徐工集团工程机械股份有限公司独立董事 关于第九届董事会第十三次会议（临时） 审议相关事项的独立意见 根据《深圳证券交易所股票上市规则》《上市公司独立董事 管理办法》《上市公司治理准则》《深圳证券交易所上市公司自律 监管指引第 1 号——主板上市公司规范运作》等法律、法规、规 范性文件和公司《章程》等有关规定，我们作为公司独立董事本 着实事求是、认真负责的态度，基于独立判断立场，对公司第九 届董事会第十三次会议（临时）审议相关事项发表如下独立意见： 独立董事签字： 耿成轩 况世道 杨 林 公司修订高级管理人员薪酬制度符合《公司法》《证券法》 《深圳证券交易所股票上市规则》及其他有关法律、法规、规章 和规范性文件的规定。 - 1 - 公司董事会审议该事项时，决策程序符合相关法律、行政法 规、《深圳证券交易所股票上市规则》《深圳证券交易所上市公司 自律监管指引第 1 号——主板上市公司规范运作》、公司《章程》 和其他有关规定要求，履行了法定程序，未损害中小股东的利益。 鉴于此，同意《关于修订公司<高级管理人员薪酬制度>的议 案》 2023 年 9 月 19 日 ...

徐工集团工程机械股份有限公司 高级管理人员薪酬制度 （2023 年修订） （2023 年 9 月 18 日经第九届董事会第十三次会议（临时）审议通过， 尚待 2023 年第二次临时股东大会审批） 第一章 总则 第一条 为进一步建立健全多种方式长中短期结合的薪酬激励体系， 充分调动高级管理人员的积极性，实现高级管理人员薪酬与股东利益、公 司价值紧密结合，更好地提升公司业绩，确保公司资产的保值增值。公司 董事会薪酬与考核委员会根据《公司法》、《证券法》、《上市公司治理准则》 等法规和公司《章程》的有关规定，依据公司当前经营实际及发展规划， 对原《徐工集团工程机械股份有限公司高级管理人员薪酬制度（2021 年 修订）》进行修订，特制定《徐工集团工程机械股份有限公司高级管理人 员薪酬制度（2023 年修订）》（简称《高管薪酬制度》）。 第二条 《高管薪酬制度》制定基本原则 （一）高级管理人员薪酬与股东利益最大化相一致原则 （六）可操作性原则 第三条 《高管薪酬制度》适用人员 《高管薪酬制度》适用人员为总裁、副总裁、财务负责人、董事会秘 书。 未任命经理层职务但实际履行经理层职责或纳入经理层管理的党委 副书记、纪委书记 ...

证券代码：000425 证券简称：徐工机械 公告编号：2023-58 徐工集团工程机械股份有限公司 第九届董事会第十三次会议（临时）决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 徐工集团工程机械股份有限公司（以下简称"公司"）第九届 董事会第十三次会议（临时）通知于 2023 年 9 月 12 日（星期二） 以书面方式发出，会议于 2023 年 9 月 18 日（星期一）以非现场 的方式召开。公司董事会成员 9 人，出席会议的董事 9 人，实际 行使表决权的董事 9 人：杨东升先生、孙雷先生、陆川先生、 邵丹蕾女士、夏泳泳先生、田宇先生、耿成轩女士、况世道先生、 杨林先生。公司监事、高级管理人员列席了会议。本次会议的召 集、召开和表决程序符合有关法律、法规和公司《章程》的规定， 会议形成的决议合法有效。 二、董事会会议审议情况 本次会议以记名方式投票表决，审议通过以下事项： （一）关于修订公司《高级管理人员薪酬制度》的议案 表决情况为：9 票同意，0 票反对，0 票弃权。 独立董事就此事项发表了独立意见。 本议案尚需提交公司 ...

证券代码：000425 证券简称：徐工机械 公告编号：2023-59 徐工集团工程机械股份有限公司 关于控股子公司徐工汉云技术股份有限公司 增资扩股的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、交易概述 徐工集团工程机械股份有限公司（简称"徐工机械"或"公司"） 的控股子公司徐工汉云技术股份有限公司（简称"徐工汉云"）根 据战略发展需要，拟进行增资扩股，增资金额 5,000 万元，其中 92.9398 万元计入注册资本，4,907.0602 万元计入资本公积。本次 增资由徐州臻心创业投资有限公司出资人民币 5,000 万元，认购 全部新增注册资本 92.9398 万元。 本次募集资金拟用于徐工汉云工业互联网核心技术攻关、重 点产品研发、市场拓展及高端人才引进。公司不参与徐工汉云本 次增资。本次增资完成后，徐工汉云注册资本由 11,228.0701 万 元增加至 11,321.0099 万元。 本次交易不构成关联交易，不构成《上市公司重大资产重组 管理办法》规定的重大资产重组。本事项经董事会审议通过后不 需要提交公司股东大会审议批准。 二、交易标的 ...

证券代码:000425 证券简称:徐工机械 徐工集团工程机械股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|----------------------------------------------------------| | | | 编号:2023-07 | | 投资者关系活动 | √特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | □新闻发布会 | □路演活动 | | | □现场参观 | | | | □其他 | (请文字说明其他活动内容) | | 活动参与人员 | 易方达基金、中欧基金、广发证券等 | | | 时间 | 2023 年 9 月 11 日 | 15:30-17:00 | | 地点 | 公司 615 会议室 | | | 上市公司接待人 | | 董事长杨东升,副总裁、财务负责人于红雨,董事会秘书费广胜 | | 员姓名 | 及相关业务部门负责人 | | | | | | | | | (一)目前公司管理改革措施有哪些? | | ...

投资者关系活动记录表 | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | 类别 | □媒体采访 √业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （请文字说明其他活动内容） | | 活动参与人员 | 华夏基金、汇添富基金、中融基金、上银基金、国融基金、财通 | | | 基金、广发基金等 219 家机构/人员 | | 时间 | 2023 年 8 月 31 日 10:30-12:00 | | 地点 | 网络方式 | | 上市公司接待人 | 副总裁、徐工进出口总经理刘建森，副总裁、财务负责人于红雨， | | 员姓名 | 董事会秘书费广胜及相关业务部门负责人 | | | （一）介绍徐工机械 2023 年上半年经营情况 | | | 1、盈利能力逐季改善 | | | （1）上半年营业收入 512.78 亿元，归母净利润 35.9 亿元。 | | 交流内容及具体 | 其中二季度营业收入 273.8 亿元、同比微增 0.4%；归母净利润 | | 问答记录 | 20.6 亿元、同比增长 30.9%； | | | （2）上半年毛利率 22.86% ...

Shareholder Structure - Hong Kong Securities Clearing Company Limited holds 436,012,142 shares of unrestricted common stock, making it the largest shareholder[127] - Huzhou Yingcan Investment Partnership holds 367,957,139 shares of unrestricted common stock, the second-largest shareholder[127] - China Securities Finance Corporation holds 166,923,243 shares of unrestricted common stock, the third-largest shareholder[127] - The company's top 10 unrestricted common shareholders did not engage in any agreed repurchase transactions during the reporting period[128] - The company's directors and senior executives collectively increased their holdings by 7,400,000 shares during the reporting period[129] - The company's controlling shareholder and actual controller did not change during the reporting period[130] Bond Issuance and Repayment - The company's bond "20 XCMG 01" with a balance of 200 million yuan was fully repaid and delisted on August 25, 2023[132] - The company issued a new bond "23 XCMG 01" with a balance of 200 million yuan and an interest rate of 2.93% on August 11, 2023[134] - The company's bond "21 XCMG 02" with a balance of 270 million yuan and an interest rate of 3.58% will mature on October 19, 2024[134] - The company did not have any overdue bonds or credit rating adjustments during the reporting period[135][136] - The company issued a series of asset-backed notes in 2022 and 2023, with varying interest rates and maturities, such as the 22 XCMG ABN001 Priority A1 with a balance of 85,054 thousand yuan and an interest rate of 3.60%[137] - In 2023, the company issued the 23 XCMG ABN001 Priority A1 with a balance of 170,000 thousand yuan and an interest rate of 2.55%[137] Financial Ratios and Performance - The company's current ratio improved to 1.3741, up by 2.75% compared to the previous year-end, while the debt-to-asset ratio decreased by 1.33 percentage points to 67.45%[140] - The company's quick ratio increased by 2.06% to 0.99 compared to the previous year-end[140] - The company's net profit after deducting non-recurring gains and losses decreased by 6.79% to 337,393.15 thousand yuan compared to the same period last year[140] - The company's EBITDA to total debt ratio increased by 0.21 percentage points to 5.81% compared to the previous year[140] - The company's interest coverage ratio improved by 8.04% to 5.78 compared to the previous year[141] - The company's cash interest coverage ratio decreased significantly by 47.64% to 4.10 compared to the previous year[141] - The company's EBITDA interest coverage ratio increased by 13.52% to 8.06 compared to the previous year[141] Asset and Liability Changes - The company's total liquid assets as of June 30, 2023, amounted to 124,203,432,996.54 yuan, with significant components including monetary funds of 23,638,728,857.77 yuan and accounts receivable of 44,420,025,211.09 yuan[143] - Total assets decreased from 175.09 billion yuan to 170.58 billion yuan, a decrease of 2.57%[144] - Long-term receivables increased from 4.15 billion yuan to 2.62 billion yuan, a decrease of 36.74%[144] - Long-term equity investments increased from 2.37 billion yuan to 3.91 billion yuan, an increase of 64.82%[144] - Development expenditure increased from 813.68 million yuan to 1.13 billion yuan, an increase of 39.43%[144] - Total liabilities decreased from 120.43 billion yuan to 115.05 billion yuan, a decrease of 4.47%[145] - Short-term borrowings decreased from 17.60 billion yuan to 16.52 billion yuan, a decrease of 6.13%[144] - Contract liabilities decreased from 4.97 billion yuan to 4.03 billion yuan, a decrease of 18.89%[144] - Total owner's equity increased from 54.65 billion yuan to 55.53 billion yuan, an increase of 1.61%[145] - Monetary funds decreased from 17.81 billion yuan to 15.60 billion yuan, a decrease of 12.41%[146] - Accounts receivable increased from 6.94 billion yuan to 7.45 billion yuan, an increase of 7.38%[146] Revenue and Expenses - Total operating revenue for the first half of 2023 was RMB 51.28 billion, a decrease of 4.77% compared to RMB 53.85 billion in the same period last year[147] - Operating costs for the first half of 2023 were RMB 46.07 billion, down 5.79% from RMB 48.90 billion in the first half of 2022[147] - R&D expenses increased by 13.27% to RMB 2.07 billion in the first half of 2023, compared to RMB 1.83 billion in the same period last year[148] - Net profit for the first half of 2023 was RMB 3.51 billion, a decrease of 5.24% from RMB 3.71 billion in the first half of 2022[148] - Total liabilities decreased by 5.62% to RMB 30.22 billion in the first half of 2023, compared to RMB 32.02 billion in the same period last year[147] - Long-term borrowings increased by 7.06% to RMB 9.00 billion in the first half of 2023, up from RMB 8.41 billion in the first half of 2022[147] - Sales expenses decreased by 5.67% to RMB 3.44 billion in the first half of 2023, compared to RMB 3.65 billion in the same period last year[148] - Total owner's equity increased by 1.42% to RMB 43.80 billion in the first half of 2023, up from RMB 43.19 billion in the same period last year[147] - Financial expenses showed a net income of RMB 316.89 million in the first half of 2023, compared to a net income of RMB 578.49 million in the same period last year[148] - The company's total assets decreased by 1.58% to RMB 74.02 billion in the first half of 2023, compared to RMB 75.21 billion in the same period last year[147] Comprehensive Income and Profit Distribution - Net loss attributable to minority shareholders was -76,305,787.15 RMB, compared to a profit of 40,908,548.74 RMB in the same period last year[149] - Total comprehensive income for the period was 3,489,649,225.33 RMB, slightly higher than the previous year's 3,457,299,343.45 RMB[149] - Basic and diluted earnings per share were both 0.30 RMB, down from 0.31 RMB in the same period last year[149] - Revenue for the first half of 2023 was 8,204,305,122.46 RMB, a decrease from 9,896,477,351.32 RMB in the same period last year[149] - R&D expenses increased to 495,496,917.90 RMB from 467,813,223.57 RMB, reflecting continued investment in innovation[149] - Investment income was 3,029,423,907.62 RMB, slightly lower than the previous year's 3,146,871,000.35 RMB[150] - Net profit for the period was 3,227,680,085.07 RMB, down from 3,603,946,792.01 RMB in the same period last year[150] - Total comprehensive income for the period was 3,227,978,263.36 RMB, compared to 3,604,276,850.49 RMB in the same period last year[151] - Total comprehensive income for the first half of 2023 was RMB 3,570,123,428.18, with a minority interest deduction of RMB 80,474,202.85, resulting in a net comprehensive income of RMB 3,489,649,225.33[157] - Capital reserves decreased by RMB 454,462,505.63 due to owner contributions and reductions, while treasury stock increased by RMB 402,152,240.74[157] - Profit distribution to owners (or shareholders) amounted to RMB 1,771,077,538.05, with a minority interest deduction of RMB 6,176,117.05, totaling RMB 1,777,253,655.10[158] - Special reserves increased by RMB 26,096,290.02, with a minority interest addition of RMB 692,517.75, resulting in a total increase of RMB 26,788,807.77[158] - The total equity at the end of the period was RMB 55,530,020,121.78, with minority interests amounting to RMB 1,307,524,708.98[159] - In the first half of 2022, total comprehensive income was RMB 3,402,423,182.16, with a minority interest addition of RMB 54,876,161.29, resulting in a net comprehensive income of RMB 3,457,299,343.45[160] - Owner contributions and capital reductions in the first half of 2022 amounted to RMB 1,149,151,225.14, with a minority interest deduction of RMB 64,514,384.10, totaling RMB 1,084,636,841.04[160] - Total owner's equity at the end of the period is RMB 57,349,796,249.05[161] - Comprehensive income for the period totals RMB 3,227,978,263.36[162] - Total profit distribution to owners (or shareholders) is RMB -1,771,077,538.05[163] - Special reserve for the period is RMB 8,350,763.54[163] - Total capital reserve at the end of the period is RMB 18,538,295,194.29[163] - Total undistributed profit at the end of the period is RMB 11,785,007,425.62[163] - Total owner's equity at the beginning of the period is RMB 43,188,137,352.75[162] - Total owner's equity at the end of the period is RMB 43,800,991,583.86[163] - Total capital reserve at the beginning of the period is RMB 18,988,540,211.29[162] - Total undistributed profit at the beginning of the period is RMB 10,328,404,878.60[162] - The company's total owner's equity at the end of the period was RMB 28,338,247,823.04, with a significant increase in comprehensive income of RMB 3,604,276,850.49[166] - The company's registered capital and share capital as of June 30, 2023, were both RMB 11,816,166,093.00[168] - The company's total owner's equity at the beginning of the period was RMB 24,731,374,125.00, with a capital reserve of RMB 5,498,136,143.58[165] - The company's undistributed profit increased by RMB 3,603,946,792.01 during the period[165] - The company's special reserve increased by RMB 2,596,847.55 during the period[166] - The company's other comprehensive income increased by RMB 330,058.48 during the period[165] - The company's total owner's equity increased by RMB 3,606,873,698.04 during the period[165] - The company's capital reserve remained unchanged at RMB 5,498,136,143.58 during the period[166] - The company's surplus reserve remained unchanged at RMB 1,720,163,743.46 during the period[166] - The company's registered capital increased to RMB 7,833,668,430.00 after a private placement in 2018[167] Cash Flow - Sales of goods and services received cash of RMB 50.83 billion, an increase from RMB 48.18 billion in the same period last year[152] - Net cash flow from operating activities decreased to RMB 1.54 billion from RMB 2.91 billion year-over-year[152] - Net cash flow from investing activities was negative RMB 214.92 million, improving from negative RMB 401.47 million in the previous year[153] - Net cash flow from financing activities was negative RMB 4.26 billion, compared to negative RMB 2.01 billion in the same period last year[153] - Cash and cash equivalents at the end of the period decreased to RMB 18.73 billion from RMB 21.39 billion at the beginning of the period[153] - Parent company's net cash flow from operating activities increased significantly to RMB 2.47 billion from RMB 212.82 million year-over-year[154] - Parent company's net cash flow from investing activities was negative RMB 1.23 billion, a decline from positive RMB 1.84 billion in the previous year[155] - Parent company's net cash flow from financing activities was negative RMB 3.20 billion, compared to negative RMB 761.52 million in the same period last year[155] - Parent company's cash and cash equivalents at the end of the period decreased to RMB 15.11 billion from RMB 17.08 billion at the beginning of the period[155] Accounting Policies and Financial Instruments - The company uses the pooling of interests method for accounting treatment of business combinations under common control, measuring assets and liabilities at their book value in the consolidated financial statements of the ultimate controlling party[173] - For business combinations not under common control, the company uses the purchase method, recognizing identifiable assets, liabilities, and contingent liabilities at fair value[174] - The company recognizes goodwill when the cost of a business combination exceeds the fair value of the identifiable net assets acquired, and does not amortize goodwill but tests it for impairment annually[175] - Direct costs related to business combinations, such as audit and legal fees, are expensed as incurred, while costs related to issuing debt or equity securities are included in the initial measurement of the securities[176] - The company consolidates financial statements by adjusting for intercompany transactions and using the equity method for subsidiaries, with adjustments made for any differences in accounting policies or periods[177] - In the case of subsidiaries with excess losses, the parent company's share of losses exceeding its initial equity interest is deducted from the parent's equity, and minority shareholders' excess losses are deducted from minority interests[178] - The company classifies joint arrangements as either joint operations or joint ventures, with joint operations recognized based on the company's share of assets, liabilities, revenues, and expenses[180] - Cash and cash equivalents include cash on hand, demand deposits, and short-term investments with maturities of three months or less that are highly liquid and have minimal risk of value fluctuation[181] - Foreign currency transactions are initially recognized at the spot exchange rate (middle rate) published by the People's Bank of China on the transaction date[182] - At the balance sheet date or settlement date, foreign currency monetary items are adjusted using the spot exchange rate, with exchange differences recognized as financial expenses or capitalized into asset costs[182] - Non-monetary items measured at historical cost are not adjusted for exchange rate changes, while those measured at fair value have exchange differences recognized in current profits or losses[182] - Financial assets are classified into three categories: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[184] - Financial liabilities are classified into two categories: fair value through profit or loss and amortized cost[185] - Financial assets measured at amortized cost use the effective interest method for subsequent measurement, with gains or losses recognized in current profits or losses[186] - Financial assets measured at fair value through other comprehensive income have most gains or losses recognized in other comprehensive income, except for impairment losses, exchange differences, and interest income[186] - Financial liabilities measured at fair value through profit or loss have most changes in fair value recognized in current profits or loss, except for those caused by changes in the company's own credit risk[187] - Financial liabilities measured at amortized cost are subsequently measured using the amortized cost method, with gains or losses recognized in current profits or losses upon derecognition or amortization[187] - The company recognizes financial asset transfers based on the transfer of risks and rewards, with specific conditions for termination and continuation of recognition[188] - Financial liabilities are derecognized when the present obligation is discharged, with the difference between the carrying amount and the consideration paid recognized in profit or loss[188] - Financial assets and liabilities are presented separately in the balance sheet and can only be offset under specific conditions[188] - Equity instruments are treated as equity changes, and the company does not recognize changes in their fair value[189] - The fair value of financial instruments is determined using market quotes or valuation techniques, with observable inputs prioritized[190] - The company measures expected credit losses for financial assets based on a three-stage model, considering past events, current conditions, and future economic forecasts[191] - Simplified methods are used for measuring expected credit losses for receivables and contract assets without significant financing components[192] - Credit risk is assessed based on changes in default probability, with a 30-day overdue payment typically indicating a significant increase in credit risk[192] - The company uses a combination approach to assess credit risk for receivables, grouping them based on credit risk characteristics[193] - Inventory is classified into various categories, and the cost of goods sold is calculated using the weighted average method[195] - The company uses the perpetual inventory system and conducts regular physical inventory counts[196] - Contract assets represent the company's right to receive consideration for goods transferred to customers, primarily including completed but unsettled assets[197] - Long-term equity investments obtained through cash payments are recorded at the actual purchase price, including directly related fees and taxes[198] - Long-term equity investments acquired through equity securities are recorded at the fair value of the issued securities[199] - For long-term equity investments accounted for using the equity method, the company adjusts the carrying amount based on its share of the investee's net profits and other comprehensive income[200]

证券代码：000425 证券简称：徐工机械 徐工集团工程机械股份有限公司 投资者关系活动记录表 编号：2023-05 | --- | --- | --- | |----------------|---------------------------|------------------------------------------------------| | 投资者关系活动 | √特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | □新闻发布会 | □路演活动 | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 活动参与人员 | 华商基金 张月 | | | 时间 | 2023 年 7 月 4 日 | | | 地点 | 公司 211 会议室 | | | 上市公司接待人 | 证券部刘敏芳 | | | 员姓名 | | | | | （一）互动交流 | | | | 1、目前对市场预判？ | | | | | 答：公司目前对行业全年的预判是：受宏观经济和行业 | | | | 周期性影响，行业全年有望筑底企稳，公司将跑赢行业。公 | | | | ...

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证券代码：000425 证券简称：徐工机械 徐工集团工程机械股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|------------------------------------------------------| | | | 编号：2023-04 | | 投资者关系活动 | √特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | □新闻发布会 | □路演活动 | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 活动参与人员 | 海通证券、南方基金等 | 人 | | 时间 | 2023 年 5 月 10 日 | | | 地点 | 公司 211 会议室 | | | 上市公司接待人 | 证券部副部长李栋，证券部刘敏芳 | | | 员姓名 | | | | | （一）公司目前情况？ | | | | 答：2023 | 年一季度，公司营业收入 238.13 亿元，归母 | | | 净利润 15.23 | 亿元，销 ...