Core Viewpoint - 瑞玛精密 has secured a significant project for automotive air suspension systems, expected to generate sales of approximately 5.56 billion yuan, which will positively impact the company's future performance [2][3]. Market Expansion - 瑞玛精密's subsidiary, 普莱德汽车科技(苏州), has been designated as a supplier for a domestic automaker's new energy vehicle platform project [3]. - The company is actively pursuing a global development strategy and accelerating its overseas industrial layout, with production bases in various regions including Mexico and the UK [8]. Financial Performance - In 2024, 瑞玛精密 faced challenges with a reported revenue of 1.774 billion yuan, a year-on-year increase of 12.51%, but a net loss of 25.32 million yuan, marking the first loss since its listing in 2020 [5]. - By the first half of 2025, the company reported revenue of 935 million yuan, a year-on-year increase of 23.22%, and a net profit of 18.4 million yuan, a significant increase of 164.57% [5][6]. Product Development and R&D - 瑞玛精密's R&D expenses have increased over the years, with a rate of 6.96% in the first half of 2025, reflecting the company's commitment to innovation [7]. - The company aims to transition from a component supplier to a complete vehicle comfort system integrator [3]. Sales and Revenue Breakdown - In the first half of 2025, 瑞玛精密's automotive sector generated revenue of 747 million yuan, a year-on-year increase of 19.51%, with significant growth in automotive electronic products [6]. - The company's domestic and international sales in the first half of 2025 were 680 million yuan and 255 million yuan, respectively, with growth rates of 25.98% and 16.43% [8]. Capital Raising - 瑞玛精密 plans to raise up to 632 million yuan through a targeted stock issuance to fund projects related to air suspension systems and seat integration systems [9].