Revenue Performance - Total operating revenue for 2024 was CNY 3,701,807,366.10, a decrease of 3.91% compared to CNY 3,852,339,560.06 in the previous year[3] - The decline in operating revenue was primarily due to adjustments in the photovoltaic industry during the reporting period[4] Profitability - Net profit attributable to shareholders increased by 2.25% to CNY 884,474,643.20 from CNY 865,028,182.89 year-on-year[3] - The increase in net profit was attributed to effective budget management and cost reduction strategies[5] - The net profit after deducting non-recurring gains and losses was CNY 842,317,401.93, a slight increase of 0.27% from CNY 840,084,319.46[3] Earnings Per Share - Basic earnings per share rose to CNY 1.6541, reflecting a 2.25% increase from CNY 1.6177 in the previous year[3] Assets and Equity - Total assets decreased by 8.43% to CNY 6,029,832,708.66 from CNY 6,585,239,110.71 at the beginning of the period[3] - Shareholders' equity attributable to the company increased by 14.49% to CNY 4,243,027,216.74 from CNY 3,706,157,464.26[3] - The company's net asset per share rose to CNY 7.93, marking a 14.43% increase from CNY 6.93[3] Return on Assets - The weighted average return on net assets decreased to 22.29%, down 3.52% from 25.81% in the previous year[3]

Group 1: Financial Overview - In the first three quarters of 2024, the company reported a revenue of 2.857 billion CNY, a year-on-year decrease of 1.71% [2] - The net profit attributable to shareholders for the same period was 721 million CNY, reflecting a year-on-year increase of 6.11% [2] Group 2: Product Segmentation - The company's main business is divided into two segments: compressors and vacuum pumps [2] - Within the compressor segment, products are categorized into refrigeration and air compression [2] Group 3: Refrigeration Products - Refrigeration products include commercial central air conditioning compressors, frozen and refrigerated compressors, and heat pump compressors [2] - Heat pump products are growing rapidly but currently have a low base, with future growth expected due to carbon neutrality policies and new product launches [2] Group 4: Air Compression Products - Air compressors are primarily used in various industries such as pharmaceuticals, chemicals, electronics, and mining [2] - The company is focusing on promoting high-end applications of oil-free compressors, which have higher added value compared to oil-lubricated compressors [2] - Hydrogen fuel cell compressors are currently in the research and validation stage and have not yet entered mass production [2] Group 5: Vacuum Products - Vacuum products are mainly used in the photovoltaic and semiconductor industries, particularly in crystal pulling and battery cell processes [2] - The demand for vacuum pumps in the photovoltaic sector is under pressure due to industry conditions [2] - Semiconductor vacuum pumps are still undergoing testing, focusing on semi-critical and critical processes [2] Group 6: Disclosure Compliance - During the investor relations activity, the company did not disclose any undisclosed significant information [3]

Group 1: Financial Overview - In the first three quarters of 2024, the company reported a revenue of 2.857 billion CNY, a year-on-year decrease of 1.71% [2] - The net profit attributable to shareholders for the same period was 721 million CNY, reflecting a year-on-year increase of 6.11% [2] Group 2: Product Segmentation Refrigeration Products - The refrigeration segment includes commercial central air conditioning compressors, frozen and refrigerated compressors, and heat pump compressors [2] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [2] - Heat pump products are growing rapidly but currently have a low base; they are expected to expand with the implementation of carbon reduction policies [2] Air Compression Products - Air compressors are mainly used in engineering machinery and have applications across various industries, including pharmaceuticals, chemicals, and mining [3] - The company is focusing on promoting high-end applications of oil-free air compressors, which have higher added value compared to traditional oil-lubricated models [3] Vacuum Products - Vacuum products are primarily utilized in the photovoltaic and semiconductor industries, with significant applications in crystal pulling and battery cell processes [3] - The photovoltaic sector is currently facing pressure, particularly in the crystal pulling segment, while the battery cell segment is performing relatively better [3]

Group 1: Financial Overview - In the first three quarters of 2024, the company reported a revenue of 2.857 billion yuan, a year-on-year decrease of 1.71% [3] - The net profit attributable to shareholders was 721 million yuan, reflecting a year-on-year increase of 6.11% [3] Group 2: Product Segmentation Refrigeration Products - The refrigeration segment includes commercial central air conditioning compressors, frozen refrigeration compressors, and heat pump compressors [3] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [3] - Heat pump products are growing rapidly but currently have a low base impact; future growth is expected with the advancement of carbon policies and new product launches [3] Air Compression Products - Air compressors are widely used in industries such as pharmaceuticals, chemicals, electronics, and mining [3] - The company is focusing on promoting high-end applications of oil-free air compressors, which have higher added value compared to traditional oil-lubricated compressors [3] Vacuum Products - Vacuum products are mainly utilized in the photovoltaic and semiconductor industries, particularly in crystal pulling and battery cell processes [4] - The photovoltaic sector is currently under pressure, especially in crystal pulling, while the battery cell segment is performing relatively better [4]

Group 1: Financial Performance - In the first three quarters of 2024, the company reported a revenue of 2.857 billion CNY, a year-on-year decrease of 1.71% [3] - The net profit attributable to shareholders for the same period was 721 million CNY, reflecting a year-on-year increase of 6.11% [3] Group 2: Product Overview - The company's main business is divided into two segments: compressors and vacuum pumps [3] - Compressor products are further categorized into refrigeration and air compression products [3] Subgroup: Refrigeration Products - Refrigeration products include commercial central air conditioning compressors, frozen and refrigerated compressors, and heat pump compressors [3] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [3] - Heat pump products are growing rapidly but currently have a low base, with future growth expected due to carbon policies and new product launches [3] Subgroup: Air Compression Products - Air compressors are mainly used in industries such as pharmaceuticals, chemicals, electronics, and mining [3] - The company is focusing on promoting high-end applications of oil-free compressors, which have higher added value compared to traditional oil-lubricated compressors [3] Subgroup: Vacuum Products - Vacuum products are primarily used in the photovoltaic and semiconductor industries, with significant applications in crystal pulling and battery cell processes [4] - The photovoltaic sector is currently under pressure, particularly in crystal pulling, while the battery cell segment is performing relatively better [4]

Group 1: Financial Performance - In the first three quarters of 2024, the company's revenue was 2.857 billion yuan, a year-on-year decrease of 1.71% [2] - The net profit attributable to shareholders was 721 million yuan, reflecting a year-on-year increase of 6.11% [2] Group 2: Product Overview - The company’s main business is divided into two segments: compressors and vacuum pumps [2] - Compressor products are further categorized into refrigeration and air compression products [2] Subgroup: Refrigeration Products - Refrigeration products include commercial central air conditioning compressors, refrigeration compressors, and heat pump compressors [2] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [2] - Heat pump products are mainly focused on domestic industrial and commercial markets, with potential growth driven by carbon reduction policies [2] Subgroup: Air Compression Products - Air compressors are widely used in industries such as pharmaceuticals, chemicals, electronics, and mining [2] - The company is focusing on promoting high-end applications of oil-free air compressors, which have higher added value compared to traditional oil-lubricated models [2] Subgroup: Vacuum Products - Vacuum products are primarily used in the photovoltaic and semiconductor industries, with significant applications in crystal pulling and battery cell processes [4]

Group 1: Company Overview - The company reported a revenue of 2.857 billion CNY for the first three quarters of 2024, a year-on-year decrease of 1.71% [2] - The net profit attributable to shareholders for the same period was 721 million CNY, reflecting a year-on-year increase of 6.11% [2] Group 2: Product Segments Refrigeration Products - The refrigeration segment includes commercial central air conditioning compressors, frozen refrigeration compressors, and heat pump compressors [2] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [2] - Frozen refrigeration compressors are widely applied in agricultural product preservation, seafood freezing, and food freezing tunnels [2] - Heat pump compressors are mainly utilized in large-scale projects such as residential heating and industrial boiler replacements, with a focus on the domestic industrial and commercial markets [2] Air Compression Products - The air compressor products are mainly used in industries such as engineering machinery, pharmaceuticals, chemicals, electronics, and mining [2] - The company is focusing on promoting high-end applications of oil-free air compressors, which have higher added value compared to traditional oil-lubricated compressors [2] Vacuum Products - The vacuum products are primarily used in the photovoltaic and semiconductor industries, with significant applications in crystal pulling and battery cell processes [3] - The photovoltaic sector is currently under pressure, particularly in the crystal pulling segment, while the battery cell segment is performing relatively better [3] - Semiconductor vacuum pumps are undergoing testing, focusing on semi-critical and critical processes [3] Group 3: Financial and Market Insights - The company experienced some foreign exchange gains in the first three quarters, but full-year projections remain uncertain [3] - Capital expenditures will be adjusted based on market demand conditions [3] Group 4: Investor Relations Activity - The investor relations activity included a strategy meeting with participation from various investment firms [2] - No undisclosed significant information was revealed during the activity [3]

Group 1: Financial Overview - In the first three quarters of 2024, the company reported a revenue of 2.857 billion yuan, a year-on-year decrease of 1.71% [2] - The net profit attributable to shareholders for the same period was 721 million yuan, reflecting a year-on-year increase of 6.11% [2] Group 2: Product Segments Refrigeration Products - The refrigeration segment includes commercial central air conditioning compressors, frozen refrigeration compressors, and heat pump compressors [2] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [2] - Heat pump products are mainly utilized in domestic industrial and commercial markets, with growth potential driven by carbon reduction policies [2] Air Compression Products - The air compressor products are widely used in industries such as pharmaceuticals, chemicals, electronics, and mining [2] - The company is focusing on promoting high-end applications of oil-free compressors, which have higher added value compared to traditional oil-lubricated compressors [2] Vacuum Products - The vacuum products are primarily used in the photovoltaic and semiconductor industries, with significant applications in crystal pulling and battery cell processes [3] - The photovoltaic sector is currently facing pressure, particularly in the crystal pulling segment, while the battery cell segment is performing relatively better [3] Group 3: Future Outlook - The company anticipates that the heat pump products will become a key growth area, especially with the introduction of new products like steam heat pumps [2] - Capital expenditures will be adjusted based on market demand conditions [3]

Group 1: Financial Overview - In the first three quarters of 2024, the company reported revenue of 2.857 billion CNY, a year-on-year decrease of 1.71% [2] - The net profit attributable to shareholders for the same period was 721 million CNY, reflecting a year-on-year increase of 6.11% [2] Group 2: Product Segmentation - The company's main business is divided into two major segments: compressors and vacuum pumps [2] - Within the compressor segment, products are further categorized into refrigeration and air compression [2] Group 3: Refrigeration Products - Refrigeration products include commercial central air conditioning compressors, frozen and refrigerated compressors, and heat pump compressors [2] - Commercial central air conditioning compressors are primarily used in supermarkets, energy-efficient buildings, and infrastructure projects [2] - Heat pump products are mainly utilized in domestic heating and industrial boiler replacement projects, with a focus on the domestic industrial and commercial market [2] Group 4: Air Compression Products - Air compressors are primarily used in engineering machinery and have a wide range of downstream applications, including pharmaceuticals, chemicals, electronics, and mining [3] - The company is focusing on promoting high-end applications of oil-free air compressors, which have higher added value compared to oil-lubricated models [3] Group 5: Vacuum Products - The company's vacuum products are mainly used in the photovoltaic and semiconductor industries, particularly in crystal pulling and battery cell processes [3] - The photovoltaic sector is currently facing pressure, especially in crystal pulling, while the battery cell segment is performing relatively better [3] Group 6: Other Considerations - There were some foreign exchange gains in the first three quarters, but the full-year impact is currently unpredictable [3] - Capital expenditures will be adjusted based on market demand [3]

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 关于上海汉钟精机股份有限公司 2024 年第一次临时股东会的 法律意见书 国枫律股字[2024]A0594 号 致：上海汉钟精机股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出 席并见证贵公司 2024 年第一次临时股东会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东大会规则》 （以下简称"《股东大会规则》"）、《律师事务所从事证券法律业务管理办法》 （以下简称"《证券法律业务管理办法》"）、《律师事务所证券法律业务执业 规则（试行）》（以下简称"《证券法律业务执业规则》"）等相关法律、行政 法规、规章、规范性文件及《上海汉钟精机股份有限公司章程》（以下简称"《公 司章程》"）的规定，就本次会议的召集与召开程序、召集人资格、出席会议人 员资格、会议表决程序及表决结果等事宜，出具本法律意见书。 对本 ...