焦承堯 （在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 碼：00564） 中 國，鄭 州，2023年8月16日 董事會召開日期 於 本 公 告 日 期，本 公 司 執 行 董 事 為 焦 承 堯 先 生、賈 浩 先 生、付 祖 岡 先 生 及 王 新 瑩先生；非執行董事為崔凱先生；而獨立非執行董事為程驚雷先生、季豐先生、 郭 文 氫 女 士 及 方 遠 先 生。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 鄭州煤礦機械集團股份有限公司（「本公司」）董事會（「董事會」）謹 此 公 佈，董 事 會 會議將於2023年8月28日（星 期 一）在中華人民共和國（「中 國」）河南自貿試驗區鄭 州片區（經 開）第九大街167號 鄭 州 煤 礦 機 械 集 團 股 份 有 限 公 司 會 議 中 心 舉 行， 藉 以（其 中 包 括）考慮及批准本公司及其附屬公 ...

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 2023-050 郑州煤矿机械集团股份有限公司 关于非独立董事辞职的公告 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。 郑州煤矿机械集团股份有限公司（以下简称"公司"）董事会于 2023 年 8 月 10 日收到公司非独立董事费广胜先生提交的辞职报告，费广胜先生因需要投 入更多时间处理其他事务，申请辞去公司第五届董事会非独立董事职务及公司 董事会战略与可持续发展委员会委员职务，辞职后不在公司担任任何职务。 费广胜先生的辞职不会导致公司董事会人数低于法定最低人数要求，不会 影响公司董事会的正常运作。费广胜先生的辞职自辞职报告送达公司董事会之 日起生效。 费广胜先生已确认与公司董事会并无任何意见分歧，且并无任何需通知公 司股东或债权人的事项。 公司及董事会对费广胜先生在担任董事期间为公司及董事会做出的贡献表 示衷心感谢！ 特此公告。 郑州煤矿机械集团 ...

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 2023-029 郑州煤矿机械集团股份有限公司 关于参加河南辖区上市公司 2023 年投资者网上集体接待日 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法律责任。 为进一步加强与投资者的互动交流，郑州煤矿机械集团股份有限公司定于 2023 年 5 月 18 日（星期四）16:00-17:20 参加在全景网举办的"真诚沟通 传递 价值"河南辖区上市公司 2023 年投资者网上集体接待日活动，本次活动将采用 网络远程的方式举行，投资者可登录"全景·路演天下"(http://rs.p5w.net) 参与本次互动交流。 出席本次网上集体接待日活动的人员有：公司董事会秘书张海斌、证券事务 代表习志朋（如有特殊情况，参会人员将可能进行调整），公司将围绕 2022 年年 度报告及 2023 年第一季度报告、公司治理、发展战略等投资者所关心的问题和 投资者远程 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 9,210,943,721, representing a 13.83% increase compared to CNY 8,091,657,739.95 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2023 was CNY 783,069,945.71, up 14.86% from CNY 681,747,340.35 in Q1 2022[4]. - The net profit after deducting non-recurring gains and losses was CNY 658,875,020.44, reflecting a 15.96% increase from CNY 568,195,700.96 year-over-year[4]. - In Q1 2023, the total revenue increased by 111,958.25 million RMB, a growth of 13.83% compared to the same period last year[10]. - The net profit for Q1 2023 increased by 15,521.49 million RMB, a 21.84% rise year-over-year, largely attributed to the growth in the coal machinery segment[10]. - The net profit attributable to the parent company increased by 10,132.26 million RMB, reflecting a 14.86% increase, driven by the coal machinery segment's performance[10]. - The company recorded a net profit of CNY 86,604.79 million for the total business segments, which is a 21.84% increase compared to CNY 71,083.30 million in Q1 2022[9]. - The net profit for Q1 2023 was approximately ¥866.05 million, an increase of 21.8% compared to ¥710.83 million in Q1 2022[20]. Assets and Liabilities - The company's total assets at the end of Q1 2023 were CNY 46,227,262,763.40, a 4.35% increase from CNY 44,301,175,578.57 at the end of the previous year[5]. - Total assets as of Q1 2023 amounted to ¥46,227,262,763.40, compared to ¥44,301,175,578.57 in Q1 2022, indicating a growth of 4.3%[18]. - Total liabilities increased to ¥26,661,233,784.30 in Q1 2023 from ¥25,662,894,369.86 in Q1 2022, representing a rise of 3.9%[17]. - The company reported a total equity of ¥19,566,028,979.10 in Q1 2023, compared to ¥18,638,281,208.71 in Q1 2022, showing an increase of 5%[18]. - The total equity increased to ¥18,596,389,422.80 in Q1 2023, compared to ¥18,095,415,335.05 in Q1 2022, reflecting a growth of 2.8%[25]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 422,138,838.11, a significant decline compared to a net inflow of CNY 312,070,297.46 in Q1 2022, marking a change of -235.27%[4]. - Cash inflow from operating activities for Q1 2023 was approximately $4.25 billion, a significant increase from $2.14 billion in Q1 2022, representing a growth of 98%[29]. - Net cash flow from operating activities was $258.83 million, compared to $209.01 million in the same period last year, showing an increase of 23.7%[29]. - Cash inflow from financing activities was approximately $1.72 billion, with a net cash flow of $586.07 million, compared to a negative cash flow of -$502.08 million in Q1 2022[29]. - The ending cash and cash equivalents balance increased to approximately $2.29 billion, up from $1.51 billion at the end of Q1 2022, reflecting a growth of 52.1%[30]. Segment Performance - The coal machinery segment reported an operating income of CNY 479,197.31 million, a 20.74% increase from CNY 396,896.55 million in the previous year[9]. - The coal machinery segment's revenue rose by 82,300.76 million RMB, a 20.74% increase year-over-year, driven by sustained demand in the coal industry[10]. - Investment income in Q1 2023 increased by 2,307.36 million RMB, marking an 80.39% growth, primarily due to higher returns from financial products in the coal machinery segment[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 33,237, with the top ten shareholders holding a combined 56.67% of the shares[11]. - The largest shareholder, Hongyi Investment Management (Henan) Partnership, holds 277,195,419 shares, representing 15.55% of the total shares[11]. Research and Development - Research and development expenses for Q1 2023 were ¥422,024,480.99, slightly up from ¥408,748,005.74 in Q1 2022, indicating a focus on innovation[19]. - Research and development expenses for Q1 2023 were ¥123,084,269.95, a decrease of 13.4% from ¥142,185,786.73 in Q1 2022[26]. Strategic Moves - The company plans to spin off its subsidiary, Zhengzhou Hengda Intelligent Control Technology Co., Ltd., for a listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board[13].

Financial Performance - The company's revenue for Q1 2023 reached RMB 9,210,943,721, representing a 13.83% increase compared to RMB 8,091,657,739 in the same period last year[5]. - Net profit attributable to shareholders was RMB 783,069,946, up 14.86% from RMB 681,747,340 in the previous year[5]. - The net profit after deducting non-recurring gains and losses was RMB 658,875,020, reflecting a 15.96% increase from RMB 568,195,701 in the prior year[5]. - The total operating revenue for Q1 2023 increased by 13.83% year-on-year, reaching RMB 921,637.83 million, driven by a 20.74% increase in the coal machinery segment and a 7.18% increase in the automotive parts segment[11]. - Net profit for Q1 2023 increased by 21.84% year-on-year to RMB 86,604.79 million, largely due to a 32.79% increase in net profit from the coal machinery segment[11]. - The net profit attributable to the parent company's shareholders for Q1 2023 increased by 14.86% year-on-year to RMB 78,306.99 million, driven by growth in the coal machinery segment[11]. - Total operating revenue for Q1 2023 reached ¥9,216,378,294.52, a 13.8% increase from ¥8,096,795,783.14 in Q1 2022[20]. - Net profit for Q1 2023 was ¥866,047,934.05, up 21.8% from ¥710,833,040.45 in Q1 2022[21]. - Operating profit for Q1 2023 was ¥1,032,361,716.99, an increase of 19.1% compared to ¥866,787,830.75 in Q1 2022[21]. - Total revenue from sales of goods and services in Q1 2023 was $2,882,787,710.41, compared to $1,982,493,593.68 in Q1 2022, marking a growth of about 45%[30]. Assets and Liabilities - The company's total assets as of March 31, 2023, were RMB 46,227,262,763, a 4.35% increase from RMB 44,301,175,579 at the end of the previous year[6]. - Total current assets increased to CNY 34,389,182,406.73 from CNY 33,401,112,587.09, representing a growth of approximately 2.95%[16]. - Total liabilities increased to CNY 26,661,233,784.30 from CNY 25,662,894,369.86, reflecting a growth of approximately 3.90%[18]. - The company's total assets reached CNY 46,227,262,763.40, up from CNY 44,301,175,578.57, indicating an increase of about 4.35%[19]. - The company's total liabilities increased to ¥16,815,481,279.95 in Q1 2023 from ¥15,243,498,592.92 in Q1 2022[26]. Shareholder Information - The company had a total of 33,237 shareholders at the end of the reporting period, with the top ten shareholders holding a combined 66.75% of the shares[12]. - The largest shareholder, Hongyi Investment Management (Henan) Partnership, held 15.55% of the shares, followed by Henan Machinery Equipment Investment Group with 13.67%[12]. Cash Flow - The net cash flow from operating activities was negative at RMB -422,138,838, a significant decrease of 235.27% compared to RMB 312,070,297 in the same period last year[5]. - Cash flow from operating activities in Q1 2023 was $258,831,439.50, compared to $209,012,840.28 in Q1 2022, showing an increase of about 23%[30]. - Cash flow from investing activities in Q1 2023 was -$786,636,411.51, worsening from -$208,203,345.62 in Q1 2022[30]. - Cash flow from financing activities in Q1 2023 was $586,072,119.06, compared to -$502,075,422.67 in Q1 2022, indicating a significant improvement[30]. Segment Performance - The coal machinery segment's operating revenue for Q1 2023 was RMB 479,197.31 million, up 20.74% from the previous year, reflecting strong demand in the coal industry[11]. - The automotive parts segment's total revenue for Q1 2023 was RMB 442,440.52 million, an increase of 7.18%, with SEG achieving RMB 322,620.97 million, up 9.82% year-on-year[11]. Investment and R&D - Investment income for Q1 2023 rose by 80.39% year-on-year to RMB 5,177.61 million, primarily due to increased returns from financial products in the coal machinery segment[11]. - Research and development expenses for Q1 2023 totaled ¥422,024,480.99, slightly up from ¥408,748,005.74 in Q1 2022[20]. - The company is actively involved in financial product investments, which have significantly contributed to its income growth in the coal machinery segment[11]. Future Plans - The company plans to spin off its subsidiary Zhengzhou Hengda Intelligent Control Technology Co., Ltd. for listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board, maintaining control over it post-separation[14].

Company Overview - Zhengzhou Coal Mining Machinery Group Company Limited is the largest hydraulic roof support manufacturer in China, focusing on coal mining and excavating equipment[3]. - The company was incorporated on December 28, 2008, and its A shares were listed on the Shanghai Stock Exchange on August 3, 2010, while H shares were listed on December 5, 2012[2]. - The company has a strong research and development capability, which is key to maintaining its leading position in the market[3]. - The company operates through subsidiaries engaged in the manufacturing and sale of auto parts, contributing to its diversified revenue streams[3]. - The company has established an extensive sales and service network, enhancing its market reach and customer service capabilities[3]. Financial Performance - The consolidated statement of profit or loss and other comprehensive income is detailed in the annual report, highlighting the company's financial performance[5]. - The report includes a five-year financial highlights section, providing insights into the company's financial trends and performance metrics[5]. - In 2022, the Group's revenue was RMB 32,043.31 million, representing a year-on-year increase of 9.39%[10]. - Profit for the year attributable to shareholders was RMB 2,538.24 million, reflecting a year-on-year increase of 30.31%[10]. - The gross profit for the year was RMB 6,398.71 million, with a gross profit margin improvement noted[103]. Strategic Goals and Market Outlook - The Company has set an aggressive strategic goal of achieving RMB 50 billion in revenue within 5 years[13]. - The management discussion and analysis section provides insights into the company's strategic direction and market outlook[5]. - The company aims to provide high-reliability, intelligent, and green equipment to meet customer needs and contribute to national energy security amid increasing competition in the coal mining machinery industry[54]. - The coal mining machinery industry is expected to experience rapid development in the next five years, characterized by intelligence and internationalization[62]. - The Company aims to achieve a development goal of "50 billion in 5 years" while focusing on high-end intelligent equipment manufacturing and digital transformation[61]. Digital Transformation and Innovation - The intelligent industrial park has been officially put into operation, enhancing the Company's digital transformation capabilities[22]. - The digital transformation efforts aim to integrate information technology with business processes to drive overall business transformation[21]. - The Company has developed a pre-sales, in-sales, and after-sales digitalization system for complete-set projects[27]. - The Company is focusing on digital transformation over the next 5-10 years to enhance labor efficiency and reduce energy consumption and emissions[77]. - The Company aims to establish a digital enterprise through interconnection and collaborative sharing across multiple segments and businesses[77]. New Energy and Market Expansion - The Group successfully entered high-end markets in the U.S., with total bidding and direct order amounts exceeding RMB 1 billion, marking a record high[32]. - ASIMCO's export business revenue reached RMB 590 million, representing a year-on-year increase of 34%[38]. - Revenue from ASIMCO's new energy business was approximately RMB 190 million, reflecting a year-on-year increase of about 130%[38]. - The sales volume of new energy vehicles is expected to account for approximately 20% of total sales by 2025, driving high-quality development in the new energy automobile industry[56]. - The market for new energy vehicles is expected to grow significantly, with hybrid electric vehicles projected to account for over 50% of traditional energy passenger vehicles by 2025[56]. Corporate Governance - The Company is committed to maintaining high standards of corporate governance through independent directors and supervisors[168]. - The Company has a strong board of directors with diverse backgrounds in law, finance, and engineering, enhancing governance and strategic decision-making[166]. - The Board consists of eleven Directors, including five executive Directors, two non-executive Directors, and four independent non-executive Directors, with independent Directors accounting for one-third or more of the Board[195][197]. - The Company has established mechanisms to ensure independent views and opinions of Directors are communicated effectively to the Board[200]. - The Board reviews the effectiveness of its governance mechanisms annually to ensure compliance and proper functioning[200]. Risk Management and Compliance - The Company emphasizes the importance of compliance and risk management, as reflected in the qualifications of its supervisory board members[169]. - The Group is exposed to foreign exchange risk, particularly with USD/RMB, EUR/RMB, and HKD/RMB, and management monitors this exposure closely[142]. - The Group has policies to ensure sales are made to reputable customers, with monitoring procedures in place for overdue debts[140]. - The expected credit loss rates are determined based on historical credit losses from the past 1 to 5 years, adjusted for current macroeconomic factors[140]. - The Company has a code of conduct and compliance manual applicable to employees and directors, which is regularly reviewed[189].

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 company's revenue for 2022 was RMB 32,043.31 million, an increase of RMB 2,749.78 million (9.39%) compared to 2021[2]. - The profit attributable to shareholders for 2022 was RMB 2,538.24 million, an increase of RMB 590.45 million (30.31%) from 2021[2]. - The basic earnings per share for 2022 was RMB 145.38, up from RMB 112.42 in 2021[4]. - The total comprehensive income for the year was RMB 2,946.04 million, compared to RMB 2,155.16 million in 2021[4]. - The total revenue for the year ended December 31, 2022, was RMB 32,043,306 thousand, compared to RMB 29,293,527 thousand for the year ended December 31, 2021, representing an increase of about 9.5%[13][14]. - The company reported a total comprehensive profit of RMB 2,628,005 thousand for the year ended December 31, 2022, compared to RMB 2,069,868 thousand in 2021, reflecting an increase of about 27.0%[18]. - Profit before tax rose by 17.79% from RMB 2,623.32 million in 2021 to RMB 3,090.08 million in 2022[54]. - The effective tax rate decreased from 21.10% in 2021 to 14.95% in 2022, with tax expenses falling by 16.51% from RMB 553.45 million to RMB 462.07 million[55]. Assets and Liabilities - Non-current assets totaled RMB 10,270.31 million as of December 31, 2022, an increase from RMB 9,407.76 million in 2021[5]. - Current assets amounted to RMB 34,199.28 million, up from RMB 27,922.55 million in 2021[5]. - The total assets of the company reached RMB 44,469.59 million, compared to RMB 37,330.31 million in 2021[5]. - Total liabilities increased to RMB 25,831,308 thousand in 2022, up from RMB 21,679,337 thousand in 2021, representing a growth of approximately 19.9%[6]. - Current liabilities rose to RMB 19,585,740 thousand in 2022, compared to RMB 15,078,373 thousand in 2021, marking an increase of about 30.3%[6]. - Non-current liabilities decreased to RMB 6,245,568 thousand in 2022 from RMB 6,600,964 thousand in 2021, a decline of approximately 5.4%[6]. - The company's equity attributable to shareholders increased to RMB 17,807,267 thousand in 2022, up from RMB 14,795,491 thousand in 2021, reflecting a growth of around 20.4%[6]. Revenue Breakdown - Revenue from automotive parts sales was RMB 15,170,886 thousand in 2022, compared to RMB 16,080,408 thousand in 2021, indicating a decrease of about 5.6%[13][14]. - Revenue from hydraulic supports sales was RMB 9,239,798 thousand in 2022, down from RMB 6,873,987 thousand in 2021, showing an increase of approximately 34.5%[13][14]. - Revenue from the Chinese market reached RMB 21,716,648 thousand in 2022, compared to RMB 19,929,645 thousand in 2021, marking a growth of about 9.0%[20]. - The company reported a significant increase in export business revenue, reaching 590 million RMB, a year-on-year growth of 34%[67]. - New energy business revenue approximately reached 190 million RMB, reflecting a year-on-year growth of about 130%[67]. Expenses and Costs - Research and development expenses for 2022 were RMB 1,385.96 million, an increase from RMB 1,271.74 million in 2021[3]. - Sales cost rose by 10.43% from RMB 23,221.70 million in 2021 to RMB 25,644.60 million in 2022[46]. - Gross profit increased by 5.38% from RMB 6,071.83 million in 2021 to RMB 6,398.71 million in 2022, with a decline in overall gross margin from 20.73% to 19.97%[47]. - Other income rose by 23.67% from RMB 385.25 million in 2021 to RMB 476.43 million in 2022, mainly due to increased government subsidies and interest income[48]. - Administrative expenses decreased by 16.46% from RMB 1,284.32 million in 2021 to RMB 1,072.97 million in 2022[51]. - Other losses increased significantly by 3,257.59% from a loss of RMB 3.58 million in 2021 to a loss of RMB 120.03 million in 2022, primarily due to goodwill impairment[49]. Dividends and Shareholder Information - The board proposed a final dividend of RMB 5.60 per 10 shares for the year ending December 31, 2022, totaling approximately RMB 998 million, subject to shareholder approval[89]. - The total dividend proposed for the year ended December 31, 2022, is RMB 998,057,743.20, with a proposed final dividend of RMB 0.56 per share, up from RMB 0.435 per share in 2021[30]. - The company will withhold a 10% personal income tax on dividends distributed to H-share individual shareholders unless otherwise specified by tax regulations or agreements[91]. - For investors under the Shanghai-Hong Kong Stock Connect, the company will also withhold a 10% tax on dividends, with the possibility of tax refunds for those eligible under tax treaties[92]. Corporate Governance and Compliance - The company has adopted corporate governance codes to maintain high standards of governance, ensuring compliance with relevant regulations[87]. - The audit committee has reviewed the accounting principles and policies adopted by the group for the year ended December 31, 2022[95]. - The financial statements for the year ended December 31, 2022, have been audited by PricewaterhouseCoopers, confirming consistency with the preliminary announcement[95]. - The company is committed to ensuring compliance with international financial reporting standards and Chinese accounting standards[96]. Strategic Goals and Future Outlook - The company aims to achieve a strategic goal of RMB 50 billion over the next 5 years, focusing on new energy and high-quality development[60]. - The company is advancing its digital transformation, integrating data across product design, production, supply chain, and customer service to drive business process changes[63]. - The company aims to achieve a development target of "500 billion in 5 years" by enhancing innovation and accelerating digital transformation in high-end intelligent equipment manufacturing[72]. - The coal machinery sector is expected to experience rapid development driven by intelligence and internationalization over the next 5 years, with a focus on integrated solutions and service-oriented approaches[73]. - The automotive parts segment is undergoing transformation to capitalize on the global trend of electrification, with a commitment to expanding new energy vehicle components and systems integration[74]. Risk Management and Operational Strategies - The company is enhancing its comprehensive risk management system to ensure legal compliance and asset safety, supporting its strategic objectives[85]. - The company is committed to building organizational capabilities, enhancing digital and human resource capabilities to create more certainty in response to environmental uncertainties[82]. - The company is focusing on technological innovation to enhance its competitive advantage, establishing a technical system aligned with its five-year strategic plan and promoting product innovation in areas such as smart mining and various specialized robots[82].

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].