---
title: "Ruixiang Intelligent (920178) disclosed investor research information detailing the main business of FPC equipment and the expansion of new businesses"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287541239.md"
description: "Zhuhai Ruixiang Intelligent Technology Co., Ltd. received multiple securities institutions for research on May 22, introducing its main business of FPC equipment and new business expansion. The company stated that it maintains stable cooperation with major clients such as DSBJ and expects its first-quarter performance to be within the anticipated range, while steadily advancing its performance targets for the first half of 2026. In addition, the company's layout in the PCB hardboard equipment field is also continuously developing"
datetime: "2026-05-25T14:56:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287541239.md)
  - [en](https://longbridge.com/en/news/287541239.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287541239.md)
generator: "portal-rs"
---

# Ruixiang Intelligent (920178) disclosed investor research information detailing the main business of FPC equipment and the expansion of new businesses

Zhuhai Ruixiang Intelligent Technology Co., Ltd. received on May 22 at the 16th-floor conference room of its headquarters, Ruixiang R&D Building, and at the production line and first-floor large conference room of its subsidiary, Zhuhai Qichuan Precision Equipment Co., Ltd., institutions such as Guolian Minsheng Securities, Western Securities, Southwest Securities, Zhongtai Securities, Dongxing Securities, GF Fund, Tianfeng Securities, Huayuan Securities, and Ping An Asset Management for on-site visits and specific object research. The company's financial head and board secretary, Wang Wende, participated in this reception activity.

Regarding the composition and stability of the company's downstream customers, the company stated: "The company's downstream customers are mainly leading enterprises in the industry, including DSBJ, Pengding Holdings, Jingwang Electronics, Luxshare Precision, Mektec Group, Sumitomo Electric, Huatong Computer, and Anjieli. In the long-term cooperation process, the company has formed strong business stickiness with major customers, maintaining a high customer repurchase rate, and the cooperative relationship has strong continuity and stability."

Regarding the operating conditions in the first quarter and performance expectations for the first half of the year, the company stated: "The company officially listed on the Beijing Stock Exchange on May 15, 2026, previously being a New Third Board listed company. In the prospectus, the company estimated its operating performance for January to March 2026, and according to the company's subsequent accounting results (unaudited), the actual operating performance in the first quarter is within the expected range." "Regarding the performance expectations for the first half of 2026, the company is currently steadily advancing various businesses according to the operational goals set at the beginning of the year."

Regarding the layout in the PCB hardboard equipment field, the company stated: "The core technologies accumulated by the company in the FPC field, such as precision mechanical structure design, material stress variation control, high-speed high-precision motion control, high-precision visual positioning, and deep learning defect visual inspection, have a high degree of homology with the technologies required for the development of PCB hardboard precision equipment, enabling technology transfer and reuse. In August 2019, the company established a holding subsidiary, Guangdong Guangshun Intelligent Equipment Co., Ltd., focusing on the R&D, production, and sales of PCB hardboard equipment. The developed fully automatic/semi-automatic fusion machine series and laser edge sealing orders amount to approximately 20 million yuan." "In addition, the micro-copper electromechanical developed by the company's subsidiary, Zhuhai Qichuan Precision Equipment Co., Ltd., belongs to the precision production equipment for PCB hardboards. This equipment is not only used for embedding PCB heat dissipation copper blocks but is also currently being developed in cooperation with customers for the application of embedding chips on PCB boards."

Regarding the progress of optical module-related process equipment and automation equipment business, the company stated: "The current large-scale computing power and communication network upgrade construction globally are driving the optical communication industry to maintain high prosperity. As an important component of optical communication facilities, the market demand for optical modules continues to rise, and there is significant market space for corresponding precision processing equipment and automation equipment. As early as last year, when the company's customer DSBJ acquired Solstice Optoelectronics, the company had already begun to organize resources, combining its own development capabilities in high-precision automation equipment to layout and develop intelligent manufacturing equipment for optical modules. So far, automation equipment compatible with the company's PCB/FPC business (such as automated logistics equipment) has received some orders (amounting to several million yuan), and inspection packaging automation equipment is currently in the design and development stage; Other optical module production process equipment (such as mounting, assembly, testing, aging, etc.) is still under development and has not yet reached mass production conditions. Although the company maintains a continuous and deep cooperative relationship with its client Dongshan Precision, and is fully promoting the new equipment business, the types and quantities of equipment that the company can further obtain orders from Sols Optoelectronics are influenced by various factors due to the differences between the optical module business and the company's original electronic circuit board business.

Regarding the progress of expanding into the semiconductor equipment business, the company stated: "(1) The mounting and assembly equipment developed by its subsidiary Qichuan Precision has currently achieved batch shipments, and the equipment performance is stable. (2) For higher precision mounting and assembly equipment, the company's R&D goal is the semiconductor die bonder. So far, the equipment precision has significantly improved compared to the previous 15 microns, and through self-testing, the precision of the die bonder prototype under development has reached 5 microns."

According to Changbi Finance, the company is a high-tech enterprise specializing in the R&D design, production, and sales of intelligent manufacturing equipment. The company focuses on the field of intelligent manufacturing equipment, choosing the intelligent manufacturing equipment field of the FPC industry chain as its development track. After years of operational accumulation, the company has formed a product series of three core process production equipment: precision punching, mounting and assembly, and precision pressing in this field. It also possesses the development capabilities of intelligent manufacturing equipment related to logistics automation, tearing, bending, sorting, packaging, and the ability to provide complete line automation solutions. Currently, the company's intelligent manufacturing equipment types have basically covered the core processes of FPC dry processing, making it one of the few suppliers in the industry that can provide intelligent manufacturing equipment for multiple core processes of FPC and complete line automation solutions

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**