Group 1 - The company, Fuxing Co., stated that the total inventory in the cities where its main projects are located remains significant, and the de-stocking cycle is still lengthy [2] - The existing projects of the company are sufficient to meet the development needs for the next few years [2]

Core Viewpoint - The company is focused on enhancing its operational performance, optimizing governance structure, and strengthening communication with investors to solidify its value foundation and boost market confidence [2] Group 1 - The management is closely monitoring the stock price performance [2] - The company is committed to improving operational performance [2] - The company aims to optimize its governance structure [2] Group 2 - The company is enhancing communication with investors [2] - The efforts are directed towards building a solid value foundation [2] - The goal is to increase market confidence [2]

Group 1 - The company, Fuxing Co., expects to deliver its main property project, Fuxing Huiyu·Chen Jing, by the end of this year [2] - The company anticipates the delivery of the first phase of Fuxing Huiyu·Boya Mansion next year [2]

Core Viewpoint - The company acknowledges that its executives possess experience beyond real estate, which may aid in its transformation efforts [1] Group 1 - The board members and some executives have rich experience in finance, investment, and corporate management in addition to real estate [1] - The company plans to leverage the expertise of industry professionals to evaluate projects [1] - Any progress related to transformation efforts will be announced in a timely manner [1]

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：公司未来三个月有多少楼盘交付结算？明年大概有多 少交付结算？ 福星股份（000926.SZ）11月3日在投资者互动平台表示，预计公司主要楼盘福星惠誉·琛境项目年内交 付，明年预计将交付福星惠誉·铂雅府一期等项目。 ...

每经AI快讯，有投资者在投资者互动平台提问：子公司福星新材料有限公司一分厂已停产关门，这是 真的吗？对集团公司影响大吗？ （记者 胡玲） 福星股份（000926.SZ）11月3日在投资者互动平台表示，福星新材料有限公司生产正常。 ...

每经AI快讯，有投资者在投资者互动平台提问：公司最近有新增赤峰地块吗？ （记者 胡玲） 福星股份（000926.SZ）11月3日在投资者互动平台表示，近期，赤峰公司通过招拍挂新获取一开发项 目。 ...

Core Viewpoint - Fuxing Co., Ltd. (福星股份) is actively engaging with institutional investors to discuss its business operations and future plans, highlighting its dual-driven development strategy in urban renewal and metal products manufacturing [1][3]. Group 1: Company Overview - Fuxing Co., Ltd. was listed on the Shenzhen Stock Exchange in June 1999 and has since focused on product innovation and industrial transformation, upgrading from traditional wire products to high-end steel cord products [3]. - The company has established itself as a significant manufacturing base for metal wire products in China, with its product range including steel cords for radial tires, steel wires, wire ropes, and stranded wires [3]. - Fuxing has been a pioneer in urban renewal projects in Hubei Province, particularly after the "urban village" renovation policy was initiated in Wuhan in 2004, leading to a synergistic development model between its real estate and metal products sectors [3]. Group 2: Recent Performance - In the third quarter of 2025, Fuxing reported a revenue of 1.016 billion yuan, with the real estate segment generating approximately 380 million yuan due to a slowdown in development pace and delivery scale [4]. - The company achieved a signed sales area of approximately 135,700 square meters, translating to a signed sales amount of about 2.6 billion yuan [4]. - Cash flow from sales and services reached approximately 3.088 billion yuan, reflecting a year-on-year increase of 24.29%, with a continuous decline in interest-bearing liabilities and a low asset-liability ratio compared to industry standards [4]. Group 3: Future Development Plans - Fuxing has launched the "Valuation Enhancement Plan" in April 2025, aiming to optimize its asset structure and business layout while solidifying its core operations [5]. - The company is actively seeking capital operation opportunities and is focusing on mergers and acquisitions in sectors such as semiconductor equipment, chip manufacturing, high-end manufacturing, domestic equipment replacement, and new energy materials [5].

Group 1: Company Overview - Fuxing Co., Ltd. was successfully listed on the Shenzhen Stock Exchange in June 1999 and has since implemented significant decisions for product innovation and industrial transformation [2] - The company has upgraded its metal products from traditional wire products to advanced steel cord products, becoming a key manufacturing base for metal wire products in China [2] - Fuxing has established a real estate development subsidiary, Fuxing Huiyu, and has actively participated in urban renewal projects in Wuhan since 2004 [2][3] Group 2: Financial Performance - In the first three quarters of 2025, the company achieved an operating income of 10.16 billion yuan, with real estate revenue impacted by a decrease in delivery scale [3] - Real estate revenue was approximately 3.80 billion yuan, with a signed sales area of about 26,000 square meters and a signed sales amount of approximately 1.357 billion yuan [3] - Cash received from sales and services increased by 24.29% year-on-year, indicating stable operational metrics and a continued decrease in interest-bearing liabilities [3] Group 3: Future Development Plans - In April 2025, the company launched a "Valuation Enhancement Plan" to optimize asset structure and business layout while solidifying its core operations [3] - The company is actively seeking capital operation opportunities and focusing on sectors such as semiconductor equipment, chip manufacturing, high-end manufacturing, and new energy materials [3] - Upcoming projects include the launch of the "Fuxing Huiyu·Boya Mansion" and plans for the adjacent Hongqiao Village K12 site to commence construction next year [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000926 证券简称：福星股份 公告编号：2025-038 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 √否 （二）非经常性损益项目和金额 √适用 □不适用 单位：元 ■ 其他符合非经常性损益定义的损益项目的具体情况： □适用 √不适用 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》中列举的非经常性损益项目界 定为经常性损益项目的情况说明 □适用 √不适用 公司不存在将《公开发行证券的公司信息披露解释性 ...