北京市金杜律师事务所上海分所 关于中电电机股份有限公司 2024 年第一次临时股东大会 之法律意见书 致：中电电机股份有限公司 北京市金杜律师事务所上海分所（以下简称本所）接受中电电机股份有限公 司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东大会规则（2022 年修订）》（以下简称《股东大会规则》）等中华人民 共和国境内（以下简称中国境内，为本法律意见书之目的，不包括中国香港特别 行政区、中国澳门特别行政区和中国台湾地区）现行有效的法律、行政法规、部 门规章、规范性文件和现行有效的《中电电机股份有限公司章程》（以下简称《公 司章程》）的有关规定，指派律师出席了公司于 2024 年 9 月 9 日召开的 2024 年 第一次临时股东大会（以下简称本次股东大会），并就本次股东大会相关事项出 具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2023 年年度股东大会审议通过的《公司章程》； 2. 公 司 2024 年 8 月 24 日 刊登于 上 ...

证券代码：603988 证券简称：中电电机 公告编号：临 2024-035 中电电机股份有限公司 关于前期会计差错更正的公告 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： 本次会计差错更正影响公司 2023 年半年度合并及母公司利润表、资产负 债表、所有者权益变动表，不影响现金流量表；影响公司 2023 年三季度报告中 的利润表、资产负债表，不影响现金流量表。本次更正不影响公司 2023 年年度 财务报表及其附注。 本次会计差错更正不会导致公司已披露的定期报告出现盈亏性质的改变。 本次更正后，公司 2023 年半年度和 2023 年三季度分别实现归属于上市公司股东 的净利润为 900.05 万元和 1,051.58 万元，归属于上市公司股东的净资产分别为 64,670.02 万元和 63,330.74 万元，总资产分别为 114,951.83 万元和 107,469.35 万 元。 本次会计差错更正已经公司董事会、监事会审议通过，无需提交股东大 会审议。 1. 2024 年 9 月 3 日，公司在无锡市高浪东 ...

关于中电电机股份有限公司 股票交易异常波动询证函的回复 中电电机股份有限公司: 贵公司发来的《中电电机股份有限公司关于股票交易异常波动的询证函》已 收悉,经本公司认真自查,现对询证事项回复如下: 截至本函回复日,本公司除2024年7月26日公告的《中电电机股份有限公 司关于控股股东及实际控制人拟变更的提示性公告》涉及重大事项外,不存在其 他涉及上市公司的应披露而未披露的重大事项,包括但不限于重大资产重组、股 份发行、收购、债务重组、业务重组、资产剥离、资产注入、股份回购、股权激 励、破产重整、重大业务合作、引进战略投资者等重大事项。 本公司在本次股票交易异常波动期间不存在买卖上市公司股票的情况。 特此回复。 ...

证券代码：603988 证券简称：中电电机 公告编号：临 2024-034 中电电机股份有限公司股票交易异常波动公告 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： 中电电机股份有限公司（以下简称"公司"）股票交易于 2024 年 8 月 29 日、8 月 30 日、9 月 2 日连续 3 个交易日内日收盘价格涨幅偏离值累计达到 20%， 根据《上海证券交易所股票交易规则》的相关规定，属于股票交易异常波动。 经公司自查，并向公司控股股东、股东函证核实，截至本公告日，除 2024 年 7 月 26 日披露的《中电电机股份有限公司关于控股股东及实际控制人拟变更 的提示性公告》涉及重大事项外，不存在其他涉及公司的应披露而未披露的重大 事项。 根据已披露的高地资源《中电电机股份有限详式权益变动报告书》及高 地资源确认，高地资源及其关联方没有在未来 12 个月内通过重组上市方式向上 市公司注入其资产业务的计划。 相关方签订的股权转让协议中有"成交先决条件"和"协议终止"相关约定， 随着本次交易的推进，若出现一方或 ...

证券代码：603988 证券简称：中电电机 公告编号：临 2024-033 中电电机股份有限公司 关于增加 2024 年度日常关联交易预计额度的补充公告 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。 中电电机股份有限公司（以下简称"公司"或"中电电机"）于 2024 年 8 月 24 日 披露了《中电电机关于增加 2024 年度日常关联交易预计额度的公告》（公告编号： 临 2024-030）。为方便投资者进一步了解相关情况，现对本次日常关联交易增加预 计额度涉及事项补充公告如下。 一、本次增加日常关联交易预计额度的情况 本次公司增加 2024 年度日常关联交易预计额度 3,000 万元，是在前次 2024 年度日常关联交易预计额度基础上的增加，详细情况见下表： | 关联交易 | | 年预 2024 | 年 2024 1-7 | 月 本次增 | 调整后 | | --- | --- | --- | --- | --- | --- | | 类别 | 关联人 | 计金额 | 累计已发生交 | 加金额 | 2024 年度 | | ...

一、董事会会议召开情况 中电电机股份有限公司（以下简称"公司"）第五届董事会第十次会议于 2024 年 8 月 23 日上午 09:00 在无锡市高浪东路 777 号公司会议室以现场结合通 讯方式召开，本次会议通知于 2024 年 8 月 13 日以邮件或信息等方式通知全体董 事和监事。会议由董事长熊小兵先生召集并主持，会议应出席董事 7 人，实际出 席董事 7 人。公司全体监事及高管列席会议。本次会议的召集和召开程序符合 《中华人民共和国公司法》和《中电电机股份有限公司章程》的规定，会议合法 有效。 二、董事会会议审议情况 证券代码：603988 证券简称：中电电机 公告编号：临 2024-027 中电电机股份有限公司 第五届董事会第十次会议决议公告 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个别及连带责 任。 1、审议并通过《关于 2024 年半年度报告及摘要的议案》 表决结果：同意：7 票；反对：0 票；弃权：0 票。 本议案已经公司第五届董事会审计委员会全体委员审议通过。 2、审议并通过《关于继续聘请会计师事务所的议案》 表 ...

[Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) This section provides critical disclaimers regarding the report's authenticity, audit status, forward-looking statements, and significant risks [Statement on Report Authenticity](index=2&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E4%BC%9A%E3%80%81%E7%9B%91%E4%BA%8B%E4%BC%9A%E5%8F%8A%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E4%BF%9D%E8%AF%81%E5%8D%8A%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A%E5%86%85%E5%AE%B9%E7%9A%84%E7%9C%9F%E5%AE%9E%E6%80%A7%E3%80%81%E5%87%86%E7%A1%AE%E6%80%A7%E3%80%81%E5%AE%8C%E6%95%B4%E6%80%A7%EF%BC%8C%E4%B8%8D%E5%AD%98%E5%9C%A8%E8%99%9A%E5%81%87%E8%AE%B0%E8%BD%BD%E3%80%81%E8%AF%AF%E5%AF%BC%E6%80%A7%E9%99%88%E8%BF%B0%E6%88%96%E9%87%8D%E5%A4%A7%E9%81%97%E6%BC%8F%EF%BC%8C%E5%B9%B6%E6%89%BF%E6%8B%85%E4%B8%AA%E5%88%AB%E5%92%8C%E8%BF%9E%E5%B8%A6%E7%9A%84%E6%B3%95%E5%BE%8B%E8%B4%A3%E4%BB%BB) The company's board of directors, supervisory board, and all senior management guarantee the authenticity, accuracy, and completeness of the semi-annual report, assuming individual and joint legal liabilities - The company's board of directors, supervisory board, and all directors, supervisors, and senior management guarantee the authenticity, accuracy, and completeness of the semi-annual report, free from false records, misleading statements, or major omissions, and assume individual and joint legal liabilities[2](index=2&type=chunk) [Audit Status](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E5%8D%8A%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A%E6%9C%AA%E7%BB%8F%E5%AE%A1%E8%AE%A1%E3%80%82) This semi-annual report has not been audited - This semi-annual report has not been audited[2](index=2&type=chunk) [Forward-Looking Statement Risk Disclaimer](index=2&type=section&id=%E5%85%AD%E3%80%81%E5%89%8D%E7%9E%BB%E6%80%A7%E9%99%88%E8%BF%B0%E7%9A%84%E9%A3%8E%E9%99%A9%E5%A3%B0%E6%98%8E) Forward-looking statements in this report, including future plans and development strategies, do not constitute substantive commitments, and investors should be aware of investment risks - The forward-looking statements in this report, such as future plans and development strategies, do not constitute substantive commitments by the company to investors; investors are advised to be aware of investment risks[2](index=2&type=chunk) [Significant Risk Warning](index=2&type=section&id=%E5%8D%81%E3%80%81%E9%87%8D%E5%A4%A7%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company has detailed environmental economic risks, operational risks, and overseas business risks, recommending a review of the "Management Discussion and Analysis" section for risk factors - The company has detailed existing environmental economic risks, operational risks, and overseas business risks in this report; please refer to the "Management Discussion and Analysis" section for potential risks[2](index=2&type=chunk) [Section I Definitions](index=4&type=section&id=%E7%AC%AC%E4%B8%80%E8%8A%82%20%E9%87%8A%E4%B9%89) This section defines common terms used throughout the report to ensure accurate understanding of its content [Definitions of Common Terms](index=4&type=section&id=%E5%B8%B8%E7%94%A8%E8%AF%8D%E8%AF%AD%E9%87%8A%E4%B9%89) This section provides definitions for common terms used in the report, such as company names, subsidiary names, regulatory bodies, and the reporting period - This section provides definitions for common terms used in the report, such as "Zhongdian Motor" referring to Zhongdian Motor Co, Ltd, and "Reporting Period" referring to January 1, 2024, to June 30, 2024[6](index=6&type=chunk) [Section II Company Profile and Key Financial Indicators](index=5&type=section&id=%E7%AC%AC%E4%BA%8C%E8%8A%82%20%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) This section outlines the company's basic information, contact details, stock overview, and key financial performance metrics for the reporting period [Company Information](index=5&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF) This section provides the company's basic registration details, including its Chinese name, abbreviation, foreign name, and legal representative - The company's Chinese name is Zhongdian Motor Co, Ltd, abbreviated as Zhongdian Motor, with Wang Jianyu as the legal representative[8](index=8&type=chunk) [Contact Person and Information](index=5&type=section&id=%E4%BA%8C%E3%80%81%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) This section lists the contact information for the company's Board Secretary and Securities Affairs Representative, including names, addresses, phone numbers, fax numbers, and email addresses - The Board Secretary is Liu Kai, and the Securities Affairs Representative is Zhang Shaojing, both with contact address at No 777 Gaolang East Road, Wuxi City, and phone number 0510-85628128[9](index=9&type=chunk) [Information Disclosure and Location](index=5&type=section&id=%E5%9B%9B%E3%80%81%E4%BF%A1%E6%81%AF%E6%8A%AB%E9%9C%B2%E5%8F%8A%E5%A4%87%E7%BD%AE%E5%9C%B0%E7%82%B9%E5%8F%98%E6%9B%B4%E6%83%85%E5%86%B5%E7%AE%80%E4%BB%8B) The company's designated information disclosure website is the Shanghai Stock Exchange website, and the semi-annual report is available at the company's office address - The company's selected information disclosure newspaper name is not disclosed, the website address for the semi-annual report is http://www.sse.com.cn, and the company's semi-annual report is available at the company's office address[11](index=11&type=chunk) [Company Stock Overview](index=5&type=section&id=%E4%BA%94%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E7%A5%A8%E7%AE%80%E5%86%B5) The company's stock is A-shares, listed on the Shanghai Stock Exchange, with stock abbreviation Zhongdian Motor and code 603988, unchanged during the reporting period - The company's stock type is A-shares, listed on the Shanghai Stock Exchange, with stock abbreviation Zhongdian Motor and stock code 603988, and the previous stock abbreviation remained unchanged[11](index=11&type=chunk) [Company's Key Accounting Data and Financial Indicators](index=5&type=section&id=%E4%B8%83%E3%80%81%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) During the reporting period, the company's operating revenue decreased by **28.24%** year-on-year, net profit attributable to shareholders significantly declined by **340.87%** to a loss, and net cash flow from operating activities also decreased by **93.50%**, primarily due to reduced revenue, changes in fair value of equity investments, and credit impairment losses 2024 Half-Year Key Accounting Data | Key Accounting Data | Current Period (Jan-Jun) (RMB) | Prior Year Period (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 252,809,285.77 | 352,276,159.96 | -28.24 | | Net Profit Attributable to Shareholders of Listed Company | -24,815,569.18 | 10,302,482.93 | -340.87 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Items) | -7,449,181.56 | 9,100,449.20 | -181.86 | | Net Cash Flow from Operating Activities | 1,142,197.82 | 17,561,484.16 | -93.50 | | Net Assets Attributable to Shareholders of Listed Company (End of Current Period) | 643,826,268.05 | 664,586,569.97 | -3.12 | | Total Assets (End of Current Period) | 1,090,173,636.21 | 1,111,832,237.27 | -1.95 | 2024 Half-Year Key Financial Indicators | Key Financial Indicators | Current Period (Jan-Jun) | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (RMB/share) | -0.11 | 0.04 | -375.00 | | Diluted Earnings Per Share (RMB/share) | -0.11 | 0.04 | -375.00 | | Basic Earnings Per Share (Excluding Non-Recurring Items) (RMB/share) | -0.03 | 0.04 | -175.00 | | Weighted Average Return on Net Assets (%) | -3.82 | 1.61 | Decreased by 5.43 percentage points | | Weighted Average Return on Net Assets (Excluding Non-Recurring Items) (%) | -1.15 | 1.43 | Decreased by 2.58 percentage points | - The decrease in net profit attributable to shareholders of the listed company and net profit attributable to shareholders of the listed company (excluding non-recurring items) was primarily due to reduced operating revenue, changes in the fair value of equity investments, and changes in credit impairment losses[13](index=13&type=chunk) - The decrease in net cash flow from operating activities was primarily due to reduced cash received from sales of goods in the current period[13](index=13&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=6&type=section&id=%E4%B9%9D%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) During the reporting period, the company's non-recurring gains and losses were primarily impacted by fair value changes in financial assets, resulting in a negative total non-recurring gain/loss of **-21,135,273.90 RMB** 2024 Half-Year Non-Recurring Gains and Losses Items | Non-Recurring Gains and Losses Item | Amount (RMB) | | :--- | :--- | | Gains and losses from disposal of non-current assets | 608.67 | | Government grants recognized in current profit or loss | 703,620.97 | | 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 | -21,135,273.90 | [Section III Management Discussion and Analysis](index=8&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E7%AE%A1%E7%90%86%E5%B1%82%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) This section analyzes the company's industry, core competencies, operational performance, and significant risks faced during the reporting period [Industry and Main Business Overview](index=8&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E5%8F%8A%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) The company operates in the electrical machinery and equipment manufacturing sector, specifically motor manufacturing, facing challenges from a complex external environment, insufficient domestic demand, and intensified competition, leading to significant declines in revenue and net profit - The company operates in the electrical machinery and equipment manufacturing sector, specifically motor manufacturing, with **60%** of enterprises in the industry experiencing declines in production, sales, and export sales during the first half of the year, alongside decreases in total profit and profit margins on costs and expenses[16](index=16&type=chunk) - The company's main business involves the research, development, production, and sale of large and medium-sized DC motors, medium and high-voltage AC motors, generators, and other complete sets of equipment, operating on an order-based production model[16](index=16&type=chunk) 2024 Half-Year Key Financial Performance | Indicator | Current Period Amount (RMB 10,000) | Prior Year Period Amount (RMB 10,000) | YoY Decrease (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 25,280.93 | 35,227.62 | 28.24 | | Net Profit Attributable to Shareholders of Listed Company | -2,481.56 | 1,030.25 | 340.87 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Items) | -744.92 | 1,654.96 | 181.86 | - The decline in net profit is primarily due to two reasons: first, weakened market demand and intensified competition leading to a decrease in operating revenue; second, a reduction of approximately **22.542 million RMB** in fair value change gains from Hong Kong-listed stocks held by a wholly-owned subsidiary[16](index=16&type=chunk) [Core Competitiveness Analysis](index=8&type=section&id=%E4%BA%8C%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core competitiveness stems from its technological leadership, product quality, advanced manufacturing and testing capabilities, rapid response, extensive customer resources, and intelligent operations - The company is a high-tech enterprise with **79 valid patents** (**55 invention patents**), and its R&D center is recognized as a "Jiangsu Provincial Enterprise Technology Center," continuously advancing new product development such as diesel generators, doubly-fed wind power generators, and AC asynchronous medium and large squirrel cage motors[17](index=17&type=chunk) - Products offer **cost-effectiveness** (lower prices than foreign counterparts, higher than other domestic motor enterprises), **high reliability** (multiple international certifications like UL, CE, CSA), and **high efficiency and energy saving** advantages[17](index=17&type=chunk)[18](index=18&type=chunk) - The company possesses advanced manufacturing and testing equipment, including fully automated stamping production lines, large CNC equipment, Vacuum Pressure Impregnation (VPI) equipment, and large motor variable frequency test stations[18](index=18&type=chunk) - Through scientific management, the company achieves short product design and production cycles, maintains a nationwide service network, and offers a 24-hour fault resolution mechanism, demonstrating a strong advantage in rapid customer response[18](index=18&type=chunk) - The company has long-term collaborations with leading domestic enterprises, with products sold to over **30 countries and regions**, establishing a strong brand image in the industry[18](index=18&type=chunk) - The company leverages information management tools such as ERP, PLM, MES, and OA to drive digital and intelligent transformation of enterprise management, optimizing production processes and enhancing competitive advantages[18](index=18&type=chunk) [Discussion and Analysis of Operations](index=9&type=section&id=%E4%B8%89%E3%80%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E7%9A%84%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) In response to market challenges, management focused on core business, enhancing product quality, optimizing evaluation mechanisms, diversifying market development, and accelerating cash collection, while also investing in technological innovation and improving corporate governance - The company adjusted its strategy to focus on its traditional main business, prioritizing quality, and effectively enhanced product quality control and stable production capacity by improving evaluation mechanisms, strictly enforcing process discipline, managing abnormal issues, and standardizing quality control and after-sales service[19](index=19&type=chunk) - The company actively promotes diversified market development, deeply cultivating high-precision products, optimizing profitability in the wind power market, exploring traditional and newly expanded industries such as rolling, water conservancy, compressors, and petrochemicals, and focusing on developing overseas business[19](index=19&type=chunk) - Strengthened cash collection assessment management, emphasized efficiency orientation, accelerated accounts receivable collection, improved contract fulfillment rates, and increased inventory turnover[20](index=20&type=chunk) - Continuously advanced technological innovation, process improvements, and equipment automation upgrades, holding **79 valid patents** (**55 invention patents**) as of the end of the reporting period, with multiple products recognized as Jiangsu Provincial High-Tech Products[20](index=20&type=chunk) - The company strictly adheres to laws and regulations, continuously standardizing its corporate governance structure, improving its governance system and internal control management system, and enhancing the quality of corporate governance[20](index=20&type=chunk) [Key Operating Performance](index=10&type=section&id=%E5%9B%9B%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E4%B8%BB%E8%A6%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5) During the reporting period, the company experienced significant changes across various financial statement items, including a **28.24%** decrease in operating revenue and a **340.87%** decline in net profit, primarily due to a **1602.45%** drop in fair value change gains, leading to substantial losses in total profit and net profit Financial Statement Related Item Fluctuation Analysis Table | Item | Current Period Amount (RMB) | Prior Year Period Amount (RMB) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 252,809,285.77 | 352,276,159.96 | -28.24 | Decreased orders, delayed delivery of finished products | | Net Profit Attributable to Shareholders of Listed Company | -24,815,569.18 | 10,302,482.93 | -340.87 | Decreased operating revenue, changes in fair value of equity investments, and credit impairment losses | | Net Cash Flow from Operating Activities | 1,142,197.82 | 17,561,484.16 | -93.50 | Decreased cash received from sales of goods in the current period | | Investment Income | 0.00 | 2,852,988.26 | -100.00 | No investment income in the current period | | Fair Value Change Gains | -21,135,273.90 | 1,406,716.80 | -1,602.45 | Significant decrease in fair value of equity investments compared to the prior year | | Credit Impairment Losses | -6,675,157.50 | -2,158,549.17 | -209.24 | Increase in bad debt provision for accounts receivable | | Total Profit | -24,905,051.07 | 11,446,402.76 | -317.58 | Decreased operating revenue, decline in fair value of equity investments, and changes in credit impairment losses | | Net Cash Flow from Financing Activities | -14,112,000.01 | 0.00 | -100.00 | Dividend distribution in the current period | Asset and Liability Status Changes | Item Name | Current Period End Amount (RMB) | Current Period End % of Total Assets | Prior Year End Amount (RMB) | Prior Year End % of Total Assets | Current Period End YoY Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Trading Financial Assets | 40,544,539.10 | 3.72 | 62,320,749.40 | 5.61 | -34.94 | Decline in fair value of equity investments | | Notes Receivable | 7,810,560.75 | 0.72 | 0.00 | 0.00 | 100.00 | Commercial acceptances received | | Inventories | 320,731,706.95 | 29.42 | 264,904,074.68 | 23.83 | 21.07 | | | Employee Remuneration Payable | 7,302,506.65 | 0.67 | 16,900,163.30 | 1.52 | -56.79 | Prior year-end bonuses distributed in current period | | Taxes Payable | 15,467.52 | 0.00 | 7,427,339.26 | 0.67 | -99.79 | Decrease in VAT and corporate income tax payable | | Deferred Tax Liabilities | 0.00 | 0.00 | 5,968,635.76 | 0.54 | -100.00 | No deferred tax liabilities in the current period | - As of the end of the reporting period, **29,021,577.33 RMB** of the company's monetary funds were restricted as保证金 (guarantee deposits)[25](index=25&type=chunk) Fair Value Measured Financial Assets Changes | Asset Category | Beginning Balance (RMB) | Fair Value Change Gains/Losses for Current Period (RMB) | Other Changes (RMB) | Ending Balance (RMB) | | :--- | :--- | :--- | :--- | :--- | | Equity Instrument Investments | 62,320,749.40 | -21,135,273.90 | -640,936.40 | 40,544,539.10 | [Other Disclosure Matters](index=14&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E6%8A%AB%E9%9C%B2%E4%BA%8B%E9%A1%B9) The company faces multiple risks including environmental economic, operational, overseas business, exchange rate, and human resources, alongside an uncertain change in controlling shareholder and actual controller due to a pending equity transfer - The company faces environmental economic risks, as its product demand is influenced by macroeconomic conditions and national investment directions; a slowdown in related industries would impact demand[28](index=28&type=chunk) - Operational risks include raw material price fluctuations and slowing industrial production growth, which affect the company's performance; the company addresses these by optimizing supplier structure, implementing tender procurement, and transitioning to intelligent manufacturing[28](index=28&type=chunk) - Overseas business faces policy and commercial dispute risks due to complex international environments and severe political and economic situations; the company plans to monitor policies and localize operations to mitigate these risks[28](index=28&type=chunk) - Exchange rate risk exists due to import and export trade settled in USD or EUR; the company will monitor exchange rate fluctuations, increase flexibility in exchange rate conversion, and control overseas project costs[28](index=28&type=chunk) - Human resource risk arises from increased demand for high-end talent due to industrial upgrading; the company will strengthen talent pipeline development and broaden recruitment channels[28](index=28&type=chunk) - The company's controlling shareholder and actual controller are expected to change, involving the transfer of **70,560,000 shares** (**30.00%** of total share capital), but the successful completion of the transaction is uncertain, particularly regarding the **520 million RMB** acquisition loan for which no loan agreement has been signed by the acquirer, Gaodi Resources[29](index=29&type=chunk)[30](index=30&type=chunk) [Section IV Corporate Governance](index=16&type=section&id=%E7%AC%AC%E5%9B%9B%E8%8A%82%20%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86) This section details the company's shareholder meeting, changes in directors, supervisors, and senior management, profit distribution plans, and equity incentive schemes [Shareholders' Meeting Status](index=16&type=section&id=%E8%82%A1%E4%B8%9C%E5%A4%A7%E4%BC%9A%E6%83%85%E5%86%B5) The company held its 2023 Annual Shareholders' Meeting on April 19, 2024, approving 10 proposals including board and supervisory board reports, annual report, financial statements, profit distribution, and amendments to company articles - The company's 2023 Annual Shareholders' Meeting was held on April 19, 2024, using a combination of on-site and online voting, and approved **10 proposals**[31](index=31&type=chunk)[32](index=32&type=chunk) [Changes in Directors, Supervisors, and Senior Management](index=16&type=section&id=%E4%BA%8C%E3%80%81%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the company's directors, supervisors, or senior management - During the reporting period, there were no changes in the company's directors, supervisors, or senior management[33](index=33&type=chunk) [Profit Distribution Plan](index=16&type=section&id=%E4%B8%89%E3%80%81%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E6%88%96%E8%B5%84%E6%9C%AC%E5%85%AC%E7%A7%AF%E9%87%91%E8%BD%AC%E5%A2%9E%E9%A2%84%E6%A1%88) The company has no profit distribution or capital reserve to share capital increase plan for this reporting period - The company has no profit distribution or capital reserve to share capital increase plan for this reporting period[33](index=33&type=chunk)[34](index=34&type=chunk) [Equity Incentive and Employee Stock Ownership Plans](index=17&type=section&id=%E5%9B%9B%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E6%81%83%E6%BF%80%E5%8A%B1%E8%AE%A1%E5%88%92%E3%80%81%E5%91%98%E5%B7%A5%E6%8C%81%E8%82%A1%E8%AE%A1%E5%88%92%E6%88%96%E5%85%B6%E4%BB%96%E5%91%98%E5%B7%A5%E6%BF%80%E5%8A%B1%E6%8E%AA%E6%96%BD%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%85%B6%E5%BD%B1%E5%93%8D) During the reporting period, the company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures - During the reporting period, the company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures[34](index=34&type=chunk) [Section V Environmental and Social Responsibility](index=18&type=section&id=%E7%AC%AC%E4%BA%94%E8%8A%82%20%E7%8E%AF%E5%A2%83%E4%B8%8E%E7%A4%BE%E4%BC%9A%E8%B4%A3%E4%BB%BB) This section details the company's environmental performance, including emissions and carbon reduction efforts, and its engagement in poverty alleviation and rural revitalization initiatives [Environmental Information](index=18&type=section&id=%E4%B8%80%E3%80%81%E7%8E%AF%E5%A2%83%E4%BF%A1%E6%81%AF%E6%83%85%E5%86%B5) The company is not a key polluting entity, with all emissions meeting standards, hazardous waste handled by third parties, and no major environmental incidents, while actively implementing carbon reduction measures - The company is not classified as a key polluting entity by environmental protection authorities, and during the reporting period, all exhaust gas, noise, and wastewater monitoring results met discharge standards, with waste strictly disposed of by qualified third parties[35](index=35&type=chunk) - No major environmental accidents occurred at the company during the reporting period[35](index=35&type=chunk) - The company has established an emergency response plan for environmental incidents, improved its "one map, two lists, two cards" system, and fulfilled its ecological environment responsibilities[36](index=36&type=chunk) - The company implemented measures such as electric-powered transport vehicles, replacement of energy-saving lamps, and construction of automated stamping production lines to reduce carbon emissions, resulting in a **60%** decrease in lighting power consumption[37](index=37&type=chunk) [Poverty Alleviation and Rural Revitalization](index=18&type=section&id=%E4%BA%8C%E3%80%81%E5%B7%A9%E5%9B%BA%E6%8B%93%E5%B1%95%E8%84%B1%E8%B4%AB%E6%94%BB%E5%9D%9A%E6%88%90%E6%9E%9C%E3%80%81%E4%B9%A1%E6%9D%91%E6%8C%AF%E5%85%B4%E7%AD%89%E5%B7%A5%E4%BD%9C%E5%85%B7%E4%BD%93%E6%83%85%E5%86%B5) During the reporting period, the company did not disclose specific details regarding its efforts in consolidating poverty alleviation achievements and rural revitalization - During the reporting period, the company did not disclose specific details regarding its efforts in consolidating poverty alleviation achievements and rural revitalization[38](index=38&type=chunk) [Section VI Significant Matters](index=19&type=section&id=%E7%AC%AC%E5%85%AD%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) This section covers the fulfillment of commitments, absence of fund occupation or illegal guarantees, audit status, and significant related party transactions and other major events [Fulfillment of Commitments](index=19&type=section&id=%E4%B8%80%E3%80%81%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) The company's actual controllers, shareholders, and directors, supervisors, and senior management have strictly fulfilled their commitments regarding resolving horizontal competition, ensuring company independence, and share lock-ups, with most commitments being long-term effective - Ningbo JunTuo, Wukuang Yuanding, and Wukuang Chuangtou Ziguang committed not to directly or indirectly engage in businesses competing with the listed company after the acquisition, and to ensure the listed company's independence in business, assets, organization, personnel, and finance; these commitments have been effective since January 11, 2019, and have been strictly fulfilled in a timely manner[39](index=39&type=chunk)[41](index=41&type=chunk) - Wang Jianyu committed that during his tenure, he would not transfer more than **25%** of his total shares in the company annually; he would not transfer shares within six months after leaving office, and the transfer ratio would not exceed **50%** within twelve months thereafter; this commitment is long-term effective and has been strictly fulfilled in a timely manner[41](index=41&type=chunk) - Wang Jianyu, Yang Zhiming, Liu Kai, Shi Hong, Shen Guoxin, and Liu Guohui committed to avoid horizontal competition and not to seek commercial opportunities belonging to the issuer for themselves or others; these commitments are long-term effective and have been strictly fulfilled in a timely manner[41](index=41&type=chunk) - Wang Jianyu and Wang Jiankai committed to avoid horizontal competition; if they acquire companies with potential horizontal competition risks with Zhongdian Motor, they are willing to entrust them to Zhongdian Motor for management and grant Zhongdian Motor priority acquisition rights when acquisition standards are met; this commitment is effective from May 19, 2017, until the absence of potential horizontal competition, and has been strictly fulfilled in a timely manner[41](index=41&type=chunk) [Fund Occupation by Controlling Shareholder and Related Parties](index=22&type=section&id=%E4%BA%8C%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E5%8F%8A%E5%85%B6%E4%BB%96%E5%85%B3%E8%81%94%E6%96%B9%E9%9D%9E%E7%BB%8F%E8%90%A5%E6%80%A7%E5%8D%A0%E7%94%A8%E8%B5%84%E9%87%91%E6%83%85%E5%86%B5) During the reporting period, the company had no non-operating fund occupation by controlling shareholders or other related parties - During the reporting period, the company had no non-operating fund occupation by controlling shareholders or other related parties[44](index=44&type=chunk) [Illegal Guarantees](index=22&type=section&id=%E4%B8%89%E3%80%81%E8%BF%9D%E8%A7%84%E6%8B%85%E4%BF%9D%E6%83%85%E5%86%B5) During the reporting period, the company had no illegal guarantees - During the reporting period, the company had no illegal guarantees[44](index=44&type=chunk) [Half-Year Report Audit Status](index=22&type=section&id=%E5%9B%9B%E3%80%81%E5%8D%8A%E5%B9%B4%E6%8A%A5%E5%AE%A1%E8%AE%A1%E6%83%85%E5%86%B5) This semi-annual report has not been audited - This semi-annual report has not been audited[44](index=44&type=chunk) [Matters Involving Non-Standard Audit Opinions](index=22&type=section&id=%E4%BA%94%E3%80%81%E4%B8%8A%E5%B9%B4%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A%E9%9D%9E%E6%A0%87%E5%87%86%E5%AE%A1%E8%AE%A1%E6%84%8F%E8%A7%81%E6%89%80%E6%B6%89%E4%BA%8B%E9%A1%B9%E7%9A%84%E5%8F%98%E5%8C%96%E5%8F%8A%E5%A4%84%E7%90%86%E6%83%85%E5%86%B5) During the reporting period, the company's prior year's annual report had no matters involving non-standard audit opinions - During the reporting period, the company's prior year's annual report had no matters involving non-standard audit opinions[44](index=44&type=chunk) [Bankruptcy Reorganization Matters](index=22&type=section&id=%E5%85%AD%E3%80%81%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%E7%9B%B8%E5%85%B3%E4%BA%8B%E9%A1%B9) During the reporting period, the company had no bankruptcy reorganization related matters - During the reporting period, the company had no bankruptcy reorganization related matters[44](index=44&type=chunk) [Significant Litigation and Arbitration](index=22&type=section&id=%E4%B8%83%E3%80%81%E9%87%8D%E5%A4%A7%E8%AF%89%E8%AE%BC%E3%80%81%E4%BB%B2%E8%A3%81%E4%BA%8B%E9%A1%B9) During the reporting period, the company had no significant litigation or arbitration matters - During the reporting period, the company had no significant litigation or arbitration matters[44](index=44&type=chunk) [Violations and Penalties](index=22&type=section&id=%E5%85%AB%E3%80%81%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E3%80%81%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E3%80%81%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E6%B6%89%E5%AB%8C%E8%BF%9D%E6%B3%95%E8%BF%9D%E8%A7%84%E3%80%81%E5%8F%97%E5%88%B0%E5%A4%84%E7%BD%9A%E5%8F%8A%E6%95%B4%E6%94%B9%E6%83%85%E5%86%B5) During the reporting period, the company, its directors, supervisors, senior management, controlling shareholders, and actual controllers had no suspected violations, penalties, or rectification situations - During the reporting period, the company, its directors, supervisors, senior management, controlling shareholders, and actual controllers had no suspected violations, penalties, or rectification situations[44](index=44&type=chunk) [Explanation of Integrity Status](index=22&type=section&id=%E4%B9%9D%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E3%80%81%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E8%AF%9A%E4%BF%A1%E7%8A%B6%E5%86%B5%E7%9A%84%E8%AF%B4%E6%98%8E) During the reporting period, the company, its controlling shareholders, and actual controllers had no adverse integrity issues such as unfulfilled court judgments or overdue significant debts - During the reporting period, the company, its controlling shareholders, and actual controllers had no adverse integrity issues such as unfulfilled court judgments or overdue significant debts[44](index=44&type=chunk) [Significant Related Party Transactions](index=22&type=section&id=%E5%8D%81%E3%80%81%E9%87%8D%E5%A4%A7%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) The company's 2024 estimated daily related party transactions were approved by the shareholders' meeting, with actual procurement and sales transactions of **1.4748 million RMB** and **19.8901 million RMB** respectively, both below estimates, and the company receives an annual management fee of **1.02 million RMB** for managing VEM GmbH - The company's estimated daily related party transactions for 2024 were approved by the shareholders' meeting on April 19, 2024[44](index=44&type=chunk) 2024 Half-Year Daily Related Party Transactions | Transaction Type | Actual Amount (RMB 10,000) | Estimated Amount (RMB 10,000) | | :--- | :--- | :--- | | Procurement Transactions | 147.48 | Less than estimated | | Sales Transactions | 1,989.01 | Less than estimated | - The company manages VEM GmbH and its subsidiaries on behalf of VEM Holding, receiving an annual management fee of **1.02 million RMB** (including tax), with the agreement currently being fulfilled[46](index=46&type=chunk) [Fulfillment of Significant Contracts](index=24&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E9%87%8D%E5%A4%A7%E5%90%88%E5%90%8C%E5%8F%8A%E5%85%B6%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) The company has fully delivered on its contract with RVR Engineering Ltd for the India Flood Control and Irrigation Pumping Project, with motors currently being installed, though delivery was delayed compared to the original contract - The company has fully delivered on its contract with RVR Engineering Ltd for the India Flood Control and Irrigation Pumping Project, with motors currently being installed, but the delivery period was delayed compared to the original contract[47](index=47&type=chunk) [Progress of Raised Funds Utilization](index=24&type=section&id=%E5%8D%81%E4%BA%8C%E3%80%81%E5%8B%9F%E9%9B%86%E8%B5%84%E9%87%91%E4%BD%BF%E7%94%A8%E8%BF%9B%E5%B1%95%E8%AF%B4%E6%98%8E) During the reporting period, the company did not disclose the progress of its raised funds utilization - During the reporting period, the company did not disclose the progress of its raised funds utilization[48](index=48&type=chunk) [Other Significant Matters](index=24&type=section&id=%E5%8D%81%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E5%A4%A7%E4%BA%8B%E9%A1%B9%E7%9A%84%E8%AF%B4%E6%98%8E) The company's controlling shareholder, Ningbo JunTuo, and Beijing Gaodi Resources Development Co, Ltd, signed a share transfer agreement, with Wang Jianyu and Wang Jiankai also signing share transfer and voting rights waiver agreements, which will result in a change of controlling shareholder and actual controller, but the transaction's completion is uncertain due to pending approvals and acquisition funding - The company's controlling shareholder, Ningbo JunTuo, signed a share transfer agreement with Beijing Gaodi Resources Development Co, Ltd, and Wang Jianyu and Wang Jiankai also signed share transfer and voting rights waiver agreements[48](index=48&type=chunk) - Gaodi Resources will acquire a total of **70,560,000 shares** (**30.00%** of the total share capital), and Wang Jianyu and Wang Jiankai committed to waive voting rights for **53,159,536 shares** (**22.60%** of the total share capital) they hold[48](index=48&type=chunk)[49](index=49&type=chunk) - Upon completion of this equity change, Gaodi Resources will become the company's controlling shareholder, and Guo Wenjun will become the actual controller[49](index=49&type=chunk) - This agreement transfer is subject to compliance review by the Shanghai Stock Exchange and transfer procedures, and the availability of acquisition funds (total consideration of **868 million RMB**, of which **520 million RMB** is from an acquisition loan) is uncertain, potentially leading to transaction failure[29](index=29&type=chunk)[30](index=30&type=chunk)[49](index=49&type=chunk) [Section VII Share Changes and Shareholder Information](index=26&type=section&id=%E7%AC%AC%E4%B8%83%E8%8A%82%20%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E5%8F%8A%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) This section details the company's share capital changes, shareholder structure, and shareholding changes of directors, supervisors, and senior management [Share Capital Changes](index=26&type=section&id=%E4%B8%80%E3%80%81%E8%82%A1%E6%9C%AC%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the company's total share capital or share structure - During the reporting period, there were no changes in the company's total share capital or share structure[50](index=50&type=chunk) [Shareholder Information](index=26&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) As of the end of the reporting period, the company had **22,495** common shareholders, with Ningbo JunTuo Enterprise Management Co, Ltd, Wang Jianyu, and Wang Jiankai as the top three shareholders, the latter two being parties acting in concert with pledged shares - As of the end of the reporting period, the total number of common shareholders was **22,495**[50](index=50&type=chunk) Top Ten Shareholders' Shareholding as of the End of the Reporting Period | Shareholder Name | Ending Shareholding (shares) | Percentage (%) | Share Status | Pledged, Marked, or Frozen Quantity (shares) | | :--- | :--- | :--- | :--- | :--- | | Ningbo JunTuo Enterprise Management Co, Ltd | 55,202,000 | 23.47 | None | 0 | | Wang Jianyu | 50,570,294 | 21.50 | Pledged | 19,827,360 | | Wang Jiankai | 36,340,442 | 15.45 | Pledged | 7,290,640 | - Wang Jianyu and Wang Jiankai, brothers, are parties acting in concert and have signed a concerted action agreement[51](index=51&type=chunk) - Wang Jianyu waived voting rights for **16,819,094 shares**, and Wang Jiankai waived voting rights for **36,340,442 shares**[51](index=51&type=chunk) [Changes in Shareholdings of Directors, Supervisors, and Senior Management](index=28&type=section&id=%E4%B8%89%E3%80%81%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E5%92%8C%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the shareholdings of the company's current and former directors, supervisors, and senior management - During the reporting period, there were no changes in the shareholdings of the company's current and former directors, supervisors, and senior management[52](index=52&type=chunk) [Change in Controlling Shareholder or Actual Controller](index=28&type=section&id=%E5%9B%9B%E3%80%81%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E6%88%96%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E5%8F%98%E6%9B%B4%E6%83%85%E5%86%B5) During the reporting period, there was no change in the company's controlling shareholder or actual controller - During the reporting period, there was no change in the company's controlling shareholder or actual controller[52](index=52&type=chunk) [Section VIII Preferred Stock Related Information](index=29&type=section&id=%E7%AC%AC%E5%85%AB%E8%8A%82%20%E4%BC%98%E5%85%88%E8%82%A1%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) This section confirms that the company has no preferred stock related information [Preferred Stock Related Information](index=29&type=section&id=%E4%BC%98%E5%85%88%E8%82%A1%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) The company has no preferred stock related information - The company has no preferred stock related information[53](index=53&type=chunk) [Section IX Bond Related Information](index=30&type=section&id=%E7%AC%AC%E4%B9%9D%E8%8A%82%20%E5%80%BA%E5%88%B8%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) This section confirms that the company has no corporate bonds, debt financing instruments, or convertible corporate bonds [Corporate Bonds and Debt Financing Instruments](index=30&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E5%80%BA%E5%88%B8%EF%BC%88%E5%90%AB%E4%BC%81%E4%B8%9A%E5%80%BA%E5%88%B8%EF%BC%89%E5%92%8C%E9%9D%9E%E9%87%91%E8%9E%8D%E4%BC%81%E4%B8%9A%E5%80%BA%E5%8A%A1%E8%9E%8D%E8%B5%84%E5%B7%A5%E5%85%B7) The company has no corporate bonds (including enterprise bonds) or non-financial enterprise debt financing instruments - The company has no corporate bonds (including enterprise bonds) or non-financial enterprise debt financing instruments[54](index=54&type=chunk) [Convertible Corporate Bonds](index=30&type=section&id=%E4%BA%8C%E3%80%81%E5%8F%AF%E8%BD%AC%E6%8D%A2%E5%85%AC%E5%8F%B8%E5%80%BA%E5%88%B8%E6%83%85%E5%86%B5) The company has no convertible corporate bonds - The company has no convertible corporate bonds[54](index=54&type=chunk) [Section X Financial Report](index=31&type=section&id=%E7%AC%AC%E5%8D%81%E8%8A%82%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A) This section presents the company's financial statements, including the audit report, balance sheet, income statement, cash flow statement, and statement of changes in owners' equity, along with detailed notes on accounting policies and financial items [Audit Report](index=31&type=section&id=%E4%B8%80%E3%80%81%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) This semi-annual report has not been audited - This semi-annual report has not been audited[55](index=55&type=chunk) [Financial Statements](index=31&type=section&id=%E4%BA%8C%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section provides the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity, comprehensively reflecting the financial position and operating results at the end of the reporting period [Consolidated Balance Sheet](index=31&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of June 30, 2024, the company's total assets were **1,090,173,636.21 RMB**, a slight decrease from the beginning of the period, with total liabilities of **446,347,368.16 RMB** and total owners' equity of **643,826,268.05 RMB** Consolidated Balance Sheet Key Data (June 30, 2024) | Item | Ending Balance (RMB) | Beginning Balance (RMB) | | :--- | :--- | :--- | | Monetary Funds | 80,846,584.95 | 93,044,549.87 | | Trading Financial Assets | 40,544,539.10 | 62,320,749.40 | | Accounts Receivable | 286,323,148.10 | 299,834,067.38 | | Inventories | 320,731,706.95 | 264,904,074.68 | | Contract Assets | 83,154,462.28 | 79,663,334.03 | | Fixed Assets | 109,786,521.70 | 116,463,365.40 | | Notes Payable | 152,517,641.75 | 153,419,372.00 | | Accounts Payable | 158,401,592.08 | 146,671,961.42 | | Contract Liabilities | 78,915,258.25 | 69,112,026.82 | | Total Liabilities | 446,347,368.16 | 447,245,667.30 | | Total Owners' Equity | 643,826,268.05 | 664,586,569.97 | | Total Assets | 1,090,173,636.21 | 1,111,832,237.27 | [Consolidated Income Statement](index=35&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) From January to June 2024, the company's operating revenue was **252,809,285.77 RMB**, a **28.24%** year-on-year decrease, resulting in a net loss of **-24,815,569.18 RMB**, a **340.87%** year-on-year decline, mainly due to a significant reduction in fair value change gains and increased credit impairment losses Consolidated Income Statement Key Data (Jan-Jun 2024) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Operating Revenue | 252,809,285.77 | 352,276,159.96 | | Operating Costs | 198,067,792.18 | 273,444,646.47 | | Selling Expenses | 20,941,258.50 | 20,849,761.00 | | Administrative Expenses | 20,496,370.06 | 30,976,772.22 | | R&D Expenses | 8,841,089.59 | 13,730,660.57 | | Financial Expenses | -73,788.58 | 327,120.30 | | Investment Income | 0.00 | 2,852,988.26 | | Fair Value Change Gains | -21,135,273.90 | 1,406,716.80 | | Credit Impairment Losses | -6,675,157.50 | -2,158,549.17 | | Total Profit | -24,905,051.07 | 11,446,402.76 | | Net Profit | -24,815,569.18 | 10,302,482.93 | | Basic Earnings Per Share (RMB/share) | -0.11 | 0.04 | [Consolidated Cash Flow Statement](index=38&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) From January to June 2024, the company's net cash flow from operating activities was **1,142,197.82 RMB**, a significant **93.50%** year-on-year decrease, with net cash flow from investment activities at **0 RMB** and net cash flow from financing activities at **-14,112,000.01 RMB**, primarily due to dividend distribution Consolidated Cash Flow Statement Key Data (Jan-Jun 2024) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Cash received from sales of goods and provision of services | 314,691,031.31 | 412,059,935.48 | | Net cash flow from operating activities | 1,142,197.82 | 17,561,484.16 | | Net cash flow from investment activities | 0.00 | 5,023,227.89 | | Net cash flow from financing activities | -14,112,000.01 | 0.00 | | Net increase in cash and cash equivalents | -12,121,127.82 | 22,289,988.44 | [Consolidated Statement of Changes in Owners' Equity](index=41&type=section&id=%E5%90%88%E5%B9%B6%E6%89%80%E6%9C%89%E8%80%85%E6%9D%83%E7%9B%8A%E5%8F%98%E5%8A%A8%E8%A1%A8) As of June 30, 2024, total owners' equity attributable to the parent company was **643,826,268.05 RMB**, a decrease from **664,586,569.97 RMB** at the beginning of the period, mainly due to the net loss incurred in the current period Consolidated Statement of Changes in Owners' Equity Key Data (Jan-Jun 2024) | Item | Beginning Balance (RMB) | Change in Current Period (RMB) | Ending Balance (RMB) | | :--- | :--- | :--- | :--- | | Paid-in Capital (or Share Capital) | 235,200,000.00 | 0.00 | 235,200,000.00 | | Capital Reserve | 172,842,633.55 | 0.00 | 172,842,633.55 | | Special Reserve | 8,965,136.97 | 0.00 | 8,965,136.97 | | Surplus Reserve | 71,227,527.66 | 12,545,106.29 | 83,772,633.95 | | Undistributed Profits | 176,351,271.79 | -33,305,408.21 | 143,045,863.58 | | Total Owners' Equity Attributable to Parent Company | 664,586,569.97 | -20,760,301.92 | 643,826,268.05 | [Company Basic Information](index=51&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5) Zhongdian Motor Co, Ltd, established on April 8, 2003, with a registered capital of **235.2 million RMB**, listed on the Shanghai Stock Exchange on November 4, 2014, specializes in the R&D, manufacturing, sales, and service of electrical machinery and equipment - Zhongdian Motor Co, Ltd was established on April 8, 2003, with a registered capital of **235.2 million RMB**, and its shares were listed on the Shanghai Stock Exchange on November 4, 2014[83](index=83&type=chunk) - The company's main business includes the R&D, design, manufacturing, processing, sales, and service of AC and DC motors, generators and generator sets, transformers, inverters, and electrical control systems[83](index=83&type=chunk) [Basis of Financial Statement Preparation](index=51&type=section&id=%E5%9B%9B%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%9A%84%E7%BC%96%E5%88%B6%E5%9F%BA%E7%A1%80) The company's financial statements are prepared on a going concern basis, with no significant doubts about its ability to continue as a going concern - The company's financial statements are prepared on a going concern basis[84](index=84&type=chunk) - There are no matters or circumstances that would 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[85](index=85&type=chunk) [Significant Accounting Policies and Estimates](index=51&type=section&id=%E4%BA%94%E3%80%81%E9%87%8D%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%94%BF%E7%AD%96%E5%8F%8A%E4%BC%9A%E8%AE%A1%E4%BC%B0%E8%AE%A1) The company has established specific accounting policies and estimates for financial instrument impairment, fixed asset depreciation, intangible asset amortization, and revenue recognition, covering various aspects of financial reporting - The company has formulated specific accounting policies and estimates for transactions and events such as financial instrument impairment, fixed asset depreciation, intangible asset amortization, and revenue recognition, based on its actual production and operating characteristics[86](index=86&type=chunk) - The company's financial assets are classified into three categories: measured at amortized cost, measured at fair value through other comprehensive income, and measured at fair value through profit or loss[95](index=95&type=chunk) - The company provides loss provisions for financial instruments such as accounts receivable and contract assets based on expected credit losses, using a simplified measurement method[97](index=97&type=chunk) - Inventories are valued using the weighted average method at month-end and measured at the lower of cost and net realizable value, with provisions for inventory depreciation[108](index=108&type=chunk)[109](index=109&type=chunk) - Revenue recognition principles involve identifying distinct performance obligations and recognizing revenue when performance obligations are satisfied over time or at a point in time, with revenue from major product sales recognized when customers obtain control of the goods[132](index=132&type=chunk) - Government grants are classified as asset-related or income-related, either reducing the carrying amount of assets or recognized as deferred income, or recognized in current profit or loss or offsetting related costs[135](index=135&type=chunk) [Taxation](index=68&type=section&id=%E5%85%AD%E3%80%81%E7%A8%8E%E9%A1%B9) The company's main taxes include VAT, urban maintenance and construction tax, corporate income tax, education surcharge, and local education surcharge, benefiting from high-tech enterprise income tax incentives and advanced manufacturing VAT input tax deduction policies Main Tax Categories and Rates | Tax Category | Tax Basis | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax | Sales of goods and taxable services revenue | 6%, 13% | | Urban Maintenance and Construction Tax | Actual amount of turnover tax paid | 7% | | Corporate Income Tax | Taxable income | 20%, 16.5%, 15% | | Education Surcharge | Actual amount of turnover tax paid | 3% | | Local Education Surcharge | Actual amount of turnover tax paid | 2% | - As a high-tech enterprise, the company's corporate income tax rate for 2023 is **15%**[141](index=141&type=chunk)[142](index=142&type=chunk) - The subsidiary Wuxi Zhongdian Motor Technology Co, Ltd enjoys corporate income tax preferential policies for small and micro-profit enterprises[142](index=142&type=chunk) - As an advanced manufacturing enterprise, the company enjoys a **5%** additional VAT input tax deduction policy[142](index=142&type=chunk) [Notes to Consolidated Financial Statement Items](index=69&type=section&id=%E4%B8%83%E3%80%81%E5%90%88%E5%B9%B6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E6%B3%A8%E9%87%8A) This section provides detailed notes on various consolidated financial statement items, including monetary funds, trading financial assets, accounts receivable, inventories, fixed assets, and income statement components, offering a comprehensive breakdown of the company's financial position and performance Monetary Funds Composition (June 30, 2024) | Item | Ending Balance (RMB) | | :--- | :--- | | Cash on hand | 41,926.24 | | Bank deposits | 51,783,081.38 | | Other monetary funds | 29,021,577.33 | | Total | 80,846,584.95 | | Of which: Total funds deposited overseas | 383,670.21 | Trading Financial Assets (June 30, 2024) | Item | Ending Balance (RMB) | Beginning Balance (RMB) | | :--- | :--- | :--- | | Equity instrument investments | 40,544,539.10 | 62,320,749.40 | Accounts Receivable Aging Distribution (June 30, 2024) | Aging | Ending Book Balance (RMB) | | :--- | :--- | | Within 1 year | 244,647,663.34 | | 1 to 2 years | 50,667,594.60 | | 2 to 3 years | 6,503,650.85 | | 3 to 4 years | 30,848,062.80 | | 4 to 5 years | 1,453,452.12 | | Over 5 years | 8,264,790.52 | | Total | 342,385,214.23 | Inventory Classification (June 30, 2024) | Item | Ending Book Value (RMB) | Beginning Book Value (RMB) | | :--- | :--- | :--- | | Raw materials | 66,094,297.38 | 57,535,659.66 | | Work in progress | 151,615,886.62 | 55,814,130.84 | | Finished goods | 103,021,522.95 | 148,396,246.62 | | Total | 320,731,706.95 | 264,904,074.68 | Fixed Assets Book Value (June 30, 2024) | Item | Ending Book Value (RMB) | Beginning Book Value (RMB) | | :--- | :--- | :--- | | Buildings and structures | 44,788,820.15 | 46,817,099.16 | | Machinery and equipment | 64,121,727.04 | 68,515,822.96 | | Transportation vehicles | 809,805.53 | 1,058,305.30 | | Other equipment | 66,168.98 | 72,137.98 | | Total | 109,786,521.70 | 116,463,365.40 | Employee Remuneration Payable (June 30, 2024) | Item | Beginning Balance (RMB) | Increase in Current Period (RMB) | Decrease in Current Period (RMB) | Ending Balance (RMB) | | :--- | :--- | :--- | :--- | :--- | | Short-term remuneration | 16,900,163.30 | 68,898,180.19 | 77,768,184.97 | 8,030,158.52 | | Post-employment benefits - defined contribution plans | 0.00 | 3,819,889.32 | 4,547,541.19 | -727,651.87 | | Total | 16,900,163.30 | 72,718,069.51 | 82,315,726.16 | 7,302,506.65 | Operating Revenue and Operating Costs (Jan-Jun 2024) | Item | Current Period Revenue (RMB) | Current Period Costs (RMB) | Prior Period Revenue (RMB) | Prior Period Costs (RMB) | | :--- | :--- | :--- | :--- | :--- | | Main business | 252,424,918.17 | 198,067,792.18 | 352,063,675.60 | 273,444,646.47 | | Other business | 384,367.60 | 0.00 | 212,484.36 | 0.00 | | Total | 252,809,285.77 | 198,067,792.18 | 352,276,159.96 | 273,444,646.47 | Fair Value Change Gains (Jan-Jun 2024) | Source of Fair Value Change Gains | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Trading financial assets | -21,135,273.90 | 1,406,716.80 | | Total | -21,135,273.90 | 1,406,716.80 | Credit Impairment Losses (Jan-Jun 2024) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Bad debt losses on accounts receivable | -6,675,157.50 | -2,158,549.17 | | Total | -6,675,157.50 | -2,158,549.17 | [R&D Expenses](index=109&type=section&id=%E5%85%AB%E3%80%81%E7%A0%94%E5%8F%91%E6%94%AF%E5%87%BA) From January to June 2024, the company's total R&D expenses were **8,841,089.59 RMB**, all expensed, primarily comprising employee remuneration, fuel, and power costs R&D Expenses by Nature of Expense (Jan-Jun 2024) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Employee remuneration | 8,135,694.29 | 11,593,881.01 | | Material costs | 0.00 | 1,473,003.02 | | Depreciation | 223,059.32 | 330,793.70 | | Fuel and power | 482,335.98 | 332,982.84 | | Total | 8,841,089.59 | 13,730,660.57 | | Of which: Expensed R&D expenditure | 8,841,089.59 | 13,730,660.57 | | Capitalized R&D expenditure | 0.00 | 0.00 | [Changes in Consolidation Scope](index=110&type=section&id=%E4%B9%9D%E3%80%81%E5%90%88%E5%B9%B6%E8%8C%83%E5%9B%B4%E7%9A%84%E5%8F%98%E6%9B%B4) During the reporting period, the company had no changes in its consolidation scope due to non-common control business combinations, common control business combinations, reverse acquisitions, or disposal of subsidiaries - During the reporting period, the company had no changes in its consolidation scope due to non-common control business combinations, common control business combinations, reverse acquisitions, or disposal of subsidiaries[218](index=218&type=chunk) [Interests in Other Entities](index=110&type=section&id=%E5%8D%81%E3%80%81%E5%9C%A8%E5%85%B6%E4%BB%96%E4%B8%BB%E4%BD%93%E4%B8%AD%E7%9A%84%E6%9D%83%E7%9B%8A) This section does not disclose detailed information on the composition of the enterprise group, important non-wholly-owned subsidiaries, their key financial information, significant restrictions on the use of group assets, or other equity interests - This section does not disclose detailed information on the composition of the enterprise group, important non-wholly-owned subsidiaries, important non-wholly-owned subsidiaries' key financial information, or other detailed information[218](index=218&type=chunk)[219](index=219&type=chunk) [Government Grants](index=111&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E6%94%BF%E5%BA%9C%E8%A1%A5%E5%8A%A9) From January to June 2024, the company recognized government grants of **703,620.97 RMB** in current profit or loss, compared to **632,124.52 RMB** in the prior period Government Grants Recognized in Current Profit or Loss (Jan-Jun 2024) | Type | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Other | 703,620.97 | 632,124.52 | | Total | 703,620.97 | 632,124.52 | [Risks Related to Financial Instruments](index=111&type=section&id=%E5%8D%81%E4%BA%8C%E3%80%81%E4%B8%8E%E9%87%91%E8%9E%8D%E5%B7%A5%E5%85%B7%E7%9B%B8%E5%85%B3%E7%9A%84%E9%A3%8E%E9%99%A9) This section does not provide detailed disclosures regarding risks related to financial instruments, hedging activities, or transfers of financial assets - This section does not provide detailed disclosures regarding risks related to financial instruments, hedging activities, or transfers of financial assets[219](index=219&type=chunk)[220](index=220&type=chunk) [Fair Value Disclosure](index=112&type=section&id=%E5%8D%81%E4%B8%89%E3%80%81%E5%85%AC%E5%85%81%E4%BB%B7%E5%80%BC%E7%9A%84%E6%8A%AB%E9%9C%B2) As of June 30, 2024, the company's total assets measured at fair value on a recurring basis amounted to **40,544,539.10 RMB**, entirely comprising equity instrument investments within trading financial assets, measured using Level 1 fair value inputs Fair Value of Assets and Liabilities Measured at Fair Value at Period End (June 30, 2024) | Item | Level 1 Fair Value Measurement (RMB) | Total (RMB) | | :--- | :--- | :--- | | Trading financial assets | 40,544,539.10 | 40,544,539.10 | | Of which: Equity instrument investments | 40,544,539.10 | 40,544,539.10 | | Total assets measured at fair value on a recurring basis | 40,544,539.10 | 40,544,539.10 | [Related Parties and Related Party Transactions](index=114&type=section&id=%E5%8D%81%E5%9B%9B%E3%80%81%E5%85%B3%E8%81%94%E6%96%B9%E5%8F%8A%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) The company engages in related party transactions with VEM Motor (China) Co, Ltd, involving the procurement of motor parts (**1,474,840.08 RMB**), sales of motor parts (**1,681,457.40 RMB**), and provision of processing services (**18,205,839.99 RMB**), with key management personnel compensation totaling **2.4101 million RMB** Related Party Transactions for Purchase and Sale of Goods, and Provision and Acceptance of Services (Jan-Jun 2024) | Related Party | Related Transaction Content | Current Period Amount (RMB) | | :--- | :--- | :--- | | VEM Motor (China) Co, Ltd | Motor parts (procurement) | 1,474,840.08 | | VEM Motor (China) Co, Ltd | Motor parts (sales) | 1,681,457.40 | | VEM Motor (China) Co, Ltd | Processing fees (sales) | 18,205,839.99 | Key Management Personnel Compensation (Jan-Jun 2024) | Item | Current Period Amount (RMB 10,000) | | :--- | :--- | | Key management personnel compensation | 241.01 | Accounts Receivable and Payable with Related Parties (June 30, 2024) | Item Name | Related Party | Ending Book Balance (RMB) | | :--- | :--- | :--- | | Accounts Receivable | VEM Motor (China) Co, Ltd | 33,676.68 | | Accounts Payable | VEM Motor (China) Co, Ltd | 637,708.55 | [Share-Based Payment](index=117&type=section&id=%E5%8D%81%E4%BA%94%E3%80%81%E8%82%A1%E4%BB%BD%E6%94%AF%E4%BB%98) During the reporting period, the company had no share-based payment related information - During the reporting period, the company had no share-based payment related information[228](index=228&type=chunk) [Commitments and Contingencies](index=117&type=section&id=%E5%8D%81%E5%85%AD%E3%80%81%E6%89%BF%E8%AF%BA%E5%8F%8A%E6%88%96%E6%9C%89%E4%BA%8B%E9%A1%B9) During the reporting period, the company had no significant commitments or contingencies requiring disclosure - During the reporting period, the company had no significant commitments or contingencies requiring disclosure[228](index=228&type=chunk) [Events After the Balance Sheet Date](index=117&type=section&id=%E5%8D%81%E4%B8%83%E3%80%81%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8%E6%97%A5%E5%90%8E%E4%BA%8B%E9%A1%B9) From the end of the reporting period until the approval date of the financial statements, the company had no significant non-adjusting events, profit distribution, or sales returns - From the end of the reporting period until the approval date of the financial statements, the company had no significant non-adjusting events, profit distribution, or sales returns[228](index=228&type=chunk)[229](index=229&type=chunk) [Other Significant Matters](index=118&type=section&id=%E5%8D%81%E5%85%AB%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) During the reporting period, the company had no other significant transactions or events that would influence investor decisions, such as prior period accounting error corrections, major debt restructurings, asset replacements, or discontinued operations - During the reporting period, the company had no prior period accounting error corrections, significant debt restructurings, asset replacements, annuity plans, discontinued operations, or segment information, or other significant transactions and events that would influence investor decisions[229](index=229&type=chunk)[230](index=230&type=chunk) [Notes to Parent Company Financial Statement Items](index=119&type=section&id=%E5%8D%81%E4%B9%9D%E3%80%81%E6%AF%8D%E5%85%AC%E5%8F%B8%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E4%B8%BB%E8%A6%81%E9%A1%B9%E7%9B%AE%E6%B3%A8%E9%87%8A) This section provides detailed notes on the parent company's financial statement items, including accounts receivable, other receivables, long-term equity investments, and operating revenue and costs, with accounts receivable totaling **341,988,201.67 RMB** and long-term equity investments primarily in Aceyec (Hong Kong) Co, Ltd Parent Company Accounts Receivable Aging Distribution (June 30, 2024) | Aging | Ending Book Balance (RMB) | | :--- | :--- | | Within 1 year | 244,250,650.78 | | 1 to 2 years | 50,667,594.60 | | 2 to 3 years | 6,503,650.85 | | 3 to 4 years | 30,848,062.80 | | 4 to 5 years | 1,453,452.12 | | Over 5 years | 8,264,790.52 | | Total | 341,988,201.67 | Parent Company Accounts Receivable Bad Debt Provision Classification Disclosure (June 30, 2024) | Category | Book Balance (RMB) | Percentage (%) | Bad Debt Provision (RMB) | Provision Rate (%) | Book Value (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | | Provision for bad debts on an individual basis | 3,758,548.08 | 1.10 | 3,758,548.08 | 100 | 0.00 | | Provision for bad debts on a portfolio basis | 338,229,653.59 | 98.90 | 42,594,761.86 | 12.59 | 295,634,891.73 | | Total | 341,988,201.67 | / | 46,353,309.94 | / | 295,634,891.73 | Parent Company Long-Term Equity Investments (June 30, 2024) | Item | Book Balance (RMB) | Book Value (RMB) | | :--- | :--- | :--- | | Investments in subsidiaries | 91,378.00 | 91,378.00 | | Total | 91,378.00 | 91,378.00 | - The parent company's investment in its subsidiary, Aceyec (Hong Kong) Co, Ltd, had an ending balance of **91,378.00 RMB**[242](index=242&type=chunk) Parent Company Operating Revenue and Operating Costs (Jan-Jun 2024) | Item | Current Period Revenue (RMB) | Current Period Costs (RMB) | | :--- | :--- | :--- | | Main business | 252,424,918.17 | 198,067,792.18 | | Other business | 384,367.60 | 0.00 | | Total | 252,809,285.77 | 198,067,792.18 | [Supplementary Information](index=128&type=section&id=%E4%BA%8C%E5%8D%81%E3%80%81%E8%A1%A5%E5%85%85%E8%B5%84%E6%96%99) This section provides supplementary information, including a detailed statement of non-recurring gains and losses, primarily impacted by fair value changes in trading financial assets, and net asset return and earnings per share data, with basic and diluted EPS both at **-0.11 RMB/share** Current Period Non-Recurring Gains and Losses Detailed Statement (Jan-Jun 2024) | Item | Amount (RMB) | | :--- | :--- | | Gains and losses from disposal of non-current assets | 608.67 | | Government grants recognized in current profit or loss | 703,620.97 | | Gains and losses fro

证券代码：603988 证券简称：中电电机 公告编号：临 2024-030 中电电机股份有限公司 关于增加 2024 年度日常关联交易预计额度的公告 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： 本议案还需提交股东大会审议。 本次日常关联交易不影响公司独立性，不会导致公司对关联方形成依 赖。 本次增加公司2024年度日常关联交易预计额度3,000万元。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 1、中电电机股份有限公司（以下简称"公司"）公司第五届董、监事会第八 次会议及 2023 年年度股东大会审议并通过了《关于 2024 年度日常关联交易预 计的议案》。关联董事王建裕先生回避表决，独立董事对该事项发表了事前认可 及同意的独立意见。 2、2024 年 8 月 16 日，公司召开的第五届董事会独立董事第二次专门会议 审议通过了《关于增加 2024 年度日常关联交易预计额度的议案》，并发表如下 审核意见：本次增加 2024 年度预计日常关联交易是公司因正常生产经营需要而 发生的，公司与关 ...

证券代码：603988 证券简称：中电电机 公告编号：2024-031 中电电机股份有限公司 关于召开 2024 年第一次临时股东大会的通知 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： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024 年第一次临时股东大会 召开的日期时间：2024 年 9 月 9 日 14 点 00 分 召开地点：无锡市高浪东路 777 号公司会议室 (五) 网络投票的系统、起止日期和投票时间。 股东大会召开日期：2024年9月9日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二) 股东大会召集人：董事会 (三) 投票方式：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 (四) 现场会议召开的日期、时间和地点 网络投票系统：上海证券交易所股东大会网络投票系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联 ...

证券代码：603988 证券简称：中电电机 公告编号：临 2024-028 中电电机股份有限公司 第五届监事会第十次会议决议公告 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个别及连带责任。 一、监事会会议召开情况 中电电机股份有限公司（以下简称"公司"）第五届监事会第十次会议于 2024 年 8 月 23 日上午 10:00 在无锡市高浪东路 777 号公司会议室以现场结合通讯方式召 开，本次会议通知于 2024 年 8 月 13 日以邮件或信息等方式通知全体监事。会议由 监事会主席刘辉女士召集并主持，会议应出席监事 3 人，实际出席监事 3 人。本次 会议的召开程序符合《中华人民共和国公司法》和《中电电机股份有限公司章程》 的规定，会议合法有效。 二、监事会会议审议情况 1、审议并通过《关于 2024 年半年度报告及摘要的议案》 表决结果：同意：3 票；反对：0 票；弃权：0 票。 2、审议并通过《关于继续聘请会计师事务所的议案》 表决结果：同意：3 票；反对：0 票；弃权：0 票。 本议案尚需提交公司股东大会审议。 具体内容详见 ...