Core Viewpoint - Chengfei Integration (002190.SZ) has been listed in the negative behavior public notice by China FAW Group, resulting in its designation as a formally banned supplier by FAW Audi Sales Co., Ltd. and FAW-Volkswagen Automotive Co., Ltd. from August 1, 2025, to October 31, 2025 [1][3]. Company Overview - Chengfei Integration is a high-tech joint-stock company controlled by China Aviation Industry Corporation, listed on the Shenzhen Stock Exchange since 2007, and is the first listed company in China's automotive covering parts mold industry [5]. - The company primarily manufactures mid-to-high-end car outer covering parts molds, aviation CNC parts, and automotive stamping parts, with subsidiaries in Anhui and Sichuan [5]. Financial Performance - For the first half of 2025, the company expects a net loss attributable to shareholders of 11 million to 16 million yuan, an improvement from a loss of 26.5971 million yuan in the same period last year [6]. - The company's net loss after deducting non-recurring gains and losses is projected to be between 11.5 million and 16.5 million yuan, compared to a loss of 23.9782 million yuan in the previous year [6]. - Basic earnings per share are expected to be a loss of 0.0307 to 0.0446 yuan, improving from a loss of 0.0741 yuan per share in the previous year [6]. - The increase in revenue is attributed to growth in the production and sales of aviation parts, along with a significant reduction in quality claims compared to the previous year [6].

Core Viewpoint - Chengfei Integration (002190.SZ) has experienced a continuous stock price increase, with a six-day trading limit, and its current price-to-earnings ratio has reached -141.71 [1] Business Overview - The company's main business focuses on automotive parts and tooling molds, accounting for 96.91% of revenue as of the end of 2024, while the aerospace parts business contributes only 1.74% [1] - The company has confirmed that its production and operational activities are normal, with no significant changes in the market environment or industry policies [1] Investor Advisory - The company has issued a reminder to investors regarding the recent volatility in stock prices, urging them to be cautious in their trading decisions and to invest rationally [1]