无锡威孚高科技集团股份有限公司2022年年度报告摘要

Stock Code: 000581 200581 Public Notice No: 2023-011

Short Form of the Stock: WFHT Su Weifu-B

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

I. Important Notice

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

development plan of the Company investors should read the full-text of annual report that published on media appointed by CSRC.All directors attended the Meeting of the Board for Annual Report 2022 deliberation.Prompt of non-standard audit opinion

□ Applicable □ Not applicable

Profit distribution plan of common stock or public reserve transfer into share capital deliberated by the Board in the reporting period

√Applicable □Not applicable

Transfer of public reserve into share capital

□Yes □No

The profit distribution plan that deliberated and approved by the Board is: Based on total share capital of 983173293 distributed

1.00 Yuan (tax included) bonus in cash for every 10-share hold by all shareholders 0 share bonus issued (tax included) and no public

reserve transfer into share capital either.Profit distribution 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

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

Fax. 0510-80505199 0510-80505199

Tel. 0510-80505999 0510-80505999

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

2. Main business or products introduction in the reporting period

(i)Main business of the Company

The Company is engaged in the research and development production and sales of core automotive parts and

components. During the reporting period the main products are diesel fuel injection system products exhaust gas

1无锡威孚高科技集团股份有限公司2022年年度报告摘要

after-treatment system products and air intake system products. Meanwhile the core components of the fuel cell

products of the Company have been produced and marketed in small batches.

1. The diesel fuel injection system products are widely applied to diesel engines of all grades of power to support

various types of trucks buses construction machinery marine agricultural machinery generator sets etc. The

products can satisfy the National VI and Off-road Stage IV emission regulations for vehicles and are in the

leading position within the industry in terms of product variety production scale market share etc. While making

efforts to match with domestic main engines some products have been exported to America Southeast Asia the

Middle East and other regions.

2. exhaust gas after-treatment system products can satisfy the National VI and Off-road Stage IV emission

regulations for vehicles. The products are in the leading position domestically in terms of technology level market

scale and production capacity and are widely used in the fields of passenger cars commercial vehicles off-road

machinery etc. which can provide strong support for the product upgrading of main engine manufacturers.

3. Air intake system products (superchargers) can satisfy the National VI Off-road Stage IV emission regulations

for vehicles the application range covers multiple fields such as commercial vehicles passenger cars

construction machinery agricultural machinery and generator sets providing support for major domestic OEMs

and vehicle manufacturers.

4. The core components of the fuel cell products including membrane electrode graphite bipolar plate metal

bipolar plate and key BOP components are used for supporting domestic and overseas fuel cell reactor and system

manufacturers.(ii) Business model of the CompanyThe Company follows the business philosophy of “Making Fine Products Creating Famous Brands andAchieving Common Growth in Values” and implements the business model of unified management by the parent

company and decentralized production by the subsidiaries. The parent company is responsible for formulating

strategic development plans and business objectives and providing unified management guidance and assessment

to the subsidiaries in terms of finance major personnel management core raw materials quality control

technology development etc. Subsidiaries arrange production based on the order management model of the

market which not only enables the subsidiaries to maintain uniform product quality but also facilitates timely

understanding of customer demands and saving logistics costs so as to improve the economic efficiency of the

Company by maintaining the timeliness of product production and supply.

3. Main accounting data and financial indexes

(1) Main accounting data and financial indexes for recently three years

Whether it has retroactive adjustment or re-statement on previous accounting data or not

□Yes √ No

In RMB

2无锡威孚高科技集团股份有限公司2022年年度报告摘要

Changes at end of the

current year compared

Year-end of 2022 Year-end of 2021 Year-end of 2020

with the end of

previous year (+-)

Total assets 28528913065.01 27970858427.84 2.00% 27350695388.21

Net assets attributable to

17696679170.7219398607689.65-8.77%18282017990.66

shareholders of listed company

Changes in the current

2022 2021 year over the previous 2020

year (+-)

Operating income 12729634917.03 13682426710.95 -6.96% 12883826306.60

Net profit attributable to

118819836.302575371419.80-95.39%2772769377.96

shareholders of the listed company

Net profit attributable to

shareholders of the listed company

119966549.622544559926.75-95.29%2089986086.10

after deducting non-recurring gains

and losses

Net cash flows arising from

-2575742649.43627712593.41-510.34%781811234.01

operating activities

Basic earnings per share

0.092.57-96.50%2.79

(RMB/Share)

Diluted earnings per share

0.092.57-96.50%2.79

(RMB/Share)

Weighted average ROE 0.64% 13.67% -13.03% 15.78%

(2) Quarterly main financial index

In RMB

Q 1 Q 2 Q 3 Q 4

Operating income 4322024211.55 2815148646.42 2607800533.18 2984661525.88

Net profit attributable to

720738423.95370388056.13175558437.23-1147865081.01

shareholders of the listed company

Net profit attributable to

shareholders of the listed company

736298585.98391110353.55210509494.30-1217951884.21

after deducting non-recurring gains

and losses

Net cash flows arising from

-797509772.69-1696472272.20-814584807.48732824202.94

operating activities

Whether there are significant differences between the above-mentioned financial index or its total number and the relevant financial

index disclosed in the company’s quarterly report and semi-annual report

√Yes □No

The Company has retroactively adjusted the data disclosed in the first quarter report semi-annual Report and third quarter report the

specific reasons for adjustment can be found in “Announcement on Correction of Previous Accounting Errors” disclosed by the

3无锡威孚高科技集团股份有限公司2022年年度报告摘要

Company on the designated website of Shenzhen Stock Exchange on April 28 2023.

4. Shares and shareholders

(1) Particulars about common stock shareholders preference shareholders with voting rights recovered

and top ten shareholders

In Share

Total preference

Total common stock Total preference

Total common shareholders with

shareholders at end shareholders with

stock shareholders voting rights recovered

66140 of last month before 69132 voting rights 0 0

in the reporting at the end of last

annual report recovered at the end

period-end month before annual

disclosed of reporting period

report disclosed

Top ten shareholders

Information of shares

Proportion Number of

Nature of Amount of shares pledged tagged or frozen

Name of Shareholders of shares lock-up stocks

Shareholders held

held held State of Amount

share

Wuxi Industry Development

State-owned corporate 20.23% 204059398

Group Co. Ltd.ROBERT BOSCH GMBH Foreign corporate 14.16% 142841400

Hong Kong Securities

Foreign corporate 1.95% 19663238

Clearing Company

BBH BOS S/A FIDELITY FD

Foreign corporate 1.39% 14006315

- CHINA FOCUS FD

NSSF - 413 Other 1.00% 10110000

FIDELITY INVMT TRT

FIDELITY INTL SMALL Foreign corporate 0.68% 6863386

CAP FUND

Shanghai Chongyang

Strategic Investment Co. Ltd.Other 0.55% 5500106

- Chongyang Strategic

Yingzhi Fund

Domestic nature

Xie Zuogang 0.51% 5132967

person

Domestic nature

Fei Guohua 0.50% 5020725

person

Basic pension insurance fund-

Other 0.45% 4524356

1003

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 not

aforesaid shareholders belong to the persons acting in concert regulated by the Management

Measure of Information Disclosure on Change of Shareholding for Listed

Company.Among the top 10 shareholders Shanghai Chongyang Strategic Investment

Co. Ltd. - Chongyang Strategic Yingzhi Fund holds 5500106 shares

Explanation on shareholders involving margin

business (if applicable) through investor credit securities accounts; Shareholder Fei Guohua holds

5020725 shares through an investor's credit securities account.

4无锡威孚高科技集团股份有限公司2022年年度报告摘要

(2) Total preferred stock shareholders of the Company and shares held by top ten shareholders with

preferred stock held

□ Applicable √ Not applicable

The Company had no shareholders with preferred stock held in the reporting.

(3) Property right and controlling relationships between the actual controllers of the Company and the

Company is as follows

Wuxi State-owned Assets Supervision & Department of Finance of

Administration Commission of State Jiangsu province

Council

100%

Wuxi Guofa Capital Operation 68.1518% 4.5401%

Co. Ltd.

27.3081%

Wuxi Industry Development Group Co. Ltd.

20.23%

Weifu High-Technology Group Co. Ltd..

5.Bonds in existence as of the approval date of the annual report

□ Applicable √ Not applicable

III. Important matters

During the reporting period there was no significant change in the Company's operation. See the full text of the Company's 2022

Annual Report for details during the reporting period.Board of Directors of

Weifu High-Technology Group Co. Ltd.

28 April 2023

5