飞凯材料：公司交易性金融资产价值出现较大波动主要系早期参与的创投基金项目中部分企业已实现IPO或退出

Core Viewpoint - The company reported significant fluctuations in the value of its trading financial assets, primarily due to the impact of secondary market stock price changes on the underlying equity assets of venture capital projects that have either gone public or exited [1] Group 1 - The company has participated in several venture capital projects, with some companies achieving IPOs or exits, leading to changes in the fair value of its trading financial assets [1] - Over the past two years, the company has gradually exited most of its related venture capital investments, with only a few projects remaining [1] - The company is actively formulating exit plans for the remaining projects, expecting the impact of this business on its overall performance to diminish gradually [1]