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苏威孚B:2022年半年度报告摘要(英文版)2022-08-23  

                                                                                                 无锡威孚高科技集团股份有限公司 2022 年半年度报告摘要




Stock Code: 000581, 200581                                                                          Public Notice No: 2022-052


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



                       Weifu High-Technology Group Co., Ltd.
                          Summary of Semi-Annual Report 2022
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.


All directors are attend the Meeting for the 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 information

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
Contact add.                            No.5 Huashan Road, Xinwu District, Wuxi            No.5 Huashan Road, Xinwu District, Wuxi
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



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                                                                              无锡威孚高科技集团股份有限公司 2022 年半年度报告摘要


                                                                                                           Changes in the current period
                                                                                   Same period of last       compared with the same
                                                         Current period
                                                                                         year               period of the previous year
                                                                                                                        (+,-)
Operation income (RMB)                                     7,321,835,360.98            9,037,691,756.24                         -18.99%
Net profit attributable to shareholders of the
                                                           1,232,762,710.95            1,645,389,487.32                         -25.08%
listed company(RMB)
Net profit attributable to shareholders of the
listed company after deducting non-recurring               1,269,045,170.40            1,702,220,554.09                         -25.45%
gains and losses(RMB)
Net cash flows arising from operating
                                                           -2,493,982,044.89              80,191,609.17                      -3,210.03%
activities (RMB)
Basic earnings per share (RMB/Share)                                    1.25                       1.66                         -24.70%
Diluted earnings per share (RMB/Share)                                  1.25                       1.66                         -24.70%
Weighted average ROE                                                  6.24%                       8.72%                          -2.48%
                                                                                                           Changes at end of the current
                                                       Current period-end        period-end of last year   period compared with the end
                                                                                                               of previous year (+,-)
Total assets (RMB)                                        31,402,279,358.05           27,970,858,427.84                          12.27%
Net assets attributable to shareholder of listed
company (RMB)                                             18,976,164,813.52           19,398,607,689.65                          -2.18%


3. Amount of shareholders of the Company and particulars about shares holding
                                                                                                                            Unit: share
Total common stock shareholders at                              Total preference shareholders with voting rights
                                                       68,720                                                                          0
end of the reporting period                                     recovered at end of reporting period (if applicable)
                                                            Top ten shareholders
                                                                                                                        Information of
                                                                 Proportion                           Amount of         shares pledged,
                                              Nature of                            Amount of
      Full name of Shareholders                                  of shares                         restricted shares   tagged or frozen
                                             shareholder                           shares held
                                                                    held                                  held         State of     Amo
                                                                                                                         share       unt
Wuxi Industry Development Group            State-owned
                                                                     20.23%         204,059,398
Co., Ltd.                                  corporate
                                           Foreign
Robert Bosch Co., Ltd                                                14.16%         142,841,400
                                           corporate
Hong Kong Securities Clearing              Foreign
                                                                      2.20%          22,213,969
Company                                    corporate
BBH BOS S/A FIDELITY FD -                  Foreign
                                                                      1.40%          14,122,915
CHINA FOCUS FD                             corporate
NSSF - 413                                 Other                      0.72%           7,230,000
FIDELITY INVMT TRT FIDELITY                Foreign
                                                                      0.70%           7,043,386
INTL SMALL CAP FUND                        corporate
Shanghai Chongyang Strategic
Investment Co., Ltd. - Chongyang           Other                      0.55%           5,500,106
Strategy YZ Funds
Industrial and Commercial Bank of
China Limited - Fullgoal CSI Bonus         Other                      0.39%           3,943,482
Enhanced Securities Investment Fund
                                           Domestic
Xie Zuogang                                                           0.38%           3,812,086
                                           nature person
Basic Pension Insurance Fund- 1003         Other                      0.34%           3,422,856
                                                                Among the aforesaid shareholders, there has no associated relationship
                                                                between Wuxi Industry Development Croup Co., Ltd. and other
Explanation on associated relationship among the                shareholders, the first largest shareholder of the Company; and they do
aforesaid shareholders                                          not belong to the persons acting in concert regulated by the
                                                                Management Measure of Information Disclosure on Change of
                                                                Shareholding for Listed Company.


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                                                                    无锡威孚高科技集团股份有限公司 2022 年半年度报告摘要


4. Changes in controlling shareholders or actual controllers

Change of controlling shareholder during the reporting period
□ApplicableNot applicable
The Company had no change of controlling shareholder during the reporting period



Change of actual controller during the reporting period
□ApplicableNot applicable
The Company had no change of actual controller during the reporting period


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

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

(1) The company’s business conditions during the reporting period
Since this year, the Company has implemented the annual work targets conscientiously, facing the rigorous
macroeconomic and downward pressure of the auto industry, we achieved a performance better than the industry
standard by actively carried out various measures to cope with the challenges. During the reporting period,
operation revenue from the Company was 7.322 billion yuan, down 18.99% from the same period of last year; the
net profit attributable to shareholder of listed company amounted to 1.233 billion yuan, 25.08% drop from the
same period of previous year.

(2) Main work carried out by the company during the reporting period
1. Improved marketing management and accelerated market expansion. Exhaust gas treatment system: steadily
expanded the hybrid market, and key platform projects had a high acquisition rate. Air management system: air
intake products have entered the supply system of many new customers and gradually acquired projects; gasoline
superchargers achieved mass production, and the sales had a rapid growth. Diesel fuel injection system: the T4
Off-road market of dispensing pump expanded vigorously, with a high coverage rate of major customers and
projects. seized the export order market, mechanical products grew rapidly, and Inline pump exports far exceeded
expectations. New business products: continued to expand the leading enterprise customers of the electric drive
parts business; accelerated the hydrogen fuel cell business, and newly acquired a number of domestic and foreign
customer projects such as "one membrane and two plates", hydrogen circulating pumps, and valve BOP products;
promoted 3D radar mass production projects in an orderly manner, and focused on expanding 4D radar customer
projects; reached cooperation intentions with some customers in wheel motor business.
2.Strengthened technological innovation and promoted new product research and development. Diesel fuel
injection system: dual-fuel direct injection products jointly developed localization projects with customers, and

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completed the first round of customer engine performance tests; developed platform projects such as methanol
pumps and methanol injectors; carried out research on hydrogen internal combustion engine injection and other
projects. Exhaust gas treatment system: in terms of passenger vehicles, completed the development of the light-
duty diesel vehicle purifier platform stage has been , and the batch production of key projects of several key
customers has been completed; in terms of commercial vehicles, completed the development and production
conversion of a number of National VI platforms and customer projects; for non-road, completed the
announcement certification of customers and the development of key projects for many customers. Air intake
system: National VI diesel engine and natural gas projects were progressing in an orderly manner; the gasoline
supercharger products achieved SOPs for several projects, and successfully obtained the hybrid projects of major
customers; the 48V electric supercharger completed the A sample review. At the same time, key R&D projects
such as hydrogen fuel cells and intelligent network connections were progressing steadily as planned.
3. Optimized strategic planning and promoted investment cooperation. Optimized the company's new strategic
blueprint, and formed a new strategic pattern for the comprehensive development of the four major sectors of
"energy saving and emission reduction", "green hydrogen energy", "smart electric" and "other core components";
completed the global capacity planning and production capacity investment planning of hydrogen fuel cells,
formulated strategic development planning for PEM water electrolysis hydrogen production system equipment,
and carried out new energy industrial park project planning. Completed the strategic business product planning for
the electric drive core parts business, thermal management system and core parts business, and continued to
optimize the development planning for the millimeter-wave radar business. Comprehensively promoted global
capacity building investment in hydrogen energy business, completed investment in R&D and capacity expansion
of IRD and Borit; successively established hydrogen energy divisions and hydrogen fuel cell joint ventures, and
accelerated capacity building in the Asia-Pacific region; implemented thermal management system and parts
business investment cooperation, and VH M&A projects were progressing in an orderly manner; participated in
the investment of industrial funds related to automobiles, and sought cooperation opportunities in the upstream
and downstream industry chains. In the fields of water electrolysis for hydrogen production from renewable
energy sources, intelligent network connection and other fields, we investigated potential cooperation projects,
and actively planned for cooperation possibilities.
4.Strengthened quality management and promoted information construction. Deepened the effective
implementation of Q11 on site, built a Q11 training base; established development quality management
capabilities, improved the identification of quality valves for software evaluation needs, introduced positive
development quality tools, improved software FMEA and special feature management maturity; created a special
follow-up re-examinations mechanism for quality improvement; organized the product review of 17 types of core
products; promoted the launch of the measuring instrument management system in the business department, and
unified and standardized the management requirements for measuring instruments. The project management
system was released to promote the point-to-point connection of the whole process of engineering projects; the
construction of R&D building, new energy industry bases and other projects were steadily advanced. The SAP S4
HANA upgrade project was officially launched, realizing the upgrade of application version and the migration of
historical data, and optimizing the system capabilities; the process management system project was launched,


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realizing the systematic application of products from design to process management, and standardizing the
management process of process data.; the IT service platform has been operating online.
5. Promoted management upgrade and improved operating efficiency. Completed the performance review and
signing of the company’s organization at all levels, cooperated with the budget management to complete the
business plan and budget succession, and formed an optimization plan; promoted the inspection, tracking and
correction of business monitoring, analysis, and performance of the business department. Optimized the
procurement system, improved the procurement system documents, upgraded the supplier classification, and
refined the supplier performance management plan, so as to ensure the continuous and efficient operation of the
procurement business. Strengthened the management of inventory and slow-moving materials, strictly reviewed
the production scheduling plan of slow-moving products and conducted regular inspections. Continued to promote
the operation of the company's risk control compliance internal audit trinity and three risk prevention and control
management mechanisms. Strengthened the introduction of talents related to strategic new businesses, and
optimized the allocation of talent teams; multi-dimensionally promoted the "San Hang Yi Jiang” talent capacity
development project, continued to carry out school-enterprise cooperation, and strengthened the training of
industrial workers.




                                                                BOD Of Weifu High-Technology Group Co., Ltd.
                                                                                   23 August 2022




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