Core Viewpoint - 福莱新材 announced the resignation of its Vice President, Secretary of the Board, and Financial Officer, Bi Lilin, due to work adjustments, effective from October 30, 2025 [1] Group 1: Management Changes - Bi Lilin will transition to the role of General Manager of the Investment Department after his resignation [1] - The company will hold its 21st meeting of the 3rd Board of Directors on October 30, 2025, to approve the appointment of a new Secretary of the Board and Financial Officer [1] - Nie Sheng will be appointed as the new Secretary of the Board, and Liu Yan'an will take over as the Financial Officer, with their terms lasting until the end of the current Board's tenure [1]

Group 1 - The company, Fule New Materials, held a temporary board meeting on October 30, 2025, to discuss the proposal for changing the board secretary and other documents [1] - For the first half of 2025, Fule New Materials reported that functional coating composite materials accounted for 98.14% of its revenue, while other businesses contributed 1.86% [1] - As of the report date, Fule New Materials has a market capitalization of 8.9 billion yuan [1]

Core Viewpoint - The company announced the resignation of its Vice General Manager, Board Secretary, and Financial Officer, Bi Lilin, due to work adjustments, effective from October 30, 2025 [1] Group 1 - Bi Lilin will transition to the role of General Manager of the Investment Department after his resignation [1] - The company will hold its 21st meeting of the 3rd Board of Directors on October 30, 2025, to approve the appointment of a new Board Secretary and Financial Officer [1] - Nie Sheng will be appointed as the new Board Secretary, and Liu Yan'an will be appointed as the new Financial Officer, with their terms lasting until the end of the current Board's tenure [1]

Core Viewpoint - The company announced the resignation of its Vice President, Secretary of the Board, and Chief Financial Officer, Bi Lilin, due to work adjustments, effective October 30, 2025 [1] Group 1: Management Changes - Bi Lilin will transition to the role of General Manager of the Investment Department after his resignation [1] - The company will appoint Nie Sheng as the new Secretary of the Board and Liu Yan'an as the new Chief Financial Officer, effective from the date of the board's approval until the end of the current board's term [1] - The board meeting to approve these changes is scheduled for October 30, 2025 [1]

Core Insights - The company reported a significant increase in revenue and net profit for Q3 2025, with revenue reaching 762 million yuan, a year-on-year growth of 23.12%, and net profit of 13.67 million yuan, a substantial increase of 102.23% [1] - The growth is attributed to the expansion of revenue scale, increased gross profit, and additional government subsidies [1] - The company is focusing on the development of flexible sensor technology, which is seen as a second growth curve, with strategic investments made since 2017 and significant advancements in 2023 [2] Financial Performance - For the first three quarters of 2025, the company achieved total revenue of 2.097 billion yuan, a year-on-year increase of 18.09%, and a net profit attributable to shareholders of approximately 64.6 million yuan [1] - The total profit for Q3 saw a year-on-year increase of 6567.29%, driven by increased revenue and gross profit, along with government subsidies [1] Business Development - The company has established a complete technology chain for flexible sensors, covering material research, device design, system integration, and application scenarios, targeting sectors such as robotics, consumer electronics, new energy, and industrial testing [2] - In H1 2025, the company achieved multiple technological breakthroughs and commercial progress in the flexible sensor field, including the establishment of a pilot production line capable of mass supply [2] Global Expansion - The company registered a North American subsidiary, Apex Sensing LLC, in San Francisco, California, to enhance its global strategy and focus on the sales and technical support of tactile sensing products in the North American market [3] - The electronic skin business is seen as a key component for the development of humanoid robots, which are entering an expansion phase, with increasing demand for electronic skin in various robotic applications [3]

Group 1 - The core point of the article highlights the recent performance of Fulei New Materials, with a stock price increase of 5.01% to 32.51 CNY per share, a trading volume of 145 million CNY, and a total market capitalization of 9.11 billion CNY [1] - Fulei New Materials, established on June 8, 2009, and listed on May 13, 2021, specializes in the research, production, and sales of functional coating composite materials [1] - The company's main business revenue composition includes: advertising inkjet printing materials (46.65%), label printing materials (31.42%), other materials (9.17%), functional base film materials (6.94%), electronic-grade functional materials (3.95%), and others (1.86%) [1] Group 2 - The data indicates that the Oriental Alpha Fund has entered the top ten circulating shareholders of Fulei New Materials, holding 1.9064 million shares, which accounts for 0.69% of the circulating shares [2] - The Oriental Alpha Preferred Mixed A Fund (007518) has achieved a year-to-date return of 54.5%, ranking 918 out of 8154 in its category, and a one-year return of 52.66%, ranking 926 out of 8046 [2] - The fund manager, Zhou Mi, has a tenure of 7 years and 243 days, with a total fund asset size of 3.038 billion CNY and a best fund return of 112.22% during his tenure [2]

Core Viewpoint - Fulei New Materials (605488.SH) reported a decline in institutional ownership in its Q3 2025 report, with a total of 8 institutional investors holding 27.32 million shares, representing 9.75% of the total share capital, a decrease of 1.49 percentage points from the previous quarter [1] Institutional Investors - A total of 8 institutional investors disclosed their holdings in Fulei New Materials, with a combined shareholding of 27.32 million shares, accounting for 9.75% of the total share capital [1] - The institutional ownership decreased by 1.49 percentage points compared to the previous quarter [1] Public Funds - Three public funds increased their holdings compared to the previous period, with a total increase in shareholding of 0.52% [1] - One new public fund disclosed its holdings this quarter, namely Zhezhang Smart Selection Leading Three-Year Holding Period A [1] - A total of 36 public funds did not disclose their holdings this quarter, including notable funds such as Qianhai Kaiyuan Jiaxin Mixed A and Huafu Technology Momentum Mixed A [1]

Group 1 - The core point of the article is that Fulei New Materials (SH 605488) held its 20th meeting of the 3rd Board of Directors on October 29, 2025, to review the proposal for the Q3 2025 report [1] - For the first half of 2025, the revenue composition of Fulei New Materials shows that functional coating composite materials accounted for 98.14%, while other businesses made up 1.86% [1]

每经头条（nbdtoutiao）——多地出现"负电价"，既然卖电"不挣钱"，为何电厂不愿停机？ （记者 贾运可） 每经AI快讯，福莱新材（SH 605488，收盘价：30.96元）10月31日发布三季度业绩公告称，2025年前三 季度营收约20.97亿元，同比增加18.09%；归属于上市公司股东的净利润约6460万元，同比减少7.83%。 ...

格隆汇10月30日丨福莱新材(605488.SH)发布三季报，2025年前三季度实现营业总收入20.97亿元，同比 增长18.09%；归属母公司股东净利润6460万元，同比下降7.83%；基本每股收益为0.23元。 ...