RISONG(SH:688090) Zheng Quan Shi Bao Wang·2025-12-02 11:17Core Viewpoint - Ruisheng Technology reported a decline in revenue and a net loss for the first three quarters of 2025, primarily due to project delays and increased R&D expenses, while also highlighting new contract wins and a focus on high-end manufacturing solutions [1][2][3] Financial Performance - The company achieved total revenue of 582 million yuan, a year-on-year decrease of 12.07% [1] - The net profit attributable to shareholders was a loss of 6.13 million yuan, compared to a profit of 4.26 million yuan in the same period last year [1] Business Overview - Ruisheng Technology operates in robotics, AI machine vision, industrial software, and smart manufacturing, providing flexible digital solutions [1] - The company is a leading provider of intelligent manufacturing solutions in the automotive sector and has expanded into various industries including new energy vehicles, machinery, and aerospace [1] Client Base - The company serves major automotive manufacturers such as GAC Group, SAIC Group, and BYD, as well as high-end manufacturing firms like Hitachi Elevator and SANY Heavy Industry [1] Recent Developments - The company secured a contract worth approximately 330.8 million yuan for a cotton picker production project and another contract exceeding 130 million yuan for providing intelligent manufacturing solutions for new energy vehicles [2] - Ruisheng Technology has also achieved initial orders for its high-precision six-axis robot from leading display panel companies [2] Future Outlook - The chairman emphasized the shift of China's manufacturing from "big country manufacturing" to "strong country manufacturing," focusing on high-end precision manufacturing as a growth area [3] - The company is advancing its digital transformation by establishing dedicated divisions for automotive, general, and digital industries, targeting high-end, intelligent, and green development [3]