WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
SEMI-ANNUAL REPORT 2023
August 2023
Section I. Important Notice, Contents and Interpretation
Board of Directors, Board of Supervisory, 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, and Rong Bin, person in charge of
accounting works, as well as Wu Junfei, person in charge of accounting organ
(accounting principal) hereby confirm that the Financial Report of this Semi-Annual
Report is authentic, accurate and complete.
All directors have attended 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”, and 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.
Content
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 ...... 29
Section VII. Changes in Shares and Particulars about Shareholders...... 39
Section VIII. Preferred Stock ...... 45
Section IX. Corporate Bonds...... 46
Section X. Financial Report ...... 47
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 is published on China Securities Journal and Securities Times 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 Robert Bosch Powertrain Ltd.
WFLD Refers to WUXI WEIFU LIDACATALYTIC CONVERTER CO., LTD.
WFJN Refers to NANJING WEIFU JINNING CO., LTD.
WFTT Refers to NINGBO WFTT 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
WFQL Refers to Wuxi Weifu Qinglong Power Technology Co., Ltd.
VHIO Refers to VHIT S.p.A. SocietàUnipersonale
VHWX Refers to VHITAutomotive Systems(Wuxi) Co.Ltd
Lezhuo Bowei Refers to Lezhuo Bowei Hydraulic Technology (Shanghai) Co., Ltd
WFEC Refers to Wuxi WFEC Catalysts. Co., Ltd.
WFPM Refers to Wuxi We
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