FREEWON(SH:688678) Xin Lang Cai Jing·2025-08-27 07:23Core Viewpoint - Fuliwang Precision Electromechanical (China) Co., Ltd. experienced a 5.02% decline in stock price, closing at 27.79 CNY per share, with a trading volume of 554 million CNY and a turnover rate of 7.44%, resulting in a total market capitalization of 7.205 billion CNY [1] Company Overview - Fuliwang was established on May 18, 2006, and went public on December 23, 2020. The company specializes in the research, design, production, and sales of various springs, connectors, automotive sunroof components, and other hardware accessories [1] - The revenue composition of Fuliwang includes: 54.94% from 3C precision components, 17.12% from power tool components, 14.66% from automotive precision components, 7.89% from diamond wire and brass wire, 4.55% from other supplementary items, and 0.84% from general precision components [1] Shareholder Analysis - The top circulating shareholder of Fuliwang is the Guoshou Anbao Fund, which increased its holdings in the Guoshou Anbao Smart Life Stock A fund by 150,000 shares in Q2, bringing the total to 3.1869 million shares, representing 1.23% of circulating shares. The estimated floating loss today is approximately 4.6847 million CNY [2] - The Guoshou Anbao Smart Life Stock A fund was established on September 1, 2015, with a current scale of 1.828 billion CNY. Year-to-date returns are 37.53%, ranking 603 out of 4222 in its category; the one-year return is 87.95%, ranking 401 out of 3766; and since inception, the return is 222.92% [2] Fund Performance - The Guoshou Anbao Target Strategy Mixed Fund A reduced its holdings in Fuliwang by 137,300 shares in Q2, now holding 310,000 shares, which accounts for 4.03% of the fund's net value. The estimated floating loss today is about 455,800 CNY [4] - The Guoshou Anbao Target Strategy Mixed Fund A was established on October 24, 2017, with a current scale of 104 million CNY. Year-to-date returns are 39.02%, ranking 1096 out of 8194; the one-year return is 84.74%, ranking 553 out of 7963; and since inception, the return is 60.91% [4]