Core Viewpoint - The development of the non-power outage operation in China's distribution network is accelerating, driven by stable electricity supply and increasing demand for reliable power supply as the economy grows [1][11]. Group 1: Industry Overview - The non-power outage operation in the distribution network refers to conducting maintenance or construction work while minimizing or avoiding power outages for users, thereby enhancing power supply reliability and increasing supply capacity [2][8]. - The market size for non-power outage operations in China's distribution network is projected to reach 131.19 billion yuan in 2024, with an expected growth to 137.89 billion yuan in 2025 [11][13]. Group 2: Market Dynamics - The industry is experiencing a shift from "power outage operations" to "non-power outage operations," with the number of non-power outage operations increasing from 904,200 times in 2016 to an estimated 1,624,400 times in 2024, reflecting a compound annual growth rate of 7.60% [13]. - The average charge for non-power outage operations is expected to rise slightly from 8,076 yuan per operation in 2024 to 8,120 yuan in 2025 [13]. Group 3: Competitive Landscape - The competitive structure of the non-power outage operation industry in China is characterized by significant differences in technology and service quality among companies, with state-owned enterprises dominating the market due to their resource integration capabilities and brand influence [18][19]. - Major companies in the industry include Wuli De Electric Science, Hailun Zhe, Xuhui Electric, and Beijing Kerui, each offering specialized products and services for non-power outage operations [19]. Group 4: Development Trends - The increasing demand for stable electricity supply necessitates the implementation of non-power outage operations, which can enhance economic efficiency for power companies and reduce economic losses caused by outages [21]. - The technology for non-power outage operations is crucial for ensuring continuous power supply and minimizing the negative impacts of outages on the economy, indicating a broad development space for the market [21].

内容提示： 证券代码：300201 证券简称：海伦哲 公告编号：2025-045 徐州海伦哲专用车辆股份有限公司 关于公司股东部分股份解除质押及质押的公告 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。 徐州海伦哲专用车辆股份有限公司第一大股东海徳资产管理有限公司累计 质押股份数量为 124,000,000 股，占其所持公司股份数量比例达到 99.61%，请 投资者注意相关风险。 徐州海伦哲专用车辆股份有限公司（以下简称"公司"、"上市公司"）于 2025 年 7 月 18 日接到公司第一大股东海徳资产管理有限公司（以下简称"海徳 资管"）通知，其所持有的公司部分股份解除质押及被质押。具体情况如下： 一、股份质押基本情况 | | 是否为 | | | | 是 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 控股股 | | | 占公 | 否 | 是否 | | | | | | 股东 | 东或第 | 质押数量 | 占其所 | 司总 | 为 | 为补 ...

Company Overview - Helen Zhe was established in 2005 and became the first listed company in the aerial work vehicle industry in 2011 [1] - The company has a registered capital of 1.009 billion CNY [1] Main Business - Key products include aerial work vehicles, emergency power supply vehicles, emergency drainage vehicles, fire trucks, and military special vehicles [2] - The company leads in lightweight, high-altitude, intelligent, and insulated aerial work vehicles, achieving domestic substitution for insulated arms [2] - It has developed the world's largest 3000 kW vehicle-mounted power generation equipment, maintaining a leading position in the industry [2] Achievements and Awards - The company has received multiple awards, including 2 National Science and Technology Progress Awards and 1 China Patent Excellence Award [2] - The emergency drainage equipment has a capacity ranging from 500 to 6000 cubic meters per hour, providing comprehensive solutions for urban flood control [3] Strategic Planning (2023-2025) - The company aims to achieve a fourfold increase in operating performance by 2025, with net profit growth targets of 175%, 285%, and 439% for 2023, 2024, and 2025 respectively [5] Financial Performance - In 2024, the company achieved a revenue of 1.591 billion CNY, a year-on-year increase of 17.69%, and a net profit of 224 million CNY, up 8.64% [6] - In the first half of 2025, revenue is expected to grow by approximately 50%, with net profit between 78 to 88 million CNY, reflecting a year-on-year increase of 52.35% to 71.88% [6] Key Initiatives in 2025 - Focus on R&D to maintain technological leadership, including the development of high-altitude insulated vehicles and all-terrain insulated platforms [8][9] - Expansion of the rental market for aerial work vehicles, with sales in the first half of 2025 approaching the total for 2024 [10] - Improvement in supply chain efficiency, increasing production capacity from 8 to 10 units per day for rental vehicles [11] Strategic Partnerships - A strategic cooperation agreement was signed with China Aneng Group for emergency equipment development and market expansion [14] Cash Dividends - In June 2024, the company distributed a cash dividend of 0.3 CNY per 10 shares, totaling 29.85 million CNY [15] Market Expansion - The company is actively expanding into international markets, with new export orders of approximately 30 million CNY by June 30, 2025 [18] Industry Position - The fire truck market is estimated at 10 billion CNY annually, with growth expected due to increasing safety demands and natural disasters [23]

Core Insights - 26 companies listed on the ChiNext board have released their performance forecasts for the first half of the year, with 19 companies expecting profit increases, representing 73.08% of the total [1] - The overall proportion of companies reporting positive forecasts is 80.77%, with 2 companies expecting profits and 1 company forecasting losses [1] Performance Forecast Summary - Among the companies with positive forecasts, 7 are expected to see net profit growth exceeding 100%, while 4 companies anticipate growth between 50% and 100% [1] - Han Yu Pharmaceutical is projected to have the highest net profit growth, with a median increase of 1567.36% [1] - Other notable companies include Chuanjin Nuo and Longyuan Technology, with expected net profit growth of 167.27% and 137.44% respectively [1] Company Performance Highlights - The following companies are highlighted for their significant expected profit increases: - Han Yu Pharmaceutical (Code: 300199) - Expected net profit growth: 1567.36%, Latest closing price: 18.24, Year-to-date change: 41.51%, Industry: Pharmaceutical [1] - Chuanjin Nuo (Code: 300505) - Expected net profit growth: 167.27%, Latest closing price: 19.95, Year-to-date change: 40.94%, Industry: Basic Chemicals [1] - Longyuan Technology (Code: 300105) - Expected net profit growth: 137.44%, Latest closing price: 8.11, Year-to-date change: 7.79%, Industry: Environmental Protection [1] - Other companies with notable growth include Chenguang Biotech, Feirongda, Boteng Co., and Huizhong Co. [1]

[Current Period Performance Forecast](index=1&type=section&id=Item%20I.%20Current%20Period%20Performance%20Estimation) The company anticipates a year-on-year increase in its 2025 first-half performance, with net profit attributable to shareholders projected between RMB 78 million and RMB 88 million, a 52.35% to 71.88% increase, and net profit excluding non-recurring items between RMB 59 million and RMB 67 million, a 20.85% to 37.24% increase 2025 Semi-Annual Performance Forecast Details | Item | Current Reporting Period (2025 H1) | Prior Period (2024 H1) | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: RMB 78.00 million – RMB 88.00 million | Profit: RMB 51.20 million | | Year-on-Year Growth | 52.35% - 71.88% | - | | **Net Profit Excluding Non-Recurring Items** | Profit: RMB 59.00 million – RMB 67.00 million | Profit: RMB 48.82 million | | Year-on-Year Growth | 20.85% - 37.24% | - | [Communication with Accounting Firm](index=1&type=section&id=Item%20II.%20Communication%20with%20Accounting%20Firm) The company explicitly states that the financial data in this performance forecast has not been audited by an accounting firm, and its accuracy awaits final audit confirmation - The financial data in this performance forecast has not been audited by an accounting firm[5](index=5&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Item%20III.%20Explanation%20of%20Performance%20Changes) Performance growth is primarily attributed to two core factors: organic growth in the main business with steady sales order increases driving approximately 50% year-on-year revenue growth in H1 2025, and a non-recurring investment gain of approximately RMB 20.20 million from the disposal of a wholly-owned subsidiary positively impacting net profit - In the first half of 2025, the company's sales orders grew steadily, with **operating revenue projected to increase by approximately 50%** year-on-year[6](index=6&type=chunk) - Non-recurring gains and losses for the first half of 2025 are estimated at approximately **RMB 20.20 million**, primarily from investment income generated by the disposal of 100% equity in wholly-owned subsidiary Shanghai Liangji Industrial Co., Ltd[6](index=6&type=chunk) [Other Relevant Information and Risk Warning](index=2&type=section&id=Item%20IV.%20Other%20Relevant%20Information) The company emphasizes that this performance forecast is a preliminary estimate by the finance department, and the final accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, while also reminding investors to exercise caution and be aware of potential investment risks - This performance forecast represents preliminary estimates by the company's finance department, with specific financial data subject to the officially disclosed 2025 semi-annual report[7](index=7&type=chunk) - The company advises investors to make cautious decisions and be aware of investment risks[7](index=7&type=chunk)

Core Viewpoint - The company, Helen Zhe, expects a significant increase in net profit for the first half of 2025, projecting a growth of 52.35% to 71.88% compared to the same period last year [1] Financial Performance - The estimated net profit attributable to shareholders for the first half of 2025 is between 78 million and 88 million yuan, compared to 51.1986 million yuan in the same period last year, indicating a robust growth trajectory [1] - The company's sales orders have shown steady growth, with a projected revenue increase of approximately 50% year-on-year [1] Factors Influencing Performance - The performance growth is primarily attributed to the effective execution of operational plans and the impact of non-recurring gains [1] - The disposal of the equity of wholly-owned subsidiary Shanghai Liangji Industrial Co., Ltd. contributed approximately 20.2 million yuan in investment income [1]

Group 1 - The major shareholder MEI TUNG (CHINA) LIMITED has completed its share reduction plan, reducing its holdings by 21,090,000 shares, which is 2.12% of the total share capital [1][2] - The share reduction was executed through various methods, including centralized bidding and block trading, with prices ranging from 4.69 to 5.56 yuan per share [1] - The total number of shares held by MEI TUNG (CHINA) LIMITED decreased from 71,613,325 shares (7.20%) to 50,523,325 shares (5.08%) after the reduction [2] Group 2 - The company confirms that the actual number of shares reduced did not exceed the planned amount, and the reduction will not significantly impact the company's governance structure or ongoing operations [2] - The announcement complies with relevant regulations and guidelines, including the Shenzhen Stock Exchange's rules regarding shareholder and executive share reductions [2]

Core Viewpoint - The company, Xuzhou Helen Zhe Special Vehicle Co., Ltd., has announced its profit distribution plan for the year 2024, which includes a total cash dividend of 29,846,988.21 yuan to be distributed among shareholders as of December 31, 2024 [1][2]. Summary by Sections Profit Distribution Plan - The profit distribution plan has been approved by the shareholders' meeting, with a total of 1,009,043,607 shares considered for the distribution, excluding 14,144,000 shares that have been repurchased and will not participate in the distribution [1][2]. - The cash dividend will be distributed at a rate of 0.27 yuan per 10 shares for certain categories of shareholders, with different tax treatments based on the type of shares held [2]. Dividend Payment Details - The dividend payment will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the close of trading on June 25, 2025 [2]. - The company will not issue additional shares or convert capital reserves into share capital, and any undistributed profits will be carried forward to future years [1]. Adjustments and Taxation - If there are changes in the total share capital before the implementation of the profit distribution, the total distribution amount will remain unchanged, but the per-share distribution ratio will be adjusted accordingly [2]. - The company will not withhold individual income tax for certain shareholders at the time of distribution; instead, tax will be calculated based on the holding period when shares are sold [2]. Consultation and Contact Information - For inquiries regarding the profit distribution, shareholders can contact the company at its office in Xuzhou, Jiangsu Province, with provided contact details [5].

1、徐州海伦哲专用车辆股份有限公司（以下简称"公司"）回购专用证券 账户持有公司股份 14,144,000 股，该部分已回购的股份不享有参与本次利润分 配的权利，公司本次利润分配以截至 2024 年 12 月 31 日公司总股本 1,009,043,607 股扣除回购专户中持有的股份 14,144,000 股后的股份 994,899,607 股为基数，向可参与分配的股东每 10 股派发现金股利人民币 0.30 元（含税），合计派发现金股利 29,846,988.21 元。 证券代码：300201 证券简称：海伦哲 公告编号：2025-043 徐州海伦哲专用车辆股份有限公司 关于 2024 年度利润分配实施的公告 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。 特别提示： 2、按总股本折算每10股现金红利=现金分红总额/总股本=29,846,988.21/ 1,009,043,607*10=0.295794。本次权益分派实施后，除权除息参考价的相关参 数和计算公式如下：除权除息参考价=除权除息日的前一交易日收盘价-按总股本 折算每股现金红利=除权除息日的前一交易 ...

Core Viewpoint - The announcement of the 18th batch of the directory for exempting vehicle purchase tax for specialized non-transport vehicles with fixed devices aims to optimize the tax management mechanism and enhance taxpayer services, aligning with the State Council's reform requirements for improving the business environment [5][6]. Group 1: Background of the Announcement - The announcement is part of efforts by the Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology to implement policies that exempt specialized vehicles from vehicle purchase tax, thereby improving tax management and protecting taxpayer rights [5][6]. Group 2: Basic Information of the 18th Batch Directory - The 18th batch directory includes two parts: the first part lists 548 new models from 193 companies, while the second part removes 63 models of suction and pressure vehicles due to a change in classification [6][7]. Group 3: Application Process for Inclusion in the Directory - Vehicle manufacturers, import dealers, or individuals can apply for inclusion in the directory through the designated management system by submitting required materials [8]. - If an application fails the technical review, applicants can reapply and provide supporting materials to contest the review outcome [8]. Group 4: Tax Exemption Procedures - Vehicles listed in the directory can have an exemption mark in their electronic information, allowing taxpayers to process tax exemption procedures with the tax authorities [9]. - Vehicles sold before the directory's release can also be marked for tax exemption if they are later included in the directory [10]. Group 5: Handling of Removed Models - Only vehicles with an exemption mark that were removed from the directory can continue to enjoy tax exemption benefits [11].