Core Viewpoint - Rui Pu Lan Jun (0666.HK) is experiencing significant revenue growth and a reduction in net losses, driven by increased battery shipments and effective cost management strategies [2][3] Financial Performance - For the first half of the year, Rui Pu Lan Jun expects revenue between 9.3 billion to 9.8 billion yuan, representing a year-on-year growth of approximately 22.4% to 29% [2] - The net loss attributable to shareholders is projected to be between 0.5 billion to 1 billion yuan, a reduction of 84.8% to 92.4% compared to the same period last year [2] - In 2024, the company anticipates revenue of 17.796 billion yuan, a year-on-year increase of 29.44%, with a gross profit of 737 million yuan, up 110.52% [3] Business Operations - The increase in revenue is attributed to a rise in the shipment volume of power and energy storage battery products, improved gross margins, and effective cost control measures [2] - Rui Pu Lan Jun has established itself as a significant player in the domestic power battery market, ranking 11th in 2023 and expected to rise to 8th in 2024, with a market share increase of 0.35 percentage points [2] Strategic Initiatives - The company is focusing on expanding into overseas markets and the energy storage sector, with plans to establish its first overseas battery factory in Indonesia and a new subsidiary in California, USA [3] - Strategic partnerships have been formed, including a memorandum with Bakrie & Brothers in Indonesia for the supply of over 3,000 electric bus and truck battery systems, and a collaboration with South Korea's Hyosung Heavy Industries for energy storage systems [3] - Rui Pu Lan Jun has achieved the highest global shipment volume of household energy storage cells in the first half of this year [3]
上半年预计减亏超80%，瑞浦兰钧加码储能和海外市场