Core Viewpoint - The company Feirongda (300602) expects its net profit to double in the first half of 2025, driven by market recovery and the return of key customers [1] Group 1: Financial Performance - Feirongda anticipates revenue of approximately 2.886 billion yuan and a net profit between 155 million and 170 million yuan for the first half of 2025, representing a year-on-year growth of 103.95% to 123.69% [1] - The company's non-recurring net profit is projected to be between 125 million and 140 million yuan, reflecting an increase of 82.34% to 104.22% compared to the same period last year [1] Group 2: Product and Market Development - Feirongda's main products include electromagnetic shielding materials, thermal management materials, and lightweight composite materials, which are widely used in communication, consumer electronics, and new energy sectors [1] - The company has strengthened its R&D capabilities and increased investment in R&D, enhancing its product structure and expanding into emerging markets [1] - The return of significant customers, particularly Huawei, has contributed to the company's market share growth in the smartphone sector [2] Group 3: Business Segments - In the communication sector, Feirongda reports successful business operations with increased sales revenue and profitability, particularly in AI server cooling solutions [2] - The company's new energy vehicle business is seeing a gradual increase in sales revenue, although profit margins remain relatively low due to fluctuations in raw material prices [3] - Feirongda's subsidiary completed the acquisition of Jiangsu Zhongyu Rubber and Plastic Technology Co., Ltd., which will be included in the consolidated financial statements [3] Group 4: Non-Recurring Gains - The company expects non-recurring gains to impact net profit by approximately 30 million yuan, primarily from government subsidies and the consolidation of Jiangsu Zhongyu [3]

上市8年，累计股权募资20.7亿，实控人套现超3亿，仅分红1.4亿。 该股份转让协议在2024年11月25日拟定，马飞拟向云南国际信托转让公司2900万股股份，占总股本的 5%。转让价格为25日前一交易日收盘价的82%，即15.72元/股，转让价款总共将近4.6亿元。 公告显示转让的目的是："实控人为引入认可公司内在价值和看好未来发展的战略投资者，优化股权 结构，推动公司战略发展，同时有效改善实际控制人财务结构，降低质押等财务风险。" 从二级市场表现来看，过去半年间公司股价确实经历了一定幅度的波动。不过，自今年4月中旬后， 其股价已基本回调至上一年的11、12月份水平。风云君觉得应该不至于是因股价波动而引起的终止。 作者 | 白猫 编辑 | 小白 5月9日，飞荣达（300602.SZ）发布公告，控股股东、实控人马飞与云南国际信托就解除协议转让公 司部分股份达成一致，双方的权利义务全部终止，互不承担违约责任。 （市值风云APP） 此外，这中间还有一个小插曲，2024年12月25日，公司公告将原协议中的一个条款删除。该条款提 到"乙方（云南国际信托）支付转让价款以乙方委托人交付信托资金为前提"。 （关于控股股东、 ...