Group 1 - The 2025 Changsha International Construction Machinery Main Engine Supporting Global Procurement Signing Conference was held in Changsha, attracting over 100 companies from the construction machinery supply chain, resulting in annual procurement agreements exceeding 13 billion yuan [1] - The conference, themed "Smart Chain Global · Co-creation of New Quality," aims to integrate international resources and promote "Chinese Intelligent Manufacturing" technology standards and service models globally [1] - The Changsha construction machinery cluster is the third largest in the world, with a total industrial output value exceeding 200 billion yuan, and products exported to 180 countries and regions [1] Group 2 - Hunan Province's construction machinery exports are projected to exceed 30 billion yuan for the first time in 2024, reaching 31.63 billion yuan [1] - Hunan's construction machinery products cover 12 major categories and over 100 subcategories, accounting for approximately 70% of the national construction machinery types, forming a significant industrial cluster valued in the hundreds of billions [1] - At the conference, several companies, including Qianjiang Group and Runtian Zhike, showcased advancements in eco-friendly processes and smart construction solutions, highlighting China's leading position in high-end equipment [2]

Core Insights - The fourth Changsha International Construction Machinery Exhibition gathered 1,806 companies globally, showcasing the latest technologies and products in the construction machinery sector [1] - Changsha Economic Development Zone led the exhibition with over 100 participating companies and a total exhibition area of 23,000 square meters, the largest among all parks and districts in the province [1] Group 1: Major Exhibitors and Products - Zoomlion displayed the world's largest 4,000-ton all-terrain crane and a range of other industry-leading products, with a total exhibition area of nearly 9,000 square meters, marking the largest scale and product quantity in the company's history [3][4] - CRRC showcased advanced tunneling equipment, including the domestically developed largest diameter shield machine "Jianghai" and the first domestic 16-meter ultra-large diameter shield machine "Jinghua" [4] - SANY introduced the E-MOVE, the world's first fully electric unmanned excavator, which features a 78% reduction in energy loss due to complete electrification [5][6] Group 2: Innovations and Technological Advancements - SANY's A7 intelligent handling robot combines smart driving and manual control, capable of operating in both indoor and outdoor environments, addressing traditional AGV limitations [6] - The new 34-meter electric boom lift SWT34JE-P from another exhibitor supports collaborative construction with a maximum load capacity of 454 kg and improves operational efficiency by 30% [7] - Shanhe Intelligent presented over 20 new energy products, with nearly 50% of its offerings being electric equipment, showcasing advancements in intelligent emergency rescue equipment [6][8] Group 3: Small and Medium Enterprises - The exhibition provided a platform for small and medium enterprises to showcase their innovations, such as Hunan Blue Ocean Intelligent Equipment Co., which signed contracts worth nearly 30 million yuan during the event [8][10] - Changsha Maixin Electronic Technology Co. introduced a new intelligent remote controller with real-time video transmission capabilities, enhancing remote operation precision [9] - Changsha Tuoo Technology Co. presented a series of smart control systems, including an AI intelligent control system for aerial work platforms, attracting numerous potential clients [9][10] Group 4: Future Prospects - The Changsha Economic Development Zone aims to continue optimizing the business environment and strengthening technological support to help local enterprises expand internationally, contributing to the development of a globally influential advanced manufacturing hub [10]

Group 1 - Guangdong Shanhe Intelligent Tunnel Machinery Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The company is wholly owned by Guangzhou Shanhe Intelligent Machinery Co., Ltd. [1] - The business scope includes manufacturing and sales of tunnel construction specialized machinery, general equipment repair, and manufacturing [1]

Strategic Goals and Implementation - The company aims to accelerate the development of growth industries and strategic emerging businesses while stabilizing its traditional main business during the "14th Five-Year Plan" period [1][2] - The strategic goals include forming a batch of key core technologies and competitive new industries, driving high-quality development towards internationalization, intelligence, greening, and high-end manufacturing [2] Financial Health and Risk Management - The company's asset-liability ratio is expected to improve in 2024 compared to 2023, with healthy cash flow supporting daily operations [2][8] - Strategies for financial management include reducing two types of capital to increase operational cash flow and maintaining good relationships with banks to expand financing channels [2][8] Market Expansion and Performance - In 2024, overseas revenue is projected to account for 61.98% of total revenue, indicating a strong international market presence [7] - The company is actively expanding into emerging markets such as South America and Africa to mitigate risks from external trade tensions [3][14] Innovation and R&D Achievements - In 2024, the company filed 233 patent applications, with 89 being inventions, showcasing a strong commitment to innovation [10] - Significant R&D outcomes include the development of new products and technologies, such as a hybrid rotary drilling rig that saves over 15% in fuel [9][10] Cost Control and Efficiency Improvement - The company implements a "Five Reductions" strategy (reducing risks, receivables, inventory, investment, and costs) to enhance operational efficiency [7][10] - Future plans include further improvements in cost control and operational efficiency to boost profitability [10] Corporate Governance and Market Management - The company is considering measures for market value management, although specific actions have not yet been disclosed [4][12] - The management emphasizes the importance of intellectual property protection and will take legal measures against any infringement [12]

Core Viewpoint - The 2025 Changsha International Construction Machinery Exhibition is set to showcase advancements in high-end, intelligent, and green construction machinery, featuring 1,650 global companies and 35 of the world's top 50 construction machinery brands, highlighting Changsha's significance as a major hub in the industry [1][5]. Group 1: Exhibition Highlights - The exhibition will focus on new-generation construction machinery, emergency equipment, mining machinery, agricultural machinery, and transportation equipment [1]. - Leading companies such as Zoomlion, SANY, and others will present their latest innovations, with Zoomlion showcasing over 100 pieces of equipment, including the ZE1350G mining excavator designed for large open-pit coal mines [3][4]. - SANY will feature 72 pieces of equipment, with 40% being electric products, while other companies like Sunward Intelligent Equipment will present nearly 60 advanced, intelligent, and green products, including over 20 new energy products [4][6]. Group 2: Industry Development - Changsha's construction machinery industry has evolved over more than 60 years, becoming a national advanced manufacturing cluster and one of the world's top three construction machinery hubs [5][6]. - The industry comprises 516 upstream and downstream enterprises, covering 85% of the national construction machinery product varieties, with a focus on collaborative development among manufacturers and suppliers [5][6]. - Changsha has established 25 national-level innovation platforms, fostering significant advancements in key components such as electric drive bridges and hydraulic pumps [6][7]. Group 3: Policy and Collaboration - Recent policies have been implemented to support the high-end, intelligent, and green transformation of the construction machinery industry, including the first national legislation in this field [7][8]. - Collaborative efforts between Changsha and other regions, such as Jiangsu and the Chang-Zhu-Tan area, aim to enhance cross-regional cooperation and resource sharing, promoting a more integrated industrial development [8].

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 重要内容提示： ● 会议召开时间：2025年5月15日(星期四)15:00-17:00 ● 会议问题征集：投资者可于2025年5月14日(星期三)24:00 前访问网址 https://eseb.cn/1nRJDXcLzdC或使 用微信扫描下方小程序码进行会前提问，也可以将需要了解的情况和关注的问题预先通过电子邮件的方 式发送至公司邮箱 ir@sunward.com.cn，公司将通过本次业绩说明会，在信息披露允许范围内就投资者 普遍关注的问题进行回答。 一、 说明会类型 山河智能装备股份有限公司（以下简称"公司"）于2025年4月26日披露公司2024年年度报告，为便于广 大投资者更全面深入地了解公司经营情况，公司定于2025年5月15日(星期四)15:00-17:00在"价值在 线"（www.ir-online.cn）举办山河智能装备股份有限公司2024年年度业绩说明会，与投资者进行沟通和 交流，广泛听取投资者的意见和建议。 四、投资者参加方式 董事长：付向东 ...

证券代码：002097 证券简称：山河智能 公告编号：2025-026 山河智能装备股份有限公司 关于召开 2024 年度业绩说明会暨相关问题征集的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示： 一、 说明会类型 山河智能装备股份有限公司（以下简称"公司"）于 2025 年 4 月 26 日披露公司 2024 年年 度报告，为便于广大投资者更全面深入地了解公司经营情况，公司定于 2025 年 5 月 15 日(星期 四)15:00-17:00 在"价值在线"（www.ir-online.cn）举办山河智能装备股份有限公司 2024 年年度业绩说明会，与投资者进行沟通和交流，广泛听取投资者的意见和建议。 董事长：付向东 董事、总经理：夏志宏 董事、副总经理、财务总监：黄仲波 董事会秘书：王剑 独立董事：吴能全、石水平、毕亚林、许长龙 二、说明会召开的时间和方式 会议召开时间：2025 年 5 月 15 日(星期四)15:00-17:00 会议召开方式：网络文字互动 会议召开地点：价值在线（www.ir-online.cn） 会 议 问 题 ...

Core Insights - The company reported a slight revenue decline of 1.53% to 7.119 billion yuan, while net profit surged by 46.03% to 72.996 million yuan, indicating a complex market environment and challenges faced during operations [1] Revenue and Business Structure - The engineering machinery segment, the core business, generated revenue of 5.792 billion yuan, down 4.73%, accounting for 81.37% of total revenue, reflecting the overall downturn in the domestic engineering machinery industry [2] - The aviation segment performed well, achieving revenue of 1.014 billion yuan, up 11.18%, representing 14.24% of total revenue, driven by the recovery in global aviation market asset values [2] - Revenue from engineering construction and other businesses was 313 million yuan, up 31.50%, making up 4.39% of total revenue, likely due to market expansion or project advancements [2] Regional Performance - Domestic market revenue was 2.706 billion yuan, down 13.34%, highlighting intense competition and industry pressure [3] - International market revenue reached 4.413 billion yuan, up 7.45%, accounting for approximately 61.98% of total revenue, supported by the establishment of subsidiaries in Australia, Dubai, and Brazil [3] - Sales in the Asia-Pacific and African markets increased significantly, with growth rates of 159% and 97% respectively, while overseas revenue from high-end and piling products rose by 42% and 20% [3] Net Profit and Non-Recurring Gains - The significant net profit growth of 46.03% was largely attributed to non-recurring gains, with a net profit of -118 million yuan after excluding these items, showing improvement from -126 million yuan year-on-year [4] - Non-recurring gains totaled 191 million yuan, primarily from the disposal of non-current assets and government subsidies, indicating strong policy support for the company [4] Expenses and R&D Investment - Total sales expenses increased to 601 million yuan, up 8.80%, while management expenses rose by 10.96% to 616 million yuan, and financial expenses grew by 9.41% to 385 million yuan, reflecting pressures in market expansion and internal management [5] - R&D expenses decreased to 250 million yuan, down 10.75%, but the company maintained a strong focus on innovation with nearly 900 dedicated R&D personnel [6] Cash Flow Analysis - Operating cash flow turned positive at 642 million yuan, a significant improvement from -520 million yuan, primarily due to effective inventory procurement control [8] - Investment cash flow net outflow increased to -422 million yuan, indicating heightened investment in the aviation sector, which may pressure liquidity in the short term [9] - Financing cash flow net outflow was -371 million yuan, down 161.01%, as the company repaid bank loans, reflecting efforts to optimize debt structure [10] Industry Risks and Opportunities - The engineering machinery industry faces risks from cyclical fluctuations and intense competition, with potential impacts from macroeconomic policies and fixed asset investment trends [11] - Technological upgrades are crucial for the company to navigate challenges, with a need for accelerated innovation in response to growing demand for new energy and smart equipment [12]

2024年，山河智能坚持技术创新与进步，持续增强公司核心竞争力，全年共申请专利233件，其中发明 89件；获得授权专利177件，其中发明56件，计算机软件著作权登记33件；牵头或参与制定外部标准12 项。山河智能还在技术路线的选择上加强了前瞻性，团队积极研究新兴领域技术，包括智能化、绿色 化、数字化转型等，以便在未来的市场中占据先机，数字孪生、卷扬势能回收再利用、露天矿山低速无 人驾驶等前沿技术攻关获得突破。 得益于技术创新的助力，山河智能持续推出符合国内外高端市场需求的新产品。2024年全年，山河智能 开展新产品项目、前瞻性项目、配套件开发项目共111项，有37款样机成功下线，21款产品达到量产状 态、8项基础技术研究项目结项。山河智能还为国际客户定制开发了多功能旋挖等产品，满足国际客户 在重量、运输、多功能、安全等方面要求。其中，山河智能推出了客户定制交流驱动剪叉、柴电两用履 带式颚式破碎站、适应高温及高强度工况的架式潜孔钻机等，上述新产品均获得客户好评。 4月25日晚间，山河智能（002097）装备股份有限公司(以下简称"山河智能")发布2024年年度报告及 2025年一季报。其中，2024年，公司实现 ...

山河智能装备股份有限公司 独立董事2024年度述职报告 (许长龙) 各位股东及股东代表： 作为山河智能装备股份有限公司（以下简称"山河智能"或"公司"）的独 立董事，2024年度本人严格按照《公司法》《证券法》等法律法规以及《公司章 程》《独立董事工作制度》等公司规章制度开展工作，积极出席公司2024年度的 相关会议，认真审议董事会各项议案，并着重关注上市公司与控股股东、实际控 制人、董事、高级管理人员之间潜在重大利益冲突的事项，始终保持忠实、勤勉、 独立地履行职责，充分发挥独立董事的作用，切实维护了公司整体利益以及全体 股东特别是中小股东的合法权益。现将本人2024年度履职情况汇报如下： 一、本人基本情况 （一）个人情况 本人许长龙，民革省委委员，湖南大学MBA专业研究生毕业，注册会计师， 注册造价工程师。历任湖南永信资产评估有限公司总经理，湖南省永信司法鉴定 所所长，湖南永信工程项管理有限公司董事长，信永中和会计师事务所（特殊普 通合伙）合伙人，现任利安达会计师事务所（特殊普通合伙）湖南分所执行所长 及中博信工程项目管理（北京)有限公司湖南分公司总经理，湖南华升股份有限 公司独立董事，湖南省机场管理集团有 ...