Core Viewpoint - Runbang Co., Ltd. is actively expanding its high-end equipment business globally, with a focus on stabilizing and increasing revenue despite challenges from specific projects [1] Group 1: Business Expansion - The company has established sales and after-sales service networks in regions including Southeast Asia, South Asia, the Middle East, Europe, Australia, Latin America, and Africa [1] - Runbang Co., Ltd. is intensifying efforts to explore markets related to high-end equipment [1] Group 2: Revenue Stability - The port equipment, shipbuilding, and offshore engineering sectors are showing positive development trends [1] - The company is confident in securing more orders to stabilize and enhance its revenue scale [1]

Core Viewpoint - Runbang Co., Ltd. (002483) has indicated that its port equipment, shipbuilding, and offshore engineering businesses are developing rapidly and are expected to be the main growth drivers in the coming years [1] Company Summary - The company is experiencing strong growth in its port equipment business [1] - The shipbuilding and offshore engineering sectors are also showing positive development [1] - These areas are identified as key growth points for the company in the next few years [1]

Core Viewpoint - The company reported a significant decline in revenue from the shipbuilding and related equipment sector, with a decrease of 600 million, representing an 80% drop, while the port machinery business saw a 20% increase in revenue, leading to an overall revenue decline of over 10% [1] Group 1: Revenue Performance - The company's material handling equipment business experienced a year-on-year increase of approximately 480 million, with a growth rate of 26.51% [1] - The marine engineering equipment and related equipment sector saw a year-on-year increase of about 50 million, with a growth rate of 14.39% [1] - The shipbuilding and related equipment business reported a year-on-year decline of approximately 510 million, with a decrease of 89.03% [1] Group 2: Inventory and Orders - As of the end of Q3 2025, the company's inventory increased by 61.75% year-on-year, primarily due to the growth in ship orders and corresponding increases in raw materials and work-in-progress [1] - The company has seen a continuous increase in orders for marine engineering vessels and special transport vessels in recent years, with long contract fulfillment cycles and high order values [1] Group 3: Future Growth Prospects - The company's port equipment business and shipbuilding, marine engineering sectors are developing rapidly and are expected to be the main growth points in the coming years [1]