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嵘泰股份:积极培育第二增长曲线 加大对丝杠轴承等项目的对接与筛选

Core Viewpoint - Rongtai Co., Ltd. reported significant growth in revenue and net profit for the fiscal year 2024 and the first quarter of 2025, indicating a strong operational performance and strategic focus on new energy and automation sectors [1][2]. Financial Performance - In 2024, Rongtai achieved operating revenue of 2.352 billion yuan, a year-on-year increase of 16.42%, and a net profit attributable to shareholders of 163 million yuan, up 11.93%. The non-recurring net profit was 138 million yuan, reflecting a growth of 10.90% [1]. - For the first quarter of 2025, the company reported operating revenue of 662 million yuan, a 29.68% increase year-on-year, with a net profit of 48 million yuan, up 13.76%, and a non-recurring net profit of 45 million yuan, which grew by 25.57% [1]. Fundraising and Investment Projects - In April 2025, Rongtai completed a private placement of A-shares, raising a total of 878 million yuan for the "Intelligent Manufacturing Project for New Energy Vehicle Components." The company aims to enhance production line automation and provide higher quality products through this initiative [1]. Future Development Strategy - The company plans to solidify its existing business while increasing investments in robotics, autonomous driving, and automotive electronics, which are supported by national policies. This strategy aims to cultivate a second growth curve by exploring new business sectors and leveraging synergies with existing operations [2]. - Rongtai is focusing on strengthening its research in humanoid robots, automotive electronics, and industrial automation, and is looking to integrate resources through joint ventures, equity participation, and mergers to support new business projects [2]. Humanoid Robot Sector - Rongtai's investment in the humanoid robot sector is particularly noteworthy. In April 2025, the company announced a joint venture with Jiangsu Runfu Power Technology Co., Ltd. to develop technologies and products related to intelligent robots and new energy vehicle chassis systems, specifically focusing on the research, production, and sales of planetary roller screw mechanisms [3].