一、框架协议概述 | 证券代码：002534 证券简称：西子洁能 | 编号：2023－063 | | --- | --- | | 债券代码：127052 债券简称：西子转债 | | 西子清洁能源装备制造股份有限公司 关于控股子公司签署《股权收购框架协议书》的公告 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。 重要内容提示： 1、本次签订《股权收购框架协议书》，系各方关于本次交易的意向性约定， 是各方进一步磋商、谈判的基础。最终交易价格尚未最终确定，具体方案将由交 易各方根据审计及评估结果进一步协商谈判确定，且正式的协议签订公司尚需要 履行必要的决策程序，故公司本次筹划的股权出让事项尚存在不确定性。 2、本次协议签署事项不构成关联交易，不构成《上市公司重大资产重组管 理办法》规定的重大资产重组。 3、目前本次股权转让事宜尚处于筹划阶段，在公司未完成审批程序、未实 施完成股权转让事项之前，该筹划活动不会对公司生产经营和业绩带来重大影响。 公司将根据交易事项后续进展情况，按照《深圳证券交易所股票上市规则》和《公 司章程》等相关规定，及时履行相应决策审批程序和信息披 ...

| 证券代码：002534 | 证券简称：西子洁能 | 编号：2023－062 | | --- | --- | --- | | 债券代码：127052 | 债券简称：西子转债 | | 西子清洁能源装备制造股份有限公司 2023 年第三季度可转债转股情况公告 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。 特别提示："西子转债"（债券代码：127052）转股期为 2022 年 6 月 30 日至 2027 年 12 月 23 日，目前转股价格为 18.70 元/股。 根据《深圳证券交易所股票上市规则》《深圳证券交易所可转换公司债券业 务实施细则》的有关规定，西子清洁能源装备制造股份有限公司（以下简称"公 司"）现将 2023 年第三季度可转换公司债券（以下简称"可转债"）转股及公司 股份变动情况公告如下： 一、可转债发行上市的基本情况 （一）可转换公司债券发行情况 经中国证券监督管理委员会（以下简称"中国证监会"）证监许可〔2021〕 3768 号《关于核准杭州锅炉集团股份有限公司公开发行可转换公司债券的批复》 的核准，公司于 2021 年 12 月 24 日公 ...

浙商证券股份有限公司 关于西子清洁能源装备制造股份有限公司 （2）上市公司交易所自律监管指引、证监会监管指引要求； 2023 年度持续督导培训的报告 根据《深圳证券交易所上市公司自律监管指引第 13 号—保荐业务》的相关 规定和西子清洁能源装备制造股份有限公司（以下称"西子洁能"）的实际情况， 保荐机构项目组成员于 2023 年 8 月 28 日对西子洁能的董事、监事、高级管理人 员以及董事会办公室人员进行了专门培训。本次培训的具体情况如下： 一、培训基本情况 （一）培训时间：2023 年 8 月 28 日； （二）培训地点：西子洁能 1 号楼 2 楼会议室； （三）培训对象：西子洁能董事、监事、高级管理人员以及董事会办公室人 员。 二、培训内容 保荐代表人按照《深圳证券交易所上市公司自律监管指引第 13 号—保荐业 务》等法规的要求，以《深圳证券交易所上市公司自律监管指引》为主题，介绍 了： （1）2022 年上市公司主要违规案例情况及统计； （本页无正文，为《浙商证券股份有限公司关于西子清洁能源装备制造股 份有限公司 2023 年度持续督导培训的报告》） （3）以法律条文及案例相结合的形式，分别就董事、监 ...

Financial Performance - Revenue for the reporting period was 3,714,844,395.39 yuan, a year-on-year increase of 5.81%[4] - Operating costs increased by 9.46% to 3,170,576,469.52 yuan compared to the same period last year[4] - Sales expenses rose by 21.02% to 90,385,364.87 yuan[4] - R&D investment decreased by 28.11% to 155,383,680.98 yuan[4] - Net cash flow from operating activities improved by 72.81% to -148,126,517.90 yuan, mainly due to increased sales collections[4] - Net cash flow from investing activities decreased by 275.57% to -325,435,563.01 yuan, primarily due to the payment of 136 million yuan for the transfer of Hep Energy equity[4] - Net profit attributable to shareholders of the listed company decreased by 70.10% year-on-year to 29,335,234.23 yuan[104] - Total assets reached 16,517,583,764.08 yuan, a year-on-year increase of 3.54%[104] - The company's total operating income for the reporting period was 3,714,844,395.39 yuan, a year-on-year increase of 5.81%[142] - Domestic sales accounted for 89.61% of total operating income, reaching 3,328,830,542.30 yuan, a year-on-year increase of 1.24%[142] - International sales grew significantly by 73.19%, reaching 386,013,853.09 yuan[142] - Revenue from waste heat boilers increased by 23.75% to 1,475,681,237.59 yuan, accounting for 39.72% of total operating income[142] - Revenue from clean energy equipment decreased by 12.48% to 387,778,299.04 yuan[142] - The company's equipment manufacturing sector contributed 97.29% of total revenue, reaching 3,614,057,045.81 yuan[142] - Revenue from waste heat boilers increased by 13.38% to 1,475,681,237.59 yuan[157] - Revenue from clean energy equipment grew by 14.64% to 387,778,299.04 yuan[157] - Domestic sales revenue rose by 14.74% to 3,328,830,542.30 yuan[157] - Overseas sales revenue increased by 13.88% to 386,013,853.09 yuan[157] - Equipment manufacturing industry revenue reached 3,614,057,045.81 yuan, with a year-on-year increase of 5.34%[179] - Equipment manufacturing industry gross margin decreased by 2.90% year-on-year to 13.61%[179] Cash Flow and Investments - The company used 9,736.46 million yuan of raised funds in the first half of 2023, with a cumulative total of 33,465.35 million yuan used and a remaining balance of 76,164.83 million yuan[12] - The company's total investment in the reporting period decreased by 82.55% to 252,538,686.55 yuan[171] - Total funds raised in 2021: 109,630.18 million yuan, with 33,465.35 million yuan already used, and 80,607.84 million yuan still unused[190] - No change in the use of raised funds during the reporting period, with 0% of the total raised funds being repurposed[190][192] - The company invested 136 million yuan to acquire a 25.2% stake in Hepu Energy, aiming to strengthen cooperation in the field of thermal power flexibility transformation[87] - The company's financial liabilities were fully repaid, reducing the balance to 0 yuan[183] - The company repaid 10 million yuan of the loan on June 21, 2023, leaving a remaining loan balance of 338 million yuan[181] - Financial assets decreased by 72,408,205.72 yuan, with a total of 489,709,659.32 yuan remaining at the end of the period[183] - Derivative investments for hedging purposes amounted to 883.69 yuan, with no significant impact on the company's net assets[186] - The company's investment in derivative instruments resulted in a loss of 0.97 million yuan, primarily due to transaction fees[186] - The company's total financial assets at the beginning of the period were 587,117,865.04 yuan, with a significant reduction due to sales and other adjustments[183] Energy and Environmental Projects - The company's photovoltaic power station generated a total of 1.977045 million kWh in the first half of 2023, saving 152,248 yuan in electricity costs and reducing CO2 emissions by 1,971 tons[21] - The company's energy-saving and environmental protection equipment manufacturing industrial base project has a cumulative investment of 208,758,680.80 yuan, with a progress rate of 40.00%[14] - The new energy technology manufacturing industrial base project has a cumulative investment of 254,653,473.56 yuan, with a progress rate of 25.06%[14] - The company has established a comprehensive energy management platform in 2023, achieving energy management digitization and saving 60.5 tons of standard coal[39] - The company has successfully commissioned 4 major zero-carbon energy storage projects, reducing CO2 emissions by approximately 400,000 tons annually and saving 200,000 tons of standard coal per year[40] - The company's parking garage lighting energy-saving renovation project achieved an energy-saving rate of 83%, saving 280,000 kWh of electricity, equivalent to 224 tons of standard coal, reducing CO2 emissions by 279 tons, and reducing dust emissions by 76 tons in the first half of 2023[48] - The company's self-developed "High-Power Molten Salt Absorber and Molten Salt Steam Generation System for Solar Thermal and Heat Storage Systems" was recognized as a major national energy technology equipment[114] - The company secured the EPC contract for the Xiamen Torch Park "Multi-Energy Storage" and Zero-Carbon Factory Project, marking its first comprehensive energy demonstration project in the lithium battery industry[114] - As of June 2023, China's renewable energy installed capacity reached 1.322 billion kilowatts, accounting for 48.8% of the total installed capacity, with renewable energy contributing 1.34 trillion kilowatt-hours of electricity[112] - The company is actively involved in research and development of new energy and energy storage technologies, including molten salt energy storage, vanadium redox flow batteries, hydrogen fuel cells, and perovskite solar cells[114] - The company's self-developed molten salt energy storage technology has been applied in projects such as the 50MW tower-type molten salt energy storage solar thermal power generation project in Delingha, Qinghai[151] Legal and Arbitration Cases - The company is involved in an arbitration case with Swedish company Apani regarding a "Uniqueness Cooperation Agreement" dispute, with a claimed amount of RMB 222.5 million[24] - The company has a lawsuit against Sichuan Trust Co., Ltd. for a trust contract dispute, with an involved amount of RMB 40 million[24] - The company has a lawsuit against Luoyang Wanzhong Jili Thermal Power Co., Ltd. for a sales contract dispute, with a claimed amount of RMB 5.85 million[24] - The company has a lawsuit against Shandong Guangbang Construction and Installation Co., Ltd. for a construction subcontract dispute, with a claimed amount of RMB 1.009 million[42] - The company has a lawsuit against Jiangyin Tiande Environmental Engineering Co., Ltd. for a contract dispute, with a claimed amount of RMB 1.013 million[24] Guarantees and Loans - The company has a total guarantee amount of RMB 22.85 million for its subsidiaries, with an actual guarantee balance of RMB 19.248 million[34] - The company has no illegal external guarantees during the reporting period[29] - The company provided a guarantee of 17,748 million yuan to Hangzhou Lin'an Lvneng Environmental Power Generation Co., Ltd., with a guarantee period of 10 years[78] - Hangzhou Lin'an Green Energy Environmental Power Generation Co., Ltd. secured a loan of 350 million yuan for project construction, with 348 million yuan already disbursed[181] - Xizi (Zhuji) New Energy Equipment Co., Ltd. obtained a loan of 200 million yuan, with 109 million yuan disbursed as of June 30, 2023[188] Employee and Shareholder Information - The employee stock ownership plan raised a total of 175,857,648.30 yuan, with 20,568,146 shares actually subscribed, and 40.1% (8,253,606 shares) reserved for future incentives[61] - The company implemented a 2023 employee stock ownership plan, utilizing 20,568,146 shares, accounting for approximately 2.78% of the total share capital of 739,202,416 shares[69] - Key executives' shareholding remains unchanged: Liao Haiyan (0.12%), Liu Huiming (0.12%), and Lin Jiangen (0.11%)[199] Subsidiaries and Investments - The company sold assets worth 55.626619 million yuan, with a one-time reward of 15.2685 million yuan from local policy, and received the first payment of 7 million yuan on June 28, 2023[64] - The company's Zhuji factory is nearing completion, and the Wuhu base lease was terminated early on May 31, 2023, with equipment and personnel transferred to Zhuji, which will gradually increase production capacity in the second half of 2023[65] - The company's limited-sale shares decreased by 4,303,540 shares, accounting for 1.26% of the total shares, while the unlimited-sale shares increased by 4,303,980 shares, accounting for 98.74% of the total shares[67] - Sale of 22.23% equity in Zhejiang Zhongguang New Energy Technology Co., Ltd. for 317.8758 million yuan, contributing 1.5967 million yuan to net profit[193] - Establishment of new subsidiaries: Zhejiang Xizi New Energy Engineering Technology Co., Ltd., Xinchang Zhongneng Energy Co., Ltd., Shenyang Xijie New Energy Co., Ltd., and Hangzhou Xijie New Energy Co., Ltd.[194] - Closure of subsidiaries: Hubei Lanshang New Energy Co., Ltd. and Henan Lanshang New Energy Co., Ltd., with no significant impact on short-term performance[194] Risk Management and Strategy - The company has implemented a differentiated competition strategy, focusing on waste heat utilization equipment to avoid direct competition with large boiler manufacturers[141] - The company has transitioned from a single product manufacturer to a comprehensive energy utilization solution provider, with new energy + energy storage business models already applied in multiple scenarios[141] - Risk management strategies include hedging against raw material price fluctuations and strengthening credit control to mitigate bad debt risks[195] - Potential foreign exchange risk due to overseas business settlements in USD and EUR amidst global economic uncertainties[196] - The company has established strategic partnerships with suppliers and implemented hot-rolled futures hedging strategies to mitigate the impact of steel price fluctuations[149] Impairments and Losses - The company fully provisioned for the impairment of 40 million yuan in uncollected principal from a trust product with Sichuan Trust Co., Ltd., which has not yet repaid the remaining principal and interest[84] - Asset impairment losses amounted to -41,028,557.38 yuan, mainly due to contract asset and goodwill impairments[174] - Credit impairment losses were -47,959,108.17 yuan, primarily due to bad debt provisions for receivables[174] Related-Party Transactions - The company's related-party transaction with Xizi Elevator Group Co., Ltd. amounted to 7,986.07 million yuan, accounting for 2.15% of the total transaction amount[76] Market and Orders - New orders for clean energy equipment increased by 20.66% year-on-year to 685 million yuan, with total orders on hand reaching 8.077 billion yuan, a year-on-year increase of 4.35%[117] - The company's core products, including waste heat boilers and clean energy equipment, hold a leading market share and are recognized for their advanced design and manufacturing capabilities[116] Construction and Development - Construction in progress increased by 65% to 669,773,553.16 yuan due to project investments[158] - Long-term loans grew by 63% to 1,022,675,741.77 yuan due to increased borrowing[158] Miscellaneous - The company has no leasing activities during the reporting period[33] - Investment income accounted for 26.87% of total profit, mainly from equity method investments[174]

非经营性资金占用及其他关联资金往来情况汇总表 | | 浙江国新股权投资有限公司 | 子公司 | 其他应收款 | 1,000.32 | 0.61 | 1,000.00 | 0.93 | 借款 | 非经营性往来 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 浙江西子新能源有限公司 | 子公司 | 其他应收款 | 637.56 | 146.49 | | 784.05 | 借款 | 非经营性往来 | | | | | 应收账款 | 177.50 | | | 177.50 | 货款 | 经营性往来 | | | 西子洁能(芜湖)新能源科技有限 公司 西子（诸暨）新能源装备有限公 | 子公司 | 其他应收款 | 13,500.70 | 1,312.40 | 4,130.55 | 10,682.55 | 代垫费用 | 非经营性往来 | | | 司 西子（海宁）新能源有限公司 | 子公司 子公司 | 其他应收款 其他应收款 | 10,300.00 1,410.37 | 9.12 3,029.35 | | 10,309.12 4,439.72 ...

证券代码：002534 证券简称：西子洁能 编号：2023－060 债券代码：127052 债券简称：西子转债 西子清洁能源装备制造股份有限公司 第六届监事会第二次会议决议公告 本公司及监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。 经审核，监事会认为董事会编制和审核西子清洁能源装备制造股份有限公司 2023 年半年度报告的程序符合法律、行政法规和中国证监会的规定，报告内容 真实、准确、完整地反映了公司的实际情况，不存在任何虚假记载、误导性陈述 或者重大遗漏。 《2023 年半年度报告全文》见公司指定信息披露网站巨潮资讯网 http://www.cninfo.com.cn ，半年报摘要刊登在 2023 年 8 月 29 日《证券时报》 《 上 海 证 券 报 》《 证 券 日 报 》 和 公 司 指 定 信 息 披 露 网 站 巨 潮 资 讯 网 http://www.cninfo.com.cn 上。 西子清洁能源装备制造股份有限公司（以下简称"公司"）第六届监事会第 二次会议通知于 2023 年 8 月 18 日以邮件、专人送达等形式发出，会议于 2023 年 8 ...

证券代码：002534 证券简称：西子洁能 编号：2023－059 债券代码：127052 债券简称：西子转债 西子清洁能源装备制造股份有限公司 第六届董事会第二次会议决议公告 西子清洁能源装备制造股份有限公司（以下简称"公司"）第六届董事会第 二次会议通知于 2023 年 8 月 18 日以邮件、专人送达等形式发出，会议于 2023 年 8 月 28 日以现场及通讯表决方式召开，应参加表决董事 9 人，实际参加表决 董事 9 人，其中独立董事宋明顺、董事程欣、董事罗世全 3 人以通讯方式表决， 符合《公司法》《公司章程》等的有关规定。会议由公司董事长王水福先生召集， 经董事现场及通讯表决形成如下决议： 一、《公司 2023 年半年度报告及摘要》； 公司独立董事对该议案发表了独立意见，独立意见详见刊登在 2023 年 8 月 29 日公司指定信息披露网站巨潮资讯网 http://www.cninfo.com.cn 上的《独立董 事关于第六届董事会第二次会议相关事项的独立意见》。 特此公告。 1 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。 表决结果：同意：9 ...

证券代码：002534 证券简称：西子洁能 编号：2023－061 债券代码：127052 债券简称：西子转债 西子清洁能源装备制造股份有限公司 关于 2023 年半年度募集资金存放与实际使用情况的专项报 告 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。 根据深圳证券交易所印发的《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》及相关格式指引的规定，西子清洁能源装备制 造股份有限公司（以下简称"公司"）将 2023 年半年度募集资金存放与使用情况 专项说明如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准杭州锅炉集团股份有限公司公开发行 可转换公司债券的批复》（证监许可[2021]3768 号）核准，公司于 2021 年 12 月 24 日公开发行可转换公司债券 111,000 万元，期限 6 年。实际发行可转换公司债 券 1110 万张，每张面值 100 元。募集资金总额为人民币 111,000 万元，扣除承销 及保荐费、律师费用、会计师费用、评级机构费用、信息披露费、手续费等发行 费用合计（不含税）1,369.82 万 ...

独立董事关于第六届董事会第二次会议相关事项的独立意见 （一）关联方资金占用事项 本报告期内，公司控股股东、实际控制人及其附属企业，关联自然人及其控 制的法人，其他关联人及其附属企业均不存在非经营性占用公司资金情况。 （二）对外担保事项 报告期内审批的对外担保事项： 本报告期内，公司无审批新增加担保额度。公司实际对杭州临安绿能环保发 电有限公司担保金额为 17,748 万元，实际对浙江西子能源管理有限公司担保金 额为 1,500 万元，合计担保金额占公司 2023 年半年度末净资产的 4.99%。公司及 控股子公司无逾期对外担保、无涉及诉讼的对外担保及因担保被判决败诉而应承 担损失的情形。 西子清洁能源装备制造股份有限公司 独立董事关于第六届董事会第二次会议相关事项的 独立意见 根据中国证监会《上市公司独立董事规则》《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》以及《公司章程》《独立董事工作制度》 等相关规章制度的有关规定，作为西子清洁能源装备制造股份有限公司（以下简 称"公司"）的独立董事，我们对公司第六届董事会第二次会议相关事项发表如 下独立意见： 一、关于公司关联方占用资金情况及累计 ...

Dividends and Share Capital - The company reported a cash dividend of 1 RMB per 10 shares (including tax) for all shareholders, with no bonus shares issued[19]. - The total share capital increased from 739,201,050 shares to 739,202,363 shares due to the conversion of convertible bonds, resulting in a dilution of both basic and diluted earnings per share[56][59]. - The total number of shareholders at the end of the reporting period was 38,914, a decrease from 39,231 in the previous month[60]. - The company held 20,568,146 shares in its repurchase account, representing 2.78% of the total shares, making it one of the top ten shareholders[61]. - The proportion of limited shares decreased from 1.85% to 1.84% after a reduction of 78,500 limited shares[54]. - The proportion of unrestricted shares increased slightly from 98.15% to 98.16% after an addition of 79,813 unrestricted shares[54]. - The company distributed a cash dividend of RMB 0.20 per share to shareholders based on a total share capital of 718,632,904 shares after deducting repurchased shares[121]. - The total number of shares outstanding is 739,202,363[182]. Financial Performance - The company's operating revenue for 2022 was RMB 7,343.6461 million, with sales of boilers and clean energy equipment contributing RMB 4,242.3308 million, accounting for 57.77% of total revenue[129]. - Engineering service revenue amounted to RMB 2,953.3344 million, representing 40.22% of total revenue[129]. - The company reported a net profit of 193,479,816.51 yuan for the year, a significant increase from 81,797,371.73 yuan in the previous year[198]. - Non-operating income for the year included government subsidies amounting to 58,978,074.16 yuan, slightly down from 61,547,059.48 yuan in the previous year[197]. - The company recorded a loss of 256,990.13 yuan from the disposal of non-current assets, an improvement compared to a loss of 12,439,517.03 yuan in the previous year[197]. - The investment income from the disposal of equity in a technology company amounted to 102,285,916.32 yuan during the reporting period[198]. Assets and Liabilities - Total assets increased to CNY 15,953,162,511.95 as of December 31, 2022, up from CNY 13,940,811,337.38 at the beginning of the year, representing a growth of approximately 14.5%[178]. - Current liabilities totaled CNY 9,310,720,524.57, an increase from CNY 7,742,015,251.03, indicating a rise of about 20.3%[178]. - Accounts receivable rose to CNY 1,855,988,250.22 from CNY 1,073,191,723.11, reflecting a significant increase of approximately 73%[177]. - Inventory increased to CNY 1,903,017,435.71, compared to CNY 1,706,754,213.55, marking an increase of about 11.5%[177]. - Long-term borrowings grew to CNY 628,079,611.18 from CNY 348,476,465.75, representing an increase of approximately 80.2%[178]. - The company reported a total of CNY 3,721,609,607.52 in accounts payable, up from CNY 2,995,200,925.29, which is an increase of about 24.2%[168]. - The total current assets reached CNY 10,885,407,927.93, compared to CNY 9,917,390,052.15, showing an increase of approximately 9.8%[178]. - The company’s total non-current assets amounted to CNY 5,067,754,584.02, up from CNY 4,023,421,285.23, indicating a growth of about 26%[178]. - The company’s cash and cash equivalents were CNY 3,613,431,601.43, down from CNY 3,754,223,059.42, reflecting a decrease of approximately 3.8%[177]. - The company’s total liabilities increased to CNY 14,378,475,108.59 from CNY 11,765,436,536.26, representing a rise of about 22.3%[178]. Corporate Governance and Risk Management - The company has engaged Tianjian Accounting Firm for auditing services, with a fee of 1.75 million RMB, and has a continuous service history of 16 years[34]. - The company faced risks related to raw material price fluctuations and potential bad debts from accounts receivable[6]. - The company is focused on enhancing its internal controls related to revenue recognition to mitigate risks associated with improper revenue reporting[153]. - The company did not experience any bankruptcy restructuring during the reporting period[35]. - The company has not engaged in any major related party transactions or asset acquisitions during the reporting period[40]. - The company reported a significant related party transaction with Xizi Elevator Group, amounting to 398.8 million RMB, which accounted for 2.53% of similar transaction amounts[39]. Strategic Initiatives and Market Position - The company is focused on expanding its market presence and developing new technologies in the clean energy sector[6]. - The company has a continuous commitment to environmental and social responsibility initiatives[10]. - The company successfully launched the Shaoxing Green Electricity Molten Salt Energy Storage Demonstration Project, marking the establishment of the first zero-carbon fiber industrial park[100]. - The company has expanded into the user-side electrochemical energy storage sector, with new projects including the Vanadium Flow Battery Smart Energy Storage Station and the zero-carbon factory project for Gujia Home Furnishing[100]. - The company aims to accelerate its transition towards the new energy and energy storage sectors, focusing on zero-carbon steel mills, power plants, and cement plants[100]. - The company has established a strong market presence in the energy storage field, with ongoing projects enhancing its competitive edge[100]. - The company’s financial reports indicate a significant focus on sustainable energy solutions and market expansion strategies[100]. Shareholder Information - The company’s major shareholder, Xizi Elevator Group, holds 39.01% of the shares, amounting to 288,349,956 shares[60]. - The company’s major shareholder has pledged 80% of their shares, indicating a high level of leverage[182]. - The company has not experienced any changes in its controlling shareholder during the reporting period[200]. - The company’s registered capital is 600 million yuan, primarily engaged in industrial investment and capital management[182]. Debt and Financing - The company maintains a strong debt repayment capability due to stable main business operations and good cash flow from operating activities[124]. - The debt-to-asset ratio increased by 2.99% year-on-year, reaching 74.20%[126]. - The company adjusted the conversion price of its convertible bonds from 27.89 CNY/share to 18.80 CNY/share, effective from October 11, 2022[103]. - The total amount of convertible bonds issued was RMB 1,110 million, with only 0.01% converted as of June 30, 2022[123]. - The top ten shareholders include various investment funds, with the largest holding being 954,788 convertible bonds, representing 8.60% of the total[105]. - The company received 10 million CNY in principal and interest from a trust product, with 40 million CNY principal and corresponding interest still outstanding[82].