证券代码：000680 证券简称：山推股份 山推工程机械股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | --- | --- | |-------------------------|----------|----------------------------------------------|------------------|-------------------------------------------------|--------------------------------------------------------------------| | | | 【请在您选择的方式的"（ | | ）"中打"√"，下同】 | | | | （ | √）特定对象调研 | | （ | ）分析师会议 | | | （ | ）媒体采访 （ | | | ）业绩说明会 | | 投资者关系活动类别 | | （ ）新闻发布会 （ ）路演活动 | | | | | | （ | ）现场参观 | | | | | | | （ ）其他 | | （请文字说明其他活动内容） | | | 参 ...

证券代码：000680 证券简称：山推股份 山推工程机械股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |-----------------------------|------------|----------------------------------------------|-----------------------------------------------------------------------| | | | 【请在您选择的方式的"（ | ）"中打"√"，下同】 | | | （ | √）特定对象调研 （ | ）分析师会议 | | | （ | ）媒体采访 （ | ）业绩说明会 | | 投资者关系活动类别 | | （ ）新闻发布会 （ ）路演活动 | | | | （ | ）现场参观 | | | | （ ）其他 | （请文字说明其他活动内容） | | | 参与单位名称及人员 姓名 | 丰盛资本 | 赵国强、胡汉钱 | | | | | | | | 时间 | 2021 | 年 7 月 8 日 9:00-10:30 | | | 地点 上市公司接待人员 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,316,244,617.22, representing a 25.21% increase compared to ¥1,849,818,809.09 in the same period last year[4] - Net profit attributable to shareholders was ¥84,326,576.37, a significant increase of 89,229.80% from ¥-94,610.98 in the previous year[4] - The basic earnings per share (EPS) rose to ¥0.0562, up 992.06% from ¥0.0153 in the same period last year[4] - The total operating revenue for the first nine months of 2022 was CNY 6,526,491,769.88, a decrease from CNY 7,257,506,447.40 in the same period last year, representing a decline of approximately 10.1%[49] - The net profit attributable to shareholders of the parent company was CNY 486.26 million, up 241.5% from CNY 142.37 million in the previous period[55] - The total comprehensive income for the current period was CNY 494.75 million, compared to CNY 146.26 million in the previous period, marking a growth of 238.5%[55] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥-184,654,982.72, a decline of 130.17% compared to ¥612,104,906.29 in the previous year[4] - The company reported a significant decline in cash flow across all activities, indicating potential liquidity challenges moving forward[14] - The cash flow from operating activities showed a net outflow of CNY 184.65 million, a decline from a net inflow of CNY 612.10 million in the previous period[59] - Cash inflow from financing activities totaled $1,647,173,414.92, down 47.0% from $3,106,664,163.39 in the previous period[63] - Cash outflow from financing activities amounted to $2,025,640,796.85, a decrease of 40.4% compared to $3,400,609,809.53 last period[63] - The net increase in cash and cash equivalents was -$716,206,222.77, contrasting with an increase of $384,350,957.05 in the previous period[63] - The ending balance of cash and cash equivalents was $1,284,991,698.27, down 25.5% from $1,725,191,665.41 at the end of the last period[63] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,333,235,214.94, a decrease of 7.06% from the previous year's end[6] - The total current assets decreased to CNY 7,458,772,058.75 from CNY 8,411,215,917.71, reflecting a reduction of about 11.3%[46] - Total liabilities decreased from CNY 6,372,539,669.94 to CNY 5,462,650,564.46, a decline of approximately 14.3%[49] - The company's cash and cash equivalents decreased to CNY 2,119,338,512.25 from CNY 2,859,697,343.34, a decrease of about 26%[46] Investments and Acquisitions - The company completed the acquisition of Shandong DeGong Machinery Co., Ltd., which was included in the consolidated financial statements, requiring retrospective adjustments[6] - Investment income surged by 391.76% to ¥329,128,196.29, compared to ¥66,928,330.84 in the same period last year[11] - The company committed a total investment of RMB 68,171.21 million, with an adjusted investment amount of RMB 67,773.44 million, and has invested RMB 35,793.17 million to date, achieving an investment progress of 52.6%[33] - The high-power bulldozer industrialization project has an investment commitment of RMB 44,600 million, with RMB 12,518.40 million invested to date, representing an investment progress of 28.07%[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 100,126, with no preferred shareholders having restored voting rights[15] - Shandong Heavy Industry Group Co., Ltd. holds 24.27% of shares, amounting to 364,399,684 shares, making it the largest shareholder[15] Derivative Investments - The company reported a total loss of 3.76 million yuan from derivative investments during the period from January to September 2022[27] - The company signed three forward foreign exchange contracts, with a total contract amount of 3.12 million USD, resulting in a loss of 376.05 thousand yuan[27] - The company has implemented risk management strategies for derivative investments, including stop-loss limits and reverse hedging[26] - The company’s independent directors provided opinions on the investment and risk control of derivatives, which were disclosed on March 28, 2022[27] - The company has not reported any litigation related to derivative investments during the reporting period[26] Research and Development - The company’s research and development expenses increased to CNY 284.44 million, up from CNY 272.66 million in the previous period, reflecting a focus on innovation[53]

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,338,873,009.46, a decrease of 12.19% compared to the same period last year[7]. - Net profit attributable to shareholders was ¥364,210,721.47, representing a significant increase of 342.05% year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥72,826,720.79, down 27.79% from the previous year[7]. - Basic and diluted earnings per share were both ¥0.2425, an increase of 272.50% year-on-year[7]. - Total operating revenue for the current period was ¥2,338,873,009.46, a decrease of 12.2% compared to ¥2,663,457,502.08 in the previous period[57]. - Net profit for the current period reached ¥366,706,951.25, significantly up from ¥83,717,934.90 in the previous period, marking a growth of 338.5%[61]. - The company reported an investment income of ¥309,709,263.95, a significant increase from ¥23,073,152.46 in the previous period[57]. Cash Flow - The net cash flow from operating activities was -¥239,205,942.07, a decrease of 178.67% compared to the same period last year[7]. - Cash inflow from operating activities totaled 1,628,636,945.98, down from 1,838,238,745.70, reflecting a decrease of about 11.4%[65]. - Cash outflow from operating activities increased to 1,867,842,888.05 from 1,534,164,597.05, marking an increase of approximately 21.8%[65]. - The net cash flow from financing activities was -295,351,588.73, compared to -206,692,316.33 in the previous period, indicating a worsening of approximately 42.9%[69]. - The ending balance of cash and cash equivalents was 1,582,213,906.23, compared to 1,488,613,944.07 in the previous period, showing an increase of about 6.3%[69]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,789,890,492.71, an increase of 4.79% from the end of the previous year[10]. - The company's total liabilities decreased to ¥5,877,483,944.44 from ¥6,372,539,669.94 at the beginning of the year, a reduction of 7.8%[60]. - The total equity attributable to shareholders of the parent company was ¥4,594,865,487.60, slightly down from ¥4,645,787,861.43 at the beginning of the year, a decrease of 1.1%[60]. - Total assets decreased from CNY 11.3332 billion to CNY 10.7899 billion[50]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 89,718[18]. - The largest shareholder, Shandong Heavy Industry Group Co., Ltd., holds 24.26% of shares, totaling 364,399,684 shares[18]. - The second largest shareholder, Weichai Power Co., Ltd., holds 15.76% of shares, totaling 236,705,601 shares[18]. Investments and Acquisitions - The company completed the acquisition of Shantui (Dezhou) Engineering Machinery Co., Ltd. and Shandong Degong Machinery Co., Ltd. in March 2022, which was included in the consolidated financial statements[10]. - The company acquired 56.6403% equity in Dezhou Degong and 100% equity in Shandong Degong for a total transaction price of CNY 413.0827 million[43]. - As of the report date, the company has paid 90% of the equity transfer price, amounting to CNY 371.7744 million[44]. Financial Services and Risk Management - The company is engaged in various financial services, including bank acceptance, mortgage, and financing lease agreements[23]. - The company has established risk management strategies for its financial derivatives, including stop-loss limits and reverse hedging[31]. - The company’s independent directors provided a special opinion on the investment and risk control of financial derivatives, which is disclosed in a separate report[32]. Research and Development - Research and development expenses increased to ¥84,932,472.09 from ¥75,597,406.45, reflecting a rise of 12.4%[57].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 4,210,247,152.66, a decrease of 22.14% compared to the same period last year[22]. - Net profit attributable to shareholders was CNY 401,936,704.12, an increase of 182.13% year-on-year[22]. - The net profit after deducting non-recurring gains and losses was CNY 116,698,664.88, down 32.12% from the previous year[22]. - The net cash flow from operating activities was negative at CNY -298,973,288.38, a decline of 149.61% compared to the same period last year[22]. - Basic earnings per share were CNY 0.2675, representing a 155.98% increase year-on-year[22]. - Total assets at the end of the reporting period were CNY 10,288,104,132.86, a decrease of 9.22% from the end of the previous year[22]. - The net assets attributable to shareholders were CNY 4,661,954,585.56, a slight increase of 0.35% compared to the previous year[22]. - The company reported a significant increase in revenue for the first half of 2022, with a year-on-year growth of 25%[183]. - The company reported a net profit contribution of RMB 6.75 million from its subsidiary Shandong Shantui Engineering Machinery Import and Export Co., Ltd., which accounted for over 10% of the company's net profit[115]. Market and Industry Trends - The engineering machinery industry is highly correlated with macroeconomic conditions and fixed asset investments, experiencing a downward trend in demand due to the impact of the Russia-Ukraine conflict and COVID-19 in early 2022[33]. - The engineering machinery market is becoming increasingly concentrated, with leading companies capturing a larger share of the market[34]. - The engineering machinery industry is experiencing a shift towards digitalization and the application of new technologies, which is reshaping market dynamics[34]. - Domestic sales revenue decreased by 32.59% to CNY 2,449,218,103.98, while international sales increased by 53.76% to CNY 1,412,568,927.22[79]. - The company has reported a significant increase in overseas business expansion efforts, contributing positively to revenue despite domestic challenges[82]. Strategic Initiatives - The company completed the acquisition of Dezhou Degong and Shandong Degong in March 2022, consolidating them into the financial statements[22]. - The company is focusing on enhancing its product competitiveness through increased investment in research and development, particularly in the loader segment[37]. - The company has established a complete product chain, primarily focusing on bulldozers, with a strong competitive edge in the domestic market[34]. - The company has established a future product research institute to focus on blue ocean products and personalized customization[69]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[186]. Research and Development - Research and development investment increased by 20.29% to CNY 199,107,945.33, reflecting a commitment to market demand[73]. - The company launched the world's first pure electric bulldozer and achieved mass sales of pure electric loaders, leading the industry in new energy product development[69]. - The company has established a core technology for the development of pure electric loaders, completing multiple prototypes and enhancing energy-saving modes significantly[63]. - Investment in R&D has increased by 30% year-on-year, focusing on innovative technologies and product enhancements[186]. Risk Management - The company has implemented strict risk management measures for its financial sales business, including performance tracking and compliance approvals[54]. - The company has established risk management strategies for its derivative investments, including stop-loss limits and reverse hedging measures[101]. - The company faces risks from macroeconomic policy adjustments and the pandemic, which could impact market demand and pricing[122]. - Rising raw material prices, particularly steel, pose a significant cost control challenge for the company[126]. Environmental and Social Responsibility - The company invested approximately RMB 30 million in environmental governance facilities upgrades and maintenance over the past two years[140]. - The company achieved a VOCs removal rate of over 95% through advanced treatment processes in its painting and welding workshops[140]. - The company has maintained compliance with environmental standards, with all pollution source discharge indicators significantly below national and local standards[141]. - The company donated over RMB 350,000 in cash and educational materials to support a local school[148]. Shareholder and Equity Information - The largest shareholder, Shandong Heavy Industry Group, holds 24.26% of the shares, totaling 364,399,684 shares[195]. - The second largest shareholder, Weichai Power Co., Ltd., holds 15.76% of the shares, totaling 236,705,601 shares[195]. - The total number of common stock shareholders at the end of the reporting period was 100,019[195]. - The company has not implemented any share buyback programs during the reporting period[192].

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,338,873,009.46, a decrease of 12.19% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥364,210,721.47, representing a significant increase of 342.05% year-on-year[6]. - Basic and diluted earnings per share were both ¥0.2425, an increase of 272.50% from the same period last year[6]. - Net profit for the quarter reached CNY 366,706,951.25, significantly up from CNY 83,717,934.90 in the previous year, representing a year-on-year increase of 338.5%[64]. - Earnings per share (EPS) for the quarter was CNY 0.2425, compared to CNY 0.0651 in the same period last year, reflecting a substantial increase[64]. - The company reported an investment income of CNY 309,709,263.95, a notable increase from CNY 23,073,152.46 in the previous year[60]. - Total operating costs amounted to CNY 2,294,146,896.44, down 11.7% from CNY 2,598,668,063.95 year-on-year[60]. - Research and development expenses were CNY 84,932,472.09, an increase of 12.5% compared to CNY 75,597,406.45 last year[60]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥239,205,942.07, a decline of 178.67% compared to the previous year[17]. - Operating cash flow for the period was negative at -239,205,942.07, compared to a positive cash flow of 304,074,148.65 in the previous period, indicating a significant decline[68]. - Cash inflow from investment activities totaled 150,340,673.88, up from 38,956,718.26 in the previous period, showing a strong increase in investment receipts[72]. - Net cash flow from investment activities was negative at -257,280,097.69, compared to a positive flow of 30,762,096.41 in the previous period, reflecting increased investment outflows[72]. - Cash inflow from financing activities was 1,046,221,058.75, down from 1,221,932,688.86 in the previous period, indicating a decrease in financing receipts[72]. - Net cash flow from financing activities improved to 76,560,195.40, compared to a negative flow of -206,692,316.33 in the previous period, suggesting better management of financing[72]. - The ending cash and cash equivalents balance was 1,582,213,906.23, an increase from 1,488,613,944.07 in the previous period, indicating a slight improvement in liquidity[72]. - Total cash outflow from operating activities was 1,867,842,888.05, compared to 1,534,164,597.05 in the previous period, indicating increased operational expenditures[68]. - Cash received from tax refunds was 114,879,925.55, significantly higher than 52,445,397.26 in the previous period, reflecting improved tax recovery[68]. - Cash paid to employees decreased to 196,755,241.03 from 211,929,888.29, showing a reduction in labor costs[68]. - Cash paid for taxes was 40,027,127.35, down from 47,260,296.85, indicating a decrease in tax liabilities[68]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,789,890,492.71, a decrease of 4.77% from the end of the previous year[9]. - The total liabilities decreased to CNY 5,877,483,944.44 from CNY 6,387,718,177.81 at the beginning of the year, indicating a reduction of approximately 8%[56]. - The total equity attributable to shareholders of the parent company was CNY 4,594,865,487.60, slightly down from CNY 4,628,074,551.62 at the beginning of the year[56]. - The company's cash and cash equivalents decreased from CNY 2.8597 billion at the beginning of the year to CNY 2.4481 billion[49]. - Accounts receivable increased from CNY 1.8339 billion to CNY 2.2660 billion, reflecting a growth of approximately 23.6%[49]. - Inventory decreased from CNY 2.1492 billion to CNY 2.0136 billion, a reduction of about 6.3%[49]. - The company’s non-current assets increased from CNY 2.9220 billion to CNY 2.9750 billion, reflecting a growth of about 1.8%[52]. - The company’s short-term borrowings remained stable at approximately CNY 695.1 million[52]. Investments and Acquisitions - The company completed the acquisition of Shantui (Dezhou) Engineering Machinery Co., Ltd. and Shandong Degong Machinery Co., Ltd. in March 2022, which was included in the consolidated financial statements[9]. - The company completed the acquisition of 56.6403% of Dezhou Degong and 100% of Shandong Degong for a total transaction price of CNY 413.0827 million[45]. - As of the report date, the company has paid 90% of the equity transfer price, amounting to CNY 371.7744 million[46]. - The company raised a total of RMB 681,712,130.88 through a non-public offering of 236,705,601 shares at a price of RMB 2.88 per share[38]. - After deducting issuance costs of RMB 3,977,688.81, the net proceeds from the offering amounted to RMB 677,734,442.07[38]. - As of March 31, 2022, the company had invested a total of RMB 287,523,138.78 in fundraising projects, with RMB 19,122,430.17 used in the first quarter of 2022[39]. - The company has a remaining balance of RMB 397,533,911.83 in its fundraising account, including interest income and fees[40]. Financial Management and Risk - The company has established various financial service agreements with multiple banks to support its operations[26]. - The company is actively managing its financial risks associated with its financing and leasing operations[27]. - The company has established risk management strategies for its financial derivatives, including stop-loss limits and reverse hedging[33]. - The company plans to continue monitoring and analyzing investment projects to mitigate risks associated with adverse exchange rate fluctuations[33]. - The company has not yet engaged in cash management using idle fundraising funds as per the approved proposals[39]. - The company reduced foreign exchange losses by RMB 15,000 through the use of forward contracts in the first quarter of 2022[34]. - The company signed a forward foreign exchange contract with China Construction Bank for a total amount of USD 12.3098 million, with a starting date of January 21, 2022, and an end date of December 21, 2023[30]. - The company's total investment in financial derivatives at the end of the reporting period was USD 2.78012 million, accounting for 3.84% of the company's net assets[30].

Financial Performance - The company's operating revenue for 2021 was ¥9,159,943,043.64, representing a 29.05% increase compared to ¥7,098,162,031.02 in 2020 [23]. - The net profit attributable to shareholders for 2021 was ¥209,474,938.40, a significant increase of 107.91% from ¥100,754,429.96 in 2020 [23]. - The net profit after deducting non-recurring gains and losses for 2021 was ¥217,894,066.12, up 151.80% from ¥86,534,286.44 in 2020 [23]. - The company's total assets at the end of 2021 were ¥10,746,332,488.32, a 10.76% increase from ¥9,702,686,556.11 at the end of 2020 [23]. - The weighted average return on equity for 2021 was 5.12%, an increase of 2.21 percentage points from 2.91% in 2020 [23]. - The basic and diluted earnings per share for 2021 were both ¥0.1480, an increase of 82.27% from ¥0.0812 in 2020 [23]. - The net cash flow from operating activities for 2021 was ¥426,511,421.72, a decrease of 36.02% compared to ¥666,640,072.06 in 2020 [23]. - The company reported a total of 1,501,853,212 shares outstanding as of the last trading day before disclosure [26]. - The company received government subsidies amounting to ¥23,686,925.99 in 2021, compared to ¥20,803,462.58 in 2020 [29]. Business Operations - The company has not reported any changes in its main business or controlling shareholders during the reporting period [18]. - The company's main business includes the research, development, manufacturing, sales, leasing, and maintenance of construction machinery, with a focus on bulldozers, road rollers, and other core components, generating significant revenue from these products [39]. - The engineering machinery industry is experiencing increased concentration and competition, with a shift towards digitalization and new technologies [36]. - The company has established flexible sales policies to enhance market competitiveness and adapt to market changes [40]. - The company is a leading player in the domestic bulldozer industry and one of the earliest listed companies in the construction machinery sector [39]. Sales and Revenue Streams - Sales through the "repurchase warehouse" model amounted to approximately 1,101.18 million CNY, accounting for 12.02% of the company's total revenue in 2021 [40]. - The sales amount through the mortgage business was approximately 51.44 million CNY, representing 0.56% of the total revenue for 2021 [43]. - Financing leasing sales reached approximately 370.20 million CNY, which is 4.04% of the company's total revenue [44]. - Financial credit sales amounted to about 124.99 million CNY, making up 1.36% of the total revenue for 2021 [44]. - The company’s main business revenue was ¥8,084,233,696.02, accounting for 88.26% of total revenue, with a year-on-year growth of 28.06% [69]. - The industrial product sales amounted to ¥7,538,829,895.06, which is 82.30% of total revenue, reflecting a year-on-year increase of 28.05% [69]. - Domestic sales accounted for ¥8,674,013,082.26, which is 94.70% of total revenue, with a year-on-year growth of 24.91% [69]. Research and Development - Research and development expenses increased by 35.10% to ¥339,882,562.21 in 2021, reflecting a commitment to market demand [80]. - The R&D investment as a percentage of operating income increased to 3.71%, up from 3.54% in the previous year [83]. - The company completed the development of several new products, including the DH46 bulldozer and the LE56 electric loader, aimed at expanding its product line and market reach [83]. - The company has initiated the development of new energy products, including the DE17 bulldozer, to tap into the new energy market [83]. - The company has made significant advancements in product technology, achieving international leading levels in comfort, intelligence, and control for its bulldozer products [61]. Risk Management - The company has implemented risk control measures, including customer credit investigations and asset collateral management, to mitigate risks associated with overdue payments [49]. - The company has not experienced any repurchase or guarantee payment incidents during the reporting period, indicating a manageable risk profile [49]. - The company has established strict management measures for agents to control potential repurchase risks, including pre-approval, process monitoring, and loss compensation measures [52]. - The company requires agents to sign cooperation agreements with banks or leasing companies, ensuring comprehensive credit management and collateral policies are in place [53]. - The company has established a sound organizational structure with independent operation of the board of directors and supervisory board [146]. Corporate Governance - The company emphasizes the importance of accurate and complete financial reporting, with all board members present for the meeting to review the annual report [6]. - The company has established a complete governance structure in compliance with relevant laws and regulations, ensuring no significant discrepancies with the guidelines set by the China Securities Regulatory Commission [145]. - The company operates independently in terms of assets, personnel, finance, and business, with a fully independent production system and financial management [146]. - The company has a diverse executive team, with a mix of genders and ages, contributing to its governance structure [156]. - The company is committed to maintaining transparency in its executive compensation and shareholding structure [156]. Future Outlook - The company anticipates challenges in 2022 due to uncertainties from the COVID-19 pandemic and real estate market regulations [122]. - The company is focused on expanding its sales network and developing new products to increase regional sales [126]. - The company's 2022 revenue target is set at CNY 10.297 billion, with overseas revenue expected to reach CNY 3.010 billion [130]. - The company aims to enhance its marketing strategies to increase market share in domestic segments and expand overseas channels, focusing on key markets and strategic areas [130]. - The company is preparing for the implementation of the National IV standards for non-road mobile machinery, which will require a transition from National III equipment [136].

证券代码：000680 证券简称：山推股份 公告编号：2021—068 山推工程机械股份有限公司 关于参加山东辖区上市公司 2021 年度 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强山推工程机械股份有限公司（以下简称"公司"）与投资者尤其是中 小投资者的沟通交流，提升公司投资者关系管理水平，保护投资者利益，公司将参加由 山东证监局、山东上市公司协会联合举办的"山东辖区上市公司2021年度投资者网上集 体接待日活动"，现将有关事项公告如下： 1、活动时间：2021年11月16日（星期二）下午14:00—16:00； 2、参与方式：本次投资者网上集体接待日活动将在深圳市全景网络有限公司提供 的网上 平台 采取网 络远 程方 式举行 ，投 资者 可以登 录" 全景 ·路演 天下" （http://rs.p5w.net）参与本次投资者网上集体接待日活动。 出席本次投资者网上集体接待日活动的公司人员有：董事、副总经理、财务总监 吴建义先生，董事会秘书袁青女士，证券事务代表秦晓莉女士。 欢迎广大投资者积极参与。 特此公告。 ...

Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,842,726,772.19, representing a year-on-year increase of 22.46%[4] - Net profit attributable to shareholders for the same period was ¥23,048,691.41, a significant increase of 159.74% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥15,231,739.50, up 540.50% year-on-year[4] - The basic earnings per share for Q3 2021 was ¥0.0153, an increase of 112.50% year-on-year[4] - Total operating revenue for the period reached ¥7,246,759,875.36, a significant increase of 39.4% compared to ¥5,197,987,911.12 in the previous period[49] - Operating profit for the period was ¥186,459,764.31, up 137.5% from ¥78,446,896.44 in the prior period[49] - Net profit attributable to the parent company was ¥176,787,277.47, representing a 141.4% increase from ¥73,306,821.16 in the same period last year[52] - The company achieved a basic earnings per share of ¥0.1253, compared to ¥0.0591 in the previous period, marking a 112.5% increase[52] - The company reported a total comprehensive income of ¥180,677,981.92, compared to ¥61,877,241.17 in the previous period, indicating strong overall performance[52] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,421,345,338.38, reflecting a 7.41% increase from the end of the previous year[4] - The company's total liabilities decreased to RMB 5,728,729,128.19 from RMB 5,879,873,448.63, showing a reduction of approximately 2.6%[45] - The equity attributable to shareholders increased by 24.62% to ¥4,373,387,065.86 compared to the end of the previous year[4] - The company's total liabilities and equity at the end of the period amounted to ¥10,421,345,338.38, compared to ¥9,702,686,556.11 at the beginning of the period[49] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥664,069,593.93, showing a 32.99% increase compared to the same period last year[4] - Cash inflow from operating activities totaled ¥5,697,142,708.47, an increase of 38.6% from ¥4,110,266,206.84 in the prior period[55] - The company's cash and cash equivalents increased to RMB 2,433,719,767.68 from RMB 1,915,913,628.99 at the beginning of the period, representing a growth of approximately 27%[39] - The net increase in cash and cash equivalents was $355.57 million, up from $214.79 million in the previous period, representing an increase of about 65.5%[58] - The ending balance of cash and cash equivalents reached $1.67 billion, compared to $1.30 billion in the previous period, reflecting a growth of approximately 28.4%[58] Shareholder Information - The total number of common shareholders at the end of the reporting period is 89,272, with Shandong Heavy Industry Group Co., Ltd. holding 24.26% of shares, equating to 364,399,684 shares[16] - Weichai Power Co., Ltd. holds 15.76% of shares, amounting to 236,705,601 shares, and is also a controlled company by Shandong Heavy Industry Group[19] - The top ten shareholders include foreign entities such as Morgan Stanley & Co. International PLC and Credit Suisse (Hong Kong) Limited, holding 0.34% and 0.32% of shares respectively[16] - The company has a total of 183,787,285 restricted shares held by Shandong Heavy Industry Group Co., Ltd.[16] Investment and Financing - The company raised a total of RMB 681,712,130.88 through a non-public offering of 236,705,601 shares at a price of RMB 2.88 per share[34] - As of September 30, 2021, the company has invested RMB 248,251,611.33 from the raised funds into investment projects[35] - The company has a remaining balance of RMB 434,596,802.32 in the fundraising account, including interest income and fees[37] - The company reported a total of $4,500 million in derivative investments, with a net position of $2,580 million[30] - The company’s derivative investments are primarily funded by its own capital[30] Research and Development - Research and development expenses increased by 42.45% year-on-year, indicating a focus on enhancing product development[12] - Research and development expenses increased to ¥251,170,344.71, up 42.4% from ¥176,316,948.26 in the prior period, indicating a focus on innovation[49] Risk Management - The company has implemented risk management strategies for its derivative investments, including stop-loss limits and hedging measures[30] - The company’s independent directors have provided opinions on the investment and risk control of derivatives, ensuring compliance with regulations[30] Other Financial Information - The company did not require adjustments to the beginning balance sheet items under the new leasing standards, as its leasing business does not involve retrospective adjustments[58] - The third quarter report was not audited, which may affect the reliability of the financial data presented[59]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 5,404,033,103.17, representing a 46.32% increase compared to CNY 3,693,279,624.21 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was CNY 153,738,586.06, a significant increase of 138.60% from CNY 64,433,001.63 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 171,911,499.29, up 260.91% from CNY 47,632,817.93 year-on-year[21]. - The net cash flow from operating activities was CNY 635,870,732.65, an increase of 126.19% compared to CNY 281,126,178.84 in the same period last year[21]. - The basic earnings per share for the first half of 2021 was CNY 0.1128, reflecting a 117.34% increase from CNY 0.0519 in the previous year[21]. - The total assets at the end of the reporting period were CNY 10,765,438,405.15, a 10.95% increase from CNY 9,702,686,556.11 at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were CNY 4,349,482,298.32, up 23.94% from CNY 3,509,467,523.25 at the end of the previous year[21]. - The weighted average return on equity for the first half of 2021 was 3.91%, an increase of 2.03 percentage points compared to 1.88% in the previous year[21]. - The main business revenue accounted for ¥4,569,602,718.70, which is 84.56% of total operating revenue, showing a 37.70% increase compared to the previous year[67]. - The company's gross profit margin for main business revenue decreased by 0.60 percentage points to 13.55%[67]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of CNY 0.10 per 10 shares (before tax) to all shareholders, pending approval at the shareholders' meeting[7]. - The company reported a cash dividend of 15,018,532.12 yuan, representing 100% of the total distributable profit of 1,832,017,585.68 yuan[106][107]. - The company’s cash dividend distribution plan includes a payout of 0.10 yuan per 10 shares, with no stock bonus[99][111]. - After the completion of the restricted stock grant, the total share capital increased from 1,240,787,611 shares to 1,266,057,611 shares, with the controlling shareholder's ownership percentage decreasing from 29.37% to 28.78%[117]. - The total number of ordinary shareholders at the end of the reporting period was 98,038[172]. - Shandong Heavy Industry Group holds 24.25% of the shares, amounting to 364,399,684 shares[172]. - Weichai Power Co., Ltd. became a top 10 shareholder by acquiring 236,705,601 shares through a private placement, with a lock-up period of 36 months[174]. - The number of shares held by Weichai Power Co., Ltd. represents 15.75% of the total shares[177]. - The largest unrestricted ordinary shareholder is Shandong Heavy Industry Group, holding 180,612,399 shares[178]. Business Operations and Strategy - The company continues to focus on digitalization, smart technology, and industrial internet applications to enhance its competitive edge[31]. - The company has established a comprehensive sales model that includes agency distribution and financing options to improve market competitiveness[35]. - The company is actively pursuing the development of new energy products, including the LE56-X2 pure electric loader, which has completed design and prototype testing[55]. - The company has implemented cost reduction measures and improved product quality through supply chain optimization and smart manufacturing initiatives[61]. - The company is enhancing its competitive edge by focusing on technological breakthroughs, including the commercialization of a 5G remote-controlled bulldozer[61]. - The company has established a comprehensive corporate culture management system, emphasizing customer satisfaction and innovation[56]. - The company plans to continue leveraging market opportunities to enhance product sales and expand its market presence[70]. - The company is expanding its financing leasing business in collaboration with Shandong Heavy Industry Group, indicating growth in its service offerings[155]. Risk Management - The company faces risks related to macroeconomic policy adjustments, exchange rate fluctuations, and rising raw material prices, with strategies in place to mitigate these risks[92][93]. - The company has established a comprehensive risk control system to manage potential repurchase risks associated with financial sales[46]. - The company has implemented risk management strategies for its derivative investments, including setting stop-loss limits and reverse hedging[83]. - The company has implemented measures to stabilize the supply chain and ensure timely order delivery amid potential risks[92]. Environmental Responsibility - The company has invested over 25 million CNY in environmental protection facility upgrades in the past two years, with an additional investment of over 16 million CNY planned for 2021[124]. - The company’s pollution discharge indicators are significantly below national and local environmental standards, with no environmental violations reported[125]. - The company has established an emergency response plan for environmental incidents, which has been filed with government environmental departments[125]. - The company strictly implements self-monitoring management requirements for the "Pollutant Discharge Permit," with all types of pollutant emissions monitored by qualified units, and results submitted to government environmental protection departments for record-keeping[128]. - The company has maintained effective operation and continuous improvement of the ISO14001 environmental management system during the reporting period[129]. - No administrative penalties were incurred due to environmental issues during the reporting period[129]. Research and Development - Research and development investment rose by 35.20% to ¥154,535,216.29, reflecting the company's commitment to enhancing R&D in line with market demand[65]. - The company completed the internal verification of the world's first pure electric bulldozer, SD17E-X, and is advancing the market introduction of C3 platform products[53]. - The company has made significant progress in the development of high-value-added products, with a focus on innovative marketing models and regional sales policies[60]. - The company received funding from the Shandong Provincial Key R&D Program for major technological innovation projects, highlighting its commitment to R&D[155]. Related Party Transactions - The company reported a total of 118,996.38 million CNY in related party transactions during the reporting period, with an approved transaction amount of 307,000 million CNY[143]. - The company engaged in procurement transactions with Weichai Power Co., Ltd. amounting to 15,055.86 million CNY, representing 3.20% of similar transactions[140]. - The company has a maximum daily deposit limit of 250,000 million CNY with Shandong Heavy Industry Group Finance Co., Ltd., with a year-end balance of 117,607.64 million CNY[146]. - The company has a loan balance of 49,800 million CNY with Shandong Heavy Industry Group Finance Co., Ltd. as of the announcement date[146]. - The company reported actual related party procurement transactions of 72,872.72 million CNY against an estimated amount of 211,000 million CNY for the year[143]. Corporate Governance - The company held its annual shareholder meeting on April 29, 2021, to discuss performance and future strategies[148]. - The company’s stock incentive plan was approved by the board and shareholders in late 2020, with regulatory approval received in March 2021[167]. - The board of directors approved the financial report on August 30, 2021[197]. - The half-year financial report has not been audited[135]. - The company has not engaged in any leasing or contracting activities during the reporting period, maintaining a focus on its primary business operations[151].