国浩律师（成都）事务所 关于 威马农机股份有限公司 2024 年年度股东会 之 法律意见书 国浩律师（成都）事务所 法律意见书 成都市高新区天府二街 269 号无国界 26 号楼 9 层 邮编：610000 Floor 9,Building 26,Boundary-Free Land Center,269 Tianfu 2 Street,Hi-Tech Zone,Chengdu, China 电话/Tel: +86 28 86119970 传真/Fax: +86 28 86119827 网址/Website: http://www.grandall.com.cn 国浩律师（成都）事务所 关于威马农机股份有限公司2024年年度股东会 之 法律意见书 致：威马农机股份有限公司 国浩律师（成都）事务所（以下简称"本所"）接受威马农机股份有限公司（以 下简称"公司"）的委托，指派律师出席公司 2024 年年度股东会（以下简称"本次 股东会"），并依据《中华人民共和国公司法》（以下简称"《公司法》"）、中 国证券监督管理委员会发布的《上市公司股东会规则》《上市公司治理准则》和 深圳证券交易所（以下简称"深交所"）发布的 ...

Group 1: Financial Performance - The company's net profit attributable to shareholders for 2024 is ¥79,531,833.04, representing a year-on-year increase of 9.50% [1] - Revenue from overseas sales increased by 25.41% compared to the previous year, driven by market expansion efforts [2] Group 2: Competitive Strategy - The company aims to enhance core competitiveness through technological innovation and differentiated services, focusing on smart transformation and product development for specific scenarios [2] - The company has established a customer network covering over 100 countries and regions, with plans to deepen market penetration in Southeast Asia and Latin America [3] Group 3: Research and Development Focus - Recent R&D investments are concentrated on agricultural machinery tailored to hilly terrain, with a focus on smart manufacturing and modern production systems [3] - Key R&D directions include breakthroughs in electrification, lightweight, and automation technologies, as well as developing modular agricultural machinery platforms [3] Group 4: Talent Incentives - The company has launched a restricted stock incentive plan for 2024 to further motivate core talent [4]

威马农机股份有限公司 关于举行 2024 年度网上业绩说明会的公告 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。 威马农机股份有限公司（以下简称"公司"）定于 2025 年 5 月 9 日（星期五） 15:30-16:30 在"价值在线"举办 2024 年度业绩说明会。本次业绩说明会将采用网络文 字互动方式举行，投资者可登陆"价值在线（" www.ir-online.cn）参与本次业绩说明会。 出席本次业绩说明会的公司人员有：董事长兼总经理严华先生、独立董事李新卫 先生、财务总监杨琳女士、副总经理、董事会秘书王帅先生、保荐代表人陈佳红女士 （如遇特殊情况，参会人员可能进行调整）。 证券代码：301533 证券简称：威马农机 公告编号：2025-038 为充分尊重投资者、提升交流的针对性，现就公司本次业绩说明会提前向投资者 公开征集问题，广泛听取投资者的意见和建议。投资者可于 2025 年 5 月 8 日（星期 四）15:00 前通过网址 https://eseb.cn/1nPUlFigWuk，或使用微信扫描下方二维码，进 入问题征集专题页面。在信息披露规则允 ...

Financial Performance - The company reported a basic earnings per share of 0.0983 yuan for Q1 2025, a decrease of 41.49% compared to 0.1680 yuan in Q1 2024 [1] - Net profit for Q1 2025 was 0.1 billion yuan, down 41.18% from 0.17 billion yuan in Q1 2024 [1] - The return on equity (ROE) fell to 0.85% in Q1 2025, a decline of 42.18% from 1.47% in Q1 2024 [1] - Operating revenue increased slightly to 1.79 billion yuan in Q1 2025, up 1.13% from 1.77 billion yuan in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 662.7 million shares, accounting for 23.3% of the circulating shares, a decrease of 199.99 million shares from the previous period [1] - Notable changes in the top shareholders include the entry of new shareholders such as Yao Rongxiang, Cai Jian, and Yao Kai, while Zhang Yongli and Weima Agricultural Machinery Co., Ltd. exited the top ten [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

一、监事会会议召开情况 威马农机股份有限公司（以下简称"公司"）第三届监事会第十次会议于 2025 年 4 月 25 日在公司二楼会议室以现场方式召开，会议通知于 2025 年 4 月 18 日通过传 真、电话、邮件或专人送达等方式送达全体监事。本次会议由公司监事会主席徐健先 生主持，会议应出席表决监事 3 人，实际出席表决监事 3 人。会议召集、召开、表决 程序及审议事项符合《中华人民共和国公司法》等法律、行政法规、部门规章、规范 性文件和《威马农机股份有限公司章程》等的规定，会议合法有效。 证券代码：301533 证券简称：威马农机 公告编号：2025-037 威马农机股份有限公司 第三届监事会第十次会议决议公告 本公司及监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。 表决结果：3 票同意，0 票反对，0 票弃权。 二、监事会会议审议情况 1、审议通过《关于公司 2025 年第一季度报告的议案》 经审议，公司监事会认为：董事会编制和审核的公司《2025 年第一季度报告》 的程序符合法律、行政法规和中国证监会的规定，公司全体监事保证公司 2025 年第 一季度报告所 ...

证券代码：301533 证券简称：威马农机 公告编号：2025-036 威马农机股份有限公司 第三届董事会第十一次会议决议公告 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。 一、董事会召开情况： 威马农机股份有限公司（以下简称"公司"）第三届董事会第十一次会议于 2025 年 4 月 25 日在公司会议室以通讯方式召开，会议通知于 2025 年 4 月 18 日通过传 真、电话、邮件或专人送达等方式送达全体董事。本次会议由公司董事长严华先生主 持，会议应出席表决董事 7 人，实际出席表决董事 7 人。会议召集、召开、表决程序 及审议事项符合《中华人民共和国公司法》等法律、行政法规、部门规章、规范性文 件和《威马农机股份有限公司章程》等的规定，会议合法有效。 二、董事会会议审议情况： 1、审议通过《关于公司 2025 年第一季度报告的议案》 根据《深圳证券交易所创业板上市公司自律监管指南第 1 号——业务办理》《深 圳证券交易所创业板上市公司自律监管指南第 2 号——公告格式》等的相关要求， 并结合公司的实际情况，公司编制了《2025 年第一季度报告》。报告内 ...

Financial Performance - The company's revenue for Q1 2025 was ¥179,043,313.29, representing a 1.03% increase compared to ¥177,216,289.64 in the same period last year[5] - Net profit attributable to shareholders decreased by 41.67% to ¥9,655,640.39 from ¥16,553,657.39 year-on-year[5] - The company's basic earnings per share decreased by 41.49% to ¥0.0983 from ¥0.1680 in the same period last year[5] - Total operating revenue for Q1 2025 was CNY 179,043,313.29, an increase of 1.03% compared to CNY 177,216,289.64 in the previous year[20] - Net profit for Q1 2025 was CNY 9,655,640.39, a decrease of 41.83% from CNY 16,553,657.39 in the prior year[21] - Basic and diluted earnings per share for the current period were CNY 0.0983, down from CNY 0.1680 in the previous year[22] Cash Flow and Assets - The net cash flow from operating activities improved by 42.00%, reaching -¥2,606,568.92 compared to -¥4,493,970.00 in Q1 2024[5] - The company reported a significant increase in cash flow from operating activities, indicating improved cash management[9] - Operating cash inflow for the current period was $219,850,615.85, an increase of 7.99% from $204,836,793.80 in the previous period[23] - Net cash outflow from operating activities was -$2,606,568.92, improving from -$4,493,970.00 in the previous period[23] - Cash and cash equivalents decreased from 783,045,285.79 RMB to 640,166,561.39 RMB, a decline of about 18.2%[17] - Cash and cash equivalents at the end of the period totaled $636,577,461.39, down from $835,776,481.56 in the previous period[24] Expenses and Investments - Research and development expenses rose by 42.51% to ¥8,856,390.31, reflecting increased investment in R&D projects[9] - Sales expenses increased by 45.83% to ¥8,219,267.85, driven by higher marketing and channel development costs[9] - Total operating costs for the same period were CNY 169,516,141.49, up from CNY 158,725,106.71, reflecting a year-over-year increase of 6.67%[20] - Cash outflow for purchasing fixed assets and intangible assets was $74,815,605.87, up from $47,331,994.55 in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,744[11] - Major shareholders include Xia Feng with 35.28% (34,680,000 shares) and Yan Hua with 33.89% (33,320,000 shares) of the total shares[11] - The company has a total of 70,500,000 restricted shares, with 630,000 shares released during the period[15] - There are no significant changes in the top ten shareholders or their shareholding due to margin trading activities[12] Asset and Liability Overview - Total assets increased by 2.81% to ¥1,340,788,300.73 from ¥1,304,168,721.42 at the end of the previous year[5] - Non-current assets totaled CNY 409,683,862.79, an increase from CNY 385,640,910.47 year-over-year[19] - Total liabilities decreased to CNY 199,432,216.94 from CNY 267,602,427.66, indicating a reduction of approximately 25.5%[19] - The total amount of current assets is 931,104,437.94 RMB, down from 1,018,811,898.95 RMB at the beginning of the period, representing a decrease of approximately 8.6%[17] - Accounts receivable decreased from 154,392,796.55 RMB to 144,975,307.48 RMB, a reduction of approximately 6.5%[17] - Inventory increased from 67,599,196.65 RMB to 72,007,392.52 RMB, an increase of about 6.5%[17] Future Plans and Strategic Focus - The company has plans for market expansion and new product development, although specific details were not disclosed in the provided content[16] - The company reported a decrease in accounts payable from CNY 177,876,298.13 to CNY 120,689,190.41, a reduction of approximately 32.2%[19] - Deferred tax assets remained stable at CNY 1,830,724.89, showing consistency in tax planning strategies[19] Audit and Compliance - The company did not conduct an audit for the first quarter report[25]

| 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2．督导公司建立健全并有效执行规章制度的 | | | 情况 | | | （1）是否督导公司建立健全规章制度（（包括但 | 是 | | 不限于防止关联方占用公司资源的制度、募集 | | | 资金管理制度、内控制度、内部审计制度、关 | | | 联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 12 次 | | （2）公司募集资金项目进展是否与信息披露 | 是 | | 文件一致 | | | 4.公司治理督导情况 | | | （1）列席公司股东大会次数 | 次，均事前或事后审阅会议议案 0 | | （2）列席公司董事会次数 | 0 次，均事前或事后审阅会议议案 | | 5.现场检查情况 | | | （1）现场检查次数 | 1 次 | | （2）现场检查报告是否按照本所规定报送 | 是 | | （3）现场检查发现的 ...

外资态度来看，本期较上一季度新披露的外资机构有 2 家 ，包括MORGAN STANLEY & CO. INTERNATIONAL PLC.、BARCLAYS BANK PLC。 2025年4月21日，威马农机(301533.SZ)发布2024年年度报告。截至2025年4月20日，共有48个机构投资 者披露持有威马农机A股股份，合计持股量达881.63万股，占威马农机总股本的8.97%。其中，前十大 机构投资者包括重庆威创企业管理咨询合伙企业(有限合伙)、重庆宝厚企业营销策划合伙企业(有限合 伙)、中国农业产业发展基金有限公司、威马农机股份有限公司回购专用证券账户、MORGAN STANLEY & CO. INTERNATIONAL PLC.、BARCLAYS BANK PLC、交银安享稳健养老一年A、交银 智选星光混合(FOF-LOF)A、交银慧选睿信一年持有期混合(FOF)A、交银兴享一年持有期混合(FOF)A， 前十大机构投资者合计持股比例达8.93%。相较于上一季度，前十大机构持股比例合计下跌了0.26个百 分点。 公募基金方面，本期较上一季度新披露的公募基金共计42个，主要包括交银安享稳健养老一年A ...

Core Viewpoint - The company is a leading player in the domestic hilly and mountainous agricultural machinery industry, focusing on the research, design, production, and sales of agricultural machinery and other power machinery products, with a commitment to becoming a top global brand in this sector [2][3][10]. Company Overview - The company primarily engages in the development and manufacturing of hilly and mountainous agricultural machinery, including tillage, field management, harvesting, and irrigation machinery, as well as other power machinery products [2][3]. - The product range includes micro tillers, walking transplanters, field management machines, combine harvesters, and centrifugal pumps, among others, catering to various agricultural needs [3][4][5]. Business Model - The company operates an independent R&D, procurement, production, and sales system, generating revenue through direct sales to downstream customers [6][7]. - The procurement strategy is based on a "production-based ordering" model, while the production strategy focuses on "sales-based production" to ensure efficient operations [6][7]. Performance Drivers - Supportive policies from the Ministry of Agriculture and Rural Affairs aim to enhance the quality of agricultural machinery and promote the development of small machinery suitable for hilly areas, providing growth opportunities for the agricultural machinery market [8]. - The agricultural machinery market in China is projected to reach approximately 600 billion yuan by 2024, with a compound annual growth rate (CAGR) of around 5% over the next five years [8]. Market Outlook - The global agricultural machinery market is expected to grow steadily, reaching approximately $200 billion by 2026, with a CAGR of about 3% [9]. - The Asia-Pacific region holds the largest share of the global agricultural machinery market, driven by the demand from developing countries and a large population [9]. Future Strategy - The company plans to focus on smart agriculture and global expansion, emphasizing the development of electric, lightweight, and unmanned technologies [10]. - The establishment of a smart and flexible production base in Chongqing is expected to meet the growing market demand, while the company aims to enhance its product competitiveness and expand its product matrix [10].