GUILIN FUDA (SH:603166) Chang Jiang Shang Bao·2025-11-28 00:19Core Viewpoint - Fuda Co., Ltd. is actively investing in the automotive parts industry by establishing new subsidiaries to enhance its business operations and market competitiveness [1][2][3]. Investment Activities - Fuda Co., Ltd. announced an investment of 30 million yuan to establish a wholly-owned subsidiary, Guilin Fuda Equipment Technology Co., Ltd., which has completed its registration [2]. - The company previously invested 100 million yuan to set up another wholly-owned subsidiary, Pinghu Fuda Drive Co., Ltd., to advance projects related to new energy vehicle electric drive systems and robotic transmission components [1][2]. Business Strategy - The establishment of Guilin Fuda aims to integrate existing mold manufacturing operations and expand into related business areas such as tool manufacturing and chemical processing, thereby enhancing the overall efficiency of the supply chain [2][3]. - Fuda Co., Ltd. is focusing on optimizing resource allocation and strengthening its core competitiveness in line with its overall development strategy [2][4]. Financial Performance - For the first three quarters of 2025, Fuda Co., Ltd. reported a revenue of 1.413 billion yuan, a year-on-year increase of 27.32%, and a net profit attributable to shareholders of 221 million yuan, up 83.27% [1][5]. - The company has shown a recovery in profitability after a significant decline in 2022, with a notable increase in revenue and net profit in 2025 [5][6]. Research and Development - Fuda Co., Ltd. maintains a strong focus on technological innovation, with a research and development expense ratio of 5.57% and a year-on-year increase in R&D spending of 18.46% to 78.73 million yuan in the first three quarters of 2025 [6]. - The company has accumulated over 300 patents and is actively involved in setting national and industry standards [6]. Market Performance - As of November 27, 2025, Fuda Co., Ltd.'s stock price reached 14.34 yuan per share, reflecting a 104% increase since the beginning of the year, with a total market capitalization of 9.267 billion yuan [6].