Ruiming Technology (002970.SZ): The front-end sales revenue in the first quarter nearly doubled year-on-year, and the front-end assembly business is about to enter a rapid growth trajectory

Gelonghui Finance · May 29 19:48

Gelonghui, May 30, 丨 Ruiming Technology (002970.SZ) revealed that the company attaches great importance to the front-end business. Front-fitting is the only product line managed by the company in the form of a division. It has independent sales, R&D and other resources, and has an outstanding strategic position. While the commercial vehicle front assembly market is still dominated by rear assembly, the company's revenue from the front assembly business is still low. In 2023, front-end revenue was only over 40 million yuan, accounting for less than 3% of sales, but revenue more than doubled year-on-year; in the first quarter of this year, front-end revenue was nearly 62 million yuan, nearly doubling the year-on-year increase, and the front-end equipment business is about to enter a rapid growth trajectory. The company's many European standard products have obtained strict European standard certification, and the company has obtained European standard cooperation with many mainstream domestic automakers. Around the second quarter of this year, with the implementation of European standards in Europe, the company's front-end assembly business will enter the European market with mainstream domestic car manufacturers to achieve exports. Some European standard orders are already being delivered. Furthermore, the company has already achieved the designation of two OEMs at the former vehicle loading factory in Turkey. At the same time, we have learned that many places such as Japan and Mexico currently use European standards as standards, and will simultaneously promote the development of domestic European standard business in the form of regulations, etc., which will lay a more solid foundation for the company to open up the overseas front equipment market.

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锐明技术(002970.SZ)：一季度前装收入同比增长接近一倍 前装业务即将进入快速增长轨道

Ruiming Technology (002970.SZ): The front-end sales revenue in the first quarter nearly doubled year-on-year, and the front-end assembly business is about to enter a rapid growth trajectory

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锐明技术(002970.SZ)：一季度前装收入同比增长接近一倍前装业务即将进入快速增长轨道