Financial Performance - The company reported a basic earnings per share of -0.0682 yuan for 2024, an improvement of 20.05% compared to -0.0853 yuan in 2023 [1] - The net profit remained at -0.09 billion yuan for both 2024 and 2023, indicating no change [1] - The operating revenue for 2024 was 9.7 billion yuan, slightly up from 9.69 billion yuan in 2023, reflecting a 0.1% increase [1] - The return on equity was -0.72% in 2024, showing a 10% improvement from -0.80% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 55.055 million shares, accounting for 51.13% of the circulating shares, with an increase of 29.8269 million shares compared to the previous period [1] - Notable new shareholders include Ningbo Xinggong Fangzheng Holdings with 24.15 million shares (22.43%) and Fang Yongjie with 5.06% [2] - Several shareholders exited the top ten list, including Shenzhen Zhaolifeng Private Securities Fund Management with 3.61% [2] Dividend Policy - The company has decided not to distribute dividends or increase capital [3]

Core Viewpoint - Jiangshun Technology has officially listed on the Shenzhen Stock Exchange, marking a significant milestone in its development and capital market entry [1] Group 1: Company Overview - Jiangshun Technology, established in 2001, is a leading enterprise in the aluminum profile extrusion mold and supporting equipment industry in China, focusing on R&D, design, production, and sales [4] - The company has a mature business model and stable operating performance, with a significant market presence in the aluminum profile extrusion mold and supporting equipment sector [4] - Jiangshun Technology's main products include aluminum profile extrusion molds and accessories, extrusion supporting equipment, and precision mechanical components, which are critical for downstream aluminum profile extrusion production [4] Group 2: Financial Highlights - The company plans to raise 560 million yuan through its IPO, allocated to three main projects: 201 million yuan for precision mold expansion, 235 million yuan for extrusion equipment production line construction, and 125 million yuan for working capital [5] - From 2022 to 2024, Jiangshun Technology's operating revenue was 892.43 million yuan, 1.04257 billion yuan, and 1.13648 billion yuan, with a compound annual growth rate (CAGR) of 12.85% [7] - The net profit attributable to ordinary shareholders for the same period was 137.27 million yuan, 141.54 million yuan, and 146.27 million yuan, with a CAGR of 3.23% [7] Group 3: Market Position and Competitive Advantage - Jiangshun Technology has established a comprehensive R&D and manufacturing capability across the entire industry chain, offering one-stop services from micro-channel molds to large-scale equipment [4] - The company has accumulated 277 patents, including 61 invention patents, and has set up innovation platforms such as "Academician Workstation" and "Provincial Engineering Technology Research Center" [6] - Jiangshun Technology's products are recognized for their manufacturing precision, comprehensive lifespan, and automation level, achieving domestic leading standards [6] Group 4: Industry Outlook - The aluminum profile extrusion mold and supporting equipment market is expected to grow significantly, driven by increasing demand in emerging sectors such as photovoltaics, rail transportation, and lightweight automotive applications [10] - China's mold manufacturing industry has been steadily growing, with the market size reaching 311.896 billion yuan in 2019, nearly doubling since 2011 [11] - The company aims to leverage the broad market prospects in the aluminum profile extrusion sector, focusing on continuous innovation and high-end product development to capture emerging market opportunities [12][15]

瑞鹄模具（002997）公告，2025年第一季度营收为7.47亿元，同比增长47.76%；净利润为9743.72万 元，同比增长28.49%。 ...

| 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.1642 | 0.0029 | 5562.07 | 0.1065 | | 每股净资产（元） | 11.47 | 10.93 | 4.94 | 14.19 | | 每股公积金(元) | 6.96 | 6.55 | 6.26 | 8.69 | | 每股未分配利润(元) | 3.23 | 3.24 | -0.31 | 4.35 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 1.92 | 1.4 | 37.14 | 1.04 | | 净利润(亿元) | 0.14 | 0 | 0 | 0.09 | | 净资产收益率(%) | 1.44 | 0.02 | 7100 | 0.98 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 2681.96万股，累计占流通股比： 51.36%，较上期变化： 39.18 万股。 一、主要 ...

Core Insights - The company reported a significant decline in revenue and net profit for the year 2024, raising concerns about its operational status and market challenges [1][2]. Revenue Performance - In 2024, the company's revenue was 585,763,272.15 yuan, a decrease of 12.85% from 672,149,966.16 yuan in 2023 [1]. - The mold business revenue fell by 27.05% to 318,245,705.19 yuan due to a reduction in delivery quantities [1]. - The aluminum alloy parts business saw a revenue increase of 16.48% to 165,519,514.15 yuan, but its gross margin was -17.05%, down 15.09 percentage points from the previous year, indicating profitability concerns [1]. - The brake parts business revenue increased by 2.39% to 82,361,418.23 yuan [1]. Profitability Challenges - The net profit attributable to shareholders was -11,239,482.97 yuan, a drastic decline of 125.74% compared to 43,670,797.72 yuan in 2023 [2]. - The net profit excluding non-recurring items was -27,679,467.02 yuan, down 194.35% from 29,336,695.65 yuan in 2023 [2]. - Basic earnings per share dropped from 0.2785 yuan to -0.0585 yuan, while the diluted earnings per share fell from 0.1871 yuan to -0.1441 yuan [2]. Cost Management - The company achieved a reduction in overall expenses, with sales expenses down 2.03% to 16,731,255.53 yuan and management expenses down 5.22% to 41,524,156.41 yuan [3]. - Financial expenses increased by 63.44% to -2,352,937.12 yuan due to reduced exchange gains [3]. - Research and development expenses decreased by 8.90% to 30,549,411.05 yuan, indicating a need to balance cost control with innovation [3]. Research and Development Focus - Despite a decrease in R&D spending, the company maintained a focus on technological innovation, with R&D expenses accounting for 5.22% of revenue [4]. - The company employs 111 R&D personnel, representing 13.72% of the total workforce, covering various educational backgrounds and age groups [4]. - The effectiveness of R&D investments in driving future growth needs further evaluation given the significant drop in net profit [4]. Cash Flow Analysis - The net cash flow from operating activities turned negative at -1,834,060.53 yuan, a decline of 102.23% from 82,171,602.85 yuan in 2023, indicating weakened cash generation capabilities [5]. - Cash outflow from investment activities increased to -102,183,307.42 yuan, a rise of 80.12% from -56,730,033.36 yuan in 2023, reflecting increased investment in long-term assets [6]. - Cash inflow from financing activities surged to 586,700,311.81 yuan, a growth of 2659.18% compared to -22,925,286.51 yuan in 2023, primarily due to funds from a targeted issuance [7]. Industry and Market Risks - The company's performance is closely tied to macroeconomic conditions and the automotive industry, with cyclical fluctuations potentially leading to reduced orders and sales difficulties [9]. - High customer concentration poses a risk, as significant sales to the top ten customers could adversely affect operations if these clients face difficulties or switch suppliers [10]. - Fluctuations in raw material prices, particularly for precision casting molds and aluminum alloy parts, could impact costs and pricing strategies [11]. - The company faces technological challenges, as foreign competitors hold a technological edge, necessitating continuous innovation to remain competitive [12]. Management Compensation Considerations - The total pre-tax compensation for the chairman and general manager was 520,200 yuan, while the deputy general manager and financial director received 373,600 yuan and 221,700 yuan, respectively [13]. - The relationship between management compensation and the company's declining performance warrants investor scrutiny [13].

兄弟姐妹们，明天大A将迎来2只新股申购！ 格隆汇新股获悉，本周二（4月15日），可申购深主板新股江顺科技（001400.SZ）和创业板新股众捷汽车 （301560.SZ）。 江顺科技本次发行价格为37.36元/股，对应发行市盈率15.32倍，低于行业平均市盈率29.52倍，低于"模具制造"细分行 业平均静态市盈率31.73倍，公司此次发行保荐人是华泰联合证券股份有限公司。 江顺科技本次发行新股1500万股，全部为网上发行，预计募集资金总额为5.6亿元，扣除发行费用后，预计募集资金净 额约为4.9亿元。网上申购每一个申购单位为500股，申购数量上限为1.5万股，顶格申购须配深市市值15万元。 众捷汽车本次发行价格为16.5元/股，对应发行市盈率21.3倍，低于行业平均市盈率27.16倍，低于同行业可比上市公司 平均市盈率26.08倍，此次发行保荐人是天风证券股份有限公司。 众捷汽车本次发行新股3040万股，网上初始发行数量为729.6万股，预计募集资金总额为5.02亿元，扣除发行费用后， 预计募集资金净额约为4.23亿元。网上申购每一个申购单位为500股，申购数量上限为7000股，顶格申购须配深市市值 7万元。 ...

Core Viewpoint - The global manufacturing molds and dies market is projected to reach USD 3.47 billion by 2031, with a compound annual growth rate (CAGR) of 6.9% over the coming years [2]. Market Overview - Manufacturing molds and dies are essential tools for mass production of industrial components, significantly enhancing production efficiency and reducing costs [1]. - The automotive sector is the largest demand source, accounting for approximately 46.5% of the market share [11]. - Linear molds dominate the product type segmentation, holding about 35.6% of the market share [9]. Key Market Players - The top ten manufacturers in the global manufacturing molds market hold around 34.0% of the market share as of 2022 [6]. Market Drivers - Global manufacturing upgrades and automation developments are driving the demand for high-precision molds [13]. - The growth of the automotive industry, particularly in electric vehicles and lightweight materials, is increasing the need for advanced precision molds [13]. - The miniaturization trend in electronic products is creating a strong demand for high-precision molds in the semiconductor packaging sector [13]. - The aerospace and high-end manufacturing sectors are also contributing to the rising demand for high-performance molds [13]. Challenges - Fluctuations in raw material prices, particularly high-quality steel, can impact cost control in mold manufacturing [15]. - Rising manufacturing costs due to increased energy, labor, and environmental compliance requirements are pressuring profit margins [15]. - High technical barriers in producing advanced molds limit market entry for some companies [15]. - International competition remains intense, particularly from developed countries with established technological advantages [15]. Opportunities - The development of the electric vehicle supply chain is increasing the demand for high-precision molds [16]. - The semiconductor and electronic packaging mold market is expected to grow due to advanced packaging technologies [16]. - The acceleration of domestic substitution in markets like China and India presents growth opportunities for local manufacturers [16]. - The integration of smart molds and digital manufacturing technologies is enhancing production efficiency [16]. - Sustainable mold materials and recycling technologies are likely to reduce costs and improve sustainability [16]. - The Belt and Road Initiative is expected to boost demand for molds in emerging markets [16].

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 宁波方正汽车模具股份有限公司（以下简称"公司"）第三届董事会第十二 次会议于 2025 年 3 月 24 日以专人送达、电话等方式送达全体董事，并于 2025 年 4 月 3 日以现场结合通讯表决的方式在公司会议室召开。本次会议应出席董事 生以通讯表决方式参加会议。会议由董事长方永杰先生主持，公司监事、部分高 级管理人员列席了本次会议。 本次董事会会议的召开符合《中华人民共和国公司法》《宁波方正汽车模具 股份有限公司章程》及相关法律法规的有关规定。 二、董事会会议审议情况 证券代码：300998 证券简称：宁波方正 公告编号：2025-018 宁波方正汽车模具股份有限公司 宁波方正汽车模具股份有限公司董事会 与会董事就各项议案进行了审议、表决，形成决议如下： 表决结果：同意 8 票，反对 0 票，弃权 0 票。 三、备查文件 特此公告。 （一）审议通过了《关于新增募集资金专户并授权签订募集资金三方监管协 议的议案》。 为加强募集资金的管理和使用，公司拟新增设立募集资金专项账户，并授权 公司 ...

Group 1 - The company, Rayhoo Automotive Mould Co., Ltd., will hold an online performance briefing for the year 2024 on April 10, 2025, from 15:00 to 17:00 [1] - The briefing aims to enhance communication with investors and improve investor relations management [1] - The event will be conducted via a text-based online platform, allowing investors to participate and interact with company executives [1] Group 2 - The company is soliciting questions from investors in advance to ensure the discussion is relevant and targeted [2] - Investors can submit their questions through a designated email or by scanning a QR code to access the question collection page [2] - A record of the investor relations activities from the briefing will be compiled and published on the Shenzhen Stock Exchange's interactive platform [2]

Company Overview - Ningbo Zhenyu Technology Co., Ltd. specializes in the R&D, design, production, and sales of precision progressive stamping molds and downstream precision structural components [1] - The company reported a revenue of 5.015 billion CNY for the first three quarters of 2024, representing a year-on-year growth of approximately 17.3% [2] Financial Performance - The net profit attributable to shareholders for the first three quarters of 2024 was 172 million CNY, a year-on-year increase of about 214% [2] - The expected net profit for 2024 is projected to be between 220 million CNY and 280 million CNY, with a non-recurring net profit forecasted between 200 million CNY and 250 million CNY [3] Business Development and Strategy - The company plans to establish a subsidiary focused on the design and manufacturing of precision components for humanoid robots, leveraging its advanced technology in ultra-precision mechanical parts [1] - The growth in emerging industries typically involves long development cycles, with initial revenue contributions being relatively small due to significant investments in R&D, process improvement, and team building [1] Market Outlook - The company anticipates growth across all business divisions in 2025, driven by expected domestic economic growth [4] - The robot industry is viewed as a long-term growth opportunity, comparable to the electric vehicle industry, although it currently presents significant uncertainties [7] Product Development - The company has developed a range of precision components for humanoid robots, including planetary roller screws and linear actuators, with initial small-scale deliveries already made [8] - A semi-automated production line for planetary roller screws has been established, with a daily capacity of 50 sets, and plans for a fully automated production line are underway [8] Risk Considerations - Investors are advised to remain aware of the risks associated with the company's future development and the uncertainties in the emerging robotics sector [1][8]