江苏世纪同仁律师事务所 法律意见书 江 苏 世 纪 同 仁 律 师 事 务 所 关 于 江 苏 长 龄 液 压 股 份 有 限 公 司 发 行 股 份 及 支 付 现 金 购 买 资 产 并 募 集 配 套 资 金 暨 关 联 交 易 之 标 的 资 产 交 割 情 况 的 法 律 意 见 书 南京市建邺区贤坤路江岛智立方 C 座 4 层 邮编： 2 10019 电话： + 8 6 2 5 - 83304480 传真： + 8 6 2 5 - 83329335 江苏世纪同仁律师事务所 法律意见书 江苏世纪同仁律师事务所 关于江苏长龄液压股份有限公司 发行股份及支付现金购买资产并募集配套资金 暨关联交易之标的资产交割情况的 江苏世纪同仁律师事务所 法律意见书 第一部分 引 言 一、律师声明事项 法律意见书 致：江苏长龄液压股份有限公司 江苏世纪同仁律师事务所（以下简称"本所"）接受江苏长龄液压股份有限 公司（以下简称"长龄液压、公司、上市公司"）的委托，担任上市公司发行股 份及支付现金购买资产并募集配套资金的专项法律顾问。 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》等有关 法律和中国证券监督管 ...

江苏长龄液压股份有限公司 关于发行股份及支付现金购买资产并募集配套资金 暨关联交易事项获得中国证券监督管理委员会同意 注册批复的公告 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。 江苏长龄液压股份有限公司（以下简称"长龄液压"、"公司"）拟向许建 沪、江阴尚拓企业管理合伙企业(有限合伙)发行股份及支付现金购买其持有的江 阴尚驰机械设备有限公司 70%的股权，并拟募集配套资金。 公司于 2023 年 8 月 25 日收到中国证券监督管理委员会出具的《关于同意江 苏长龄液压股份有限公司发行股份购买资产并募集配套资金注册的批复》（证监 许可〔2023〕1805 号）。批复文件的主要内容如下： 证券代码：605389 证券简称：长龄液压 公告编号：2023-056 五、你公司应当按照有关规定办理本次发行股份的相关手续。 六、本批复自下发之日起 12 个月内有效。 七、你公司在实施过程中，如发生法律、法规要求披露的重大事项或遇重大 问题，应当及时报告上海证券交易所并按有关规定处理。" 公司将根据上述文件和相关法律法规的要求及公司股东大 ...

证监许可〔2023〕1805 号 关于同意江苏长龄液压股份有限公司发行股份 购买资产并募集配套资金注册的批复 江苏长龄液压股份有限公司: 中国证券监督管理委员会 三、你公司本次发行股份购买资产并募集配套资金应当严格 按照报送上海证券交易所的有关申请文件进行。 四、你公司应当桉照有关规定及时履行信息披露义务。 五、你公司应当按照有关规定办理本次发行股份的相关手续。 六、 本批复自下发之日起 12 个月内有效。 七、你公司在实施过程中， 如发生法律、 法规要求披露的重 大事项或遇重大问题， 应当及时报告上海证券交易所并按有关规 定处理。 中国证券监督管理委员会收到上海证券交易所报送的关于你 公司发行股份购买资产并募集配套资金方案的审核意见及你公司 注册申请文件。根据《中华人民共和国证券法》《中华人民共和国 公司法》《国务院办公厅关于贯彻实施修订后的证券法有关工作的 通知》(国办发〔2020〕5号)《上市公司重大资产重组管理办法》 (证监会令第214号)等有关规定,经审阅上海证券交易所审核 意见及你公司注册申请文件,现批复如下: 一、同意你公司向许建沪发行5,793,411 股股份、向江阴尚拓 企业管理合伙企业(有 ...

Financial Performance - The company achieved operating revenue of 401 million RMB, a decrease of 8.98% compared to the same period last year[21]. - The net profit attributable to shareholders was 55 million RMB, down 18.48% year-on-year[21]. - Basic earnings per share were 0.40 RMB, a decline of 23.08% from the previous year[20]. - The weighted average return on net assets was 2.94%, a decrease of 0.78 percentage points compared to the same period last year[20]. - The net cash flow from operating activities was 78 million RMB, reflecting a significant decline[20]. - The company reported a total asset value of 2.06 billion RMB, a slight decrease of 0.76% from the end of the previous year[20]. - The company’s net profit after deducting non-recurring gains and losses was 51 million RMB, down 20.43% year-on-year[20]. - The company’s net assets attributable to shareholders were approximately 1.86 billion RMB at the end of the reporting period[20]. - Sales of excavators in the first half of 2023 totaled 108,818 units, a year-on-year decline of 24%[21]. - The company reported a significant increase in notes payable by 93.47% to ¥37,370,000.00, which is 1.83% of total assets[52]. - The company reported a significant reduction in management expenses, which fell to CNY 17,455,303.85 from CNY 23,097,368.76[127]. - The company reported a decrease in sales expenses to ¥6,966,264.00 from ¥3,599,602.26, indicating a strategic focus on cost management[132]. Research and Development - The company has developed over 90 patents and established a hydraulic central rotation engineering technology research center in Jiangsu Province[26]. - The company aims to enhance its core competitive advantages through continuous technological innovation[26]. - The precision casting subsidiary has developed a comprehensive service system, enabling mass production across various industries[29]. - The company introduced 5 new patents in the first half of 2023, bringing the total to 96 effective patents, including 17 invention patents[42]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[83]. - Research and development expenses remained stable at CNY 16,956,495.52, compared to CNY 16,063,887.73 in the previous year, highlighting ongoing investment in innovation[127]. Market Position and Strategy - The company has established long-term partnerships with major domestic and foreign enterprises, including Caterpillar and Volvo, and has been recognized as an excellent supplier[26]. - The company primarily serves well-known domestic and international clients such as SANY Heavy Industry, XCMG, and Caterpillar, with a focus on direct sales and a significant portion of sales occurring domestically[32]. - The company is considering strategic acquisitions to bolster its market position, with a budget of $100 million allocated for potential deals[83]. - The company plans to acquire 70% of Jiangyin Shangchi Machinery Equipment Co., Ltd., a well-known manufacturer of photovoltaic reducers, to enhance its production capacity[44]. - The acquisition is expected to improve the company's competitiveness in the photovoltaic reducer industry and expand its application market[46]. - The company is focusing on cost reduction and efficiency improvement to enhance market competitiveness amid rising manufacturing costs[42]. - The company aims to replace imports of high-end hydraulic components and drive innovation and transformation within the industry[34]. Customer and Supplier Relationships - The company has a stable supplier management system to ensure the quality and timely delivery of raw materials[30]. - The company has established long-term partnerships with major manufacturers, including SANY Heavy Industry and Caterpillar, enhancing its competitive edge and market presence[37]. - The company has committed to maintaining stable relationships with major customers and ensuring product quality to mitigate risks associated with customer concentration[66]. Financial Stability and Risks - The company faces risks related to macroeconomic fluctuations, raw material price volatility, and market competition, which could impact its operational performance[64]. - The company has a concentrated customer risk, which may affect its revenue stability if major clients reduce orders[65]. - The company's sales revenue from the top five customers accounted for a high proportion of total revenue, indicating a relatively high customer concentration risk[66]. - The company has a well-experienced R&D team, but a large-scale loss of technical personnel could severely impact its sustainable development[66]. - The company has not faced any administrative penalties from environmental protection departments during the reporting period[75]. Environmental and Social Responsibility - The company has updated old high-energy-consuming equipment and introduced advanced low-energy-consuming devices to meet carbon reduction goals[77]. - The self-built rooftop distributed photovoltaic project meets part of the company's electricity needs, contributing to carbon reduction efforts[77]. - The company has not disclosed any significant changes in its environmental information during the reporting period[76]. Shareholder and Corporate Governance - The company has implemented a stock buyback program, planning to repurchase up to 10% of its outstanding shares[86]. - The management emphasized a commitment to maintaining shareholder value through consistent dividend payments, with a proposed increase of 5% in the next fiscal year[83]. - The integrity status of the company and its major stakeholders remains good, with no unfulfilled court judgments or significant debts due[95]. - The company has disclosed related party transactions, including leasing part of the factory from Jiangyin Changling Material Trade Co., Ltd.[96]. - The company has established commitments linking executive compensation to the execution of measures to compensate for dilution of immediate returns[91]. Financial Reporting and Compliance - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[162]. - The company’s financial reports comply with the requirements of the accounting standards, reflecting its financial position and operating results accurately[164]. - The company’s accounting year runs from January 1 to December 31[165]. - The company has a short operating cycle, using 12 months as the standard for classifying asset and liability liquidity[166]. - The company’s accounting currency is Renminbi[167].

证券代码：605389 证券简称：长龄液压 公告编号：2023-055 江苏长龄液压股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 09 月 01 日(星期五) 上午 09:00-10:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 08 月 25 日(星期五) 至 08 月 31 日(星期四)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 clyy@changlingmach.cn 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。 江苏长龄液压股份有限公司（以下简称"公司"）已于 2023 年 8 月 25 日发 布公司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半 ...

证券代码：605389 证券简称：长龄液压 公告编号：2023-053 江苏长龄液压股份有限公司 第二届监事会第十六次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 江苏长龄液压股份有限公司（简称"公司"、"长龄液压"）于 2023 年 8 月 24 日在本公司以现场表决方式召开第二届监事会第十六次会议，会议通知于 2023 年 8 月 14 日通过书面、电话以及电子邮件等方式送达至本公司所有监事。 会议应参会监事 3 名，实际参会监事 3 名。董事会秘书列席了会议。会议的召开 符合《中华人民共和国公司法》等有关法律、行政法规、部门规章、规范性文件 和《公司章程》的规定。 二、监事会会议审议情况 一、监事会会议召开情况 （一）审议通过《关于公司 2023 年半年度报告及摘要的议案》； 表决结果：同意票 3 票、反对票 0 票、弃权票 0 票； 参加会议的监事审议并以记名方式投票表决通过了以下议案： 的有关规定，不存在募集资金存放与使用违规的情形。 具体内容详见公司刊登在上海证券交易所网站（www.sse.com. ...

证券代码：605389 证券简称：长龄液压 公告编号：2023-054 江苏长龄液压股份有限公司 关于公司 2023 年半年度募集资金存放与实际使用情 况的专项报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据中国证券监督管理委员会《上市公司监管指引第 2 号——上市公司募集 资金管理和使用的监管要求（2022 年修订）》（证监会公告〔2022〕15 号）和 上海证券交易所印发的《上海证券交易所上市公司自律监管指引第 1 号——规范 运作》的规定，将本公司 2022 年度募集资金存放与使用情况专项说明如下。 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 根据中国证券监督管理委员会《关于核准江苏长龄液压股份有限公司首次公 开发行股票的批复》（证监许可〔2020〕3391 号），本公司由主承销商华泰联 合证券有限责任公司采用网下向符合条件的投资者询价配售与网上向社会公众 投资者定价发行相结合的方式，向社会公众公开发行人民币普通股（A 股）股票 2,433.34 万股，发行价为每股人民币 39.40 元，共计募 ...

公司编制的《江苏长龄液压股份有限公司 2023年半年度募集资金存放与实 际使用情况的专项报告》内容真实、准确、完整,不存在虚假记载、误导性陈述 或重大遗漏,符合中国证监会、上海证券交易所等相关法律法规关于募集资金存 放与使用情况的相关规定,公司不存在募集资金存放及使用情况违规的情形,不 存在损害公司及全体股东利益的情形,全体独立董事一致同意该事项。 特此意见。 (以下无正文) 江苏长龄液压股份有限公司 独立董事关于公司第二届董事会第十八次会议 有关事项的独立意见 根据《公司法》《上海证券交易所股票上市规则》《上海证券交易所上市公 司自律监管指引第1 号 -- 规范运作》等法律、法规以及《公司章程》和公司《独 立董事工作制度》的有关规定,基于客观公正、独立判断的立场,作为江苏长龄 液压股份有限公司(以下简称"公司")的独立董事,对公司第二届董事会第十 八次会议审议的有关事项进行了认真核查。经过审慎、认真的研究,发表独立意 见如下: 一、独立董事对《关于公司 2023年半年度募集资金存放与实际使用情况的 专项报告的议案》的独立意见 (本页无正文,为《江苏长龄液压股份有限公司独立董事关于公司第二届 董事会第十八次会 ...

证券代码：605389 证券简称：长龄液压 公告编号：2023-052 根据中国证监会《公开发行证券的公司信息披露内容与格式准则第 3 号—半 年度报告的内容与格式（2021 年修订）》《上海证券交易所股票上市规则》等有 关规定，结合公司及下属子公司 2023 年半年度的整体经营情况，公司编制了《江 苏长龄液压股份有限公司 2023 年半年度报告》及《江苏长龄液压股份有限公司 2023 年半年度报告摘要》，具体内容详见公司刊登在上海证券交易所网站 （www.sse.com.cn）及公司指定信息披露媒体上披露的同日公告。 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。 一、董事会会议召开情况 江苏长龄液压股份有限公司（简称"本公司"、"长龄液压"）于 2023 年 8 月 24 日在本公司会议室以现场表决方式召开第二届董事会第十八次会议，会 议通知于 2023 年 8 月 14 日通过书面及电子邮件等方式送达至本公司所有董事、 监事以及高级管理人员。会议应参会董事 5 名，实际参会董事 5 名。监事会成 员、高级管理人员列席了会 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 203,928,062.71, a decrease of 26.51% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 26,444,758.91, down 37.34% year-on-year[5] - The basic earnings per share decreased by 58.70% to CNY 0.19[6] - In Q1 2023, the company reported a revenue decline due to a 25.50% year-on-year drop in excavator sales, impacting the sales of its main products, tensioning devices and central swivel joints[15] - Total operating revenue for Q1 2023 was RMB 277,496,693.92, an increase of 36.1% compared to RMB 203,928,062.71 in Q1 2022[22] - Net profit for Q1 2023 reached RMB 42,201,819.32, up 59.5% from RMB 26,444,758.91 in Q1 2022[23] - Operating profit for Q1 2023 was RMB 46,942,877.41, representing a 55.0% increase from RMB 30,269,424.50 in Q1 2022[23] - Gross profit for Q1 2023 was ¥47,741,987.70, down from ¥63,225,490.18 in Q1 2022, reflecting a gross margin decline[31] - Net profit for Q1 2023 was ¥21,167,529.72, a decrease of 45% from ¥38,479,367.38 in Q1 2022[32] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,083,208,916.22, an increase of 1.26% from the end of the previous year[6] - As of March 31, 2023, the company's total assets amounted to RMB 2,083,208,916.22, an increase from RMB 2,057,287,553.28 at the end of 2022[19] - The company's total liabilities decreased marginally to RMB 206,203,589.30 from RMB 206,726,985.27, indicating a slight improvement in financial stability[19] - Total liabilities as of March 31, 2023, were ¥180,576,733.93, up from ¥174,766,783.45 at the end of 2022[30] - The company’s total equity increased to ¥1,868,855,872.93 from ¥1,847,688,343.21, indicating a growth in shareholder value[30] Cash Flow - The net cash flow from operating activities was CNY 22,101,971.42, not applicable for year-on-year comparison[5] - Cash flow from operating activities for Q1 2023 was RMB 22,101,971.42, a significant improvement from a negative cash flow of RMB 87,025,272.78 in Q1 2022[26] - The company reported a net cash inflow from investment activities of RMB 17,275,689.56 in Q1 2023, compared to RMB 16,281,721.37 in Q1 2022[26] - The net cash flow from operating activities was ¥2,025,057.64, a significant improvement from -¥37,735,747.70 in Q1 2022, indicating a turnaround in operational performance[34] - Total cash inflow from operating activities reached ¥106,590,567.01, up from ¥97,307,788.73 in the same period last year, reflecting a growth of approximately 13.2%[34] - The net cash flow from investing activities was ¥35,547,427.78, a recovery from -¥29,775,732.68 in Q1 2022, showcasing improved investment management[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,897[11] - The top shareholder, Xia Jifa, holds 58,800,000 shares, representing 43.15% of the total shares[11] Operational Metrics - The sales of excavators in the first quarter were 57,471 units, a decline of 25.50% year-on-year, impacting the company's main products[10] - Research and development expenses for Q1 2023 were RMB 8,339,046.41, slightly down from RMB 8,689,387.20 in Q1 2022[22] - Research and development expenses for Q1 2023 were ¥7,764,260.62, compared to ¥8,339,046.41 in Q1 2022, indicating a reduction in R&D spending[31] - The company plans to focus on product innovation and market expansion strategies to counteract the declining sales trend in the excavator market[15]