重要内容提示： 郑州煤矿机械集团股份有限公司（以下简称"公司"）已于 2023 年 03 月 30 日发布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 04 月 10 日下午 14:00-15:00 举 行 2022 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 郑州煤矿机械集团股份有限公司 Zhengzhou Coal Mining Machinery Group Co., Ltd. 证券代码：601717 证券简称：郑煤机 公告编号：临 2023-022 郑州煤矿机械集团股份有限公司 关于召开 2022 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个别及连带责任。 本次投资者说明会以网络互动形式召开，公司将针对 2022 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通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点、方式 1 会议召开时间：2023 年 04 月 ...

Financial Performance - The proposed cash dividend for the 2022 fiscal year is CNY 0.56 per share, totaling CNY 998,057,743.20, which accounts for 39.32% of the net profit attributable to shareholders[4]. - The company achieved total operating revenue of RMB 32.04 billion in 2022, representing a year-on-year increase of 9.39%[28]. - The net profit attributable to shareholders reached RMB 2.54 billion, marking a 30.31% increase compared to the previous year[28]. - The net cash flow from operating activities was RMB 2.26 billion, a decrease of 23.65% from RMB 2.95 billion in 2021[19]. - The company's total assets increased by 20.88% to RMB 44.30 billion at the end of 2022, up from RMB 36.65 billion in 2021[19]. - The basic earnings per share rose to RMB 1.446, reflecting a growth of 29.80% from RMB 1.114 in 2021[20]. - The weighted average return on equity increased by 1.68 percentage points to 15.74% in 2022[20]. - The net assets attributable to shareholders grew by 20.36% to RMB 17.81 billion at the end of 2022[19]. - The company reported non-recurring gains of RMB 521.91 million in 2022, significantly higher than RMB 154.58 million in 2021[26]. Corporate Governance - The company has established a modern corporate governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[98]. - The board of directors comprises 6 non-independent directors, 1 employee director, and 4 independent directors, meeting legal requirements for composition[98]. - The supervisory board consists of 4 shareholder representatives and 3 employee representatives, fulfilling legal requirements for oversight[98]. - The company has committed to maintaining independence in personnel, assets, finance, organization, and business operations following the transfer of control to Hongyi Investment and Henan Assets[100]. - The company has not faced any significant differences in governance compared to regulatory requirements, ensuring compliance and transparency[99]. Strategic Initiatives - The company plans to continue its digital transformation and innovation to ensure stable growth in operating performance[28]. - The company has set a strategic goal of achieving 50 billion RMB in the next 5 years, focusing on high-quality development in the context of "dual carbon" initiatives[29]. - The establishment of a partnership mechanism aims to enhance capital strength and internal motivation, with a mixed ownership reform implemented in its subsidiary, Zhengzhou Coal Machine Hydraulic Electric Control Co., Ltd.[30]. - The company is exploring capital market opportunities to enhance investment value and expand its business scale[86]. - The company aims to enhance its market competitiveness and profitability by focusing on emerging sectors such as "new energy, high-tech equipment, and intelligent equipment" under the "dual carbon" initiative[91]. Environmental Responsibility - The company has implemented a solid waste management system with a centralized collection and disposal process, ensuring compliance with environmental regulations[161]. - The company has established specialized storage areas for hazardous waste, ensuring proper management and compliance with regulations[161]. - The company achieved 100% compliance in pollutant discharge from all pollution sources, with organized collection and treatment facilities in place[162]. - The company has reported zero instances of exceeding pollutant discharge standards, ensuring all emissions are compliant with environmental regulations[154]. - The company has been recognized as an "environmental integrity enterprise" by the environmental authorities, reflecting its commitment to environmental protection[169]. Market Expansion - The company recorded a 34% year-on-year increase in export revenue, reaching 590 million RMB, despite a decline in domestic commercial vehicle sales[35]. - The new energy business saw a revenue increase of approximately 130%, reaching about 190 million RMB, driven by the expansion into the electric vehicle parts market[35]. - The company is expanding its market presence, targeting new regions in Asia and Europe, with plans to increase market share by 10% in these areas[109]. - The company aims to expand its market presence in Southeast Asia, targeting a 20% market share by the end of 2024[110]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 200 million for new technologies and product development[108]. - Research and development expenses totaled ¥1,457,402,749.18, accounting for 4.55% of total revenue[61]. - The company is exploring partnerships with technology firms to leverage AI and machine learning in its operations, aiming for a 15% efficiency improvement by 2024[113]. - The company has established a comprehensive environmental management system certified by ISO14001, promoting green development and resource conservation[186]. Employee Relations - The total number of employees in the company and its main subsidiaries is 15,518, with 2,220 in the parent company and 13,298 in subsidiaries[131]. - The company has established a diversified compensation mechanism to motivate various personnel, including an annual salary system for middle and senior management[132]. - The company has a complete training system to support employee development, integrating training with assessment and compensation[134]. - The company has engaged in partnerships with several vocational schools to enhance employment opportunities for students through practical training[192]. Risk Management - The company faces risks from economic policy changes, market downturns, and increased competition in both coal machinery and automotive parts sectors, which could impact growth[95]. - To mitigate risks, the company plans to enhance R&D efforts, optimize production processes, and strengthen its global management system to ensure financial safety and efficiency[96]. - The company has established a risk compliance management system covering its subsidiaries, conducting regular internal audits to ensure compliance[149]. Social Responsibility - The company made a total donation of 72,000 RMB (approximately 10,000 USD) for community service activities, including support for elderly care[194]. - The company has committed to various social responsibility initiatives, including educational support and community service, reflecting its dedication to corporate social responsibility[191]. - The company organized a tree-planting event in March 2022, with participation from over 70 employees, to promote environmental awareness[194].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 8,091,657,739.95, representing a 5.41% increase compared to CNY 7,676,725,085.99 in the same period last year[4] - Net profit attributable to shareholders was CNY 681,747,340.35, a 22.55% increase from CNY 556,310,975.22 year-on-year[4] - The company reported a 20.24% increase in net profit after deducting non-recurring gains and losses, reaching CNY 568,195,700.96[4] - Net profit for Q1 2022 increased by CNY 106.18 million, a growth of 17.56%, mainly attributed to the growth in the coal machinery segment[11] - The net profit attributable to the parent company increased by CNY 125.44 million, a growth of 22.55%, driven by the coal machinery segment's performance[11] - The net profit for Q1 2022 was approximately ¥710.83 million, an increase of 17.5% compared to ¥604.65 million in Q1 2021[22] - The total comprehensive income for Q1 2022 reached ¥735.37 million, up from ¥620.62 million in Q1 2021, reflecting a growth of 18.4%[22] - The basic earnings per share for Q1 2022 was ¥0.390, compared to ¥0.321 in Q1 2021, representing a 21.5% increase[22] Cash Flow - The net cash flow from operating activities increased by 47.00% to CNY 312,070,297.46, up from CNY 212,287,831.42 in the previous year[4] - Cash flow from operating activities for Q1 2022 was ¥312.07 million, an increase of 47.0% from ¥212.29 million in Q1 2021[23] - Cash inflow from investment activities in Q1 2022 was ¥2.48 billion, significantly higher than ¥1.49 billion in Q1 2021, marking a growth of 66.6%[24] - The net cash flow from financing activities in Q1 2022 was -¥612.22 million, a decrease compared to a positive cash flow of ¥876.24 million in Q1 2021[24] - The company reported a net increase in cash flow from operating activities of ¥312.07 million, indicating improved operational efficiency[23] - Cash inflow from operating activities for Q1 2022 was approximately $2.14 billion, a slight decrease of 3.15% compared to $2.21 billion in Q1 2021[30] - Net cash flow from operating activities increased to approximately $209 million, up 90.1% from $110 million in the same period last year[30] - Cash inflow from investment activities rose sharply to approximately $2.38 billion, compared to $1.17 billion in Q1 2021, marking a 103.6% increase[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 37,076,721,529.83, a 1.17% increase from CNY 36,648,006,158.09 at the end of the previous year[5] - The total assets as of the end of Q1 2022 were ¥37,076,721,529.83, compared to ¥36,648,006,158.09 at the end of Q1 2021, showing a growth of 1.2%[19] - Total liabilities for Q1 2022 were ¥20,749,802,153.81, a slight decrease from ¥20,997,028,518.56 in Q1 2021, representing a decline of 1.2%[19] - The company's total liabilities amounted to ¥11,610,030,405.80, which is an increase of 4.3% from ¥11,135,683,149.38 in the previous year[27] Research and Development - Research and development expenses for the coal machinery segment increased by 54.33% to CNY 20,634.30 million compared to CNY 13,370.25 million in the previous year[9] - R&D expenses for Q1 2022 increased by CNY 83.42 million, a growth of 25.64%, primarily due to increased investment in the coal machinery segment[10] - Research and development expenses in Q1 2022 were ¥408,748,005.74, which is a significant increase of 25.6% from ¥325,329,944.16 in Q1 2021[21] - Research and development expenses increased to ¥142,185,786.73 in Q1 2022, compared to ¥84,553,302.44 in Q1 2021, reflecting a growth of 68.1%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,226[12] - The company's cash and cash equivalents as of March 31, 2022, were CNY 3.50 billion, down from CNY 3.70 billion at the end of 2021[16] - The company's total current assets as of March 31, 2022, were approximately ¥2.30 billion, slightly down from ¥2.33 billion at the end of 2021[25] Investment Income - The company recorded non-recurring gains totaling CNY 113,551,639.39 after tax, with significant contributions from government subsidies and other income[6] - Investment income for Q1 2022 decreased by CNY 28.06 million, a decline of 49.43%, primarily due to reduced returns from financial products[11] - The company reported investment income of ¥162,018,732.49 in Q1 2022, significantly higher than ¥51,706,275.41 in Q1 2021, marking an increase of 213.5%[29] Operational Efficiency - The weighted average return on equity rose to 4.50%, an increase of 0.31 percentage points from 4.19% in the previous year[4] - The automotive parts segment's revenue decreased by 11.71% to CNY 412,783.03 million from CNY 467,511.60 million year-on-year[9] - Cash outflow for purchasing goods and services decreased significantly to approximately $1.04 billion, down 37.9% from $1.68 billion in Q1 2021[30] - Cash paid to employees increased significantly to approximately $624 million, compared to $126 million in the same period last year[30]

Financial Performance - The profit distribution plan for 2021 proposes a cash dividend of RMB 4.35 per 10 shares, totaling RMB 774,079,746.45, which accounts for 39.74% of the net profit attributable to shareholders[4]. - The company's operating revenue for 2020 was CNY 26,508,663,494.61, representing a year-on-year increase of 10.43% compared to CNY 25,721,227,169.72 in 2019[18]. - The net profit attributable to shareholders for 2020 was CNY 1,239,149,510.63, a significant increase of 57.19% from CNY 1,040,253,246.73 in 2019[18]. - The net cash flow from operating activities for 2021 was CNY 2,955,260,115.30, up 22.52% from CNY 2,411,971,480.23 in 2020[20]. - The total assets at the end of 2021 were CNY 36,648,006,158.09, an increase of 8.70% from CNY 33,714,415,299.94 at the end of 2020[20]. - The basic earnings per share for 2021 was CNY 1.114, reflecting a 55.80% increase from CNY 0.715 in 2020[21]. - The weighted average return on equity for 2021 was 14.06%, an increase of 4.27 percentage points compared to 9.79% in 2020[21]. - The company achieved total operating revenue of 29.294 billion yuan, a year-on-year increase of 10.46%[28]. - The net profit attributable to shareholders reached 1.948 billion yuan, representing a year-on-year growth of 57.19%[28]. - The company reported a net profit of 2,107,800,000, indicating strong financial performance[109]. - The company reported a significant increase in revenue, achieving a total of 10 billion RMB, representing a year-over-year growth of 15%[111]. Shareholder and Governance - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[5]. - The company completed the transfer of 16% of its shares to Hongyi Investment, enhancing its shareholder structure and governance[29]. - Hongyi Investment and Henan Assets committed to maintaining the independence of the listed company in terms of personnel, assets, finance, and operations[103]. - The company emphasizes transparency and timely information disclosure to protect the rights of minority shareholders[103]. - The company has established an independent financial department and accounting system to ensure financial independence[103]. - The company has a complete and independent organizational structure to support its governance[104]. - The company has committed to minimizing related party transactions with its controlling shareholders[104]. - The company has established a dedicated team for investor relations to ensure effective communication with investors[103]. - The company has implemented a comprehensive governance structure in compliance with legal regulations to ensure transparency and protect shareholder rights[102]. Risk Management and Compliance - The company has undergone a change in its controlling shareholder and actual controller during the reporting period[7]. - The company has disclosed potential risks in its future development, which can be found in the management discussion and analysis section[6]. - The company emphasizes that forward-looking statements regarding its business plans and strategies do not constitute substantive commitments to investors[5]. - The company is committed to enhancing emergency management capabilities and establishing a robust risk management system to support sustainable development[98]. - The company faces risks from economic policy changes affecting its coal machinery and automotive parts businesses due to carbon neutrality policies[99]. - The company has established a risk compliance management system for subsidiaries, conducting regular internal audits to ensure adherence to regulations[151]. - The company has implemented a differentiated authorization system for subsidiary management, ensuring that matters exceeding approval limits require higher-level approval[151]. Environmental and Social Responsibility - The company has committed to the national "3060" carbon neutrality goal, reducing natural gas consumption by approximately 30% through process optimization[173]. - The company donated RMB 1 million for post-disaster reconstruction following severe flooding in Zhengzhou, demonstrating its commitment to social responsibility[175]. - The company has established a comprehensive environmental management system certified by ISO14001, promoting sustainable practices across all business segments[172]. - The company achieved 100% compliance in pollutant discharge, with no exceedances reported for wastewater and air emissions[160]. - The company has implemented a comprehensive waste management system, ensuring that all waste is treated and disposed of in accordance with regulations[160]. - The company has been proactive in environmental impact assessments for new construction projects, obtaining necessary permits and certifications in a timely manner[167]. Research and Development - The company invested 112 million yuan in North Road Intelligent Control, acquiring an 8% stake to enhance its smart mining technology capabilities[41]. - The company invested CNY 1,433.43 million in R&D, which is a 19.10% increase from the previous year[55]. - The company has established five independent R&D centers focused on specialized technology development in the automotive parts sector[48]. - The company is committed to increasing R&D investment and technological innovation to develop new products and mitigate raw material price fluctuations[101]. - The automotive parts segment is undergoing a transformation towards electrification, with a focus on maintaining core business growth and expanding into new energy vehicle components[89]. Market and Business Strategy - The company set a new development goal of "500 billion in 5 years" and outlined strategic plans for each business segment over the next 5-10 years[31]. - The company is exploring new business opportunities in emerging fields such as new energy and high-tech equipment, aligning with the dual carbon goals[90]. - The company is actively pursuing capital market strategies to enhance investment value and expand its business scale[91]. - The company is considering strategic acquisitions to enhance its market position, targeting companies with a combined revenue of 500 million[112]. - The company is exploring partnerships with local firms to strengthen its supply chain and distribution networks[111]. Employee and Management Structure - The company has established a comprehensive training system to support employee development, integrating training with assessment and compensation[135]. - The company has implemented a diverse compensation mechanism for different employee categories, including performance-based pay for sales personnel and project-based pay for technical staff[134]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 21.078 million yuan[120]. - The company has expanded its management team with experienced professionals from various sectors[117]. - The company’s management team is evaluated based on the completion of annual operational objectives to promote sustainable development[148]. Audit and Financial Reporting - The company received a standard unqualified audit report from Lixin Certified Public Accountants[3]. - The company appointed Lixin Certified Public Accountants (Special General Partnership) for domestic auditing with a fee of RMB 2,470,000 and PwC for overseas auditing with a fee of RMB 3,650,000 for the 2021 fiscal year[189]. - The company has not reported any major accounting errors during the fiscal year[188]. - The company has maintained a good integrity status, with no significant debts overdue or unfulfilled legal obligations[193]. - The company has made changes to accounting policies, including the implementation of the "Interpretation No. 14 of the Accounting Standards for Enterprises" and adjustments related to COVID-19 rent concessions[187].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 6,904,948,736.66, a decrease of 0.45% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2021 was CNY 374,989,195.42, an increase of 381.18% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 367,025,558.65, a decrease of 33.54% compared to the same period last year[4]. - Basic earnings per share for Q3 2021 was CNY 0.211, an increase of 368.89% year-on-year[4]. - Total operating revenue for the first three quarters of 2021 increased by 273,580.73 million RMB, a growth of 14.21% compared to the same period last year[12]. - Net profit for the first three quarters of 2021 increased by 37,434.2 million RMB, representing a growth of 28.41% compared to the previous year[13]. - The net profit attributable to the parent company's shareholders rose by 36,410.23 million RMB, a 30.01% increase, mainly driven by the automotive parts segment's performance[13]. - Operating profit for the first three quarters of 2021 was CNY 2.18 billion, an increase of 22.1% from CNY 1.78 billion in the same period of 2020[27]. - Total profit for the first three quarters of 2021 was CNY 2.17 billion, compared to CNY 1.78 billion in the same period of 2020, marking a 21.7% increase[27]. Assets and Liabilities - Total assets as of September 30, 2021, were CNY 35,820,312,371.14, an increase of 6.25% from the end of the previous year[6]. - The company's total current assets amounted to CNY 24,185,999,896.03, up from CNY 22,502,225,146.61, indicating an increase of about 7.48%[21]. - The company's total liabilities increased to CNY 20,651,325,476.71 from CNY 19,680,584,693.29, marking a growth of approximately 4.92%[24]. - The company's equity attributable to shareholders rose to CNY 14,313,667,218.08 from CNY 13,063,794,901.37, an increase of approximately 9.57%[24]. - The company reported a total inventory of CNY 5,676,093,152.60, up from CNY 4,532,456,338.28, indicating an increase of about 25.2%[21]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 782,542,096.02, a decrease of 4.53% compared to the same period last year[11]. - Total cash inflow from operating activities was CNY 21.54 billion, compared to CNY 17.78 billion in the same period of 2020, reflecting a growth of 21.5%[29]. - Cash outflow from investment activities totaled $6.28 billion, an increase from $5.07 billion in the previous year[31]. - Net cash flow from investment activities was -$1.13 billion, improving from -$1.41 billion year-over-year[31]. - Cash inflow from financing activities reached $2.93 billion, up from $1.65 billion in the same quarter last year[31]. - The net increase in cash and cash equivalents was -$0.69 billion, worsening from -$0.37 billion year-over-year[31]. Segment Performance - The coal machinery segment's operating revenue rose by 88,744.04 million RMB, a 10.25% increase, driven by the coal industry's strong performance and the company's strategic focus on complete and intelligent products[12]. - The automotive parts segment's revenue increased by 184,836.69 million RMB, a growth of 17.44%, with significant contributions from commercial vehicle and passenger vehicle businesses[13]. - The coal machinery segment's net profit decreased by 31,858.26 million RMB, a decline of 15.66%, impacted by rising raw material costs and intensified competition[13]. Shareholder Information - The company reported a total of 45,176 common shareholders at the end of the reporting period[14]. - The top ten shareholders collectively hold 19.52% of the company's shares, with the largest shareholder being Hongyi Investment Management (Henan) Partnership, holding 15.62%[17]. - The number of A-share registered shareholders totaled 45,117, while H-share registered shareholders numbered 59, bringing the total to 45,176 shareholders[1]. Research and Development - Research and development expenses increased to CNY 1.04 billion, representing a 30.5% rise compared to CNY 797.74 million in the previous year[26].

Financial Performance - The company's operating revenue for the first half of the year reached ¥15,070,924,787.76, representing a 22.41% increase compared to ¥12,311,948,431.69 in the same period last year[16]. - Net profit attributable to shareholders was ¥1,202,211,527.26, up 5.91% from ¥1,135,167,636.34 year-on-year[16]. - The net cash flow from operating activities increased significantly by 281.54%, reaching ¥219,876,592.09 compared to ¥57,628,575.20 in the previous year[17]. - Basic earnings per share rose to ¥0.694, a 5.95% increase from ¥0.655 in the same period last year[18]. - The company's total assets increased by 2.72% to ¥34,630,407,646.26 from ¥33,714,415,299.94 at the end of the previous year[17]. - The company achieved total revenue of 15.081 billion yuan, a year-on-year increase of 22.45%[30]. - Net profit reached 1.286 billion yuan, reflecting a year-on-year growth of 6.69%[30]. - The coal machinery segment saw a significant increase in orders, driven by high coal prices and rising demand for intelligent equipment[33]. - The automotive parts segment reported record revenue and profit, with new energy business sales reaching 30 million yuan in the first half of 2021[34]. Risk Management - The company has detailed potential risk factors in the report, emphasizing the importance of investor awareness regarding investment risks[6]. - The company is facing risks related to economic policy changes, particularly in the coal and automotive sectors, which may impact market conditions[57]. - The company plans to strengthen its emergency management capabilities and improve risk management systems in response to recent extreme weather events and the COVID-19 pandemic[38]. - The company aims to optimize production costs to minimize the impact of raw material price fluctuations on profitability[57]. Governance and Compliance - The financial report for the first half of 2021 has not been audited, ensuring transparency in financial disclosures[4]. - The report indicates that all board members attended the board meeting, ensuring collective responsibility for the report's accuracy[4]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[5]. - The company is committed to maintaining transparency and compliance with regulatory requirements in its governance practices[59]. - The company has established commitments to regulate related party transactions, ensuring fairness and compliance with market principles[82]. - The company has implemented a stock incentive plan for 2021, which was approved during the shareholders' meetings[60]. Environmental Responsibility - The company has established a comprehensive treatment station for industrial and domestic wastewater with a designed daily treatment capacity of 600 tons, which has been operating well since its establishment[73]. - The company is listed as a key pollutant discharge unit in Zhengzhou for 2021, with specific emissions monitored and reported[71]. - The company has implemented a self-monitoring plan for environmental protection, with third-party testing confirming that all monitored data meets relevant standards[76]. - The company actively participates in national energy conservation and emission reduction initiatives, integrating environmental protection into its sustainable development strategy[78]. Research and Development - The company has developed an industrial internet platform that allows coal mining customers to remotely monitor equipment and production data, enhancing operational efficiency[23]. - The company operates five independent R&D centers focused on automotive parts, emphasizing technology development in niche markets[26]. - Research and development expenses increased by 31.41% to CNY 68,225.81 million, highlighting the company's commitment to innovation and technology advancement[41]. - The company is actively developing new products and technologies, focusing on the transition to new energy drive motors[34]. Shareholder Information - The company reported no profit distribution or capital reserve transfer to shareholders for the first half of 2021[4]. - The company did not distribute dividends or issue bonus shares for the reporting period[63]. - The company granted 42.3 million A-shares of restricted stock to 186 incentive objects under the 2021 restricted stock incentive plan[66]. - The total expenses to be amortized for the 2021 restricted stock incentive plan amount to 21,234.60 million yuan[68]. Market Trends - In the first half of 2021, China's coal consumption reached approximately 2.1 billion tons, a year-on-year increase of 10.7%[24]. - The coal production from large-scale enterprises was 1.95 billion tons, reflecting a year-on-year growth of 6.4%[24]. - In the automotive parts sector, China's vehicle production and sales in the first half of 2021 were 12.57 million and 12.89 million units, respectively, marking increases of 24.2% and 25.6% year-on-year[26]. - The global automotive market is experiencing structural changes, with significant growth potential in emerging markets like China and India[26]. Financial Position - The company's total share capital consists of 1,489,237,170 RMB ordinary shares and 243,234,200 overseas listed foreign shares[98]. - The company's total assets as of June 30, 2021, were CNY 13,853,120,130.16, showcasing a robust asset base for future operations[133]. - The total liabilities increased slightly to CNY 19.78 billion from CNY 19.68 billion, a growth of approximately 0.51%[118]. - The company's equity attributable to shareholders rose to CNY 13.85 billion from CNY 13.06 billion, an increase of about 6.03%[118].

Group 1: Event Details - Zhengzhou Coal Mining Machinery Group will participate in the "Sincere Communication, Delivering Value" online investor reception day on June 8, 2021 [1] - The event will be held from 16:00 to 17:20 and will be conducted remotely [1] - Investors can join the event via the "Panorama Roadshow" platform [1] Group 2: Attendees - The attendees include Mr. Jia Hao (General Manager), Mr. Zhang Haibin (Board Secretary), and Mr. Zhang Yichen (Head of Strategic Development Department) [1] - Attendance may be adjusted due to special circumstances [1] Group 3: Company Assurance - The Board of Directors guarantees that the announcement contains no false records, misleading statements, or major omissions [1] - The Board takes individual and joint responsibility for the truthfulness, accuracy, and completeness of the content [1]

Financial Performance - Operating revenue rose by 29.21% to CNY 7.68 billion year-on-year[4] - Net profit attributable to shareholders increased by 38.42% to CNY 556.31 million compared to the same period last year[4] - Basic earnings per share increased by 38.36% to CNY 0.321 per share[4] - The net profit for the first quarter was RMB 60,464.94 million, representing a 43.14% increase from the previous year[14] - Total operating revenue for Q1 2021 reached ¥7,680,408,923.24, a 29.2% increase from ¥5,942,574,553.80 in Q1 2020[25] - Net profit for Q1 2021 was ¥604,649,352.84, up 43.1% from ¥422,432,315.73 in Q1 2020[26] - The company reported a total comprehensive income of ¥620,617,750.34 for Q1 2021, up from ¥308,335,780.90 in Q1 2020[26] Asset and Liability Changes - Total assets increased by 5.58% to CNY 35.60 billion compared to the end of the previous year[4] - The company has seen a significant increase in its net assets attributable to shareholders, which rose by 3.64% to CNY 13.54 billion[4] - The company's total assets amounted to approximately CNY 35.60 billion, an increase from CNY 33.71 billion at the end of 2020, reflecting a growth of about 5.57%[18] - Total liabilities increased to ¥21,038,437,106.02 from ¥19,680,584,693.29, representing a growth of approximately 6.9% year-over-year[19] - Total current liabilities decreased to CNY 13.22 billion from CNY 13.64 billion, a reduction of about 3.09%[18] Cash Flow and Investments - Net cash flow from operating activities reached CNY 212.29 million, a significant improvement from a negative cash flow of CNY 19.57 million in the previous year[4] - Cash flow from operating activities generated ¥212,287,831.42, a significant improvement compared to a negative cash flow of ¥19,571,088.73 in the same quarter last year[29] - Total cash inflow from investment activities was ¥1,489,430,972.63, up from ¥831,062,002.73 in Q1 2020, marking an increase of about 79%[30] - Cash outflow for investment activities rose to ¥2,628,082,115.13 from ¥1,628,800,017.77, resulting in a net cash flow from investment activities of -¥1,138,651,142.50[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,996, with the top ten shareholders holding a combined 19.99% of the shares[8] - The company transferred 277,195,419 A-shares, representing 16.00% of total shares, from its former controlling shareholder to Hongyi Investment, resulting in Hongyi Investment and its affiliate holding a combined 19.99% of shares, making them the new controlling shareholders[15] Expenses and Costs - Management expenses rose to RMB 31,761.42 million, a 34.42% increase year-over-year, primarily due to higher incentive bonuses[14] - Financial expenses increased by 45.40% to RMB 6,461.49 million, mainly due to higher bank loan interest payments[14] - Research and development expenses increased to ¥325,329,944.16, representing a 22.9% rise compared to ¥264,458,806.15 in Q1 2020[25] - Total operating costs for Q1 2021 were ¥6,896,761,566.84, up 30.8% from ¥5,271,587,523.79 in Q1 2020[25] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[4] - The company expects continued growth in both segments, driven by market recovery and increased demand for products[12] - The company plans to implement a restricted stock incentive plan, granting 42.3 million shares to 186 individuals, including directors and core personnel, to enhance governance and management responsibility[15]

Financial Performance - The company's operating revenue for 2020 was CNY 26,508,663,494.61, representing a 3.06% increase compared to CNY 25,721,227,169.72 in 2019[15]. - The net profit attributable to shareholders for 2020 was CNY 1,239,149,510.63, which is a 19.12% increase from CNY 1,040,253,246.73 in 2019[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,697,776,271.10, showing a significant increase of 107.04% compared to CNY 820,027,184.50 in 2019[15]. - Basic earnings per share increased by 19.17% to CNY 0.715 in 2020 compared to CNY 0.60 in 2019[18]. - The net profit attributable to shareholders for Q4 2020 was CNY 26,051,093.45, a significant decrease from CNY 401,914,619.43 in Q1 2020[20]. - The weighted average return on equity rose to 9.79% in 2020, up by 1.01 percentage points from 8.78% in 2019[18]. - The net profit after deducting non-recurring gains and losses for Q4 2020 was CNY 74,604,606.21, showing high volatility due to goodwill impairment provisions of CNY 165 million[21]. - Total operating income for Q4 2020 reached CNY 7,260,691,962.10, marking a steady increase from previous quarters[20]. - The company achieved total revenue of 26.52 billion RMB in 2020, representing a year-on-year growth of 3.06%[47]. - Net profit attributable to the parent company reached 1.24 billion RMB, an increase of 19.12% compared to the previous year[47]. - The coal machinery segment reported a revenue of 1.15 billion RMB, up 20.35% from 2019, while the automotive parts segment saw a decline of 7.08% to 1.50 billion RMB[50]. Cash Flow and Assets - The net cash flow from operating activities for 2020 was CNY 2,411,971,480.23, a decrease of 15.44% from CNY 2,852,217,599.45 in 2019[15]. - The total assets at the end of 2020 were CNY 33,714,415,299.94, which is a 13.47% increase from CNY 29,712,598,520.15 at the end of 2019[17]. - The net assets attributable to shareholders at the end of 2020 were CNY 13,063,794,901.37, reflecting a 6.73% increase from CNY 12,239,731,257.55 at the end of 2019[17]. - The cash flow from investment activities showed a positive change, amounting to 4,158,105,181.11 CNY, compared to a negative cash flow in the previous year[61]. - The total liabilities increased to CNY 19.68 billion in 2020, compared to CNY 16.57 billion in 2019, which is an increase of approximately 12.7%[181]. - The company's long-term borrowings and bonds payable increased to CNY 3.63 billion in 2020, compared to CNY 2.31 billion in 2019, representing a growth of approximately 57.1%[181]. Dividends and Shareholder Returns - The proposed cash dividend for 2020 is CNY 2.15 per 10 shares, totaling CNY 372,481,344.55, which accounts for 30.06% of the net profit attributable to shareholders[3]. - The company is committed to ensuring that its cash dividend policy aligns with its profitability and shareholder interests, with a minimum distribution of 30% of the average distributable profit over the last three years[86]. - In 2019, the cash dividend was RMB 1.85 per 10 shares, amounting to RMB 320,507,203.45, representing 30.81% of the net profit attributable to shareholders[87]. Research and Development - Research and development expenses increased by 21.09% to 1.20 billion RMB, reflecting the company's commitment to innovation[49]. - The company has established five independent R&D centers for its automotive parts business, focusing on technology development in specific segments[28]. - The company is actively enhancing its R&D capabilities and increasing investment in technology innovation to develop new products and improve operational efficiency[84]. Market Position and Strategy - The company has a leading market share in hydraulic supports, with a sales network covering all major coal-producing regions in China and successful expansion into international markets such as the USA, Australia, and India[30]. - The company has achieved a leading position in the market for intelligent coal mining control systems, with significant investments in automation and smart technology[30]. - The company plans to enhance its market presence by focusing on high-end projects and expanding into the aftermarket sector[41]. - The company aims to strengthen its core technologies and maintain a leading position in the new emission standards upgrade[45]. - The company is committed to internationalization, optimizing resource allocation globally, and enhancing its operational management standards[75]. Risk Management - The company has detailed risk factors in the report, indicating awareness of potential challenges ahead[5]. - Economic policy risks may impact the coal machinery business due to changes in national coal industry planning and environmental protection policies[82]. - The company faces risks from market downturns and intensified competition, particularly in the coal sector, due to macroeconomic pressures and fluctuating oil prices[82]. - The company will strengthen its risk management framework, ensuring compliance and asset safety through enhanced internal controls and audit functions[81]. Corporate Governance - The company has a complete governance structure in compliance with the Company Law and relevant regulations, ensuring clear responsibilities among shareholders, the board, and management[161]. - The company held its annual general meeting on June 15, 2020, to review and approve various proposals[162]. - The independent directors did not raise any objections regarding company matters during the reporting period[166]. - The company has established a performance evaluation mechanism for senior management, which includes a base salary and performance-based salary[167]. Social Responsibility - The company donated 2 million RMB for pandemic prevention efforts and contributed medical supplies to various countries, demonstrating its commitment to social responsibility[46]. - The company has a plan to continue improving its poverty alleviation efforts and optimize its support mechanisms[115]. - The company invested over 10 million RMB in building a comprehensive wastewater treatment facility with a daily capacity of 600 tons[119]. Environmental Compliance - The company has obtained an environmental impact assessment and pollution discharge permit, ensuring that pollutants are discharged within the standards during the reporting period[121]. - The company has established an emergency response plan for environmental pollution incidents, which has been filed with local government and includes detailed analysis of potential hazards[122]. - The company strictly monitors pollution control facilities and has implemented a self-monitoring plan that complies with local environmental regulations, with all monitoring data meeting the required standards[123].