Core Viewpoint - The company is a leading high-tech enterprise in China specializing in the research, production, and sales of precision aluminum alloy components and parts, focusing on providing functional and structural solutions for various industries [2]. Company Overview - The company primarily produces components for electrical automation equipment, automotive lightweight and thermal management systems, and clean energy applications [2]. - Key products include power electronic heat sinks, precision parts for automation and medical devices, electric motor housings, battery boxes, and high-quality metal components for photovoltaic and wind power equipment [2]. Financial Data and Indicators - The company has not needed to restate previous financial data and has maintained consistent accounting practices [4]. - The company has not distributed cash dividends or bonus shares during the reporting period [1]. Important Events - The company completed its share repurchase plan, acquiring a total of 1,896,550 shares, which represents 1.14% of the total share capital, with a total expenditure of approximately 20.72 million yuan [8]. - The company is investing approximately 23.71 million yuan to establish a research and production base for lightweight components in the new energy vehicle sector, with 14.96 million yuan already invested [9]. - The company has established a wholly-owned subsidiary in Hong Kong and a joint venture in Thailand to expand its production capabilities [10]. Shareholder Changes - A significant change in control is anticipated as the controlling shareholder and actual controller will change to Huangshan Kaidao Lintian Investment Co., Ltd., following the transfer of 40,299,750 shares, representing 24.19% of the total share capital [11][12].

Core Insights - The company reported a decline in both revenue and profit for 2024, with total revenue at 622 million yuan, down 6.42% year-on-year, and net profit at 55.30 million yuan, down 26.62% year-on-year [1][4] - The decline in performance is attributed to the global macroeconomic situation and intensified market competition, particularly affecting the electric vehicle components business [4][5] Revenue and Profit Performance - In 2024, the company's total revenue was 622 million yuan, a decrease from 665 million yuan in 2023, marking a 6.42% decline [4] - Net profit and non-recurring net profit were 55.30 million yuan and 52.73 million yuan, respectively, reflecting year-on-year declines of 26.62% and 22.41% [4] - The downward trend in 2024 is more pronounced compared to 2023, where revenue, net profit, and non-recurring net profit also saw declines of 13.19%, 22.49%, and 26.27% respectively [4] Automotive Lightweight Components - The production of automotive lightweight components in 2024 was 1.51 million units, a significant drop of 82.87% from 8.84 million units in the previous year, while sales fell by 80.81% to 1.83 million units from 9.52 million units [4] - The decline in orders for electric vehicle battery box components has directly led to a substantial decrease in production and sales of lightweight components [4][5] New Energy Vehicle Components - The performance in the new energy vehicle components sector was particularly poor, with production of battery box components at 206,100 units, down 96.92% from 6.69 million units, and sales at 492,700 units, down 93.44% from 7.52 million units [5] - The reduction in orders for battery box components is identified as the main reason for the significant drop in production and sales [5][6] Research and Development Investment - The company's R&D investment in 2024 was 24.67 million yuan, a decrease of 16.15% year-on-year, with R&D expenditure accounting for 3.97% of total revenue, down 0.46 percentage points from the previous year [7] - The capitalized rate of R&D investment was 0%, indicating a reduction in the intensity of investment in technological innovation [7] - Despite ongoing development in electric automation equipment components, the company faces greater pressure in technological innovation and market expansion in the new energy vehicle components sector [7]

Core Insights - The company, Tianjin Ruixinchang Technology Co., Ltd. (hereinafter referred to as "Ruixin Technology"), reported a decline in both revenue and net profit for the year 2024, indicating challenges in its operational performance and financial health [1][22]. Financial Performance - Revenue for 2024 was 622,021,359.59 yuan, a decrease of 6.42% from 664,713,043.90 yuan in 2023, primarily due to intensified market competition and a reduction in orders from its subsidiary [2][3]. - The net profit attributable to shareholders was 55,303,186.08 yuan, down 26.62% from 75,364,640.87 yuan in the previous year, with a significant drop in profitability attributed to decreased revenue and insufficient cost control [3][4]. - Basic earnings per share fell to 0.33 yuan, a decline of 26.67% compared to 0.45 yuan in 2023, reflecting the pressure on the company's earnings capacity [4][5]. Cost Structure - Sales expenses decreased by 18.10% to 4,419,127.64 yuan, suggesting a potential adjustment in sales strategies [6]. - Management expenses increased by 7.39% to 28,843,663.27 yuan, indicating higher investments in internal management and personnel [7]. - Financial expenses turned negative at -1,895,690.48 yuan, a significant decrease of 191.59% from the previous year, mainly due to reduced loan interest and increased income from dollar deposits [8]. Research and Development - R&D expenses were 24,668,345.14 yuan, down 16.15% from the previous year, with the R&D personnel count increasing to 98, representing 14.50% of the workforce [10][11]. - Despite the decrease in R&D spending, the company continued to make progress in projects related to new energy vehicles and lightweight materials [10]. Cash Flow Analysis - The net cash flow from operating activities was 56,407,836.01 yuan, a significant decline of 64.62%, indicating weakened cash generation capabilities [12][13]. - The net cash flow from investing activities increased by 16.33% to 14,959,239.31 yuan, reflecting adjustments in investment strategies [14]. - The net cash flow from financing activities was -63,745,012.00 yuan, an improvement of 63.57% compared to the previous year, influenced by changes in dividend payments and loan repayments [15]. Risk Factors - The company faces risks related to customer concentration, with the top five customers accounting for nearly 50% of sales, which could impact revenue stability [16]. - Fluctuations in aluminum prices pose a risk, as the company relies heavily on aluminum for production, and any significant price increases could adversely affect profitability [17]. - Variability in processing fees and potential tariff impacts on export activities also represent significant risks to the company's financial performance [18][19]. Management Compensation - The total pre-tax compensation for key executives, including the chairman and general manager, was disclosed, reflecting the company's approach to executive remuneration based on performance and industry standards [20]. Summary and Recommendations - Ruixin Technology is currently facing challenges with declining revenue and net profit, alongside cash flow volatility. The company should focus on market expansion, cost optimization, and maintaining R&D efforts to enhance its competitive position [22].

证券代码：300828 证券简称：锐新科技 公告编号：2025-022 天津锐新昌科技股份有限公司 关于举办 2024 年度报告网上业绩说明会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 天津锐新昌科技股份有限公司（以下简称"公司"）《2024 年年度报告全文》 及《2024 年年度报告摘要》已于 2025 年 4 月 18 日在中国证监会指定的创业板信 息披露网站巨潮资讯网（http://www.cninfo.com.cn）上披露。 为便于广大投资者更深入、全面地了解公司情况，公司定于 2025 年 5 月 8 日 （周四）下午 15:00-17:00 在全景网举办 2024 年度业绩说明会，本次年度业绩说明 会将采用网络远程的方式举行，投资者可登陆全景网"投资者关系互动平台" （http://ir.p5w.net）参与本次年度业绩说明会。 出席本次说明会的人员有：公司董事长兼总经理国占昌先生、财务总监兼董事 会秘书王哲女士、独立董事郭宝季先生。 为充分尊重投资者、提升交流的针对性，现就公司 2024 年度业绩说明会提前 向投资者公开征集问题，广泛 ...

| 修订前 | | 修订后 | | --- | --- | --- | | 第六条 | 公司注册资本为人民币 | 公 司 注 册 资 本 为 人 民 币 第六条 | | 166,566,000 | 元。 | 166,422,000 元。 | | 第二十条 | 公司股份总数为 166,566,000 | 第二十条 公司股份总数为 166,422,000 | | 股，均为普通股，每股面值人民币 元。 1 | | 股，均为普通股，每股面值人民币 元。 1 | | 第一百五十七条 | | 第一百五十七条 | | （五）利润分配政策的决策程序和机制 | | （五）利润分配政策的决策程序和机制 | | | | | | 股东大会对利润分配具体方案进行 | | 股东大会对利润分配具体方案进行 | | 审议前，公司将通过多种渠道主动与股 | | 审议前，公司将通过多种渠道主动与股 | | 东特别是中小股东进行沟通和交流，充 | | 东特别是中小股东进行沟通和交流，充 | 证券代码：300828 证券简称：锐新科技 公告编号：2025-026 天津锐新昌科技股份有限公司 关于变更注册资本及修订《公司章程》的公告 本公司及董事会全 ...

证券代码：300828 证券简称：锐新科技 公告编号：2025-020 天津锐新昌科技股份有限公司 关于继续开展期货套期保值业务的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 天津锐新昌科技股份有限公司（以下简称"公司"）于2024年4月18日召开第六届董事 会第五次会议和第六届监事会第五次会议，审议通过了《关于继续开展期货套期保值业务的 议案》，同意公司继续以自有资金开展最高保证金金额不超过人民币2,000万元的期货套 期保值业务，2024年4月19日披露了《关于继续开展期货套期保值业务的公告》、《关于开 展套期保值业务的可行性分析报告》。 鉴于上述决议批准的有效期届满，公司于2025年4月17日召开第六届董事会第十一次会 议和第六届监事会第十一次会议，审议通过了《关于继续开展期货套期保值业务的议案》， 同意公司继续以自有资金开展最高保证金金额不超过人民币2,000万元的期货套期保值业务， 在上述范围内，资金可循环使用，业务期间为自董事会审议通过之日起一年内有效。现将具 体情况公告如下： 一、开展期货套期保值业务的目的 鉴于铝材等主要原材料占公司及 ...

证券代码：300828 证券简称：锐新科技 公告编号：2025-018 天津锐新昌科技股份有限公司 关于 2025 年度董事、监事、高级管理人员薪酬方案的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 天津锐新昌科技股份有限公司（以下简称"公司"）于 2025 年 4 月 17 日召开 第六届董事会第十一次会议，审议了《关于公司 2025 年度董事薪酬的议案》《关 于公司 2025 年度高级管理人员薪酬的议案》；同日召开的第六届监事会第十一次 会议审议了《关于公司 2025 年度监事薪酬的议案》。《关于公司 2025 年度董事薪 酬的议案》和《关于公司 2025 年度监事薪酬的议案》涉及全体董事、监事薪酬， 基于谨慎性原则，关联董事、关联监事均已回避表决，相关议案直接提交公司股东 大会审议。根据《公司章程》等相关制度，结合公司经营规模、发展水平等实际情 况并参照行业薪酬水平，经公司董事会薪酬与考核委员会提议，2025 年度公司董 事、监事和高级管理人员薪酬（津贴）绩效方案如下： 一、本方案适用对象 1、 公司董事，包括独立董事与非独立董事； 2、 公司监 ...

天津锐新昌科技股份有限公司 2025 年第一次独立董事专门会议决议 天津锐新昌科技股份有限公司（以下简称"公司"）于 2025 年 4 月 17 日在公 司会议室以现场会议方式召开 2025 年第一次独立董事专门会议。会议应出席独立 董事 2 人，实际出席独立董事 2 人，本次会议的召开符合《中华人民共和国公司 法》《公司章程》及有关法律、法规的规定，形成如下决议： 一、审议通过《关于公司 2024 年度利润分配预案的议案》 经核查，我们认为：公司利润分配预案是综合考虑了已完成 2024 年前三季度 权益分派、公司当前业务发展情况、经营发展战略及未来主营业务的发展规划， 有利于保障公司持续、稳定、健康发展，不存在损害公司及全体股东尤其中小股 东的利益的情形。我们同意公司 2024 年度利润分配预案。 表决结果：赞成 2 票；反对 0 票；弃权 0 票。 二、审议通过《关于续聘公司 2025 年度审计机构的议案》 经核查，我们认为：信永中和会计师事务所(特殊普通合伙) 具备从事上市公 司审计业务的良好的职业素质，经验丰富。承办公司财务审计业务以来，恪尽职 守，遵循独立、客观、公正的执业准则，为公司提供了高质量的 ...

天津锐新昌科技股份有限公司 未来三年（2025-2027 年）股东回报规划 为进一步完善天津锐新昌科技股份有限公司（以下简称"公司"）利润分配 政策，建立对投资者持续、稳定、科学的回报机制，保持利润分配政策的连续性 和稳定性，引导投资者树立长期投资和理性投资理念，公司根据《中华人民共和 国公司法》《上市公司监管指引第 3 号—上市公司现金分红》及《天津锐新昌科 技股份有限公司章程》（以下简称"《公司章程》"）等有关规定，结合公司的实际 情况，制定了公司《未来三年（2025-2027 年）股东回报规划》(以下简称"本 规划")，具体内容如下： 一、本规划制定考虑因素 公司制定本规划，是在综合分析行业发展趋势、公司整体战略发展规划、社 会资金成本及外部融资环境等因素的基础上，充分考虑公司目前及未来盈利规模、 现金流量状况、发展所处阶段、项目投资资金需求、银行信贷及债权融资环境等 情况，建立对投资者持续、稳定、科学的回报规划与机制，从而对利润分配做出 制度性安排，以保持利润分配政策的连续性和稳定性。 二、本规划制定原则 本规划的制定应符合相关法律法规、规范性文件和《公司章程》关于利润分 配的规定，重视对投资者的合理 ...

天津锐新昌科技股份有限公司 2024 年度监事会工作报告 报告期内，监事会本着对股东和公司负责的原则，严格依照《中华人民共和 国公司法》（以下简称"公司法"）、《中华人民共和国证券法》（以下简称"证券 法"）、《公司章程》以及《公司监事会议事规则》的相关规定，切实开展各项工 作。公司全体监事恪尽职守、勤勉尽责、积极履行监督职责，维护了公司及股东 权益。现将 2024 年度公司监事会工作情况报告如下： 一、2024 年度公司监事会工作情况 报告期内，公司监事会共召开了 8 次监事会会议，具体内容如下： | 序号 | | 时间 | | 会议名称 | 审议事项 | | --- | --- | --- | --- | --- | --- | | | 2024 | 年 | 2 月 | 第六届监 | | | 1 | | | | 事会第三 | 1、《关于回购公司股份方案的议案》。 | | | 19 日 | | | | | | | | | | 次会议 | | | | 2024 | 年 | 3 月 | 第六届监 | 1、《关于公司<2022 年限制性股票激励计划（修订 | | 2 | | | | 事会第四 | | | | 6 ...