本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：600761 证券简称：安徽合力 公告编号：2025-052 安徽合力股份有限公司 2025年第一次临时股东大会决议公告 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东会召开的时间：2025 年 9 月 29 日 (二) 股东会召开的地点：安徽省合肥市方兴大道 668 号公司行政楼一楼报 告厅 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 496 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 491,347,217 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 55.1646 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况 等。 本次会议由公司董事会召集，现场会议由杨安国先生主持，公司其他董事、 监事、高管和公司聘请的法律顾问参加了会议，会议采用现场投 ...

Core Insights - Anhui Heli's stock price increased by 2.06% on September 29, reaching 21.83 CNY per share, with a total market capitalization of 19.444 billion CNY [1] - The company has seen a year-to-date stock price increase of 28.04%, with a recent decline of 1.53% over the last five trading days [1] Financial Performance - For the first half of 2025, Anhui Heli reported revenue of 9.39 billion CNY, a year-on-year increase of 4.24%, while net profit attributable to shareholders was 796 million CNY, a slight decrease of 0.89% [2] - Cumulative cash dividends since the company's A-share listing amount to 4.218 billion CNY, with 1.304 billion CNY distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased to 38,700, with an average of 22,995 circulating shares per shareholder, a decrease of 3.45% [2] - The fourth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 15.4027 million shares, down by 8.6099 million shares from the previous period [3]

Core Insights - Hefei is undergoing a significant "intelligent manufacturing" revolution, redefining its position in the global industrial landscape [1] - The city is rapidly building an internationally competitive intelligent manufacturing industry system, as evidenced by visits to key enterprises [1] Group 1: Key Companies and Their Innovations - Lenovo's manufacturing base in Hefei has become a global hub, achieving an industrial output value of 105.7 billion yuan last year, and has maintained over 100 billion yuan in both industrial output and revenue for five consecutive years [4] - Lenovo's Hefei facility produces 40 million personal computers annually, accounting for one in every eight laptops sold globally, and is recognized as one of the 201 global "lighthouse factories" [3] - Anhui Heli Forklift's smart factory features automated guided vehicles (AGVs) that enhance logistics efficiency, with electric product sales expected to increase by 28% year-on-year by June 2025 [5] - NIO's intelligent factory showcases advanced manufacturing technologies, including robotic arms and a unique battery swapping station that enhances user experience [8] Group 2: Industry Growth and Trends - Hefei has emerged as a major center for the automotive industry in China, with new energy vehicle production exceeding 1.35 million units last year, marking an 81% increase and accounting for over 10% of the national total [6] - The city's GDP has crossed seven trillion yuan milestones over the past decade, entering the "trillion club," and has become a popular city for young people in the Yangtze River Delta [10] - The transition from traditional manufacturing to intelligent manufacturing in Hefei is characterized by technological advancements and collaborative industrial chains, marking a significant evolution in the region's manufacturing capabilities [10]

Market Overview - The engineering machinery sector experienced a decline of 1.32% on September 25, with Shanhe Intelligent leading the drop [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Individual Stock Performance - Shanhe Intelligent's stock price fell by 7.98% to 13.38, with a trading volume of 1.44 million shares and a transaction value of 199.8 million [2] - Other notable declines included Huadong Heavy Machine down 5.25% and Wantong Hydraulic down 4.22% [2] - In contrast, Zhongji United and Changling Hydraulic saw slight increases of 1.11% and 0.82%, respectively [1] Capital Flow Analysis - The engineering machinery sector saw a net outflow of 785 million from institutional investors, while retail investors contributed a net inflow of 714 million [2] - The table of capital flow indicates that individual stocks like Weiman Sealing and Xugong Machinery had varying levels of net inflow and outflow from different investor types [3]

Summary of Forklift Industry Conference Call Industry Overview - The forklift industry is experiencing a significant growth trend in the unmanned forklift segment, with leading companies like Hangcha and Heli actively investing in this area and collaborating with technology firms such as Jiushi Intelligent and Xidi Zhijia to develop relevant technologies [1][3][5] - The global market for forklifts is showing a demand split, with retail, e-commerce, and logistics accounting for approximately 50% of the market share. Domestic sales are recovering due to policy-driven demand for upgrades, while exports continue to grow steadily [1][6] Key Insights - The unmanned forklift segment is expected to see substantial growth in the second half of 2025, with a low penetration rate currently but significant potential for expansion. The year 2025 is referred to as the "Year of Unmanned Forklifts" [3][9] - Lithium battery-driven large forklifts have seen sales growth exceeding 40%, with the lithium battery penetration rate for large models rising to over 30% since 2018. The trend of lithium battery replacing internal combustion engines is expected to continue [1][7] - The unmanned forklift industry is characterized by low penetration and high growth, driven by technological advancements such as laser navigation and machine vision, as well as economic benefits [3][12] Company Developments - Hangcha has made significant progress in unmanned technology, owning Guozhi Robotics and collaborating with Huawei to develop intelligent solutions. Heli is also partnering with various tech companies to advance unmanned technology [5][19] - Both companies are expected to be among the first to achieve mass production of robots, supported by favorable policies [5][20] Market Dynamics - The demand for traditional and lithium battery-driven electric forklifts is showing clear differentiation, with a notable recovery in domestic sales driven by policy support [6][19] - The average price of AGVs has decreased significantly from 600,000 yuan in 2018 to 220,000 yuan in 2023, while the average price of unmanned forklifts remains lower than that of AGVs, indicating a potential for cost reduction and margin improvement [13] Future Outlook - The development of unmanned mining trucks and unmanned logistics vehicles presents vast opportunities, with these devices capable of performing complex tasks in industrial settings [8] - The industry is expected to see a market opportunity worth hundreds of billions, providing a chance for valuation re-evaluation for related companies [8][20] Financial Performance - Heli is projected to achieve a performance of 1.6 billion yuan next year, corresponding to a 12x valuation, while Hangcha is expected to reach 2.5 billion yuan, corresponding to a 15x valuation. Both companies have significant growth potential, with estimates suggesting a 50% increase in market value [19][20] Conclusion - The unmanned forklift segment is poised for rapid growth, driven by technological advancements and favorable market conditions. Companies like Hangcha and Heli are well-positioned to capitalize on these trends, with strong potential for valuation increases and market share expansion [20][21]

Market Performance - The engineering machinery sector increased by 1.46% on September 24, with Zhongli Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Zhongli Co., Ltd. (603194) closed at 46.10, up 4.80% with a trading volume of 106,100 shares and a turnover of 482 million yuan [1] - Shantui Co., Ltd. (000680) closed at 10.31, up 4.78% with a trading volume of 697,400 shares and a turnover of 713 million yuan [1] - Hangcha Group (603298) closed at 29.61, up 4.08% with a trading volume of 159,900 shares and a turnover of 472 million yuan [1] - Anhui Heli (600761) closed at 22.64, up 2.91% with a trading volume of 168,500 shares and a turnover of 377 million yuan [1] - Yizhong Heavy Industry (600031) closed at 22.25, up 2.87% with a trading volume of 967,400 shares and a turnover of 2.133 billion yuan [1] Capital Flow Analysis - The engineering machinery sector saw a net inflow of 10.48 million yuan from institutional investors, while retail investors contributed a net inflow of 82.71 million yuan [2] - The sector experienced a net outflow of 93.19 million yuan from speculative funds [2] Stock-Specific Capital Flow - Yizhong Heavy Industry (600031) had a net inflow of 36.5 million yuan from institutional investors, but a net outflow of 10 million yuan from speculative funds [3] - Zhongli Co., Ltd. (603194) saw a net inflow of 55.55 million yuan from institutional investors, while retail investors had a net outflow of 57.80 million yuan [3] - Hangcha Group (603298) experienced a net inflow of 32.24 million yuan from institutional investors, with a net outflow of 7.20 million yuan from retail investors [3]

Core Viewpoint - Anhui Heli (600761.SH) is utilizing part of its temporarily idle raised funds for cash management, specifically through structured deposits with Industrial Bank, while ensuring that this does not affect the normal operations and project investments of the company [1][2]. Group 1: Fundraising and Investment Management - On December 19, 2022, the company raised a total of 2.043 billion yuan through a public offering of convertible bonds [2]. - The company plans to use up to 750 million yuan of the temporarily idle raised funds for cash management [2]. - As of September 17, the company has purchased 29 principal-protected floating income bank wealth management products in the past 12 months, utilizing 530 million yuan of the available investment quota, with 220 million yuan remaining [1]. Group 2: Recent Financial Activities - On March 13, the company subscribed to a structured deposit product from Industrial Bank for 60 million yuan, which matured on September 15, yielding a return of 729,900 yuan [1]. - Following the maturity, the company subscribed to two additional structured deposit products from Industrial Bank, totaling 70 million yuan [1]. - The company emphasizes that the use of idle funds for cash management is aimed at improving the efficiency of fund utilization without altering the intended use of the raised funds [1].

Core Viewpoint - Anhui Heli's stock price has shown significant growth this year, with a year-to-date increase of 31.61% and a market capitalization of 19.987 billion yuan as of September 24 [1] Group 1: Stock Performance - On September 24, Anhui Heli's stock rose by 2.00%, reaching 22.44 yuan per share, with a trading volume of 162 million yuan and a turnover rate of 0.82% [1] - The stock has increased by 0.63% over the last five trading days, 16.27% over the last 20 days, and 20.78% over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Anhui Heli reported a revenue of 9.39 billion yuan, representing a year-on-year growth of 4.24%, while the net profit attributable to shareholders was 796 million yuan, a decrease of 0.89% year-on-year [2] - The company has distributed a total of 4.218 billion yuan in dividends since its A-share listing, with 1.304 billion yuan distributed in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Anhui Heli increased to 38,700, up by 3.57%, while the average circulating shares per person decreased by 3.45% to 22,995 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 15.4027 million shares, a decrease of 8.6099 million shares from the previous period, while Southern CSI 1000 ETF is a new entrant with 5.7532 million shares [3] Group 4: Business Overview - Anhui Heli, established on September 30, 1993, and listed on October 9, 1996, specializes in the research, development, manufacturing, and sales of industrial vehicles and key components, with a revenue composition of 98.78% from forklifts and parts [1] - The company operates in the machinery equipment sector, specifically in engineering machinery, and is involved in various concepts including new energy vehicles, high dividends, and share buybacks [1]

经中国证券监督管理委员会《关于核准安徽合力股份有限公司公开发行可转 换公司债券的批复》（证监许可[2022]2887 号）核准，并经上海证券交易所同 意，公司向社会公开发行可转换公司债券 2,047.505 万张，每张面值为人民币 100 元，募集资金总额为 2,047,505,000 元，扣除发行费用人民币 4,327,271.89 元（不含税）后，实际募集资金净额为人民币 2,043,177,728.11 元。上述资金 于 2022 年 12 月 19 日到达公司募集资金专户，经容诚会计师事务所（特殊普通 合伙）予以验资并出具《验资报告》（容诚验字[2022]230Z0358 号）。 证券代码：600761 证券简称：安徽合力 公告编号：临 2025-051 安徽合力股份有限公司 关于注销部分募集资金专户的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 二、募集资金存放和管理情况 为规范募集资金的使用与管理，保护投资者权益，根据《上市公司监管指引 第 2 号——上市公司募集资金管理和使用的监管要求》《上海证券交 ...

Company Overview - Anhui Heli Co., Ltd. is located in Hefei Economic and Technological Development Zone, established on September 30, 1993, and listed on October 9, 1996. The company specializes in the research, manufacturing, and sales of industrial vehicles, smart logistics, and key components, as well as aftermarket services such as parts service, financing leasing, vehicle leasing, maintenance services, and remanufacturing [1][2]. Financial Performance - As of June 30, 2025, Anhui Heli reported a revenue of 9.39 billion yuan, representing a year-on-year growth of 4.24%. However, the net profit attributable to shareholders decreased by 0.89% to 796 million yuan [2]. - The company has cumulatively distributed 4.218 billion yuan in dividends since its A-share listing, with 1.304 billion yuan distributed over the past three years [3]. Stock Performance - On September 22, Anhui Heli's stock price fell by 2.00% to 22.05 yuan per share, with a trading volume of 161 million yuan and a turnover rate of 0.81%. The total market capitalization is 19.64 billion yuan [1]. - Year-to-date, the stock price has increased by 29.33%, with a 6.27% rise over the last five trading days, 16.73% over the last 20 days, and 24.30% over the last 60 days [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 3.57% to 38,700, with an average of 22,995 circulating shares per person, a decrease of 3.45% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 15.4027 million shares, down by 8.6099 million shares from the previous period. The Southern CSI 1000 ETF is the tenth largest shareholder, holding 5.7532 million shares as a new entrant [3]. Market Position - Anhui Heli is classified under the machinery equipment sector, specifically in engineering machinery, and is involved in concepts such as new energy vehicles, machinery, high dividend yield, share buybacks, and margin financing [1].