Interim Report

中期報告Corporate Profile 公司簡介

Zhengzhou Coal Mining Machinery the predecessor of ZCZL Industrial Technology Group Company Limited (the “Company” or “ZCZL” together with its

subsidiaries collectively referred to as the “Group”) was established in 1958 and incorporated in the People’s Republic of China (the “PRC”) on 6 November

2002 as a limited liability company and incorporated in the PRC as a joint stock company with limited liability on 28 December 2008. The Company’s A shares

were listed on the Main Board of Shanghai Stock Exchange on 3 August 2010. The Company’s H shares were listed on the Main Board of The Stock Exchange

of Hong Kong Limited (the “Stock Exchange”) on 5 December 2012.The Group is the world’s largest supplier of comprehensive coal mining technology as well as equipment and an internationally leading automotive parts

manufacturer. Its business encompasses multiple segments including coal mining machinery automotive parts industrial intelligence and investment. The

Group has 31 production R&D and sales bases located in 17 countries worldwide with over 16000 employees.The principal business of the Group’s coal mining machinery segment is the R&D design production sales and full life-cycle services of complete sets of

equipment for integrated coal mining working faces. Its products are used by major coal industry groups throughout the country and have been exported to

the United States Australia Türkiye India Vietnam and other countries. The coal mine hydraulic support with the highest supporting height and the highest

resistance globally the first domestically-produced complete set and intelligent equipment for integrated mining supplied by an individual manufacturer and

the first domestically-produced exported complete set equipment for integrated mining were all independently researched developed and manufactured by the

Group and the market share of the Group’s hydraulic supports ranks first in the industry.The Group’s automotive parts segment has a brand matrix encompassing SEG SES and ASIMCO among others. Our products mainly cover two major fields:

commercial vehicles and passenger cars providing core components such as power systems thermal management systems chassis systems sealing

systems drive systems and new energy electric drive systems. Through a comprehensive product portfolio the Group continues to provide efficient and reliable

technical solutions for the commercial vehicle and passenger car markets.The Group’s industrial intelligence segment focuses on the needs of industrial intelligence and digital transformation providing integrated services of “intelligentmining & intelligent factory”. In the smart mining sector it provides customers with a one-stop solution from intelligent working faces to smart mines and from

underground intelligent mining to open-pit intelligent mining supporting unmanned and reduced-manpower mining operations. In the intelligent factory sector

the Group has built a complete capability to deliver integrated software and hardware solutions through solution-based services providing core modules such

as intelligent production line transformation intelligent warehousing and logistics manufacturing execution systems and advanced production scheduling

systems to customers in industries such as mechanical processing automotive parts shipping and steel structures. This has enabled the Group to develop

core competitiveness in integrated software and hardware solutions facilitating cross-sector and cross-industry empowerment and helping enhance the overall

level of intelligence in China’s manufacturing industry.The Group’s established operating history high-quality products strong R&D capabilities advanced manufacturing processes and extensive sales and service

network are the keys to its success and enable it to maintain its leading position in the market.中創智領（鄭州）工業技術集團股份有限公司（「本公司」或「公司」或「中創智領」，連同其附屬公司，合稱「本集團」）的前身為鄭州煤礦機械廠，始建於1958年，於2002年11月6日在中華人民共和國（「中國」）註冊成立為有限責任公司，於2008年12月28日在中國註冊成立為股份制有限公司。本公司的A股於2010年8月3日在上海證券交易所主板上市。本公司的H股於2012年12月5日在香港聯合交易所有限公司（「聯交所」）主板上市。

本集團是全球規模最大的煤礦綜採技術和裝備供應商、國際領先的汽車零部件製造企業，業務涉及煤礦機械、汽車零部件、工業智能、投資等多個業務板塊，擁有31個生產研發銷售基地，遍佈全球17個國家，員工逾16000名。

本集團煤機板塊主營業務為煤炭綜採工作面成套裝備的研發、設計、生產、銷售和全壽命周期服務，產品遍佈全國各大煤業集團，先後出口到美國、澳大利亞、土耳其、印度、越南等國家。世界支護高度最高、工作阻力最大的煤礦液壓支架，國內首套由單一廠家供應的成套化智能綜採工作面以及國內首套成套化綜採出口裝備，均由本集團自主研製，液壓支架市場佔有率穩居行業第一。

本集團汽車零部件板塊旗下擁有索恩格(SEG)、索恩格電動(SES)和亞新科(ASIMCO)等品牌矩陣，產品主要覆蓋商用車與乘用車兩大領域，提供動力系統、熱管理系統、底盤系統、密封系統、驅動系統及新能源電驅動系統等核心零部件。本集團通過完善的產品組合，持續為商用車及乘用車市場提供高效、可靠的技術解決方案。

本集團工業智能板塊聚焦行業智能化、數字化轉型需求，提供「智能開採+智能工廠」一體化服務。在智慧礦山領域，為客戶提供從煤礦智能工作面到智慧礦山、從井工開採智能到露天開採智能的一站式解決方案，支撐煤礦無人化、少人化開採。在智能工廠領域，打造以方案服務帶動軟硬一體交付的完整能力，為機械加工、汽車零部件、船舶、鋼構等行業客戶提供智能產線改造、智能倉儲物流、製造執行系統、高級排產系統等核心模塊，形成「軟硬協同」的解決方案核心競爭力，實現跨領域、多行業賦能，助力中國製造業智能化水平整體提升。

本集團悠久的經營歷史、優質產品、強勁的研發能力、先進的製造流程及龐大的銷售及服務網絡乃是公司達到成功的關鍵，並使本集團能夠維持市場領先地位。Contents 目錄Corporate Information 公司資料 2

Chairman’s Statement 董事長報告書 4

Management Discussion and Analysis 管理層討論與分析 9

Directors and Chief Executives 董事及最高行政人員 17

Material Events 重要事項 23

Report on Review of 簡明綜合財務資料的審閱報告 25

Condensed Consolidated Financial Statements

Condensed Consolidated Statement of 簡明綜合損益及其他全面收益表 27

Profit or Loss and Other Comprehensive Income

Condensed Consolidated 簡明綜合財務狀況表 29

Statement of Financial Position

Condensed Consolidated 簡明綜合權益變動表 31

Statement of Changes in Equity

Condensed Consolidated 簡明綜合現金流量表 33

Statement of Cash Flows

Notes to the Condensed 簡明綜合財務報表附註 35

Consolidated Financial StatementsCorporate Information公司資料

Directors 董事

Mr. Jiao Chengyao (Chairman and Executive Director) 焦承堯先生（董事長兼執行董事）

Mr. Jia Hao (Vice Chairman Executive Director and Employee 賈浩先生（副董事長、執行董事、職工董事）

Representative Director) 孟賀超先生（執行董事）

Mr. Meng Hechao (Executive Director) 李開順先生（執行董事）

Mr. Li Kaishun (Executive Director) 崔凱先生（非執行董事）

Mr. Cui Kai (Non-executive Director) 季豐先生（獨立非執行董事）

Mr. Ji Feng (Independent Non-executive Director) 方遠先生（獨立非執行董事）

Mr. Fang Yuan (Independent Non-executive Director) 姚艷秋女士（獨立非執行董事）

Ms. Yao Yanqiu (Independent Non-executive Director)

Strategy and Sustainable Development Committee 戰略與可持續發展委員會

Mr. Jiao Chengyao (Chairman) 焦承堯先生（主席）

Mr. Jia Hao 賈浩先生

Mr. Meng Hechao 孟賀超先生

Mr. Li Kaishun 李開順先生

Ms. Yao Yanqiu 姚艷秋女士

Audit and Risk Management Committee 審計與風險管理委員會

Mr. Ji Feng (Chairman) 季豐先生（主席）

Mr. Cui Kai 崔凱先生

Ms. Yao Yanqiu 姚艷秋女士

Nomination Committee 提名委員會

Ms. Yao Yanqiu (Chairman) 姚艷秋女士（主席）

Mr. Ji Feng 季豐先生

Mr. Jia Hao 賈浩先生

Remuneration and Assessment Committee 薪酬與考核委員會

Mr. Ji Feng (Chairman) 季豐先生（主席）

Mr. Jia Hao 賈浩先生

Mr. Fang Yuan 方遠先生

Auditors 核數師

International auditors: 國際：

Deloitte Touche Tohmatsu 德勤 *關黃陳方會計師行

35/F One Pacific Place 88 Queensway Hong Kong 香港金鐘道88號太古廣場一期35樓

Domestic auditors: 境內：

BDO CHINA SHU LUN PAN Certified Public Accountants LLP 立信會計師事務所（特殊普通合夥）

4th Floor No. 61 Nanjing East Road Shanghai 200002 上海市南京東路61號4樓，郵編：200002

Principal Place of Business in Hong Kong 香港主要營業地點

40/F Dah Sing Financial Centre 248 Queen’s Road East Wanchai Hong Kong 香港灣仔皇后大道東248號大新金融中心40樓

Registered Office in the PRC 中國註冊辦事處

No. 167 9th Street Zhengzhou Section 中國河南自貿試驗區鄭州片區（經開）

(Econ-Tech Development Zone) of China (He’nan) Pilot Free Trade Zone PRC 第九大街167號

2 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Corporate Information

公司資料

Headquarters in the PRC 中國總辦事處

No. 167 9th Street Zhengzhou Section 中國河南自貿試驗區鄭州片區（經開）

(Econ-Tech Development Zone) of China (He’nan) Pilot Free Trade Zone PRC 第九大街167號

Company’s Website 公司網站

www.zczl.cn www.zczl.cn

H Share Registrar H股股份登記處

Computershare Hong Kong Investor Services Limited 香港中央證券登記有限公司

Shops 1712–1716 17th Floor Hopewell Centre 香港灣仔皇后大道東183號

183 Queen’s Road East Wanchai Hong Kong 合和中心17樓1712–1716號舖

A Share Registrar A股股份登記處

Shanghai Branch 中國證券登記結算有限責任公司

China Securities Depository and Clearing Corporation Limited 上海分公司

No. 188 Yanggao South Road Pudong New District Shanghai 上海市浦東新區楊高南路188號

Stock Codes 股份代碼

H Share: 00564 (The Stock Exchange of Hong Kong Limited) H股：0056（4 香港聯合交易所有限公司）

A Share: 601717 (Shanghai Stock Exchange) A股：60171（7 上海證券交易所）

Principal Banks 主要往來銀行

Industrial and Commercial Bank of China Limited 中國工商銀行股份有限公司

Jianshe Road Branch Zhengzhou 鄭州建設路支行

No. 11 West Jianshe Road Zhongyuan District Zhengzhou Henan Province PRC 中國河南省鄭州市中原區建設西路11號

China Construction Bank 中國建設銀行股份有限公司

Zhengzhou Jinshui Branch 鄭州金水支行

No. 29 Jinshui Road Jinshui District Zhengzhou Henan Province PRC 中國河南省鄭州市金水區金水路29號

Company Secretaries 公司秘書

Mr. Zhang Yichen 張易辰先生

Ms. Chan Yin Wah (resignation EFFECTIVE from 26 May 2026) 陳燕華女士（於2026年5月26日離任）

Ms. Au Yeung Lai Yee (appointed on 26 May 2026) 歐陽麗儀女士（於2026年5月26日獲委任）

Authorized Representatives 授權代表

Mr. Jiao Chengyao 焦承堯先生

Mr. Zhang Yichen 張易辰先生

Legal Advisers 法律顧問

As to Hong Kong law: 香港法律：

Clifford Chance 高偉紳律師行

As to PRC law: 中國法律：

Haiwen & Partners 海問律師事務所

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 3Chairman’s Statement

董事長報告書

In the first half of 2026 global economic growth momentum moderated to a 2026年上半年，全球經濟增長動能有所放緩，地緣政治certain extent with geopolitical conflicts energy price fluctuations and changing 衝突、能源價格波動和貿易環境變化加劇外部不確定

trade environments exacerbating external uncertainties. China’s economy 性。中國經濟延續恢復態勢，高技術製造業和出口保持continued its recovery trend with the high-tech manufacturing sector and 韌性，但部分行業需求不足、市場競爭加劇等壓力仍然exports maintaining resilience yet pressures such as insufficient demand in 存在。

certain industries and intensifying market competition persisted.Confronting the complex and volatile domestic and international environment 面對複雜多變的國內外環境，公司圍繞「成為全球領先the Company centered on its vision of “becoming a globally leading and 並可持續發展的智能工業解決方案提供商」願景，堅持sustainable provider of intelligent industrial solutions” adhered to technology- 科技創新引領，統籌穩基本盤、拓增量、促轉型、強管driven innovation as its guiding principle and coordinated efforts to stabilize 理、防風險，加快數字化、智能化、電動化和全球化轉its basic foundation expand new growth drivers promote transformation 型。於截至2026年6月30日止6個月期間（「報告期」），煤strengthen management and mitigate risks while accelerating the 機板塊積極應對市場需求和價格競爭壓力，持續改善transformation in terms of digital intelligent electric and globalization. For the 回款和現金流；汽車零部件板塊傳統業務總體保持穩

six months ended 30 June 2026 (the “reporting period”) the coal mining 定，新能源和智能底盤業務加快拓展；工業智能板塊新machinery segment actively responded to pressures from market demand 產品、新業務保持良好發展趨勢，公司業務結構持續優and price competition continued to improve cash collections and cash flows; 化，轉型發展取得積極進展。

the automotive parts segment maintained overall stability in its traditional

businesses while accelerating expansion in new energy and intelligent chassis

businesses; the industrial intelligence segment sustained a sound development

trend in new products and new businesses. The Company’s business structure

continued to optimize with positive progress achieved in transformation and

development.During the reporting period the Group achieved total operating revenue of 報告期內，公司實現營業總收入人民幣18772.09百萬RMB18772.09 million total profit of RMB1668.87 million and net profit 元，利潤總額人民幣1668.87百萬元，歸屬於上市公司attributable to shareholders of the listed company of RMB1613.15 million. 股東的淨利潤人民幣1613.15百萬元。

(I) Deepening Digital Transformation and Promote （一） 深化數字化轉型，推動人工智能與the Accelerated Integration of AI with Our 業務加快融合

Business

The Company continued to advance the implementation of its digital 公司持續推進數字化轉型規劃落地，進一步完善集團全transformation plan further refined the Group’s global digital governance system 球數字化治理體系，加快構建統一規範、協同高效、安and accelerated the development of a unified standardized collaborative 全可靠的數字化管理平台。報告期內，集團總部SAP系efficient secure and reliable digital management platform. During the reporting 統、財務智能運營中台、人力資源系統和主數據系統上

period the Group headquarters’ SAP system financial intelligent operations 線運行，集團及各業務板塊商業智能(BI)管理報表完成middle platform human resources system and master data system were 優化，數字司庫建設穩步推進。成立集團信息安全委員launched and put into operation; the business intelligence (BI) management 會，進一步健全信息安全管理架構和運行機制，集團管reports for the Group and its various business segments were optimized; 控、資源協同和數據治理基礎持續夯實。

and the construction of the digital treasury system progressed steadily. The

Group established an Information Security Committee to further improve the

information security management framework and operating mechanisms

continuously consolidating the foundation for group-wide management and

control resource coordination and data governance.The Company’s digital transformation is progressively deepening shifting from 公司數字化轉型正由系統建設逐步向數據貫通、流程重

system construction to data integration process reshaping and value creation 塑和價值創造深化，逐步形成從場景規劃、試點驗證到gradually formulating a closed loop from scenario planning and pilot verification 規模推廣的閉環，以數字化和智能化賦能經營管理提質to scaled rollout empowering operational management with digital and 增效。

intelligent solutions to improve quality and efficiency.

4 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Chairman’s Statement

董事長報告書

(II) The Coal Mining Machinery Segment Strengthened （二） 煤機板塊強化經營質量，成套化、Operational Quality with Positive Progress in 國際化取得積極進展

Complete Sets and Internationalization

In the first half of 2026 the coal market experienced a phased tightening of 2026年上半年，煤炭市場供需關係階段性趨緊，煤炭價supply and demand with coal prices recovering to a certain extent. However 格有所修復，但煤機設備需求仍受到投資週期和項目建demand for coal mining equipment remained subject to investment cycles 設節奏影響，市場價格競爭進一步加劇。面對市場變and project construction schedules while market price competition further 化，公司煤機板塊堅持以客戶需求為導向，統籌訂單獲intensified. In response to market changes the Company’s coal mining 取、產品交付、銷售回款和風險管控。受市場需求及上machinery segment remained customer demand-oriented and coordinated order 年同期比較基數等因素影響，板塊收入和利潤同比有所acquisition product delivery sales collections and risk management. Affected 下降，但銷售回款保持增長，經營質量總體穩定。

by market demand conditions and a high comparable base from the same

period last year segment revenue and profit declined year-on-year yet sales

collections grew and overall operational quality remains stable.The Company continued to refine its integrated intelligent complete set 公司持續完善智能成套一體化解決方案，加強設計、智solutions strengthening coordination across design intelligent control product 能控制、產品創新、智能製造、聯調服務、安全保障和

innovation intelligent manufacturing joint commissioning services safety 價值創造等環節協同，推動煤機業務由單機設備供應向assurance and value creation driving the coal mining machinery business to 成套化、智能化和全生命週期服務延伸。報告期內，成extend from single-equipment supply to complete set solutions intelligentization 套訂貨比重進一步提升，重點成套項目有序推進，在智and full lifecycle services. During the reporting period the proportion of 能成套、專業服務和數字化運營等方面形成示範效應。

complete set orders further increased with key complete set projects advancing

in an orderly manner generating demonstration effects in intelligent complete

sets professional services and digital operations.The Company accelerated its international market expansion during the 公司加快國際市場開拓，報告期內海外市場中標額超過reporting period the value of orders won in overseas markets exceeded RMB1 人民幣10億元，同比增長超過50%，在澳大利亞、哈薩billion representing a year-on-year increase of over 50%. The Company 克斯坦、美國等重點市場取得一批項目和產品訂單。

secured a number of projects and product orders in key markets such as

Australia Kazakhstan and the United States.Positive progress was made in the development of new products and new 新產品、新業務培育取得積極進展。報告期內，礦用機businesses. During the reporting period orders for mining robotics grew 60% 器人訂貨同比增長60%，多款產品完成開發並進入市場year-on-year. Several products completed development and entered the market 應用階段，取得首批28台履帶行走支護機器人訂單；縱application stage with the first batch of 28 track-mounted support robots 軸式、橫軸式掘錨一體機分別取得首台套訂單，電動破ordered; the first item/set orders were secured for both longitudinal-axis and 錨機器人完成研發試製，液壓支架電動化技術佈局持續transverse-axis bolter miners respectively; the electric bolting robot completed 完善。公司同步深化智能製造和降本增效，煤機板塊總R&D and trial production; and the electrification technology layout for hydraulic 產量保持增長，智慧園區二期智能裝配線提前達產，初supports was steadily improved. The Company simultaneously deepened 步構建以智能總裝流水線為核心的拉動式生產體系。

intelligent manufacturing and cost reduction/efficiency enhancement initiatives.The coal mining machinery segment’s total production volume maintained

growth the Phase II intelligent assembly line at the Smart Park achieved early

capacity target and a pull-type production system centered on intelligent final

assembly lines is preliminarily established.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 5Chairman’s Statement

董事長報告書

(III) The Automotive Parts Segment Consolidated （三） 汽車零部件板塊穩固發展基礎，加Its Development Foundation and Accelerated 快新能源和智能底盤業務拓展

Expansion in New Energy and Intelligent Chassis

Businesses

During the reporting period the domestic automotive market faced overall 報告期內，國內汽車市場總體承壓、結構繼續分化，新pressure with continued structural divergence. The penetration rate of new 能源汽車滲透率持續提升，汽車零部件行業競爭進一步energy vehicles continued to rise while competition in the automotive parts 加劇。公司汽車零部件板塊堅持鞏固傳統優勢業務與培industry further intensified. The Company’s automotive parts segment adhered 育新增長動能並重，持續加強成本管控、技術研發和全to a dual focus on consolidating its traditional advantageous businesses 球運營，加快新能源電驅、熱管理、空氣懸架和智能底and cultivating new growth drivers continuously strengthening cost control 盤等新業務拓展。

technology R&D and global operations and accelerating expansion into new

businesses such as new energy electric drives thermal management air

suspension and intelligent chassis.ASIMCO further clarified its growth-oriented strategy and optimized its 亞新科進一步明晰增長型戰略，圍繞動力底盤、動力傳organizational structure around three major business divisions: powertrain and 動和新業務三大事業部優化組織架構。持續加強存貨和chassis powertrain transmission and new businesses. It continued to strengthen 現金流管理，產成品存貨週轉有所加快，經營活動現金inventory and cash flow management with finished goods inventory turnover 流同比改善。亞新科商用車活塞環、凸輪軸、缸體缸蓋accelerating and operating cash flow improving year-on-year. ASIMCO’s market 等優勢產品市場地位穩定；新業務銷售收入持續提升，position in advantageous commercial vehicle products such as piston rings 空氣供給單元實現批量配套，智能中央氣源單元取得項camshafts and cylinder blocks and heads remained stable. Revenue from new 目定點。亞新科雙環數字化工廠建成投產，熱管理、粉businesses maintained continuous growth air supply unit achieved volume 末冶金新工廠建設啟動，為新業務發展和產能結構優化production and supply and the intelligent central air source unit secured project 提供支撐。

awards. ASIMCO Shuanghuan’s digital factory was completed and put into

operation while construction commenced on new thermal management and

powder metallurgy plants providing support for new business development and

production capacity optimization.SEG remained focused on profitability and growth achieving significant 索恩格堅持聚焦盈利和增長，通過優化組織架構、加operational improvements through organizational restructuring enhanced cost 強成本管控和供應商管理，經營業績明顯改善。報告control and supplier management. During the reporting period the operating 期內，索恩格營業收入同比增長11%，淨利潤同比增長revenue of SEG grew 11% year-on-year net profit increased 176% year-on- 176%，經營活動現金流持續改善。歐洲、北美等重點year and operating cash flow continued to improve. New project acquisition in 市場新項目獲取按計劃推進，起發電機業務保持穩定，key markets such as Europe and North America proceeded as planned with 新能源電驅業務持續拓展。基於電機能力，以車規級標starter and generator businesses remaining stable and the new energy electric 準切入具身智能領域，關節模組電機完成驗證並進入客drive business continuing to expand. Leveraging motor capabilities SEG is 戶供應鏈，完成首條生產線建設，已實現首個項目量產entering the field of embodied intelligence with automotive-grade standards its 供貨。

joint module motor completed validation and entered the customer supply chain

with the first production line completed and the first project achieving volume

production and supply.

6 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Chairman’s Statement

董事長報告書

The new energy drive motor business of SEG Electric maintained relatively 索恩格電動新能源驅動電機業務保持較快增長，報告期rapid growth. During the reporting period the operating revenue of SEG Electric 內，索恩格電動營業收入同比增長62%，產品裝機和量grew 62% year-on-year with product installations and volume production and 產交付規模持續提升。圍繞戰略客戶需求，積極拓展驅delivery continuing to scale up. In response to strategic customer needs the 動、制動、轉向和懸架相關智能底盤業務。全主動懸架Company actively expanded intelligent chassis businesses in relation to drive 電液泵平台產品完成整車測試，新一代800V雙平台產品braking steering and suspension. The fully active suspension electro-hydraulic 完成下線，相關驗證工作有序推進。商用車電機取得國pump platform product completed vehicle testing; the new-generation 800V 際客戶量產定點，線控轉向手感模擬器、機電懸架控制dual-platform product completed its rollout with relevant verification work 器等新產品開發取得階段性進展。新產能建設同步推progressing in an orderly manner. Commercial vehicle motors secured volume 進，項目量產和交付保障能力進一步增強。

production awards from international customers and new products such as the

steer-by-wire haptic simulator and electromechanical suspension controller

achieved phased development progress. New production capacity construction

advanced simultaneously further enhancing project mass production and

delivery capabilities.(IV) The Industrial Intelligence Segment Accelerated （四） 工業智能板塊加快轉型拓展，智能Transformation and Expansion with Intelligent 製造成為新的增長動能

Manufacturing Emerging as a New Growth Driver

During the reporting period the industrial intelligence segment continuously 報告期內工業智能板塊持續加強銷售回款、成本費用和

strengthened its control over sales collections costs and expenses and 經營過程管控，經營活動產生的現金流量淨額同比大幅operational processes with net cash flows from operating activities increasing 增長。加快培育新產品、新業務，報告期內新產品、新significantly year-on-year. It accelerated the development of new products and 業務收入同比增長112%；其中智能製造業務收入佔板

new businesses during the reporting period revenue from new products and 塊收入的比重提升至13%，逐步成為新的業務增長點。

new businesses recorded a year-on-year increase of 112% of which intelligent

manufacturing business revenue accounted for 13% of the segment’s revenue

and gradually becoming a new business growth driver.In the smart mining sector the Company continued to promote the market 在智慧礦山領域，持續推進智能供液、數字化運營和智application of intelligent fluid supply digital operations and smart mining 慧礦山解決方案市場應用，圍繞規劃供液、節能降耗、solutions and advanced R&D in advanced intelligent mining functions in areas 智能放煤、擬人移架等方向推進高階智採功能研發，積such as planned fluid supply energy saving and consumption reduction 極推動人工智能與礦山生產管控、視頻分析和數字孿生

intelligent coal drawing and anthropomorphic support movement actively 等場景融合。在智能製造領域，在智能倉儲、自動化產promoting the integration of AI with mining production control video analytics 線和輕量化工業軟件等方面取得突破，「光塵微智造」系digital twins and other scenarios. In the intelligent manufacturing sector 列產品項目應用開始爬坡上量；完成自主移動機器人核

breakthroughs are achieved in smart warehousing automated production 心控制器研發和潛伏舉升型AMR樣機試製；工業機器人lines and lightweight industrial software. The application of the “Guangchen 集群調度系統、SLAM掃圖工具等軟件產品發佈測試；Micro-Smart Manufacturing” series products began to scale up; the Company 數耘工業圍繞智能產線、智能物流和工業軟件推進產品

completed the R&D of the core controller for autonomous mobile robots and 研發及項目交付。依託智慧園區、亞新科熱管理等內部the trial production of the latent lifting AMR prototype; software products 製造場景開展技術驗證，並向船舶、港機、鋼構、線纜such as the industrial robot cluster scheduling system and SLAM mapping 等行業拓展，智能工廠規劃設計、軟硬件集成和項目實tool are released for testing; Shuyun Industrial advanced product R&D and 施能力持續增強。

project delivery around intelligent production lines intelligent logistics and

industrial software. Leveraging internal manufacturing scenarios such as the

Smart Park and ASIMCO Thermal Management for technology validation the

Company expanded into industries including shipbuilding port machinery steel

structures and cables with its capabilities in smart factory planning and design

hardware-software integration and project implementation being continuously

strengthened.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 7Chairman’s Statement

董事長報告書

The Company simultaneously expanded its international business. Nine products 同步拓展國際化業務，電液控制系統在澳洲市場9款產of the electro-hydraulic control system for the Australian market passed design 品通過國際電工委員會防爆電氣產品認證體系設計評

review under the IECEx certification system and eight products for the Americas 審，美洲市場8款產品通過相關設計評審，海外產品認market passed relevant design reviews. Overseas product certification and 證和市場准入工作持續推進。

market access efforts continued to advance.(V) Steadily Advancing Capital Operation and （五） 穩步推進資本運作和產業投資，支Industrial Investment to Support Key Business 持重點業務轉型發展

Transformation and Development

During the reporting period the Company’s application for the issuance of 報告期內，公司向不特定對象發行A股可轉換公司債券A-share convertible corporate bonds to non-specific investors was accepted by 申請於2026年6月18日獲上海證券交易所受理，並收到the Shanghai Stock Exchange on June 18 2026 and the Company received 首輪審核問詢。截至本報告披露日，公司已披露首輪審the first round of review inquiries. As of the disclosure date of this report the 核問詢回覆。

Company has disclosed its response to the first round of review inquiries.Centered on the transformation of its core businesses and future industrial 公司圍繞主營業務轉型和未來產業發展方向，持續推進development directions the Company continued to advance industrial research 產業研究和投資項目儲備，投資金麥特、眾擎機器人等and investment project pipelines investing in projects including GMT Group 項目，重點關注工業智能、高端零部件等領域，積極探and EngineAI with a focus on areas such as industrial intelligence and high- 索產業協同、技術協同和市場協同，以資本運作支持重end components while actively exploring industrial technological and market 點業務轉型發展。

synergies to support key business transformation and development through

capital operations.In the second half of 2026 the complex and volatile macroeconomic 2026年下半年，宏觀經濟環境複雜多變、市場競爭日趨environment intensifying market competition and rapid technological 激烈、技術革新日新月異，既帶來了轉型發展的機遇，advancements present both opportunities for transformation and development as 也提出了更為嚴峻的考驗。公司將聚焦戰略目標，堅持well as more stringent challenges. The Company will concentrate on its strategic 以科技創新引領產業創新，深耕新質生產力發展沃土，goals adhere to leading industrial innovation with technological innovation and 錨定高質量發展目標不動搖，以永不懈怠的奮鬥姿態，stay firmly rooted in the development of new quality productive forces and 為實現公司戰略規劃目標、為成為全球領先並可持續發

remain steadfast in our high-quality development targets. With an unyielding 展的智能工業解決方案提供商而努力奮鬥！

spirit of hard work we will strive to achieve our strategic planning objectives and

become a leading global provider of sustainable intelligent industrial solutions!

Last but not least on behalf of the Board of Directors I would like to express my 最後，本人謹代表董事會對全體股東、廣大客戶、社會heartfelt gratitude to all shareholders customers and friends from all sectors of 各界及友好人士給予的信任和支持表示衷心的感謝！

society for their trust and support!

ZCZL Industrial Technology Group Company Limited 中創智領（鄭州）工業技術集團股份有限公司

Jiao Chengyao 董事長

Chairman 焦承堯

28 August 2026 2026年8月28日

8 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Management Discussion and Analysis

管理層討論與分析

Review of the period 期間回顧

For the six months ended 30 June 2026 the Group achieved sales revenue 截至2026年6月30日止六個月，本集團實現銷售收入人of RMB18772.09 million representing a decrease of 6.05% from the 民幣18772.09百萬元，較上年度同期下降6.05%。本公corresponding period of last year. Profit Attributable to Owners of the Company 司股東應佔溢利為人民幣1613.15百萬元，較上年度同was RMB1613.15 million representing a decrease of 36.17% from the 期下降36.17%。每股盈利為人民幣0.92元。於2026年6月corresponding period of last year. Earnings per share was RMB0.92. As at 30 30日，本集團借貸餘額為人民幣6648.28百萬元。

June 2026 the Group had borrowing balances of RMB6648.28 million.Overview 概覽

The Group is a leading comprehensive coal mining and excavating equipment 作為中國領先的煤炭綜採綜掘設備及汽車零部件製造

and auto parts manufacturer in the PRC. Our established operating history 商，本集團悠久的經營歷史、優質產品、強勁的研發能high quality products strong research and development capabilities advanced 力、先進的製造流程及龐大的銷售及服務網絡乃是我們

manufacturing processes and extensive sales and service network are the 達到成功的關鍵，並使我們能夠維持在中國煤炭採掘設keys to our success and allow us to maintain our leading position in the PRC 備市場的領導地位。在完成對亞新科和索恩格汽車德國coal mining and excavating equipment market. With the completion of the 有限公司的收購後，本集團已進入汽車零部件市場，形acquisitions of ASIMCO and SEG Automotive Germany GmbH the Group has 成煤礦機械及汽車零部件兩大主業。

duly entered the auto parts market and is engaged in two principal businesses

namely coal mining machinery and auto parts.Results of Operations 經營業績

The following table sets forth a summary for the six months ended 30 June 下表載列本集團於所示截至2026年及2025年6月30日止

2026 and 2025 respectively indicated of our consolidated results of operations. 六個月的綜合經營業績摘要。

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB millions RMB millions

人民幣百萬元 人民幣百萬元

Revenue 收入 18772.09 19981.54

Cost of sales 銷售成本 (15121.29) (15327.51)

Gross profit 毛利 3650.80 4654.03

Other income 其他收入 290.05 239.70

Other gains and losses 其他收益及虧損 53.20 304.69

Selling and distribution expenses 銷售及分銷開支 (446.28) (420.36)

Administrative expenses 行政開支 (706.57) (622.65)

Research and development expenses 研發費用 (763.31) (813.48)Impairment losses (including reversals of 減值虧損（包括金融資產及impairment losses or impairment gains) on 其他項目之減值虧損轉回financial assets and other items 或減值收益） (62.37) (196.17)

Share of profit of associates 應佔聯營公司溢利 28.71 17.89

Share of (loss) profit of joint ventures 應佔合營企業（虧損）溢利 (1.35) 1.30

Finance costs 融資成本 (96.22) (126.91)

Profit before tax 除稅前溢利 1946.66 3038.04

Income tax expense 所得稅開支 (277.79) (456.80)

Profit for the period 期內溢利 1668.87 2581.24

Profit for the period attributable to: 以下人士應佔期內溢利：

Owners of the Company 本公司股東 1613.15 2527.45

Non-controlling interests 非控股權益 55.72 53.79

1668.87 2581.24

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 9Management Discussion and Analysis

管理層討論與分析

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB millions RMB millions

人民幣百萬元 人民幣百萬元

Other comprehensive income (expense): 其他全面收入（開支）：

Items that will not be reclassified subsequently to 不會於其後重新分類至損益的項目：

profit or loss:

Remeasurement of post-employment benefit 重新計量退休福利責任

obligations – –

Changes in the fair value of equity instruments at fair 以公平值計量且其變動計入其他全面收value through other comprehensive income 益（「以公平值計量且其變動計入其他(“FVTOCI”) 全面收益」）的股本工具公平值變動 172.61 –

Share of other comprehensive income of associates 應佔聯營公司其他全面收益份額，扣除net of related income tax 相關所得稅 (0.11) –

Items that may be reclassified subsequently to 可能於其後重新分類至損益的項目：

profit or loss:

Exchange differences arising on translation of 換算海外業務產生的匯兌差額

foreign operations (92.96) 151.62

Fair value gain on hedging instruments designated as 指定作現金流對沖的對沖工具的

cash flow hedging 公平值收益 – 6.15

Other comprehensive income for the period 期內其他全面收益，net of income tax 扣除所得稅 79.54 157.77

Total comprehensive income for the period 期內全面收益總額 1748.41 2739.01

Total comprehensive income for the period 以下人士應佔期內全面收益總額：

attributable to:

Owners of the Company 本公司股東 1692.76 2685.23

Non-controlling interests 非控股權益 55.65 53.78

1748.41 2739.01

EARNINGS PER SHARE 每股盈利

– Basic (RMB) －基本（人民幣） 0.92 1.43

– Diluted (RMB) －攤薄（人民幣） 0.92 1.43

Revenue 收入

Our revenue decreased by 6.05% from RMB19981.54 million for the six 本集團收入由截至2025年6月30日止六個月的人民幣

months ended 30 June 2025 to RMB18772.09 million for the six months 19981.54百萬元減少6.05%至截至2026年6月30日止六個

ended 30 June 2026 mainly because of the 20.72% decrease of coal mining 月的人民幣18772.09百萬元，主要由於煤礦機械分部於machinery segment as compared to that of the last period because of the 2026年上半年煤礦機械市場需求下降，該分部收入較上decrease in demand of coal mining machinery market in the first half of 2026. 期減少20.72%所致。

10 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Management Discussion and Analysis

管理層討論與分析

Cost of Sales 銷售成本

Our cost of sales decreased by 1.35% from RMB15327.51 million for the 本集團銷售成本由截至2025年6月30日止六個月的人民

six months ended 30 June 2025 to RMB15121.29 million for the six months 幣15327.51百萬元減少1.35%至截至2026年6月30日止六

ended 30 June 2026 because of sales decrease during this period. 個月的人民幣15121.29百萬元，原因為期內銷售額下降。

Gross Profit 毛利

Driven by the above factors our gross profit decreased by 21.56% from 受上述因素推動，本集團毛利由截至2025年6月30日止RMB4654.03 million for the six months ended 30 June 2025 to RMB3650.80 六個月的人民幣4654.03百萬元減少21.56%至截至2026

million for the six months ended 30 June 2026. 年6月30日止六個月的人民幣3650.80百萬元。

The change in gross profit primarily comprised two parts. The gross profit 毛利之變動主要包括兩部分。本集團煤機板塊毛利率由margin of the coal mining machinery segment decreased from 32.48% for 截至2025年6月30日止六個月32.48%下降至截至2026年6the six months ended 30 June 2025 to 25.27% for the six months ended 30 月30日止六個月25.27%；而本集團工業智能產品分部毛

June 2026. And the gross profit margin of the industrial intelligence products 利率則由截至2025年6月30日止六個月72.62%下降至截

segment of the Group decreased from 72.62% for the six months ended 30 至2026年6月30日止六個月35.95%。

June 2025 to 35.95% for the six months ended 30 June 2026.Therefore the overall gross profit margin of the Group decreased from 23.29% 因此，本集團整體毛利率由截至2025年6月30日止六for the six months ended 30 June 2025 to 19.45% for the six months ended 30 個月之23.29%下降至截至2026年6月30日止六個月之

June 2026. 19.45%。

Staff Costs and Remuneration Policy 員工成本及薪酬政策

As at 30 June 2026 the Group had approximately 16625 employees. Our 於2026年6月30日，本集團約有16625名員工。本集團員staff costs increased by 4.96% from RMB1910.96 million for the six months 工成本由截至2025年6月30日止六個月的人民幣1910.96

ended 30 June 2025 to RMB 2005.78 million for the six months ended 30 百萬元增加4.96%至截至2026年6月30日止六個月的人民

June 2026. The staff remuneration of the Group comprises of basic salary and 幣2005.78百萬元。本集團員工薪酬由基本工資和獎勵bonus payment which is determined with reference to the operating results of 工資兩部分組成，獎勵工資依據本集團經營業績及僱員the Group and results of performance assessment on the employees. The Group 績效考核情況確定。本集團堅持以效益和業績為導向，adheres to the orientation towards efficiency and results as well as the focus 堅持向一線員工傾斜，努力確保收入分配科學合理。

on top-tier staff. It also strives to ensure scientific and reasonable allocation of

income.In order to attract retain and enrich employees’ knowledge and develop their 為吸引、挽留員工並豐富其知識及提高其技能水平，本skills the Group paid more attention to employee training providing employees 集團極其注重員工培訓，為員工提供不同類別的培訓和with different types of training and development programs. 發展計劃。

Profit Before Tax 除稅前溢利

Being affected by the factors referred to above in aggregate our profit before 受前述因素的綜合影響，本集團的除稅前溢利由截至tax decreased by 35.92% from RMB3038.04 million for the six months ended 2025年6月30日止六個月的人民幣3038.04百萬元下降

30 June 2025 to RMB1946.66 million for the six months ended 30 June 2026. 35.92%至截至2026年6月30日止六個月的人民幣1946.66百萬元。

Income Tax Expense 所得稅開支

Our income tax expense decreased by 39.19% from RMB456.8 million for 本集團所得稅開支由截至2025年6月30日止六個月的人

the six months ended 30 June 2025 to RMB277.79 million for the six months 民幣456.8百萬元減少39.19%至截至2026年6月30日止六

ended 30 June 2026 primarily because of the decrease in taxable income. 個月的人民幣277.79百萬元，主要是由於應課稅收入顯著減少。

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 11Management Discussion and Analysis

管理層討論與分析

Profit for the period 期內溢利

In view of the combined effect of the above factors our profit for the period 受前述因素的綜合影響，本集團的期內溢利由截至2025decreased by 35.35% from RMB2581.24 million for the six months ended 30 年6月30日止六個月的人民幣2581.24百萬元下降35.35%

June 2025 to RMB1668.87 million for the six months ended 30 June 2026. 至截至2026年6月30日止六個月的人民幣1668.87百萬元。

Cash Flows and Capital Expenditures 現金流及資本支出

As of 30 June 2026 the Group had RMB3589.49 million in cash and cash 於2026年6月30日，本集團擁有現金及現金等價物人民equivalents. The Group’s cash and cash equivalents primarily consist of cash 幣3589.49百萬元。本集團現金及現金等價物主要包括and bank deposits. 現金及銀行存款。

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB millions RMB millions

人民幣百萬元 人民幣百萬元

Net cash generated from operating activities 經營活動所得現金淨額 1983.45 1451.66

Net cash used in investing activities 投資活動所用現金淨額 (74.53) (311.52)

Net cash used in financing activities 融資活動所用現金淨額 (1687.77) (1338.72)

Net increase/(decrease) in cash and cash equivalents 現金及現金等價物增加╱（減少）淨額 221.15 (198.58)

Effect of foreign exchange rate changes 匯率變動的影響 (57.39) 15.15

Cash and cash equivalents at 1 January 於1月1日的現金及現金等價物 3425.73 2987.59

Cash and cash equivalents at 30 June 於6月30日的現金及現金等價物 3589.49 2804.16

Operating Activities 經營活動

Net cash inflow in operating activities for the six months ended 30 June 2026 截至2026年6月30日止六個月，經營活動現金流入淨額was RMB1983.45 million. Cash inflow primarily comprised profit before taxation 為人民幣1983.45百萬元。現金流入主要包括除稅前溢of RMB1946.66 million primary adjusted for: (i) depreciation of property plant 利人民幣1946.66百萬元，主要調整了：(i)物業、廠房and equipment of RMB488.40 million; (ii) amortisation of intangible assets of 及設備折舊人民幣488.40百萬元；(ii)無形資產攤銷人民

RMB147.02 million; (iii) decreases in trade and other receivables of RMB895.46 幣147.02百萬元；(iii)貿易及其他應收款項減少人民幣

million; (iv) increases in long-term receivables and finance lease receivables of 895.46百萬元；(iv)長期應收款項及融資租賃應收款項增

RMB819.72 million; (v) decreases in trade and other payables of RMB355.99 加人民幣819.72百萬元；(v)貿易及其他應付款項減少人

million. 民幣355.99百萬元。

Investing Activities 投資活動

Net cash outflow from investing activities for the six months ended 30 June 截至2026年6月30日止六個月，投資活動現金流出淨額

2026 was RMB74.53million primarily comprised of: (i) proceeds from other 為人民幣74.53百萬元，主要包括：(i)其他金融資產、financial assets certificate of deposits and structured deposits of RMB6552.62 存單及結構性存款所得款項人民幣6552.62百萬元；(ii)

million; (ii) withdrawal of pledged bank deposits of RMB1366.09 million; 提取已抵押銀行存款人民幣1366.09百萬元；(iii)提取原

(iii) withdrawal of bank deposits with original maturity over three months and 到期日為三個月以上的銀行存款及限制性現金人民幣

restricted cash of RMB613.58 million; (iv) placement for other financial assets 613.58百萬元；(iv)存放其他金融資產、存單及結構性

certificate of deposits and structured deposits of RMB6127.00 million; (v) 存款人民幣6127.00百萬元；(v)存放已抵押銀行存款人

placement of pledged bank deposits of RMB1397.53 million; (vi) purchases 民幣1397.53百萬元；(vi)購置物業、廠房及設備人民幣

of property plant and equipment of RMB1111.50 million and (vii) Purchase of 1111.50百萬元及(vii)購置以公平值計量且其變動計入損

financial assets at fair value through profit or loss of RMB135.93 million. 益的金融資產人民幣135.93百萬元。

12 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Management Discussion and Analysis

管理層討論與分析

Financing Activities 融資活動

Net cash outflow in financing activities for the six months ended 30 June 截至2026年6月30日止六個月，融資活動現金流出淨額

2026 was RMB1687.77 million primarily consisting of (i) cash inflow from 為人民幣1687.77百萬元，主要包括：(i)新借貸的現金流

new borrowings of RMB3344.61 million; (ii) cash outflow from the repayment 入人民幣3344.61百萬元；及(ii)償還借貸的現金流出人

of borrowings in the amount of RMB2802.41 million; (iii) cash outflow from 民幣2802.41百萬元；(iii)現金流出包括向本公司股東派

dividends paid to the Company’s shareholders of RMB2088.10 million. 付股息人民幣2088.10百萬元。

Capital Expenditures 資本支出

We incurred capital expenditures of RMB1172.41 million for the six months 截至2026年6月30日止六個月，本集團用於購置物業、ended 30 June 2026 for purchase of property plant and equipment and 廠房及設備以及無形資產的資本支出為人民幣1172.41

intangible assets. 百萬元。

Commitments and Contingent Liabilities 承擔及或然負債

Capital Commitments 資本承擔

As of 30 June 2026 our commitments consisted of capital commitments for 截至2026年6月30日，本集團的承擔為收購物業、廠房the acquisition of property plant and equipment that have been authorized and 及設備的已授權且已訂約的資本承擔人民幣456.23百萬

contracted for in the amount of RMB456.23 million. 元。

Contingent Liabilities 或然負債

During the interim period the Group has endorsed or discounted and then 於中期期間，本集團已對若干應收票據進行背書或貼derecognized certain notes receivable with full recourse. In the opinion of the 現，繼而終止確認該等附有完全追索權的應收票據。本directors of the Company the risk of the default in payment of the endorsed or 公司董事認為，由於所有背書及貼現的應收票據由聲譽discounted notes receivable is low because all endorsed or discounted notes 良好的中國銀行發出及提供擔保，故欠付背書及貼現的receivable are issued and guaranteed by reputable PRC banks. The maximum 應收票據的風險為低。於各報告期末，本集團可能因欠exposure to the Group that may result from the default of these endorsed or 付該等背書或貼現及終止確認的應收票據而須承擔的最

discounted and derecognized notes receivable at the end of each reporting 大風險如下：

period is as follows:

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB millions RMB millions

人民幣百萬元 人民幣百萬元

Outstanding endorsed or discounted notes receivable 具追索權的尚未償還已背書或

with recourse 已貼現應收票據 3342.56 3600.56

As at 30 June 2026 the Group has derecognised certain trade receivables 於2026年6月30日，本集團已終止確認已劃轉至銀行的without recourse which were transferred to banks with amounting to 若干無追索權貿易應收款項人民幣164210000元（2025RMB164210000 (31 December 2025: RMB655911000). 年12月31日：人民幣655911000元）。

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 13Management Discussion and Analysis

管理層討論與分析

Working Capital and Indebtedness 營運資金及負債

The following table sets forth details of the Group’s current assets and liabilities 下表載列截至2026年6月30日及2025年12月31日本集團

as of 30 June 2026 and 31 December 2025 (in RMB millions): 流動資產及負債詳情（單位：人民幣百萬元）：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB millions RMB millions

人民幣百萬元 人民幣百萬元

CURRENT ASSETS 流動資產

Finance lease receivables current portion 融資租賃應收款項，流動部分 43.85 59.50Long-term receivables current portion 長期應收款項，流動部分 739.71 446.48Inventories 存貨 6667.36 6875.50

Trade and other receivables 貿易及其他應收款項 16364.21 16616.24

Transferred trade receivables 已劃轉的貿易應收款項 992.75 655.99

Financial assets at fair value through profit or loss 以公平值計量且其變動計入損益的金融資產 3680.32 4051.37

Financial assets at FVTOCI 以公平值計量且其變動計入其他全面收益的

金融資產 1959.34 2873.34

Derivative financial instruments 衍生金融工具 19.40 9.65

Tax recoverable 可收回稅項 44.94 37.92

Bank deposits 銀行存款 1608.99 2137.91

Cash and cash equivalents 現金及現金等價物 3589.49 3425.73

35710.36 37189.63

Assets classified as held for sale 分類為持作出售的資產 – 91.07

35710.36 37280.70

CURRENT LIABILITIES 流動負債

Trade and other payables 貿易及其他應付款項 15024.08 15905.44

Contract liabilities 合同負債 1378.55 1430.83

Income tax liabilities 所得稅負債 235.61 309.06

Borrowings 借貸 1146.59 3652.65

Lease liabilities 租賃負債 205.56 164.07

Provisions 撥備 254.77 265.92

Liabilities associated with transferred trade receivables 與已劃轉的貿易應收款項有關的負債 1006.71 669.94

Derivative financial instruments 衍生金融工具 19.35 3.03

19271.22 22400.93

NET CURRENT ASSETS 流動資產淨值 16439.14 14879.77

As of 30 June 2026 the Group had net current assets of approximately 於2026年6月30日，本集團流動資產淨值約為人民幣RMB16439.14 million (31 December 2025: RMB14879.77 million) and 16439.14百萬元（2025年12月31日：人民幣14879.77百current ratio of 1.85 (31 December 2025:1.66). The increase in current ratio 萬元），而流動比率為1.8（5 2025年12月31日：1.66）。流was primarily due to the decrease in trade and other payables as well as 動比率上升主要由於期內貿易及其他應付款項以及借貸

borrowing for the period. 減少所致。

14 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Management Discussion and Analysis

管理層討論與分析

As of 30 June 2026 the balance of the Group’s outstanding borrowings was 於2026年6月30日，本集團未償還借貸餘額為人民幣RMB6648.28 million of which RMB1146.59 million is current portion (31 6648.28百萬元，其中流動部分為人民幣1146.59百萬December 2025: outstanding borrowings was RMB6187.73 million of which 元（2025年12月31日：未償還借貸為人民幣6187.73百萬RMB3652.65million was current portion). 元，其中流動部分為人民幣3652.65百萬元）。

Capital Adequacy Ratio 資本充足比率

Gearing ratio is calculated by dividing the total liabilities netting off cash and 負債與權益比率乃按期╱年末負債總額減現金及現金等

cash equivalent at the end of the period/year by total equity at the end of the 價物除以期╱年末權益總額，再乘100%計算。

period/year and multiplying by 100%.As of 30 June 2026 our gearing ratio was 95.89% (31 December 2025: 於2026年6月30日，本集團負債與權益比率為95.89%

94.88%). （2025年12月31日：94.88%）。

Credit Risk 信貸風險

Credit risk arises from trade and other receivables finance lease receivables 信貸風險來自貿易及其他應收款項、融資租賃應收款

long-term receivables structured deposits derivative assets loans receivable 項、長期應收款項、結構性存款、衍生資產、應收聯營

from associates and a joint venture pledged bank deposit cash and cash 公司及一間合營企業貸款、已抵押銀行存款、現金及現

equivalents. 金等價物。

As at 30 June 2026 the Group pledged certain land use rights property plant 於2026年6月30日，本集團以若干土地使用權、物業、and equipment and other assets to secure bank borrowings amounting to 廠房及設備以及其他資產作抵押，以取得合共人民幣RMB456.10 million in aggregate. In addition bank deposits of RMB1080.01 456.10百萬元的銀行借貸，另有人民幣1080.01百萬元的million were pledged to banks to secure bank acceptance bills and letters of 銀行存款已抵押予銀行，以取得銀行承兌匯票及保函。

guarantee.To manage the risk with respect to pledged bank deposit cash and cash 為管理與已抵押銀行存款、現金及現金等價物、結構性

equivalents structured deposits and derivative assets the Group placed them in 存款及衍生資產相關的風險，本集團將該等資產存置於or entered into the contract with the banks with high reputation. 聲譽良好的銀行或與該等銀行訂立合同。

The Group has policies in place to ensure that sales are made to reputable and 本集團已制定政策確保向聲譽及信譽良好、具備適當財

creditworthy customers with an appropriate financial strength credit history 政實力及信貸記錄並提供合適比例訂金的客戶進行銷

and an appropriate percentage of down payments. It also has other monitoring 售。本集團亦制定其他監控程序，確保採取跟進措施收procedures to ensure that follow-up action is taken to recover overdue debts. 回逾期債務。

In addition the Group reviews regularly the authorisation of credit limits 此外，本集團定期審閱授予個別客戶的信貸額度及各個to individual customers and recoverable amount of each individual trade 別貿易應收款項的可收回金額，以確保就無法收回款項receivables to ensure that adequate impairment losses are made for 計提足夠減值虧損。就製造煤礦機械業務而言，本集團irrecoverable amounts. In respect of the business of manufacture of coal 一般於付運產品前向客戶收取應收票據或現金形式的訂

mining machinery the Group generally receives advances in the form of notes 金，並就餘下合約價格向客戶提供180日的信貸期。就receivable or cash from customers before delivery of its product and allows a 汽車零部件而言，客戶一般獲授0至90天的信貸期。

credit period of 180 days to its customers for the remaining contract price. In

respect of auto parts normally a credit period of 0 to 90 days is granted to its

customers.During the interim period the Group has endorsed and derecognised certain 於本期間，本集團已背書及終止確認若干應收票據，以notes receivable for the settlement of trade and other payables with full 結算具全面追索權的貿易及其他應付款項。本公司董事recourse. In the opinion of the directors of the Company the risk of the default 認為，由於所有已背書應收票據由聲譽良好的中國銀行in payment of the endorsed notes receivable is low because all endorsed notes 發出及提供擔保，故欠付已背書應收票據的風險不大。

receivable are issued and guaranteed by reputable PRC banks.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 15Management Discussion and Analysis

管理層討論與分析

The Group considers the probability of default upon initial recognition of asset 本集團考慮於初步確認資產時的違約可能性及於各報告

and whether there has been a significant increase in credit risk on an ongoing 期間的信貸風險會否持續顯著增加。為評估信貸風險有basis throughout each reporting period. To assess whether there is a significant 否顯著增加，本集團將資產於報告日期的違約風險與於increase in credit risk the Group compares the risk of default occurring on the 首次確認日期的違約風險進行比較。預期信貸虧損率基asset as at the reporting date with the risk of default as at the date of initial 於過往1至3年的過往信貸虧損情況釐定，並作出調整以recognition. The expected credit loss rates are determined based on historical 反映影響客戶結清應收款項能力的宏觀經濟因素等當前

credit losses experienced from the past 1 to 3 years and are adjusted to reflect 及前瞻性資料。本集團亦考慮可獲得的合理有據前瞻性current and forward-looking information such as macroeconomic factors 資料。

affecting the ability of the customers to settle the receivables. The Group also

considers available reasonable and supportive forwarding-looking information.Interest Rate Risk 利率風險

The Group is exposed to cash flow interest rate risk in relation to variable-rate 本集團就浮息借貸承受現金流量利率風險。目前，本集borrowings. Currently the Group does not have a specific policy to manage its 團並無特定政策管理其利率風險，惟管理層將密切留意interest rate risk but management will closely monitor interest rate exposures 利率風險，並在有需要時考慮對沖重大利率風險。

and consider hedging significant interest rate risk should the need arise.Currency Risk 貨幣風險

The Group operates internationally and is exposed to foreign exchange risk 本集團從事國際性業務，並承受多種非功能貨幣產生的arising from various non-functional currencies. Foreign exchange risk arises 外匯風險。外匯風險自日後商業交易、已確認資產及負from future commercial transactions recognised assets and liabilities. 債產生。

The actual foreign exchange risk faced by the Group is therefore primarily with 因此，本集團面對的實際外匯風險主要與非功能貨幣的respect to non-functional currency bank balances receivables borrowings and 銀行結餘、應收款項及借款及應付款項（統稱「非功能貨payables (collectively “Non-Functional Currency Items”). 幣項目」）有關。

Management monitors foreign exchange exposure and will consider hedging 管理層監控外匯風險，並將於需要時考慮使用外匯遠期certain foreign currency exposure by using foreign exchange forward contracts 合同對沖若干外幣風險。

when the need arises.The Group is mainly exposed to the foreign currency risk between United States 本集團主要承擔美元兌人民幣、歐元兌人民幣及港元兌

dollars (“USD”)/RMB Euro (“EUR”)/RMB and Hong Kong dollars (“HKD”)/RMB. 人民幣的外匯風險。

16 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Directors and Chief Executives

董事及最高行政人員

Independent Non-executive Directors 獨立非執行董事

The Company has appointed the required number of independent non-executive 本公司已根據聯交所上市規則的規定委任足夠數目、並

directors with appropriate professional qualifications or accounting or related 具備適當的專業資格、或具備適當的會計或相關財務管

financial management expertise as required under the Listing Rules. As at 理專長的獨立非執行董事。於2026年6月30日，本公司

30 June 2026 the Company has appointed three independent non-executive 共委任三名獨立非執行董事，分別為季豐先生、方遠先

directors namely Mr. Ji Feng Mr. Fang Yuan and Ms. Yao Yanqiu. 生和姚艷秋女士。

Model Code for Securities Transactions by Directors 董事進行證券交易的標準守則The Company has adopted the Model Code for Securities Transactions by 本公司已採納上市規則附錄C3所載《上市發行人董事進Directors of Listed Issuers (the “Model Code”) set out in Appendix C3 to the 行證券交易的標準守則》（「標準守則」），作為公司有關Listing Rules as its code of conduct regarding securities transactions by the 董事證券交易的行為守則。本公司已向全體董事作出具Directors. The Company has made specific enquiries with all the Directors who 體查詢，其已確認，於報告期內，彼等一直遵守標準守have confirmed their compliance with the Model Code during the Reporting 則。

Period.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 17Directors and Chief Executives

董事及最高行政人員

Directors’ and Chief Executives’ Interests and Short 董事及最高行政人員於本公司及其相聯

Positions in Securities of the Company and its 法團的證券中之權益及淡倉

Associated Corporations

So far as the Directors are aware as at 30 June 2026 the Directors and chief 據董事所知，於2026年6月30日，本公司各董事及最高executives of the Company had interests and short positions in the shares 行政人員於本公司或其任何相聯法團（定義見香港《證券underlying shares and debentures of the Company or any of its associated 及期貨條例》（「《證券及期貨條例》」）的股份、相關股份

corporations (as defined in the “Securities and Futures Ordinance” (the “SFO”) 及債券中擁有任何根據《證券及期貨條例》第XV部第7及of Hong Kong) which were required to be notified to the Company and the Stock 第8分部須知會本公司及聯交所的權益及淡倉（包括彼根Exchange pursuant to the provisions of Divisions 7 and 8 of Part XV of the 據《證券及期貨條例》的有關條文而被當作或視作擁有的SFO (including interests and short positions which they were taken or deemed 權益及淡倉），或根據《證券及期貨條例》第352條須載入to have under relevant provisions of the SFO); or were required pursuant 該條例所述的登記冊的權益及淡倉（包括彼根據《證券及to Section 352 of the SFO to be recorded in the register referred to therein 期貨條例》的有關條文而被當作或視作擁有的權益及淡(including interests and short positions which they were taken or deemed to 倉），或根據上市規則內標準守則須知會本公司及聯交have under relevant provisions of the SFO); or were required to be notified to the 所的權益及淡倉如下：

Company and the Stock Exchange pursuant to the Model Code under the Listing

Rules which are stated as follows:

Approximate Approximate

percentage of percentage of

the relevant the total Long position/

Director/ Capacity/ Class of Number of class of number of Short position/

Name Chief executive Nature of interest shares shares capital % shares % Lending pool

佔有關股本 佔股份 好倉╱淡倉╱

類別的概約 總數的概約 可供借出的

姓名 董事╱最高行政人員 身份╱權益性質 股份類別 股份數目 百分比% 百分比% 股份

Jiao Chengyao Director Beneficial owner A Share 3226964 0.209 0.181 Long position

焦承堯 董事 實益擁有人 A股 好倉

Jia Hao Director/Chief executive Beneficial owner A Share 2442300 0.158 0.137 Long position

賈浩 董事、最高行政人員 實益擁有人 A股 好倉

Meng Hechao Director Beneficial owner A Share 231000 0.015 0.013 Long position

孟賀超 董事 實益擁有人 A股 好倉

Li Kaishun Director Beneficial owner A Share 201000 0.013 0.011 Long position

李開順 董事 實益擁有人 A股 好倉

18 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Directors and Chief Executives

董事及最高行政人員

Directors’ and Chief Executives’ Interests and Short 董事及最高行政人員於本公司及其相聯

Positions in Securities of the Company and its 法團的證券中之權益及淡倉（續）

Associated Corporations (Continued)

Save as disclosed above as at 30 June 2026 none of the directors or chief 除上文所披露者外，於2026年6月30日，本公司各董事executives of the Company had any interest or short position in the shares 或最高行政人員概無於本公司或任何相聯法團（定義見underlying shares or debentures of the Company or any of its associated 香港《證券及期貨條例》）的股份、相關股份或債券中，corporations (as defined in the SFO of Hong Kong) which were required to be 擁有任何根據《證券及期貨條例》第XV部第7及第8分部須notified to the Company and the Stock Exchange pursuant to the provisions of 知會本公司及聯交所的權益或淡倉（包括彼等視為擁有Divisions 7 and 8 of Part XV of the SFO (including interests or short positions 的權益或淡倉），或根據《證券及期貨條例》第352條須載which they are deemed to have); or were required pursuant to Section 352 of 入該條例所述的登記冊的權益或淡倉，或根據聯交所上the SFO to be recorded in the register referred to therein; or were required to 市規則內上市公司董事進行證券交易的標準守則須知會

be notified to the Company and the Stock Exchange pursuant to the Model Code 本公司和聯交所的權益或淡倉。

for Securities Transactions by Directors of Listed Companies under the Listing

Rules of the Stock Exchange.Structure and Number of Shareholders 股東結構及股東人數

Details of the shareholders recorded in the register of members of the Company 於2026年6月30日，本公司股東名冊所記錄的股東詳情as at 30 June 2026 are as follows: 如下：

Shareholders of A Shares A股股東 64930

Shareholders of H Shares H股股東 50

Total number of shareholders 股東總數 64980

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 19Directors and Chief Executives

董事及最高行政人員

Substantial Shareholders’ Interests and Short 主要股東於本公司所持股份、相關股份

Positions in Shares and Underlying Shares of the 之權益及淡倉

CompanySo far as the Directors are aware as at 30 June 2026 the following 據董事所知，於2026年6月30日，下列股東（董事或最高shareholders (other than Directors or chief executives) had interests or short 行政人員除外）於本公司的任何股份及相關股份中，擁positions in any shares and the underlying shares of the Company which were 有根據《證券及期貨條例》第XV部第2及3分部須知會本公

required to be notified to the Company pursuant to the provisions of Divisions 2 司的權益或淡倉，或根據《證券及期貨條例》第336條須and 3 of Part XV of the SFO or which were required pursuant to Section 336 of 記入本公司備存的登記冊的權益或淡倉：

the SFO to be recorded in the register of members kept by the Company:

Approximate Approximate

percentage of percentage of

the relevant the total Long position/

Capacity/Nature Class of Number of class of number of Short position/

Name of interest shares shares shares % shares % Lending pool

佔有關股份 佔股份 好倉╱淡倉╱

類別的概約 總數的概約 可供借出的

姓名 身份╱權益性質 股份類別 股份數目 百分比% 百分比% 股份

Henan Asset Management Co. Ltd.(1) Interest of beneficial A Share 333194876 21.61 18.66 Long position

河南資產管理有限公司(1) owner and party A股 好倉

acting in concert

實益擁有人及一致 H Share 8645200 3.55 0.48 Long position

行動人士的權益 H股 好倉

Hong Yi Investment Management Beneficial owner A Share 263985719 17.12 14.79 Long position

(Henan) Partnership 實益擁有人 A股 好倉

(Limited Partnership)(1)

泓羿投資管理（河南）合夥企業

（有限合夥)(1)State-owned Assets Supervision and Beneficial owner A Share 243892381 15.81 13.66 Long position

Administration Commission of Henan 實益擁有人 A股 好倉

Provincial People’s Government(2)河南省人民政府國有資產監督

管理委員會(2)

Henan State-owned Capital Operation Beneficial owner/Interest in A Share 243892381 15.81 13.66 Long position

Group Co. Ltd.(2) a controlled corporation A股 好倉

河南國有資本運營集團有限公司(2) 實益擁有人╱於受控法團的權益

20 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Directors and Chief Executives

董事及最高行政人員

Substantial Shareholders’ Interests and Short 主要股東於本公司所持股份、相關股份

Positions in Shares and Underlying Shares of the 之權益及淡倉（續）

Company (Continued)

Approximate Approximate

percentage of percentage of

the relevant the total Long position/

Capacity/Nature Class of Number of class of number of Short position/

Name of interest shares shares shares % shares % Lending pool

佔有關股份 佔股份 好倉╱淡倉╱

類別的概約 總數的概約 可供借出的

姓名 身份╱權益性質 股份類別 股份數目 百分比% 百分比% 股份

Henan State-owned Capital Operation Beneficial owner A Share 34159479 2.22 1.91 Long position

Group Investment Co. Ltd.(2) 實益擁有人 A股 好倉河南國有資本運營集團投資

有限公司(2)

Henan Zhongyu Green New Energy Beneficial owner A Share 31508305 2.04 1.76 Long position

Co. Ltd.(2) 實益擁有人 A股 好倉

河南中豫格林新能源有限公司(2)

LSV Asset Management.(3) Investment manager H Share 12302200 5.06 0.69 Long position

投資經理 H股 好倉

Notes: 附註：

(1) Henan Asset Management Co. Ltd. directly holds 69209157 A Shares and (1) 河南資產管理有限公司直接持有69209157股本公司A股

8645200 H Shares of the Company. Pursuant to Section 317(1)(a) of the SFO 及8645200股本公司H股。根據證券及期貨條例第317(1)(a)Henan Asset Management Co. Ltd. is deemed a party acting in concert with Hong 條，河南資產管理有限公司被視作為泓羿投資管理（河Yi Investment Management (Henan) Partnership (Limited Partnership). Hence Henan 南）合夥企業（有限合夥）的一致行動人士，因此河南資產Asset Management Co. Ltd. is deemed to own the same batch of 263985719 A 管理有限公司被視作擁有由泓羿投資管理（河南）合夥企

Shares of the Company directly held by Hong Yi Investment Management (Henan) 業（有限合夥）直接持有同一批263985719股本公司A股。

Partnership (Limited Partnership). Henan Asset Management Co. Ltd. directly owns 河南資產管理有限公司直接及被視作擁有合共333194876

and is deemed to own an aggregate of 333194876 A Shares and 8645200 H 股本公司A股及8645200股本公司H股。

Shares of the Company.

(2) Henan State-owned Capital Operation Group Investment Co. Ltd. directly holds (2) 河南國有資本運營集團投資有限公司直接持有34159479

34159479 A Shares of the Company. Henan Zhongyu Green New Energy Co. Ltd. 股本公司A股，河南中豫格林新能源有限公司直接持有

directly holds 31508305 A Shares of the Company. Henan State-owned Capital 31508305股本公司A股。河南國有資本運營集團有限公司Operation Group Co. Ltd. directly holds 178224597 A Shares of the Company. 直接持有178224597股本公司A股。河南國有資本運營集Henan State – owned Capital Operation Group Investment Co. Ltd. and Henan 團投資有限公司及河南中豫格林新能源有限公司都是河

Zhongyu Green New Energy Co. Ltd. are wholly owned subsidiaries of Henan State- 南國有資本運營集團有限公司的全資附屬公司。河南國owned Capital Operation Group Co. Ltd. Henan State-owned Capital Operation 有資本運營集團有限公司為河南省人民政府國有資產監

Group Co. Ltd. is a wholly owned subsidiary of the State-owned Assets Supervision 督管理委員會的全資附屬公司。

and Administration Commission of Henan Provincial People’s Government.Pursuant to the SFO the State-owned Assets Supervision and Administration 根據證券及期貨條例，河南省人民政府國有資產監督管Commission of Henan Provincial People’s Government is deemed to own the same 理委員會被視作擁有由河南國有資本運營集團有限公司

batch of 243892381 A Shares of the Company directly held by Henan State- 直接持有同一批243892381股本公司A股。

owned Capital Operation Group Co. Ltd.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 21Directors and Chief Executives

董事及最高行政人員

Substantial Shareholders’ Interests and Short 主要股東於本公司所持股份、相關股份

Positions in Shares and Underlying Shares of the 之權益及淡倉（續）

Company (Continued)

Notes: (Continued) 附註：（續）

(3) LSV ASSET MANAGEMENT held a total of 12302200 (long position) H Shares in (3) LSV ASSET MANAGEMENT於本公司以投資經理身份持有合

the Company in the capacity of investment manager 1267000 (long position) 共12302200股（好倉）H股權益。1267000股（好倉）H股為H Shares are deemed interest through its general partnership interest in certain 其通過作為普通合夥人於有限合夥中擁有的權益。根據limited partnerships. As disclosed in the notice of interest submitted by LSV LSV ASSET MANAGEMENT提交的權益通知（相關事件日期為ASSET MANAGEMENT (with the relevant event dated 15 April 2026) LSV ASSET 2026年4月15日）所披露，以下於H股的權益由LSV ASSETMANAGEMENT is interested in the following H Shares: MANAGEMENT持有：

Name of Direct interest

Name of controlled Corporation controlling person % control (Y/N) Number of shares直接權益

受控制法團名稱 控權人士名稱 控制百分比 (是╱否) 股份數目

LSV Emerging Markets Equity Fund LP LSV ASSET MANAGEMENT 100.00 Y Long position 974800

是 好倉

LSV Emerging Markets Small Cap Equity Fund LP LSV ASSET MANAGEMENT 100.00 Y Long position 292200

是 好倉

22 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Material Events

重要事項

Equity Interest 股本權益

As at 30 June 2026 the aggregate share capital of the H shares of the 截至 2026年 6月 30日，本公司 H股股本總數為人民Company was RMB243234200 divided into 243234200 shares of RMB1.00 幣 243234200元，分為 243234200股，每股面值人each. The aggregate share capital of the A shares of the Company was 民幣1.00元的股份；本公司A股股本總數為人民幣

RMB1542165730 divided into 1542165730 shares of RMB1.00 each. 1542165730元，分為1542165730股，每股面值人民幣1.00元的股份。

Interim Dividend 中期股息

The Board did not propose the payment of interim dividend for the six months 本公司董事會並無建議派付截至2026年6月30日止六個

ended 30 June 2026. 月之中期股息。

Use of Proceeds from Initial Public Offering on the 在聯交所首次公開招股所得款項的使用

Stock Exchange

All the proceeds raised from the H Share of the Company have been used up 本公司H股募集資金已在2021年12月31日之前全部使用

before 31 December 2021. 完畢。

Corporate Governance 企業管治

The Board of the Company is committed to maintaining a high standard 本公司董事會致力維護高水平企業管治。董事會相信，of corporate governance practices. The Board believes that effective and 有效及合理的企業管治常規對本集團之發展至關重要，reasonable corporate governance practices are essential to the development of 同時可保障及提升股東權益。

the Group and could safeguard and enhance the interests of the shareholders.The Company was listed on the Stock Exchange on 5 December 2012. During 本公司自2012年12月5日在聯交所上市。於報告期內，the reporting period the Company complied with the requirements in the 本公司已遵守聯交所證券上市規則（「上市規則」）附錄C1

code provisions as set out in the Corporate Governance Code and Corporate 《企業管治守則》及《企業管治報告》之守則條文所載規

Governance Report contained in Appendix C1 to the Rules Governing the Listing 定。

of Securities on the Stock Exchange (the “Listing Rules”).Purchase sale or redemption of the Company’s listed 購買、出售或贖回本公司上市證券

securities

During the reporting period the Company or any of its subsidiaries did not 於報告期內，本公司或其他任何附屬公司概無購買、出purchase sell or redeem any of the Company’s listed securities (including the 售或贖回本公司任何上市證券（包括出售庫存股份）。

sale of treasury shares).Proposed Public Offering of A Share Convertible 向不特定對象發行A股可轉換公司債券

Corporate Bonds to Unspecified Investors

The Board proposed on 15 January 2026 to make a public offering of A 本公司董事會於2026年1月15日建議向不特定對象發行

share convertible corporate bonds to unspecified investors. Accordingly the A股可轉換公司債券，據此本公司擬向上海證券交易所Company intends to apply to the Shanghai Stock Exchange for the offering 申請，在中國境內向不特定對象發行募集資金總額不超of A share convertible corporate bonds with an aggregate principal amount 過人民幣435000萬元（含人民幣435000萬元）的A股可轉

of not more than RMB4350 million (including RMB4350 million) within the 換公司債券。該事項由本公司股東於2026年3月25日舉PRC to unspecified investors. This matter was approved by way of poll by the 行之2026年第二次臨時股東會、2026年第二次A股類別

Company’s shareholders at the second extraordinary general meeting of 2026 股東會及2026年第二次H股類別股東會上以投票表決方

the second A share class meeting of 2026 and the second H share class

meeting of 2026 held on 25 March 2026. According to the authorization of the

shareholders’ meeting the Board made a resolution on 31 July 2026 to adjust

the total amount of funds raised to no more than RMB4140 million (including

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 23Material Events

重要事項

RMB4140 million). This matter is subject to the review of the issuance and 式批准。根據股東會的授權，本公司董事會於2026年7listing by the Shanghai Stock Exchange and registration by the CSRC before it 月31日作出決議，將募集資金總額調整為不超過人民幣can be implemented. 414000萬元（含人民幣414000萬元）。本事項尚待上海證券交易所發行上市審核並經中國證監會註冊後方可實施。

Material Transactions relating to Subsidiaries 有關附屬公司、聯營公司及合營企業的

Associates and Joint ventures 重大交易

During the reporting period the Company did not have any material acquisition 於報告期內，本公司概無進行有關附屬公司、聯營公司or disposal of subsidiaries associates and joint ventures. 及合營企業的重大收購或出售。

Future Plans for Material Investments or Acquisitions 未來作重大投資或購入資本資產的計劃

of Capital Assets

As at the end of the reporting period the Group had no specific plans for future 於報告期末，本集團並無未來作重大投資或購入資本資material investments or acquisitions of capital assets. 產的具體計劃。

Material Litigation and Arbitration 重大訴訟及仲裁

During the reporting period the Company was not involved in any material 於報告期內，本公司概無涉及任何重大訴訟或仲裁，亦litigation or arbitration and there was no litigation or claim of material 無任何尚未了結或可能提出或被控的重大訴訟或索償。

importance pending and threatened by or against the Company.Audit Committee 審計委員會The audit and risk management committee of the Company (the “Audit 本公司審計與風險管理委員會（「審計委員會」）已審閱本Committee”) has reviewed the accounting standards and practices adopted 公司所採納的會計準則及慣例，並討論有關審計、內部by the Company and has discussed the matters in relation to auditing internal 監控及財務申報事項。審計委員會已審閱本公司截至control and financial reporting. The Audit Committee has reviewed the unaudited 2026年6月30日止六個月未經審核中期簡明綜合財務資

interim condensed consolidated financial information for the six months ended 料及本中期報告。

30 June 2026 and this interim report of the Company.

Events after the reporting period 期後事項

Repurchase of A Shares by way of Centralized Bidding 以集中競價交易方式回購A股股份

The Board of the Company considered and approved the scheme on the 本公司董事會於2026年7月31日審議通過關於以集中競

repurchase of the Company’s A Shares by way of centralized bidding on 31 July 價交易方式回購本公司A股股份的方案。該方案其後於

2026. The scheme was subsequently formally approved by way of poll at the 2026年8月25日舉行的2026年第三次臨時股東會、2026

third extraordinary general meeting of 2026 the third A share class meeting of 年第三次A股類別股東會及2026年第三次H股類別股東會

2026 and the third H share class meeting of 2026 held on 25 August 2026. 上以投票表決方式獲正式批准。根據該方案，本公司將

Pursuant to the scheme the Company will implement the repurchase of A 按照經批准的回購目的、方式、實施期限、回購股份數

Shares in due course in accordance with the approved arrangements for the 量及資金總額等安排，適時實施A股股份回購。

repurchase purpose method implementation period number of shares to be

repurchased and total amount of funds among others.

24 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Report on Review of Condensed Consolidated Financial Statements

簡明綜合財務資料的審閱報告

To the Board of Directors of ZCZL Industrial Technology Group Company Limited 致中創智領（鄭州）工業技術集團股份有限公司董事會

(Incorporated in the People’s Republic of China with limited liability) （於中華人民共和國註冊成立的有限公司）

Introduction 引言

We have reviewed the condensed consolidated financial statements of ZCZL 本核數師（以下簡稱「我們」）已審閱列第27至76頁所載中

Industrial Technology Group Company Limited (the “Company”) and its 創智領（鄭州）工業技術集團股份有限公司（以下簡稱「貴subsidiaries (collectively referred to as the “Group”) set out on pages 27 to 76 公司」）及其附屬公司（以下統稱「貴集團」）的簡明綜合財

which comprise the condensed consolidated statement of financial position as 務報表，其包括於2026年6月30日的簡明綜合財務狀況of 30 June 2026 and the related condensed consolidated statement of profit 表與截至該日止六個月期間的相關簡明綜合損益及其他

or loss and other comprehensive income condensed consolidated statement 全面收益表、簡明綜合權益變動表和簡明綜合現金流量

of changes in equity and condensed consolidated statement of cash flows for 表，以及簡明綜合財務報表的附註。香港聯合交易所有the six-month period then ended and notes to the condensed consolidated 限公司證券上市規則規定，就中期財務資料擬備的報告financial statements. The Rules Governing the Listing of Securities on The Stock 必須符合以上規則的有關條文以及國際會計準則委員會Exchange of Hong Kong Limited require the preparation of a report on interim 頒佈之國際會計準則第34號「中期財務報告」（「國際會計financial information to be in compliance with the relevant provisions thereof 準則第34號」）。 貴公司董事須負責根據國際會計準則and International Accounting Standard 34 “Interim Financial Reporting” (“IAS 第34號擬備及列報該等簡明綜合財務報表。我們的責任34”) as issued by the International Accounting Standards Board. The directors 是根據我們的審閱對該等簡明綜合財務報表作出結論，

of the Company are responsible for the preparation and presentation of these 並僅按照我們協定的業務約定條款向 閣下（作為整體）

condensed consolidated financial statements in accordance with IAS 34. Our 報告我們的結論，除此之外本報告別無其他目的。我們responsibility is to express a conclusion on these condensed consolidated 不會就本報告的內容向任何其他人士負上或承擔任何責

financial statements based on our review and to report our conclusion solely to 任。

you as a body in accordance with our agreed terms of engagement and for

no other purpose. We do not assume responsibility towards or accept liability to

any other person for the contents of this report.Scope of Review 審閱範圍

We conducted our review in accordance with Hong Kong Standard on Review 我們已根據香港會計師公會頒佈的香港審閱準則第2410Engagements 2410 “Review of Interim Financial Information Performed by 號「由實體的獨立核數師執行中期財務資料審閱」進行審the Independent Auditor of the Entity” as issued by the Hong Kong Institute of 閱。審閱簡明綜合財務報表包括主要向負責財務和會計Certified Public Accountants. A review of these condensed consolidated financial 事務的人員作出查詢，及應用分析性和其他審閱程序。

statements consists of making inquiries primarily of persons responsible for 審閱的範圍遠較根據《香港審計準則》進行審計的範圍為

financial and accounting matters and applying analytical and other review 小，故不能令我們可保證我們將知悉在審計中可能被發procedures. A review is substantially less in scope than an audit conducted in 現的所有重大事項。因此，我們不會發表審計意見。

accordance with Hong Kong Standards on Auditing and consequently does not

enable us to obtain assurance that we would become aware of all significant

matters that might be identified in an audit. Accordingly we do not express an

audit opinion.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 25Report on Review of Condensed Consolidated Financial Statements

簡明綜合財務資料的審閱報告

Conclusion 結論

Based on our review nothing has come to our attention that causes us to 按照我們的審閱，我們並無發現任何事項，令我們相believe that the condensed consolidated financial statements are not prepared 信 貴集團的簡明綜合財務報表未有在各重大方面根據

in all material respects in accordance with IAS 34. 國際會計準則第34號擬備。

Deloitte Touche Tohmatsu 德勒 *關黃陳方會計師行

Certified Public Accountants 執業會計師

Hong Kong 香港

28 August 2026 2026年8月28日

26 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income

簡明綜合損益及其他全面收益表

For the six months ended 30 June 2026 截至2026年6月30日止六個月

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

Notes RMB’000 RMB’000

附註 人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Revenue 收入 4 18772087 19981541

Cost of sales 銷售成本 (15121290) (15327513)

Gross profit 毛利 3650797 4654028

Other income 其他收入 6 290050 239698

Other gains and losses 其他收益及虧損 7 53202 304687

Selling and distribution expenses 銷售及分銷開支 (446281) (420359)

Administrative expenses 行政開支 (706569) (622647)

Research and development expenses 研發費用 (763306) (813479)Impairment losses (including reversals of 減值虧損（包括金融資產及impairment losses or impairment gains) on 其他項目之減值虧損轉回financial assets and other items 或減值收益） (62365) (196172)

Share of profit of associates 應佔聯營公司溢利 28708 17886

Share of (loss) profit of joint ventures 應佔合營企業（虧損）溢利 (1353) 1304

Finance costs 融資成本 9 (96224) (126907)

Profit before tax 除稅前溢利 1946659 3038039

Income tax expense 所得稅開支 10 (277794) (456800)

Profit for the period 期內溢利 11 1668865 2581239

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 27Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income

簡明綜合損益及其他全面收益表

For the six months ended 30 June 2026 截至2026年6月30日止六個月

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

Notes RMB’000 RMB’000

附註 人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Other comprehensive income (expense): 其他全面收益（開支）：

Item that will not be reclassified subsequently to 將不會於其後重新分類至損益的

profit or loss: 項目：

Remeasurement of post-employment benefit 重新計量退休福利責任

obligations 5 (1)

Changes in the fair value of equity instruments 以公平值計量且其變動計入at fair value through other comprehensive 其他全面收益（「以公平值計量income (“FVTOCI”) 且其變動計入其他全面收益」）

的股本工具公平值變動 8 172610 –

Share of other comprehensive expense of 應佔聯營公司其他全面開支份額，associates net of related income tax 扣除相關所得稅 (111) –

Items that may be reclassified subsequently to 可能於其後重新分類至損益的

profit or loss: 項目：

Exchange differences arising on translation of 換算海外業務產生的匯兌差額

foreign operations (92962) 151624

Fair value gain on hedging instruments 指定作現金流對沖的對沖工具的

designated in cash flow hedges 公平值收益 – 6150

Other comprehensive income for the period 期內其他全面收益，net of income tax 扣除所得稅 79542 157773

Total comprehensive income for the period 期內全面收益總額 1748407 2739012

Profit for the period attributable to: 以下人士應佔期內溢利：

Owners of the Company 本公司股東 1613151 2527446

Non-controlling interests 非控股權益 55714 53793

1668865 2581239

Total comprehensive income for the period 以下人士應佔期內全面收益總額：

attributable to:

Owners of the Company 本公司股東 1692756 2685232

Non-controlling interests 非控股權益 55651 53780

1748407 2739012

Earnings per share 每股盈利

– Basic (RMB) －基本（人民幣元） 13 0.92 1.43

– Diluted (RMB) －攤薄（人民幣元） 13 0.92 1.43

28 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Condensed Consolidated Statement of Financial Position

簡明綜合財務狀況表

As at 30 June 2026 於2026年6月30日

As at As at

30 June 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

Notes RMB’000 RMB’000

附註 人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

NON-CURRENT ASSETS 非流動資產

Property plant and equipment 物業、廠房及設備 14 8794867 8456381

Right-of-use assets 使用權資產 15 2143846 2077895

Investment properties 投資物業 217352 251916

Goodwill 商譽 30 23435 –

Intangible assets 無形資產 753493 890389

Investments in associates 於聯營公司的投資 656072 648442

Investments in joint ventures 於合營企業的投資 69015 70368

Financial assets at fair value through profit or loss 以公平值計量且其變動計入

損益的金融資產 16 208375 72450

Equity instruments at FVTOCI 以公平值計量且其變動計入

其他全面收益的股本工具 16 1429015 1198869

Deferred income tax assets 遞延所得稅資產 17 477955 474214

Finance lease receivables 融資租賃應收款項 103430 110775

Long-term receivables 長期應收款項 911608 366618

Bank deposits 銀行存款 19 20417 73628

15808880 14691945

CURRENT ASSETS 流動資產

Finance lease receivables current portion 融資租賃應收款項，流動部分 43848 59498Long-term receivables current portion 長期應收款項，流動部分 739707 446482Inventories 存貨 6667365 6875501

Trade and other receivables contract assets 貿易及其他應收款項、合同資產 18 16364213 16616244

Transferred trade receivables 已劃轉的貿易應收款項 992754 655991

Financial assets at fair value through profit or loss 以公平值計量且其變動計入損益

的金融資產 16 3680322 4051370

Financial assets at FVTOCI 以公平值計量且其變動計入其他

全面收益的金融資產 16 1959336 2873335

Derivative financial instruments 衍生金融工具 16 19404 9649

Tax recoverable 可收回稅項 44935 37916

Bank deposits 銀行存款 19 1608988 2137915

Cash and cash equivalents 現金及現金等價物 19 3589489 3425729

35710361 37189630

Assets classified as held for sale 分類為持作出售的資產 20 – 91072

Total assets 總資產 51519241 51972647

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 29Condensed Consolidated Statement of Financial Position

簡明綜合財務狀況表

As at 30 June 2026 於2026年6月30日

As at As at

30 June 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

Notes RMB’000 RMB’000

附註 人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

NON-CURRENT LIABILITIES 非流動負債

Borrowings 借貸 22 5501687 2535081

Lease liabilities 租賃負債 963850 1034341

Deferred income tax liabilities 遞延所得稅負債 17 239027 200938

Contract liabilities 合同負債 50577 65723

Provisions 撥備 23 7145 2239

Employee benefit obligations 僱員福利責任 410181 385839

Other non-current liabilities 其他非流動負債 608388 436978

7780855 4661139

CURRENT LIABILITIES 流動負債

Trade and other payables 貿易及其他應付款項 21 15024084 15905441

Contract liabilities 合同負債 1378545 1430826

Income tax liabilities 所得稅負債 235613 309064

Borrowings 借貸 22 1146594 3652645

Lease liabilities 租賃負債 205566 164070

Provisions 撥備 23 254770 265916

Liabilities associated with transferred trade 與已劃轉的貿易應收款項有關的

receivables 負債 1006705 669942

Derivative financial instruments 衍生金融工具 16 19346 3028

19271223 22400932

Total liabilities 總負債 27052078 27062071

CAPITAL AND RESERVES 股本及儲備

Share capital 股本 24 1785400 1785400

Share premium 股份溢價 4548778 4548778

Reserves 儲備 17352832 17852553

Equity attributable to owners of the Company 本公司股東應佔權益 23687010 24186731

Non-controlling interests 非控股權益 780153 723845

Total equity 權益總額 24467163 24910576

Total equity and liabilities 權益及負債總額 51519241 51972647

The interim condensed consolidated financial statements on pages 27 to 76 董事會於2026年8月28日批准並授權刊發於第27頁至76

were approved and authorised for issue by the Board of Directors on 28 August 頁之中期簡明綜合財務報表，並由下列董事代表簽署：

2026 and are signed on its behalf by:

Jiao Chengyao Jia Hao

焦承堯 賈浩

DIRECTOR DIRECTOR

董事 董事

30 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Condensed Consolidated Statement of Changes in Equity

簡明綜合權益變動表

For the six months ended 30 June 2026 截至2026年6月30日止六個月

Attributable to owners of the Company本公司股東應佔

Statutory Currency Cash flow Non-

Share Share Treasury Revaluation surplus translation hedging Other Retained controlling Total

capital premium share reserve reserve reserve reserves reserves earnings Subtotal interests equity

法定 貨幣 現金流量 非控股

股本 股份溢價 庫存股份 重估儲備 盈餘公積 匯兌儲備 對沖儲備 其他儲備 保留盈利 小計 權益 權益總額

RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000

人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元

(Note c)（附註c）

At 1 January 2026 (audited) 於2026年1月1日（經審核） 1785400 4548778 (556187) 496975 1198347 (105045) 200 50798 16767465 24186731 723845 24910576

Profit for the period 期間溢利 – – – – – – – – 1613151 1613151 55714 1668865

Other comprehensive income 期內其他全面收益（開支）

(expense) for the period – – – 172615 – (92899) – (111) – 79605 (63) 79542

Total comprehensive income 期內全面收益（開支）總額

(expense) for the period – – – 172615 – (92899) – (111) 1613151 1692756 55651 1748407

Expenses recognized and deferred 確認與限制性股票激勵

income tax assets reversed related 計劃相關的費用及

to restricted share incentive 轉回遞延所得稅資產

scheme (Notes 17 and 25) （附註17及25） – – – – – – – (7097) – (7097) (467) (7564)

Employee stock ownership plan of a 一間附屬公司的員工

subsidiary 持股計劃 – – – – – – – 1161 – 1161 6 1167

Acquisition of a subsidiary (Note 30) 收購一間附屬公司（附註30） – – – – – – – – – – 1206 1206

Adjustment due to capital increase 因本公司對附屬公司增資

in subsidiaries 而作出之調整 – – – – – – – (3691) – (3691) 3691 –

Dividends (Note 12) 股息（附註12） – – 3142 – – – – – (2185992) (2182850) (3779) (2186629)

At 30 June 2026 (unaudited) 於2026年6月30日（未經審核） 1785400 4548778 (553045) 669590 1198347 (197944) 200 41060 16194624 23687010 780153 24467163

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 31Condensed Consolidated Statement of Changes in Equity

簡明綜合權益變動表

For the six months ended 30 June 2026 截至2026年6月30日止六個月

Attributable to owners of the Company本公司股東應佔

Statutory Currency Cash flow Non-

Share Share Treasury Revaluation surplus translation hedging Other Retained controlling Total

capital premium share reserve reserve reserve reserves reserves earnings Subtotal interests equity

法定 貨幣 現金流量 非控股

股本 股份溢價 庫存股份 重估儲備 盈餘公積 匯兌儲備 對沖儲備 其他儲備 保留盈利 小計 權益 權益總額

RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000

人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元

(Note c)（附註c）

At 1 January 2025 (audited) 於2025年1月1日（經審核） 1785400 4548778 – 125641 1198347 (203122) (4408) 39225 14460938 21950799 794910 22745709

Profit for the period 期內溢利 – – – – – – – – 2527446 2527446 53793 2581239

Other comprehensive (expense) 期內其他全面（開支）收益

income for the period – – – (1) – 151637 6150 – – 157786 (13) 157773

Total comprehensive (expense) 期內全面（開支）收益總額

income for the period – – – (1) – 151637 6150 – 2527446 2685232 53780 2739012

Employee stock ownership plan of a 一間附屬公司的員工持股計劃

subsidiary – – – – – – – 1439 – 1439 26 1465

Repurchase of treasury stock (Note 24) 回購庫存股份（附註24） – – (600002) – – – – – – (600002) – (600002)

Acquisition of non-controlling 收購非控股權益（附註a）

interests (Note a) – – – – – – – (118540) – (118540) (291012) (409552)

Capital contribution from non-controlling 非控制性權益注資（附註b）

interests (Note b) – – – – – – – 45136 – 45136 158079 203215

Dividends (Note 12) 股息（附註12） – – – – – – – – (1955833) (1955833) (5498) (1961331)

At 30 June 2025 (unaudited) 於2025年6月30日（未經審核） 1785400 4548778 (600002) 125640 1198347 (51485) 1742 (32740) 15032551 22008231 710285 22718516

Note a: On 17 January 2025 the Company acquired 17.10% of the shares from the 附註a： 於2025年1月17日，本公司以人民幣72504000元之代價minority shareholders of ASIMCO Camshaft (Yizheng) Co. Ltd. at a consideration 向亞新科凸輪軸（儀徵）有限公司少數股東收購17.10%

of RMB72504000 and 16.56% of the shares from the minority shareholders 股份，及以人民幣243596000元之代價向儀徵亞新科雙of ASIMCO Shuanghuan Piston Ring (Yizheng) Co.Ltd. at a consideration of 環活塞環有限公司少數股東收購16.56%的股份。該交RMB243596000. After this transaction the Company held 80.10% equity 易完成後，本公司持有兩家實體80.10%的股權。

interest in both entities.On 3 June 2025 the Company acquired 1.2889% of the shares from the 於2025年6月3日，本公司以人民幣93452000元之代價minority shareholders of Zhengzhou Hengda Intelligent Control Technology Co. 向鄭州恒達智控科技股份有限公司（「恆達智控」）少數

Ltd. (“Hengda Intelligent”) at a consideration of RMB93452000. After this 股東收購1.2889%股份。該交易完成後，本公司持有恒transaction the Company held 99.4922% equity interest in Hengda Intelligent. 達智控99.4922%股權。

Note b: On 8 February 2025 ASIMCO (Nanjing) Limited (“ASIMCO Nanjing”) entered into 附註b：2025年2月8日，亞新科工業技術（南京）有限公司（「亞the capital increase agreement with a strategic investor. The strategic investor 新科南京」）與一位戰略投資者簽署增資協議。該戰contributed RMB198315000 and held 4.50% equity interest in ASIMCO 略投資者出資人民幣198315000元並持有亞新科南京

Nanjing. After the capital increase transaction the Company held 95.50% equity 4.50%的股權。於增資交易完成後，本公司持有亞新科interest in ASIMCO Nanjing. 南京的95.50%股權。

Note c: The cash flow hedging reserves represent the cumulative effective portion of

gains and losses arising on changes in fair value of hedging instruments entered 附註c： 現金流量對沖儲備指就現金流量對沖訂立的對沖工具

into for cash flow hedges. The cumulative gains and losses arising on changes in 的公平值變動產生的收益及虧損累計有效部分。已於fair value of the hedging instrument that are recognised and accumulated under 現金流量對沖儲備確認及累計的對沖工具的公平值變

the cash flow hedging reserves will be reclassified to profit or loss only when the 動產生的累計收益及虧損僅在對沖項目影響損益時方

hedged item affects the profit or loss or is included as an adjustment to the non- 會重新分類至損益，或計入非財務對沖項目的調整之financial hedged item. 內。

32 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Condensed Consolidated Statement of Cash Flows

簡明綜合現金流量表

For the six months ended 30 June 2026 截至2026年6月30日止六個月

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

NET CASH FROM OPERATING ACTIVITIES 經營活動所得現金淨額 1983445 1451658

INVESTING ACTIVITIES 投資活動

Interest income on bank deposits long-term receivables 銀行存款、長期應收款項及融資租賃

and finance lease receivables 應收款項的利息收入 64793 54350

Government grants related to assets received 就資產收取的政府補助 219786 72832

Dividends from an associate 一間聯營公司的股息 20081 13862

Acquisition of a subsidiary (Note 30) 收購一間附屬公司（附註30） (31925) –

Proceeds on disposal of property plant and equipment 出售物業、廠房及設備以、無形資產

intangible assets and assets classified as held for sale 及分類為持作出售資產所得款項 92191 58879

Purchase of financial assets at fair value 購置以公平值計量且其變動計入

through profit or loss 損益的金融資產 (135925) –

Purchases of equity instruments at FVTOCI 購置以公平值計量且其變動計入

其他全面收益的股本工具 – (300000)

Purchases of property plant and equipment 購置物業、廠房及設備 (1111498) (607456)

Purchases of intangible assets 購置無形資產 (60915) (137205)

Purchases of land use right 購置土地使用權 (124246) (12411)

Payment of contribution to an associate 向一家聯營公司支付供款 – (7500)

Placement for other financial assets certificate 存放其他金融資產、存單及

of deposits and structured deposits 結構性存款 (6127000) (4312300)

Proceeds from other financial assets certificate 其他金融資產、存單及結構性

of deposits and structured deposits 存款所得款項 6552615 4177169

Placement of bank deposits with original maturity 存放原到期日三個月以上的

over three months 銀行存款 – (304378)

Withdrawal of bank deposits with original maturity 提取原到期日為三個月以上的

over three months 銀行存款 613577 760794

Placement of pledged bank deposits 存放已抵押銀行存款 (1397527) (739646)

Withdrawal of pledged bank deposits 提取已抵押銀行存款 1366086 950354

Placement of restricted cash 存放受限制現金 – (412)

Withdrawal of restricted cash 提取受限制現金 2 –

Net settlement amount of derivative financial instruments 衍生金融工具公平值結算淨額 (14626) 21553

NET CASH USED IN INVESTING ACTIVITIES 投資活動所用現金淨額 (74531) (311515)

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 33Condensed Consolidated Statement of Cash Flows

簡明綜合現金流量表

For the six months ended 30 June 2026 截至2026年6月30日止六個月

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

FINANCING ACTIVITIES 融資活動

Proceeds from new borrowings 新借貸所得款項 3344614 2444072

Proceeds from restricted share incentive 限制性股票激勵計劃所得款項

scheme (Note 25) （附註25） – 277549

Purchase of non-controlling interests 購置非控股權益 – (409552)

Repurchase of treasury stock 回購庫存股份 – (600002)

Repayment of borrowings 償還借貸 (2802410) (3018663)

Interests paid 已付利息 (74451) (130096)

Contribution from non-controlling interests 非控股權益出資 – 203215

Dividends paid to the Company’s shareholders 已付本公司股東股息 (2088101) –

Dividends paid to non-controlling interests 已付非控股權益股息 (3779) (5498)

Lease payments 租賃款項 (63641) (99747)

NET CASH USED IN FINANCING ACTIVITIES 融資活動所用現金淨額 (1687768) (1338722)

NET INCREASE (DECREASE) IN CASH 現金及現金等價物增加（減少）淨額

AND CASH EQUIVALENTS 221146 (198579)

EFFECT OF FOREIGN EXCHANGE RATE CHANGES 匯率變動的影響 (57386) 15152

CASH AND CASH EQUIVALENTS AT 1 JANUARY 於1月1日的現金及現金等價物 3425729 2987585

CASH AND CASH EQUIVALENTS AT 30 JUNE 於6月30日的現金及現金等價物

represented by cash and cash equivalents 指現金及現金等價物

(Note 19) （附註19） 3589489 2804158

34 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

1. General information 1. 一般資料

ZCZL Industrial Technology Group Company Limited (the “Company” 中創智領（鄭州）工業技術集團股份有限公司（「本公formerly known as ZMJ Group Company Limited and Zhengzhou Coal 司」，前稱鄭州煤礦機械集團股份有限公司）於中華Mining Machinery Group Company Limited) was established in the 人民共和國（「中國」）國有企業鄭州煤礦機械集團有

People’s Republic of China (the “PRC”) on 28 December 2008 as a joint 限責任公司重組後，根據中國公司法於2008年12月stock company with limited liability under the Company Law of the PRC 28日在中國成立為股份有限公司。

after a reorganisation of Zhengzhou Coal Mining Machinery Group Co.Ltd. a state owned enterprise in the PRC.The respective addresses of the registered office and the principal place of 本公司的註冊辦事處地址及主要營業地點各自披露

business of the Company are disclosed in the corporate information section 於中期報告公司資料一節。本公司與其附屬公司of the interim report. The Company and its subsidiaries (collectively the （統稱「本集團」）從事煤礦機械及汽車零部件製造兩

“Group”) are mainly engaged in manufacturing of coal mining machinery 大主業。於2025年，為反映本集團之增長動力，本and auto parts. In 2025 in order to reflect the Group’s growth drivers 集團已重組煤礦機械製造業務及報告架構，將煤礦the Group has reorganised its manufacturing of coal mining machinery 工作面智能化產品製造及智能工廠建設產業獨立呈

business and the reporting structure to present the manufacturing of 列為工業智能產品分部（附註5）。

intelligent products of coal mining working face and intelligent factory

construction industrial solely as the segment of industrial intelligence

products (Note 5).The condensed consolidated financial statements are presented in 除另有界定外，簡明綜合財務報表以人民幣（「人民Renminbi (“RMB”) unless otherwise stated. 幣」）呈列。

2. Basis of preparation 2. 編製基準The condensed consolidated financial statements have been prepared in 簡明綜合財務資料乃根據國際會計準則委員會（「國accordance with International Accounting Standard 34 “Interim Financial 際會計準則委員會」）所發佈的國際會計準則第34號Reporting” issued by the International Accounting Standards Board (the 「中期財務報告」的規定編製，且符合香港聯合交易“IASB”) as well as the applicable disclosure requirements of the Rules 所有限公司證券上市規則適用披露的規定。

Governing the Listing of Securities on The Stock Exchange of Hong Kong

Limited.

3. Accounting Policies 3. 會計政策

The condensed consolidated financial statements have been prepared on 除若干金融工具乃按公平值計量（倘適用）之外，簡the historical cost basis except for certain financial instruments which are 明綜合財務報表已按歷史成本基準編製。

measured at fair values as appropriate.Other than additional/change in accounting policies resulting from 除應用經修訂國際財務報告準則會計準則導致會計

application of amendments to IFRS Accounting Standards the accounting 政策新增╱變動外，截至2026年6月30日止六個月policies and methods of computation used in the condensed consolidated 的簡明綜合財務報表所用的會計政策及計算方法與

financial statements for the six months ended 30 June 2026 are the same 本集團截至2025年12月31日止年度的年度綜合財務

as those presented in the Group’s annual consolidated financial statements 報表所呈列者相同。

for the year ended 31 December 2025.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 35Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

3. Accounting policies (Continued) 3. 會計政策（續）

Application of amendments to IFRS Accounting 應用國際財務報告準則會計準則修訂

Standards

In the current interim period the Group has applied the following 於本中期期間，為編製本集團簡明綜合財務報表，amendments to IFRS Accounting Standards issued by the IASB for the 本集團已首次應用以下由國際會計準則理事會頒佈

first time which are mandatorily effective for the Group’s annual period 的經修訂國際財務報告準則會計準則，該等準則於beginning on 1 January 2026 for the preparation of the Group’s condensed 2026年1月1日開始的本集團年度期間強制生效：

consolidated financial statements:

Amendments to IFRS 9 and Amendments to the Classification 國際財務報告準則第9號及 對金融工具分類及

IFRS 7 and Measurement of Financial 國際財務報告準則第7號 計量的修訂

Instruments （修訂本）

Amendments to IFRS 9 and Contracts Referencing Nature- 國際財務報告準則第9號及 依賴自然條件的電

IFRS 7 dependent Electricity 國際財務報告準則第7號 力合約（修訂本）

Amendments to IFRS Annual Improvements to IFRS 國際財務報告準則會計準則 國際財務報告準則

Accounting Standards Accounting Standards – Volume 11 （修訂本） 會計準則的年度

改進－第11冊

Except for the amendments to IFRS Accounting Standards mentioned 除下文所述國際財務報告準則會計準則修訂本外，below the application of all other amendments to IFRS Accounting 於本中期期間應用所有其他國際財務報告準則會計

Standards in the current interim period has had no material impact on 準則修訂本對本集團於本期間及過往期間的財務狀

the Group’s financial positions and performance for the current and prior 況及表現及╱或於該等簡明綜合財務報表所載披露

periods and/or on the disclosures set out in these condensed consolidated 並無造成重大影響。

financial statements.Impacts on application of Amendments to IFRS 9 應用國際財務報告準則第9號及國際

and IFRS 7 Amendments to the Classification and 財務報告準則第7號修訂本金融工具

Measurement of Financial Instruments 分類及計量之修訂本的影響

Transition and summary of impact 過渡及影響概要

Additional disclosure requirements 額外披露規定

The Group has provided additional disclosures of investment in equity 根據經修訂國際財務報告準則第7號的規定，本集instrument which the Group has elected on initial recognition to measure 團已就本集團於初始確認時選擇以公平值計量且其

at FVTOCI as required by the amended IFRS 7. Such disclosures are set 變動計入其他全面收益的權益工具投資提供額外披

out in Note 8. 露。該等披露載於附註8。

36 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

4. Revenue 4. 收入

Disaggregation of revenue 收入的細分

Six months ended 30 June 2026截至2026年6月30日止六個月

Industrial

Manufacture intelligence

of coal mining Manufacture products

machinery of auto parts (Note 5) Total

製造 製造 工業智能產品

煤礦機械 汽車零部件 （附註5） 總計

RMB’000 RMB’000 RMB’000 RMB’000

人民幣千元 人民幣千元 人民幣千元 人民幣千元

(unaudited) (unaudited) (unaudited) (unaudited)（未經審核） （未經審核） （未經審核） （未經審核）

Types of goods 貨品類型

Sales of auto parts 汽車零部件的銷售 – 10401189 – 10401189

Sales of hydraulic roof supports 液壓支架的銷售 4733544 – – 4733544

Revenue from steel and other 鋼鐵及其他原料貿易的

materials trading 收入 1336268 72969 5750 1414987

Sales of spare parts for coal 煤礦機械配件的銷售

mining machinery 462212 – 971950 1434162

Sales of other coal mining 其他採煤設備的銷售

equipment 461146 – – 461146

Other revenue 其他收入 190640 69310 67109 327059

7183810 10543468 1044809 18772087

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 37Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

4. Revenue (Continued) 4. 收入（續）

Disaggregation of revenue (Continued) 收入的細分（續）

Six months ended 30 June 2025 (restated)截至2025年6月30日止六個月

Manufacture Industrial

of coal mining Manufacture intelligence

machinery of auto parts products Total

製造 製造 工業智能產品

煤礦機械 汽車零部件 （附註5） 總計

RMB’000 RMB’000 RMB’000 RMB’000

人民幣千元 人民幣千元 人民幣千元 人民幣千元

(unaudited) (unaudited) (unaudited) (unaudited)（未經審核） （未經審核） （未經審核） （未經審核）

Types of goods 貨品類型

Sales of auto parts 汽車零部件的銷售 – 9776125 – 9776125

Sales of hydraulic roof supports 液壓支架的銷售 6758703 – – 6758703

Revenue from steel and other 鋼鐵及其他原料貿易的

materials trading 收入 1358268 23850 7141 1389259

Sales of spare parts for coal 煤礦機械配件的銷售

mining machinery 367663 – 1073883 1441546

Sales of other coal mining 其他採煤設備的銷售

equipment 491131 – – 491131

Other revenue 其他收入 85485 32864 6428 124777

9061250 9832839 1087452 19981541

All revenues from contract with customers are recognised at a point in 客戶合同所得收益於某一時間點確認。

time.

38 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

5. Segment information 5. 分部資料

Information reported to the chief executive of the Company being the 就資源分配及分部表現評估向本公司最高行政人員

chief operating decision maker (“CODM”) for the purposes of resource （即「主要營運決策者」）報告的資料集中於提交或提

allocation and assessment of segment performance focuses on types of 供的貨品或服務種類。

goods or services delivered or provided.CODM primarily uses a measure of segment net profit to assess the 主要營運決策者主要使用分部淨利潤的計量評估經

performance of operating segments. 營分部表現。

During the year of 2025 the Group reorganised its manufacturing 於2025年度，本集團重組其煤礦機械製造業務。因of coal mining machinery business. Correspondingly the Group has 此，本集團已修訂內部報告架構，以提供更具針對revised internal reporting structure to provide more focused and relevant 性及相關性的資料，從而反映本集團的增長動力，information to reflect the Group’s growth drivers which resulted in 此舉導致其可呈報分部的組成有所變動。因此，本changes to the composition of its reportable segments. A new segment 年度已新增工業智能產品分部。為與本期間之呈列of industrial intelligence products has been added as a result. Prior period 方式保持一致，先前期間的分部披露已作重列。

segment disclosures have been represented to conform with the current

period’s presentation.Specifically the Group’s reportable segments under IFRS 8 are (i) 具體而言，根據國際財務報告準則第8號，本集團manufacture of coal mining machinery; (ii) manufacture of auto parts and 的可呈報分部為(i)製造煤礦機械；(ii)製造汽車零部

(iii) industrial intelligence products. No operating segments have been 件及(iii)工業智能產品。並無經營分部合併成為本集aggregated in arriving at the reportable segments of the Group. 團可呈報分部。

The following is an analysis of the Group’s revenue and results by 本集團的收入及業績按可呈報及經營分部的分析如

reportable and operating segments. 下。

Manufacture

of coal mining Manufacture Intelligence

machinery of auto parts products Eliminations Total

製造 製造

煤礦機械 汽車零部件 工業智能產品 對銷 總計

RMB’000 RMB’000 RMB’000 RMB’000 RMB’000

人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元

(unaudited) (unaudited) (unaudited) (unaudited) (unaudited)（未經審核） （未經審核） （未經審核） （未經審核） （未經審核）

Six months ended 30 June 2026 截至2026年6月30日止六個月

Segment revenue 分部收入 7229575 10543468 1573402 (574358) 18772087

Segment net profit 分部淨利潤 886669 422733 385975 (26512) 1668865

Six months ended 30 June 2025 (restated) 截至2025年6月30日止六個月（經重列）

Segment revenue 分部收入 9072069 9832839 1607756 (531123) 19981541

Segment net profit 分部淨利潤 1812975 295170 478523 (5429) 2581239

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 39Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

5. Segment information (Continued) 5. 分部資料（續）

The following is an analysis of the Group’s assets and liabilities by 本集團的資產及負債按可呈報及經營分部的分析如

reportable and operating segments. The Group prepared the segment 下。本集團就總資產及總負債編製分部報告，不包reporting for total assets and liabilities excluding the impact of goodwill. 括商譽的影響。該項目均與製造汽車零部件分部相The item is related to manufacture of auto parts segment. 關。

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

SEGMENT ASSETS 分部資產

Manufacture of coal mining machinery 製造煤礦機械 25379555 26809780

Manufacture of auto parts 製造汽車零部件 22858063 21353151

Industrial intelligence products 工業智能產品 3258188 3809716

Total segment assets 總分部資產 51495806 51972647

Goodwill 商譽 23435 –

Consolidated assets 綜合資產 51519241 51972647

SEGMENT LIABILITIES 分部負債

Manufacture of coal mining machinery 製造煤礦機械 15009585 17437920

Manufacture of auto parts 製造汽車零部件 10374934 7954189

Industrial intelligence products 工業智能產品 1667559 1669962

Consolidated liabilities 綜合負債 27052078 27062071

Geographical information 地域資料

The analysis of revenue by geographical location of customers is as 收入按客戶地點的分析如下：

follows:

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

The PRC 中國 12091297 13681470

Germany 德國 3584438 2910546

Other countries 其他國家 3096352 3389525

18772087 19981541

40 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

6. Other income 6. 其他收入

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Interest income on bank deposits long-term 銀行存款、長期應收款項及

receivables and finance lease receivables 融資租賃應收款項的利息收入 65579 55719

Government grants (Note) 政府補助（附註） 179849 127748

Gain from additional input value-added tax credit 額外進項增值稅抵免收益 44622 56231

290050 239698

Note: During the current interim period the Group recognised government grants 附註：於本中期期間，本集團就搬遷及暫停部分生產設of RMB61000000 (six months ended 30 June 2025: Nil) in respect of 施的補償確認政府補助人民幣61000000元（截至compensations relating to the relocation and suspension of production 2025年6月30日止六個月：零）。其他政府補助主要of certain of the Group’s production facilities. Other government grants 指就補償所產生研發開支及就本集團新建廠房而

mainly represent government grants received from the local government for 自地方政府收取的政府補助，在相關開支產生時compensation of research and development expenses incurred and in respect 或相關資產可使用年期內自遞延收入轉撥至損益。

of construction of the Group’s new plant which are transferred from deferred

income to profit or loss when related expenses incurred or over the useful

lives of the relevant assets.

7. Other gains and losses 7. 其他收益及虧損

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Net fair value gains on financial assets at 以公平值計量且其變動計入損益的

fair value through profit or loss 金融資產的公平值收益淨額 54567 275164

Net foreign exchange loss 外匯虧損淨額 (98216) (27846)

Net gains on disposal of property plant and 出售物業、廠房及設備、無形

equipment intangible assets and assets 資產及分類為持作出售資產的

classified as held for sale 收益淨額 126292 2144

Net fair value (loss) gains on derivative financial 衍生金融工具公平值（虧損）

instruments 收益淨額 (21045) 52376

Others 其他 (8396) 2849

53202 304687

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 41Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

8. Fair value gain on investments in equity 8. 以公平值計量且其變動計入其他全面

instruments at FVTOCI 收益的權益工具投資的公平值收益

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Fair value gain during the period arising from 期末持有的權益工具投資於期內

investments in equity instruments held at the 產生的公平值收益 N/A

end of the period 230146 不適用

Income tax relating to fair value gain during 期內與公平值收益相關的所得稅 N/A

the period (57536) 不適用

Total gain on equity instruments at FVTOCI 於其他全面收益確認的以公平值

recognised in other comprehensive income 計量且其變動計入其他全面 N/A

收益的權益工具總收益 172610 不適用

9. Finance costs 9. 融資成本

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Interests on bank borrowings 銀行借貸利息 79448 110951

Interests on leases 租賃利息 16776 15956

96224 126907

42 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

10. Income tax expense 10. 所得稅開支

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Current income tax 即期所得稅 317221 430898

Under provision in prior years 過往年度撥備不足 1182 1319

Deferred income tax – current period 遞延所得稅－本期間 (40609) 24583

277794 456800

(a) PRC corporate income tax (a) 中國企業所得稅

The corporate income tax is calculated based on the statutory profit 企業所得稅是根據中國的稅收法律法規對於中

of subsidiaries incorporated in the PRC and the applicable tax rate in 國註冊成立的附屬公司的法定溢利按適用稅率

accordance with the PRC tax laws and regulations after adjustments 計算所得，當中經調整對於所得稅而言毋須評on certain income and expense items which are not assessable or 稅或不可扣稅的若干收支項目。

deductible for income tax purposes.In accordance with the PRC tax laws standard corporate income tax 根據中國稅法，標準企業所得稅率為25%。於rate is 25%. The Company and certain subsidiaries are qualified for 2026年及2025年中期期間，本公司及若干附屬High technology enterprises status and enjoyed preferential income 公司符合高技術企業資格，享受15%的優惠所tax rate of 15% during the interim period of 2026 and 2025. 得稅率。

(b) Germany profits tax (b) 德國利得稅

Applicable profit tax rate of Germany is 29% (2025: 29%). During 德國適用的利得稅率為29%（2025年：29%）。

the interim period of 2026 no profit tax has been provided due to no 於2026年中期期間，由於並無應課稅溢利，故assessable profit (2025: Nil). 並無計提利得稅撥備（2025年：零）。

(c) Others (c) 其他

Applicable profit tax rates of the Group’s other subsidiaries are 於2026年上半年，本集團其他附屬公司適用的between 9% and 34.01% for the first half of 2026 (2025: between 利得稅率介乎9%至34.01%之間（2025年：介乎

9% and 34.01%). 9%至34.01%之間）。

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 43Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

10. Income tax expense (Continued) 10. 所得稅開支（續）

(d) Pillar Two Rules (d) 支柱二規則The Group is subject to the global minimum top-up tax under Global 本集團須遵守全球反稅基侵蝕規則（「支柱二規Anti-base Erosion Rules (“Pillar Two Rules”). Pillar Two Rules have 則」）全球最低補足稅。支柱二規則已於多個become effective in many jurisdictions including Hong Kong in which 司法權區（包括在本公司附屬公司香港聖吉國the Company’s subsidiary namely Hong Kong SMG International 際有限公司（「香港聖吉」）的註冊成立地香港）

Co. Limited (“SMG”) is incorporated. The top-up tax relates to 生效。補足稅與索恩格汽車部件（中國）有限公operation of SEG Automotive Products (China) Co. Ltd. (an indirectly 司（香港聖吉的間接持有附屬公司）的營運有

held subsidiary of SMG) where the annual global effective tax rate in 關，於中國的年度全球實際稅率預計將略低於China is estimated to be slightly below 15%. The Group has assessed 15%。本集團已根據徵收條文評估預期將向香top-up tax which is expected to be levied on SMG according to the 港聖吉徵收的經評估補足稅，並根據預計的經charging provisions and using the tax rate based on the estimated 調整涵蓋稅項及年度全球淨收入使用該稅率進

adjusted covered taxes and net global income for the year and 行計算，認為對本集團當期的影響極微。

considered the impact for the current period is minimal to the Group.The Group has applied the temporary mandatory exception for 本集團已就補足稅的影響確認及披露遞延稅項

recognising and disclosing deferred tax assets and liabilities for the 資產及負債的臨時強制性例外情況，並會於其impacts of the top-up tax and accounts for it as a current tax when it is 發生時將其作為即期稅項入賬。

incurred.

11. Profit for the period 11. 期內溢利

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Depreciation of property plant and equipment 物業、廠房及設備折舊 488400 423625

Depreciation of right-of-use assets 使用權資產折舊 90378 85345

Depreciation of investment properties 投資物業折舊 7525 8398

Amortisation of intangible assets 無形資產攤銷 147015 114887

Total depreciation and amortisation 折舊及攤銷總額 733318 632255

Capitalised in inventories 存貨資本化 (566763) (478245)

166555 154010

Employee benefits expenses (including directors): 僱員福利開支（包括董事）：

– Salaries and other benefits －薪金及其他福利 1891566 1804082

– Share base payment －以股份為基礎的付款 5038 –

– Retirement benefit scheme contributions －退休福利計劃供款 109178 106880

Total employee benefits expenses 僱員福利開支總額 2005782 1910962

Capitalised in inventories 存貨資本化 (1074392) (1014521)

931390 896441

Provide (reversal) of inventory provision 計提（撥回）存貨撥備 11244 (5364)

Cost of inventories recognised as an expense 確認為開支的存貨成本 15036704 15230226

44 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

12. Dividends 12. 股息

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Dividends recognised as distribution during the period 期內確認為分派的股息

– 2025 Final (RMB1.25 per share) －2025年末期（每股人民幣1.25元） 2185992 –

– 2024 Final (RMB1.12 per share) －2024年末期（每股人民幣1.12元） – 1955833

2185992 1955833

During the current interim period in respect of the year ended 於本中期期間，就截至2025年12月31日止年度

31 December 2025 RMB1.25 per share and totally amount to 宣派末期股息每股人民幣1.25元，合共人民幣RMB2231750000 of the final dividend was declared (the six months 2231750000元（截至2025年6月30日止六個月：就ended 30 June 2025: in respect of the year ended 31 December 2024 截至2024年12月31日止年度宣派末期股息每股人民RMB1.12 per share and totally amount to RMB1955833000 of the 幣1.12元，合共人民幣1955833000元）。其後，由final dividend was declared). Subsequently dividend amounting to 於沒收限制性股份，股息人民幣45758000元已予RMB45758000 was cancelled due to the forfeit of restricted shares. 註銷。本公司已於截至2026年6月30日止六個月內Dividend amounting to RMB2088101000 has been paid by the Company 派付股息人民幣2088101000元（截至2025年6月30during the six months ended 30 June 2026 (the six months ended 30 日止六個月：零）。剩餘股息人民幣143649000元June 2025: Nil). The remaining dividend of RMB143649000 was paid by 已由本公司於2026年7月派付。本公司董事確定不the Company in July 2026. The directors of the Company have determined 會就截至2026年6月30日止六個月派付股息（截至that no dividend will be paid in respect of the six months ended 30 June 2025年6月30日止六個月：零）。

2026 (the six months ended 30 June 2025: Nil).

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 45Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

13. Earnings per share 13. 每股盈利

(a) Basic earnings per share (a) 每股基本盈利

The calculation of basic earnings per share attributable to owners of 本公司股東應佔的每股基本盈利按以下數據計

the Company is based on the following data: 算：

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

(unaudited) (unaudited)（未經審核） （未經審核）

Earnings for the purpose of basic earnings per 計算每股基本盈利的盈利

share (profit for the period attributable to owners （本公司股東應佔期內溢利）

of the Company) (RMB’000) （人民幣千元） 1613151 2527446

Weighted average number of ordinary shares for 計算每股基本盈利的普通股

the purpose of basic earnings per share 加權平均數 1746279800 1762442635

Basic earnings per share (RMB) 每股基本盈利（人民幣） 0.92 1.43

46 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

13. Earnings per share (Continued) 13. 每股盈利（續）

(b) Diluted earnings per share (b) 每股攤薄盈利

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

(unaudited) (unaudited)（未經審核） （未經審核）

Earnings: 盈利：

Profit attributable to owners of the Company used 計算每股攤薄盈利所用本公司

in the diluted earnings per share calculation 擁有人應佔溢利

(RMB’000) （人民幣千元） 1613151 2527446

Number of shares: 股份數目：

Weighted average number of ordinary shares in 計算期內每股已發行普通股的

issue during the period per share calculation 加權平均數 1746279800 1762442635

Add: restricted share incentive (Note 25) 加：限制性股票激勵（附註25） 7714476 –

Weighted average number of ordinary shares in 於計算每股攤薄盈利時

issue and potential ordinary shares used as 用作分母的已發行及

the denominator in calculating diluted earnings 潛在普通股加權平均數

per share 1753994276 1762442635

Diluted earnings per share (RMB) 每股攤薄盈利（人民幣） 0.92 1.43

Diluted earnings per share for the six months ended 30 June 2026 截至2026年6月30日止六個月，每股攤薄盈利is calculated by adjusting the weighted average number of ordinary 透過調整已發行普通股加權平均數以假設所有

shares outstanding to assume conversion of all dilutive potential 具潛在攤薄影響的普通股已轉換進行計算。由ordinary shares. No adjustment has been made to the basic earnings 於本集團於截至2025年6月30日止六個月內並

per share amount presented for the six months ended 30 June 2025 無發行任何具有稀釋性的潛在普通股，因此並as the Group had no dilutive potential ordinary shares in issue during 無對本期間呈列的每股基本盈利金額作出任何

this period. 調整。

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 47Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

14. Property plant and equipment 14. 物業、廠房及設備

During the current interim period the Group had acquired property 於本中期期間，本集團就擴展本集團業務及擴大產plant and equipment (including capital expenditure for construction in 能收購人民幣1099638000元（截至2025年6月30日progress) of RMB1099638000 (six months ended 30 June 2025: 止六個月：人民幣795890000元）的物業、廠房及

RMB795890000) for expansion of business and production capacity 設備。期內並無就物業、廠房及設備計提減值虧損of the Group. No impairment loss for property plant and equipment was 撥備。

provided during the period.During the current interim period the Group disposed of certain plant 於本中期期間，本集團出售總賬面值人民幣and machinery with an aggregate carrying amount of RMB88285000 88285000元（截至2025年6月30日止六個月：人民(six months ended 30 June 2025: RMB56240000) for cash proceeds 幣56240000元）的若干物業、廠房及設備，現金所of RMB75980000 (six months ended 30 June 2025: RMB58384000) 得款項為人民幣75980000元（截至2025年6月30日resulting in a loss on disposal of RMB12305000 (six months ended 30 止六個月：人民幣58384000元），產生出售虧損人June 2025: gain of RMB2144000). 民幣12305000元（截至2025年6月30日止六個月：收益人民幣2144000元）。

15. Right-of-use assets 15. 使用權資產

During the current interim period the Group renewed several lease 於本中期期間，本集團續簽了若干租賃協議並訂立agreements and entered into several new lease agreements with lease 了若干新租賃協議，租期介乎1年至50年（截至2025terms ranged from 1 to 50 years (six months ended 30 June 2025: 1 to 年6月30日止六個月：1年至50年）。於租賃修訂日

50 years). On date of lease modification or lease commencement the Group 期或租賃開始日期，本集團確認使用權資產人民幣recognised right-of-use assets of RMB206616000 (six months ended 30 206616000元（截至2025年6月30日止六個月：人民June 2025: RMB57162000) and lease liabilities of RMB82370000 (six 幣57162000元）及租賃負債人民幣82370000元（截months ended 30 June 2025: RMB44750000). 至2025年6月30日止六個月：人民幣44750000元）。

16. Financial assets at fair value through profit or 16. 以公平值計量且其變動計入損益的金

loss/equity instruments at FVTOCI/financial assets 融資產╱以公平值計量且其變動計入

at FVTOCI/derivative financial instruments 其他全面收益的股本工具╱以公平值計量且其變動計入其他全面收益的金

融資產╱衍生金融工具

Equity instruments at FVTOCI 以公平值計量且其變動計入其他全面收益的股本工具

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Unlisted equity securities 非上市股本證券（附註） 1429015 1198869

48 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

16. Financial assets at fair value through profit or 16. 以公平值計量且其變動計入損益的金

loss/equity instruments at FVTOCI/financial assets 融資產╱以公平值計量且其變動計入

at FVTOCI/derivative financial instruments (Continued) 其他全面收益的股本工具╱以公平值計量且其變動計入其他全面收益的金

融資產╱衍生金融工具（續）

Financial assets at FVTOCI 以公平值計量且其變動計入其他全面收益的金融資產

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Notes receivable (Note a) 應收票據（附註a） 1959336 2873335

Financial assets at fair value through profit or loss 以公平值計量且其變動計入損益的金融資產

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Non-current assets 非流動資產

Unlisted equity securities 非上市股本證券 208375 72450

Current assets 流動資產

Other financial assets (Note b) 其他金融資產（附註b） 3643909 3744209

Certificate of deposits 存款證 32267 302368

Equity securities listed in A-shares 於A股上市的股本證券 3130 3777

Unlisted equity securities 非上市股本證券 1016 1016

3680322 4051370

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 49Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

16. Financial assets at fair value through profit or 16. 以公平值計量且其變動計入損益的金

loss/equity instruments at FVTOCI/financial assets 融資產╱以公平值計量且其變動計入

at FVTOCI/derivative financial instruments (Continued) 其他全面收益的股本工具╱以公平值計量且其變動計入其他全面收益的金

融資產╱衍生金融工具（續）

Financial assets at fair value through profit or loss 以公平值計量且其變動計入損益的金

(Continued) 融資產（續）

Notes: 附註：

(a) The Group recorded the notes receivable as financial assets at FVTOCI due (a) 由於本集團擬持有應收票據至到期或背書或貼現，to the Group’s intention to either holding note receivables to maturity or 故本集團將應收票據作為按以公平值計量且其變動

endorsing or discounting. All bills received by the Group are with a maturity 計入其他全面收益計量的金融資產。本集團收到的period of less than one year. 票據均有一年以內之到期期限。

(b) As at 30 June 2026 and 31 December 2025 the other financial assets were (b) 於2026年6月30日及2025年12月31日，其他金融資產as following: 如下：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Assets management products (i) 資產管理產品(i) 3243630 2523515

Principal non-guaranteed financial products 非保本金融類產品 400279 1220694

3643909 3744209

(i) As at 30 June 2026 the Group held some assets management products (i) 於2026年6月30日，本集團持有部分資產管理產amounting to RMB3243630000. The assets management products 品人民幣3243630000元。該等資產管理產品are the combination of different investment portfolios and are managed 由不同投資組合共同組成，並由本集團委託的by the financial institutions entrusted by the Group. The fair value of 金融機構管理。資產管理產品的公平值乃根據the assets management products are assessed based on the fair value 相關投資組合的公平值變動評估。於截至2026changes of underlying investment portfolios. During the six month ended 年6月30日止六個月，本集團就按公平值計量

30 June 2026 the Group recognised fair value gain on financial assets 且其變動計入損益的金融資產確認公平值收益

at fair value through profit or loss amounting to RMB54567000 which 淨額人民幣54567000元，主要與資產管理產品were mainly related to assets management products (Note 7). 有關（附註7）。

50 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

16. Financial assets at fair value through profit or 16. 以公平值計量且其變動計入損益的金

loss/equity instruments at FVTOCI/financial assets 融資產╱以公平值計量且其變動計入

at FVTOCI/derivative financial instruments (Continued) 其他全面收益的股本工具╱以公平值計量且其變動計入其他全面收益的金

融資產╱衍生金融工具（續）

Derivative financial instruments 衍生金融工具

Derivatives are mainly used for economic hedging purposes. When 衍生工具主要用於經濟對沖目的。倘衍生工具不derivatives do not meet the hedging accounting criteria they are classified 符合對沖會計標準，將就會計處理目的分類為「持as ‘held for trading’ for accounting purposes and are accounted for at 作買賣」，並入賬為以公平值計量且其變動計入損fair value through profit or loss. The Group has the following derivative 益。本集團擁有下列衍生金融工具：

financial instruments:

Derivative financial assets 衍生金融資產

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Not designated as hedging instruments 不指定為對沖工具 19404 9649

Derivative financial liabilities 衍生金融負債

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Not designated as hedging instruments 不指定為對沖工具 19346 3028

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 51Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

17. Deferred income tax assets/liabilities 17. 遞延所得稅資產╱負債

The following are the major deferred income tax assets/liabilities 所確認的主要遞延所得稅資產╱債及其變動如下：

recognised and movements thereon:

Revaluation

Revaluation of Revaluation of property

Property prepaid lease of intangible plant and

plant and payments assets equipment

Accruals equipment Intangible arising from arising from arising from

ECL Write-down and Unrealised tax assets business business business Revaluation

provision of inventory provision profit difference tax difference combination combination combination on FVTOCI Others Total以公平值計量且

因業務合併 因業務合併 因業務合併 其變動

物業、廠房 而產生的 而產生的 而產生的 計入其他

預期信貸 應計開支 未變現 及設備 無形資產 預付租賃 無形資產 物業、廠房 全面收益

虧損撥備 存貨撇銷 及撥備 利潤 稅項差異 稅項差異 付款重估 重估 及設備重估 之重估 其他 總計

RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000

人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元 人民幣千元

At 31 December 2024 (audited) 於2024年12月31日（經審核） 139333 25249 168663 79321 (157021) 61 (12208) (44480) (22223) (7503) 91451 260643

Credit/(charge) to profit or loss 於損益計入╱（扣除） 31760 (6218) (20960) (34539) (12941) (10) 267 6774 3001 – 8283 (24583)

Exchange adjustment 匯兌調整 825 889 8978 – 732 7 – (3196) (456) – 1781 9560

At 30 June 2025 (unaudited) 於2025年6月30日（未經審核） 171918 19920 156681 44782 (169230) 58 (11941) (40902) (19678) (7503) 101515 245620

Credit/(charge) to profit or loss 於損益計入╱（扣除） 55070 6967 18944 (21343) 7143 (55) 533 5969 2711 – 69279 145218

Charge to other comprehensive 於其他全面收益扣除

income – – – – – – – – – (119260) – (119260)

Credit to other reserve 計入其他儲備 – – – – – – – – – – 12602 12602

Exchange adjustment 匯兌調整 (77) (46) (2632) – (879) (3) – (331) 1232 – (8168) (10904)

At 31 December 2025 (audited) 於2025年12月31日（經審核） 226911 26841 172993 23439 (162966) – (11408) (35264) (15735) (126763) 175228 273276

Credit/(charge) to profit or loss 於損益計入╱（扣除） 6314 2265 19955 (5301) 8246 (279) 266 10493 6768 – (8118) 40609

Charge to other comprehensive income 於其他全面收益扣除 – – – – – – – – – (57536) – (57536)

Charge to other reserve 扣除其他儲備 – – – – – – – – – – (12602) (12602)

Acquisition of a subsidiary (Note 30) 收購一間附屬公司（附註30） – – – – – – – (1214) – – – (1214)

Exchange adjustment 匯兌調整 (510) (592) (4531) – 118 – – 2315 45 – (450) (3605)

At 30 June 2026 (unaudited) 於2026年6月30日（未經審核） 232715 28514 188417 18138 (154602) (279) (11142) (23670) (8922) (184299) 154058 238928

52 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

17. Deferred income tax assets/liabilities (Continued) 17. 遞延所得稅資產╱負債（續）

The net balances of deferred income tax assets and liabilities after 遞延所得稅資產及負債互相抵銷後的結餘淨額如

offsetting are as follows: 下：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Deferred income tax assets net 遞延所得稅資產淨值 477955 474214

Deferred income tax liabilities net 遞延所得稅負債淨額 (239027) (200938)

238928 273276

At the end of the reporting period the Group had the following 於報告期末，本集團有下列未確認的未動用稅項虧unrecognised unused tax losses: 損：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （未經審核）

Unused tax losses 未動用稅項虧損 7177869 6884332

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 53Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

17. Deferred income tax assets/liabilities (Continued) 17. 遞延所得稅資產╱負債（續）

At the end of the currents interim period the Group has unused tax 於本中期期末，本集團有未動用稅項虧損人losses of RMB7456775000 (31 December 2025: RMB7102155000) 民幣 7456775000元（ 2025年 12月 31日：人民幣available for offsetting against future profits. Among these unused 7102155000元）可用作抵銷未來溢利。於該等未tax losses a deferred tax asset of RMB41836000 (31 December 動用稅項虧損中，人民幣278906000元（2025年12

2025: RMB32674000) has been recognized from unused tax loss of 月31日：人民幣217823000元）的未動用稅項虧RMB278906000 (31 December 2025: RMB217823000). No deferred 損已確認遞延稅項資產人民幣41836000元（2025tax asset has been recognised in respect of the remaining unused tax loss 年12月31日：人民幣32674000元）。由於無法預of RMB7177869000 (31 December 2025: RMB6884332000) due to 測未來溢利來源，故並無就餘下未動用稅項虧損the unpredictability of future profit streams. The expiry dates of the above 人民幣7177869000元（2025年12月31日：人民幣unrecognized tax losses are as follows: 6884332000元）確認遞延稅項資產。上述未確認稅項虧損的屆滿日期如下：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

31 December 2026 2026年12月31日 1835 1835

31 December 2027 2027年12月31日 9872 9872

31 December 2028 2028年12月31日 71590 71590

31 December 2029 2029年12月31日 43618 43618

31 December 2030 2030年12月31日 120182 120182

31 December 2031 2031年12月31日 40561 –

31 December 2032 2032年12月31日 71449 71449

31 December 2033 2033年12月31日 172712 172712

31 December 2034 2034年12月31日 235537 235537

31 December 2035 2035年12月31日 144968 144968

31 December 2036 2036年12月31日 141565 –

No expiry date 無屆滿日期 6123980 6012569

7177869 6884332

At the end of the reporting period the Group has deductible temporary 於報告期末，本集團的可抵扣暫時性差異為人民幣differences of RMB591384000 (31 December 2025: RMB554968000) 591384000元（2025年12月31日：人民幣554968000in relation to which no tax asset has been recognised as it is not probable 元），由於不大可能有應課稅溢利可用作抵扣可抵that taxable profit will be available against which the deductible temporary 扣暫時性差異，故並無確認相關稅項資產。

differences can be utilised.

54 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

18. Trade and other receivables contract assets 18. 貿易及其他應收款項、合同資產

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Financial assets 金融資產

Trade receivables 貿易應收款項 13964613 14442823

Less: loss allowance 減：虧損撥備 (1067334) (1036537)

12897279 13406286

Deposits 訂金 121970 120410

Receivable from disposal of investment 出售投資應收款項 – 392

Staff advances 僱員墊款 28552 20906

Tax expense to be collected from customers 應向客戶收取的稅項支出 82087 352254

Others 其他 456828 647304

Less: loss allowance 減：虧損撥備 (106399) (100260)

583038 1041006

13480317 14447292

Non-financial assets 非金融資產

Contract assets (Note) 合同資產（附註） 1149885 1121792

Less: loss allowance of contract assets 減：合同資產虧損撥備 (60212) (32484)

1089673 1089308

Prepayments to suppliers 向供應商預付款項 1110506 699337

Other tax recoverable 其他可收回稅項 683717 380307

2883896 2168952

Total trade and other receivables 貿易及其他應收款項合計 16364213 16616244

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 55Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

18. Trade and other receivables contract assets 18. 貿易及其他應收款項、合同資產（續）

(Continued)

The following is the ageing analysis of trade receivables net of loss 以下為各報告期末按收入確認日期呈列的貿易應收

allowance presented based on the revenue recognition date at the end of 款項扣除虧損撥備後的賬齡分析：

each reporting period:

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Within 180 days 180天內 8995072 10753102

Over 180 days but within 1 year 超過180天但1年內 2766326 1501046

Over 1 year but within 2 years 超過1年但2年內 1043617 1031842

Over 2 years but within 3 years 超過2年但3年內 92264 120296

12897279 13406286The Group normally grants a credit period of 30 days to 180 days (31 本集團通常給予客戶30天至180天（2025年12月31December 2025: 30 days to 180 days) to customers effective from the 日：30天至180天）的信貸期，自收入確認日期起生revenue recognition date. As at 30 June 2026 included in the Group’s 效。於2026年6月30日，計入本集團貿易應收賬款trade receivables balance are debtors with aggregate gross amount of 結餘的應收賬款總額為人民幣5496224000元（2025RMB5496224000 (31 December 2025: RMB3606651000) which 年12月31日：人民幣3606651000元），該等應收賬are past due as at the reporting date and assessed collectively based on 款於報告日期已逾期，並根據撥備矩陣進行整體評provision matrix. 估。

Note: Under Manufacture of coal mining machinery segment nearly 10% of the 附註： 於煤礦機械製造板塊，由於與客戶簽訂的合同中contracted amounts was retained due to the warranty provision in the 有保修條款，因此近10%的合同金額獲保留。管理層將保留費用披露為合同資產。若於商定期限（通contracts with customers. The management disclose the retention fee as 常為1年）內未發生重大品質問題，本公司將收取contract asset. The Company will receive the retention fee if no major quality 保留費用。

issues happen during agreed period (normally 1 year).As at 30 June 2026 the balance of retention fee net of loss allowance 截至2026年6月30日，扣除虧損撥備後的保留費用is RMB1089673000 (31 December 2025: RMB1089308000) all 餘額為人民幣1089673000元（2025年12月31日：expected to be received in one year. The management expect no major 人民幣1089308000元），預期將於一年內全部收quality issue for all the products. 妥。管理層預期所有產品均不會有重大質量問題。

56 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

19. Cash and cash equivalents/bank deposits 19. 現金及現金等價物╱銀行存款

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Cash and cash equivalents 現金及現金等值物

Cash 現金 114 123

Bank deposits with original maturity within 原到期日為三個月或以下的

three months or less 銀行存款 3589375 3425606

Cash and cash equivalents 現金及現金等價物 3589489 3425729

Bank deposits current 銀行存款，流動Pledged bank deposits (Note) 已抵押銀行存款（附註） 1080012 1048571

Bank deposits with original maturity over three months 原到期日為三個月以上的銀行存款 528780 1089146

Restricted cash 受限制現金 196 198

1608988 2137915

Bank deposits non-current 銀行存款，非流動Bank deposits with original maturity over one year 原到期日為一年以上的銀行存款 20417 73628

Note: Pledged bank deposits represent deposits pledged to banks to secure bank 附註： 已抵押銀行存款為抵押予銀行以獲取銀行承兌匯

acceptance bills and letters of guarantee and are therefore classified as 票及保函的保證金，因此被分類為流動資產。已current assets. The pledged bank deposits carry interest at market rates 抵押銀行存款按市場利率計息，於2026年6月30which ranged from 0.1000% to 3.3000% per annum as at 30 June 2026 (31 日，年利率介乎0.1000%至3.3000%（2025年12月31December 2025: 0.1000% to 3.3000% per annum). 日：年利率0.1000%至3.3000%）。

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 57Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

20. Assets classified as held for sale 20. 分類為持作出售的資產

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Building 樓宇 – 55163

Land use right 土地使用權 – 32432

Plant and machinery 廠房及設備 – 3477

– 91072

In March 2026 the Group completed the disposal of all the related 於2026年3月，本集團完成出售「分類為持作出售assets under “assets classified as held for sale” at a total consideration 的資產」項下的全部相關資產，總代價為人民幣of RMB282058000. As at 30 June 2026 the Group has received 282058000元。於2026年6月30日，本集團已收取cash consideration of RMB152141000 and recognised other 現金代價人民幣152141000元，並確認其他應收款receivables of RMB129917000. After deducting related disposal 項人民幣129917000元。經扣除相關出售成本人民cost of RMB52388000 the net gains of disposal amounting to 幣52388000元後，出售淨收益人民幣138598000RMB138598000 have been recognised as gains on disposal of assets

元已於「其他收益及虧損」項下確認為出售分類為持

classified as held for sale under “other gains and losses”.作出售的資產的收益。

58 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

21. Trade and other payables 21. 貿易及其他應付款項

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Notes payable 應付票據 3927337 3403211

Trade payables (Note a) 貿易應付款項（附註a） 8757494 9616687

12684831 13019898

Salary and bonus payables 應付薪金與獎金 562630 588973

Deposits (Note b) 訂金（附註b） 173079 142951

Interests payable 應付利息 12162 7165

Factoring payable 保理應付款項 – 29450

Other taxes payable 其他應付稅項 460924 765472

Dividend payable 應付股利 143649 –

Restrictive shares payable (Note 25) 應付限制性股票（附註25） 186994 235894

Accruals 預提款項 417406 524847

Other payables (Note c) 其他應付款項（附註c） 382409 590791

2339253 2885543

Total trade and other payables 貿易及其他應付款項總額 15024084 15905441

Notes: 附註：

(a) The following is the ageing analysis of trade payables presented based on (a) 以下為於各報告期末按發票日期呈列的貿易應付款

invoice date at the end of each reporting period: 項賬齡分析：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Within 1 year 1年內 8270169 9295175

Over 1 year 超過1年 487325 321512

8757494 9616687

(b) Deposits represent the deposits received from suppliers for transportation and (b) 訂金指從供應商所收到運輸及其他服務的訂金。

other services.(c) Other payables mainly consist of payables for the acquisition of property plant (c) 其他應付款項主要包括用於收購物業、廠房及設備

and equipment rental payables and payables for other services. 的應付款項、應付租金及其他服務的應付款項。

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 59Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

22. Borrowings 22. 借貸

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Non-current: 非即期：

– Bank borrowings – secured －銀行借貸－有抵押 456098 33873

– Bank borrowings – unsecured －銀行借貸－無抵押 5561848 4348474

Less: current portion of non-current borrowings 減：非即期借貸的即期部分 (516259) (1847266)

5501687 2535081

Current: 即期：

– Bank borrowings – secured －銀行借貸－有抵押 – 19112

– Bank borrowings – unsecured －銀行借貸－無抵押 630335 1786267

Add: current portion of non-current borrowings 加：非即期借貸的即期部分 516259 1847266

1146594 3652645

Total borrowings 借貸總額 6648281 6187726

Secured (Note a) 有抵押（附註a） 456098 52985

Unsecured 無抵押 6192183 6134741

6648281 6187726

Fixed-rate borrowings 定息借貸 346836 1669494

Variable-rate borrowings 浮息借貸 6301445 4518232

6648281 6187726

Notes: 附註：

(a) As at 30 June 2026 the balance of bank borrowings amounting to a) 於 2026年 6月 30日，銀行借貸結餘合共人民幣RMB456098000 (31 December 2025: RMB52985000) were secured by 456098000元（2025年12月31日：人民幣52985000the pledge of the land use rights property plant and equipment and other 元）由土地使用權、物業、廠房及設備及其他資產質

assets. 押作抵押。

(b) In respect of bank loans with carrying amount of RMB2252523000 as at 30 b) 就於2026年6月30日賬面金額為人民幣2252523000

June 2026 (31 December 2025: RMB2819878000) the Group is required 元（2025年12月31日：人民幣2819878000元）的銀行

to comply with certain financial covenants relating to mainly limits for asset- 貸款而言，本集團須遵守若干財務契約，主要與資liability ratio and conditions for further financing activities. The Group has 產負債率限制及進一步融資活動的條件有關。本集complied with these covenants so far and expects no breach before maturity. 團到目前為止已遵守該等契約，並預期在到期前不會出現違約情況。

60 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

22. Borrowings (Continued) 22. 借貸（續）

The carrying amounts of the Group’s borrowings are denominated in the 本集團借貸的賬面值以下列貨幣計值：

following currencies:

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

RMB 人民幣 5224216 4836632

Euro 歐元 1424065 1351094

6648281 6187726

The ranges of effective interest rates (which are also equal to contracted 本集團借貸的實際利率（亦相等於合同利率）範圍如

interest rates) on the Group’s borrowings are as follows: 下：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Effective interest rate per annum 實際年利率

Fixed-rate borrowings 定息借貸 1.00%~2.80% 1.75%~3.30%

Variable-rate borrowings 浮息借貸 1.95%~3.27% 1.85%~4.26%

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 61Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

23. Provisions 23. 撥備

The Group’s provision mainly included warranty provision and onerous 本集團的撥備主要包括保修撥備及嚴苛合同撥備。

contract provision. The warranty provision which represents management’s 保修撥備指管理層根據過往與有問題產品申索相關

best estimate of the Group’s liability under warranty periods granted to 的經驗，對本集團就向購買煤礦機械及汽車零部件customers (who purchased coal mining machinery and auto parts) based 的客戶所授予保修期內負債的最佳估計。嚴苛合同on prior experience relating to defective products claims. Onerous contract 撥備指管理層根據有關合同的預測表現，對預期合provision represents management’s best estimate of the expected contract 同虧損的最佳估計。

loss based on the forecast performance relating to the contract.During the current interim period the Group accrued RMB69248000 for 於本中期期間，本集團累計作出人民幣69248000warranty provision and onerous contract provision (six months ended 30 元（截至 2025年 6月 30日止六個月：人民幣June 2025: RMB88605000). 88605000元）的保修撥備及嚴苛合同撥備。

24. Share capital 24. 股本

Listed A Shares Listed H Shares Total

上市A股 上市H股 總計

Number Number Number

of shares Amount of shares Amount of shares Amount

股份數目 金額 股份數目 金額 股份數目 金額

’000 RMB’000 ’000 RMB’000 ’000 RMB’000

千股 人民幣千元 千股 人民幣千元 千股 人民幣千元

Authorised issued and fully paid 法定、已發行及繳足

At 1 January 2026 (audited) and 於2026年1月1日（經審核）及

30 June 2026 (unaudited) 2026年6月30日（未經審核）

– Ordinary shares of RMB1 each －每股人民幣1元普通股 1542166 1542166 243234 243234 1785400 1785400

Listed A Shares Listed H Shares Total

上市A股 上市H股 總計

Number of Number of Number of

shares Amount shares Amount shares Amount

股份數目 金額 股份數目 金額 股份數目 金額

’000 RMB’000 ’000 RMB’000 ’000 RMB’000

千股 人民幣千元 千股 人民幣千元 千股 人民幣千元

Authorised issued and fully paid 法定、已發行及繳足

At 1 January 2025 (audited) and 於2025年1月1日（經審核）及

30 June 2025 (unaudited) 2025年6月30日（未經審核）

– Ordinary shares of RMB1 each －每股人民幣1元普通股 1542166 1542166 243234 243234 1785400 1785400

During the six months ended 30 June 2025 the Company repurchased 截至2025年6月30日止六個月期間，本公司透過上

39120130 of its own ordinary shares through the Shanghai Stock 海證券交易所回購39120130股本公司普通股，共

Exchange with an aggregate consideration of RMB600001670 paid. 支付代價人民幣600001670元。

The above ordinary shares were repurchased to be used under the 上述普通股已回購，用於限制性股票激勵計劃。

restricted share incentive scheme.

62 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

25. Share-based payments 25. 以股份為基礎的付款

Restricted share incentive scheme 限制性股票激勵計劃

2025 Restricted share incentive scheme 2025年限制性股票激勵計劃

On 5 June 2025 the Annual General Meeting of the Group adopted a 於2025年6月5日，本集團股東周年大會採納一項限restricted share incentive scheme (the “2025 Scheme”). Under the 2025 制性股票激勵計劃（「2025年計劃」）。根據2025年計Scheme a total number of 39120130 A Shares of the Group have been 劃，向本集團307名經選定僱員（包括董事）（「激勵issued and granted to the selected 307 employees (including directors) of 對象」）已發行及授予合共39120130股本集團A股。

the Group (the “Participants”).Participants who have been granted with the restricted shares were 已獲授限制性股票的激勵對象有權於授予日購入限

entitled to acquire the restricted shares on the grant date and sell the 制性股票及於相關限制性股票的禁售期後出售限制

restricted shares after the lock-up period of the relevant restricted shares 性股票，惟本集團及激勵對象均須滿足2025年計劃subject to the fulfilment of the relevant conditions both by the Group and 項下的相關條件。

by Participants under the 2025 Scheme.Upon the unlocking time point the Company shall proceed with unlocking 於解除限售時點，本公司將為滿足解除限售條件的for the Participants who satisfy the Unlocking Conditions and the restricted 激勵對象解除限售，而未滿足解除限售條件的激勵shares held by the Participants who do not satisfy the Unlocking Conditions 對象所持限制性股票將由本公司回購註銷。

shall be repurchased and cancelled by the Company.The arrangements of unlocking time point under the 2025 Scheme are set 2025年計劃的解除限售時點安排如下表所示：

out in the table below:

Unlocking

Arrangement Time percentage

安排 時間 解除限售比例

First Unlocking point 12 months commencing from the date of Effective 50%

第一個解除限售時點 自生效日起12個月

Second Unlocking point 24 months commencing from the date of Effective 50%

第二個解除限售時點 自生效日起24個月

The evaluation period for unlocking the restricted shares under the 2025 2025年計劃項下限制性股票解除限售的評估期為

Scheme shall be from 2025–2026 and the evaluation shall be conducted 2025年至2026年，評估將每年進行。各解除限售期annually. The performance evaluation for each Unlocking Period includes 的業績考核包括本集團業績考核要求及激勵對象績

performance evaluation requirements for the Group and performance 效考核要求的解除限售條件。倘第一個解鎖時點未evaluation requirement for the Participants. If the performance requirement 達到業績要求，則第一個解除限售期未歸屬的股份failed to be fulfilled upon the first Unlocking point all the unvested shares 全部遞延至第二個解除限售期合併考核。

from the first Unlocking period will be deferred to the second Unlocking

period for combined evaluation.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 63Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

25. Share-based payments (Continued) 25. 以股份為基礎的付款（續）

Restricted share incentive scheme (Continued) 限制性股票激勵計劃（續）

2025 Restricted share incentive scheme (Continued) 2025年限制性股票激勵計劃（續）

Other than the lock-up period the 2025 Scheme set a required employee 除限售期外，2025年計劃亦設定於第二個解鎖時點service period for the participants of 48 months after the second Unlocking 後，激勵對象必須達到的48個月員工服務期。在規point. During the required service period if the participants unilaterally 定的服務期間內，倘激勵對象未經本公司及╱或其terminate or dissolve the labour relationship without mutual agreement 子公司協商一致，單方面終止或解除勞動關係的，with the Company and/or its subsidiaries or if the Company and/or its 或者因激勵對象的過錯導致本公司及╱或其子公司

subsidiaries terminate the labour relationship due to the participants’ fault 解除勞動關係的，激勵對象應將2025計劃已解除限the participants shall return to the Company the profit gained in respect of 售股份所獲得的收益返還本公司。

the shares already unlocked under the 2025 Scheme.The required employee service period together with 24 months of lock-up 規定的員工服務期間加上24個月的限售期，構成period constitutes a total of 72-month evaluation period under the 2025 2025年計劃項下合共72個月的考核期。

Scheme.On 4 July 2025 the totalling of 39120130 shares were transferred to 於2025年7月4日，合計39120130股過戶至2025年the securities account of the 2025 Scheme with the price of RMB7.15 計劃證券賬戶，每股價格為人民幣7.15元。2025 年per share. The 2025 Scheme becomes effective on this date (“the date of 計劃自此日期起生效（「生效日期」）。Effective”).No restricted shares were granted unlocked or forfeited during the six 截至2026年6月30日止六個月內，並無授出、解鎖months ended 30 June 2026. 或沒收限制性股份。

During the six months ended 30 June 2026 the Company has provided 於截至2026年6月30日止六個月期間，本公司就RMB5038000 (six months ended 30 June 2025: Nil) as share-based 2025年計劃下該等限制性股票撥備的股份支付費payment expenses in respect of these restricted shares under the 2025 用為人民幣5038000元（截至2025年6月30日止六個Scheme. 月：零）。

On 9 July 2026 18234520 shares under the 2025 Scheme are released 於2026年7月9日，2025年計劃項下的18234520股upon satisfaction of unlocking conditions after First Unlocking point. 股份已於第一個解鎖時點達成解鎖條件後獲解除限

1578445 shares were forfeited and repurchased by the Company due to 售。由於若干參與者未能滿足相關條件，1578445

failure to fulfilment of the relevant conditions by certain Participants. 股股份已被沒收並由本公司回購。

64 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

26. Related party transactions 26. 關聯方交易

In the opinion of the directors of the Company the investors held more 本公司董事認為，持有全部股份5%以上權益的投than 5% of total shares and their related parties treated as the related 資者及其關聯方被視為本公司的關聯方。

parties of the Group.During the six months ended 30 June 2026 the Group entered into 於截至2026年6月30日止六個月，本集團與其關聯transactions with its related parties which are set out below. The related 方訂立交易，該等交易載於下文。關聯方交易乃於party transactions were carried out in the normal course of business and 正常業務過程中按本集團與相應關聯方磋商的條款

at terms negotiated between the Group and the respective related parties. 進行。

(a) The Group and its investors and their related parties (a) 本集團及其投資者及彼等關聯方

The Group had the following significant transactions with the Group’s 本集團曾與投資者及彼等關聯方進行下列重要

investors and their related parties. 交易。

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Sales of goods and services to the Group’s 向本集團投資者及彼等關聯方銷售

investors and their related parties 貨品及服務 253294 146880

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Purchase of goods and services from the Group’s 來自本集團投資者及彼等關聯方購

investors and their related parties 入貨品及服務 715908 862167

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 65Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

26. Related party transactions (Continued) 26. 關聯方交易（續）

(a) The Group and its investors and their related parties (a) 本集團及其投資者及彼等關聯方

(Continued) （續）

The details of outstanding balances with the Group’s investors and 涉及本集團投資者及彼等關聯方的未償還結餘

their related parties are set as follow: 詳情載列如下：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Trade and other receivables from the Group’s 應收本集團投資者及彼等關聯方的

investors and their related parties 貿易及其他應收款項 3560 63

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Trade and other payables to the Group’s 應付本集團投資者及彼等關聯方的

investors and their related parties 貿易及其他應付款項 11863 2386

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Amount prepaid to the Group’s investors and 預付本集團投資者及彼等關聯方的

their related parties 款項 26568 63409

The Group’s investors include the investors and their subsidiaries. 本集團的投資者包括投資者及其附屬公司。

The amount due to the Group’s investors and their related parties 應付本集團投資者及彼等關聯方的款項為無抵

was unsecured interest-free and repayable on demand. 押、免息及須按要求償還。

66 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

26. Related party transactions (Continued) 26. 關聯方交易（續）

(b) The Group and its associates and joint ventures (b) 本集團及其聯營公司及合營企業

The Group had the following significant transactions with its associates 本集團與其聯營公司及合營企業進行下列重要

and joint ventures. 交易。

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Sales of goods and services 銷售貨品及服務

Associates 聯營公司 81903 77115

Joint ventures 合營企業 – 32

81903 77147

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Purchase of goods and services 採購貨品及服務

Associates 聯營公司 221598 229829

Joint ventures 合營企業 15797 8797

237395 238626

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 67Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

26. Related party transactions (Continued) 26. 關聯方交易（續）

(b) The Group and its associates and joint ventures (b) 本集團及其聯營公司及合營企業

(Continued) （續）

The Group had the following outstanding balances with its associates 於各報告期末，本集團與其聯營公司及合營企and joint ventures at the end of each reporting period: 業有以下未償還結餘：

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Trade and other receivables from: 應收下列各方的貿易及

其他應收款項：

Associates 聯營公司 61356 15949

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Trade and other payables to: 應付下列各方的貿易及

其他應收款項：

Associates 聯營公司 169252 272095

Joint ventures 合營企業 23253 21268

192505 293363

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Amounts prepaid to: 已預付下列各方的款項：

Associates 聯營公司 21 2845

All amounts due from or due to associates and joint ventures are from 在性質上，所有應收或應付聯營公司及合營企trade in nature. The amount due to associates and joint ventures are 業款項均來自貿易。應付聯營公司及合營企業unsecured interest-free and repayable on demand. 款項為無抵押、免息及須按要求償還。

68 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

26. Related party transactions (Continued) 26. 關聯方交易（續）

(c) Remuneration of key management personnel (c) 主要管理人員酬金

The remuneration of executive directors and other members of key 執行董事及其他主要管理人員的酬金如下：

management were as follows:

Six months ended 30 June截至6月30日止六個月

2026 2025

2026年 2025年

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (unaudited)（未經審核） （未經審核）

Short-term benefits 短期福利 8057 8745

Post-employment benefits 退休福利 206 233

Restricted share incentive scheme 限制性股票激勵計劃 2084 –

10347 8978

Key management represents the executive directors and other 主要管理人員指在中期報告中披露的執行董事

senior management personnel disclosed in the interim report. The 及其他高級管理人員。主要管理人員的酬金乃remuneration of key management personnel is determined with 根據個人表現與市場趨勢釐定。

reference of the performance to individuals and market trends.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 69Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

27. Contingent liabilities 27. 或然負債

(a) Notes receivable (a) 應收票據

During the interim period the Group has endorsed or discounted 於中期期間，本集團已對若干應收票據進行背and then derecognized certain notes receivable with full recourse. In 書或貼現，繼而終止確認該等附有完全追索權the opinion of the directors of the Company the risk of the default 的應收票據。本公司董事認為，由於所有背書in payment of the endorsed or discounted notes receivable is low 及貼現的應收票據由聲譽良好的中國銀行發出

because all endorsed or discounted notes receivable are issued 及提供擔保，故欠付背書及貼現的應收票據的and guaranteed by reputable PRC banks. The maximum exposure 風險為低。於各報告期末，本集團可能因欠付to the Group that may result from the default of these endorsed or 該等背書或貼現及終止確認的應收票據而須承

discounted and derecognized notes receivable at the end of each 擔的最大風險如下：

reporting period is as follows:

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Outstanding endorsed or discounted notes 具追索權的尚未償還已背書或

receivable with recourse 已貼現應收票據 3342557 3600563

These endorsed or discounted and then derecognized notes 該等已背書或貼現後終止確認的應收票據的最

receivable have a maximum maturity of 1 year and the total 長期限為1年，於2026年6月30日，該等已背書undiscounted cash flows of these endorsed or discounted and 或貼現後終止確認的應收票據的未貼現現金流derecognized notes receivable representing the Group’s maximum 量總額為人民幣3342557000元（2025年12月31loss if the issuing banks fail to honour their notes and guarantees 日：人民幣3600563000元），倘發行銀行未amounted to RMB3342557000 as at 30 June 2026 (31 December 能兌現其票據及擔保，則代表本集團的最高虧

2025: RMB3600563000). 損額。

(b) Trade receivable transferred (b) 已劃轉的貿易應收款項

As at 30 June 2026 the Group has derecognised certain trade 於2026年6月30日，本集團已終止確認已劃receivables without recourse which were transferred to banks 轉至銀行的若干無追索權貿易應收款項人民with amounting to RMB164210000 (31 December 2025: 幣164210000元（2025年12月31日：人民幣RMB655911000). 655911000元）。

70 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

28. Fair value measurements of financial instruments 28. 金融工具公平值計量

The table below analyses financial instruments carried at fair value by 下表以估值方法分析按公平值列賬的金融工具。不valuation method. The different levels have been defined as follows: 同層級定義如下：

Level 1: fair value measurements are based on quoted prices 第1級： 公平值計量乃基於實體於計量日期

(unadjusted) in active market for identical assets or 可取得的相同資產或負債於活躍市

liabilities that the entity can access at the measurement 場的報價（未經調整）；

date;

Level 2: fair value measurements are those derived from inputs 第2級： 公平值計量乃基於資產或負債的可

other than quoted prices included within Level 1 that are 觀察輸入數據（無論直接（即價格）

observable for the asset or liability either directly (i.e. as 或間接（即源自價格））釐定，惟第1prices) or indirectly (i.e. derived from prices); and 級所包括的報價除外；及

Level 3: fair value measurements are those derived from valuation 第3級： 公平值計量乃基於估值技術釐定，techniques that include the lowest level inputs which are 該等技術包括並非根據可觀察市場

significant to the fair value measurement for the asset 數據（重大不可觀察輸入數據）釐定

or liability that are not based on observable market data 的資產或負債對公平值計量屬重大

(significant unobservable inputs). 的最低級別輸入數據。

Some of the Group’s financial instruments are measured at fair value for 就財務報告目的而言，本集團的部分金融工具以經financial reporting purposes on a recurring basis. The management of the 常性基準按公允值計量。本公司管理層在必要時會Company determine the appropriate valuation techniques and inputs for 徵詢第三方合資格估值師的意見，以釐定適當的估fair value measurements with the advises from third party qualified valuers 值技術及公平值計量的輸入數據。

when necessary.In estimating the fair value the Group uses market-observable data to the 於估計公平值時，本集團使用可用之市場可觀察數extent it is available. For instruments with significant unobservable inputs 據。對於第三層次下具有重大不可觀察輸入值的工under Level 3 the management of the Company performed the valuation 具，本公司管理層已進行估值，並建立適當的估值and established the appropriate valuation techniques and inputs to the 技術及模型輸入。本公司管理層每半年向本公司董model. The management of the Company reports to the directors of the 事報告一次，解釋公平值波動的原因。

Company every half year to explain the cause of fluctuations in the fair

value.The following table gives information about how the fair values of these 下表所載資料說明該等金融資產及金融負債公平值

financial assets and financial liabilities are determined (in particular the 之釐定方式（尤其是所用之估值方法及輸入數據）。

valuation technique(s) and inputs used).

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 71Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

28. Fair value measurements of financial instruments 28. 金融工具公平值計量（續）

(Continued)

Fair value

Financial instruments Fair value as at 30 June 2026 (unaudited) hierarchy Valuation technique and key input

金融工具 於2026年6月30日之公平值（未經審核） 公平值等級 估值方法及重大輸入數據

Financial assets at fair Listed equity securities in A-share Level 1 Quoted bid prices in an active market

value through profit or loss – RMB3130000

(31 December 2025: RMB3777000)

以公平值計量且其變動計入 於A股的上市股本證券 第1級 於活躍市場所報之買入價

損益的金融資產 －人民幣3130000元

（2025年12月31日：人民幣3777000元）

Derivative financial instruments Forward foreign exchange contract not designated as Level 2 Discounted cash flow. The estimated future cash flow is based on forward

hedging instruments exchange rate (from observable forward exchange rates at the end of

Assets – RMB19404000 the reporting period) and contracted forward rate discounted at a rate

(31 December 2025: RMB9649000) that reflects the credit risk of the counterparty.

Liabilities – RMB19346000

(31 December 2025: RMB3028000)衍生金融工具 衍生金融工具不指定為對沖工具的遠期外匯合同 第2級 已貼現現金流量。未來現金流量的估算乃根據遠期匯率（來自報資產－人民幣19404000元 告期末的可觀察遠期匯率）及合同遠期利率，再按可反映對

（2025年12月31日：人民幣9649000元） 手方的信貸風險的比率貼現。

負債－人民幣19346000元

（2025年12月31日：人民幣3028000元）

Equity instruments at FVTOCI Equity interest in unlisted company with Level 2 Based on recent financing price

no open market price quote – RMB330495000

(31 December 2025: RMB330495000)

以公平值計量且其變動計入 並無公開市場報價的非上市公司股本權益 第2級 根據近期融資價格

其他全面收益的股本工具 －人民幣330495000元

（2025年12月31日：人民幣330495000元）

Financial assets at fair Equity interest in unlisted company with no open Level 2 Based on recent financing price

value through profit or loss market price quote – RMB200175000

(31 December 2025: RMB64250000)

以公平值計量且其變動計入 並無公開市場報價的非上市公司股本權益 第2級 根據近期融資價格

損益的金融資產 －人民幣200175000元

（2025年12月31日：人民幣64250000元）

72 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

28. Fair value measurements of financial instruments 28. 金融工具公平值計量（續）

(Continued)

Fair value

Financial instruments Fair value as at 30 June 2026 (unaudited) hierarchy Valuation technique and key input

金融工具 於2026年6月30日之公平值（未經審核） 公平值等級 估值方法及重大輸入數據

Financial assets at fair Other financial assets – assets management Level 2 Fair values of investment schemes of which underlying assets including

value through profit or loss products – RMB3243630000 debt securities listed companies’ shares bank deposits and options

(31 December 2025: RMB2523515000) contracts have been determined based on quotes from market

makers funds administrators or alternative pricing sources supported

by observable inputs.以公平值計量且其變動計入 其他金融資產－資產管理產品 第2級 相關資產包括債務證券、上市公司股份、銀行存款及期權合同

損益的金融資產 －人民幣3243630000 元 的投資計劃的公平值乃根據市場莊家、基金管理公司或有可

（2025年12月31日：人民幣2523515000元） 觀察輸入數據支持的其他價格來源的報價釐定。

Financial assets at fair Certificate of deposits – RMB32267000 Level 2 Discounted cash flow. The estimated future cash flow is based on the

value through profit or loss (31 December 2025: RMB302368000) contractual amount discounted at a rate that reflects the expected

return rates.以公平值計量且其變動計入 存款證 第2級 已貼現現金流量。未來現金流量的估算乃根據合同金額，再按損益的金融資產 －人民幣32267000元 可反映預期回報率的比率貼現。

（2025年12月31日：人民幣302368000元）

Financial assets at fair Other financial assets – principal non-guaranteed Level 2 Discounted cash flow. The estimated future cash flow is based on the

value through profit or loss financial products – RMB400279000 contractual amount discounted at a rate that reflects the expected return

(31 December 2025: RMB1220694000) rates.

以公平值計量且其變動計入 其他金融資產－非保本金融產品 第2級 已貼現現金流量。未來現金流量的估算乃根據合同金額，再按損益的金融資產 －人民幣400279000元 可反映預期回報率的比率貼現。

（2025年12月31日：人民幣1220694000元）

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 73Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

28. Fair value measurements of financial instruments 28. 金融工具公平值計量（續）

(Continued)

Fair value as at 30 June 2026 Fair value

Financial instruments (unaudited) hierarchy Valuation technique and key input Significant unobservable input

金融工具 於2026年6月30日之公平值（未經審核） 公平值等級 估值方法及重大輸入數據 重大不可觀察輸入數據

Financial assets at FVTOCI Notes receivables – RMB1959336000 Level 3 Discounted cash flow. The estimated future Expected discounted rate

(31 December 2025: RMB2873335000) cash flow is based on the contractual

amount. The higher the discount rate the lower

the fair value.以公平值計量且其變動計入 應收票據 第3級 已貼現現金流量。未來現金流量的估 預期貼現率其他全面收益的金融資產， －人民幣1959336000元 算乃根據合同金額。

即期 （2025年12月31日：人民幣 貼現率越高，公平值越低。2873335000元）

Equity instruments at FVTOCI Equity interest in unlisted company with no Level 3 Valuation multiples. The fair value is based EV/BV multiple and DLOM.open market price quote on Enterprise Value (“EV”)/Book Value

– RMB1098520000 (“BV”) multiple and Discounts for Lack Of The higher the EV/BV multiple the higher

(31 December 2025: RMB868374000) Marketability (“DLOM”). the fair value. The higher the DLOM

the lower the fair value.以公平值計量且其變動計入 並無公開市場報價的 第3級 估值倍數。公平值乃基於企業價值 EV/BV倍數越高，公平值越高。

其他全面收益的股本工具， 非上市公司股本權益 （「EV」）╱賬面值（「BV」）倍數及非即期 －人民幣1098520000元 缺乏市場流通性貼現（「缺乏市場流 缺乏市場流通性貼現越高，公平值

（2025年12月31日： 通性貼現」）。EV/BV倍數及缺乏 越低。

人民幣868374000元） 市場流通性貼現。

Financial assets at fair value Equity interest in unlisted company with no Level 3 Valuation multiples. The fair value is based EV/BV multiple and DLOM.through profit or loss open market price quote – RMB1016000 on EV/BV and DLOM.

(31 December 2025: RMB1016000) The higher the EV/BV multiple the higher

the fair value. The higher the DLOM

the lower the fair value.以公平值計量且其變動計入 並無公開市場報價的 第3級 估值倍數。公平值乃基於EV/BV及缺乏 EV/BV倍數及缺乏市場流通性貼現。

損益的金融資產 非上市公司股本權益 市場流通性貼現。

－人民幣1016000元 EV/BV倍數越高，公平值越高。缺乏（2025年12月31日： 市場流通性貼現越高，公平值越人民幣1016000元） 低。

Financial assets at fair value Equity interest in unlisted company with no Level 3 Valuation multiples. The fair value is based EV/BV multiple and DLOM.through profit or loss open market price quota – RMB8200000 on EV/BV and DLOM.non-current (31 December 2025: RMB8200000) The higher the EV/BV multiple the higher

the fair value. The higher the DLOM

the lower the fair value.以公平值計量且其變動計入 並無公開市場報價的 第3級 估值倍數。公平值乃基於EV/BV及缺乏 EV/BV倍數及缺乏市場流通性貼現。

損益的金融資產，非即期 非上市公司股本權益 市場流通性貼現。

－人民幣8200000元 EV/BV倍數越高，公平值越高。缺乏（2025年12月31日： 市場流通性貼現越高，公平值越人民幣8200000元） 低。

There were no transfers between Level 1 and 2 during the period. No 期內第1級及第2級之間並無轉撥。中期期間內概無financial assets and financial liabilities were transfer into or out of Level 3 金融資產及金融負債轉入或轉出第3級。

during the interim period.For the sensitivity analysis of unobservable inputs of financial instruments 對於金融工具的不可觀察輸入數據的敏感性分析，the management of the Group considers that the impacts are immaterial 本集團管理層認為影響並不重大，因而並未披露相and such information is not disclosed. 關資料。

The directors consider that the carrying amounts of financial assets 董事認為，於簡明綜合財務資料內按攤銷成本列賬and financial liabilities recorded at amortised cost in the condensed 之流動金融資產及金融負債的賬面值與其公平值相

consolidated financial statements approximate their fair values. 若。

74 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

29. Capital commitments 29. 資本承擔

At 30 June At 31 December

2026 2025

於2026年 於2025年

6月30日 12月31日

RMB’000 RMB’000

人民幣千元 人民幣千元

(unaudited) (audited)（未經審核） （經審核）

Capital expenditure in respect of acquisition of 已訂約但未在簡明綜合財務報表計

property plant and equipment contracted for 提撥備的有關收購物業、廠房及

but not provided in the condensed consolidated 設備的資本支出

financial statements 456226 585847

30. Acquisition of a subsidiary 30. 收購一間附屬公司

In February 2026 the Group acquired a 90% interest in Asimco Shuangge 於2026年2月，本集團以現金代價人民幣34290000Drive Technology (Suzhou) Co. Ltd (“Asimco Shuangge” formerly known 元向第三方收購亞新科雙歌驅動技術（蘇州）有限公

as Suzhou Shuangge Electronics Co. Ltd.) from third parties at a cash 司（「亞新科雙歌」，前稱蘇州雙歌電子有限公司）consideration of RMB34290000 which was fully paid during the current

90%的權益，該代價已於本報告期內悉數支付。亞

reporting period. Asimco Shuangge is principally engaged in manufacture 新科雙歌主要從事車用電磁閥模塊的製造及銷售，and sales of solenoid valve module used in vehicle and was acquired with 是次收購之目的為擴展本集團之相關業務。該收購the objective of expanding the Group’s relevant business. The acquisition 已採用收購法作為業務合併入賬。

has been accounted for as acquisition of business using the acquisition

method.Assets acquired and liabilities assumed at the date of

acquisition 於收購日期收購的資產及承擔的負債

RMB’000人民幣千元

(unaudited)（未經審核）

Property plant and equipment 物業、廠房及設備 4613

Intangible assets 無形資產 4856

Inventories 存貨 967

Trade and other receivables 貿易及其他應收款項 2373

Financial assets at FVTOCI 以公平值計量且其變動計入其他全面收益的

金融資產 153

Cash and cash equivalents 現金及現金等價物 2365

Trade and other payables 貿易及其他應付款項 (2052)

Deferred tax liabilities 遞延稅項負債 (1214)

Total 總計 12061

Non-controlling interests 非控股權益

The non-controlling interests (10%) in Asimco Shuangge recognised at the 於收購日期確認的亞新科雙歌非控股權益(10%)乃

acquisition date was measured by reference to the proportionate share of 參照按比例應佔亞新科雙歌可識別資產淨值的已確

recognised amounts of net identifiable assets of Asimco Shuangge and 認金額計量，金額為人民幣1206000元。

amounted to RMB1206000.

2026 中期報告? 中創智領（鄭州）工業技術集團股份有限公司 75Notes to the Condensed Consolidated Financial Statements

簡明綜合財務報表附註

For the six months ended 30 June 2026 截至2026年6月30日止六個月

30. Acquisition of a subsidiary (Continued) 30. 收購一間附屬公司（續）

Goodwill arising on acquisition 收購產生的商譽

RMB’000人民幣千元

(unaudited)（未經審核）

Cash consideration paid 已付現金代價 34290

Plus: non-controlling interests 加：非控制性權益 1206

Less: recognised amounts of net assets acquired 減：所收購淨資產的已確認金額 (12061)

Goodwill arising on acquisition 收購產生的商譽 23435

Goodwill arose on the acquisition of Asimco Shuangge because the 收購亞新科雙歌導致商譽產生，原因為該收購包括acquisition included the assembled workforce of Asimco Shuangge at the 了亞新科雙歌於收購日期的在職員工團隊。該等利date of acquisition. These benefits are not recognised separately from 益並未與商譽分開確認，原因為其不符合可識別無goodwill because they do not meet the recognition criteria for identifiable 形資產的確認標準。

intangible assets.None of the goodwill arising on this acquisition is expected to be deductible 預期是次收購產生的商譽概不可用作稅務抵扣。

for tax purposes.Net cash outflows arising on acquisition of Asimco 收購亞新科雙歌產生的現金流出淨額

Shuangge

RMB’000人民幣千元

(unaudited)（未經審核）

Cash consideration paid 已付現金代價 34290

Less: cash and cash equivalents acquired 減：收購的現金及現金等價物結餘 (2365)

31925

Impact of acquisition on the results of the Group 收購對本集團業績之影響

Since the profit generated by Asimco Shuangge for the period ended 30 由於本集團認為亞新科雙歌於截至2026年6月30日

June 2026 is considered as minimal by the Group and solely from sales 止期間產生的溢利屬微不足道，且僅來自本集團內within the Group the acquisition was concluded with no material impact to 部銷售，因此結論為該收購對本集團業績並無重大the result of the Group. 影響。

31. EVENTS AFTER THE END OF THE REPORTING PERIOD 31. 報告期結束後事項

The Board of Directors of the Company considered and approved 本公司董事會於2026年7月31日審議並批准以集中

the scheme on the repurchase of the Company’s A Shares by way of 競價方式回購本公司A股股份的方案。該方案其後centralized bidding on 31 July 2026. The scheme was subsequently 於2026年8月25日舉行的2026年第三次臨時股東大

formally approved by way of poll at the third extraordinary general meeting 會、2026年第三次A股類別股東大會及2026年第三

of 2026 the third A share class meeting of 2026 and the third H share 次H股類別股東大會上以投票表決方式正式獲批。

class meeting of 2026 held on 25 August 2026. Pursuant to the scheme 根據該方案，本公司將按照已批准的回購目的、方the Company will implement the repurchase of A Shares in due course in 式、實施期限、擬回購股份數目及資金總額等安

accordance with the approved arrangements for the repurchase purpose 排，於適當時候實施A股回購。

method implementation period number of shares to be repurchased and

total amount of funds among others.

76 ZCZL Industrial Technology Group Company Limited INTERIM REPORT 2026