Core Viewpoint - The company announced its semi-annual distribution plan for 2025, proposing a cash dividend of 0.55 yuan per 10 shares, which represents a total cash payout of approximately 40.34 million yuan, accounting for 21.07% of its net profit [4]. Financial Performance - The company reported a revenue of 1.032 billion yuan for the first half of 2025, reflecting a year-on-year decline of 10.44%. However, net profit increased by 50.03% to 191 million yuan, with basic earnings per share at 0.2304 yuan [1]. Capital Flow - The stock experienced a net inflow of 58.31 million yuan in main funds today, while the net outflow over the past five days was 10.60 million yuan [2]. Margin Trading - The latest margin trading balance for the stock stands at 161 million yuan, with an increase of 26.20 million yuan over the past five days, marking a growth rate of 19.49% [3]. Industry Comparison - Among the 24 companies in the power equipment sector that announced their semi-annual distribution plans for 2025, the highest cash payout was from Ningde Times at 4.568 billion yuan, followed by Samsung Medical and Hengdian East Magnetic with payouts of 679 million yuan and 609 million yuan, respectively [3].

Core Viewpoint - The company reported a decline in revenue for the first half of 2025, while net profit showed significant growth compared to the previous year [1] Financial Performance - The company achieved operating revenue of 1.032 billion yuan, a year-on-year decrease of 10.44% [1] - The net profit attributable to shareholders was 191 million yuan, reflecting a year-on-year increase of 50.03% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 184 million yuan, up 56.29% year-on-year [1] - Basic earnings per share were 0.2304 yuan [1] Dividend Distribution - The company proposed a cash dividend of 0.55 yuan (including tax) for every 10 shares to all shareholders [1]

Core Viewpoint - The external guarantee management measures of Suzhou Hailu Heavy Industry Co., Ltd. aim to standardize external guarantee behavior, ensuring the protection of investors' legal rights and the safety of company assets [2] Group 1: Definition and Scope - External guarantees refer to the company providing guarantees, asset pledges, and other forms of security for third parties using its own assets or credit [2] - The measures apply to the company and its controlling subsidiaries, with controlling subsidiaries required to follow the same regulations [2] Group 2: Principles and Risk Control - The company must adhere to principles of legality, prudence, mutual benefit, and safety while strictly controlling guarantee risks [3] - External guarantees must require the counterparty to provide a counter-guarantee, ensuring the counterparty has the actual ability to bear the responsibility [3] Group 3: Approval Process - External guarantee matters must be approved by the board of directors or the shareholders' meeting, requiring a majority of directors and two-thirds of independent directors' consent [4] - The approval process includes a written application and due diligence report submitted by the functional department, which must be reviewed by the general manager before being presented to the board [4][5] Group 4: Disclosure Obligations - The company must disclose the total amount of external guarantees and any significant changes in the guarantee status in a timely manner [15][16] - If the guaranteed party fails to fulfill repayment obligations or faces bankruptcy, the company must disclose this information promptly [16] Group 5: Responsibilities and Penalties - The board of directors is responsible for monitoring guarantee activities and must take corrective actions in case of violations [12] - Individuals who fail to perform their duties in managing guarantees may face disciplinary actions, including warnings or dismissal [12][29]

Core Points - The company establishes a decision-making system for related party transactions to ensure fairness and legality in its dealings with related parties [2][3] - The internal control of related party transactions must adhere to principles of honesty, equality, voluntariness, fairness, openness, and impartiality [2][3] - The company must ensure that related party transactions do not harm the interests of the company and its shareholders, especially minority shareholders [3][4] Summary by Sections General Principles - The company formulates this system based on relevant laws and regulations, including the Company Law and the Listing Rules of the Shenzhen Stock Exchange [2] - Related party transactions must be priced fairly, with compliance in the review process and information disclosure [2][3] Identification of Related Parties and Transactions - Related parties include both legal entities and natural persons with specific relationships to the company [3][4] - The company must maintain a list of related parties and their relationships, updated regularly [4][5] Decision-Making Authority for Related Transactions - Shareholder meetings must review transactions exceeding 5% of net assets, while the board of directors reviews transactions over 300,000 yuan with related entities [6][7] - The general manager can approve transactions below 30,000 yuan or those that do not exceed specified thresholds [7][8] Financial Assistance and Guarantees - The company is prohibited from providing financial assistance to related parties unless specific conditions are met [7][8] - Guarantees for related parties require approval from non-related directors and must be disclosed to shareholders [8][9] Review and Disclosure of Related Transactions - The board of directors must conduct a thorough review of related transactions, considering necessity, reasonableness, and pricing [20][21] - Detailed disclosure of related transactions is required, including transaction amounts and pricing policies [36][37] Daily Related Transactions - Daily transactions must be estimated and disclosed, with specific procedures for significant changes or renewals [30][31] - The company must report on the execution of daily related transactions in its annual and semi-annual reports [31][32] Financial Services Agreements - Financial services agreements with related financial companies must be reviewed and disclosed, ensuring compliance with regulatory standards [23][24] - The company must conduct risk assessments and disclose any potential risks associated with these agreements [24][25] Joint Investments and Asset Transactions - Joint investments with related parties must be calculated based on the investment amounts and disclosed accordingly [29][30] - Asset purchases from related parties require shareholder approval if the transaction price exceeds certain thresholds [54][55] Compliance and Enforcement - The decision-making system is binding on the company, its board, and management, ensuring adherence to laws and regulations [62][63] - The system takes effect upon approval by the shareholder meeting, with the board responsible for its interpretation [65][66]

Core Points - The independent director system aims to enhance the corporate governance structure of Suzhou Hailu Heavy Industry Co., Ltd. and strengthen the supervision of the board and management to protect the rights of minority shareholders [2][3] - Independent directors are defined as those who do not hold any other positions in the company and have no direct or indirect interests that could affect their independent judgment [2][3] - Independent directors have a duty of loyalty and diligence to the company and all shareholders, and they must perform their responsibilities in accordance with laws, regulations, and the company's articles of association [3][4] Summary by Sections - **Independence Requirements**: Independent directors must maintain independence and not be influenced by major shareholders or related parties [3][4] - **Work Commitment**: Independent directors are required to work at least 15 days per year on-site and must attend board meetings to understand the company's operations [4][5] - **Composition of the Board**: The number of independent directors must be at least one-third of the total board members, including at least one accounting professional [4][5] - **Qualifications**: Independent directors must meet specific qualifications, including legal and financial knowledge, and have at least five years of relevant work experience [5][6] - **Nomination and Election**: Independent directors can be nominated by the board, audit committee, or shareholders holding more than 1% of the company's shares [7][8] - **Term Limits**: Independent directors serve the same term as other board members, with a maximum of six consecutive years [8][9] - **Duties and Powers**: Independent directors have special rights, including hiring external consultants and proposing meetings, to ensure they can fulfill their roles effectively [11][12] - **Committees**: The board has several committees, including audit, nomination, and compensation committees, with independent directors holding a majority in these committees [12][13] - **Reporting**: Independent directors must submit annual reports detailing their attendance and participation in board activities [18][20] - **Support and Compensation**: The company must provide necessary support for independent directors to perform their duties and may offer compensation, which must be disclosed [20][21] - **Amendments to the System**: The independent director system can be amended by the shareholders' meeting in accordance with changes in laws or company articles [22][23]

对外投资管理制度 苏州海陆重工股份有限公司 对外投资管理制度 第四条 公司对外投资应遵循的原则： 第五条 公司证券投资部负责组织编制对外投资的可行性研究报告，经总经 理初审后，上报董事会战略委员会，由董事会战略委员会对可行性研究报告进行 评估，审慎作出判断，决定是否可以提交董事会或者股东会审议。 第一章 总则 第一条 为了加强苏州海陆重工股份有限公司（以下简称"公司"）对外投资 管理，规范公司对外投资行为，防范对外投资风险，根据《中华人民共和国公司 法》 《深圳证券交易所股票上市规则》 《深圳证券交易所上市公司自律监管指引第 州海陆重工股份有限公司章程》（以下简称《公司章程》）《重大交易决策制度》 的有关规定，特制定本制度。 第二条 本制度所称对外投资是指公司为获取未来收益而将货币资金、实物 资产、无形资产等资产让渡给他人并获得其他资产的行为。 第六条 对外投资的可行性研究报告包括但不限于以下内容： 对外投资管理制度 第七条 对外投资的审批权限： 对外投资由公司总经理、董事会或者股东会审议批准。公司发生的对外投资 交易（本条简称"交易"）达到下列标准之一的，由董事会审议后批准并及时披露： （一）交易涉及的资产 ...

(一) 严格遵守国家有关法律法规和行业监管规章，自觉形成守法经营、规 范运作的经营思想和经营风格。 内部控制制度 苏州海陆重工股份有限公司 内部控制制度 第一章 总 则 第一条 为了促进苏州海陆重工股份有限公司(以下简称"公司")的规范运 作，有效防范和化解各种经营风险，促进公司健康稳定发展，依据有关法律法 规，特制定本制度。 第二条 公司内部控制包括内部控制机制和内部控制制度两个方面，内部控 制机制是指公司的内部组织结构及其相互之间的运行制约关系，内部控制制度 是指公司为防范经营风险，保护资产的安全与完整，促进各项经营活动的有效 实施而制定的各种业务操作程序、管理方法与控制措施的总称。 第二章 内部控制的目标与原则 第三条 公司内部控制的总体目标是建立一个决策科学、运营规范、管理高 效和持续、稳定、健康发展的股份制业务经营实体，具体来说，必须达到以下 目标： (二) 建立行之有效的风险控制系统，确保各项经营管理活动的健康运行与 公司财产的安全、完整及有效利用。 (三) 健全符合现代企业制度要求的法人治理结构，形成科学合理的决策机 制、执行机制和监督机制。 (四) 不断提高经营管理的效率和效益，努力实现价值的 ...

Core Points - The implementation details of the cumulative voting system aim to enhance the corporate governance structure of Suzhou Hailu Heavy Industry Co., Ltd and ensure shareholders can fully exercise their rights [1][2] - The cumulative voting system allows shareholders to allocate their voting rights either to a single candidate or distribute them among multiple candidates during the election of directors [1][2] - Independent and non-independent directors will be elected separately using the cumulative voting system, ensuring compliance with regulations [2][3] Summary by Sections - The cumulative voting system is defined as the total voting rights of shareholders being equal to their total shares multiplied by the number of directors to be elected [1] - The voting rights for independent directors can only be cast for independent director candidates, while non-independent directors' voting rights are restricted to non-independent candidates [2] - In cases where the total votes for candidates are equal, a second round of voting will be conducted to determine the elected directors [3][4] - The voting process must ensure that each elected director receives more than half of the total shares held by attending shareholders [3] - The implementation details will take effect upon approval by the shareholders' meeting and will be interpreted and revised by the company's board of directors [4]

控股股东、实际控制人行为规范 苏州海陆重工股份有限公司 控股股东、实际控制人行为规范 第一章 总则 第一条 为贯彻证券市场公开、公平、公正原则，进一步规范苏州海陆重工 股份有限公司（以下简称"公司"）控股股东、实际控制人行为，切实保护公司和 中小股东的合法权益，根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司信息披露管理办法》《深圳证券交易所股票上市规则》《深圳证券交 易所上市公司自律监管指引第 1 号——主板上市公司规范运作》《深圳证券交易 所上市公司自律监管指引第 18 号——股东及董事、高级管理人员减持股份》等 法律法规、部门规章、规范性文件及《苏州海陆重工股份有限公司章程》（以下 简称《公司章程》）的有关规定，结合公司实际情况，特制定本规范。 第二条 本规范适用于规范本公司控股股东、实际控制人的行为和信息披露 相关工作。 控股股东、实际控制人行为规范 第二章 一般原则 第六条 控股股东、实际控制人应当诚实守信，依法依规行使股东权利、履 行股东义务，严格履行承诺，维护公司和全体股东的共同利益。 控股股东、实际控制人应当维护公司独立性，不得利用对公司的控制地位谋 取非法利益、占用公司资金和 ...

重大交易决策制度 苏州海陆重工股份有限公司 重大交易决策制度 （2025年修订） 第一章 总则 第一条 为了加强对苏州海陆重工股份有限公司（以下称"公司"）重大交易活 动的决策管理，保证重大交易活动的规范性、合法性和效益性，切实保护公司利益 各方的合法权益，根据《中华人民共和国公司法》《中华人民共和国证券法》《深 圳证券交易所股票上市规则》等法律、行政法规、规范性文件及《苏州海陆重工股 份有限公司章程》的规定，制定本制度。 第二条 本制度所称"重大交易"包括除公司日常经营活动之外发生的下列类型 的事项： 上述购买、出售的资产不含购买原材料、燃料和动力，以及出售产品、商品等 与日常经营相关的资产，但资产置换中涉及购买、出售此类资产的，仍包含在内。 第三条 公司的重大交易活动，应在授权、执行、会计记录以及资产保管等职责 方面有明确的分工，不得由一人同时负责上述任何两项工作。 重大交易决策制度 第二章 重大交易的审议权限 第四条 公司重大交易活动须经总经理、董事会或股东会批准。超越总经理批准 权限的事项由董事会审议批准。超越董事会审批权限的事项，应当由股东会作出决 议批准。 第五条 总经理主持公司的生产经营管理工作 ...