根据《深圳证券交易所股票上市规则》、《企业会计准则》等相关法律法规的 规定，山推工程机械股份有限公司（以下简称"公司"）董事会审计委员会，对 公司 2025 年上半年计提资产减值准备及资产核销事宜，基于勤勉尽责立场，发 表如下意见： 山推工程机械股份有限公司董事会审计委员会 关于 2025 年上半年计提资产减值准备及资产核销的合理性说明 山推工程机械股份有限公司董事会 二〇二五年八月二十三日 公司本次计提资产减值准备及资产核销事项符合《企业会计准则》和公司相 关会计政策的规定，依据充分，体现了会计处理的谨慎性原则，有利于客观、公 允地反映公司资产价值和财务状况，使公司关于资产价值的会计信息更加真实可 靠及具有合理性。因此，我们一致同意公司本次计提资产减值准备及资产核销事 项。 ...

关于增加 2025 年度部分日常关联交易额度的公告 证券代码：000680 证券简称：山推股份 公告编号：2025—068 山推工程机械股份有限公司 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、日常关联交易基本情况 2025年4月14日，公司2024年第二次临时股东大会审议通过了《关于预计2025年度日 常关联交易的议案》，鉴于2025年1-6月与关联方的实际发生交易金额，结合公司2025年 下半年生产经营计划，公司预计2025年与潍柴控股集团有限公司及其关联方、中国重型 汽车集团有限公司及其关联方以及山重融资租赁有限公司的实际发生关联交易金额有所 增加，按照《深圳证券交易所股票上市规则》的相关规定，增加与潍柴控股集团有限公 司及其关联方、中国重型汽车集团有限公司及其关联方以及山重融资租赁有限公司2025 年度日常关联交易额度，具体内容如下： 该事项已于2025年8月22日经公司第十一届董事会第十八次会议逐项审议通过，相关 关联董事王翠萍、肖奇胜进行了回避表决，其余董事均表示同意。董事会审议前，该议案 已经独立董事专门会议审议通过。根据《深圳证券交易所 ...

证券代码：000680 证券简称：山推股份 公告编号：2025-067 山推工程机械股份有限公司 重工财务公司注册资本 40 亿元人民币，股权结构如下： 法定代表人：申传东 注册及营业地：山东省济南市高新区舜华路街道华奥路 777 号中国重汽科技大厦 一层和二层 经营范围：吸收成员单位存款；办理成员单位贷款；办理成员单位票据贴现；办 理成员单位资金结算与收付；提供成员单位委托贷款、债券承销、非融资性保函、财 单位：万元 股东名称 注册资本 股权比例 中国重汽（香港）有限公司 150,000.00 37.50% 山东重工集团有限公司 93,750.00 23.44% 潍柴动力股份有限公司 78,125.00 19.53% 山推工程机械股份有限公司 31,250.00 7.81% 潍柴重机股份有限公司 31,250.00 7.81% 陕西法士特齿轮有限责任公司 15,625.00 3.91% 合计 400,000.00 100.00% 务顾问、信用鉴证及咨询代理业务；从事同业拆借；办理成员单位票据承兑；办理成 员单位产品买方信贷和消费信贷；从事固定收益类有价证券投资；经银行业监督管理 机构或其他享有行政许可权的机 ...

山推工程机械股份有限公司 2025 年上半年计提资产减值准备及资产核销的报告 一、计提资产减值准备情况 按照公司《计提资产减值准备和损失处理的内部控制制度》及会计准则的规定，应 收款项、长期应收款计提了坏账准备，存货、合同资产、长期股权投资、固定资产、无 形资产、投资性房地产计提了减值准备，在建工程无减值情形，未计提减值准备。 (一)计提坏账准备 1、计提坏账准备的方法 依据公司内控制度及会计准则要求,对应收款项计提减值准备，对纳入合并报表范围 的内部关联企业往来不计提坏账准备。 2、计提坏账准备的余额为：98,308.09 万元，具体情况如下： (1)应收账款余额 609,379.49 万元，计提坏账准备 68,193.66 万元，净额为 541,185.84 万元。 单位：万元 | 种类 | 期末余额 | | | | | --- | --- | --- | --- | --- | | | 账面余额 | | 坏账准备 | | | | 金额 | 比例(%) | 金额 | 计提比例 (%) | | 按单项计提坏账准备的应收账款 | 171,485.11 | 28.14 | 14,552.48 | 8.49 | ...

山推工程机械股份有限公司 二О二五年八月 山推工程机械股份有限公司 2025 年半年度财务报告 山推工程机械股份有限公司 2025 年 半年度财务报告 山推工程机械股份有限公司 2025 年半年度财务报告 2025 年半年度报告财务报表附注 一、公司基本情况 1、注册资本、注册地、组织形式和总部地址 山推工程机械股份有限公司（以下简称"公司"或"本公司"）系于1993年3月经山东 省济宁市经济体制改革委员会以济体改[1993]第79号文批准，在原山东推土机总厂的基础上 进行改组成立的股份有限公司。1996年12月27日，经中国证券监督管理委员会证监发字 [1996]367号文批复，1997年1月22日公司流通股在深圳证券交易所上市交易，股票简称：山 推股份，股票代码：000680，截至2025年6月30日，公司股本为人民币1,500,142,612.00元。 注册地及总部地址：山东省济宁市高新区327国道58号。 2、业务性质和实际从事的主要经营活动 公司所处行业：专用设备制造业。 公司主要产品：推土机、挖掘机、装载机、道路机械、矿卡、混凝土机设备及零部件。 公司经营范围：建筑工程用机械制造；建筑工程用机械销 ...

山推工程机械股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 单位：万元 法定代表人： 主管会计工作负责人： 会计机构负责人： | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司 | 上市公司核算的 | 2025 年期初占用 2025 | 年半年度占用累计 2025 | 年半年度占用 2025 | 年半年度偿 2025 | 年半年度期 | 占用形成原 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 的关联关系 | 会计科目 | 资金余额 | 发生金额（不含利息） | 资金的利息（如有） | 还累计发生金额 | 末占用资金余额 | 因 | 占用性质 | | 控股股东、实际控制人及其附属企业 | | | | | | | | | | | | 小计 前控股股东、实际控制人及其附属企业 | - | - | - | | | | | | | - | | 小计 | - | - | - | | | | | | | | | 其他关联方及其附属企业 | | | | | | | | | ...

Core Insights - The article highlights the launch of the world's first AI bulldozer by Shantui, which integrates advanced AI technology to enhance operational efficiency and safety in construction machinery [1][4][10] AI Empowerment - The AI bulldozer operates autonomously, allowing for remote control from a warm command center, showcasing a significant shift from traditional manual operation to intelligent decision-making [2][3] - The AI system enables precise control of the bulldozer's actions, achieving a positioning accuracy of ±3 cm, which improves operational efficiency by 30-40% compared to traditional methods [3][7] Performance Testing - Shantui conducted over 25,000 field tests under various working conditions over six months to validate the performance of the AI bulldozer [4] - The AI decision-making model was developed through deep integration of foundational large models and extensive knowledge graphs [4] Intelligent Systems - The AI bulldozer features a smart architecture with nine intelligent systems focused on core areas such as power optimization and operational safety [5] - The health management system utilizes data from 110,000 machines to proactively manage maintenance, transitioning from reactive to preventive care [5][6] Efficiency and Cost Reduction - The AI bulldozer's automatic work device system significantly reduces post-construction adjustments, leading to a 30% decrease in rework and a doubling of construction efficiency [7] - Fuel consumption is reduced by 20% and idle time by 1.5 hours per day during operations, demonstrating substantial cost savings [7] Future Development - Shantui aims to achieve full coverage of AI bulldozer core functions within three years, expanding AI technology across its entire product line [8] - The company is establishing a collaborative ecosystem for AI technology in construction machinery, moving towards a fully integrated intelligent operation model [8][10] Industry Position - Shantui is recognized as a "chain leader" in the engineering machinery industry, with a local supply rate of nearly 70%, providing a strong foundation for the implementation of AI technologies [9][10]

Core Insights - The company Shantui has launched the world's first AI bulldozer, marking a significant advancement in the construction machinery industry through the integration of AI technology [2][4]. AI Empowerment - The AI bulldozer operates autonomously, making decisions based on environmental data rather than merely executing commands, thus enhancing operational efficiency and safety [3][6]. - The AI system incorporates advanced sensor fusion technology to monitor vehicle posture and surroundings, providing early warnings and automatic adjustments to prevent accidents [3][4]. Technological Development - The development involved over 25,000 field tests across various conditions, showcasing the extensive research and development efforts by Shantui's technical team [4][5]. - The AI bulldozer features a sophisticated architecture with nine intelligent systems, focusing on core areas such as power optimization and construction safety [4][5]. Operational Efficiency - The AI bulldozer has demonstrated significant improvements in operational metrics, including a 40% increase in earth-moving efficiency and a 20% reduction in fuel consumption during tests [6][7]. - The automatic control systems have reduced the error margin in leveling work from ±5 cm to ±3 cm, leading to a 30% decrease in post-construction adjustments [5][6]. Future Plans - Shantui aims to achieve full coverage of AI bulldozer core functions within three years, expanding AI technology to other machinery such as excavators and loaders [7]. - The company is building a comprehensive AI technology platform and intelligent construction ecosystem, leveraging its strong industrial foundation and high local supply chain integration [7].

Group 1: Institutional Research and Shareholder Activity - The top twenty companies with the most institutional research in the last 30 days include Dongpeng Beverage, Zhongchong Co., Hikvision, Defu Technology, and Xinyi Technology[5] - In the last five days, the most researched companies include Nanwei Medical, Anjisi, Jinchengzi, Xinqianglian, and Baiya Co.[5] - Among the top twenty companies with institutional research in the last 30 days, 12 companies had 10 or more rating agencies, including Dongpeng Beverage, Zhongchong Co., and Hikvision[5] Group 2: Shareholder Buybacks - From August 11 to August 15, 2025, 51 companies announced buyback progress, with 10 having 10 or more rating agencies, and only 2 companies (Baolong Technology and Fuanna) had buyback amounts exceeding 1% of their market value[25] - From January 1 to August 15, 2025, 1,662 companies announced buyback progress, with 364 having 10 or more rating agencies, and 99 companies had buyback amounts exceeding 1% of their market value[27] Group 3: Shareholder Increase Activity - From August 11 to August 15, 2025, only 5 companies with significant shareholder increases had amounts below 1% of their market value[19] - From January 1 to August 15, 2025, 251 companies announced significant shareholder increases, with 67 having 10 or more rating agencies, and 19 companies had amounts exceeding 1% of their market value[21]

Market Overview - The engineering machinery sector experienced a decline of 0.57% on August 19, with Shanhe Intelligent leading the drop [1] - The Shanghai Composite Index closed at 3727.29, down 0.02%, while the Shenzhen Component Index closed at 11821.63, down 0.12% [1] Stock Performance - Notable gainers in the engineering machinery sector included: - Wantong Hydraulic (Code: 630839) with a closing price of 39.80, up 16.41% [1] - Weibao Hydraulic (Code: 871245) with a closing price of 35.51, up 7.28% [1] - Nuo Li Co., Ltd. (Code: 603611) with a closing price of 28.94, up 4.86% [1] - Conversely, Shanhe Intelligent (Code: 002097) saw a significant decline of 6.38%, closing at 17.60 [2] - Other notable decliners included: - Southern Road Machinery (Code: 603280) down 5.98% [2] - Shaoyang Hydraulic (Code: 301079) down 4.90% [2] Capital Flow - The engineering machinery sector saw a net outflow of 930 million yuan from institutional investors, while retail investors contributed a net inflow of 1.169 billion yuan [2] - The capital flow for specific stocks indicated: - Anhui Heli (Code: 600761) had a net inflow of 37.1 million yuan from institutional investors [3] - Nuo Li Co., Ltd. (Code: 603611) experienced a net inflow of 26.4 million yuan from institutional investors [3] - Conversely, significant outflows were noted for several stocks, including Shaoyang Hydraulic with a net outflow of 32.2 million yuan from institutional investors [3]