无锡威孚高科技集团股份有限公司2022年半年度报告摘要

Stock Code: 000581 200581 Public Notice No: 2022-052

Short Form of the Stock: WFHT Su Weifu-B

Weifu High-Technology Group Co. Ltd.Summary of Semi-Annual Report 2022

I. Important Notice

The summary is abstract from full-text of semi-annual report for more details of operating results financial condition and future

development plan of the Company; investors should found in the full-text that published on media appointed by CSRC.All directors are attend the Meeting for the Report deliberation

Prompt of non-standard audit opinion

□Applicable □Not applicable

Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reporting

period

□Applicable □Not applicable

There is no plan of cash bonus dividend distribution and capitalizing of common reserves carried out by the Company

Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period

□Applicable □Not applicable

II. Company information

1. Company Profile

Short form of the stock WFHT Su Weifu-B Stock code 000581 200581

Stock exchange for listing Shenzhen Stock Exchange

Person/Way to contact Secretary of the Board Rep. of security affairs

Name Liu Jinjun Xu Kan

Contact add. No.5 Huashan Road Xinwu District Wuxi No.5 Huashan Road Xinwu District Wuxi

Tel. 0510-80505999 0510-80505999

E-mail Web@weifu.com.cn Web@weifu.com.cn

2. Main financial data and indexes

Whether it has retroactive adjustment or re-statement on previous accounting data

□Yes □No

1无锡威孚高科技集团股份有限公司2022年半年度报告摘要

Changes in the current period

Same period of last compared with the same

Current period

year period of the previous year

(+-)

Operation income (RMB) 7321835360.98 9037691756.24 -18.99%

Net profit attributable to shareholders of the

1232762710.951645389487.32-25.08%

listed company(RMB)

Net profit attributable to shareholders of the

listed company after deducting non-recurring 1269045170.40 1702220554.09 -25.45%

gains and losses(RMB)

Net cash flows arising from operating

-2493982044.8980191609.17-3210.03%

activities (RMB)

Basic earnings per share (RMB/Share) 1.25 1.66 -24.70%

Diluted earnings per share (RMB/Share) 1.25 1.66 -24.70%

Weighted average ROE 6.24% 8.72% -2.48%

Changes at end of the current

Current period-end period-end of last year period compared with the end

of previous year (+-)

Total assets (RMB) 31402279358.05 27970858427.84 12.27%

Net assets attributable to shareholder of listed

18976164813.5219398607689.65-2.18%

company (RMB)

3. Amount of shareholders of the Company and particulars about shares holding

Unit: share

Total common stock shareholders at Total preference shareholders with voting rights

687200

end of the reporting period recovered at end of reporting period (if applicable)

Top ten shareholders

Information of

Proportion Amount of shares pledged

Nature of Amount of

Full name of Shareholders of shares restricted shares tagged or frozen

shareholder shares held

held held State of Amo

share unt

Wuxi Industry Development Group State-owned

20.23%204059398

Co. Ltd. corporate

Foreign

Robert Bosch Co. Ltd 14.16% 142841400

corporate

Hong Kong Securities Clearing Foreign

2.20%22213969

Company corporate

BBH BOS S/A FIDELITY FD - Foreign

1.40%14122915

CHINA FOCUS FD corporate

NSSF - 413 Other 0.72% 7230000

FIDELITY INVMT TRT FIDELITY Foreign

0.70%7043386

INTL SMALL CAP FUND corporate

Shanghai Chongyang Strategic

Investment Co. Ltd. - Chongyang Other 0.55% 5500106

Strategy YZ Funds

Industrial and Commercial Bank of

China Limited - Fullgoal CSI Bonus Other 0.39% 3943482

Enhanced Securities Investment Fund

Domestic

Xie Zuogang 0.38% 3812086

nature person

Basic Pension Insurance Fund- 1003 Other 0.34% 3422856

Among the aforesaid shareholders there has no associated relationship

between Wuxi Industry Development Croup Co. Ltd. and other

Explanation on associated relationship among the shareholders the first largest shareholder of the Company; and they do

aforesaid shareholders not belong to the persons acting in concert regulated by the

Management Measure of Information Disclosure on Change of

Shareholding for Listed Company.

2无锡威孚高科技集团股份有限公司2022年半年度报告摘要

4. Changes in controlling shareholders or actual controllers

Change of controlling shareholder during the reporting period

□Applicable□Not applicable

The Company had no change of controlling shareholder during the reporting period

Change of actual controller during the reporting period

□Applicable□Not applicable

The Company had no change of actual controller during the reporting period

5. Total preferred shareholders and top 10 shares held by preferred shareholders

The Company has no preferred shareholders

6. Bonds in existence as of the approval date of the semi-annual report

□Applicable □Not applicable

III. Important Matters

(1) The company’s business conditions during the reporting period

Since this year the Company has implemented the annual work targets conscientiously facing the rigorous

macroeconomic and downward pressure of the auto industry we achieved a performance better than the industry

standard by actively carried out various measures to cope with the challenges. During the reporting period

operation revenue from the Company was 7.322 billion yuan down 18.99% from the same period of last year; the

net profit attributable to shareholder of listed company amounted to 1.233 billion yuan 25.08% drop from the

same period of previous year.

(2) Main work carried out by the company during the reporting period

1. Improved marketing management and accelerated market expansion. Exhaust gas treatment system: steadily

expanded the hybrid market and key platform projects had a high acquisition rate. Air management system: air

intake products have entered the supply system of many new customers and gradually acquired projects; gasoline

superchargers achieved mass production and the sales had a rapid growth. Diesel fuel injection system: the T4

Off-road market of dispensing pump expanded vigorously with a high coverage rate of major customers and

projects. seized the export order market mechanical products grew rapidly and Inline pump exports far exceeded

expectations. New business products: continued to expand the leading enterprise customers of the electric drive

parts business; accelerated the hydrogen fuel cell business and newly acquired a number of domestic and foreign

customer projects such as "one membrane and two plates" hydrogen circulating pumps and valve BOP products;

promoted 3D radar mass production projects in an orderly manner and focused on expanding 4D radar customer

projects; reached cooperation intentions with some customers in wheel motor business.

2.Strengthened technological innovation and promoted new product research and development. Diesel fuel

injection system: dual-fuel direct injection products jointly developed localization projects with customers and

3无锡威孚高科技集团股份有限公司2022年半年度报告摘要

completed the first round of customer engine performance tests; developed platform projects such as methanol

pumps and methanol injectors; carried out research on hydrogen internal combustion engine injection and other

projects. Exhaust gas treatment system: in terms of passenger vehicles completed the development of the light-

duty diesel vehicle purifier platform stage has been and the batch production of key projects of several key

customers has been completed; in terms of commercial vehicles completed the development and production

conversion of a number of National VI platforms and customer projects; for non-road completed the

announcement certification of customers and the development of key projects for many customers. Air intake

system: National VI diesel engine and natural gas projects were progressing in an orderly manner; the gasoline

supercharger products achieved SOPs for several projects and successfully obtained the hybrid projects of major

customers; the 48V electric supercharger completed the A sample review. At the same time key R&D projects

such as hydrogen fuel cells and intelligent network connections were progressing steadily as planned.

3. Optimized strategic planning and promoted investment cooperation. Optimized the company's new strategic

blueprint and formed a new strategic pattern for the comprehensive development of the four major sectors of

"energy saving and emission reduction" "green hydrogen energy" "smart electric" and "other core components";

completed the global capacity planning and production capacity investment planning of hydrogen fuel cells

formulated strategic development planning for PEM water electrolysis hydrogen production system equipment

and carried out new energy industrial park project planning. Completed the strategic business product planning for

the electric drive core parts business thermal management system and core parts business and continued to

optimize the development planning for the millimeter-wave radar business. Comprehensively promoted global

capacity building investment in hydrogen energy business completed investment in R&D and capacity expansion

of IRD and Borit; successively established hydrogen energy divisions and hydrogen fuel cell joint ventures and

accelerated capacity building in the Asia-Pacific region; implemented thermal management system and parts

business investment cooperation and VH M&A projects were progressing in an orderly manner; participated in

the investment of industrial funds related to automobiles and sought cooperation opportunities in the upstream

and downstream industry chains. In the fields of water electrolysis for hydrogen production from renewable

energy sources intelligent network connection and other fields we investigated potential cooperation projects

and actively planned for cooperation possibilities.

4.Strengthened quality management and promoted information construction. Deepened the effective

implementation of Q11 on site built a Q11 training base; established development quality management

capabilities improved the identification of quality valves for software evaluation needs introduced positive

development quality tools improved software FMEA and special feature management maturity; created a special

follow-up re-examinations mechanism for quality improvement; organized the product review of 17 types of core

products; promoted the launch of the measuring instrument management system in the business department and

unified and standardized the management requirements for measuring instruments. The project management

system was released to promote the point-to-point connection of the whole process of engineering projects; the

construction of R&D building new energy industry bases and other projects were steadily advanced. The SAP S4

HANA upgrade project was officially launched realizing the upgrade of application version and the migration of

historical data and optimizing the system capabilities; the process management system project was launched

4无锡威孚高科技集团股份有限公司2022年半年度报告摘要

realizing the systematic application of products from design to process management and standardizing the

management process of process data.; the IT service platform has been operating online.

5. Promoted management upgrade and improved operating efficiency. Completed the performance review and

signing of the company’s organization at all levels cooperated with the budget management to complete the

business plan and budget succession and formed an optimization plan; promoted the inspection tracking and

correction of business monitoring analysis and performance of the business department. Optimized the

procurement system improved the procurement system documents upgraded the supplier classification and

refined the supplier performance management plan so as to ensure the continuous and efficient operation of the

procurement business. Strengthened the management of inventory and slow-moving materials strictly reviewed

the production scheduling plan of slow-moving products and conducted regular inspections. Continued to promote

the operation of the company's risk control compliance internal audit trinity and three risk prevention and control

management mechanisms. Strengthened the introduction of talents related to strategic new businesses andoptimized the allocation of talent teams; multi-dimensionally promoted the "San Hang Yi Jiang” talent capacity

development project continued to carry out school-enterprise cooperation and strengthened the training of

industrial workers.BOD Of Weifu High-Technology Group Co. Ltd.

23 August 2022

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