Stock Code: 000570, 200570 Stock Name: Changchai, Changchai-B Announcement No. 2024-005
CHANGCHAI COMPANY, LIMITED
ANNUAL REPORT 2023 (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 RMB0.47 (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 Shenzhen Stock Exchange
listing
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
engineering machinery, 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 Product Application
produc Graphic display Product description features fields
ts
Our diesel engine products include
single-cylinder diesel engines and High power, low Agricultural
multi-cylinder engines, covering oil consumption, machinery,
Diesel power range from 3kW to 129kW, low noise, construction
engine and cylinder diameters from 65mm compact machinery,
to 135mm. Besides sale in domestic structure, low generator sets,
market, our diesel engines are sold emission, good shipborne
to SoutheastAsia, SouthAmerica, reliability machinery
the Middle East andAfrica.
Our gasoline engines are mainly
general-purpose small gasoline
engines, covering the power range Simple structure, Agricultural
Gasolin from 1.5kW to 9.0kW. Besides sale good reliability, machinery,
e in domestic market, our gasoline easy small
engine engines are sold to SoutheastAsia, maintenance construction
the Middle East, Europe and machinery
America,Africa, Japan and other
countries and regions.
3. Industry Review
(1) Basic information on the industry
The internal combustion engine is an important support for China's manufacturing industry security, energy
security and national defense security, and an important basic industry of national economy and national defense
construction. The internal combustion engine
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