization strategies to ensure sustainable economic development in the Yinliu community[174]. Environmental Compliance and Sustainability - The total amount of hazardous waste generated by the company was 477.76 tons, with proper disposal contracts in place[178]. - The company reported a total of 21 emission points for exhaust gases, with an actual particulate matter emission of 5.6 tons and non-methane total hydrocarbons at 38.1 tons[185]. - The annual allowable discharge for nitrogen oxides is 0.72 tons, with actual emissions in 2020 recorded at 0.045 tons, indicating compliance with environmental standards[180]. - The company has established a hazardous waste management ledger and electronic transfer orders, with a total hazardous waste generation of 145.424 tons in 2020[182]. - The company has implemented strict standards for VOC emissions, with actual emissions from painting processes recorded at 0.0063 tons, well below the allowable limits[181]. Corporate Governance and Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,539, a decrease from 28,714 in the previous month[192]. - Anhui Forklift Group Co., Ltd. holds 281,026,535 shares, representing 37.97% of the total shares, making it the largest shareholder[192]. - The company has not experienced any changes in its controlling shareholder during the reporting period[195]. - There are no significant shareholders holding more than 10% of the shares[198]. - The company has no restrictions on share reduction[198].

Financial Performance - Net profit attributable to shareholders rose by 21.55% to ¥588,452,456.59 for the year-to-date period[9] - Operating revenue grew by 21.20% to ¥9,070,875,249.71 for the year-to-date period[9] - Basic and diluted earnings per share increased by 23.08% to ¥0.80[9] - The company reported a net profit excluding non-recurring items of ¥537,812,424.11, a 31.76% increase year-on-year[9] - Total operating revenue for Q3 2020 reached ¥3,638,904,830.51, a significant increase of 47.2% compared to ¥2,470,612,124.07 in Q3 2019[41] - Net profit for Q3 2020 was ¥212,237,329.32, representing a 31.2% increase from ¥161,790,852.33 in Q3 2019[44] - The total profit for Q3 2020 was ¥244,021,539.09, compared to ¥191,307,000.22 in Q3 2019, marking a growth of 27.6%[44] - The company reported a total comprehensive income of ¥210,478,817.57 for Q3 2020, compared to ¥162,055,596.81 in Q3 2019[45] Assets and Liabilities - Total assets increased by 19.24% to ¥9,462,153,177.02 compared to the end of the previous year[9] - Current liabilities rose to ¥3,130,869,384.57, compared to ¥2,423,114,146.95, marking an increase of about 29.3%[30] - Non-current liabilities totaled ¥636,048,387.68, significantly higher than ¥132,872,036.98, indicating a substantial increase[30] - The company's total liabilities reached ¥3,766,917,772.25, up from ¥2,555,986,183.93, representing an increase of around 47.4%[30] - Shareholders' equity increased to ¥5,695,235,404.77 from ¥5,379,691,789.97, indicating a growth of about 5.8%[30] - Total liabilities amount to approximately $2.09 billion, with current liabilities at about $2.01 billion and non-current liabilities at approximately $81.71 million[74] - Total equity stands at approximately $4.67 billion, with paid-in capital of about $740.18 million and retained earnings of approximately $2.81 billion[74] Cash Flow - Cash flow from operating activities increased by 19.48% to ¥705,216,384.61 for the year-to-date period[9] - Cash and cash equivalents increased by 43.14% to ¥2,174,313,833.31 from ¥1,519,016,026.10 due to increased cash inflows from operating activities and investment in large deposits[16] - The company’s cash received from operating activities increased by 54.22% to ¥68,050,908.77 from ¥44,124,491.70, driven by increased compensation and government subsidies[18] - The total cash inflow from operating activities for Q3 2020 was CNY 5,835,773,629.18, an increase from CNY 5,106,704,732.56 in Q3 2019, representing a growth of approximately 14.3%[61] - The net cash flow from operating activities for Q3 2020 was CNY 602,367,227.43, compared to CNY 496,072,425.28 in Q3 2019, indicating an increase of about 21.4%[61] Investments and Expenses - Research and development expenses for Q3 2020 amounted to ¥152,670,760.72, an increase of 34.4% compared to ¥113,619,631.39 in Q3 2019[41] - Investment income fell by 30.19% to ¥44,282,901.44 from ¥63,430,695.27, primarily due to reduced investment in bank financial products and lower interest rates[18] - The company’s total assets impairment loss for the first three quarters of 2020 was reported at -39,444.67[44] - The investment income for Q3 2020 was ¥22,370,175.14, compared to ¥19,704,438.13 in Q3 2019, indicating a growth of 8.5%[41] - The company’s sales expenses for Q3 2020 were CNY 43,466,035.35, which is an increase of 23.2% compared to CNY 35,229,588.66 in Q3 2019[47] Shareholder Information - The total number of shareholders reached 29,861, with the largest shareholder holding 37.97% of shares[12] Company Developments - The company has not disclosed any significant new product developments or market expansion strategies in this report[15] - The company’s investment in new products includes the latest G3 series small-tonnage lithium battery forklifts, indicating a focus on innovation and market expansion[20] Compliance and Reporting - The company has not reported any adjustments related to the new revenue and leasing standards, indicating compliance with current accounting practices[76] - There are no significant changes in the audit report status, suggesting stability in financial reporting[76] - The company is located in Hefei, China, indicating its operational base and potential market focus[77]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 5,431,970,419.20, representing an increase of 8.34% compared to the same period last year[25]. - The net profit attributable to shareholders of the listed company was CNY 402,910,834.28, up 15.03% year-on-year[25]. - The net profit after deducting non-recurring gains and losses was CNY 372,099,275.86, reflecting a growth of 24.55% compared to the previous year[25]. - The net cash flow from operating activities reached CNY 305,172,523.96, which is an increase of 32.82% from the same period last year[25]. - Basic earnings per share for the first half of 2020 were CNY 0.54, up 14.89% year-on-year[26]. - The company reported a significant increase in overseas market sales, which are now primarily denominated in USD or local currencies, highlighting the impact of geopolitical factors and international trade frictions on currency fluctuations[61]. - The total comprehensive income for the first half of 2020 was CNY 457,245,612.64, compared to CNY 407,848,770.26 in the first half of 2019, reflecting an increase of 12.1%[130]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 8,958,699,863.56, a 12.89% increase compared to the end of the previous year[25]. - The net assets attributable to shareholders of the listed company were CNY 5,115,501,251.05, showing a growth of 2.90% from the previous year[25]. - Total liabilities increased, with accounts payable rising to ¥1,693,329,948.19, accounting for 18.90% of total assets, reflecting a 36.14% increase due to higher payable amounts[50]. - Total current assets increased to CNY 6,414,665,282.31 as of June 30, 2020, up from CNY 5,429,034,948.24 at the end of 2019, representing a growth of approximately 18.1%[115]. - Total liabilities reached CNY 3,474,068,741.65, up from CNY 2,555,986,183.93, indicating an increase of around 36%[118]. Research and Development - The company filed a total of 242 patents, including 40 invention patents, during the first half of the year[40]. - Research and development expenses for the first half of 2020 were CNY 180,727,079.51, down from CNY 207,651,980.88 in the same period of 2019, indicating a reduction of 13.0%[130]. - The company is focusing on high-quality development and technological innovation to navigate uncertainties in the external operating environment caused by the COVID-19 pandemic[59]. Market and Sales - The total sales volume in the industry was 337,200 units, with a year-on-year increase of 9.98%, including 261,200 units sold domestically, up 11.17%[36]. - The company’s domestic market sales increased by 20.27% year-on-year[41]. - The company’s export volume grew by 7.59% year-on-year despite challenges from trade protectionism and geopolitical uncertainties[41]. Environmental Responsibility - The company has established a management ledger and electronic transfer slips for hazardous waste, ensuring compliance with relevant regulations[86]. - The company reported a total wastewater discharge of 75,795.87 tons in the first half of 2020, with no exceedances of discharge standards[86]. - The company has invested in environmental protection facilities, including wastewater treatment plants and dust removal systems, ensuring compliance with discharge standards[93]. Corporate Governance - The company conducted its 2019 annual general meeting on April 29, 2020, with shareholders representing 38.88% of the total shares present, and all resolutions were passed[63]. - The company has renewed its external audit contract with Rongcheng Accounting Firm for the 2020 fiscal year[64]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. Community Engagement - The company donated CNY 1 million to support pandemic prevention efforts and coordinated the donation of protective materials overseas[42]. - The company has implemented a targeted poverty alleviation plan, focusing on developing specialty industries and improving education to support economic growth in the Yinliu community[81]. - The poverty incidence in the Yinliu community has decreased to 0.054% as of 2017, with the community's collective economic annual income increasing from less than 5,000 yuan to 245,900 yuan by the end of 2019[82]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period was 33,168[103]. - Anhui Forklift Group Co., Ltd. holds 37.97% of the shares, amounting to 281,026,535 shares[103]. - The company reported no significant accounting errors that required restatement during the reporting period[99]. Financial Management - The company has maintained a consistent capital structure with no changes in the paid-in capital of 740,180,802.00[150]. - The company’s retained earnings decreased by CNY 259,063,280.70, indicating a need for strategic financial management[157]. - The company’s financial report indicates a strong foundation for future growth and market expansion opportunities[163].

2020 年第一季度报告 公司代码：600761 公司简称：安徽合力 安徽合力股份有限公司 2020 年第一季度报告 1 / 24 2020 年第一季度报告 目 录 | --- | --- | |-------------------------------------------------------------------------------|-------| | | | | 一、 重要提示 .......................................................... 3 | | | 二、 公司基本情况 ...................................................... 3 | | | 三、 重要事项 .......................................................... 5 | | | 四、 附录 ............................................................. 8 | | 2 / 24 2020 年第一季度报告 ...

Financial Performance - The company achieved a total operating revenue of ¥10,130,234,608.77 in 2019, representing a 4.79% increase compared to ¥9,667,479,302.57 in 2018[5]. - The net profit attributable to shareholders of the listed company was ¥651,343,432.89, an increase of 11.79% from ¥582,641,354.26 in the previous year[25]. - The net cash flow from operating activities increased by 34.41% to ¥853,672,096.81, up from ¥635,143,665.30 in 2018[25]. - The company's total assets at the end of 2019 were ¥7,935,677,973.90, reflecting a 6.69% increase from ¥7,437,924,362.85 in 2018[25]. - Basic earnings per share for 2019 was CNY 0.88, an increase of 11.39% compared to CNY 0.79 in 2018[26]. - The weighted average return on equity rose to 13.63% in 2019, up by 1.38 percentage points from 12.25% in 2018[26]. - The company achieved an annual revenue of 10.13 billion yuan, with a net profit of 651 million yuan, representing a year-on-year increase of 4.79% and 11.79% respectively[56]. - Operating costs amounted to 7.97 billion yuan, up 3.49% compared to the previous year[63]. Cash Flow and Dividends - The company plans to distribute a cash dividend of ¥3.50 per 10 shares, totaling ¥259,063,280.70, with remaining undistributed profits carried forward to the next period[5]. - The company emphasizes the importance of cash flow and future funding needs in its profit distribution plan[5]. - The company has continuously distributed cash dividends for 19 years, with a total of 2.395 billion yuan distributed, accounting for 38.52% of cumulative net profit[62]. - The company’s cash dividend for 2019 was 3.50 RMB per 10 shares, amounting to a total of 259,063,280.70 RMB, which is 39.77% of the net profit attributable to ordinary shareholders[104]. Sales and Market Performance - The company sold 608,300 units of vehicles in 2019, a year-on-year increase of 1.87%, with domestic sales of 455,500 units up by 5.88%[39]. - The total sales volume exceeded 150,000 units, marking a year-on-year growth of 14.87%[57]. - The domestic market revenue reached 8.395 billion yuan, an increase of 5.27% year-on-year, while the international market revenue was 1.681 billion yuan, up 4.17% year-on-year[59]. Research and Development - The company is focusing on enhancing its research and development capabilities for key components and after-market services to drive future growth[36]. - The company launched 176 new products, including internal combustion, lithium battery, and AGV series, and conducted over 110 research projects on new technologies[57]. - Research and development expenses increased by 25.04% to 492 million yuan, representing 4.86% of operating revenue[75]. - The company’s total number of R&D personnel was 1,727, accounting for 23.07% of the total workforce[75]. Strategic Initiatives - The company plans to invest RMB 6,000 million in the Baoding New Energy Vehicle and Intelligent Upgrade Project[89]. - The company aims to achieve a sales revenue of approximately 11 billion RMB in 2020, with a target to control period expenses at around 1.4 billion RMB[96]. - The company will focus on enhancing its technological innovation capabilities and expanding its service-oriented manufacturing model to adapt to market demands[95]. - The company intends to accelerate the launch of new products in high-end internal combustion vehicles, new energy vehicles, and intelligent vehicles to meet market demand[99]. Environmental Responsibility - The company reported a total COD discharge of 1.4209 tons in 2019, with an average daily concentration of 45.9 mg/L[139]. - The company’s hazardous waste management includes signing contracts with qualified disposal companies and maintaining a hazardous waste management ledger[139]. - The company’s environmental protection measures comply with national standards, with no instances of exceeding discharge limits reported[139]. - The company has established an emergency response plan for environmental incidents, which has been filed with the Hefei Environmental Protection Bureau, registration number 340106-2017-012L[149]. Corporate Governance - The company has retained the accounting firm Rongcheng CPA for 22 years, with an audit fee of CNY 73[113]. - The audit committee reviewed the 2018 annual audit materials and found the financial foundation and internal control systems to be sound[183]. - The company has established a performance evaluation mechanism for senior management, which is further refined according to the evaluation results[188]. - The company has not reported any significant deficiencies in internal control during the reporting period[189]. Social Responsibility - The company has actively participated in poverty alleviation efforts, contributing resources to specific communities[131]. - In 2019, the company helped 276 registered impoverished individuals to escape poverty, with a poverty incidence rate reduced to 0.081%[135]. - The company provided vocational skills training to 11 individuals and assisted 40 registered impoverished households in achieving employment[135]. - The company invested 596,200 RMB in targeted poverty alleviation efforts and established a public welfare fund of 34,500 RMB[135].