Core Viewpoint - Fuyao Group, a leading automotive glass manufacturer, emphasizes its commitment to quality and innovation while also investing in education through the establishment of Fuyao University, aiming to cultivate talents beneficial to society and the nation [5][7][12]. Group 1: Fuyao Group's Business Strategy - Fuyao Group is the largest automotive glass manufacturer globally, producing one-third of the world's automotive glass [5]. - The company focuses on a single industry, automotive glass, and aims to continuously improve its products through scientific research and innovation [17][19]. - Fuyao Group has adopted new technologies such as big data and artificial intelligence to enhance production efficiency and reduce costs, while remaining committed to its core business [18][19]. Group 2: Fuyao University - Fuyao University was established as a non-profit institution with the goal of nurturing talents that contribute positively to society [7][12]. - The company has committed to donating 10 billion yuan for the university's establishment, with 4.3 billion yuan already spent as of August 31 [12]. - The university's operational model involves delegating management to experienced professionals, ensuring a focus on quality education rather than profit [12][14]. Group 3: Educational Philosophy and Student Development - The university aims to provide a holistic education, with a focus on general education in the first two years and specialized training in the latter years [14]. - The first cohort consists of only 50 students to ensure high-quality training, with plans to expand capacity in the future [14]. - Fuyao Group emphasizes practical experience, encouraging students to engage with the industry and providing internship opportunities with various enterprises [14]. Group 4: Corporate Social Responsibility and Philanthropy - Fuyao Group's philanthropic efforts are primarily directed towards education, with a vision of fostering social harmony and stability [25]. - The company maintains a competitive salary structure for its employees, with an average monthly salary of around 10,000 yuan, while also providing support for employees facing hardships [26][27]. - The founder believes in the importance of responsible corporate governance and maintaining a clear relationship with government entities [29].

Core Viewpoint - Fuyao Group, a leading automotive glass manufacturer, emphasizes the importance of education and social responsibility through the establishment of Fuyao University, aiming to cultivate talents beneficial to society and the nation [2][23]. Group 1: Fuyao University Establishment - The university was founded not for profit but to fulfill a social responsibility, with an investment of 10 billion yuan, of which approximately 4.3 billion yuan has been spent as of August 31 [3][2]. - The university's operational model involves delegating authority to a professional team led by President Wang Shuguo, focusing on quality education rather than merely expanding enrollment [4][6]. - The first cohort consists of only 50 students to ensure high-quality training, with a low tuition fee of 5,600 yuan per year [6][7]. Group 2: Educational Philosophy - The university aims to provide a comprehensive education in the first two years, followed by specialized training in fields such as Intelligent Manufacturing Engineering and Computer Science [6][8]. - Fuyao Group emphasizes the importance of self-reliance and personal responsibility among students, treating them as part of the family [7][8]. Group 3: Traditional Industry and Technology - Fuyao Group believes that traditional industries must embrace new technologies to enhance efficiency and reduce costs, using tools like big data and AI without deviating from their core business [12][13]. - The company has maintained its focus on automotive glass manufacturing, achieving global leadership in efficiency, production, and technology [15][11]. Group 4: Entrepreneurial Insights - The company advises against immediate entrepreneurship for graduates, suggesting they gain practical experience first before deciding to start their own businesses [19]. - The qualities of a successful entrepreneur include a broad knowledge base, strong professional skills, and a commitment to social responsibility [20][21]. Group 5: Corporate Social Responsibility - Fuyao Group engages in charitable activities, particularly in education, aiming for social harmony and stability [23]. - The company maintains competitive salaries for its employees while also providing support for those in need, ensuring a balance between employee welfare and business sustainability [24][25]. Group 6: Government and Business Relations - Fuyao Group advocates for a clear and respectful relationship between government and business, emphasizing legal compliance and ethical conduct [26].

Core Viewpoint - Fuyao Group is a leading player in the global automotive glass market, with one-third of the world's automotive glass produced by the company. The founder, Cao Dewang, emphasizes the importance of education and has invested significantly in establishing Fuyao University to cultivate talent beneficial to society and the nation [1][2]. Group 1: Fuyao University Establishment - Fuyao University was founded with a vision to create a non-profit institution focused on high-quality education rather than competition for prestige [3]. - The company has committed to donating 10 billion yuan, with approximately 4.3 billion yuan already spent by August 31 of this year. The government has provided land and annual funding support [4]. - The university's operational model involves delegating authority to a professional team led by President Wang Shuguo, ensuring that education is managed by experts [5]. Group 2: Educational Philosophy and Structure - The university has a designed capacity of 16,000 students but only enrolled 50 in its first year to ensure quality education. Tuition is set at 5,600 yuan per year [6]. - The curriculum includes general education in the first two years, followed by specialized education in fields such as Intelligent Manufacturing Engineering and Computer Science [6]. - The university aims to prepare students for real-world challenges, encouraging them to engage with society rather than remain confined to classrooms [7]. Group 3: Traditional Industry and Innovation - Fuyao Group's success is attributed to its commitment to embracing new technologies and continuous product innovation, which is essential for maintaining a competitive edge in the automotive glass sector [12][14]. - The company utilizes automation and AI as tools to enhance production efficiency while remaining focused on its core business of automotive glass manufacturing [15]. - Cao Dewang believes that traditional industries must adapt to new technologies to improve operational efficiency and reduce costs [14]. Group 4: Entrepreneurial Insights and Future Outlook - Cao Dewang expresses confidence in the future of private enterprises in China, suggesting that while challenges exist, they are temporary and part of a natural growth process [21]. - He advises young entrepreneurs to gain practical experience before starting their own businesses, emphasizing the importance of understanding the market and personal capabilities [24]. - The company maintains a competitive salary structure for its employees, with an average monthly wage of 10,000 yuan, while also providing support for employees in need [34].

Core Viewpoint - Fuyao Group, a leading automotive glass manufacturer, emphasizes the importance of education and social responsibility through the establishment of Fuyao University, aiming to cultivate talents beneficial to society and the nation [3][4][26]. Group 1: Fuyao University Establishment - Fuyao University was founded with a focus on high-quality education rather than profit, with an initial investment of 10 billion yuan, of which approximately 4.3 billion yuan has been spent as of August 31 this year [4][8]. - The university has a capacity for 16,000 students but only admitted 50 students in its first year to ensure quality education [8]. - The tuition fee is set at 5,600 yuan per student per year, and the university operates on a non-profit basis [8]. Group 2: Educational Philosophy and Structure - The university's curriculum includes general education in the first two years, followed by specialized education in the last two years, allowing students to choose their majors based on interests [8]. - Fuyao University employs a dual-teacher system, combining academic instructors with industry professionals to enhance practical learning opportunities [8]. - The company expresses a commitment to supporting the employment of graduates, with many well-known enterprises willing to assist in job placements [8][10]. Group 3: Fuyao Group's Business Strategy - Fuyao Group has become the world's largest automotive glass manufacturer by focusing solely on automotive glass and continuously embracing new technologies to improve production efficiency [13][15]. - The company avoids engaging in "involution" or excessive competition, instead concentrating on strengthening its core business and maintaining a responsible approach to social contributions [19][20]. - Fuyao Group's success is attributed to its commitment to innovation and adapting to market demands while maintaining a strong ethical foundation [17][19]. Group 4: Entrepreneurial Insights - The company believes that entrepreneurs should possess a sense of responsibility and contribute positively to society, aligning business success with national and social progress [26]. - The founder emphasizes the importance of practical experience for young entrepreneurs, advising them to gain operational knowledge before starting their own ventures [24][25]. - Fuyao Group maintains a competitive salary structure for its employees, with an average monthly wage of around 10,000 yuan, while also providing support for employees facing hardships [28][29].

Core Viewpoint - The interview with Cao Dewang emphasizes the importance of nurturing talent that benefits the nation and society, highlighting the establishment of Fuyao University as a non-profit initiative aimed at high-quality education rather than profit [2][3]. Funding and Investment - Cao Dewang announced a donation of 10 billion yuan for the establishment of Fuyao University, with approximately 4.3 billion yuan already spent by August 31 of this year. The government has provided land and annual funding support, while social donations exceed 100 million yuan [3][5]. Operational Model - Fuyao University is managed by a professional team led by President Wang Shuguo, focusing on high-quality education rather than profit generation. The university has a low initial enrollment of 50 students to ensure quality, with a tuition fee of 5,600 yuan per year [5][6]. Educational Approach - The university offers a two-phase education system: general education in the first two years and specialized education in the last two years. Students can choose their majors based on interests and career plans, with support from industry for internships and job placements [5][6]. Industry Perspective - Cao Dewang stresses the need for traditional industries to embrace new technologies to enhance efficiency and reduce costs, advocating for continuous innovation and product iteration as key to maintaining a competitive edge [8][9]. Future of Private Enterprises - The outlook for private enterprises in China is optimistic, with expectations for growth and improvement despite current challenges. Cao Dewang likens the development of private enterprises to the growth of a child, indicating that difficulties are a natural part of the process [9][10]. Entrepreneurial Advice - Young entrepreneurs are advised to gain practical experience before starting their own businesses, emphasizing the importance of understanding their motivations and capabilities [11]. Qualities of Modern Entrepreneurs - Modern entrepreneurs should possess a broad knowledge base, strong professional skills, and a commitment to social responsibility. They are expected to contribute positively to society and the nation [12].

Core Viewpoint - A total of 19 A-shares are undergoing equity registration today, with notable dividend distributions from Fuyao Glass, Jiangzhong Pharmaceutical, and Zhongji Xuchuang [1] Group 1: Dividend Distribution - Fuyao Glass is distributing a dividend of 9.00 CNY per 10 shares [1] - Jiangzhong Pharmaceutical is distributing a dividend of 5.00 CNY per 10 shares [1] - Zhongji Xuchuang is distributing a dividend of 4.00 CNY per 10 shares [1]

Core Viewpoint - Fuyao Group is a leading player in the global automotive glass market, with one-third of the world's automotive glass produced by the company. The founder emphasizes the importance of education and innovation in traditional manufacturing for high-quality development [1][10]. Group 1: Education Initiatives - Fuyao Group has established Fuyao University, a non-profit institution, aiming to cultivate talents beneficial to society and the nation. The founder's intention is not for profit but to contribute to education [3][4]. - The company has committed to donating 10 billion yuan, with approximately 4.3 billion yuan already spent by August 31. The government has provided land and annual funding support [4]. - The university has a capacity for 16,000 students but only enrolled 50 in its first year to ensure high-quality education. Tuition is set at 5,600 yuan per year [6]. Group 2: Business Strategy and Innovation - Fuyao Group focuses solely on automotive glass manufacturing, leveraging new technologies like automation and AI to enhance production efficiency and reduce costs [11][12]. - The company avoids "involution" in competition by concentrating on its core business and maintaining a responsible approach to industry practices [15]. - The founder believes that traditional industries must embrace new technologies to remain competitive and relevant in the market [11][10]. Group 3: Future Outlook and Entrepreneurial Advice - The future of private enterprises in China is viewed as promising, with the need for continuous improvement and adaptation to challenges [16]. - For aspiring entrepreneurs, the founder advises gaining practical experience before starting a business, emphasizing the importance of understanding one's capabilities and market needs [19][20]. - The concept of "entrepreneurship" is linked to social responsibility, with a focus on contributing positively to society and the economy [21].

Core Viewpoint - The report highlights a decline in China's tempered glass production, indicating a challenging market environment for the industry from 2025 onwards [1] Industry Summary - According to the National Bureau of Statistics, the production of tempered glass in China for August 2025 was 0.4 million square meters, representing a year-on-year decrease of 5% [1] - Cumulatively, from January to August 2025, the total production of tempered glass reached 3.4 million square meters, which is a decline of 9.4% compared to the previous year [1] - The report from Zhiyan Consulting provides insights into the supply and demand dynamics of the tempered glass industry in China from 2025 to 2031, suggesting a need for strategic adjustments by industry players [1] Company Summary - Listed companies in the tempered glass sector include Qibin Group (601636), Nanshan Glass A (000012), Fuyao Glass (600660), Jinjing Technology (600586), Kaisheng New Energy (600876), Yaopi Glass (600819), Shandong Pharmaceutical Glass (600529), and Yamaton (002623) [1]

Core Viewpoint - The Chinese laminated glass industry is projected to experience growth, with a reported production increase of 6.6% year-on-year in August 2025, reaching 14.43 million square meters [1]. Group 1: Industry Overview - The cumulative production of laminated glass in China from January to August 2025 is reported at 106.105 million square meters, also reflecting a year-on-year growth of 6.6% [1]. - The report by Zhiyan Consulting outlines the market status and development trends of the laminated glass industry in China from 2025 to 2031 [1]. Group 2: Key Companies - Listed companies in the laminated glass sector include Qibin Group (601636), Nanshan Glass A (000012), Fuyao Glass (600660), Jinjing Technology (600586), Kaisheng New Energy (600876), Yaopi Glass (600819), Shandong Pharmaceutical Glass (600529), and Yamaton (002623) [1].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 曹德旺 董事長 中國福建省福州市 2025年9月30日 （股份代號：3606） 董事局會議召開日期 福耀玻璃工業集團股份有限公司（「本公司」）董事局（「董事局」）謹此 宣布，董事局將於二零二五年十月十六日（星期四）舉行董事局會議，以考 慮及通過（包括其他事項）本公司及其附屬公司截至二零二五年九月三十日 止的九個月的季度業績。 承董事局命 福耀玻璃工業集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 於 本 公 告 日 期 ， 本 公 司 董 事 局 成 員 包 括 執 行 董 事 曹 德 旺 先 生 、 曹 暉 先 生 、 葉 舒 先 生、陳向明先生及張海燕女士；非執行董事吳世農先生及朱德貞女士；獨立非執行 董事 LIU XIAOZHI( 劉小稚 ) 女士、程雁女士、薛祖雲先生及達正浩先生。 ...