WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
SEMI-ANNUAL REPORT 2022
August 2022
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, Principalof the Company, Ou Jianbin, person in charge of accounting
works and Ou Jianbin, person in charge of accounting organ (accounting principal)
hereby confirm that the Financial Report of 2022 Semi-Annual Report is authentic,
accurate and complete.
All directors are attend the Meeting for the Report deliberation.
The forward-looking statements with future plans involved in the Report do not
constitute a substantial commitment for investors. Investors and related parties should
maintain sufficient risk awareness and investors are advised to exercise caution of
investment risks.
The Company may face main risks in future operation and countermeasures are
describes in the “Management Discussion and Analysis”, the investors are advised to
check them out.
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...... 1
Section II. Company Profile and Main Financial Indexes...... 5
Section III. Management Discussion andAnalysis ...... 8
Section IV. Corporate Governance...... 22
Section V. Environmental and Social Responsibility...... 24
Section VI. Important Matters ...... 28
Section VII. Changes in Shares and Particulars about Shareholders...... 38
Section VIII. Preferred Stock ...... 42
Section IX. Corporate Bonds...... 43
Section X. Financial Report ...... 44
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 designated
by CSRC during the reporting period;
III. The Semi-Annual report summary published on China Securities Journal, Securities Times and Hong Kong
Commercial Daily during the Period.
IV. Place for preparation: Office of the BOD of the Company
Interpretation
Items Refers to Contents
Company, The Company, WFHT Refers to WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
Weifu Group Refers to Wuxi Weifu 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 Co., Ltd
WFLD Refers to WUXI WEIFU LIDACATALYTIC 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 INTERNATIONALTRADE CO.,LTD.
WFSC Refers to WUXI WEIFU SCHMITTER POWERTRAIN COMPONENTS CO.,LTD.
WFAM Refers to WUXI WEIFUAUTOCAM PRECISION MACHINERY CO.,LTD.
WFDT Refers to WUXI WEIFU E-DRIVE TECHNOLOGIES CO., LTD.
WFAS Refers to WUXI WEIFUAUTOSMART SEATING SYSTEM CO., LTD.
SPV Refers to Weifu HoldingApS
IRD Refers to IRD Fuel CellsA/S
Borit Refers to Borit NV
WFFC Refers to Wuxi Weifu Qinglong Power Technology Co., Ltd.
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.
Guokai Metal Refers to Wuxi Guokai Metal Resources Co., Ltd.
Hebei Machinery Refers to
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