锐明技术分析师会议-20260206

Report Summary 1. Reported Industry Investment Rating No information provided. 2. Core View of the Report The report focuses on the research and analysis of Rayming Technology, a company in the computer equipment industry. It explores the company's development prospects in its main business, Robobus business, and the Digital Intelligence Equipment Product Division. It also assesses the capacity of the Vietnam factory to support the company's business growth [27][28]. 3. Summary by Relevant Catalogs 3.1. Research Basic Situation - Research object: Rayming Technology [17] - Industry: Computer equipment [17] - Reception time: February 3, 2026 [17] - Listed company receptionist: Board Secretary Zhang Jiong [17] 3.2. Detailed Research Institutions The research involved various institutions, including fund management companies (such as China - Europe, GF, Penghyang, etc.), securities companies (such as Guotai Haitong Securities, Orient Securities, etc.), insurance asset management companies (such as Xinhua Asset Management), and other types of investment and asset management companies [18][19][20] 3.3. Main Content Data - Main Business Development Expectations: The company's main business targets the global commercial vehicle fleet management market. With the improvement of chip performance and AI technology, the penetration rate of AI - enabled products is increasing, and the company aims to seize business opportunities for growth [27]. - Robobus Business Development Plan: The company has initiated a systematic layout for Robobus business, such as building a self - driving test field, expanding the R & D team, and cooperating with universities. It will focus on implementing domestic and international benchmark projects this year [27]. - Reason for Choosing Robobus as the Initial Direction: Robobus customers have complex business scenarios and need integrated solutions. The company understands customer scenarios well and can combine self - driving technology with existing products to meet customer needs [27]. - Digital Intelligence Equipment Product Division: The division is mainly engaged in contract manufacturing of server power products. Although it is in the early stage with a small scale, the company is optimistic about its future and plans to expand its business in supporting products for computing centers [28]. - Vietnam Factory Capacity: The Vietnam Phase I factory was put into operation in May 2023, and the Phase II is under construction and gradually coming into operation. The local team is familiar with the environment, the factory operates efficiently, and it has the capacity to support future business development [28].