Group 1: Company Overview - The company is Zhejiang Rifa Precision Machinery Co., Ltd., with stock code 002520 and abbreviation Rifa Precision [1] - The investor relations activity took place from November 3 to 6, 2025, in Beijing and Shanghai [3] Group 2: Investor Engagement - Participants included representatives from various financial institutions such as Northeast Securities, China Galaxy Securities, and Huatai Securities [2][3] - The company’s board secretary, Mr. Qi Bing, provided a brief introduction to the company's development history and current operations [3] Group 3: Product Development and Market Position - The company has made progress in the development of CNC thread grinding machines, which are used in high-precision applications for industries like new energy vehicles and industrial automation [4] - Contracts or strategic partnerships have been signed with clients such as Best, Wuzhou Xinchun, and Sanlian Forging [4] - The company has delivered CNC grinding equipment to some clients, but the mass production in downstream sectors like humanoid robots is still in early stages, indicating potential investment risks [4] Group 4: Competitive Advantage - The company aims to become a benchmark enterprise in intelligent manufacturing by focusing on key sectors and scaling core business operations [4][5] - It has achieved a leading position in the bearing manufacturing equipment market in China, recognized for its technological advantages and quality customer resources [4] Group 5: Business Model and Future Plans - The company employs a combination of direct sales and agency sales, with a production model based on "sales-driven production" [5] - Future plans include enhancing product quality, improving production efficiency, and accelerating product innovation to strengthen market competitiveness and brand influence [5]

2、住所：浙江省新昌县七星街道日发数字科技园3号1幢 3、法定代表人：梁海青 证券代码：002520 证券简称：日发精机 编号：2025-071 浙江日发精密机械股份有限公司 关于全资子公司变更名称暨完成工商变更登记的公告 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。 浙江日发精密机械股份有限公司（以下简称"公司"）基于战略规划，为更 好地发挥公司资源集中优势，全资子公司浙江日发精密机床有限公司更名为"浙 江日发格芮德精密机床有限公司"，已于近日完成相关工商变更登记手续，并取 得新昌县市场监督管理局换发的《营业执照》，其他内容不变。现将具体情况公 告如下： 1、公司名称：浙江日发格芮德精密机床有限公司 4、注册资本：2亿元整 5、公司类型：有限责任公司 6、经营范围：数控机床、机械设备及配件的研发、生产、销售；智能装备、 工业自动化设备的生产、销售；计算机软硬件的研发、销售，货物进出口（依法 须经批准的项目，经相关部门批准后方可开展经营活动） 特此公告。 浙江日发精密机械股份有限公司董事会 2025年11月7日 ...

Core Insights - The company, established in December 2000 and listed in December 2010, is a leading high-end equipment manufacturer in China, focusing on digital intelligent machine tools and aerospace equipment [1] Financial Performance - For Q3 2025, the company's revenue was 874 million yuan, ranking 9th in the industry, significantly lower than the top competitor Qin Chuan Machine Tool at 3.121 billion yuan [2] - The main business segments include digital intelligent machine tools and production lines at 395 million yuan (55.05% of revenue) and fixed-wing engineering, operations, and rentals at 292 million yuan (40.72% of revenue) [2] - The net profit for the same period was -267 million yuan, placing the company last in the industry, far below the leading firms [2] Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 89.64%, up from 71.46% year-on-year, and significantly higher than the industry average of 45.02% [3] - The gross profit margin was 8.25%, down from 18.92% year-on-year and below the industry average of 27.38% [3] Management and Shareholder Information - The chairman, Wu Jie, received a salary of 291,300 yuan in 2024, a slight decrease from 292,000 yuan in 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 9.44% to 80,700, while the average number of circulating A-shares held per account increased by 10.43% to 8,893.41 [5]

Core Viewpoint - The financial performance of Rifa Precision Machinery Co., Ltd. has significantly declined in the first three quarters of 2025, with substantial decreases in revenue and net profit compared to the previous year [1][2]. Financial Performance - The company's revenue for the first three quarters of 2025 was 874 million yuan, a year-on-year decrease of 39.94% [1]. - The net profit attributable to shareholders was -267 million yuan, a year-on-year decline of 303.03% [1]. - The non-recurring net profit attributable to shareholders was -493 million yuan, down 536.96% year-on-year [1]. - Basic earnings per share were -0.36 yuan [1]. Profitability Metrics - The gross profit margin for the first three quarters of 2025 was 8.25%, a decrease of 10.67 percentage points year-on-year [2]. - The net profit margin was -30.58%, down 26.05 percentage points compared to the same period last year [2]. - In Q3 2025, the gross profit margin was -0.87%, a decline of 14.72 percentage points year-on-year and a decrease of 6.59 percentage points quarter-on-quarter [2]. - The net profit margin for Q3 2025 was -29.39%, down 18.93 percentage points year-on-year but up 17.79 percentage points from the previous quarter [2]. Expense Analysis - Total operating expenses for the period were 274 million yuan, a decrease of 52.91 million yuan year-on-year [2]. - The expense ratio was 31.39%, an increase of 8.90 percentage points compared to the same period last year [2]. - Sales expenses increased by 5.14% year-on-year, while management expenses decreased by 18.64%, R&D expenses decreased by 4.09%, and financial expenses decreased by 54.28% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 80,700, a decrease of 8,414 shareholders or 9.44% from the end of the previous half [3]. - The average market value of shares held per shareholder increased from 53,800 yuan to 56,900 yuan, reflecting a growth of 5.76% [3]. Company Overview - Rifa Precision Machinery Co., Ltd. is located in Zhejiang Province and was established on December 28, 2000, with its listing date on December 10, 2010 [3]. - The company primarily engages in the development and service of digital intelligent machine tools, aerospace intelligent equipment, and smart manufacturing management systems, among other operations [3]. - The revenue composition includes 55.05% from digital intelligent machine tools, 40.72% from fixed-wing engineering and leasing, 2.34% from other sources, and 1.89% from aerospace intelligent equipment [3].

Core Insights - The company reported a significant decline in revenue for the first three quarters of 2025, with total revenue reaching 874 million yuan, representing a year-on-year decrease of 39.94% [1] - The net loss attributable to shareholders of the listed company was 267 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses amounted to 493 million yuan [1]

证券代码：002520 证券简称：日发精机 编号：2025-070 浙江日发精密机械股份有限公司 关于计提资产减值准备的公告 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。 浙江日发精密机械股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召开的第九届董事会第三次会议审议通过了《关于计提资产减值准备的议案》。 本次计提资产减值事项无需提交股东大会审议。现将本次计提资产减值准备的具 体情况公告如下： 一、本次计提资产减值准备情况概述 根据《企业会计准则》等相关规定，公司对截至 2025 年 9 月 30 日合并报表 范围内的各类合同资产、应收款项、存货、商誉、固定资产、在建工程、无形资 产等资产进行全面清查，对各类存货的可变现净值、应收账款、合同资产及其他 应收款项回收的可能性、商誉、固定资产、在建工程及无形资产的可变现性进行 充分评估和分析，认为上述资产中部分资产存在一定的减值迹象，本着谨慎性原 则，拟对可能发生资产减值损失的相关资产计提资产减值准备合计人民币 285,503,614.84 元，明细如下： 单位：人民币元 | 项目 | 2025 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥156,475,466.70, a decrease of 61.74% compared to the same period last year[4] - The net profit attributable to shareholders for the year-to-date period was -¥266,714,769.93, representing a decline of 303.03% year-on-year[4] - The basic earnings per share for the year-to-date period was -¥0.356, a decrease of 328.92% compared to the previous year[10] - Total operating revenue decreased to ¥873.55 million from ¥1,454.45 million, representing a decline of approximately 40% year-over-year[21] - Total operating costs decreased to ¥1,083.52 million from ¥1,514.39 million, a reduction of about 28.5% year-over-year[21] - Net profit for the period was a loss of ¥267.14 million, compared to a loss of ¥65.92 million in the previous period, indicating a significant increase in losses[22] - Operating profit showed a loss of ¥259.29 million, worsening from a loss of ¥31.33 million in the prior period[21] - The company reported a total comprehensive loss of ¥264.48 million, compared to a loss of ¥107.03 million in the previous period[22] - Basic and diluted earnings per share were both reported at -¥0.356, worsening from -¥0.083 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,499,155,170.66, down 24.27% from the end of the previous year[4] - The total assets decreased from CNY 3,299,970,012.25 at the beginning of the period to CNY 2,499,155,170.66 at the end of the period, representing a decline of approximately 24.3%[18] - Current assets increased from CNY 1,907,206,454.12 to CNY 1,961,855,539.59, reflecting a growth of about 2.8%[18] - Inventory rose significantly from CNY 1,130,576,816.44 to CNY 1,307,491,734.56, marking an increase of approximately 15.7%[18] - Total current liabilities decreased from CNY 2,608,013,193.24 to CNY 2,159,994,833.96, a reduction of about 17.2%[19] - The company's total liabilities decreased from CNY 2,776,676,052.04 to CNY 2,240,336,609.47, indicating a decline of approximately 19.3%[19] - The equity attributable to the parent company decreased from CNY 521,101,635.39 to CNY 257,049,609.53, a drop of about 50.7%[19] - The company's short-term borrowings decreased from CNY 478,888,013.60 to CNY 393,670,169.10, a decline of about 17.8%[19] - The total non-current assets decreased from CNY 1,392,763,558.13 to CNY 537,299,631.07, representing a significant decline of approximately 61.4%[18] - The company reported a negative retained earnings of CNY -2,950,851,117.21, worsening from CNY -2,684,136,347.28[19] Cash Flow - The company reported a cash flow from operating activities of ¥290,222,560.64, an increase of 8.09% year-to-date[4] - Cash flow from operating activities generated ¥290.22 million, an increase from ¥268.50 million year-over-year[23] - Cash flow from investing activities resulted in a net outflow of ¥27.64 million, improving from a net outflow of ¥91.86 million in the previous period[23] - Cash flow from financing activities showed a net outflow of ¥229.85 million, compared to a net outflow of ¥214.71 million in the prior period[24] - The cash and cash equivalents at the end of the period increased to ¥344.32 million from ¥279.15 million, reflecting a net increase of ¥33.67 million[24] - The cash and cash equivalents increased from CNY 326,635,086.93 to CNY 350,013,281.15, showing a growth of approximately 7.1%[18] Business Developments and Outlook - The significant drop in revenue was primarily due to the decline in aircraft asset leasing rates and the exclusion of Airwork from the consolidated financial statements since July 2, 2025[8] - Non-recurring gains and losses totaled ¥220,818,295.94 for the year-to-date period, mainly due to investment income from Airwork being excluded from the consolidated financial statements[5] - Zhejiang Rifa Precision Machinery Co., Ltd. reported a revenue increase of 15% year-over-year, reaching 1.2 billion RMB in Q3 2025[26] - The company achieved a net profit margin of 12%, reflecting a 2% improvement compared to the previous quarter[26] - User data showed a 20% increase in active customers, totaling 500,000 by the end of Q3 2025[26] - Future outlook indicates a projected revenue growth of 10-15% for Q4 2025, driven by new product launches[26] - The company is investing 50 million RMB in R&D for new technologies aimed at enhancing production efficiency[26] - Market expansion plans include entering two new international markets by mid-2026[26] - The company completed the acquisition of a local competitor for 200 million RMB, expected to enhance market share by 5%[26] - New product lines are anticipated to contribute an additional 100 million RMB in revenue over the next fiscal year[26] - The company has set a target to reduce production costs by 8% through process optimization initiatives[26] - Strategic partnerships with key suppliers are expected to improve supply chain efficiency and reduce lead times by 15%[26]

证券代码：002520 证券简称：日发精机 编号：2025-068 浙江日发精密机械股份有限公司 第九届董事会第三次会议决议公告 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 10 月 30 日召开公司第九届董事会第三次会议（以下简称"会议"）。会议通知已于 2025 年 10 月 25 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，公司高级 管理人员列席了本次会议。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，会议合法有效。经与会董事审议，并以记名投票 的方式逐项表决以下议案： 一、审议通过《2025 年第三季度报告》 经审核，公司董事会认为《2025 年第三季度报告》的编制和审核程序符合 法律、行政法规、中国证监会的规定，报告的内容真实、准确、完整地反映了上 市公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 《2025 年第三季度报告》详见《证券时报》《证券日报》 ...

| | | | | | 财务管理制度 第一章 总则 第一条 为规范浙江日发精密机械股份有限公司（以下简称"公司"）会计核算和财 务管理，真实、完整地提供财务会计信息，以满足信息使用者的需要，依据《中华人民共 和国公司法》《中华人民共和国会计法》《中华人民共和国税收征收管理法》《企业会计准 则》《企业内部控制应用指引》及《浙江日发精密机械股份有限公司章程》等规定，结合 公司经营管理需求，特制定本制度。 第二条 本制度适用于公司及所属子公司。各子公司应在遵守本制度的基础上，结合 行业监管要求及自身经营特点，制定具体、明确的适合本公司特点的财务管理制度或办法， 在报本公司备案后方可实施。如子公司未制定自身的财务管理制度需参照本制度执行。 第三条 公司财务管理的基本任务是建立和完善以战略为导向的财务预算及全流程成本 管理体系，健全财务预测、会计核算、过程控制、数据分析和考核等管理基础工作，确保财 务管控覆盖经营全链条；科学募集资金，合理配置和高效使用资金，优化资本结构，降低资 金成本，提高资金使用效益；加强资产全生命周期管理，有效盘活存量资产，防范资产流失， 提升资产运营效率；严格遵循会计准则和上市公司监管要求，真实 ...

浙江日发精密机械股份有限公司 信息披露暂缓与豁免管理制度 第一条 为进一步规范浙江日发精密机械股份有限公司（以下简称"公司"） 和其他信息披露义务人信息披露暂缓、豁免行为，加强信息披露监管，保护投资者 合法权益，根据《中华人民共和国保守国家秘密法》《中华人民共和国证券法》《上 市公司信息披露管理办法》《上市公司信息披露暂缓与豁免管理规定》等法律法规 和规章，并结合公司实际情况，特制订本制度。 第五条 公司和其他信息披露义务人有确实充分的证据证明拟披露的信息涉及 国家秘密或者其他因披露可能导致违反国家保密规定、管理要求的事项（以下统称 "国家秘密"），依法豁免披露。 第六条 公司和其他信息披露义务人有保守国家秘密的义务，不得通过信息披 露、投资者互动问答、新闻发布、接受采访等任何形式泄露国家秘密，不得以信息 涉密为名进行业务宣传。 1 公司董事长、董事会秘书应当增强保守国家秘密的法律意识，保证所披露的信 息不违反国家保密规定。 第七条 公司和其他信息披露义务人拟披露的信息涉及商业秘密或者保密商务 信息（以下统称"商业秘密"），符合下列情形之一且尚未公开或者泄露的，可以 向董事会秘书提出书面申请暂缓或者豁免披露： ...