Core Viewpoint - Ruisheng Technology reported a decline in revenue and a net loss for the first three quarters of 2025, primarily due to project delays and increased R&D expenses, while also highlighting new contract wins and a focus on high-end manufacturing solutions [1][2][3] Financial Performance - The company achieved total revenue of 582 million yuan, a year-on-year decrease of 12.07% [1] - The net profit attributable to shareholders was a loss of 6.13 million yuan, compared to a profit of 4.26 million yuan in the same period last year [1] Business Overview - Ruisheng Technology operates in robotics, AI machine vision, industrial software, and smart manufacturing, providing flexible digital solutions [1] - The company is a leading provider of intelligent manufacturing solutions in the automotive sector and has expanded into various industries including new energy vehicles, machinery, and aerospace [1] Client Base - The company serves major automotive manufacturers such as GAC Group, SAIC Group, and BYD, as well as high-end manufacturing firms like Hitachi Elevator and SANY Heavy Industry [1] Recent Developments - The company secured a contract worth approximately 330.8 million yuan for a cotton picker production project and another contract exceeding 130 million yuan for providing intelligent manufacturing solutions for new energy vehicles [2] - Ruisheng Technology has also achieved initial orders for its high-precision six-axis robot from leading display panel companies [2] Future Outlook - The chairman emphasized the shift of China's manufacturing from "big country manufacturing" to "strong country manufacturing," focusing on high-end precision manufacturing as a growth area [3] - The company is advancing its digital transformation by establishing dedicated divisions for automotive, general, and digital industries, targeting high-end, intelligent, and green development [3]

证券代码：688090 证券简称：瑞松科技公告编号：2025-068 广州瑞松智能科技股份有限公司 关于自愿披露收到《成交通知书》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 近日，广州瑞松智能科技股份有限公司(以下简称"公司")收到新疆五牛防护装备有限公司（以下简称"新 疆五牛"）出具的《成交通知书》，在参加新疆五牛的采购响应中，经评审小组审定，确定公司为"新疆 五牛防护装备有限公司采棉机摘锭生产装备建设项目"的成交方。项目具体信息如下： 三、风险提示 （一）公司已取得新疆五牛防护装备有限公司采棉机摘锭生产装备建设项目的《成交通知书》，但尚未 签订正式合同，合同签订及合同条款尚存在不确定性； （二）项目成交预计有利于推动公司的业务发展，增强公司的市场影响力。若项目履行顺利，将对公司 经营业绩产生积极影响，具体影响金额及影响时间将视交易的具体情况而定。敬请广大投资者谨慎决 策，注意防范投资风险。 项目名称：新疆五牛防护装备有限公司采棉机摘锭生产装备建设项目 项目总金额：3.3080亿元人民币（含税） 成交方：广州瑞松 ...

瑞松科技(688090.SH)发布公告，近日，公司收到新疆五牛防护装备有限公司(简称"新疆五牛")出具的 《成交通知书》，在参加新疆五牛的采购响应中，经评审小组审定，确定公司为"新疆五牛防护装备有 限公司采棉机摘锭生产装备建设项目"的成交方，成交总金额约3.308亿元(含税)。 该项目成交预计有利于推动公司的业务发展，增强公司的市场影响力。若项目履行顺利，将对公司经营 业绩产生积极影响。 ...

人民财讯12月1日电，瑞松科技(688090)12月1日公告，公司近日收到新疆五牛防护装备有限公司(简 称"新疆五牛")出具的成交通知书，在参加新疆五牛的采购响应中，经评审小组审定，确定公司为"新疆 五牛防护装备有限公司采棉机摘锭生产装备建设项目"的成交方，成交总额约3.31亿元(含税)。 ...

证券代码：688090 证券简称：瑞松科技 公告编号：2025-068 一、项目的主要情况 项目名称：新疆五牛防护装备有限公司采棉机摘锭生产装备建设项目 项目总金额：3.3080 亿元人民币（含税） 成交方：广州瑞松智能科技股份有限公司 二、对上市公司的影响 本次成交总金额约 3.3080 亿元人民币（含税）。该项目成交预计有利于推动 公司的业务发展，增强公司的市场影响力。若项目履行顺利，将对公司经营业绩 产生积极影响，具体影响金额及影响时间将视交易的具体情况而定。 公司与交易对方不存在关联关系，上述项目成交对公司业务独立性不构成影 响。 三、风险提示 （一）公司已取得新疆五牛防护装备有限公司采棉机摘锭生产装备建设项目 的《成交通知书》，但尚未签订正式合同，合同签订及合同条款尚存在不确定性； 广州瑞松智能科技股份有限公司 关于自愿披露收到《成交通知书》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 近日，广州瑞松智能科技股份有限公司(以下简称"公司")收到新疆五牛防 护装备有限公司（以下简称"新疆五牛"）出具的《成交通 ...

本次成交总金额约3.308亿元人民币（含税）。该项目成交预计有利于推动公司的业务发展，增强公司 的市场影响力。若项目履行顺利，将对公司经营业绩产生积极影响，具体影响金额及影响时间将视交易 的具体情况而定。 格隆汇12月1日丨瑞松科技(688090.SH)公布，近日，公司收到新疆五牛防护装备有限公司出具的《成交 通知书》，在参加新疆五牛的采购响应中，经评审小组审定，确定公司为"新疆五牛防护装备有限公司 采棉机摘锭生产装备建设项目"的成交方。项目总金额：3.308亿元人民币（含税）。 ...

格隆汇12月1日｜瑞松科技(688090.SH)公告称，公司收到新疆五牛防护装备有限公司的《成交通知 书》，确定公司为"新疆五牛防护装备有限公司采棉机摘锭生产装备建设项目"的成交方，项目总金额为 3.3080亿元人民币（含税）。该项目预计将推动公司业务发展，增强市场影响力，若项目顺利履行，将 对公司经营业绩产生积极影响。但需注意合同签订及条款的不确定性，以及具体影响金额和时间将视交 易情况而定。 ...

瑞松科技公告，近日，公司收到新疆五牛出具的《成交通知书》，在参加新疆五牛的采购响应中，经评 审小组审定，确定公司为"新疆五牛防护装备有限公司采棉机摘锭生产装备建设项目"的成交方。项目总 金额为3.31亿元人民币（含税）。 ...

瑞松科技首次公开发行股票的发行费用总额为5807.18万元，其中，承销费用与保荐费用4550.28万元。 2024年6月18日，瑞松科技公告分红方案，每10股派息(税前)2.2元，转增4股。 中国经济网北京11月27日讯 瑞松科技(688090.SH)近日披露2025年第三季度报告。年初至报告期末，该 公司实现营业收入5.82亿元，同比下降12.07%；实现归属于上市公司股东的净利润-613.26万元；实现归 属于上市公司股东的扣除非经常性损益的净利润-887.75万元；经营活动产生的现金流量净额为4974.24 万元。 2024年，瑞松科技实现归属于上市公司股东的净利润1,124.87万元，实现归属于上市公司股东的扣除非 经常性损益的净利润207.60万元。 瑞松科技于2020年2月17日在上交所科创板上市，发行数量为1684.01万股（无老股转让），发行价格为 27.55元/股，保荐机构为广发证券股份有限公司，保荐代表人为王国威、夏晓辉。 瑞松科技首次公开发行股票募集资金总额为4.64亿元，扣除发行费用后，募集资金净额为4.06亿元。瑞 松科技最终募集资金净额较原计划多3083.80万元。瑞松科技于202 ...

Market Review - The Sci-Tech Innovation Artificial Intelligence ETF (Hua Xia, 589010) increased by 2.07% on November 25, with a strong early performance followed by a slight afternoon pullback, maintaining high-level fluctuations overall [1] - Notable stocks included Lingyun Optics, which surged by 10.18%, and Haitai Ruisheng, which rose by 9.29%, with several other stocks like Hengxuan Technology and Sikan Technology also showing gains exceeding 6%, indicating significant profitability in the sector [1] - The total trading volume exceeded 73 million yuan, reflecting active trading conditions. Despite a slight outflow of funds on that day, the trend of net inflows over the past five days and a peak single-day capital absorption of over 170 million yuan suggest ongoing investment in core assets of the AI industry chain [1] - The Robot ETF (562500) rose by 0.32%, demonstrating resilience with a "high-low pullback" pattern. Key stocks like Bojie Co. hit the daily limit, while Ruisheng Technology increased by over 4% [1] - The Robot ETF has seen net inflows for five consecutive trading days, accumulating over 1.3 billion yuan, indicating strong market interest and active reallocation of funds within the sector [1] Hot News - A announcement from Aowei New Materials stated that the first meeting of the fourth board of directors will be held on November 25, 2025, where Peng Zhihui was elected as chairman, and Tian Hua was appointed as CEO, with terms aligned with the board's duration [2] - Efort responded to investor inquiries about its super factory, confirming that the first phase of the global headquarters project commenced construction in September 2023 and is progressing as planned [2] - Obit Zhongguang highlighted the advantages of its Gemini series binocular structured light cameras and Femto series iToF cameras, which meet the perception and interaction needs of humanoid robots in complex environments, with successful adaptations to major manufacturers [2] Institutional Views - Open Source Securities predicts that by 2025, China's humanoid robot industry will thrive due to top-level design and collaborative innovation across the entire industry chain, with companies like Tesla and Xiaopeng setting clear mass production timelines and initiating robot factory construction [3] - The domestic production of core components is advancing rapidly, with significant breakthroughs in key technologies such as reducers and dexterous hands, enhancing the industry's self-control capabilities [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion yuan, offering the best liquidity and comprehensive coverage of China's robot industry chain, facilitating investors' access to the sector [4] - The Sci-Tech Innovation Artificial Intelligence ETF (Hua Xia, 589010) is described as the "brain" of robotics, with a 20% fluctuation limit and small-cap elasticity, aimed at capturing pivotal moments in the AI industry [4]