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苏威孚B:2021年半年度报告摘要(英文版)2021-08-24  

                                                                                                 无锡威孚高科技集团股份有限公司 2021 年半年度报告摘要




Stock Code: 000581, 200581                                                                                  Public Notice No: 2021-033

Short Form of the Stock: WFHT, Su Weifu-B


                          Weifu High-Technology Group Co., Ltd.
                          Summary of Semi-Annual Report 2021
I. Important Notice

The summary is abstract from full-text of semi-annual report, for more details of operating results, financial condition and future
development plan of the Company; investors should found in the full-text that published on media appointed by CSRC.
Whole directors of the Company attend the Board Meeting for semi-annual report deliberation.
Prompt of non-standard audit opinion
□ Applicable   √ Not applicable

Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reporting
period
□ Applicable     √ Not applicable


There is no plan of cash bonus, dividend distribution and capitalizing of common reserves carried out by the Company
Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□ Applicable     √ Not applicable


II. Company profile

1. Company Profile

Short form of the stock          WFHT, Su Weifu-B                        Stock code                    000581, 200581
Stock exchange for listing       Shenzhen Stock Exchange
Person/Way to contact                           Secretary of the Board                            Rep. of security affairs
Name                             Liu Jinjun                                           Xu Kan
Office add.                      No.5, Huashan Road, Xinwu District, Wuxi City        No.5, Huashan Road, Xinwu District, Wuxi City
Tel.                             0510-80505999                                        0510-80505999
E-mail                           Web@weifu.com.cn                                     Web@weifu.com.cn


2. Main financial data and indexes

Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes √ No

                                                            Current period       Same period of last year       Changes over last year
Operating income (RMB)                                        9,037,691,756.24            6,594,403,624.56                      37.05%
Net profit attributable to shareholders of the listed
                                                              1,645,389,487.32            1,326,344,424.98                      24.05%
company (RMB)




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                                                                         无锡威孚高科技集团股份有限公司 2021 年半年度报告摘要



Net profit attributable to shareholders of the listed
company after deducting non-recurring gains and                  1,702,220,554.09           1,175,574,728.86                    44.80%
losses (RMB)
Net cash flow arising from operating activities
                                                                   80,191,609.17              437,657,072.41                   -81.68%
(RMB)
Basic earnings per share (RMB/Share)                                         1.66                        1.32                   25.76%
Diluted earnings per share (RMB/Share)                                       1.66                        1.32                   25.76%
Weighted average ROE                                                       8.72%                       7.80%                     0.92%
                                                                                                                Changes over period-end
                                                           Current period-end        period-end of last year
                                                                                                                     of last year
Total assets (RMB)                                             27,779,188,733.05           27,350,695,388.21                     1.57%
Net assets attributable to shareholder of listed
                                                               18,435,134,764.13           18,282,017,990.66                     0.84%
company (RMB)


3. Number of shares and share-holding

                                                                                                                               In Share
Total common stock                                                   Total preference shareholders with
shareholders at the end of the                               69,815 voting rights recovered at the end of                             0
reporting period                                                     reporting period (if applicable)
                                                          Top ten shareholders
                                                                  Proportion                      Amount of      Information of shares
                                                     Nature of                   Amount of                       pledged, tagged or
          Full name of Shareholders                                of shares                       restricted
                                                    shareholder                  shares held                     frozen
                                                                      held                        shares held     State of share Amount

                                                   State-owned
Wuxi Industry Development Group Co., Ltd.                               20.22%      204,059,398
                                                   corporate
                                                   Foreign
ROBERT BOSCH GMBH                                                       14.16%      142,841,400
                                                   corporate
Hong Kong Securities Clearing Company              Foreign
                                                                         5.80%       58,474,174
Ltd. (HKSCC)                                       corporate
BBH BOS S/A FIDELITY FD - CHINA                    Foreign
                                                                         1.57%       15,833,515
FOCUS FD                                           corporate
Basic Pension Insurance Fund- 1003                 Other                 1.20%       12,105,618
FIDELITY INVMT TRT FIDELITY INTL                   Foreign
                                                                         0.70%        7,043,386
SMALL CAP FUND                                     corporate
NSSF - 116                                         Other                 0.58%        5,865,698
                                                   State-owned
Haitong Securities Company Limited                                       0.49%        4,965,301
                                                   corporate
NSSF - 413                                         Other                 0.48%        4,830,000
GTJA- Allianz Fund - China Pacific Life
Insurance Co., Ltd. - With-profit insurance -
GTJA- Allianz Fund CPIC Equity Relative            Other                 0.47%        4,714,900
Income (Guaranteed Dividend) Single Asset
Management Plan
                                                           Among the top ten shareholders, there has no associated relationship
                                                           between Wuxi Industry Development Croup Co., Ltd. and other
Explanation on associated relationship among the aforesaid
                                                           shareholders, the first largest shareholder of the Company; and they
shareholders
                                                           do not belong to the consistent actionist regulated by the
                                                           Management Measure for the acquisition of Listed Company.
Shareholders involving margin business (if applicable)     N/A




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                                                              无锡威孚高科技集团股份有限公司 2021 年半年度报告摘要



4. Changes of controlling shareholders or actual controller

Controlling shareholder changed in the Period
□ Applicable   √ Not applicable
Controlling shareholders had no change in reporting period.
Actual controller changed in the Period
□ Applicable   √ Not applicable
Actual controller had no change in reporting period.


5. Total preferred shareholders and top 10 shares held by preferred shareholders

□ Applicable √ Not applicable
The Company has no preferred shareholders


6. Bonds in existence as of the approval date of the semi-annual report

□ Applicable √ Not applicable




III. Important Matters

(i) The company’s business conditions during the reporting period
Since this year, the company has seriously implemented the annual work goal, seized the development
opportunities of automobile industry, especially the commercial vehicles, and both production and sales of main
products including diesel fuel injection system products, automobile exhaust after-treatment system products and
air management system products have been thriving. The company's main economic indicators in the first half of
the year has maintained better growth compared with the same period last year. During the reporting period, the
Company achieved an operating income of 9.038 billion yuan, an increase of 37.05% over the same period of the
previous year; the net profit attributable to shareholder of parent company has 1.645 billion yuan, an increase of
24.05% over the same period last year.
(ii) Main work carried out by the company during the reporting period
1. Seize market opportunities and improve marketing management. The company seized the market development
opportunities of the automobile industry, especially the commercial vehicles, dynamically focused on the annual
key projects and indicator schedules. Driven by factors such as China VI standard switching, over-limit control
and infrastructure projects, the sales of diesel fuel injection system products and automobile exhaust
after-treatment system products have increased significantly, and the share of the company's main products and
strategic customers in the market has increased. The current China VI projects have been making steady progress,
and new business projects such as hydrogen fuel cells and intelligent networks have achieved positive progress.
The company has accelerated the integration and training of marketing team, continuously improved the operation
mechanism of the key customer manager platform, focused on core strategic customers and key customers, and
achieved remarkable results in the new energy field. The company's new image and new brand have been steadily
promoted, and the major exchange activities with customers have been carried out intensively.



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                                                           无锡威孚高科技集团股份有限公司 2021 年半年度报告摘要



2. Strengthen technological innovation and accelerate new layout. Key research and development projects such as
diesel fuel injection system, automobile exhaust after-treatment system, air management system, hydrogen energy
fuel cell, and intelligent network has been promoting steadily as planned. We deepened the business planning of
the core components of hydrogen fuel cell, promoted the feasibility study of producing hydrogen by water
electrolysis, promoted the construction planning of the hydrogen energy department, and obtained the support of
government departments for the development of hydrogen energy business; further improved the planning of
environmental situation awareness in the intelligent safeguard field, and combined with the intelligent cockpit to
complete a new round of intelligent network planning. In order to seek opportunities for coordinated development
of the industrial chain, we have completed the investments in Qingdao Shang Qi Hui Zhu Zhan Xin Industry
Investment Fund and Wuxi Auto-link World Information Technology Co., Ltd., improved the cooperative
management mode of new business and overseas subsidiaries, and made positive progress in customer
cooperation and market application of new business.
3. Strengthen quality management and promote intelligent manufacturing. Improved the evaluation standards for
the product quality full lifecycle management maturity and the preparation process of 5M1E full factors maturity
and completed the pilots; planned and organized special work of high quality improvement in production,
strengthened the effectiveness of employee raising hands, review and rectification implementation in process
quality control. Intelligent manufacturing system projects such as WMS and MES continued to advance and
gradually put into service, and the construction of intelligent factories proceeded in an orderly manner, 5G+
Innovation Lab completed the infrastructure work and subject system design, information security system
completed construction and passed the on-site audit of the ISO27001 system, and built EHS information
regulatory platform and imported the safety process S-FMEA control.
4. Promote management upgrade and improve business benefits. Established a "one report one meeting"
management monitoring mechanism and put into normal operation. Completed the launch of the main plan of the
common rail parts collaborative system, promoted the raw material quality management improvement project, and
strengthened the analysis and disposal of slow flow materials.      Continuously optimized the sharing service
platform, and further promoted cost standardization and refined management, and asset operation quality and fund
operating efficiency had continuous improvement. Continuously carried out risk control capacity building and
self-investigation work of business division risk control compliance. Further implemented the ten measures for
human resources control, planned and organized the "Three Sail One Master" special training activities,
formulated salary structural adjustment programs, and continued to enhance internal fairness and external
competitiveness.



                                                               BOD Of Weifu High-Technology Group Co., Ltd.
                                                                                24 August 2021




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