- Fuxing China Group Limited reported a **net loss of RMB9,519,000** for the half year ended June 30, 2025, a decrease from a profit of RMB10,340,000 in the prior year, while **revenue decreased by 1%** to **RMB335,088,000**.  **[1954705_0001929980-25-000641_fuxing_ex991.htm:0]** 
- Despite the revenue decline, **gross profit increased by 24%** to **RMB24,474,000** for the six months ended June 30, 2025, primarily due to the Zipper segment.  **[1954705_0001929980-25-000641_fuxing_ex991.htm:0]** **[1954705_0001929980-25-000641_fuxing_ex991.htm:11]**  However, general and administrative expenses rose significantly by **141%**.  **[1954705_0001929980-25-000641_fuxing_ex991.htm:12]** 
- The company's **loans and borrowings decreased by 39%** to **RMB124,505,000** as of June 30, 2025, driven by repayments of short-term bank loans and bills payable.  **[1954705_0001929980-25-000641_fuxing_ex991.htm:10]** **[1954705_0001929980-25-000641_fuxing_ex991.htm:13]** 
- Post-period, Fuxing China Group Limited completed the **disposal of Jinjiang Jianxin Weaving Co., Ltd.** on August 6, 2025, to bolster working capital, and is pursuing a **proposed NASDAQ listing** for strategic expansion.  **[1954705_0001929980-25-000641_fuxing_ex991.htm:11]** 
- The Group expects continued impact from **high production costs, razor-thin gross margins, and uncertain customer demand**, with potential dampening effects on demand from US tariffs, although no direct impact on pricing or order volumes has been observed.  **[1954705_0001929980-25-000641_fuxing_ex991.htm:14]**

Fuxing China Group (FFFZ)