Core Viewpoint - On October 9, 2023, 雷尔伟 (Railway Technology Co., Ltd.) experienced a stock price increase of 7.11%, with a trading volume of 205 million yuan, indicating strong market interest and activity in the company's shares [1]. Financing Summary - On the same day, 雷尔伟 had a financing buy-in amount of 26.02 million yuan and a financing repayment of 13.43 million yuan, resulting in a net financing buy of 12.59 million yuan [1]. - As of October 9, the total financing and securities lending balance for 雷尔伟 was 164 million yuan, with the financing balance accounting for 3.34% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - In terms of securities lending, 雷尔伟 had no shares repaid or sold on October 9, with a securities lending balance of 0, also reflecting a high percentile level over the past year [1]. Company Overview - 南京雷尔伟新技术股份有限公司 was established on August 31, 2006, and went public on June 30, 2021. The company is located in Jiangbei New District, Nanjing, Jiangsu Province [1]. - The main business activities of 雷尔伟 include the research, development, manufacturing, and sales of various types of rail vehicle body components, electrical system components, and bogie parts [1]. - The revenue composition of 雷尔伟 is as follows: aluminum alloy products (41.67%), machining products (25.06%), carbon steel products (18.12%), stainless steel products (7.89%), other products (5.82%), and electrical finished products (1.44%) [1]. Financial Performance - For the period from January to June 2025, 雷尔伟 reported an operating income of 165 million yuan, representing a year-on-year growth of 10.15%, and a net profit attributable to shareholders of 29.17 million yuan, which is a 3.21% increase compared to the previous period [2]. - Since its A-share listing, 雷尔伟 has distributed a total of 178 million yuan in dividends, with 160 million yuan distributed over the past three years [2].

Core Viewpoint - The company reported a significant increase in revenue and profit for the year 2024, indicating positive growth in its operations and financial performance [4]. Company Overview - The company specializes in the research, development, manufacturing, and sales of various types of rail vehicle body components, electrical system components, and bogie parts, with products applied in both railway and urban rail transit sectors, covering speeds from 60 km/h to 350 km/h [1]. Financial Performance - In 2024, the company achieved operating revenue of 366.03 million yuan, an increase of 5.30% compared to the previous year [4]. - The operating profit for 2024 was 78.11 million yuan, reflecting a 30.92% increase year-on-year [4]. - The net profit attributable to the parent company was 67.25 million yuan, marking a 24.02% increase from the previous year [4]. Shareholder and Governance Changes - On August 19, 2024, the company held its second extraordinary general meeting of shareholders, completing the election of the board of directors and the supervisory board, with Wang Chong elected as the chairman [4]. - The company announced that 90 million shares, accounting for 75.00% of the total share capital, were released from restrictions on June 30, 2024, with trading commencing on July 1, 2024 [6]. - The actual controller, Liu Jun, is no longer the executive partner of Nanjing Boke Enterprise Management Center (Limited Partnership), thus ending the control relationship [6].