Cinda Securities: Strengthening the certainty of white goods through trade-ins and embracing highly elastic Consumer options.
Under the promotion of the old-for-new subsidy policy, outdated home appliances in China may enter an accelerated scrapping phase, with the actual scrapping rate of Air Conditioners and Refrigerators expected to increase significantly.
Rujing Technology (301525.SZ): Relevant technology can be applied to Datacenter power management products.
On January 10, Gelonghui reported that Rujing Technology (301525.SZ) stated on the investor interaction platform that the "company's digital power and electrical power conversion Hardware platform" mainly refers to the hardware technology platform independently developed by the company, with the related hardware technology applied to the main Business products such as variable frequency drives and system controllers in HVAC and refrigeration, New energy Fund thermal Management, and servo fields. The related technology can be applied to Datacenter power management products, but the company has not yet engaged in this specific business area.
Rujing Technology (301525.SZ): Products in the humanoid robot field are currently in the research and development stage.
On January 10, Gelonghui reported that Siasun Robot&Automation (301525.SZ) stated on the investor interactive platform that its humanoid robot products are currently in the research and development stage, and no related commercial products have been launched yet, thus no direct benefits have been generated.
Express News | CITIC SEC: The year of mass production for Optimus is expected to inject strong confidence into the humanoid robot Sector.
Rujing Technology (301525.SZ): The company has already made arrangements in Thermal Management for Datacenter with a currently small market share.
On December 24, Gelonghui reported that Rujing Technology (301525.SZ) stated on the investor interactive platform that the company has already laid out products in the Datacenter Thermal Management sector, but its current market share is relatively small.
The application of RuJing Technology (301525.SZ) HVAC/R products in the ice and snow industry depends on the application scenarios of the end customers.
On December 19, 2023, Gelonghui reported that Rujing Technology (301525.SZ) stated on the investor interaction platform that the company's products in the HVAC/R field mainly include Air Conditioner system controllers and variable frequency drives, heat pump system controllers and variable frequency drives, as well as refrigeration system controllers and variable frequency drives, dedicated to providing downstream customers with application solutions for variable frequency energy savings and Asia Vets control integrated products. Whether the company's HVAC/R products can be applied in the ice and snow industry depends on the application scenarios of end customers.
Confucian Competition Technology (301525.SZ): Currently, no research and production of screw rod products has been developed.
On December 11, Gelonghui reported that Rujing Technology (301525.SZ) stated on the investor interaction platform that the company has not yet developed and produced screw rod products.
Ruking Technologies to Build Thai Production Base for 226 Million Yuan
RuJing Technology (301525.SZ): plans to use part of the over-raised funds and its own funds to invest in the construction of a new project in Thailand
Gelonghui, November 20: Rujing Technology (301525.SZ) announced that the company plans to invest in the construction of a new project in Thailand using excess募集 funds and its own funds. The total planned investment amount for the first phase of this project is 225.98 million yuan (or equivalent foreign currency), and the final total investment amount for the project will be subject to actual investment, of which 200.98 million yuan (or equivalent foreign currency) is expected to come from excess募集 funds, and 25 million yuan (or equivalent foreign currency) from its own funds. The total funds required for this project will be invested by the company to establish Rujing Thailand and increase its capital.
Express News | Confucian Competition Technology: 0.226 billion yuan investment in new project in Thailand.
Ru Jing Technology (301525.SZ): The products in the field of humanoid robots are in the research and development stage, with no commercial products launched yet.
Gelonghui, November 7th | Ru Jing Technology (301525.SZ) stated on the investor interaction platform that the company's humanoid robot products are in the research and development stage, with no commercial products landing yet. The goals set for the company's related technology research and development projects are challenging, requiring continuous design optimization, validation, manufacturing, and performance testing based on feedback from potential customers.
RuJing Technology (Stock Code: 301525) Third Quarter Report in 2024: Performance meets expectations, heat pump inventory may have bottomed out.
In Q1-3 24, the revenue decreased by 16% year-on-year, the net income attributable to the parent company decreased by 26% year-on-year, and the performance met market expectations. The company's revenue in Q1-Q3 24 was 1.01 billion yuan, a year-on-year decrease of 15.9%, with a net income attributable to the parent company of 0.15 billion yuan, year-on-year.
Ru Jing Technology (Stock Code: 301525): Operation under pressure, bullish on the recovery of heat pump demand
Event: The company released the third quarter report of 2024. In the first three quarters of 2024, the company achieved revenue of 1.012 billion yuan, a year-on-year decrease of 15.92%, net income attributable to mother of 0.149 billion yuan, a year-on-year decrease of 25.71%, excluding non-recurring items
Confucian competition technology (301525): European inventory dropped to a low level, heat pump controllers are expected to continue to warm up.
European heat pump inventory levels have dropped to a low point, with the expectation of a continuous recovery as the company releases its third quarter report for 2024. In the first three quarters of 2024, the company achieved revenue of 1.01 billion yuan, a year-on-year decrease of 16%, and achieved a net profit attributable to shareholders of 0.15 billion yuan, a year-on-year decrease of
Rujing Technology: Report for the third quarter of 2024
Ru Jing Technology (301525.SZ) released its performance for the first three quarters, with a net income of 0.149 billion yuan, a year-on-year decrease of 25.71%.
Ru Jing Technology (301525.SZ) disclosed the third quarter report for 2024, achieving revenue of 10...
Rujing Technology (301525): Variable frequency energy-saving control as the foundation, adding wings to the automotive and industrial control.
Investment highlights cover Ru Jing Technology (301525) for the first time, with a outperform rating and a target price of 60.00 yuan. Based on the PE valuation method, it corresponds to 25.0/19.1x for 2024/25, and the company is a leader in thermal management controllers.
Ru Jing Technology (301525): The heat pump destocking or approaching the end, and the continuous high growth of electric vehicles.
Deeply cultivating the heat pump controller field, the performance is below expectations. The company was established in 2003, focusing on the drive & control products in the field of electrical electronics technology, and laying out heating, ventilation, and air conditioning (HVAC) as well as refrigeration equipment, and thermal management for electric vehicles.
RuJing Technology (301525): The end of the European heat pump destocking, the datacenter fan frequency converter for commercial air conditioner increment.
The company's heat pump controllers may rebound, and the data center's fan frequency controllers open up additional space for commercial air conditioner. The company's main products are variable frequency drives and system controllers. Heat pumps and commercial air conditioners are the company's core business areas. 2020-2022
Ru Jing Technology (301525): Continuous layout in the field of automation, with the heating pump business expected to hit the bottom and rebound.
Event: The company has released its 2024H1 report. The company achieved revenue of 0.658 billion yuan, a decrease of 16% year-on-year; net income attributable to shareholders was 0.094 billion yuan, a decrease of 19% year-on-year; achieving non-GAAP net income attributable to shareholders of 0.078 billion yuan.