Group 1 - The company announced that CFO Xiao Xuedong reduced his holdings by 389,000 shares from June 24 to September 9, accounting for 0.0390% of the total share capital [1] - Director and General Manager Hu Junqiang sold 130,000 shares on September 9, representing 0.0130% of the total share capital [1] - Executive Vice President He Yi reduced his holdings by 200,000 shares from September 8 to September 9, which is 0.0201% of the total share capital [1]

Core Viewpoint - Fujian Furong Technology Co., Ltd. is actively managing its operational risks through the implementation of hedging strategies and corporate governance changes, which may impact its financial stability and market position. Group 1: Stock Performance - As of September 5, 2025, Furong Technology's stock closed at 10.06 yuan, down 1.57% from the previous week's 10.22 yuan. The stock reached a weekly high of 10.5 yuan on September 1 and a low of 9.65 yuan on September 4. The company's current market capitalization is 10.035 billion yuan, ranking 37th out of 90 in the consumer electronics sector and 1829th out of 5152 in the A-share market [1]. Group 2: Hedging Business Announcement - The wholly-owned subsidiary, Fujian Furongyuan Recycling Resources Development Co., Ltd., plans to engage in aluminum futures hedging to mitigate raw material price volatility, with a maximum investment of 4.8 million yuan sourced from its own funds. The trading will occur on the Shanghai Futures Exchange, with the authorization valid until December 31, 2025. The company has established management protocols to prevent speculative trading, focusing solely on hedging operations aligned with its production needs [2][3]. Group 3: Corporate Governance Changes - Furong Technology intends to abolish its supervisory board, transferring its powers to the audit committee of the board of directors. This decision has been approved in recent board meetings and a shareholder meeting, aligning with legal regulations and not adversely affecting the company's daily management or financial obligations [4]. Group 4: Upcoming Events - The company will hold a half-year performance briefing on September 16, 2025, to discuss its operational results and financial metrics with investors. Participants will include the chairman, general manager, independent directors, and financial director [5][6].

Group 1 - The company, Furong Technology (603327), announced that its 2025 semi-annual performance briefing will be held on September 16, 2025 [1]

Core Viewpoint - The company, Sichuan Furong Technology Co., Ltd., is set to hold a half-year performance briefing on September 16, 2025, to discuss its 2025 half-year results and financial status with investors [2][3]. Group 1: Meeting Details - The performance briefing will take place on September 16, 2025, from 15:00 to 16:00 [2][3]. - The meeting will be conducted in an online interactive format via the Shanghai Stock Exchange Roadshow Center [2][3]. - Investors can access the live stream at the Shanghai Stock Exchange Roadshow Center website [2][3]. Group 2: Investor Participation - Investors can participate online during the meeting and will have the opportunity to ask questions [3]. - A pre-question submission period is available from September 9 to September 15, 2025, allowing investors to submit questions via the Roadshow Center or the company's email [3]. - The company will address commonly asked questions during the performance briefing [2][3]. Group 3: Attendees - The meeting will include the company's chairman, general manager, independent directors, financial director, board secretary, and other management personnel [2].

| | | 四川福蓉科技股份公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 网 络 直 播 地 址 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 投资者可于 2025 年 9 月 9 日至 9 月 15 日 16:00 前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司证券部邮箱（zhengquanbu@scfrkj.cn） 进行提问。公司将在业绩说明会上对投资者普遍关注的问题进行回答。 四川福蓉科技股份公司（以下简称"公司"）于 2025 年 8 月 27 日在上海证 券交易所网站（www.sse.com.cn）披露了公司 2025 年半年度报告。为了便于广 大投资者更全面深入地了解公司 2025 年半年度业绩和财务状况，公司拟于 2025 年 9 月 16 日 15:00-16:00 召开业绩说明会，就投资者普遍关心的问题进行交流 和沟通，同时听取投资者的 ...

Group 1 - The folding screen concept stocks experienced a significant rally on September 4, with notable increases in share prices [1] - Yian Technology saw a rise of over 16%, while Jingyan Technology, Lens Technology, and Green Precision each increased by over 5% [1] - Other companies such as Dongcai Technology, Furong Technology, Lian De Equipment, and Lingyi Technology also showed upward movement in their stock prices [1]

公司公告汇总 关于开展商品套期保值业务的可行性分析报告 福建省福蓉源再生资源开发有限公司拟开展铝锭期货套期保值业务，以规避原材料价格波动风险，锁定 成本和利润，保障经营稳定。交易品种为铝锭，投入资金（保证金）不超过480万元，资金来源为自有 资金，交易场所为上海期货交易所，业务授权期限至2025年12月31日。公司已制定相关管理制度，明确 禁止投机交易，仅限于与生产经营相匹配的套期保值操作。主要风险包括市场、操作、流动性、内部控 制和技术风险。风险控制措施包括合理匹配现货与期货持仓、严格资金管理、加强人员培训、完善信息 系统、建立汇报与内审机制等。该业务具有可行性和必要性。 关于全资子公司开展套期保值业务的公告 截至2025年9月2日收盘，福蓉科技(603327)报收于10.12元，下跌2.6%，换手率1.6%，成交量15.95万 手，成交额1.62亿元。 当日关注点 交易信息汇总 资金流向 9月2日主力资金净流出2132.77万元，占总成交额13.2%；游资资金净流入77.48万元，占总成交额 0.48%；散户资金净流入2055.28万元，占总成交额12.72%。 2025年9月2日 兴业证券关于福蓉科技取 ...

Core Viewpoint - The company aims to mitigate raw material price fluctuation risks through futures hedging, ensuring stable operations [2][4]. Group 1: Transaction Overview - The subsidiary, Fujian Furongyuan Recycling Resources Development Co., Ltd., plans to conduct aluminum futures hedging for the year 2025 [4][15]. - The trading instrument will be futures contracts, specifically for aluminum ingots, with a maximum margin amounting to RMB 4.8 million [3][5]. - The trading will take place on the Shanghai Futures Exchange [7]. Group 2: Approval Process - The board of directors approved the hedging proposal during meetings held on September 1, 2025, with unanimous votes in favor [10]. Group 3: Risk Analysis - The company acknowledges several risks associated with futures trading, including market risk, operational risk, liquidity risk, internal control risk, and technical risk [11][12]. Group 4: Risk Control Measures - The subsidiary will align hedging activities with its production needs, ensuring that futures contracts match the pricing periods of physical goods [13]. - Strict internal controls will be implemented to manage funds and ensure compliance with the approved margin limits [14]. - A reporting and internal audit mechanism will be established to oversee the hedging activities and ensure adherence to company policies [14]. Group 5: Impact on the Company - Engaging in commodity hedging will allow the company to leverage the price and risk hedging functions of the futures and options markets, thereby stabilizing production costs [15].

Core Viewpoint - The company aims to mitigate operational risks associated with aluminum ingot price fluctuations by engaging in futures hedging activities, which are deemed necessary for stabilizing its business operations [1][4]. Group 1: Necessity of Hedging Business - The company faces significant operational risks due to volatile aluminum ingot prices, which can greatly impact profitability [1]. - The proposed hedging strategy involves using futures contracts to lock in costs and profits, thereby ensuring stable operations [1]. Group 2: Overview of Hedging Business - The hedging will focus on aluminum ingots as the trading commodity [1]. - The maximum margin for trading is set at 4.8 million RMB, which will be used on a rolling basis throughout the hedging period [1]. - The trading will occur on the Shanghai Futures Exchange, utilizing entirely self-owned funds for margin [1]. - The authorization for this hedging business is valid until December 31, 2025 [1]. Group 3: Risk Analysis of Hedging Business - Market risk arises from asymmetric price movements between futures and spot markets, potentially leading to simultaneous losses [2]. - Operational risk may occur if trading procedures are not followed or if personnel lack sufficient understanding of derivatives [2]. - Liquidity risk could arise from insufficient market activity, making it difficult to execute trades [2]. - Internal control risks may stem from an inadequate internal control system [2]. - Technical risks could result from incomplete computer systems [2]. Group 4: Risk Control Measures - The company will align hedging activities with its production needs, ensuring that futures contracts match the timing of physical hedging requirements [3]. - Strict internal controls will be implemented to manage funds used for hedging, adhering to the approved margin limits [3]. - The company will monitor futures trading closely and select contracts with adequate liquidity [3]. - Professional personnel will be employed, and a robust reporting and internal audit mechanism will be established to manage risks effectively [3][4]. - Any trading plans exceeding board authorization must be reported for approval [4]. Group 5: Feasibility Analysis Conclusion - The company has established internal control systems and risk prevention measures, making the proposed aluminum ingot hedging business feasible and necessary [4]. - The hedging strategy is designed to prevent price fluctuation risks while adhering to hedging principles, thus enhancing profit stability and reducing adverse impacts on financial performance [4].

Core Viewpoint - The company aims to mitigate raw material price volatility risks and ensure operational stability through aluminum futures hedging activities [1][2]. Group 1: Transaction Overview - The transaction purpose is to effectively prevent or mitigate raw material price fluctuations, ensuring stable operations [1]. - The trading instrument involved is aluminum ingots, with a maximum margin amount set at RMB 4.8 million [2]. - The funding source for the transaction will be the company's own funds [2]. - The trading venue is the Shanghai Futures Exchange, and the trading period will commence upon approval of the hedging activities [2]. Group 2: Approval Process - The proposal for the hedging activities was approved unanimously by the board's audit committee and the board of directors [2]. Group 3: Risk Analysis - Market risk arises from potential asymmetric price movements between futures and spot markets, which could negate the hedging effect [3]. - Operational risk may occur if trading personnel do not follow established procedures or fully understand derivative information [3]. - Liquidity risk could arise from insufficient market activity, making it difficult to execute trades [3]. - Internal control risk is associated with the complexity of futures trading and potential inadequacies in the internal control system [3]. - Technical risk may stem from incomplete computer systems affecting trading operations [3]. Group 4: Risk Control Measures - The company will align hedging activities with its production needs, limiting futures trading to aluminum ingots [4]. - The company will manage its own funds prudently for hedging activities, adhering to the approved margin limits [4]. - The company will monitor futures trading closely and select appropriate contract months to avoid liquidity risks [4]. - Professional personnel will be employed, and strict authorization and segregation of duties will be established to enhance risk management [4]. - A reporting and internal audit mechanism will be established to oversee the hedging activities and ensure compliance with board authorizations [5]. Group 5: Impact on the Company - Engaging in commodity hedging activities will allow the company to utilize the price and risk hedging functions of the futures and options markets, thereby stabilizing production costs [5].