10月16日晚，福耀玻璃（600660）公告称，因推动公司治理结构战略性优化与可持续发展的需要，公司董事长曹 德旺提交了辞去董事长职务的报告，在辞任公司董事长职务后，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；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。 福耀玻璃工业集团股份有限公司 关于变更公司董事长暨法定代表人及 委任终身荣誉董事长的公告 本公司董事局及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 一、变更公司董事长暨法定代表人 为推动公司治理结构战略性优化与可持续发展的需要,福耀玻璃工业集团股 份有限公司(以下简称"公司")董事长曹德旺先生向公司提交了辞去董事长职 务的报告,但曹德旺先生在辞任公司董事长职务后仍作为公司董事继续履职,曹 德旺先生仍担任部分子公司的董事、董事长及法定代表人职务。根据《公司章程》 及《董事局战略发展委员会工作规则》的相关规定,自公司收到曹德旺先生辞去 董事长职务的书面报告之日起,其辞职报告生效,并视为其同时辞去法定代表人 ...

Core Viewpoint - Fuyao Glass, under the leadership of "Glass King" Cao Dewang, has evolved into a trillion-yuan giant listed in both A and H shares, with Cao Dewang officially stepping down as chairman and passing the role to his son, Cao Hui [1] Company Overview - Fuyao Glass specializes in providing safety glass and complete solutions for automotive glass and accessories, including automotive-grade float glass, automotive glass, locomotive glass, luggage racks, and window trim design, production, sales, and services [1] Leadership Transition - On October 16, Fuyao Glass announced that Cao Dewang submitted his resignation as chairman but will continue to serve as a director and hold various positions in subsidiaries. Cao Hui has been elected as the chairman of the 11th board of directors and will also serve as the legal representative and chairman of the strategic development committee [1] Background Information - Cao Dewang, born in May 1946, is currently 79 years old [1]

Core Viewpoint - The Hong Kong stock market is experiencing a surge in listings, particularly in the lithium battery sector, influenced by tightened IPO regulations in A-shares and the globalization strategies of large enterprises [1][9]. Company Overview - Zhengli New Energy (03677.HK), a Chinese lithium-ion battery manufacturer, successfully listed on the Hong Kong Stock Exchange on April 14, 2023, with a closing price increase of 1.45%, reaching a total market capitalization of HKD 21.05 billion [1][3]. - The company was founded on February 26, 2019, and focuses on the research, production, and sales of power batteries, energy storage batteries, and aviation batteries [3]. Financial Performance - Zhengli New Energy reported consecutive losses from 2021 to 2023 but is projected to turn a profit in 2024. The revenue figures for 2021 to 2024 are approximately CNY 1.499 billion, CNY 3.29 billion, CNY 4.162 billion, and CNY 5.13 billion, respectively, with corresponding net profits of CNY -402 million, CNY -1.72 billion, CNY -590 million, and CNY 91.014 million [3][12]. Market Position - The listing of Zhengli New Energy has established a "three giants" structure in the Hong Kong lithium battery market, alongside existing players, China Innovation Aviation and Ruipu Lanjun. Their respective installed capacities for 2024 are projected to be 36.5 GWh, 12.1 GWh, and 9.9 GWh, with market shares of 6.6%, 2.2%, and 1.8% [7][8]. Competitive Landscape - The lithium battery sector is witnessing a competitive landscape characterized by both oligopolistic and diversified competition, with leading companies leveraging technological advantages and brand influence to capture significant market shares [8][12]. - Several lithium battery companies, including CATL and others, are planning to list in Hong Kong, indicating a trend towards increased capital market activity in this sector [9][10]. Future Outlook - The Hong Kong market is anticipated to become a new "value discovery" hub for the lithium battery industry, particularly for mid-sized companies that face challenges in A-share financing [12].