Core Viewpoint - The transition of leadership at Fuyao Glass, with founder Cao Dewang stepping down as chairman and passing the role to his son, Cao Hui, marks a significant moment in the company's history as it prepares for future growth and innovation [1][2]. Group 1: Leadership Transition - Cao Dewang, aged 79, has officially resigned as chairman of Fuyao Glass but will continue to serve as a board member and in various roles within the company [1][2]. - Cao Hui has been elected as the new chairman of the board and will also serve as the legal representative and head of the strategic development committee [1][2]. - Cao Dewang emphasized the importance of allowing younger generations to take on leadership roles, stating that he will remain involved in overseeing the company's strategic direction [1][2]. Group 2: Company Background and Achievements - Fuyao Glass has grown to become the world's largest automotive glass manufacturer, holding nearly 34% of the global market share and employing approximately 37,000 people [6]. - The company has expanded its operations internationally, establishing production bases in 12 countries, including the United States, Russia, and Germany [6]. - Fuyao Glass's products are used by renowned automotive brands such as Bentley, Rolls-Royce, and BMW, highlighting its significant presence in the global automotive supply chain [6]. Group 3: Educational Initiatives - Cao Dewang has invested significant resources into establishing Fuyao University, with a commitment of 10 billion yuan, of which approximately 4.3 billion yuan has already been spent [7][8]. - The university aims to foster a new generation of talent within the industry, with the first batch of undergraduate students enrolled in September 2023 [7]. - Cao Dewang views his philanthropic efforts in education as a vital part of his legacy and a way to contribute to society [7][8].

Core Viewpoint - The resignation of Cao Dewang as chairman of Fuyao Glass marks a significant transition in leadership, with his son, Cao Hui, taking over the role, raising questions about the company's future direction and performance under new leadership [2][5][11]. Group 1: Leadership Transition - Cao Dewang, known as the "Glass King," has stepped down from his position as chairman of Fuyao Glass, with his son, Cao Hui, elected as the new chairman [2][5]. - Cao Dewang's resignation was anticipated, as he had originally planned to serve until January 2027, but chose to retire early at the age of 79 [5][11]. - Cao Hui, aged 55, has been involved in the company for decades, serving as vice chairman since 2015, indicating a planned succession [10][11]. Group 2: Company Performance - Fuyao Glass has experienced rapid growth under Cao Dewang's leadership, with revenue increasing from 0 to approximately 40 billion yuan [2][11]. - The company reported a revenue of about 333.02 billion yuan for the third quarter of 2025, reflecting a year-on-year growth of 17.62%, and a net profit of approximately 70.64 billion yuan, up 28.93% [11]. - Historical financial performance shows consistent growth, with revenues of approximately 281 billion yuan, 331.6 billion yuan, and 392.5 billion yuan from 2022 to 2024, alongside corresponding net profits [11]. Group 3: Market Position - Fuyao Glass is the largest automotive glass supplier globally, holding nearly 34% of the market share, with products used by renowned automotive brands [7][11]. - The company operates 61 subsidiaries and employs around 37,000 people, showcasing its extensive operational scale [7][11]. - Fuyao Glass has established production bases in 12 countries, including the U.S., Russia, and Germany, highlighting its international presence [7][11].

年近八旬的曹德旺，平静转身。 这位掌舵福耀玻璃数十年的的"玻璃大王"，如今将卸下重担、开启退休生活。 这是一个时代的谢幕，也标志着中国改革开放后第一代民营企业家集体进入"终章"。 至此，福耀玻璃也将开启曹晖时代。 正式交棒 对于辞去董事长职务，曹德旺回应称，自己退下来对福耀更有好处。 10月16日，福耀玻璃宣布，董事长曹德旺辞去职务，其子曹晖接任。 其被委任为公司终身荣誉董事长。 福耀称，此次职务变动是推动公司治理结构战略性优化与可持续发展的需要，不会对公司正常经营活动产生不利影响。 不过，曹德旺也并非完全离开，而是退居二线。 根据公告，他在辞去董事长职务后仍将作为公司董事继续履职，以及部分子公司的董事、董事长及法定代表人职务。 同时，公司选举曹晖为新任董事长，并任命其为法定代表人及董事局战略发展委员会主任。委任曹德旺为终身荣誉董事长。 1970年出生的曹晖，是曹德旺的长子。 据悉，曹晖于1989年11月加入公司，自1998年8月至今任公司董事，自2015年8月起任公司副董事长，于2006年9月至2015年7月任本公司总经理。 值得注意的是，曹德旺本届董事长任期原本要到2027年1月才到期。 | | | | ...

Core Points - The resignation of Cao Dewang as chairman of Fuyao Glass and the succession by his son, Cao Hui, marks a significant transition for the company, which is the largest automotive glass supplier globally, with one-third of the market share [1][4][10] - The company has experienced rapid growth under Cao Dewang's leadership, increasing its revenue from zero to 40 billion yuan, and investors are keen to see if Cao Hui can continue this upward trajectory [2][10] Group 1: Leadership Transition - Cao Dewang submitted his resignation ahead of the originally scheduled term, which was set to end in January 2027, citing his age and the readiness of his son to take over [4][10] - Cao Hui, aged 55, has been involved in the company for decades, serving as vice chairman since 2015, indicating a planned succession [1][9] - The market reaction to Cao Dewang's resignation was largely unsurprised, as the transition had been anticipated due to his advancing age [4][10] Group 2: Company Performance - Fuyao Glass reported a revenue of approximately 333.02 billion yuan for the third quarter of 2025, reflecting a year-on-year growth of 17.62%, with a net profit of about 70.64 billion yuan, up 28.93% [10] - The company has shown consistent financial growth, with revenues increasing from approximately 281 billion yuan in 2022 to 392.5 billion yuan in 2024 [10] - Fuyao Glass has a balanced revenue stream, with about half coming from domestic operations and the other half from international markets [11] Group 3: Market Position - Fuyao Glass is recognized as the largest automotive glass supplier globally, with a market share of nearly 34%, and has established production bases in multiple countries [6][10] - The company serves a wide range of prestigious automotive brands, including Bentley, Rolls-Royce, and BMW, highlighting its strong market presence [6][10] - The stock price of Fuyao Glass has been on the rise, closing at 66.88 yuan per share with a total market capitalization of 174.5 billion yuan as of October 16 [12]

10月16日，知名企业福耀玻璃发布一则重磅公告，公告中写明董事长曹德旺现已辞去现有职务，由大儿子曹晖正式接棒。 不仅于此，刚刚坐上最高位的曹晖已经身兼数职，同时还被任命为法定代表人和董事局战略发展委员会主任。 不过曹德旺并非完全在公司卸任，虽然不再坐镇董事长的位子，但他会继续担任公司董事和部分子公司的董事和法定代表人，继续为公司的发展发挥余热。 不少网友猜疑，曹德旺从福耀退休，大概率不会抛舍下福耀科技大学 ，对此曹德旺表示自己不会继续在大学上面费心，现已经将福耀科技委派给王树国接 受管理 。 曹德旺今年已经79岁高龄，福耀玻璃一直以来都发展势头迅猛，尤其是近两年，曹德旺更是为一手创办的福耀科技大学劳心费力。为了能培养更多稀缺人 才，年事已高的他甚至亲自上阵管理。 不过曹德旺正式宣告"退休"，还是引发外界不少猜测，有网友猜疑曹老之所以在这个节点"急流勇退"，是否是因为身体原因。 对于外界舆论，曹德旺接受了记者采访，他透露自己的身体没有问题，之所以选择退休是因为年纪大了，而且放眼公司的发展前景，他认为自己让位给年轻 人无疑更有利于企业发展。 在曹德旺官宣退休的同时，福耀玻璃还发布了今年第三季度的业绩报告。 从相关 ...

全球汽车玻璃巨头福耀玻璃迎来历史性时刻，创始人曹德旺将权杖正式移交给了儿子曹晖。 "公司董事长曹德旺因推动公司治理结构战略性优化与可持续发展的需要，辞去董事长职务。"10月16日，福耀玻璃的一纸 公告，标志着一个时代的落幕。 这位即将80岁的玻璃大王，原定任期到期日为2027年1月15日，如今提前近一年半选择了交棒。不过，曹德旺并未完全退 隐，他仍作为公司董事继续履职，并担任部分子公司的董事、董事长及法定代表人职务。 曹德旺被委任为公司终身荣誉董事长。 交棒时刻 曹德旺的辞职报告于10月16日正式生效，福耀玻璃同时选举其子曹晖为公司第十一届董事局董事长，同时担任公司法定代 表人及董事局战略发展委员会主任。 这份稳健增长的业绩单，为曹德旺的交棒提供了最佳背景。 玻璃大王之路 曹德旺的创业故事堪称传奇。1984年的武夷山之旅，成为他人生的转折点。 那一刻，他在心底立下誓言："我要为中国做一片自己的玻璃！" 曹德旺在辞去福耀玻璃董事长职务后，仍作为公司董事继续履职。 此次交接早有铺垫。曹晖曾长期在福耀玻璃体系内工作，熟悉公司业务运营，被视为接班人选。 公司公告强调，"此次职务变动不会对公司正常经营活动产生不利影响。 ...

曹德旺：你觉得我这个决定对不对？ 贝壳财经：您自己是怎么考虑的？ 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 10月16日晚间，福耀玻璃（600660.SH）发布公告称，董事长曹德旺因推动公司治理结构战略性优化与 可持续发展的需要，辞去董事长职务，但将继续担任公司董事及部分子公司的董事、董事长和法定代表 人职务，并被委任为公司终身荣誉董事长。同时，公司选举曹晖为新任董事长，并任命其为法定代表人 及董事局战略发展委员会主任。 16日晚，曹德旺在接受贝壳财经记者采访时称，自己退休得到了包括董事会和集团管理层的一致支持， 退休后自己会以终身荣誉董事长的身份继续在幕后指导儿子曹晖，"早交（权）一天，我就能多指导他 一天"。 贝壳财经：曹总，恭喜您迎来退休生活。 曹德旺：他后来自己出去做一些事情，发现并不是那么容易，再加上不少人也劝他，事实上从他开始愿 意担任副董事长的时候，就等于已经接受了当董事长（接班），他已经担任两届副董事长了。 贝壳财经：如果让您给曹晖打分，您会给他打几分？ 曹德旺：七八十分吧。 贝壳财经：挑起大梁担任董事长，他自己有信心吗？ 曹德旺：他当然有信心了，我们的管理团队 ...

Group 1: Company Announcements - Zhongtian Technology has won multiple marine project bids totaling approximately 1.788 billion yuan, including projects in deep-sea technology and marine energy [2] - Chip Union Integrated plans to increase capital by 1.8 billion yuan to support the ongoing implementation of its 12-inch integrated circuit project [3] - Guangsheng Nonferrous Metals expects a net profit of 100 million to 130 million yuan for the first three quarters of 2025, marking a turnaround from losses [4] - Fuyao Glass's chairman, Cao Dewang, has resigned to optimize the company's governance structure, with Cao Hui elected as the new chairman [5] - Longbai Group's subsidiary plans to acquire Venator UK's titanium dioxide business assets for 69.9 million USD [5] - Zhiguang Electric intends to purchase minority stakes in its subsidiary Zhiguang Energy, with stock resuming trading on October 17, 2025 [6] Group 2: Performance Highlights - Aobi Zhongguang expects a net profit of approximately 108 million yuan for the first three quarters, indicating a return to profitability [7] - China Shenhua reported a 1.6% year-on-year decline in coal sales volume for September [7] Group 3: Important Transactions - Huayu Automotive has completed the acquisition of a 49% stake in Shanghai SAIC Qingtao Energy Technology [8] - Guobang Pharmaceutical reported a 23.17% year-on-year increase in net profit for the third quarter [9] - Tianan New Materials reported a 31.12% year-on-year increase in net profit for the third quarter [9] - Guangdong East CNC reported a 151.78% year-on-year increase in net profit for the first three quarters [9]

他明确表示，退休后不会把精力放在福耀科技大学上，这是一个捐献项目，已由王树国接手管理。 值得注意的是，曹德旺本届董事长任期原本要到2027年1月才到期。 每经记者｜赵李南 每经编辑｜陈柯名 魏文艺 10月16日，福耀玻璃（SH600660，股价66.88元，市值1745亿元）迎来重大变动。公司宣布，创始人曹德旺已于10月16日辞去董事长职务，但仍将继续担 任公司董事。 同时，公司董事局已审议通过选举曹晖为公司第十一届董事局董事长。 对于此次辞任，这位传奇企业家在接受《每日经济新闻》记者采访时独家回应说，自己已80岁，选择在这个年纪退下来，是因为他认为这"对福耀更有好 处"，要"让新一代人接手"。 "我退下来对福耀更好" "我80岁了，（该）退休了。"曹德旺用带着福清特有口音的普通话说道。 尽管辞去董事长职务，但曹德旺将继续担任福耀玻璃董事，以及部分子公司的董事、董事长及法定代表人职务。福耀玻璃董事局已委任曹德旺为终身荣誉 董事长。 曹德旺早年以水表玻璃生意起家，他在公司多次的战略节点中进行了事后看来都十分有效的布局——例如退出建筑玻璃、进行全球化等。 曹德旺一直以性格耿直著称，相关故事细节在他此前的著作《心若 ...

Core Viewpoint - Fuyao Glass has undergone significant leadership changes with founder Cao Dewang resigning as chairman while remaining a board member, emphasizing the need for new leadership at the age of 80 [2][4] Leadership Changes - Cao Dewang has stepped down as chairman but will continue as a board member and hold various positions in subsidiaries, while being appointed as honorary chairman for life [3][6] - The board has elected Cao Hui as the new chairman of the board [2] Financial Performance - Fuyao Glass reported strong financial results for the first three quarters of 2025, achieving revenue of 33.302 billion yuan, a year-on-year increase of 17.62% [6] - The net profit attributable to shareholders reached 7.064 billion yuan, reflecting a year-on-year growth of 28.93% [6] - The company attributed the profit growth to rapid revenue increase, efficiency improvements, and higher foreign exchange gains [7] Cash Flow - The net cash flow from operating activities for the first three quarters was 9.885 billion yuan, a significant increase of 57.29% compared to the previous year [8] Market Outlook - Research institutions are optimistic about the future of the automotive glass market, with Goldman Sachs noting significant improvements in product structure and gross margin for Fuyao Glass [9] - UBS has recently raised the target price for Fuyao Glass, indicating positive market sentiment [9]