Summary of the Conference Call for Huafeng Co., Ltd. Company Overview - **Company**: Huafeng Co., Ltd. - **Industry**: Manufacturing of core components, diesel engines, intelligent generator sets, and communication base station operation and maintenance services Key Points from the Conference Call 1. 2023 Annual Operating Performance - The company focused on market and customer needs, emphasizing the R&D, manufacturing, and sales of core components, diesel engines, and intelligent generator sets, as well as communication base station operation services [3][4] - Core components include mechanical and electronic parts, primarily used in heavy trucks, light trucks, engineering machinery, and buses [3] - Diesel engines are targeted at non-road applications, with power coverage from 10 kW to 176 kW [4] - Intelligent generator sets range from 5 kW to 2000 kW, customizable based on client needs [5] 2. Financial Performance - In 2023, the company achieved a revenue of **1.352 billion** CNY, a year-on-year increase of **81.56%** [6] - Net profit attributable to shareholders was **109 million** CNY, up **363.23%** year-on-year [6] - Earnings per share reached **0.64** CNY, reflecting a **357.14%** increase [6] - The asset-liability ratio at the end of 2023 was **21.47%**, an increase of **1.34 percentage points** year-on-year, indicating a healthy asset status [7] - Gross profit margin was **19.2%**, up **6.56 percentage points** year-on-year, while net profit margin was **8.08%**, an increase of **5 percentage points** [7] 3. Revenue Structure - Core components accounted for **80.22%** of total revenue, diesel engines and intelligent generator sets contributed **11.52%**, and communication base station services made up **6.45%** [8] - Core components revenue reached **1.085 billion** CNY, a **131.32%** increase, with a gross margin of **18.91%** [9] - The heavy truck market significantly influenced the company's performance, with a **36%** year-on-year increase in heavy truck sales in China [9] 4. Quarterly Performance in 2023 - The company reported quarterly revenues: - Q1: **385 million** CNY, up **87.15%** quarter-on-quarter - Q2: **330 million** CNY, down **14.39%** - Q3: **293 million** CNY, down **11.13%** - Q4: **345 million** CNY, up **17.64%** [10] 5. Profit Distribution Plan - The company proposed a cash dividend of **4 CNY** per 10 shares, totaling **67.9728 million** CNY, which is **62.19%** of the net profit attributable to shareholders [10] 6. Q1 2024 Performance - In Q1 2024, revenue was **307 million** CNY, a decrease of **20.33%** year-on-year, with net profit of **30.041 million** CNY, down **17.49%** [11] - The decline in performance was primarily due to reduced sales of components for diesel heavy trucks [11] Additional Insights - The company is actively exploring emerging markets and enhancing its product offerings to meet diverse customer needs [3][5] - The focus on R&D and product structure improvement is evident, particularly in the core components segment, which remains the most critical for revenue generation [9]

Group 1: Company Overview - The company is Huafeng Power Co., Ltd., with stock code 605100 and abbreviation Huafeng Shares [1] - The annual performance briefing for 2023 and the first quarter of 2024 was held on May 15, 2024 [1] Group 2: Investor Relations Activities - The event was conducted via video recording and online interaction at the Shanghai Stock Exchange Roadshow Center [1] - Key personnel included Chairman and General Manager Xu Huadong, Independent Director Yuan Xinwen, and Vice General Manager Wang Chunyan [1] Group 3: Business Operations and Product Development - The company currently does not have products applicable to household appliances [2] - Core components such as cylinder blocks and cylinder heads can be used in hydrogen internal combustion engines [2] - The company is collaborating with a research team on the industrialization of lithium metal solid-state batteries, targeting long-lasting power and storage batteries [2]

证券代码：605100 证券简称：华丰股份 华丰动力股份有限公司 投资者关系活动记录表  特定对象调研  分析师会议 投资者关系  媒体采访  业绩说明会 活动类别  新闻发布会  路演活动  现场参观  其他 活动名称 华丰股份2023年度暨2024年第一季度业绩说明会 时间 2024年5月15日（星期三）下午 15:00-16:30 方式 上证路演中心视频录播和网络互动 上海证券交易所上证路演中心 地点 网址：http://roadshow.sseinfo.com/ 董事长、总经理：徐华东先生 上市公司 独立董事：袁新文先生 接待人员 董事、董事会秘书、财务总监：王宏霞女士 董事、副总经理：王春燕女士 一、公司通过视频录播的方式对公司 2023 年度经营情 况、2023 年度利润分配方案、2024 年第一季度经营情况进 行解读。 ...

证券简称：华丰股份 证券代码：605100 华丰动力股份有限公司 2023 年年度股东大会 会议资料 2024 年 5 月 21 日 1 华丰动力股份有限公司 2023年年度股东大会会议须知 为维护股东的合法权益，确保华丰股份2023年年度股东大会的正常秩序和议 事效率，根据《公司法》《公司章程》和《股东大会议事规则》的有关规定，现 就会议须知通知如下，望参加本次大会的全体人员遵守。 一、本次大会期间，全体参会人员应维护股东的合法权益，确保大会的正常 秩序和议事效率，自觉履行法定义务。 二、为保证本次大会的严肃性和正常秩序，除出席会议的股东及股东代理人、 董事、监事、高级管理人员、公司聘任律师及公司董事会邀请的人员外，公司有 权依法拒绝其他人员入场，对于干扰大会秩序，寻衅滋事和侵犯其他股东合法权 益的行为，公司有权予以制止并及时报告有关部门查处。 三、股东到达会场后，请在"股东签到表"上签到。股东签到时，请出示以 下证件和文件： 1、法人股东的法定代表人出席会议的，应出示本人身份证、能证明其具有 法定代表人资格的有效证明；委托代理人出席会议的，代理人应出示本人身份证、 法人股东单位的法定代表人依法出具的书面授 ...

证券代码：605100 证券简称：华丰股份 公告编号：2024-017 华丰动力股份有限公司 关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： （网址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 （一）会议召开时间：2024 年 5 月 15 日（星期三）下午 15:00-16:30 会议召开时间：2024 年 5 月 15 日（星期三）下午 15:00-16:30 会议召开地点：上海证券交易所上证路演中心 （二）会议召开地点：上海证券交易所"上证路演中心" （网址：http://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2024 年 5 月 8 日（星期三）至 5 月 14 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 hfstock@powerhf.com 进行提问。公 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥306,726,978.13, representing a decrease of 20.33% compared to the same period last year[5] - The net profit attributable to shareholders was ¥30,041,022.38, down 17.49% year-on-year[5] - The basic earnings per share (EPS) was ¥0.18, reflecting a decline of 14.29% compared to the previous year[6] - In Q1 2024, the company's net profit was CNY 30,041,019.98, a decrease of 17.5% compared to CNY 36,409,194.47 in Q1 2023[22] - The total revenue from operating activities was CNY 92,970,245.23, down 24.4% from CNY 122,973,124.55 in the same period last year[26] - The company's operating profit for Q1 2024 was CNY 38,085,954.05, a decline of 10.8% from CNY 42,380,395.01 in Q1 2023[22] - The company reported a total comprehensive income of CNY 33,740,128.66 for Q1 2024, a decrease of 3.9% from CNY 35,099,023.49 in Q1 2023[23] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.18, down from CNY 0.21 in Q1 2023[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,492,117,799.45, an increase of 4.70% from the end of the previous year[6] - Total assets as of March 31, 2024, were RMB 2,492,117,799.45, an increase of 4.7% from RMB 2,380,294,474.59 at the end of 2023[18] - Total liabilities increased to RMB 589,146,203.57 in Q1 2024, up 15.3% from RMB 511,063,011.72 in Q4 2023[18] - The equity attributable to shareholders rose to RMB 1,902,971,469.14 as of March 31, 2024, compared to RMB 1,869,231,338.33 at the end of 2023, reflecting an increase of 1.8%[19] Cash Flow - The net cash flow from operating activities was negative at -¥60,603,456.41, indicating a significant cash outflow[5] - The cash flow from operating activities showed a net outflow of CNY 60,603,456.41, compared to a net outflow of CNY 56,947,107.94 in the previous year[27] - The company's cash and cash equivalents decreased to RMB 466,996,902.60 as of March 31, 2024, from RMB 545,514,937.45 at the end of 2023, representing a decline of 14.3%[16] - The cash and cash equivalents at the end of Q1 2024 were CNY 325,778,967.75, a decrease from CNY 507,915,725.00 at the end of Q1 2023[28] Operational Efficiency - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[21] - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future growth prospects[21] Receivables and Inventory - The company reported a significant increase in receivables financing by 323.57%, attributed to higher credit ratings of bank acceptance bills[10] - Accounts receivable decreased to RMB 211,165,782.34 in Q1 2024 from RMB 291,373,459.49 in Q4 2023, a reduction of 27.5%[17] - Inventory increased to RMB 184,044,483.64 in Q1 2024, up 25.9% from RMB 146,062,772.97 in Q4 2023[17] Government Subsidies and Expenses - The company received government subsidies amounting to ¥81,815.23, which are closely related to its normal business operations[8] - The company incurred research and development expenses of CNY 8,988,738.22, slightly up from CNY 8,881,836.01 in the previous year[22] - The total investment income for Q1 2024 was CNY 1,041,216.53, a significant drop from CNY 2,495,295.83 in Q1 2023[22] - The company experienced a foreign exchange gain of CNY 3,699,108.68 in Q1 2024, compared to a loss of CNY 1,310,170.98 in the same period last year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,627[13]

华丰动力股份有限公司（以下简称"公司"）于2024年4月30日在上海证券交 易所网站（www.sse.com.cn）披露了公司2024年第一季度报告，在文件上传的过程 中误将2024年第一季度报告标题中的年份错填，报告内容无误，现将标题更正为 《华丰动力股份有限公司2024年第一季度报告》。 除上述更正内容外，公司2024年第一季度报告的其他内容不变，公司对此次 更正给广大投资者带来的不便深表歉意,今后公司将加强信息披露文件的信息披 露质量。敬请广大投资者谅解。 特此公告。 证券代码：605100 证券简称：华丰股份 公告编号：2024-016 华丰动力股份有限公司 关于 2024 年第一季度报告的标题更正公告 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。 华丰动力股份有限公司董事会 2024年4月30日 ...

Financial Performance - The proposed profit distribution plan for 2023 includes a cash dividend of 4.00 RMB per 10 shares, totaling approximately 67,972,800.00 RMB, which represents 62.19% of the net profit attributable to shareholders[6]. - The company achieved operating revenue of RMB 1.352 billion in 2023, representing an increase of 81.56% compared to the previous year[22]. - Net profit attributable to shareholders reached RMB 109.29 million, a significant increase of 363.23% year-on-year[24]. - The net profit after deducting non-recurring gains and losses was RMB 102.46 million, up 372.62% from the previous year[22]. - The basic earnings per share rose to RMB 0.64, reflecting a growth of 357.14% compared to 2022[23]. - The weighted average return on equity increased by 4.70 percentage points to 6.01%[23]. - The company reported a net cash flow from operating activities of -RMB 55.30 million, a decrease of 119.04% year-on-year[25]. - Operating costs increased by 67.92% to 1,092,564,245.36 CNY, in line with revenue growth[49]. - The company reported a revenue increase of 15% year-over-year, reaching $500 million in Q4 2023[103]. - The company reported a net profit margin of 12%, up from 10% in the previous year[103]. Audit and Compliance - The audit report issued by Da Xin Certified Public Accountants confirms the financial report's authenticity and completeness[5]. - The company has engaged Da Xin Certified Public Accountants for auditing services[20]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees[8]. - The company emphasizes transparency and timely information disclosure, adhering to relevant laws and regulations[96]. - The company has not faced any penalties from securities regulatory authorities in the past three years[109]. - The company has confirmed that it has not violated any legal obligations or failed to repay significant debts during the reporting period, maintaining a good credit status[171]. Market and Product Development - In 2023, the company launched 44 new product models, enhancing its product offerings[32]. - The company has successfully launched non-road National IV diesel engines, with positive market feedback following the completion of vehicle calibration for engineering, agricultural, and fixed power diesel engines[33]. - The company has developed new medium and small power gas engines and delivered them to domestic and international customers, enhancing its product offerings[33]. - The company is focusing on customer needs and market expansion, maintaining stable market share in the components sector while optimizing product configurations in the engine sector[33]. - The company is actively exploring opportunities in the new energy and energy storage sectors to drive transformation and growth[46]. - The company is exploring acquisition opportunities to enhance its product portfolio, targeting a deal worth approximately $100 million[104]. Research and Development - Research and development expenses rose by 100.51% to 45,125,309.02 CNY, indicating an accelerated R&D pace[49]. - The number of R&D personnel is 73, making up 11.35% of the total workforce[64]. - The company is investing $30 million in R&D for new technologies aimed at enhancing product efficiency[104]. - The company is committed to increasing R&D investment in energy conservation, product upgrades, and green manufacturing[142]. Environmental and Social Responsibility - The company invested 3.51 million yuan in environmental protection during the reporting period[133]. - The company has constructed two wastewater treatment plants that meet comprehensive discharge standards before releasing into municipal sewage systems[136]. - The company operates 11 sets of air pollution control facilities, including 4 for particulate matter and 2 for VOCs[136]. - The total investment in social responsibility initiatives during the reporting period was 2.05 million yuan, benefiting one individual[144]. - The company donated a total of 20,461.47 yuan to local impoverished students' families during the reporting period[144]. Governance and Management - The company held three shareholder meetings during the reporting period, all of which passed without any rejected proposals[99]. - The board of directors convened six meetings during the reporting period, ensuring compliance with legal and regulatory requirements[95]. - The total remuneration for the board members and senior management during the reporting period amounted to 413.31 million yuan[100]. - The company has established a performance-based salary system to enhance employee motivation and reduce turnover rates[122]. - The company has a stable management team with no significant changes in shareholding among directors and senior management[100]. Financial Management - The company has approved the use of up to CNY 350 million of temporarily idle raised funds for cash management, investing in safe, liquid, and principal-protected financial products with a term not exceeding 12 months[180]. - The company has also approved the use of up to CNY 500 million of idle self-owned funds for cash management, with the same investment criteria and term limitations[181]. - The company has engaged in multiple bank wealth management products with expected annual yields ranging from 3.10% to 3.30%[182]. - The company has not experienced any overdue or uncollected amounts from its investments in idle funds during the reporting period[181]. Strategic Focus - The company is exploring development paths under the "carbon neutrality" and "carbon peak" policies, indicating a strategic focus on sustainability[142]. - The company is closely monitoring the development of the new energy market and energy storage industry to mitigate risks from potential breakthroughs in battery technology and government policies favoring electric vehicles[91]. - The company is committed to diversifying its customer base to mitigate risks associated with reliance on major clients, which currently account for a significant portion of its revenue[89]. Risks and Challenges - The company anticipates potential risks from macroeconomic fluctuations and customer concentration, and it is actively pursuing strategies to enhance its resilience[89]. - The company is facing annual price adjustments in the engine parts industry, which may negatively impact profitability if not countered by improving processes and expanding production capacity[91]. - The company's operations in India are subject to risks from political, economic, and trade environment changes, which could affect business performance[91].

关于华丰动力股份有限公司 股票交易异常波动的询证函的回函 致华丰动力股份有限公司: 贵公司关于《华丰动力股份有限公司股票交易异常波动的询证函》已收悉, 本公司作为贵公司的控股股东,经对相关事项核实确认,现就贵公司询证事项回 复如下: 一、截至目前,本公司不存在涉及贵公司的应披露而未披露的重大信息,包 括但不限于重大资产重组、发行股份、上市公司收购、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。 二、在本次股票交易异常波动期间,本公司不存在买卖贵公司股票的情形。 关于华丰动力股份有限公司 股票交易异常波动的询证函的回函 致华丰动力股份有限公司: 贵公司关于《华丰动力股份有限公司股票交易异常波动的询证函》已收悉， 本人作为贵公司的实际控制人,经对相关事项核实确认,现就贵公司询证事项回 复如下: 一、截至目前,本人不存在涉及贵公司的应披露而未披露的重大信息,包括 但不限于重大资产重组、发行股份、上市公司收购、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。 二、在本次股票交易异常波动 ...

证券代码：605100 证券简称：华丰股份 公告编号：2024-005 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： 华丰动力股份有限公司（以下简称"公司"）股票价格于 2024 年 4 月 12 日、4 月 15 日、4 月 16 日连续 3 个交易日内日收盘价格跌幅偏离值累计超过 20%。 根据上海证券交易所的相关规定，属于股票交易异常波动情形。 经公司自查并向公司控股股东、实际控制人核实，截至本公告披露日， 除本公司已披露事项外，不存在应披露而未披露的重大信息。 公司目前生产经营活动一切正常，市场环境、行业政策没有发生重大调 整，内部经营秩序正常。敬请广大投资者注意二级市场交易风险，理性决策，审 慎投资。 一、股票交易异常波动的具体情况 公司股票交易连续 3 个交易日（2024 年 4 月 12 日、4 月 15 日、4 月 16 日） 收盘价格跌幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规 定，属于股票交易异常波动情形。 华丰动力股份有限公司 经公司自查 ...