诺力智能装备股份有限公司 内部审计制度 （2025年8月修订） 第一章 总 则 第一条 为了加强诺力智能装备股份有限公司（以下简称"公司"）的内部审 计工作，根据《中华人民共和国会计法》、《中华人民共和国审计法》、《中华人 民共和国国家审计准则》、《诺力智能装备股份有限公司章程》、《企业内部控制 基本规范》、《上海证券交易所股票上市规则》的有关规定和要求，结合本公司实 际，制定本制度。 第二条 本制度所称内部审计，是指由公司内部审计机构或人员，对其内部控 制和风险管理的有效性、财务信息的真实性和完整性以及经营活动的效率和效果等开 展的一种评价活动。 第三条 本制度所称内部控制，是指公司董事会、高级管理人员及其他有关人 员为实现下列目标而提供合理保证的过程： （一）遵守国家法律、法规、规章及其他相关规定； （二）提高公司经营的效率和效果； （三）保障公司资产的安全。 第四条 内部审计遵循"独立、客观、公正"的原则，保证其工作合法、合理 有效，完善公司内部约束机制，加强内部管理，提高经济效益。 第五条 公司董事会对内部控制制度的建立健全和有效实施负责，重要的内部 控制制度应当经董事会审议通过。 公司董事、高级管理 ...

诺力智能装备股份有限公司 董事离职管理制度 第一章 总则 第一条 为规范诺力智能装备股份有限公司（以下简称"公司"或"诺力股 份"）董事离职相关事宜，确保公司治理结构的稳定性和连续性，维护公司及股 东的合法权益，公司根据《中华人民共和国公司法》（以下简称"《公司法》"） 等法律法规、规范性文件及《诺力智能装备股份有限公司章程》（以下简称"《公 司章程》"）的有关规定，结合公司实际情况，制定本制度。 第二条 本制度适用于公司董事（含独立董事）因任期届满、辞职、被解除 职务或其他原因离职的情形。 第二章 离职情形与程序 第三条 公司董事可以在任期届满以前辞职，董事辞职应当向公司提交书面 辞职报告，辞职报告中应说明辞职原因，公司收到辞职报告之日辞职生效，公司 将在两个交易日内披露有关情况。 第四条 如存在下列情形，在改选出的董事就任前，原董事仍应当依照法律、 行政法规、部门规章和《公司章程》的规定，继续履行董事职责，但存在相关法 规另有规定的除外： （一）董事任期届满未及时改选，或者董事在任期内辞任导致董事会成员低 于法定最低人数； （二）审计委员会成员辞任导致审计委员会成员低于法定最低人数，或者欠 缺会计专业人士 ...

第一章 总则 第一条 为进一步规范和完善诺力智能装备股份有限公司（以下简称"公司" 或"诺力股份"）的资金管理，防止和杜绝控股股东、实际控制人及其关联方占 用公司资金行为的发生，保护公司、股东和其他利益相关者的合法权益，根据《中 华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》 等法律、法规以及规范性文件和《诺力智能装备股份有限公司章程》（以下简称 "《公司章程》"）的有关规定，制定本制度。 第二条 公司董事和高级管理人员对维护公司资金安全负有法定义务。公司 控股股东、实际控制人及其关联方不得通过资金占用方式损害公司利益，侵害公 司财产权利，谋取公司商业机会。 第三条 本制度所称资金占用包括但不限于以下方式： （一）经营性资金占用：指控股股东、实际控制人及其关联方通过采购、销 售等生产经营环节的关联交易产生的资金占用； （二）非经营性资金占用：指公司为控股股东、实际控制人及其关联方垫付 工资、福利、保险、广告等费用和其他支出、为控股股东、实际控制人及其关联 方有偿或无偿直接或间接拆借资金、代偿债务及其他在没有商品和劳务对价情况 下提供给控股股东、实际控制人及其关联方使用的资金等。 第四 ...

第一条 为规范诺力智能装备股份有限公司（以下简称"公司"）与控股股东、 实际控制人及其他关联方（以下统称"公司关联方"）的资金往来，避免公司关联方 占用公司资金，建立防范公司关联方占用公司资金的长效机制，根据《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8号——上市公司 资金往来、对外担保的监管要求》、《上海证券交易所股票上市规则》及《诺力智能 装备股份有限公司章程》（以下简称"《公司章程》"）、《诺力智能装备股份有限 公司关联交易管理办法》（以下简称"《关联交易管理办法》"）等有关文件规定，特 制订本制度。 第二条 本制度所称资金占用，包括经营性资金占用和非经营性资金占用两种情况。 诺力智能装备股份有限公司 关于规范与关联方资金往来的管理制度 第一章 总 则 第三条 公司及纳入公司合并会计报表范围的子公司与公司关联方之间的资金往来 适用本制度。除本条规定外，本制度所称公司均指公司及纳入公司合并会计报表范围的子 公司。 第四条 公司应规范并尽可能的减少关联交易，在处理与公司关联方之间的经营性 资金往来时，应当严格限制公司关联方占用公司资金。 第五条 公司董事、高级管理人员及下属各子 ...

[Definitions](index=5&type=section&id=第一节%20释义) This section defines common terms, company entities, and the reporting period from January 1, 2025, to June 30, 2025 [Definitions of Common Terms](index=5&type=section&id=常用词语释义) The report defines common terms such as company, subsidiaries, related entities, and currency units, clarifying the reporting period from January 1, 2025, to June 30, 2025 - Reporting period defined as January 1, 2025, to June 30, 2025[14](index=14&type=chunk) [Professional Terminology](index=5&type=section&id=专业术语) This section provides detailed explanations of professional terms related to the company's business, such as industrial vehicles, forklifts, automated stereo warehouses, AGV, WMS, and MES, laying a foundation for understanding the report content - Explains core product terms like industrial vehicles, motorized industrial vehicles, light and small handling vehicles, forklifts, new energy forklifts, electric forklifts, and internal combustion forklifts[15](index=15&type=chunk)[16](index=16&type=chunk) - Defines smart logistics system terms such as automated stereo warehouses, stackers, conveyors, sorters, AGV, and RGV[16](index=16&type=chunk) - Explains WMS, WCS, MES, and ERP management system terms[16](index=16&type=chunk)[17](index=17&type=chunk) [Company Profile and Key Financial Indicators](index=8&type=section&id=第二节%20公司简介和主要财务指标) This section provides an overview of the company's basic information, contact details, stock profile, and key financial performance metrics for the reporting period [Company Information](index=8&type=section&id=一、%20公司信息) This section discloses the company's Chinese name, abbreviation, foreign name, acronym, and legal representative Ding Yi - Company's Chinese name is Noblelift Intelligent Equipment Co., Ltd., legal representative is Ding Yi[19](index=19&type=chunk) [Contact Person and Information](index=8&type=section&id=二、%20联系人和联系方式) This section provides contact addresses, phone numbers, faxes, and email addresses for Board Secretary Ding Yi and Securities Affairs Representative Jin Wanyi - Board Secretary is Ding Yi, Securities Affairs Representative is Jin Wanyi, contact address is No 528 Changzhou Road, Taihu Street, Changxing County, Zhejiang Province[20](index=20&type=chunk) [Brief Introduction to Changes in Basic Information](index=8&type=section&id=三、%20基本情况变更简介) The company's registered and office address is No 528 Changzhou Road, Taihu Street, Changxing County, Zhejiang Province, with no historical changes - Company's registered and office address has no historical changes, website is www.noblelift.com[21](index=21&type=chunk) [Brief Introduction to Changes in Information Disclosure and Document Custody Locations](index=8&type=section&id=四、%20信息披露及备置地点变更情况简介) This section designates "China Securities Journal", "Shanghai Securities News", "Securities Times" as information disclosure newspapers, and www.sse.com as the website - Information disclosure newspapers are "China Securities Journal", "Shanghai Securities News", "Securities Times", website is www.sse.com[22](index=22&type=chunk) [Company Stock Overview](index=8&type=section&id=五、%20公司股票简况) The company's A-shares are listed on the Shanghai Stock Exchange, stock abbreviation is Noblelift, code 603611 - Company stock is A-shares, listed on the Shanghai Stock Exchange, stock code 603611[23](index=23&type=chunk) [Company's Key Accounting Data and Financial Indicators](index=8&type=section&id=七、%20公司主要会计数据和财务指标) During the reporting period, the company's total assets and net assets both increased, but operating revenue decreased by 7.40% year-on-year, while net profit attributable to parent and non-recurring net profit attributable to parent increased by 2.28% and 9.79% respectively, and net cash flow from operating activities significantly increased by 147.85% 2025 Semi-Annual Key Accounting Data | Indicator | Current Reporting Period (Jan-Jun) | Prior Year Period | Period-on-Period Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 3,215,009,648.12 | 3,472,038,388.30 | -7.40 | | Total Profit | 294,658,347.53 | 291,518,668.29 | 1.08 | | Net Profit Attributable to Listed Company Shareholders | 245,866,896.76 | 240,377,359.84 | 2.28 | | Net Profit Attributable to Listed Company Shareholders Excluding Non-Recurring Gains and Losses | 218,420,574.96 | 198,937,246.56 | 9.79 | | Net Cash Flow from Operating Activities | 57,664,350.44 | -120,503,355.64 | 147.85 | | **Indicator** | **End of Current Reporting Period** | **End of Prior Year** | **Period-End vs Prior Year-End Change (%)** | | Net Assets Attributable to Listed Company Shareholders | 2,997,892,990.77 | 2,939,498,046.90 | 1.99 | | Total Assets | 9,093,056,438.92 | 8,825,237,085.89 | 3.03 | 2025 Semi-Annual Key Financial Indicators | Indicator | Current Reporting Period (Jan-Jun) | Prior Year Period | Period-on-Period Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (CNY/share) | 0.95 | 0.93 | 2.15 | | Diluted Earnings Per Share (CNY/share) | 0.95 | 0.93 | 2.15 | | Basic Earnings Per Share Excluding Non-Recurring Gains and Losses (CNY/share) | 0.85 | 0.77 | 10.39 | | Weighted Average Return on Net Assets (%) | 7.97 | 8.72 | Decrease of 0.75 percentage points | | Weighted Average Return on Net Assets Excluding Non-Recurring Gains and Losses (%) | 7.08 | 7.22 | Decrease of 0.14 percentage points | [Non-Recurring Gains and Losses Items and Amounts](index=9&type=section&id=九、%20非经常性损益项目和金额) During the reporting period, the company's total non-recurring gains and losses amounted to CNY 27,446,321.80, primarily including government subsidies, gains/losses from disposal of non-current assets, and fair value changes 2025 Semi-Annual Non-Recurring Gains and Losses Items | Non-Recurring Gains and Losses Item | Amount (CNY) | | :--- | :--- | | Gains and losses from disposal of non-current assets | 4,051,611.19 | | Government grants recognized in current profit or loss | 15,952,121.59 | | Gains and losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains and losses from disposal of financial assets and liabilities, excluding hedging activities | 2,942,581.44 | | Other non-operating income and expenses | 7,674,050.93 | | Less: Income tax impact | 3,093,766.10 | | Impact on minority interests (after tax) | 80,277.25 | | **Total** | **27,446,321.80** | [Management Discussion and Analysis](index=11&type=section&id=第三节%20管理层讨论与分析) This section discusses the company's industry, main business, operational performance, core competitiveness, and potential risks during the reporting period [Explanation of the Company's Industry and Main Business During the Reporting Period](index=11&type=section&id=一、报告期内公司所属行业及主营业务情况说明) The company has transformed from a traditional material handling equipment manufacturer to a comprehensive solution and service provider for intelligent internal logistics systems, focusing on the internal logistics industry, developing intelligent manufacturing equipment and smart logistics systems, and actively deploying emerging industries such as embodied intelligent robots - Company strategically positioned as a "comprehensive solution and service provider for intelligent internal logistics systems across all domains", significantly enhancing core competitiveness[32](index=32&type=chunk) - Company's industrial development goal is "focusing on one industry, developing two major businesses, and deploying emerging industries", namely focusing on internal logistics, developing intelligent manufacturing equipment and smart logistics systems, and expanding into cutting-edge fields such as intelligent manufacturing, industrial IoT, AI, and embodied intelligent robots[33](index=33&type=chunk) - The main structure of the Phase V intelligent factory project has been topped out, expected to start trial production in Q4 2025, which will increase capacity and support the industrialization of emerging technologies[33](index=33&type=chunk) [Intelligent Manufacturing Equipment Business Segment](index=11&type=section&id=%28一%29智能智造装备业务板块) This segment primarily engages in the R&D, manufacturing, sales, and service of various logistics equipment, with a product line including full series industrial vehicles (e.g., electric counterbalance forklifts, electric warehouse forklifts, electric tow tractors) and fork AGVs, embodied intelligent robots, achieving excellent results in unmanned forklift application scenario competitions - Core product lines include full series industrial vehicles (electric counterbalance forklifts, electric ride-on/walkie warehouse forklifts, electric tow tractors) and fork AGVs, embodied intelligent robots[33](index=33&type=chunk) - The company's jointly developed project "Key Technologies and Industrial Application of Logistics Robots in Complex Scenarios" passed scientific and technological achievement appraisal[33](index=33&type=chunk) - APT15 pallet handling AGV and PS15-CB counterbalance AGV both won first place in the overall score at the first global unmanned forklift application scenario competition[33](index=33&type=chunk) [Smart Logistics System Business Segment](index=11&type=section&id=%28二%29智慧物流系统业务板块) This segment provides customized internal logistics overall solutions to customers, covering solution design, equipment manufacturing, installation and commissioning, and after-sales service, possessing core equipment R&D, software management system development, and system integration capabilities, aiming to achieve automation, informatization, and intelligence of logistics processes - Provides customized, intelligent internal logistics overall solutions integrating solution design, digital twin, equipment manufacturing, installation and commissioning, and after-sales service[35](index=35&type=chunk) - The company is one of the few original equipment manufacturer (OEM) type companies in the industry with capabilities in smart logistics system core equipment R&D, automated logistics software management system development, equipment manufacturing, installation and commissioning, and project management[35](index=35&type=chunk) - Solutions aim to achieve automation, informatization, and intelligence of logistics transportation processes such as material inbound/outbound, storage, unmanned conveying and handling, production, sorting and picking, distribution, production feeding/unloading, and data analysis[35](index=35&type=chunk) [Discussion and Analysis of Operations](index=16&type=section&id=二、经营情况的讨论与分析) In H1 2025, the company's total assets and net assets grew, operating revenue decreased, but net profit attributable to parent and non-recurring net profit attributable to parent increased, while intelligent manufacturing equipment business orders were stable, R&D made breakthroughs, and operational efficiency improved, and smart logistics system business strengthened technological innovation and energy efficiency management, with performance driven by national policy support, the "big vehicle" strategy, product structure optimization, sales system improvement, and accelerated digital transformation - In H1 2025, total assets were **CNY 9.093 billion** (+3.03%), net assets attributable to parent were **CNY 2.998 billion** (+1.99%)[49](index=49&type=chunk) - Operating revenue was **CNY 3.215 billion** (-7.4%), net profit attributable to parent was **CNY 246 million** (+2.28%), non-recurring net profit attributable to parent was **CNY 218 million** (+9.79%)[49](index=49&type=chunk) [Operational Analysis of Intelligent Manufacturing Equipment Business Segment](index=16&type=section&id=1、智能智造装备业务板块) Demand for intelligent manufacturing equipment business orders remained stable, overseas market expansion met expectations, and orders for large vehicle categories such as electric counterbalance forklifts increased, while the company increased R&D investment, especially achieving breakthroughs in embodied intelligent robots, and continuously optimized operational efficiency and accelerated new product iteration, consolidating the effectiveness of its "big vehicle" strategy - Deep cultivation in advantageous overseas markets, expansion into emerging markets like Southeast Asia met expectations[49](index=49&type=chunk) - Orders for large vehicle categories such as electric counterbalance forklifts (Class I) and electric ride-on warehouse forklifts (Class II) showed stable growth[49](index=49&type=chunk) - Key focus on embodied intelligent robots, establishing a "Joint Laboratory for Embodied Intelligent Logistics Robots" with Zhejiang University Robotics Research Institute[49](index=49&type=chunk) [Operational Analysis of Smart Logistics System Business Segment](index=17&type=section&id=2、智慧物流系统业务板块) The smart logistics integration business segment increased technological innovation and R&D efforts during the reporting period, achieving patent and software copyright results, and through team optimization, talent introduction, and management synergy, strategic alignment and development positioning for domestic and overseas subsidiaries were achieved, significantly improving engineering implementation capabilities and energy efficiency - Smart logistics integration segment increased technological innovation and R&D efforts, achieving new results in patent applications and grants, software copyrights, and other intellectual property[51](index=51&type=chunk) - Through team optimization, talent introduction, management optimization, and synergy, strategic alignment and development positioning for domestic and overseas subsidiaries were achieved[51](index=51&type=chunk) - Engineering implementation capabilities and energy efficiency of the smart logistics integration business significantly improved[51](index=51&type=chunk) [Performance Driving Factors in H1 2025](index=17&type=section&id=3、2025年上半年度业绩驱动因素) The company's performance was driven by stable national economic operation, stable exports of intelligent manufacturing equipment, and national policy support for large-scale equipment renewal and technological transformation, specifically reflected in the significant achievements of the "big vehicle" strategy in intelligent manufacturing equipment business, expansion into new industries by the smart logistics segment, continuous improvement in sales system and brand influence, and accelerated digital transformation - National economy operated steadily with progress, and exports of intelligent manufacturing equipment performed stably[52](index=52&type=chunk) - National policies such as "Action Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in" and "Guidelines for Equipment Renewal and Technological Transformation in Key Industrial Sectors" provided market opportunities for the company[52](index=52&type=chunk) - The "big vehicle" strategy in intelligent manufacturing equipment business showed obvious results, with rapid growth in large electric forklifts and continuous optimization of product structure[52](index=52&type=chunk) [Analysis of Core Competitiveness During the Reporting Period](index=19&type=section&id=三、报告期内核心竞争力分析) The company's core competitiveness is reflected in four aspects: technological innovation, industrial layout, brand, and talent team, with continuous R&D investment, multiple provincial and ministerial honors and patents, joint laboratory establishment with universities, a full industry chain layout for internal logistics systems, a "China Well-known Trademark" and iF Design Award, and a reasonable talent structure and high-end R&D team - The company possesses national enterprise technology centers, national industrial design centers, postdoctoral research workstations, and other scientific research platforms, and maintains long-term cooperation with multiple universities[61](index=61&type=chunk) - In 2025, the company jointly established the "Joint Laboratory for Embodied Intelligent Logistics Robots" with Zhejiang University Robotics Research Institute to promote innovation and application of intelligent logistics technology[61](index=61&type=chunk) - As of end of June 2025, the company held **654 valid patents** (including **173 invention patents**), with **29 patent authorizations** obtained in H1 this year[61](index=61&type=chunk) [Key Operating Performance During the Reporting Period](index=21&type=section&id=四、报告期内主要经营情况) During the reporting period, the company's operating revenue decreased by 7.40% year-on-year, operating costs decreased by 8.88%, financial expenses significantly decreased by 288.37% due to increased exchange gains, and net cash flow from operating activities significantly increased by 147.85% 2025 Semi-Annual Key Financial Statement Item Changes | Item | Current Period Amount (CNY) | Prior Year Period Amount (CNY) | Change Ratio (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 3,215,009,648.12 | 3,472,038,388.30 | -7.40 | | Operating Cost | 2,492,877,680.94 | 2,735,670,495.04 | -8.88 | | Selling Expenses | 158,329,531.99 | 164,840,134.06 | -3.95 | | Administrative Expenses | 180,351,597.73 | 174,365,836.53 | 3.43 | | Financial Expenses | -95,279,007.03 | -24,532,789.40 | -288.37 | | R&D Expenses | 128,975,075.60 | 124,323,866.57 | 3.74 | | Net Cash Flow from Operating Activities | 57,664,350.44 | -120,503,355.64 | 147.85 | | Net Cash Flow from Investing Activities | -269,471,301.12 | -236,395,484.78 | -13.99 | | Net Cash Flow from Financing Activities | -52,867,812.96 | 198,499,656.29 | -126.63 | - Financial expenses significantly decreased primarily due to increased exchange gains from exchange rate fluctuations in the current period[68](index=68&type=chunk) - Net cash flow from operating activities increased primarily due to increased cash received from sales of goods and provision of services in the current period[68](index=68&type=chunk) [Analysis of Assets and Liabilities](index=22&type=section&id=%28三%29%20资产、负债情况分析) At the end of the reporting period, the company's total assets and net assets both increased, with significant growth in trading financial assets, other receivables, long-term equity investments, construction in progress, right-of-use assets, and other non-current assets, primarily influenced by short-term wealth management, equity disposal, joint venture investments, factory construction, and finance leases, while notes payable, other payables, and long-term borrowings decreased, and non-current liabilities due within one year and lease liabilities significantly increased, with overseas assets accounting for 29.40% of total assets 2025 Semi-Annual Asset and Liability Status Changes | Item Name | Current Period-End Amount (CNY) | Current Period-End % of Total Assets | Prior Year-End Amount (CNY) | Prior Year-End % of Total Assets | Period-End vs Prior Year-End Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Trading Financial Assets | 367,756,848.83 | 4.04 | 251,496,834.65 | 2.85 | 46.23 | Increase in balance of short-term wealth management products | | Other Receivables | 148,266,762.06 | 1.63 | 112,083,432.03 | 1.27 | 32.28 | Increase in receivables from equity transfer due to equity disposal | | Other Current Assets | 158,564,510.72 | 1.74 | 100,551,973.54 | 1.14 | 57.69 | Increase in prepaid taxes and input VAT to be deducted | | Long-Term Equity Investments | 14,438,644.27 | 0.16 | 1,902,939.22 | 0.02 | 658.75 | Increase in investments in associates | | Construction in Progress | 264,638,206.77 | 2.91 | 185,814,272.45 | 2.11 | 42.42 | Increase in investment in intelligent logistics equipment future factory project under construction | | Right-of-Use Assets | 418,629,245.28 | 4.60 | 94,455,879.13 | 1.07 | 343.20 | SAVOYE France leased factory buildings under finance lease | | Other Non-Current Assets | 23,812,431.48 | 0.26 | 3,603,202.74 | 0.04 | 560.87 | Increase in payment of equity investment intention deposit | | Notes Payable | 437,439,854.29 | 4.81 | 702,463,546.50 | 7.96 | -37.73 | Decrease in balance of notes payable not yet due at period-end | | Other Payables | 57,674,147.51 | 0.63 | 82,413,518.99 | 0.93 | -30.02 | Decrease in balance of deposits and guarantees at period-end | | Non-Current Liabilities Due Within One Year | 392,552,226.82 | 4.32 | 128,121,949.60 | 1.45 | 206.39 | Increase in balance of long-term borrowings due within one year | | Long-Term Borrowings | 155,123,953.57 | 1.71 | 295,967,023.10 | 3.35 | -47.59 | Decrease in balance of long-term borrowings due in over one year | | Lease Liabilities | 365,751,406.62 | 4.02 | 74,656,592.97 | 0.85 | 389.91 | SAVOYE France leased factory buildings under finance lease | | Deferred Income Tax Liabilities | 26,095,867.82 | 0.29 | 6,494,101.65 | 0.07 | 301.84 | Increase in deferred income tax liabilities arising from taxable temporary differences | - Overseas assets amounted to **CNY 2.673 billion**, accounting for **29.40%** of total assets[70](index=70&type=chunk) Major Asset Restrictions as of the End of the Reporting Period | Item | Period-End Balance (CNY) | Reason for Restriction | | :--- | :--- | :--- | | Cash and Cash Equivalents | 150,870,384.26 | Notes margin, letter of guarantee margin, futures margin, restricted funds, etc | | Accounts Receivable Financing | 53,517.00 | Used for issuing bank acceptance bills | | Intangible Assets | 78,929,796.65 | Used for mortgage loans | [Analysis of Investment Status](index=23&type=section&id=%28四%29%20投资状况分析) During the reporting period, the company made several equity investments and disposals, selling equity in Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd. and Wuxi Senheda Intelligent Equipment Co., Ltd., and subscribing for 35.06% of Noblelift Canada Inc., with the fair value of financial assets measured at fair value at the end of the period being CNY 553,553,646.83, an increase from the beginning of the period - The company transferred equity in its controlling subsidiary Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd for **CNY 4.8617 million**, with the transaction completed[73](index=73&type=chunk) - Controlling subsidiary Zhongding Intelligent transferred **100%** equity in its controlling subsidiary Senheda Company for **CNY 28.2 million**, with the transaction completed[73](index=73&type=chunk) - Controlling subsidiary Noblelift Singapore Company subscribed for **35.06%** shares of NOBLELIFT CANADA INC for **CNY 14.0586 million**, with the industrial and commercial change completed[73](index=73&type=chunk) Financial Assets Measured at Fair Value | Asset Category | Beginning-of-Period Amount (CNY) | Period-End Amount (CNY) | | :--- | :--- | :--- | | Financial assets classified as measured at fair value through profit or loss | 457,016,042.43 | 553,553,646.83 | | **Total** | **457,016,042.43** | **553,553,646.83** | [Analysis of Major Holding and Participating Companies](index=24&type=section&id=%28六%29%20主要控股参股公司分析) During the reporting period, the company's major holding subsidiaries Zhongding Intelligent, Shanghai Noblelift, and Changxing Yongxuan achieved profitability, while Noblelift Malaysia, Shanghai Xingnuo Investment, and SAVOYE France incurred losses, and the company disposed of Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd. and Wuxi Senheda Intelligent Equipment Co., Ltd., and acquired equity in Noblelift Canada Inc., with these changes having no significant impact on overall production, operations, and performance Major Holding and Participating Company Financial Data (End of June 2025) | Subsidiary Name | Registered Capital | Company's Shareholding Ratio (%) | Total Assets as of June 2025 (CNY 10,000) | Net Profit for H1 2025 (CNY 10,000) | | :--- | :--- | :--- | :--- | :--- | | Zhongding Intelligent (Wuxi) Technology Co., Ltd. | CNY 120 million | 99.6 | 267,819.57 | 6,628.74 | | Noblelift Malaysia Sdn Bhd | MYR 10 million | 90 | 13,275.66 | -441.11 | | Shanghai Noblelift Intelligent Technology Co., Ltd. | CNY 50 million | 100 | 12,860.76 | 260.15 | | Shanghai Xingnuo Investment Management Co., Ltd. | CNY 100 million | 100 | 6,362.77 | -463.49 | | SAVOYE France | EUR 2,636,158.72 | 100 | 134,128.36 | -3,426.73 | | Changxing Yongxuan Machinery Co., Ltd. | CNY 50 million | 70 | 15,246.86 | 634.50 | Acquisition and Disposal of Subsidiaries During the Reporting Period | Company Name | Method of Acquisition and Disposal of Subsidiaries During the Reporting Period | Impact on Overall Production, Operations, and Performance | | :--- | :--- | :--- | | Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd. | Sale of equity | No significant impact | | Wuxi Senheda Intelligent Equipment Co., Ltd. | Sale of equity | No significant impact | | Noblelift Canada Inc | Purchase of equity | No significant impact | [Potential Risks](index=24&type=section&id=%28一%29%20可能面对的风险) The company faces major risks including reduced demand due to economic downturn in overseas markets, exchange rate fluctuations, accounts receivable management and collection, management risks from resource integration and scale expansion, operating performance fluctuations in the smart logistics system business, and increased costs due to raw material price fluctuations, with the company having proposed response strategies for each risk - Economic downturn in major export regions may lead to reduced demand; the company will respond by implementing a "big vehicle" strategy, expanding into emerging markets, improving sales channels, and upgrading products[78](index=78&type=chunk) - Exchange rate fluctuations significantly impact the company's financial position; the company will appropriately engage in foreign exchange derivative businesses such as forward foreign exchange settlement and sales to mitigate risks[78](index=78&type=chunk) - The scale of accounts receivable increases with operating revenue, posing a risk of non-collection; the company will improve internal controls, optimize credit standards, and strengthen collection efforts[78](index=78&type=chunk) [Corporate Governance, Environment, and Society](index=27&type=section&id=第四节%20公司治理、环境和社会) This section covers changes in the company's directors and senior management, profit distribution plans, environmental information disclosure, and efforts in poverty alleviation and rural revitalization [Changes in Company Directors and Senior Management](index=27&type=section&id=一、公司董事、高级管理人员变动情况) During the reporting period, Mr Chen Lisheng resigned as Deputy General Manager and Director, and Mr Dai Wenbin resigned as Deputy General Manager and Board Secretary, while the company also resolved at the shareholders' meeting to abolish the supervisory board, and Wu Wangying, Zheng Wenming, and Guan Yuting no longer served as supervisors - Mr Chen Lisheng resigned as Deputy General Manager and Director due to work changes[84](index=84&type=chunk) - Mr Dai Wenbin resigned as Deputy General Manager and Board Secretary due to work changes[84](index=84&type=chunk) - The company's 2024 Annual General Meeting of Shareholders approved the proposal to abolish the supervisory board, and Wu Wangying, Zheng Wenming, and Guan Yuting no longer served as supervisors[84](index=84&type=chunk) [Profit Distribution or Capital Reserve Conversion Plan](index=27&type=section&id=二、利润分配或资本公积金转增预案) This semi-annual report does not include a profit distribution plan or capital reserve conversion to share capital plan - This reporting period does not apply to profit distribution or capital reserve conversion to share capital plans[85](index=85&type=chunk) [Environmental Information of Listed Companies and Their Major Subsidiaries Included in the List of Enterprises Required to Disclose Environmental Information by Law](index=27&type=section&id=四、纳入环境信息依法披露企业名单的上市公司及其主要子公司的环境信息情况) Noblelift Intelligent Equipment Co., Ltd is included in the list of enterprises required to disclose environmental information by law, and a query index is provided - Noblelift Intelligent Equipment Co., Ltd is included in the list of enterprises required to disclose environmental information by law[86](index=86&type=chunk) - The query index for the environmental information disclosure report is https://mlzj.sthjt.zj.gov.cn/eps/index/enterprise-search[86](index=86&type=chunk) [Specifics of Consolidating and Expanding Poverty Alleviation Achievements, Rural Revitalization, and Other Work](index=27&type=section&id=五、巩固拓展脱贫攻坚成果、乡村振兴等工作具体情况) In H1 2025, the company actively participated in social welfare, donating CNY 709,000 to assist 37 individuals through the "Great Love for Illness Relief" initiative, visiting 125 disadvantaged households before the Spring Festival and donating CNY 225,000, and also visiting 37 disadvantaged employees and donating CNY 208,000 - Participated in the "Great Love for Illness Relief" initiative, donating **CNY 709,000** to assist **37 individuals**[86](index=86&type=chunk) - Visited **125 disadvantaged households** before the Spring Festival, donating **CNY 225,000**[87](index=87&type=chunk) - Conducted "3+3" visits to disadvantaged employees, donating **CNY 208,000**[87](index=87&type=chunk) [Significant Matters](index=29&type=section&id=第五节%20重要事项) This section details the fulfillment of commitments, major related-party transactions, and significant guarantees during the reporting period [Fulfillment of Commitments](index=29&type=section&id=一、承诺事项履行情况) The company's actual controller, shareholders, related parties, and the company's directors and senior management strictly fulfilled all commitments regarding resolving related-party transactions, resolving horizontal competition, share lock-up, and share price stability during the reporting period, and these commitments remain long-term and continuously effective - Actual controller Zhang Ke committed to strictly follow related-party transaction decision-making procedures and bear liability for breach of contract[89](index=89&type=chunk) - Actual controller Ding Yi committed to continue fulfilling commitments to standardize related-party transactions and resolve horizontal competition, and bear liability for breach of contract[89](index=89&type=chunk)[91](index=91&type=chunk) - The company, Zhang Ke, Zhang Yaoming, and Zhang Yuanchao committed to ensure Zhongding Intelligent does not provide external guarantees to third parties outside the scope of consolidated financial statements[89](index=89&type=chunk)[90](index=90&type=chunk) [Major Related-Party Transactions](index=37&type=section&id=十、重大关联交易) The company's 2024 Annual General Meeting of Shareholders approved the proposal for estimated daily related-party transactions in 2025, which have been disclosed in interim announcements during the reporting period with no subsequent progress or changes - The 2024 Annual General Meeting of Shareholders approved the proposal for estimated daily related-party transactions in 2025[98](index=98&type=chunk) [Major Guarantees Performed and Unfulfilled During the Reporting Period](index=39&type=section&id=%28二%29%20报告期内履行的及尚未履行完毕的重大担保情况) At the end of the reporting period, the company's total external guarantees amounted to CNY 372.184 million, accounting for 12.41% of the company's net assets, with guarantees to subsidiaries amounting to CNY 350 million, and debt guarantees provided to guaranteed parties with an asset-liability ratio exceeding 70% amounting to CNY 370.1 million Company's External Guarantees (Excluding Guarantees to Subsidiaries) | Guarantor | Guaranteed Party | Guarantee Amount (CNY 10,000) | Guarantee Start Date | Guarantee End Date | Has Guarantee Been Fulfilled | Is it a Related-Party Guarantee | Related-Party Relationship | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Noblelift Intelligent Equipment Co., Ltd. | Noblelift (Chengdu) Forklift Sales Co., Ltd. | 36.22 | 2024/12/16 | 2025/11/21 | No | Yes | Associate | | Noblelift Intelligent Equipment Co., Ltd. | Shenzhen Noblelift Forklift Co., Ltd. | 30.00 | 2024/12/31 | 2025/12/21 | No | No | Other | | Noblelift Intelligent Equipment Co., Ltd. | Noblelift (Chengdu) Forklift Sales Co., Ltd. | 13.78 | 2024/12/31 | 2025/12/21 | No | Yes | Associate | | Total Guarantee Amount Incurred During the Reporting Period (Excluding Guarantees to Subsidiaries) | | 2,218.40 | | | | | | | Total Guarantee Balance at Period-End (A) (Excluding Guarantees to Subsidiaries) | | 2,218.40 | | | | | | Company's Total Guarantees (Including Guarantees to Subsidiaries) | Indicator | Amount (CNY 10,000) | Ratio (%) | | :--- | :--- | :--- | | Total Guarantees (A+B) | 37,218.40 | 12.41 | | Of which: Total Guarantees to Subsidiaries (B) | 35,000.00 | | | Debt Guarantees Provided Directly or Indirectly to Guaranteed Parties with Asset-Liability Ratio Exceeding 70% (D) | 37,010.00 | | [Share Changes and Shareholder Information](index=42&type=section&id=第六节%20股份变动及股东情况) This section provides an overview of the company's share capital changes, shareholder structure, and the shareholdings of directors and senior management [Share Capital Changes](index=42&type=section&id=一、股本变动情况) During the reporting period, the company's total share capital and share capital structure remained unchanged, with historical changes including initial public offering, capital reserve conversion, share issuance for major asset restructuring, and restricted stock incentive plans - During the reporting period, the company's total share capital and share capital structure remained unchanged[106](index=106&type=chunk) - Historical changes in the company's share capital include an initial public offering of **20 million shares** in 2015, bringing total share capital to **80 million shares**; increasing to **160 million shares** after capital reserve conversion in 2015; increasing to **185,837,539 shares** after share issuance for major asset restructuring in 2017; increasing to **191,402,539 shares** after the restricted stock incentive plan in 2017; increasing to **267,963,554 shares** after capital reserve conversion in 2018, and then changing to **267,675,854 shares** after repurchasing and canceling some restricted shares; changing to **267,535,854 shares** after repurchasing and canceling some restricted shares in 2019; changing to **267,184,734 shares** after repurchasing and canceling some restricted shares in 2020; and changing to **257,600,791 shares** after canceling shares from the repurchase special account in 2023[107](index=107&type=chunk)[108](index=108&type=chunk) [Shareholder Information](index=42&type=section&id=二、股东情况) As of the end of the reporting period, the total number of common shareholders was 18,962, with Ding Yi holding 28.17% as the largest shareholder, and natural person shareholders such as Ding Sheng, Zhang Ke, Mao Ying, and Hong Kong Securities Clearing Company Limited also listed, and Ding Yi, Ding Sheng, Mao Ying, and Wang Xinhua having related-party relationships - As of the end of the reporting period, the total number of common shareholders was **18,962**[108](index=108&type=chunk) Top Ten Shareholders' Shareholding as of the End of the Reporting Period | Shareholder Name | Period-End Shareholding (shares) | Ratio (%) | Restricted Shares Held (shares) | Pledged, Marked, or Frozen Status (shares) | Shareholder Nature | | :--- | :--- | :--- | :--- | :--- | :--- | | Ding Yi | 72,567,657 | 28.17 | 0 | Pledged 13,200,000 | Domestic Natural Person | | Ding Sheng | 12,999,686 | 5.05 | 0 | Pledged 4,900,000 | Domestic Natural Person | | Zhang Ke | 6,869,756 | 2.67 | 0 | None 0 | Domestic Natural Person | | Mao Ying | 5,985,000 | 2.32 | 0 | None 0 | Domestic Natural Person | | Hong Kong Securities Clearing Company Limited | 5,603,727 | 2.18 | 0 | None 0 | Unknown | | Wang Xinhua | 3,500,000 | 1.36 | 0 | None 0 | Domestic Natural Person | | Weng Renyuan | 2,626,200 | 1.02 | 0 | None 0 | Domestic Natural Person | | Zhong Ou Fund - China Life Insurance Co., Ltd. - Dividend Insurance - Zhong Ou Fund China Life Shares Growth Stock Portfolio Single Asset Management Plan (Available for Sale) | 2,371,604 | 0.92 | 0 | None 0 | Unknown | | Zhong Ou Fund - China Life Insurance Co., Ltd. - Traditional Insurance - Zhong Ou Fund China Life Shares Growth Stock Traditional Available for Sale Single Asset Management Plan | 2,371,294 | 0.92 | 0 | None 0 | Unknown | | Zhou Xuejun | 2,300,060 | 0.89 | 0 | None 0 | Domestic Natural Person | - Ding Sheng is Ding Yi's son, Mao Ying is Ding Yi's spouse, and Wang Xinhua is Ding Yi's brother-in-law, indicating related-party relationships[110](index=110&type=chunk) [Directors and Senior Management Information](index=44&type=section&id=三、董事和高级管理人员情况) During the reporting period, there were no changes in the shareholdings of the company's current directors and senior management, with key management members such as Ding Yi, Mao Ying, Ding Sheng, and Zhong Suoming all holding company shares Changes in Shareholdings of Current and Resigned Directors and Senior Management During the Reporting Period | Name | Position | Beginning-of-Period Shareholding (shares) | Period-End Shareholding (shares) | Change in Shareholding During the Reporting Period (shares) | | :--- | :--- | :--- | :--- | :--- | | Ding Yi | Chairman | 72,567,657 | 72,567,657 | 0 | | Mao Ying | Director, General Manager | 5,985,000 | 5,985,000 | 0 | | Ding Sheng | Director, Deputy General Manager | 12,999,686 | 12,999,686 | 0 | | Zhong Suoming | Director, Deputy General Manager | 1,163,500 | 1,163,500 | 0 | | Liu Yunhua | Deputy General Manager | 78,800 | 78,800 | 0 | | Chen Lisheng (Resigned) | Director, Deputy General Manager | 336,000 | 336,000 | 0 | [Bond-Related Information](index=45&type=section&id=第七节%20债券相关情况) This section confirms that the company had no corporate bonds, non-financial enterprise debt financing instruments, or convertible corporate bonds during the reporting period [Corporate Bonds (Including Enterprise Bonds) and Non-Financial Enterprise Debt Financing Instruments](index=45&type=section&id=一、公司债券%28含企业债券%29和非金融企业债务融资工具) During the reporting period, the company had no corporate bonds or non-financial enterprise debt financing instruments - Not applicable to corporate bonds (including enterprise bonds) and non-financial enterprise debt financing instruments[114](index=114&type=chunk) [Convertible Corporate Bonds](index=45&type=section&id=二、可转换公司债券情况) During the reporting period, the company had no convertible corporate bonds - Not applicable to convertible corporate bonds[114](index=114&type=chunk) [Financial Report](index=46&type=section&id=第八节%20财务报告) This section presents the company's unaudited financial statements, including balance sheets, income statements, cash flow statements, and statements of changes in owners' equity, along with notes on accounting policies, taxes, and other significant financial details [Audit Report](index=46&type=section&id=一、审计报告) This semi-annual report is unaudited - This semi-annual report is unaudited[116](index=116&type=chunk) [Financial Statements](index=46&type=section&id=二、财务报表) This section includes the company's consolidated and parent company balance sheets, income statements, and cash flow statements for H1 2025, as well as consolidated and parent company statements of changes in owners' equity, comprehensively reflecting the financial position and operating results at the end of the reporting period - Provides consolidated balance sheet, parent company balance sheet, consolidated income statement, parent company income statement, consolidated cash flow statement, parent company cash flow statement, consolidated statement of changes in owners' equity, parent company statement of changes in owners' equity[116](index=116&type=chunk)[120](index=120&type=chunk)[124](index=124&type=chunk)[128](index=128&type=chunk)[131](index=131&type=chunk)[134](index=134&type=chunk)[137](index=137&type=chunk)[145](index=145&type=chunk) [Company Basic Information](index=64&type=section&id=三、公司基本情况) Noblelift Intelligent Equipment Co., Ltd was established on March 3, 2000, listed on the Shanghai Stock Exchange on January 28, 2015, with a registered capital of CNY 257,600,791.00, and its main business is the R&D, design, production, and sales of intelligent manufacturing equipment products and smart logistics system services - Company established on March 3, 2000, listed on Shanghai Stock Exchange on January 28, 2015[153](index=153&type=chunk) - Registered capital is **CNY 257,600,791.00**[153](index=153&type=chunk) - Main business activities are R&D, design, production, and sales of intelligent manufacturing equipment products and smart logistics system services[153](index=153&type=chunk) [Basis of Financial Statement Preparation](index=64&type=section&id=四、财务报表的编制基础) The financial statements are prepared on a going concern basis, and there are no significant doubts about the company's ability to continue as a going concern for the 12 months from the end of the reporting period - Financial statements are prepared on a going concern basis[154](index=154&type=chunk) - There are no matters or circumstances that cause significant doubt about the company's ability to continue as a going concern for the 12 months from the end of the reporting period[155](index=155&type=chunk) [Significant Accounting Policies and Accounting Estimates](index=64&type=section&id=五、重要会计政策及会计估计) The company has formulated specific accounting policies and estimates for financial instrument impairment, inventories, depreciation of fixed assets, construction in progress, intangible assets, and revenue recognition based on its actual production and operation characteristics, adhering to enterprise accounting standards to truly and completely reflect financial information, and during the reporting period, the company implemented new regulations such as "Interpretation No 17 of Enterprise Accounting Standards" and "Interpretation No 18 of Enterprise Accounting Standards" issued by the Ministry of Finance, with "Interpretation No 18" leading to retrospective adjustments in operating costs and selling expenses - The company has formulated specific accounting policies and estimates for financial instrument impairment, inventories, depreciation of fixed assets, construction in progress, intangible assets, and revenue recognition based on its actual production and operation characteristics[156](index=156&type=chunk) - The company adheres to enterprise accounting standards to truly and completely reflect financial position, operating results, changes in owners' equity, and cash flows[157](index=157&type=chunk) - The company implemented "Interpretation No 17 of Enterprise Accounting Standards" and "Interpretation No 18 of Enterprise Accounting Standards" issued by the Ministry of Finance starting from January 1, 2024[241](index=241&type=chunk) Accounting Policy Changes on Financial Statement Items | Significantly Affected Financial Statement Item | Impact Amount (Consolidated) (CNY) | Impact Amount (Parent Company) (CNY) | | :--- | :--- | :--- | | 2024 Semi-Annual Income Statement Item: Operating Cost | 19,330,300.98 | 7,451,238.89 | | 2024 Semi-Annual Income Statement Item: Selling Expenses | -19,330,300.98 | -7,451,238.89 | [Taxes](index=88&type=section&id=六、税项) The company's main taxes include VAT, land use tax, property tax, urban maintenance and construction tax, education surcharge, local education surcharge, and corporate income tax, with the company and some subsidiaries enjoying a 15% corporate income tax preferential rate as high-tech enterprises, some subsidiaries enjoying a 20% corporate income tax preferential rate as small low-profit enterprises, Wuxi Zhongnuo Software Co., Ltd enjoying VAT immediate refund policy for software products, and the company, Changxing Yongxuan Company, and Zhongding Intelligent Company enjoying VAT additional deduction policy for advanced manufacturing enterprises Major Tax Categories and Rates | Tax Category | Tax Basis | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax | Sales of goods and taxable services revenue | 13% (domestic), Export "Exempt, Offset, Refund" | | Land Use Tax | Land area | 1.5, 3, 8, 9, 10 CNY/square meter | | Property Tax | Assessed at 1.2% of residual value, or 12% of rental income for rental-based assessment | 1.2%, 12% | | Urban Maintenance and Construction Tax | Actual amount of turnover tax paid | 5%, 7% | | Education Surcharge | Actual amount of turnover tax paid | 3% | | Local Education Surcharge | Actual amount of turnover tax paid | 2% | | Corporate Income Tax | Taxable income | 15%, 20%, 25%, overseas subsidiaries according to registered location's tax rate | - The company and some subsidiaries (e.g., Zhongding Intelligent Company, Shanghai Noblelift) have passed high-tech enterprise qualification filing/review, and pay corporate income tax at a **15%** rate during the preferential period[244](index=244&type=chunk)[245](index=245&type=chunk) - Some subsidiaries (e.g., Wuxi Liding Company, Noblelift Logistics Company) qualify as small low-profit enterprises and pay corporate income tax at a **20%** rate, extended until December 31, 2027[247](index=247&type=chunk) [Notes to Consolidated Financial Statement Items](index=90&type=section&id=七、合并财务报表项目注释) This section provides detailed disclosure of period-end balances, beginning-of-period balances, and current period changes for each item in the consolidated financial statements, including cash and cash equivalents, trading financial assets, derivative financial assets, notes receivable, accounts receivable, contract assets, accounts receivable financing, prepayments, other receivables, inventories, other current assets, long-term equity investments, other non-current financial assets, fixed assets, construction in progress, right-of-use assets, intangible assets, goodwill, long-term deferred expenses, deferred income tax assets/liabilities, other non-current assets, assets restricted in ownership or use, short-term borrowings, notes payable, accounts payable, contract liabilities, employee benefits payable, taxes payable, other payables, non-current liabilities due within one year, other current liabilities, long-term borrowings, lease liabilities, long-term employee benefits payable, deferred income, share capital, capital reserves, other comprehensive income, specific reserves, surplus reserves, undistributed profits, operating revenue and operating costs, taxes and surcharges, selling expenses, administrative expenses, R&D expenses, financial expenses, other income, investment income, fair value change gains, credit impairment losses, asset impairment losses, asset disposal gains, non-operating income, non-operating expenses, income tax expenses, other comprehensive income, cash flow statement items, supplementary cash flow statement information, notes to statement of changes in owners' equity items, foreign currency monetary items, and leases [Research and Development Expenses](index=138&type=section&id=八、研发支出) During the reporting period, the company's total R&D expenses amounted to CNY 128,975,075.60, all expensed, with the main components including employee compensation, R&D materials, depreciation expenses, amortization expenses, equity incentive expenses, and other expenses R&D Expenses by Nature of Expense | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Employee Compensation | 68,952,083.97 | 59,298,622.69 | | R&D Materials | 44,961,974.59 | 52,838,647.24 | | Depreciation Expenses | 3,359,331.32 | 3,031,820.34 | | Amortization Expenses | 3,742,746.35 | 3,375,934.48 | | Equity Incentive Expenses | 1,061,390.13 | | | Other Expenses | 6,897,549.24 | 5,778,841.82 | | **Total** | **128,975,075.60** | **124,323,866.57** | | Of which: Expensed R&D Expenses | 128,975,075.60 | 124,323,866.57 | - All R&D expenses in the current period were expensed, with no capitalized R&D expenses[416](index=416&type=chunk) [Changes in Consolidation Scope](index=139&type=section&id=九、合并范围的变更) During the reporting period, the company disposed of equity in Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd and Wuxi Senheda Intelligent Equipment Co., Ltd, losing control, and concurrently, Noblelift Sales (Suzhou) Co., Ltd was newly established, and equity in Noblelift Canada Inc was acquired through share purchase, leading to changes in the consolidation scope Disposal of Subsidiaries | Subsidiary Name | Time of Loss of Control | Disposal Price at Loss of Control (CNY 10,000) | Disposal Ratio at Loss of Control (%) | Disposal Method | Difference Between Disposal Price and Net Asset Share of Subsidiary in Consolidated Financial Statements at Loss of Control (CNY 10,000) | | :--- | :--- | :--- | :--- | :--- | :--- | | Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd. | 2025-6-23 | 486.17 | 48.04 | Sale of equity | 265.76 | | Wuxi Senheda Intelligent Equipment Co., Ltd. | 2025-6-27 | 2,820.00 | 100.00 | Sale of equity | -207.23 | Changes in Consolidation Scope Due to Other Reasons | Company Name | Method of Equity Acquisition | Time of Equity Acquisition | Capital Contribution Amount | Capital Contribution Ratio | | :--- | :--- | :--- | :--- | :--- | | Noblelift Sales (Suzhou) Co., Ltd. | Newly established | 2025/06/09 | CNY 500,000.00 | 100% | | Noblelift Canada Inc | Purchase of equity | 2025/5/16 | CAD 2,700,000.00 | 35.06% | [Interests in Other Entities](index=141&type=section&id=十、在其他主体中的权益) The company disclosed the composition of its enterprise group, including numerous domestic and overseas subsidiaries, covering wholesale and retail, manufacturing, investment management, software development, and other business natures, and additionally, the company disclosed summarized financial information of insignificant joint ventures and associates, showing negative net profit and total comprehensive income - The company has numerous domestic and overseas subsidiaries, such as Noblelift Sales Co., Ltd, Noblelift Germany Co., Ltd, Zhongding Intelligent Co., Ltd, SAVOYE France, etc, with business natures covering wholesale and retail, manufacturing, investment management, software development, etc[420](index=420&type=chunk)[421](index=421&type=chunk)[422](index=422&type=chunk) Summarized Financial Information of Insignificant Joint Ventures and Associates | Item | Period-End Balance/Current Period Amount (CNY) | Beginning-of-Period Balance/Prior Period Amount (CNY) | | :--- | :--- | :--- | | Associates: Total Carrying Amount of Investments | 14,438,644.27 | 1,902,939.21 | | --Net Profit | -1,522,902.91 | 130,172.31 | | --Total Comprehensive Income | -1,522,902.91 | 130,172.31 | [Government Grants](index=145&type=section&id=十一、政府补助) During the reporting period, the company received asset-related government grants of CNY 31,146,031.00 and income-related government grants of CNY 9,075,000.00, with total government grants recognized in profit or loss for the current period amounting to CNY 16,398,859.55 Liability Items Involving Government Grants | Financial Statement Item | Beginning-of-Period Balance (CNY) | New Grants in Current Period (CNY) | Transferred to Other Income in Current Period (CNY) | Period-End Balance (CNY) | Asset/Income Related | | :--- | :--- | :--- | :--- | :--- | :--- | | Deferred Income | 118,346,131.33 | 31,146,031.00 | 6,309,277.14 | 143,182,885.19 | Asset-related | | Deferred Income | | 9,075,000.00 | 2,302,083.33 | 6,772,916.67 | Income-related but for compensating future period costs and expenses | | **Total** | **118,346,131.33** | **40,221,031.00** | **8,611,360.47** | **149,955,801.86** | | Government Grants Recognized in Profit or Loss for the Current Period | Type | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Income-related | 16,398,859.55 | 14,447,965.54 | | **Total** | **16,398,859.55** | **14,447,965.54** | [Risks Related to Financial Instruments](index=145&type=section&id=十二、与金融工具相关的风险) The company faces credit risk, liquidity risk, and market risk (including interest rate risk and foreign exchange risk), managing these through credit assessment, bank credit lines, optimizing financing structure, and foreign exchange derivative businesses, and at the end of the reporting period, the amount of financial assets transferred and derecognized (accounts receivable financing) was CNY 760,363,491.55 - The company faces credit risk, liquidity risk, and market risk (interest rate risk and foreign exchange risk)[428](index=428&type=chunk) - Credit risk primarily arises from cash and cash equivalents and accounts receivable; the company controls this through credit assessment and monitoring of accounts receivable balances[430](index=430&type=chunk)[431](index=431&type=chunk) Transfer Method Classification | Transfer Method | Nature of Transferred Financial Assets | Amount of Transferred Financial Assets (CNY) | Derecognition Status | Basis for Derecognition Judgment | | :--- | :--- | :--- | :--- | :--- | | Bill Discounting | Accounts Receivable Financing | 367,432,083.23 | Derecognized | Substantially all risks and rewards have been transferred | | Bill Endorsement | Accounts Receivable Financing | 392,931,408.32 | Derecognized | Substantially all risks and rewards have been transferred | | **Total** | **/** | **760,363,491.55** | **/** | | Financial Assets Derecognized Due to Transfer | Item | Method of Financial Asset Transfer | Amount of Derecognized Financial Assets (CNY) | Gains or Losses Related to Derecognition (CNY) | | :--- | :--- | :--- | :--- | | Accounts Receivable Financing | Endorsement/Discounting | 760,363,491.55 | -1,383,121.57 | | **Total** | **/** | **760,363,491.55** | **-1,383,121.57** | [Disclosure of Fair Value](index=149&type=section&id=十三、公允价值的披露) The company disclosed the fair value of assets and liabilities measured at fair value at the end of the period, primarily including trading financial assets, derivative financial assets, and other non-current financial assets, totaling CNY 617,643,569.58, with equity instrument investments, derivative financial assets, and short-term wealth management products using Level 2 or Level 3 valuation techniques to determine fair value Fair Value of Assets and Liabilities Measured at Fair Value at Period-End | Item | Level 1 Fair Value Measurement (CNY) | Level 2 Fair Value Measurement (CNY) | Level 3 Fair Value Measurement (CNY) | Total (CNY) | | :--- | :--- | :--- | :--- | :--- | | I. Continuous Fair Value Measurement | | | | | | (I) Trading Financial Assets, Derivative Financial Assets, and Other Non-Current Financial Assets | | 746,400.00 | 552,807,246.83 | 553,553,646.83 | | 1. Financial assets measured at fair value through profit or loss | | 746,400.00 | 552,807,246.83 | 553,553,646.83 | | (1) Equity instrument investments | | | 192,999,742.26 | 192,999,742.26 | | (2) Derivative financial assets | | 746,400.00 | 1,040,806.77 | 1,787,206.77 | | (3) Short-term wealth management products | | | 358,766,697.80 | 358,766,697.80 | | 2. Accounts Receivable Financing | | | 64,089,922.75 | 64,089,922.75 | | **Total Assets Continuously Measured at Fair Value** | | **746,400.00** | **616,897,169.58** | **617,643,569.58** | - Forward foreign exchange settlement and sales use forward exchange rates and other observable inputs to determine fair value[441](index=441&type=chunk) - Equity instrument investments determine fair value by referencing recent external financing valuations of investees and audit reports of fund companies[442](index=442&type=chunk) [Related Parties and Related-Party Transactions](index=150&type=section&id=十四、关联方及关联交易) The company disclosed information on other related parties, including associates and companies controlled by the actual controller, and during the reporting period, the company engaged in transactions such as goods procurement, sales, and leasing with related parties, and disclosed the period-end balances of receivables from and payables to related parties - Other related parties include associates (Noblelift Chengdu Company, Noblelift Australia Company, Noblelift Canada Company) and companies controlled by the actual controller (Changxing Power Company, Zhejiang Xin Noblelift Power Technology Co., Ltd, etc)[443](index=443&type=chunk) - Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd and Hangzhou Noblelift Intelligent Robot Co., Ltd remain related parties of the company for one year after the equity transfer[443](index=443&type=chunk) Procurement of Goods/Acceptance of Services | Related Party | Related Transaction Content | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | :--- | | Zhejiang Xin Noblelift Power Technology Co., Ltd. | Material procurement | 33,866,135.85 | 27,569,594.39 | | Changxing Xindali Power Co., Ltd. | Material procurement | 415,764.61 | 2,014,239.83 | Sale of Goods/Provision of Services | Related Party | Related Transaction Content | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | :--- | | Zhejiang Xin Noblelift Power Technology Co., Ltd. | Sales of parts, material handling equipment | 76,880.54 | 4,647.94 | | Shandong Noblelift New Energy Technology Co., Ltd. | Sales of parts | 272,141.59 | | | Noblelift Canada Inc | Sales of material handling equipment | 949,454.61 | | Receivables | Item Name | Related Party | Period-End Book Balance (CNY) | Provision for Bad Debts (CNY) | Beginning-of-Period Book Balance (CNY) | Provision for Bad Debts (CNY) | | :--- | :--- | :--- | :--- | :--- | :--- | | Accounts Receivable | Noblelift Chengdu Company | 8,847,841.55 | 955,275.53 | 14,570,989.00 | 728,549.45 | | Accounts Receivable | Noblelift Canada Inc | 23,608,870.31 | 1,180,443.52 | | | | Other Receivables | Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd. | 19,950,000.00 | | | | [Share-Based Payment](index=153&type=section&id=十五、股份支付) The company and its subsidiaries implemented equity incentive plans, with SAVOYE France implementing a free share grant and share option plan on December 10, 2021, vesting over 48 months, and Zhongding Intelligent Company implementing an equity incentive plan on October 30, 2024, with incentive shares unlocking over 36 months, and during the reporting period, total equity-settled share-based payment expenses amounted to CNY 4,027,259.58 - SAVOYE France implemented an equity incentive plan on December 10, 2021, including free share grants and share options, vesting over **48 months**[454](index=454&type=chunk) - Zhongding Intelligent Company implemented an equity incentive plan on October 30, 2024, with incentive shares unlocking over **36 months**, specifically **40%** after 12 months, **30%** after 24 months, and **30%** after 36 months[457](index=457&type=chunk) Current Period Share-Based Payment Expenses | Grantee Category | Equity-Settled Share-Based Payment Expenses (CNY) | | :--- | :--- | | SAVOYE France Management Personnel | 546,629.78 | | Zhongding Intelligent Company Management Personnel | 3,480,629.80 | | **Total** | **4,027,259.58** | [Commitments and Contingencies](index=155&type=section&id=十六、承诺及或有事项) As of June 30, 2025, the company held forward foreign exchange settlement and sales contracts totaling USD 12 million and recognized derivative financial assets of CNY 746,400.00, with no significant contingent matters requiring disclosure at the end of the reporting period - As of June 30, 2025, the company held forward foreign exchange settlement and sales contracts totaling **USD 12 million**, to be settled in batches from July to December 2025[462](index=462&type=chunk) - The company recognized derivative financial assets of **CNY 746,400.00** for forward foreign exchange settlement and sales contracts at period-end[462](index=462&type=chunk) - The company has no significant contingent matters requiring disclosure[463](index=463&type=chunk) [Post-Balance Sheet Events](index=156&type=section&id=十七、资产负债表日后事项) From the end of the reporting period to the date of report disclosure, the company had no significant non-adjusting events, profit distribution, or sales returns, or other post-balance sheet events - From the end of the reporting period to the date of report disclosure, the company had no significant non-adjusting events, profit distribution, or sales returns, or other post-balance sheet events[464](index=464&type=chunk) [Other Significant Matters](index=156&type=section&id=十八、其他重要事项) The company determines its reporting segments based on internal organizational structure, management requirements, and internal reporting systems, and disclosed financial information for its two major segments: intelligent manufacturing equipment business and smart logistics business - The company determines reporting segments based on internal organizational structure, management requirements, internal reporting systems, etc, and assesses performance based on business segments[464](index=464&type=chunk) Financial Information of Reporting Segments (H1 2025) | Item | Intelligent Manufacturing Equipment Business (CNY 10,000) | Smart Logistics Business (CNY 10,000) | Inter-Segment Eliminations (CNY 10,000) | Total (CNY 10,000) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 195,068.27 | 127,034.42 | 601.72 | 321,500.97 | | Operating Cost | 150,716.48 | 99,103.78 | 532.49 | 249,287.77 | | Total Assets | 490,265.68 | 420,474.09 | 1,434.13 | 909,305.64 | | Total Liabilities | 275,471.79 | 332,242.77 | 1,373.05 | 606,341.51 | [Notes to Major Items in Parent Company Financial Statements](index=157&type=section&id=十九、母公司财务报表主要项目注释) This section provides detailed disclosure of period-end balances, beginning-of-period balances, and current period changes for major items in the parent company's financial statements, including accounts receivable, other receivables, long-term equity investments, operating revenue and operating costs, and investment income [Supplementary Information](index=166&type=section&id=二十、补充资料) This section provides supplementary information including a detailed statement of non-recurring gains and losses, return on net assets, and earnings per share, with total non-recurring gains and losses amounting to CNY 27,446,321.80, and basic and diluted earnings per share both being CNY 0.95/share Detailed Statement of Non-Recurring Gains and Losses for the Current Period | Item | Amount (CNY) | | :--- | :--- | | Gains and losses from disposal of non-current assets | 4,051,611.19 | | Government grants recognized in current profit or loss | 15,952,121.59 | | Gains and losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains and losses from disposal of financial assets and liabilities, excluding hedging activities | 2,942,581.44 | | Other non-operating income and expenses | 7,674,050.93 | | Less: Income tax impact | 3,093,766.10 | | Impact on minority interests (after tax) | 80,277.25 | | **Total** | **27,446,321.80** | Return on Net Assets and Earnings Per Share | Profit for the Reporting Period | Weighted Average Return on Net Assets (%) | Earnings Per Share (CNY/share) | | :--- | :--- | :--- | | Net profit attributable to ordinary shareholders of the company | 7.97 | 0.95 | | Net profit attributable to ordinary shareholders of the company after deducting non-recurring gains and losses | 7.08 | 0.85 |

证券代码:603611 证券简称:诺力股份 公告编号:2025-045 一、巩固主业优势，深化经营质量 公司持续坚持"聚焦一个行业、发展两大业务、布局新兴产业"的产业发展 目标。"聚焦一个行业"即深耕于内部物流领域，致力于成为该行业的引领者； "发展两大业务"指全力推进智能智造装备与智慧物流系统两大业务板块的协同 发展；"布局新兴产业"指积极投资与公司产业链相关的智能智造、工业物联网、 人工智能等新兴产业，为保障公司可持续发展，巩固行业头部地位，提供强有力 的战略支撑。 2025 年，公司智能智造装备业务将继续把握工业车辆电动化、智能化、绿 色化趋势，优化产能布局，深化大车产品系列化与层次化研发，联合先进研发机 构及科研院校发轫具身智能机器人领域，完善全球营销网络，持续优化供应链韧 性，强化客户全生命周期管理，并积极引进和培养高端人才，确保公司战略的稳 健推进，不断挖掘增长潜力。 诺力智能装备股份有限公司 关于 2025 年度"提质增效重回报"行动方案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承 担个别及连带责任。 为深入贯彻党 ...

日常经营重大合同信息披露管理办法 （2025 年 8 月修订） 第一条 诺力智能装备股份有限公司（以下简称"公司"）为进一步提高公 司日常经营重大合同的信息披露水平和质量，保护广大投资者利益，根据有关法 律、行政法规、部门规章、规范性文件和《上海证券交易所股票上市规则（以下 简称"《上市规则》"））、《上市公司日常信息披露工作备忘录--第一号 临时公告 格式指引》之"第七号 上市公司特别重大合同公告"（以下简称"《指引》"）及 《公司章程》、《公司重大信息内部报告制度》等相关规定，结合公司实际情况， 制定本办法。 第二条 本办法适用于公司各部门、分支机构、下属企业（指公司直接或间 接持股比例超过 50%的子公司或对其具有实际控制权的公司），公司有关人员应 当按照规定履行有关信息的内部报告程序，将有关信息报告至董事会秘书和公司 证券部进行对外披露。 第三条 本办法所称"日常经营重大合同"，是指公司各部门、分支机构、 下属企业一次性签署与日常经营活动相关的达到《指引》披露要求的合同以及达 到下列标准之一的销售、提供或者接受劳务、工程承包等重大合同，该等日常经 营重大合同应当及时披露。 （一）合同金额占公司最近一个 ...

证券代码:603611 证券简称:诺力股份 公告编号:2025-046 诺力智能装备股份有限公司 关于新增为孙公司提供担保额度的公告 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。 重要内容提示： ●被担保人名称：诺力智能装备股份有限公司（以下简称"公司"或"诺力 股份"）孙公司。 ●拟新增为孙公司提供的担保总额度及已实际提供的担保发生额：公司拟 新增为孙公司提供的担保总额度为8,500.00万元。截至2025年6月30日，对孙公 司提供担保的实际余额为人民币0万元。 ●是否存在反担保：否 ●对外担保预期的累计数量：无 ●特别风险提示：此次担保授权存在为资产负债率超过70%的孙公司提供担 保，敬请投资者注意相关风险。 一、担保情况概述 1、公司于 2025 年 4 月 25 日经公司第八届董事会第十九次会议和 2025 年 5 月 19 日召开的 2024 年年度股东大会分别审议通过了《关于为控股子公司提供担 保额度的议案》，同意公司为各控股子公司提供的担保总额度为 5.3 亿元。该担 保额度有效期限自公司2024年年 ...

证券代码：603611 证券简称：诺力股份 公告编号：2025-050 诺力智能装备股份有限公司 关于召开 2025 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：2025 年 09 月 24 日（星期三） 13:00-14:00 投资者可于 2025 年 09 月 17 日（星期三） 至 09 月 23 日（星期二）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 sec@noblelift.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 诺力智能装备股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日发 布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半 年度经营成果、财务状况，公司计划于 2025 年 09 月 24 日（星期三）13:00-14:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 （三） 会议召开方式：上证路演 ...

附：程疆先生简历 诺力智能装备股份有限公司董事会 2025 年 8 月 28 日 附件 证券代码：603611 证券简称：诺力股份 公告编号：2025-047 诺力智能装备股份有限公司 关于聘任公司副总经理兼董事会秘书的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带责任。 为保证诺力智能装备股份有限公司（以下简称"公司"或"诺力股份"）董 事会的正常运作，根据《公司法》《上海证券交易所股票上市规则》《公司章程》 的规定，经公司董事长提名，公司提名委员会审查通过，公司于 2025 年 8 月 28 日召开第八届董事会第二十三次会议，审议通过了《诺力股份关于聘任公司副总 经理兼董事会秘书的议案》，同意聘任程疆先生为公司副总经理兼董事会秘书， 任期自董事会审议通过之日起至第八届董事会任期届满。 程疆先生的董事会秘书任职资格已经上海证券交易所备案无异议通过，其具 备履行董事会秘书职责所必需的财务、管理、法律等专业知识，具有良好的职业 道德和个人品质，不存在《公司法》《上海证券交易所股票上市规则》等法律、 法规和部门规章、规范性 ...