Core Viewpoint - Zhejiang Rifa Precision Machinery Co., Ltd. announced the completion of share pledge and release procedures by its controlling shareholder, Zhejiang Rifa Holding Group Co., Ltd., and its concerted actor, Wu Jie, involving a total of 211,210,000 shares, which accounts for 99.9955% of their total holdings [1][3]. Group 1: Share Pledge and Release Details - The controlling shareholder, Rifa Group, released 12,000,000 shares from pledge, which represents 7.17% of its holdings and 1.60% of the company's total share capital [1]. - The pledge was initiated on June 12, 2023, and released on June 23, 2023, with the pledgee being Bank of Communications [1]. - The current total pledged shares by the controlling shareholder and its concerted actor amount to 28.15% of their total holdings, with no shares currently unpledged [3]. Group 2: Financial and Operational Overview - As of the latest financial data, Rifa Group reported total assets of 857,289.15 million and total liabilities of 731,429.79 million, resulting in an asset-liability ratio of 85.32% [4]. - The company generated operating revenue of 511,324.95 million, with a net profit of -52,278.20 million for the year 2024 [4]. - The cash flow from operating activities was recorded at 54,036.15 million, indicating a negative cash flow of -708.40 million for the first quarter of 2025 [4].

证券代码：002520 证券简称：日发精机 编号：2025-040 浙江日发精密机械股份有限公司 关于控股股东及其一致行动人股份解除质押及质押的 公告 二、股东股份本次质押的基本情况 | | 是否为 | 本次质 | 本次质押 | 本次质押 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 控股股 | | | | 是否 | 是否为 | | | | | | 股东 | | 押股份 | 占其所持 | 占公司总 | | | 质押开 | 质押解 | | | | | 东及其 | | | | 为限 | 补充质 | | | 质权人 | 用途 | | 名称 | | 数量 | 股份比例 | 股本比例 | | | 始日 | 除日 | | | | | 一致行 | | | | 售股 | 押 | | | | | | | | （股） | （%） | （%） | | | | | | | | | 动人 | | | | | | | | | | | | | | | | | | | 至申请 | 交通银行 | | | --- | - ...

证券代码：002520 证券简称：日发精机 编号：2025-041 浙江日发精密机械股份有限公司 原告：Airwork Ireland Limited 地址：70 Sir John Rogerson's Quay, Dublin 2, Ireland 注册号：643757 被告一：QBE Insurance (Australia) Limited（简称"QBE"） 关于下属全资子公司重大诉讼事项的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、本次诉讼事项受理的基本情况 浙江日发精密机械股份有限公司（以下简称"公司"）近日收到下属全资子 公司 Airwork Holdings Limited（以下简称"Airwork 公司"）的通知，Airwork 公司根据新西兰相关法律规定对 QBE Insurance (Australia) Limited 及 Aon NZ 向新西兰奥克兰高等法院递交了民事起诉状，经当地法院排期聆讯，该诉讼 事项近日被正式受理。 二、本次诉讼事项的基本情况 （一）诉讼当事人 地址：QBE Centre Level 21/125 Qu ...

Core Viewpoint - The company, Japan Aviation Electronics Industry, has initiated legal action against QBE Insurance and Aon NZ due to the loss of five aircraft that remain detained in Russia, stemming from geopolitical tensions that led to the termination of contracts with a Russian client [1] Group 1: Legal Action - The subsidiary Airwork has filed a lawsuit in the Auckland High Court against QBE Insurance (Australia) Limited and Aon NZ [1] - The lawsuit is a result of the failure to reach an agreement with the insurance company regarding the losses incurred from the aircraft [1] Group 2: Aircraft Detention - Airwork had signed six leasing contracts for B757-200 cargo aircraft with the Russian client Aviastar [1] - Due to geopolitical conflicts, five of these aircraft are currently detained in Russia, impacting the company's operations [1] Group 3: Financial Impact - The company has indicated that the impact of this legal action on current or future profits cannot be determined at this time [1]

Core Viewpoint - The company, 日发精机, has decided to stop providing financial support to its wholly-owned subsidiary, Machining Centers Manufacturing S.p.A (MCM), in Italy, which is facing continuous losses and liquidity issues, leading to the decision to apply for bankruptcy [2][5]. Financial Performance - MCM was acquired by 日发精机 in 2014 for €11.04 million, and the remaining shares were purchased in 2016 for €4.76 million, with the share price being 172.46% of the previous acquisition price [3]. - MCM's revenue from 2022 to 2024 was reported as ¥527 million, ¥689 million, and ¥691 million, while net losses were ¥23.45 million, ¥41.19 million, and ¥138 million respectively [3]. - 日发精机's revenue showed a declining trend during the same period, with figures of ¥2.139 billion, ¥2.083 billion, and ¥1.804 billion, while MCM's revenue as a percentage of 日发精机's total revenue increased from 24.64% to 38.3% [4]. Bankruptcy Decision - The decision to allow MCM to file for bankruptcy was made after multiple rounds of financial support failed to stabilize the subsidiary, which has been unable to repay its debts and has faced increasing operational costs [5][7]. - The company has indicated that the bankruptcy process is complex and the final financial impact will depend on the results of an audit [2]. Investment and Support History - Since the acquisition, 日发精机 has provided substantial financial support to MCM, including a planned €25 million capital increase in 2014 and subsequent investments totaling €6 million in 2016 and 2023 [6][7]. - Despite these efforts, MCM's financial situation continued to deteriorate, leading to the cessation of further financial support from 日发精机 [7]. Asset and Liability Overview - MCM's total assets from 2022 to 2024 were reported as ¥1.009 billion, ¥1.15 billion, and ¥779 million, with net assets turning negative in 2024 at -¥10.43 million [8]. - The total investment by 日发精机 in MCM amounts to €20.8 million, with debts owed to the company totaling €26.9 million, indicating a potential loss of €47.7 million if bankruptcy proceeds [8].

Group 1 - The core viewpoint of the news highlights the recent investigation by well-known private equity and investment firms into a listed company, specifically focusing on the advancements and challenges faced by the company in the high-end equipment manufacturing sector [1] - The company, Rifa Precision Machinery, has developed CNC grinding equipment for screw and nut processing, showing progress in market expansion but has not yet achieved sustained capacity release [1] - The company plans to focus on the development of high-end equipment manufacturing in the coming years, aiming to create more niche markets [1] Group 2 - The private equity firm, Beijing Heju Investment Management Co., Ltd., was established in 2009 and has managed multiple private equity products, being one of the first special members of the China Securities Investment Fund Association [2] - The investment team at Heju consists of professionals with over ten years of experience from well-known securities research and investment institutions, emphasizing a proactive management style and a steady investment approach [2] - Heju Investment has received multiple industry awards, including the "Golden Bull Award" for private equity management companies, reflecting its strong governance structure and commitment to professional investment practices [2]

Group 1: Company Overview - Zhejiang Rifa Precision Machinery Co., Ltd. is listed under stock code 002520 and is known as Rifa Precision Machinery [1] - The company has a focus on high-end equipment manufacturing and aims to develop more niche markets in the coming years [5] Group 2: Investor Relations Activity - The investor relations activity took place from June 12 to June 19, 2025, in Shanghai, Beijing, and Hangzhou [4] - Participants included representatives from various financial institutions, such as Huaxi Securities and Western Gain Fund Management [2][3] Group 3: Product Development and Market Progress - The company has made progress in the development of CNC thread grinding machines, which are used in industries like electric vehicles and humanoid robots [4] - Contracts have been signed with clients such as Best and Wuzhou Xinchun, and technical discussions are ongoing with potential clients [4] - As of now, CNC grinding equipment has been delivered to several clients, although large-scale production in downstream industries is still in early stages [4] Group 4: Future Directions and Challenges - Rifa Precision Machinery plans to focus on the technological development routes of downstream clients and prioritize product R&D in relevant fields [4] - The company is also involved in the production of bearing processing equipment for reducers, serving numerous reducer manufacturers [5] - The Airwork company's aircraft insurance claim is still under negotiation, with no consensus reached yet [5]

Core Viewpoint - The company, Zhejiang Rifa Precision Machinery Co., Ltd. (Rifa), has decided to apply for bankruptcy for its wholly-owned subsidiary, Machining Centers Manufacturing S.p.A (MCM), due to continuous losses and inability to repay debts, which is aligned with its strategy to focus on core business areas [3]. Group 1: Financial Performance - MCM has reported net losses of -23.45 million, -41.19 million, and -137 million yuan for the years 2022, 2023, and 2024 respectively, with the proportion of MCM's consolidated losses to Rifa's total losses increasing over these years [1]. - The decision to file for bankruptcy is aimed at reducing losses, alleviating burdens, and lowering future operational risks for Rifa [1]. Group 2: Strategic Focus - Rifa's main business includes the research and service of digital intelligent machine tools and aerospace intelligent equipment, with a future focus on high-end equipment manufacturing [2]. - The company has made significant advancements in core components for industries such as new energy vehicles and humanoid robots through its subsidiary, Zhejiang Rifa Precision Machine Tool Co., Ltd. [2]. - Rifa aims to enhance product quality, improve production efficiency, and accelerate product transformation to strengthen market competitiveness and brand influence [2].

Core Viewpoint - The company has decided to file for bankruptcy for its wholly-owned subsidiary, Machining Centers Manufacturing S.p.A (MCM), due to continuous losses and liquidity issues, aiming to protect the interests of the parent company and its shareholders [1][2]. Group 1: Financial Performance and Impact - MCM has been a source of losses for the company, with a net loss of 138 million RMB projected for the entire year of 2024 and a further loss of nearly 40 million RMB in the first quarter of 2025 [1]. - The net asset value of MCM turned negative in 2024, reaching -57.33 million RMB by the end of March 2025 [1]. - The bankruptcy filing is expected to improve the overall financial structure of the company by removing the loss-making asset from its balance sheet, thereby enhancing the consolidated net asset level and reducing operational burdens [2]. Group 2: Strategic Decisions and Future Outlook - The company has made significant investments in MCM over the years, attempting various strategies for business improvement, including management optimization and financial support, but these efforts have not reversed the losses [1]. - The bankruptcy application is pending formal acceptance by the Italian court, introducing a degree of uncertainty, but the company is committed to fulfilling its information disclosure obligations to protect shareholder rights [2].

证券代码：002520 证券简称：日发精机 编号：2025-039 浙江日发精密机械股份有限公司 关于意大利 MCM 公司申请破产公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 重要内容提示： 意大利MCM公司尚未向意大利当地法院提交破产申请，法院是否受理、最终 裁决均存在不确定性，敬请广大投资者关注后续公告并注意投资风险。 浙江日发精密机械股份有限公司（以下简称"公司"）于2025年6月19日召 开第八届董事会第二十六次会议及第八届监事会第二十三次会议，审议通过《关 于意大利MCM公司申请破产的议案》，鉴于下属全资子公司Machining Centers Manufacturing S.p.A（以下简称"意大利MCM公司"）因持续亏损，无法偿还到 期债务且已出现流动性不足的情形，为维护公司及公司股东的合法权益，公司董 事会同意意大利MCM公司申请破产事项，同时授权意大利MCM公司经营管理层在法 律法规允许的范围内组织实施破产相关具体事宜。现将相关情况公告如下： 一、概况 公司于2014年8月收购意大利MCM公司80%股权，并于同年完成交割。为使意 大利MC ...