Financial Performance - The company's revenue for Q1 2025 was ¥140,357,129.06, a decrease of 0.82% compared to ¥141,520,508.83 in the same period last year[4] - Net profit attributable to shareholders was ¥11,585,798.19, down 11.96% from ¥13,159,121.51 year-on-year[4] - Basic and diluted earnings per share decreased by 12.50%, from ¥0.08 to ¥0.07[4] - Total operating revenue for Q1 2025 was CNY 140,357,129.06, a decrease of 0.82% from CNY 141,520,508.83 in the previous period[23] - Net profit for Q1 2025 was CNY 11,585,798.19, a decrease of 12% compared to CNY 13,159,121.51 in the same period last year[24] - The total comprehensive income for the period was CNY 11,586,835.06, a decrease from CNY 13,159,121.51 in the previous period, representing a decline of approximately 12%[25] Cash Flow and Liquidity - The net cash flow from operating activities significantly dropped by 85.12%, from ¥40,582,832.94 to ¥6,037,153.44[4] - Cash inflow from operating activities totaled CNY 150,458,626.89, compared to CNY 161,233,589.08 in the previous period, reflecting a decrease of about 6.5%[26] - The net cash flow from operating activities was CNY 6,037,153.44, significantly lower than CNY 40,582,832.94 in the previous period, indicating a decline of approximately 85%[26] - Cash inflow from investment activities was CNY 162,246,741.93, up from CNY 85,034,528.18 in the previous period, representing an increase of about 91%[27] - The net cash flow from investment activities was CNY 50,296,331.35, compared to CNY 9,540,376.04 in the previous period, showing an increase of approximately 426%[27] - Cash inflow from financing activities was CNY 30,182,087.82, compared to CNY 10,000,000.00 in the previous period, reflecting an increase of 201.8%[27] - The net cash flow from financing activities was -CNY 19,551,836.67, a decrease from CNY 2,206,802.91 in the previous period, indicating a negative shift[27] - The ending balance of cash and cash equivalents was CNY 78,961,265.06, down from CNY 86,199,212.42 in the previous period, a decrease of approximately 8.6%[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥845,864,256.62, a decline of 0.95% from ¥853,975,040.05 at the end of the previous year[4] - Total liabilities increased to CNY 83,728,869.31 from CNY 53,890,787.80, an increase of 55.5%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,322[10] - The company plans to distribute a cash dividend of RMB 3 per 10 shares, totaling RMB 49,535,700 (including tax) based on a total share capital of 165,119,000 shares after deducting repurchased shares[15] - The company completed a share repurchase plan, acquiring a total of 1,896,550 shares, representing 1.14% of the total share capital, with a total expenditure of RMB 20,720,755 (excluding transaction fees)[16] - The controlling shareholder and actual controller signed a share transfer agreement to transfer 40,299,750 shares, accounting for 24.19% of the total share capital, to Huangshan Kaitou Lingdun Venture Capital Co., Ltd[18] - After the share transfer, the controlling shareholder will change to Huangshan Kaitou Lingdun, and the actual controller will change to the State-owned Assets Supervision and Administration Commission of Huangshan City[18] - The top 10 shareholders include Guojia with 24,945,000 shares (15.00%), Guozhan Chang with 13,734,750 shares (8.23%), and Shanghai Guoshi Investment Partnership with 12,617,100 shares (7.58%)[11] - The company has a total of 1,447,000 shares held in a repurchase special securities account, accounting for 0.87% of the total share capital[11] Operational Insights - The company reported a 131.52% increase in notes receivable, rising from ¥12,371,534.07 to ¥28,642,886.34[8] - The company’s financial expenses increased significantly, showing a -183.79% change due to foreign exchange losses[9] - Investment income decreased by 70.33%, from ¥535,110.63 to ¥158,741.93, primarily due to reduced bank wealth management returns[9] - The company received government subsidies amounting to ¥399,720.48, contributing to an increase in other operating income by 1119.51%[9] - The company has implemented a stock incentive plan, with 572,710 shares subject to lock-up, which will gradually be released according to specific conditions[14] - The company will actively research profit distribution plans based on profit distribution policies and actual operating conditions to better reward investors[15] - The company is committed to sharing operational development results with investors through active equity distribution[15] - The company plans to focus on market expansion and new product development in the upcoming quarters[20] - The company reported a decrease in research and development expenses to CNY 5,913,083.27 from CNY 6,701,251.43, a reduction of 11.8%[24] Audit Information - The company did not undergo an audit for the first quarter report[28]

锐新科技（300828）公告，2025年第一季度营收为1.4亿元，同比下降0.82%；净利润为1158.58万元， 同比下降11.96%。 ...

Core Insights - Rui Xin Technology (300828.SZ) reported a revenue of 622.02 million yuan and a net profit attributable to shareholders of 55.30 million yuan for the year 2024, demonstrating resilience in a complex economic environment [1][2] Financial Performance - The company achieved a revenue of 622.02 million yuan in 2024, with a net profit of 55.30 million yuan and a net profit excluding non-recurring gains and losses of 52.73 million yuan [1] - Revenue from electrical automation equipment components reached 313.37 million yuan, while revenue from automotive lightweight and thermal management sectors amounted to 167.48 million yuan [1] Product Development and Innovation - Rui Xin Technology launched new products in the electrical automation sector, including a half-insert heat sink and high-purity oxygen-free copper heat sinks, enhancing product value and production efficiency [1][2] - The company holds a total of 85 patents, including 17 invention patents, with most patents applied in actual production [2] Global Expansion - To support overseas business growth, Rui Xin Technology established a wholly-owned subsidiary in Hong Kong and invested in a production base in Thailand, aiming to expand its international market presence [2] - The favorable trade environment and tax policies in Thailand are expected to mitigate potential trade friction risks [2] Future Outlook - Rui Xin Technology aims to enhance its innovation capabilities and product structure while focusing on customer-centric principles, aspiring to become a globally recognized enterprise in thermal exchange systems and new material solutions [2]

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：2025-018 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 ...

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 ...