Summary of Fulin Precision Engineering Conference Call Company Overview - **Company**: Fulin Precision Engineering - **Industry**: Automotive Parts and Lithium Battery Materials Key Points and Arguments Business Performance - In the first half of 2025, Fulin Precision achieved revenue of 5.81 billion yuan, a year-on-year increase of 61.7% [3] - Net profit attributable to shareholders was 170 million yuan, up 32% year-on-year [3] - Growth driven by automotive parts and lithium battery materials, with lithium battery materials revenue reaching 3.7 billion yuan, a 96% increase [3] Lithium Battery Materials - The company’s lithium iron phosphate (LiFePO4) business shipped 105,000 tons in the first half of 2025, with a full-year target of 260,000 to 270,000 tons [11] - The introduction of fifth-generation products is expected to enhance profitability, with a price premium of approximately 1,000 yuan per unit [14][19] - Supply chain upgrades are anticipated to reduce costs by about 2,000 yuan per unit, with significant effects expected by 2026 [15] Automotive Parts Business - The automotive parts segment is expected to enter a prosperous period in Q3 2025, with increased deliveries of electronic water pumps and electronic oil pumps [7] - The company is focusing on integrated and platform-based development, moving towards potential body manufacturing [6][20] Robotics Sector - Fulin has begun mass production of robotic joint assemblies and modules, supplying mainstream customers [6] - The company is collaborating with Zhiyuan and other startups to enhance its position in the robotics industry [10] - Revenue from robotic components is projected to reach tens of millions to 100 million yuan this year [27] Strategic Partnerships - Fulin's partnership with Zhiyuan has deepened, with expectations of generating 100 million yuan in revenue from parts sales and OEM business [9] - The company is also involved in projects for military applications, enhancing its market presence [12] Market Trends and Industry Dynamics - The industry is moving away from low-cost, low-quality strategies, leading to improved market prices and a more favorable competitive landscape [12][13] - Fulin is positioned as a technology leader, which may further enhance its profitability [5] Future Outlook - The company plans to increase the proportion of fifth-generation products to over 70% by 2026 [16] - Expansion of production capacity is underway, with a new project expected to produce 200,000 tons of lithium phosphate [17] Cost Management and Competitive Advantage - Fulin aims to maintain a competitive edge through technological breakthroughs and large-scale manufacturing capabilities [25] - The company is focused on reducing costs associated with robotic components to enhance overall market competitiveness [25] Product Development - The company is actively developing applications for robotic components and plans to expand into body manufacturing [20] - Current market share in the electronic water pump sector is approximately 30%, with annual sales exceeding 3 million units [23] Conclusion - Fulin Precision Engineering is strategically positioned for growth in the automotive parts and lithium battery materials sectors, with a strong focus on technology, partnerships, and market trends that favor quality over cost. The company is set to enhance its profitability and market share through innovative product development and strategic collaborations.

Group 1 - Xinhua Media achieved a net profit of 32.34 million yuan in the first half of 2025, a year-on-year increase of 9.29% [1] - Xinhua Media's operating income for the first half of 2025 was 631 million yuan, a year-on-year growth of 2.45% [1] - China Galaxy reported a net profit of 6.488 billion yuan, up 47.86% year-on-year, with an operating income of 137.47 billion yuan, a 37.71% increase [2] Group 2 - Lek Electric's net profit decreased by 29.01% to 428 million yuan, despite a slight revenue increase of 0.65% to 4.781 billion yuan [3] - Honghui Fruits and Vegetables reported a net profit of 6.9243 million yuan, down 44.82%, with revenue of 470 million yuan, up 7.86% [4] - Bull Group's net profit fell by 8% to 2.06 billion yuan, with a revenue decline of 2.6% to 8.168 billion yuan [5] Group 3 - Nanshan Aluminum achieved a net profit of 2.625 billion yuan, a year-on-year increase of 19.95%, with operating income of 17.274 billion yuan, up 10.25% [6] - Zhujiang Beer reported a net profit of 612 million yuan, a 22.51% increase, with revenue of 3.198 billion yuan, up 7.09% [8] - Baolong Technology's net profit decreased by 9.15% to 135 million yuan, with revenue growth of 24.06% to 3.95 billion yuan [10] Group 4 - Jindi Co. reported a net profit of 75.93 million yuan, a year-on-year increase of 32.86%, with operating income of 835 million yuan, up 40.57% [12] - China Vision Media turned a profit with a net profit of 19.9811 million yuan, compared to a loss of 18.4349 million yuan in the previous year, despite a revenue decline of 10.75% to 229 million yuan [14] - Botao Bio's net profit fell by 82.82% to 12.4024 million yuan, with revenue down 23.91% to 203 million yuan [16] Group 5 - Caitong Securities reported a net profit of 1.083 billion yuan, a year-on-year increase of 16.85%, with operating income of 2.959 billion yuan, down 2.19% [18] - Yili Group's net profit decreased by 4.39% to 7.2 billion yuan, with revenue growth of 3.49% to 61.777 billion yuan [19] - Springlight Technology achieved a net profit of 7.3787 million yuan, a year-on-year increase of 83.73%, with revenue of 251 million yuan, up 39.6% [20] Group 6 - China Haifeng reported a net profit of 94.5739 million yuan, a year-on-year increase of 25.48%, with operating income of 1.385 billion yuan, up 19.64% [21] - Zhongke Titanium White's net profit decreased by 14.83% to 259 million yuan, with revenue growth of 19.66% to 3.77 billion yuan [23] - Huasheng Tiancai turned a profit with a net profit of 14 million yuan, compared to a loss in the previous year, despite a revenue decline of 10.75% to 226 million yuan [25] Group 7 - Shen Zhou Cell reported a net loss of 33.7711 million yuan, with revenue down 25.50% to 972 million yuan [26] - Meihu Co. achieved a net profit of 101 million yuan, a year-on-year increase of 10.26%, with operating income of 1.075 billion yuan, up 10.74% [28] - Jifeng Technology plans to apply for a comprehensive credit of 170 million yuan to supplement working capital [29] Group 8 - Foton Motor reported a net profit of 777 million yuan, a year-on-year increase of 87.57%, with operating income of 30.371 billion yuan, up 26.71% [41] - BOE Technology achieved a net profit of 3.247 billion yuan, a year-on-year increase of 42.15%, with operating income of 110.278 billion yuan, up 8.45% [42] - CIMC reported a net profit of 1.278 billion yuan, a year-on-year increase of 47.63%, with operating income of 76.09 billion yuan, down 3.82% [43]

Core Viewpoint - The company reported significant growth in both revenue and net profit for the first half of 2025, indicating strong operational performance and financial health [1] Financial Performance - The company's operating revenue reached 5.813 billion yuan, representing a year-on-year increase of 61.70% [1] - The net profit attributable to shareholders was 174 million yuan, showing a year-on-year growth of 32.41% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 121 million yuan, with a year-on-year increase of 2.66% [1] - Basic earnings per share were reported at 0.102 yuan [1]

Core Viewpoint - The company reported significant growth in revenue and net profit for the first half of 2025, driven by its strategic focus on the super fast charging market and the increasing demand for high-voltage lithium iron phosphate products [1] Financial Performance - The company achieved operating revenue of 5.813 billion yuan, representing a year-on-year increase of 61.7% [1] - The net profit attributable to shareholders reached 174 million yuan, with a year-on-year growth of 32.41% [1] - Basic earnings per share were reported at 0.102 yuan [1] Market Strategy - The company is accelerating its layout in the super fast charging market, particularly with its high-voltage lithium iron phosphate 4C supercharging products [1] - The performance advantages of these products have allowed the company to penetrate the high-end passenger car market [1] Production and Supply Chain - There is a continuous growth in market and customer demand for high-voltage lithium iron phosphate, leading to a significant increase in the company's overall production capacity, output, and shipment volume [1] - The company is enhancing its supply chain and promoting cost reduction efforts to improve the profitability of its lithium iron phosphate cathode materials business [1] - The shipment volume for the first half of 2025 has seen a sustained increase, with sales revenue from lithium iron phosphate significantly rising compared to the same period last year [1]

证券代码：300432 证券简称：富临精工 公告编号：2025-057 富临精工股份有限公司 关于向参股公司提供财务资助的公告 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、富临精工股份有限公司（以下简称"公司"）控股子公司江西升华新材 料有限公司（以下简称"江西升华"）拟按 49%的持股比例向参股公司四川锋富 锂业有限公司（以下简称"锋富锂业"）提供不超过 9,800 万元人民币的财务资 助，借款期限为 1 年，按照 3%的年利率计算利息，自借款实际发放日起计算， 按季付息，具体内容以实际签订的借款协议为准。 2、本次财务资助事项已经公司 2025 年 8 月 27 日召开的第五届董事会第二 十五次会议、第五届监事会第二十一次会议审议通过。本次财务资助事项在董事 会审议权限范围内，无需提交股东大会审议。本次提供财务资助事项不构成关联 交易，亦不构成《上市公司重大资产重组管理办法》规定的重大资产重组。 3、本次提供财务资助的对象为公司的参股企业，各股东对其均按持股比例 提供同等条件的财务资助，且被资助对象履约能力良好，本次财务资助事项整体 ...

证券代码：300432 证券简称：富临精工 公告编号：2025-054 特此公告。 富临精工股份有限公司 董事会 2025 年 8 月 27 日 富临精工股份有限公司 2025年半年度报告披露提示性公告 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。 富临精工股份有限公司2025年半年度报告已于2025年8月28日在中国证监会 指定的创业板信息披露网站上披露，请投资者注意查阅！ ...

富临精工股份有限公司 2025 年半年度 非经营性资金占用及其他关联资金往来情况汇总表 单位：万元 | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司的关联关系 | 上市公司核算的 | 2025 年期初往来资 | 2025 年 1-6 累计发生金额（不含 | 月往来 2025 | 年 1-6 月往来 2025 | 2025 年 1-6 月偿还 | 年 6 月 30 日 期末往来资金余 | 占用形成原 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 会计科目 | 金余额 | 利息） | | 资金的利息(如有) | 累计发生金额 | 额 | 因 | | | 控股股东、实际控制人及 | | | | | | | | | | | | | 其附属企业 | | | | | | | | | | | | | 小计 | | | | | | | | | | | | | 前控股股东、实际控制人 | | | | | | | | | | | | | 及其附属企业 | | | | | | | | ...

富临精工股份有限公司 第五届监事会第二十一次会议决议公告 本公司及监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。 证券代码：300432 证券简称：富临精工 公告编号：2025-053 富临精工股份有限公司（以下简称"公司"）第五届监事会第二十一次会议 通知于 2025 年 8 月 23 日以电话及专人送达方式向各位监事发出，并于 2025 年 8 月 27 日以现场方式召开。应出席会议的监事 3 人，实际出席会议的监事 3 人。会 议由监事会主席胡国英女士主持。会议的召集、召开符合《公司法》及《公司章 程》规定。 为保障参股公司四川锋富锂业有限公司（以下简称"锋富锂业"）正常经营生 产，加快推进公司产业链一体化布局，推动参股公司磷酸二氢锂项目顺利建设， 公司控股子公司江西升华新材料有限公司拟按 49%的持股比例向参股公司锋富锂 业提供不超过 9,800 万元人民币的财务资助，借款期限为 1 年，按照 3%的年利率 计算利息，自借款实际发放日起计算，按季付息，具体内容以实际签订的借款协 议为准。 监事会认为：公司本次向参股公司提供财务资助，系满足参股公司资金周转 及日 ...

证券代码：300432 证券简称：富临精工 公告编号：2025-052 富临精工股份有限公司 第五届董事会第二十五次会议决议公告 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。 表决结果：同意 9 票；反对 0 票；弃权 0 票。 富临精工股份有限公司（以下简称"公司"）第五届董事会第二十五次会议通 知于 2025 年 8 月 23 日以电话等通讯方式向各位董事发出，并于 2025 年 8 月 27 日以通讯表决方式召开。应出席会议的董事 9 人，实际出席会议的董事 9 人，公 司监事及高级管理人员列席了会议，会议由副董事长李鹏程先生主持。会议的召 集、召开符合《公司法》及《公司章程》规定。 一、审议通过了《关于公司 2025 年半年度报告及其摘要的议案》 二、审议通过了《关于向参股公司提供财务资助的议案》 全体董事认为，公司《2025 年半年度报告》及其摘要真实、准确、完整地反 映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 本议案已经公司董事会审计委员会审议通过。具体内容详见中国证监会指定 的创业板信息披露网站。 - 2 - 富临精工股份 ...

Group 1 - The company reported a revenue of 5.813 billion yuan for the first half of the year, representing a year-on-year increase of 61.70% [1] - The net profit attributable to shareholders of the listed company was 174 million yuan, up from 132 million yuan in the same period last year, marking a year-on-year growth of 32.41% [1] - The basic earnings per share were 0.102 yuan [1]