格隆汇10月30日丨中联重科(01157.HK)公告，于2025年10月30日，中联重科股份有限公司董事会决议根 据特别授权有条件发行本金不超过人民币60亿元(相当于约6,576,928,136港元)的可换股债券，该等债券 可转换为公司股本中每股面值人民币1元的境外上市外资股(H股)。公司将在临时股东大会及类别股东会 议上就本次发行请求股东批准给予特别授权。 相关事件 中联重科(01157.HK)拟发行不超过60亿元的可换股债券 中联重科(01157.HK)第三季度净利润约为11.56 亿元 同比上升35.8% ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內 容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，在美利堅合眾國（「美國」）或在未依當地證券法登記或合資格前提出有關的要 約、邀約或出售即屬違法的任何其他司法管轄區，本公告並不構成出售或購買任何證券的要約 或邀約。 本公告不構成或形成在美國提出購買或認購證券的要約或邀約的一部分。建議發行的可換股債 券（定義見下）沒有、也不會根據《1933年美國證券法》（經修訂）或美國任何州或其他司法管轄 區的證券法進行登記，除某些例外情況外，不得在美國境內發售或出售。 Zoomlion Heavy Industry Science and Technology Co., Ltd.* 中聯重科股份有限公司 （股份代號：1157） 建議根據特別授權發行可換股債券 於2025年10月30日，中聯重科股份有限公司（「本公司」）董事會（「董事會」及董 事稱為「董事」）決議根據特別授權有條件發行本金不超過人民幣60億元（相當於 約6,576,92 ...

Core Viewpoint - Zoomlion is a leading global manufacturer in the engineering machinery sector, with a strong focus on research, development, manufacturing, sales, and service of engineering and agricultural machinery [1] Financial Performance - In Q3 2025, Zoomlion achieved a revenue of 37.156 billion yuan, ranking third among 23 companies in the industry, with the top two being XCMG at 78.157 billion yuan and SANY at 65.741 billion yuan [2] - The net profit for the same period was 4.105 billion yuan, also ranking third, with SANY leading at 7.239 billion yuan and XCMG at 6.083 billion yuan [2] Profitability and Debt Ratios - As of Q3 2025, Zoomlion's debt-to-asset ratio was 53.80%, slightly up from 53.25% year-on-year, which is higher than the industry average of 44.93% [3] - The gross profit margin for Q3 2025 was 28.10%, down from 28.37% year-on-year, but still above the industry average of 25.31% [3] Shareholder Information - As of July 20, 2021, the number of A-share shareholders increased by 5.62% to 342,600, while the average number of circulating A-shares held per shareholder decreased by 5.21% to 19,100 [5] - As of September 30, 2025, major shareholders included China Securities Finance Corporation with 233 million shares and Hong Kong Central Clearing Limited with 202 million shares, the latter having increased by 19.734 million shares [5] Business Expansion and Future Outlook - Zoomlion has established a mining machinery company in Xiangtan, focusing on "green, large-scale, and intelligent" product development, with domestic mining machinery business growing against the trend and overseas business increasing by over 29% [5] - The company showcased five humanoid robots and aims for a net profit of 4.9 billion, 6.2 billion, and 7.4 billion yuan from 2025 to 2027, representing year-on-year growth of 40%, 25%, and 20% respectively [5] Analyst Ratings - According to GF Securities, Zoomlion is considered a post-cycle stock with a three-year CAGR of 62% in overseas revenue, and it is viewed as an undervalued high-dividend stock [6] - The projected net profits for 2025 to 2027 are 4.8 billion, 6.3 billion, and 8 billion yuan, with a target PE of 14x for 2026, suggesting a reasonable A-share value of 10.22 yuan per share [6]

Core Viewpoint - Zoomlion released its third-quarter report, showing positive growth in both revenue and net profit [1] Financial Performance - The company's revenue for the first three quarters reached 37,155,658,072.99 yuan, representing a year-on-year increase of 8.06% [1] - The net profit attributable to shareholders of the listed company was 3,920,367,724.61 yuan, reflecting a year-on-year increase of 24.89% [1]

中聯重科股份有限公司 董事會提名委員會工作細則 第一章 總則 第一條 為了適應中聯重科股份有限公司（以下簡稱「公司」）發展需要，優化 董事會人員組成，完善公司治理，根據《中華人民共和國公司法》（以下簡稱「《公 司法》」）、《中華人民共和國證券法》、《中聯重科股份有限公司章程》（以下簡稱 「《公司章程》」）、《上市公司治理準則》、《香港聯合交易所有限公司證券上市規 則》（以下簡稱「《香港上市規則》」）及其他適用的法律、法規和規範性文件，公司 特設立董事會提名委員會，並制定本工作細則。 本細則將不時隨著相關法律、法規、規範性文件和《公司章程》的修改而進行 修訂，若本細則的規定與相關法律、法規、規範性文件和《公司章程》的規定發生 衝突，應優先適用相關法律、法規、規範性文件和《公司章程》的相關規定。 第二條 董事會提名委員會是董事會設立的專門工作機構，主要負責對公司 董事和高級管理人員的人選、選擇標準和程序進行選擇並提出建議。 第二章 人員組成 第三條 提名委員會成員由三至五名董事組成，其中獨立非執行董事應當過 半數。公司應委任至少一名不同性別的董事加入提名委員會。 第四條 提名委員會委員由董事長、二分之一以上獨立非 ...

中聯重科股份有限公司 董事會薪酬與考核委員會工作細則 第一章 總則 第一條 為健全中聯重科股份有限公司（以下簡稱「公司」）董事及高級管理 人員的薪酬與考核管理制度，完善公司內部治理結構，維護公司和股東利益，根 據《中華人民共和國公司法》（以下簡稱「《公司法》」）、《中華人民共和國證券法》、 《中聯重科股份有限公司章程》（以下簡稱「《公司章程》」）、《上市公司治理準則》、 《香港聯合交易所有限公司證券上市規則》（以下簡稱「《香港上市規則》」）及其他適 用的法律、法規和規範性文件，公司董事會設立董事會薪酬與考核委員會，並制 定本細則。 本細則將不時隨著相關法律、法規、規範性文件和《公司章程》的修改而進行 修訂，若本細則的規定與相關法律、法規、規範性文件和《公司章程》的規定發生 衝突，應優先適用相關法律、法規、規範性文件和《公司章程》的相關規定。 第二條 薪酬與考核委員會是董事會的議事機構和工作機構，對董事會負 責。主要負責制定公司董事及高級管理人員的考核標準並對公司董事及高級管理 人員進行考核；負責研究、審查、論證、制定公司董事、高級管理人員的薪酬政 策與方案，並向董事會提交相關議案；負責督促和落實與公司董事、高 ...

中聯重科股份有限公司 董事會審計委員會工作細則 第一章 總則 第二章 人員組成 第三條 審計委員會由三至五名董事組成，所有委員均須由董事會從不在公 司擔任高級管理人員的董事中委任，其中獨立非執行董事應當過半數。公司董事 會成員中的職工代表可以成為審計委員會成員。擔任審計委員會委員的獨立非執 行董事中至少要有一名是同時符合上市地證券監管機構和交易所要求的會計專業 人士。 審計委員會委員應當具備勝任工作職責的專業知識、工作經驗和良好的職業 操守，保證足夠的時間和精力履行委員會的工作職責，勤勉盡責，切實有效地監 督、評估公司內外部審計工作，促進公司建立有效的內部控制並提供真實、準 確、完整的財務報告。 審計委員會委員應當持續加強法律、會計和監管政策等方面的學習和培訓， 不斷提高履職能力。 1 第四條 審計委員會委員由董事長、二分之一以上的獨立非執行董事或者全 體董事的三分之一提名，並由董事會選舉產生。 第五條 審計委員會設主席（召集人）一名，由獨立非執行董事中的會計專業 人士擔任，負責主持委員會工作，並主要負責檢查、審核和監督公司的財務信息 及其匯報程序，及公司內、外部審計的溝通工作。審計委員會主席在委員會成員 中 ...

Core Viewpoint - Zoomlion Heavy Industry Science and Technology Co., Ltd. reported a revenue of 37.156 billion yuan for the first three quarters of 2025, representing an increase of 8.06% year-on-year, and a net profit attributable to shareholders of 3.92 billion yuan, which is a year-on-year increase of 24.89% [1] Financial Performance - The company achieved operating revenue of 37.156 billion yuan [1] - The net profit attributable to shareholders reached 3.92 billion yuan [1] - Basic earnings per share were reported at 0.45 yuan [1]

前三季度收益约为371.56亿元，同比上升8.06%，净利润约为39.2亿元，同比上升24.89%。 格隆汇10月30日丨中联重科(01157.HK)公布2025年第三季度报告。营收约为人民币123亿元，同比上升 24.88%。净利润约为11.56亿元，同比上升35.8%。基本每股收益为0.13元。 ...

Revenue and Profit - Revenue for the third quarter reached RMB 12,301,026,088.02, an increase of 24.88% compared to the same period last year[9] - Net profit attributable to shareholders was RMB 1,155,589,121.71, reflecting a growth of 35.80% year-over-year[9] - The net profit after deducting non-recurring gains and losses was RMB 718,347,769.07, a slight increase of 1.12% compared to the previous year[9] - Total revenue for the period reached RMB 37.16 billion, an increase of 8.2% compared to RMB 34.39 billion in the previous period[27] - Operating profit for the current period reached RMB 4,641,045,468.29, an increase of 20.6% from RMB 3,849,982,011.80 in the previous period[28] - Net profit attributable to shareholders of the parent company was RMB 3,920,367,724.61, up 25% from RMB 3,139,015,862.65 year-over-year[29] - Total comprehensive income for the current period amounted to RMB 4,115,715,418.49, compared to RMB 3,154,266,690.45 in the previous period, reflecting a growth of 30.5%[29] - Basic earnings per share increased to RMB 0.45 from RMB 0.38, representing a rise of 18.4%[29] Cash Flow - The cash flow from operating activities showed a significant increase of 137.31%, totaling RMB 2,866,113,330.72[9] - Cash flow from operating activities generated a net amount of RMB 2,866,113,330.72, significantly higher than RMB 1,207,754,698.86 in the previous period[31] - Cash inflow from investment activities totaled RMB 3,632,914,758.45, compared to RMB 2,653,293,585.32 in the previous period, marking a growth of 37%[33] - Cash outflow from investment activities was RMB 10,487,957,773.68, up from RMB 4,283,770,631.45, leading to a net cash flow from investment activities of -RMB 6,855,043,015.23[33] - Cash flow from financing activities showed a net increase of RMB 3,386,998,045.74, compared to a net decrease of RMB 505,061,294.18 in the previous period[33] - The total cash and cash equivalents at the end of the period were RMB 11,624,320,881.22, down from RMB 12,632,527,356.56 at the end of the previous period[34] - The impact of exchange rate changes on cash and cash equivalents was a positive RMB 70,832,665.22, compared to a negative impact of RMB 45,540,908.72 in the previous period[34] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 131,105,845,143.43, representing a growth of 5.95% from the previous year[12] - The company's total assets reached RMB 131.11 billion, an increase of 5.4% from RMB 123.75 billion at the start of the period[24] - Total liabilities increased to RMB 70.54 billion, compared to RMB 63.91 billion at the start of the period, marking an increase of 10.3%[23] - Long-term borrowings rose significantly to RMB 20.80 billion, up 34.5% from RMB 15.41 billion at the beginning of the period[23] - Short-term borrowings surged to RMB 3.00 billion, a significant increase from RMB 1.43 billion at the beginning of the period, representing a rise of 109.0%[21] - Non-current assets totaled RMB 48.33 billion, down from RMB 49.32 billion at the beginning of the period, a decrease of 2%[19] - Deferred income tax assets decreased to RMB 2.50 billion from RMB 2.64 billion, a decline of 5.3%[19] Revenue Breakdown - Domestic revenue decreased by 5.38% to RMB 15,842,269,469.66, while overseas revenue increased by 20.80% to RMB 21,313,388,603.33[12] - The weighted average return on equity was 6.74%, an increase of 1.24% compared to the previous year[9] - The company reported a 121.16% increase in trading financial assets due to increased purchases of financial products[15] - Investment income surged by 4872.09% primarily from the sale of shares in joint ventures[15] Expenses - Total operating costs amounted to RMB 33.47 billion, up 7.3% from RMB 31.19 billion in the prior period[27] - Research and development expenses increased to RMB 2.05 billion, reflecting a rise of 10.1% from RMB 1.86 billion year-over-year[27]