Core Viewpoint - The company reported a mixed performance in the first half of 2025, with a decrease in revenue but an increase in net profit, highlighting ongoing innovation and international expansion efforts. Financial Performance - Total assets reached 9.093 billion, an increase of 3.03% from the beginning of the period - Net assets attributable to shareholders amounted to 2.998 billion, up by 1.99% - Operating revenue was 3.215 billion, a year-on-year decrease of 7.4% - Net profit attributable to shareholders was 246 million, a year-on-year increase of 2.28% [1] - Net profit after deducting non-recurring gains and losses was 218 million, an increase compared to the same period last year [1] Business Development - The intelligent manufacturing equipment segment maintained an advantage in overseas markets, with steady growth in orders for electric forklifts and warehouse trucks [1] - The company launched over 30 new products during the reporting period, enhancing its product line with innovations such as the A series forklifts and lightweight handling vehicles [1] - The company increased its focus on technological innovation and market expansion, resulting in a significant improvement in the quality of new orders [1] R&D Achievements - R&D investment for the reporting period was 129 million, leading to recognition as a quality benchmark in Zhejiang's manufacturing sector [2] - The company established a joint laboratory with Zhejiang University to explore embodied intelligent robotics, resulting in the development of the Nobot II robot [2][3] - As of June 2025, the company held 654 valid patents, including 173 invention patents, and participated in the formulation of numerous national and industry standards [3] Market Trends - The domestic forklift rental market has exceeded 10 billion annually, providing a complementary growth avenue for the forklift industry [3] - The company is actively investing in the rental market to enhance brand market share and improve operational flexibility for customers [3] International Strategy - The company is deepening its internationalization through a "global production base + localized channels" strategy [4] - Production capacity is supported by facilities in China, Malaysia, and Vietnam, with expansion in Europe through financing [4] - The company is experiencing growth in emerging markets in Southeast Asia and steady orders in North America and Europe [4]

Core Viewpoint - The company, Noli Intelligent Equipment Co., Ltd., is preparing for its 2024 Annual General Meeting, focusing on its operational performance, financial results, and future strategies in the context of a complex global economic environment. Group 1: Meeting Details - The Annual General Meeting will be held on May 19, 2025, at the company's office in Changxing County, Zhejiang Province [1] - Voting will occur through a trading system from 9:15 AM to 3:00 PM on the day of the meeting [1] - The meeting will be presided over by the chairman or a designated director [1] Group 2: Financial Performance - As of the end of the reporting period, the company reported total assets of 88.25 billion RMB, a decrease of 3.00% from the beginning of the year [6] - The net profit attributable to shareholders was 4.62 billion RMB, an increase of 0.91% year-on-year [6] - Operating revenue reached 69.79 billion RMB, reflecting a year-on-year increase of 0.23% [6] Group 3: Business Development and Strategy - The company emphasizes "full-domain innovation" and aims to deepen its focus on product research and development, supply chain cost reduction, and production line upgrades [7] - The intelligent manufacturing equipment segment has shown stable growth, with a strong demand for electric forklifts in both domestic and international markets [7] - The company launched over 30 new products in 2024, enhancing its product line and focusing on electric and intelligent solutions [7] Group 4: Industry Trends - The global automated logistics and warehousing market is experiencing rapid growth, driven by the need for smart factories and automated systems [17] - National policies are increasingly supporting smart manufacturing and logistics, creating favorable conditions for industry growth [19] - The forklift industry is transitioning towards electric and intelligent solutions, with significant market opportunities arising from government policies promoting the replacement of old diesel vehicles [21] Group 5: Future Outlook - The company plans to accelerate its global expansion, particularly in the electric forklift sector, and enhance its competitive edge through product innovation [26] - Continued investment in digital transformation and technology development is a priority to maintain market leadership [26] - The company aims to optimize resource allocation and improve brand culture to achieve long-term growth [26]