证券代码：603298 证券简称：杭叉集团 公告编号：2023-061 杭叉集团股份有限公司 第七届监事会第五次会议决议公告 本公司监事会及全体监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。 1、审议通过《公司 2023 年半年度报告及摘要》 详情见公司同日于上海证券交易所网站（www.sse.com.cn）披露的《公司 2023 年半年度报告》及摘要。 表决结果：同意 5 票、反对 0 票、弃权 0 票。 2、审议通过《2023 年半年度募集资金存放与实际使用情况的专项报告》 详见公司同日于上海证券交易所网站（www.sse.com.cn）及《证券时报》披 露的《2023 年半年度募集资金存放与实际使用情况的专项报告》（公告编号： 2023-062） 表决结果：同意 5 票、反对 0 票、弃权 0 票。 三、备查文件 一、监事会会议召开情况 杭叉集团股份有限公司（以下简称"公司"或"杭叉集团"）于 2023 年 8 月 17 日以现场结合通讯方式召开第七届监事会第五次会议。会议通知已于 2023 年 8 月 7 日以通讯方式发出。本次会议应参 ...

证券代码：603298 证券简称：杭叉集团 公告编号：2023-062 杭叉集团股份有限公司 关于 2023 年半年度募集资金存放与实际使用情况的专项报告 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法律责任。 根据《上海证券交易所上市公司自律监管指引第 1 号——规范运作》《上海证 券交易所上市公司公告格式第十三号——上市公司募集资金相关公告》和《杭叉集 团股份有限公司募集资金管理制度》等规定，杭叉集团股份有限公司（以下简称"公 司"）2023 年半年度募集资金存放与实际使用情况专项报告如下： 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 二、募集资金管理情况 （一）募集资金管理情况 为了规范募集资金的管理和使用，提高资金使用效率，切实保护投资者权益， 公司依据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司监管指 引第 2 号—上市公司募集资金管理和使用的监管要求》《上海证券交易所股票上市 规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等有关法律、 部门规章及业务规则，结合公司实际情况， ...

杭叉集团股份有限公司独立董事 关于公司第七届董事会第八次会议 相关事项的独立意见 为保护杭叉集团股份有限公司(以下简称"公司")全体股东的利益,根据 中国证监会《上市公司独立董事规则》《上市公司治理准则》《公司章程》等有 关规定,作为公司的独立董事,针对公司相关事项,我们在认真审阅相关资料后, 基于独立、客观判断的原则,发表独立意见如下: 一、关于《2023年半年度募集资金存放与实际使用情况的专项报告》的议 案 经审核,公司按照相关法律法规、《公司章程》及公司《募集资金管理制度》 等有关要求开立了募集资金存储专户进行存放和管理,不存在违规改变募集资金 用途、违规存放与使用募集资金的情形,也不存在损害公司及股东、尤其是中小 股东利益的情形。因此，我们一致同意该议案。 (以下无正文) 【本页无正文,为杭叉集团股份有限公司独立董事关于公司第七届董事会第八次 会议相关事项的独立意见的签字页】 全体独立董事签字: 朱亚尔 蔡云峰 健 寿 ...

证券代码：603298 证券简称：杭叉集团 公告编号：2023-063 杭叉集团股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 8 月 29 日（周二）上午 11:00-12:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 " 上 证 路 演 中 心 " （http://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络文字互动方式 投资者可于 2023 年 8 月 22 日（周二）至 8 月 28 日（周一）16:00 前登 录 " 上 证 路 演 中 心 " 网 站 首 页 ， 点 击 " 提 问 预 征 集 " 栏 目 （http://roadshow.sseinfo.com/questionCollection.do），根据活动时间，选 中本次活动或将有关问题通过电子邮件的形式发送至杭叉集团股份有限公司（以 下简称"公司"）投资者关系信箱（hcjt@zjhc.cn）。公司将于 2 ...

证券代码：603298 证券简称：杭叉集团 公告编号：2023-060 杭叉集团股份有限公司 第七届董事会第八次会议决议公告 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。 1、审议通过《公司 2023 年半年度报告及摘要》 详情见公司同日于上海证券交易所网站（www.sse.com.cn）披露的《公司 2023 年半年度报告》及摘要。 表决结果：同意 9 票、反对 0 票、弃权 0 票。 2、审议通过《2023 年半年度募集资金存放与实际使用情况的专项报告》 详见公司同日于上海证券交易所网站（www.sse.com.cn）及《证券时报》披 露的《2023 年半年度募集资金存放与实际使用情况的专项报告》（公告编号： 2023-062） 表决结果：同意 9 票、反对 0 票、弃权 0 票。 三、备查文件 一、董事会会议召开情况 杭叉集团股份有限公司（以下简称"公司"或"杭叉集团"）于 2023 年 8 月 17 日以现场结合通讯方式召开第七届董事会第八次会议。会议通知已于 2023 年 8 月 7 日以通讯方式发出。本次会议应参 ...

Financial Performance - The company's operating revenue for Q1 2023 was RMB 3,929,226,032.62, representing a year-on-year increase of 9.04%[4] - The net profit attributable to shareholders for Q1 2023 was RMB 292,054,824.57, reflecting a significant increase of 53.55% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 281,079,809.07, up by 51.87% year-on-year[4] - Basic earnings per share for Q1 2023 were RMB 0.34, an increase of 54.55% compared to the same period last year[4] - Net profit for Q1 2023 reached CNY 301,243,656.53, a 52.1% increase from CNY 197,848,324.33 in Q1 2022[15] - Operating profit for Q1 2023 was CNY 367,037,399.42, up 57.8% from CNY 232,385,078.66 in the same period last year[15] - Total comprehensive income for Q1 2023 was CNY 299,767,710.52, compared to CNY 199,297,773.70 in Q1 2022, indicating a 50.4% rise[16] Cash Flow - The net cash flow from operating activities reached RMB 357,998,640.09, marking a 59.07% increase from the previous year[4] - Cash flow from operating activities netted CNY 357,998,640.09, an increase of 59.0% from CNY 225,053,538.66 in Q1 2022[18] - Cash inflow from investment activities totaled CNY 120,641,032.84, compared to CNY 80,726,883.51 in Q1 2022, representing a 49.5% increase[18] - Cash flow from financing activities netted CNY 10,344,480.25, a significant decrease from CNY 517,460,002.68 in Q1 2022[18] - Net increase in cash and cash equivalents for Q1 2023 was $364,175,555.26, compared to $774,135,285.09 in the previous year[19] - Beginning cash and cash equivalents balance was $3,023,277,202.27, up from $2,314,975,985.27 year-over-year[19] - Ending cash and cash equivalents balance reached $3,387,452,757.53, compared to $3,089,111,270.36 in the same period last year[19] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to RMB 12,415,646,371.32, which is a 6.17% increase from the end of the previous year[5] - Current assets totaled ¥8,227,871,549.29 as of March 31, 2023, compared to ¥7,584,494,224.88 at the end of 2022, indicating a growth of 8.49%[12] - Non-current assets amounted to ¥4,187,774,822.03, an increase from ¥4,109,082,769.05 at the end of 2022, representing a growth of 1.91%[12] - Total liabilities decreased to ¥4,367,246,441.97 from ¥4,883,251,272.02, a reduction of 10.54%[13] - Shareholders' equity increased to ¥8,048,399,929.35 from ¥6,810,325,721.91, reflecting a growth of 18.19%[13] Costs and Expenses - Total operating costs for Q1 2023 were ¥3,613,552,101.06, up from ¥3,405,915,995.93 in Q1 2022, reflecting a year-over-year increase of 6.11%[14] - Research and development expenses increased to CNY 168,767,294.25, representing a 14.7% rise from CNY 147,139,882.69 in Q1 2022[15] Revenue Growth Factors - The company attributes the increase in net profit to revenue growth, product structure optimization, and effective cost control measures[7] - Total revenue from operating activities for Q1 2023 was CNY 2,796,415,500.31, compared to CNY 2,373,486,380.23 in Q1 2022, marking a 17.8% growth[18] Return on Equity - The weighted average return on equity for Q1 2023 was 4.20%, an increase of 0.86 percentage points year-on-year[4]

Financial Performance - The company achieved a total operating revenue of CNY 14,412,416,415.20 for the year 2022, with a net profit attributable to shareholders of CNY 987,752,889.58[7] - The proposed cash dividend distribution is CNY 4 per 10 shares, amounting to a total of CNY 374,232,014.00, based on a total share capital of 935,580,035 shares[7] - The total cash dividend for 2022, including share repurchase, is CNY 384,230,210.00, resulting in a cash dividend payout ratio of 38.90%[8] - The remaining undistributed profit for the parent company is CNY 2,954,140,241.13, which will be carried forward to the next fiscal year[8] - The company does not plan to implement stock bonuses or capital reserve transfers for the year[8] - The company reported a significant increase in forklift sales, with a total of 50,000 units sold in 2022, representing a 15% year-over-year growth[16] - The revenue for the year reached RMB 5 billion, marking a 20% increase compared to the previous year[17] - The company achieved operating revenue of 14.41 billion RMB, a year-on-year decrease of 0.53%[67] - Net profit attributable to shareholders was 988 million RMB, an increase of 8.73% year-on-year[67] - The cash flow from operating activities reached CNY 625.48 million, a significant increase of 3,838.50% compared to 2021[25] - The total assets at the end of 2022 were CNY 11.69 billion, reflecting a growth of 12.47% from 2021[26] - The basic earnings per share for 2022 was CNY 1.14, representing an increase of 8.57% year-on-year[27] - The weighted average return on equity was 16.70%, a decrease of 0.52 percentage points compared to 2021[27] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in sales in that region by 2023[18] - The company is exploring potential acquisitions in the logistics sector to diversify its service offerings and enhance market competitiveness[22] - The company has established new sales subsidiaries in Australia and Thailand, enhancing its global presence and forming partnerships with key overseas markets[37] - The company aims to increase its export revenue share to over 40% in 2023, focusing on expanding overseas markets[101] - Market expansion plans include entering three new international markets by the end of 2023, aiming for a 5% market share in each[127] - The company is expanding its market presence in Europe, targeting a 25% increase in market share by the end of 2024[133] Research and Development - Research and development expenditure increased by 15% to RMB 300 million, focusing on innovative technologies and product enhancements[25] - The company has implemented a comprehensive innovation platform, including a national enterprise technology center and various research institutions, to enhance its R&D capabilities[57] - The company is investing in R&D, allocating 10% of its revenue towards developing new technologies and products[127] - Research and development investments have increased by 30%, focusing on automation and AI technologies for future product lines[133] Customer Satisfaction and Product Development - User data indicates a 40% increase in customer satisfaction ratings, attributed to improved product quality and customer service initiatives[23] - The company launched several new products, including high-pressure lithium battery models and hydrogen fuel cell forklifts, enhancing its competitive edge in the market[58] - New product development includes the launch of an electric forklift line, expected to contribute an additional RMB 500 million in revenue in 2023[19] - New product launches are anticipated to contribute an additional 200 million in revenue by the end of Q2 2023[127] - Customer satisfaction ratings improved to 90%, reflecting a 5% increase from the previous year, indicating strong brand loyalty[133] Operational Efficiency and Cost Management - The gross profit margin improved to 28%, up from 25% in the previous year, due to cost control measures and increased production efficiency[21] - The company focuses on cost management and lean production to improve profitability amid inflation and market fluctuations[56] - The company plans to enhance its supply chain efficiency, targeting a reduction in costs by 10% over the next year[127] - The company plans to improve delivery capabilities and product quality through enhanced production resource management and lean production practices[104] Governance and Compliance - The board of directors and management confirm the authenticity, accuracy, and completeness of the annual report[4] - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6] - The company adheres to strict information disclosure practices, ensuring transparency and fairness for all investors[119] - The company has held four shareholder meetings and nine board meetings during the reporting period, ensuring compliance with governance regulations[116] - The supervisory board has conducted six meetings, effectively overseeing the company's financial and operational compliance[118] Environmental Responsibility - The company has invested in environmental protection facilities, ensuring compliance with wastewater and air emission standards[171] - The company’s wastewater treatment facilities are equipped with online monitoring systems to track key discharge indicators such as pH and COD[178] - The company has achieved 100% compliance in the disposal of hazardous waste and has ensured that wastewater and air emissions meet regulatory standards in 2022[180] - The company is committed to sustainability, with a goal to reduce carbon emissions by 40% by 2025 through innovative technologies[133] Employee Development and Corporate Culture - The company has established a comprehensive salary management system, ensuring competitive and fair compensation for employees[154] - The company has implemented a training program to support talent development, combining online and offline training methods[155] - The company is focused on providing practical support for employees and enhancing their skills through training and a performance-based compensation system[106] Risks and Challenges - The company faced challenges due to global inflation, supply chain disruptions, and market demand contraction in 2022[34] - The company is exposed to foreign exchange risks due to its expanding international sales, necessitating proactive management of currency fluctuations[110] - Supply chain risks are present due to long procurement cycles for core components, particularly in semiconductors, which may affect delivery times[111] - The company recognizes the need for industry leaders to have advantages in brand, scale, R&D, technology, channels, quality, and service to maintain competitiveness[96]

重要内容提示： 会议召开时间：2023 年 4 月 27 日(星期四)上午 11:00-12:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络文字互动方式 证券代码：603298 证券简称：杭叉集团 公告编号：2023-044 杭叉集团股份有限公司 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法律责任。 三、参加人员 董事长：赵礼敏先生 投资者可于 2022 年 4 月 20 日(星期四)至 4 月 26 日(星期三)16:00 前登录上证 路演中心网站首页点击"提问预征集"栏目或通过杭叉集团股份有限公司（以下简称 "公司"）投资者关系邮箱：hcjt@zjhc.cn 进行提问。公司将于 2022 年度业绩说明会 上对投资者普遍关心的问题进行回答。 公司已于 2023 年 4 月 19 日在上海证券交易所（http://www.sse.com.cn）披露 ...

Report Overview [Important Notice](index=1&type=section&id=Important%20Notice) Hangcha Group's Q3 2022 report guarantees content accuracy and completeness, with legal responsibility borne by management; financial statements are unaudited - The company's Board of Directors, Supervisory Committee, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, assuming individual and joint legal responsibility[3](index=3&type=chunk) - The third-quarter financial statements are **unaudited**[3](index=3&type=chunk) Key Financial Data [Key Accounting Data and Financial Indicators](index=1&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, Hangcha Group achieved year-on-year growth in both operating revenue and net profit attributable to shareholders, with significant Q3 net profit growth; operating cash flow, total assets, and equity also saw robust increases Key Financial Indicators for Q3 2022 and Year-to-Date | Item | Current Period (Q3) (Yuan) | YoY Change (%) | Year-to-Date (Yuan) | Period-end vs. Prior Year-end Change (%) | | :--------------------------------------------- | :------------------------- | :------------- | :------------------ | :--------------------------------------- | | Operating Revenue | 3,840,512,302.32 | 5.58 | 11,364,909,101.62 | 3.28 | | Net Profit Attributable to Shareholders | 290,235,277.04 | 24.11 | 746,358,388.37 | 1.06 | | Net Profit Attributable to Shareholders (Excl. Non-recurring Gains/Losses) | 295,096,479.98 | 29.75 | 734,144,515.25 | 2.08 | | Net Cash Flow from Operating Activities | N/A | N/A | 547,894,484.88 | 275.32 | | Basic Earnings Per Share (Yuan/share) | 0.33 | 22.22 | 0.86 | 1.18 | | Diluted Earnings Per Share (Yuan/share) | 0.32 | 18.52 | 0.83 | -2.35 | | Weighted Average Return on Net Assets (%) | 4.95 | Increased 0.6 ppts | 12.85 | Decreased 1.15 ppts | | Total Assets (End of Current Period) | 11,467,752,978.96 | | | 10.30 | | Equity Attributable to Shareholders (End of Current Period) | 6,038,668,584.93 | | | 7.84 | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) The company's non-recurring gains and losses totaled **negative 4.86 million Yuan** for the quarter and **positive 12.21 million Yuan** year-to-date, primarily influenced by fair value changes in financial assets and government grants; local water conservancy construction funds are classified as recurring Non-recurring Gains and Losses Items and Amounts | Item | Current Period Amount (Yuan) | Year-to-Date Amount (Yuan) | | :---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | :--------------------------- | :------------------------- | | Gains or losses from disposal of non-current assets | 1,896,471.49 | 3,050,037.49 | | Government grants recognized in current profit or loss (excluding those closely related to normal business operations and continuously enjoyed) | 4,913,377.00 | 30,634,174.65 | | Gains or losses from entrusted investment or asset management | 5,248,671.26 | 12,126,647.67 | | Gains or losses from changes in fair value of transactional financial assets, derivative financial assets, transactional financial liabilities, derivative financial liabilities, and investment income from disposal of such assets and other debt investments, excluding effective hedging related to normal business operations | -35,828,231.40 | -61,210,200.54 | | Reversal of impairment provisions for accounts receivable and contract assets for which impairment tests are performed individually | 518,231.90 | 2,613,875.98 | | Less: Income tax impact | 6,450,602.04 | 5,865,561.00 | | Minority interest impact (after tax) | 11,780,376.03 | 18,181,557.75 | | Total | -4,861,202.94 | 12,213,873.12 | - Local water conservancy construction funds (**268,570.83 Yuan**) are classified as recurring gains and losses due to being state-mandated taxes and fees directly related to normal operations, lacking special or incidental characteristics[8](index=8&type=chunk) [Changes and Reasons for Key Accounting Data and Financial Indicators](index=3&type=section&id=Changes%20and%20Reasons%20for%20Key%20Accounting%20Data%20and%20Financial%20Indicators) Year-to-date operating cash flow significantly increased by **275.32%** year-on-year, primarily due to effective inventory control and increased bank bill settlements - Net cash flow from operating activities (year-to-date) increased by **275.32%**[9](index=9&type=chunk) - The change is primarily due to effective inventory control and increased bank bill settlements during the period[9](index=9&type=chunk) Shareholder Information [Total Number of Common Shareholders and Top Ten Shareholders' Holdings](index=4&type=section&id=Total%20Number%20of%20Common%20Shareholders%20and%20Top%20Ten%20Shareholders'%20Holdings) As of the reporting period end, the company had **18,031 common shareholders**, with Zhejiang Hangcha Holding Co., Ltd. and Hangzhou Industrial Investment Group Co., Ltd. as the top two, holding **44.64%** and **22.01%** respectively - The total number of common shareholders at the end of the reporting period was **18,031**[10](index=10&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Shareholder Nature | Number of Shares Held | Shareholding Ratio (%) | | :--------------------------------------------------------- | :----------------- | :-------------------- | :--------------------- | | Zhejiang Hangcha Holding Co., Ltd. | Domestic Non-State | 386,744,960 | 44.64 | | Hangzhou Industrial Investment Group Co., Ltd. | State-owned Legal Person | 190,722,646 | 22.01 | | Zhao Limin | Domestic Natural Person | 20,440,010 | 2.36 | | China Construction Bank Co., Ltd. - Dongfanghong Qidong Three-Year Holding Mixed Securities Investment Fund | Other | 16,833,539 | 1.94 | | China Merchants Bank Co., Ltd. - Ruiyuan Growth Value Mixed Securities Investment Fund | Other | 10,728,997 | 1.24 | | Hong Kong Securities Clearing Company Limited | Other | 9,698,270 | 1.12 | | Wang Yiping | Domestic Natural Person | 8,250,000 | 0.95 | | Dai Jingjing | Domestic Natural Person | 7,600,000 | 0.88 | | Zhang Yaying | Domestic Natural Person | 6,005,600 | 0.69 | | Xu Lida | Domestic Natural Person | 5,465,470 | 0.63 | Other Reminders [Other Reminders](index=5&type=section&id=Other%20Reminders) The company has no other significant information requiring special attention from investors during the reporting period - There is no other significant information regarding the company's operating performance during the reporting period that requires special attention from investors[12](index=12&type=chunk) Quarterly Financial Statements [Type of Audit Opinion](index=5&type=section&id=Type%20of%20Audit%20Opinion) The financial statements for this quarter are unaudited - The financial statements for this quarter are **unaudited**[12](index=12&type=chunk) [Consolidated Balance Sheet](index=5&type=section&id=Consolidated%20Balance%20Sheet) As of September 30, 2022, total assets reached **11.47 billion Yuan**, a **10.30%** increase from year-end, driven by growth in monetary funds, accounts receivable, and long-term equity investments; total liabilities rose **13.67%** due to increased short-term borrowings and notes payable, while equity attributable to parent company shareholders grew **7.84%** Consolidated Balance Sheet Key Item Changes (September 30, 2022 vs December 31, 2021) | Item | Sep 30, 2022 (Yuan) | Dec 31, 2021 (Yuan) | Change Amount (Yuan) | Change (%) | | :------------------------- | :------------------ | :------------------ | :------------------- | :--------- | | Monetary Funds | 3,027,221,175.37 | 2,331,374,173.01 | 695

[Definitions](index=4&type=section&id=Item%201.%20Definitions) This section provides definitions of key terms used throughout the report [Company Profile and Key Financial Indicators](index=6&type=section&id=Item%202.%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section outlines the company's fundamental information and presents its key financial performance metrics for the reporting period [Basic Company Information](index=6&type=section&id=II.%20Contact%20Person%20and%20Information) This chapter provides basic information about Hangcha Group Co., Ltd., including contact details for key personnel, registered addresses, website, and information disclosure channels - The company's legal representative is **Zhao Limin**[13](index=13&type=chunk) - The designated information disclosure newspaper is Securities Times, and the website is the Shanghai Stock Exchange website (http://www.sse.com.cn)[16](index=16&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=VII.%20Company%27s%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In the first half of 2022, the company's operating revenue slightly increased by 2.14%, while net profit attributable to shareholders decreased by 9.62%, with a significant 177.48% improvement in net cash flow from operating activities Main Accounting Data | Main Accounting Data | Current Period (Jan-Jun) (CNY) | Prior Period (CNY) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 7,524,396,799.30 | 7,366,806,668.45 | 2.14 | | Net Profit Attributable to Shareholders of the Listed Company | 456,123,111.33 | 504,663,932.02 | -9.62 | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-Recurring Gains and Losses | 439,048,035.27 | 491,746,374.53 | -10.72 | | Net Cash Flow from Operating Activities | 443,440,834.70 | 159,812,478.31 | 177.48 | | | **Current Period End** | **Prior Year End** | **Change from Prior Year End (%)** | | Net Assets Attributable to Shareholders of the Listed Company | 5,711,284,101.59 | 5,599,820,055.26 | 1.99 | | Total Assets | 10,910,249,020.57 | 10,397,249,158.85 | 4.93 | Key Financial Indicators | Key Financial Indicators | Current Period (Jan-Jun) | Prior Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (CNY/share) | 0.53 | 0.58 | -8.62 | | Diluted Earnings Per Share (CNY/share) | 0.52 | 0.58 | -10.34 | | Weighted Average Return on Net Assets (%) | 7.90 | 9.67 | Decreased by 1.77 percentage points | | Weighted Average Return on Net Assets After Deducting Non-Recurring Gains and Losses (%) | 7.61 | 9.42 | Decreased by 1.81 percentage points | [Non-Recurring Gains and Losses Items and Amounts](index=8&type=section&id=IX.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to 17.08 million CNY, primarily from government subsidies and fair value changes of financial assets and liabilities Non-Recurring Gains and Losses Items | Non-Recurring Gains and Losses Item | Amount (CNY) | | :--- | :--- | | Government subsidies recognized in current profit/loss | 25,720,797.65 | | Gains and losses from entrusted investments or asset management | 6,877,976.41 | | Gains and losses from changes in fair value of trading financial assets, liabilities, etc. | -25,381,969.14 | | **Total** | **17,075,076.06** | [Management Discussion and Analysis](index=9&type=section&id=Item%203.%20Management%20Discussion%20and%20Analysis) This section provides an in-depth review of the company's operational performance, industry trends, core competencies, and risk factors during the reporting period [Industry and Main Business Overview](index=9&type=section&id=I.%20Description%20of%20the%20Company%27s%20Industry%20and%20Main%20Business%20During%20the%20Reporting%20Period) The company specializes in R&D, production, and sales of industrial vehicles and key components, along with smart logistics solutions, maintaining its industry leadership amidst a shift towards electrification and intelligence - The company's main business includes R&D, production, and sales of industrial vehicles such as forklifts, warehouse trucks, AGVs, and aerial work platforms, along with their key components, and provides smart logistics system integration and aftermarket services[23](index=23&type=chunk) - The industrial vehicle industry shows a clear trend towards electrification and intelligence, with electric product growth exceeding **20%** and internal combustion product sales decreasing by approximately **10%** in the first half of the year[24](index=24&type=chunk) - According to Modern Material Handling magazine in the United States, the company has consistently ranked **eighth globally** since 2017[25](index=25&type=chunk) [Analysis of Core Competencies](index=10&type=section&id=II.%20Analysis%20of%20Core%20Competencies%20During%20the%20Reporting%20Period) The company's core competencies encompass strong R&D, a global marketing network, a forward-looking new energy strategy, advanced intelligent manufacturing, efficient supply chain integration, and a unique corporate culture - The company has established a 'one core, two wings' technological innovation system, focusing on 'intelligence, greening, and service-orientation,' mastering key technologies such as lithium battery application, autonomous navigation, and permanent magnet synchronous motors for industrial vehicles[27](index=27&type=chunk) - The company actively implements its new energy strategy, collaborating with CATL and others to develop specialized lithium batteries, investing in motor and electronic control technologies, mastering core technologies like lithium battery application and high-voltage permanent magnet synchronous motors, and achieving **batch sales** of hydrogen fuel cell forklifts[29](index=29&type=chunk) - The company has built a green future factory comprising over **600 intelligent robots** and more than **20 smart production lines**, with an annual production capacity exceeding **400,000 industrial vehicles**[31](index=31&type=chunk) [Discussion and Analysis of Operations](index=14&type=section&id=III.%20Discussion%20and%20Analysis%20of%20Operations) Despite complex economic conditions, the company achieved stable operational performance in H1 2022, with significant progress in R&D, marketing, and smart manufacturing, notably achieving over 50% growth in export sales volume and over 80% growth in export revenue - In terms of technology R&D, the company focused on its new energy strategy, completing the development of over **30 major categories** and nearly **100 models** of new products in the first half of the year, including National IV emission internal combustion forklifts and solid-state metal hydrogen storage fuel cell forklifts[40](index=40&type=chunk) - On April 15, the company globally launched its XH full series of heavy-duty high-voltage lithium-ion forklifts, achieving a historic breakthrough for electric forklifts against traditional internal combustion models[40](index=40&type=chunk) - Marketing efforts advanced against the trend, with export sales volume increasing by over **50%** and export revenue growing by over **80%**[42](index=42&type=chunk) - The company initiated a new round of management reform, with the SAP project for group information system upgrade officially launched on May 1, aiming to enhance unified data management and agile supply chain response capabilities[44](index=44&type=chunk) [Analysis of Key Operating Performance](index=19&type=section&id=IV.%20Key%20Operating%20Performance%20During%20the%20Reporting%20Period) This section analyzes the company's financial position, highlighting significant improvements in operating cash flow, a shift to positive investing cash flow due to wealth management product redemptions, and increases in receivables, prepayments, and short-term borrowings, alongside a new joint venture for smart logistics [Potential Risks](index=22&type=section&id=V.%20Other%20Disclosure%20Matters) The company faces risks from macroeconomic fluctuations, intensified industry competition, foreign exchange rate volatility due to expanding overseas business, and potential supply chain disruptions for core imported components - External operating environment risk: Significant fluctuations in the macroeconomic environment and industry may adversely affect the company's operations[55](index=55&type=chunk) - Industry competition risk: Products are highly homogenized, and the company faces competition from new entrants, with increasing competition as the market shifts towards new energy and smart logistics[56](index=56&type=chunk)[57](index=57&type=chunk) - Exchange rate fluctuation risk: The rapid increase in overseas market sales exposes the company's international receipts and payments to significant exchange rate volatility[58](index=58&type=chunk) - Core component supply risk: Some core components and imported parts face difficulties, delays, or disruptions in delivery due to the pandemic and geopolitical conflicts[59](index=59&type=chunk) [Corporate Governance](index=23&type=section&id=Item%204.%20Corporate%20Governance) This section details the company's corporate governance structure, including shareholder meetings, board and supervisory committee composition, senior management changes, and profit distribution policies [Shareholder Meetings, Changes in Directors, Supervisors, Senior Management, and Profit Distribution](index=23&type=section&id=I.%20Overview%20of%20Shareholder%20Meetings) During the reporting period, the company held two shareholder meetings, with no changes in directors, supervisors, or senior management, and no profit distribution or capital reserve capitalization plans proposed - Two shareholder meetings were held during the reporting period: the 2021 Annual General Meeting (April 28, 2022) and the First Extraordinary General Meeting of 2022 (July 1, 2022)[60](index=60&type=chunk) - There were no changes in the company's directors, supervisors, or senior management during the reporting period[61](index=61&type=chunk) - The board's resolution on profit distribution or capital reserve capitalization plan for the current reporting period is not applicable[62](index=62&type=chunk) [Environmental and Social Responsibility](index=25&type=section&id=Item%205.%20Environmental%20and%20Social%20Responsibility) This section outlines the company's commitment to environmental protection and social responsibility, including pollution control measures, compliance with environmental regulations, and community engagement initiatives [Environmental Information](index=25&type=section&id=I.%20Environmental%20Information) As a key pollution-controlled entity, the company disclosed detailed information on wastewater, exhaust gas, noise, and hazardous waste emissions, all within standards, with established pollution control facilities, emergency plans, and no environmental penalties during the period - The company and its subsidiaries, Hangcha Group and Hangzhou Forklift Mast Co., Ltd., are listed as key pollution-discharging units, with main pollutants being wastewater, exhaust gas, and hazardous waste[65](index=65&type=chunk)[66](index=66&type=chunk) - The company has established a wastewater treatment plant and installed dust removal facilities to ensure compliant discharge of wastewater and exhaust gas, with solid waste sorted and hazardous waste entrusted to qualified third parties for disposal[67](index=67&type=chunk)[68](index=68&type=chunk) - The company has revised and filed its 'Emergency Plan for Environmental Incidents' and conducts at least one emergency drill annually[72](index=72&type=chunk) - During the reporting period, the company received no administrative penalties for environmental issues[74](index=74&type=chunk) [Significant Matters](index=31&type=section&id=Item%206.%20Significant%20Matters) This section covers significant events and disclosures, including the fulfillment of commitments made by the company and its related parties, and details of major related party transactions [Fulfillment of Commitments](index=31&type=section&id=I.%20Fulfillment%20of%20Commitments) During the reporting period, the company, its controlling shareholder, and actual controller strictly fulfilled all commitments made during major asset restructurings, IPOs, and refinancing activities, including those related to avoiding horizontal competition, standardizing related party transactions, and share lock-ups - The company's controlling shareholder, Hangcha Holdings, and actual controller, **Qiu Jianping**, both committed not to engage in horizontal competition with the listed company and to minimize related party transactions[80](index=80&type=chunk)[82](index=82&type=chunk) - The company's directors, supervisors, and senior management made relevant commitments regarding share lock-ups and the truthfulness of the prospectus[84](index=84&type=chunk)[86](index=86&type=chunk) - All relevant parties timely and strictly fulfilled their respective commitments during the reporting period[80](index=80&type=chunk)[82](index=82&type=chunk)[84](index=84&type=chunk)[86](index=86&type=chunk) [Significant Related Party Transactions](index=36&type=section&id=X.%20Significant%20Related%20Party%20Transactions) During the reporting period, the company engaged in daily operational purchase, sale, and lease transactions with associated companies and other related parties, totaling approximately 1.27 billion CNY, all conducted at market prices Related Party Transactions | Related Party | Relationship | Transaction Type | Amount (Million CNY) | | :--- | :--- | :--- | :--- | | Zhejiang Xinchai Co., Ltd. | Other | Purchase of Goods | 428.77 | | Hangzhou Pengcheng New Energy Technology Co., Ltd. | Associate | Purchase of Goods | 268.99 | | Zhejiang Huachang Hydraulic Machinery Co., Ltd. | Associate | Purchase of Goods | 251.28 | | Zhongce Rubber Group Co., Ltd. | Other | Purchase of Goods | 122.14 | | Henan Jiachen Intelligent Control Co., Ltd. | Associate | Purchase of Goods | 82.30 | | HANGCHA SOUTHEAST ASIA CO.,LTD | Associate | Sale of Goods | 15.95 | - The company's ordinary related party transactions arose from normal production, operation, and sales activities, with fair and just pricing policies and bases, ensuring transaction fairness and no detriment to the company's interests[92](index=92&type=chunk) [Share Changes and Shareholder Information](index=40&type=section&id=Item%207.%20Share%20Changes%20and%20Shareholder%20Information) This section details changes in the company's share capital and provides an overview of its shareholder structure, including the total number of shareholders and the top ten shareholders [Share Capital Changes](index=40&type=section&id=I.%20Share%20Capital%20Changes) During the reporting period, the company's total share capital increased by 561 shares to 866,397,144 shares due to the conversion of a portion of 'Hangcha Convertible Bonds' into A-shares - During the reporting period, the company's total share capital increased by **561 shares** due to the conversion of convertible corporate bonds, resulting in an ending total share capital of **866,397,144 shares**[98](index=98&type=chunk)[100](index=100&type=chunk) [Shareholder Information](index=41&type=section&id=II.%20Shareholder%20Information) As of the end of the reporting period, the company had 18,333 common shareholders, with Zhejiang Hangcha Holdings Co., Ltd. and Hangzhou Industrial Investment Group Co., Ltd. as the two largest shareholders - As of the end of the reporting period, the company had a total of **18,333 common shareholders**[100](index=100&type=chunk) Top Shareholders | Shareholder Name | Shares Held at Period End (Shares) | Proportion (%) | Shareholder Nature | | :--- | :--- | :--- | :--- | | Zhejiang Hangcha Holdings Co., Ltd. | 386,744,960 | 44.64 | Domestic Non-State-Owned Legal Person | | Hangzhou Industrial Investment Group Co., Ltd. | 190,722,646 | 22.01 | State-Owned Legal Person | | Zhao Limin | 20,200,613 | 2.33 | Domestic Natural Person | | China Construction Bank Corporation - Oriental Red Qidong Three-Year Holding Mixed Securities Investment Fund | 16,833,539 | 1.94 | Other | | China Merchants Bank Co., Ltd. - Ruiyuan Growth Value Mixed Securities Investment Fund | 16,343,855 | 1.89 | Other | [Bond-Related Information](index=43&type=section&id=Item%209.%20Bond-Related%20Information) This section provides details on the company's bond instruments, specifically its convertible corporate bonds, including issuance, conversion activity, and credit ratings [Convertible Corporate Bonds](index=43&type=section&id=II.%20Convertible%20Corporate%20Bonds) The company issued 1.15 billion CNY in 'Hangcha Convertible Bonds' in March 2021, with 13,000 CNY converted to shares during the period, and the conversion price was adjusted downwards to 15.45 CNY/share on July 5, 2022, maintaining an 'AA+' credit rating - On March 25, 2021, the company publicly issued **1.15 billion CNY** in convertible corporate bonds, known as 'Hangcha Convertible Bonds,' with stock code '113622'[105](index=105&type=chunk) - During the reporting period (January 1 to June 30, 2022), **13,000 CNY** of 'Hangcha Convertible Bonds' were converted into company shares, totaling **561 shares**, with an unconverted balance of **1.14997 billion CNY** at period end[108](index=108&type=chunk)[109](index=109&type=chunk) - Due to meeting the downward revision conditions, the company adjusted the conversion price of 'Hangcha Convertible Bonds' from **22.68 CNY/share** to **15.45 CNY/share** on July 5, 2022[111](index=111&type=chunk)[113](index=113&type=chunk) - China Chengxin Pengyuan rated the company's corporate credit as **'AA+'** and 'Hangcha Convertible Bonds' as **'AA+'**, with a 'stable' outlook[112](index=112&type=chunk) [Financial Report](index=47&type=section&id=Item%2010.%20Financial%20Report) This section presents the company's comprehensive financial statements, including the balance sheet, income statement, cash flow statement, and statement of changes in owners' equity, reflecting its financial position and performance [Financial Statements](index=47&type=section&id=II.%20Financial%20Statements) This section provides the company's consolidated and parent company financial statements for the first half of 2022, including the balance sheet, income statement, cash flow statement, and statement of changes in owners' equity, comprehensively reflecting the company's financial status, operating results, and cash flows Consolidated Income Statement Key Items | Consolidated Income Statement Key Items | H1 2022 (CNY) | H1 2021 (CNY) | | :--- | :--- | :--- | | I. Total Operating Revenue | 7,524,396,799.30 | 7,366,806,668.45 | | II. Total Operating Costs | 6,989,834,745.64 | 6,816,112,618.44 | | III. Operating Profit | 570,524,915.15 | 627,846,105.81 | | IV. Total Profit | 570,281,514.42 | 627,486,457.56 | | V. Net Profit | 491,960,060.20 | 545,636,339.49 | | Net Profit Attributable to Parent Company Shareholders | 456,123,111.33 | 504,663,932.02 | Consolidated Cash Flow Statement Key Items | Consolidated Cash Flow Statement Key Items | H1 2022 (CNY) | H1 2021 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 443,440,834.70 | 159,812,478.31 | | Net Cash Flow from Investing Activities | 288,452,836.67 | -223,823,561.09 | | Net Cash Flow from Financing Activities | -202,991,015.82 | 1,056,712,406.28 | | Net Increase in Cash and Cash Equivalents | 555,355,459.58 | 992,570,003.09 | [Notes to Consolidated Financial Statements](index=93&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statements) This section provides detailed notes on key items in the consolidated financial statements, including accounts receivable, inventory, construction in progress, and the composition of operating revenue - The ending balance of accounts receivable was **1.547 billion CNY**, with approximately **92.4%** aged within one year, and the top five debtors by ending balance accounted for **14.54%** of the total[236](index=236&type=chunk)[242](index=242&type=chunk) - The ending book value of inventory was **1.562 billion CNY**, a decrease from **1.854 billion CNY** at the beginning of the period, primarily consisting of raw materials, work-in-progress, and finished goods[256](index=256&type=chunk) - The ending book value of construction in progress was **284 million CNY**, with the 'Annual Production of 60,000 New Energy Forklifts Construction Investment Project' accounting for **217 million CNY**, making it the largest ongoing project[279](index=279&type=chunk) Revenue and Cost Breakdown | Revenue Type | Current Period Amount (CNY) | Cost (CNY) | | :--- | :--- | :--- | | Main Business | 7,009,972,549.77 | 5,822,730,071.19 | | Other Business | 514,424,249.53 | 490,073,936.29 | | **Total** | **7,524,396,799.30** | **6,312,804,007.48** | [Related Parties and Related Party Transactions](index=153&type=section&id=XII.%20Related%20Parties%20and%20Related%20Party%20Transactions) The company's parent is Zhejiang Hangcha Holdings Co., Ltd., with Qiu Jianping as the ultimate controlling party, and during the reporting period, the company engaged in various daily operational transactions with related parties, including significant purchases from Zhejiang Xinchai Co., Ltd. and Zhejiang Huachang Hydraulic Machinery Co., Ltd., all at market prices - The company's parent company is Zhejiang Hangcha Holdings Co., Ltd., holding **44.64%** of shares, and the ultimate controlling party is **Qiu Jianping**[396](index=396&type=chunk)[397](index=397&type=chunk) Purchase of Goods/Acceptance of Services from Related Parties | Purchase of Goods/Acceptance of Services | Current Period Amount (CNY) | | :--- | :--- | | Zhejiang Xinchai Co., Ltd. | 428,771,331.01 | | Hangzhou Pengcheng New Energy Technology Co., Ltd. | 268,998,482.71 | | Zhejiang Huachang Hydraulic Machinery Co., Ltd. | 251,278,303.30 | | Zhongce Rubber Group Co., Ltd. | 122,136,289.25 | Sale of Goods/Provision of Services to Related Parties | Sale of Goods/Provision of Services | Current Period Amount (CNY) | | :--- | :--- | | HANGCHA SOUTHEAST ASIA CO.,LTD | 15,954,439.26 | | Zhejiang Guozhi Robot Technology Co., Ltd. | 7,735,872.56 | | Hangzhou Giant Star Technology Co., Ltd. | 5,485,995.08 |