Core Viewpoint - As of August 29, 2025, the number of shareholders for Ruide Intelligent is reported to be 12,275 [2] Company Summary - Ruide Intelligent responded to investor inquiries on September 8, indicating the current number of shareholders [2]

| 交易日 | 融资净买入(元) | | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | --- | | 2025-09-04 | | 174.12万 | 1.19亿 | 7.37% | | 2025-09-03 | | 47.56万 | 1.17亿 | 7.40% | | 2025-09-02 | | 457.47万 | 1.17亿 | 7.11% | | 2025-09-01 | | 127.15万 | 1.12亿 | 6.75% | | 2025-08-29 | | -1376.39万 | 1.11亿 | 6.68% | 融券方面，当日无融券交易。 证券之星消息，9月4日，瑞德智能（301135）融资买入1843.46万元，融资偿还1669.35万元，融资净买 入174.12万元，融资余额1.19亿元，近3个交易日已连续净买入累计679.15万元。 | 交易日 | 两融余额(元) | 余额变动(元) | 变动幅度 | | --- | --- | --- | --- | | 2025-09-04 | 1.19亿 | 174.12万 | 1.49% | | 2025 ...

Summary of the Conference Call for 瑞德智能 (RuiDe Intelligent) Company Overview - 瑞德智能 was established in 1997 and is a well-known smart controller solution provider in China, headquartered in Shunde, Guangdong. The company focuses on various smart controllers for home appliances and is expanding into new growth areas including electric motors, automotive electronics, and digital energy [3][4][5]. Financial Performance - In the first half of 2025, the company reported a revenue growth of 18.12% to nearly 700 million RMB, with a non-net profit growth of 129.76% and cash flow growth of 162%. This performance is attributed to business structure optimization and improved internal management efficiency [4][7][17]. - The traditional home appliance controller business generated 500 million RMB in revenue, growing 9.5% year-on-year, despite a challenging macroeconomic environment [22]. Key Business Segments Traditional Home Appliance Controllers - The traditional business remains stable, with significant contributions from overseas market expansion and downstream manufacturers' strategies [2][22]. - The company aims to enhance profit margins and product value through continuous R&D investment and digital transformation [22]. Automotive Electronics - Revenue from automotive electronics reached 160 million RMB, a 49% increase year-on-year, with the entire automotive electronics segment growing by 150% [2][7]. - The automotive electronics segment is expected to be a major growth driver due to the explosive growth of the electric vehicle market [26]. Digital Energy and Electric Motors - The company is actively developing products in the electric motor sector, including controllers for vacuum cleaners and other electric appliances, and is focusing on portable energy storage systems [11][23]. - Key clients in this segment include leading domestic brands [11][12]. Pet Technology and Healthcare - In the pet technology sector, over 10 million controllers were shipped in the first half of the year, with projects like smart pet villas and air conditioners in development [13]. - In healthcare, the company has launched products like oxygen machines and medical refrigerators, with plans for further innovations in home health management solutions [13]. Robotics - The company has made significant progress in service robots, with nearly 5 million units shipped in the first half of the year and an expected total order volume of around 20 million units for the year [14]. Production Capacity and Global Expansion - The new production base in Zhejiang has been operational, increasing capacity by over 50%. The Vietnam base achieved profitability in Q2 and is expected to account for 10% of total revenue by year-end [2][8][15][25]. - The company is actively seeking new locations for expansion in Vietnam and other regions to meet increasing demand [16][25]. Future Development Goals - The company has set a mid-term target to achieve a sales scale of 3 to 5 billion RMB within five years, with a specific target of 1.8 to 2 billion RMB for 2025 [4][17]. - The strategic focus includes innovation-driven growth, structural upgrades, digital integration, and global expansion [26]. Client Relationships and Market Position - 瑞德智能 has established long-term partnerships with leading companies such as Supor, Haier, and Xiaomi, enhancing its market competitiveness [10][21]. - The company is continuously optimizing its client structure and expanding its customer base to include new industry leaders [20][21]. Conclusion - 瑞德智能 is positioned for robust growth across multiple sectors, leveraging its technological advantages and strategic partnerships. The focus on innovation and global expansion is expected to drive future performance and market share.

Group 1 - The core viewpoint of the news is that 瑞德智能 (Ruide Intelligent) is actively engaging with investors and has reported its revenue composition for the first half of 2025, indicating a focus on smart controllers [1][2]. - 瑞德智能's revenue for the first half of 2025 is entirely derived from smart controllers, with a 100% contribution to its total revenue [2]. - As of the latest report, 瑞德智能 has a market capitalization of 3 billion yuan [3]. Group 2 - 瑞德智能's chairman and general manager, 汪军, participated in an investor meeting organized by 长江证券资产管理有限公司, highlighting the company's commitment to transparency and investor relations [1].

Core Viewpoint - Guangdong Ruid Intelligent Technology Co., Ltd. has shown significant growth in its performance for the first half of 2025, driven by various strategic initiatives and a robust market demand for smart control devices [2][5]. Group 1: Performance Overview - In the first half of 2025, the company achieved an operating income of 695.33 million yuan, representing a year-on-year increase of 18.12% [2]. - The net profit attributable to shareholders reached 16.20 million yuan, up 11.94% year-on-year [2]. - The net profit after deducting non-recurring gains and losses surged by 129.76% to 15.61 million yuan [2]. - The net cash flow from operating activities significantly increased by 162.73% to 77.17 million yuan [2]. Group 2: Capacity Layout and Overseas Expansion - The company has established a three-pole capacity layout in the "Pearl River Delta - Yangtze River Delta - Southeast Asia" regions, with R&D and production bases in Shunde, Anhui, Zhejiang, and Dong Nai, Vietnam [3]. - To meet customer demand in East China, the company completed the relocation of its Zhejiang Shaoxing production base, which commenced full production in July with a capacity increase of over 50% [3]. - The production capacity at the Dong Nai base in Vietnam is currently saturated, and plans for expansion are underway [3]. Group 3: Investment and Acquisition Plans - The company has incorporated "industrial investment and capital synergy" into its long-term planning, focusing on related segments of the smart controller industry [4]. - It aims to identify target companies in core technology areas for equity participation or technical cooperation to address technological gaps [4]. - The company is also looking at strategic exploration businesses with advantages in end-user scenarios, customer resources, or supply chains, planning to accelerate industrialization through mergers or joint ventures [4]. Group 4: Full-Year Performance Outlook - The company maintains an optimistic outlook for the second half of the year, driven by seasonal demand, health and comfort living needs, smart upgrades, energy efficiency policies, and stable customer collaborations [5]. - Despite uncertainties in the macro environment, the inventory levels of major customers are healthy, and demand for essential products remains stable [5]. - With the arrival of the autumn and winter seasons, demand for environmental home appliances is expected to rise, and consumer focus on health and comfort products is increasing, supporting a positive growth trajectory for the year [5].

Financial Performance - In the first half of 2025, the company achieved a revenue of 69,532.98 million yuan, representing a year-on-year growth of 18.12% [1] - The net profit attributable to shareholders was 1,619.60 million yuan, with a year-on-year increase of 11.94% [1] - The net profit after deducting non-recurring gains and losses reached 1,561.06 million yuan, showing a significant growth of 129.76% year-on-year [1] - The net cash flow from operating activities increased by 162.73% year-on-year [1] Business Development Strategies - The company focuses on the smart control device sector, optimizing its business structure and expanding into emerging markets [2] - Continuous investment in core technology research and product innovation is emphasized, with a strategic partnership with multiple universities to foster an innovation ecosystem [2] - Implementation of the "733 Project" aims to enhance operational efficiency through digitalization and smart investments [2] - Lean manufacturing practices are being deepened to reduce costs and enhance competitive barriers [2] Capacity and Global Expansion - The company has established four R&D and production bases in Guangdong, Anhui, Zhejiang, and Vietnam, with a capacity increase of over 50% following the relocation of the Zhejiang base [2] - The Vietnam base is entering a rapid capacity release phase, with plans for further international market expansion [2] Mergers and Acquisitions - The company is exploring mergers and acquisitions as a means to optimize asset structure and enhance core competitiveness [3] - Focus areas for potential acquisitions include electric motors, automotive electronics, AI algorithms, and IoT communications [3] - The strategy includes assessing targets with strong technology barriers and established market presence to accelerate the transition from technology reserves to industrialization [3] Market Outlook - The company maintains an optimistic outlook for the second half of 2025, driven by seasonal demand and a stable inventory level among major clients [4] - Anticipated growth in demand for environmental appliances such as heaters, humidifiers, and air purifiers is expected to boost sales [4] - The increasing focus on energy efficiency and smart home appliances aligns with the company's product offerings and market trends [4]

公司后续将依据市场情况在回购期限内推进回购方案，并按规定及时履行信息披露义务，提醒投资者注 意投资风险。 登录新浪财经APP 搜索【信披】查看更多考评等级 广东瑞德智能科技股份有限公司在回购股份方面有新进展。公司于2025年4月8日、4月29日分别召开相 关会议，通过回购公司股份方案，拟使用自有资金和自筹资金（股票回购专项贷款），以不低于2500万 元且不超过5000万元（均含本数），回购价格不超过42.00元/股（含本数），通过集中竞价交易方式回 购A股股票用于减少注册资本，回购期限自2025年第一次临时股东大会审议通过回购股份方案之日起12 个月内。 由于公司2024年度权益分派于2025年6月10日实施完毕，公司回购股份价格上限由不超过42.00元/股 （含本数）调整为不超过41.71元/股（含本数），调整后的价格上限自2025年6月10日起生效。 截至2025年7月31日，公司通过集中竞价交易方式已回购股份223,000股，占公司现总股本的0.22%。回 购最高成交价为31.05元/股，最低成交价为24.47元/股，成交总金额为5,946,909.13元（不含交易费 用）。 此次回购符合公司既定方案及 ...

Group 1 - The company, 瑞德智能, announced a share buyback plan, stating that as of August 31, 2025, it has repurchased a total of 223,000 shares through a dedicated securities account via centralized bidding, which represents 0.22% of the company's total share capital [1]

Group 1 - The company, 瑞德智能, announced a share buyback of approximately 220,000 shares, representing 0.22% of its total share capital, with a total transaction amount of about 5.95 million RMB [1] - The highest transaction price during the buyback was 31.05 RMB per share, while the lowest was 24.47 RMB per share [1] - For the first half of 2025, the company's revenue composition was entirely from smart controllers, accounting for 100% [1] Group 2 - The current market capitalization of 瑞德智能 is 3 billion RMB [2]

Core Viewpoint - 瑞德智能 has repurchased a total of 223,000 shares, representing 0.22% of its total share capital, indicating a strategic move to enhance shareholder value [1] Summary by Relevant Sections - **Share Repurchase Details** - The company repurchased shares through a dedicated securities account via centralized bidding [1] - The highest transaction price was RMB 31.05 per share, while the lowest was RMB 24.47 per share [1] - The total amount spent on the repurchase was RMB 5.9469 million, excluding transaction fees [1]