Core Viewpoint - 瑞鹄模具 has significantly improved its operating performance due to ample orders on hand, achieving record-high profits in the first three quarters of 2025 [1][4]. Financial Performance - In the first three quarters of 2025, 瑞鹄模具 reported revenue of 2.604 billion yuan, a year-on-year increase of 50.90% [1][4]. - The net profit attributable to shareholders reached 355 million yuan, up 40.53% year-on-year [1][4]. - The net cash flow from operating activities was 306 million yuan, showing a remarkable increase of 569.77% [4]. Dividend Distribution - The company announced a cash dividend of 1.50 yuan (including tax) for every 10 shares, totaling 31.3982 million yuan for this profit distribution [1][5]. - 瑞鹄模具 has consistently distributed dividends for five consecutive years, amounting to a total of 254 million yuan from 2020 to 2024 [5]. Capital Raising and Investment Plans - 瑞鹄模具 plans to issue convertible bonds to raise approximately 750 million yuan, down from an initial target of 880 million yuan [2]. - The raised funds will be allocated to projects including the upgrade and expansion of precision mold manufacturing for mid-to-high-end passenger vehicles, and the development of intelligent manufacturing solutions [2][3]. - Specific projects include: - A total investment of 186 million yuan for the upgrade of precision molds, aiming for an annual production capacity of 180 sets [2]. - An investment of 267 million yuan for key materials in intelligent additive manufacturing, targeting an annual output of 36,000 tons of iron-based and 3,000 tons of steel-based components [2]. - An investment of 183 million yuan for the development of intelligent mobile robots, with a target of producing 3,000 units annually [3]. Research and Development - 瑞鹄模具 has maintained a strong focus on R&D, with expenses increasing by 23.62% year-on-year in the first three quarters of 2025, totaling 108 million yuan [4][5]. - The company has consistently invested in R&D, with expenditures growing from 79.56 million yuan in 2022 to 108 million yuan in 2025 [5].