WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
SEMI-ANNUAL REPORT 2021
AUGUST 2021
Section I. Important Notice, Contents and Interpretation
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Weifu High-Technology Group Co., Ltd. (hereinafter referred to as the
Company) hereby confirm that there are no any fictitious statements, misleading
statements, or important omissions carried in this report, and shall take all
responsibilities, individual and/or joint, for the reality, accuracy and completion of
the whole contents.
Wang Xiaodong, Principal of the Company, Ou Jianbin, person in charger of
accounting works and Ou Jianbin, person in charge of accounting organ (accounting
principal) hereby confirm that the Financial Report of 2021 Semi-Annual Report is
authentic, accurate and complete.
All directors are attend the Meeting for the Report deliberation.
In this report, details of relevant risks and countermeasures in operation have
described, found more in relevant content in the Report. Concerning the
forward-looking statements with future planning involved in the Report, they do not
constitute a substantial commitment for investors.
The China Securities Journal, Securities Times, Hong Kong Commercial Daily and
Juchao Website (www.cninfo.com.cn)are the information disclosure media appointed
by the Company, all information should be prevail on the above mentioned media,
investors are advice to pay attention on investment risks.
The Company has no plan of cash dividend distributed, no cash bonus and
capitalizing of common reserves either carried out.
The Report is prepared in Chinese and English respectively. In the event of any
discrepancy between the two versions, the Chinese version shall prevail.
Contents
Section I. Important Notice, Contents and Interpretation......2
Section II Company Profile and Main Financial Indexes ......6
Section III Management Discussion andAnalysis ......9
Section IV. Corporate Governance......22
Section V. Environmental and Social Responsibility ......24
Section VI. Important Matters......25
Section VII. Changes in Shares and Particulars about Shareholders......34
Section VIII. Preferred Stock......40
Section IX. Corporate Bonds ......41
Section X. Financial Report ......42
DocumentsAvailable for Reference
I. Financial statement carrying the signatures and seals of person in charge of the company, principal of the
accounting works and person in charge of accounting organ (accounting Supervisor);
II. Original documents of the Company and manuscripts of public notices that disclosed in the website
Juchao (http://www.cninfo.com.cn) designated by CSRC in the report period;
III. The Semi-Annual report published on China Securities Journal, Securities Times and Hong Kong
Commercial Daily during the Period.
Interpretation
Items Refers to Contents
Company, The Company, WFHT Refers to WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
Wuxi Industry Group Refers to Wuxi Industry Development Group Co., Ltd.
Robert Bosch, Robert Bosch Company Refers to Robert Bosch Co., Ltd, ROBERT BOSCH GMBH
RBCD Refers to Bosch Powertrain Systems Co.,Ltd.
WFLD Refers to Wuxi Weifu Lida Catalytic Converter Co., Ltd.
WFJN Refers to Nanjing Weifu Jinning Co., Ltd.
WFTT Refers to Ningbo Weifu Tianli Turbocharging Technology Co., Ltd.
WFCA Refers to Wuxi Weifu Chang’an Co., Ltd.
WFMA Refers to Wuxi Weifu Mashan Fuel Injection Equipment Co., Ltd.
WFTR Refers to Wuxi Weifu International Trade Co., Ltd.
WFSC Refers to Wuxi Weifu Schmitter Powertrain Components Co., Ltd.
WFAM Refers to Wuxi Weifu Autocam Precision Machinery Co., Ltd.
WFDT Refers to Wuxi Weifu E-drive Technologies Co., Ltd.
WFAS Refers to Wuxi Weifu Autosmart Seating System Co., Ltd.
SPV Refers to Weifu HoldingApS
IRD Refers to IRD Fuel CellsA/S
Borit Refers to Borit NV
WFEC Refers to Wuxi Weifu Environmental Catalysts Co., Ltd.
WFPM Refers to Wuxi Weifu Precision Machinery Manufacturing Co., Ltd.
Zhonglian Electronics Refers to Zhonglian Automobile Electronics Co., Ltd.
Shinwell Automobile Refers to Shinwell Automobile Technology (Wuxi) Co., Ltd.
CSRC Refers to China Securities Regulatory Commis