Ruizhi Precision Compressor's September Revenue of 1.269 Billion Yuan
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In addition to compressors used in air-conditioning, Ruizhi has more compressors for dryers this year, mainly for exporting to European brand manufacturers. The newly-launched commercial heat pump water heaters will be dominated by the cross-strait market and will become the three main revenue drivers in the future.
Ruizhi Precision consolidated revenue of RMB 12.521 billion in September, an increase of 34.88% year-on-year. Rui Zhi stated that even in the second quarter of September, Rui Zhi’s production rate interest rate was as high as 90%, mainly from the orders of the five major air-conditioning plants in the mainland, and the increase in orders of Japan’s strategic partners for Sharp’s production of air-conditioning products next year. In preparation for the September revenue, there was a significant increase over the same period of last year.