RTGF(SH:605133) Ge Long Hui A P P·2025-11-25 09:03Core Viewpoint - Rongtai Co., Ltd. is experiencing steady growth in its main business, with improved profitability and overall growth rate meeting expectations [1] Group 1: Business Performance - The company has achieved a record high in system product delivery volume, further solidifying its position as a global leader [1] - The production of shells is expected to exceed 17 million units in 2024, with a year-on-year sales increase of 16.3% [1] Group 2: Global Expansion - Rongtai continues to deepen its global layout, with Zhuhai Rongtai expanding its European export projects and securing several key project designations [1] Group 3: Financial Outlook - The company’s Leon factory reported a loss of 15.703 million yuan in 2024, but is expected to reduce losses in 2025 [1] - The acquisition of Zhongshan Aoduo supplements the company's motor business portfolio [1] Group 4: Innovation and Patents - A new patent for lead screws has been disclosed, laying the foundation for large-scale production [1] Group 5: Investment Rating - The investment rating is maintained at "Buy" [1]