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 ...

证券代码：002520 证券简称：日发精机 编号：2025-038 浙江日发精密机械股份有限公司 浙江日发精密机械股份有限公司监事会 2025年6月19日 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 开第八届监事会第二十三次会议（以下简称"会议"）。会议通知已于2025年6 月14日以电子邮件的方式向全体监事发出。本次会议采用通讯方式召开。会议由 公司监事会主席沈飞女士召集和主持，应出席监事3人，实际出席3人。本次会议 的召集、召开和表决程序符合《公司法》及《公司章程》的有关规定。经与会监 事审议，表决通过了以下议案： 审议通过《关于意大利MCM公司申请破产的议案》 表决情况：同意3票，反对0票，弃权0票； 表决结果：通过。 特此公告！ 第八届监事会第二十三次会议决议公告 本公司及监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。 ...

证券代码：002520 证券简称：日发精机 编号：2025-037 第八届董事会第二十六次会议决议公告 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。 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 召开了第八届董事会第二十六次会议（以下简称"会议"）。会议通知已于 2025 年 6 月 14 日以电子邮件方式向全体董事发出。本次会议采用通讯方式召开。由公 司董事长吴捷先生召集和主持。本次会议应到董事 7 人，实到 7 人。公司监事、 高管列席了本次会议。本次会议的召集、召开以及参与表决董事人数符合《公司 法》和《公司章程》的规定。与会董事经审议，并以记名投票的方式逐项表决以 下议案： 审议通过《关于意大利 MCM 公司申请破产的议案》。 该议案已经公司董事会战略委员会审议通过。 《关于意大利MCM公司申请破产的公告》详见《证券时报》、《证券日报》、 《上海证券报》及巨潮资讯网（www.cninfo.com.cn）。 表决情况：同意 7 票，反对 0 票，弃权 0 票； 表决结果：通过。 特此公告。 浙江日发精密机械股份有限公司 ...

Group 1 - The company Rifa Precision Machinery has been deeply engaged in the machine tool industry for many years, aiming to become a benchmark enterprise in the intelligent manufacturing field by focusing on key sectors and scaling its core business [1] - The company actively responds to the national innovation-driven development strategy by increasing investment in independent research and development, promoting key technological breakthroughs, and continuously innovating and upgrading products [1] - Rifa's CNC thread grinding machine was completed in 2023, designed for processing lead screws and nuts in industries such as new energy vehicles and humanoid robots, achieving high efficiency and precision that meets customer requirements [1] Group 2 - The company has received high praise from customers and industry experts for its competitive advantages in bearing equipment, achieving domestic leading levels in precision and performance [1] - Rifa's product range includes the DOCK series, CLOCK series, and TNK series, which cater to various precision and processing range requirements of users [1] - The company is focused on improving product details, optimizing process validation, enhancing machine tool quality, and increasing production efficiency to accelerate product transformation [1] Group 3 - The company irwork has five aircraft currently detained in Russia, and it is continuing negotiations for compensation while preparing for litigation [1]

Group 1 - Mingze Investment recently conducted research on a listed company, focusing on the machine tool industry and its long-term vision to become a benchmark enterprise in intelligent manufacturing [1] - The company emphasizes innovation and has increased investment in independent research and development, achieving competitive advantages in bearing equipment with leading precision and performance in the domestic market [1] - The newly developed CNC thread grinding machine in 2023 is designed for processing components in the electric vehicle, humanoid robot, and industrial mother machine sectors, receiving positive feedback from customers [1] Group 2 - The company produces a comprehensive range of models including DOCK, ClOCK, and TNK series, catering to various precision and processing requirements of users [1] - The company aims to focus on core business research and development, improve product details, optimize process validation, enhance machine quality, and increase production efficiency [1] - Irwork's five aircraft are currently detained in Russia, and the company is negotiating for compensation while preparing for potential litigation [1]

Group 1: Company Overview - Zhejiang Rifa Precision Machinery Co., Ltd. is focused on becoming a benchmark enterprise in the intelligent manufacturing sector, emphasizing key market segments and core business scale [6] - The company has achieved a leading market share in China's bearing manufacturing equipment sector and is recognized as a significant supplier in the global bearing industry [6] Group 2: Product Development and Market Expansion - The company completed the R&D of CNC thread grinding machines in 2023, targeting industries such as new energy vehicles and humanoid robots [6][7] - Initial market expansion has been successful, with strategic partnerships established with clients like Best and Wuzhou New Spring [7] Group 3: Operational Focus and Future Directions - The company aims to enhance product quality, improve production efficiency, and accelerate product transformation to strengthen market competitiveness and brand influence [9][10] - Continuous tracking of downstream customer technology development is prioritized to align product R&D with market needs [7] Group 4: Insurance Claim Situation - Airwork's five aircraft remain detained in Russia, with ongoing negotiations for reasonable sale prices and insurance compensation [10]