FAWER(SZ:000030)2025-11-06 10:45Group 1: Market Performance and Shareholder Concerns - The company's stock price has decreased from 21.85 CNY in September 2011 to 5.6 CNY, despite the Shanghai Composite Index rising from 2567 to 4000 points [2][3] - The company acknowledges the gap between current stock price and investor expectations, attributing it to multiple factors including industry cycles and macroeconomic changes [3][4] - The company emphasizes its commitment to enhancing shareholder returns through consistent dividends, even amidst competitive pressures [3][4] Group 2: Business Strategy and Growth - The company is focused on improving operational quality and internal value, with a strategic shift towards "lightweight, electrification, intelligence, and connectivity" [3][5] - Revenue growth in the first three quarters is attributed to a favorable market environment and the realization of previously secured orders, with over 70% of new energy-related orders [4][5] - The company has no plans for A and B share consolidation but will disclose any future developments [3][4] Group 3: Operational Actions and Future Plans - The company has undertaken several key actions to enhance its operational performance, including acquiring foreign equity in joint ventures and establishing strategic partnerships [5] - It is actively exiting non-core businesses to focus on its main operations, which includes selling stakes in non-essential subsidiaries [5] - The company plans to improve communication with the capital market to better convey its strategic initiatives and operational results [5]