Core Viewpoint - Feilu Co., Ltd. is advancing its control change through a private placement of shares to Xiangguang Intelligent Technology Co., Ltd. at a price of 8.08 yuan per share, aiming to raise no more than 323.2 million yuan for working capital [1][2] Group 1: Share Issuance and Control Change - The company plans to issue shares to Xiangguang Intelligent, which will hold 11 million shares (5.02% of total shares) and have voting rights of 18.71% after the agreement takes effect [1] - Following the completion of the share transfer and private placement, Xiangguang Intelligent's stake in Feilu Co., Ltd. will increase to between 17.14% and 19.70% of the total share capital, solidifying control and stabilizing the company's equity structure [1] Group 2: Financial Performance and Business Development - In the first half of the year, Feilu Co., Ltd. reported a 60.63% year-on-year increase in revenue, particularly in its anti-corrosion business, which has secured several key projects in the rail transit sector [2] - The waterproof business has also seen significant growth, with a 115% increase in total bid amounts compared to the same period last year, reinforcing its market position in both rail transit and water conservancy sectors [2] - The company aims to leverage Xiangguang Intelligent's market and strategic resources to accelerate new product development and market expansion while enhancing internal management and operational efficiency [2]

Core Viewpoint - Feilu Co., Ltd. (300665.SZ) has developed waterproof materials for water conservancy projects, indicating a focus on infrastructure applications [1] Group 1: Product Applications - The company's self-developed waterproof materials can be used for waterproofing and protection of water conservancy dam surfaces [1] - The seepage-proof materials are designed for leakage prevention in water conservancy dam structures [1] - Corrosion-resistant products are applicable to steel structures [1] Group 2: Market Engagement - The company is actively conducting preliminary market research for the Yarlung Tsangpo River Motuo Hydropower Project [1] - Specific project information will be disclosed in accordance with regulatory requirements in periodic reports and announcements [1]

Core Viewpoint - The company emphasizes its commitment to technological innovation and sustainable development, focusing on providing environmentally friendly, efficient, energy-saving, low-carbon, and safe high-quality products since its establishment [1] Group 1: Business Strategy - The company leverages its accumulated customer resources and sales channels from its waterproofing business to expand into non-waterproof sectors such as mortar powder, building coatings, piping, and anti-corrosion [1] - The company has integrated its Deaiwei building coatings business into the Coating and Powder Technology Group to enhance supply chain synergy, process coordination, and market expansion [1] Group 2: Brand Development - The company has developed a specialized brand matrix through both organic growth and external acquisitions, with each sub-brand focusing on niche markets and maintaining a strong customer base and brand influence [1] - The company places a high priority on brand synergy and plans to continuously optimize its brand strategy to enhance overall brand influence in the future [1]