FRD(SZ:300602) Jin Rong Jie·2025-08-26 19:03Core Viewpoint - Feirongda's stock price has experienced a decline, reflecting market concerns and recent capital outflows, while the company is actively engaging in R&D partnerships in the AI and liquid cooling technology sectors [1][2]. Group 1: Stock Performance - As of August 26, 2025, Feirongda's stock price is reported at 32.88 yuan, down 1.91% from the previous trading day [1]. - The opening price for the day was 33.25 yuan, with a high of 34.40 yuan and a low of 32.75 yuan, resulting in a trading volume of 433,000 lots and a transaction amount of 1.45 billion yuan [1]. Group 2: Business Overview - Feirongda specializes in the R&D, production, and sales of electromagnetic shielding materials and thermal conductive materials, with applications in consumer electronics, communication devices, and new energy vehicles [1]. - The company is categorized under the consumer electronics and Shenzhen Special Economic Zone concept sectors [1]. Group 3: Client Engagement and Technology Development - In the AI sector, Feirongda has established client relationships with companies such as H Company, DJI, and UBTECH [1]. - The company has made technological preparations for liquid cooling technology and is collaborating with major smartphone manufacturers on R&D, although no production orders have been secured yet [1]. Group 4: Capital Flow - On August 26, 2025, Feirongda experienced a net capital outflow of 80.76 million yuan, with a cumulative net outflow of 459 million yuan over the past five trading days [2].