徐工集团工程机械股份有限公司 二、业绩预告预审计情况 本次业绩预告未经注册会计师预审计。 证券代码：000425 证券简称：徐工机械 公告编号：2018-6 2017 年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、本期业绩预计情况 1．业绩预告期间：2017 年 1 月 1 日至 2017 年 12 月 31 日 2．预计的业绩： 亏损 扭亏为盈 √同向上升 同向下降 | 项 目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司 | 盈利:100,000 | 万元～105,000 | 万元 | 盈利：约 | 20,858.32 万元 | | 股东的净利润 | | | | | | | 基本每股收益 | 盈利：0.143 | 元～0.150 元 | | 盈利：0.03 | 元 | 誉度及品牌影响力大幅提升，产品市场竞争力优势明显，在行业 出现恢复性增长时，公司抓住机遇，国内外市场全面发力，传统 产业与新兴板块全线增长。报告期公司营业收入较上年同期有较 大幅 ...

Financial Performance - Total assets increased by 15.06% to CNY 50.60 billion compared to the end of the previous year[4] - Net assets attributable to shareholders rose by 16.48% to CNY 23.83 billion year-on-year[4] - Operating revenue for the reporting period reached CNY 7.10 billion, a 79.77% increase compared to the same period last year[4] - Net profit attributable to shareholders surged by 493.30% to CNY 227.54 million for the reporting period[4] - Basic earnings per share increased by 540.00% to CNY 0.032[4] - The weighted average return on net assets improved by 0.89 percentage points to 1.07%[4] - Cash flow from operating activities for the year-to-date period was CNY 2.22 billion, up 40.64%[4] - Non-recurring gains and losses totaled CNY 104.08 million for the year-to-date period[6] Shareholder Information - The total number of shareholders at the end of the reporting period was 248,494[8] - The largest shareholder, Xugong Group, holds 42.60% of the shares, amounting to 2,985,042,012 shares[8] Cash and Working Capital - Cash and cash equivalents increased by 53.11% due to the issuance of perpetual corporate bonds during the reporting period[13] - Prepayments rose by 167.44% primarily due to increased procurement volume resulting from expanded production capacity[13] - Net cash flow from operating activities increased by 40.64% as cash received from sales of goods and services rose compared to the previous year[13] Revenue and Expenses - Operating revenue grew by 78.20% driven by strong market demand compared to the same period last year[13] - Operating costs increased by 78.81% in line with the significant rise in sales revenue[13] - Sales expenses increased by 53.52% due to higher market expansion costs associated with revenue growth[13] - Financial expenses surged by 280.69% mainly due to significant fluctuations in foreign exchange gains and losses[13] - The company reported a 104.31% increase in income tax expenses due to a rise in total profit during the reporting period[13] Capital Raising and Commitments - The company plans to issue up to 164,728,434 shares through a private placement to raise no more than 515.6 million RMB[15] - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[18] Social Responsibility Initiatives - The company actively implemented various poverty alleviation initiatives, including the "Blue Dream Children's Journey" and "Xugong Hope Primary School" projects, achieving positive social impact[26] - The company plans to continue its poverty alleviation efforts by organizing activities for left-behind children and providing support to students from minority and single-parent families[28] - The company will launch the "Global Scholarship Program" to support students passionate about engineering machinery[28] - The company aims to enhance its international image through the second phase of the "Africa Water Cellar" project, addressing local water issues in Ethiopia[28] Compliance and Governance - There were no violations regarding external guarantees during the reporting period[24] - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[25]

Financial Performance - The company expects a net profit of approximately 75 million to 80 million yuan for the first three quarters of 2017, compared to a net profit of 16.536 million yuan in the same period last year, indicating a significant increase [3]. - Basic earnings per share are projected to be between 0.107 yuan and 0.114 yuan, up from 0.024 yuan in the same period last year [3]. - For Q3 2017, the company anticipates a net profit of approximately 19.969 million yuan, compared to 3.835 million yuan in Q3 2016, reflecting substantial growth [3]. - Basic earnings per share for Q3 2017 are expected to be between 0.028 yuan and 0.036 yuan, compared to 0.005 yuan in Q3 2016 [3]. Market and Industry Outlook - The engineering machinery industry is experiencing an overall improvement compared to the same period last year, contributing to the company's positive performance outlook [5]. - The company is actively expanding both domestic and international markets, with growth observed across traditional and emerging sectors [5]. Strategic Focus - The company is focusing on sustainable development with an emphasis on quality, efficiency, scale, and sustainability, which has led to significant revenue growth [5]. - The financial data will be disclosed in detail in the Q3 2017 report [6].

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 14,440,509,653.61, representing a 77.44% increase compared to CNY 8,138,475,459.86 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached CNY 550,307,753.07, a significant increase of 333.27% from CNY 127,012,615.81 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was CNY 477,886,584.62, up 2,306.87% from CNY 19,855,091.17 in the previous year[17]. - The net cash flow from operating activities was CNY 1,665,323,055.83, an increase of 210.19% compared to CNY 536,868,498.41 in the same period last year[17]. - Basic earnings per share rose to CNY 0.079, reflecting a 338.89% increase from CNY 0.018 in the previous year[17]. - Total operating revenue reached CNY 14.44 billion, a significant increase from CNY 8.14 billion in the same period last year, representing an increase of 77.5%[162]. - Net profit for the period was CNY 552.30 million, compared to CNY 131.49 million in the previous year, marking an increase of 319.5%[162]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 45,657,761,632.33, a 3.82% increase from CNY 43,977,053,707.26 at the end of the previous year[17]. - The company's total liabilities amounted to CNY 24.720 billion, compared to CNY 23.495 billion at the end of the previous year[154]. - Accounts receivable increased to CNY 16,367,539,560.70, representing 35.85% of total assets, up 0.80 percentage points year-on-year[54]. - The company's total equity reached CNY 16.26 billion, slightly up from CNY 16.23 billion, indicating a growth of 0.2%[159]. Market and Industry Position - The company operates in the engineering machinery industry, which is highly correlated with macroeconomic conditions and fixed asset investments, impacting market demand significantly[25]. - The company has a strong competitive advantage as one of the largest engineering machinery manufacturers in China, with a well-recognized brand and comprehensive parts manufacturing system[32]. - The company is positioned to benefit from the increasing concentration of market share among leading firms in the engineering machinery sector[26]. - The sales volume of wheeled cranes doubled year-on-year, and the market share of crawler cranes significantly increased, maintaining the industry's leading position[42]. Research and Development - The company has established a global collaborative R&D network and has over 1,000 authorized patents[35]. - The company is accelerating the construction of R&D centers in Brazil and the United States, enhancing its global innovation layout[47]. - Research and development expenses rose by 72.22% to ¥727,698,911.58, as the company intensified its commitment to technological advancement[49]. Corporate Governance and Management - The management team has an average of over 30 years of industry experience, providing deep insights into market trends and customer needs[32]. - The company has established commitments to maintain operational independence and ensure fair practices in related transactions, reinforcing its governance structure[73]. - The company appointed Lu Chuan as the new president on April 10, 2017, following the resignation of Wang Min from the position[124]. Social Responsibility and Environmental Impact - The company actively engaged in precision poverty alleviation initiatives, collaborating with XCMG Group on various projects such as "Blue Dream Children's Journey" and "Global Scholarship," achieving positive social impact[103]. - The company reported that it is a key pollutant discharge unit, with specific emissions data including 1.468 tons/year of Chemical Oxygen Demand (COD) and 0.0587 tons/year of ammonia nitrogen, all within regulatory limits[105]. - The company is committed to reducing its environmental footprint, with emissions of sulfur dioxide at 0.0149 tons/year and nitrogen oxides at 0.02981 tons/year, both compliant with standards[106]. Future Plans and Strategies - The company plans to raise no more than 5.156 billion yuan through a private placement to four strategic investors[45]. - Future plans include continuing the "Blue Dream Children's Journey" project, focusing on care activities for left-behind children and training for their mothers[104]. - The company aims to implement the second phase of the "Africa Water Cellar" project in Ethiopia to improve local access to clean water, enhancing its international image in poverty alleviation[104]. - The company plans to continue expanding its market presence and investing in new technologies to enhance growth prospects[187]. Related Party Transactions - The total amount of related party transactions for the first half of 2017 was 19,709,000 CNY, accounting for 1.77% of the same type of transactions[82]. - The procurement of materials and products from related parties amounted to 10,750,000 CNY, representing 0.97% of the same type of transactions[82]. - There were no significant related party transactions or non-operating fund occupation by controlling shareholders during the reporting period[89][91].

证券代码：000425 证券简称：徐工机械 公告编号：2017-43 徐工集团工程机械股份有限公司 2017 年半年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、本期业绩预计情况 1．业绩预告期间：2017 年 1 月 1 日至 2017 年 6 月 30 日 2017 年 7 月 15 日 2 二、业绩预告预审计情况 本次业绩预告未经注册会计师预审计。 三、业绩变动原因说明 报告期内行业形势总体好于上年同期。面对行业的复苏增长 态势，公司抢抓布局，快速反应，定位管理年，聚焦有质量、有 效益、有规模、可持续的"三有一可"发展，外抓市场抢份额， 内强管理控风险，产业结构与产品结构优化升级取得明显成效， 传统产业与新兴板块全线增长突破，国内外市场布局开拓全面发 力。报告期公司营业收入较上年同期有较大幅度增长，净利润同 比增幅较大。 1 四、其他相关说明 具体财务数据将在 2017 年半年度报告中详细披露。 特此公告。 徐工集团工程机械股份有限公司董事会 2．预计的经营业绩： 同向上升 | 项 目 | | | 本报告期 | | | 上年同期 | | ...

Financial Performance - The company's operating revenue for Q1 2017 was CNY 5,997,901,569.33, representing a 72.47% increase compared to CNY 3,477,641,893.22 in the same period last year[4] - Net profit attributable to shareholders reached CNY 201,818,831.99, a significant increase of 1,809.98% from CNY 10,566,529.82 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 161,060,639.78, compared to a loss of CNY 30,191,662.39 in the previous year, marking a 633.46% improvement[4] - Basic and diluted earnings per share were both CNY 0.029, reflecting a 1,350.00% increase from CNY 0.002 in the previous year[4] - The weighted average return on equity was 0.98%, an increase of 0.93 percentage points from 0.05% in the previous year[4] Cash Flow and Assets - The net cash flow from operating activities was CNY 691,633,739.77, up 146.08% from CNY 281,058,506.63 in the same quarter last year[4] - Total assets at the end of the reporting period were CNY 45,445,013,035.66, a 3.34% increase from CNY 43,977,053,707.26 at the end of the previous year[4] - Net assets attributable to shareholders amounted to CNY 20,666,074,328.18, which is a 1.02% increase from CNY 20,457,846,461.23 at the end of the last year[4] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 264,231[8] - The company repurchased 76,560,047 shares in 2016, reducing the total share capital to 7,007,727,655 shares[4] Operating Costs and Expenses - Operating costs rose by 76.21%, primarily driven by the significant increase in sales revenue[13] - Development expenses increased by 158.10% due to higher internal development costs during the reporting period[13] - Tax expenses increased by 132.95% as the company reported higher total profits during the period[13] Other Financial Activities - Short-term borrowings decreased by 31.40% as the company repaid part of its short-term loans[13] - Investment income rose by 75.96% due to increased equity method accounting for investments in joint ventures[13] - Prepayments increased by 181.35% due to higher procurement volumes resulting from increased production scale[13] - The company received a cash compensation of 63.61 million yuan for unmet performance commitments from acquired assets[15] - The company plans to issue up to 164.73 million shares to raise funds not exceeding 515.6 million yuan, pending regulatory approval[14]

Financial Performance - The estimated net profit for the first quarter of 2017 is between 170 million to 220 million yuan, compared to 10.5665 million yuan in the same period last year, indicating a significant increase [2]. - The basic earnings per share are expected to be between 0.024 yuan to 0.031 yuan, up from 0.002 yuan in the previous year [2]. - The overall performance of the engineering machinery industry during the reporting period is better than the same period last year, leading to substantial growth in operating revenue [4]. Share Repurchase - The company has repurchased 76,560,047 shares, resulting in a new total share capital of 7,007,727,655 shares [2]. Financial Disclosure - The financial data will be disclosed in detail in the first quarter report of 2017 [5].

Financial Performance - The company's operating revenue for 2016 was CNY 16,891,229,922, representing a 1.17% increase compared to CNY 16,657,829,344 in 2015[17]. - The net profit attributable to shareholders was CNY 208,583,211.01, a significant increase of 268.05% from CNY 50,598,167.68 in the previous year[17]. - The net cash flow from operating activities reached CNY 2,245,340,336, marking a substantial increase of 1,930.63% compared to CNY 107,741,999.03 in 2015[17]. - Basic earnings per share rose to CNY 0.03, reflecting a 275.00% increase from CNY 0.007 in 2015[17]. - Total assets at the end of 2016 were CNY 43,977,053,707, which is a 2.85% increase from CNY 42,707,944,215 at the end of 2015[17]. - The company's weighted average return on equity improved to 1.01%, up from 0.24% in the previous year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -6,205,558.22, a decrease of 99.27% compared to the previous year[17]. - The company achieved total revenue of RMB 16.891 billion in 2016, representing a year-on-year growth of 1.17%[45]. - The net profit attributable to the parent company was RMB 208.5832 million, a significant increase of 268.05% compared to the previous year[45]. - The company’s operating cash flow net amount reached RMB 2.245 billion, showing a remarkable year-on-year growth of 19.3 times[45]. Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.15 per 10 shares, based on a total of 7,007,727,655 shares[4]. - The company reported a cash dividend of 0.15 CNY per share for the year 2016, totaling 105,115,914.83 CNY distributed[107]. - The cash dividend per 10 shares is ¥0.15 (including tax), based on a total share capital of 7,007,727,655 shares[111]. - The total distributable profit for the year was ¥4,535,749,734.38, with cash dividends accounting for 100% of the profit distribution[111]. - In 2016, the company distributed a total cash dividend of ¥105,115,914.83, which is 50.40% of the net profit attributable to ordinary shareholders[110]. Market Position and Industry Overview - The company remains a leader in the engineering machinery industry, with a diverse product range and a strong market presence, particularly in the domestic market[31]. - The engineering machinery industry is capital-intensive, requiring significant upfront investments in fixed assets and working capital, which raises entry barriers for new competitors[29]. - The engineering machinery industry is closely tied to macroeconomic conditions and fixed asset investments, impacting market demand significantly[28]. - The company has a comprehensive marketing network and is one of the largest exporters of engineering machinery in China, with several products holding the top market share[31]. - The company’s main business includes the research, manufacturing, and sales of various types of engineering machinery, maintaining a stable operational model[30]. Operational Efficiency and Cash Flow - The net cash flow from operations increased significantly by 19.3 times, while accounts receivable were reduced by 14.53%[46]. - The company’s accounts receivable decreased by 14.53% year-on-year, indicating effective risk control measures[45]. - The company’s asset-liability ratio stood at 53.43%[45]. - The company’s total operating costs increased by 2.60% to ¥13.61 billion, with raw materials accounting for 84.81% of total costs[64]. - Operating cash inflow decreased by 2.03% to ¥17,399,549,281.67, while operating cash outflow decreased by 14.14% to ¥15,154,208,945.11, resulting in a net cash flow from operating activities of ¥2,245,340,336.56, a significant increase of 1,930.63%[74]. Research and Development - The company has a strong R&D capability, holding over 1,000 authorized patents and having won three national science and technology progress awards since 2010[40]. - R&D investment increased by 22.55% to ¥694,100,211.74, with R&D personnel accounting for 15.94% of total employees, up 0.97 percentage points[72]. - The company is investing CNY 1.5 billion in R&D for new product development, focusing on smart machinery and automation technologies[182]. - Research and development efforts focused on core components, intelligent and unmanned products, with a commitment to enhancing technological leadership[71]. Strategic Initiatives and Future Outlook - The company projects a revenue growth of approximately 13.0% in 2017, targeting 19.087 billion CNY[96]. - The company aims to strengthen its international market presence, leveraging new mechanisms and teams to capture major global markets[97]. - The company plans to enhance its product offerings in high-end machinery, including cranes, loaders, and road machinery, while also focusing on new products in environmental equipment and components[97]. - The company recognizes the potential for growth in international markets, particularly through the Belt and Road Initiative, despite challenges from global economic uncertainties[94]. - The company expects a revenue growth forecast of 12% for 2017, driven by increased demand in infrastructure projects[182]. Corporate Governance and Compliance - The governance structure complies with relevant laws and regulations, ensuring effective operation of the shareholders' meeting, board of directors, and supervisory board[196]. - The company ensures equal rights for all shareholders, particularly minority shareholders, during voting on significant matters[197]. - The board of directors complies with the Shenzhen Stock Exchange regulations, with independent directors constituting over one-third of the board[199]. - The company has revised and improved eight governance-related systems to align with regulatory requirements[196]. - Related party transactions during the reporting period were conducted fairly, with independent directors providing prior approval and the supervisory board overseeing compliance[200]. Acquisitions and Investments - The company acquired 60% equity in Jiangsu XCMG Information Technology Co., Ltd. through a business combination under common control in January 2016[17]. - The company reported a net profit increase of approximately 7.9373 million CNY from the acquisition of Jiangsu Xugong Information Technology Co., Ltd.[90]. - The company has committed to injecting its subsidiaries into the main company at an appropriate time, contingent on improved asset quality and profitability[114]. - The company has completed two strategic acquisitions in 2016, enhancing its capabilities in hydraulic technology and automation[186]. Environmental and Social Responsibility - The company has invested RMB 43.90 million in environmental protection initiatives during the reporting period[148]. - The company achieved compliance with environmental management standards (ISO 14001) and met emission reduction targets for waste[148]. - The company has published a corporate social responsibility report, which includes information on environmental, social, and corporate governance aspects[147]. Share Repurchase and Capital Management - The company repurchased a total of 76,560,047 shares, accounting for 1.08% of the total share capital, with a total transaction amount of approximately 259 million RMB[115]. - The company has decided to cease further share repurchases to improve capital efficiency and accelerate transformation and upgrading[115]. - The company has waived the commitment to inject its subsidiary into the parent company, which was approved by the board[150].

证券代码：000425 证券简称：徐工机械 公告编号：2017-5 徐工集团工程机械股份有限公司 2016 年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、本期业绩预计情况 ②年初至本报告期末，由于公司实施回购股份76,560,047股，公司总 股本变更至7,007,727,655股，上年同期基本每股收益按新的股本进行追 溯调整。 1 二、业绩预告预审计情况 本次业绩预告未经注册会计师预审计。 三、业绩变动原因说明 年初至本报告期末净利润同比上升的主要原因系公司期间 费用同比下降，其中汇率波动产生正收益。 1．业绩预告期间：2016 年 1 月 1 日至 2016 年 12 月 31 日 2．预计的业绩： 亏损 扭亏为盈 √同向上升 同向下降 | 项 目 | | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司 股东的净利润 | 盈利：18，000 | 万元～24，000 | | 万元 | 盈利：约 5，667 注① | 万元 | | | | | ...

Financial Performance - Net profit attributable to shareholders increased by 319.34% year-on-year, amounting to ¥38.35 million[4] - Operating revenue for the reporting period was ¥3.95 billion, reflecting an increase of 11.14% compared to the same period last year[4] - Basic earnings per share rose to ¥0.005, a 400.00% increase year-on-year[5] - The weighted average return on net assets increased by 0.18 percentage points to 0.18%[5] - The net cash flow from operating activities surged by 456.41%, totaling ¥1.58 billion[4] Assets and Liabilities - Total assets at the end of the reporting period reached ¥44.33 billion, an increase of 3.68% compared to the previous year[4] - Accounts receivable decreased by 55.25% due to the use of receivables for payments and collections[14] - Other current assets increased by 282.71% mainly due to an increase in prepaid taxes[14] - Long-term borrowings increased by 82.83% due to structural changes between long-term and short-term borrowings[14] - The company issued bonds worth 1.5 billion yuan, resulting in a 99.78% increase in payable bonds[14] - Deferred income increased by 137.30% due to government subsidies received related to income from previous years[14] - Financial expenses decreased by 86.63% due to the impact of exchange rate changes and interest-bearing liabilities[14] - Investment income decreased by 41.31% compared to the same period last year due to reduced gains from long-term equity investments[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 273,995[9] - The largest shareholder, Xugong Group, holds 42.60% of the shares, amounting to 2,985,042,012 shares[10] Corporate Actions and Commitments - The company plans to increase capital in its wholly-owned subsidiary by 1 billion yuan to enhance financial management and support operations[16] - The company intends to issue perpetual corporate bonds to optimize capital structure and improve financing efficiency[16] - XCMG paid performance compensation of RMB 1.98 million and RMB 19.95 million to XCMG Machinery for the years 2014 and 2015, respectively, due to underperformance[18] - As of March 31, 2016, all performance compensation payments had been completed[18] - The company has been adhering to its commitments regarding the regulation of related party transactions since July 2009[18] - XCMG Group has committed to not engaging in any business that competes with XCMG Machinery as long as it retains control or significant influence over the company[20] - The company has fulfilled its commitments regarding related party transactions and competitive commitments since the major asset restructuring in 2009[20] Future Outlook and Plans - The company anticipates a significant change in cumulative net profit from the beginning of the year to the next reporting period, indicating potential losses or substantial fluctuations compared to the same period last year[22] - The company plans to inject shares of Xuzhou XCMG Road Machinery Co., Ltd. into XCMG Machinery at an appropriate time, contingent on the improvement of asset quality and profitability[20] - XCMG Group and XCMG Limited have committed to injecting shares of Jiangsu XCMG Engineering Machinery Leasing Co., Ltd. into XCMG Machinery within the next five years, provided that the company maintains strong profitability and market share in financing leasing[20] - XCMG Group has outlined plans for future asset injections based on the performance and market conditions of its subsidiaries[20] Compliance and Governance - There were no violations regarding external guarantees during the reporting period[25] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - The company conducted multiple on-site research activities with institutions on August 31, September 1, September 2, and September 28, 2016, as recorded in the investor relations activity log[24] Performance Commitments - The performance commitment for XCMG Foundation requires net profits of no less than RMB 89.49 million, RMB 95.35 million, and RMB 111.44 million for the years 2014, 2015, and 2016, respectively[18] - XCMG's actual net profits for 2014, 2015, and 2016 were RMB 111.79 million, RMB 121.64 million, and RMB 134.43 million, exceeding the performance commitment amounts by RMB 22.30 million, RMB 26.29 million, and RMB 11.44 million, respectively[18] - XCMG's acquisition of 50% equity in Xuzhou Hesiman requires performance commitments of RMB 57.90 million, RMB 60.52 million, and RMB 62.11 million for the years 2014, 2015, and 2016, respectively[18] - The actual net profits for Xuzhou Hesiman in 2014, 2015, and 2016 were RMB 53.94 million, RMB 20.63 million, and RMB 62.11 million, respectively, which were below the performance commitment amount for 2014 and 2015[18]