Feilu(SZ:300665) 证券时报·2025-08-21 15:19Core Viewpoint - Feilu Co., Ltd. (300665) is undergoing a potential change in control, with stock suspension starting from August 22, 2023, due to the announcement by its controlling shareholder, Zhang Weiguo, regarding the planning of control transfer [1][5]. Financial Performance - In the first half of 2025, Feilu Co., Ltd. achieved operating revenue of 238 million yuan, representing a year-on-year increase of 48.77%, driven by increased demand from rail transit equipment customers and higher acceptance settlement amounts from rail transit engineering clients [5]. - The corrosion protection business segment generated 139 million yuan in revenue, marking a year-on-year growth of 60.63% [5]. - The waterproof business segment secured new bids amounting to approximately 86 million yuan, with an outstanding unexecuted amount of 240 million yuan in the rail transit waterproof business as of the reporting period [5]. Corporate Governance and Strategy - Following the board personnel adjustment in April 2023, Zhang Jianjia was appointed as the chairman of Feilu Co., Ltd. He is the son of the controlling shareholder and actual controller, Zhang Weiguo [5]. - The future focus areas outlined by the new chairman include optimizing the company's modern governance structure, promoting the transformation and upgrading of traditional industries while exploring new avenues, and enhancing communication mechanisms in the capital market to improve the company's value recognition [6]. Market Performance - On August 21, 2023, Feilu Co., Ltd. shares rose by 10.4%, with a cumulative increase of over 40% in the past five trading days, bringing the latest total market capitalization to 2.8 billion yuan [7].