Stock Code: 000570, 200570 Stock Name: Changchai, Changchai-B Announcement No. 2022-014
CHANGCHAI COMPANY, LIMITED
ANNUAL REPORT 2021 (SUMMARY)
Part I Important Notes
This Summary is based on the full Annual Report of Changchai Company, Limited (together with its consolidated
subsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of the
Company’s operating results, financial position and future development plans, investors should carefully read the
aforesaid full text, which has been disclosed together with this Summary on the media designated by the China
Securities Regulatory Commission (the “CSRC”).
All the directors of the Company attended in person the board meeting for the approval of this Report.
Independent auditor’s modified opinion:
□ Applicable √ Not applicable
Board-approved final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period:
√ Applicable □ Not applicable
Bonus issue from capital reserves:
□ Yes √ No
The Board has approved a final dividend plan for ordinary shareholders as follows: based on the 705,692,507 shares,
a cash dividend of RMB0.26 (tax inclusive) per 10 shares is to be distributed to the shareholders, with no bonus
issue from either profit or capital reserves.
Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period:
□ Applicable √ Not applicable
This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions, the Chinese versions shall prevail.
Part II Key Corporate Information
1. Stock Profile
Stock name Changchai， Stock code 000570, 200570
Changchai-B
Stock exchange for stock listing Shenzhen Stock Exchange
Contact information Board Secretary Securities Representative
Name He Jianjiang
Address 123 Huaide Middle Road,
Changzhou, Jiangsu, China
Fax （86）519-86630954
Tel. （86）519-68683155
Email address cchjj@changchai.com
2. Principal Activities or Products in the Reporting Period
1. Principal Operations of the Company
We mainly specialize in the R&D, manufacture and sales of diesel engines under the brand "Changchai" and
gasoline engines under the brand "Robin". Our products are mainly used in agricultural machinery, small
construction machinery, light commercial vehicles, generator sets and shipborne machinery and other fields closely
related to people's livelihood.
In the Reporting Period, there were no major changes in the Company's core business and main products.
2. Main Products of the Company
Our main products are divided into two categories: diesel engines and gasoline engines. The details are as follows:
Main Graphic display Product description Product features Application
products fields
Our diesel engine products include
single-cylinder diesel engines and High power, low Agricultural
multi-cylinder engines, covering oil consumption, machinery,
power range from1.62kWto117.6kW, low noise, construction
Diesel and cylinder diameters from 65mm to compact machinery,
engine 135mm, with one or more cylinders. structure, low generator sets,
Besides sale in domestic market, our emission, good shipborne
diesel engines are sold to Southeast reliability machinery
Asia, SouthAmerica, the Middle East
andAfrica.
Our gasoline engines are mainly
general-purpose small gasoline
engines, covering the power range Simple structure, Agricultural
Gasoline from 1.5kW to 7.0kW. Besides sale in good reliability, machinery, small
engine domestic market, our gasoline engines easy maintenance construction
are sold to SoutheastAsia, the Middle machinery
East, Europe andAmerica,Africa,
Japan and other countries and regions.
3. Major Business Models
(1) R&D model
We have established an innovative technology management system for internal combustion engine based on market
demand and forward-looking technologies. Prior to the new pro
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