Stock Code: 000581, 200581 Public Notice No: 2024-009
Short Form of the Stock: WFHT, Su Weifu-B
Weifu High-Technology Group Co., Ltd.
Summary ofAnnual Report 2023
I. Important Notice
The summary is abstract from full-text of annual report, for more details of operating results, financial condition and future
development plan of the Company, investors should read the full-text of annual report that published on media appointed by CSRC.
All directors attended the Meeting of the Board for Annual Report 2022 deliberation.
Prompt of non-standard audit opinion
Applicable □Not applicable
Gongzheng Tianye Certified Public Accountants (SGP) issued the audit report for the Company with an unqualified opinion with
highlighted paragraphs, the Board of Directors and the Board of Supervisors of the Company have explained the relevant matters in
detail, please read carefully.
Profit distribution plan of common stock or public reserve transfer into share capital deliberated by the Board in the reporting period
Applicable □Not applicable
Transfer of public reserve into share capital
□Yes No
The profit distribution plan that was deliberated and approved by the Board Meeting is: Based on total share capital of 977,162,793,
distributed 10.00 yuan (tax included) bonus in cash for every 10-share held by all shareholders, 0 share bonus issued (tax included)
and no transfer of capital reserve into share capital. When the profit distribution plan is implemented, if there is a change in the total
amount of shares entitled to profit distribution, the total amount of shares entitled to profit distribution on the equity registration date
at the time of implementation of the distribution plan shall be adjusted based on the principle of unchanged distribution proportion.
Profit distribution plan of preferred stock deliberated and approved by the Board in the reporting period.
□Applicable Not applicable
II. Company information
1. Company Profile
Short form of the stock WFHT, Su Weifu-B Stock code 000581, 200581
Stock exchange for listing Shenzhen Stock Exchange
Person/Way to contact Secretary of the Board Rep. of security affairs
Name Liu Jinjun Xu Kan
Office add. No.5 Huashan Road, Xinwu District, Wuxi No.5 Huashan Road, Xinwu District, Wuxi
Fax. 0510-80505199 0510-80505199
Tel. 0510-80505999 0510-80505999
E-mail Web@weifu.com.cn Web@weifu.com.cn
2. Main business or products introduction in the reporting period
(I) Main business engaged by the Company
The main business of the company is the research and development, production and sales of core automotive parts,
and currently has four business segments, including energy conservation and emission reduction, green hydrogen
energy, intelligent electric, industrial and other. During the reporting period, the main products sold were diesel
fuel injection system, exhaust after-treatment system, air intake system, core parts of fuel cells, core parts of
electric drive systems, core parts of thermal management systems, cabin core parts, core parts of brake systems,
etc.
1. Diesel fuel injection system, including high pressure oil pump, high pressure oil rail, injector, filter and other
products, widely used in diesel engines of all levels of power, supporting various trucks, buses, construction
machinery, marine, agricultural machinery, generator sets, and can meet the national standard VI, off-road stage
IV emission regulations, leading in the product variety, production scale, market share. While doing a good job in
supporting domestic engines, some products are exported to the Americas, Southeast Asia, the Middle East and
other regions.
2. Exhaust after-treatment system, including diesel purifier, gasoline purifier, natural gas purifier, muffler, catalyst
and other products, can meet the national VI standard, off-road stage IV emission regulations, with leading
technical level, market scale and production capacity in China, widely used in traditional power & plug-in hybrid
passenger vehicles, commercial vehicles, off-road machinery and other fields, and can provide strong support for
product upgrading and renewal of OEMs.
3. Air intake system, including diesel supercharger, gasoline supercharger, natural gas supercharger and other
products, can meet the national VI, off-road stage IV emission regulations, with the scope of application covering
commercial vehicles, traditional power & plug-in hybrid passenger vehicles, construction machinery, agricultural
machinery, generator sets and other fields, and can support