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]
夯实主业、创新发展 锐新科技24年度净利润5530.32万元