Rifa Precision Machinery was established on December 28, 2000 and listed on the Shenzhen Stock Exchange on December 10, 2010. Its registered address and office address are both in Xinchang County, Zhejiang Province.
The company is a leading provider of intelligent manufacturing equipment and services in China. Its core business covers digital intelligent machine tools, aerospace intelligent equipment and related services, and has advantages across the entire industry chain.
Rifa Precision Machinery is mainly engaged in the development and services of digital intelligent machine tools and production lines, aerospace intelligent equipment and production lines, intelligent manufacturing production management system software, as well as aerospace parts processing, aviation MRO, ACMI and aircraft leasing and sales and other operational services, forming a comprehensive business system of high-end intelligent manufacturing equipment and services, aviation operations and services.
The industry that Shenwan belongs to is mechanical equipment – general equipment – machine tools, and the concept section includes low-price, digital economy, and Airbus concepts.
Operating performance: ninth in the industry in revenue and last in net profit
In 2025, Rifa Precision Machinery’s operating income will be 1.175 billion yuan, ranking 9/19 in the industry.
Qinchuan Machine Tool ranked first in the industry with revenue of 4.09 billion yuan, and Shenyang Machine Tool ranked second with revenue of 3.738 billion yuan. The industry average was 1.538 billion yuan, and the median was 1.073 billion yuan.
Among the main business components, the machinery and parts manufacturing industry accounted for 70.62% with 830 million yuan, the aerospace service industry accounted for 292 million yuan, accounting for 24.85%, and the aerospace manufacturing industry accounted for 53.2381 million yuan, accounting for 4.53%.
The net profit was -209 million yuan, ranking 19/19 in the industry. The first place in the industry, Haitian Precision, had a net profit of 430 million yuan, and the second place, Qiao Feng Intelligent, had a net profit of 347 million yuan. The industry average was 98.4353 million yuan, and the median was 59.518 million yuan.
The asset-liability ratio is higher than the industry average, and the gross profit margin is lower than the industry average
In terms of solvency, the asset-liability ratio of Rifa Precision Machinery in 2025 is 84.90%, which is higher than the 84.14% in the same period last year, and much higher than the industry average of 44.51%.
In terms of profitability, the company’s gross profit margin in 2025 will be 6.71%, a significant decrease from 17.19% in the same period last year and lower than the industry average of 27.16%.
Chairman Wu Jie’s salary is 601,800 yuan, a year-on-year increase of 310,500 yuan
The company’s controlling shareholder is Zhejiang Rifa Holding Group Co., Ltd., and the actual controllers are Wu Jie, Wu Nan, and Wu Liangding.
Chairman and President Wu Jie, Chinese nationality, born in October 1967, is a senior economist.
He graduated from China University of Political Science and Law in 1989, majoring in economic law, and received a bachelor’s degree in law. In 2003, he studied on-the-job postgraduate studies in finance at the School of Economics of Peking University. In 2005, he studied in the CEO course of China Europe International Business School. He currently serves as the chairman and general manager of Zhejiang Rifa Precision Machinery Co., Ltd., and the chairman of Zhejiang Rifa Holding Group Co., Ltd.
He once served as CEO and President of Zhejiang Rifa Holding Group Co., Ltd. and won many honorary titles.
The salary in 2025 will be 601,800, an increase of 310,500 from 291,300 in 2024.
The number of A-share shareholders decreased by 0.33% from the previous period
As of December 31, 2025, the number of A-share shareholders of Rifa Precision Machinery was 80,400, a decrease of 0.33% from the previous period; the average number of circulating A shares held by each household was 8922.94, an increase of 0.33% from the previous period.
As of March 31, 2026, among the company’s ten largest tradable shareholders, Hong Kong Securities Clearing Company Limited ranked as the fourth largest tradable shareholder, holding 4.4248 million shares, a decrease of 723,900 shares compared with the previous period.
Cathay CSI Machine Tool ETF (159667) ranks as the tenth largest tradable shareholder, holding 1.5758 million shares, and is a new shareholder.
Taken together, Rifa Precision Machinery’s operating conditions are facing many challenges in 2025. Although its revenue is of a certain scale, it ranks in the middle, with serious net profit losses, high asset-liability ratio and low gross profit margin.
However, the company still has a certain business foundation in the fields of intelligent manufacturing and aviation services. In the future, it will need to make efforts to improve profitability and optimize financial structure to improve operating conditions and enhance its competitiveness in the industry.
