Core Points - Zhejiang Dingli (603338) closed at 44.82 yuan on June 13, 2025, down 1.49% from 45.5 yuan the previous week [1] - The company's market capitalization is currently 22.695 billion yuan, ranking 6th in the engineering machinery sector and 677th among all A-shares [1] - The highest price during the week was 47.26 yuan on June 10, and the lowest was 44.82 yuan on June 13 [1] Company Announcements - Zhejiang Dingli announced a cash dividend of 1.00 yuan per share, with the implementation announcement released on June 10, 2025 [1] - The dividend distribution details include a total cash dividend payout of 506.35 million yuan based on a total share capital of 506,347,879 shares [2] - Key dates for the dividend include the record date on June 17, 2025, and the ex-dividend date and payment date on June 18, 2025 [2] Tax Treatment - Individual shareholders holding shares for over one year will be exempt from personal income tax on dividend income, resulting in a net cash dividend of 1.00 yuan per share [2] - QFII shareholders and Hong Kong investors will have a 10% withholding tax, leading to a net cash dividend of 0.90 yuan per share [2]

Core Points - The company announced a cash dividend of 1.00 RMB per share for its A shares, totaling 506,347,879 RMB to be distributed to shareholders [1][2][4] - The dividend distribution plan was approved at the annual general meeting held on May 20, 2025 [1] - Key dates for the dividend distribution include the record date on June 17, 2025, and the ex-dividend date on June 18, 2025 [1] Dividend Distribution Details - The total number of shares for the dividend calculation is 506,347,879 shares, with a cash dividend of 1.00 RMB per share (before tax) [1] - For individual shareholders holding shares for more than one year, the dividend income is exempt from personal income tax, while those holding for one year or less will have tax calculated upon stock transfer [2] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net dividend of 0.90 RMB per share [3] - Hong Kong investors through the Stock Connect will also face a 10% withholding tax, leading to a net dividend of 0.90 RMB per share [3] - Other institutional investors are responsible for their own tax payments, receiving a gross dividend of 1.00 RMB per share [4]

证券代码：603338 证券简称：浙江鼎力 公告编号：2025-018 浙江鼎力机械股份有限公司2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利1.00元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/17 | － | 2025/6/18 | 2025/6/18 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 1. 实施办法 无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统向股权登记日上 海证券交易所收市后登记在册并在上海证券交易所 ...

证券代码：603338 证券简称：浙江鼎力 公告编号：2025-018 浙江鼎力机械股份有限公司2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利1.00元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/17 | － | 2025/6/18 | 2025/6/18 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 本次利润分配以方案实施前的公司总股本506,347,879股为基数，每股派发现金红利1.00 元（含税），共计派发现金红利506,347, ...

Core Points - Zhejiang Dingli Machinery Co., Ltd. has completed the registration change of its business address to 188 Qihang Road, Deqing County, Huzhou City, Zhejiang Province [1] - The change was approved during the annual shareholders' meeting held on May 20, 2025, where the amendment to the company's articles of association was also discussed [1] - The company has obtained a new business license from the Zhejiang Provincial Market Supervision Administration reflecting the updated registration information [1] Company Information - The company is classified as a listed other joint-stock company with a registered capital of 506,347,879 yuan [1] - Established on May 16, 2005, the company operates in various sectors including high-altitude work platforms, multi-functional power repair platforms, lifting machinery, construction machinery, hydraulic machinery, and forklift manufacturing [1] - The business scope also includes the sale of metal materials, building materials, chemical raw materials (excluding hazardous chemicals), labor protection products, machinery equipment maintenance services, and import-export of goods [1]

关于公司完成工商变更登记的公告 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。 浙江鼎力机械股份有限公司（以下简称"公司"）于2025年5月20日召开的2024 年年度股东大会审议通过了《关于变更注册地址及修订<公司章程>的议案》，同意 公司注册地址变更为：浙江省湖州市德清县启航路188号。 公司已于近日完成工商变更登记手续，并取得了浙江省市场监督管理局换发的 《营业执照》，变更后的工商登记信息如下： 证券代码：603338 证券简称：浙江鼎力 公告编号：2025-017 浙江鼎力机械股份有限公司 名 称：浙江鼎力机械股份有限公司 统一社会信用代码：913300007743880298 特此公告。 浙江鼎力机械股份有限公司董事会 2025年5月30日 法定代表人：许树根 注册资本：伍亿零陆佰叁拾肆万柒仟捌佰柒拾玖元 成立日期：2005年05月16日 营业期限：2005年05月16日至长期 经营范围：高空作业品平台、多功能电力抢修平台、起重机械、建筑机械、液 压机械、叉车制造、加工、经销，金属材料、建筑材料、化工原料（除化学危险 ...

国枫律股字[2025]A0251 号 致：浙江鼎力机械股份有限公司（贵公司） 关于浙江鼎力机械股份有限公司 2024 年年度股东大会的 法律意见书 北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 3．本所及经办律师依据《证券法》《证券法律业务管理办法》《证券法律业务执 业规则》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格履行了法定 职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保证本法律意见所认 定的事实真实、准确、完整，所发表的结论性意见合法、准确，不存在虚假记载、误导 性陈述或者重大遗漏，并承担相应法律责任； 4．本法律意见书仅供贵公司本次会议之目的使用，不得用作任何其他用途。本所 律师同意将本法律意见书随贵公司本次会议决议一起予以公告。 本所律师根据《公司法》《证券法》《上市公司股东会规则》《证券法律业务管理 办法》《证券法律业务执业规则》等相关法律、行政法规、规章、规范性文件的要求， 按照律师行业公认的业务标准、道德规范和勤勉尽责精神，对贵公司 ...

浙江鼎力机械股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 证券代码：603338 证券简称：浙江鼎力 公告编号：2025-016 | 1、出席会议的股东和代理人人数 | 396 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 321,741,897 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 63.5416 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 会议由董事会召集，由董事长许树根先生主持，本次股东大会所采用的表决 方式是现场投票和网络投票相结合的方式。本次会议的召集、召开符合《公司法》 和《公司章程》等相关法律法规的规定。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)非累积投票议案 1、 议案名称：公司 2024 年度董事会工作报告 审议结果：通过 (一)股 ...

Core Insights - Zhejiang Dingli Machinery Co., Ltd. reported a revenue of 7.799 billion yuan for 2024, marking a year-on-year increase of 23.56%, while net profit attributable to shareholders decreased by 12.76% to 1.629 billion yuan [2] - The company focuses on the development, manufacturing, sales, and service of intelligent aerial work platforms, with a product range that includes arm, scissor, and mast series [2] - The arm series has become a key development area, generating 2.956 billion yuan in revenue for 2024, a growth of 20.84%, and accounting for 41.21% of main business income [2] - The overseas market for arm products has seen significant growth, with sales revenue increasing by 46.99% year-on-year [2] Product Development and Market Trends - Zhejiang Dingli has fully electrified its arm series products, becoming the first manufacturer globally to achieve mass production of high-reach, heavy-load, and modular electric arm platforms [2] - The shift towards electric platforms aligns with global trends in electrification and intelligence in the aerial work industry, enhancing the company's competitive position [3] - The scissor lift segment also contributed significantly, with revenue of 3.444 billion yuan in 2024, reflecting a year-on-year increase of 14.41% [3] - The company is the only global manufacturer to achieve mass production of oil-free, all-electric scissor platforms, which are characterized by low energy consumption and high safety [3] Financial Performance and Future Outlook - In the first quarter of 2025, Zhejiang Dingli reported a revenue of 1.898 billion yuan, a year-on-year increase of 30.72%, with net profit rising by 41.83% to 429 million yuan [4] - The chairman indicated that the significant growth in the first quarter was driven by proactive market expansion [4] - Looking ahead, the company aims to explore the integration of electric, green, digital, and unmanned technologies, while expanding its product matrix to include high-altitude work platforms combined with robotics [5]

Core Viewpoint - In Q1 2025, the company achieved a revenue growth of 31%, primarily driven by overseas markets, with CMEC's consolidation contributing to overseas revenue growth. The net profit attributable to the parent company increased by 42% year-on-year, with stable gross margins and improved net margins due to reduced one-time expenses from CMEC consolidation. The company made positive progress in overseas tax rates, securing a minimum tariff of 20.6% in the EU anti-dumping investigation, which enhances its export competitiveness. Additionally, the US-China Geneva trade talks exceeded expectations, leading to adjustments in tariffs on Chinese exports to the US, currently around 30%, benefiting the company's exports to the US [1]. Events - Event 1: In Q1 2025, the company reported a revenue of 1.898 billion yuan, a year-on-year increase of 30.72%, and a net profit of 429 million yuan, a year-on-year increase of 41.83% [2]. - Event 2: The EU's final ruling on the anti-dumping and countervailing investigation against mobile elevating work platforms from China resulted in the company obtaining a minimum tariff of 20.6% [2]. - Event 3: The US-China Geneva trade talks led to positive developments, including the modification of tariffs on Chinese goods, with a 24% tariff suspended for the initial 90 days and a remaining 10% tariff retained [2]. Commentary - The company experienced rapid revenue growth in Q1 2025, with a revenue of 1.898 billion yuan, up 30.72% year-on-year. The domestic market was in a seasonal downturn, while exports surged, driven by CMEC's consolidation and the company's active expansion into overseas markets, particularly in Europe and North America. The net profit attributable to the parent company was 429 million yuan, reflecting a year-on-year increase of 41.83%. The gross margin and net margin were 40.56% and 22.58%, respectively, with the gross margin remaining stable and the net margin improving due to reduced one-time expenses from CMEC consolidation [3]. Long-term Development Outlook - The company achieved a minimum tariff rate in the EU anti-dumping investigation, providing a competitive advantage for exports to Europe. The company effectively utilized its response strategy and detailed evidence to secure a 20.6% minimum tariff, while other Chinese brands faced tariffs ranging from 41.7% to 66.7%. Additionally, the US-China tariff negotiations yielded favorable outcomes for the company's US business, with current tariffs on exports to the US at approximately 30%. The company maintains strong product capabilities and is actively expanding its arm-type products, introducing various new products such as tunnel drilling robots and ship rust removal robots, contributing to new revenue streams [4]. Investment Projections - The company is projected to achieve revenues of 8.988 billion yuan, 10.126 billion yuan, and 11.429 billion yuan for the years 2025 to 2027, representing year-on-year growth rates of 15.25%, 12.66%, and 12.87%, respectively. The net profits attributable to the parent company are expected to be 2.002 billion yuan, 2.474 billion yuan, and 2.944 billion yuan, with year-on-year growth rates of 22.92%, 23.59%, and 18.98%. The corresponding price-to-earnings ratios are projected to be 12.21x, 9.88x, and 8.31x, maintaining a "buy" rating [5].