宝石机械钻机分公司研发的"RPA机器人（智钻Mia）钻机整改项流程自动化"项目，通过引入基于RPA 技术的MES系统自动化流程机器人，大幅提高了钻机组装过程中的数据录入效率和准确性，将原本耗 时20小时的工作缩短至仅需0.5小时，准确率高达99.9%。该项目在众多参赛作品中脱颖而出，成为8个 优胜项目之一，并在决赛展演环节荣获二等奖。 近日，中国石油共青团西北协作区举办的"新青年·创未来"人工智能青年科技交流会在西安举行。宝石 机械两项在自动化智能化领域的青年创新应用成果获奖。 宝石机械另一项研究项目--"基于图像识别技术的钻杆接箍和本体智能检测研究及应用"获得优秀成果 奖。这项技术为提升钻杆检测的智能化水平提供了新的解决方案。 宝石机械通过此次交流会不仅展示了自身在技术创新方面的实力，也为推动行业向更高效、更智能的方 向发展贡献了力量。未来，宝石机械将继续秉持创新精神，不断探索智能制造的新路径，为实现"智造 未来"而努力奋斗。（通讯员 牟宝川） ...

Group 1: Business Overview - The company is focusing on the shipbuilding and offshore engineering sectors, which are experiencing a new high cycle, driven by marine oil and gas development activities and an active shipping market [3][4]. - The company aims to become a globally influential provider of offshore vessels and special transport ships [3]. Group 2: Order Status - Since 2024, the company has intensified its market expansion efforts, securing ship orders from Germany, Singapore, and Latin America, including chemical tankers and platform supply vessels [4]. - The company currently has multiple ongoing negotiations for marine engineering and special transport vessel projects [4]. Group 3: Technological Development - The company is integrating artificial intelligence into its operations to enhance production efficiency, product quality, and innovation capabilities [4]. - Automation and intelligent technology have been progressively implemented in products such as container port cranes and mobile port cranes, contributing to the automation of port operations [4]. Group 4: International Market Expansion - In 2024, the company's export sales accounted for 80.44% of its total sales, with a focus on optimizing its international sales network and after-sales service [4]. - The company has established sales and service networks in Southeast Asia, South Asia, the Middle East, Europe, Australia, Latin America, and Africa, aiming to capitalize on commercial opportunities in developing countries [4]. Group 5: Future Development Direction - The material handling equipment and shipbuilding offshore equipment sectors are expected to be the main growth points for the company in the coming years [5]. - The company plans to enhance its core competitiveness in high-end equipment through independent research and technological innovation [5].

Group 1: Company Orders and Market Expansion - The company has intensified efforts in the shipbuilding market since 2024, securing orders from Germany, Singapore, and Latin America, including chemical tankers and platform supply vessels [2][3] - Multiple ongoing negotiations for marine engineering vessels and specialized transport vessel orders are in progress [2][3] Group 2: Hardware Advantages in Shipbuilding - The company possesses its own shipyard, which is adequately sized to meet the requirements of the contracted shipbuilding projects [3] - A high-end stainless steel manufacturing workshop enhances the capability to meet the demands of high-end specialized transport vessels [3] - The shipyard features a roof design, allowing for indoor work unaffected by weather, thus ensuring production quality and efficiency [3] - Since 2011, the company has accumulated significant experience in marine engineering vessels, improving contract fulfillment capabilities [3] Group 3: Technological Development in High-end Equipment - The company is actively integrating artificial intelligence (AI) into its operations to enhance production efficiency, product quality, and innovation [3] - Automation and intelligent technology have been progressively implemented in products like container port cranes and mobile port cranes, aiding in the development of automated and unmanned ports [3] - Several orders for automated equipment and upgrades have been secured, with plans to increase R&D efforts in intelligent and automated high-end equipment [3] Group 4: Future Development and Strategic Planning - The company is constructing the "Tongzhou Bay Equipment Manufacturing Base" to expand its capabilities in marine engineering and material handling equipment [4] - The focus will be on enhancing market share in high-end equipment and establishing new growth points for performance [4] - The company plans to maintain a high dividend level, reflecting its commitment to shareholder returns while balancing future funding needs and industry conditions [4] - Future growth will primarily come from material handling equipment and marine engineering equipment, with a focus on independent R&D and technological innovation [4]

Core Viewpoint - The company is expected to achieve a significant increase in net profit for the first half of 2025, with a forecasted range of approximately HKD 950 million to HKD 1.08 billion, reflecting a year-on-year growth of 45% to 65% [2]. Group 1: Performance Forecast - The midpoint of the profit forecast is HKD 1.015 billion, indicating a year-on-year increase of 55% [2]. - The company's stock incentive plan is highly likely to meet the performance target of HKD 2.008 billion for 2025, which represents a growth of over 25% compared to the adjusted net profit for 2024 [2]. Group 2: Growth Drivers - The company is entering a performance realization phase, driven by enhanced product competitiveness and a successful global mid-to-high-end strategy [3]. - The company has improved its supply chain and channel management, leading to better risk response capabilities [3]. - The first half of 2025 saw a significant improvement in core business scale and product/channel structure, with innovative businesses maintaining high growth [3]. Group 3: Product and Market Performance - The company's television segment, particularly Miniled TV, has seen a rapid increase in shipment proportion, indicating product structure optimization [3]. - In Q2 2025, global TV shipments reached 6.95 million units, a year-on-year increase of 4.1%, with domestic shipments at 1.4 million units (down 3.3%) and overseas shipments at 5.55 million units (up 6.2%) [3]. - The penetration rate of Miniled TVs has increased significantly, with approximately 820,000 units shipped globally in 2025, accounting for 11.8% of total shipments [3]. Group 4: Future Outlook - The company anticipates that the net profit margin for the second half of 2025 will accelerate due to ongoing domestic market support and the continued push for larger and Miniled TVs in overseas markets [3].

Group 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]

Group 1: Company Production and Capacity - The company has an annual shipbuilding capacity of no less than 10 vessels, with potential for further optimization and enhancement of production capacity [3] - The company is actively organizing production and maintaining normal contract performance for related shipbuilding orders [3] Group 2: Technological Development and Innovation - The company is integrating artificial intelligence into its products, enhancing production efficiency, product quality, and innovation capabilities [4] - The company has received multiple orders for automated equipment and upgrades in port terminals, aiming to boost the automation level of its high-end equipment [4] Group 3: Future Growth and Market Expansion - The material handling equipment and marine engineering equipment sectors are expected to be the main growth drivers in the coming years [4] - The company is constructing the "Tongzhou Bay Equipment Manufacturing Base" to expand its high-end equipment production capacity and market share [4] Group 4: Internationalization Strategy - Approximately 70% of the company's high-end equipment business comes from overseas sales, reflecting its strong international presence [5] - The company plans to enhance its sales and after-sales service networks while investing in technology and international talent development [5] Group 5: Dividend Policy and Shareholder Returns - The company has significantly increased its dividend for 2024 compared to the previous year, emphasizing shareholder returns amid ongoing growth [5] - Future dividends will be aligned with the company's profitability, funding needs, and market conditions, with a commitment to enhancing shareholder value [5]

Group 1: Company Orders and Market Expansion - Since 2024, the company has intensified efforts in the shipbuilding market, securing orders from Germany, Singapore, and Latin America, including chemical tankers and platform supply vessels [3] - The company has an external sales ratio of 80.44% for 2024, with established sales and after-sales service networks in Southeast Asia, South Asia, the Middle East, Europe, Australia, Latin America, and Africa [4] - The company is actively negotiating multiple hot project orders in marine engineering and special transport vessels [3] Group 2: Technological Development and Automation - The company is integrating artificial intelligence into its products, enhancing production efficiency, product quality, and innovation capabilities [4] - Automation and intelligent technology have been progressively applied in products like container port cranes and mobile port cranes, improving operational efficiency in global port logistics [4] - The company has received multiple orders for automated equipment and upgrades for port terminals [4] Group 3: Financial Performance and Shareholder Returns - The company has significantly increased its dividend for 2024 compared to the previous year, reflecting its commitment to shareholder returns amid continuous growth [5] - Future dividends will be aligned with the company's core business development and investment value enhancement [5] Group 4: Project Development and Capacity Expansion - The company is constructing the "Tongzhou Bay Equipment Manufacturing Base Project" to expand its capacity in marine engineering and material handling equipment [5] - The base is expected to begin operations in the second half of this year, with production capacity to be adjusted based on market expansion [5] Group 5: Currency Impact and Risk Management - The company has experience managing foreign exchange risks since its establishment in 2003, employing measures like forward foreign exchange contracts to mitigate impacts on business performance [4]