资料显示，福达合金材料股份有限公司位于浙江省温州经济技术开发区滨海五道308号，成立日期1999 年4月5日，上市日期2018年5月17日，公司主营业务涉及电接触材料的研发、生产和销售。主营业务收 入构成为：触头材料56.37%，复层触头22.28%，触头元件14.65%，其他6.39%，高压直流触头0.16%， 自动化设备0.15%。 福达合金所属申万行业为：有色金属-金属新材料-其他金属新材料。所属概念板块包括：小盘、智能家 居、并购重组、TOPCon电池、智能电网等。 截至9月30日，福达合金股东户数1.38万，较上期减少6.77%；人均流通股9782股，较上期增加7.27%。 2025年1月-9月，福达合金实现营业收入34.97亿元，同比增长30.03%；归母净利润5550.42万元，同比增 长33.52%。 1月12日，福达合金盘中上涨2.00%，截至09:49，报22.95元/股，成交5588.04万元，换手率1.84%，总市 值31.08亿元。 资金流向方面，主力资金净流入509.21万元，大单买入802.06万元，占比14.35%，卖出292.85万元，占 比5.24%。 福达合金今年以来股价 ...

证券日报网1月8日讯，福达合金（603045）在接受调研者提问时表示，公司经过三十多年的发展与沉 淀，已与西门子、施耐德、ABB、富士电机、欧姆龙、松下电器等国际知名头部企业建立长期稳定的 业务合作关系，已基本实现海外头部下游客户的全覆盖。目前公司已成立客户项目部，未来将重点以客 户项目开发形式进行突破，利用竞争优势进一步提升在这些国际知名头部企业的销售规模，如今年上半 年进一步突破施耐德接触器用触头材料的供应，实现西门子集团、ABB集团框架断路器用触头材料的 供货突破，以及助力北美数据中心低压配套头部供应商业务扩张。 ...

截至9月30日，福达合金股东户数1.38万，较上期减少6.77%；人均流通股9782股，较上期增加7.27%。 2025年1月-9月，福达合金实现营业收入34.97亿元，同比增长30.03%；归母净利润5550.42万元，同比增 长33.52%。 分红方面，福达合金A股上市后累计派现6543.23万元。近三年，累计派现2248.39万元。 责任编辑：小浪快报 今年以来福达合金已经1次登上龙虎榜，最近一次登上龙虎榜为3月27日，当日龙虎榜净买入174.40万 元；买入总计6786.05万元 ，占总成交额比16.28%；卖出总计6611.65万元 ，占总成交额比15.86%。 资料显示，福达合金材料股份有限公司位于浙江省温州经济技术开发区滨海五道308号，成立日期1999 年4月5日，上市日期2018年5月17日，公司主营业务涉及电接触材料的研发、生产和销售。主营业务收 入构成为：触头材料56.37%，复层触头22.28%，触头元件14.65%，其他6.39%，高压直流触头0.16%， 自动化设备0.15%。 福达合金所属申万行业为：有色金属-金属新材料-其他金属新材料。所属概念板块包括：微盘股、 TOPCon电 ...

12月15日晚间，福达合金发布公告称，公司召开董事会，审议通过终止重大资产重组事项的议案。公司原计划以支付现金方式购买浙江光达电子科技有限 公司52.61%股权，但综合考虑市场环境及标的公司变化情况，为维护公司和投资者利益，决定终止本次交易。 福达合金强调，公司终止本次交易事项是经审慎研究，并与交易对方充分沟通后做出的决定。目前公司生产经营情况正常，本次交易终止不会对公司的生 产经营和财务状况产生重大不利影响。 9月26日，福达合金发布重大资产重组公告草案，拟以支付现金方式收购光达电子52.61%的股权，交易作价3.52亿元。交易完成后，光达电子将成为福达 合金的控股子公司。 资料显示，光达电子成立于2010年，是一家从事新型电子浆料研发、生产和销售的高新技术企业，主要产品为光伏导电浆料，包括TOPCon电池片银浆、 xBC电池片银浆、HJT电池片低温银浆等全系列产品。 值得一提的是，本次交易对方包括温州创达、王中男，温州创达由王中男担任执行事务合伙人，王中男系公司实际控制人王达武之一致行动人，本次交易 构成关联交易。 二级市场上，截至12月15日收盘，福达合金上涨0.10%报19.41元/股，总市值约26. ...

Core Viewpoint - Fuda Alloy announced the termination of its acquisition of 52.61% stake in Guangda Electronics, citing market conditions and changes in the target company as reasons for the decision [2][7]. Group 1: Acquisition Details - On July 13, Fuda Alloy planned to acquire 52.61% of Guangda Electronics for a total consideration of 352 million yuan [5]. - The valuation of Guangda Electronics was assessed at 670 million yuan, reflecting a 171.38% increase over its book value of 247 million yuan as of June 30, 2025 [5]. - Guangda Electronics, established in 2010, specializes in the research, production, and sales of new electronic pastes and is recognized as a national high-tech enterprise [5]. Group 2: Financial Performance - For the years 2023, 2024, and the first half of 2025, Guangda Electronics is projected to generate revenues of 1.65 billion yuan, 2.681 billion yuan, and 1.409 billion yuan, respectively, with net profits of 16 million yuan, 61 million yuan, and 27 million yuan [5]. - Fuda Alloy reported a revenue of 3.497 billion yuan for the first three quarters of the year, marking a year-on-year increase of 30.03%, and a net profit of 55.5 million yuan, up 33.52% year-on-year [7]. Group 3: Strategic Implications - The acquisition was intended to enhance Fuda Alloy's product offerings in the electrical contact industry by adding conductive silver paste to its portfolio, thereby leveraging synergies in silver powder preparation and cost management [6][7]. - The termination of the acquisition is seen as a measure to protect the interests of the company and its investors amid changing market conditions [7].

Core Viewpoint - Fuda Alloy announced the termination of the acquisition of 52.61% equity in Guangda Electronics, citing market conditions and changes in the target company as reasons for the decision [2][5]. Group 1: Acquisition Details - On July 13, Fuda Alloy planned to acquire 52.61% of Guangda Electronics for a total consideration of 352 million yuan, which would make Fuda Alloy the controlling shareholder [4]. - The valuation of Guangda Electronics was assessed at 670 million yuan, reflecting a 171.38% increase over its book value of 247 million yuan as of June 30, 2025 [4]. - Guangda Electronics, established in 2010, specializes in the research, production, and sales of new electronic pastes, with projected revenues of 1.65 billion yuan, 2.681 billion yuan, and 1.409 billion yuan for 2023, 2024, and the first half of 2025, respectively [4]. Group 2: Financial Performance - In the first three quarters of the year, Fuda Alloy reported revenues of 3.497 billion yuan, a year-on-year increase of 30.03%, and a net profit attributable to shareholders of 55.5042 million yuan, up 33.52% year-on-year [6]. - The termination of the acquisition is expected to impact the company's financial metrics, which were anticipated to improve significantly post-acquisition [5]. Group 3: Market Reaction - As of December 15, Fuda Alloy's stock closed at 19.41 yuan per share, reflecting a decline of over 14% from its peak at the end of October, with a current market capitalization of 2.6 billion yuan [7].

Core Viewpoint - Fuda Alloy has announced a third request for an extension to respond to the Shanghai Stock Exchange's inquiry regarding its major asset acquisition and related party transaction, raising market concerns about the progress of this restructuring matter [1] Group 1: Transaction Details - Fuda Alloy plans to acquire 52.61% of Zhejiang Guangda Electronic Technology Co., Ltd. for a cash consideration of 352 million yuan, which will make it the controlling shareholder of Guangda Electronic [2] - Guangda Electronic specializes in TOPCon battery silver paste, primarily used in the front and back electrodes of crystalline silicon solar cells [2] - The actual controller of Guangda Electronic is Wang Zhongnan, who is also the son of Fuda Alloy's actual controller, indicating a related party transaction [2] Group 2: Financial Performance of Target Company - Guangda Electronic's projected revenues for 2023, 2024, and the first half of 2025 are 1.65 billion yuan, 2.68 billion yuan, and 1.41 billion yuan, respectively, with net profits of 15.84 million yuan, 60.73 million yuan, and 26.53 million yuan [2] - The gross profit margins of Guangda Electronic have been declining, recorded at 7.41%, 6.26%, and 5.85% over the reporting period, which is lower than comparable companies by 2 to 6 percentage points [2] Group 3: Regulatory Concerns - The Shanghai Stock Exchange has raised questions regarding the rationale behind the transaction, particularly in light of Guangda Electronic's declining gross margins and the competitive landscape [2] - Concerns have also been raised about Guangda Electronic's financial risks, including an asset-liability ratio exceeding 70% and negative operating cash flows for 2023 and 2024 [3] Group 4: Legal Issues - Guangda Electronic is facing a patent infringement lawsuit from Zhejiang Suote Material Technology Co., Ltd., with claims amounting to 200 million yuan, which could impact the restructuring process [4] - Fuda Alloy has acknowledged the lawsuit and is assessing its potential impact on the acquisition [4] Group 5: Fuda Alloy's Financial Position - Fuda Alloy's revenues for 2022, 2023, and 2024 are reported at 2.193 billion yuan, 2.792 billion yuan, and 3.851 billion yuan, with net profits of 29.8 million yuan, 40.9 million yuan, and 45.6 million yuan, respectively [6] - As of mid-2025, Fuda Alloy's cash balance is 423 million yuan, with short-term liabilities of 1.056 billion yuan, reflecting a year-on-year increase of 32.66% and an asset-liability ratio of 65.93% [6] - Post-transaction, Fuda Alloy's asset-liability ratio is projected to rise to 77.23% [6]

Core Viewpoint - Fuda Alloy's stock price has shown significant growth this year, with a year-to-date increase of 70.12%, despite a recent decline in the last five trading days [1][2]. Company Performance - As of September 30, Fuda Alloy achieved a revenue of 3.497 billion yuan, representing a year-on-year growth of 30.03%, and a net profit attributable to shareholders of 55.5042 million yuan, up 33.52% year-on-year [2]. - The company has a market capitalization of 2.922 billion yuan and reported a trading volume of 33.0435 million yuan on November 13 [1]. Stock Market Activity - Fuda Alloy's stock price reached 21.57 yuan per share on November 13, with a trading turnover rate of 1.15% [1]. - The stock has experienced a net outflow of 491,200 yuan from major funds, with significant buying and selling activity recorded [1]. Shareholder Information - The number of shareholders as of September 30 is 13,800, a decrease of 6.77% from the previous period, while the average circulating shares per person increased by 7.27% to 9,782 shares [2]. Dividend Distribution - Since its A-share listing, Fuda Alloy has distributed a total of 65.4323 million yuan in dividends, with 22.4839 million yuan distributed over the past three years [3].

Company Overview - Fuda Alloy is located in Wenzhou Economic and Technological Development Zone, Zhejiang Province, and was established on April 5, 1999. The company was listed on May 17, 2018. Its main business involves the research, production, and sales of electrical contact materials [1] - The revenue composition of Fuda Alloy includes: contact materials 56.37%, composite contacts 22.28%, contact components 14.65%, others 6.39%, high-voltage direct current contacts 0.16%, and automation equipment 0.15% [1] Financial Performance - For the period from January to September 2025, Fuda Alloy achieved operating revenue of 3.497 billion yuan, representing a year-on-year growth of 30.03%. The net profit attributable to the parent company was 55.5042 million yuan, an increase of 33.52% year-on-year [2] - Since its A-share listing, Fuda Alloy has distributed a total of 65.4323 million yuan in dividends, with 22.4839 million yuan distributed over the past three years [3] Stock Performance - As of November 12, Fuda Alloy's stock price increased by 2.27%, reaching 21.65 yuan per share, with a total market capitalization of 2.932 billion yuan. The stock has risen 70.75% year-to-date [1] - The stock has seen a net outflow of 1.7163 million yuan in principal funds, with significant trading activity over the past 60 days showing a 17.34% increase [1] Shareholder Information - As of September 30, Fuda Alloy had 13,800 shareholders, a decrease of 6.77% from the previous period. The average number of circulating shares per person increased by 7.27% to 9,782 shares [2] Industry Classification - Fuda Alloy belongs to the Shenwan industry classification of non-ferrous metals, specifically in the category of new metal materials and other new metal materials. The company is also associated with concepts such as small-cap stocks, micro-cap stocks, charging piles, TOPCon batteries, and smart grids [2]

Core Viewpoint - Fuda Alloy is a leading global enterprise in electrical contact materials, focusing on research, production, and sales, with the highest shipment volume of silver processing materials globally [1] Group 1: Business Performance - In Q3 2025, Fuda Alloy achieved a revenue of 3.497 billion yuan, ranking 5th among 18 companies in the industry [2] - The company's net profit for the same period was 54.41 million yuan, placing it 10th in the industry [2] - The revenue breakdown includes: contact materials 1.263 billion yuan (56.37%), layered contacts 499 million yuan (22.28%), contact components 328 million yuan (14.65%), and other businesses 143 million yuan (6.39%) [2] Group 2: Financial Ratios - As of Q3 2025, Fuda Alloy's debt-to-asset ratio was 64.71%, higher than the industry average of 43.99% [3] - The gross profit margin for the same period was 8.20%, below the industry average of 15.62% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.77% to 13,800 [5] - The average number of circulating A-shares held per shareholder increased by 7.27% to 9,782.97 [5] Group 4: Future Outlook - Fuda Alloy plans to acquire Guoda Electronics to enter the photovoltaic silver paste market, aiming to expand its growth [5] - The company expects stable growth in its electrical contact business, with data center-related revenue reaching 70 million yuan in the first half of 2025, a year-on-year increase of 507% [5] - Forecasted net profits for 2025-2027 are 65 million, 113 million, and 139 million yuan, representing year-on-year growth of 42%, 75%, and 23% respectively [5]