Group 1 - The company, Ruihu Mould (002997), has indicated that over 20% of its total employees are engaged in research and development [1] - The company has established partnerships for industry-university-research collaboration with several universities, including Hefei University of Technology, Huazhong University of Science and Technology, Anhui University of Engineering, and University of Science and Technology of China [1]

Core Viewpoint - The company, Ruihu Mould (002997), emphasizes its core advantages in the new energy sector, highlighting its forward-looking layout, high-precision technical barriers, and integrated service capabilities in "equipment + components" [1] Group 1: Company Advantages - The company focuses on the new energy track, which provides a strategic advantage over traditional peers [1] - It possesses a strong market-oriented capability as an independent supplier [1] - The company has made breakthroughs in lightweight die-casting and intelligent manufacturing, establishing a closed-loop ecosystem that includes mould design and integrated welding lines to supply integrated die-cast parts [1] Group 2: Technical and Operational Strengths - The technical universality and capacity reuse of the company are significantly better than the industry average [1]

Core Viewpoint - The company is actively engaging in research and development of new technologies and applications, particularly in digitalization and AI, to enhance its products and technologies [1] Group 1 - The company is arranging for relevant technical R&D personnel to study and research new technologies and examples [1] - The company is collaborating with external research institutions and technology companies to promote the application of cutting-edge technologies [1] - The goal is to empower the company's products and technologies through these advancements [1]

2026年02月06日，瑞鹄模具披露接待调研公告，公司于02月06日接待睿远基金、国泰海通证券、开源证 券等3家机构调研。 瑞鹄模具（002997）最新股价为 34.77元，与前一交易日收盘价持平，总市值72.78亿元。从行业市盈率 来看，瑞鹄模具所处的汽车零部件行业滚动市盈率平均56.51倍，行业中值41.00倍，瑞鹄模具16.08倍排 名第10位。 天眼查资料显示，瑞鹄汽车模具股份有限公司成立于 2002年03月15日，是一家以从事专用设备制造业 为主的企业。截至2026年01月30日，瑞鹄模具股东户数24042户，较上次减少1358户，户均持股市值 30.27万元，户均持股数量0.87万股。 参与此次调研的睿远基金是一家以价值投资、研究驱动和长期投资风格为主的长期价值投资机构，聚焦 于权益投资和固定收益投资领域。截至目前，管理基金数量5只，其中睿远成长价值混合A最新单位净 值为1.9237，近一年增长66.96%。 调研情况显示，瑞鹄模具针对投资者关注的可转债募投项目进行了详细说明，公司表示三个募投项目分 别为"中高档乘用车大型精密覆盖件模具智能制造升级扩产项目"、"大型精密覆盖件模具关键材料智能 增材 ...

Group 1 - The company, Ruihu Mould, reported a high capacity utilization rate, with some production lines fully loaded [1] - The company has a sufficient order backlog and has established stable partnerships with core customers [1] - Clear market demand provides a solid foundation for the digestion of new production capacity [1]

Group 1: Investment and Production Capacity - The convertible bond fundraising project aims to upgrade and expand the production capacity of large precision stamping molds for mid-to-high-end passenger vehicles, targeting an annual production of 180 sets once fully operational [2] - The project "Intelligent Additive Manufacturing of Key Materials for Large Precision Molds (Phase I)" is expected to achieve an annual output of 36,000 tons of iron-based and 3,000 tons of steel-based precision forming equipment blanks [2][3] Group 2: Robotics and Automation - The company plans to develop 3,000 intelligent mobile robots and surrounding intelligent manufacturing system solutions annually, enhancing competitiveness and brand influence [3] - Intelligent collaborative robots are currently applied in automotive manufacturing and general industrial fields, with ongoing development of high-end collaborative robots in partnership with Yaskawa Electric [3][4] Group 3: Market and Cost Management - The company has a robust order backlog, with high capacity utilization rates, ensuring sufficient demand to absorb new production capacity [4] - Rising raw material prices have a limited impact on the company, which actively manages costs through supplier agreements and price adjustment mechanisms [3][4] Group 4: Research and Development - Over 20% of the company's workforce is dedicated to R&D, with collaborations established with several universities for joint research projects [4] - The company is focused on enhancing its product mix and cost control to improve gross margins, leveraging new technologies and innovations [3][4] Group 5: Competitive Advantages - The company differentiates itself through a forward-looking focus on the new energy sector, high-precision technology barriers, and an integrated service capability that combines equipment and components [4] - The company is actively adapting to industry technological changes, including digital transformation and AI applications, through partnerships with research institutions [4]

证券日报网讯 2月5日，瑞鹄模具在互动平台回答投资者提问时表示，公司IPO募投项目主要是为了扩充 覆盖件模具和自动化产线业务产能，前次可转债募投项目为了提升轻量化车身覆盖件模具智能制造能 力；公司提倡积极稳定可持续的分红举措，已按照相关法律法规及《公司章程》规定的利润分配政策， 积极进行分红，以实际行动回报投资者。 （文章来源：证券日报） ...

证券日报网讯2月5日，瑞鹄模具（002997）在互动平台回答投资者提问时表示，截至2026年1月30日最 新下发股东名册人数为24042户。 ...

证券日报网讯 2月5日，瑞鹄模具在互动平台回答投资者提问时表示，公司积极关注大宗材料价格走 势，并采取相关措施积极应对原材料价格波动，控制各项业务综合成本保持合理区间；同时积极推进各 类新技术、新工艺的研发应用，以提升公司综合竞争能力。 （文章来源：证券日报） ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The automotive sector is experiencing a significant shift with the introduction of Tesla's Robotaxi strategy, focusing on a dual-seat Cybercab to address 90% of travel scenarios [5][13] - Tesla has disclosed that approximately 1.1 million Full Self-Driving (FSD) paid users account for about 12% of its total vehicle sales, with a year-on-year growth of 38% [14] - The Shanghai government has introduced a subsidy for replacing old vehicles with new energy vehicles, offering an 8% subsidy on the purchase price, capped at 15,000 yuan [14] - The National Energy Administration plans to establish 28 million charging facilities by the end of 2027, expected to drive over 200 billion yuan in investments [15] - The global humanoid robot shipment is projected to increase by 508% in 2025, with Chinese manufacturers leading the market [20][22] Market Performance - The automotive sector underperformed the market, with the A-share automotive index declining by 4.67%, ranking 29th among primary industries [6][25] - The passenger vehicle index fell by 1.84%, while the commercial vehicle index decreased by 1.21% [6] - The automotive parts index saw a decline of 6.82%, with various segments experiencing different levels of performance [6] Investment Recommendations - For passenger vehicles, there is an unexpected demand in the domestic high-end luxury market, with recommendations for Jianghuai Automobile and Seres, while Geely Automobile is identified as a beneficiary [7] - In the automotive parts sector, profitability is expected to improve, with recommendations for Desay SV, Zhejiang Xiantong, Meili Technology, and others, while Weichai Power and others are seen as beneficiaries [7]