深耕高炉耐火材料细分赛道专精特新“小巨人”：瑞尔竞达北交所过会

Core Viewpoint - Mingguang Ruierjingda Technology Co., Ltd. has received approval for its public offering and listing on the Beijing Stock Exchange, marking a significant step in its growth trajectory as a key player in the iron-making refractory materials sector [1][2]. Group 1: Company Overview - Ruierjingda focuses on the research, production, and sales of refractory materials for blast furnaces, positioning itself as a "guardian of blast furnaces" by providing comprehensive technical solutions throughout the product lifecycle [2][3]. - The company has established a strong market presence, with its products widely used by major domestic steel enterprises such as Baowu Steel Group and Shougang Group, as well as international clients in countries like Russia, South Korea, and Turkey [3][4]. Group 2: Financial Performance - From 2022 to 2024, the company's revenue is projected to grow steadily to 476 million yuan, with a significant increase in net profit, demonstrating strong profitability and resilience [4]. - The core business of functional consumption materials accounts for approximately 60% of revenue, serving as a stable engine for the company's growth [2][3]. Group 3: Innovation and Market Position - Ruierjingda holds 70 patents, including 16 invention patents, showcasing its robust research and development capabilities, which contribute to its leading gross margin of 39.72% in 2024, significantly above the industry average [3][4]. - The company is committed to green and intelligent upgrades, with fundraising efforts directed towards developing carbon capture technologies and energy-saving materials, aligning with the industry's shift towards low-carbon development [4][5].