Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
Stock Code: 000581, 200581 Public Notice No: 2026-002
Short Form of the Stock: WFHT, Su Weifu-B
Weifu High-Technology Group Co., Ltd.
Summary of Annual Report 2025
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 deliberation.
Prompt of non-standard audit opinion
□ Applicable ?Not applicable
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 966,785,693,
distributed 7.00 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
Short form of the stock WFHT, Su Weifu-B Stock code 000581, 200581
Stock exchange for listing Shenzhen Stock Exchange
Former Short form of the stock Su Weifu-A
Person/Way to contact Secretary of the Board Rep. of security affairs
Name Liu Jinjun Xu Kan
Office add. No.6 Huashan Road, Xinwu District, Wuxi No.6 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
Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
(I) Main business engaged by the Company
The Company has been deeply involved in the core automotive parts for many years. With deep technical accumulation, perfect
production system and extensive market layout, the Company has formed four core business segments, including energy saving and
emission reduction, intelligent electric drive, green hydrogen energy, industry and others, and built a product matrix covering
traditional fuel vehicles, new energy vehicles, off-road machinery, industrial equipment, energy storage and other fields, which can
provide supporting solutions for OEMs, automotive manufacturers and related enterprises at home and abroad. During the reporting
period, the Company's core products continued to maintain a leading position in the industry in terms of market share, technical level
and production scale, while the Company was actively developed in automotive intelligent control, new industries and other fields to
promote the optimization and upgrading of business structure and achieve sustainable development.
This segment involves the Company's core advantage business, focusing on energy saving and emission reduction in the field of
energy and power, and deeply cultivating supporting parts of diesel, gasoline, natural gas and other power types. The products can
fully meet the latest emission regulations of CN VI and Off-road Phase IV vehicles in many countries and industries, and widely
support various types of power equipment, providing core support for the environmental protection upgrade of traditional power
equipment.
(1) Fuel injection system: It mainly includes high-pressure fuel pump, high-pressure fuel rail, fuel injector, filter and other
products, which can be adapted to diesel engines of various power and clean alternative fuels, and are widely used in diversified
scenarios such as trucks, buses, construction machinery, agricultural machinery, marine machinery, generator sets, etc. The
Company's products are at the leading level in variety, production scale and market share. While stabilizing the domestic OEM
supporting market, the Company actively expanded overseas markets, and some products were successfully exported to America,
Southeast Asia, the Middle East and other regions, which were widely recognized by overseas customers.
(2) Exhaust post-treatment system: It mainly includes diesel purifier, gasoline purifier, natural gas purifier, muffler, catalyst and
other products, which can meet the needs of traditional power and plug-in hybrid passenger cars, commercial vehicles, construction
machinery, agricultural machinery, generator sets and other fields, and the technical level, market scale and production capacity are at
the leading level in China. By virtue of advanced catalytic technology and efficient purification efficiency, the products can provide
strong support for the upgrading of main equipment manufacturers' products, help customers to meet the latest emission regulations
and enhance the market competitiveness of products.
(3) Intake system: It mainly includes diesel turbocharger, gasoline turbocharger, natural gas turbocharger and other products,
covering traditional power and plug-in hybrid passenger cars, commercial vehicles, construction machinery, agricultural machinery,
generator sets and other fields, and the products can provide stable and efficient supporting services for major domestic OEMs and
automotive manufacturers. The products have the core advantages of power improvement, energy saving and consumption reduction,
and can be used to effectively optimize the engine performance, taking into account the power output and environmental protection
requirements, and adapting to the power equipment requirements of different scenarios.
This section closely follows the development trend of new energy vehicles and intelligent driving industry, focuses on the R&D
and production of core parts of new energy vehicles and intelligent driving sensing systems, and accurately grasps the upgrading
direction of the industry. The products mainly support new energy vehicles and related intelligent driving fields to help the
automotive industry to transform into electrification and intelligence, including:
(1) Core parts of electric drive system, including motor shaft, end cover, water jacket and other products, which have the
advantages of high precision, high reliability and wide adaptability, and are mainly used to provide support for new energy passenger
car enterprises and electric drive system manufacturers at home and abroad to improve the power performance and endurance of new
energy vehicles.
Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
(2) Core parts of thermal management system, including electronic fuel pump, electronic water pump, thermostat, water cooling
plate and other products, which focus on the thermal management requirements of new energy vehicles and hydrogen fuel cell stacks,
and can be effectively used to control the operating temperature, improve the stability and safety of new energy vehicles and
hydrogen fuel cell systems, providing support for new energy passenger cars, commercial vehicles and hydrogen fuel cell system
manufacturers at home and abroad.
(3) Core parts of cabin, including automotive seat assembly, seat frame, electric long slide rail, shock absorber and other
products, taking into account the requirements of comfort, safety and intelligence, providing support for passenger car and
commercial vehicle enterprises at home and abroad. The products can be customized according to customer needs.
(4) Core parts of braking system, mainly including mechanical vacuum pumps and other products, which have the advantages of
high braking efficiency, stability and reliability, mainly provide support for mainstream passenger car and commercial vehicle
enterprises at home and abroad, to meet the requirements of automotive braking system and ensure the driving safety of vehicles.
(5) Core intelligent sensing modules, including 4D imaging radar, front radar, angle radar, cabin radar, road brake radar and
other products, in which the technical level is at the leading level of the industry. The products are mainly used in intelligent driving,
intelligent cockpit, intelligent parking, vehicle-road coordination and other scenarios, providing accurate sensing solutions for car
companies and related technology enterprises and help the large-scale application of intelligent driving technology.
This segment focuses on the core links of the hydrogen energy industry, closely follows the development trend of the global
hydrogen energy industry, and focuses on the R&D of hydrogen fuel cells and related supporting products to help the green and
low-carbon development of the new energy industry. The main products include membrane electrodes, bipolar plates (graphite and
metal), catalysts, BOP key parts (such as pumps such as hydrogen circulating pump, valves such as bottle valves, and key parts such
as air compressors) and hydrogen storage bottles, forming a complete product layout from core materials to key parts, mainly
providing high-quality supporting services for hydrogen fuel cell stack and system manufacturers and energy storage enterprises at
home and abroad, and helping the large-scale application of hydrogen energy in transportation, energy storage and other fields.
This segment focuses on supporting the core parts in the industrial field, and relies on the Company's mature R&D and
production capacity to develop the core parts of the hydraulic system, improve the business layout and expand the market space. The
main products include forklift hydraulic system, motor pump, internal gear pump, motor controller, piston parts, etc. The products
have high precision and high reliability to provide stable support for major domestic hydraulic enterprises and are widely used in
industrial forklifts, construction machinery, general machinery and other fields to upgrade industrial equipment and improve
industrial production efficiency.
(II) Business model of the Company
The Company follows the business philosophy of “Making Excellent Products, Creating Famous Brands and Realizing
Common Growth of Value”, and implements the business model with unified management of the parent company and decentralized
production of subsidiaries. The parent company is responsible for formulating strategic development plans and business objectives,
and implementing unified management, guidance and assessment on subsidiaries in finance, major personnel management, core raw
materials, quality control and technology research and development. The subsidiaries is responsible for arranging production in
market order management mode, not only to ensure the unified quality of products, but also help to understand customer needs and
save logistics costs in time, maintain the timeliness of production and supply, and improve the company's economic benefits.
(1) Main accounting data and financial indexes for recently three years
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes ? No
Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
In RMB
Changes at end of the current
Year-end of 2025 Year-end of 2024 year compared with the end of Year-end of 2023
previous year (+,-)
Total assets 29,667,727,447.65 28,404,900,411.22 4.45% 28,081,087,791.81
Net assets attributable to
shareholders of listed company
Changes in the current year
over the previous year (+,-)
Operating income 12,023,879,058.27 11,167,263,155.85 7.67% 11,093,141,950.98
Net profit attributable to
shareholders of the listed company
Net profit attributable to
shareholders of the listed company
after deducting non-recurring gains
and losses
Net cash flows arising from
operating activities
Basic earnings per share
(RMB/Share)
Diluted earnings per share
(RMB/Share)
Weighted average ROE 5.39% 8.47% -3.08% 9.92%
(2) Quarterly main financial index
In RMB
Q1 Q2 Q3 Q4
Operating income 2,834,349,666.20 2,926,068,966.91 2,738,647,789.90 3,524,812,635.26
Net profit attributable to
shareholders of the listed company
Net profit attributable to
shareholders of the listed company
after deducting non-recurring gains
and losses
Net cash flows arising from
-197,825,158.15 690,699,436.89 456,569,622.93 43,283,121.20
operating activities
Whether there are significant differences between the above-mentioned financial index or its total number and the relevant financial
index disclosed in the Company’s quarterly report and semi-annual report
□Yes ?No
(1) Particulars about common stock shareholders, preference shareholders with voting rights recovered
and top ten shareholders
In Share
Total preference
Total common stock Total preference shareholders with
Total common
shareholders at end of shareholders with voting rights
stock shareholders
in the reporting
annual report recovered at the end end of last month
period-end
disclosed of reporting period before annual
report disclosed
Top ten shareholders
Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
Information of shares
Proportion Number of
Nature of Amount of pledged, tagged or frozen
Name of Shareholders of shares lock-up
Shareholders shares held
held stocks held State of Amount
share
Wuxi Industry Development Group Co., State-owned
Ltd. corporate
ROBERT BOSCH GMBH Foreign corporate 15.44% 149,241,339 0 NA 0
Hong Kong Securities Clearing Company Foreign corporate 1.23% 11,918,839 0 NA 0
State-owned
SOOCHOW Securities 1.00% 9,642,095 0 Pledged 3,495,800
corporate
NSSF-413 Other 0.94% 9,120,001 0 NA 0
FIDELITY INVMT TRT FIDELITY INTL
Foreign corporate 0.93% 8,972,271 0 NA 0
SMALL CAP FUND
China Life Insurance Co., Ltd. - Traditional
- Ordinary Insurance Product - 005L-CT001 Other 0.69% 6,688,540 0 NA 0
Shanghai
Domestic natural
Lin Chuan 0.58% 5,591,000 0 NA 0
person
Domestic natural
Xie Zuogang 0.58% 5,562,767 0 NA 0
person
NSSF-107 Other 0.56% 5,432,900 0 NA 0
Among the aforesaid shareholders, there has no associated relationship between Wuxi
Industry Development Croup Co., Ltd. and other shareholders, the first largest
Explanation on associated relationship
shareholder of the Company; and they do not belong to the persons acting in concert
among the aforesaid shareholders
regulated by the Management Measure of Information Disclosure on Change of
Shareholding for Listed Company.
Explanation on shareholders involving margin business (if applicable) Nil
Participation of shareholders with a shareholding bigger than 5%, the top ten shareholders, and the top ten shareholders of
non-restricted tradable shares in the lending of shares through refinancing
□Applicable ? Not applicable
Changes in the top ten shareholders and the top ten shareholders of non-restricted tradable shares from the previous Period due to
lending/return through refinancing
□Applicable ? Not applicable
(2) Total preferred stock shareholders of the Company and shares held by top ten shareholders with
preferred stock held
□ Applicable ? Not applicable
The Company had no shareholders with preferred stock held in the reporting.
Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
(3) Property right and controlling relationships between the actual controllers of the Company and the
Company is as follows
Wuxi State-owned Assets Supervision & Department of Finance of
Administration Commission of State Jiangsu province
Council
Wuxi Guofa Capital Operation 58.82% 4.35%
Co., Ltd.
Wuxi Industry Development Group Co., Ltd.
Weifu High-Technology Group Co., Ltd..
? Applicable □ Not applicable
(1) Basic information of bonds
Bond balance
Bond Interest
Bond name Bond code Issue date Maturity date (ten thousand
abbreviation rate
yuan)
WFHT 2025 Sci-Tech Innovation
Corporate Bond (465 Modern 25WF K1 524579 2025-12-05 2028-12-08 50,000 1.90%
Industrial Cluster Special)
Payment and Redemption of Corporate Bonds during Lump-sum principal payment at maturity, interest payable annually on
the Reporting Period December 8.
(2) Triggering and implementation of issuer or investor option clauses and investor protection clauses
On December 2, 2025, Shanghai Brilliance Credit Rating & Investor Service Co., Ltd. has issued the "Credit Rating Report of Wuxi
Weifu High-Tech Group Co., Ltd.", assigned a AAA rating to the main body credit of WFHT, with a stable outlook.
(3) Major accounting data and financial indicators of the Company in the recent two years as of the end of
the reporting period
Unit: Ten Thousand Yuan
Year-on-year
Item 2025 2024
increase/decrease (+/-)
Asset-liability ratio 29.69% 27.79% 1.90%
Net profit after deducting non-recurring gains and losses 69,559.69 163,544.16 -57.47%
EBITDA to total debt ratio 60.01% 90.88% -30.87%
Interest coverage ratio 52.49 70.22 -25.25%
Weifu High-Technology Group Co., Ltd. Summary of Annual Report 2025
III. Important matters
During the reporting period, there was no significant change in the Company's operation. See the full text of the Company's 2025
Annual Report for details during the reporting period.
Board of Directors of
Weifu High-Technology Group Co., Ltd.
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