证券代码：603298 证券简称：杭叉集团 公告编号：2025-029 杭叉集团股份有限公司 高管减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 高管持股的基本情况 股东名称 王国强 股东身份 控股股东、实控人及一致行动人 □是 √否 直接持股 5%以上股东 □是 √否 董事、监事和高级管理人员 √是 □否 其他：不适用 持股数量 1,209,439股 持股比例 0.0923% 当前持股股份来源 IPO 前取得：511,632股 其他方式取得：697,807股 一、减持主体减持前基本情况 1 上述减持主体无一致行动人。 二、减持计划的实施结果 (一)大股东及董监高因以下事项披露减持计划实施结果： 披露的减持时间区间届满 | 股东名称 | 王国强 | | --- | --- | | 减持数量 | 17,500股 | | 减持期间 | 2025 年 3 月 11 日～2025 年 6 月 10 日 | | 减持方式及对应减持数 | 集中竞价减持，17,500 股 | | 量 | | | ...

杭叉集团股份有限公司 证券代码：603298 证券简称：杭叉集团 公告编号：2025-029 1 上述减持主体无一致行动人。 高管减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 高管持股的基本情况 本次减持计划实施前，杭叉集团股份有限公司（以下简称"公司"）副 总 经 理 王 国 强 先 生 持 有 公 司 股 票 1,209,439 股 ， 约 占 公 司 总 股 本 1,309,812,049 股的 0.0923%。上述股份来源于首次公开发行前持有的股份 及上市后以资本公积金转增方式及其他方式取得的股份。 减持计划的实施结果情况 截至本公告披露日，王国强先生已通过集中竞价交易减持公司无限售 流通股 17,500 股，占公司总股本 0.0013%。本次减持计划实施过程严格遵 守相关法律法规及上海证券交易所业务规则的规定，不存在违规情形。 股东名称 王国强 股东身份 控股股东、实控人及一致行动人 □是 √否 直接持股 5%以上股东 □是 √否 董事、监事和高级管理人员 √是 □否 其 ...

关于参股公司首次公开发行股票上市的公告 证券代码：603298 证券简称：杭叉集团 公告编号：2025-028 杭叉集团股份有限公司 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。 杭叉集团股份有限公司（以下简称"公司"）参股公司中策橡胶集团股份有限 公司（以下简称"中策橡胶"）拟于 2025 年 6 月 5 日在上海证券交易所主板上市， 证券简称：中策橡胶，证券代码：603049，发行价格为 46.50 元/股。具体内容详见 中策橡胶于 2025 年 6 月 4 日在上海证券交易所网站（www.sse.com.cn）披露的《中 策橡胶首次公开发行股票主板上市公告书》。 截至本公告披露日，公司通过杭州中策海潮企业管理有限公司间接持有中策橡 胶发行前总股本的 11.44%，发行后总股本的 10.30%（以下简称"本项投资"）。 杭叉集团股份有限公司董事会 2025 年 6 月 5 日 根据企业会计准则相关规定，公司将本项投资按照"长期股权投资"科目列报， 并对其采用"权益法"进行核算。中策橡胶上市后，公司对其会计核算方法不会发 ...

Core Points - The company announced a cash dividend of 0.5 CNY per share for its A shares, totaling approximately 654.91 million CNY to be distributed to shareholders [1][2][5] - The record date for the dividend distribution is set for May 27, 2025, with the ex-dividend date on May 28, 2025, and the payment date also on May 28, 2025 [1][2] - The dividend distribution plan was approved at the annual shareholders' meeting held on May 8, 2025 [1] Dividend Distribution Details - The total number of shares for the dividend calculation is 1,309,812,049 shares, with a cash dividend of 0.5 CNY per share [1] - The company will distribute dividends through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [1][2] - For individual shareholders holding unrestricted circulating shares, the actual cash dividend received will be 0.5 CNY per share, with tax implications based on the holding period [2][3][4] Tax Implications - Shareholders holding shares for more than one year will not be subject to personal income tax on the dividend [2][3] - For shares held for less than one year, the tax will be calculated upon the transfer of shares, with a withholding tax rate of 10% applied [3][4] - For foreign institutional investors, a 10% withholding tax will also apply, resulting in a net dividend of 0.45 CNY per share after tax [4][5]

证券代码：603298 证券简称：杭叉集团 公告编号：2025-027 杭叉集团股份有限公司2024年年度权益分派实施公告 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法律责任。 重要内容提示： 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 8 日的2024年年度股东会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 每股分配比例 A 股每股现金红利0.5元。 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/5/27 | － | 2025/5/28 | 2025/5/28 | 差异化分红送转：否 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 （2）派送红股或转增股本的，由中国结算上海分公司根据股权登记日上海证 券交易所收市后登记在册股东持股 ...

Core Viewpoint - The report highlights the steady improvement in profitability of Hangcha Group, with a positive outlook on its overseas business growth potential, leading to an "Accumulate" rating for the company [1] Financial Performance - In 2024, the company achieved operating revenue of 16.486 billion yuan, a year-on-year increase of 1.15% - The net profit attributable to shareholders was 2.022 billion yuan, up 17.86% year-on-year, while the net profit after deducting non-recurring gains and losses was 1.989 billion yuan, also up 17.82% year-on-year [1] - For Q1 2025, the operating revenue reached 4.506 billion yuan, a year-on-year increase of 8.02%, with a net profit of 436 million yuan, up 15.18% year-on-year [1] Profitability Metrics - The company achieved a historical best sales net profit margin of 13.11% in 2024, an increase of 1.84 percentage points year-on-year - The gross profit margin was 23.55%, up 2.77 percentage points year-on-year, with domestic and international gross profit margins at 18.74% and 30.72%, respectively [1] Market Position - The forklift industry saw a total sales volume of 1.2855 million units in 2024, a year-on-year increase of 9.52% - Hangcha Group sold approximately 280,000 units, a growth of 14.06% year-on-year, capturing about 22% of the market share [1] R&D and Product Development - In 2024, the company invested 774 million yuan in R&D, representing 4.7% of its revenue, and plans to develop humanoid intelligent logistics robots - The company launched new energy products, including high-pressure lithium battery forklifts and hydrogen fuel cell forklifts, with over 63% of its sales coming from new energy products [2] International Expansion - The company achieved a record overseas sales volume of over 100,000 units in 2024, generating foreign revenue of 6.846 billion yuan, a year-on-year increase of 4.75%, contributing 41.53% to total revenue - New overseas companies were established in the US, Europe, Indonesia, and Japan, with a manufacturing base in Thailand [2] Strategic Development - The company formed three major business groups focusing on intelligent logistics, high machines, and lithium batteries, with a contract amount exceeding 1 billion yuan for the first time in 2024 - The company plans to distribute a total cash dividend of 655 million yuan, representing 32.39% of the net profit attributable to shareholders, with a corresponding dividend yield of approximately 2.5% [3] Investment Outlook - The company is expected to benefit from the accelerating trends of high-end, digital, green, and international development in the forklift industry - EPS forecasts for 2025, 2026, and 2027 are 1.74, 1.94, and 2.14 yuan, respectively, with corresponding PE ratios of 11.1, 10.0, and 9.1 [4]

Investment Rating - The report assigns an "Accumulate-A" rating for the company, indicating a positive outlook for its stock performance in the next 6-12 months [7]. Core Views - The company has shown steady improvement in profitability, with a historical best sales net profit margin of 13.11% in 2024, and a significant increase in both revenue and net profit in Q1 2025 [4][5]. - The company is well-positioned to benefit from the accelerating trends of high-end, digital, green, and international development in the forklift industry, leveraging its brand effect, economies of scale, and technological advancements [7]. Financial Performance - In 2024, the company achieved operating revenue of 16,486 million yuan, a year-on-year increase of 1.15%, and a net profit of 2,022 million yuan, up 17.86% year-on-year [3][9]. - For Q1 2025, the company reported operating revenue of 4,506 million yuan, a year-on-year increase of 8.02%, and a net profit of 436 million yuan, up 15.18% year-on-year [3][4]. Profitability Metrics - The gross profit margin for 2024 was 23.55%, an increase of 2.77 percentage points year-on-year, with domestic and international margins at 18.74% and 30.72%, respectively [4]. - The company’s return on equity (ROE) for 2024 was 19.9%, indicating strong profitability relative to shareholder equity [9][14]. Market Position and Growth - The company sold approximately 280,000 units in 2024, a year-on-year growth of 14.06%, capturing about 22% of the market share in the forklift industry, which grew by 9.52% [4][5]. - The company’s overseas sales reached a historical high of over 100,000 units in 2024, contributing 41.53% to total revenue, with significant expansion in international markets [5]. Research and Development - The company invested 774 million yuan in R&D in 2024, accounting for 4.7% of revenue, and plans to develop humanoid intelligent logistics robots [4][5]. - The introduction of new energy products, including high-pressure lithium battery forklifts and hydrogen fuel cell forklifts, has led to over 63% of sales coming from new energy products in 2024 [4]. Shareholder Returns - The company plans to distribute a total cash dividend of 655 million yuan, with a dividend payout ratio of 32.39% of net profit, corresponding to a dividend yield of approximately 2.5% [5].

Investment Rating - The report assigns an "Accumulate-A" rating to the company for the first time [1][7]. Core Views - The company's profitability is steadily improving, with a historical best sales net profit margin achieved in 2024. The first quarter of 2025 showed better-than-expected growth [4][7]. - The company is focusing on technological empowerment and leading in new energy products, with plans to develop humanoid intelligent logistics robots [4][5]. - The company is optimizing its overseas layout, achieving a record high in overseas product sales and revenue contribution [5][7]. Financial Performance - In 2024, the company achieved operating revenue of 16,486 million yuan, a year-on-year increase of 1.15%, and a net profit attributable to shareholders of 2,022 million yuan, up 17.86% year-on-year [3][4]. - For Q1 2025, the company reported operating revenue of 4,506 million yuan, a year-on-year increase of 8.02%, and a net profit of 436 million yuan, up 15.18% year-on-year [3][4]. - The gross profit margin for 2024 was 23.55%, an increase of 2.77 percentage points year-on-year, with a sales net profit margin of 13.11%, also a historical best [4]. Market Position and Strategy - The company sold approximately 280,000 units in 2024, a year-on-year increase of 14.06%, outperforming the industry growth rate of 9.52%, capturing about 22% market share [4]. - The company is investing heavily in R&D, with an expenditure of 774 million yuan in 2024, accounting for 4.7% of revenue [4]. - The company is expanding its overseas presence, with over 10 new overseas companies established and a manufacturing base in Thailand [5]. Shareholder Returns - The company plans to distribute a total cash dividend of 655 million yuan, with a dividend payout ratio of 32.39% of net profit attributable to shareholders, corresponding to a dividend yield of approximately 2.5% [5]. Earnings Forecast - The expected EPS for 2025-2027 is projected to be 1.74, 1.94, and 2.14 yuan, respectively, with corresponding P/E ratios of 11.1, 10.0, and 9.1 [7].

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 23.8 CNY [2][5] Core Views - The company has shown impressive growth in 2024, with a revenue increase of 1.2% year-on-year, reaching 16.49 billion CNY, and a net profit increase of 17.9%, totaling 2.02 billion CNY [10] - The company is benefiting from the ongoing electrification and globalization trends in the industry, with electric forklift sales continuing to grow significantly [10] - The overseas revenue contribution has increased, accounting for 41.5% of total revenue, with a year-on-year growth of 5% [10] Financial Performance Summary - Revenue for 2023 was 16.30 billion CNY, with a projected increase to 16.49 billion CNY in 2024, and further growth expected to 17.99 billion CNY in 2025 [4] - The company's gross profit margin is expected to improve from 20.8% in 2023 to 23.6% in 2024, and net profit margin is projected to rise from 10.5% to 12.3% in the same period [4] - The net profit attributable to the parent company is forecasted to grow from 1.72 billion CNY in 2023 to 2.02 billion CNY in 2024, and further to 2.23 billion CNY in 2025 [4] Market Position and Competitive Landscape - The company is positioned as a leader in the forklift industry, with a strong focus on electric models, which are expected to dominate future sales [10] - The report highlights the competitive advantage gained through international expansion and product diversification, particularly in electric forklifts [10]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 23.8 CNY [2][5] Core Views - The company has shown impressive growth in 2024, with a revenue increase of 1.2% year-on-year, reaching 16.49 billion CNY, and a net profit growth of 17.9%, totaling 2.02 billion CNY [10] - The electric forklift market is experiencing rapid growth, with the overall sales of forklifts in 2024 reaching 1.2855 million units, a year-on-year increase of 9.52% [10] - The company's international expansion is deepening, with overseas revenue accounting for 41.5% of total revenue, reflecting a 1.4 percentage point increase year-on-year [10] Financial Performance Summary - Revenue for 2023 was 16.299 billion CNY, with a projected increase to 16.486 billion CNY in 2024, and further growth to 17.993 billion CNY in 2025, representing a year-on-year growth of 1.1% and 9.1% respectively [4] - The company's gross profit margin is expected to improve from 20.8% in 2023 to 23.6% in 2024, and net profit margin is projected to increase from 10.5% to 12.3% in the same period [4] - The net profit attributable to the parent company is forecasted to rise from 1.716 billion CNY in 2023 to 2.022 billion CNY in 2024, and further to 2.233 billion CNY in 2025, indicating a year-on-year growth of 17.9% [4] Market Position and Valuation - The company is positioned as a leader in the forklift industry, with a significant market share and a strong focus on electric and globalized operations [10] - The average price-to-earnings (P/E) ratio for comparable companies is noted to be around 14 times for 2025, which supports the target price of 23.8 CNY for the company [2][11]