FYG,FUYAO GLASS(SH:600660) Sou Hu Cai Jing·2025-10-17 08:23Group 1 - The core point of the news is the transition of leadership at Fuyao Glass, with founder Cao Dewang stepping down as chairman and passing the role to his son, Cao Hui, marking a significant change in the company's management structure [1][2] - Cao Dewang, aged 79, has been the chairman since August 1999 and will continue to serve as a board member and in other roles within the company after his resignation [1] - Cao Hui, the new chairman, has extensive experience within the company, having worked in various roles since 1994, which positions him well for the leadership transition [1][2] Group 2 - Fuyao Glass holds over one-third of the global automotive glass market, serving major clients such as Mercedes-Benz, BMW, and Volkswagen, establishing itself as a key player in the industry [2] - The company reported a revenue of 11.855 billion yuan for Q3 2025, a year-on-year increase of 18.86%, and a net profit of 2.259 billion yuan, up 14.09% [2] - For the year-to-date period, Fuyao Glass achieved a total revenue of 33.302 billion yuan, reflecting a 17.62% increase, and a net profit of 7.064 billion yuan, which is a 28.93% growth compared to the previous year [2]