RHI(SZ:002483) Dong Jian Yan Bao·2025-07-09 15:02Group 1: Research Basic Information - The research object is Runbang Co., Ltd., belonging to the special equipment industry, and the reception time was July 9, 2025. The company's reception staff included the vice president, the secretary of the board of directors, Xie Guixing, the representative of securities affairs, Liu Cong, and the commissioner of securities affairs, Dou Xiaolin [16] Group 2: Detailed Research Institutions - The research institutions include Changjiang Securities (represented by Si Hongli), Guolian Fund (represented by Lu Junyou), Everbright Asset Management (represented by Bian Shaohua), Guoxin Asset Management (represented by Yan Jiaoyang), Bank of Communications Schroder Fund (represented by Feng Qing), Added - value Investment (represented by Zhou Haofeng), and HSBC Jintrust Fund (represented by Zhou Zongzhou) [17] Group 3: Main Content Ship Production Capacity and Order Execution - The company currently has the capacity to produce no less than 10 ships per year, and there is still room for further improvement in shipbuilding capacity through optimization and adjustment. The ship - building contracts are being fulfilled normally [22] High - end Equipment Technology Development - The company seizes the opportunity of AI development, aiming to integrate AI with existing industries. It has gradually realized the R & D and application of intelligent and automated technologies in products such as container port cranes, mobile port cranes, and bulk material handling and conveying equipment, and has obtained multiple orders for automated equipment and equipment automation upgrades. It will further increase R & D efforts [22][23] Future Performance Growth - The material lifting and handling equipment business and the ship and offshore engineering equipment business will be the main growth points for the company's performance in the next few years. The company will expand its business scale through technological innovation and global business layout [24] Tongzhou Bay Base - The company is building the "Tongzhou Bay Equipment Manufacturing Base Project" to expand production capacity in the fields of offshore engineering equipment, material lifting and handling equipment, ships and supporting equipment, and increase market share [24] Internationalization Strategy - The company's high - end equipment business is mainly overseas, with overseas sales accounting for about 70%. It will strengthen the construction of sales and after - sales service networks, increase R & D investment, implement an international talent development strategy, and focus on increasing after - sales service revenue [24] Dividend Policy - Considering factors such as the company's 2024 profitability, future capital needs, industry conditions, and shareholder returns, the company increased dividends in 2024. It will continue to focus on its main business, enhance its core competitiveness, and increase dividends when conditions permit [25][26]