On September 2, 2025, Hangcha Group Co., Ltd. (stock code 603298) successfully held an online "Hangcha Group 2025 Interim Results Briefing" via the SSE Roadshow website's "Results Briefing Interactive Platform," engaging in candid and thorough exchanges with investors on topics including the company's development strategy, performance, domestic and international footprint, technological innovation, and future plans. Guests attending this results briefing included Mr. Zhao Limin, Chairman and General Manager of the company; Mr. Cai Yunfeng, Independent Director; Mr. Chen Saimin, Assistant to the General Manager and Board Secretary; and Mr. Zhang Shutong, Chief Accountant and Head of Finance.

In the first half of 2025, the global manufacturing industry faced a complex and volatile macroeconomic environment, yet the company maintained a steady development trajectory. Closely adhering to its vision of "becoming the world's strongest forklift enterprise," the company persisted in innovation-driven development, deepened structural adjustment, and continued to advance the implementation of its "New Energy Strategy." During the reporting period, the company achieved operating revenue of RMB 9.302 billion, up 8.74% year on year, and net profit of RMB 1.121 billion, up 11.38% year on year. The revenue share of new energy products continued to rise, and overseas sales volume grew by more than 25% year on year (approximately 60,000 units), setting a record high.

In his address, Chairman and General Manager Zhao Limin stated that in 2025, in the face of industry transformation, we focused on advancing three aspects of transformation: First, a comprehensive upgrade of the product mix toward intelligence and electrification, with new products such as high-voltage lithium-battery forklifts and AGV intelligent industrial vehicles gaining high market recognition; second, further improvement of the global marketing network, with the company establishing more than 20 overseas subsidiaries in regions including Europe, North America, and Southeast Asia, and its Thailand production base expected to be completed in the fourth quarter, achieving full coverage of key global markets; third, the iterative upgrading of the production system toward intelligent manufacturing, with the industrial internet platform helping to improve efficiency across the entire value chain. Looking ahead, we will continue to focus on the strategic directions of electrification, intelligence, and internationalization, and accelerate our march toward the goal of becoming one of the world's top five forklift enterprises. We firmly believe that, leveraging the systemic advantages of China's manufacturing sector and the innovation and adaptability of Hangcha people, we will surely create sustained and stable returns for investors.

Subsequently, the attending guests provided detailed interpretations of the company's performance, core competitiveness, technological innovation, future development plans, and shareholder returns, among other aspects, giving investors a relatively comprehensive understanding of Hangcha Group's overall development and providing ample reference information for investors' investment decisions.

The 2025 interim results briefing was a complete success. We thank the Shanghai Stock Exchange SSE Roadshow Center for building an excellent communication platform for us and investors. Going forward, Hangcha Group will continue to maintain close communication with investors through various appropriate means, keeping investors fully informed about the company's development in all aspects, so as to better protect investors' interests, win investors' trust, and, with the strong support of investors, continuously achieve the company's business development goals.

The interactive exchange content of this Hangcha Group 2025 Interim Results Briefing is available in detail on the Shanghai Stock Exchange's "SSE Roadshow Center" (http://roadshow.sseinfo.com). Investors are kindly invited to follow.