Core Viewpoint - The company has established itself as a leading enterprise in the commercial vehicle active safety system sector, integrating research and development, production, sales, and service [1] Group 1: Company Performance - From 2014 to 2023, the company's production and sales of pneumatic electronic control braking products, including Anti-lock Braking System (ABS), have ranked first in the industry for ten consecutive years [1] - The company's market share for pneumatic electronic control braking system products has consistently ranked first in the industry from 2021 to 2023, as certified by the China Association of Automobile Manufacturers [1]

Core Viewpoint - Rui Li Ke Mi (001285) is set to go public with an IPO on the Shenzhen Stock Exchange, aiming to raise funds for its automotive safety systems and related projects [1][4] Group 1: Company Overview - Rui Li Ke Mi specializes in the research, production, and sales of active safety systems for motor vehicles, including key components like ABS, ESC, EBS, EPB, and ECAS [1] - The company has established itself as a leading player in the commercial vehicle active safety system market in China, with its brand "Kormee" recognized as a top industry brand [2] Group 2: Market Position and Performance - From 2014 to 2023, Rui Li Ke Mi's ABS products have ranked first in both production and sales for ten consecutive years, with a leading market share from 2021 to 2023 [2] - The company reported revenues of 1.977 billion yuan in 2024, with projected revenues of 1.55 billion to 1.73 billion yuan for the first nine months of the year, reflecting a year-on-year growth of 13.82% to 27.04% [3] Group 3: Research and Development - Rui Li Ke Mi invests significantly in R&D, with expenditures of approximately 93.73 million yuan, 96.79 million yuan, and 115.83 million yuan from 2022 to 2024, respectively [2] - The company holds 459 authorized patents, including 58 invention patents, and has developed 22 core technologies closely related to its main business [2] Group 4: Future Prospects and Funding - The funds raised from the IPO will be allocated to projects such as the establishment of a smart automotive electronic control system headquarters in the Greater Bay Area, R&D center construction, and working capital supplementation [4]