RIFA PM(002520)2024-11-11 08:52Group 1: Company Overview - Zhejiang Rifa Precision Machinery Co., Ltd. is actively engaging with various investors and analysts through roadshows and meetings [1][2]. - The company has a strong market presence in the bearing manufacturing equipment sector, ranking among the top suppliers in China [3]. Group 2: Product Development - The CNC thread grinding machine was completed in 2023, aimed at industries such as new energy vehicles and humanoid robots, achieving high efficiency and precision [2][3]. - As of mid-2024, the company has made progress in market expansion and has established strategic partnerships with several clients [3]. Group 3: Financial Performance and Strategies - The company is focused on improving its financial performance to recover from previous losses by adjusting product structure and enhancing high-margin product development [4]. - Legal actions have been initiated against the controlling shareholder for failing to fulfill performance compensation obligations, with a court ruling requiring the transfer of 50 million shares back to the company [4][5].