Company Summary - Fengyuan Co., Ltd. announced on August 29 that it will recognize a total of approximately 37.99 million yuan in credit and asset impairment provisions for the first half of 2025, which will reduce the net profit attributable to shareholders of the listed company by about 27.68 million yuan. The data is unaudited and will be finalized based on the annual audit by the accounting firm [1] - As of the report date, Fengyuan Co., Ltd. has a market capitalization of 3.6 billion yuan [1] Industry Summary - In the revenue composition for the year 2024, lithium battery cathode materials accounted for 92.53%, oxalic acid for 7.46%, and other industries for 0.01% [1]