福鞍股份：11月25日召开董事会会议

Core Viewpoint - Fuaan Co., Ltd. announced the convening of its 19th meeting of the fifth board of directors on November 25, 2025, to review the conditions for the second release of the restricted stock incentive plan for 2023 [1] Group 1: Company Performance - For the first half of 2025, Fuaan's revenue composition was as follows: 58.04% from the casting industry, 41.85% from environmental governance, and 0.1% from other businesses [1] - As of the report date, Fuaan's market capitalization was 4.6 billion yuan [1] Group 2: Industry Context - The company is facing challenges as another firm, identified by the code 688496, has been investigated by the China Securities Regulatory Commission for reporting a loss exceeding 100 million yuan shortly after its IPO, with its main customer reducing purchases due to self-supply [1]