孚日股份，股价暴涨！

Core Viewpoint - The recent surge in stock price of Furui Co., Ltd. (孚日股份) is primarily driven by its foray into the lithium battery electrolyte additive business, particularly the rising prices of vinylene carbonate (VC) [3][5][6] Stock Performance - On November 17, Furui Co., Ltd. opened with a limit-up, closing at 12.72 CNY per share, marking a historical high and a cumulative increase of 112.35% since October 31 when it closed at 5.99 CNY per share [3][5] - The stock has experienced a continuous limit-up for eight consecutive trading days [3] Business Transition - The market is shifting its valuation logic for Furui Co., Ltd. from traditional home textiles to a dual business model of "home textiles + new energy" due to the performance of its new energy segment [3] - Despite the stock price surge, the company reported a decline in revenue and profit in the first three quarters, with the new energy segment still operating at a loss [4][8] Market Dynamics - The price of VC, a key component in lithium battery electrolytes, has seen significant increases, with prices rising to 105,000 CNY per ton by November 14, nearly doubling since the end of October [5][6] - The demand for VC is driven by the growing energy storage market and supply shortages due to some production halts [6][7] Future Outlook - Analysts predict that the current price increase for VC may continue until the end of 2025 or early 2026, with potential for further price hikes depending on end-user demand [7] - Furui Co., Ltd. has established an annual production capacity of 10,000 tons for battery-grade VC, while other companies in the sector have varying capacities [7]