证券日报网讯 润邦股份11月25日在互动平台回答投资者提问时表示，公司主营业务为高端装备业务， 主要产品包括各类物料起重搬运装备、海洋工程装备、船舶及配套装备等。船舶及海工船舶已经成为公 司的重要业务。公司正在积极拓展船舶及海工船舶相关市场，相关订单正逐步落地，公司的重要目标之 一就是成为全球有影响力的海工船舶及特种运输船舶的提供商，预计后续船舶业务营收将稳步增长，具 体经营业绩情况请关注公司定期报告。 （编辑 袁冠琳） ...

润邦股份（002483.SZ）11月25日在投资者互动平台表示，1、公司主营业务为高端装备业务，主要产品 包括各类物料起重搬运装备、海洋工程装备、船舶及配套装备等。船舶及海工船舶已经成为公司的重要 业务。2、公司正在积极拓展船舶及海工船舶相关市场，相关订单正逐步落地，公司的重要目标之一就 是成为全球有影响力的海工船舶及特种运输船舶的提供商，预计后续船舶业务营收将稳步增长，具体经 营业绩情况请关注公司定期报告。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：公司船舶制造营收如何？公司有没有把船舶制造发展 为主业可能？ ...

Core Viewpoint - The company, Runbang Co., Ltd. (002483.SZ), has no plans to participate in the Ximangdu Iron Ore Project, including related port and mining operations [1]. Company Overview - Runbang Co., Ltd. specializes in high-end equipment business, with main products including various material handling equipment, marine engineering equipment, and ship-related equipment [1]. - In the mining sector, the company's relevant products include stackers, reclaimers, ship loaders, ship unloaders, dump trucks, tubular belt conveyors, bucket wheel excavators, and bulldozers [1].

Core Insights - On November 11, Runbang Co., Ltd. experienced a stock price increase of 0.42% with a trading volume of 70.08 million yuan [1] - The company reported a financing buy-in amount of 7.05 million yuan and a net financing buy of 1.34 million yuan on the same day [1] Financing Overview - As of November 11, the total financing and securities balance for Runbang Co., Ltd. was 182 million yuan, accounting for 2.90% of its market capitalization [1] - The current financing balance exceeds the 50th percentile level over the past year, indicating a relatively high position [1] Securities Lending Overview - On November 11, there were no shares repaid or sold in the securities lending market, with a total lending balance of 0.00 yuan, which is above the 80th percentile level over the past year [1] Company Profile - Runbang Co., Ltd. was established on September 25, 2003, and listed on September 29, 2010, located in Nantong Economic and Technological Development Zone, Jiangsu Province [2] - The company's main business includes high-end equipment (72.67% of revenue), marine engineering equipment (12.76%), and environmental services (10.56%) [2] Financial Performance - For the period from January to September 2025, Runbang Co., Ltd. reported a revenue of 4.696 billion yuan, a year-on-year decrease of 8.79%, and a net profit attributable to shareholders of 224 million yuan, down 12.06% year-on-year [2] Dividend Distribution - Since its A-share listing, Runbang Co., Ltd. has distributed a total of 800 million yuan in dividends, with 402 million yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders for Runbang Co., Ltd. was 26,200, a decrease of 0.70% from the previous period [3] - Notable institutional shareholders include Hong Kong Central Clearing Limited and several new entrants in the top ten circulating shareholders [3]

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]

Core Viewpoint - Runbang Co., Ltd. is actively advancing the construction of the Tongzhou Bay base project and plans to optimize its production capacity utilization in various sectors including marine engineering equipment, material handling equipment, and shipbuilding and supporting equipment [1] Group 1 - The construction of the Tongzhou Bay base project is progressing in an orderly manner [1] - The company aims to strategically layout and utilize its production capacity based on market expansion conditions [1] - The focus will be on optimizing production capacity utilization to enhance operational performance [1]

Core Viewpoint - Runbang Co., Ltd. is expanding its high-end equipment business by investing in the "Tongzhou Bay Equipment Manufacturing Base Project" to enhance market share and create new growth points [1] Group 1: Project Overview - The company is currently constructing the Tongzhou Bay Equipment Manufacturing Base Project [1] - The project aims to develop business in marine engineering equipment, material handling equipment, and shipbuilding and supporting equipment [1] Group 2: Strategic Goals - The expansion is intended to increase production capacity in high-end equipment [1] - The company seeks to further penetrate the high-end equipment market and improve its market share [1] - The initiative is expected to enhance the company's overall competitiveness and risk resistance [1] Group 3: Capacity Planning - The company will arrange the production capacity layout of the Tongzhou Bay Equipment Manufacturing Base based on market expansion conditions [1]

Core Viewpoint - The company is actively engaging with investors and addressing concerns regarding stock performance, operational strategies, and future growth prospects through a recent investor meeting [1][2][3] Group 1: Shareholder Engagement and Stock Performance - The company acknowledges the low stock price and the 21.26% shareholding of the major shareholder, indicating ongoing support for business development and market performance [2][3] - The company is focused on enhancing shareholder returns and is considering profit distribution plans based on actual conditions [2][3] Group 2: Financial Performance and Business Operations - In the first half of 2025, the company's revenue from shipbuilding and related equipment was 62.96 million, a significant decrease from over 300 million in the same period last year, attributed to a decline in delivery volumes [2][3] - The company has a robust order backlog and is actively pursuing new contracts in the shipbuilding sector, which is expected to be a key growth driver in the coming years [2][3] Group 3: Market Conditions and Strategic Initiatives - The company is monitoring the impact of currency fluctuations on its export business and has implemented measures such as forward foreign exchange contracts to mitigate risks [2][3] - The company is progressing with the construction of the Tongzhou Bay manufacturing base, which is anticipated to enhance production capacity in various sectors [2][3] Group 4: Future Outlook and Technological Integration - The company expresses confidence in maintaining steady growth across its business segments into 2026, supported by a stable team and sufficient orders [3] - The company is integrating artificial intelligence into its operations to improve efficiency and product quality, aiming to lead in the automation of port logistics [3]

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative increase in stock price of over 20% compared to the benchmark index within six months [11]. Core Insights - The company reported a revenue of 8.224 billion yuan in 2024, representing a year-on-year growth of 14.50%. The net profit attributable to shareholders reached 485 million yuan, a significant increase of 775.84% year-on-year [3][5]. - For Q1 2025, the company achieved a revenue of 1.367 billion yuan and a net profit of 70 million yuan, reflecting a year-on-year growth of 12.28% [3]. - The material handling equipment segment saw a revenue increase of 43% year-on-year, contributing 5.894 billion yuan to the total revenue [4]. - The company has a healthy cash position with 3.747 billion yuan in cash as of Q1 2025, indicating strong liquidity [4]. Financial Performance Summary - The company’s gross margin improved to 23.85% in 2024, up by 3.42 percentage points year-on-year, while the net margin increased to 8.89%, up by 6.09 percentage points [4]. - The projected revenues for 2025-2027 are 7.871 billion yuan, 9.370 billion yuan, and 10.820 billion yuan, with expected growth rates of -4.3%, 19.06%, and 15.47% respectively [5][9]. - The estimated net profit for the same period is projected to be 456 million yuan, 590 million yuan, and 725 million yuan, with growth rates of -5.91%, 29.26%, and 22.98% respectively [5][9]. - The company’s price-to-earnings (P/E) ratios for 2025, 2026, and 2027 are projected to be 12.06, 9.33, and 7.59 respectively [5][9].

Core Viewpoint - The company held its 2024 annual performance briefing, highlighting strong investor engagement and a positive outlook for future growth despite recent challenges in stock performance [1][5]. Group 1: Financial Performance - The company reported a net profit of 484.97 million yuan for 2024, representing a year-on-year increase of 775.84% [6]. - The company plans to maintain steady growth in 2025, with confidence in securing more orders to support revenue stability [11][13]. Group 2: Market Expansion and Strategy - The company has established sales and after-sales service networks in various regions, including Southeast Asia, South Asia, the Middle East, Europe, Australia, Latin America, and Africa, to enhance its high-end equipment business [4][6]. - The company’s foreign sales accounted for 80.44% of total sales in 2024, indicating a strong international market presence [6]. Group 3: Product Development and Innovation - The company is actively exploring the application of artificial intelligence and smart technologies in its products, particularly in port lifting equipment, to improve operational efficiency [38]. - The company is expanding its offshore wind power equipment business, which accounted for approximately 5% of revenue in 2024, and is optimistic about future project opportunities in overseas markets [38]. Group 4: Corporate Governance and Shareholder Engagement - The company emphasizes the importance of market expansion and technological innovation, with plans for ongoing capital management to support these initiatives [7][8]. - The company is committed to transparent communication with shareholders regarding performance and market strategies, despite concerns about stock price fluctuations [5][7].