潍柴动力2024 中期报告

Contents Corporate Information2Financial Summary6Management Discussion and Analysis7Auditors’ Review Report34Reviewed Financial StatementsConsolidated Balance Sheet35Company Balance Sheet38Consolidated Income Statement40Company Income Statement42Consolidated Statement of Changes in Equity43Company Statement of Changes in Equity45Consolidated Cash Flow Statement46Company Cash Flow Statement48Notes to Financial Statements50Supplemental InformationSchedule of Extraordinary Profit and Loss330Return on Net Assets (“RONA”) and Earnings Per Share (“EPS”)331Other Information332 Corporate Information DirectorsExecutive DirectorsMa Changhai(appointed as Chairman on 12 August 2024) Zhang Quan(Vice Chairman)Wang Decheng(Chief Executive Officer)Sun ShaojunYuan HongmingMa XuyaoTan Xuguang(resigned as Chairman and Executive Director on 12 August 2024) Richard Robinson SmithMichael Martin Macht Non-executive Directors Zhang LiangfuRichard Robinson SmithMichael Martin Macht Independent Non-executive DirectorsJiang YanChi DeqiangZhao FuquanXu BingTao Huaan(appointed on 10 May 2024)Yu Zhuoping(retired on 10 May 2024) Supervisors Wang YanleiWang XuewenZhao Yongchang (ACCA) Company SecretaryHu Yunyun(ACCA) Secretary to the BoardGao Tianchao Corporate Information (Continued) Securities Affair Representative Wu Di197, Section A, Fu Shou East StreetHigh Technology Industrial Development ZoneWeifangShandong ProvinceThe People’s Republic of ChinaPostal Code: 261061Tel: (86) (536)-229 7056Fax: (86) (536)-819 7073Website: http://www.weichaipower.com 197261061(86) (536)-229 7056(86) (536)-819 7073http://www.weichaipower.com Authorised Representatives Ma ChanghaiHu Yunyun Registered Address and Headquartersof the Company 197261061(86) (536)-229 7056(86) (536)-819 7073http://www.weichaipower.com 197, Section A, Fu Shou East StreetHigh Technology Industrial Development ZoneWeifangShandong ProvinceThe People’s Republic of ChinaPostal Code: 261061Tel: (86) (536)-229 7056Fax: (86) (536)-819 7073Website: http://www.weichaipower.com Place of Business in Hong Kong 168-2002102–03 Unit 2102-03, China Merchants TowerShun Tak Centre168-200 Connaught Road CentralHong Kong Legal Advisor Reed Smith Richards Butler LLP AuditorKPMG Huazhen LLP Corporate Information (Continued) Audit Committee Jiang Yan(Chairman)Chi DeqiangZhao FuquanXu BingTao Huaan(appointed on 10 May 2024)Yu Zhuoping(retired on 10 May 2024) Strategic Development and InvestmentCommittee Michael Martin Macht Ma Changhai(appointed as Chairman on 12 August 2024)Michael Martin Macht(Vice-chairman)Zhang QuanWang DechengSun ShaojunYuan HongmingMa XuyaoZhang LiangfuTao Huaan(appointed on 10 May 2024)Tan Xuguang(resigned on 12 August 2024)Yu Zhuoping(retired on 10 May 2024) Remuneration Committee Jiang Yan(Chairman)Zhang LiangfuZhao Fuquan Nomination Committee Chi Deqiang(Chairman)Ma ChanghaiXu Bing Principal Bankers Industrial and Commercial Bank of ChinaChina Construction Bank CorporationBank of ChinaHSBC Corporate Information (Continued) H Hong Kong H-Share Registrar and TransferOffice 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716 17th Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong Share Information Number of issued shares as at30 June 2024:8,726,556,821 Shares(6,783,516,821 A Shares,and 1,943,040,000 H Shares) 8,726,556,8216,783,516,821A1,943,040,000H H1,000HA100A Abbreviation of the Company’s share and Stock Codes Stock Exchange Listings A Shares:Shenzhen Stock Exchange A H H Shares:The Stock Exchange of Hong Kong Limited(the “Hong Kong Stock Exchange”) Investors and Media Relations (86) 536-229 7056(86) 536-819 7073www.weichaipower.com Capital Operation DepartmentTel: (86) 536-229 7056Fax: (86) 536-819 7073Website: www.weichaipower.com (852) 2851 1038(852) 2598 1588www.wsfg.hk Tel: (852) 2851 1038Fax: (852) 2598 1588Website: www.wsfg.hk Financial Summary •Revenue amounted to approximately RMB112,490 million, an increase ofapproximately 6.0%. Management Discussion and Analysis The Directors are pleased to present a management discussion and analysis ofthe results of operations of the Group for the six months ended 30 June 2024(the “Period” or the “reporting period”) as follows: I.Industry Analysis The Company is one of the vehicle and equipment manufacturingconglomerates in the PRC with the best comprehensive strengths. Ourdevelopment vision is to become a world leading, well-respected andsustainably developing multinational group of intelligent industrialequipment, with complete vehicles and machineries as the leadingbusiness, and with powertrain as the core technology support. Overthe years, the Company has been dedicated to the dual-wheel driveof product management and capital operation and striving to developcompetitive products in terms of three key aspects: quality, technologyand cost efficiency, thereby developing a new pattern of synergeticdevelopment among business seg