Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company reported a strong performance in H1 2025, with revenue of 1.66 billion yuan, up 48% year-on-year, and a net profit of 230 million yuan, up 40% year-on-year. Q2 2025 saw revenue of 920 million yuan, up 49% year-on-year and 23% quarter-on-quarter, with a net profit of 130 million yuan, up 51% year-on-year and 33% quarter-on-quarter [1][2] - The growth is attributed to the release of component production capacity and a robust order book in the mold business. The domestic sales of new energy vehicles reached 2.95 million units in Q2 2025, a 26% increase quarter-on-quarter, driving the company's automotive parts revenue to 440 million yuan, a 70% increase year-on-year [1] - The company has established a wholly-owned subsidiary focused on industrial and intelligent robotics, aiming to tap into the growing robotics market and create new growth momentum [3] Financial Performance - For H1 2025, the company achieved a gross margin of 25.7%, a year-on-year increase of 1.6 percentage points, and a net profit margin of 15.7%, a slight decrease of 0.5 percentage points. In Q2 2025, the gross margin improved to 26.4%, up 1.9 percentage points year-on-year and 1.4 percentage points quarter-on-quarter [2] - The company has successfully reduced its expense ratio to 8.3% in H1 2025, down 2.6 percentage points year-on-year, indicating effective cost control measures [2] - The financial forecast estimates net profits of 450 million yuan, 580 million yuan, and 730 million yuan for 2025, 2026, and 2027 respectively, with corresponding P/E ratios of 19, 14, and 12 [3][4]

Group 1 - The company's stock price fluctuations are influenced by multiple factors [1] - The company emphasizes the importance of shareholder returns and is committed to effective market value management [1] - The company has business interactions with several domestic and international automotive enterprises [1]

Core Viewpoint - 瑞鹄模具 has not established any cooperation with 奇瑞 in the field of humanoid robots as of September 3 [2] Company Summary - 瑞鹄模具 responded to investor inquiries on an interactive platform regarding potential collaboration with 奇瑞 [2]

Core Viewpoint - The company Ruihu Mould (002997.SZ) has confirmed that it is not currently involved in any collaboration with Chery regarding the development or supply of components for humanoid robots [2] Company Summary - Ruihu Mould responded to an investor inquiry on September 3, stating that there is no existing partnership with Chery in the humanoid robot sector [2]

Group 1 - The company acknowledges that its stock price fluctuations are influenced by multiple factors [2] - The company emphasizes its commitment to shareholder returns and effective market value management [2]

Group 1 - The company, Ruihu Mould (002997), stated on August 22 that changing its name requires following relevant review and approval processes [1] - The company will disclose any name change plans in accordance with regulations if they arise [1]

Core Viewpoint - The company, Ruihu Mould (002997), is experiencing fluctuations in stock performance and is addressing investor inquiries regarding potential business developments and market conditions [2]. Group 1: Stock Performance - As of August 20, 2025, Ruihu Mould's stock closed at 42.17 yuan, reflecting a 1.01% increase with a turnover rate of 3.21% and a trading volume of 67,200 shares, resulting in a transaction value of 282 million yuan [1]. - On the same day, the net outflow of funds from major investors was 7.64 million yuan, while retail investors saw a net inflow of 15.01 million yuan [2]. Group 2: Investor Inquiries and Company Responses - The company’s secretary addressed inquiries about the potential for a reverse merger with Legend Rui and the impact of increased sales orders from Huawei's new models and Chery's new vehicle on business growth [2]. - The company confirmed that it adheres to disclosure regulations and does not have any undisclosed significant matters, attributing stock price fluctuations to multiple factors while emphasizing its commitment to shareholder returns and market value management [2].

Core Viewpoint - The company has provided a joint liability guarantee for its subsidiary, Wuhu Ruihu Haobo Mould Co., Ltd., in relation to a series of contracts with China CITIC Bank, with a maximum guarantee amount of RMB 5.1 million [1] Group 1 - The guarantee period is set from August 19, 2025, to June 10, 2026, and will last for three years after the main contract's debt fulfillment period expires [1] - As of the announcement date, the total external guarantee balance for the company and its subsidiaries is RMB 262.1 million, all of which are guarantees for subsidiaries [1] - The amount of the guarantee represents 12.11% of the latest audited net assets attributable to the shareholders of the listed company [1]

证券代码：002997 证券简称：瑞鹄模具 公告编号：2025-053 瑞鹄汽车模具股份有限公司 关于为控股子公司提供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保情况概述 （一）本次担保基本情况 瑞鹄汽车模具股份有限公司（以下简称"公司"）与中信银行股份有限公司 芜湖分行（以下简称"中信银行"）签署了《最高额保证合同》，公司为控股子公 司芜湖瑞鹄浩博模具有限公司（以下简称"瑞鹄浩博"）与中信银行在 2025 年 8 月 19 日至 2026 年 6 月 10 日期间所签署的形成债权债务关系的一系列合同、协 议以及其他法律文件提供连带责任保证担保，保证期间为主合同项下债务履行期 限届满之日起三年。前述担保最高额人民币 510 万元。 510 万元的连带责任保证担保，保证期间为主合同项下债务履行期限届满之日起 三年。 二、被担保人基本情况 （二）担保审议情况 公司分别于 2024 年 12 月 21 日召开的第三届董事会第二十四次会议、2025 年 1 月 8 日召开的 2025 年第一次临时股东大会审议通过了《关于公司及控股子 公司 20 ...

Group 1 - The company and its subsidiaries have a total external guarantee balance of approximately 262 million yuan, all of which are guarantees for its subsidiaries [1] - In the first half of 2025, the revenue composition of Ruihu Mould includes: 71.15% from the specialized equipment manufacturing industry, 26.33% from the automotive parts and accessories manufacturing industry, and 2.52% from other businesses [1] - Ruihu Mould announced that it signed a maximum guarantee contract with CITIC Bank Wuhu Branch, providing joint liability guarantee for its subsidiary Wuhu Ruihu Haobo Mould Co., Ltd. for a series of contracts and agreements with a maximum guarantee amount of 5.1 million yuan [3]