RIFA PM(SZ:002520)2024-09-11 06:41Group 1: Company Overview - Zhejiang Rifa Precision Machinery Co., Ltd. has established a strong market position in the bearing manufacturing equipment sector, becoming a key supplier for internationally renowned companies [2][3] - The company aims to become a benchmark enterprise in the intelligent manufacturing field by focusing on core business growth and market leadership [3] Group 2: Product Development - The CNC thread grinding machine was completed in 2023, designed for industries such as new energy vehicles and humanoid robots, achieving high efficiency and precision [3] - As of now, the company has delivered CNC grinding equipment for screw rods and nuts to several clients, with ongoing strategic cooperation discussions [3] Group 3: Future Outlook - With ongoing national industrial policies, domestic machine tools are expected to gradually replace imports, leading to a new development cycle for related industries [4] - The company plans to deepen its strategic layout in niche markets and increase R&D investment to enhance product innovation and core competitiveness [4] Group 4: Airwork Company Strategy - Airwork will adjust its operational strategy by disposing of assets to control overall business risks, focusing on high-end equipment manufacturing [4] - The aviation operations segment of Airwork has been affected by political conflicts, with five aircraft still detained in Russia, leading to a contraction in its fixed-wing leasing business [4] Group 5: Legal Matters - The company filed a lawsuit in June 2023 against its controlling shareholder for failing to fulfill performance compensation obligations, with the case currently under review by the Hangzhou Intermediate People's Court [4][5]