Core Viewpoint - Favored Tech Corporation Limited plans to transfer a total of 10.06417 million shares, representing 3% of the company's total share capital [1] Group 1 - The shareholder involved in the transfer is Favored Tech Corporation Limited [1] - The total number of shares to be transferred is 10.06417 million [1] - The percentage of total share capital being transferred is 3% [1]

Core Viewpoint - Favored Tech Corporation Limited plans to transfer a total of 10.06417 million shares of Favored Tech (688371.SH), representing 3% of the company's total share capital [1] Group 1 - The shareholder involved in the transfer is Favored Tech Corporation Limited [1] - The total number of shares to be transferred is 10.06417 million [1] - The percentage of total share capital represented by the transfer is 3% [1]

Core Viewpoint - FavoredTech Corporation Limited, the controlling shareholder of 菲沃泰, plans to transfer 10,064,170 shares, representing 3.00% of the total share capital, due to its own funding needs [1] Group 1: Share Transfer Details - The total number of shares to be transferred is 10,064,170, which accounts for 3.00% of the total share capital [1] - As of November 5, 2025, the selling party holds 208,533,334 shares, representing 62.16% of the total share capital [1] - The transfer will not occur through centralized bidding or block trading, and the transferee will be institutional investors [1] Group 2: Transfer Conditions - The shares transferred cannot be sold by the transferee within six months [1] - The minimum transfer price is set at no less than 70% of the average trading price of the stock over the 20 trading days prior to November 5 [1] - The transfer does not lead to a change in the company's control, but there are implementation risks involved [1]

Core Viewpoint - The event "Capital 'X' Gravity, Innovation High Ground - Wuxi's First Investor Reception Day for Listed Companies" was successfully held, highlighting the advancements and market strategies of companies like Feiwo Tai [1] Company Summary - Feiwo Tai (688371) has successfully launched mass production cases for its phase change liquid cooling server motherboard coating products [1] - The company's products provide coating protection for components such as computing server motherboards, optical modules, and power supplies [1] - Feiwo Tai plans to continue research and innovation in the liquid cooling field, actively expanding its market share through participation in industry exhibitions, leveraging existing industry reputation, customer referrals, and proactive client visits [1]

Core Viewpoint - The company, Jiangsu Favored Technology Co., Ltd., will participate in the 2025 Wuxi Listed Companies Investor Reception Day and hold a Q3 2025 performance briefing to address investor inquiries and provide insights into its operational results and financial status for the third quarter of 2025 [2][3]. Group 1: Event Details - The investor briefing will be held on November 4, 2025, from 15:30 to 17:00, via the "Panorama Roadshow" website [6][7]. - Investors can participate in the event through the "Panorama Roadshow" website, WeChat public account, or by downloading the Panorama Roadshow APP [5][6]. - Investors are encouraged to submit questions via email to the company by November 3, 2025, at 16:00, to facilitate discussion during the event [2][8]. Group 2: Company Representatives - The event will feature company representatives including Mr. Zong Jian, the Chairman and General Manager, and Ms. Zhao Qianbo, the Board Secretary and Chief Financial Officer [4].

Core Viewpoint - Feiwo Tai is a leading company in the domestic nano-coating field, focusing on the research and development of high-performance, multifunctional nano-films, and has established itself as a key supplier for major clients in various sectors [1][6]. Group 1: Company Overview - Feiwo Tai was established on August 16, 2016, and was listed on the Shanghai Stock Exchange on August 2, 2022, with its registered and office address in Wuxi, Jiangsu Province [1]. - The company specializes in developing nano-material technology suitable for complex application environments and provides customized solutions based on nano-films [1]. Group 2: Financial Performance - In Q3 2025, Feiwo Tai achieved a revenue of 367 million yuan, ranking 31st among 35 companies in the industry, while the industry leader, Xilong Science, reported a revenue of 5.324 billion yuan [2]. - The main business revenue from nano-coating products was 214 million yuan, accounting for 93.60% of total revenue [2]. - The net profit for the same period was 28.98 million yuan, ranking 28th in the industry, with the industry leader, Anji Technology, reporting a net profit of 608 million yuan [2]. Group 3: Financial Ratios - As of Q3 2025, Feiwo Tai's debt-to-asset ratio was 5.67%, lower than the industry average of 28.64%, indicating strong solvency [3]. - The gross profit margin for Q3 2025 was 53.65%, higher than the industry average of 31.60%, reflecting strong profitability [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.60% to 7,450, while the average number of circulating A-shares held per shareholder increased by 189.15% to 45,000 [5]. Group 5: Business Highlights - Minsheng Securities noted that Feiwo Tai is a leader in customized nano-film products, achieving breakthroughs in various fields including product development and process validation [6]. - The company has become a core supplier for major clients, having provided nano-coating protection for over 1 billion mobile phones and 700 million earphones by October 2024 [6]. - Feiwo Tai is expected to benefit from the recovery in consumer electronics and the expansion of demand in emerging fields, with projected revenues of 575 million, 802 million, and 1.196 billion yuan for 2025 to 2027 [6].

证券代码：688371 证券简称：菲沃泰 公告编号：2025-046 江苏菲沃泰纳米科技股份有限公司 关于参加 2025 无锡上市公司投资者集体接待日活动 二、说明会召开的时间、地点 会议召开时间：2025 年 11 月 4 日(星期二)下午 15:30-17:00 会议召开地点："全景路演"网站（http://rs.p5w.net） 会议召开方式：网络文字互动 （一）会议召开时间：2025 年 11 月 4 日(星期二)下午 15:30-17:00 （二）会议召开地点："全景路演"网站（http://rs.p5w.net） 暨召开 2025 年第三季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法律责任。 重要内容提示： 投资者可于 2025 年 11 月 4 日(星期二)下午 15:30-17:00 登录"全景路演" （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流；也可于 2025 年 11 月 3 日(星期一)16:00 前将需要了解和关注 的问题 ...

Market Overview - The electronic chemicals sector experienced a decline of 0.3% on October 28, with Siquan New Materials leading the drop [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Notable gainers in the electronic chemicals sector included: - Huate Gas (688268) with a closing price of 68.52, up 5.42% on a trading volume of 44,800 shares and a turnover of 297 million [1] - Jingrui Electric Materials (300655) closed at 18.25, up 4.23% with a trading volume of 3.09 million shares and a turnover of 56.791 million [1] - Conversely, Siquan New Materials (301489) saw a significant decline of 16.98%, closing at 203.30 with a trading volume of 138,900 shares and a turnover of 298.5 million [2] Capital Flow - The electronic chemicals sector experienced a net outflow of 1.446 billion in main funds, while retail investors saw a net inflow of 1.253 billion [2] - The capital flow for specific stocks showed: - Dinglong Co. (300054) had a main fund net inflow of 37.85 million, but retail investors had a net outflow of 22.91 million [3] - Huate Gas (688268) experienced a main fund net inflow of 8.2143 million, with retail investors seeing a net outflow of 8.6272 million [3]

Core Insights - Favored Tech Corporation Limited (菲沃泰) reported its Q3 2025 financial results, revealing that as of October 24, 2025, seven institutional investors held a total of 233 million shares, representing 69.41% of the company's total equity [1] - The institutional ownership percentage decreased by 3.22 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Favored Tech Corporation Limited, Wuxi Fina Enterprise Management Partnership, Shenzhen China Resources Capital Equity Investment, China Construction Bank's Guoshou Anbao Smart Life Fund, Qingdao Yirong United Equity Investment Management Center, Shanghai Fuhe Private Fund Management, and Beijing Woyan Capital Management Center [1] - The total institutional ownership is significant, indicating strong interest from major investment entities [1] Public Funds - In this reporting period, 89 public funds were disclosed, including notable funds such as Southern Zhihong Mixed A, Guotai Shanghai Composite ETF, and Jianxin Shanghai Composite Smart Selection Sci-Tech Innovation Value ETF [1] - The absence of previously disclosed public funds suggests a shift in investment strategies or market conditions [1]

Core Viewpoint - The company has announced the approval of several key resolutions during its board meetings, including the appointment of a new secretary and financial director, the approval of the third-quarter report, and the decision to permanently supplement working capital with surplus funds from fundraising projects [9][11][13][19]. Financial Data - The third-quarter financial report for 2025 has been prepared, but it has not been audited [3][13]. - The company reported a surplus of 52.03 million yuan from its fundraising projects, which will be used to enhance working capital [28][30]. Shareholder Information - The company has a total of 9,681,336 shares held by its repurchase account, accounting for 2.89% of the total share capital [6]. - The board has approved the cancellation of stock options related to the 2024 stock option incentive plan due to the departure of one incentive object [17][39]. Board Meeting Details - The second board meeting was held on October 24, 2025, with all nine directors present, and the meeting followed legal and regulatory procedures [10][12]. - The board approved the appointment of Zhao Qianbo as the new secretary and financial director, effective immediately [11][45]. Fund Management - The company has established a management system for the use of raised funds, ensuring compliance with relevant laws and regulations [25]. - The surplus funds from the fundraising projects will be permanently added to the company's working capital, with the necessary procedures for account cancellation to follow [19][30].