RIFA PM(SZ:002520)2023-09-16 08:20Group 1: Company Overview - Zhejiang Rifa Precision Machinery Co., Ltd. has a strong capability in independently developing high-precision, high-rigidity CNC machine tools and core components such as electric spindles and tool changers [3] - The company has continuously developed in the high-end CNC machine tool sector since its establishment, especially after integrating MCM, enhancing its product and technology advantages [3][4] Group 2: Product Development - Rifa has launched new products in 2023, including CNC thread grinding machines, which are designed for precision grinding of external and internal threads [4] - The CNC thread grinding machines are currently in the trial grinding stage and have not yet been put into production, with market prospects dependent on industry development [4] Group 3: Business Performance - In the first half of the year, the company maintained good cooperation with leading enterprises in various downstream industries, achieving dual growth in business scale and profitability despite a challenging macroeconomic environment [5] - The company has implemented lean production and management innovations to optimize operations and enhance market competitiveness [5]